Lei starts the podcast a deeper dive into the NIO price cuts and a bit of commentary on the quick after effects.

Tu poses a few questions to Lei about whether the ¥30K cut was enough to build positive momentum.  Tu thinks that the price cut will offer a temporary positive push but that NIO still needs to reconcile its product and business strategy to ensure that the gains are longer term.

Tu moves the chat over to Li Auto's bullishness and whether Li Auto will be able to outsell ABB. 

Lei doubles down on his thoughts that the China market will reach 9 million units including exports. 

Tu jumps on his soapbox about what he believes to be the misperception of German engineering being best-in-class after Dieselgate & their current challenges with EV products. 

Tu and Lei spend the last few minutes answering questions from listeners about NIO.