China’s automotive industry is grappling with a growing overcapacity problem as the nation accelerates its transition to electric vehicles. Despite building out more than 20 million units of annual production capacity for new energy vehicles (NEVs), the phaseout of traditional ICE vehicles has barely kept pace. Estimates suggest that only 2 to 3 million units…
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Can Porsche Bounce Back In China?
Porsche’s China Sales Plunge 42% as Local EV Rivals Surge. Porsche’s vehicle deliveries in China fell sharply in the first quarter of 2025, down 42% year-over-year. The German automaker sold just 9,471 vehicles between January and March, compared to 16,340 units during the same period last year. The company attributed the decline to “the continuing…
Why Are Chinese Automakers So Obsessed with Speed Bumps?
Lately, we’ve seen a wave of Chinese automakers – BYD and Nio showcasing their luxury cars effortlessly gliding over speed bumps. These viral videos make their way across social media, impressing audiences with next-level ride comfort. But here’s the real question: Is this technology truly new? Not exactly. Bose developed an active suspension system decades…
“You have to be mentally prepared to die – but you keep moving forward anyway.”
This doesn’t mean you have to risk your life – It means being ready to face challenges, setbacks, and failure while still pushing forward. Think about the people who changed the world: – Elon Musk took huge risks to grow Tesla and SpaceX, even when people thought he would fail. – Jun Lei started Xiaomi…
When Jun Lei Met Elon Musk: A Lesson in Vision and Persistence
In 2013, Jun Lei, the founder of Xiaomi, traveled to Silicon Valley and met Elon Musk – Twice Their conversations spanned electric vehicles, space exploration, and the future of humanity on Mars. But beyond the topics themselves, this meeting symbolized something greater: 👉The power of vision and persistence in entrepreneurship. At the time, Xiaomi was…
Jun Lei’s Early Life and Education: The Making of a Visionary
On a cold winter day in 1969, in Xiantao, a small city in China’s Hubei province, a boy named Jun Lei was born to a modest family. His father, a schoolteacher, and his mother, a homemaker, instilled in him a deep appreciation for education and hard work. Growing up in a home where resources were…
XPeng CEO Xiaopeng He: AI, Robotics, and the Future of Mobility
On March 8, during the second “Representative Channel” group interview at the Third Session of the 14th National People’s Congress, Xiaopeng He, Chairman and CEO of XPeng Motors, shared his perspective on how technological innovation is reshaping lives. “I have witnessed and participated in China’s technological evolution over the past 30 years, spanning the rise…
General Motors Bets on Share Buybacks, Tesla Focuses on Growth
General Motors Co. and Tesla Inc. have taken divergent approaches when it comes to returning capital to shareholders, highlighting contrasting strategies that could shape their long-term market positions. General Motors: Rewarding Shareholders Detroit-based General Motors has leaned heavily on share repurchases and dividend increases to boost shareholder returns. In February 2025, the automaker announced a…
Geely follows BYD in making AI-powered pilot system available across all brands
On March 3, Geely officially launched its unified intelligent driving solution, G-Pilot (“Qianli Haohan” in Chinese), which comes standard with Highway Navigate on Autopilot (NOA) and Automatic Parking Assist (APA). The system is set to undergo large-scale deployment of Door-to-Door (D2D) Navigation Assist functions starting in March 2025. AI Empowerment: The Debut of G-Pilot In…
What Is Your Blue Screen Moment?
In 1998, Microsoft was proudly showcasing the new Plug and Play feature of Windows 98 at COMDEX, one of the biggest tech events of the time. Bill Gates stood on stage with his assistant, Chris Capossela, ready to demonstrate how smoothly the feature worked. But instead of a seamless experience, the system crashed into the…