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according to fast technology on august 29, lantu ceo lu fang said in a recent interview with the media that he hopes car companies will not cut corners.

in lu fang's opinion, automobiles are now a stock market, so competition is a life-and-death struggle. however, no matter how cruelly you compete, we must have moral and legal bottom lines and must abide by them.

"if you don't comply, you should be kicked out. the most reasonable way is to drive your competitiveness to improve. don't cut corners. don't cut corners and try to lower prices. we must bring more value to users through basic capabilities," said lu fang.

prior to this, li shufu, chairman of geely holding group, also expressed his hope for healthy competition in the automotive industry, as blindly engaging in price wars would bring bad results.

"the healthy development of any industry must be reflected in the realization of good economic benefits in terms of input-output ratio. endless internal competition and simple and crude price wars will result in cutting corners, counterfeiting and selling fake products, and non-compliant and disorderly competition," said li shufu.

yu chengdong talked about price wars in a previous live broadcast. he said that some chinese companies like to compete on low prices, which actually sacrifices quality and experience. huawei pursues value and wants to compete on value, not price, and wants to increase the added value of products.

in yu chengdong's opinion, in the long run, it will be difficult for car companies to survive by relying on price wars. he has never seen a car company go far by relying on low-price competition. only unskilled people engage in price wars because they have no choice but to do so due to their own lack of competitiveness. real market competition still requires improving one's own competitiveness.