On September 19, during the 22nd China Automotive Industry Development (Teda) International Forum, Liu Zongcheng, the President of Seres Group Technology Company, emphasized that the Chinese automotive sector should pivot from prioritizing scale to focusing on quality. He cautioned against the temptation to expedite growth by cutting corners on verification processes or compromising safety standards, firmly rejecting the notion of 'inflated' expansion. Liu also proposed the implementation of self-regulatory measures to curb malicious price-cutting practices and combat data fraud. Furthermore, he announced Seres's proactive steps towards global market expansion.
