Germany's Bochum Automobile Research Institute released the 2026 global passenger car market forecast report on the 15th. China's importance in the global automobile market has further increased, and the future of the automobile industry lies in cooperation with China. “Without the Chinese market, you can't really enter the automotive industry.” The author of the report, Ferdinand Dudenhever, a German automotive economist and director of the Bochum Automobile Research Institute, said that increasing economies of scale and benefits brought about by the Chinese market and complete supply chain, as well as China's rapid development and innovation in cutting-edge technology fields such as power batteries, new energy vehicles, and autonomous driving technology, have become a key driving force for the electrification and intelligent transformation of the global automobile industry.

Germany's Bochum Automobile Research Institute released the 2026 global passenger car market forecast report on the 15th. China's importance in the global automobile market has further increased, and the future of the automobile industry lies in cooperation with China. “Without the Chinese market, you can't really enter the automotive industry.” The author of the report, Ferdinand Dudenhever, a German automotive economist and director of the Bochum Automobile Research Institute, said that increasing economies of scale and benefits brought about by the Chinese market and complete supply chain, as well as China's rapid development and innovation in cutting-edge technology fields such as power batteries, new energy vehicles, and autonomous driving technology, have become a key driving force for the electrification and intelligent transformation of the global automobile industry.