China is the world's largest car market and beijing has issued a deadline for all new cars sold in the country to be electric or hybrid by 2025, so this means great opportunities and significant challenges ahead for carmakers.
the most pressing challenge that many feel may loom over the industry relates to charging infrastructure.
for now, about 11 million people live in homes with no access to direct power supply. a generating capacity of more than 150 gigawatts will be needed by 2020 just to meet these needs, according to china’s ministry of housing and urban-rural development. investment in charging infrastructure can offset these costs by unifying demand among electric vehicle consumers rather than relying on intermittent renewable electrons from centralized systems
what challenges does gm face at the individual and group levels?
at the individual level, gmo crops have been shown to reduce a person’s incidence of developing cancer. there are also many studies that show it has a positive effect on agriculture and starvation by providing food for more people that is necessary with regular agriculture practices. the only individuals who should strongly oppose gmo foods at this point are those without any scientific understanding of biotechnology or the risks and consequences of not using them.
for groups, gmos allow smaller farms to exist where they would otherwise go out of business by providing less expensive crops to farmers year round as opposed to farmers having to buy up all their seeds from chemical companies every year or two, keeping prices higher for consumers in order for these larger companies make profits. gm technology also offers
how is gm responding to the high demand for its products in china?
gm is planning to sell at least 130,000 cars in china this year after selling 73,489 last november. gm representatives are excited for the future of their chinese operations and plan to explore the possibility of bringing more manufacturing plants inland while continuing with its strategy of adapting levels of production to customer demand.
does gm's future lie in china?
yes. it is predicted that by 2025, china's agricultural output will be 70% of the total global production, including cotton and rice. this may be a result of slowing growth in other countries, an enlarging population in china coupled with increasing awareness through technology, which led to more western farmers moving towards china. this trend is especially strong among soy producers who are seeing their profits lowered due to climatic abnormalities in the us midwest and the black sea region. we also see this trend because gm field trials were required for permission to import soybeans into china from 2002-2008 onward–china already cultivated 700 million acres of land with gm-crop seeds at the end of 2008. though chinese people are still suspicious about genetically modified
how did general motors enter the chinese market?
“general motors entered the chinese market in 1914, when they began manufacturing chevrolet cars based on an american design.”
“upon meeting with general motors's chairman and ceo, li fulin, premier wen jiabao praised gm for doing a lot of work to improve its quality. according to the general manager of gm china research center li hongzhuan, improving quality can bring mutual benefits to both carmakers and consumers.”