EV startups
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“Geely Chairman’s ‘New Energy Carmakers Can’t Exist Without Us’ Claim Ignites Debate as Experts Support Li Shufu, Highlighting WM Motor and Xiaomi’s Market Presence”
Geely Chairman Li Shufu asserts China’s EV startups heavily rely on talent poached from Geely, calling the company “the cradle of China’s automotive talent.” During a CNBC interview, Li highlighted Geely’s global tech acquisitions and partnerships as key to building its talent ecosystem. Industry analysts note ex-Geely executives now hold leadership roles at Xpeng, WM Motors, Xiaomi Auto, and Baoneng, underscoring intensifying competition for automotive intellectual capital. While Geely expands globally through brands like Lotus and Polestar, questions arise about whether its talent-cultivation strategy ensures lasting innovation or risks draining expertise amid EV sector volatility. Q2 employment data may provide critical insights.
