China is ripping up the rulebook for the global auto industry [Los Angeles Times (CA)]
Stellantis N.V. Common Shares (STLA)
Company Research
Source: Los Angeles Times
Leapmotor International's Germany head, Martin Resch, was at the wheel, and emailed engineers in Hangzhou to report the problem before going into a meeting. By the time he got out, a software update had been beamed to the electric vehicle, smoothing its behavior. A similar fix at a European carmaker would have taken weeks. Executives call it China Speed, and it's the global auto industry's new benchmark. For decades, carmakers measured themselves against German engineering, Detroit scale or Japanese reliability. Now executives from Michigan to Wolfsburg are confronting a new yardstick — one defined by rapid-fire development cycles, software-first design and relentless cost compression born of China's EV boom. Just as Japan's ascent in the 1970s reshaped the industry with lean production and ruthless efficiency, China's rise — led by companies like BYD, Geely and Leapmotor — is rewriting the rules again, with flatter development timelines, deep supply chain integration, bold ide
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