Chairman Zhang Xinghai of Siles Group: "Internal competition" is endangering supply chain stability and is detrimental to the sustainable development of the electric vehicle industry.

At the "2025 China Automobile Chongqing Forum" held in Chongqing, Zhang Xinghai, Chairman of Sailes Group, stated that China's intelligent electric vehicle industry has achieved remarkable results, but at the same time, industry competition is intensifying. "Internal competition" threatens the stability of the supply chain, reduces the safety standards of component companies, and also weakens the profitability and innovation services of vehicle companies, weakening product quality and safety guarantees. "Internal competition" also weakens the synergy of the industry chain and the endogenous power of industrial development, which is not conducive to the sustainable development of the industry.