标签： 2021上海水磨实体店

National Bureau of Statistics： In 2022, the per capita disposable income of national residents was 36,883 yuan.

　　CCTV News:On January 17, the National Bureau of Statistics announced the income and consumption expenditure of residents in 2022.

　　I. Income of residents

　　In 2022, the per capita disposable income of the national residents was 36,883 yuan, a nominal increase of 5.0% over the previous year, and a real increase of 2.9% after deducting the price factor. In terms of urban and rural areas, the per capita disposable income of urban residents was 49,283 yuan, an increase of 3.9% (unless otherwise specified), and a real increase of 1.9% after deducting the price factor; The per capita disposable income of rural residents was 20,133 yuan, an increase of 6.3%. After deducting the price factor, the real increase was 4.2%.

　　According to the source of income, in 2022, the per capita wage income of the national residents was 20,590 yuan, an increase of 4.9%, accounting for 55.8% of the disposable income; The per capita net operating income was 6,175 yuan, an increase of 4.8%, accounting for 16.7% of disposable income; The per capita net income of property was 3,227 yuan, an increase of 4.9%, accounting for 8.7% of disposable income; The per capita net transfer income was 6,892 yuan, up 5.5%, accounting for 18.7% of disposable income.

　　In 2022, the median per capita disposable income of the national residents was 31,370 yuan, an increase of 4.7%, and the median was 85.1% of the average. Among them, the median per capita disposable income of urban residents was 45,123 yuan, an increase of 3.7%, and the median was 91.6% of the average; The median per capita disposable income of rural residents was 17,734 yuan, an increase of 4.9%, and the median was 88.1% of the average.

　　Second, the consumption expenditure of residents

　　In 2022, the per capita consumption expenditure of the national residents was 24,538 yuan, a nominal increase of 1.8% over the previous year, and a real decrease of 0.2% after deducting the price factor. In terms of urban and rural areas, the per capita consumption expenditure of urban residents was 30,391 yuan, a nominal increase of 0.3%, and a real decrease of 1.7% after deducting the price factor; The per capita consumption expenditure of rural residents was 16,632 yuan, a nominal increase of 4.5%, and a real increase of 2.5% after deducting the price factor.

　　In 2022, the per capita consumption expenditure of food, tobacco and alcohol in China was 7,481 yuan, an increase of 4.2%, accounting for 30.5% of the per capita consumption expenditure; The per capita clothing consumption expenditure was 1,365 yuan, down 3.8%, accounting for 5.6% of the per capita consumption expenditure; The per capita residential consumption expenditure was 5882 yuan, up by 4.3%, accounting for 24.0% of the per capita consumption expenditure; The per capita consumption expenditure on daily necessities and services was 1,432 yuan, up by 0.6%, accounting for 5.8% of the per capita consumption expenditure; The per capita transportation and communication consumption expenditure was 3,195 yuan, up by 1.2%, accounting for 13.0% of the per capita consumption expenditure; The per capita expenditure on education, culture and entertainment was 2,469 yuan, down by 5.0%, accounting for 10.1% of the per capita consumption expenditure; The per capita medical and health care consumption expenditure was 2120 yuan, up by 0.2%, accounting for 8.6% of the per capita consumption expenditure; The per capita consumption expenditure of other goods and services was 595 yuan, up by 4.6%, accounting for 2.4% of the per capita consumption expenditure.

Can anti-corruption end at the end of the year？ CPC Central Commission for Discipline Inspection responds to hot issues of anti-corruption

　　Xinhua News Agency, Beijing, January 9th Question: Can anti-corruption end at the end of the year? — — The relevant person in charge of the Supervision Department of the Central Commission for Discipline Inspection responded to the hot issues of anti-corruption

　　Xinhua News Agency reporters Luo Yufan, Huang Xiaoxi and Zhu Jichai

　　How to evaluate the view that "anti-corruption can end at the end of the year"? What is the basis for saying that the overwhelming situation has been formed? Why is there no anti-corruption law? … … At the press conference held by the State Council Information Office on the 9th, the responsible person of the Supervision Department of the Central Commission for Discipline Inspection answered questions from Chinese and foreign journalists around the above hot issues.

　　Q: How to evaluate the view that "anti-corruption can end at the end of the session"? Answer: Do everything except evil.

　　A reporter asked, the 19th National Congress of the Communist Party of China will be held this year, and there is public concern that the anti-corruption pace will be slowed down for the sake of stability. What’s your comment?

　　Luo Dongchuan, director of the case trial room of the Central Commission for Discipline Inspection, said that we should overcome the idea that "anti-corruption can end at the end of the session", and we should never weaken the intensity of punishing corruption and never change our zero tolerance attitude. We will continue to maintain the high-pressure situation of punishing corruption, resolutely eradicate corruption as the most deadly "pollution source", eliminate all evils in accordance with the requirements of the CPC Central Committee, and resolutely win the struggle against corruption, which has a bearing on the life and death of the ruling party.

　　Q: What is the basis for saying that the overwhelming situation has formed? A: There are facts and data.

　　When answering a reporter’s question about "What is the basis of the overwhelming situation", Xiao Pei, Vice Minister of Supervision, answered with facts and data.

　　Xiao Pei pointed out that since the 18th National Congress of the Communist Party of China, the Central Commission for Discipline Inspection has put 240 middle-ranking cadres on file for examination, which is 3.6 times of the number of middle-ranking cadres examined during the 17th National Congress of the Communist Party of China, and severely investigated and dealt with serious cases of Zhou Yongkang, Bo Xilai, Guo Boxiong, Xu Caihou, Ling Jihua and others, and severely investigated and dealt with political corruption and economic corruption intertwined through interest transfer, thus eliminating major political hidden dangers of the party and the country.

　　He also pointed out that speaking with numbers is "one drop and one liter". At present, the complaint letters and visits received by the discipline inspection organs are on the decline. The number of such reports received in 2016 decreased by 17.5% compared with that in 2015, which was the first decline since the 18th CPC National Congress. "One liter" means that the number of party member people who have been put on file for examination and punishment by the discipline inspection organs has been rising continuously. Against the background of party member’s growing base, party member’s punishment rate rose from 1.8 per thousand to 4.3 per thousand.

　　"Last year, under the strong anti-corruption high-pressure situation, 57,000 party member took the initiative to explain their problems to the organization. This is an overwhelming situation." Xiao Pei said.

　　Q: Why is there no anti-corruption law? A: The State Supervision Law will be promulgated.

　　A reporter asked why China has not enacted an anti-corruption law.

　　Wu Yuliang, deputy secretary of the Central Commission for Discipline Inspection, said that any legislation has a process, and legislation is a summary and promotion of practical experience. Since the 18th National Congress of the Communist Party of China, the unswerving anti-corruption practices and achievements of the CPC Central Committee have laid an important foundation for anti-corruption national legislation. Now, under the unified leadership of the CPC Central Committee, we are promoting the reform of the national supervision system and have carried out pilot work in Beijing, Shanxi and Zhejiang provinces and cities. The National Supervisory Commission (NSC) is the national anti-corruption agency, and the essence of enacting the national supervision law is to promote the anti-corruption national legislation. Next, the National People’s Congress Standing Committee (NPCSC) will complete the first and second trials of the State Supervision Law, and finally the State Supervision Law will be promulgated.

　　Q: Will the confessions of corrupt senior officials be made public? A: It was gradually made public before the 19th National Congress.

　　Zhu Guoxian, director of the Propaganda Department of the Central Commission for Discipline Inspection, said at the press conference that since the 18th National Congress of the Communist Party of China, the Central Commission for Discipline Inspection has compiled confessions of cadres in charge of serious violations of discipline and law, reflecting the achievements made in learning from the past and saving lives.

　　"The confessions of the cadres in charge of discipline violations were issued to the original crime unit as ‘ Two studies and one doing ’ The negative teaching material of the democratic life meeting of the leading group of learning and education is to educate people around us with the things around them, and to urge leading cadres in party member to put themselves in, check the problems, find the crux, plug the loopholes, draw inferences, and effectively rectify and improve. " Zhu Guoxian said, "Next, we will open a special column in the media of the Central Commission for Discipline Inspection, and we will gradually make it public before the 19 th National Congress of the Communist Party of China."

　　Q: Can the inner-party supervision regulations solve the problem of "doctors operating on themselves"? A: Various kinds of supervision are organically combined.

　　At the press conference, a reporter said that inner-party supervision is like a doctor operating on himself, which is very difficult. Can the inner-party supervision regulations solve this problem?

　　Xiao Pei pointed out that the biggest challenge that our party faces in its long-term governance is how to strictly restrict and not abuse power. The history of our Party proves that our Party has a strong ability of self-repair. It has experienced many mistakes, and each time it corrected its own mistakes by relying on the Party rather than leaving it. The fundamental reason is that the Communist Party of China (CPC) did not make mistakes, but that we never avoided medical treatment and were able to find and correct mistakes in time. The Sixth Plenary Session of the 18th CPC Central Committee adopted "Several Guidelines on Political Life within the Party under the New Situation" and "Regulations on Inner-Party Supervision in the Communist Party of China (CPC)", which took another big step forward in our Party’s self-supervision, and relied on system, education, education with ideals and beliefs, management and supervision to find problems and correct deviations in time.

　　Xiao Pei said that in the whole supervision system of the party and the state, inner-party supervision is the first. Once inner-party supervision fails, other supervision will inevitably fail. At the same time, we should organically combine inner-party supervision with democratic supervision and social supervision, including mass supervision and public opinion supervision, and constantly enhance our party’s ability of self-purification, self-improvement, self-innovation and self-improvement.

　　Q: How will the central inspection work be deployed this year? A: In the first half of this year, we will conduct a tour of the middle management colleges and universities.

　　When answering a reporter’s question about how to deploy the central inspection work this year, Wu Yuliang said that at present, the 18th Central Inspection has been carried out for 11 rounds, and the party organizations of 247 localities, departments and units have been inspected, which has completed the full coverage of key local and state-owned enterprises, central financial institutions and central and state organs. At the same time, 12 provinces, autonomous regions and municipalities were reviewed. In the first half of this year, we will carry out inspections of colleges and universities in China, and continue to "look back" on provinces, autonomous regions and municipalities to achieve full coverage of inspections during a term of office. After the full coverage is completed, the Central Leading Group for Inspection Work will comprehensively summarize the experience of the 18th inspection work, further improve relevant systems, and put forward opinions and suggestions for future work.

　　Q: Are Li Liguo and Dou Yupei, former leaders of the Ministry of Civil Affairs, under review? A: The Central Commission for Discipline Inspection is reviewing.

　　In response to a reporter’s question, Luo Dongchuan said that according to the "Regulations on Accountability in the Communist Party of China (CPC)", leading cadres who have neglected their duties in managing the Party should be held accountable. According to the inspections and reports from the masses, the relevant leaders of the Ministry of Civil Affairs have some reflections in this regard. Now the Central Commission for Discipline Inspection is reviewing them. Once the facts and the situation are clearly checked, according to their disciplinary facts and nature, they will be punished according to the regulations on disciplinary actions. At the end of the treatment, relevant news will be announced to the public.

Roewe released ＂D Strategy＂, and D7, the first model of D family, went on the market, with an equity price of 121,800 yuan.

journalistYan Yao and Lin Andong
take a photographZhang Yuanyuan
Picture sourceEnterprise officersquare

On November 8th, the Roewe D7, the first product of the brand-new sequence "D Family" of SAIC Roewe, was officially launched. The new car was positioned as a mid-to high-end sedan, and two versions of pure electric EV and plug-in hybrid DMH were launched, with the price range of 149,800 ~ 176,800 yuan respectively.12.5810,000 ~ 145,800 yuan, combined with the listing rights, the end-user rights price is 143,800 ~ 170,800 yuan and 121,800 ~ 141,800 yuan respectively.

On that day,Wu Bing, General Manager of SAIC Passenger Car CompanyRoewe’s brand-new brand value proposition of "enterprising, trusting and joyful" was announced, and its "D strategy" was released, where "D" stands for Determine the Future, showing Roewe’s determination to face the changes and opportunities in the new automobile era, grasp the core technology and win the future. "D" also represents the naming meaning of Roewe’s "D family", namely, the dream of Digital Empowerment, sustainable development and Dream For Better Car Life for users in China and around the world, which means Roewe will empower sustainable travel through digital intelligence and create a better car life for users.

"Dreams are not enough. To realize dreams and build confidence, the most important thing is to act."Wu Bing said, "Roewe D family is a new serial product of Roewe. In the next three years, Roewe brand will launch at least eight new energy vehicles with D series as the core. Achieve pure electric to hybrid, compact to medium and large, from cars, SUVs to MPVs. "

In addition, Roewe brand also announced that Roewe’s "D Family" will carry out innovative cooperation with the big IP "Chang ‘an Three Wan Li", and select "Gao Shi", which is well-known in the history of ancient China literature and popular in Chang ‘an Three Wan Li, as an endorsement for Roewe D7 users.?

Technology leadership, unlisted has won awards.

At present, a new wave of price reduction in the automobile industry has been opened, and the market competition is more intense. "For SAIC, we have to pressurize ourselves and speed up the transition to a new track." Two days before Roewe D7 went public, Zu Sijie, vice president, chief engineer and president of Innovation Research and Development Institute of SAIC, told the media that in the next two years, SAIC will accelerate the launch of ten hybrid vehicle products, including cars, SUVs, MPVs and other models, to meet the needs of different market segments, different countries and regions, and to empower SAIC’s three-year action plan for the development of new energy vehicles.

Roewe D7 is the "vanguard" of this series of new products.

"After the test drive of the Roewe D7, I feel that this car is like a’ suitable man’ in a new energy vehicle, featuring a reality." Professional car critics give high-quality evaluation. Since Roewe D7 opened the pre-sale, the market response has been enthusiastic. On the technical side, Roewe D7 is equally strong, and has won several industry authoritative awards with its core technology.Not long ago, the results of the "2023 Hybrid Vehicle Extreme Challenge" were announced. Roewe D7 DMH beat BYD Han DM-i, Accord PHEV and other models in the same group with outstanding performance and won the first place in the medium and large car group. At the same time, in the fuel consumption test, Roewe D7 DMH won the championship of all models (including BYD Qin Plus DM-i, Geely Yinhe L6, etc.) with ultra-low fuel consumption of 4.61L/100km.

In the just-concluded "China Heart" 2023 Top Ten Engine and Hybrid System Selection, Roewe D7
With excellent technical strength and excellent performance, DMH stands out from the powertrain of 15 cars, including Changan Ford, BMW Brilliance and FAW Hongqi, and won the honorary title of "Top Ten Engines and Hybrid Systems".

In the crazy "involution" of new energy vehicle technology, in 2023, the automobile industry ushered in the accelerated transformation of intelligent electrification. Both traditional car companies and new car-making forces are competing for the right to speak in the market with stronger strength and lower prices. The Roewe D7 listed this time has "rolled up" new strength in the new energy vehicle market.

"In order to ensure the stability of the DMH super hybrid system, we drove the test car across the Heihe River at-38 C and Turpan, where the surface temperature reached 58 C. It can withstand the test whether it is cold or high temperature." Qiu Jie, vice president of SAIC Innovation Research and Development Institute, gave a set of data: the durability verification of DMH super hybrid system reached more than 100,000 hours, and the vehicle road durability test exceeded 10 million kilometers; At the same time, the design life of the hybrid gearbox has exceeded 1 million kilometers, and the engine has experienced millions of full throttle start-stop and extreme temperature shock tests from -30℃ to 117℃, ensuring the design life of the engine for 10 years/240,000 kilometers.

"Compared with BYD Qin PLUS DM-i gearbox, SAIC’s intelligent and efficient hybrid gearbox is smaller and lighter, but its output power and integration are higher, and its mechanical transmission efficiency reaches 98.5%. Just like the evolution of electronic products, mobile phones are getting thinner and lighter, but their performance is improving rapidly. " Qiu Jie said.

Initiate "five in one"
Focus on the mainstream family car market

How can we truly take users as the center and make electrification the lowest cost and the best performance?

"Energy domain" is a new concept first put forward by SAIC Roewe in the industry. What is the "energy domain"? During the research and development of the new generation hybrid system, SAIC technical team creatively developed a highly integrated powertrain brain PICU. The five-in-one functions of motor control, engine control, hybrid gearbox control, air conditioning thermal management and battery thermal management can be realized through the powertrain brain PICU, so as to realize "variable sharing" by "domain".

This innovative method saves 70% redundant components in vehicle manufacturing, reduces the network load and data delay in the vehicle, and improves the operation speed by 50%.

"Faster, you can bring us more imagination." Qiu Jie said that thanks to the powertrain brain PICU, the Roewe D7 DMH’s dynamic response time is only 0.26 seconds, which is twice as fast as competing products at the same level. Speed-up and overtaking are "one step ahead".

Not only is it faster, but the fuel consumption level of the new generation of DMH super hybrid system is significantly better than the existing competing products in terms of economy. Taking Roewe D7 as an example, after actual measurement, compared with competing products at the same level, it saves fuel by nearly 10%; At the same time, due to the reduction of the heat load of the hybrid engine, the user’s maintenance and use cost are reduced by more than 10%.

In this melee, some brands pursue deep binding with labels such as young trends and smart driving, and some brands choose to exert their strength upwards, and the sword refers to the high-end new energy car track. Roewe, the first company in the industry to propose and mass-produce "Internet cars", is still deeply involved in the mainstream family car market.

Insist that users spend the least money and run the farthest. Relying on the DMH super hybrid system, Roewe D7 is equipped with a special high-efficiency long-life battery and a 1.5L hybrid engine. The comprehensive cruising range of CLTC can reach 1400km, which can meet the needs of the whole scene. At the same time, Roewe D7 brings a more fuel-efficient experience with 43% thermal efficiency.

In addition, Roewe D7 EV is equipped with two Rubik’s Cube batteries with different power levels, and the CLTC cruising range can reach 510km and 610km respectively, which is enough to meet the daily commuting needs.

A "qualified" family car needs a sense of quality, comfort and technology on the basis of competition technology and use cost.

In appearance, Roewe D7 has a wheelbase of 2810mm and a body size of 4890*1890*1510mm. Sitting in the car, Roewe D7′ s innovative "Yunsu Intelligent Cockpit", especially the main driver’s seat, can realize "one-button big lying" and change into a 1.7-meter cot every second. In the central control part, Roewe D7 is equipped with a 12.3-inch super-long LCD central control large screen, equipped with a brand-new zebra intelligent driving machine system, which combines the functions of multi-language and multi-meaning, and creates a futuristic car experience.

For the vast majority of ordinary consumers, they can still achieve an "intelligent and efficient" travel experience without paying very expensive costs. Liu Jing ‘an, senior product director of Roewe Brand Division of SAIC Passenger Cars, said: "In the past, car companies that developed hybrid technology paid more attention to data than actual usage scenarios and user needs. Nowadays, the emergence of Roewe DMH super hybrid system pays more attention to the real needs of users, and is committed to transforming the value of hybrid technology into user value, so that China people can go from’ saving buying’ to’ buying value’. "

After more than ten years of technology accumulation, Roewe has accumulated a lot.

Without accumulating each short step, one cannot cover a thousand miles.

In recent years, the strong desire to win market recognition and meet users’ needs has enabled China automobile brands to grasp every detail and strive to achieve every breakthrough.

"SAIC is one of the earliest vehicle manufacturers in China to realize self-research and mass production of powertrain systems such as engines and gearboxes. The blue core series products have won numerous awards for engines and gearboxes at home and abroad." Zu Sijie said that since the launch of the first Roewe 750 Hybird model in 2010, SAIC has been deeply involved in the hybrid system for more than ten years, and has sold nearly 500,000 hybrid vehicles. It has successively launched Roewe e550, Roewe e950, Roewe eRX5, MG eHS and other plug-in hybrid vehicle products that sell well at home and abroad.

In 2017, SAIC’s "Key Technology and Industrialization of Low Energy Consumption Plug-in Hybrid Passenger Cars" project won the "Second Prize of National Science and Technology Progress Award", which was not only the only automobile project among the award-winning projects in that year, but also the new energy vehicle technology won the national science and technology award for the first time. In addition, the project of "Key Technology Research and Industrialization Application of SAIC Plug-in Hybrid" and the project of "Independent R&D and Industrialization of Roewe e550 Plug-in Hybrid Car" won the first prize of China Automotive Industry Science and Technology Award and the first prize of Shanghai Science and Technology Progress Award respectively.

Since 2021, no matter from the perspective of market scale, user experience or technological development, both plug-in hybrid and extended-range hybrid have ushered in a new stage of development: hybrid products have changed from a vehicle platform based on "oil to electricity" to a product stage with the goal of reducing fuel consumption, to a vehicle platform based on "electricity to hybrid" and a super hybrid product stage that pays more attention to user experience.

Facing the profound changes in the automobile industry, on the basis of more than ten years of mixed research and development, with the acceleration of the "Three-year Action Plan for the Development of SAIC New Energy Vehicles", SAIC Roewe has launched a new round of "Xiangxin", and plans to launch eight new energy vehicles in the next three years, and actively create independent brands, distinctive advantages and explosive products with distinctive identification and technological leadership.

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?

EV Morning News ｜ China’s assets are boiling across the board! Nasdaq China Golden Dragon Index soared more than 9%, offshore RMB is approaching the 7 mark; class A shares three major indexes collecti

??important news

??China’s assets are boiling all over the place! The Nasdaq China Golden Dragon Index has soared by more than 9%, and the offshore RMB is approaching the 7 mark

On September 25th, the skyrocketing momentum of class A shares spread to popular Chinese stocks, and the Nasdaq China Golden Dragon Index continued to soar after gaping nearly 4%, maintaining a strong rise throughout the day, closing up 9.13%, the largest increase since the end of 2022 (the index closed up 9.62% on November 30, 2022). Boss Zhipin rose more than 19%, Bilibili rose more than 17%, Tencent Music rose more than 16%, Kingsoft Cloud, iQIYI rose more than 14%, Tiger Securities, JD.com, Dada Group rose more than 13%, XPeng Motors, NIU, Weibo, NIO, Li Auto, Dingdong Maicai rose more than 11%, Ctrip Group, NetEase rose more than 8%, Alibaba, New Oriental, Baidu, Parkson China rose more than 7%. CNBC mentioned that the Chinese government has taken measures to stimulate economic growth, and the Chinese stock market has performed well.

The sharp rise in Chinese assets also provided a significant boost to European stocks. Major European stock indexes closed higher, with Germany’s DAX index closing up 0.8%, France’s CAC 40 index closing up 1.28%, Britain’s FTSE 100 index closing up 0.28%, and the Eurozone STOXX50 index closing up 1.13%. Reuters analysis said that European luxury goods giants and automakers and other companies with operations in China led the gains, and mentioned that the Chinese central bank announced extensive monetary stimulus and real estate market support measures.

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International oil prices rose on the 24th. As of the end of the day, light crude oil futures for November delivery on the New York Mercantile Exchange rose 1.19 US dollars to close at 71.56 US dollars a barrel, an increase of 1.69%; London Brent crude oil futures for November delivery rose 1.27 US dollars to close at 75.17 US dollars a barrel, an increase of 1.72%. Reuters said that news of monetary stimulus measures from China, the world’s largest crude oil importer, and concerns that intensifying conflicts in the Middle East could affect regional supplies, oil prices rose to recent highs.

Gold and silver prices rose significantly, as of press time, COMEX gold rose 1.12%, reported $2682.3/ounce, a record high; COMEX silver rose 4.41%, reported $32.455/ounce.

The US dollar index fell on the 24th. The offshore RMB rose 0.73% against the US dollar on the 24th to close at 7.0109, surging 513 points during the day, approaching the 7 key mark.

??Class A shares three major indexes collectively rose

Financial sector news on September 24th, in a series of policy combination fist, the three major indexes opened high. As of the close, the Shanghai Composite Index rose 4.15%, up 114.21 points, reported 2863.13 points; Shenzhen Composite Index rose 4.36%; growth enterprises market index rose 5.54%. Class A share traded 974.76 billion yuan throughout the day.

On the 24th, 5165 stocks of class A shares rose, 23 were flat, and 160 were down. 31 Shenwan-level industries were red across the board. Food and beverage (Shenwan), non-bank finance (Shenwan), steel (Shenwan), coal (Shenwan) and other industries were among the top gainers.

The financial sector strengthened across the board. Brokerage stocks broke out, Oriental Fortune rose 11.46%, Pacific, Capital Securities, Seawater Securities, Jinlong Shares, and Tianfeng Securities rose by the daily limit. 36 of the 51 brokerage stocks rose by more than 5%.

Insurance stocks and bank stocks all received dividends. Among insurance stocks, Tianmao Group rose by the daily limit, Xinhua Insurance rose by more than 8%, China Pacific Insurance rose by more than 6%, and China Ping An rose by more than 5%; among bank stocks, Bank of Communications and Changshu Bank rose by more than 6%, and Bank of Ningbo, China Merchants Bank, Shanghai Pudong Development Bank and Wuxi Bank rose by more than 5%.

On that day, the top ten stocks by turnover included Kweichow Moutai, Oriental Fortune, Changshan Beiming, CITIC Securities, Wuliangye, Ping An of China, Industrial Fulian, Baobian Electric, and China Merchants Bank. Among them, Kweichow Moutai had the highest turnover, exceeding 13 billion yuan, an increase of 8.8%; Ningde Times rose nearly 5%.

Zhang Yongzhi, deputy general manager of the fixed income department of Huashang Fund and manager of Huashang Steady Double Interest Bond Fund, said that the three departments collectively support the capital markets and inject liquidity funds into the stock market through multiple channels. State investment institutions, fund companies and other market institutions and listed companies are expected to receive sufficient liquidity support, which may provide better support for the stabilization and rise of the stock market.

Huafu Securities released a research report that this financial policy combination is of great significance to support the real economy and boost confidence in capital markets.

??The central bank announced: cut interest rates, cut interest rates, and reduce the stock of mortgage interest rates

On September 25, Qianlong.com reported that on the morning of September 24, the State Council Information Office held a press conference. Pan Gongsheng, Governor of the People’s Bank of China, Li Yunze, Director of the State Financial Supervision and Administration, and Wu Qing, Chairperson of the China Securities Regulatory Commission, introduced the situation of financial support for high-quality economic development and answered reporters’ questions. A number of weighty policies were launched at the same time to increase the intensity of monetary policy regulation and control to further support stable economic growth.

Point 1: Reduce the deposit reserve ratio and policy interest rate

In the near future, the deposit reserve ratio will be cut by 0.5 percentage points to provide long-term liquidity to financial marekt of about 1 trillion yuan; in this year, depending on the market liquidity situation, the deposit reserve ratio may be further reduced by 0.25-0 percentage points. Reduce the central bank’s policy interest rate, that is, the 7-day reverse repurchase operation rate, by 0.2 percentage points, from the current 1.7% to 1.5%, and guide the loan market quotation rate and deposit rate to decline simultaneously, to maintain the stability of the net interest margin of commercial banks.

Point 2: Reduce the interest rate of the existing mortgage and the minimum down payment ratio of the unified mortgage

Guide commercial banks to reduce the interest rate of existing mortgages to near the interest rate of newly issued loans, which is expected to decrease by about 0.5 percentage points on average. It is expected to benefit 50 million households, 150 million population, and reduce the average annual interest expenditure of households by about 150 billion yuan.

Unify the minimum down payment ratio for first and second suites, and reduce the minimum down payment ratio for second suites at the national level from the current 25% to 15%.

The central bank’s capital support ratio in the previously created 300 billion yuan affordable housing reloan will be increased from 60% to 100%, strengthening market-oriented incentives for banks and acquirers.

The two policy documents, operational property loans and "financial 16", which expire before the end of the year, will be extended until the end of 2026.

Point 3: Create new monetary policy tools to support the stable development of the stock market

The first is to create a securities, funds, and insurance company swap facility to support eligible securities, funds, and insurance companies to obtain liquidity from the central bank through asset pledges. This policy will greatly enhance institutions’ ability to obtain funds and increase their stock holdings.

The second is to create a special project for share repurchase and share increase, and guide banks to provide loans to listed companies and major shareholders to support share repurchase and share increase.

Point 4AIC’s equity investment pilot will be expanded to 18 cities

The State Administration of Financial Supervision will optimize the pilot policy for equity investment in financial asset investment companies (AICs).

First, the scope of the pilot will be expanded from the original Shanghai to 18 large and medium-sized cities with active technological innovation, including Beijing.

Secondly, the restrictions will be relaxed, and the restrictions on the amount and proportion of equity investment will be appropriately relaxed. The proportion of institutional investment in the balance sheet will be increased from 4% to 10%, and the proportion of investment in single Private Offering Funds will be increased from 20% to 30%.

Third, guide relevant institutions to implement the requirements of due diligence exemption and establish and improve long-term differentiated performance appraisal.

Point 5Treasury bond trading is included in the monetary policy toolbox

At present, the People’s Bank of China has included the purchase and sale of government bonds in its monetary policy toolbox and has begun to experiment with it.

Point 6Support the acquisition of real estate enterprises’ existing land

On the basis of using some local government special project bonds for land reserves, we will study and allow policy banks and commercial banks to lend to support qualified enterprises to purchase land in the market, revitalize the existing land, and ease the financial pressure of housing enterprises. When necessary, the People’s Bank of China can also provide re-loan support.

Point 7Multiple measures to promote the entry of medium and long-term funds into the market

The Securities Supervision Commission and other relevant departments have formulated the "Guiding Opinions on Promoting Medium and Long-term Funds to Enter the Market", which will be released in the near future, focusing on three measures:

The first is to vigorously develop equity-based public funds.

The second is to improve the institutional environment for "long-term investment".

The third is to continuously improve the ecology of capital markets.

Point 8The state plans to increase capital in six large commercial banks

After studying the national plan to increase core Tier 1 capital for six large commercial banks, it will be implemented in an orderly manner according to the idea of "overall promotion, phased and batch, one line, one policy". The State Administration of Financial Supervision will continue to urge large commercial banks to improve their refined management level and strengthen their high-quality development capabilities under capital constraints.

Point 9Further optimization of loan renewal policies for small and micro enterprises

Expand the loan renewal target from some original small and micro enterprises to all small and micro enterprises. Small and micro enterprises that have real financing needs after the loan expires and have financial difficulties can apply for loan renewal support if they meet the conditions.

Expand the loan renewal policy to medium-sized enterprises in stages, with a tentative term of three years, that is, for medium-sized enterprise working capital loans that expire before September 30, 2027, you can refer to the loan renewal policy for small and micro enterprises.

Adjust the risk classification standards, and renew the loans of enterprises with legal compliance, continuous operation and good credit, and do not reduce the risk classification separately due to the renewal of loans.

Point 10Securities Supervision Commission will issue six measures to promote mergers and acquisitions

In order to further stimulate the vitality of the M & A and reorganization market, the Securities Supervision Commission has studied and formulated six M & A articles on the basis of extensive research and listening to the opinions of all parties in the previous stage, that is, "Opinions on Deepening the Reform of the M & A and Restructuring Market of Listed Companies", adhere to the market direction, and better play the role of the main channel of capital markets in M & A and reorganization.

??domestic

??Sales list for the third week of September: All TOP10 brands declined, and Xiaopeng, NIO, and Wenjie fell sharply

First Electric September 24th news, in the third week of September (9.16-9 22) new energy vehicle end point sales released. Affected by the Mid-Autumn Festival holiday and other factors, the Chinese auto end point market declined in the third week of September. TOP10 new energy/new power/luxury car brands all declined, including Lexus, Mercedes-Benz, BMW, Q Jie and other luxury car brands, as well as Zero Run, Ai’an, Extreme Fox sales fell by more than 20% month-on-month; Extreme Krypton, Xiaopeng, NIO, Tesla, Galaxy, Audi sales fell by more than 10% month-on-month. It is worth noting that, thanks to the price reduction promotion of ID.3, Volkswagen replaced Extreme Krypton on the list of new energy brands again; Wei brand replaced Dengshi and entered the top 10 of the new power list for the first time; Ideal once again surpassed BBA to win the second place in the luxury list.　

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??BMW China denies price cut rumors, maintaining recommended retail price unchanged

BMW China has denied recent rumors that it is withdrawing from the price war. BMW China said that the company has not adjusted the recommended retail price, and authorized dealers will decide the retail price according to market conditions. Previously, there were rumors that BMW may cut the price of models due to factors such as sales fluctuations, market pressure and increased competition. On September 11, BMW lowered its full-year profit margin forecast due to weak demand in the Chinese market and problems with the braking system of German auto parts supplier Continental, which caused BMW’s share price to fall to its lowest point in nearly two years. BMW expects deliveries to decline slightly this year, compared with previous expectations for a slight increase, and full-year EBIT margins are expected to be between 6% and 7%, down from 8% to 10% previously.

??August luxury car sales plummeted: BMW, Bentley and other brands saw an alarming decline

Fast Technology reported on September 24th that the domestic luxury car market suffered a decline in sales in August. Among the 30 luxury brands, only three brands, SAIC Audi, SMART and Polaris, achieved positive sales growth, while the other 27 brands saw sales decline year-on-year. BMW Brilliance sales fell 47.12% year-on-year, Cadillac fell 37.09%, and Infiniti fell 67.39%. Among the ultra-luxury brands, Bentley, Maserati, Ferrari, Rolls-Royce and McLaren all saw sales decline by more than 35% year-on-year. At the same time, the total domestic car sales rose by 8.5% month-on-month, but fell by 5% year-on-year. The decline in luxury cars far exceeded that of the mainstream car market.

Sales in the domestic luxury car market generally fell in August, with only three brands posting positive growth. BMW Brilliance sales fell 47.12% year-on-year, Cadillac 37.09% and Infiniti 67.39%. Ultra-luxury brands saw a sharper year-on-year decline, with Bentley, Maserati, Ferrari, Rolls-Royce and McLaren all exceeding 35%. Total domestic car sales rose 8.5% month-on-month, but fell 5% year-on-year, and the decline in luxury cars far exceeded that of the mainstream car market.

??GAC Trumpchi partners with Huawei to launch smart concept car 1 Concept in 2025

On September 24th, it was reported that GAC Trumpchi’s new concept car 1 Concept was officially released. The new car adopts Huawei’s smart car solution, equipped with Huawei Hongmeng cockpit and Qianhe Intelligent Driving ADS 3.0 system, and is expected to be listed in Quarter 1 in 2025. 1 Concept has a low-lying appearance. There are large-size interactive lights on the front face. LED daytime running lights run through the front of the car and are equipped with time-rotating shaft headlights. The streamline design on the side of the body, the length of the car is 5128mm, the width of the car is over 2000mm, and the wheelbase is 3000mm. It adopts short front and rear suspension and long wheelbase design. The Huawei ADS 3.0 system installed can realize the intelligent driving NCA from parking space to parking space. It arrives with one click. It supports leaving the car and can be parked in a very narrow parking space GAC Trumpchi and Huawei’s cooperative models will cover cars, SUVs, and MPVs, all of which are equipped with Huawei’s new generation of Hongmeng cockpit and ADS 3.0.

??Zhiji LS6 medium and large SUV newly upgraded, pre-sale 229,900

On September 25th, the Zhiji brand officially announced that the new Zhiji LS6 will be launched on September 26th. The pre-sale price range of this medium and large SUV is 22.99-29 9,900. The new car will be equipped with a digital chassis of the lizard, and will be upgraded in terms of appearance and smart driving. Zhiji also announced that the IM AD No Picture City NOA will be launched nationwide in October and will push all models. The new Zhiji LS6 has been adjusted in detail in the design. The headlights and fog lights are more minimalist, the front surround is redesigned, and the tail is equipped with a through taillight group and a ducktail shape to enhance the sense of sports.

??Geely Galaxy E5 sales break 20,000, capacity upgrade to meet demand

On September 24th, Geely Galaxy held a question-and-answer activity for its latest model Galaxy E5, responding to a number of consumer concerns. The official confirmed that only users who have opened the VIP service can enjoy the complete experience of 16 speakers of the Flyme Sound sound system. Regarding the question of the priority of small-order users to pick up the car, the official explained that although small-order users enjoy priority, the actual pickup time is still affected by many factors. Since the launch of the Galaxy E5, the market has responded enthusiastically, and the delivery volume has exceeded 20,000 within 45 days. The founder of Geely personally delivered the key for the 20,000 owner. In order to meet the growing market demand, the factory of Galaxy E5 completed a two-week capacity upgrade in September, and it is expected to be able to fully meet the delivery demand in October.

??Huawei Smart R7 pre-sale starts

First Electric reported on September 24th that Huawei announced the pre-sale of the Smart R7 at the autumn all-scene new product launch conference, which is expected to be launched soon. The Smart R7 is the second model cooperated by Huawei and Chery. It is positioned as a medium and large coupe SUV. The pre-sale price starts from 268,000 yuan, which is comparable to the Tesla Model Y. In design, the Smart R7 adopts a front face similar to the M9, and has the lowest wind resistance coefficient in the world’s mass-produced SUVs. The car adopts a yacht-style environmentally friendly cockpit design, equipped with a screen and a heating and cooling refrigerator. The co-pilot has a zero-gravity seat, and the rear leg space is about one meter. The seat has ventilation, heating and massage functions.

In terms of intelligence, Zhijie R7 is equipped with Hongmeng Zhixing system to enhance the intelligent interaction experience. The power system adopts 800V high-voltage SiC drive motor and 800V fast charging architecture, with a maximum battery life of 802 kilometers. The pre-sale of Zhijie R7 starts from 268,000 yuan. With performance, intelligent technology and comfortable experience, it is expected to become a market competitive product.

??Geely Star Wish pure electric car pre-sale opens: 78,800, battery life 310-410km

Fast Technology September 24th news, Geely Automobile launched a new pure electric car Star Wish, pre-sale price range of 7.88-10 7,800 yuan. The new car adopts a new design language, providing seven car color options, body size is 4135 * 1805 * 1570mm, wheelbase 2650mm, positioning small car. In terms of power, Star Wish provides two single motor power, with a maximum output of 79 horsepower and 116 horsepower, equipped with Ningde Times battery core and liquid-cooled temperature control system, battery life is divided into 310km and 410km two versions, support 1.66C maximum charging rate, 30-80% fast charging time 24 minutes, 10 minutes to supplement the battery life of 120km.

The launch of Geely Star Wish will further enrich Geely’s layout in the pure electric car market, competing with BYD Seagull, Dolphin and other models.

??Haobo NDA3.0 Upgrade: A New Breakthrough in National Autonomous Driving

On September 24th, according to official news, Haobo will push the NDA3.0 system update on September 30th, aiming to improve the recognition and intelligence level of vehicles. This update involves models such as Haobo HT, Haobo GT and Tyrannosaurus Rex single lidar version. NDA3.0 processes information through a single neural networks, reducing losses during transmission and improving the ability to understand complex scenes. The technology can provide a stable driving experience in changeable environments, including complex situations such as backlighting at night and construction sections. Haobo NDA3.0 can also accurately identify and bypass special-shaped obstacles, such as cartons, stones, etc., and flexibly handle the traffic intentions of vehicles and pedestrians on congested road sections. Haobo is committed to promoting smart driving technology, has gained access to the L3 market, and plans to achieve large-scale production of L4-level technology by 2025.

??Changan Qiyuan A07 True Fragrance Edition will be ordered on September 26 and upgraded to L2 + assisted driving.

According to Changan Automobile, the new Changan Qiyuan A07 True Fragrance Edition will be available for pre-order on September 26. This medium and large sedan is the new work of Changan Automobile in this market segment, and the price range of the current model is 13.59-17 6,900 yuan. The whole system comes standard with L2 + level driver assistance system, equipped with IACC intelligent pilot function, front-facing camera is upgraded to 800W pixels, and the UI interface is optimized. The pre-sale price is expected to be the same as the current model, starting at about 135,900 yuan.

??BAIC New Energy cuts production capacity by 200,000 vehicles

On September 24th, it was reported that BAIC New Energy announced that it will adjust its production capacity from 320,000 to 120,000 vehicles and cut 200,000 vehicles to optimize the production capacity of new energy vehicles and focus on high-end manufacturing. BAIC New Energy’s production capacity includes 120,000 vehicles at the Miyun plant and 150,000 vehicles at the Zhenjiang base of Jichu. In recent years, the company’s sales have a big gap with the peak period. The sales volume in 2022 and 2023 are about 50,200 and 92,200 vehicles respectively. The cumulative sales volume in the first eight months of this year is about 52,000 vehicles, an increase of 12% year-on-year, but there is still a gap compared with competitors such as BYD. BAIC Blue Valley has suffered continuous losses since 2020. The net losses from 2020 to 2023 were 6.48 billion yuan, 5.24 billion yuan, 5.47 billion yuan and 5.40 billion yuan, respectively. The net loss in the first half of this year reached 2.57 billion yuan, and the cumulative loss in four and a half years reached 25.161 billion yuan.

BAIC New Energy is making every effort to build three major brands: Jihu, BEIJING and Xiangjie. Among them, Xiangjie S9 is regarded as the key to whether the company can return to the top. Xiangjie S9 connects to Huawei’s ecosystem through Huawei’s smart selection model, obtains technological upgrades, and uses Huawei’s sales channels to expand market entry. In the context of intensified market competition, it remains to be seen whether BAIC New Energy can turn losses and profits through cooperation with Huawei.

??Tesla Model 3 automatic parking failure, staged a "escape" drama

Fast Technology reported on September 24th that the incident of domestic new energy vehicles accidentally running to the road during automatic parking has attracted widespread attention, but car companies have not yet announced the detailed reasons. At the same time, a similar incident has also occurred in the United States, involving a Tesla Model 3. Surveillance video shows that a female driving Model 3 arrived at the door of her house. After using her mobile phone to activate the unmanned automatic parking function, the vehicle began to try to reverse and enter the yard. However, the vehicle suddenly stopped when it was about to complete the parking, and then continued to move forward and turned right to the road. The female owner tried to stop the vehicle, but the vehicle instead accelerated to flee. The final result is unknown because the camera failed to capture the follow-up situation. netizens joked whether this is an AI awakening, but considering that the vehicle can be controlled through the mobile phone, it should not be too much of a problem.

??Millet car 1.3.0 update, intelligent driving function fully upgraded

On September 24, Xiaomi Automobile released the 1.3.0 version of the software update, introducing a number of intelligent driving function optimizations and innovations. The update includes the enhancement of the "small road traffic" function, which improves the environmental modeling ability and can identify and handle complex road conditions more finely. Longitudinal functions have also been optimized, allowing vehicles to decelerate or avoid when facing reverse vehicles, pedestrians, etc. In addition, the intersection speed limit logic and lane selection logic have been optimized to improve the efficiency of passing through intersections.

??Ledao L60 went on sale for 72 hours: orders were full, and Tesla became the main competitor

Fast Technology September 24th news, NIO’s sub-brand L60 listed last week, providing rental services, starting at 149,900 yuan, the market response was enthusiastic. Although the official did not announce the specific order volume, but the founder of NIO and Ai Tie Chengdu said that the new car orders have increased significantly. According to car blogger Sun Shaojun, within 72 hours of the launch of the new car, 160 to 180 new orders were added to each store, the conversion rate of pre-sale orders was between 30% and 35%, and the number of customers entering the store increased by 700% to 800%.

At present, the total number of Ledao channels is about 150 to 200. Weekends are the peak for entering the store, and test drives need to be queued. Most of the car buyers are pure family users around 30 years old, and the replacement ratio is 50% to 60%. 70% of customers choose the battery rental plan. In terms of configuration choices, 90% of users choose rear drive and standard battery life (60kWh), with polar silver as the mainstream color. In the competitor comparison, 60% of customers consider Tesla Model Y, and northern users consider the ideal L6 more. Choosing Ledao L60 mainly focuses on its space and power exchange capacity.

??SAIC-GM-Wuling unveils ASEAN strategy

On September 24, SAIC-GM-Wuling held an ASEAN strategy conference in Nanning, which will become the first Chinese auto company to build in Indonesia. The first phase of investment is 1 billion US dollars, and the first phase of production capacity is 120,000 vehicles. It is expected to drive the development of 70 Indonesian **. At present, the company has achieved exports to more than 104 countries and regions. As of August 2024, the global cumulative exports exceeded 1.07 million units, and the overseas cumulative export amount reached 46.516 billion yuan.

??international

??Potassium metal battery breakthrough: Northeastern University develops stable anode for over 2,000 hours

On September 24th, Gaishi Automotive News, according to the journal eScience, researchers at Northeastern University and their collaborators have made a breakthrough in the field of potassium metal batteries (PMB). They have developed a hybrid interface layer rich in KF/Zn, which can effectively improve the electrochemical performance of potassium metal anodes and extend cycle stability to more than 2000 hours. This innovative method solves the problem of uncontrolled branch growth and interfacial instability in PMB by improving the transport kinetics of ions and electrons, paving the way for the commercial application of potassium metal batteries.

??Northvolt cuts 20% of its global workforce, increases production at its Swedish factory to cope with financial pressure

Northvolt, the European battery industry leader, announced on the 24th September that it would cut 20 per cent of its workforce globally in response to financial pressures. The company has cut 1,600 employees in Sweden, accounting for 25 per cent of its local workforce. Northvolt plans to scale back spending on other projects and focus on ramping up battery production at its Schelefteo plant in northern Sweden to increase revenue.

Northvolt faces challenges including technical issues with capacity, slowing demand for electric vehicles and increased international competition. The company is seeking 7.50 billion Swedish krona (about $737 million) to cover September salaries. This follows BMW’s cancellation of its 2 billion contract with Northvolt due to delivery quality issues, while Volkswagen also expressed dissatisfaction with Northvolt’s delivery speed. Nonetheless, Volkswagen reiterated its continued support for Northvolt, and BMW expressed its trust in the company.

??The number of electric vehicles in Norway has exceeded that of gasoline vehicles for the first time

According to data released by the Norwegian Road Federation (OFV), Norway has become the first country in the world to have more electric vehicles than gasoline cars. Of the 2.80 million passenger cars registered in Norway, 26.3% are slightly higher than gasoline cars at 26.2%. Diesel cars account for 35% and remain the most common model. The number of passenger cars in Norway is expected to increase to 3.10 million by 2030. Norwegian government incentives, such as exempting electric vehicle sales and emissions taxes and reducing tolls and parking fees, have promoted the popularity of electric vehicles. Of the 11,114 cars sold in Norway in August, electric vehicles accounted for 94%.

The Norwegian government wants to end sales of all new petrol and diesel cars by next year. Diesel car sales have soared since the tax benefit was introduced in 2007, but have fallen since peaking in 2017 as the electric car market has grown. In September, the number of diesel cars on Norway’s roads fell below 1 million for the first time.

Globally, about 18 per cent of new cars last year were electric. Electric cars and trucks accounted for 22 per cent of new vehicle sales in China, 14 per cent in Europe and 7 per cent in the US. While global EV sales are growing rapidly, growth in the US has fallen short of expectations, in part because of lagging charging networks and cooling consumer enthusiasm.

??LG Chem signs battery material supply agreement with Toyota Panasonic joint venture

LG Chem has signed a supply agreement for cathode active materials (CAM) for electric vehicle batteries with Prime Planet Energy & Solutions (PPES), a joint venture between Toyota and Panasonic. Under the agreement, LG Chem will supply CAM to PPES ‘Japanese plant from 2026, but the specific supply volume has not been disclosed. The partnership is part of LG Chem’s expansion strategy and aims to develop in tandem with PPES’ electric vehicle battery strategy.

Founded in 2020, PPES has grown rapidly, with a third battery factory in China announced in 2022. Toyota’s joint venture carries the automaker’s international EV goals. In 2022, Toyota decided to invest up to 730 billion yen (about $5.60 billion) to produce EV batteries in Japan and the United States, with the project scheduled to start between 2024 and 2026.

??Philippine auto market sales rose 7% in August, with Toyota leading the way

New vehicle sales in the Philippines rose 7% year-on-year to 39,155 vehicles in August from 36,714 in the same period last year. Cumulative vehicle sales in the Philippines rose 10% to 304,765 units in the first eight months of this year. Commercial vehicle sales rose 9% to 224,438 units, and passenger vehicle sales rose 14% to 80,327 units. Toyota led with 140,654 units, followed by Mitsubishi, Ford, Nissan and Suzuki.

Growth in the Philippine car market was driven by strong domestic economic activity. Gross domestic product grew 6.3 per cent year-on-year in the second quarter, while household spending growth was steady at 4.6 per cent. The government’s zero-tariff programme has added cars and local automakers plan to introduce more hybrid models.

??Geely Automobile partners with Tasco in Vietnam to build a factory and start production in 2026

According to a report on September 24, Vietnamese company Tasco signed a cooperation agreement with Geely Automobile Group to establish a joint venture car assembly plant in Taiping Province, Vietnam. The factory will use the form of CKD to assemble cars. The first annual production capacity is expected to be 75,000 vehicles, mainly assembling Lynk & Co and Geely brand models, and is expected to expand to other brands. The total investment of the project is about 168 million US dollars, with Tasco contributing 64% and Geely Automobile Group contributing 36%. Construction is expected to start in the first half of 2025 and the first models will be delivered in early 2026.

The partnership between Tasco and Geely Automobile Group will not only serve the Vietnamese market, but also plan to export to countries with which Vietnam has signed free trade agreements. Vietnam has previously attracted more investment from Chinese carmakers such as Chery Automobile and BYD.

??Zero Auto goes public in Europe and partners with Stellantis Group to expand its global market

On September 24th, Zero Auto announced that its C10 and T03 models were launched in Europe, and held a global media test drive event in Milan, Italy, officially entering the European market. The two models have been sold in 13 European countries including France, Germany, Greece, Italy. Zero Auto plans to expand its global sales channels to 350 in the fourth quarter of 2024, of which more than 200 will be sold in the European market.

In October 2023, Zero Auto and Stellantis Group established a global strategic partnership to jointly promote electric vehicle projects. The two parties jointly established Zero International Joint Venture, with Stellantis Group holding 51% of the shares and Zero Auto holding 49% of the shares.

??The European automotive industry faces new energy competition and Euro 7 emissions challenges

The European car industry is facing competition from China’s new energy vehicles and the upcoming Euro 7 emissions standards, IT House reported on September 24. The new standards will reduce the carbon dioxide emissions of new cars from 116 grams to 93 grams, and there will be heavy penalties for exceeding the standards. In response to the challenge, European automakers have invested 70 billion euros to develop new electric vehicle platforms and products, and electric vehicle sales will increase from 1% in 2018 to 15% in 2023. But Germany’s removal of incentives for electric vehicles and negative consumer sentiment has led to a slowdown in sales growth. Possible solutions include joining the CO2 pool, lobbying the European Union Commission to relax emissions targets or refocusing electric vehicle sales. However, these are only short-term solutions, and in the long term, automakers need more effective strategies to meet Euro 7 emissions standards. European automakers are challenged to find innovative and sustainable solutions to competitive pressures and emissions requirements as they pursue stricter Euro 7 emissions standards. As the electric vehicle market matures and consumer acceptance changes, automakers need to adjust their strategies to avoid significant fines and remain competitive.

??Volkswagen faces layoffs, unions demand job security

German union IG Metall has asked Volkswagen AG to keep all its plants in Germany and sign a new job guarantee agreement, Reuters reported on September 24. The union’s talks with Volkswagen are set to begin on September 25. The IG Metall union has called on workers to take part in demonstrations ahead of the talks, with leaflets accusing Volkswagen Group CEO Oliver Blume and Volkswagen brand manager Thomas Schaefer of preparing tombstones for the plants. It follows reports that Volkswagen Group could cut up to 30,000 jobs in Germany to improve competitiveness. The cuts mostly concern the research and development department, where between 4,000 and 6,000 of 13,000 research and development workers are expected to lose their jobs. Volkswagen’s labor council has denied the figure. Volkswagen Group Chief Financial Officer Arno Antlitz said that due to the weakness of the European market, the company lost 500,000 sales, and sales are not expected to recover immediately. It must cut expenses and adjust production to adapt to the transition to electric vehicles.

??Solid-state battery research requires standardized protocols

On September 24th, Galaxy Automotive reported that researchers from the University of Bayreuth published a report in the journal "Natural Energy" that despite billions of dollars invested in solid-state batteries worldwide, there is no uniform standard yet. Solid-state or all-solid-state batteries (ASSB) are expected to significantly increase energy density compared to traditional lithium-ion batteries and are seen as key to future electric vehicle energy storage systems. However, due to the lack of standardized protocols, the results of different research teams are difficult to compare. The researchers propose that a starting point needs to be established to achieve repeatability and comparability of battery cell tests, thus helping to reliably evaluate the innovation of this technology.

24 Lexus RX350 forgotten V6 family cars support zero down payment

Tianjin Port Free Trade Zone Bangyu International Commitment 1. All models sold by the company are directly interfaced from abroad, and the first-hand sources of goods are put on the market after strict inspection by the customs, and can be registered nationwide 2. The company sells all models. The procedures (close the ticket, commercial inspection form, consistency certificate, environmental protection list, purchase tax application form, electronic information form) are complete and enjoy the three-guarantee policy 3. Foreign customers pick up the car for free. The company will handle the national networking temporary pass for you. 4. The company provides insurance, staging, licensing, modification, car delivery and other car purchase follow-up services. Please contact the dealer for details at the bottom of the article.] Manager Liu: 18002126567 "Same WeChat"

Today I will show you an overlooked magic car. The new parallel import 350 is equipped with a 3.5L V6 engine, with a maximum output power of 216kW (294PS), a peak torque of 357N · m, and a transmission matching 8AT gearbox. Since the new generation RX has not launched 50 models in China, the RX350 will be introduced from parallel imports. The mid-scale version only has the 2.0 RX300 and the 262 horsepower RX450 (300 horsepower parallel imports).

The new 24 parallel imported RX350 adopts 8-speed manual transmission, all-wheel drive, active torque control system ATRC, manual paddle shift, electronic power steering EPS, engine anti-theft alarm, driving mode selection, VSC, TRAC, HAC, EPB, ABS, BA, EBD, Manager Liu: 18002126567 "Same WeChat"

New 24 parallel imported Lexus RX350 electric sunroof, tail wing, luggage rack, headlight cleaning, LED advanced matrix headlights, front LED lighting threshold, LED fog lights, automatic headlight leveling, rain sensing wipers, electric external heating rearview mirror, 12 airbags, smart card, one-button start, electric tailgate, Lexus safety system 2.0: collision prevention system, pedestrian detection, AHB automatic headlights, radar ranging, lane tracking assist system, blind spot monitoring + RCTA are all his standard Manager Liu: 18002126567 "Same WeChat"

The new 24 parallel imported Lexus RX350 is extremely rich in configuration, intelligent electric eye, reversing image, reversing side rear blind spot warning system with auxiliary braking function, leather gear handle, dual-zone automatic air conditioning + automatic air circulation system, pollen filter, heated rear seats, advanced punched leather seats, 4-direction electric waist support, driver’s seat with memory, front seat ventilation and heating, 10-direction adjustment front power seat, vertical headrest Manager Liu: 18002126567 "Same WeChat"

The new 24 parallel imported Lexus RX350 not only has a dynamic appearance, but also reflects a strong enough sense of movement in the interior of the vehicle. The car not only has the latest style of sports and multi-function steering wheel, but also will be equipped with a floating central control screen and the latest LCD meters. The sporty vehicle interior color scheme and the latest style of multi-function steering wheel have left a deep impression. Manager Liu: 18002126567 "WeChat"

The new 24 parallel imported Lexus RX350 comes standard with an 8.0-inch touchscreen or an optional 12.3-inch touchscreen suspended above the central control instrument panel. Considering its position at the top of the dashboard, the screen is still a bit difficult for the driver to reach, but it is very easy for the passenger to operate. Manager Liu: 18002126567

The new 24 parallel imported Lexus RX350 technology system includes: automatic anti-glare rearview mirror, rear privacy glass, welcome light, heated multi-function mahogany steering wheel, LUS advanced audio belt 12 speakers, destination auxiliary connection, embedded traffic weather information and map updates, LEXUS navigation, CarPlay, 12.3-inch display, remote control start. Manager Liu: 18002126567 "Same WeChat"

Manager Liu: 18002126567 WeChat

Tianjin Bangyu Automobile International Trade Co., Ltd. is a company that sells Mercedes-Benz, BMW, Porsche, Land Rover, Audi, Bentley, Maserati, Toyota, Lexus, and other luxury car brands and high-end cars. 18002126567 (same as WeChat) Manager Liu WeChat Moments updates a large number of parallel imported cars on the market every day, configuration, quotation, pictures. If you have any questions about purchasing a car, Tianjin parallel imported cars are exclusive, and I will answer you as soon as possible. Our advantages: Vehicles can enjoy national quality assurance, warranty, replacement, return, we have many years of successful experience for Client Server, to provide you with the best solution for you. Promise: The vehicles sold in our store are brand new and unaltered vehicles, formal procedures, we do not do the lowest price in the market, low no guarantee, do not do the highest price, high no feelings, only earn the money we should earn, only pay the payment, do things seriously, win-win cooperation, we can’t guarantee that you spend the least money in cooperation, I can guarantee that you will save the greatest heart, get quality, efficiency, interests, and win-win situation. Looking forward to the cooperation of every new and old customer! Serve with heart and pass on trust! I am willing to cooperate with you for a long time

Company Name: Tianjin Bangyu Automotive Co., Ltd.

Car purchase hotline: 18002126567 Manager Liu (same number WeChat)

Address: No. 288, Jingmen Avenue, Binhai New Area Free Trade Zone, Tianjin

Go shopping with Qin! Geely L6 intelligent／power superb 100,000 level Xiaopeng？

The second car in the Geely Galaxy series, the L6, will be officially launched in the third quarter of this year.

There is no need to avoid it. This is another fierce offensive launched by Geely against the BYD camp after the Galaxy L7 pursued the BYD Song PLUS DM-i, and the target of this attack will be the Qin PLUS DM-i.

In the face of the Galaxy L7’s sales performance of nearly 10,000 vehicles in the first month of listing, it seems that the Galaxy L6 will also "gain momentum".

Is intelligence a false proposition?

In recent years, with the rise of intelligent cockpits and intelligent driving tracks, the topic of intelligence has been very popular in the automotive industry, but at the same time, some users believe that it is the most important to improve driving performance and add more comfortable configurations. The so-called intelligence only needs to be given an easy-to-use navigation function.

Regarding the demand for intelligence, I believe that users of different ages, car experience and model prices may have different opinions, but if this thing is "you can’t go back after using it", then the most important thing that car companies need to do is to popularize intelligence.

In fact, from the perspective of popularization and intelligence, whether BYD’s continued popularity in recent years is also related to its strategy of realizing intelligent cockpits for all models, the answer to this question is probably clear to everyone.

Further, in order to strengthen the popularization of market intelligence, more traditional car companies with large volume and wide enough price coverage need to work together. Therefore, for Geely, especially for the Galaxy L6 in the entry-level market, the car needs to shoulder this noble mission from the beginning of the project.

Geely said that the Galaxy L6 project was completed in 2020 at the earliest. Looking back at the market environment at that time, it was the stage when the Model 3 with the task of intelligent revolution took off.

Due to this, a major advantage of the Galaxy L6 is its intelligence.

To this end, the new car has prepared a 13.2-inch central control vertical screen + 8155 chip combination, while following the Galaxy L7 with a new generation of Galaxy N OS intelligent operating system, in addition to bringing a number of commonly used Internet applications, the system can also support 60 seconds continuous voice dialogue, including one by one to complete the "open the window, air conditioning, play music" and other instructions, the overall running fluency of the car and automatic speech recognition accuracy can be satisfactory.

It is worth mentioning that this time the Galaxy L6 car uses Geely map navigation, and the official said that by using cloud AI technology and computing power to collect and analyze road data in real time, the traffic light countdown countdown can be synchronized on the map.

While enhancing the ease of navigation, the official adoption of their own navigation software should also be said to be paving the way for better development of smart driving routes.

In addition, as a product that focuses on the 100,000 market, the Galaxy L6 compartment can hardly find the existence of physical buttons, which combined with the new car also replaced with a fashionable embrace design, it can be seen that the Geely Galaxy series is holding great determination to transform intelligent.

With such determination to subvert traditional car habits, it is not difficult to find that the Galaxy series is focusing on young consumers.

In other words, if you are still a person with a traditional car mindset, the Galaxy series is not your cup of tea.

Of course, the current pursuit of simple design of smart cockpit style is not the only Geely Galaxy, how to make differentiation is the highlight.

In this regard, the Galaxy L6 has proposed an off-board voice control function that is full of "She Niu" attributes.

On the one hand, when the system detects that the car key is outside the car, the voice interaction function will automatically switch from the car to the outside scene. At this time, the user can voice control to open the window glass, turn on the air conditioner in the car, open the trunk of the vehicle, play music, and other practical functions.

In addition, the new car can also "speak", and users can click the screen or voice control to let the vehicle replace the voice in different scenarios.

For example, after arriving at a gas station, the Galaxy L6 can say "Please add No. 92 oil" through the speaker outside the car; in addition, when reversing reminders and courteous pedestrians, the car can also make safety reminders by voice outside the car, which provides more convenience.

What’s more interesting is that the new car can further play its "social cow" attribute when unlocking/unlocking, and users can customize the greeting within 20 words. This, combined with the front face lamp that can beat with the music melody, can be said to be the youthful feeling of the Galaxy L6.

In the interior, the main vertical screen, the outside of the car also highlights the through-type light group and light language, as well as the emphasis on intelligent voice function, coupled with the vehicle’s shape resembling the Xiaopeng P5, the Galaxy L6 does have the former taste.

If you want to find reasons for the poor performance of Xiaopeng P5, one of them is probably inseparable from its starting price of over 150,000 yuan.

In this regard, under Geely’s vast manufacturing system, it is believed that the Galaxy L6 will give full play to its price advantage.

The Galaxy L6 is destined to go up in volume.

Previously, it was reported that the Galaxy L6 was initially positioned internally as an Emgrand L replacement model, allowing it to use the CMA architecture. It was also pointed out that there were various plans such as 1.5T fuel version, hybrid version, and plug-in version in the early planning, but with Geely’s full commitment to the new energy track, only the 1.5T plug-in version was ultimately retained.

After the current official naming the architecture used by the plug-in hybrid model as "e-CMA intelligent electric hybrid architecture", Geely engineers revealed that the Galaxy L6 will be the smallest model with the lowest price threshold under this architecture.

This also means that the new car needs to shoulder the main volume mission while also assuming the facade of the Geely Galaxy series.

In this regard, the Galaxy L6 has prepared a measurement of 4782x1875x1489mm and a wheelbase of 2752mm. After referring to the 4765x1837x1495mm and 2718mm parameters of the Qin PLUS DM-i, it is not difficult to find that the Galaxy L6 has gained a certain advantage.

In addition, the official said that the rear seat of the new car has an elevation angle of 30 degrees, and the sitting position better fits the spine curve. At the same time, the horizontal distance from the cushion to the front seat back is 1000mm, thus highlighting the ample rear space of the Galaxy L6.

From a simple experience, the rear legroom of the new car is indeed more prominent at the price of 100,000 yuan, but the length of the seat cushion can be increased a little to improve the sense of support. In addition, because there is a large battery hidden under the platform, the height of the seat cushion inevitably needs to be designed lower to steal space. Fortunately, there is a place for feet under the front seat, and it is not difficult for rear users to find a suitable sitting position.

In addition, although the Galaxy L6 is not equipped with the fashionable Queen’s passenger seat, the car is also equipped with a passenger seat with a large enough angle to see the entire canopy after lying down, which can also meet the needs of more front-row users.

In addition, regarding the panoramic canopy equipped with the new car, the official said that it is the only one in the same class that uses silver-plated + LOW-E technology, which can isolate 99.9% of ultraviolet rays. Interestingly, this time Geely has added a stringer-type baffle shape in the middle of the canopy, and there is also a light strip design for ambient lights, which is worthy of praise for pursuing a unique spirit.

After meeting the user’s requirements for comfort, another power point of the Galaxy L6 is also focused on sports control, which is also an important selling point empowered by the e-CMA architecture.

Among them, the new car is equipped with a multi-link rear independent suspension. In terms of material selection, it is better to press the rear torque beam suspension of the Qin PLUS DM-i. At the same time, the Galaxy L6 has the strongest torsional stiffness of the same level of 29100N · m/deg. Such outstanding rigidity not only brings better NVH levels, but also further enhances the vehicle’s handling strength

The official said that the Galaxy L6 uses 183 NVH optimization technologies, making the cockpit noise level comparable to that of pure electricity. This performance will undoubtedly bring a sense of leapfrog quality to the car.

On this basis, it is the power combination of 1.5T + 3-speed variable frequency electric drive DHT Pro that can better demonstrate the strength of the vehicle. After the comprehensive maximum power and torque reach 287kW and 535 Nm respectively, the Galaxy L6 can achieve practical test speed of 247km/h, 6.3 seconds to break the hundred and 36.5 meters to 100 kilometers braking distance, so the performance in the same market can be said to be a rolling level.

In addition, the Galaxy L6 also has an energy-saving side. In addition to bringing a 125-kilometer pure electric battery life in CLTC conditions longer than the Galaxy L7, the new car also has the highest thermal efficiency of 44.26% mass production, helping the vehicle achieve the lowest WLTC operating conditions in the same class. 4.55L 100-kilometer power loss fuel consumption, and a comprehensive battery life of up to 1370 kilometers.

It can be said that the Galaxy L6 has taken into account the sports control of young people, the quiet riding experience needs of home users, and the battery life anxiety concerns of mainstream users to a considerable extent.

For such a product that is compatible with the needs of different groups, especially the current market positioning of the only model with the Qin PLUS DM-i, the Galaxy L6 seems to have no reason not to achieve a big sale.

After the L7, it is worth looking forward to whether the Galaxy L6 will become a hit as soon as it is launched.

More than two months ago, the Galaxy L7 debuted at a lower price than the Song PLUS DM-i 138,700, so the pricing can be said to have laid a line for its hot sales.

As for the Galaxy L6, which has a lower digital positioning, and is facing the more ruthless price of the Qin PLUS DM-i, whether the former will offer a surprising price when it goes on sale is believed to be the most concerned issue in the current market.

Of course, from the current perspective of Geely as a chaser, it doesn’t have much choice, it can only choose to fight bayonets forward.

Autonavi map upgrades lane-level navigation 5.0, multi-scene lane-level safety warning and other functions

Recently, at the 16th China Automotive Blue Book Forum, Autonavi Maps officially released AutoSDK 750 for the automotive industry, launchingNew energyNavigation, multi-scene lane-level safety warning, lane-level navigation 5.0, co-pilot screen weekend travel assistant, driver interconnection seamless connection experience, scene engine quick departure and other functions have been updated.

Lei Jun announced a live broadcast to send Xiaomi SU7 car model to talk about the unexpected after the SU7 was opened and sold.

Zhongguancun online news:At 4pm on April 18th, Lei Jun will launch a live online broadcast with the theme of "Never Unexpectedly" to talk with users about the feelings of Xiaomi SU7 after it is put on sale. Subsequently, Lei Jun also said that the live broadcast specially prepared some small gifts for users, including very popular mugs and car models, and one will be drawn every minute during the live broadcast.

Lei Jun said that the order of Xiaomi SU7 "far exceeded our most optimistic expectation", Xiaguang purple became the hottest color, and the proportion of female car owners was very high … Users interested in these sales details can pay attention to this live broadcast.

It is worth noting that Xiaomi SU7 will also start 24-hour limited-time reconfiguration from 9: 00 on April 19, and users of non-original locked orders can reconfigure it in Xiaomi Auto APP.

Taiwanese media look at the mainland： the first beach in the world

BEIJING, Beijing, February 19 (Xinhua) Recently, Taiwan Province’s United Daily News published a report about Beihai City in Guangxi Zhuang Autonomous Region, introducing the beautiful scenery of Yintan.
Guangxi Beihai Yintan. Image source: Taiwan Province United Daily News
The report pointed out that Beihai, a coastal city surrounded by the sea on three sides, is a famous historical and cultural city, and was selected as one of the top ten "Beautiful Cities" in China. Guangxi prides itself on "Guilin landscape in the north and Beihai Silver Beach in the south". The beach of Yintan is made of high-quality quartz sand. Under the sunshine, the white and delicate beach will glow with silver, so it is called Yintan, which enjoys the reputation of "the first beach in the world" and is one of the most ideal bathing beaches and sea sports venues in the south.
Silver beach beach. Image source: Taiwan Province United Daily News
Silver Beach is characterized by "long flat beach, fine white sand, clean water temperature, soft waves and no sharks", which experts call "a rare and excellent beach in the world". Yintan stretches 24 kilometers from east to west, with a total area of 38 square kilometers, exceeding the sum of beaches in Dalian, Yantai, Qingdao, Xiamen and Beidaihe. The land is rich in vegetation and the environment is elegant and quiet.
Yintan is rich in vegetation. Image source: Taiwan Province United Daily News
Beihai Yintan Resort consists of Yintan Park, Beach Park and Ocean Sports Holiday Entertainment Center. In addition to marine activities, tourists can also participate in beach sports such as golf, volleyball and football, and watch large-scale music fountain shows.
Beach Park is an important part of Yintan Resort, in which the bathing beach is 1,500 meters long and the lawn is 100,000 square meters, which is huge. In addition to the bathing beach, there is also the "tide" of steel and plastic in Asia. "Tide" sculpture combines lighting, fountains and music performances to form a multimedia outdoor show, which has become a highlight of Yintan at night.
Giant stainless steel sculpture "Chao". Image source: Taiwan Province United Daily News
The "Tide" sculpture is a hollow steel ball with a diameter of 20 meters, symbolizing the pearl. There are seven statues of beautiful girls on the sphere, which are like fairies descending to the world, with a musical fountain, showing the elegance of going to sea and the rhythm of the tide. In addition, there are 30 moon tide lights around the sculpture. The moon and the pearl are combined, and the stars shine. The whole square is like a jade plate full of pearls, which is spread out by the sea and beautiful. (End)
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