🔌 Shanghai Auto Show 2025 just got electric! Volkswagen Group CEO Oliver Blume sat down with CGTN to spill the tea on how competition with local giants like BYD keeps the auto giant on its toes in China’s hyper-competitive market. Spoiler: It’s all about the hustle. 🚗
Shifting Gears in China’s Auto Playground
Blume didn’t sugarcoat it: “Competition and collaboration push us to improve faster than ever.” With China’s EV market growing at warp speed (❤️ you, Gen Z eco-warriors), VW’s doubling down on partnerships with local suppliers and tech innovators. Think battery breakthroughs and AI-driven designs. 😎
Collaboration > Competition?
Surprise twist: Rivals like BYD aren’t just challengers—they’re teachers. “Learning from local players helps us adapt,” Blume said, hinting at more joint ventures to tackle everything from software to sustainability. Teamwork makes the green dream work! 🌱
Global Trade Speed Bumps
Trade tensions? Supply chain snags? Blume acknowledged the hurdles but stayed bullish: “Innovation thrives under pressure.” Translation: Expect smarter, cleaner cars hitting roads worldwide soon. 🌍🔋
Bottom line: VW’s betting big on China’s tech mojo to drive its next chapter. Game on, auto world. ⚡
