Supply chain fragmentation: How geopolitics is reshaping the global automotive industry
Geopolitical conflicts and trade barriers are forcing the global automotive supply chain to shift from globalization to regionalization and block formation. Major economies such as China, the United States, and Europe are competing over supply chain security, giving rise to a dual-track supply chain and a block-based pattern rooted in geopolitical camps. Leveraging its complete manufacturing system, China is transforming from a cost center into a resilience center.