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world1 outletCalibrating

McKinsey auto leader: China’s auto industry is faster, cheaper and better. Here’s how the West can close the gap

China's auto industry has grown quickly and is now cheaper. Western car companies have lost market share. This happened after the COVID-19 pandemic.

Jul 30, 10:30upd. 12m

6.0Significance

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world1 outletCalibrating

McKinsey auto leader: China’s auto industry is faster, cheaper and better. Here’s how the West can close the gap

China's auto industry has grown quickly and is now cheaper. Western car companies have lost market share. This happened after the COVID-19 pandemic.

Jul 30, 10:30upd. 12m

6.0Significance

1 source6.0Source trust