And, a recent tour of one of the Asian powerhouse’s vehicle plants has proved this beyond a shadow of a doubt, at least to Honda President and CEO Toshihiro Mibe.
“We have no chance against this,” Mibe said upon a visit to a Shanghai parts factory, commenting on its seamless automation across all levels of production. Logistics, procurement and all aspects of the process were so automated, in fact, that he did not spot a single human worker on the supplier’s floor.
Ford executives saying even three years ago that China was way ahead of the game
Toyota’s CEO has likewise said regarding not just his company, but the industry in general, “unless things change, we will not survive”
You think they have no employees at all? BYD had over five times the employees than Ford! And subsidies? In the US, we bailed out our auto sector during the Great Recession and heavily subsidize our auto sector via tariffs. Plus no car plant had been built in a generation without heavy state and local tax breaks and subsidies.
Seriously. What are you smoking? Cause I want some.
It’s right there in the blurb, you don’t even need to read the article:
““We have no chance against this,” Mibe said upon a visit to a Shanghai parts factory, commenting on its seamless automation across all levels of production. Logistics, procurement and all aspects of the process were so automated, in fact, that he did not spot a single human worker on the supplier’s floor.”
No, I don’t think they have no employees. But your five times the employees thing is misleading. BYD Corporation has 5 times the employees as Ford, but that is for the entire BYD corporation, including their batteries, cell phones, fork lifts, solar panels, semiconductors, and rail transit systems. BYD Automotive is closer to 2 times the size of Ford. BYD is also vertically integrated, meaning they build a lot of the parts/components that go into their cars. Ford outsources a lot of parts and components.