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On May 29, the 4th Future Automotive Pioneers Conference convened at the venue of the China (Shenzhen) International Auto Show, nestled within the vibrant Guangdong-Hong Kong-Macao Greater Bay Area. A sextet of automotive luminaries, including Li Bin of NIO, Xu Jun from Leapmotor, Wang Hui representing Avatr, Zhang Zhengping of Seres, Xiang Xingchu from JAC Group, and Manfred Braun of Mercedes-Benz, converged to jointly voice their concerns over the industry's prevalent price wars and the troubling trend of 'over-competition' in vehicle specifications. They underscored the limitations of the current extensive growth model and advocated for a paradigm shift towards value-driven competition and high-caliber development within the automotive sector.
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