During the second episode of Luo Yonghao's podcast "Luo Yonghao's Crossroads," XPeng Inc. Chairman and CEO He Xiaopeng candidly acknowledged that every automaker has its own advantages when evaluating competitors.
He Xiaopeng noted that many Chinese automakers currently exhibit a sense of "mysterious overconfidence" because media, industry observers, and consumers generally believe Chinese automakers are performing well. However, in his view, if we're talking about achieving global strength, there's still a long way to go.
"Take our partner, who is also one of our investors—Volkswagen," He Xiaopeng said. "Which Chinese automotive company is selling well in Germany? Germany is completely open to China."
From He Xiaopeng's perspective, for these major international automakers, the development of Chinese automotive companies has just begun. Each company has its own advantages, but may not yet be perfect in certain areas.
Regarding Tesla, he commented that Tesla is a relatively comprehensive company but has also encountered various ups and downs and challenges.
When discussing Xiaomi Corp., He Xiaopeng said that Xiaomi Corp. is doing very well but also faces numerous challenges.
He advised his peers to "proceed more steadily and solidly, learn more from others' strengths, and solve more of their own weaknesses to become more well-rounded."
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.