Liu Zongcheng, president of Celis Group Technology Co., Ltd., said at the 2026 China Automobile Industry Development International Forum that the biggest risk in the automotive industry is not slow, but “rapid growth.” “If Chinese cars want to move from leading scale to leading quality, they cannot rely on reducing the verification cycle and lowering safety standards to grab speed.” Liu Zongcheng believes that if you can't go far with “quick delivery,” you can't win the future with low prices.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.