Yu Chengdong: BYD is the king of pricing, Huawei does not compete with price to gauge value
Recently, at the Future Automobile Forerunners Conference, Yu Chengdong talked about the intensifying "price war" in the new energy vehicle industry. He emphasized that Huawei believes that it should "volume value" rather than just "volume price."
Yu Chengdong said, "Now among smart electric connected cars, the number one in the world should be BYD, because BYD has ultra-low costs." "
Looking at Huawei, Yu Chengdong said, "Because we are not good at selling ultra-low prices, we are still good at selling value, smartness, luxury, comfort, and security."
Hawk_Finance 06-04
BYD/Huawei