{"id":35869,"date":"2025-10-20T12:21:29","date_gmt":"2025-10-20T12:21:29","guid":{"rendered":"https:\/\/agooka.com\/news\/usa\/gms-president-says-western-automakers-have-one-big-lesson-to-learn-from-chinas-ev-giants\/"},"modified":"2025-10-20T12:21:29","modified_gmt":"2025-10-20T12:21:29","slug":"gms-president-says-western-automakers-have-one-big-lesson-to-learn-from-chinas-ev-giants","status":"publish","type":"post","link":"https:\/\/agooka.com\/news\/usa\/gms-president-says-western-automakers-have-one-big-lesson-to-learn-from-chinas-ev-giants\/","title":{"rendered":"GM&#8217;s president says Western automakers have one big lesson to learn from China&#8217;s EV giants"},"content":{"rendered":"<figure><img decoding=\"async\" src=\"https:\/\/i.insider.com\/68f61ae9cc993f9955d07a76?format=jpeg\" alt=\"Mark Reuss\"\/><figcaption>Mark Reuss said GM was &quot;absolutely&quot; thinking about the prospect of competing with Chinese carmakers in the US.<\/p>\n<p>GIORGIO VIERA\/AFP via Getty Images<\/p>\n<\/figcaption><\/figure>\n<ul>\n<li>GM&#039;s president says the company has a plan to take on BYD.<\/li>\n<li>Mark Reuss told a podcast that GM could learn from the speed at which China&#039;s EV firms launch new products.<\/li>\n<li>However, Reuss added that Western automakers shouldn&#039;t try to copy their Chinese rivals.<\/li>\n<\/ul>\n<p>GM President Mark Reuss thinks that the company has one big lesson to learn from China&#039;s EV upstarts \u2014 and a few to avoid.<\/p>\n<p>The auto executive said Western carmakers needed to match the speed at which BYD and its rivals build new models, but warned that they shouldn&#039;t try to copy China&#039;s EV playbook.<\/p>\n<p>&quot;I would say we can learn a lot from the speed. I don&#039;t think that copying each other and trying to price each other out of the market is necessarily a great thing,&quot; said Reuss, who was speaking on InsideEV&#039;s &quot;Plugged-In&quot; podcast.<\/p>\n<p>Chinese EV companies like BYD and Xiaomi are known for bringing new vehicles to market far quicker than their Western rivals.<\/p>\n<p>A recent report from automotive consultancy AlixPartners found that the typical product development cycle for a Chinese EV firm was 22-28 months, compared to 32-48 months for global carmakers.<\/p>\n<p>Reuss said Chinese automakers often use the same base of suppliers and are willing to rapidly adopt new innovations, allowing them to roll out new vehicles quickly and cheaply.<\/p>\n<p>&quot;They benchmark the heck out of each other, and then they will copy it and put it into production, so it&#039;s a very rapid cycle because of that,&quot; he said.<\/p>\n<p>Reuss, who has worked at GM for 40 years, warned that Western automakers should be wary about trying to copy China&#039;s EV blueprint.<\/p>\n<p>&quot;There are a lot of companies that come and go, and they come and go often. Unless you&#039;re selling batteries, it&#039;s a pretty tough financial deal to make money over there,&quot; he said.<\/p>\n<p>When it comes to electric cars, China has raced ahead of the rest of the world, with electric car sales expected to overtake conventional gasoline cars this year.<\/p>\n<p>By contrast, the US has lagged behind, with major automakers rolling back their EV plans amid fears of slowing demand. Earlier this month, GM took a $1.6 billion charge due to its own EV strategy shift, having previously walked back plans to only sell electric vehicles by 2035.<\/p>\n<p>However, only a handful of the 100-plus companies fighting for a piece of China&#039;s red-hot EV market are profitable, and industry figures have warned that many will not survive the next few years.<\/p>\n<p>Some carmakers have resorted to slashing prices to drive demand, sparking a government crackdown on aggressive discounting.<\/p>\n<p>Even BYD, which sells more cars in China than anyone else, is feeling the heat. Profits slid in the last quarter due to the escalating price war.<\/p>\n<p>Reuss said that GM had &quot;a ton to learn&quot; from China&#039;s EV upstarts, pointing to their voice control integration and advanced infotainment systems.<\/p>\n<p>He added that GM was &quot;absolutely&quot; thinking about the prospect of competing with Chinese carmakers in the US, which has introduced high tariffs to keep out BYD and its rivals.<\/p>\n<p>&quot;I think R&amp;D technology investment in our company in this country is the way to compete. We can&#039;t go copy the way they do things and expect to win, so we have to be better,&quot; said Reuss.<\/p>\n<p>Read the original article on Business Insider<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mark Reuss said GM was &quot;absolutely&quot; thinking about the prospect of competing with Chinese carmakers in the US. GIORGIO VIERA\/AFP via Getty Images GM&#039;s president says the company has a plan to take on BYD. Mark Reuss told a podcast that GM could learn from the speed at which China&#039;s EV firms launch new products. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":35870,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":{"0":"post-35869","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-usa"},"_links":{"self":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/35869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/comments?post=35869"}],"version-history":[{"count":0,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/35869\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media\/35870"}],"wp:attachment":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media?parent=35869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/categories?post=35869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/tags?post=35869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}