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He Xiaopeng: A Three-Year Shakeout in China's New Energy Vehicle Industry Has Commenced
2025-03-14 /
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Author：小编
On March 13, He Xiaopeng, Chairman and CEO of XPeng Motors, disclosed at a media briefing that China's new energy vehicle industry has embarked on a critical three-year period of consolidation, during which the number of brands is anticipated to dwindle further. Additionally, he noted that prices of conventional fuel vehicles are likely to drop further, while investments in artificial intelligence (AI) by new energy vehicle companies are set to surge significantly.
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