In an interview with Cover, Yin Tongyue, Secretary of the Party Committee and Chairman of Chery Holding Group, shared his insights on the future of automotive production and utilization. Yin noted that while approximately 90 million vehicles are manufactured globally each year, the majority of these cars remain underutilized, spending the majority of their time parked in garages. This phenomenon has led to a scarcity of garage space resources. Yin Tongyue anticipates that with the advent of the era of full autonomous driving, cars will transform into mobile spaces that individuals can summon via their smartphones, eliminating the need for traditional garage parking. Consequently, this shift is expected to alleviate the current garage shortage.
