CLEAN : Automakers see promise in China car-sharing

The video discusses how automakers are exploring car sharing as a potential business model, recognizing it as a risk to their traditional models. In China, especially urban areas, car sharing could alleviate traffic congestion by better utilizing existing vehicles. However, the full effects and potential utilization rates of car sharing remain uncertain.

How do automakers view the risks associated with car sharing?

What is the significance of the 'new Model 1' mentioned in the context of car sharing?

What are the potential benefits of car sharing in urban areas?

What challenges does traffic congestion pose in China, particularly in urban areas?

What is the current utilization rate of cars compared to their potential capacity?