He Xiaopeng: In the auto industry, the elimination round will probably last for about five more years, and in the end, there will be about five Chinese car companies left.

In the second episode of Luo Yonghao's podcast "Luo Yonghao's Crossroads," He Xiaopeng, Chairman and CEO of Xpeng Motors, stated that China's automotive industry elimination competition probably still has about five years to go. He believes that in the end, there will probably be around five Chinese companies left, and overseas car companies will still exist in the Chinese market. "I think no one has said they have already gotten their ticket for the boat, every company has not gotten their ticket, and this is both a challenge and an opportunity."