Solving the problem of power battery recycling in the world

  With the rapid development of electric vehicles, a large number of power batteries began to retire. How to recycle these batteries to reduce environmental pollution has become an urgent problem facing all countries. At the same time, with the increasing shortage of raw materials such as metals needed to produce power batteries, many large automobile manufacturers and start-ups are also paying close attention to the layout, hoping that the recycling of power batteries can become an effective way to cope with the supply shortage, and all parties hope that related industries can accelerate their development.

  The capacity of power batteries has expanded rapidly.

  With the rapid growth of electric vehicle sales and the increasing pressure on automobile manufacturers to change from fuel vehicles to electric vehicles, many countries and regions around the world are accelerating the layout of power battery production capacity.

  At present, the United States is planning to convert most American-made cars into electric vehicles by 2030, and completely eliminate fuel vehicles by 2040. According to a report by the European environmental protection group Transport and Environment Organization, if the EU introduces stricter greenhouse gas emission regulation policies and provides sufficient support for the construction of charging piles, all new car sales in Europe will be converted into electric vehicles by 2035.

  According to the data of MarketsandMarkets, the demand for lithium batteries has increased rapidly in the past five years. In 2025, the related market size is expected to increase from 44.2 billion US dollars in 2020 to 94.4 billion US dollars, and the development of electric vehicles will be the main driving force.

  European governments are now stepping up efforts to support the development of power battery projects to ensure that they can still maintain their dominant position in the field of automobile manufacturing in the future. According to Agence France-Presse, according to the data of the Transportation and Environment Organization, Europe is currently planning to build 38 new super battery factories, with an annual production capacity of 1,000 GWh and an investment of 40 billion euros (about 48 billion US dollars). The planned production capacity will be realized from 2029 to 2030.

  Many large automobile manufacturers are also increasing their investment in power batteries. According to Agence France-Presse, Volkswagen has recently invested 2.3 billion euros in Swedish startup Northvolt, and plans to build five other power battery factories. The new automobile giant Stratis is currently building two power battery factories. Tesla, an American electric vehicle manufacturer, also plans to build a new power battery super factory in Berlin. It is estimated that the production capacity will reach 250 GWh before 2030.

  The supply of raw materials may be short.

  A large number of power battery factories will put forward higher requirements for the supply of raw materials such as metals, and automobile manufacturers must try their best to ensure the supply of raw materials necessary for the production of batteries. It is understood that power batteries account for most of the cost of electric vehicles, while major metals such as lithium, nickel and cobalt account for most of the cost of power batteries. The European Commission predicts that by 2030, the demand for lithium will increase by 18% and the demand for cobalt will increase fivefold.

  Considering the sharp increase in demand, some international organizations have been warning that related mineral raw materials will face shortages in the future. The International Energy Agency said recently that governments need to ensure the supply of key mineral raw materials needed for clean energy technology, otherwise they may face supply bottlenecks and damage the development of electric vehicles, wind power generation and other projects. According to the report of the International Energy Agency, clean energy requires many kinds of raw materials, from lithium, nickel, cobalt, manganese and graphite to rare earth elements for the production of electric vehicle engines and wind turbines, and each mineral raw material faces different problems. According to the International Energy Agency, in general, the demand for key mineral raw materials in the energy sector will increase sixfold before 2040, and the increasing global response to climate change is increasingly disproportionate to the supply of key mineral raw materials.

  The report of the International Energy Agency suggests that national policy makers should take actions to ensure the stable supply of key mineral raw materials and set long-term emission reduction targets. The agency also suggested that governments should promote the development of new technologies and invest more in recycling areas to alleviate the main supply pressure.

  The White House recently made it clear that we must work with our allies to ensure the supply of raw materials such as metals needed for the production of electric vehicles, and environmental protection and other factors should also be taken into account when dealing with them at home. According to Reuters, relevant measures include expanding investment in electric vehicle metal projects through the United States International Development Finance Corporation and taking new measures to support the supply from battery recycling. The Biden administration will also set up a working group to determine where minerals used in power batteries can be produced and processed. The US Department of Energy has been approved to invest $17 billion through the "Advanced Technology Vehicle Production Loan Project" to support related projects, which will focus on battery manufacturer financing, key mineral recovery and treatment. According to the report, ensuring the supply of raw materials for power batteries such as copper and lithium is one of the main obstacles that Biden’s huge electric vehicle development plan is currently encountering. At present, mining projects in the United States are facing extensive regulatory obstacles and environmental resistance.

  Maros Shevcovic, Vice President of the European Commission, said in March that Europe should strive to achieve strategic independence in the production of power batteries, hoping that Europe can achieve self-sufficiency by 2025. According to Agence France-Presse, a new generation of power battery technology is being developed in Europe, hoping to reduce the dependence on lithium-ion battery technology. In January this year, the European Commission has invested 2.9 billion euros to support related research and development. Europe also hopes to build a more environmentally friendly battery factory, and EU officials are currently formulating relevant standards to regulate the extraction of battery raw materials and how to recycle used batteries.

  However, Oliver Montick, an analyst at Fitch Consulting, believes that Europe may not establish a "complete closed-loop supply chain covering the extraction, refining, processing and production of most battery raw materials in Europe" until 2040. Montick said that although Germany and the Czech Republic have sustainable lithium metal reserves, the EU should still obtain supplies from reliable partners to ensure supply security.

  Battery recycling needs to be accelerated.

  Power battery is considered to be one of the key factors that determine the mileage and performance of electric vehicles. However, with the increase of service life, its performance will obviously decline, the required charging time will be extended and the mileage will be shortened. Some insiders said that the recommended service life of power batteries is generally 5 to 10 years. As a large number of electric vehicles have been put into use, the number of power batteries that need to be replaced will soar rapidly in the near future, and the demand for environmental protection and resource reuse will increase rapidly.

  Some experts said that some power batteries that can still be used can be used in other scenes with reduced requirements, such as energy storage systems (ESS). For power batteries that can’t be used any more, we can consider recycling them and reuse the resources such as metal elements. At present, the metals such as lithium, cobalt and nickel needed for mining and processing electric vehicles often need to span several continents, and the transportation distance often exceeds 2,000 kilometers. Therefore, recycling and utilizing the raw materials in waste batteries is a more efficient and sustainable way, which can effectively reduce the burden in the fields of mining new mines, mining and processing.

  Automobile and battery manufacturers and some start-ups have been exploring various ways to deal with waste power batteries, and some new industries and business models are taking shape.

  According to CNBC, Straubel, former CTO of Tesla, founded Redwood Materials Company in 2017, which focuses on the disposal of electronic waste, and its business includes recycling used batteries, and then providing raw materials extracted from them to automobile manufacturers and battery manufacturers. The company’s first recycling plant in Nevada, USA, has started operation, which can recycle 95% of nickel, cobalt, aluminum and graphite, and more than 80% of lithium in used batteries. Straubel said that in the face of the rapid growth of demand for power batteries, the current supply of raw materials will be difficult to meet the demand, and it is necessary to speed up the investment in "top areas of the food chain", such as the development and recycling of raw materials, and recycling is a very efficient way. On the issue of profitability, Straubel said that the company is still in the initial stage of development, and it still needs to consume a lot of capital to invest in equipment and technology, but in the long run, with the continuous improvement of technology and scale, the company’s business will achieve considerable profits.

  According to media reports, Ultium Cells, a joint venture between LG Energy Solutions and General Motors, will cooperate with Li-Cycle, a battery recycling company, to recycle batteries from this year. Li-Cycle said that its recycling technology can achieve 80% to 100% recycling of all materials in lithium-ion batteries.

  According to Yonhap News Agency, South Korean automaker Kia Motors and its battery supplier SK Innovation will jointly develop a power battery recycling project. It is reported that SK Innovation provides lithium-ion batteries for electric vehicles such as EV6 of Kia Motors. As early as March, 2020, the two companies have begun to cooperate in the utilization of waste power batteries, and said that they will cooperate in the treatment and reuse of waste power batteries through energy storage systems, or recycle the metals in waste power batteries, which will help reduce production costs. SK Innovation also said that in addition to the potential economic benefits, recycling waste power batteries can also reduce the number of buried waste batteries, thus reducing the pollution of soil and groundwater.

  The market related to raw material recycling in power batteries is expected to usher in rapid growth in the next few years. According to CNBC, data show that the global lithium recycling market will increase from $1.5 billion in 2019 to $18.1 billion in 2030.

  Some experts said that if the power battery recycling industry wants to accelerate its development, it needs closer cooperation between the electric vehicle industry and the government to help collect batteries with different models and performances, accelerate relevant scientific research projects, formulate relevant standards, simplify the recycling and utilization procedures of used batteries, and reverse the current situation of low recycling rate of used batteries at an early date.

  Some governments are also supporting related innovation activities in various forms. According to Yonhap News Agency, the South Korean government is now partially relaxing the supervision of used batteries by way of "supervision sandbox", so as to allow automobile manufacturers and battery manufacturers to use these batteries to innovate products, services, marketing and business models. The Ministry of Trade, Industry and Energy of Korea plans to invest 1.3 billion won (about 1.5 million US dollars) before 2024 to conduct experiments on the utilization of used batteries, such as renewable energy projects.

  Jin Shizhen, a researcher at the Korea Automobile Technology Association, said that with the accelerated popularization of electric vehicles, a large number of power batteries will be retired in South Korea from 2026, and by 2030, about 100,000 electric vehicles will need to be replaced. Jin Shiyi said that in order to accelerate the development of the battery recycling industry, it is necessary to speed up the establishment of standards such as waste battery collection, speed up the research and development of related processing technologies, and refine the requirements for battery quality and performance.

The pre-sale price is 90,000 yuan, and the Great Wall King Kong cannon is officially opened for pre-sale.

A few days ago, its brand-new model, King Kong Gun, officially opened for pre-sale, and the pre-sale price range of the new car was 90,000-120,000 yuan. The new car is positioned in a fashion business pickup truck, which looks more beautiful and fashionable on the whole, and continues to be equipped with a 2.0T gasoline engine and a 2.0T diesel engine.

In terms of appearance, the front face of the King Kong cannon adopts a blasting-launched honeycomb mesh, with rough chrome decoration around it, and the overall design is very domineering. The matrix headlights on both sides are also integrated with the China Net, and the super-large design looks very harmonious, which makes the front face of the whole vehicle highly recognizable.

On the side, the waistline design of King Kong Gun looks very sharp, and the unique design makes it look more three-dimensional. In addition, the wheel hub design is also very cool. The two-color wheel hub with internal color-changing calipers has a strong sense of movement visually, just like a sports pickup truck. As for the rear part, the new car adopts U-shaped double magnetic stereo taillights, and the protruding double U-shaped taillights are matched with penetrating lines, which is more stereoscopic and more integrated.

In terms of power, the new car will continue to provide two kinds of power: a 2.0T gasoline engine and a 2.0T diesel engine. Among them, the maximum power of the 2.0T gasoline engine is 145kW and the maximum speed is 170 km/h; The maximum power of 2.0T diesel engine is 122kW and the maximum speed is 160km/h.. In addition, the company will also provide two-wheel drive and four-wheel drive, as well as three container forms: standard container, long container and flat-bottomed container, so as to meet the diverse needs of users.

Chery TIGGO tiggo tiggo 9 goes global.

On May 31st, the global launch conference of Chery TIGGO Tiggo 9 was held in Beijing, and five models were launched, including the leading version, the deluxe version, the distinguished version, the ultimate version and the flagship version, with an official guide price of 152,900-203,900 yuan.

Tiggo 9 is the first model built by Chery Automobile based on the Mars architecture-super hybrid platform, which integrates the most advanced product technology and configuration points of the Tiggo family. Its launch is an important node for Chery to start a new global journey in the new era.

Since the listing of the first generation of Chery Tiggo, it has always reflected the development and evolution of domestic automobile brands and is a witness to the rise of domestic brands. The brand-new Tiggo 9 listed this time will bring users a higher quality and higher value life experience through the global upgrade with the strength of "9 leapfrog comforts +3 flagship qualities".

As one of the earliest global car companies in China, Chery Automobile has been the export champion of China passenger car brand for 20 consecutive years, and has become the "China business card" loved by users in more than 80 countries and regions around the world. As the pioneer and forerunner of self-owned brand SUV, the Tiggo series has achieved the brilliant achievement of "300W+ global users" since its birth 18 years ago.

Wuhu Daily reporter Zhao Dandan

The "battery shortage" struck, and the CEO of the car company personally defended the "grab" goods.

CCTV News:In recent years, with the deepening of the concept of green development, the competition around the new energy industry is also intensifying, as the heart of new energy vehicles — — The importance of power battery is self-evident. Just recently, the share price of Contemporary Amperex Technology Co., Limited, a power battery company, has been rising continuously, with a total market value exceeding 1.3 trillion yuan in one fell swoop. Behind the enthusiastic performance of the capital market, the problem of "battery shortage" in the new energy automobile industry is highlighted.

Not long ago, the media reported that He Xiaopeng, CEO of Xpeng Motors, personally stayed in Contemporary Amperex Technology Co., Limited for a week in order to get the battery from Contemporary Amperex Technology Co., Limited. Zeng Yuqun, the chairman of Contemporary Amperex Technology Co., Limited, said at the recent shareholders’ meeting that he couldn’t stand the recent urging of customers. Behind this, a "battery shortage" is quietly coming.

Demand exceeds supply, and major power battery manufacturers are operating at full capacity.

In order to meet the needs of car companies, major power battery companies have also started their horsepower. Ganfeng Lithium Industry is a lithium battery manufacturer in Xinyu City, Jiangxi Province, supplying many new energy vehicles such as Tesla Model3 and BYD Han.

Huang Jingping, Director of Quality Department of Yifeng Lithium Battery Factory:Since the beginning of the year, we have basically not stopped production. In a month, we are basically producing at full capacity for 28 days.

Ensure that battery supply car companies are "holding their thighs"

Faced with the shortage of batteries, car companies dare not neglect, and hold the "thighs" of power battery manufacturers in advance. In early June this year, Great Wall Motor signed a ten-year strategic cooperation framework agreement with Contemporary Amperex Technology Co., Limited for power batteries.

Head of Great Wall Motor Investor Hotline:The shortage of battery supply is a common problem facing the industry at present, and we should also make the layout in advance. The main thing is to ensure a battery supply from Contemporary Amperex Technology Co., Limited to the Great Wall.

Tesla CEO Musk has repeatedly expressed his concern about the shortage of battery supply, bluntly saying how much the supplier gives and how much Tesla will buy.

Elon &bull, CEO of Tesla; Musk:The supply of power batteries is more or less, which restricts the development of new energy automobile industry at present. Tesla has made it clear to major battery suppliers that we will do our best to purchase the batteries produced by Contemporary Amperex Technology Co., Limited, Panasonic and LG Chem.

On the evening of June 28th, Contemporary Amperex Technology Co., Limited announced that the company had signed an agreement with Tesla to supply lithium-ion power battery products to Tesla in the next four years.

Zhang Xiang, a researcher at north china university of technology Automotive Industry Innovation Research Center:The phenomenon of battery shortage has always existed in the industry. Car companies such as Volkswagen and Audi have also been forced to suspend the production of some models because of lack of batteries. For the development of global new energy automobile industry, the problem of battery supply is like a "sword of Damocles" hanging over the head.

SNEResearch, a global emerging energy market research organization, predicts that by 2023, the global demand for power batteries for electric vehicles will reach 406 GWH, while the supply of power batteries is expected to be 335 GWH, with a gap of about 18%. By 2025, this gap will expand to about 40%.

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.

"Travel+"is an important step in the 2.0 era, and the Czech traveler C-DM is here.

On November 17th, the 21st Guangzhou International Automobile Exhibition was grandly opened. Jietu Automobile and traveler C-DM made a heavy appearance at Guangzhou Auto Show, and it is expected to be listed in the first quarter of 2024, opening a new energy moment for off-road travel!

Jietu Voyager C-DM is another masterpiece of Jietu to deepen the "travel" market segment, expand travel scenes and build travel car products. On the basis of continuing the off-road advantages of travelers in beauty, pleasure, city and wilderness, the power system composed of 1.5T hybrid special engine and three-speed super electric hybrid is rejuvenated to create advantages of high energy saving, high performance, high safety and high intelligence, which will fully meet users’ new energy travel needs.

High energy saving, high performance, mixed blessing to enjoy all-weather comfortable life.

With many advantages of new energy, Jietu traveler C-DM empowers new cross-country experience. It is equipped with one of the most advanced hybrid systems in the world-Chery Kunpeng Super Hybrid C-DM. This system won the "China Heart" Top Ten Engines and Hybrid Systems in 2023, which embodies Chery’s technical accumulation for many years and has two advantages: high efficiency and low energy consumption.

Three-speed super electric hybrid is the most advanced and dynamic hybrid gearbox at present. Its dual-motor drive +3-speed DHT has both performance and comfort, bringing a silky driving experience. With the blessing of the hybrid system, Jietu traveler C-DM can provide abundant explosive power whether in outdoor travel or daily commuting.

While achieving high performance, Jietu Traveler C-DM is also ahead of its peers in core indicators such as cruising range and energy consumption that users care about. It is equipped with a 43.2kW battery pack, with a pure battery life of 200km+ and a comprehensive cruising range of 1000km+. The dual energy form of oil and electricity can eliminate potential mileage and charging anxiety, at the same time, it can significantly reduce the cost of car use and spend more budget on experiencing a beautiful trip.

With sufficient battery power, the "mobile camping room" where the vehicle avatar can move at any time can also maintain power supply when parking and staying, and the air conditioner can operate independently when the engine is not started, so as to enjoy the best temperature all day, and at the same time, it is not afraid of engine loss, making it an excellent companion for camping.

High security, high intelligence, to create a safe fortress that can be used in cities and wild areas.

As a travel SUV to cross mountains and seas, safety is undoubtedly one of the core performances, among which battery safety is the most important. Jietu Voyager C-DM adopts Contemporary Amperex Technology Co., Limited brand batteries to achieve world-class battery safety, and protects against collisions and wading that may occur during driving, and is additionally equipped with multi-layer protection measures such as charging protection and high voltage protection, which can effectively prevent short circuit, overcharge and overdischarge of batteries. The chassis is protected by battery compartment, so it is safe to travel anywhere.

On the basis of ensuring battery safety, Jetway Traveler C-DM continues the ultra-high body lightness of the station wagon. Its body strength has reached submarine level, its torsional stiffness is 31000Nm/deg, and its deformation is less when it is hit. Structurally, the new car adopts steel cage body structure, with high-strength steel accounting for 80%, and adopts integrated laser tailor welding, which can effectively disperse the impact pressure to the whole body.

An interesting and easy-to-use car system during the trip will enhance a lot of fun. The 15.6-inch central control giant screen in the car is comparable to the "game book", which is more accurate in operation and has a better look and feel, and has an excellent display texture. Matching it is Qualcomm Snapdragon 8155 chip, which can run a variety of car software smoothly, alleviating the boredom during the journey.

Sitting in a comfortable seat, you can also enjoy the music-level surround cockpit, 12-channel SONY top audio configuration and 360 stereo surround sound, which can bring an immersive audio-visual feast. Of course, users don’t have to worry about the health problems in the car at all. Jietu Traveler C-DM selects 100+ kinds of environmental protection materials, and there is no odor in the new car state. Through CN95 high-efficiency filter element, negative ion fresh air system and demagnetization technology, the five-star healthy cockpit experience is realized, and the effect of relaxation is achieved.

As the vanguard of Jietu’s new energy transformation, an important laggard in the "Travel+"2.0 era, and another new member of the traveler’s car system, the arrival of Jietu Traveler C-DM further improves the layout of Jietu brand’s new energy products, redefines travel products with the superposition advantages of new energy and intelligence, and helps every "traveler" to cross the mountains and reach poetry and far away!

Equation Leopard Car: Leopard 5 is expected to be launched in November, and the price information circulating on the Internet is not true.

On October 12th, BYD’s Equation Leopard Automobile issued a message through the official Weibo yesterday evening, replying to some users’ recent "most concerned" questions about the first model Leopard 5.

According to the official, Leopard 5 benefits from the space utilization rate of DMO super hybrid off-road platform, and the rear seat space and head space "far exceed the same level products", which supports the rear seat to be put down.We have developed suitable mattresses and airbags, the maximum length of which can exceed 1.9 meters and the width is close to 1.4 meters, which can lie down for two people..

Regarding the delivery of new cars, the official response said that the first batch of stores in China opened for trial operation at the end of October.Leopard 5 real cars will also arrive in the store one after another, and the first batch of exhibition cars will be the Feiyun version.. The new car is expected to be officially launched in November, and the orders are arranged in order. However, in terms of selling price, Equation Leopard only responded that "the official selling price has not been released".None of the information circulated on the Internet is true, and the official selling price will be announced at the time of listing..

In terms of configuration, Leopard 5 will launch three versions: Exploratory Edition, Pilot Edition and Yunqi Ultimate Edition. Different versions will "have a certain degree of functions and experience focusing on configuration to better meet the diverse needs of different consumers".

IT House previously reported that the first production car of Equation Leopard 5 was officially launched on September 28th. According to the officially released configuration information, the new car will launch three models: the exploration version, the pilot version and the Yunqi flagship version, with the length, width and height of 4890 (including the spare tire) *1970*1920mm and the wheelbase of 2800 mm.

In terms of power, Leopard 5 is equipped with BYD’s new hybrid platform DMO and Yunqi -p intelligent body control system. It uses 1.5T+dual motor power, as well as a classic off-road combination of three locks, and it is also a vertical engine.

Relying on the DMO platform, the comprehensive maximum output of this model can reach 505 kW, the peak torque is 760N?m, the zero acceleration time is 4.8s, and the CLTC battery life is 125 km.

Related reading:

The first production car of BYD Equation Leopard "Leopard 5" is officially off the assembly line: three models will be launched and expected to be delivered within this year.

Guangzhou Automobile released all-solid-state battery and no-map pure visual intelligent driving system

Business News (Reporter Guo Yuxi) Recently, 2024 Guangzhou Automobile Science and Technology Day was held in Guangzhou Automobile Research Institute. On Science and Technology Day, GAC officially launched the industry-leading all-solid-state power battery. It adopts the solid-state anode technology with high surface capacity and the third generation sponge silicon negative plate technology, and the all-solid-state anode can reach a high surface capacity of more than 5mAh/cm2, thus achieving an energy density of more than 400Wh/kg. Compared with the most advanced liquid lithium-ion battery at present, its volume energy density and mass energy density are increased by more than 50%, and the cruising range of the whole vehicle can exceed 1000km.

Guangzhou Automobile No Map Pure Vision Intelligent Driving System was launched simultaneously. Compared with the current mainstream technology route, it not only does not need high-precision maps, but also does not rely on lidar. Instead, it combines visual sensors and industry-leading AI algorithms to perceive the world like a human being, and can achieve a wider coverage with a simpler hardware system. Intelligent driving brings users a richer, more free and full-scene driving experience. Both technologies are planned to be loaded in 2026.

Aauto Quicker’s listing in Hong Kong ignites a new economic boom.

  Xinhua News Agency, Hongkong, February 5th (Reporter Wang Xi) "Bang!" With the sound of the online "gong gong", Aauto Quicker Science and Technology officially landed on the Hong Kong Stock Exchange on the 5th. Aauto Quicker Science and Technology, with the stock code of 1024, offered an opening price of HK$ 338.

  When the epidemic in COVID-19 pressed the "pause button" for economic life, short videos and live broadcasts went against the wind.

  Affected by industry dividends, Aauto Quicker has developed rapidly in recent years, becoming one of the social platforms widely used in the Mainland, with an average daily active users of applications and applets exceeding 300 million.

  According to the prospectus, the share price of Aauto Quicker Technology ranges from HK$ 105 to HK$ 115, and the number of shares for initial public offering worldwide is 365,218,600. Within a few days of the public offering, the part of the sale has been oversubscribed by more than a thousand times, and the market frozen capital has exceeded one trillion yuan.

  "Aauto Quicker is the first global listing of a large short video social platform. For investors, this innovative enterprise in the mainland is in a period of high growth, which is very attractive. Coupled with the lack of scarcity of similar companies, it has aroused great enthusiasm from investors. " Yang Yuchuan, a visiting professor in hong kong financial services institute, said.

  Not only large institutions are concerned, but also many retail investors are fond of Aauto Quicker.

  Liu Hui, a Hong Kong citizen, also made a "new" Aauto Quicker in the IPO. She said: "There are many people in the Mainland who use short videos now. I believe that advertising revenue and cargo revenue will increase greatly, and there will be a lot of room for online economy development after the epidemic. I am very optimistic."

  As a typical representative of the new economy, Aauto Quicker’s main product is short video, a popular mobile phone application in mainland China in recent years. Earlier, iResearch predicted that the short video market revenue in the Mainland would reach 211 billion yuan in 2020.

  Liao qun, chief economist of China CITIC Bank (International), said that Aauto Quicker was only one of the listed companies in, and the reason why he was so popular was that investors were optimistic about China’s economy and the development of emerging industries in China.

  "North water flows south, and China Stock Exchange returns, which not only promotes the prosperity and stability of Hong Kong’s stock market, but also prompts Hong Kong to transform into a new economy." Liao qun said.

Release of M9 official map: The design was inspired by Kun Peng and equipped with Huawei’s advanced intelligent driving system.

According to the latest news, AITO, a brand owned by Huawei, will officially release the flagship SUV M9 at the end of this year. Today, the official map of the car was released, and its design concept was explained in detail.

The design inspiration of the M9 in Wen Jie comes from Kun Peng, a god beast in Zhuangzi’s Happy Wandering. It adopts a brand-new family design language and is called "Kun Peng spreads its wings". The design adopts a highly integrated ALL IN ONE design method, and the front face modeling integrates the functions of daytime running lights, far and near headlights, intelligent interactive lights and air intake ducts into the same element. The overall appearance takes the horizontal line as the visual center of gravity, extending a semi-open outline, creating a visual tension like Kunpeng spreading its wings. The integrated spoiler tail complements the design of penetrating taillights and headlights, making the overall appearance more harmonious and unified.

The design idea of the M9 is different from that of most new power vehicles. It abandons the common design of "squint+split light group" and adopts an integrated design. This unique design style may make people feel a little uncomfortable. Similar design ideas are adopted in the whole series of vehicles, which is in sharp contrast with the similar schemes of other new power vehicles. This car is considered as a heavyweight product of Huawei this year. It is equipped with Huawei ADS advanced intelligent driving system and will adopt HarmonyOS 4.0 intelligent cockpit. Internal innovation and highlights are very prominent. All models are equipped with air suspension and CDC electromagnetic damping system as standard.

According to the application information, the size of the M9 is 5230/1999/1800mm, and the wheelbase is 3110mm, so it is located in a large SUV. The models are divided into extended range version and pure electric version, both equipped with front and rear dual motors, and the maximum power of the system is 365 kW (496 HP).

In terms of battery, the extended-range model uses Contemporary Amperex Technology Co., Limited’s 40-degree battery, with a pure electric cruising range of 175 kilometers; The pure electric version uses 4C Kirin battery from Contemporary Amperex Technology Co., Limited, with a capacity of 97 degrees and a cruising range of 630 kilometers, and supports 800V ultra-fast charging technology.