Zhejiang Taotao Vehicles (SZ:301345)2025-06-20 10:32Group 1: Production and Market Strategy - The company's production capacity in Vietnam is expected to significantly increase, with electric golf cart production reaching a new high in June 2025 and further increases planned for July [1] - The company has prepared for international trade friction by expanding production capabilities in Southeast Asia and the U.S., enhancing competitiveness in the U.S. market [1] Group 2: Robotics Industry Entry - The company aims to enter the robotics sector to drive smart upgrades across its product line, leveraging a partnership with K-Scale as a key starting point [2] - The strategy is based on nearly 20 years of experience in the U.S. market, focusing on outdoor sports market needs to guide smart product development [2] Group 3: Implementation Phases for Robotics - Phase 1: Establish a technology incubation system through a wholly-owned subsidiary in Shanghai, creating a comprehensive innovation platform [3] - Phase 2: Localized mass production in the U.S. to avoid trade barriers and enhance market penetration through established sales networks [3] - Phase 3: Utilize high-end manufacturing experience to upgrade core business and develop smart outdoor products [4] Group 4: Future Growth and Risks - The company will focus on smart upgrades of existing electric vehicles, with potential for autonomous driving as a natural extension of technology upgrades [5] - Confidence in achieving strong performance in Q2 2025, supported by improved North American operations and brand influence [6]