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Carmakers under pressure to transform business or face elimination, says Kia Taiwan executive

Annabelle Shu, Taipei; Eifeh Strom, DIGITIMES Asia 0

Credit: DIGITIMES

About 30% of existing carmakers will face elimination from the market in 2030 due to a failure to transform their business, according to Calvin Lee, managing director of Sime Darby Kia Taiwan. Carmakers have little time left to completely overhaul their...

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