Horizon Robotics--Escaping the deflation in intelligent driving is the only way out# Analysis of investment rhythm and inflection point

English summary

#Horizon Robotics--Escaping the deflation in intelligent driving is the only way out# Investment rhythm and inflection point analysis #Why is there a deflationary spiral--because you are not good enough. The ongoing price war is essentially due to a lack of sufficient differentiation capability, and the intelligent driving field is no exception. #Slightly better capabilities are not enough to generate sufficient willingness to pay among users, which in turn makes the business trick of selling 80% capability at 60% price work repeatedly. FSD V14, as it appears now, has established such a cognitive barrier globally. Even rival companies have openly admitted the gap as evidence. #The core upward logic for intelligent driving companies is the ability to escape the deflationary spiral! Only if you are 10x better than your competitors can you tell a viable business story. #When can the spiral be escaped--from customer recognition. Customer self-development and XX's entry are the topics most often heard, which has greatly reduced the credibility of the 'threshold' in a tangible way. It seems that anyone investing 10-50e can do this very well? But in reality, this may not be the case. These words, whether from the sell side or from suppliers, are not very persuasive. ...