Feng Xingya from Guangzhou Automotive Group: The penetration rate of new energy vehicles in county-level markets is less than 20%.

"We found through our research that the penetration rate of new energy vehicles in many county-level markets is less than 20%, and the market space is accelerating. At the same time, internationalization has become a battleground that must be fought for, and car companies must win both the domestic and foreign battles." On April 11th, Feng Xingya, Party Secretary and Chairman of Guangzhou Automobile Group, stated this at the High-level Forum on the Development of Intelligent Electric Vehicles.