Episode #131 - Unpacking XPeng's Moves, BYD Adds to its Manufacturing footprint, NIO Sales Revamp

Tu and Lei begin with a discussion about all the recent moves made by XPeng and whether it moves the needle for them or not. They turn their attention to August sales, specifically the top of the leaderboard which sits Li Auto, XPeng and NIO, the three US publicly traded Chinese EV companies who also happen to get the most attention by western media. The conversation moves over to the significance and reasoning behind BYD's acquisition of Jabil's Singaporean operations which includes two factories in China. Lei then looks back at his visits to Li Auto and NIO retail locations to compare and contrast the atmospheres and highlights the 'no pressure' environment of the NIO Houses, which could be a reason they are revamping their sales teams and tactics. The pod ends with a discussion about the appropriate number of NIO swapping stations in the EU and how to determine that appropriate number. Support the show