At the opening ceremony of the 2024 Yunqi Conference held today, Xiaopeng He, Chairman and CEO of Xiaopeng Motors, had a dialogue with Wu Xinzhou, former Vice President of Xiaopeng Motors, Vice President of Nvidia Global, and Head of the Automotive Division. When discussing the impact of Tesla's FSD entry into China on the industry, Xiaopeng He said, "I think we need different and high-quality technologies to compete in the market and allow us to see changes in the market. I believe there will be fewer players left in the market in the future." Xiaopeng He believes that the next milestone in the new energy vehicle market is who can produce and sell 1 million new energy vehicles every year. This is just the qualification round of elimination, which means that if you don't have it, you will be eliminated.