Japanese carmakers, by contrast, are largely attempting a slower transition that will both protect their existing revenue streams while allowing room for change. He said there is “room for everyone to benefit" from the policy, but Chinese companies have moved first. Chinese carmakers also have the advantage of piggybacking on Japan’s decadeslong effort to build the country’s auto sector from the ground up. Enter: Chinese Carmakers. Enter: Chinese Carmakers.

Source: Wall Street Journal December 08, 2023 22:07 UTC