By 2040, 90pc of all car sales in China will use self-driving technology, compared with nearly 80pc in Europe and about 65pc in America, reckons Goldman Sachs, as per The Economist
Published in Dawn, The Business and Finance Weekly, March 24th, 2025
A 25pc tariff on low-end cars may force price increases that make them unaffordable to their target market or cause manufacturers to abandon them entirely, analysts warn.