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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.
Reference

The company's seal and all permissions, including approval of payments, were taken back by the group.