Lei and Tu go over August sales numbers for China's current Big 5 of NIO, Li Auto, XPeng, Neta, and Leap Motor.
Tu & Lei then move over to Li Auto's Q2 earnings and how the EV makers are starting to broaden their product portfolios with some moving up-market and some down covering the 150K-500K RMB band or what's the 'meat' of China's passenger vehicle segment.
They spend some time to go over what was or wasn't unveiled at the Chengdu Motor show with Lei giving a bit of a history lesson on how important Chengdu the city and the Motor show has been historically to China.
Finally, Tu & Lei discuss the seemingly constant stream of new brands being established in the EV space and how they think it may affect the sector.