Chery's Wang Ling: The automobile industry enters a new era of new joint ventures and cooperation.

Wang Lang, Vice General Manager of Chery Automobile Co., Ltd., stated today at the Intelligent Electric Vehicle Development Forum that the automotive industry is now entering a new era of new joint ventures and positive competition. Wang believes that the industry still needs to further build competitive advantages for the future. While exporting mature and reliable technology overseas, it is also necessary to actively develop next-generation forward-looking technologies. This is the fundamental logic for Chinese automobiles to maintain core competitive advantages in the global competition. As for the future trend of Chinese automotive going global, Wang Lang said that more and more Chinese automakers will accelerate the layout of full-process factories overseas, achieve true regionalized manufacturing and localized delivery; the eco-friendly output going global will no longer be a single vehicle export, but a collaborative global output of the entire ecosystem chain including electric cores, chips, intelligent network solutions, user operation charging, network finance, etc.; technology leadership will replace price advantages, seeking true brand premium in the global market; Chinese automakers will face stricter compliance challenges and policy barriers in the long term, compliance capability has become the underlying logic determining whether a car company can survive in the global market; facing macro risks such as exchange rate fluctuations and geopolitical conflicts, the power of a single enterprise is insignificant, Chinese automakers need to rely on national-level risk warning platforms, export credit insurance systems, etc. to carry out strategic hedging, achieve warmth in unity, and have the state team escort.