Chinese Automotive Market Changes and Incentives

Tu and Lei kick this podcast off by going over March sales numbers and move into discussing some of the recent incentives that have been offered by EV brands in order to keep sales momentum going. 

The detail some of the challenges that contibute to the ongoing price war and how Tesla has fated during a price war they initiated. They then contrast that with Xiaomi's sales momentum since launch and how that stands out and hasn't lost any steam.

The last big topic the two tackle in this podcast is the upcoming Beijing Auto show and what their expectations are and what they hope to see there.

Tu quickly discusses some of the challenges that Ford and Stellantis brand Ram are starting to see in the US market with truck sales and the pod closes out with their thoughts based on current conditions of Tesla being able to find any growth in sales this year compared with 2023. 

Listen on: Apple Podcasts   Spotify