Is it overvalued? 37 billion become 8 billion, NIO IPO valuation shrinks

1.37 billion 8 billion NIO IPO valuation slumped

A week ago, NIO formally filed an initial public offering (IPO) prospectus with the Securities Exchange Commission, applying to list on the New York Stock Exchange under the ticker symbol "NIO", and plans to raise $1.80 billion. Previously, NIO’s valuation reached a high of $37 billion.

A week later, on August 21, NIO, which was in the IPO roadshow, was revealed to have a valuation asking price of only $80-10 billion, the difference between the previous valuation of $37 billion and $29 billion. However, it is worth noting that NIO internally set its price-to-earnings ratio target for the next five years at 10 times. According to NIO’s valuation asking price in the IPO roadshow, if NIO wants to achieve the price-to-earnings ratio target of 10 times in 2023, NIO must achieve a net profit of $8-1 billion in that year.

2.BMW blames South Korea and car owners for spontaneous combustion

According to foreign media reports, a BMW spokesperson said that the traffic conditions in South Korea and the way of driving BMW cars are the reasons for the continuous spontaneous combustion of BMW cars in South Korea, which has aroused public anger in South Korea.

"The BMW spokesperson’s remarks indicate that BMW headquarters is trying to shift the blame for the spontaneous combustion of vehicles to Korean and BMW owners in order to cover up the defects of their vehicles themselves." In response, BMW Korea said the Xinhua News Agency report was a mistranslation of the original German interview. A BMW Korea spokesperson said, "There are many situations that cause the spontaneous combustion of the exhaust gas recirculation unit (EGR), which Frey tried to explain but were misunderstood." BMW Korea said it was very sorry that the Xinhua News Agency report blamed the spontaneous combustion of the BMW on the specific situation in South Korea, and had asked Xinhua News Agency to correct its report.

3.Geely’s new Colorful is about to debut

Not long ago, Geely announced that its new SUV Geely SX11 was officially named Binyue. Binyue will be officially released tomorrow. As the first A-class SUV model with Geely’s new BMA modular architecture, the new car adopts the design concept of "Time Racing Aesthetics" in appearance and shape, and the interior design is also more youthful and fashionable. In terms of power, the new car will be equipped with a 1.5TD engine and a 100-kilometer acceleration time of 7.9 seconds.

4.London Trials "Low Emission" Roads, Bans Non-Electric Vehicles

The City of London is considering banning non-electric cars from a special "low-emission" street, according to foreign media reports, in a pilot project that highlights the severity of the air pollution crisis in the British capital’s financial center.

An "ultra-low emission" motor street, with only electric cars and plug-in hybrids, may be piloted, according to the City air quality manager. "We realise that the ultra-low emission zone [introduced by London mayor Sadiq Khan] is not yet sufficient for us to meet our emission limits, so we will have to consider additional measures on the busiest streets," the manager said.

5.US to impose 25% tariff on European Union car imports

According to foreign media reports, President Trump said on the evening of August 21 local time that the United States will impose a 25% tariff on all European Union imported cars.

Mr. Ross told The Wall Street Journal that it was unclear whether a report on potential tariffs would be released by the end of August. He also declined to set a new timetable, according to the newspaper. Mr. Ross said the report had been delayed because the United States was currently negotiating with Mexico, Canada and the European Union Commission.

Huawei’s three-fold screen mobile phone scalper price has plunged, from a price increase of more than 100,000 to only 4,000

  Recently, many scalpers began to receive Huawei three-fold screen, the price has shrunk a lot compared to before. According to domestic media reports, the price of Mate XT three-fold mobile phone scalpers is currently avalanche, from a price increase of 670 thousand or even hundreds of thousands, plummeting to a price increase of 4,000 or 2,000.

Ranger

  There are also relevant bloggers who have posted the price of Huaqiang North Mate XT scalpers. On September 22, the black 16 + 512G version is priced at 26,800 yuan; the black 16 + 1T version is priced at 28,800 yuan; and the red version is priced at 35,800 yuan. Compared with the prices on the official website, the prices are increased by 4,900 yuan, 4801 yuan and 11,801 yuan respectively.

Ranger 2

  According to a second-hand trading platform, the current price increase of Huawei Mate XT mobile phones is indeed not so "outrageous". The average price increase of the black version is about 6,000 yuan, while the red version is relatively more expensive, with a price increase of about 10,000 to 13,000 yuan.

  Some relevant people also gave the reason for the "avalanche" of the scalper price of Huawei Mate XT triple folding screen:

  First, ordinary consumers do not have a high degree of acceptance of smart phones in the form of tri-folding screens, or the target consumer group of this mobile phone is not wide. For ordinary users, there is little demand for tri-folding screens in daily life.

  Second, the price is indeed "not close to the people". As a high-end product of Huawei, even according to the official original price, the starting price of 20,000 yuan is by no means affordable to ordinary consumers.

Ranger 3

  Of course, more importantly, Yu Chengdong has publicly stated that the popularity of Huawei’s triple-folding mobile phone far exceeds expectations, and the team is working overtime to expand production capacity.

Houlang harvester, Xingtu and the moon, both power and fuel economy

Although cars can enhance the convenience of people’s travel, safety is still a topic that cannot be avoided. Therefore, many car companies have also begun to upgrade the safety of their models. Of course, for consumers, a car’s active and passive safety configuration is very complete, and it will be more popular. Today, I will arrange it for you by the way. Let’s introduce it carefully.

First of all, from the appearance, the front of Xingtu Lanyue looks very domineering, with a multi-spoke air intake grille, which is very recognizable. At the same time, the headlights show a soft design style, and the shape is quite fashionable and atmospheric. The car is equipped with LED daytime running lights, front fog lights, automatic opening and closing, adaptive far and near light, delayed closing, etc. To the side of the car, the body size of the car is 4970MM*1940MM*1792MM, the car adopts fashionable and simple lines, the side circumference looks very unique, with large-sized thick-walled tires, smooth lines run through the entire side of the car. Looking back, the rear looks very elegant, the tail lights give a very delicate feeling, and the exhaust pipe adopts a bilateral single-out design, which looks very simple as a whole.

Sitting in the car, the interior of Xingtu Lanyue enhances the visual fashion and dynamic sense, giving people a very sporty feeling. The steering wheel design of the car is very fashionable and dynamic, equipped with the steering wheel manual up and down + front and rear adjustment, steering wheel heating and other functions, practicality and appearance are not bad. Let’s take a look at the central control, the center console design is reasonable, making the interior style impressive and tough. Let me introduce the dashboard and seat below. The dashboard design is remarkable, giving people a very clean feeling. The car uses leather seats, the seats are wide and thick, and the overall comfort is good.

Xingtu Lanyue matches the automatic manual (AT) gearbox, with a maximum power of 192KW and a maximum torque of 400N.m, resulting in good power performance.

There is still no problem with two luggage bags in the trunk of Xingtu Lanyue, and the rear seats cannot be reclined, which is a pity. In addition, the car is equipped with fatigue reminder, brake anti-lock braking (ABS), LED daytime running lights, brake assistance (EBA/BAS, etc.), braking force distribution (EBD) main driver airbag, passenger seat airbag, knee airbag, side aircurtain, front side airbag and other safety configurations.

The model level introduced today is the level that many people consider the most when buying their first car, mainly because the size of the model in this level is moderate and the price is reasonable. I think if you really want to buy this car, you still need to go offline to experience it.

Help you choose Lynk & Co 08

The cost of the later use of the car is the point that its potential consumers are more concerned about. So whether this car is a mule or a horse, let’s take a look at its actual performance.

First of all, from the appearance, the front shape of the Lynk & Co 08 looks very young and personalized, and looks sporty. Coupled with the cold headlights, it looks very cold. The car is equipped with LED daytime running lights, automatic opening and closing, adaptive far and near light, delayed closing, etc. Come to the side of the car, the body size of the car is 4820MM*1915MM*1685MM, the car adopts simple lines, the body looks very dynamic and lively, with large-sized thick-walled tires, the shape is eye-catching. In the rear design, the rear and front of the car echo each other, the taillights are very round, and the sense of neatness is in front of you.

In terms of interior, the Lynk & Co 08 interior looks very full and rich in functions. The steering wheel of the car is very fashionable, and it is made of genuine leather material, which is not bad for practicality and appearance. Take a look at the central control, with a 15.4-inch central control screen, the interior style is impressive, which is in line with the car’s temperament. Let’s take a look at the dashboard and seats. The car is equipped with a simple dashboard, which looks more dynamic. The car adopts leather seats, which are equipped with functions such as auxiliary seats with memory electric adjustment, seat with memory electric adjustment, and seat ratio reclining. The overall comfort is good.

The car is equipped with vehicle to everything, driving mode selection, remote control key, Bluetooth key, NFC/RFID key, UWB digital key, rear wipers, interior ambient lights and other configurations. The configuration performance is quite good, bringing drivers and passengers a comfortable car experience.

Many people buy an SUV because of its stronger passability. The car is practical and fully equipped, making it a good helper for home travel. If you are also considering this car, you might as well take advantage of the weekend to go to the store to experience it.

Hangzhou Blue Electric E5 price reduction news! 40,100 discount, sufficient car

[Autohome Hangzhou Discount Promotion Channel] brings you the latest good news, the most talked about models are conducting an unprecedented promotion in Hangzhou. At present, car buyers can enjoy a cash discount of up to 40,100 yuan, which means that the minimum selling price has been reduced to an attractive 99,800 yuan. This discount range provides consumers with an excellent opportunity to buy a car. Friends who want to seize this price reduction opportunity must click the "Check the car price" button in the quotation form to get a more realistic car purchase discount.

杭州蓝电E5降价消息!优惠4.01万,现车充足

The exterior design of the Blue Electric E5 is ingenious, the front face is hard and full of technology, and the air intake grille adopts a delicate matrix design, which not only improves the aerodynamic performance, but also shows the perfect combination of elegance and power. The overall style is fashionable and atmospheric, fully catering to the pursuit of personality and practicality by modern consumers.

杭州蓝电E5降价消息!优惠4.01万,现车充足

The blue electric E5’s body lines are smooth and elegant, its size is 4760mm*1865mm*1710mm, and the wheelbase reaches 2785mm, creating a solid body ratio. The front and rear wheels are 1585mm and 1580mm respectively, ensuring driving stability. The tire specification is 225/55 R18, which reflects the balance of refinement and practicality in both appearance and performance. With the delicate wheel design, it adds a sense of movement to the overall shape.

杭州蓝电E5降价消息!优惠4.01万,现车充足

The interior design of the Blue Electric E5 focuses on the coexistence of practicality and comfort, presenting a simple and refined style. In the cockpit, the steering wheel is made of leather material to provide a good grip and touch, and supports manual up and down adjustment to adapt to the driver’s needs. A large 12.3-inch central control screen stands on the dashboard, integrating multimedia, navigation, telephone, air conditioning and sunroof control, making it easy to operate and full of technology.

The seat part is wrapped in imitation leather material to provide good support and touch. The main driver’s seat is equipped with front and rear adjustment, backrest adjustment and high and low adjustment functions to ensure the comfort of the driver. The passenger seat also supports front and rear adjustment and backrest adjustment to meet the individual needs of passengers. The second row of seats is equipped with backrest adjustment function to bring a comfortable riding experience to the rear passengers. In addition, the layout of the seat is flexible, and the rear seats support proportional reclining, which increases the versatility of the space.

杭州蓝电E5降价消息!优惠4.01万,现车充足

The Blue Electric E5 is equipped with a 1.5L displacement L4 engine, which has a maximum power of 81 kilowatts and a maximum torque of 135 Nm. With the E-CVT continuously variable transmission, it provides efficient power output and a good driving experience.

In general, Autohome owners gave high praise to the exterior design of the Blue Electric E5, believing that its atmospheric and fashionable shape and large and medium net design are eye-catching. Coupled with the 4-meter-8 waist line of the body, it undoubtedly adds to the fullness of the vehicle. This visual satisfaction undoubtedly makes the owner feel more confident and respected in daily driving. The Blue Electric E5 has undoubtedly won the recognition and satisfaction of the owner with its design charm.

Great Wall Motor’s second-generation Haval H9 was officially launched today

Zhao Yongpo, general manager of the Great Wall Motor Haval brand, released: the second-generation Haval H9, "a family’s off-road vehicle" officially launched today

Extreme Edition – 229,900;

Extension Edition – 215,900;

Exploration Edition – 199,900;

Listing to enjoy six privileges:

Cash gift: 2000 to 12,000 for the purchase of the car;

Replacement gift: H9 old model replacement subsidy of 20,000 yuan, other original/foreign product replacement subsidy of 15,000 yuan, etc.

(The six-fold courtesy is valid until October 31, 2024).

Geely is really patient, 78,800 exquisite pure electric star is willing to hold back until now!

Is the car market about to be crowded by all kinds of small trams? Don’t worry, Geely has brought a new blood to the market, and it can even be said to be the most exquisite one in the same level. It is, the pre-sale 78,800, and there are even more rare configurations in the same level.IMG_256

To be honest, Star Wish is just a pure electric car, but it has a lot of space. The length of the car is more than 4 meters 1, the wheelbase is pulled to 2 meters 65, and the whole car has a room rate of 85%. Once you sit in it, the sense of space is as spacious as a small home. The rear seats are wide and thick, and it is easy for three people to sit, and it is completely uncrowded. This space performance is simply the "big eater" in the car industry, which is surprising.IMG_257

When you open it, the rear motor plus rear-wheel drive, the turning is flexible, and the flight feeling is close to the ground. The charging efficiency is even better. For the 310km version, it only takes 22.8 minutes to charge the battery from 30% to 80%, and the 410km version takes a little more time, and it takes 24 minutes to get it done. This is too sweet for friends who don’t have charging piles at home.IMG_258

Let’s talk about the design, Geely Star Wish’s front and cockpit are clearly distinguished, the design style is very neutral, men and women eat all the old and young, and do not pick people. There is also the Flyme Auto intelligent car system, which is very smooth to operate and has rich functions.

Star Wish can be said to be full of sincerity in terms of design, space, and driving experience, especially suitable for those friends who are new to the tram circle. With the hot new energy vehicle market, Geely Star Wish, a dark horse, may really become another leader in Geely’s new energy field. How is it, are you excited? Hurry up and test drive it!

From celebrities to celebrities, why do they all love the Volvo XC90?

"The lives of people cannot be compared with each other." Opening Bilibili, in a pile of bullet comments, Luo Xiang, a professor at the School of Criminal Justice of China University of Political Science and Law and the director of the Institute of Criminal Law, finished another interesting case study of "extrajudicial fanatic Zhang San". However, he immediately changed the topic and was very serious. "Love yourself as yourself, protect others, and protect each other bravely."

"Growth comes with parting, and even so, my choice will not change." In front of the camera of "Thirteen Invitations", she wore a solid-color trench coat and walked out of her alma mater after years of separation. She smiled and explained her thoughts on "growth" and "parting" in her mind.

On the other side of the lens of "Thirteen Invitations", Xu Zhiyuan, as the questioner, kept throwing out more and more pointed questions, with his usual literati style. As upright as him, he never flattered the audience, nor did he compromise for the camera.

"Extrajudicial fanatic" Luo Xiang, "National Muse" Gao Yuanyuan, "Against the Current" Xu Zhiyuan… They were in three different fields, facing their own professional challenges and doubts from the outside world, and they did not compromise, but after their success, they all chose to set off again with the Volvo XC90 and move forward.

It seems that the styles are different, but in fact the core is the same. The law is equal to safety, the lead is hard to hide, and the tide is fearless… Like Volvo, they are all uncompromising forwards. Without blind obedience or hesitation, it is also Volvo’s consistent persistence in the past hundred years.

When the two values of cumbersome and flashy collide, when the two approaches of facing doubt and uncompromising conflict, how should we choose?

Some people still do not forget the original intention of equality of all beings, some people brush away the disturbance and glitz and insist on a purer self, and some people retain their innate acumen and continue to understand this rapidly changing world. Looking closely at these three professionals, their choice of forward-looking values – Volvo XC90, has given a more real and pure answer to this question.

"Life is the responsibility, safety is the same as the law, and everyone must be equal."

In the eyes of Luo Xiang, the "father of extrajudicial fanatic Zhang San", freedom without a bottom line is not freedom. With the bottom line of the law, everyone can have the fairest freedom.

In the travel that is closely related to our lives, the equality that cars bring to all people is undoubtedly safety, which is an "absolute law" and Volvo’s constant pursuit of love and life for nearly a hundred years.

At the outset of its establishment, Volvo introduced the concept of safety into the automotive industry. Like Luo Xiang, it was a pioneer in guarding life: it laid the foundation for the architecture of modern cars with a cage body; it invented and pioneered the application of three-point seat belts.

At the same time, Volvo is also an excellent popularizer in the field of safety. When it invented the three-point seat belt in 1959, Volvo gave all its competitors a patent for saving lives, saying that "as a free life-saving tool, its value outweighs its profit".

Subsequent to this, more safety patents were made public for free by Volvo, and since then, the concept of safe travel that protects life has not only been promoted to the entire automotive industry, but also entered the hearts of millions of consumers.

In fact, it is not difficult to find the reason why Luo Xiang joined hands with Volvo, because they are both warriors who guard love and life on the verge of life and death – one who considers carefully and takes defense as an attack; one who accumulates technology and restrains rationality.

This is not only responsible, but also professional.

Nowadays, in the trend of the new four modernizations of automobiles, Volvo still adheres to the original intention of safety regardless of grade. All its models are equipped with the City Safety urban safety system as standard. Whether it is for drivers in the car or pedestrians outside the car, it has given full and comprehensive protection. It can effectively reduce or avoid the danger of collisions between vehicles in front of vehicles, pedestrians, cyclists and large animals at various times of day and night, so that some consumers laugh that "it is difficult for you to even collide with a bird when driving it."

For Luo Xiang, treating each case with the most meticulous consideration is a reverence for love and life; for Volvo, developing a vehicle safety system without limits is a safeguard for love and life.

As the "ceiling" of car safety, Volvo has been persevering in the pursuit of safety and has never forgotten its original intention, because only when everyone’s equal safety limit is guaranteed, the pursuit of faster speed and updated technology will have unlimited possibilities.

"Only with safety as the bottom line can we freely explore the upper limit of life."

Xu Zhiyuan was born in Peking University and has never left the book. Every time he makes a speech, he is full of strength and calm.

In his eyes, asking, answering, and thinking are spiritual desires that cannot be pressed to pause. Trying to understand the true nature of human nature and the world through different perspectives can create a more unique self.

"Read ten thousand books and travel ten thousand miles." He likes the seven-seat, three-row theater-style seating experience of the Volvo XC90: no matter which row you sit in, you can have a comfortable and broad view, and you can see the wider world.

Although in the eyes of many people, he is a "angry youth" and a "retrograde" who has been controversial in his words and deeds, from another perspective, he is a representative of the supremacy of love and life.

In the tide of the times, Xu Zhiyuan always maintained his original intention. In his opinion, "True and free breathing is the innate instinct of every life." The air that accompanies us all the time is inconspicuous, but it is unusually important. Clearer air can make people have a healthy body and a clear mind.

As Xu Zhiyuan said, "Without a clear head, how can there be true thinking?" Since the mid-1990s, Volvo Cars has established relevant standards for clean cockpits and conducted rigorous tests, aiming to create a safe and healthy in-car environment for owners suffering from allergies and asthma.

In the nearly three decades since then, Volvo Cars has continued to innovate, from the release of the IAQS intelligent air circulation control system in 1999, to the registration of the CLEANZONE ? trademark in 2014, and to the release of the AAC dual-effect enhanced air purification system in 2019, Volvo Cars has always been a leader in clean cockpit solutions for the automotive industry.

Nowadays, in the context of the brutal growth of new technologies, Volvo still adheres to the principle of safeguarding love and life, and is committed to continuously providing an industry-leading clean in-car environment to create a pleasant and healthy driving experience.

Taking the XC90 chosen by Xu Zhiyuan as an example, its Clean Zone clean cockpit can effectively improve the air environment in the car, and its AAC enhanced air purification system can effectively filter 95% of PM2.5, making "closing the door to Nordic" more than just an advertising slogan.

Interestingly, Volvo also has a unique "nose team" made up of people with a "healthy sense of smell" who have been specially screened and trained to provide designers with guidance on the selection of materials and production processes, especially for car interior materials, and finally through rigorous testing to ensure that the owner provides a healthy and environmentally friendly first-class in-car environment.

In terms of experience and feelings, Xu Zhiyuan once said: "The world is not made up of complex concepts and facts, but the real and direct experience in people’s hearts." Choosing Volvo is the "great wisdom" that combines the talents of the world and the way of compatibility.

Uncompromising insight, unimpulsive heart, and non-drifting adherence are its base colors, just like Volvo, a luxury brand that has been deeply cultivated in the automotive field for nearly a century, adheres to the concept of "people-oriented" out of respect and awe for life, adheres to the original intention, and shoulders responsibility. It is the "retrograde" and "guardian" of this impulsive era.

"The hustle and bustle of the past, stop and go, now I prefer warm and pure beauty."

In "Yitian and the Dragon Slayer", Gao Yuanyuan is the beautiful and paranoid Zhou Zhiruo, but outside the play, she is wearing her hair, wearing only a plain ring, and holding a white porcelain cup to drink tea and chat.

In her opinion, the change of the world is not centered on the spotlight, the true beauty should be outside the spotlight of the stage, warm and pure. As a top-tier in the industry, even in the center of glitz, Gao Yuanyuan still maintains her own unique and pure philosophy of life, leaving more time and space for her family, and regarding protecting and accompanying her family as the most important thing in life.

She met Volvo, who was also simplifying complexity, and it was logical, "Remove everything superfluous, and everything left is what you need." This is her pursuit of life, and it is also Volvo’s design philosophy. The simple and powerful lines and the changing posture under light and shadow all highlight the aesthetic core of Scandinavia’s "less is more".

Although time never defeats beauty, the reason is not that time favors beauty’s personality, but that beauty has its own inner strength.

The same is true of the Volvo XC90 chosen by the beauty – the appearance is gentle and natural, with endless wonders inside, high-grade perforated Nappa leather fabric and cold zone rare wood interior strips, creating a natural flowing high-end beauty; the driver’s seat is the Swedish royal family’s national treasure-grade Orrefors crystal electronic shift lever, made by more than 200 years of workshops, 15 purely manual procedures, and a temperature of 1400 ° C for 16 hours. The brand’s crystal products are mostly made of traditional glass blowing craftsmanship and carving, continuing its unique design and texture for hundreds of years; the palace-level sound system from Baohua Weijian has moved the moving Gothenburg Concert Hall into the car. No matter where you sit, it is the auditory "C position", which can experience the golden position of the theater The ultimate immersion enjoyment.

In fact, a closer look at Gao Yuanyuan and the Volvo XC90 shows that the temperament of the two is so compatible in a certain way. As a professional and an important member of the family, her understanding of love and life is a more emotional explanation from the precipitation of time, "To the world, you are only one millionth; but to family and friends, you are one hundred percent." Focusing on the purity of life and achieving the symphonic resonance of family and feelings is also the essence of luxury that Volvo brings to us.

Conclusion:

Under the great changes in the automotive industry, Volvo’s principles have never changed. The more complex the environment, the more technological innovation and business innovation emerge, the more you need to maintain a calm.

In such an increasingly uncertain world, what can give people a sense of security must be sincere and firm. In the context of the rise of new forces and the brutal growth of new technologies, in the face of doubts and controversies, Volvo has always adhered to the principle of protecting love and life, and adhered to the values of harmony and difference.

From Luo Xiang, to Gao Yuanyuan, to Xu Zhiyuan, the Volvo XC90 is not just a car chosen by celebrities and celebrities. It also carries people’s beautiful expectations for love and life. In this increasingly complex and changing world, its respect for love and life allows more social backbone to move forward with it. Behind the patience and determination that has come along the way is Volvo’s persistence in the face of the changes of the past century, and it is also a persistent guardian.

What I love is separated by mountains and seas, and mountains and seas can also be flat.

"Love requires patience," according to Yuan Xiaolin, senior vice president of Volvo Car Group and president and CEO of Volvo Cars Asia Pacific, upholding the ultimate respect for life and taking responsibility and safety as "vitality" is Volvo’s eternal philosophy. "This takes time to test, so we say that only love and life can’t live up to it!"

Flagship SUV Starway Lanyue is listed, can Chery rise again?

On March 18, the flagship model of Xingtu Lanyue was officially launched. The new car launched 6 models with 2 kinds of power, and the price range was 168,900-229,900 yuan. With the flagship product layout of Xingtu in the large SUV market, Chery once again tried high-end development and brand upward breakthrough, but I don’t know how the effect will be this time?

1. jpg

Since its establishment, Chery Automobile has never given up exploring the high-end development of the brand. From Ruiqi to Qoros, from Jietu to Xingtu, Chery has tried many times, but the effect is not as expected. As the latest attempt of Chery Automobile in the high-end of the brand, Xingtu was officially launched in 2018. Currently, its models include Xingtu TX/TXL and Xingtu LX. However, the end point feedback of these models after they were put on the market was not good, and the cumulative sales volume in 2020 was less than 20,000.

Compared with the high-end brand Lynk & Co under Geely and the WEY brand under Great Wall Motors, which were launched at the same time, Xingtu is somewhat bleak in terms of product quantity and end point sales. According to the data, Lynk & Co owns five current cars of Lynk & Co 01, 02, 03, 05 and 06, and the ZERO concept will also be listed within the year; the WEY brand owns four products of VV5, VV6, VV7 and Tank 300, and the new flagship model Mocha has also been unveiled. With the contribution of multiple product sequences, in 2020, the cumulative sales of Lynk & Co reached 175,000, and the cumulative sales of the WEY brand also reached 79,000, far exceeding that of Chery Xingtu.

In the face of a highly competitive market environment and dismal sales results, the listing of Xingtu Lanyue has undoubtedly become an important factor in Chery’s high-end development.

At the press conference, Gao Xinhua, deputy general manager of Chery Automobile joint stock company, general manager of Xingtu brand, and dean of the General Institute of Automotive Engineering Technology Research and Development, said, "Xingtu, as a high-end brand and strategic brand under Chery, is the master of Chery’s technology, the pioneer of Chery’s technology, and the upward breakthrough of Chery. It is also an important mission of Chery to lead Chery, accelerate change, make upward breakthroughs, and fully embrace the era of green and intelligent vehicles. Xingtu Lanyue is based on the 24-year positive R & D accumulation of the Chery brand, as well as the world’s five R & D centers and the top 500 supplier system, and builds the Xingtu flagship product on the M3X Mars architecture."

How much chance does the starry path that has high hopes have of winning?

The positioning of Xingtu Lanyue is a large seven-seat concierge SUV, which belongs to medium and large SUVs. At present, most of the medium and large SUV markets are joint ventures and imported models, and independent brands such as Lynk & Co and WEY do not have a layout. On the one hand, it shows that the market has given Xingtu Lanyue the opportunity to lead other independent brands and seize market share in advance; on the other hand, it also means that Xingtu Lanyue will directly compete with joint venture brands, and the competitive pressure is very high.

In addition, the overall size of the medium and large SUV segment is small, and there is not much room to play. The data shows that there are only 5 models (including imported cars) with a cumulative sales volume of more than 30,000 in 2020. Volkswagen Touon, which ranks first in sales, sold 77,000 cars in the whole year, and Cadillac XT6 sold only 27,000 cars in the sixth place. It can be said that the market environment of medium and large SUVs has determined that it is difficult to bring qualitative changes to Xingtu’s annual sales.

In other words, the biggest significance of the moon to Xingtu is not how much it can boost sales, but to achieve upward breakthroughs in brand perception and product image.

Although the sales volume of medium and large SUVs is not high, it is the model that can test the R & D and manufacturing skills of manufacturers the most. Therefore, many brands will position medium and large SUVs as their flagship models and improve brand perception through the comprehensive quality of medium and large SUVs. The launch of Lanyue has this intention. Chery hopes to enhance the high-end brand perception of Xingtu and achieve brand premium through its level and strength in comfort, intelligence, safety and power. Xu Youzhong, assistant general manager of Chery Automobile and executive director of the product development management center, said, "Xingtu Lunar is built on the M3X Mars architecture, with super five-star safety protection, leading intelligent configuration, comfortable driving experience and surging power performance. It is a’IKEA, IKEA, IKEA ‘concierge-level seven-seat SUV."

From the product point of view, as a medium and large SUV, the wheelbase of the moon reaches 2.9 meters, the car length is nearly 5 meters, and it has a three-row seven-seat layout, with excellent space performance. The official said that the trunk of the moon can still accommodate a 20-inch suitcase when the three rows are full. In addition, the appearance and interior of the new car are all designed with the family style of the Xingtu brand, and on this basis, more quality details are added to further strengthen the high-end image.

In terms of configuration, Lanyue is equipped with Lion Lion Zhiyun 4.0 intelligent interaction system, equipped with L2.5 level automatic driving, supports intelligent identification and monitoring analysis, and has powerful voice interaction functions. At the same time, the whole system comes standard with 12.3-inch LCD high definition screen, keyless entry/start, intelligent start and stop, three-zone automatic air conditioning, fatigue detection and other luxury configurations. The intelligent configuration is equipped to further enhance the technological sense and high-end sense of the whole vehicle.

In terms of power, Lanyue is equipped with 1.6T and 2.0T engines, with maximum power of 145 kW and 187kW respectively, and peak torque of 290N · m and 390N · m respectively. In terms of transmission, the new car is fully equipped with a 7-speed wet dual-clutch transmission, and the high-end model is equipped with the AWD intelligent four-wheel drive system from BorgWarner.

The arrival of Xingtu Laiyue has made Chery take a key step in the high-end layout and upward transformation. As Yin Tongyue, secretary of the party committee, chairperson and general manager of Chery Automobile joint stock company, said at the press conference, "The group will start with Xingtu Laiyue, bring more intelligent, green and stunning series of products to consumers, and contribute to the transformation of China’s automobile industry and the upward transformation of the brand."

Text/Beiqing-Beijing Toutiao, Wen Chong

EZ-6 internal invoice leaked, the price range locked amazing 18-240,000!

The new energy vehicle market has been surging in recent years, and major car companies have made arrangements. However, the outflow of a car purchase invoice has made the new energy battlefield of the joint venture brand more full of gunpowder. Recently, some netizens posted a car purchase invoice for Changan Mazda EZ-6. The invoice shows that the purchased model is an EZ-6 pure electric BEV model, priced at 221,800 yuan. As Changan Mazda’s first new energy product and the only model in the joint venture B-class sedan market to provide range-extending power, many people believe that this price is very likely to be true. This information immediately caused an uproar in the automotive industry. Whether the EZ-6 will become a dark horse in the new energy market has obviously become the focus of attention.

According to the pictures released, the invoice date for this car purchase is August 16, which is more than a month earlier than the expected pre-sale time. Under normal circumstances, a new car is launched, and the car company has a complete time advancement process. For a joint venture brand model like Changma, it is not uncommon for both China and Japan to make joint decisions, and it is not uncommon to agree on the price two months in advance. In addition, although sensitive information such as the invoice code is coded, from the information of the invoicing party and the invoice seal of Changan Mazda Automobile Co., Ltd., the invoice is likely to flow out from the inside, so it is very reliable. In view of this, the price of the product shown in the invoice is likely to be the true price of the EZ-6.

Since the EZ-6 made its debut at the 2024 Beijing Auto Show, it has quickly become the hottest sedan in the joint venture new energy field. Its styling design is not only an innovative attempt in the joint venture new energy field, but also provides range-extending power, which is unique in the joint venture B-class sedan market. This feature quickly attracted widespread attention inside and outside the industry, making up for the gap in the joint venture new energy in the field of range extension.

The product configuration of the EZ-6 is also outstanding. In terms of body size, the length, width and height of the EZ-6 are 4921/1890/1485mm, the wheelbase is 2895mm, and it adopts a frameless door and hatchback design. Although it is more inclined to the modern style of new energy vehicles, the through taillights and four round gun downlights on both sides still retain the shadow of Mazda’s classic design elements.

In terms of power, the exposed information shows that the EZ-6 will have two power forms, pure electric and extended range, and adopt a rear-drive layout. The power parameters of the pure electric version are 190kW, while the extended range version uses the same 1.5-liter range extender, and the power parameters remain unchanged. In terms of battery life, depending on the capacity of the battery pack, the range of the pure electric model is 480km and 600km respectively. The extended range version of the vehicle can achieve a long range on a single charge and a tank of fuel, exceeding 1300km.

Smart configuration is also a highlight of the EZ-6. It is equipped with Qualcomm Snapdragon’s third-generation 8155 chip, and is equipped with a 14.6-inch floating center control screen and a full LCD instrument cluster. In addition, there are AR-HUD head-up display, 180-degree panoramic chassis, adaptive cruise control, lane-keeping assistance and automatic parking. Rare Sony audio, 64-color ambient lights and zero-gravity seats in the same class also bring users a richer driving experience.

Judging from the price of the product and other models, the price of the EZ-6 seems very reasonable. From the known information alone, the EZ-6 is far ahead of the joint venture models of the same class in terms of configuration. Moreover, as a joint venture pure electric mid-range car, compared with the price of about 300,000 yuan for Tesla and the starting price of 227,700 yuan for Volkswagen ID7, the pure electric version of the EZ-6 may only be 221,800 yuan, which obviously makes this car seem very competitive.

In addition, combined with Mazda’s previous pricing strategy, it is expected to fall between 18 and 240,000. If you add some preferential policies during the pre-sale period, the competitive pressure of the EZ-6 in the market will obviously increase. It is reported that the EZ-6 will start pre-sale on September 28 and be officially listed at the end of October. Everything is waiting for the time to be revealed, when we will be able to see how Changan Mazda EZ-6 shows its strength in the highly competitive new energy market. Whether you are a consumer or an industry insider, you can wait for the appearance of this new energy rookie and express your views in the comment area.