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China EVs & More

Episode #180 - Mona & ONVO, Suppliers Too Will Not Be Spared, Tu and Lei's Trip Summaries

07 Oct 2024

Description

Tu and Lei begin this episode with an update on the sales of the newly launched vehicles from Mona and ONVO. They both promise to make a bad situation for Legacy Auto in China even worse. Tu shifts gears and discusses how carmakers can still differentiate themselves even if they're using the same technology or more specifically, the same silicon to power the infotainment and intelligent driving systems. Tu then also discusses what could happen to the foreign suppliers if they're not able to speed up their level of innovation to keep pace with their Chinese counterparts. Lei then details his trip to Germany and his visits to Chinese EV brand dealerships. Tu speculates that with everything going on in the European market, the Chinese brands in order to maintain their competitiveness should begin to start reducing prices on their products there. The episode ends with Tu describing his trip to Vancouver to be a part of the Electrify Everything Conference sponsored by the Fully Charged team. 

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