Chinese carmakers develop new models 30% faster than legacy manufacturers. The Chinese companies are leaner, move faster, and employ software modeling systems to reduce trial-and-error development time and costs.

Chinese carmakers behave more similarly to startup companies in other ways. They develop cars by taking steps in parallel, instead of in a linear fashion.

The systems of management, project development, and innovation that are in evidence in the automaking industry is strikingly similar to how the Chinese approach manufacturing in ALL industries.

Resources and links:
Wall Street Journal, How China is churning out EV's faster than everyone else
https://www.wsj.com/business/autos/ho...

Forbes, Shenzhen is source of 90% of world's electronics
https://www.forbes.com/sites/wadeshep...