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* According to Alixpartners, Chinese automakers have cost advantages, localized production strategies and highly-tech enabled vehicles. For instance, they have a 35% "made-in China" cost advantage and can produce their vehicles in half the time taken by legacy automakers (40 months vs 20 months). | * According to Alixpartners, Chinese automakers have cost advantages, localized production strategies and highly-tech enabled vehicles. For instance, they have a 35% "made-in China" cost advantage and can produce their vehicles in half the time taken by legacy automakers (40 months vs 20 months). | ||
[[File:AlixPartners-CNBC.png|left|thumb| | [[File:AlixPartners-CNBC.png|left|thumb|679x679px|Source: CNBC]] | ||