Huawei Yu Chengdong: There will be no more than 5 main players in the Chinese auto market

In an interview with Wu Pei, Huawei Yu Chengdong expressed some judgments and predictions about today’s auto market.

During the interview, he believes that it is better to buy a fuel vehicle now than to buy an extended-range vehicle. In the future, there will be no more than 5 main players in the Chinese auto market. In his view, AITO’s orders and consumers’ preferences are capable of selling 20,000 units a month.

Yu Chengdong, CEO of Huawei Smart Car Solutions BU, said that in the future, the competition of auto brands will be as big as the aircraft manufacturing industry. He believes that in the end, the main players will have no more than one hand.

Yu Chengdong said that AITO should have delivered more than 16,000 units in September, but only delivered more than 10,000 units, because the parts factory in Guizhou was closed due to the epidemic, resulting in insufficient supply. At the same time, Yu Chengdong also said that AITO currently has the ability to sell 20,000 vehicles per month.

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