23 May Bill Russo to Chair Future Mobility Panel at JP Morgan Global China Summit
Beijing China, June 14, 2016
|The Future of Mobility: China’s Automotive Industry in the Age of Disruption|
|The traditional automotive industry, where technology innovation has primarily been focused on powertrain and safety systems, must now contend with new forms of mobility services that are transforming the manner in which we experience the product. The particular conditions of urbanization, an ever-expanding middle class population, pollution, and congestion are uniquely challenging in China, which may create opportunities for innovative new mobility solutions for China.
The conventional hardware-centric, sales-driven, asset-heavy and ownership-based business model with sporadic customer interactions is now competing with a connected, on-demand, and often personalized mobility experiences. This new form of “connected mobility” is driving new technologies in the world of navigation, analytics, driver safety, driver assistance and information virtualization.
China’s automotive industry is at the forefront of disruption as the driving forces are much more apparent in China than that in the rest of the world: Urbanization. A Growing Middle Class. Pollution. Grid Lock.
How are these factors shaping the auto market in China? What solutions are being developed to ease mobility “pain points” in China? How do you see these solutions impacting and shaping our everyday lives today and in the future? How will this impact the structure of the industry going forward?
Innovations such as these, originating from both traditional OEMs and new mobility solutions platforms, many of whom are Chinese, could pave the way to a an entirely new business model for China’s auto industry.
Topics for discussion:
Ms. Jean Liu, President, Didi Chuxing
Mr. Hubertus Troska, Member of the Board of Management, Daimler AG; Chairman & CEO, Daimler Greater China
Mr. Matt Tsien, President & CEO, General Motors China
Mr. Carsten Isensee, EVP of Finance, Volkswagen China
Mr. Bill Russo, Managing Director, Gao Feng Advisory Company