Krypton responds to Xi ‘an Krypton 001 fire.

  On April 20, Extreme Krypton Automobile issued a statement on "A Extreme Krypton 001 fire incident occurred in Yanta District of Xi ‘an", saying that there were no people on board at the time of the incident and the fire did not cause any casualties.

  Extreme Krypton Automobile said that we attach great importance to the fire of vehicles, and the relevant staff have rushed to the scene at the first time to assist users in reporting insurance and providing scooters, and at the same time report to public security, fire protection and other relevant departments.

Image source: Extreme APP

  According to Krypton Automobile, according to the information currently available, when a fire broke out, the power battery of the vehicle was in a safe state, and no thermal runaway occurred, and the accident caused by the power battery was initially ruled out. After the fire, the scene showed that only the front standby compartment of the vehicle was overheated, and the passenger compartment, chassis and power battery were kept intact. We will actively cooperate with the fire department to carry out the investigation, and the cause of the accident will be subject to the investigation results of relevant institutions. At the same time, assist users to deal with the follow-up, fully protect users’ rights and interests, and do a good job in related after-care services.

  Previously, in January this year, there was also an extremely krypton 001 fire accident in Yueqing, Wenzhou. When the vehicle caught fire, there were no people on board, and the fire did not cause any casualties. At that time, Extreme Krypton Automobile issued a briefing response on January 20th and February 9th, respectively.

  Among them, the description of the car published on February 9 pointed out that the fire was ignited by the wreckage of fireworks and firecrackers, and there was no short circuit in the car when there was a fire accident. According to the investigation of Wenzhou Yueqing Fire Rescue Brigade, the cause of vehicle fire was caused by the spread of combustible materials ignited by fireworks and firecrackers. In the event of a fire accident, the high-voltage power supply system, low-voltage power supply system and three-electricity system of the vehicle all work normally without any short circuit. During the fire and after the fire extinguishing, the headlights of the vehicle turned on and the alarm system worked normally, indicating that the battery, fuse box and related wiring harness were all normal, and there was no fault in the low-voltage alarm system of the whole vehicle.

Image source: Extreme APP

Chery TIGGO tiggo tiggo 9 was launched globally on may 30th, with a price of 155,000-175,000 yuan.

On May 29th, Chery Automobile announced that TIGGO Tiggo 9 will be listed globally on May 30th.

IT House obtained from the official that the length, width and height of Tiggo 9 are 4820×1930×1699mm respectively, and the wheelbase is 2820mm;; Equipped with height-adjustable electric LED headlights, two-color suspended roof, hidden door handle and penetrating taillights at the tail.

The new car is equipped with a 24.6-inch curved screen, a 50-inch AR-HUD, 14 speakers, a C-PURE Chery net cubic green cockpit, NAPA textured seats, 84 stepless adjustment of leg rest and 123 adjustable backrest. Equipped with L2.9 intelligent driving assistance system, it has 21 basic ADAS functions and 11 advanced intelligent driving functions, and supports automatic adjustment of cruising speed and automatic parking service.

Tiggo 9 is equipped with Kunpeng Power 400T+7DCT/Aisin 8AT power combination, with the maximum power of 192kW and the maximum torque of 400N?m, and the fuel consumption of WLTC under comprehensive working conditions is 7.5L.

China’s mobile phone market shows a warming trend, and 5G mobile phones are intensively listed

  China news agency, Beijing, April 17 (Reporter Liu Yuying) Recently, the China market has intensively released new models of 5G mobile phones, and various manufacturers have preempted the layout for possible "retaliatory consumption".

  This week, OPPO, Huawei’s glory and Yijia all released new 5G mobile phones. Huawei P40, which was released once in the world in March, held a special conference for the China market last week. In February and March, more than 10 manufacturers using Qualcomm Snapdragon 865 chips released 5G mobile phones.

  Due to the outbreak of the epidemic, the mobile phone market in China experienced a cliff-like decline in January and February, and the shipment volume decreased by 44% year-on-year. With the acceleration of resumption of production and work, the mobile phone market in China shipped 21.756 million units in March, down 23.3% year-on-year, but the chain increased significantly, 3.4 times that of 6.384 million units in February.

  Regarding the market heat, Zhang Yang, an analyst at Zhongcheng Think Tank, believes that the mobile phone market has not yet picked up, but it has begun to pick up. Previously, due to the epidemic, many manufacturers delayed the release of new machines. Now that the isolation measures are lifted, manufacturers will release new models as soon as possible.

  Yu Chengdong, CEO of Huawei’s consumer business, said that the China market recovered quickly. Huawei’s mobile phone sales recovered quickly from the end of February to the beginning of March, and achieved very good growth in March.

  5G is undoubtedly the driving force behind the recovery of the mobile phone market. China’s rapid construction of 5G network is one of the reasons to attract consumers to purchase it.

  According to the data of China Information and Communication Research Institute, in March, the shipment of 5G mobile phones reached 6.215 million units, an increase of 162% compared with the previous month, setting a new monthly sales record.

  Zhang Yang predicted that in the second and third quarters of this year, especially during the "618", "double 11" and "Double 12" e-commerce carnival, 5G mobile phones are expected to usher in a small sales peak.

  Compared with the high-end mobile phones and flagship machine, most of which were above 5,000 yuan (RMB, the same below), the price of 5G mobile phones is dropping. The glory 30 series just released, the price is between 2999 yuan and 5499 yuan; OPPO Ace2 is priced between 3999 yuan and 4599 yuan; One plus eight series is between 3999 yuan and 5999 yuan.

  Zhong Xinlong, a researcher at the Institute of Informationization and Software Industry of CCID Think Tank, said that from the released 5G mobile phones, the functions are being differentiated. The Ace2 released by OPPO this week is a game mobile phone for mobile game enthusiasts, and the whole configuration fits the needs of the game. In the future, there may be mobile phones for different users, such as female users, and consumers may have more than one 5G mobile phone.

  Zhong Xinlong said that compared with the 4G era, the competition of 5G mobile phones will be more intense, and strengthening research and development is expected to survive. For example, vivo and Samsung cooperate to develop 5G chips to meet the different needs of users. Xiaomi has also invested in a number of chip companies with the intention of building a whole industrial chain.

  At present, the market tends to pick up, and manufacturers also go all out. However, whether the growth can be achieved throughout the year depends on the speed of the popularization of 5G mobile phones.

  In the 4G era, the popularity of 4G mobile phones benefited from the thousand yuan machine. Wu Hequan, an academician of China Academy of Engineering, said earlier that the price of 5G mobile phones is still high.

  Zhong Xinlong said that in terms of the price distribution of 5G mobile phones, more than 4,000 yuan is a high-end machine, 2,000 yuan to 4,000 yuan is a mid-range machine, and less than 2,000 yuan is a low-end machine. At present, the price of 5G mobile phones is generally above the mid-range. The reason is that mobile phone production is a scale effect. The higher the output, the lower the marginal cost, and the whole cost will come down.

  The industry predicts that with the intensification of competition in the whole market, low-end models will appear next year. However, it is also reported that if the market is hot, it is expected to launch a 5G mobile phone below 2000 yuan this year.

Geely Automobile’s net profit will shrink by 30% in 2020, and its net cash flow from operating activities will plummet by 87%.

On March 23rd, Geely Automobile Holdings Limited released its 2020 financial report. Although some sectors performed brilliantly, Geely Automobile’s revenue and net profit declined in 2020 compared with 2019, which the company attributed to the COVID-19 epidemic.

In 2020, Geely Automobile achieved revenue of 92.1 billion RMB, down 5.4% year-on-year. Net profit was 5.57 billion yuan, down 32% year-on-year, compared with 8.26 billion yuan in the same period last year. The profit attributable to shareholders was RMB 5.53 billion, and the ending cash balance was RMB 19 billion.

After the results were announced, the market reacted strongly. In the afternoon, Hong Kong stock Geely Automobile plunged in a straight line, with a drop of over 7%.

In 2020, the cumulative sales volume of Geely Automobile exceeded 1.32 million, ranking first in the sales volume of China brand passenger cars for four consecutive years. However, this figure is 3% lower than that in 2019.

Among them, the annual cumulative sales volume of high-end brand Lexus reached 175,000 units, up about 37% year-on-year.

In terms of profit structure, its joint venture company contributed 880 million profits (including 580 million yuan from Jizhi Financial Company and 260 million from Link), accounting for about 15.6% of the net profit; Royalty income is 570 million yuan, accounting for about 10.2% of net profit.

In 2020, Geely Automobile accelerated the payment to its suppliers to alleviate the impact of production interruption caused by the epidemic, which also led to a significant decrease in the net cash inflow from its operating activities.By the end of 2020, the net cash flow from operating activities of Geely Automobile decreased by 87% year-on-year to 1.6 billion yuan.

In order to revive its financial resources, in May 2020, Geely raised HK$ 6.48 billion by placing 600 million new shares to institutional investors.

With the help of the proceeds from the placement, the total cash level of Geely Automobile (bank balance and cash+pledged bank deposits) will remain at about 19 billion yuan at the end of 2020.

In the second half of the year, the negative impact of the COVID-19 epidemic on Geely Automobile decreased.

In contrast to the bleak sales in the first half of 2020, in the second half of 2020, Geely Automobile’s sales increased by 49%, revenue increased by 50% and net profit increased by 40%.

In overseas markets, despite the restrictions of the COVID-19 epidemic, Geely Automobile’s "sea layout" is still accelerating.

In 2020, Geely Automobile sold nearly 273,000 overseas vehicles, up 25% year-on-year, covering nearly 30 countries. Among them, Link’s European offline experience store opened; In the Southeast Asian market, the annual sales volume of Proton Automobile under Geely reached 109,000 vehicles, and the export increased by 49.8%.

In terms of research and development, Geely Automobile has invested 4.8 billion yuan in 2020.In 2021, Geely’s R&D investment will continue to increase to cope with the wave of smart electric vehicles.

In 2020, in order to optimize the product structure, under the poor environment, Geely Automobile successively launched new models such as ICON, Haoyue, Xingrui, LECK 05 and LECK 06.

However, since mid-2019, the higher discounts and concessions offered by Geely to its dealers offset the positive impact brought by the continuous improvement of its product portfolio, making the average ex-factory sales price of Geely in 2020 similar to that of the same period last year.

If the high-end brand Lexus sold by its 50% equity joint venture company is taken into account, the average ex-factory sales price of Geely Automobile increased slightly year-on-year.

This also shows that the current profit pressure of new car sales in the automobile industry is great, and enterprises should pay more attention to after-sales service and other value-added businesses.

In order to continue to increase the market share, in 2021, Geely Automobile set the sales target at 1.53 million vehicles, up 16% year-on-year.

In order to step into the era of "4.0 comprehensive architecture system" faster, Geely Automobile announced that it had entered into a framework agreement with Geely Holding and established a joint venture company.

On March 23rd, Krypton Company was established, and it is planned that Geely Automobile and Geely Holding will jointly contribute 2 billion yuan. Among them, Geely Automobile holds 51% and Geely Holding Group holds 49%.

Li Shufu became the chairman of the company, and An Conghui became the CEO of the company.

Extreme Krypton Company will increase its R&D investment in the field of new four modernizations, and build the full-stack self-research capability of intelligent software and hardware. It will integrate various assets and technologies, including but not limited to electric vehicle technology, the right to use the vast intelligent evolutionary experience architecture (SEA), brand authorization, three power technologies, supply chain system construction and user ecological construction.

The joint venture company will become a subsidiary of Geely Automobile, and its financial performance will be consolidated with Geely Automobile.

As early as last September, the Shanghai Stock Exchange disclosed that Geely Automobile had an IPO meeting in science and technology innovation board. However, Geely has made no substantial progress in the process of officially landing in science and technology innovation board.

China’s stock market regulator questioned whether the company was high-tech enough, Lianhe Zaobao quoted people familiar with the matter as saying.

In this regard, Yang Xueliang, vice president of Geely Holding, said that there is no further information to provide. According to the information disclosure standard of the listing process, everything is subject to the approval of the regulatory authorities.

Risk warning and exemption clause
The market is risky and investment needs to be cautious. This paper does not constitute personal investment advice, nor does it take into account the special investment objectives, financial situation or needs of individual users. Users should consider whether any opinions, viewpoints or conclusions in this article are in line with their specific situation. Invest accordingly at your own risk.

300,000-400,000 yuan to buy medium and large SUVs, extended range and fuel, who do you choose?

  Nowadays, the price of new energy vehicles is the same as that of fuel vehicles, and it is inevitable that new energy will grab the share of fuel vehicles. Take the medium-sized and large SUV with a budget of 300,000-400,000 yuan. Do you want to increase the program, or the pure fuel version of Ford? Both cars have a body exceeding 5 meters, and the whole department has a 6-seat design. Explorers have 6 seats and 7 seats to choose from. The guide prices of M7 and 2023 explorers are 319,800-379,800 yuan and 309,800-379,800 yuan respectively.

300,000-400,000 yuan to buy medium and large SUVs, extended range and fuel, who do you choose?

  Space: The third row of explorers is slightly more spacious than the M7.

  In terms of sales volume, there were 1,100 vehicles sold in the market in July, while in August, the total sales volume of the entire customer M5 and M7 reached 10,045 vehicles, and the effective orders of the customer M7 so far exceeded 50,000 vehicles. Looking at the explorers, in the first eight months of this year, the total sales volume was 8964 vehicles, and the average monthly sales volume exceeded 1000 vehicles. From the current point of view, the monthly sales of the M7 and the Explorer are similar, but what about the future? The market will give the answer!

300,000-400,000 yuan to buy medium and large SUVs, extended range and fuel, who do you choose?

  From the product itself, both the Explorer and the Quest M7 are medium and large SUVs with similar body sizes, but the Explorer is 43 mm longer than the Quest M7, and the Explorer with a wheelbase of 3,025 mm is longer than the Quest M7 with a wheelbase of 2,820 mm. The longer wheelbase gives the Explorer a slightly more spacious third row space than the Quest M7. Compared with the size, the length, width, height and wheelbase of the explorer’s body are indeed above the boundary M7.

300,000-400,000 yuan to buy medium and large SUVs, extended range and fuel, who do you choose?
300,000-400,000 yuan to buy medium and large SUVs, extended range and fuel, who do you choose?

  Performance: The rear drive explorer accelerates faster and the four-wheel drive interface M7 is stronger.

  From the performance point of view, the zero-acceleration of Explorer’s rear-wheel drive and Wenjie’s M7 rear-wheel drive is 7.6 seconds and 7.8 seconds respectively, and only the lowest equipped models of the two cars are rear-wheel drive designs, and the prices are 309,800 yuan and 319,800 yuan respectively. In terms of four-wheel drive models, the four-wheel drive acceleration of Explorer and Quest M7 is 7.8 seconds and 4.8 seconds respectively, and the guide prices are 329,800-379,800 yuan and 339,800-379,800 yuan respectively, and the prices are close.

  Explorers are all equipped with a 2.3T turbocharged engine and a matched 10AT transmission, with an output of 276 HP and 425 N.. Rice, just add 92# gasoline. The 1.5T four-cylinder engine on the M7 is only used for power generation and does not directly drive the vehicle, but 95# gasoline needs to be added. The M7 rear drive is equipped with 200 kW and 360 N.. Rice motor; Like the rear motor of the four-wheel drive model, the power of the front motor is 130 kW and 300 N. Rice.

300,000-400,000 yuan to buy medium and large SUVs, extended range and fuel, who do you choose?

  M7 plus 95# gasoline, but the fuel consumption is lower than that of Explorer, and the front suspension of Explorer is better.

  Explorers refuel for a few minutes, but the battery life of M7 rear drive and four-wheel drive pure electric WLTC is 150 km and 135 km, and it takes 30 minutes for slow charging and 5 hours for fast charging. People who buy extended-range cars generally don’t want to wait for a slow charge, unless they have a private charge at home, which is mainly to refuel and generate electricity. The fuel consumption of M7′ s rear drive and four-wheel drive is 6.85L and 7.45L respectively, while the combined fuel consumption of Explorer’s rear drive and four-wheel drive is 9.07L and 10.08L, and the actual fuel consumption may be slightly higher than this fuel consumption.

300,000-400,000 yuan to buy medium and large SUVs, extended range and fuel, who do you choose?

  In terms of energy consumption, at the same price, even with refueling, the fuel consumption of the boundary M7 is definitely lower than that of the explorer, and the use cost of the boundary M7 will be lower than that of the explorer. If you drive for a short distance and charge conveniently, the use cost under charging is lower. Looking at the driving quality, Explorer’s front suspension is a double-ball-joint spring strut suspension, while Wenjie M7 is an ordinary McPherson independent suspension, and both rear suspensions are multi-link independent suspensions.

300,000-400,000 yuan to buy medium and large SUVs, extended range and fuel, who do you choose?

  The key point is the difference of the front suspension. As the best family car controlled by BMW, BMW 3 Series also adopts the double-ball joint spring shock absorption strut suspension, which makes the control more accurate and flexible. However, there is a 40-degree ternary lithium battery on the chassis of the car body, which makes the weight of the chassis heavier. After the center of gravity is lowered, the driving quality of the car body will not be weak.

300,000-400,000 yuan to buy medium and large SUVs, extended range and fuel, who do you choose?

  In terms of configuration, the asking M7 is more abundant than the explorer, but it is not much at similar prices. Take the entry-level rear-drive model as an example, the asking M7 is 10,000 yuan more expensive, which also includes door-opening warning, 360 panoramic image, full-speed adaptive cruise, automatic parking, HUD head-up display, wireless charging function of front-row mobile phones, heating, ventilation and massage functions of the first and second rows of seats, and 12 audio and negative ion generators. However, regarding the central control screen, the explorer’s 27-inch screen is larger than the 15.6-inch screen of the world M7, and both the explorer and the world M7 have L2-level driving assistance capabilities.

300,000-400,000 yuan to buy medium and large SUVs, extended range and fuel, who do you choose?

  Write it at the end

  The budget of 300,000-400,000 yuan is to buy medium and large SUVs, and the explorers provide 6 and 7 seats to choose from, while only 6 seats are available to ask for the M7. At similar prices, the configuration of the M7 is slightly richer than that of the explorers, while the M7 is exempt from purchase tax, and thanks to Huawei’s technical blessing, its popularity is higher than that of the explorers. Judging from the use cost, the fuel consumption cost of the M7 is definitely lower, and both cars can be poetic and far away. The short-distance M7 can also reduce fuel consumption by pure electric driving. Although the space of the boundary M7 is slightly smaller than that of the explorer and the central control panel is not as large as that of the explorer, at a similar price, many people may choose the boundary M7 for the sake of green cards and lower fuel consumption.

Huawei P70 King Return! In addition to rolling images, it is also equipped with a new Kirin 9010 chip.

Recently, a blogger said that Huawei’s new vertical folding still uses Kirin 9000S, and Huawei P70 has already tested Kirin 9010.

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It is understood that Kirin 9010 is an upgraded version of Kirin 9000S, and its internal name is tentatively "Kirin 9010". Although the specific parameters of Kirin 9010 have not been announced yet, according to the previous rumors and naming rules of Kirin, we can infer that Kirin 9010 may have been optimized and adjusted on the basis of Kirin 9000S, and the manufacturing process may be changed, focusing on optimizing performance and power consumption. Huawei’s hyper-threading technology will continue to be used.

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According to netizens, the measured running score of Kirin 9010 chip has reached the level of 8 Gen2 in Snapdragon. Some people speculate that the chip is a 3nm process and the foundry is TSMC, but it should be false news in the current situation of Huawei. Moreover, Xiao Bian also found that rumors about Kirin 9010 chip had appeared as early as 2021, and it is said that the manufacturing process was 3nm, which means that several bans in the United States disrupted Huawei’s original rhythm when mass production was about to begin, so it was necessary to switch to Qualcomm’s 4G chip.

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Since the launch of Kirin 9000, every generation of flagship new products after Huawei will always be speculated whether it will go to Kirin 9010. This is also a kind of expectation for Huawei. It is always thought that it can come up with stronger products to surprise everyone in the sanctions. It may not be possible before, but after watching the performance of Mate 60 this year, everyone thinks that Kirin 9010 will have a chance on Huawei P70.

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If it is as stated in the news, Huawei P70 will officially return with Kirin 9010 chip, indicating that Huawei has once again created a miracle. In addition, the main camera of Huawei P70 will use Sony IMX989 1-inch outsole sensor. The overall lens layout is not much different from that of the previous generation P60, but the lens deco has changed from "long strip" to "approximate square", and it is still designed for three lenses. The largest main camera is located in the middle, the telephoto and wide angle are distributed on both sides of the main camera, and the flash is on the far left.

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As the latest masterpiece of Huawei’s flagship mobile phone series, P70 series will also usher in a major breakthrough and promotion in hardware configuration, video experience and localization of supply chain. All kinds of revelations alone have been able to make consumers blind, which also reflects Huawei’s influence and competitiveness. We also have reason to believe that Huawei will once again boost the overall smartphone sales in China with P70 series.

All-round SUV extremely krypton x 189,800 yuan compact luxury sets a new benchmark in the market.

   On April 12, 2023, at the press conference in Chengdu, the new luxury all-around SUV was officially launched, with a price of 189,800 yuan. From now on, users can order through Krypton APP, Krypton official website, Krypton Center and Krypton Space in major cities in China.


  At the press conference, Extreme Krypton X showed the first five configurations in the industry, the only 20 configurations at the same level, and more than 100 standard systems. An Conghui, CEO of Extreme Krypton Intelligent Technology, said that based on the luxury experience needs of users around the world, Extreme Krypton X has completely subverted the five core areas of design, performance, safety, space and configuration, aiming at the compact luxury market with the largest volume in China and even the world, creating a new standard for the compact luxury market and setting a new benchmark for the industry.

  Led by the world-renowned designer Steve Sielaff, Extreme Krypton X adheres to the design attitude of "originality is justice" that the Group has always adhered to, and combines the design concept of "unbounded city" with forward-looking scientific and technological innovation technology to interpret the original innovative luxury beauty of the compact luxury car market. For the first time in history, Krypton X applied the forward-looking design of the concept car to a compact luxury car. The frameless door design, frameless electric exterior rearview mirror, hidden electric charging flap, and even the water cut on the window glass were "smoothed" by the designer at any cost. You can also choose an electric door without a door handle and the technology of an ultra-luxury brand like aston martin to create an extremely pure body profile. The simple logo of micron electroforming process is only half the original thickness, and the metal relief texture is more refined and the artistic texture is sublimated again.


  Extreme Krypton X has designed the industry’s first intelligent B-pillar interaction system, which integrates ToF 3D camera and a multimedia touch screen. Users can easily unlock and lock the vehicle through facial recognition, and the display content on the B-pillar screen can also be directly related to the scene mode, which can easily and quickly complete the intelligent interaction inside and outside the vehicle. Later, more personalized functions can be created through OTA.

  In order to better meet the needs of compact users, Krypton X starts from the space pain point of target customers, breaks the traditional bondage and realizes space super-transformation. According to the survey, the utilization rate of the rear row space of the original compact model on the market is less than 11%. Krypton X has transformed the rear middle seat used at low frequency to create the first four-seat model in the compact luxury market. Through electric adjustment, the rear row seat can be folded up with one button, and the fixed central armrest has also been transformed into an imaginative and intelligent island, so that the limited space can be completely opened and the space flexibility can be further improved.


  Zero-speed 3.7s, 5.7L large-capacity embedded refrigerator, the first 14.6-inch electric sliding smart screen and 4D cloud zero-gravity seat of the same class, and nearly 100,000 delivered batteries with zero fire & HELIP; … The new luxury of Krypton X debuted, creating a new market standard with the highest standard of Krypton safety in the industry and becoming a representative model leading the compact luxury car market.

Mass production in 2024! Is the money ready? Xiaomi automobile obtained production qualification.

Xiaomi has always been a cost-effective existence in the mobile phone industry. Although it is gradually developing in the high-end direction, the famous sentence that Lei Jun said that the diaosi won the world has become an inherent impression of Xiaomi. Lei Jun’s unspeakably swearing attribute is quite in line with the style of the leaders of new forces automobile enterprises.

According to the report of Reuters, Xiaomi has obtained the production qualification of new energy vehicles. Lu Weibing, president of Xiaomi Group, also said in May this year that Xiaomi Automobile will be officially listed in the first half of 2024.

According to informed sources, the National Development and Reform Commission approved Xiaomi Company to produce electric vehicles earlier this month. It is reported that Xiaomi Automobile is the fourth enterprise approved by the National Development and Reform Commission since 2017.

As early as August 19th, Lei Jun posted six pictures on social platforms. In one picture, it can be clearly seen that Lu Weibing, president of Xiaomi Group, and others are holding banners that read "Fight for Xiaomi Automobile". The IP address where Lei Jun posted this message is shown as Xinjiang, so many netizens also speculated that this is the first model of Xiaomi to be tested in Xinjiang.

As netizens guessed, a few days ago, the spy photos of Xiaomi’s road test in Xinjiang were exposed on the Internet. Although the current model is still closely disguised, it can be seen from the shape of the slip back, the front lip, and the style of the inner lamp group of the headlight that many details of the previously exposed design renderings have been continued.

In the past, there have been many news about Xiaomi making cars. As early as July 5, Changchun FAW Fuwei Auto Parts Co., Ltd. once said on the interactive platform that the company is actively communicating with Xiaomi Automobile, and many companies have entered the purchasing group of Xiaomi Automobile., as ofOn July 4th, the quotation for the first model of Xiaomi was completed.

At the same time, on July 6, Yachuang Electronics said on the interactive platform that it also indirectly carried out business cooperation with Xiaomi Automobile, which is now in a small batch stage. Later, it was reported that Xiaomi Automobile began to screen the delivery center. Xiaomi Automobile requested that the candidate venue "can provide at least 120 parking spaces" and the construction area "cannot be less than 3,000 square meters".

In mid-July, a group of battery pack information carried by the first model of Xiaomi automobile was exposed on the Internet. The exposure picture shows that the rated voltage of the battery pack is 726.7V, the rated capacity is 139Ah, the battery pack capacity is 101kWh, and the weight is 642kg. It can be inferred that the first model of Xiaomi automobile is likely to support 800V high-voltage fast charging. Although Lei Jun made no mention of the progress of Xiaomi Automobile in his annual personal speech, it can be expected that Xiaomi Automobile is indeed getting closer and closer to us.

N Comments: It is an ironclad fact that Xiaomi builds a car, but I don’t know if the future Xiaomi car can be like its mobile phone, but the flagship configuration only sells cabbage prices. If Xiaomi can do it, it is really another company besides Tesla that can knock down the price of new energy vehicles. But building a car is not building a mobile phone, which I deeply doubt. After all, even if it is ergonomics, it takes a long time to adjust the new power cars in the market now, and there are still many things that are not done well. But in any case, the cross-border car-making of mobile phones, Xiaomi, can go faster than Apple!

LI brand story

LI is a new energy automobile manufacturer in China, which designs, develops, manufactures and sells luxury intelligent electric vehicles. Founded in July 2015, it is headquartered in Beijing and has its own production base in Changzhou, Jiangsu Province. Through product innovation and technology research and development, it provides safe and convenient products and services for home users.

In China, LI is a pioneer in the successful commercialization of extended-range electric vehicles. Li ONE, the first and only commercialized extended-range electric vehicle model, is a six-seat medium and large luxury electric SUV (sport utility vehicle) equipped with an extended-range system and advanced smart car solutions. It started mass production in November 2019 and launched the 2021 Li ONE on May 25, 2021. On March 1, 2022, LI announced the delivery data for February 2022. In February 2022, LI delivered 8,414 Li ONE vehicles, an increase of 265.8% compared with February 2021. By the end of February, 2022, Li ONE had delivered 144,770 vehicles.

According to the prospectus of Hong Kong stocks, LI will launch the first product of X platform in 2022 — — Full-size luxury extended-range electric SUV, and launched two other SUVs on the X platform in 2023. In the future, two high-voltage pure electric vehicle platforms will be launched — — Whale and Shark, and since 2023, two new high-voltage pure electric vehicles have been launched every year.

LI is developing 400kW ultra-fast charging technology. Before the introduction of pure electric vehicles in 2023, the necessary ultra-fast charging infrastructure will be built to meet users’ demand for fast charging in high-speed and some dense areas.

On July 30th, 2020, LI was officially listed on the NASDAQ stock market with the stock code "Li".

 

On July 1, 2015, Li Xiang founded LI;  

On October 18th, 2018, the first product — — Li ONE;; 

On April 10, 2019, Li ONE listed and announced the price — — The national unified retail price was 328,000 yuan, and users began to accept reservations;  

On May 1, 2019, the first batch of five ideal retail centers in Beijing, Tianjin, Shanghai, Guangzhou and Shenzhen officially opened. 

On November 20, 2019, LI Changzhou Base began mass production, and Li ONE officially went offline; 

In December 2019, Li ONE began to deliver users; 

On July 30, 2020, LI was officially listed on the Nasdaq stock market in the United States, with the stock code "Li"; 

In October, 2020, LI delivered 3,692 Li ONE vehicles, a steady growth compared with September, 2020, and once again set a new monthly delivery record. By October 31st, 2020, the company has 41 retail centers in 36 cities. 

On December 18, 2020, Li ONE delivered more than 30,000 users; Since the delivery was officially started in Li ONE on December 4, 2019, LI has completed the delivery of the first 30,000 vehicles in just 12 months and 14 days, setting a record for the fastest delivery of the first model of New Car Power. 

In April 2021, Li ONE delivered more than 50,000 users; 

On April 1, 2022, the national unified retail price in Li ONE was 349,800 yuan.  

On June 1, 2021, the 2021 Li ONE began to be delivered to users; 

On July 10th, 2021, the 100th direct retail center in LI officially opened. 

On August 12th, 2021, LI was officially listed on the main board of Hong Kong Stock Exchange, with stock code: 2015.

In October, 2021, LI announced that Beijing Green Intelligent Factory was officially started in Shunyi District, Beijing. This is to build an intelligent manufacturing factory for pure electric passenger cars by using the former Beijing Hyundai No.1 Factory, with a total area of 270,000 square meters. LI said that the investment of the whole project exceeds 6 billion yuan, and it is planned to be put into production by the end of 2023. After commissioning, the first phase will achieve an annual production capacity of 100,000 pure electric vehicles. 

On October 28th, 2021, the 100,000th Li ONE officially rolled off the production line at Changzhou base in LI, and it is ideal to become the first new car-making force product with a single model exceeding 100,000. It only took 708 days to set a record for the fastest single car-making force in China to break 100,000. 

On November 29th, LI announced its financial report for the third quarter of 2021. In this quarter, it achieved revenue of 7.78 billion yuan and delivered 25,116 vehicles, up by 190.0% year-on-year, reaching a new record high. 

On December 1st, LI announced the delivery volume in November. Li ONE delivered 13,485 vehicles in November, and the cumulative delivery volume from January to November was 76,404 vehicles. Since its launch, Li ONE has delivered 110,001 vehicles. 

In December, 2021, LI announced that it would start to push OTA version 3.0. After this update, the "visual parking" function will be added to the 2020 model, and the "navigation-assisted driving" function will be enabled to the 2021 model. In addition, functions such as "ideal classmate" have also been optimized. 

LI announced the delivery volume in December 2021 and the whole year. In 2021, the total delivery volume was 90,491 vehicles, up 177.4% year-on-year. 

On January 28th, 2022, Beijing Chehejia Information Technology Co., Ltd. obtained the patent authorization of "Vehicle Falling into the Water Escape Device and Vehicle". 

In February 2022, the "WeChat Car Edition" was updated, saying that it had been connected to 15 car manufacturers such as Ideal. 

In February, 2022, the third production base in LI will surface. This may mean that LI will build a production base in Chongqing. 

On February 25, 2022, LI released the financial report for the fourth quarter and the whole year of 2021. The financial report shows that LI achieved revenue of 10.62 billion yuan in the fourth quarter and delivered 35,221 vehicles, and the quarterly revenue exceeded 10 billion for the first time; In 2021, the company achieved revenue of 27.01 billion yuan and delivered 90,491 vehicles, both of which reached record highs. By the end of the fourth quarter, the company’s cash reserves reached 50.16 billion yuan. On the premise of substantially increasing R&D investment and accelerating the expansion of sales network, it still achieved profitability in the fourth quarter, with operating cash flow reaching 3.84 billion yuan, which fully reflects that LI has outstanding operating efficiency.

On March 23, 2022, the official Weibo of LI released a message saying that due to the continuous sharp rise of upstream raw materials, LI will adjust the price of Li ONE from April 1, 2022, and the national unified retail price will be raised from the current 338,000 yuan to 349 yuan, 800 yuan. This price adjustment will take effect from 0: 00 on April 1, 2022. 

 

On January 30th, 2020, LI donated 2 million yuan through Hubei Charity Federation to support the prevention and control of pneumonia infected by novel coronavirus in Wuhan and other areas. 

On July 21st, 2021, LI donated 10 million yuan to Henan Charity Federation for flood control and disaster relief.

 

 

 

The first in the industry, full firepower! LI’s delivery in 2023 has exceeded 300,000 vehicles.

  The first in the industry, full firepower! LI’s delivery in 2023 has exceeded 300,000 vehicles.

  A few days ago, LI announced through Guanwei that the cumulative delivery volume in 2023 exceeded 300,000 vehicles. It is reported that this is the first luxury brand in China with a sales volume of 300,000 vehicles this year.

Image source: LI official micro screenshot

  In addition, LI also mentioned that the cumulative delivery of the ideal L series exceeded 350,000 vehicles. Among them, the delivery volume of single models has exceeded 100,000.

  The ideal L9 will be delivered on August 30th, 2022, and will exceed 10,000 in the first complete delivery month in September, 2022, and the delivery of the 100th vehicle will be completed on August 30th, 2023. As of October 2023, it has been the champion of large SUV sales for 14 consecutive months.

  The ideal L8 will be delivered on November 10th, 2022, with the delivery volume exceeding 10,000 in December, and the delivery of the 100th vehicle will be completed on October 20th, 2023.

  Ideal L7 started delivery on March 11th, 2023, and delivered over 10,000 in April, 2023. In October 2023, from the first delivery month, it has been the champion of medium and large SUV sales for 8 consecutive months. On November 7, 2023, the delivery of the 100,000th vehicle was completed.

  LI emphasized that the six-seat layout of Li ONE, Ideal L9 and Ideal L8 has unlocked more possibilities for the space of home SUVs. Ideal L7 with five flagship SUVs for families will attract more young families of three and prospective families to join the user family in LI.

  In addition, LI also said that LI’s extended-range electric solution, which was not optimistic at first, has become an energy form that more and more China families yearn for today. Extending the journey is to increase the mileage of happiness for your family. Up to now, Li ONE, which has the longest mileage, has traveled nearly 400,000 kilometers, and the ideal L9, which has the longest mileage, has traveled nearly 110,000 kilometers.

  In terms of intelligence, the data also shows that since 2023, Li Xiang has helped his family to effectively execute instructions for more than 1 billion times, and the successful wake-up rate has reached 98%.

  In terms of safety, in addition to the test items specified by C-NCAP and China Insurance Research Institute, LI’s self-developed ideal fortress safety body TM also includes 212 vehicle and subsystem verification, including more than 40 vehicle collision test items in all scenarios and working conditions. The safety of all models in LI has obtained the highest safety rating certification in many tests.

Image source: LI

  It is worth mentioning that LI has broken the pain point of slow delivery of new models in the automobile industry during the period of capacity climbing, and created the industry trend of "release means listing, listing means quantity, and quantity means high quality". With the intensification of competition in the domestic new energy vehicle market, the market share of head enterprises has been increasing. In the third quarter, the penetration rate of LI in the new energy vehicle market of more than 200,000 yuan reached 15.4%, up 4.5 percentage points from the first quarter.

Image source: LI

  LI is also constantly introducing new models. On November 17th, the opening day of Guangzhou Auto Show, the ideal flagship model MEGA officially opened the reservation, and the official price was locked in the range of 500,000-600,000 yuan. After opening the reservation for 1 hour and 42 minutes, the reservation volume exceeded 10,000 vehicles. The new car will be delivered in late February next year, and the listing price will be announced in December this year.

  Not long ago, LI released its financial report for the third quarter of 2023, with both quarterly delivery and financial data hitting record highs. In the third quarter, it delivered 105,108 vehicles, up 296.3% year-on-year. In the third quarter, it won the sales champion of SUV models with a price of over 300,000 yuan and new energy vehicles with a price of over 300,000 yuan. The strong market demand boosted the revenue growth, and the quarterly revenue was 34.68 billion yuan, a year-on-year increase of 271.2%. In the same period, the operating profit and net profit were 2.34 billion yuan and 2.81 billion yuan respectively, achieving four consecutive quarters of profit.

  (This article is from Gasgoo, Gasgoo)