The podcast starts with Lei being a bit nostalgic about leaving Beijing after visiting for the last 2 months.
It quickly moves to a discussion about XPeng earnings with Lei summarizing the earnings call and Tu giving his readout on what it all means.
This discussion evolves into a broader discussion about the price war and overalll economy that continues to struggle in China with both Tu and Lei having spoken recently with friends living in China and how they feel everything that’s going on there.
Lei starts his discussion about his trip to NEO Park with a brief history lesson of how it came about and what all the acronyms and codenames mean when talking about the park. Lei also talks about the largest NIO House being open inside NEO Park.
Tu and Lei then move onto a story about how BYD had shared a supply of chips to NIO during the chip crisis to keep them from shutting down their factory. Tu summarizes that in the tech sector things like that happening aren’t that unusual.
Tu and Lei pivot to a brief conversation about the Fang Cheng Bao brand from BYD and who its likely competitors are.
Tu closes out the pod with details about his visit to Our Next Energy for a technology update.