Tu and Lei start out this podcast with a broad discussion about how virtually all the foreign legacy automakers are doing so poorly in China with Tu detailing Porsche's recent, severe challenges. 

Tu and Lei then move onto Xiaomi's production license despite the overcapacity in China. Tu briefly explains how this could happen. Tu and Lei take a few minutes to discuss how business has evolved in China the last several years and how China's maturity as an economy makes it tougher than before to get out of economic slumps. 

Tu switches gears to talk about BYD's manufacturing footprint including the newest announcement about building in Turkey. Tu talks about the strategic importance of location of Turkey relative to the European, Middle Eastern and African markets. 

The podcast ends with Tu and Lei talking about the latest goings on in the autonomous vehicle sector. Lei details his latest experience riding some robotaxis while in China and they both discuss the importance of having a clean record because of their desires to IPO in the near future.