Tesla China General Manager Wang Hao

Q1, What are your expectations for the auto show?

A1: We are looking forward to extensive exchanges at the show to jointly promote the development of the new energy vehicle industry and accelerate the world’s transition to sustainable energy.

Q2, With the pandemic slowing down, China’s automotive market has started to recover in the second quarter. What do you predict for China's auto market in the near future? The current recovery trend shows a “V” shape in sales, what do you think would be in the next stage? A “√” shape, a “W” shape, an “M” shape, or a “√¯” shape?

A2: Despite some uncertain factors, we are optimistic about and confident in future development of China’s automotive market and the new energy vehicle market.In the long run, China’s automotive market will continue to steadily grow. For now, there is still a gap in passenger car ownership per thousand people between China and mature markets. The automotive market as a whole is in the middle and later stages of popularization, but it is far from its peak. With the support of the government and changes in consumer awareness of new energy vehicles, we are very optimistic about future development in China’s new energy market. Electric vehicles are the trend of the age. The full life cycle cost performance and zero emission of electric vehicles and the great potential of “intelligent mobile platforms” will boost the sustained growth of Chinese and even global electric vehicle market for a long time. In addition, there is huge potential in the Chinese market. The open and stable investment environments provide us with strong reassurance.

Q3, Can you use a few keywords to describe your predictions for the Chinese and global automotive industries in the next five years?

A3: Innovation, integration

Q4, The virus has drastically affected people's lives. It has also caused people to rethink many aspects of life, including their way of traveling, and business management. From your perspective, what are the most important lessons we can take away from this pandemic? Can you also use a few keywords to summarize the impact?

A4: This year’s coronavirus pandemic has helped society rediscover the importance of ATL and BTL combined development. It has also changed the cognition and habits of many consumers. If I were to sum up the impact of this year’s pandemic with two phrases, one would be “spring is coming”, and the other “wake up to the direction”. The pandemic has made the entire automotive industry understand the general direction of future development. In the next few years, a brand-new automotive era will be established: an era of new energy vehicles. This is a new track, a new direction, driven by user experience. It includes cars with software and includes sustainable energy as its core. There are endless possibilities in this direction.

Q5, What do you think about the social responsibilities that the automotive companies have taken during the epidemic?

A5: As an enterprise, we should not only contribute economic value, but also realize social value by practicing corporate social responsibility. We have seen many domestic and foreign car companies contribute to pandemic prevention and control and make contributions from all aspects to the best of their abilities, becoming a force to be reckoned with in China’s response to unexpected events.

Q6, In the post-epidemic era, how will China's position and role be affected in the global automotive industry? What do you think the players should do next?

A6: Tesla has seen China’s resolution to adhere to economic globalization and strengthen international economic and trade cooperation, which further enhances our confidence in the country’s market. China continues to expand its opening up and optimize its business environment to provide a broad platform for foreign-funded enterprises to take root in China, which has greatly enhanced their investment confidence. In the post-pandemic era, we believe China’s automotive industry will bring new opportunities and new development to the electric vehicle industry across the world.