CCTV News:Young cars that have returned to the public view due to the "water-hydrogen engine" incident have been screened again recently because Hangzhou Youth Car officially declared bankruptcy. According to the people’s court announcement network, the bankruptcy property of Hangzhou Youth Automobile has been distributed.

According to Tianyancha, Hangzhou Youth Automobile Co., Ltd. was established in June 2008, and its business scope includes stamping parts for passenger cars, wholesale and retail cars, etc. Jinhua Youth Lotus Holding Group Co., Ltd. holds 90% of the shares, and Pang Qingnian, the chairman of the company, has also been included in the untrustworthy list and restricted from spending.

In August this year, Haining Asset Management Company applied to the Intermediate People’s Court of Jinhua City, Zhejiang Province for bankruptcy liquidation of Youth Automobile Group on the grounds that Youth Automobile Group failed to pay off its debts due and clearly lacked solvency, but it was rejected. The court held that some of the core resources of the youth automobile series enterprises have operational value, and the youth group continues to operate, and there is no situation that the assets cannot be realized at all; Although Youth Automobile Group has some difficulties in paying off debts, it is possible to pay off debts through self-negotiation, government assistance and investment introduction.

However, three months later, the youth car is still going bankrupt. According to the announcement of the people’s court’s bulletin board, because the bankruptcy property of young cars has been distributed, in accordance with the provisions of Article 120 of the Enterprise Bankruptcy Law of the People’s Republic of China, the bankruptcy procedure of young cars was ruled to end on October 21, 2019.

According to the announcement, the total distributable bankruptcy property of Hangzhou Youth Automobile is 214 million yuan, of which after bankruptcy expenses, public welfare debts, employees’ labor claims, taxes and payable social security funds, the amount used by Youth Automobile to pay off ordinary bankruptcy claims is 205 million yuan, and the debt repayment rate is 28.47%.

Query on the introduction of hydrogen energy vehicle for water production in Nanyang, Henan Province

In fact, the reason why young cars have attracted much attention is also due to a farce of "Nanyang Hydro-hydrogen Car" in the first half of the year. On May 22 this year, an article entitled "Water-hydrogen engine rolled off the assembly line in Nanyang, and the secretary of the municipal party committee praised it! The article ""sparked a heated discussion on the Internet. It was reported that the hydrogen energy automobile project in Nanyang, Henan Province has achieved the latest results, and "the vehicle can drive only by adding water". In addition to the Nanyang news broadcast, Nanyang Daily on May 23 also published a headline entitled "Water-hydrogen engine goes offline in Nanyang, and the secretary of the municipal party committee likes it!" In the report, it was mentioned that "the water-hydrogen engine is officially off the assembly line in our city, which means that the vehicle-mounted water can produce hydrogen in real time, and the vehicle can run only by adding water." This news quickly caused a heated discussion on the Internet, and many media followed up the report. Some experts think that the technology of water-hydrogen engine is only feasible in theory, but there are big problems in practical application. This project may be suspected of grandstanding. Henan Nanyang Municipal Bureau of Industry and Information Technology said in an interview with the media today that the water-hydrogen engine has not been certified and accepted.

In terms of vehicle appearance, SAIC MAXUS G50 is also very young. In terms of overall design, the overall design of SAIC MAXUS G50 is outstanding, the whole front part looks domineering, the headlights on both sides are quite stylish, and the headlights look very energetic after being lit. Judging from the side lines of the car body, the new car adopts the side waist design, which prolongs the visual effect of the car to a certain extent. The 17-inch rim is stingy in shape and the visual effect is acceptable. In the design of the rear of the car, this model has created a sporty posture, and the details of the taillights have become even better after being redrawn.

Compared with the appearance, the interior of the vehicle is the soul of the brand-new model. The periphery of the T-shaped center console is wrapped in leather, which enhances the sense of class of this car. The front row is also equipped with an automatic air conditioning control system, which can freely debug the most comfortable space atmosphere. SAIC Chase MAXUS G50 is equipped with leather seats.

The length of the car is 4825mm, the width of the car body reaches 1825mm, and the wheelbase is 2800mm, which is quite satisfactory. In the same class, the wheelbase of Datong G50 ranks 6th. As an MPV, its body size does not occupy much advantage in its class, and its internal seating space is only basically enough. After all, it is limited by the length and shape of the body. The 1.5T pilot version of the skylight recommended by Datong G50PLUS Happiness provides a wider view, which can create a better visual environment and good sensitivity for the rear passengers and increase the light intake for the whole vehicle. Among the models of the same price and class, the trunk volume of Datong G50 ranks 7th. The space is relatively regular, without obvious protrusions, and the overall loading capacity is good.

Datong G50PLUS Happiness Recommended 1.5T Pilot Edition adopts 1.5 engine, with maximum horsepower of 181 and peak torque of 285, matching wet dual clutch (DCT) gearbox. It will definitely bring unforgettable control charm. Ranked second among 80,000-120,000 MPV models.

The active/passive safety configuration of Chase G50 is complete, includingAutomatic parking、Zero tire pressure endurance tire、Automatic parking、Steep slope descent、hill start assist control、knee airbag、HUD head-up display、Anti-lock braking (ABS)、Braking force distribution (EBD/CBC, etc.)、Brake assist (EBA/BAS, etc.)、Traction control (ASR/TCS, etc.)、Active noise reduction、Engine start and stop、Side safety air curtain、Wireless charging of mobile phone、night vision system、LED daytime running lights、Forward reversing radar、Tire pressure monitoring、Steering wheel heating、Body stability control (ESP/DSC, etc.)、Rear reversing radar、Fatigue reminder、Remote parking、Child seat interface、Lane keeping (LKAS)Equal configuration.

Among them,Automatic parkingYou can avoid stepping on the brakes for a long time or needing to pull frequently;Steep slope descentCan safely pass through steep slope road conditions at low speed;knee airbagReduce the injury of the car interior to the occupant’s knees in the secondary collision.

In order to have a more comprehensive and objective understanding of the Chase G50, you can go to the Chase G50 forum and browse the messages of users who have bought the car in history.

　　　　 As a brand-new new energy sub-brand under Changan, Deep Blue has only launched the SL03 car since its establishment, but in a steady pace, this car finally achieved monthly sales of over 10,000 in the last month of 2022.

　　　　 Recently, Changan Deep Blue announced the monthly sales of the car. A total of 11,650 vehicles were sold, an increase of 42% month-on-month. …

　　　　 The car is based on the Changan EPA1 pure electric platform, adopts rear-wheel drive, and has three versions: extended range, pure electric and hydrogen electric. The extended range and pure electric are for consumers. After the price adjustment was announced, The current price of the car is 17.19-22 1,900 yuan It rose by 3,000 to 6,000 yuan.

　　　　 A brief review of the car’s design and core selling points shows that its design is rather unique, especially the special style of the tail, which makes it quite recognizable. In addition, the back, frameless windows, and 14.6-inch car screen all appeal to young people.

　　　　 In terms of power, the car’s largest sales volume is the extended range version, which uses a 1.5L Atkinson cycle engine that can output up to 95 horsepower, while the motor responsible for driving the wheels has a maximum power of 160kW and a peak torque of 320N · m. Under the comprehensive operating conditions of CLTC, the pure electric cruising range exceeds 200 kilometers, and the comprehensive cruising range exceeds 1200 kilometers Under the condition of power loss, fuel consumption as low as 4.5L/100km can still be achieved.

　　　　 The pure electric version of the motor is divided into 160 kW and 190 kW, and can achieve the fastest acceleration of 5.9 seconds to break 100. At the same time, lithium iron phosphate and ternary lithium batteries are used, with 515km and 705km battery life versions (CLTC operating conditions). …

　　　　 The popularity of the dark blue SL03 proves that as long as the product is strong enough and the price is fragrant enough, even if it is a newly established brand, many consumers will pay for it.

　　　　

The current mainstream public opinion is that the prospects for joint venture brands are not optimistic. But in the spirit of not abandoning or giving up, there are still many foreign brands ready to take up the ante Chinese market.

Last month we said that the shareholders of Changan Mazda have planned to invest 10 billion continue to build trams in China. Even the waist brand is so fierce, how can the head brand lag behind. This month Mercedes-Benz also announced a major decision, let’s first draw the key points:

· Plans to invest over 14 billion yuan in China with Chinese partners to put into production a variety of local exclusive models in China to accelerate the transition to new energy;

Mercedes-Benz GLE and pure electric long wheelbase CLA based on the MMA platform will be domestically produced next year, and Fujian Benz will produce new luxury pure electric MPVs based on the VAN. EA platform in the future;

The all-new no-map end-to-end smart drive will debut with the new model in 2025.

Sales slump, Mercedes-Benz is tested in China

Among all overseas brands, the German brand is the most dependent on the Chinese market. If other overseas brands dare to say they are giving up the Chinese market, the German brand is the least willing to give up.

Mercedes-Benz’s global sales, the Chinese market sales account for more than 30% of the share. Therefore, Mercedes-Benz’s investment in China up the ante, on the one hand, is of course to continue to be optimistic about the Chinese market, on the other hand, it also shows that the market competition has reached a critical stage of life and death, and the technology of pressing the bottom of the box must be taken out.

Data show that in the first half of this year, Mercedes-Benz’s global overall sales 1.168 million, down 6% year-on-year. Sales of passenger cars were 959,700, down 6% year-on-year. Among them, sales in the Chinese market were 341,500, down as much as 9% year-on-year, and the decline was much higher than that in Europe and North America.

Horizontally, although BBA’s sales in China fell in the first half of the year, Mercedes-Benz’s sales fell the most. BMW fell 4.3% year-on-year in the first half of the year, and Audi fell 2% year-on-year.

There are two reasons. In terms of new energy, although Mercedes-Benz has come up with products in new energy very early, the market performance so far has been unsatisfactory.

The early pure electric models had a poor reputation due to "oil-to-electricity"; although the new EQ series had improved performance, the technology was not as good as that of domestic independent brands, and the pricing still maintained a high brand premium, which made it at a disadvantage in the competition with competitors at the same level in the context of price wars.

In terms of traditional fuel vehicles, the long-wheelbase C-Class and long-wheelbase GLC relied on significant discounts to stabilize sales and achieve year-on-year growth; but another pillar of sales and profits, the Mercedes-Benz E-Class, has just been replaced and is still in the production capacity climbing stage, which has dragged down the broader market.

The decline in sales and the negative effects of the price war have also put Mercedes-Benz’s domestic sales channels under great pressure to lose money. In the past two years, Mercedes-Benz has repeatedly paid to subsidize dealers to stabilize the channel’s military heart.

The good news is that after half a year of climbing, with the gradual release of discounts, the E-Class has returned to the normal level of monthly sales of 10,000 vehicles. In July, the Mercedes-Benz E-Class has regained the sales champion in the luxury medium and large car market. But new energy is still the biggest challenge for Mercedes-Benz to face. And the basic disk of Mercedes-Benz fuel vehicles is also under great pressure. Not only does it need to reduce prices to ensure sales, but the luxury reputation and value are also being tested.

The new plan still faces many challenges

Looking at Mercedes-Benz’s official announcement plan in detail, there are still several issues to be observed.

In terms of user experience, the next few upcoming domestic models all emphasize that they are China’s local R & D team and customized for the Chinese market, demonstrating Mercedes-Benz’s sincerity in attaching importance to Chinese user requests.

However, the so-called "local research and development" and "Chinese exclusive customization" models launched by car companies in recent years have received mixed reviews. In particular, some models that were once regarded as classics by car fans often lose their original characteristics after being replaced and changed, and are easily sprayed because of "domestic special supply".

Secondly, in the field of pure electricity, domestic brands are still leading and joint venture brands are catching up. Even if foreign brands come up with the latest technology, there is still a gap with domestic brands.

Take the CLA-class concept car that has been unveiled before, for example, the comprehensive energy conversion efficiency is 93%, the battery life is 400 kilometers in 15 minutes, and the energy efficiency performance of 12 kWh/100 kilometers is very good in the existing product lineage of Mercedes-Benz, but it has not yet reached the leading level among a large number of domestic new energy sources.

Finally, the domestic Mercedes-Benz GLE has long been the imaginary enemy and benchmark in the PPT of many domestic luxury new energy vehicles. For example, Ideal, Ask the World, NIO, etc., they have surpassed the second-tier luxury brands in terms of brand and sales, and have begun to approach the BBA. In terms of price, they have always had the advantage of domestic cars.

After the localization of the domestic Mercedes-Benz GLE, after all, still have to bear the task of profit, pricing can not be too radical. The current import GLE market end point price is about 60-700,000, the domestic GLC is in the 40-500,000 range, so the domestic GLE is likely to fall to about 500,000, it is difficult to say that there is an absolute attraction in the face of domestic new luxury.

The final end-to-end smart driving, Mercedes-Benz still needs to race against time. Domestic new energy brands have begun to shift to end-to-end smart driving on a large scale this year, and have devolved pure visual smart driving solutions to various price segments. For example, the price of Xiaopeng MONA M03 using pure visual solutions is only below 200,000 yuan. Equipped with Huawei pure visual smart driving, it will be on the bus in many brands such as Wenjie and Deep Blue. High-end end-to-end ADS 3.0 is also being popularized one after another.

By the time Mercedes-Benz’s end-to-end smart car launches in 2025, even if the technology and experience can compete, there is no preconceived advantage in the user’s mind.

Conclusion:

Cowardice before battle is a taboo for military experts. Overall, although facing many difficulties in the Chinese market, Mercedes-Benz continues to invest heavily in the Chinese market at this stage, indicating that it still has confidence in its own development in the Chinese market.

It’s just that the current Chinese market value standards and price system have changed. The era of luxury brands making money lying down has passed, and the old-fashioned things can no longer be played. This means that Mercedes-Benz needs to face up to this change. The most important thing next is to see if the new product can restore the confidence of the market and users in Mercedes-Benz, so that users can re-enter the arms of Mercedes-Benz.

[Autohome Luoyang Discount Promotion Channel] brings you the latest good news. Popular models are being promoted in Luoyang with unprecedented intensity. In this promotion, car buyers can enjoy high discounts of up to 40,100 yuan, which has reduced the minimum starting price of the Blue Electric E5 to 99,800 yuan. This is undoubtedly a rare opportunity for consumers to buy a car. If you are interested in the Blue Electric E5, be sure to seize this opportunity and click "Chatti Car Price" in the quotation form to get more attractive car purchase preferential policies. Don’t miss this good time to save money and realize your car purchase wishes!

The exterior design of the Blue Electric E5 shows the style of modern urban feeling and technology fusion. Its front face adopts a unique grille design with smooth lines, which not only enhances the visual impact, but also effectively optimizes the aerodynamic performance. The overall style is exquisite and dynamic, showing careful carving of details and forward-looking thinking of future travel methods.

The side lines of the Blue Electric E5 are designed smoothly, with a body size of 4760mm x 1865mm x 1710mm and a wheelbase of 2785mm, giving it excellent interior space and driving stability. The front and rear wheelbases are 1585mm and 1580mm respectively, ensuring a good driving balance. The tire size adopts 225/55 R18, and it is paired with a dynamic wheel design, which not only provides a solid grip, but also adds a sporty atmosphere to the vehicle. Overall, the side shape of the Blue Electric E5 reflects both practical functions and fashionable aesthetics.

The interior design of the Blue Electric E5 focuses on both practicality and comfort, showing the perfect fusion of refinement and technology. The 12.3-inch central control screen stands in the center of the cockpit, clearly and intuitively displays vehicle information and multimedia functions, supports automatic speech recognition control, and is convenient for users to operate navigation, telephone, air conditioning and sunroof. The steering wheel is made of leather material, providing a good grip, and supports manual up and down adjustment to ensure that the driver can stay comfortable in various driving scenarios. In terms of seats, the Blue Electric E5 is made of imitation leather material. The seats mainly support front and rear adjustment, backrest adjustment and high and low adjustment, providing passengers with a multi-dimensional comfortable experience. The front and rear rows are equipped with a USB/Type-C interface to meet the charging needs of passengers and entertainment connections. Whether it is the driver’s touch operation or the passenger’s convenience needs, the interior of the Blue Electric E5 reflects the intention.

The Blue Electric E5 is equipped with a 1.5L four-cylinder engine with a maximum power of 81 kilowatts and a maximum torque of 135 Nm, providing a solid power output for the vehicle. With the E-CVT continuously variable transmission, this engine achieves the perfect combination of high efficiency and smooth driving experience.

Summarizing the evaluation of the Autohome owner, the Blue Electric E5 won his praise for its excellent ride comfort and spacious interior space. The seven-seat design fully meets the needs of family travel, and the high-end atmospheric appearance adds a sense of dignity. The owner’s satisfaction with the vehicle is evident, and I believe that the Blue Electric E5 will definitely bring a satisfactory driving experience to more users who pursue quality life.

　　Shanghai Stock Exchange ChinaNetwork News (Reporter Yu Liyan) Lantu Automobile recently launched the brand’s first global car – Lantu Friend, and announced the English name of Lantu Friend: "Courage".

　　"We have the strength, confidence and courage to let Lantu’s confidant be seen by confidants all over the world," said Lu Fang, CEO of Lantu Automobile. As the first model built by Lantu based on a new generation of self-developed pure electric platforms, Lantu’s confidant is a high-end pure electric SUV carefully built by Lantu Automobile with a global vision and standards, gathering the world’s top technologies. The new car has been announced in 4 versions, and the pre-sale price range is 209,900 – 266,900 yuan.

　　According to the plan, the global version of Lantu Zhiyin will also be released overseas at the Turin Auto Show in Italy. According to relevant people of Lantu Auto, unlike in the past, Lantu Zhiyin, as the first global pure electric model launched after Lantu released the Lets VOYAH "Co-Lantu" overseas strategy, has been positioned as a global car and a world car since the beginning of research and development. After the recent launch, Lantu Zhiyin and Lantu Zhiyin Global Edition will be shipped to Chengdu and Italy simultaneously. It can be said that this car marks a new stage in the development of Lantu Auto. By 2030, Lantu Auto will expand to six continents, enter 60 countries around the world, build 500 sales and service outlets, and exceed 500,000 overseas sales.

　　Lantu Automotive R & D personnel are introduced.In terms of power, Lantu Zhiyin uses Sandian’s new technology to solve pure electric concerns, with a 901-kilometer long battery life and a global 800V high voltageThe platform, as well as 5C super fast charging, especially the 5C super fast charging technology, can achieve a 15-minute battery life of 515 kilometers.

　　In terms of smart driving, Landu Zhiyin is equipped with NOA high-speed pilot assistance system, with 5 millimeter-wave radars, 10 cameras and other hardware. The high-end intelligent parking system of the new car provides full-scene RPA remote control parking, APA full-scene automatic parking, RDA tracking reversing, and RVM remote car moving functions. In the smart cockpit, Zhiyin is the first pure electric SUV under Landu equipped with Landu’s happy cockpit.

Autohome Jinhua preferential promotion channel brings you the latest news. The flagship model of Hongqi Automobile, EH7, is in full swing in the Jinhua market at an amazing discount. As a high-profile luxury car, it is currently offering a discount of up to 30,000 yuan, and the minimum starting price has been reduced to 199,800 yuan, bringing consumers an unprecedented opportunity to buy a car. If you are interested in this car, don’t miss this once-in-a-lifetime opportunity, click "Chatty Car Price" in the quotation form to seize the opportunity to get higher discounts.

The Hongqi EH7 shows a noble style with its exquisite body proportions, with a length of 4980mm, a width of 1915mm, and a height of 1490mm showing solemnity and strength. The 3000mm wheelbase ensures a spacious and comfortable interior space, and the front and rear wheels are 1645mm and 1655mm respectively, providing a solid foundation for driving stability. The tire size is 245/50 R18, and the front and rear wheels are of the same specification. With a dynamic rim design, it not only enhances the overall visual effect, but also reflects its attention to detail.

In terms of interior, Hongqi EH7 shows first-class luxury quality and technology. The steering wheel wrapped in exquisite leather provides a comfortable grip and supports manual up and down + front and rear adjustment to ensure the best operation experience for the driver. The 15.5-inch high definition central control screen integrates convenient functions such as multimedia system, navigation, phone and air conditioning, making it easy for users to control vehicle information. As for the seat, it adopts a mix and match design of imitation leather and leather/fur materials to provide a comfortable and high-end riding experience. The front seat is not only equipped with heating and ventilation functions, but also has headrest speakers, allowing drivers to enjoy independent music experience. The driver’s seat is also equipped with electric memory function to ensure a personalized driving experience. In addition, the rear seat supports proportional reclining, which brings greater space flexibility to passengers.

The engine on the Hongqi EH7 is characterized by its powerful performance, with a maximum power of 253 kilowatts, providing the driver with surging power. At the same time, the maximum torque of this engine has reached 450 Nm, which not only guarantees the acceleration performance of the vehicle, but also ensures excellent handling in various driving scenarios.

Overall, the Hongqi EH7 has won high praise from its owners for its excellent driving experience. The owner particularly emphasized the vehicle’s strong power and precise steering, making the driving process smooth and confident. And its excellent chassis adjustment allows the vehicle to perform well in the face of complex road conditions, achieving a perfect combination of comfort and stability. Such product features undoubtedly make the Hongqi EH7 stand out among many luxury cars and become an ideal choice for the pursuit of high-quality driving pleasure.

Hot news briefing

The tariff-free parts made in China were rejected by the United States

Sales in China have declined significantly, accelerating channel sinking

MIIT issues notice on the safety investigation of new energy vehicles

The city officially released the first batch of autonomous driving road test licenses

35,000 charging pile, global charging platform layout in China

The Group established a joint venture sales company with Mansour Group

NavInfo obtains autonomous driving road test license

Ninth Announces Investment in Battery Management System Providers

Or will "resurrect" the brand with electrification

1 billion Euro, German Economy Ministry funds three battery alliances

These policies affect car life

[Lifting the restrictions on light and micro new energy cargo transportation] Recently, the traffic police released the news that the regional restrictions on vehicles passing through the urban area were lifted, allowing vehicles not to be managed as a class of ordinary light trucks. They did not need to go through the "traffic police vehicle traffic filing system" for filing and were not subject to the restrictions. This means that the previous policy of prohibiting traffic on 20 roads in the urban area ended, and cars were granted the right of way in and out of the urban area. Become the first in Shandong Province to lift the restrictions on vehicles.

The Anhui Provincial Government recently issued the "Notice of the People’s Government of Anhui Province on the Implementation of National Phase VI Motor Vehicles", indicating that Anhui Province will implement National Phase VI on July 1, and National V emission vehicles purchased before July 1 (excluding the day) can be registered before October 1 (excluding the day).

[China Circulation Association Proposes Adjustment of Value-Added Tax] In order to promote the market operating environment, the China Circulation Association recently submitted a "Proposal Letter on Adjusting the Transaction Value-Added Tax Policy" to the Ministry of Finance. In the "Proposal Letter", the China Circulation Association proposes to change the full amount of value-added tax in existing transactions to the difference of value-added tax, or give distribution enterprises a three-year tax exemption policy.

These brands are launching new cars

Sold 5.29-7 8,900 yuan, Southeast A5 wing dance country sixth edition listed

　

A few days ago, the sixth version of the model officially launched, the new car launched a total of 7 models, the price range is 5.29-7 8,900 yuan. Compared with the current five models, the new car has no change in appearance, interior and configuration, only equipped to meet the sixth, while the whole series of car names are updated to the latest naming method.

Sold 12.78-17 6,800, GAC Honda’s new bizhi listed

　

On June 18, the mid-term model was officially launched. The new car launched a total of 6 models with 1.5L and 1.5T power, and the price range is 12.78-17 6,800 yuan. Compared with the current model, the new model has been fine-tuned in appearance, the configuration has been upgraded, and the current 1.8L model has been replaced by the 220TURBO model equipped with 1.5T, and it meets the national six.

Sold 9.99-12 3,900 yuan, the new Polo Plus launched

　

On June 18, the new generation of Polo Plus was officially launched. The new car is positioned as a small car and is built on a platform. In terms of power, it provides a 1.5L naturally aspirated, with 5-speed manual and 6-speed manual. The new car launched a total of four models, priced at 9.99-12 3,900 yuan.

25.07-25 4,700 yuan, Peugeot 508L special edition listed

　

A few days ago, it was announced that the night version and the X Phoenix version were officially listed, and the new car was priced at 250,700 yuan and 254,700 yuan respectively. The new car is based on the theme of the famous Marvel comic adaptation of the movie X-Men: "X-Men: Black Phoenix".

32.97-46 9,700, the new Cadillac XT5 is available

　

On June 17, 2019, the mid-term model was officially launched. The new car launched a total of 6 models, and its price was 32.97-46 9,700 yuan. Compared with the current model, the new XT5 has been slightly adjusted for the appearance, and is equipped with 2.0T with closed cylinder technology, so that it can realize double cylinder operation under low load conditions.

These car companies have ups and downs

Negotiations are drawing to a close, with Volkswagen partnering with Ford on autonomous driving

　

Recently, according to foreign media reports, negotiations with Argo AI and its subsidiary on autonomous driving cooperation are nearing completion, and an agreement may be announced as early as July. The report further pointed out that the two manufacturers value Argo AI at about $4 billion.

Up 10% year-on-year, domestic pickup truck sales 174,000 from January to May

　

In the context of the overall market decline, maintaining double-digit growth is regarded as one of the potential market segments. Data show that the domestic end point insurance volume was 30,400 vehicles in May, an increase of 1.76% year-on-year. From January to May, the end point insurance volume was 174,000 vehicles, an increase of 10.14% year-on-year.

The first model of Chinese Express will be produced at Dongfeng Yueda Kia

　

On June 17, Chinese, Yueda Group, reached a strategic cooperation, Chinese and will set up a joint working team to further determine the industrialization implementation plan and production cooperation model. In the future, the first model of Chinese will be in production and is planned to be mass-produced and sold in 2021.

The name was approved, and FAW Audi Sales Company was established shortly

　

One year and three months after the announcement, the sales limited liability company, which was originally scheduled to be established by the end of 2018, has finally made progress. Recently, in the "Announcement on Enterprise Name Approval of the State Administration for Market Regulation" issued on May 22, 2019, the name of "sales limited liability company" has been listed.

Reached a cooperation with Qianjiang "Domestic Harley" will be offline next year

　

Recently, Qianjiang Motorcycle announced that American motorcycle manufacturer Harley-Davidson has reached an agreement with Qianjiang Motorcycle, which is controlled by the group, to produce a 338cc small Harley motorcycle in China and is expected to start selling it by the end of 2020.

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.

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.