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In a recent social media post, Pan Jiutang, a partner at Xiaomi’s industrial investment arm, offered a perspective on the competitive landscape of China’s burgeoning electric vehicle (EV) market. His comments, directed at the industry’s ongoing rivalries, emphasized the contributions of various players including SAIC, Geely, Great Wall Motors, Changan, Chery, BYD, Li Auto, Huawei, and Xiaomi itself. He acknowledged the diverse approaches these companies employ, influenced by their respective starting points and the evolving dynamics of the market.
Pan urged against internal assessments of competitors, underscoring the importance of market forces and consumer preference in determining success. “Each company operates with a different model and path. There’s no need to self-evaluate others from one’s own viewpoint. Trust market economics and the choices of consumers,” he wrote. The statement reflects a broader sentiment within the industry, navigating both technological and consumer-driven growth.
The discussion follows remarks made by Yu Chengdong, a prominent figure in the technology space, during the “2025 Future Automotive Pioneer Conference” on May 31st. His comments, perceived by some as a critique of other companies, sparked a series of responses from Xiaomi executives, creating a stir in the industry.
This interplay highlights the intense competition within the Chinese EV market, where established players and newcomers alike are jockeying for position. The diverging strategies and public pronouncements indicate an industry in flux, with each company seeking to carve its own unique space.
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Original article, Author: Tobias. If you wish to reprint this article, please indicate the source:https://aicnbc.com/1555.html
