Porsche accelerates product upgrades to cope with market competition

Facing the pressure of market competition, Porsche appointed Li Nan as Vice President of China Technology Department to accelerate product upgrades. This move aims to make Porsche closer to the Chinese market and the needs of Chinese consumers through local procurement and other means. Although Porsche's electrification transformation has encountered challenges, it is expected to achieve better market performance in the future with the introduction of new products and technologies.