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.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
Asian markets broadly fell: The Hang Seng Index dropped 3.03% to a four-month low, and the Hang Seng Tech Index fell 5%; Brent crude rose 3.2% to $112.27, due to AI concerns and heightened tensions in the Strait of Hormuz.
-
2
Goldman Sachs: Silver Net Longs Fall to Two-Year Low Amid Dual Blows from Dollar Pullback and Weak AI/Solar Sectors
-
3
Middle East Tensions Escalate: Houthis Claim Multiple Attacks on Saudi Arabia, Brent Oil Surpasses $112, Iran Claims to Have Struck Oil Tanker in Strait of Hormuz
-
4
JPMorgan Chase Report: Funding Pressure on New Cloud Vendors Won't Impact AI Infrastructure Cycle; Tech Sector Expected to Have $400 Billion Funding Surplus This Year
-
5
Crypto traders value Indian telecom company Reliance Jio's IPO at approximately $110 billion.
-
6
SoftBank's stock price has halved from its June high, as the market worries about AI financing risks.
-
7
Barclays plans to cut 5,000 jobs, or about 5% of its total workforce, to boost efficiency and reduce costs through AI, primarily focusing on support functions.
-
8
Ramp Report: 1% of Businesses Account for 80% of OpenAI and Anthropic Spending, AI Dollar Spend Growth Stalls, Paid Penetration Slows
-
9
AI Companies and French Sovereign Debt Face Stress Test: CoreWeave CDS Spreads Exceed 1,000 Basis Points, France's 10-Year Government Bond Yield Breaks 5% for the First Time Since 2002, Moody's to Review France's Rating
-
10
The 10-year U.S. Treasury yield fell by approximately 11 basis points from its previous close, now at 5.04%.
Markets Today
Recommended Reading


