Why China is the New Global Battleground for Autos? Reflections from Chongqing Auto Forum 2025Last week, for the third year running, EAC International Consulting Business Strategy Director Addie Wei had the privilege of attending the Chongqing Auto Forum – widely regarded as China’s most candid and influential automotive event. This year’s theme was fitting: “𝘚𝘩𝘢𝘱𝘪𝘯𝘨 𝘵𝘩𝘦 𝘍𝘶𝘵𝘶𝘳𝘦 𝘪𝘯 𝘢𝘯 𝘌𝘳𝘢 𝘰𝘧 𝘛𝘳𝘢𝘯𝘴𝘧𝘰𝘳𝘮𝘢𝘵𝘪𝘰𝘯.” Key takeaways: 1️⃣ 𝗣𝘂𝘀𝗵𝗯𝗮𝗰𝗸 𝗔𝗴𝗮𝗶𝗻𝘀𝘁 𝘁𝗵𝗲 “𝗣𝗥𝗜𝗖𝗘 𝗪𝗔𝗥” This year, Chinese OEMs made their stance clear: unsustainable competition must stop. – Li Shufu (Geely) called out “unacceptable” price wars. – Chery and Changan warned of long-term damage to …
Karnataka’s Investment Summit: A Strategic Economic Dialogue in Munich
Karnataka’s Investment Summit: A Strategic Economic Dialogue in Munich On Thursday, 5th December 2024, Munich transformed into a crucible of international economic collaboration as the Government of Karnataka, alongside the Consulate General of India and EAC International Consulting, orchestrated an unprecedented “Investment Summit Business Roundtable” that promised to redefine bilateral economic engagement between India and Germany.The event was distinguished by two pivotal presentations that wove a comprehensive narrative of investment potential, delivered by Mrs. Daniela Bartscher-Herold, Partner and Mr. Rituraj Shailendra, Principal at EAC International Consulting. Mrs. Bartscher-Herold’s “India Macroeconomic Update” provided a panoramic view of India’s investment landscape. Her …
The Indian Semiconductor Industry at the Cusp of Inflection
The Indian Semiconductor Industry at the Cusp of Inflection The semiconductor industry faces significant challenges, including supply chain disruptions, localized talent shortages, and the constant technological demand for smaller chips. Despite these obstacles, in 2023 the industry generated a substantial 500 bln EUR in revenue. While this represents a 9% decrease from 2022, a strong recovery is underway and forecasting revenue to exceed 1.2 trln EUR by 2030. This growth will be primarily driven by the automobile, computing, and data storage sectors, which are expected to account for over 70% of semiconductor demand. Semiconductors are a vital cog in our …
Challenges within the German Automotive Network
Challenges within the German Automotive Network The German automotive industry, renowned for its precision engineering and collaborative spirit between manufacturers and suppliers, is facing a tumultuous period marked by rising tensions between the major automakers and their suppliers. The strained relationship has led to significant disruptions and financial losses. The situation underscores broader challenges within the industry, including heightened cost pressures, increasing complexity of vehicle components, and shifting market dynamics.At the heart of the issue lies a breakdown in the traditionally close-knit partnership between the major automakers and their suppliers. Instances of faulty or delayed components, ranging from brakes to …