Horch Xinyu Luo

[Horch Xinyu Luo @volkswind]

A smart move by Hefei set a risky trend for the whole China - if you win, you survive, if you lose, you will bring your municipal partner down with you - learn about Saleen and Rugao, Neta and Yichun/Tongxiang, Hiphi and Yancheng/Qingdao.

[Fengming Lu @FengmingLuPE]

To maximize their returns, local states didn't just build roads and factories, they learned to act like venture capitalists.

For instance, Changzhou’s Wujin District explicitly participated in Li Auto’s Series A funding round, directly chasing equity gains like a Silicon Valley VC.

But this localized VC model triggered a dangerous arms race. In 2020, the city of Hefei executed a legendary $1 billion (7 billion yuan) rescue effort of a nearly bankrupt NIO.

Hefei’s massive payout yielded quite spectacular returns, but it panicked competing cities. Fearing they would miss out on the next big tech cluster, dozens of regional governments launched their own billion-yuan equity bets on private EV startups.

This localized, frantic competition, not solely top-down central mandates, is the real origin of the rampant overcapacity and market fragmentation seen in the Chinese EV sector today. (13/15)

[Michael Bublé @MichaelBuble]

A day in the life. And oh, what a life it is! Thankful, blessed, and beyond excited to see all of you at the shows. Thank-you Aylesbury, you really know how to make a guy feel the love. #MBHigherTour

[Horch Xinyu Luo @volkswind]

@SLaunchbury @realmarkkelly @MichaelBuble @AXS_UK @senbla @WaddesdonManor @BBCNews @SkyNews @bucks_herald It was indeed a nightmare.

[Horch Xinyu Luo @volkswind]

@thealso @AntonyWrites thanks!

[Horch Xinyu Luo @volkswind]

@Oxonlibraries @FolkWeekend Hi Oxfordshire Libraries, not sure why the library website could not be accessed now in order to renew my loans. Could you please have a look at it? Thanks!

[Horch Xinyu Luo @volkswind]

@thealso @AntonyWrites Could you please share the location for this spot? Brilliant place to take pictures!

[Horch Xinyu Luo @volkswind]

@thealso I used to have one the the US. Surprised to see yours has mouldings on the front doors. Mine used to be a sheriff personal ride.

[Horch Xinyu Luo @volkswind]

@AntonyWrites @jtwestbro the standpoint of Lotus confused you, try the standpoint of Geely group. Sure, supporting what Lotus’ been doing is feasible, but Geely wants more, it wants to establish a brand that sits on top of Geely Group’s fleet. How to do that? Outporsche Porsche, outferrari Ferrari.

[Horch Xinyu Luo @volkswind]

@prfrankowski @thealexbear @AntonyWrites If free market means the freedom to finance a political group, then no, China doesn’t have that mechanism. As you mentioned, the communist party is there piloting the ship.

[Horch Xinyu Luo @volkswind]

@prfrankowski @thealexbear @AntonyWrites If free market economy means competition, China has a lot of it. There have been state-owned companies who live off government’s financial support like GAC and BAIC, sure. But Geely is privately owned, it can fail if it doesn’t compete.

[Horch Xinyu Luo @volkswind]

@lovecarindustry such genius to discover the similarity between two cars from such different segments and price range, lol.

[Horch Xinyu Luo @volkswind]

@HMRCcustomers Hi, my income tax has been overestimated last month. Today my tax code has been changed back to normal, i am wondering if I can get a refund or not.

[Horch Xinyu Luo @volkswind]

10 years later, let's take a look at the IAA 2021 in Munich and reflect on how Daimler has changed over this disruptive decade.

[Michael Schumacher @schumacher]

@Daimler celebrates the 125th anniversary of the automobile at @MercedesBenz World in Stuttgart on 29/1/2011. Michael celebrates with German Chancellor Angela Merkel, Daimler CEO Dieter Zetsche, David Coulthard, Nico Rosberg and his wife Vivian. #TeamMichael #KeepFighting

[Fernando Alonso @alo_oficial]

Día histórico para @AlpineF1Team siendo el primer Formula 1 en rodar en Le Mans. Agradecido de estar al volante y viva Le Mans!! @24hoursoflemans 💙

[Horch Xinyu Luo @volkswind]

@Biano44 @PookyD81 This doesn't make sense. Not all who can't finish are deliberately destroying their cars. You can't blame him and say "regardless of who did what" at the same time.

[Horch Xinyu Luo @volkswind]

@Phil_Gardner @geely_ash Thanks!

[Horch Xinyu Luo @volkswind]

@Phil_Gardner @geely_ash May I ask if those infected have done their 1st/2nd dose of vaccine or not?

[Horch Xinyu Luo @volkswind]

@TeslaAgnostic Is there any update a year later?

[Horch Xinyu Luo @volkswind]

Or how a vintage brand like Bugatti can shrink to a weightless name. Don't get me wrong, Bugatti is legendary. But heritage alone is not enough to help a brand survive in this modern auto industry. Innovation is the name of the game.

[Horch Xinyu Luo @volkswind]

@jasonsdriveway @hondaprojason Not sure its 137 miles of range is any good for the commuters in the States.