The auto industry is evolving in two ways, both of which spell massive changes for the industry with which we all grew up.
First, the industry has become globalized like never before. American cars are built in Mexico, Japanese cars are made in America, parts are sourced from around the world, and finished cars are exported into global markets.
Second, this global evolution is the continued blurring of the lines between car and tech experience. Rather than cars offering tech products, tech products are becoming cars.
That’s an important distinction from the carmakers of our youth, and one that’s driving a new breed of automaker into the limelight. Chinese automaker Byton is a perfect example. Continue reading >>>