Zhao Fei, Changan Automobile in China: Selling cars alone is no longer profitable.
On April 11-12, the Smart Electric Vehicle Development Forum was held at the Beijing National Convention Center Phase II, with the theme of "Promoting the Smart, Green, Integrated, and International Development of New Energy Vehicles." Zhao Fei, General Manager of Changan Automobile in China, pointed out that the automotive industry has shifted from single-product competition to competition based on ecological value, driving high-quality development of the industry. He emphasized that traditional thinking of whole vehicle manufacturing must be abandoned. "Simply put, if we rely solely on products, it's just selling cars and companies will no longer be profitable."
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