Part 5/11:
China's production capabilities are staggering, currently estimated to account for half of the global vehicle output. By 2030, forecasts suggest that China's capacity could rise to an overwhelming 75%. This brings to question the troubling trend of global automakers increasingly shifting production to China. Dunn cites an alarming statistic: it costs half as much to build a car in China compared to Japan or Germany. This cost disparity makes it increasingly difficult for manufacturers to ignore the financial logic of moving operations to China.