China’s Ambition on Electric Cars and The Brutal Competition, with Tu Le

With 1.3 billion people, mobility is a massive challenge in china, not just about the intension between traditional petrol cars and new energy vehicles, but also delivery services and mid-volume logistics. What makes China as an early adopter in technology-focused mobility sectors, especially in Electric Vehicles (EVs)? What impacts the adoption of new energy vehicles (NEVs)?  Our guest for today, Tu Le is the founder and Managing Director of Sino Auto Insights, a Beijing-based business intelligence and advisory firm that specializes in helping mobility companies develop tech-focused and innovative products and services. With over 20 years of experience in the industry from pure automotive to pure tech and finally combine both experiences together in China, he has very interesting insider perspectives to share with us. During our discussions with Tu Le, we will take a look at how the government has focused on developing NEVs in the past 10 years, analyze the brutal competition between traditional automotive players and new technologies-powered EV brands. We also want to remind everyone that there’s another party who is joining this battle - big tech giants like Apple and Xiaomi. In the end, we shed the spotlight on startups by discussing the new opportunities.Episode notes:02:03 Introduce Tu Le03:04 Define Mobility03:45 How mobility impacts other industries05:20 How China becomes one of the largest markets for mobility08:40 More adoption of electric motorcycles in China12:54 The brutal battle between the traditional automakers and new technologies-powered EV brands17:53 Xiaomi and Apple to join the competition20:25 Will few leading players occupy the whole EV market in the end?22:40 Tesla gets massive support from the Chinese government24:55 Supply Chain for production29:00 Startups that traditional automotive players like to work with34:55 Opportunities to achieve profitability37:30 Contact Tu LeMany thanks to our guest Tu Le; host Oscar Ramos; producer Eva Shi; editor David; organizer Chinaccelerator; and sponsor People Squared. Be sure to check out our website www.chinaccelerator.comShare, subscribe, review, enjoy!Follow us on Linkedin: www.linkedin.com/company/the-china-startup-pulse/Email us: [email protected]