The all-new Audi Q7 is here, a new option for a luxury seven-seat SUV!

Hello everyone, today I bring you a piece of good news, the new generation of Audi Q7 has finally appeared! This big guy with a wheelbase of 3 meters is really a great gift for friends who like luxury SUVs.

To be honest, the Audi Q7 has always had a calm and low-key style in the joint venture SUV, which is especially popular with middle-aged uncles. This new generation is even more incredible. The classic design also adds a lot of modern elements, which really makes people’s eyes shine.

The front part of the car was long, looking very slender and stylish. The vertical layout really showed the unique charm of Audi. Although there were no through-type taillights to follow the trend at the rear, the split light group design and the small details of the light source inside were simply too delicate to forget at a glance.

Let’s talk about the interior, oh my god, it’s really luxurious. The well-regulated design style looks old-fashioned and luxurious, but it doesn’t lack a modern feel. The large screen and intelligent functions are readily available, which can fully meet the needs of our modern people. The combination of wood grain and glossy veneer really shows the level of luxury brands vividly.

As a seven-seat SUV, the seat layout of this Audi Q7 is 2 + 3 + 2, and families don’t have to worry about not having enough seats anymore. The leather and filling of the seats are a little harder, so that you won’t feel tired after driving for a long time. Of course, the seat space in the third row is a little small, but it is more than enough for occasional family outings.

In terms of configuration, the Audi Q7 is also unambiguous. There is also an independent air conditioner in the back row, so everyone can enjoy the most comfortable ride environment. There is also a 12V interface in the second row, and mobile phones and tablets can be charged at any time.

The current market competition is so intense, but this brand-new Audi Q7 is truly stunning in terms of design, configuration, and comfort. It is truly ingenious and fully understands the needs of our consumers.

To be honest, who wouldn’t be tempted to see such a luxury seven-seat SUV? The launch of the new Audi Q7 really provides more choices for those of us who pursue a high-quality life. Don’t hesitate, act now! Let this Audi Q7 accompany you on a noble and comfortable driving journey.

In the days to come, I believe this Audi Q7 will definitely shine in the market. It has excellent product power and deep brand heritage, and will definitely win more consumers’ love and recognition. So, if you also like luxury SUVs, then don’t miss this new Audi Q7!

Finally, I would like to say that this Audi Q7 is really worth looking forward to. It not only continues the classic design of the Audi brand, but also adds a lot of modern elements and intelligent functions, which is really addictive. If you are also looking for a luxury, comfortable and practical seven-seat SUV, then you might as well test drive this new Audi Q7! I believe you will be attracted by it.

Take you to see Beijing BJ60: all series of hybrid, battery life or more than 1000km

The launch of the tank series has aroused consumers’ pursuit of hard-line SUVs. The success of the Tank 300 and Tank 500 has also made many car companies see the hot spots. Recently, BAIC officially released the official map of the Beijing BJ60. The new car is positioned in a medium and large SUV, equipped with a hybrid system, with a battery life of over 1000km. Its competitors will target models such as the Tank 500 after its launch. Next, let’s take a look at the overall performance of this car.

From the design of the front face, the BJ60 still continues the family design language, the grille is still a five-hole design, and it is equipped with U-shaped LED light strips as an embellishment. The four-point headlights on both sides are matrix design, which looks to have a certain degree of recognition. The black decorative lines below are straight, and the two sides are also equipped with LED daytime running lights. After the overall lighting is lit, the front face is more recognizable at night.

The body lines are relatively simple, which is different from its BJ40. The new car still retains certain family car attributes on the basis of maintaining the hard style. The overall design of the body is similar to that of the Land Cruiser, Overbearing, Tank 500 and other models. The three-section window design widens the visual length of the body, and the raised design is adopted at the eyebrows, which improves the three-dimensional sense of the body. In addition, the size of the new car is 5020/1955/1925mm, and the wheelbase is 2820mm.

The rear of the car is a spare tire rear-mounted shape, so the tailgate adopts a lateral opening method. The taillights are affected by the spare tire and cannot be laid out in a large area, so a small square design is used, but the recognition is still relatively high. The lower exhaust adopts a hidden type, and the rear surround is embellished with silver, so the overall design is more in line with the style of hard-core off-road vehicles.

In terms of interior, the instrument panel of the BJ60 adopts a built-in layout, and the central control screen is a floating design. The center console shape is relatively flat, and the lines are mainly straight lines. Rectangular elements are used in many places in the car. In addition to the LCD instrument panel and the central control screen, the air conditioner trend, button area, stopper area, and central control trim are all rectangular designs. In addition, a large area of leather is used in the car, which is more comfortable in terms of touch.

It is expected that the size of the LCD dashboard will be 10.25 inches, and the size of the central control screen will be 12.3 inches. Officials have also said that the size of the dashboard of the new car will not be less than 10 inches, and the size of the central control screen will also be more than 12 inches. In addition, the square button below the central control screen of the car is not only the start button, but also can display the direction and time information. In addition, the car is equipped with more ambient lights, and the trim panel in front of the passenger is also equipped with a backlit ridge pattern.

In terms of power, the official said that the BJ60 will be equipped with a hybrid system, with an expected range of 1000km. The 100-kilometer speed increase time is also controlled at about 6 seconds. As a medium and large SUV, the acceleration performance is still relatively good. In addition, the new car is equipped with a time-sharing four-wheel drive, and the front and rear differential locks will also appear in the car. For example, the four-wheel drive system of the Tank 500 can switch between two-wheel drive and four-wheel drive modes at a speed of 80km per hour. What are the characteristics of the four-wheel drive system of the BJ60? It is still unknown.

Overall, the BJ60 is well-behaved in terms of design. From the information currently available, the car’s biggest feature is the hybrid system installed in the whole series. However, in recent years, BAIC’s performance in the overall market has not been satisfactory, especially in the hard-line off-road field that was once proud. I don’t know if the arrival of the new BJ60 will change. Let’s wait and see.

Static Tasting of the New Toyota Crown Estate

  The 16th-generation Crown mid-to-large SUV – Crown Estate was unveiled in Japan. Previously, SportCross has been launched in the domestic market, Sport has just been launched in Japan, and Sedan has also been unveiled in China. Estate will be the last model to debut in the 16th-generation Crown model.

Static Tasting of the New Toyota Crown Estate_fororder_image001

  The new car adopts the latest design of the Crown family, and you can see a lot of design concepts of electric concept cars. The front air intake grille adopts the design idea of hollow carving, and also adopts the split headlight design. The overall combination looks more stable than the other three models.

Static Tasting of the New Toyota Crown Estate_fororder_image002

  The overall shape of the body is relatively atmospheric, and the dynamic side lines bring some vitality. The new car also adopts a two-tone body design and 21-inch wheels. The length, width and height of the Crown Estate are 4930/1880/1620mm respectively, and the wheelbase is 2850mm.

Static Tasting of the New Toyota Crown Estate_fororder_image003

  The roof of the new car is equipped with a spoiler, the taillights adopt a through design, and the rear surround adopts a double-layer and two-color design, which enhances the layered feeling of the tail.

Static Tasting of the New Toyota Crown Estate_fororder_image004

Static Tasting of the New Toyota Crown Estate_fororder_image005

  The overall shape of the interior is basically the same as that of the Crown SportCross, equipped with a 12.3-inch LCD instrument panel and a 12.3-inch central control screen.

  The new car is expected to offer hybrid and plug-in hybrid powertrains, and the hybrid version will be equipped with 2.4T hybrid and 2.5L hybrid. (Photo: Provided by Toyota)

Smart R7 Huawei Tuling platform closed test video exposure, showing extreme off-road performance

Zhijie R7 Huawei Tuling platform closed beta video exposure

Recently, a coupe SUV called Zhijie R7 was tested on the Huawei Tuling platform of Hongmeng Zhixing Systems, and its test video was exposed. The video shows not only the car’s excellent handling ability in complex and light off-road environments, but also highlights the high comfort and excellent handling performance of the vehicle. The outstanding performance of the Zhijie R7 is a testament to the profound foundation of Huawei’s technology, which is reflected not only in the solid chassis hardware, but also in the seamless cooperation between software and hardware.

Zhijie R7 Huawei Tuling platform closed beta video exposure

In the test, the Smart R7 easily navigated a variety of complex terrain such as continuous steep slopes, deep pits, and pebble roads, and its stable performance was attributed to high-end software and hardware configurations. Especially in the power system, the Ultra version of the Smart R7 is equipped with a cutting-edge 800V high-voltage SiC four-wheel drive system. Combined with the front high-voltage asynchronous motor and the rear high-voltage permanent magnet synchronous motor, the maximum power reaches 365 kilowatts, ensuring sufficient power traction in low-speed off-road situations. In addition, the vehicle can intelligently control the speed when going downhill, reduce brake wear through the energy recovery system, increase battery life, and improve safety.

Smart R7 Huawei Tuling platform closed test video exposure, showing extreme off-road performance

In terms of suspension system, the Smart R7 is equipped with a high-level front and rear independent suspension system, and comes standard with continuous variable damping shock absorbers and air suspension, which allows it to maintain good passability and ride comfort when driving on non-paved roads. When encountering muddy or slippery roads, the iVSE intelligent vehicle condition sensing system will automatically identify and adjust the torque distribution, effectively preventing slippage and enhancing driving safety.

In response to the wading situation, the R7 is specially designed with a highly waterproof body, allowing a maximum wading depth of 550 mm, and strengthening the sealing of the wading area to ensure the safety of electronic devices.

The Smart R7 quickly gained market attention after Hongmeng Zhixing’s new product launch. Orders exceeded 10,000 units within 24 hours of pre-sale, indicating that it will become a high-profile model this year. According to the latest news, the Smart R7 is expected to be officially unveiled at Huawei’s autumn new product launch on September 24, which will bring more detailed information, which is worth looking forward to. Smart R7 Huawei Tuling platform closed beta video exposed!

Shenyang area Beijing BJ60 special sale! 30,000, limited time special offer

Welcome to the Autohome Shenyang Promotion Channel, which brings you the latest car purchase discount information. At present, this hard-core off-road vehicle model that is deeply loved by consumers is being fully promoted in the Shenyang market. The maximum discount limit reaches an astonishing 30,000 yuan, which means that potential owners of Beijing BJ60 have the opportunity to enjoy real car purchase benefits. The starting price has been adjusted to an attractive 209,800 yuan. If you are interested in this hard-core off-road SUV and want to seize this rare price reduction opportunity, don’t miss it. Just click the "Check Car Price" button in the quotation form to lock in a more competitive price in time and grasp your car purchase budget.

沈阳地区北京BJ60特价出售!优惠3万,限时特惠

The exterior design of the Beijing BJ60 shows a perfect blend of hardcore off-road and modern urban style. On the front face, the BJ60 adopts the family’s signature large-size air intake grille, and the chrome decorative elements are domineering. With the unique matrix LED headlights, it adds a touch of technology to the vehicle. The overall lines are smooth and resolute, and the body profile is full, showing strength and stability. The side design emphasizes the off-road gene, and the high ground clearance and raised eyebrows all highlight its off-road performance. The tail is finished with a simple design. The taillight group complements the body design, and the overall appearance shows the unique design aesthetic of the BJ60.

沈阳地区北京BJ60特价出售!优惠3万,限时特惠

The Beijing BJ60 showcases the power aesthetic with classic body proportions. Its length, width and height are 5040mm * 1955mm * 1925mm respectively, and the wheelbase reaches 2820mm, providing passengers with a spacious interior space. The side lines are smooth and powerful, and the lines outline the hardcore off-road style while also revealing a touch of refinement. The front and rear tires are 265/65 R18, and the robust wheel rim design not only ensures the stability of driving, but also gives the vehicle a unique visual impact.

沈阳地区北京BJ60特价出售!优惠3万,限时特惠

The interior design of the Beijing BJ60 shows a style that combines luxury and practicality. The exquisite leather steering wheel provides a good grip, supports manual up and down + front and rear adjustment, allowing the driver to adjust the comfortable position as needed. The center console is equipped with a large 12.8-inch screen, which is clear and easy to operate. Integrated automatic speech recognition control system makes it easy for the driver to operate multimedia functions while driving.

In terms of seats, the Beijing BJ60 is made of imitation leather to ensure a sense of touch and durability. The main driver’s seat is equipped with 4-way adjustment, leg rest adjustment, waist support (4-way) and other functions, providing a full range of comfort support. The seat is also equipped with heating, ventilation and massage functions to enhance the riding experience of the driver and passengers. The driver’s seat is even equipped with an electric seat memory function, which further enhances the driving convenience. The second row of seats also supports backrest adjustment to meet the needs of different passengers. In addition, the rear seat supports proportional reclining, and the space is flexible and changeable, which is convenient for loading various items.

沈阳地区北京BJ60特价出售!优惠3万,限时特惠

The Beijing BJ60 is equipped with a 2.0T engine with a maximum power of 120 kilowatts and an output of 163 horsepower, providing abundant power to the vehicle. This engine is matched with an 8-speed automatic transmission, ensuring a smooth shift experience and driving flexibility. This power configuration meets the driver’s dual needs for performance and comfort.

Summarizing the owner’s point of view, the Beijing BJ60 won his admiration for its unique five-hole cut-off design and tall and powerful front, especially the five-hole grille light at night brings a different kind of beauty to the driving. The high-end atmosphere of the rear is its plus point, but the owner suggested that the fog light would be more practical if it was yellow. Although the body workmanship is acceptable, the assembly quality still has room for improvement. The simple and generous design of the waist line and the characteristic shape of the tail lights reflect the charm of the details of the BJ60. Overall, the Beijing BJ60 is an SUV that combines beauty and practicality, and it is worth considering.

Sales, price, discount, word-of-mouth… Here are the most complete quotes of Lynk & Co 08.

When it comes to buying a car, most consumers first consider the joint venture brand. People’s recognition of big brands is deeply rooted, but to be honest, the advantages of joint venture brands are indeed obvious. In terms of three major parts, joint venture brands have always been stable and durable. For example, Japanese models, the advantages of fuel saving and driving resistance are particularly prominent, which is also the foundation of Japanese brands’ enduring in the market. Generally speaking, whether it is a joint venture brand or a domestic brand, ordinary people buy cars to be durable and fuel-efficient, that is, cost-effective! Let’s take a look at the national real transaction prices of hot-selling models collected by this site for you, so that you can understand the car purchase market. Let’s take a look at the Lynk & Co 08 recommended for you today!

This site has collected the real transaction price of Lynk & Co 08 in the past year. The lowest transaction price in the country in the past month of Lynk & Co 08 is 185,500, the highest cash discount for new cars is 23,300 yuan, and the maximum discount for new cars is 8.85% off! The price is for reference only, and the actual transaction price is subject to the local dealer.

Choosing a car to buy a car? The difficulty of choosing a good car is almost catching up with the college entrance examination! But in fact, choosing a car is not difficult, it really depends on the sales volume. Everyone likes it, and it will not be much worse. Lynk & Co 08 sold 5,603 vehicles in the past month, which can be seen from the sales trend chart below to see the recognition of new cars in the market by consumers.

Let’s take a look at consumers’ evaluation of Lynk & Co 08. If the comprehensive score is 5 points, then Lynk & Co 08’s score is 4.65 points, which is not bad.
Among them, Lynk & Co 08 is the most outstanding in terms of appearance and cost performance, so consumers pay more attention to appearance and cost performance.
Then Lynk & Co 08 can focus on consideration.
Because each user has different needs for the car, different uses, and different feelings, the evaluation is only for reference. The most reliable thing is to go to the store to test the car in person. Even if you can’t go on the road for a test drive, you have to sit in the car more and feel it.

After looking around, the result is that Lynk & Co 08 is not your dish? Then take a look at its strong competitors. At present, there are basically good discounts on this site, among which the discounts of Mocha PHEV and Frigate 07 are 9.3% off and 9.20% off respectively, which is quite suitable. Take a look and choose!

If the price of Lynk & Co 08 is right recently, then the friends will hurry up and make a move! Linkage promotions in many places across the country, and there are as low as 30% off models.

R7 price 259,800, pure electric world challenger officially launched

  On September 24th, at Huawei’s autumn full-scene new product launch conference, Hongmeng Zhixing’s first coupe SUV Zhijie R7 was officially launched, and the new car price was 259,800 yuan – 339,800 yuan. Zhijie R7 shows super product power through excellent appearance design, large space, long battery life and many Huawei black technologies, and is expected to become the next popular model of Hongmeng Zhixing.

  In appearance, the Smart R7 adopts the body design of a coupe SUV, and the rear of the car is raised, allowing the rear passengers to have more head space, taking into account the appearance and practicality. In terms of details, the new car follows Huawei’s design principle of "extreme, simple and pure". The star track fusion light group on the front face plus the external active air intake grille, and the 3D energy crystal penetrating light at the tail, which is full of movement. At the same time, the smooth body lines, combined with the hidden door handle and blackened sports tail wing design, make the new car have an ultra-low drag coefficient of 0.219Cd.

  Intelligent experience has always been the advantage of Hongmeng Zhixing products, and Zhijie R7 is no exception. First of all, on the smart drive, the vehicle will be fully equipped with the HUAWEI ADS 3.0 high-end intelligent driving system. We have already had a preliminary understanding of the strength of this system on the Enjoy S9. The application of the new end-to-end architecture not only allows the vehicle to significantly improve in NCA smart driving, active safety, automatic parking, etc., but also allows the vehicle to have the ability to cover the whole scene. From the Enjoy S9, we can also see that the current Huawei smart drive has been able to achieve autonomous driving capabilities from parking spaces to parking spaces, and the decision-making is also more anthropomorphic, bringing the experience of using the smart drive system to a new level.

  In addition, the new car is also equipped with Hongmeng Cockpit 4.0, which has a rich application ecosystem far exceeding that of the same class of models. At the same time, the Smart R7 also supports HUAWEI MagLink multi-terminal interconnection, and the big model blesses smarter Xiaoyi, making the cockpit interaction more anthropomorphic. In terms of cockpit space, the rear legroom in the car reaches 956mm, and the head space reaches 1034mm, bidding farewell to the cramped and crowded SUV of the coupe. The rear also supports 27 ° -37 ° stepless electric adjustment and ventilation, heating and massage functions. 3.8L & 3.5L double storage drawers are also set under the seats, which is very convenient.

  It is worth mentioning that the Zhijie R7 is the first SUV model of Hongmeng Zhixing to be equipped with a co-pilot zero-gravity seat. The zero-gravity seat has 18-way seat adjustment and leg support heating, and supports continued reclining to 137 °, allowing passengers to lie down completely. At the same time, thanks to the large rear space, when the co-pilot zero-gravity seat is opened, the rear seat still has a good space performance.

  In addition to the smart driver and the smart cabin, the "full blood" Tuling platform is also the highlight of the Smart World R7. The new car is equipped with active intelligent curve control, intelligent downhill cruise, and active anti-skid control functions, which have strong capabilities in three aspects: easy driving, safety, and comfort. In terms of hardware, the new car adopts front double fork arms + rear five-link independent suspension, and the whole system is equipped with continuous variable damping shock absorber and air suspension as standard. With the support of air suspension, the maximum height adjustment range of the Smart World R7 body is plus or minus 50mm, which can maintain good passability while improving vehicle vibration avoidance performance. From the previously released closed-beta video, it can be seen that the Smart R7 has shown an outstanding performance in the face of various light off-road scenarios such as continuous steep slopes, deep pit steep slopes, pebble roads, twisted roads, and shell craters.

  In terms of battery life, the intelligent R7 will be equipped with Huawei’s new DriveOne 800V silicon carbide high voltage platform and Huawei’s giant whale 800V high voltage battery platform, with a maximum battery life of 802km, charging for 15 minutes can supplement 400 kilometers of battery life, and then cooperate with the national 80,000 + cooperative charging network, which can completely eliminate consumers’ battery life and energy anxiety.

  Looking back at the first half of this year, Hongmeng Zhixing’s success is obvious to all, especially in the field of SUVs. The Q M7 and Q M9 have become the benchmark products in their respective price points. The Q R7 is also on the trend of becoming a hit, and it has won more than 30,000 orders in a small order time of two weeks. We have reason to believe that the new car will become a strong competitor of Model Y with the product advantage of the vehicle itself, reshaping the competition landscape of 25-350,000 pure electric SUVs.

Price reduction information of Mercedes-Benz GLE coupe in Guangzhou! The lowest price is 713,800, if you miss it, there will be no

[Autohome Guangzhou Discount Promotion Channel] brings you the latest car purchase discount information! At present, the Mercedes-Benz GLE coupe in Guangzhou is launching an unprecedented price reduction promotion, with a maximum discount of 130,000 yuan, providing a rare opportunity for car buyers to save. The starting price has been adjusted to 713,800 yuan, which is undoubtedly a very attractive time for friends who are interested in buying this luxury coupe. To take advantage of this offer, please click "Check Car Price" in the quotation form to get the best car purchase conditions.

广州地区奔驰GLE轿跑降价信息!最低售价71.38万,错过就没有

The Mercedes-Benz GLE coupe shows the unique charm of a modern luxury SUV with its perfect blend of elegance and dynamism. The front face is exquisitely designed and atmospheric, with the iconic polygonal air intake grille of the Mercedes-Benz family, and the streamlined body profile outlines the lines of strength and dynamism. The overall style is stylish and stable, highlighting the dual characteristics of luxury and sports, which is unforgettable.

广州地区奔驰GLE轿跑降价信息!最低售价71.38万,错过就没有

The side lines of the Mercedes-Benz GLE Coupe are smooth and dynamic, with a body size of 4941mm*2018mm*1716mm and a wheelbase of 2935mm, giving it a spacious and comfortable interior. The tire size is 275/50 R20, which is used in both front and rear. This specification not only ensures excellent grip, but also complements the rim style. The overall design shows the perfect combination of luxury and power.

The interior design of the Mercedes-Benz GLE coupe is full of luxury and technology. The exquisite leather-wrapped steering wheel provides a comfortable grip, which can be adjusted manually and electrically to meet the different needs of the driver. The 12.3-inch high definition central control screen stands in the center of the dashboard, integrating multimedia system, navigation and phone, making it easy to operate and clear. The seats are made of imitation leather to provide a comfortable ride experience, supporting multi-directional adjustment of front and rear, backrest, high and low and waist support. The front seats are also equipped with heating and ventilation functions to ensure the comfort of long driving. In addition, the vehicle is also equipped with wireless charging function of mobile phones, which makes it convenient for passengers to charge the device at any time, further enhancing the convenience of the cockpit.

广州地区奔驰GLE轿跑降价信息!最低售价71.38万,错过就没有

The Mercedes-Benz GLE Coupe is equipped with a 2.0T turbocharged engine with a maximum power of 190 kilowatts, a powerful 258 horsepower, and a maximum torque of 400 Nm. This engine is combined with a 9-speed automatic transmission to ensure excellent performance and driving experience.

In this Mercedes-Benz GLE Coupe price promotion, we sincerely invite you to seize this unmissable car purchase opportunity. As an SUV that combines luxury and performance, the GLE Coupe has won the favor of consumers with its excellent driving experience and exquisite interior design. At this moment, the price adjustment provides you with a real car purchase discount. Please act quickly and enjoy this excellent quality and great value feedback with us. Mercedes-Benz GLE Coupe, waiting to show its charm in your driver’s seat, let us start a distinguished driving journey together.

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  Event Overview

  The company released the 2023 semi-annual report: the total revenue of the company in 2023H1 was 326.56 billion yuan, + 3.3% year-on-year; the net profit attributable to the mother was 7.09 billion yuan, + 2.5% year-on-year; the net profit deducted from the mother was 5.67 billion yuan, -7.2% year-on-year.

  Among them, 2023Q2 achieved a total revenue of 180.64 billion yuan, + 35.3% year-on-year, + 24.0% month-on-month; net profit attributable to the mother was 4.30 billion yuan, + 208.6% year-on-year, + 54.5% month-on-month; net profit not attributable to the mother was 3.51 billion yuan, + 203.5% year-on-year, + 62.1% month-on-month.

  Analysis and judgment:

  Demand improved, profit performance was outstanding

  Affected by the improvement in demand, the company’s revenue increased significantly. The company achieved total revenue of 180.64 billion yuan in 2023Q2, + 35.3% year-on-year and + 24.0% month-on-month; deducting non-attributable net profit of 3.51 billion yuan, + 203.5% year-on-year and + 62.1% month-on-month. Mainly benefiting from the low base caused by the shutdown of work and production in Shanghai due to the epidemic last year and the decline in demand in Q1 this year, Q2 sales rebounded significantly from the same month-on-month. The sales volume of the company group in 2023Q2 was 1.18 million, + 16.4% year-on-year and + 32.5% month-on-month

  The gross profit margin slightly decreased month-on-month, and the ROI of bicycles declined. The company’s 2023Q2 single-quarter gross profit margin was 9.5%, year-on-year -0.02pct, month-on-month -0.29pct. The slight decrease was mainly due to the increase in the production and sales of Shangtong Wuling, and the gross profit margin of pure electric cars was relatively low. The joint venture sales volume performed better in the same month-on-month due to the low base in the early stage. SAIC Volkswagen wholesale 277,000 vehicles in 2023Q2, year-on-year + 13.8%, month-on-month + 22.4%; SAIC-GM wholesale 265,000 vehicles, year-on-year + 14.1%, month-on-month + 42.5%, but due to the Q2 price war end point discount significantly enlarged (according to Thinkercar discount data), the ROI growth rate was lower than the sales growth rate. The ROI from the joint venture and joint venture of the company in 2022Q2 was 2.289 billion The fuel vehicle market is gradually being replaced by new energy, and the company’s joint venture brand is in the throes of transformation. Looking forward to the second half of the year, we expect a slight decline in July and August, with demand expected to rise. The Q3 market performance is expected to be basically flat, and the Q4 quarter is expected to achieve a significant improvement.

  Zhiji LS6 starts pre-sale, leading high-end upgrades

  On August 25th, Zhiji LS6 debuted at the Chengdu Auto Show and started pre-sale, priced 230,000 – 300,000 yuan. The new car is positioned as a medium and large coupe SUV with a wheelbase of 2950mm, with space, appearance, fast charging and smart driving as the core selling points. The new car provides a dual-platform strategy of "quasi-900V" and "quasi-500V". "quasi-900V" adopts dual silicon carbide high-performance charging platforms, with a peak charging power of 396kW and a charge of 200 kilometers in 5 minutes; "quasi-500V" can achieve nearly 90% full power charging on 80% public charging piles, with a peak power of 231-250kW. In terms of smart driving, the LS6 is equipped with OrinX chips and lidar. According to an interview with Lu Da, executive director of the public relations business group of Zhiji Auto Brand quoted by the online car market, the LS6 has now gradually rolled out the high-speed NOA function across the country, and will radiate 333 cities across the country by the end of the year. At the same time, NOA and city NOA will also be officially beta-tested in September and October this year; in 2024, 100 cities will open the commuter mode, and these functions will be updated in the L7 and LS7 cars later. According to the online car market, the order of Zhiji LS6 exceeded 2,000 + one hour after the pre-sale, and the order reached 6,000 units 8 hours after the pre-sale. According to Spiegel Pro, the LS6 will be released in mid-October and will be delivered immediately. We judge that the LS6 has strong product strength and price competitiveness, and is expected to enrich the product matrix and price range of smart cars, becoming an important growth driver for high-end pure electricity.

  Overseas continues to sell well, globalization has a wide sea and sky

  Overseas sales are growing rapidly, and the European market is leading. In 2022, the company will export 1.017 million vehicles, + 45.9% year-on-year. Growth will continue in 2023. From January to July, overseas sales reached 630,000 vehicles, + 31.6% year-on-year, maintaining a good trend. In the European market, from January to July, the sales of self-owned brand MG reached 135,000 vehicles, + 148% year-on-year, with a bright performance. According to the Securities Daily Network, on the afternoon of July 4, SAIC announced that the company is currently planning to establish a complete vehicle factory in Europe. We expect the company’s new energy to have obvious advantages in product strength compared with mainstream competitors in Europe. The establishment of overseas factories will help to further increase overseas sales.

  Investment advice

  The company’s underlying technology is solid, the platform ability is excellent, and the independent growth is becoming clearer. With the gradual improvement of chip supply, the company is expected to usher in a new growth cycle of independent + joint venture two-wheel drive, and the passenger car leader will return. Maintain the profit forecast, it is expected that the company’s revenue will be 8,033/8,387/853.3 billion yuan in 2023-2025, and the net profit attributable to the parent will be 163.3/175/19.0 billion yuan, corresponding to EPS of 1.40/1 50/1.63 yuan, corresponding to the closing price of 14.36 yuan/share on August 31, 2023, PE is 10/10/9 times, respectively, to maintain the buy rating.

  Risk warning

  Auto market downside risks; joint venture brand downside risks; electric smart new models landing less than expected; overseas expansion less than expected.

Official price increase 15,900! Haval second generation big dog sale 13.58-17 5,800

On February 27, the second-generation big dog was officially listed, and the official price range was 135,800 yuan – 175,800 yuan, of which the fuel version price range was 135,800 yuan – 156,800 yuan, and the starting price was 15,900 yuan higher than that of Haval big dog; the price of the plug-in version 2 models was 162,800 yuan and 175,800 yuan respectively.

Haval’s second-generation big dog offers five car paint colors, the polygonal air intake grille is embedded with Haval’s new energy logo, and the far and near light sources on both sides are made of LED material; the front door of the body is equipped with soundproof glass, equipped with 19-inch wheels, and equipped with bright silver rivets decoration; the rear is equipped with a semi-circular light group, which echoes the headlights.

Haval’s second-generation big dog is equipped with a 12.3-inch full LCD instrument + 14.6-inch central control color screen. The whole system comes standard with 360 ° panoramic image, adaptive cruise, lane departure warning, W-HUD head-up display, transparent bottom and other configurations. The new car also supports front seat heating + ventilation, steering wheel heating, temperature-controlled armrest box and other functions.

Haval’s second-generation Big Dog fuel version 2.0T model is replaced with a 9DCT gearbox, and the maximum power is increased to 175kW; the plug-in version is equipped with a lemon hybrid 1.5T DHT-PHEV power combination, the system comprehensive power is 240kW, the comprehensive torque is 530N · m, the comprehensive fuel consumption is 1.85L/100km, the NEDC feed fuel consumption is 5.52L/100km, and the comprehensive battery life is 1000km +. The new car also supports 220V reverse discharge function, the discharge power is 3.3kW, and the discharge time can reach 30 + hours when fully charged.