Guo Rui, Chairman of Luxeed Motors: The automotive industry is currently in the red ocean phase that the mobile phone industry experienced in 2004-2005, and industrial transformation has just begun.
Guo Rui, Chairman of Luxeed, stated in an exclusive interview with Wallstreetcn that the current automotive industry is fiercely competitive, akin to the mobile phone "red ocean" market in 2004-2005, but the real industrial transformation has just begun. He believes that external focus on car appearance is a "diversion," and attention should instead be directed towards backend capabilities such as chassis, algorithms, production lines, and the application of AI in manufacturing and testing. Guo Rui emphasized that intelligent driving does not conflict with driving pleasure. While Luxeed RX is evolving towards an L3 architecture, it also focuses on providing driving pleasure, and its product value far exceeds its current pricing.
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