He Xiaopeng: Scale is no longer the most core variable in the automotive industry.

"From last year until about 4-5 years later, it will be the most crucial 4-5 years of transformation for the Chinese automotive industry. Scale is important, but it is not absolute. Many scales actually have little value." On April 2, He Xiaopeng, Chairman and CEO of Xiaopeng Group, pointed out in an interview with the media that scale is no longer the core variable of the automotive industry today. "Having a certain scale is just the first threshold, far from being the threshold for victory," he emphasized.