Oliver Wyman's Brandt on Shanghai Auto Show

The Shanghai Auto Show highlights significant innovations in vehicle concepts, battery technology, and interior design. Chinese manufacturers are gaining market share, with expectations to exceed 50% for the first time. Technological advancements in battery electric vehicles and software integration are notable. Despite geopolitical tensions, China's EV market remains robust. Price wars are affecting manufacturers' bottom lines, potentially driving some out of the market.

What were some of the key innovations showcased at the Shanghai Auto Show?

• Outdated entertainment systems

• Old-fashioned interior designs

• Traditional gasoline engines and manual transmissions

• New vehicle concepts and advanced battery electric powertrains

What market share are Chinese car manufacturers expected to achieve this year?

• 30%

• 90%

• 50%

• 70%

Which aspect of Chinese brands has seen significant progress in recent years?

• Traditional craftsmanship

• Battery electric technologies

• Petrol engine efficiency

• Manual transmission systems

How might US investment curbs affect China's EV development?

• They might cause a slight decoupling

• They will completely halt development

• They will have no impact

• They will significantly delay progress

What is a potential outcome of the ongoing price wars in the Chinese auto market?

• Some manufacturers may exit the market

• Stability in market competition

• A decrease in production capacity

• Increased profits for all manufacturers