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Xpeng's CEO says the auto industry will enter an 'elimination round' from 2025 to 2027
XPEVXPENG(XPEV) Business Insider·2025-01-10 14:47

Xpeng CEO He Xiaopeng said that competition within the auto sector will be even more heated in 2025.He said in an internal letter that the industry will face an "elimination round" from 2025 to 2027.The Xpeng founder-CEO said in November that most Chinese carmakers wouldn't survive the next decade.Competition within the auto industry will become even more cutthroat in the years ahead, Xpeng CEO He Xiaopeng said in a letter to his company's staff last month.AD "The period from 2025 to 2027 marks the elimina ...