On June 1, 2022, the new BYD Tang (parameter picture) EV was officially launched, with a price of 279,800. See the table below for details. The new BYD Tang EV is a mid-term modified model. The front face of the new car adopts the front face of BYD Dynasty electric family, and it is changed into a closed shape, which gives people a fresher feeling. BYD Tang EV is currently BYD’s flagship SUV model. After the mid-term change, the new car will come standard with 7 seats, and it can be upgraded with 6 seats for 10,000 yuan.

We can see that the price range of the new BYD Tang EV is 27.98-33.98 million yuan. The new car has three configurations to choose from, namely, the 600-kilometer battery life exclusive type, the 730-kilometer battery life exclusive type and the 635-kilometer battery life four-wheel drive flagship type. It has two kinds of blade batteries to choose from.

If the first generation of BYD Tang stands firm with the strength of "road tank", then the second generation of Tang has added the item of face value on the basis of strength, and its appearance is really reasonable, even before the mid-term change. The biggest change in the appearance of the new BYD Tang EV is its front face, which adopts a closed design, with only an air inlet below and a silver diversion shovel at the bottom. The top half of the front face of the new car adopts a very layered design, with a wide silver decoration at the top and its Chinese logo in the middle. The whole front face has a strong gas field.

There is no change in the side of the new Tang EV, but it can play well, with a suspended roof and a black painting style for the D-pillar. The side of the new car body has a sharp waistline, and its black wheel eyebrows are very delicate. The side of the body of the new Tang EV is very eye-catching, fashionable and sporty as a whole.

In the rear part of the car, the new car has a layered design. It has a penetrating taillight group. The taillight is three-dimensional and prominent. Although it is simple, it looks very atmospheric, and the lower part of the tail has a groove design. The part surrounded by the bottom of the new car is also very delicate, and the two ends are shaped like weapons.

In the interior, the new car adopts a family style, with a two-piece steering wheel, which is very atmospheric. The central control large screen of the new car is suspended and rotatable, and there are obvious atmosphere lights on the center console, which are interspersed on the panel. In terms of configuration, the new car is equipped with a Dana stereo, and the front seats support heating, ventilation and massage. In terms of power, the 600 km exclusive model of the new car is equipped with a motor with an output of 228 horsepower; The 730 km exclusive model is equipped with a 245 HP motor; The 635km four-wheel drive flagship is equipped with a 180kW+200kW motor, which accelerates for 4.4 seconds in 100km. In terms of battery, the 635km four-wheel drive model and the 730km exclusive model of the new car use 108.8kWh blade battery, while the battery capacity of the 630km exclusive model is smaller.

(Original title: Weekly news: CPI turns negative again; China’s gold reserves "increased for 12 consecutive years"; IMF raises China’s economic growth forecast this year and next; China Ping An denied the acquisition of Country Garden)

A picture reviews the important news that affects the market trend.

China’s CPI in October decreased by 0.2% year-on-year, and PPI decreased by 2.6%.

Statistics from the National Bureau of Statistics show that in October, the national consumer price dropped by 0.2% year-on-year. In October, the ex-factory price of industrial producers nationwide decreased by 2.6% year-on-year, which was the same as that of the previous month. The purchase price of industrial producers decreased by 3.7% year-on-year and increased by 0.2% quarter-on-quarter. From January to October, the ex-factory price of industrial producers decreased by 3.1% compared with the same period of last year, and the purchase price of industrial producers decreased by 3.6%.

At the end of October, China’s gold reserves reported 71.2 million ounces, increasing its gold reserves for the twelfth consecutive month.

According to data from the central bank, China’s foreign exchange reserves at the end of October stood at $3,101.22 billion, a decrease of $13.85 billion from the previous month. At the end of October, the gold reserve reported 71.2 million ounces (about 2214.57 tons), an increase of 740,000 ounces (about 23.02 tons) from the previous month, and the gold reserve increased for the twelfth consecutive month.

General Administration of Customs: In October, the monthly growth rate of China’s import and export of 3.54 trillion yuan changed from a year-on-year decline for four consecutive months to an increase of 0.9%.

According to the data released by the General Administration of Customs, the total import and export value of China’s goods trade in October was 3.54 trillion yuan, and the monthly growth rate changed from a year-on-year decline for four consecutive months in June to an increase of 0.9%. In the first ten months of this year, the total import and export value of China’s goods trade was 34.32 trillion yuan, a slight increase of 0.03% year-on-year.

IMF raises China’s economic growth forecast this year and next.

The International Monetary Fund (IMF) announced on the 7th that China’s economy is expected to grow by 5.4% in 2023, 0.4 percentage points higher than the forecast in October this year.

Central Bank: Real estate policy will be adjusted and optimized in due course.

On the 9th, the central bank issued the Report on Regional Financial Operation in China (2023), which mentioned that the real estate policy should be adjusted and optimized in time to adapt to the new situation of major changes in the supply and demand relationship in the real estate market, so as to promote the stable and healthy development of the real estate market.

Central Bank: Steadily and prudently promote the internationalization of RMB, steadily and orderly promote the comprehensive institutional opening of financial markets.

On the 9th, the Macro-Prudence Administration of the Central Bank issued "Steadily and Steadily Promoting the Internationalization of RMB", proposing to further improve the openness and access of China’s financial market, improve the liquidity of RMB financial assets, enrich risk hedging tools and improve the convenience of foreign exchange transactions.

Pan Gongsheng, Governor of the Central Bank: When necessary, the central bank will also provide emergency liquidity support to areas with relatively heavy debt burdens.

Pan Gongsheng, governor of the central bank, said on the 8th that the financial sector has taken a number of measures with relevant departments to actively support local governments to steadily resolve debt risks. When necessary, the central bank will also provide emergency liquidity support to areas with relatively heavy debt burdens.

Four ministries and commissions held a symposium on housing financing to understand the financial situation of the real estate industry and the financing needs of enterprises. Vanke, Poly and Longhu attended the meeting.

The People’s Bank of China, the Ministry of Housing and Urban-Rural Development, the General Administration of Financial Supervision, and the China Securities Regulatory Commission jointly convened a discussion with several housing enterprises on the afternoon of the 7th to learn about the financial situation of the industry and the financing needs of enterprises. Participating enterprises include Vanke, Poly, China Resources, China Shipping, Longhu and Jindi.

Minister of Commerce: We will continue to promote the whole chain of new energy vehicles going to the countryside to promote automobile consumption.

Wang Wentao, Minister of Commerce, said that new energy vehicles will continue to be promoted to the countryside, and the whole chain will promote automobile consumption. In terms of home, we will focus on three directions: green, smart and suitable for the elderly, and accelerate the release of home consumption potential. The Ministry of Commerce will also promote the consumption of green smart home appliances, promote the high-quality development of the catering industry, and better meet people’s needs for a better life.

The Electronic Information Department of the Ministry of Industry and Information Technology will hold a symposium on photovoltaic manufacturing enterprises to guide the rational distribution of photovoltaic industry capacity

The Electronic Information Department of the Ministry of Industry and Information Technology plans to hold a symposium on photovoltaic manufacturing enterprises, focusing on the development status, existing problems and challenges of the photovoltaic industry, guiding the rational layout of the photovoltaic industry’s production capacity, and promoting the high-quality development of the photovoltaic industry. It is reported that the enterprises convened this time include the head enterprises in all links of the industrial chain.

Association: The auto market will surge by more than 20% in November.

The Federation said that there were 22 working days in November, which was consistent with the number of working days in the same period last year. In general, November is the third year’s sales volume, second only to December at the end of the year and January at the beginning of the year, while November 2022 is the eighth year’s sales volume, which leads to great potential for low base and high growth in November this year. What is particularly beneficial to the auto market is the rational decline of the high level of the property market in the past two years. The downward adjustment of the stock interest rate has eased the pressure on the original purchase consumption to squeeze the disposable income of families, and the income of residents’ investment in buying houses fluctuated greatly. As an optional consumer product, the car purchase consumption began to recover rationally, so the retail trend of the auto market in recent months has always exceeded expectations. With the gradual strengthening of the auto market, the confidence of auto companies in their efforts to achieve their annual goals has increased, and the auto market will surge by more than 20% in November.

The National Development and Reform Commission issued the "National peak carbon dioxide emissions Pilot Construction Plan"

It is proposed that by 2025, the pilot cities and parks in peak carbon dioxide emissions will make positive progress in carbon neutrality, and the policy mechanism conducive to green and low-carbon development will be basically established within the pilot scope.

Eleven departments, including the Ministry of Ecology and Environment, recently issued the Action Plan for Methane Emission Control.

It is proposed that during the "Tenth Five-Year Plan" period, the policies, technologies and standard systems for methane emission control have been gradually established, the basic capabilities of methane emission statistics and accounting, monitoring and supervision have been effectively improved, and the work of methane resource utilization and emission control has made positive progress.

Federal Reserve Chairman Powell: The Fed will not hesitate to raise interest rates if appropriate.

The Fed made hawkish remarks. Federal Reserve Chairman Powell said that if the time is right, monetary policy will be further tightened decisively. Federal Reserve Governor Bowman reiterated that further interest rate hikes may be needed.

Yi Huiman: Maintaining the stable operation of the capital market and taking the road of developing the modern capital market with China characteristics.

Yi Huiman, Chairman of China Securities Regulatory Commission said in a keynote speech at the annual meeting of the 2023 Financial Street Forum on the 8th that the tracking and judgment of quantitative high-frequency transactions should be strengthened and the regulatory measures should be improved. Accelerate the cultivation of "smart funds" in China, promote the strength of industry institutions, effectively enhance professional investment capabilities and market leadership, and take our own path.

Shanghai and Shenzhen stock exchanges: guide listed companies to rationally implement refinancing, strictly review the use of raised funds, and strictly control the financing scale.

On the 8th, Shanghai and Shenzhen Stock Exchanges officially introduced specific measures to optimize refinancing and appropriately tighten the refinancing of listed companies. There are five main aspects: strictly limit the refinancing of listed companies with broken or broken net; Strictly require the financing interval of listed companies with continuous losses; Limit the financing scale of listed companies with high financial investment; Require that the previous raised funds have been fully used; Strictly control the refinancing to raise funds to invest in the main business.

The funds released from the adjustment of control indicators will be mainly used for investment banking, market making and other business stocks. The new scale of OTC derivatives needs to be effectively controlled.

A "brokerage DMA business is controlled" quickly fermented on social platforms. It is reported that some brokers did receive a regulatory notice, requiring that starting from November 9, the daily end-of-day quantitative DMA business according to the manager dimension should not exceed the end-of-day scale of November 8. Some insiders explained that the fundamental reason for this move lies in the regulatory requirements for the stable development of capital-intensive specialization of securities firms.

Both NVIDIA and Intel plan to launch improved AI chip NVIDIA products in China market or mass production at the end of the year.

It is reported that NVIDIA has developed the latest improved series of chips for China. The latest three chips are improved from H100. NVIDIA will announce them as soon as possible after 16th of this month, and domestic manufacturers will get the products in these days at the earliest. At the same time, Intel is also planning to launch an improved version of Gaudi 2.

Shi Lanwei: The second phase of the Big Fund plans to invest 1.5 billion yuan to subscribe for the company’s fixed shares.

Shi Lanwei announced that the company’s related person, National Integrated Circuit Industry Investment Fund Phase II Co., Ltd. (referred to as "Big Fund Phase II") sent the company a quotation for issuing shares to a specific target, and it plans to invest 1.5 billion yuan to subscribe for the company to issue shares to a specific target in 2022. The final allocation will be subject to the announcement documents such as the subsequent issuance report.

Ping An, China: The report that the company was asked to acquire Country Garden and inherit its debts is inconsistent with the facts. At present, the company does not hold Country Garden shares.

China Ping An issued a clarification announcement that the report that it was asked to acquire Country Garden and inherit its debts was not true. At present, the company does not hold Country Garden shares.

Re-financing has caused controversy. HHLR, a subsidiary of Gaoying, was investigated for reducing Longji Green Energy.

Longji Green Energy announced that HHLR Management Co., Ltd., a shareholder of the company, received a notice issued by the China Securities Regulatory Commission, and the China Securities Regulatory Commission decided to investigate HHLR Management Co., Ltd. for allegedly transferring Longji Green Energy shares in violation of restrictive regulations.

Yu Chengdong, Huawei: The number of M7 customers is 87,000, and the number of M9 customers is over 30,000.

At the release of Huawei’s smart travel solution and the pre-sale meeting of Smart World S7, Yu Chengdong, chairman of Huawei’s smart car solution BU, said that up to now, the cumulative delivery of the M5 has exceeded 120,000 units, the M7 has definitely broken 87,000 units, and the booking volume of the M9 has exceeded 30,000 units. "We are making every effort to increase production capacity, so I hope you will wait patiently, because the order volume is indeed much higher than expected."

Tesla China raised the price of Model Y long battery life version by 2,500 yuan to 302,400 yuan.

Tesla’s German factory will produce a new car with a price of 25,000 euros, which will greatly lower the price of Tesla’s cheapest model in Europe.

OpenAI held the first developer conference and launched a user-defined version of ChatGPT.

OpenAI launched a user-defined version of ChatGPT. At the first developer conference held on Monday, OpenAI also said that it will launch a preview version of the latest GPT-4 Turbo, which is a more powerful and faster version of the big language model that supports the company’s technology.

ASML, a giant in mask aligner, the Netherlands: He is very optimistic about the business in China next year.

During his stay in China International Import Expo(CIIE), ASML, the global senior vice president of Dutch mask aligner giant, said that the business in China, ASML has grown rapidly this year. It is expected that China will account for more than 20% of ASML’s global revenue in the whole year, and he is also very optimistic about his business in China next year.

TSMC: Net income in October increased by 34.8% from the previous month and 15.7% from the same period last year.

TSMC announced today that its net income in October 2023 was NT$ 243.2 billion, up 34.8% from September 2023 and 15.7% from October 2022.

This article comes from: financial circles

First financial news, AITO is speeding up the listing of new cars. Huawei Terminal announced on September 10th that it will release the new M7 five-seat car on September 12th. With the release of new cars, the matrix of AITO vehicles will include M5, M5 pure electric version, M5 intelligent driving version, M5 pure electric intelligent driving version, M7 and M7, and it is planned to release M9 in the fourth quarter.

AITO Wenjie is a brand jointly launched by Huawei and Cyrus. At present, there is a big gap between the sales volume of the industry and the new force of making cars on the head. As a representative of Huawei’s intelligent car selection model, Huawei urgently needs to prove its ability to ask for cars.

In August, the sales of nine new car-making forces, including Ai ‘an, Ideality, Weilai and Deep Blue, all exceeded 10,000, and the delivery volume of AITO was 5,018.

In the case of sluggish sales in the world, Huawei’s auto business has shown signs of being more enterprising recently. In addition to speeding up the listing of new cars, in June this year, Huawei also received 21 "Jiejie" trademarks, which was interpreted by the industry as that Huawei will have the leading role in Jiejie trademarks and become a unified brand name for Huawei’s smart car selection model in the future. In July, the "AITO Joint Working Group on Marketing and Service" set up by Cyrus Auto and Huawei began to be fully responsible for the end-to-end closed-loop management of marketing, sales, delivery, service and channels, marking the strengthening of cooperation between the two parties. From the perspective of products in the second half of the year, the new M7 and M9 models are undoubtedly the most concerned.

Cross-border sales are under pressure

Yu Chengdong, managing director of Huawei, CEO of BG and CEO of BU, a smart car solution, has previously revealed some information about the new M7 model. According to Weibo, the model has 3338mm interior space and 686L trunk volume. Yu Chengdong also highlighted the safety attributes of the new M7. In addition, the M9 full-size SUV will also be launched at the end of the year.

The launch of new cars is very important for the international community to boost sales. Since the beginning of this year, international sales have been under pressure. According to the production and sales data of Celestial, the sales of Celestial cars in July and August this year dropped by 45.69% and 67.52% year-on-year, which contributed to the year-on-year decline in sales in the first eight months of this year. The reporter learned from the Celestial Securities Department that in its production and sales express, the source of Celestial automobile sales is mainly from the world.

"In the first quarter, the promotion of the automobile industry caused users to have a wait-and-see mood. The user’s expectation that the M5 version will be released in the second quarter has a certain impact on the sales of existing models." Cyrus explained the reason for the decline in sales in the first half of the financial report.

AITO WeChat official account also stopped disclosing monthly delivery this year. According to the scattered data, AITO delivered 4,585 new cars in April this year, 5,629 in May and 5,018 in August, and there is no good news that the monthly delivery has exceeded 10,000. Compared with last August, the delivery volume of the industry exceeded 10,000 vehicles, reaching a peak of 12,000 vehicles in October.

According to the data of the Association, in the ranking of wholesale sales of new energy passenger cars in August this year, Sailis sold 5,018 vehicles, which did not rank among the 20, lagging behind the new car-making forces with monthly sales exceeding 10,000, such as Guangzhou Automobile Ai ‘an, Ideality, Weilai, Zero Run, Tucki and Nezha.

While the sales volume problem is anxious, Cyrus and Huawei have not tasted the sweetness in performance since the delivery. In 2022, thanks to the higher selling price of M5 and M7 and the increase in sales volume, the revenue of Cyrus doubled year-on-year. However, due to the increase in sales expenses and investment in R&D, the loss doubled year-on-year, reaching 3.832 billion yuan. In the first half of this year, Cyrus did not turn losses, and its revenue also decreased by 11.14% year-on-year.

It is also doubtful how much performance increment the car business can bring to Huawei. In 2022, Huawei’s smart car solution business revenue was 2.077 billion yuan, accounting for only 0.3% of the total revenue. If the cumulative investment of smart car solution BU is 3 billion US dollars, the business is still losing money. In the first half of this year, the smart car solution business revenue was 1 billion yuan, equivalent to half of last year’s annual revenue, and it seems to be standing still.

Yu Chengdong is under a lot of pressure whether it can bring the sales volume of the industry together and set a benchmark for Huawei’s car business. Since the beginning of this year, Yu Chengdong has been a frequent platform for the world, and its Weibo has twice mentioned that it has spent a lot of money on the new M7 model, saying that this model has "newly invested 100 million yuan to upgrade its interior and exterior" and "spent 500 million yuan to upgrade and build it". In July, Yu Chengdong warmed up the new M7 at the exchange meeting with distributors and suppliers, and in August, he appeared at Chengdu Station to promote the model.

Regarding the sales volume, Yu Chengdong previously responded that the sales volume is only the result of a certain development stage, and what is reflected behind it is actually the relationship with users. Due to lack of experience and experience, I took some detours. At this time, I need to give full play to my own advantages, be determined, and insist on making the ultimate products. Yu Chengdong revealed that in the face of external shocks, the company will speed up improvement, such as optimization in retail, service, delivery and other fields this year, and at the same time optimize the mechanism, increase unannounced visits to stores and other means to enhance the overall service capacity.

Adjustment of cooperative relationship

Since the beginning of this year, it has been frequently speculated that Huawei is devoting itself to building cars, and there are even rumors that Huawei BU wants to seek independence. The root cause of the rumors is that Huawei’s car business has not brought obvious increase and its development prospects are still unclear. In fact, outside Celeste, which has the deepest cooperation with Huawei, many car companies are considering cooperation with Huawei, and the cooperation relationship has undergone adjustment.

At present, the cooperation between Huawei and car companies is divided into three categories, namely vertical parts supply, HI(HuaweiInside) and Huawei Intelligent Selection. HI mode provides full-stack smart car solutions for car companies, and Huawei Intelligent Selection mode is deeply involved in product definition, styling design, marketing and user experience. The cooperation depth of these three models is from shallow to deep.

In the cooperation between car companies and technology manufacturers, who has the "soul" is a controversial issue, especially for Huawei, which has always been strong in product control, car companies will inevitably choose carefully. Some auto industry analysts told reporters that with the competition of new energy vehicles entering the second half, profits will gradually tilt towards electronicization and intelligence, and automakers are wary of cooperation with technology manufacturers.

In March this year, Guangzhou Automobile Ai ‘an AH8 project changed its HI cooperation mode with Huawei and changed it into a component supplier mode. AH8 will be independently developed by Ai ‘an. Some car companies have made two preparations. In April this year, the cooperation mode between BAIC Extreme Fox and Huawei changed from HI mode to intelligent car selection mode. At the same time, BAIC started its own research. At the end of August, Beiqi polar fox koala opened for pre-sale, and this model is positioned as the world’s first smart parent-child car. The reporter learned from Beiqi Blue Valley Securities Department that koala has no cooperation with Huawei. In addition, Chery, Jianghuai and Huawei have cooperated in car selection. Among them, Chery and Huawei have jointly launched a number of smart electric vehicles, and Chery is also developing an independent new energy brand iCAR.

Huawei is aware of the challenges it faces. At the "China Electric Vehicle committee of 100 Forum 2023" in April this year, Yu Chengdong said frankly that among domestic partners, new forces are unlikely to choose Huawei intellectually, international giants will not choose it for some reason, and traditional car companies will not choose it if they are afraid of losing their souls, which makes Huawei face great challenges.

Even in the face of the dynamic adjustment of the cooperative relationship with car companies, in recent years, when Huawei emphasized the stability of cash flow and gave up heavy assets to enter the automobile production, Huawei still responded many times and denied the path of building cars independently. At the beginning of this year, Ren Zhengfei, founder and CEO of HUAWEI, issued a decision announcement, stressing that "Huawei" or "Huawei" should not be used in vehicle promotion and appearance, and the time limit of "Huawei does not build cars" should be extended by five years.

Under this circumstance, in the limited cooperation with car companies, how Huawei can achieve the maximum benefit and the most ideal commercialization goal has become a core issue. In August, it was reported that Huawei made strategic adjustments to its BU business to reduce investment in non-core business and put money to the cutting edge. However, Huawei officials did not respond to this news.

In terms of business strategy, in the foreseeable time, the high probability of asking the world will still be the most important force point of Huawei’s car business. The new M7 and M9, which will be released on the 12th, will become the biggest concern of the international community in the second half of the year.

Original title: Q will release the new M7 model. How long will Huawei "build a car" window?

According to the plan, three new cars will be launched this year, including a medium-sized SUV and a medium-sized SUV, in addition to the pre-sale D9. Recently, Zhao Changjiang, general manager of Tengshi Sales Division, has also started to preheat medium-sized SUVs on his personal social platform, and the new car is positioned as a luxury and fashionable five-seat SUV. The online auto market has obtained a set of road test spy photos of Tengshi X. The new car is not excluded as a shell test car of a new medium-sized SUV, and will replace the existing Tengshi X in the future. With reference to Tengshi’s pricing strategy, it is estimated that the starting price of the new car may be around 300,000 yuan.

ten past six p.m.[The first shot of price reduction after the Spring Festival! BYD Qin entered the price range of 70,000 yuan] On February 18th, Wang Chuanfu, chairman and president of BYD Co., Ltd., said at the Guangdong High-quality Development Conference: "At present, the transformation of the automobile industry has entered the deep water area, and the electrification transformation continues to drive in the fast lane, and the intelligent transformation begins to shift gears to speed up. The development of new energy vehicles will only run faster and faster, and will not give us the opportunity to stop, slow down and catch our breath. "

One day later, BYD announced the launch of two models, Qin PLUS Glory Edition and Destroyer 05 Glory Edition, and the starting price dropped to 79,800 yuan. It is worth mentioning that in February, 2023, a year ago, BYD and Tesla both launched a price war, among which Qin PLUS DM-i version reduced the price to less than 100,000 for the first time. The price offensive also made Qin PLUS the best-selling product in China A-class car market in 2023, with cumulative sales exceeding 400,000 vehicles last year.

After this price reduction, the starting version of Qin PLUS Glory Edition has created a new low in the price of plug-in hybrid cars of the same level in the industry, which is close to the price of joint venture and independent fuel cars such as Buick and Changan. The reporter also learned that BYD’s price cuts have attracted close attention in the industry, and many car companies are studying countermeasures, and it is not ruled out that they will follow up the price cuts.

The difference between BYD Tang dm and dmi is the power system. Tang dm is equipped with 2.0T+ plug-in hybrid, while Tang dmi is equipped with 1.5 plug-in hybrid. There are some differences in power between the two cars.

BYD Auto is an automobile manufacturer with independent research and development, independent production and independent brand, and is committed to producing national cars with good quality and low price. In terms of product design, BYD Auto combines the international advanced design concept and the aesthetic concept of China culture to create a unique model.

The brand identity of BYD Auto has also changed. The new logo no longer uses the original blue and white colors, the pattern is changed to an oval shape, and light and shadow elements are added, so the font and graphics have changed greatly. This change highlights the essence of BYD’s innovation, technology and corporate culture, and injects new connotation and vitality into the brand.

When choosing Tang dm and dmi, consumers need to decide according to their own needs and budgets. The 2.0T+ plug-in hybrid system equipped by Tang dm can provide stronger power performance, while Tang dmi is equipped with a more economical and practical 1.5 plug-in hybrid system. If you pay more attention to dynamic performance, you can choose Tang DM; If you pay more attention to economy and environmental performance, you can choose Don dmi.

In a word, there are differences between BYD Tang dm and dmi in power system, and consumers can choose their own models according to their own needs. At the same time, BYD will continue to adhere to the development route of independent research and development, independent production and independent brand, and constantly introduce more high-quality and innovative automobile products.

　　[car home domestic spy photos] Recently, we got a set of interior spy photos of Haval’s brand-new plug-in hybrid SUV "(|)" from netizens. From the photos, we can see that this car will have three central control screens, and its configuration and sense of technology are very good.

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　　Friendly reminder:I hope enthusiastic netizens can photograph the spy photos of your new car and send them to our corresponding mailbox: diezhao@autohome.com.cn. I look forward to your letter and become a member of the "spy".

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　　The interior of this car is photographed in black and white, and the overall look is quite simple and refreshing. And as can be seen from the picture, there is a huge screen on the center console, which we expect will bring a good entertainment experience to the co-pilot position.

　Below the center console, the physical buttons of new cars are mainly concentrated here, and the number is also small, which is consistent with the design trend of "big screen, few buttons" of current models. In addition, you can also see two mobile phone wireless charging areas. Similarly, according to the current trend, these two charging panels may support 50 watts of wireless fast charging.

　　When you come to the back row, you can see that there is an air conditioning air outlet in the back row of the car, but it is not a version with adjustable independent temperature zone, and a USB charging interface configuration will be placed under the air outlet. In addition, judging from the pictures taken, the performance of the rear space of the car should also be good, and the floor is relatively flat.

　　According to the declaration map we obtained from the Ministry of Industry and Information Technology, the design of the new car is different from that of the current Haval model. The 7-shaped headlights are very unique, with a borderless front grille, which highlights the sense of technology. In addition, the new car has a more wild front face to choose from, and the style is more changeable. In terms of body size, the length/width/height of the new car are 4758(4771)/1895/1725mm respectively, and the wheelbase is 2800mm, or it is positioned as a medium-sized SUV.

　　In terms of power, the new car is equipped with a plug-in hybrid system consisting of a 1.5L engine and a motor, in which the maximum power of the engine is 85kW. The battery is the ternary lithium battery of Guoxuan Hi-Tech. From the tail mark, the new car or lemon DHT technology equipped with the Great Wall is expected to have a good performance in fuel consumption. We will continue to pay attention to more news about the new car. (Text/car home Luo Aoyu)

According to the official news, since the new M7 was officially launched and delivered on September 12th, it has exceeded 70,000 units in 45 days, which is half a month ahead of the time when it exceeded 60,000 units on October 15th. The new M7 in Wenjie has launched five models, with the price range of 249,800 yuan to 329,800 yuan.

As a modified model, the appearance of the new M7 has not changed much from that of the old model. The main change is that the MAX version updates and upgrades the AGS active intake grille, which optimizes the drag coefficient of the whole vehicle by 11%. In addition, the new car has added a side-looking camera at the front fender and adopted Huawei ADS 2.0 advanced intelligent driving system.

The body size of the new M7 is 5020mm (length) × 1945mm (width) × 1760mm (height), and the wheelbase is 2820mm. The rim is available in 20-inch and 21-inch specifications, and the body color has added ice crystal silver. In addition, the new car can also be equipped with electric pedals, electric suction doors and luggage racks with built-in network antennas. In terms of storage space, the trunk volume of the five-seat model is 686 liters, which can be expanded to 1619 liters at the maximum, and the trunk length of the six-seat model is increased by 46 mm.

In terms of interior, the overall design of the new M7 basically continues the old model, and only the color of the steering wheel is fine-tuned to keep it consistent with the theme color in the car. The new car is equipped with a 10.25-inch curved full LCD instrument panel and a 15.6-inch central control panel, with a built-in HarmonyOS intelligent cockpit system. In addition, the new car is also equipped with independent air conditioning in three temperature zones.

The new car comes standard with four seats and is equipped with ventilation, heating and massage functions. In addition, the new car is equipped with Huawei’s in-vehicle smart screen system, and the rear row can support two sets of Huawei’s in-vehicle smart screen systems, supporting functions such as front and rear multi-screen connection and interaction, car control, and supporting various scenes such as education, office, entertainment and games.

In terms of power, the new M7 in Wenjie is equipped with an extended-range power system consisting of a 1.5-liter four-cylinder turbocharged range extender and a Huawei drive motor, and offers two-wheel drive and four-wheel drive options. Among them, the maximum power of the range extender is 112 kW, and the maximum power of the rear axle drive motor is 200 kW; The four-wheel drive model also adds a driving motor with a maximum power of 130 kW to the front axle. The new car has a comprehensive cruising range of 1,300 kilometers under CLTC, a pure electric cruising range of 240 kilometers, a fuel consumption of 5.6 liters per 100 kilometers under feed condition, and an acceleration time of 4.8 seconds per 100 kilometers for the four-wheel drive model. In addition, the new car has also upgraded the chassis, equipped with front and rear suspension double FSD variable damping shock absorbers.

　　Dr. Michael Hafner, head of driving technology and autonomous driving of Daimler AG, said: "As a pioneer in the field of autonomous driving, this project is ready for mass production of automatic parking service in the future." It is understood that the automatic parking service service can be realized through smart phone applications without the supervision of safety drivers.

　　With the arrival of the "new four modernizations" with electrification, intelligence, networking and sharing as the core, autonomous driving has gradually become a field actively explored by the automobile industry; The increasing competition among enterprises has also promoted the spread and expansion of autonomous driving towards more subdivided fields.

　　On July 23rd, Daimler and Bosch jointly reached a new milestone in the field of autonomous driving: the two companies have been approved by the relevant departments of Baden-Wü rttemberg to use the automatic parking service system in the parking lot of Mercedes-Benz Museum in Stuttgart.

　　"The approval of the relevant departments of Baden-Wü rttemberg has set a precedent for other parking lots around the world to be approved to provide automatic parking services in the future." Dr. Michael Hafner, head of driving technology and autonomous driving of Daimler AG, said: "As a pioneer in the field of autonomous driving, this project is ready for mass production of automatic parking service in the future."

　　"This decision of the relevant departments shows that Germany has the ability to take the lead in realizing innovations such as automatic parking service." Dr. Markus Heyn, a member of the board of directors of robert bosch Co., Ltd., said: "Autopilot and automatic parking are important components of future travel. The automatic parking service system confirms the achievements we have made on this development path. "

　　In fact, since the beginning of cooperation, safety has become the primary prerequisite for Daimler and Bosch to jointly develop automatic parking services. Since there was no formal approval process for the unsupervised autopilot function before, experts from the Stuttgart regional administrative department, the Baden-Wü rttemberg Ministry of Transport and the German technical inspection service TüV Rheinland jointly supervised from the beginning of the project, aiming at evaluating the operational safety of vehicles and parking lot technology.

　　It is understood that the automatic parking service service can be realized through smart phone applications without the supervision of safety drivers. Parking service is the first fully-automatic unmanned parking function officially approved for daily use in the world (level L4 of automatic driving classification standard of the International Society of Automata Engineers).

　　In daily life, parking is really a headache. Matthew Nimmo, chief system architect and safety manager of Bosch, said, "Statistics show that accidents caused by parking account for 40% of all traffic accidents, and AVP(Automated Valet Parking) system can effectively reduce accidents."

　　Specifically, the driver will drive the vehicle into the parking lot, get off the bus, and then just click on the smart phone to send the car to the parking space-automatic parking service does not need a driver. When the driver leaves the parking lot to do business, the vehicle will automatically drive and park in the designated parking space. After that, the vehicle will return to the drop-off point in the same way. This process is based on the cooperation between Bosch’s intelligent parking infrastructure and Mercedes-Benz vehicle technology. Bosch sensors installed in the parking lot monitor the vehicle’s driving path and surrounding environment, and provide information needed to guide the vehicle. In-vehicle technology converts commands from infrastructure into driving operations. In this way, vehicles can even go up and down the ramp by themselves and move between the floors of the parking lot. Once the infrastructure sensor detects an obstacle, the vehicle will stop running immediately.

　　In fact, Daimler and Bosch began to develop fully automatic parking technology in 2015; In the summer of 2017, the two sides showed the public the automatic parking service under real conditions for the first time; In September, 2018, parking service technology made its debut in China, and continued to be further tested in the China R&D Center of Mercedes-Benz passenger cars.

　　It is worth mentioning that in July 2018, Daimler became the first international automobile manufacturer to obtain a road test license for self-driving vehicles in Beijing. In the same month, Daimler successively renewed the letter of intent for cooperation with Tsinghua University and signed a memorandum of understanding with Baidu to strengthen strategic cooperation. (Economic Daily-China Economic Net reporter Zhang Wei)

　　On the 22nd, a number of French media reported that French President Mark Long would replace one of his four mobile phones and change the number accordingly due to the "Pegasus" spyware incident.

　　On 20th, French media reported that a mobile phone of French President Macron was invaded by "Pegasus" spyware. Afterwards, the Elysee Palace said that there is no conclusive evidence at present and it will investigate this.

　　Recently, a spy software named "Pegasus" developed by an Israeli company has attracted wide attention. This software is used to secretly monitor the mobile phones of heads of state, members of the royal family, political and business dignitaries and some journalists, with as many as 50,000 monitored phone numbers. (Headquarters reporter Jiang Hua)