At the 2025 Shanghai Auto Show, Volkswagen Group CEO Oliver Blume revealed that having competitors like BYD really pushes the company to level up its game. "Having competitors like BYD challenges us to improve," he said, showing how rivalry can spark innovation 🚗.
Blume also stressed that collaborating with local players in the Chinese mainland's fast-moving auto market is crucial. This mix of competition and teamwork not only drives new tech trends but also helps VW tackle global trade challenges and strengthen ties with Chinese automakers and suppliers 💡.
Overall, this dynamic approach is setting the stage for an exciting future in the auto industry, where innovation and strategic partnerships keep the wheels turning.
Reference(s):
VW CEO: Having competitors like BYD challenges us to improve
cgtn.com
