What Does 'PPT Car Manufacturing' Mean?
1 Answers
PPT car manufacturing refers to those car manufacturers who do not have a single mass-produced vehicle but create impressive PPT presentations to attract venture capital. PPT car manufacturing has become synonymous with unreliability in the automotive industry. It is an absolute derogatory term because these companies only have concepts and plans, yet are far from achieving mass production. Here are the common reasons why new car manufacturers are referred to as PPT car manufacturers: 1. As new energy vehicles gradually gain favor, apart from traditional car brands entering the new energy vehicle sector, some individuals with no prior car manufacturing experience have also started establishing car brands. They outsource production while focusing solely on designing car logos, appearances, and online marketing. Although these efforts create a lot of hype, their actual capabilities are hard to believe. This is the origin of the term 'PPT car manufacturing,' implying that such car manufacturing exists only on paper. 2. To counter the negative impression consumers have of new car manufacturers, these companies are continuously improving themselves. The most significant change is adapting to the internet era by developing human-machine connectivity and pursuing intelligent development. They also upload and share car data to make it visible to more consumers. Additionally, new car manufacturers are expanding into the shared car sector, leveraging their intelligent advantages to quickly enter and dominate the market.
