Executives at Autonomous Driving Company Concealed Information, Taken Over Before Shutdown; Logistics Company Invests 150 Million in L4; Supply Chain Head Fired for Insufficient Inventory at Emerging Company
Analysis
This article from Leifeng.com details several internal struggles and strategic shifts within the Chinese autonomous driving and logistics industries. It highlights the risks associated with internal power struggles, the importance of supply chain management, and the challenges of pursuing advanced autonomous driving technologies. The article suggests a trend of companies facing difficulties due to mismanagement, poor strategic decisions, and the high costs associated with L4 autonomous driving development. The failures underscore the competitive and rapidly evolving nature of the autonomous driving market in China.
Key Takeaways
- •Internal conflicts and mismanagement can lead to the downfall of promising autonomous driving companies.
- •Effective supply chain management is crucial for new energy vehicle companies, especially in the face of fluctuating component prices.
- •Pursuing L4 autonomous driving requires significant investment and expertise, and companies must carefully consider their strategic approach.
Reference
“The company's seal and all permissions, including approval of payments, were taken back by the group.”