Toyota's position in the automotive industry is solid and will remain competitive in the future

Zuo Yan'an, former chairman of JAC Motors Group, said that although Tesla and BYD have impacted the industry, it is unlikely that they will overthrow Toyota, the industry leader. Toyota has full industry chain coverage and achieved a profit of about RMB 230 billion in the last fiscal year. Toyota is a global leader in both hardware technology and software foundation, and has the ability to continuously learn and solve problems.