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A few days ago, Xi Guohua, general manager of FAW Group, expressed his views on Tesla's entry into China in an interview with reporters, saying that Tesla's entry into the domestic market is a good thing and can promote industry progress. FAW is confident to meet the challenges of Tesla and other new energy automobile enterprises.

The following is the content of the conversation:

Xi Guohua: We all have different products in our automobile industry. For Tesla's driving level, we have a lot of policies to deal with. Don't worry about this.

Reporter: Is it confident?

Xi Guohua: We are confident that FAW also has a lot of products aimed at the needs of users. I think it is a good thing for Tesla to come in and promote the progress of our technology. We are confident to meet the challenges of Tesla and other competitors. Of course, we will also treat partners, foreign partners and old and new forces with an open mind.

From Xi Guohua's words, we can see that Xi Guohua holds a positive attitude towards Tesla's entry into the Chinese market, which of course also benefits from the sales growth of FAW Group's brand models. According to statistics, FAW Group's cumulative sales volume in 2018 was 3.418 million vehicles, up 2.2% year-on-year. Among them, FAW-Volkswagen (including Audi) achieved a growth rate of 4.1% with sales volume of 2.037 million vehicles; Red Flag achieved an increase of 602.4% with sales volume of 33,000 vehicles.

Before this, CEO Li Xiang once regarded Tesla's entry into China as a threat to the current domestic "boasting" electric car brand; Xiaopeng founder He Xiaopeng regarded Tesla's entry into China and price reduction behavior as having no great impact on domestic brands; Han Lu, an old driver, regarded Tesla's entry into China as a welfare for consumers. On the whole, the domestic localization of Tesla is basically polarized.

In general, Tesla localization will play a "catfish effect" in the domestic electric vehicle market, or will change the current situation of domestic electric vehicle brands intoxicated with themselves.

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