David Feith appears on a panel hosted by SAFE to discuss the existential risk both the American and European auto industries are facing—Chinese automakers pushing into emerging and established markets with an array of low-cost, compelling vehicles. The discussion surrounds vertical integration, low-cost labor, and dominance of material supply chains, which are variables that Western industry will struggle to replicate. The panel outlines what the options are for industry and policymakers to maintain competitiveness in a new automotive landscape.
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The Taiwan Semiconductor Manufacturing Company’s Fab 20, which specializes in the production of 2-nanometer advanced chips, in Hsinchu, Taiwan, on March 28, 2026. (Getty Images)