Featured by Reuters: How China's new auto giants left GM, VW and Tesla in the dust

Phil Dunne • July 3, 2025

BYD, Chery and other Chinese car makers have reshaped global competition through their unprecedented agility. They have found ways to develop new models in less than half the time it takes their foreign rivals, helping to drive explosive growth. In this recent Reuters special report, the primary focus is China's EV production and how this impacts global manufacturers.

Phil Dunne offered a candid take on the competitive landscape, calling out how traditional automakers simply can’t match Chinese brands on price due to the fact that they’re structurally built to be faster and cheaper. Dunne mentioned his belief in established global players still have the upper hand when it comes to knowing their customers and delivering the kind of quality and design that resonates, especially in markets like Europe.

Read the full Reuters article below, or by clicking here.

““Traditional automakers can’t compete on price because the Chinese will always win. But [in markets such as Europe, established global automakers] still have a better understanding of the customer; they have invested heavily in new models and their products are getting better.”

-Phil Dunne, Managing Director, Industrials

Read the full article here Read the full article here

““Traditional automakers can’t compete on price because the Chinese will always win. But [in markets such as Europe, established global automakers] still have a better understanding of the customer; they have invested heavily in new models and their products are getting better.”

-Phil Dunne, Managing Director, Industrials

Read the full article here

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Featured by Reuters: How China's new auto giants left GM, VW and Tesla in the dust