Tu & Lei start the show off with a recap of XPeng Q2'21 earnings and the effect of NIO's accident on He Xiaopeng's discussion about their ADAS solution during the call. They also go into how the launch of the XPeng P5 should affect XPeng's strategy and sales volume.

Tu & Lei briefly discuss the launch of Volkswagen's subscription services and then move on to a deep dive into China's state-owned enterprise (SOE)  premium 6 brands. Lei gives a quick history lesson on the 6 SOEs and how they've evolved till now.