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Editor, driving the net and driving Xiao Langjun.
Set up a new joint venture company with a 50-50 share right.
On November 8, the holding group announced that it had signed a non-binding framework agreement with the automobile and the group, and decided to set up a brand-new company to develop, manufacture and supply advanced hybrid powertrain and efficient fuel powertrain on a global scale. According to the framework agreement, Fang and the Group will hold 50% equity of the new company respectively. In addition, the powertrain companies of both parties are expected to formally merge in 2023.
It is understood that the new company will rely on five R&D centers around the world to develop zero-carbon and low-carbon technologies, produce the next generation hybrid system, and strive to become a global supplier of systematic solutions independently. It plans to operate 17 factories on three continents, with a total of about 19,000 employees. After the establishment of the new company, it will provide solutions for many automobile brands, such as Automobile, Dacia, Automobile, Proton, Proton and so on. More third-party car brands will be served in the future.
According to the plan, the new company has an annual production capacity of 5 million sets, and its products include fuel engines, hybrid engines, plug-in hybrid engines and gearboxes, which will be supplied to more than 130 countries and regions. In addition, it was previously reported that the two parties will jointly produce and sell hybrid vehicles based on energy-saving platforms in South Korea, and consider exporting duty-free vehicles to the United States.
Release the first native pure electric platform car EX90.
It is an all-electric flagship SUV with a central electronic and electrical architecture, and it is also the first model equipped with lidar.
1. The EX90 is equipped with the lidar technology developed by Lumiar, with a detection distance of up to 250m, and its comprehensive performance is among the best in the current market.
2. Equipped with NVIDIA DRIVE Orin chip, the computing power is as high as 254 TOPS (trillions of operations per second);
3. Equipped with DUS driver perception system. When it is detected that the driver’s attention is no longer focused on driving, the system will make a series of reminding measures.
It is the first car company in the industry to shout out the vision of zero casualties, zero pollution and double zero, and it is also the first car company to claim responsibility for autonomous driving accidents. This car can be said to be a big step forward for this goal.
Officially quit the development of internal combustion engine
On November 8, it announced that it would divest its internal combustion engine business and concentrate its capital on developing high-performance electric systems. Specifically, it will divest from Aurobay and sell all the shares it holds to the holding company. The detailed terms of this transaction have not been disclosed. It is said that the proceeds from the business divestiture will be used for the electrification transformation of the company. If regulatory approval is obtained, the transaction is expected to be completed by the end of 2022. According to the data, on July 8, 2021, Aurobay, a joint venture company, was announced and established, accounting for 33% of the shares, and all the assets of its powertrain subsidiary Powertrain Engineering Sweden were injected into the new company, including engine factories and related R&D teams in Sweden and China.
This move is not without warning. According to the previous plan, it will be fully electrified in 2025, when the proportion of pure electric vehicles will reach 50%, and the rest will be hybrid vehicles. In 2030, it will become a pure electric luxury car company. By then, the company will only sell pure electric vehicles and eliminate all vehicles equipped with internal combustion engines, including hybrid vehicles. In 2040, we will strive to become a climate zero-load benchmark enterprise, and all pure electric vehicles will only be sold online.
NVIDIA will introduce chip A800 to China, which can be used to replace A100.
According to Reuters news, NVIDIA, an American chip manufacturer, confirmed on the 7th local time that it has provided a new advanced chip in the China market, with the purpose of continuing to provide services in the China market without violating the control measures of the US government to restrict the export of chips to China. It is reported that NVIDIA A800 chip was put into production in the third quarter of this year, mainly aimed at the China market, and its role is to replace NVIDIA A100 chip. Although both are graphics processors (GPUs), A800 meets the US government’s export control standards, while A100 has been added to the export control list by the US Department of Commerce. According to the report, the data transmission rate of the A800 chip is 400GB per second, which is lower than the A100 chip’s 600GB per second, while the new US export control regulations limit the chip data transmission rate to 600GB per second. The Reuters report also said that the advanced chips could be worth thousands of dollars each.
Release the high-end brand "Looking Up"
On November 8, the high-end brand was officially released, and the brand-new brand was named Looking Up. Officials say that in the historical process of exploring the unknown, innovation and development, human beings look to the sky again and again. Looking up again and again, curiosity, exploration and knowledge have become human instinct, which has given birth to brilliant technology and civilization. Looking up is not only a gesture, but also represents the fearless spirit of exploration. In the wave of global automobile reform, China automobile is accelerating its rise. Hope will build brands and products with subversive technology and forward-looking design, and strive to bring unprecedented new experience of extreme performance to users. Hope will become the representative and benchmark of high-end automobile brands in China.
It is reported that at present, Shenzhen Wangwang Automobile Sales Co., Ltd. has been registered and established. The company is 100% owned by Industrial Co., Ltd., and its business involves the sales of new energy vehicles. Sales of electrical accessories for new energy vehicles; Sales of plug-in hybrid engine, etc., why is the general manager curious? According to previous news, the brand-new high-end brand will be released this year, the first model will also be unveiled, and the brand’s marketing and sales network will be independent. The first model of the brand may be a hard-core off-road vehicle, and its price will be as high as one million yuan, which does not rule out the possibility of "looking up" to a high-end brand.
Suspected deformation of A-pillar in M7
Recently, China Insurance Research Institute announced the latest batch of crash test results, with a total of 14 vehicles, including many very popular brand models, such as Ideal L9, 09, domestic, AITO M7 and so on. Most of these cars have been awarded the excellent rating of G, among which the passenger safety rating of the passenger in the car is G (excellent). The safety evaluation of drivers and laymen got G (excellent); Vehicle-assisted safety evaluation obtained G (excellent); The crashworthiness and maintenance economy index is M (general). It should be pointed out that although they are all G’s, there are still some differences between cars. In the representative 25% offset collision of China Insurance Research Institute, the "A-pillar" of the boundary M7 is suspected to be deformed. However, in the breakdown project, the intrusion of the upper part of the passenger compartment only got an "A" evaluation, so the body structure only got an "A" evaluation, and the ideal L9 and 09 were both G.
Aeon released the Spirit architecture, and Fengyun-3+the second generation zoom lidar was equipped.
On the evening of November 8, Aeon officially released a new generation of high-end electronic and electrical architecture-Spirit architecture, which is another heavy ICV technology release shortly after Aeon released a new generation of AEP 3.0 pure electric platform. On the basis of EEA 3.0, the industry’s third-generation electronic and electrical architecture, which was released last year, Spirit has comprehensively upgraded its intelligent driving safety through many global leading technologies such as Fengyun-3 infrared remote sensing technology, second-generation intelligent zoom lidar, space-class satellite-based positioning and fusion, and provided a systematic solution to the intelligent driving safety of a new generation of intelligent pure trams. Spirit architecture adopts the world’s strongest multi-fusion intelligent driving sensing system. In addition to high-definition camera, millimeter-wave radar and ultrasonic radar, it also pioneered 39 sensing sensors including Fengyun-3 infrared remote sensing technology and three second-generation zoom lidar. According to Ai ‘an, the architecture has truly solved the pain point of users’ "dare to install and dare not use" for intelligent driving, and has surpassed car companies in terms of safety issues.
Automobile Chairman: "Lack of core and expensive electricity" cost 600,000 vehicles and cost 5,000 per vehicle.
On November 9th, Zhu Huarong, chairman of the automobile company, said that "lack of core" and "expensive electricity" have become the bottleneck of enterprise development. He said that although the chip shortage has eased, it is still one of the biggest bottlenecks for enterprises. Under the background of chip shortage, the price of chips soared, which directly led to the increase of procurement costs of OEMs. At the initial stage of new product launch, it was affected by the shortage of chips, which prolonged the delivery cycle of orders and seriously affected the pace of new product launch and sales. "Expensive electricity" refers to the rising price of power batteries. Over the past year or so, the price of raw materials for power batteries has also continued to soar. Take battery-grade lithium carbonate as an example. The price in early 2021 was about 53,000 yuan/ton, and the latest price this year exceeded 560,000 yuan/ton.
Zhu Huarong said that at present, the cost of power battery has exceeded 40% of the total cost of electric vehicles, which has seriously affected the achievement of product benefits, greatly disturbed the cost of enterprises, and the increase of battery cost is far greater than the value brought to users by technological progress. From January to September, the output of 606,000 cars was lost, "lack of core" caused a large number of semi-finished products in stock, and "expensive electricity" caused the cost of bicycles to increase by 5,000-35,000 yuan.
After the bad road, the power steering failed, and OTA recalled over 40,000 cars.
On November 9 th, it was reported that the application for recalling 40,000 vehicles from the National Highway Transportation Safety Administration mainly involved problems with the electronic assisted steering EPAS on some Model S and Model X models from 2017 to 2021, indicating that it would be updated through OTA to solve this problem. According to the documents published by NHTSA, the power steering assist system may lose its function when you drive the above-mentioned vehicles on rough roads or hit potholes. 314 alerts on this issue were identified for American cars that may be related to the recall. According to reports, more than 97% of recalled vehicles have completed the latest firmware update. "If the owner has installed the firmware version 2022.36.5 or higher, no further action is required."
Or will prepare for listing.
According to Bloomberg News, CEO Stefan winkelmann said that he had already told his strategy to stock market investors in advance before the group asked its brands to draw up equity stories. Through continuous cooperation with other institutions, we have provided them with more clear information to create greater transparency. In the context of a number of luxury brands seeking to go public, the news that the possibility of initial public offering is being evaluated is also coming out. winkelmann said, "IPO is the way to show the public the stability and future development of the company, and we have a clear story and strategy." The European luxury brands belonging to Stellantis Group have also been rumored to be listed. Richard Palmer, chief financial officer of Stellantis, recently said that if it can continue to make profits in the future, it may become an independent operating brand. Stellantis officials have also said that they may appear independently in the capital market in the future.
Push the insurance subsidy scheme again, with a maximum reduction of 8,000 yuan.
On November 8, China Guanwei released a poster saying that from November 8 (inclusive) to November 30 (inclusive), the car insurance portfolio of existing cars and cooperative insurance institutions will be purchased and the car will be picked up on schedule, and the final payment can be reduced by 8,000 yuan; From December 1 (inclusive) to December 31 (inclusive), the balance can be reduced by 4000 yuan. On October 24th, China officially announced the price adjustment for domestic Model 3 rear-drive version, high-performance version and Model Y rear-drive version, long-life version and high-performance version. Among them, the Model Y long-life version has the largest price reduction, with a decrease of 37,000 yuan or 9.37%; The Model 3 rear-drive version has the smallest decline, which is 14,000 yuan or 5%. This is also the first price reduction since the "six consecutive rises" this year, and it is considered to be eager to sell to the China market before the end of the year.
M8 grandmaster listed: 269,800.
On November 8th, M8 Master Series was officially launched, and five new models were launched, with the price range of 269,800-342,800 yuan. The new car is positioned on the M8 Master Series, aiming at the 300,000+luxury MPV market, and will be sold together with the Master and the Leading Show Series. Since the pre-sale started on October 18th, the order for M8 Master Series has reached 12,000 units. In terms of power, the car will provide three versions: fuel, HEV hybrid and PHEV plug-in hybrid. The fuel version is equipped with a 2.0T engine with a maximum power of 185kW.. The hybrid version is equipped with a giant wave hybrid system developed in cooperation with. The system is composed of a 2.0T engine and a motor, with a comprehensive maximum power of 140kW and a maximum torque of 330 Nm. The maximum power of the motor is 134kW and the maximum torque is 270 Nm. Matching it is the E-CVT gearbox.
From 99,800 yuan, 2023 big V/ stars will be listed.
On November 8th, its two main models, Big V and Star Synchronous, ushered in the launch of 2023 models and announced the price. The price range of the new big V is 998-128800 yuan, and the price range of the new star is 1266-149600 yuan. In addition, the government released six new car purchase packages, including financial policies, purchase subsidies and so on. The two new cars are optimized and upgraded in the vehicle-machine interconnection system and some configurations: the V-Link Zhilian system equipped with the big V can interact with users in the form of central control screen, instrument and voice assistant. Functions also include online navigation, voice interaction, car networking, OTA iterative upgrade and so on. In addition, the safety configuration is quite comprehensive, such as automatic parking, adaptive cruise, lane keeping, blind spot monitoring, pre-collision emergency braking, door opening warning and other functions are all equipped. Star comes standard with LED headlights, tire pressure monitoring, one-button start, electronic handbrake and other functions, and is equipped with Zhilian system including online navigation, voice interaction, car networking, OTA iterative upgrade and many other functions. In addition, the high-profile models are also equipped with higher-level driving assistance functions such as full-speed domain adaptive endurance, automatic parking assistance, and pre-collision intelligent brake assistance.
99,900 new PLUS models have been launched: all Kunpeng 1.6T engines.
On the evening of November 7th, the new PLUS went on the market, and the car was launched with four configuration models, with the price range of 999-121,900 yuan. The official provides "Extraordinary Seven Gifts for Listing" for car buyers, including deposit gift, car purchase gift, financial gift, replacement gift, flow gift, quality guarantee gift and lifetime free maintenance with a limited time of 5888 yuan. The new car adopts the same straight waterfall large-size mesh design as the plug-in version, and the interior of the headlights is also decorated with double L shapes. The difference is that bright decorative strips are used above the front bumper and rims of the fuel version. The car is equipped with L2+ intelligent driving assistance system, which provides ACC adaptive cruise system, LDW lane departure warning, AEB automatic emergency braking system and many other intelligent driving assistance functions. In addition, there are W-HUD head-up display, panoramic image and automatic defogging. In terms of power, the new car is equipped with a Kunpeng Power 1.6TGDI engine with a maximum power of 145kW(197 HP) and a peak torque of 290 Nm, which is matched with a 7-speed dual-clutch gearbox.
Tantanjia Everest 2.88 million pre-sale
On November 8th, Explorer Everest was officially put on sale at a price of 2.88 million yuan. The target users of the car are mainly the younger generation of consumers and high-end users. The car is designed in the style of mecha chariot, with blackened kit, which is full of mechanical feeling, while the surface of the car body is equipped with rock gray riot armor paint, which is more wild. The new car adopts a duplex two-story roof-rising shape, with a 270-degree tail expansion terrace and a usable area of over 18 square meters; Equipped with front and rear steel bumpers and side skirts, double 17,000-pound electric winches are standard for rescue or extrication.
As a mobile home, the car is equipped with dual 50-inch projection and 4-zone independent stereo. There are 2 independent forward VIP seats on the first floor, which support 6-way electric adjustment, leg rest, ventilation, heating and massage, and can lie flat with one button for 150 degrees. The car is also equipped with integrated solid wood electric floor heating. The second floor adopts the layout of double queen bed with three-person sofa. Each floor is independently equipped with 48V DC inverter air conditioner, and the cooling capacity of a single unit can reach 2.6kW. In addition, the vehicle can also be customized, such as electrical brand, wood grain material and lighting texture, so it is not a problem to live in it for a long time. In order to ensure the safety of life, the car uses healthy and environmentally-friendly E0 grade plates, food-grade water tanks, instant drinking fountains and 3M reverse osmosis direct drinking water filters, so as long as there is water source, safe hot and cold drinking water can be obtained.
The whole vehicle is equipped with a 29-degree lithium battery, which adopts the safe and stable original power-grade batteries. The whole package has passed 69 rigorous tests, providing an 8-year warranty. The large battery is matched with a 3.5kW parking generator, and there is a special fuel tank and exhaust system to realize that there is electricity when there is oil. Not only that, but the whole vehicle also supports various charging modes such as external commercial power, solar panels and new energy charging piles. In terms of power, the new car is equipped with a Corso C9 six-cylinder diesel engine, with a maximum power of 243kW and a peak torque of 1400 N m. It is matched with Allison 3200P automatic transmission, with two driving modes, 425 ultra-wide AT all-terrain tires, a full-time four-wheel drive system and three differential locks and four-wheel disc brakes. In addition, a three-point suspension subframe is adopted, which can effectively absorb vibration, protect the structure of the living cabin and improve the comfort when driving. The vehicle’s battery life can reach more than 1,000 kilometers, and a 600L long battery life fuel tank can be optionally installed, and the maximum battery life of the fuel tank can exceed 2,000 kilometers.
Bicycle profit is 69,000, which is eight times.
On November 8 th, the analysis showed that although the sales volume of cars in the third quarter was more than seven times, the profit per car was eight times, which helped to lead the quarterly net profit for the first time since its listing in 2010. The released financial report shows that the company’s net profit in the third quarter was $3.29 billion. In contrast, the third quarter net profit was 434.2 billion yen. According to the average exchange rate of the yen against the US dollar in the third quarter of 138:1, the net profit in the third quarter was about 3.15 billion US dollars.
E260 Project Off-line in Body-in-White: Electric Jimny will be unveiled soon.
Recently, it was reported that the first car-in-white of E260 project rolled off the assembly line, and the first car of E260 OTS was officially put on the assembly line for verification, so as to ensure that E260 OTS rolled off the assembly line smoothly and open the valve for SOP smoothly. It is understood that the E260 project is an important milestone of the "One Million Pure Electric New Energy Platform" in the "125" strategic deployment. E260 project adopts a variety of new processes and equipment, such as: automatic frame center of front car body, robot welding island of door inner panel, and more flexible piping island for door edging instead of traditional servo hydraulic automation equipment. On the whole, the car will be the previously released urban fun SUV, and it will also become the "first car of a brand new brand".
Tucki Huitian received 6 billion yuan bank credit to promote the research and development and manufacturing of flying cars.
On November 8th, Tucki Huitian formally reached a strategic partnership with China Agricultural Bank Guangdong Branch, China Construction Bank Guangdong Branch, China CITIC Bank Guangzhou Branch and Pudong Development Bank Guangzhou Branch. The four banks jointly provided Xiaopeng Huitian with a credit line totaling RMB 6 billion to support Tucki Huitian’s flying car research and development and future manufacturing. On October 19th, 2021, Tucki Huitian announced the completion of Series A financing of more than US$ 500 million, which was jointly led by IDG Capital, Wuyuan Capital and Xpeng Motors, followed by well-known funds such as Sequoia, Zhong Ding, Gaoyou and Yunfeng, making it the largest Series A financing in the global flying car industry. The strategic cooperation with the four major banks and the credit of RMB 6 billion this time is another financing peak of Tucki Huitian after the A round of equity financing, which represents the R&D strength, scientific and technological achievements and business prospects of Tucki Huitian and has been affirmed by banking financial institutions.
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