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according to kuai technology news on september 29, yu chengdong said many times that huawei was unable to launch cars under 200,000 yuan, and he himself responded to this topic again.

"although hongmeng zhixing has invested heavily in research and development of intelligent driving technology, the high cost makes it difficult for some models, especially those priced below 300,000 yuan, to achieve profitability," yu chengdong said.

i believe that with the continuous advancement of technology and the gradual maturity of the market, hongmeng zhixing has the ability to achieve profitability. it is difficult for companies that continue to sell products at a loss to achieve a closed business loop. brands must first solve the problem of survival before they can be meaningful.

yu chengdong reiterated that, therefore, hongmeng zhixing will still focus on the high-end market and enhance the competitiveness and added value of its products through technological innovation and product upgrades.

when asked what hongmeng zhixing's goal is in five years, yu chengdong said that it can at least become no. 1 in china's high-end car market and become the king of high-end cars with a price of more than 300,000 yuan.

"now we have achieved the rank of more than 500,000, and we can also achieve the rank of more than 1 million." yu chengdong said.