The Challenge of High-Tech Talent

The rapid development of the automotive industry in the Yangtze River Delta Region presents a significant challenge in terms of developing high-tech talent. The region’s rapid growth and increasing demand for advanced technologies have created a shortage of skilled workers in the industry. This shortage is exacerbated by the fact that many young people in the region are more interested in pursuing careers in other fields, such as technology and finance, rather than in the automotive industry. Key statistics: + The Yangtze River Delta Region is home to over 100 million people, with a growing population of over 10 million. + The region’s automotive industry is expected to grow by 10% annually for the next five years. + The shortage of skilled workers in the industry is estimated to be around 50,000 per year.

The Importance of Building Up the Workforce

Building up the workforce in the Yangtze River Delta Region is crucial to remain competitive in the face of the rise of new energy vehicles and connectivity. The region’s automotive industry is heavily reliant on the availability of skilled workers to develop and manufacture advanced technologies.

The Rise of the Aftermarket Industry

The aftermarket supply chain has undergone significant transformations in recent years, driven by technological advancements and shifting consumer demands. The industry is now characterized by a growing need for high-quality services that cater to the evolving needs of vehicle owners. Key drivers of the aftermarket industry’s growth: + Increasing demand for vehicle connectivity and digitalisation + Rising expectations for energy-efficient and sustainable solutions + Growing importance of after-sales services and support As a result, the aftermarket supply chain is becoming increasingly complex, with multiple stakeholders and service providers vying for attention.