CLEAN : Global carmakers see rising competition in China

The video discusses the integration of lithium-ion batteries in cars sold in China, highlighting the rapid market acceleration driven by government legislation. It emphasizes the shift from traditional to modern, vibrant vehicles, aligning with the younger consumer base's preferences. The brand aims to increase its global presence, with China playing a crucial role in achieving a 50% sales growth outside Europe. Despite slower growth rates compared to previous years, the Chinese automotive market remains the largest globally.

What is the primary factor driving the electric vehicle market in China?

• Manufacturer initiatives

• Consumer demand

• Government legislation

• Technological advancements

What type of vehicles is the company moving towards in response to market trends?

• Traditional saloon cars

• Electric trucks

• Modern and vibrant SUVs

• Luxury sports cars

What is the average age of the company's customers in China?

• 25 years

• 35 years

• 30 years

• 40 years

What was the percentage of sales outside Europe in 2008?

• 40%

• 20%

• 10%

• 30%

What is the company's target percentage for sales outside Europe?

• 55%

• 45%

• 50%

• 40%