China Automotive Insider Is It Still Worth Building Cars?
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China's automakers are currently having a tough time, with many fighting for their survival. What can help? Expanding business areas or the collaboration between OEMs, suppliers, and partners?
"Automaker is not a good business model." This statement was not made by just anyone, but by He Xiaopeng, the founder and CEO of Chinese electric car manufacturer Xpeng. He made this resigned-sounding remark while presenting the updated Xpeng car model "Mona M03," according to the Chinese industry magazine Qiche Shangye Pinglun.
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