China EVs & More Episode #147 - The Year in Review edition
Tu and Lei begin the podcast out with a look back at how Tesla ignited the price war in the beginning of 2023.
They move onto a discussion about Xiaomi and CEO Lei Jun's strategy for entering the market and building up excitement for their first vehicle that's due to launch in the next year and finally making guesses on what their vehicle's price will be once announced.
They move the conversation over to how difficult it is for the legacy automakers to keep up with the constant barrage of new brands, products and endless refreshes in order to not lose pace in the China market. They acknowledge that most automakers aren't able to keep up which could lead to even more challenges in the future.
Tu and Lei briefly discuss making sure to follow the people that are out there getting it done and visiting the countries, trying out the vehicles and meeting with the executives.
They end the podcast with their review of 2023 and a discussion about which events shaped the year.
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