Engineered products & automotive companies face a time-to-market and cost gap of 20%–30% – Key question: How to achieve "Chinese speed & cost"?
Not long ago, Chinese products were regarded as low-cost alternatives that often failed to meet quality or customer requirements. That perception has changed dramatically. Across industries, Chinese firms are now developing and manufacturing products that are Increasingly, Chinese companies are able to develop their products faster and achieve a indicate that in the automotive industry, for example, Chinese players develop new development speed and cost. Western manufacturers are now facing a disruptive Key question: How to achieve "Chinese speed & cost"? Source: CapitallQ, company information, Roland Berger