General Motors has opened China’s largest factory in Anhui, with an investment of RMB 1.6 billion ($253 million). An article in the Financial Times suggested that the move is “the latest sign of the growing readiness of multinational companies to invest in research and development in emerging markets”.
Indeed, China has become the largest market for GM for seven consecutive years and has also been tops for other major companies. Many car manufacturers are considering moving their sites out of Europe, where production has exceeded demand.
The future of our driving maps may be very different from what we see now.