Dong Mingzhu dispels doubts about Gree’s car-making: What is needed is new energy technology.

  Everyone seems to have guessed wrong about Sister Dong’s wishful thinking. "I don’t want to build a car. I want new energy technologies. If it is just to build a car and to build Gree’s next 100 billion, then the cooperation between Gree and Yinlong is blind." Facing the media’s doubts about Gree’s car-making, Dong Mingzhu’s "irrelevant answer" made the audience stunned. On August 23rd, Gree Electric (000651.SZ) held a media meeting on the plan of acquiring Yinlong New Energy and supporting fund-raising after 32 announcements brought multiple benefits. Gree Electric CEO Dong Mingzhu "Dong Dajie", with senior executives from both sides, answered questions about Gree’s car-making for the first time.

  Dong Mingzhu is 62 years old this year and is the spiritual leader of Gree. On the day of the press conference, Dong Mingzhu wore a long skirt and kept a shallow smile, looking in a good mood. The day before, she was still in Chengdu to discuss the bus order between Yinlong and the local government, and she didn’t see a trace of fatigue. Holding a Gree mobile phone in her hand, she answered hit the floor when the reporter was speaking, accompanied by a signature passionate and powerful gesture. Before the interview, Dong Mingzhu specially asked for a "temporary" video about Gree’s automatic production.

  Of course, there is also a paragraph about Gree mobile phones as always. "Take photos with me with Gree mobile phone." Say that finish, Dong Mingzhu couldn’t help myself. Of course, Dong Mingzhu doesn’t think she is a "layman making cars". She said: "Gree making cars is not a cross-border, and electric vehicles are a collection of electrical products." Dong Mingzhu even bluntly said, "Automobile chassis technology is not a problem at all, and there is no threshold." This feeling is similar to the "shooting" when Li Shufu, chairman of Geely Group, said that the car was "four wheels+sofa".

  But how does Gree build a car? The outside world is not very clear about this. On August 23rd, after half a year of suspension, Gree purchased 100% equity of Yinlong New Energy at a price of 13 billion yuan. Following the smart phone, Gree diversified and crossed the border to the next city. Ten years ago, there were cases in which home appliance companies such as Midea failed to build cars. Therefore, this time Gree got involved in the field of car-building, and the outside world was mixed, but Sister Dong still said that she had already "got it in mind". "Lithium titanate battery and Yinlong (new energy) are gold buried in the sand, and we are going to be the people who dig the gold out of the sand." Dong Mingzhu said.

  Although Sister Dong said that she was not in a hurry to build a car, she was very anxious in an exclusive interview with the reporter of Economic Observer. "Of course I want to build a passenger car, I want to do it now, but now the national policy problem (not solved)." The reporter of the Economic Observer also learned exclusively that Yinlong New Energy will be renamed as "Gree New Energy" after its successful acquisition, and will continue to exert its strength in the field of passenger cars. At the same time, Yinlong New Energy has contacted Tesla and BAIC respectively, or will introduce third-party car-making partners.

  Gree’s new opportunity is that the country will give nearly ten new new energy vehicles passenger car manufacturing qualifications. At present, only BAIC New Energy and Changjiang Automobile have obtained the qualification. Among the remaining eight qualifications, Gree may have a chance to get a ticket to Zhang Zhengui.

  "Electricity" of Series Gree

  What is the motivation for Gree to build a car? At present, the consensus view is that Gree needs new growth points. Gree Electric achieved revenue of 49.182 billion yuan in the first half of this year, down 1.85% from the same period of last year. However, the net profit attributable to the parent company was 6.402 billion yuan, a year-on-year increase of 11.92%; After deducting non-recurring gains and losses, the net profit attributable to the parent company increased by 35.32% year-on-year; Earnings per share is 1.06 yuan. In 2015, Gree experienced the first major turning point in which both revenue and net profit declined in recent nine years. In that year, Gree Electric achieved a year-on-year decline of 28.17% in revenue and 11.46% in net profit.

  Although Dong Mingzhu dismissed this view a little, he sharply responded that "the change of company revenue is related to the active adjustment of company strategy", but the growth space of air-conditioning industry is really approaching the ceiling, and Gree is also facing the confusion of development. For this reason, Dong Mingzhu and Lei Jun, the founder of Xiaomi, made a public bet of about 1 billion yuan in the field of mobile phones, and strived to win tickets in new industries and create enough popularity. Under the big goal of "building a Gree again in three years", finding the link point of Gree’s diversified business makes Dong Mingzhu begin to look to the car-making industry.

  But even building a car — — This seemingly unrelated industry, Dong Mingzhu also has a thread in his heart, connecting them in series. Dong Mingzhu’s idea is simple and direct — — All of Gree’s diversified choices are synergistic and inseparable from electricity, which has become the key to series connection. "Air conditioners, mobile phones and electric cars all need electricity. In the future, mobile phones may become intelligent control terminals, and cars are a collection of all electrical appliances."

  The broad prospects and huge market space of new energy vehicles give Dong Mingzhu more room for imagination. At present, China has become the largest new energy vehicle market in the world. In the first half of this year, the production and sales of new energy vehicles in China reached 177,000 and 170,000 respectively, up by 125% and 126.9% respectively. Such a high growth trend and space have also made outsiders such as LeTV and Ali enter the field of new energy vehicles in different forms.

  In order to gain a share in the new energy vehicle market with many participants, Gree has to "find another way". Dong Mingzhu once considered taking the route of BYD and conquering battery technology by himself. The reporter of Economic Observer learned that as early as a few years ago, Gree had quietly set up a new energy research institute, but after two years of research and judgment, Dong Mingzhu found that Gree’s own funds and technology alone could not achieve a breakthrough, and seeking cooperation with foreign countries became the last option. After contacting with many upstream and downstream enterprises in the automobile industry and looking around several times, Dong Mingzhu set his sights on Yinlong New Energy.

  The cooperation between Gree Electric and Yinlong is not accidental. The reporter of Economic Observer learned that Dong Mingzhu and Wei Yincang, the chairman of Yinlong New Energy, met very early. They have had many exchanges as deputies to the Jinwan District People’s Congress in Zhuhai, and the real time to put the acquisition on the agenda was in the second half of 2015. "At the end of last year, I contacted and reached the acquisition intention soon, which was in February and March, and then announced the suspension of trading." A senior executive of Yinlong New Energy told the Economic Observer. However, the key role behind the two sides’ ability to put the acquisition on the agenda is Zhuhai SASAC.

  Build a passenger car with its back against a big tree

  Before being acquired by Gree, Yinlong New Energy, which was in the marginal area, was rarely paid attention to. Yinlong, which started to manufacture batteries in 2009, set its sights on lithium titanate battery technology which is not optimistic in the market. In 2010, Yinlong New Energy spent 49 million US dollars (about 325 million RMB) to acquire 53.6% equity of Altair Nano, an American listed company, and mastered the latest technology of lithium titanate materials. From 2012 to 2013, Yinlong New Energy successively acquired automobile manufacturing enterprises such as Zhuhai Guangtong Automobile and Shijiazhuang Zhongbo Automobile, thus having the qualification of domestic vehicle manufacturing.

  So far, Yinlong New Energy has become one of only two enterprises that can have lithium titanate materials and achieve power and industrial application, and the other is Toshiba Corporation of Japan. In this regard, Zhang Bin, assistant to the chairman of Yinlong New Energy and general manager of the marketing department, also told reporters that Yinlong’s technology in lithium titanate batteries is Yinlong’s core strategic advantage. However, frequent acquisitions consume capital, and lithium titanate materials are still in the early stage, which makes Yinlong New Energy once short of funds, and even reached the critical moment of "life and death".

  "In the past, CNOOC and Shenhua Group all had cooperation intentions and even negotiations with Yinlong, but they all gave up in the end." People close to the acquisition and the core told this reporter. At the critical moment, the policy trend began to change, and lithium titanate battery technology entered the subsidy policy catalogue. Sensitive capital has always come to the door. Before discussing cooperation with Gree, Zhuhai Yinlong conducted two rounds of financing in June 2015 and February 2016, and many investors such as CITIC Securities, Huarong Assets and Oriental Assets jointly injected billions of RMB.

  But why did Yinlong New Energy, which can temporarily breathe a sigh of relief in terms of funds, still embark on the route of being acquired? The answer is still survival. "Yinlong (New Energy) is currently engaged in passenger cars, but the ceiling of the bus industry is there, and the largest scale of Yinlong is 20 billion. Therefore, we must set foot in passenger cars. Although we have products and technical reserves, the demand for production qualifications, capital and brand power for passenger cars is the threshold. Cooperation with Gree is the result of repeated thinking. " The above-mentioned Yinlong New Energy executives told the Economic Observer reporter. "Lithium titanate (battery) has the advantages of safety, long service life and fast charging, but it was not favored by the automobile industry because it did not enter the catalogue of state subsidies and the short cruising range." A technical person in charge of a new energy automobile company told the Economic Observer that "now lithium titanate can enjoy the same subsidy, and the problem of short cruising range can be solved slowly through technological upgrading." Perhaps, this answer is enough to be the answer that Dong Mingzhu is willing to gamble on new energy vehicles.

  Gambling or raising money?

  The interesting details of Gree’s acquisition of Zhuhai Yinlong are that, in order to show confidence and respond to shareholders’ queries, in addition to the original plan, Gree also issued an additional RMB 10 billion for supporting financing, and at the same time, Dong Mingzhu participated in the additional issuance through its own funds of nearly RMB 1 billion. The fund comes entirely from Sister Dong’s own "private pocket". This seems to show the outside world their confidence in this acquisition and entering the automobile industry in the future.

  Dong Mingzhu, who is generous, bluntly said that Gree Electric has fully laid out its electronic control, intelligent manufacturing, motors and precision molds, and among the three major electric appliances (batteries, motors and electronic controls) needed for the production of electric vehicles, all the parts except batteries can be quickly matched and supplied with Yinlong and have a synergistic effect with Yinlong. Wang Jingdong, vice president and director of Gree Electric, further said in the interview: "Gree is famous for its management ability and cost control ability. The acquisition of Yinlong can not only achieve the synergy of core technologies, R&D resources and supply chain, but also greatly reduce management costs, enhance corporate profitability and quickly occupy the market."

  At present, Yinlong New Energy’s business is mainly in the passenger car market, but it has not been launched in the passenger car field due to qualification problems. Therefore, Dong Mingzhu and his team started to discuss the layout and production qualification of passenger cars with the management of Yinlong New Energy as soon as they initiated the acquisition of Yinlong New Energy. "Building cars in the field of passenger cars will make progress next year." The reporter of the Economic Observer learned exclusively from insiders that "both the acquisition of (passenger car production) licenses and their own application are going." Dong Mingzhu even told reporters that she was not worried about the qualification of building a car.

  The reporter learned that the product layout of Yinlong New Energy in passenger cars has taken shape, which is divided into four categories, including antique models, coupes, SUVs and MPVs. In the process of negotiation with Gree team, both sides tend to be economical in positioning and pricing of passenger cars, and will not take the high-end route. "In the future, we will not rule out the introduction of cooperation between car companies. People from Tesla and BAIC have visited before. Where is the short board for building cars in the future, we will introduce relevant professional teams." The above-mentioned insiders revealed. In addition, it is not ruled out that Gree will enter the management of Yinlong in the future, and Yinlong New Energy is also full of imagination with the layout of nine existing industrial bases of Gree.

  However, it is not uncommon for a layman to make a car. Multifluoride (002407), which started as a raw material for lithium iron phosphate batteries, spent 160 million yuan to control Red Star Automobile in order to develop new energy vehicles and obtain automobile production qualifications. However, the latest news is that its car-making process has been temporarily suspended because it is much more difficult than expected. And even Wang Chuanfu, the founder of BYD, who has mastered the technology, has revealed that it is far more difficult to enter the automobile industry than he thought.

  But Gree’s cleverness is precisely not to put all your eggs in one basket. This time, Gree Electric acquired Yinlong New Energy, on the one hand, to build a car, on the other hand, to enter the energy storage market as mentioned above — — Yinlong’s lithium titanate battery, supporting charging facilities and energy storage system business are all Gree’s gains. In particular, the business of energy storage system will be a key move for Dong Mingzhu in Gree’s chess game before retirement.

  "If it is just to build a car and build Gree’s next 100 billion yuan, then the cooperation between Gree and Yinlong is blind, and the core technology of lithium titanate battery is the most important reason for the acquisition." Dong Mingzhu believes that the advantages of lithium titanate battery in making energy storage equipment are very obvious. "The combination of photovoltaic and energy storage equipment will be a trillion-dollar market."

  "I won’t retire for at least four years." Dong Mingzhu looked away, hale and hearty. I just don’t know if Dong Mingzhu’s new energy vehicle and energy storage business can give her a perfect answer after four years. But at present, Gree’s acquisition is being questioned by Shenzhen Stock Exchange, and it is not known whether there are any variables in this acquisition.

Dialogue with Huawei Yang Haisong: HarmonyOS system is not a copy of Android, and it takes five years to walk in one year.

Pick up the phone, gently touch the NFC tag on the cooking stove, and the screen of the phone will jump out of the operation interface. The system automatically adapts to a variety of recipes. After selecting and processing the ingredients according to the production steps, the rest of the cooking process is completely handed over to the cooking stove.

"One of the great benefits of using’ HarmonyOS’ home APPliances is that the mobile phone can be controlled across devices without downloading any app." A few days ago, Yang Haisong, vice president of Huawei’s consumer business AI and full scene business department, said that the innovative combination of HarmonyOS system and home appliances provided users with a new way of interaction.

Previously, Huawei has repeatedly stressed that there will be 300 million smart devices equipped with HarmonyOS operating system this year. In addition to 200 million Huawei mobile phones and smart screens and other independent devices, whether the third-party intelligent hardware manufacturers can quickly embrace the HarmonyOS system has become the key to the smooth realization of this goal.

Yang Haisong said that behind the 100 million sets of external cooperative equipment is the life and death line of HarmonyOS system calculated by Huawei-more than 16% market share. HarmonyOS is not a copy of Android or iOS. In terms of ecological construction, the biggest challenge of HarmonyOS system is time, which means it takes one year to complete the five-year journey of other systems. In the critical period of the transition to the next generation of mobile Internet, China needs to build its own root capacity quickly, and only in this way can it protect and expand itself.

Yang Haisong (Photo courtesy of the enterprise)

HarmonyOS system is a cross-track product, and the key to survival is the life and death line of 16% market share.

Reporter: Android and iOS are so mature, will HarmonyOS fall into the dilemma of "repeatedly making wheels"?

Yang Haisong: Actually, we have always believed that it is impossible to make wheels repeatedly. HarmonyOS is not Android, nor is it a copy of iOS. Of course, if we make an operating system that can only run on mobile phones and single terminals, we can do it, but why should others use it? HarmonyOS is oriented to the Internet of Everything. At the beginning of our design, it was oriented to IoT, ranging from 128k RAN to more than 8G mobile phones. A software architecture was internally decoupled, and the system was divided into thousands of modules. Only in this way can a software architecture adapt to a variety of different hardware. Only by doing this can we be different from Android. If I can do what Android can do and I can’t do what Android can’t do, then we don’t think it will succeed. If this runway is a single runway, you will never pass others, so if you want to pass, you have to cross the track.

Reporter: In the era of mobile Internet, many once-popular operating systems have failed. Why does HarmonyOS think he can succeed?

Yang Haisong: We believe that the most important reason for their failure is that they can’t meet the basic survival bottom line of the operating system, which is 16% market share. Only Apple and Google can stay above the life-and-death line of 16%, others have not reached 16%, or they have just dropped rapidly with a nod. Therefore, for an ecology, especially the usage and market share of the underlying platform software such as operating system are the core factors for its survival and success. We are more confident about this, because I also have terminals, which can at least ensure the quantity of my terminals. At the same time, why should we vigorously develop ecology? In fact, this is also the consideration. Why should we set a quantitative target of 300 million this year? It’s not nonsense, because the possible market space we see, 100 million (external equipment) is the data of 16% of the life and death line. We think HarmonyOS should be able to survive if it reaches 100 million, but it took five years or even seven years for other operating systems to reach this number, and our goal is very challenging. It takes one year to complete the road that others have taken five years.

Making the operating system is only the first step in the long March, convincing partners to rely on commercial value.

Reporter: It will take HarmonyOS a year to complete the journey of others for five years. What are the urgent tasks now?

Yang Haisong: First, the cultivation of talents; The second is the construction of the environment. In the training of talents, we mainly face two kinds of talents, one is students, and we have begun to cooperate with schools to educate people; One is for mass developers, and we will also release the technical certification and training related to HarmonyOS developers together with institutions. Doing operating system, ecology is a very complicated and huge project. If the workload of developing HarmonyOS is 1%, 99% of it has not been done, and 99% is ecology. Making the operating system is only the first step of the long March. Without a wide range of partners in applications and equipment to use the operating system and make constant innovations in applications, services, equipment and hardware based on the operating system, this operating system and ecology are lifeless, and this ecology does not constitute an ecology.

At the same time, we must provide perfect software engineering and tool capabilities, including these programming languages and compilers under the "inverted triangle", including our development tools and development frameworks, which are the most basic and need to be provided to our developers, so that everyone can access the ecology quickly and efficiently at low cost.

Reporter: What does Huawei rely on to convince third-party partners to expand the ecological field?

Yang Haisong: The essence is the competitiveness and commercial value of the operating system. Can it bring tangible commercial value to partners? Only when it has commercial value will others be willing to use it. It’s not a gimmick, it’s not a brand craze, but a cake that really helps everyone make a big business value, so you can live. What is the product? I make money first, I make the product well, I make money when I sell it, and it’s OK. However, doing ecology is that others make money first, so we must create a win-win situation with you at this point. This change is great, and we are constantly adjusting ourselves and changing channels, which is also a huge challenge.

Reporter: HarmonyOS system has appeared on many IoT products, and rumors are about to land on Huawei mobile phones. What is the specific plan for ecological development in HarmonyOS this year?

Yang Haisong: In terms of ecology, last year’s plan only selected one field, that is, smart home. At the same time, it also limited the application form, that is, the innovation of our watch application, which exceeded our expectations. This year’s plan, first of all, the amount of equipment carried by 300 million is clear, and at the same time, there is a goal of "one horizontal and one vertical". Horizontally, we hope to expand from home to areas that consumers just need in high frequency, such as travel, sports health, audio-visual entertainment, education, office and so on. Vertically, we hope to cooperate with the partners of the whole industry chain, from the bottom chips to modules to software and hardware integration solutions to application service providers, and hope to make the cooperation of the industry chain mature vertically. This is the plan for this year.

Behind the prosperity of mobile internet is the lack of root ability, and now is the golden time to catch up.

Reporter: HarmonyOS is the latest and possibly the largest attempt of China’s independent operating system. Why does China have to master its own operating system?

Yang Haisong: In the era of mobile Internet, China can be said to be at the forefront, and many great companies have been born. However, behind the prosperity, we can also see that China is actually at the end of the mobile Internet value chain, and massive sales only bring limited profits.

Today, when the physical world is changing to the digital world, the national border is no longer that border. Data, including our digital software infrastructure, becomes our real root capability. Once these data assets are used maliciously, the privacy of our consumers, the security of our country and industry will be exposed to danger. Therefore, in the critical period of the transition to the next generation of mobile Internet, China needs to quickly build its own root capacity, and only in this way can it protect and expand itself. No industry can flourish without roots.

Reporter: What courses should China enterprises take to build "root competence"?

Yang Haisong: From the perspective of the whole industrial chain, European and American countries are a very robust "column" from chips to programming languages to database compilers, operating systems and upper-level applications, and each field is very balanced. On the other hand, we are an inverted triangle. Even in some areas, we are still a black hole. Up to now, China people don’t have their own programming language, and we all build our houses on other people’s foundations. As for the database, there has just been a Gauss of Huawei, and the compiler has only made an ark. As for the operating system, there are now some operating systems of China.

Reporter: How long do you think the window period left for cmnet to cultivate "root ability" is?

Yang Haisong: We can wait for the ecology to ferment and mature slowly, but in fact, I think there is not much time left for cmnet industry, because both Google and Apple are aiming at the Internet of Everything and AIoT, and they are all doing it, so there is not much time left for us and China. When the transformation of our generation of mobile Internet fails to catch up, we will miss the historical opportunity of ten years, so we also feel that this time is the prime time for cmnet industries, just in these one or two years. If we don’t improve in the past year or two, then we think the next root ability is still in the hands of others.

Beijing News Shell Finance reporter promised editor Li Weijia to proofread Xue Jingning.

Source: Beijing News

Concept dynamics | over the rainbow shares added "HarmonyOS concept"

On November 18th, 2024, () added "HarmonyOS concept".

According to the data of the straight flush, the reason for the selection is: November 6, 2024, Interactive Easy: As one of the first partners of HarmonyOS in the retail industry, over the rainbow APP developed based on HarmonyOS has been put on the Huawei application market, and users can download it after the operating system is upgraded.

The company’s conventional concepts include: e-commerce, Xinjiang revitalization, rural revitalization, margin financing and securities lending, webcast, Tencent concept, Shenzhen Stock Connect, cross-border e-commerce, state-owned enterprise reform of central enterprises, liquor concept, Guangdong-Hong Kong-Macao Greater Bay Area, agricultural planting, unmanned retail, unified big market, prefabricated vegetables, state-owned enterprise reform, grain concept, low-altitude economy, intelligent logistics, energy storage and photovoltaic building integration.

China’s strongest EV+DMH! Roewe D7 Gemini will be listed soon.

     Recently, the auto market talked about it from relevant channels. Roewe D7 will be officially launched on November 8th, and both pure electric (EV) and plug-in hybrid (DMH) models will be launched simultaneously.

     As a sedan chair with high and medium-grade new energy strength, what is the strength of Roewe D7 and what are its leapfrog values?

    

     Leapfrog value one: comfort

     Aside from the fact that different people have different opinions, the first "killer" of Roewe D7 is comfort.

     Roewe D7 has carefully built the Yunsu intelligent cockpit, which is the best in its class with the widest body, the most advanced intelligent cabin, the best seating space and the most comfortable seats.

    

     Specifically, the Roewe D7 car is 4890mm long and 1890mm(DMH wide (DMH model), all of which are leading in the same class, which not only makes the car body more magnificent, but also brings the best riding space.

     Its front seat cushion is 380mm long, and the rear leg space is 933 mm. With the zero-gravity cloud seat, the comfort is the ultimate.

    

     It’s not enough to have a big body and a large space. Roewe D7 is also equipped with the latest zebra intelligent driving system in the world, and its operating experience is comparable to that of high-end smart phones. It can be said that it is the "most user-aware" in-vehicle system in the current automobile market, which brings native comfort and is equipped with L2-level intelligent driving assistance such as ACC, ICA and AEB lane departure warning, making travel more efficient.

     Leapfrog value 2: reliability

     Nowadays, buying EV models is no longer paying IQ tax, but try not to buy "oil to electricity" models. After all, the problems of poor power, short battery life and low safety of such vehicles are widespread.

     As the first model of Roewe D family, the EV model of Roewe D7 is built on the exclusive platform of SAIC Nebula pure electricity, which is very reliable.

    

     The development concept of Xingyun pure electric platform is "gradient, expandable and iterative upgrade", which can be compatible with software and hardware forward-looking technologies such as high-pressure casting, solid-state batteries, wire-controlled chassis, full-stack electrical architecture and driverless driving, and embodies the highest level of "China Zhizao" in the automobile industry.

    

     Based on the advanced platform strength, Roewe D7 EV has a high-end model "the same model" with five-bar rear drive, VGA six-in-one motor with the highest integration level, more and larger bushings, etc., which has strong power and brings better control experience, making it the most stable pure tram in its class.

     Leapfrog value three: great value

     I have to say that plug-in models are very popular nowadays. Roewe D7, based on the most long-term value of DMH hybrid technology, launched the "China’s strongest hybrid" DMH model that surpassed DM-i, which can meet the needs of different users.

    

     The reason is that the Roewe D7DMH adopts the industry’s first powertrain brain PICU, which realizes the "five-in-one" functions of motor control, engine control, hybrid gearbox control, air conditioning thermal management and battery thermal management, and its dynamic response is twice as fast as that of Qin PLUS DM-I..

    

     Moreover, the Roewe D7DMH model is also blessed by a coaxial P1 motor, a hybrid engine with a thermal efficiency greater than 43%, and a dedicated high-efficiency long-life battery, which makes it have the advantages of long battery life, ultra-low fuel consumption, super quiet and so on, and it is the strongest hybrid in its class.

    

     On the whole, the Gemini combination of Roewe D7 EV and DMH is expected to become the most powerful sedan with medium and high new energy strength in China.

     If you are more pursuing power and control, it is recommended to choose Roewe D7EV model. If you pursue both dynamic performance and economy, it is recommended to choose Roewe D7 DMH.

Chery Fengyun T9 opens pre-sale: C-DM hybrid model, with the pre-sale price starting from 159,900 yuan.

On April 18th, 2024 Chery Fengyun New Energy Night was held tonight, and Fengyun T9 launched four models, with the pre-sale price range of 159,900-199,900 yuan.

In terms of appearance, the new car adopts a closed front grille with vertical layout vents, which has a good recognition as a whole. The side of the car body is designed with hidden door handles, and the rear is equipped with penetrating taillights, which are the "standard" of popular new energy vehicles. The length, width and height of the car are 4795×1930×1738/1741mm respectively.

In terms of cockpit, the new car is equipped with 10.25-inch full LCD instrument, 15.6-inch 2.5K central control display, SONY customized luxury audio, AI big model intelligent voice assistant, mobile App remote control, wireless Hi-car4.0+wireless Carplay. The interior adopts the color scheme of cloud ink and black, the high version adopts the color scheme of sky blue, and the main driving seat is electrically adjusted in 6 directions.

According to the inquiry of IT House, the new car is equipped with the fifth-generation ACTECO 1.5TGDI high-efficiency hybrid engine, with the maximum power of 115kW and the maximum torque of 220N?m;. The maximum power of the motor is 150kW, and the maximum torque of the motor is 310N?m;. The comprehensive power of the system is 265kW, and the comprehensive torque of the system is 530N?m;. .

Changan Automobile Yidong "Worth Seeing" is less than 93,900.

For most people, it is only the beginning to mention cars from 4S shops, and the cost of car maintenance in the later period is the big deal. So what I said today can help us save some money in the future. Now let’s follow Xiaobian to see what it has done.

Let’s look at the appearance of Yidong first. Yidong’s front face looks more elegant, and it looks more fashionable with a three-piece air intake grille. Then the elegant headlight design is adopted to outline the effect of personality. The car is equipped with LED daytime running lights, automatic opening and closing, delayed closing and so on. Coming to the side of the car, the body size of the car is 4730MM*1820MM*1505MM. The car adopts simple and fashionable lines, and the side looks very atmospheric. With large-sized thick-walled tires, it gives people a very stable atmosphere. In the rear part, the overall shape of the rear echoes the front of the car, and the taillights are very individual. Together with the unique exhaust pipe, it creates a good gas field.

Sitting in the car, the interior looks very beautiful and sharp. The overall shape of the three-spoke steering wheel of the car is very good, and it is made of leather material, and the grip performance is good. Take a look at the central control. The design of the center console is reasonable, which makes the interior design quite layered and meets the aesthetic standards of most consumers. Let’s take a look at the dashboard and seats again. The dashboard design is remarkable, giving people a very avant-garde personality feeling. The car adopts leather-like seats and is equipped with functions such as proportional reclining of seats, which further improves the comfort of drivers and passengers.

The escape-matched wet dual clutch (DCT) gearbox has a maximum power of 118KW and a maximum torque of 260N.m, and the power performance is good.

The back row space of Yidong is still spacious, and there is a certain margin in the head and legs, which can be said to be more than enough for daily household use. At the same time, the car is equipped with anti-lock braking system (ABS), LED daytime running lights, brake assist (EBA/BAS, etc.), braking force distribution (EBD), traction control (ASR/TCS, etc.), main driver airbag, co-pilot airbag and front side airbag.

Do you have the urge to buy a car after reading the whole article? Let me make a summary. I wonder if you are excited about this car introduced today?

BYD Seagull understands that old drivers are also easily planted with grass.

Although cars can improve the convenience of people’s travel, safety is still an unavoidable topic. Therefore, many car companies have begun to upgrade the safety of their models. Of course, for consumers, a car with complete active and passive safety configurations will be more popular. For most people, it is only the beginning to mention cars from 4S shops, and the cost of car maintenance in the later period is the big deal. So what I said today can help us save some money in the future. Let’s look down with Xiaobian.

Let’s take a look at the appearance of seagulls first. The front style of seagulls is very simple and looks more domineering and stylish. Coupled with headlights, the momentum is quite sufficient. The car is equipped with LED daytime running lights, automatic opening and closing, delayed closing and so on. Coming to the side of the car, the body size of the car is 3780MM*1715MM*1540MM. The car adopts simple lines, and the side circumference looks very simple and fashionable. With large-sized thick-walled tires, it looks full of sports. In the rear part, the overall shape of the rear echoes the front of the car, the taillight style is dignified, and the overall layout is impressive.

In terms of interior, the interior looks very delicate and the overall visual effect is very distinctive. The steering wheel design of this car is very fashionable and generous, with imitation leather material and high palm fit. From the central control point of view, the design of the center console is reasonable, which makes the interior style impressive, and the overall design of the central control is very good. The dashboard and the seat are equally eye-catching, and the dashboard design is remarkable and very eye-catching. The car adopts imitation leather seats, which are wide and thick and comfortable.

Seagull is equipped with a motor with a total power of 55KW and a total torque of 135N.m, which has good acceleration, excellent cruising range and good power performance.

The space performance of the seagull trunk is not bad. After putting down the rear seats, it can further expand the space, and its carrying capacity is great enough to meet daily household needs. In addition, the car is equipped with anti-lock braking (ABS), LED daytime running lights, brake assist (EBA/BAS, etc.), braking force distribution (EBD), traction control (ASR/TCS, etc.), main driving airbag, co-pilot airbag, side airbag curtain, front side airbag and other safety configurations.

After reading the above description, Xiaobian will make a summary. This car has been introduced almost before, and I believe many users who buy a car have taken a fancy to its comfort and practicality.

BMW i5 looks perfect! Cool interior! Practical and individual.

Today, this car is very distinctive. Let’s take a good look at it.

Let’s take a look at the appearance of BMW i5 first. The front face design of BMW i5 has taken a sharp route and looks very sporty. At the same time, the headlight presents a fashionable and simple design style, and the visual effect is very eye-catching. The car is equipped with LED daytime running lights, automatic opening and closing, adaptive far and near light, delayed closing and so on. Come to the side of the car, the car body size is 5175MM*1900MM*1520MM, the car uses lovely lines, the side looks very elegant, with large thick-walled tires, eye-catching shape. Looking back, the overall shape of the rear of BMW i5 echoes the front of the car. The taillights give people a very simple feeling, and the shape is more domineering and stylish.

Coming into the BMW i5 car, the interior looks very hard, which enhances the sense of elegance. The steering wheel design of the car is very simple, equipped with electric up and down+front and rear adjustment, steering wheel memory, steering wheel heating and other functions, which looks a bit more solid. Take a look at the central control. The car is decorated with a stylish and generous touch-control LCD central control screen, which makes the interior style impressive and meets the aesthetic standards of most consumers. The dashboard and seats give people a good feeling, too. Let’s take a look. The car is equipped with a dynamic dashboard, which looks very dynamic and lively. The car uses leather seats, equipped with auxiliary seats with memory electric adjustment, seat with memory electric adjustment and other functions, and the overall comfort is good.

The BMW i5 is equipped with a motor with a total power of 210KW and a total torque of 410N.m It has good acceleration, excellent cruising range and good power performance.

Looking at the configuration again, BMW i5 is equipped with car networking, driving mode selection, remote control key, UWB digital key, interior atmosphere light, traction control (ASR/TCS, etc.) and other configurations.

This car performs well in terms of space and configuration. As for the design, everyone has everyone’s aesthetics. If you have plans to buy a car, Xiao Bian thinks it can be included in the alternative list.

Biden is completely angry!

Biden rarely gets angry!

A few days ago, Hull, the special prosecutor in charge of investigating US President Biden’s "document door", issued a report saying that Biden would not face charges for improper handling of classified documents due to insufficient evidence and other factors. However, the report said that the 81-year-old president had a "poor memory" and could not remember many things. The above remarks about memory loss may bring a major blow to Biden’s hope of re-election. Some Republicans claim that this shows that Biden is "unfit" to serve as president.

A few hours after the publication of the above-mentioned report, an angry Biden made a rare evening speech. Biden angered: "The report even mentioned that I can’t remember the time of my son’s death. How dare he (Hull) say so?" Biden insisted that he had a "good memory".

However, Biden made another slip of the tongue when he was questioned by media reporters after his speech at the White House, calling Egyptian President Abdel-Fattah Seyce "President of Mexico" …

The report says Biden’s memory is failing.

On February 8, local time, Robert Hull, the special prosecutor in charge of investigating President joseph robinette’s "document door", released a report, saying that Biden would not face charges for improper handling of classified documents due to insufficient evidence and other factors.

Although he was able to "get out" at the legal level, Biden was caught in another embarrassing situation because of the report. The report specifically mentions that the 81-year-old president has a "poor memory" and can’t remember many things. Some Republicans claim that this shows that Biden is "unfit" to serve as president.

According to Xinhua News Agency, in the 388-page report, Hull detailed how Biden mishandled classified documents. He wrote that FBI agents found those materials in "Biden’s garage, office and basement study at his home in Wilmington, Delaware", including classified documents related to Afghan military and foreign policy, some of which were marked with the highest level of top secret or sensitive information.

However, Hull said that after 15 months of investigation, he chose not to file criminal charges against Biden because Biden was "cooperative and difficult to convict". In addition to listing factors such as insufficient evidence, Hull also mentioned that "poor memory" may be the reason why Biden cannot be convicted.

Hull said in the report that Biden’s memory was "severely limited" when he was questioned, and he forgot the beginning and end of his term as vice president in the administration of former President Barack Obama, and even forgot the year when his eldest son, former Delaware Attorney General bo Biden, died of illness.

The report pointed out, "We have also considered that Biden may appear before the jury as an old man with compassion, goodwill and poor memory, as we did when we asked him." This may convince some jurors that Biden did not intentionally keep the documents, but may have forgotten their existence.

On January 9, last year, the American media disclosed that Biden’s private lawyer found a batch of confidential documents on November 2, 2022 when he cleaned up Biden’s office in the Washington think tank "Biden Diplomacy and Global Contact Center". The White House and Biden confirmed the report the next day. Biden used this office after stepping down as vice president in 2017 and before running for president in 2019. Biden also admitted that his residence also contained classified documents.

Biden is angry! Make a rare speech

Biden, the oldest incumbent president in American history, is currently running for re-election, and may once again confront former president and Republican Donald Trump when voting in the presidential election in November this year. Trump supporters used the above report to highlight concerns about Biden’s age.

According to Agence France-Presse reported on February 8, the angry and emotional US President Joe Biden made a rare evening speech that day, responding to the sharp remarks in a special prosecutor’s report released a few hours ago about his improper handling of confidential documents.

According to the report, when Biden delivered a live televised speech at the White House, he was very angry with the report that he could not even remember the date of his son bo Biden’s death in 2015 and other key moments in his life. Biden fumed: "(The report) even mentioned that I can’t remember the time of my son’s death. How dare he (Hull) say that?" He replied that he didn’t need anyone to remind him when his son died. "What do they care?"

Obviously, Biden tried to control his emotions. Biden insisted that he had a "good memory" and that the accusation that he deliberately kept confidential materials was "completely wrong".

After making a formal speech, Biden answered a question from a White House reporter and said, "I am kind, I am an old man, and of course I know what I am doing." He said: "I am the president, and I have revived the country. Look at the achievements I have made since I became president. "

In addition, Biden’s personal lawyer Bob Bauer said: "Obviously, there was no reason to file criminal charges from the beginning." Bauer and White House legal adviser Richard Sober also said in a letter to Hull that the report mentioned Biden’s memory as "completely redundant".

However, Biden made a slip of the tongue when he was asked by a media reporter after his speech at the White House, calling Egyptian President Abdel-Fatah Seyce "the President of Mexico".

According to the report, Biden and his assistant were investigated by the Ministry of Justice last year for their handling of confidential documents. According to the latest report of special prosecutor Robert Hull, Biden will not be criminally charged for keeping confidential documents; However, the report’s remarks about Biden’s loss of memory may be a major blow to his hope of re-election.

Biden on Trump: "The Threat of Life and Death"

According to CNN’s February 7 news, US President Biden said in a series of fund-raising activities in new york that his predecessor Trump was a "threat of life and death" and Trump had completely held the Republican Party in his hand.

Biden told Democratic donors: "There is a life-and-death threat, and that is Donald Trump." Biden said: "This (election) is not about me, but about Trump."

According to the report, Biden has been trying to promote his political achievements last year, but his support rate has hardly improved. Now, Biden is increasingly pointing his finger at Trump, the front-runner of the Republican presidential candidate. He describes Trump as a threat to democracy and personal freedom. Recently, he also portrayed Trump as a "Svengali-style" Republican leader who controls other people’s minds.

The report mentioned that Biden got a new opportunity this week, because with Trump’s intervention, Republicans in Congress failed to pass a bipartisan immigration bill. Biden said the move exposed the harmful election-year politics and the Republican Party’s loyalty to its actual leaders.

Biden said that Trump "would rather weaponize this issue than really solve it", referring to the failed compromise bill on the border. He said that the failure to pass the border bill this week shows how far the Republican Party has fallen.

According to the report, Biden’s speech indicates that he plans to use the failed border bill to gain political advantages for himself in the next few months.

Baojun, what a pity.

What is more painful than death is being forgotten.

"Liuzhou Jimny", the younger brother of Tank 300, "Tank 30" and "Electric G" …

Years later, there are more and more discussions about a new car with unique shape on the Internet. Such a variety of ridicule containing spit and attention has attracted a crowd of people in the industry. With the listing of Bao Junyue, the protagonist under discussion, the brand of Bao Jun was once again discussed intensively, and even boarded the hot list several times, which attracted the leadership of Bao Jun to forward it one after another.

To be honest, Baojun brand has not enjoyed such a "treatment" for a long time.

Baojun, what a pity.

Strictly speaking, since it was renamed as "Xinbaojun", Baojun has been neglected by the market. From the mainstream brand with a monthly sales volume of 140,000 vehicles and an annual sales volume of over one million vehicles at its peak, it has become a marginal brand with a monthly sales volume of 1,000 vehicles and a weaker market presence-we seem to be looking at a self-owned brand with great rising momentum and falling on the eve of dawn.

Borrowing a sentence that most people in the industry discuss Baojun is: Baojun, what a pity.

Nine years of horse’s head marks, just like a dream of Huangliang.

When it comes to the birth of Baojun brand, we have to mention Wuling Hongguang, the "God Car".

In the first generation of "People’s God Car", Wuling Hongguang not only measured rural roads and witnessed the success of entrepreneurs one after another, but also helped Wuling reach the peak of an era, deeply branding the shining Wuling red label into the glorious history of China’s automobile industry and becoming a real myth.

Therefore, under the complicated background of the changes of domestic consumption market, the sharp shrinkage of micro-market and the overcapacity of the industry, Wuling aims to seize new opportunities, continue the sales myth and seek more market voices.

Baojun, what a pity.

So, in 2010, Wuling made a major decision-to get rid of the brand attribute of commercial vehicles and move to the passenger car market with broader development prospects. Baojun brand was born in time.

Judging from the subsequent development of Baojun brand, we have to admit that Wuling is right.

After the short-term failure of Baojun 630 and hatchback 610, Baojun brand quickly ushered in its first explosion. Baojun 730, based on the car platform, well filled the gap in the market at that time and officially opened the development history of Baojun.

In 2016, with the performance of over 370,000 vehicles, Baojun 730 ranked second in the MPV sales list that year, second only to its own model Wuling Hongguang. Coincidentally, in addition to being a great success in the MPV field that he is good at, Baojun has also made some gains in the SUV market. The compact SUV Baojun 560 was even compared with another national car Haval H6 at that time.

Baojun, what a pity.

Coupled with the later Baojun 510, Baojun 310 and 310 WAGON, successful models were successively launched in different market segments, which enabled Baojun to successfully occupy a place in the low-end market, constantly harvesting market share and becoming an "explosive professional household".

In 2017, Baojun brand ushered in its peak moment. In December of that year, Baojun achieved the highest sales volume of over 140,000 vehicles in a single month, second only to SAIC Volkswagen and Geely. Among them, Baojun 510 sold 54,000 vehicles; Baojun 310 sold35,000 vehicles; Baojun 730 sold 32,000 vehicles.

That year, Baojun also reached the same level as the Great Wall, BYD and Chang ‘an in the independent camp with sales exceeding one million.

However, like many car companies that hit the annual sales of millions of cars, Baojun failed to go any further after that. Its overall sales volume has never achieved a big leap. On the contrary, it has stopped in the market changes, internal friction of its own models and the shackles of production capacity.

Baojun, what a pity.

The reason for the success of Baojun is that the technology supported by GM and the value of low pricing are indispensable. However, with the upgrading of consumption, more and more products with better configuration and more suitable prices are pouring into the market. This has made Baojun, who has been deeply rooted in the low-end positioning of 50,000-80,000 yuan for a long time, suffer enough, gradually being replaced and abandoned.

Baojun also realized the seriousness of the problem. Not wanting to be eliminated, it chose to complete the brand renewal in 2019. The brand-new diamond logo pushed Baojun to a strange battlefield, and the new Baojun was born. However, consumers do not buy the move of changing the soup without changing the medicine. The conjecture that the new Baojun will fail, which was described in detail by the Automobile Commune in Baojun, Starting from Death, has now been fulfilled.

Xinbaojun returned without success.

Can Bao Junyue also make a comeback?

"We have played down ‘ Xinbaojun ’ The concept returns to the name of Baojun. "

At a test drive meeting of Baojun Yueye, an engineer from Liuzhou said this. This is undoubtedly a denial of the new Baojun era.

Since the Matou standard was upgraded to the diamond standard, although Wuling focused all its new cars on Xinbaojun, and the original models of Baojun brand were only changed, Xinbaojun did not follow the set development route. Especially after Wuling launched the global silver standard with upward brand, the situation of Xinbaojun became more and more pessimistic. Xin Baojun, who wanted to be separated from Wuling, seemed out of place.

Baojun, what a pity.

In 2020, Baojun sold 422,000 vehicles, down 36.7% year-on-year. In the same year, it appeared at the "315 party", and the frequent breakdowns of the speed box were named by CCTV, becoming the only brand named in the automobile industry. In 2021, its sales volume continued to fall to 215,000 units; In 2022, Baojun directly did not disclose sales to the public; In the first quarter of this year, its sales volume was only over 3,000 …

The reason is that after the price of Xinbaojun is "upward", consumers don’t pay for the quality, and the cost performance is not as extreme as before, which leads to missing the replacement period of the original user group.

In addition, due to the concentrated development of new Baojun models, the previously popular Baojun 510, Baojun 310 and Baojun 730 have not been greatly upgraded for a long time, resulting in the product strength not keeping up with the development of competing products, and the sales volume of the original models also declined irreversibly.

During the period, Xinbaojun, which focused on development, also made an attempt in new energy, and launched Xinbaojun E300 and KiWi EV, but the explosion did not arrive as scheduled.

Baojun, what a pity.

Among them, Xinbaojun E300 was listed earlier than Hongguang MINIEV. But on the one hand, the price of Xinbaojun E300 is twice as expensive, which discourages many consumers from buying cars. On the other hand, the over-personalized design also makes consumers have mixed comments on the new Baojun E300.

For various reasons, Xinbaojun E300 regretted losing, and now there is no sales volume to check. The KiWi EV, which was born on the basis of the new Baojun E300, failed to cause much trouble. This makes Xin Baojun gradually enter a dangerous moment.

In a previous trip to Liuzhou, when the author visited Wuling and talked about Baojun’s related topics, the other party replied: "There is no way, we need to constantly explore and plan as a whole." The "overall planning" here is very worth pondering.

The more bitter Bao Jun has been, the more it seems that Bao Junyue is also the mission of this exquisite car.

Baojun, what a pity.

Bao Junyue is also the first product carried by Bao Jun after re-bidding, and the first product made by Zhou Shuo after returning to Wuling, aiming to fill the off-road style and pickup truck model of A00 mini-car. So, can Bao Junyue also achieve great success?

In fact, Zhou Yuezao expressed his views on Bao Junyue on his personal social account. He said: "Can Yue create the glory of Hongguang mini again? The answer is obviously no, acknowledging that it is not far ahead, nor is it 5 million the best! "

Sincerity is the greatest killer skill.

Generous recognition and consistent frankness are good habits that Zhou Shuo had when he was trading Hongguang MINIEV in his early years. Obviously, the over-personalized design and low price will still be obstacles to the sales of Baojunyue, just like the new Baojun E300, but it also has advantages, as Zhou Shuo said: "From a global perspective, it is the only choice for a small hard-core pure electric SUV."