Global automakers must deepen ties with China to survive the industry's electric revolution, Magna China President Wu Zhen told CGTN this week. In a candid chat with reporter Hou Jing, the Canadian auto veteran called the Chinese mainland "both a testing ground and launchpad" for next-gen vehicle tech.
"From battery breakthroughs to smart driving systems, collaboration here accelerates innovation worldwide," Wu emphasized, noting that 63% of Magna's 2026 R&D projects involve Chinese partners. The comments come as global brands race to meet 2030 sustainability goals through electrification.
Young professionals take note: Wu predicts China's auto market will birth "the TikTok of transportation" – game-changing mobility apps blending AI, green tech, and social features. 🚀
