Recent data shows that China has overtaken Japan as the world's largest car exporter. China’s auto industry reached a milestone in 2023 with record highs in car production and sales, reflecting the country's heavy effort to upgrade its auto industry and strive for more high-quality development. What are the factors behind the auto industry boom? What does the rise of China’s new-energy vehicle industry mean for the country and the world? And is a car industry “win-win scenario” possible for China and the EU?

This edition of Dialogue features an exclusive interview with Dr. Ferdinand Dudenhöffer, Professor and Director of the Center for Automotive Research.