Auto Execs Discuss EU-China Competition in EV Market

The video discusses the strategic entry into the European market, emphasizing the importance of competition and sports influence in driving business success. It outlines the company's expansion plans across several European countries, including Germany, Norway, Denmark, France, Netherlands, and Sweden. The video also addresses challenges such as high electricity costs and salaries, highlighting the need for fair competition and continuous product improvement to benefit customers.

What is the company's primary goal in entering the European market?

• To increase prices

• To eliminate competition

• To communicate with customers

• To dominate the market

How does the company view competition?

• As a reason to exit the market

• As an unnecessary challenge

• As a way to drive improvement

• As a threat to their business

Which countries are included in the company's pre-order announcement?

• Germany, Norway, Denmark, and France

• Spain, Italy, Portugal, and Greece

• Germany, Netherlands, Sweden, and Denmark

• Poland, Austria, Switzerland, and Belgium

What challenges does the company face in Germany?

• Lack of skilled labor

• High electricity and salary costs

• Low customer interest

• Strict environmental regulations

What is the company's approach to overcoming challenges in the European market?

• Reducing product quality

• Embracing challenges to improve products

• Focusing only on low-cost markets

• Avoiding high-cost countries