Gao Feng, a business consultancy headquartered in China, has released a new paper about the revolution in auto mobility in China.
China’s unique set of urban transportation challenges, very high rate of adoption of mobile internet services, and rapid and aggressive introduction of alternative mobility solutions have combined to make China a global breeding ground for mobility innovation.
The deeply-rooted automotive industry business model is experiencing disruption.
Mobility needs previously satisfied through product “ownership” are increasingly being served through mobility services “usership”, with profound implications not only for traditional players within the value chain, but also for non-traditional players – as they enter and compete to deliver services. Continue reading China’s auto mobility revolution: Going from ‘ownership’ to ‘usership’