Infosec.Pub

cross-posted from : https://lemmy.zip/post/63109495

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Foreign marques are racing to showcase new models made with Chinese technology at a high-profile auto show in the country this week

Companies such as Volkswagen and Nissan Motor now aim not only to win back local customers but also to push into overseas markets with vehicles built on cutting-edge Chinese know-how.

Volkswagen has leveraged its partnerships with Chinese electric vehicle startup Xpeng, in which the German group owns a 5% stake, and self-driving chipmaker Horizon Robotics to add more software-defined cars to its lineup, with systems that control features such as the powertrain and infotainment.

"The experience of high innovation speed [in China] ... we can carry over to other processes around the world," Volkswagen's chief executive, Oliver Blume, told local Chinese media this week.

Another foreign player, Nissan, has adopted an "in China, for China, to global" strategy aimed at absorbing Chinese companies' technology and repositioning China as a regional export hub.

Nissan has promised to invest 10 billion yuan ($1.46 billion) in China by the end of the year and increase combined China sales and exports to 1 million units by 2030.

Honda introduced to Japanese consumers its China-made Insight electric car -- the first of its kind -- developed from the e:NS2 model under the Japanese automaker's joint venture with Dongfeng.

Hyundai is working with Baidu, ByteDance and Momenta on self-driving technology.

cross-posted from: https://mander.xyz/post/50999041

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Regional areas will be hit hardest by the price rises, as more fuel is required to transport goods further distances from metropolitan distribution centres.

"The cost of fuel and fertiliser is flowing through the supply chain, and we're going to see in metro areas probably a 2 or 3 per cent increase across the board," market analyst and director of Episode 3, Matt Dalgleish, said.

"We're seeing record prices for diesel, and that's what most of Australia's freight runs on.

"In regional areas it could get higher, maybe 10 per cent, depending on how remote the area is and how stretched the supply chain is."