Hu Xiaoqing: Looking up, the unit price of cars is the highest among domestic cars. To be high-end, we must have technology that others cannot catch up with.

On March 18, 2026, during the annual meeting of the Yabuli China Entrepreneur Forum, at the "Manufacturing Forum" session on capacity optimization and value upgrading: demand-oriented, Yango Automobile General Manager Hu Xiaoqing shared her views. She said that the product unit price of Yango Automobile is very high, the highest among domestic cars. Each car of Yango has strong characteristics, and the investment in it is also huge. Every year, BYD's investment in research and development ranges from 30 billion, 40 billion, 50 billion to even more than 50 billion. The group has a team of tens of thousands of engineers, which is a particularly huge asset. "In the competition, in order to maintain the competitiveness of your products and make customers choose you, you must have something that others may not have, and something that others cannot catch up with." She gave examples, saying that Yango's customers like to go for a spin, and other brands also spin. But in fact, it is not for spinning, but to demonstrate the independent control ability of the four motors. And Yango has something that others are still trying to learn, which is floating on water. Many people may think that it is not necessary in many scenarios, but it is very useful in situations such as urban flooding and falling into water. To be high-end, you still need to set higher thresholds and provide useful guarantees for customers.