Human Horizons Founder Ding Lei on Business

The transcript discusses the production timeline and initial launch of a new car, targeting the premium market. It covers funding sources and financial strategies, including fundraising targets. The company's vision focuses on human needs, smart cities, and transportation, treating cars as data collectors. Potential challenges include overstretching and losing focus, emphasizing the need for holistic solutions in a dynamic market.

What is the initial market segment the company plans to target with its new car model?

• Electric

• Mid-range

• Luxury

• Economy

What is the primary source of initial funding for the company's production plans?

• Bank loans

• Crowdfunding

• Private investors and a large organization

• Government grants

How much additional funding does the company aim to raise after the first car launch?

• 15 billion RMB

• Less than 10 billion RMB

• 10 billion RMB

• 5 billion RMB

What is the company's vision regarding the integration of technology in their vehicles?

• Build the most affordable car

• Create the fastest car in the market

• Develop smart cars, cities, and transportation

• Focus solely on vehicle performance

What potential risk is associated with the company's ambitious vision?

• High production costs

• Limited market reach

• Lack of innovation

• Overstretching focus