Automotive industry
The automotive industry is a typical capital and technology-intensive sector, with a long supply chain and high degree of interconnection. Currently, it is undergoing a major transformation unprecedented in a century. The core trends are electrification, intelligence, and connectivity. The technology is evolving rapidly, and the competition for innovation is fierce. Its development is significantly influenced by policies and regulations, the macroeconomy, and consumer preferences, and it is an important pillar of the global economy.