Tu and Lei discuss the recent policy announcements in China to encourage the purchase of an NEV in the lower tier cities. This includes forecasts for higher numbers of PHEVs sold in the coming months. 

Tu moves the conversation onto the NIO ET5 Touring that’s aimed squarely at the Zeekr 001 customers. Lei and Tu agree that folks should be looking out for Zeekr sales numbers getting a boost in the coming months now that the Zeekr X Job #1 has rolled off the line. Tu anticipates that the Zeekr X could do some damage in Europe as well. 

Topic of discussion moves to Ford in China. Tu heard that layoffs started happening but this starts a discussion about what Ford products will still be sold in China including the Bronco and Ranger. 

Lei & Tu touch on the Volvo X30 being recently unveiled and share their thoughts on it. 

Tu closes the show with a few of the articles he highlighted in his newsletter this week.