
PPT car refers to virtual cars, and here are the specific details: 1. Introduction: These are car manufacturers that only have concepts and plans but are far from mass production. They produce excellent PowerPoint presentations but have no actual production vehicles, yet they can attract venture capital. PPT car manufacturing has become synonymous with unreliability in the automotive industry. 2. Car brands: Chinese car brands include SAIC Motor Corporation Limited, Dongfeng Motor Corporation, China FAW Group Corporation, BAIC Group, GAC Group, Changan Automobile Group, Sinotruk Group, Brilliance Auto Group, Chery Automobile Co., Ltd., and Anhui Jianghuai Automobile Group Corp., Ltd.

PPT cars refer to those flashy concept vehicles that only exist in PowerPoint presentations, with no real prototypes in sight. Recently, while researching the new energy vehicle industry, I found this phenomenon particularly intriguing. Some manufacturers host grand launch events with dazzling videos on big screens, where presenters passionately tout specs like 800 km range or 0-100 km/h in 5 seconds, while media cameras flash nonstop. Yet, consumers wait year after year without seeing any mass-produced models. A classic example is a certain brand from a few years ago that used holograms to showcase autonomous driving—now, even basic driver-assist features are riddled with flaws. In my opinion, this is eroding industry credibility. Don’t be fooled by PPT specs; focus instead on actual vehicle deliveries and user feedback.

As a car owner who's been burned before, I know all about 'PPT cars.' Last year at a new automaker's launch event, the PPT showed a car that could transform and even fly, priced at just 200,000 yuan. In the heat of the moment, I paid a deposit, only to wait ten months before customer service cited a chip shortage. Later, I discovered the actual car couldn't even handle automatic parking properly, and seat heating required an additional paid upgrade. Now, whenever friends post order screenshots on social media, I urge them to check the manufacturer's production capacity. For instance, one automaker claims a monthly output of 10,000 units, but industry insiders reveal their factory equipment isn't even fully debugged. The biggest issue with these cars is falsified specs—the official website lists an energy consumption of 12 kWh per 100 km, but real-world tests by owners show 18 kWh, with winter performance halving that. My advice? Always verify the manufacturer's filings with the MIIT before placing an order.

Over the years in investment, I've seen too many PPT car projects. Essentially, they are fundraising tools built on concepts. Last year, one project raised a billion yuan with just a 3D rendering video. However, such projects have an extremely high mortality rate, with the core issue lying in the supply chain. For instance, some claim to use solid-state batteries, but their suppliers are still in the lab stage. One manufacturer announced at a launch event that their car would feature five LiDAR units, with costs controlled under ten thousand yuan—yet the current market price for a single LiDAR is around eight thousand. Even more concerning is the asset-light model, where companies don’t even have their own factories. The most extreme case I’ve seen involved outsourcing the car body design to an Italian firm and piecing together the three-electric system with second-hand components. For serious investment, I recommend focusing on three key points: real-world test data, supply chain contracts, and videos of production facilities.


