I’m in Shinkansen right now and will attend IVS KYOTO!
Looking forward to seeing my friends in LinkedIn and I’m in MUFG booth from 4pm to 7pm today.
Please pay a visit MUFG booth🤣
Co-Host China EVs & More Podcast | Founder AutoXing车邢 | former Chief Editor China Auto Review | China EV/AV/Mobility enthusiast, analyst, consultant | Influencer | Freelancer
Both the JIYUE 01 (formerly known as the JIDU ROBO-01) from the 65:35 GEELYBaidu, Inc. joint venture and the 2024 XPENG G9 were launched or began pre-sale today.
The common theme?
They are hitting the market at prices much much, and I mean much, lower than expected. G9 for example launched a year ago at starting price of RMB309,900, nearly RMB50,000 more expensive. The JIYUE 01 on the other hand was expected at around the RMB300,000 price point.
Not the first time, not the last time.
This is typical of the cutthroat market competition that has played out since the beginning of the year in China in the form of a nasty price war. They are in effect a price cut on launch, and just two of many examples that have played out and will continue to play out well into 2024.
In Chinese it’s called 卷 or involution.
I’m just going to call it the “black hole” of NEV competition in China. You really don’t want to be a part of it but you get sucked into it and you become distorted literally and figuratively. And all plans are thrown out of the way at least on the pricing strategy side of it.
It’s tough to compete and survive in China even if you got all the bells and whistles!
#competition#survival#卷
Are you inhibiting Creative Freedom?
From the vacuum cleaner to the microwave oven, the time period between 1920 to 1960 saw some groundbreaking inventions.
Are we less creative today? Have we moved forward or backwards as a people?
Are people given creative freedom at work or told to go with laid down processes?
Please share your thoughts in the comments!
#boxingday#inventions#creativity#creative#aoa
Poor #roadquality and the complete lack of reliable data on where to spend road maintenance money is a global problem. This is why the #XenoTrack road LiDAR is being used from Australia over China to Europe and US (see below). To increase ride comfort XenomatiX - TRUE SOLID STATE LIDAR works with road owners on improving roads, as well as with car manufacturers on the introduction of #ActiveSuspension
The world has practically used Agile without even being aware.
One can argue companies want the best out of their products but then to do that , we iterate .
Iteration is the improvement of our product whereby we’re building on what we have already to better the experience with a new feature that can help the user /client or customer get the best out of a product.. We evolve daily as we conduct research to make life a better place to stay. By doing so we also Pratice Agile whereby a new product is release and in another cadence ( yearly, quarterly, monthly or whichever) that same product is released and has a better and new feature that increases the user experience of the user .That way, the company makes profit and the user gets a better experience which is a win win for that both parties involved if you ask me .
Using cars , interior decorations, mobile phones and the likes , you name it .
Agile is needed and as being pratcied before it was even crafted out.
Happy Holidays to Us All . If you’d like to share your holiday experience in the comment section, by all means don’t let me stop you .
Board Advisor | Group Company Secretary | Notary Public | Legal 500 General Counsel | Non-Executive Director | Legal Advisor | 4x LinkedIn Top Voice | Governance Advisor | Chief Compliance Officer | Mentor | Mind Coach
Are you inhibiting Creative Freedom?
From the vacuum cleaner to the microwave oven, the time period between 1920 to 1960 saw some groundbreaking inventions.
Are we less creative today? Have we moved forward or backwards as a people?
Are people given creative freedom at work or told to go with laid down processes?
Please share your thoughts in the comments!
#boxingday#inventions#creativity#creative#aoa
NTT - incubate hope, create sustainable future
1w先ほどはありがとうございました!