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Net profit plummeted by 89%, and the Great Wall was trapped in new energy.

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Transfer from: Guanwang Finance

Text | Zhang Jiadong Editor | Zhang Guangkai

On April 21,Officially released the financial report for the first quarter of 2023.

According to the financial report data, the total operating income of Great Wall Motor in the quarter totaled 29.038 billion yuan, down 13.63% year-on-year; The net profit attributable to shareholders of listed companies totaled 174 million yuan, a year-on-year decrease of 89.34%.

Great Wall First Quarter Financial Report Source: Screenshot of Great Wall Financial Report

Great Wall Motor said in the financial report that the decline in profit was mainly due to the fact that it was still in the period of product structure adjustment during the reporting period and increased investment in new energy brand building and R&D under the rhythm of new product listing in 2023.

If the timeline is extended to the fourth quarter of last year, it is not difficult to find the bottleneck of the Great Wall-the new energy transformation problem. Although Euler, a pure electric brand, and Wei brand, which was revived after getting on the car with lemon hybrid technology last year, new energy vehicles are still a minority in the product system under the five brands of the Great Wall.

First of all, last year, due to the supply chain problems in the Euler brand, white cats and black cats in the entry-level market were streamlined, while good cats and ballet cats, which mainly focus on the boutique car market, could not bear more sales burdens in price positioning; Secondly, trying to inject Wei brand with three-speed DHT hybrid technology is limited by high price positioning and is still looking for its own breaking point.

Therefore, with the changing trend of China’s fuel vehicle market and new energy market, the Great Wall, which has fewer electric vehicles, finally faces the pressure of sales.

In the first quarter of this year, the total sales volume of Great Wall Motor was about 220,000 vehicles, a year-on-year decrease of 22.41%, creating the biggest decline of Great Wall in the market in recent years.

It is believed that the main reason for the decline in sales of Great Wall Motor is that the transformation of the main brand Haval is difficult to reverse the image of "national fuel SUV" in a short period of time, and Haval has failed to sell fuel vehicles and new energy products separately.

In addition, Wei Pai and Euler, who focus on the new energy market, can’t bear the heavy responsibility of the group’s more new energy sales growth under the original market positioning.

However, judging from the external reaction, the capital market has not responded strongly to the decline in profits of Great Wall Motor. As of the close of April 24, Great Wall Motor’s share price closed at 27.94 yuan, with an increase of 2.08% on that day.

The reason may stem from a series of reform measures that the Great Wall started from last year.

Transformation new energy

It is the same as the change from the inside out when the new forces move from ignorance to precipitation. Traditional car companies want to embrace new energy quickly, and the reform of organizational structure is also destined to go first.

Last year, Li Ruifeng, CGO (Chief Growth Officer) of Great Wall Motor, said in an interview: "There are too many categories of brands in Great Wall, and it was planned to incubate new brands. Now the market competition is so fierce that the original situation of entering a blue ocean market with brands can avoid competition, and now this market no longer exists."

To this end, Great Wall chose the corporate brand focusing on "One Great Wall".

In December last year, Great Wall first announced the integration of its vehicle brand marketing system, and adopted a dual-brand operation model for Wei brand and tank.

In March of this year, Euler and Salon brands also completed the integration immediately. In this way, a set of channels, 1.5 sets of organizations and 2 brands are formed.

Great Wall said that after the integration of the existing brands, the group will form a brand-new organization focusing on pure electricity, and at the same time, it will have a clearer positioning for each brand.

Before the Shanghai Auto Show, the Great Wall had initially completed the integration of the organizational structure, and in terms of brand positioning, the Great Wall chose to use technology to create a label.

In the first quarter of 2023, the R&D expenditure of Great Wall Motor was 1.534 billion yuan, an increase of 210 million yuan compared with 1.324 billion yuan in the fourth quarter of 2022. In addition, Great Wall Motor’s marketing expenses also increased by 403 million yuan.

In addition to the continuous improvement and boarding of technical platforms such as lemon mixing and coffee intelligence that have already landed before, Great Wall once again launched Hi4 intelligent four-wheel drive electric hybrid technology with Haval brand this year, expecting to bring personalized brand labels in the wave of new energy transformation.

These technological achievements have also been presented one by one at this year’s Shanghai Auto Show. During the two-day media day, the five brands of Great Wall, namely Haval, Weipai, Euler, Tank and Great Wall Gun, launched more than 15 intelligent new energy vehicles.

Among them, Haval Xiaolong MAX, the first model of the brand-new "Dragon Net" of Haval brand, was officially unveiled, and the vehicle was equipped with new Hi4 technology, focusing on the four-wheel drive "equal rights" in the era of intelligent electrification.

With the help of the blue mountain model, Wei Pai has created a high-end home positioning with the design of mixed DHT, space and comfort configuration. The MPV model Gaoshan, which appeared at the same venue, is also strengthening the product direction of Wei Pai since then.

Tanks and Great Wall Gun brands are respectively connected to the brand-new off-road hybrid architecture Hi4-T, thus further strengthening their advantages in market segments.

By focusing on the "women’s market" and reducing the price of new good cats and ballet cats, the Euler brand will enhance the competitiveness of their respective models in the market.

CITIC Securities said that the brand reorganization and team change of Great Wall Motor can concentrate superior resources and enhance the operational capability of enterprises.

In addition, the Haval brand officially announced in March that it would establish a brand-new and independent sales network for its new energy vehicles, and the new network was named Haval Dragon Network. Haval Xiaolong, which was unveiled at this auto show, is the first model of Longwang.

From the internal structure, to the blowout of new energy products, and then to the independent sub-network of new energy vehicles. The Great Wall’s series of actions since this year are undoubtedly showing its strong will to accelerate the transformation of electrification.

Pursue long-term?

At the recent press conferences of its brands, the Great Wall Association repeatedly mentioned a number "32 years", which is the historical accumulation of Great Wall Motor, and Great Wall also hopes to express its strategic strength and long-term thinking.

At this year’s Shanghai Auto Show, an insider of Great Wall Motor also expressed this view to the author.

He believes: "In the short term, the profit decline of Great Wall is certain. In addition to fully promoting the transformation of new energy, the five brands under Great Wall have also taken the initiative to take differentiated measures such as price protection and promotion, but both in technology accumulation and brand building, Great Wall has maintained a positive attitude towards the future."

On the whole, since the beginning of this year’s "price war", Haval H6 has a cash discount of 15,000 yuan; In 2023, the good cat offered a discount of 22,000 yuan, and the tank announced the annual insurance policy. A series of profit-making policies also showed the great wall’s vision of going all out to new energy sources on the premise of keeping the basic disk of fuel vehicles.

However, it should be pointed out that the sales pressure placed in front of the Great Wall has not been reduced.

After the integration of brand resources, Great Wall Motor also adjusted its sales target in 2023: the annual sales target was reduced to 1.6 million vehicles, the penetration rate of new energy vehicles was challenged by 40%, the overseas sales target was 250,000 vehicles, and the expected net profit was 6 billion yuan.

Now that the first quarter has passed, the target completion rate of Great Wall Motor is still far less than 1/4 of the adjusted target. In other words, after all the new products exhibited at the auto show went to the market, the challenges faced by Great Wall Motor have just begun.

From the objective environment, the transformation of the Great Wall has no first-Mover advantage in the current market. whenWhen the new forces have laid a brand-new marketing network into the streets, they have just decided how long it will take for the Great Wall to make up for the lessons left in the direct sales outlets, and it will still take time to observe.

At the same time, for the electrification transformation of the industry, the Great Wall is not only betting on the hybrid field, but also the full-field layout of pure electricity and hydrogen energy in parallel, which is obviously the long-term consideration of the Great Wall for new energy technologies.

However, from the current market environment and revenue pressure, how to make up for the profitability in the short and medium term by using the existing technology is also a problem that Great Wall needs to think about and solve as soon as possible.

Qin L： The ＂Little Byd Han＂ with a price of 120,000 yuan？

As you can see, BYD Qin L is here, and the Beijing Auto Show will be unveiled soon.

Qin L, born in a brand-new plug-in platform, is equipped with BYD’s latest plug-in technology. This is the eldest brother of Qin PLUS, and its size is also the size of a B-class car. Its length, width and height are 4830, 1900 and 1495mm respectively, and its wheelbase is 2790mm, just to attack Magotan, Passat, Camry and Accord.

How much do you think is appropriate for this family car for young families?

TIGGO Tiggo 9 was shortlisted for the ＂China Automobile Fengyun Festival＂ and the sword refers to the annual SUV throne.

　　On January 5th, the release ceremony of the 4th "China Automobile Fengyun Festival" sponsored by the Central Radio and Television General Station was held in Yancheng, Jiangsu. In the competition of many popular models and cutting-edge technologies, Chery Kunpeng Super Hybrid C-DM and Tiggo 9 stood out and successfully entered this selection. Kunpeng Super Hybrid C-DM was shortlisted for the special prize of the jury with world-class hybrid technology, while Tiggo 9, the "super comfortable flagship SUV with magnetic levitation", was shortlisted for the model selection with its comfortable configuration and flagship quality.

　　At the beginning of the new year, the fourth "China Automobile Fengyun Festival" selection kicked off, and Chery Automobile’s "super comfortable flagship SUV with magnetic levitation" Tiggo Tiggo 9 was successfully selected. The festival has been successfully held for three times, dedicated to creating the most authoritative "China Auto Oscar". Tiggo 9 successfully entered the finals with its green car-making concept, excellent vehicle strength and excellent market feedback. This fully proves that the healthy and comfortable concept of Tiggo 9 meets the current travel needs, leads the travel trend, and is deeply recognized by the market and industry authority.

TIGGO Tiggo 9 was shortlisted for the "China Automobile Fengyun Festival". Sword refers to the annual SUV throne _fororder_image001.

　　Tiggo 9 practices the concept of environmental protection and empowers people to travel healthily.

　　The theme of the 4th China Automobile Festival is "Health". The theme keeps pace with the times and strongly echoes the current "healthy travel concept". Nowadays, people pay more attention to health and health preservation, which has a higher health demand for travel cars. Green travel is not only to encourage public transportation, but also to be green and low-carbon. The driving environment of private cars also needs to be green and healthy, so that drivers and passengers can travel comfortably. Tiggo 9 will carry out green, environmental protection and health to the end with its outstanding technical background.

TIGGO Tiggo 9 was shortlisted for the "China Automobile Fengyun Festival". Sword refers to the annual SUV throne _fororder_image002.

　　Tiggo 9 is based on the super hybrid platform of Mars architecture, and uses a large number of high-strength steel, aluminum alloy and polymer materials, which reduces the quality of the whole vehicle, gives consideration to safety, improves the performance of the whole vehicle, and realizes energy saving and environmental protection. It is equipped with high-performance engine and advanced gearbox system, which makes acceleration, stable handling, fuel saving and loss reduction, which not only ensures the economy of car cost, but also brings more comfortable driving experience to users. Tiggo 9 can be called "a good partner for family travel and a pioneer in environmental protection".

TIGGO Tiggo 9 was shortlisted for the "China Automobile Fengyun Festival". Sword refers to the annual SUV throne _fororder_image003

　　The advent of Tiggo 9 not only sets a new benchmark for energy conservation and environmental protection, but also leads the new trend of green cockpit. Relying on the profound technical knowledge of Chery Automobile, Tiggo 9 specially created a "C-PURE Chery Clean Cube Green Cockpit" for the majority of users. What is most worth mentioning is that the owner can automatically purify the air inside the car before and after locking the car, so that the cockpit can always be kept in a pure state, and the freshness is always online. The green cockpit of Tiggo 9 can also monitor the value of PM2.5 to ensure the freshness of the air inside the car. Even in smog and other weather, the breathing experience of drivers and passengers in the car is still very healthy and transparent. Nowadays, self-driving long-distance travel is hot, and the green cockpit of Tiggo 9 can easily cope with different weather during the journey, regardless of how the air temperature outside the car changes, and the one inside the car is pure and motionless. Especially for parent-child families, the green cockpit of Tiggo 9 is the guardian of children’s respiratory health. Whether it is for individuals or families, the green cockpit of Tiggo 9 will escort your "breathing and breathing" and "I am at ease" all the way.

　　Tiggo 9 is the first choice for the 200,000-class SUV, which is a comfortable big coffee.

　　Tiggo 9 not only empowers green health, but also provides users with a multi-dimensional comfortable experience. But when it comes to comfort, it must be inseparable from a spacious and comfortable space. Tiggo 9, on the other hand, has a super-long body of 4820mm and a super-long wheelbase of 2820mm, and "double super-length" creates a comfortable space at the same level, bringing an outstanding sense of body extension. The zero-gravity extrasensory co-driver and the second row of leapfrog care are more suitable for the human body curve, which makes the user’s car experience a pleasure.

TIGGO Tiggo 9 was shortlisted for the "China Automobile Fengyun Festival". Sword refers to the annual SUV throne _fororder_image004.

　　Excellent riding space is only the basic operation, and users must feel comfortable in all directions every time they travel. Tiggo 9 is equipped with 3 independent blowers and 27 air outlets, creating a 540 stereo surround air conditioning system. On the premise of the same air volume setting, the air volume is distributed more evenly through the multiple air outlets, which avoids the occurrence of local supercooling or overheating, so that drivers and passengers can avoid direct blowing and enjoy the softness of the waves like a breeze. More user-friendly, users can adjust the wind direction by "zigzag" 360 to create a personalized temperature zone to meet individual temperature requirements. No matter whether it is cold or hot outside, the car is comfortable. The user is in the cockpit, always "constant temperature, constant humidity and constant oxygen", which brings super-comfortable feeling like being in spring.

　　The reason why Tiggo 9 has the same level of driving comfort is inseparable from the "technical killer" — — CDC "magnetic suspension". It can realize electronic adjustment, provide more comfortable and sensitive suspension ability, and make the whole suspension system have higher toughness and stiffness. For drivers and passengers, they will never feel the feeling of taking a boat brought by the bumpy road again, but will only walk on the ground. The suspension configuration of Tiggo 9 is extremely rare in its class, which reflects the ingenuity of Tiggo 9 in creating a "comfortable flagship SUV".

TIGGO Tiggo 9 was shortlisted for the "China Automobile Fengyun Festival". Sword refers to the annual SUV throne _fororder_image005.

　　Tiggo 9 is proud of its peers with "9 Great Leap-over Comfort", and has many comfortable experiences, making it a comfortable big coffee. Chery Automobile has always practiced healthy and green travel, comfortable travel with science and technology, and created a travel value that is more in line with industrial development and meets the needs of users. The coming out of the Tiggo 9 is a great contribution of Chery Automobile to the China automobile market in 2023, and the industry and market are also full of recognition for the arrival of this car. This time, Tiggo 9 was shortlisted for the 4th China Automobile Fengyun Festival, which is well deserved. Let’s expect Tiggo 9 to win more honors in China Automobile Fengyun Festival. In 2024, Tiggo 9 will continue on its own road of struggle, with "Rui" meaning enterprising and "Tiger" thriving! (Source: Chery Tiggo)

The pillar of the Tiggo 8 family？ The new 8 PRO went on sale on May 18th.

A few days ago, according to Chery Automobile official website, the new Tiggo 8 PRO will be officially launched on May 18th. As the star car of Chery brand, Tiggo 8 has launched classic models such as Tiggo 8 and Tiggo 8 PLUS. This time, the new 8 PRO is very different from the first two cars in appearance. The new car focuses on the young user market and is fashionable and sporty. As for the new Tiggo 8 PRO, what highlights will it bring us? Let’s go and have a look with the car brother.

From the appearance alone, we can see that Tiggo 8 PRO has nothing to do with Tiggo 8 and Tiggo 8 PLUS. The new car uses the brand-new design language of the family. The front face is designed with borderless lattice air intake grille, and the top is equipped with silver decorative strips to connect Chery logo and sharp and narrow LED headlights on both sides. Compared with the other two models in the same series, the simple design of the new car looks more exquisite and fashionable.

On the side, the waistline of the new car continues to the tail, plus the design of the suspended model, the wrapping of the side skirts of the side windows, and the large-size multi-frame wheels. You should know that the length, width and height of the new car are 4745/1860/1745mm and the wheelbase is 2710mm, so the body size will be more advantageous. The tail design of the Tiggo 8 PRO is rounder and fuller, the penetrating taillights echo the front face, and the rear enclosure is also equipped with exaggerated spoiler and bilateral double exhaust layout. The integration of these elements enhances the recognition of the whole vehicle and adds a lot of sports atmosphere to the new car.

As for the interior, as the latest product of the car series, the new car is equipped with a 24.6-inch surround screen, plus a three-piece multi-function, through-type air conditioning outlet, two-color layout, etc., and the whole car adopts a minimalist design with both economy and practicality. In terms of power, the Tiggo 8 PRO will launch 1.6T and 2.0T turbocharged engines, and the transmission part will match the 7-speed dual-clutch gearbox. The maximum power and torque of the 1.6T engine are 145kW and 290N·m respectively. The maximum power of 2.0T engine is 187kW and 390 N m.. It is worth mentioning that in the future, Tiggo 8 PRO will also launch a model of Kunpeng DHT hybrid system.

Summary:

I have to say that as a new member of the family, Tiggo 8 PRO has improved its appearance and interior power in all aspects. Can it become the new pillar of this series? Look forward to it together. After the new car goes on the market, it will be benchmarked against Changan CS75 PLUS in the automobile market at the same level, while the pre-sale of the previously exposed new car will be 131,800-169,900, and the price is slightly higher than that of the benchmarked model. I wonder what you think of the car’s cost performance? Which model do you prefer to choose among the Tiggo 8 cars? Leave a message in the comment area and tell your brother who is playing with cars.

Editor: Eleven

New energy used cars have a low value of 140,000. After buying for two years, 35,000 is not wanted.

　　Zhongxin Jingwei Client, September 13th (Fu Yumei) Recently, China Automobile Finance and Hedge Rate Research Committee released "2019 China Automobile Hedge Rate Report" (hereinafter referred to as "Report"), which showed that the average hedging rate of mainstream new energy vehicles in the past three years was only 32.31%, much lower than that of traditional fuel vehicles. Judging from the one-year preservation rate of pure electric vehicles, except for Tesla, which is over 60%, the preservation rates of other models are generally low.

　　This data has attracted the concern of some new energy owners: a new energy vehicle with a starting time of more than 100,000 yuan is only worth tens of thousands of yuan a year? The current situation of low hedging rate has once again attracted the attention of the new energy used car market inside and outside the industry.

　　In the slogan of a second-hand trading market in Beijing, Xin Jingwei Fu Yumei took a photo.

　　Low hedging rate leads to the obstruction of profit space.

　　The Report takes the cruising range of 300 kilometers as the dividing line, and counts the ranking of the preservation rate of one-year-old pure electric vehicles with cruising range less than 300 kilometers and more than 300 kilometers respectively.

　　According to the "Report", among the top ten pure electric vehicles with a maximum cruising range of not less than 300 kilometers and a one-year-old car, Tesla MODEL X and MODEL S rank in the top two, with preservation rates of 68.09% and 64.75% respectively; Weilai ES8 ranked third with a hedging rate of 47.89%. Geely Emgrand sedan and Chang ‘an Yidong New Energy ranked the last two, with the preservation rates of 38.03% and 36.82 respectively.

　　Among the top ten pure electric vehicles with a cruising range of less than 300 kilometers and a one-year-old car, BMW i3 ranks first with a value-preserving rate of 46.55%. Beiqi New Energy EU260 maintains a value of 30.91%, ranking second; The preservation rate of the other eight models is below 30%.

　　Compared with fuel vehicles, the vehicle maintenance rate within three years is still basically maintained at around 59%-75%.

　　Mr. Sun, a new energy used car dealer in Beijing, told the Zhongxin Jingwei client that after a year of using a new energy vehicle, most of them have only one-third of the residual value, which is equivalent to a new energy vehicle bought at an original price of more than 100,000 yuan. Only tens of thousands of pieces can be sold when it is sold. "Many new energy owners can’t accept it when they come to consult for the first time. I don’t believe that the car that I have only been driving for one year has depreciated so much."

　　Mr. Sun pointed out that the low maintenance rate of new energy used cars also led to its profit margin being much lower than that of fuel vehicles. "The profit of new energy used cars generally does not exceed 3,000 yuan, and the circulation is not very fast. In contrast, the profit of a 5-7-year-old fuel vehicle is higher than that of a 1-year-old new energy vehicle. But if you switch to a new energy vehicle a few years ago, you can’t sell it now. "

　　Due to low profits and many restrictions, the recognition of new energy used cars in the market is not strong. During the visit to the used car trading market, the Sino-Singapore Jingwei client communicated with several dealers. They said that the business of new energy used cars is not good because of the low rate of preservation. One of the dealers still has a backlog of a 2017 JAC iEV6E recovered three months ago. The original price of the car purchased with tax was close to 140,000, and now the price is only 35,000 yuan. He said that if you want to collect new energy used cars, you must be no more than three years old. "And it is best to be the top brands such as Tesla, BAIC and BYD, otherwise it is very likely to become ‘ Trading at a loss ’ 。”

　　Photo by Zhongxin Jingwei Fu Yumei in a used car market trading area in Beijing

　　Short battery life is the "culprit"?

　　In addition to the offline trading market, the Sino-Singapore Jingwei client also found that the low-priced sale of new energy used cars has become a common phenomenon when consulting some online trading platforms for used cars. Some old models three years ago, the price is even far lower than 1/3 of the original price. So, what is the reason for such a low rate of preservation of new energy used cars?

　　Wang Yongqing, head of used car inspection technology of Youxin, told the client of Zhongxin Jingwei: "The first reason for this phenomenon is that the early electric vehicles had a short cruising range and could not even meet the daily driving needs after the batteries aged. In addition, the after-sales maintenance service of new energy vehicles has not been fully improved, and the complaint rate is high. Once some manufacturers’ vehicles are transferred, they no longer enjoy the original warranty. "

　　Jia Xinguang, executive director of china automobile dealers association, also said that compared with fuel vehicles, the low maintenance rate of new energy used cars mainly comes from their battery problems. "Even if the engine works for 3 to 5 years, the battery is facing the problem of easy aging."

　　According to the 2018 China New Energy Vehicle Industry Report released by iResearch, 40% of the cost of new energy vehicles is concentrated on power batteries. According to many new energy vehicle owners, because there is no subsidy, the cost of replacing the power battery is sometimes even similar to buying a new car. Mr. Sun pointed out that under normal circumstances, the battery life of new energy vehicles is between 4 and 6 years, and the service life of some poor quality batteries is shorter. The cost of replacing batteries determines that it cannot raise the price in the market.

　　In addition, many people in the industry report that compared with fuel vehicles, new energy used cars lack a perfect evaluation system, which is indispensable in the pricing process of used cars. Wang Xiaoyu, co-founder and vice-president of Cheduoduo Group, pointed out at the 2019 Summit on User Value and Maintenance Rate of New Energy Vehicles that the evaluation system of new energy used cars is still not perfect, especially the problem of difficult battery evaluation, which makes it face great challenges.

　　It is understood that with the development demand of the new energy used car market, many platforms have begun to explore corresponding solutions. For example, the second-hand car platform of Guazi recently announced that it has started the evaluation and research on the battery part of new energy vehicles, and established a "car with many brains" to evaluate and price used cars according to the energy consumption rate, driving range and charging efficiency of new energy vehicles. The Youxin used car platform has also begun to digitize vehicle information by means of video detection and VR, and visually present the quality of batteries and vehicle sources.

　　The speed of upgrading is fast, and the data of hedging rate remains to be seen.

　　It is worth noting that the limitation of the market size of the new energy used car itself makes the current situation of its hedging rate face uncertainty. Ding Shaoguang, head of melon seeds used car brand, told Zhongxin Jingwei client that the proportion of new energy vehicles is still too small compared with fuel vehicles, so the relative market size of new energy used cars is not large.

　　Yan Jinghui, an expert from the china automobile dealers association Expert Committee, also pointed out that the current data on the hedge ratio remains to be seen because the number of new energy vehicles entering the used car market is limited.

　　Yan Jinghui said that most of the used cars entering the new energy market are old cars with a cruising range of less than 200 kilometers. Because of the fast replacement frequency of new energy vehicles, few car owners are willing to accept used cars with too much performance difference.

　　Wang Yongqing also stressed that the second-hand cars with new energy are easy to fall behind in technology, while consumers are relatively more willing to buy models with more advanced technology.

　　In July this year, less than four months before the release of the 2019 Tucki G3, Xpeng Motors released the 2020 Tucki G3. In contrast, the 2020 driving range has increased by more than 100 kilometers, but the price is not much different. This phenomenon angered the old car owners, led to many rights protection incidents, and also made Xpeng Motors encounter the biggest crisis since its listing.

　　Yan Jinghui said that the most direct performance of new energy vehicles to launch new models is the increase in cruising range, and the old cars are easily eliminated by the market, which is one of the reasons for its serious depreciation problem.

　　Expert: The problem of hedging rate may be improved in the future.

　　In view of the market pain points faced by new energy used cars, the Report proposes that in addition to Tesla’s brand effect, businesses such as "value-preserving repurchase" and manufacturer-certified used cars provided by manufacturers have realized effective strategies to increase the channel and value-preserving rate, which plays an important role in improving the value-preserving rate of electric vehicles.

　　The owner of a new energy source in Beijing told the Zhongxin Jingwei client that he expected manufacturers and 4S stores to provide corresponding preferential services, such as replacement services, rather than directly reselling them in the second-hand market at low prices.

　　The Zhongxin Jingwei client consulted a 4S shop with a domestic new energy vehicle with an original price of 140,000 yuan, two years’ purchase and a cruising range of 200 kilometers. The staff said that the replacement price was about 30,000 yuan, but an additional subsidy of 5,000 yuan could be provided. It is understood that many 4S stores provide subsidies ranging from several thousand yuan to 10 thousand yuan for replacement services, and support cross-brand car replacement.

　　Car companies are also introducing corresponding measures. A few days ago, Weimar released a user care plan, hoping to alleviate users’ anxiety about battery performance and preservation rate through services such as vehicle replacement and upgrading, lifetime warranty of power battery, vehicle replacement and transfer.

　　"Changing electricity, repurchasing, and sharing, these measures may improve the current low value-added rate of new energy used cars." Jia Xinguang said. He also stressed that in order to improve the preservation rate of new energy vehicles, it is still necessary to focus on its biggest pain point, that is, work hard on power batteries.

　　Many people are optimistic about the future of the new energy used car market. Yan Jinghui said that with the gradual stabilization of the quality of new energy vehicles, new energy vehicles with a cruising range of more than 250 have gradually entered the used car market, and the supporting facilities such as charging piles have become increasingly perfect. With the efforts of all parties, the problem of the value preservation rate of new energy used cars will gradually be improved.

　　Mr. Sun also told the Zhongxin Jingwei client that there are not many dealers who specialize in new energy used car business like him in the Beijing used car trading market. "There may not be one in hundreds." However, he believes that under the situation that the used car market of fuel vehicles is becoming increasingly saturated, new energy vehicles that gradually enter the mainstream vision will become the future trend. He hopes to pass the current "bottleneck period" as soon as possible and seize the market share of new energy used cars before the trend comes.

　　Wang Yongqing said that at present, new energy vehicles are in a high-speed development stage, and practitioners in the new energy used car industry need to keep up with the development of the industry, respond in time, do a good job in technical iteration, and meet the needs of consumers in a series of after-sales services such as maintenance. (Zhongxin Jingwei APP)

Looking forward to the launch of U8 Deluxe Edition

People’s Political Consultative Conference Network Shenzhen, September 21st(Reporter Li Yuanli) On September 20th, looking up to the first product of Auto, looking up to the official launch of U8 Deluxe Edition, users can purchase and place orders by looking up to the official car App or applet. Looking up to U8 to locate a million-level new energy hard-core off-road, with the blessing of the two core technologies of Yifangfang and Yunqi -P intelligent hydraulic body control system, it has 1,200 super horsepower, comparable to the third-generation main battle tank, with the fastest acceleration of 3.6 seconds. It has the ability of all-terrain in-situ U-turn, flat tire and emergency floating, bringing unprecedented extreme safety, extreme performance and extreme experience to users, and is expected to rewrite the market structure of million-level luxury cars. Looking forward to the U8 Deluxe Exhibition Car will arrive in 13 cities including Shenzhen, Shanghai, Chengdu, Hangzhou and Ningbo, and users can experience it in person. The first batch of U8 Deluxe Edition will be delivered to users in late October.

Take the first two subversive core technologies: Easy Sifang and Yunnian-P.

The two subversive core technologies, Yi Sifang and Yunqi -P, are the solid foundation for U8 to surpass the extreme and never before. Traditional cars are limited by the central driving form with two wheels driven, and active safety still has great limitations. Looking up to U8, which is equipped with easy Sifang technology platform, with distributed four-motor as the core and four-wheel torque independent vector control, has the technical characteristics of fast sensing speed, accurate recognition accuracy and strong control ability, and is the golden key to unlock the safety of body attitude control. Yunqi -P intelligent hydraulic body control system opens six degrees of freedom of the vehicle in three dimensions, and fully realizes the horizontal-vertical-vertical integrated control of the vehicle. Yunqi -P has a strong ability to recognize the road environment, fast adjustment speed and high control accuracy for the suspension and body posture, and has a total adjustment stroke of 150mm for ultra-high suspension, three-level stiffness and continuous adaptive damping adjustment, matching 15+1 off-road modes, so that Wangqi U8 Deluxe Edition can calmly cope with all kinds of complex terrain and fully release the driving pleasure.

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200 super horsepower, the fastest acceleration is 3.6 seconds, and it has the ability of all-terrain in-situ U-turn, flat tire and emergency floating.

Easy Sifang technology endows the U8 Deluxe Edition with 1,200 super horsepower comparable to the third-generation main battle tank, making it the world’s first mass-produced new energy vehicle to climb the "Desert Everest" Bilutu Peak; The maximum power of the whole vehicle is 880kW, and the fastest acceleration is 3.6 seconds, which is comparable to super-running. Looking up at U8 Deluxe Edition, the wheel end torque is as high as 8700N·m, and with the precise control ability of Easy Square, it breaks through the friction restrictions of different roads with high and low attachments, and can realize all-terrain in-situ U-turn, greatly improving the mobility of hard-core off-road. Easy Sifang technology, through the independent and accurate control of four-wheel torque, makes Wangwang U8 Deluxe Edition still stable and controllable in the case of tire puncture, greatly expanding the boundary of vehicle active safety. In extreme situations such as rainstorm waterlogging or wading in the wild, in order to ensure the safety of users to the greatest extent, U8 Deluxe Edition is expected to have emergency floating capacity. Based on the sealing advantages of the whole vehicle and its core components, combined with the control ability of Easy Square, looking up at U8 Deluxe Edition can float in 30 minutes, still maintain a stable posture, and realize the forward and direction control of the vehicle to help users get out of danger quickly. The emergency floating capacity is an emergency function that is passively triggered. The official advice is that users should not try it easily in non-emergency situations. Once triggered, they should be sent back to the direct service store for maintenance.

Extreme security, all-round security from the inside out

Looking up to U8 Deluxe Edition, equipped with plug-in hybrid power system and easy Sifang technology platform, CLTC has a comprehensive cruising range of 1,000km, which fully meets the needs of users for long-term outdoor travel. Support up to 110kW DC fast charging, 30% to 80% charging only takes 18 minutes at the earliest, and timely and efficiently recharge the power in case of emergency. Look forward to the external discharge function of U8 Deluxe Edition with a maximum power of 6kW to ensure the safety of outdoor energy supply. This function can be compatible with a variety of electrical equipment at the same time, and supports the continuous use of 2kW ultra-high power electrical appliances for about 25 hours. There are 3 wireless charging places in the front and rear rows, which can support 50W fast charging, and can also be charged quickly and conveniently when many people travel. Looking up to U8 Deluxe Edition, it is equipped with NVDIA ADRIVE Orin intelligent driving processor with 38 high-precision components and a fusion computing power of up to 508Tops, which has high sensing accuracy and sufficient computing power, further improving driving active safety. In order to continue the ultimate safety gene, U8 Deluxe Edition is equipped with blade battery, supplemented by CTC battery chassis integration technology, and the blade battery is directly connected to the girder as a safety structure. The excellent side column collision safety advantage fully guarantees the travel safety.

Quality materials and innovative scientific and technological functions endow new energy with off-road luxury travel experience.

Beyond the hardcore, look up to the cockpit design of U8 Deluxe Edition, fully integrate the sense of luxury, innovative technology configuration and off-road attributes, and create a unique technological luxury feeling of new energy hard-core off-road. Based on the profile design requirements of the interior, Wangwang U8 pioneered the design of 12.8-inch R800 Xinghe curved screen, which uses OLED material and 2K resolution to restore the true color, and the color contrast is 50 times higher than that of the traditional LCD screen. The curved screen of Xinghe is seamlessly connected with the two 23.6-inch mini LED screens of the main driver and the auxiliary driver, creating a borderless immersion, forming a unique triple screen, which is as colorful as the Milky Way Waterfall, and with the symmetrical structure of the double-encircling star-ring cockpit, the seating space is surrounded, showing the unique luxury style of new energy.

Looking up at U8 Deluxe Intelligent Cockpit, equipped with 4nm 5G chips jointly customized by BYD and Qualcomm, has high computing speed and strong compatibility, and is embedded in the intelligent networking system of Looking Up at Link, which has a complete application ecology. The front 70-inch AR-HUD head-up display, the central control screen of the Milky Way curved surface, the co-driver multimedia screen and two 12.8-inch rear suspended multimedia screens have the function of borderless five-screen linkage, which is not limited by space and supports information interaction between multiple screens, bringing a richer intelligent experience to the drivers and passengers of the whole car. Full-scene intelligent voice can support independent interaction of four-tone areas, and voice commands between different tone areas can also produce linkage. Users can also customize common scenes through voice to fully meet the personalized use requirements. The 70-inch AR-HUD upgrades the head-up display from a plane image to a 3D stereoscopic image, and the vehicle road information is projected on the screen in real time, so that the driver can easily grasp various information such as vehicle status or map, and concentrate on driving without leaving the road.

Looking up to U8 Deluxe Edition, the whole car seat is made of high-grade Nappa leather, with high-end Sabili wood, which has uniform texture and delicate touch, showing the visual texture of pure natural logs and the touch of fingertips to the fullest. The whole vehicle is equipped with intelligent fragrance system with natural solar terms theme and compressor refrigerator with anti-forgetting reminder, which makes the ride quality further. When the vehicle speed reaches 60km/h, look up to the U8 Deluxe Edition, and the interior noise will not exceed 55dB, creating a quiet and enjoyable space at the library level. The whole vehicle is equipped with the world’s first Hi-End audio of Dana Platinum Evidence Series, with a total of 22 speakers, creating a 7.1.4 Dolby panoramic sound to restore the real sound field. The extraordinary NVH quietness and high-quality audio bring users a heavenly hearing enjoyment. In view of the requirements of off-road properties, we look up to the design of some physical buttons adopted under the curved screen of U8 luxury center console, which can quickly switch and adjust various driving modes and enhance the convenience and practicability of off-road control. Focusing on the senses of sight, hearing, smell, taste and touch, we hope that the interior design of U8 Deluxe Edition will make every place the ultimate luxury experience. Looking up to U8 Deluxe Edition, there are five kinds of car paint colors in appearance, including dragon stone green, obsidian black and fluorite white, and matte dragon stone green and matte moonlight silver are optional. The interior provides two color matching schemes: black orange and gray brown; The whole vehicle comes standard with 22-inch sports forged wheels, and provides 22-inch simple forged wheels and 20-inch sports forged wheels for users to choose, which fully matches the personalized selection needs of users.

The ultimate technology has made Looking Up, and the trust of users has made Looking Up to the brand "faithful" hospitality. Looking Up to the car will use the full direct mode to serve users. At present, more than 70 direct stores are under construction, and it is expected that more than 90 stores will be opened in more than 40 cities across the country this year, so consumers can experience looking up to the car’s products and services more conveniently. Looking up to the car will uphold the most sincere service attitude and bring users a more extreme brand experience.

Volvo cars have a new LOGO!

What do you think of Volvo’s new LOGO?

Article Source: LOGO Master ID: Logods Image Source: Volvo official, Weibo (invasion and deletion) Author: Da Jun Editor: Ai Sheng

Early this morning.

Da Dajun received the explosion information from fans.

Volvo cars have changed their LOGO!

what？ Volvo, this is not about putting

Replace the classic ring LOGO …

As we all know, Volvo’s original LOGO

Its outer frame is in the shape of a ring with an arrow.

It has the meaning of a wheel, with a diagonal across it in the middle.

Make the whole more "stable"

And the text part is highlighted with white characters on a blue background.

It is also the symbol registered by VOLVO company.

It’s in ancient Egyptian font

You can see that the original LOGO

It presents a three-dimensional effect by adding shadows and metallic textures.

And the new LOGO becomes flat and flat!

The new LOGO removes the metallic texture.

And diagonal elements in the middle.

The combination of circle and arrow is kept in a flat form.

And the word "VOLVO"

Where the circle and the arrow in the upper right corner

The space is processed.

And the design of words

The previous serif fonts are used.

Only the distance between letters has been adjusted.

Make it look more "loose"

Speaking of which, let Dajun think

Another Volvo logo

We’re behind the Volvo car

And you can see it on the website.

The word "long distance"

The routine for Volvo to change the logo is

Keep the font and distance?

On the whole, the new LOGO is designed in a minimalist style.

Become younger, more modern and have affinity.

At present, the new LOGO of flat wind

It has been used in various channels.

Official website page

official microblog

And on the APP icon

In addition, in Volvo this June,

Launch a new pure electric concept car

You can also see the use of the new LOGO.

For the release of Volvo’s new LOGO,

Undoubtedly caused a heated discussion among netizens.

Some people think that flat design conforms to the trend.

But the new LOGO has a thinner ring.

It makes people feel uncomfortable

Some fans also said that

Still prefer the original LOGO.

There are even people who "digress"

Driving in the comments section?

(imagine for yourself)

However, this flattening operation

Some people also think of the public before.

The new LOGO is also flattened.

Speaking of which, the operation of Volvo’s new LOGO

Flatten+remove text bottom frame

It also reminds Dajun of Nissan, which released a new LOGO last year.

This routine, is it the same!

Put the new LOGO of the two brands together

Is there a feeling of "two brothers"

In fact, from the perspective of the global automobile industry,

Starting from the MINI owned by BMW in 14 years,

The trend of flattening of automobile brand LOGO

It got out of hand.

Audi

Changan automobile

This is because many automobile brands are carrying out electric innovation.

Competing to launch and improve the product line of electric vehicle series

The minimalist and flat LOGO can better show the sense of science and technology that enterprises need.

In addition, it is probably influenced by the current information age.

Nowadays, electronic screen is the main information carrier.

Therefore, the minimalist style of "less is more" simplifies and centralizes the content.

On the one hand, this will make the brand better publicized.

On the other hand, it also gives designers more room to play and imagine.

So, in the automotive industry,

Who will join the flattening team next?

Personal computer market declines, HP starts layoffs again： more than 4,000 people are laid off in three years.

　　Demand in the PC market is weak, and HP announced plans to "slim down".

　　After the US stock market closed on November 22, local time, PC manufacturer Hewlett-Packard (HP Inc) released its fourth fiscal quarter results for fiscal year 2022 as of October 31 this year, during which its revenue dropped by 11% to $14.8 billion, with a loss of $3.1 billion. Hewlett-Packard said that it plans to cut 4,000 to 6,000 people around the world in the next three years, or 10% of the 51,000 employees, in order to save costs and achieve transformation.

　　Hewlett-Packard said that this "Future Ready Transformation Plan" will reduce the company’s annualized total operating costs by at least $1.4 billion in the next three years, including about $1 billion related to restructuring. Hewlett-Packard said that of the $1 billion, $600 million will be allocated to the fiscal year 2023 ending on October 31, 2023, and the rest will be equally distributed between the fiscal years 2024 and 2025.

　　It has been three years since HP last laid off employees. The US Consumer News and Business Channel (CNBC) said that the company’s last layoffs can be traced back to 2019, when HP announced that it would lay off 7,000 to 9,000 employees. As of October 2021, HP had about 51,000 employees.

　　In the post-epidemic era, the dividend of home office faded, and consumers’ demand for personal computers decreased, which led to a sharp decline in the shipment of HP’s main product personal computers. Hewlett-Packard’s fourth-quarter financial report shows that the company’s revenue during the period decreased by 11.2% year-on-year to $14.8 billion; The net loss was $2 million, compared with the net profit of $3.1 billion in the same period last year, which turned a profit into a loss.

　　Source: HP Quarterly Report

　　In the fourth quarter, HP’s Personal Systems division, including personal computers, saw its revenue drop by 13% to US$ 10.3 billion, and its consumer business revenue dropped by 25% and its commercial business revenue dropped by 6%. In terms of shipments, HP’s total shipments decreased by 21% in the fourth quarter, including laptop shipments decreased by 26% and desktop shipments decreased by 3%; From the perspective of profitability, the operating profit margin of the personal system department decreased from 6.9% in the last quarter to 4.5%.

　　Source: HP Quarterly Report

　　Based on this, HP issued a pessimistic profit guideline. For the next fiscal quarter, the company predicted that the adjusted net profit per share would be 70 cents to 80 cents, which was lower than the analyst’s forecast of 86 cents. For fiscal year 2023, HP expects adjusted net profit per share to be $3.2 to $3.6, which is also lower than the analyst’s forecast of $3.62 per share. The company predicts that the market demand for personal computers will further decline in the next fiscal quarter.

　　Not only HP, but also the whole PC market is facing the dilemma of weak demand. According to the report released by research institute Gartner10 in October, global PC shipments totaled 68 million units in the past quarter, down 19.5% year-on-year, which is the biggest decline since the analysis institute began to track the PC market in the mid-1990s.

　　Gartner analyst Mikako Kitagawa believes that this marks a historic slowdown in the PC market. He said, "In view of the weak demand for personal computers from consumers and commercial markets, high inventory has become a major problem. Although many companies have carried out large-scale promotion and price reduction, the sales results are disappointing because many consumers have bought new computers in the past two years and there is no demand at present. In terms of business, geopolitical and economic uncertainties lead to more selective IT spending, and personal computers are not on the priority list of consumers. "

　　Dell Inc, HP’s competitor, faces the same problem. Dell’s total revenue in the third quarter fell by 6% to $24.7 billion. The company said that the weak PC market will continue, and it is expected that the decline in PC revenue will be even greater in the next quarter.

　　As of the close of US stocks on November 22nd, HP rose slightly by 0.75% to close at $29.38 per share.

Heze Xingtu Eta Ursae Majoris Hot Promotion, the latest offer is 137,800! Act quickly.

On the [car home Heze Preferential Promotion Channel], preferential activities are being carried out. As a high-profile SUV, the starting price of Starway Eta Ursae Majoris is only 137,800 yuan, and there are discounts of up to 15,000 yuan to choose from. If you are interested in this model, you may wish to click "Check the car price" in the quotation form to get a higher discount.

Starway Eta Ursae Majoris is a medium-sized SUV with a modern design. The front face adopts a large area of chrome-plated decoration and smooth lines, which shows its high-end atmosphere style. The air intake grille adopts a unique star-shaped design, which echoes the name of the car system and shows its unique personality. As a whole, Starway Eta Ursae Majoris combines the elements of modernization and sports, making it more dynamic and fashionable. The body lines are smooth and the roof lines are beautifully designed, giving people a smooth and natural feeling. The overall shape is fashionable and steady, full of strength, in line with the pursuit of modern consumers for the appearance of the car.

Starway Eta Ursae Majoris is a medium-sized SUV with a body size of 4781 * 1920 * 1671mm and a wheelbase of 2815mm. The side lines of the car body are smooth and concise, showing a luxurious and dynamic design style. The front and rear tracks are 1641 mm and 1642 mm, respectively, and equipped with 235/55 R19 front and rear tires, which are stylish and atmospheric, adding a sense of movement to the whole vehicle. The overall body proportion is coordinated, and the design is full of strength and elegance. It is a very attractive medium-sized SUV.

The interior design of Starway Eta Ursae Majoris is full of modernity, using high-quality materials and exquisite craftsmanship to create a comfortable and luxurious driving experience. The steering wheel is made of leather, which supports manual adjustment up and down and back and forth, so that the driver can easily find the most comfortable position. The 12.3-inch central control screen provides rich information and entertainment functions, supports voice recognition control systems, including multimedia, navigation, telephone, air conditioner, skylight and window, and is convenient and quick to operate. The front and rear rows are equipped with USB and Type-C interfaces, which are convenient for charging and data transmission. The front row also supports the wireless charging function of mobile phones, which is very practical. The seat is made of imitation leather, and the main driver and co-pilot seats support front and rear adjustment, backrest adjustment and height adjustment, providing better support and comfort. The backrest of the second row of seats can also be adjusted, and the rear seats support proportional reclining, which increases the flexibility of storage space. Generally speaking, the interior design of Starway Eta Ursae Majoris pays attention to details and humanization, which provides a comfortable driving experience for drivers and passengers.

Starway Eta Ursae Majoris is equipped with a 2.0T 261 horsepower L4 engine, with a maximum power of 192 kW and a maximum torque of 400 N m.. This engine is matched with the 7-speed wet dual-clutch gearbox, which can provide a smooth driving experience and excellent acceleration performance. Both urban driving and highway driving can meet the driver’s demand for power. At the same time, this engine also has excellent fuel economy performance, which makes the vehicle more fuel-efficient and environmentally friendly during long-distance travel.

In the word-of-mouth evaluation of Starway Eta Ursae Majoris, car home owners spoke highly of the overall atmosphere and top view of the vehicle. Although the front may take some time to accept, the body and tail are deeply loved by many people. He specifically mentioned the waistline design, indicating that the waistline and tail are the most attractive parts of the car. These comments fully demonstrate the unique charm of Starway Eta Ursae Majoris in appearance design, which brings excellent visual experience to car owners, whether it is the atmospheric body or the smooth waistline. It is believed that these advantages will attract more consumers’ attention and further consolidate the position of Starway Eta Ursae Majoris in the automobile market.

With the blessing of HUAWEI ADS 2.0, why should M5 worry about the ＂ghost probe＂？

　　　I was driving along the road and suddenly a dog jumped out. What should I do? There are also motorcycles or pedestrians that suddenly flash in the blind area during the rush hour, which is hard to prevent. If one person doesn’t react, a collision accident may occur. In the era of smart electric vehicles, with Huawei’s powerful technical strength, HUAWEI ADS 2.0 blessed the M5 Smart Driving Edition, which faced this "ghost probe" and brought consumers a perfect answer.

　　HUAWEI ADS 2.0 gets on the bus, and its active safety strength is outstanding.

　　When driving outside, safety is the first priority. However, accidents can’t be avoided. For example, in the process of driving, there is a car that wants to jam; You can’t see pedestrians or pets in the intersection blind area when you enter and leave the community; Or collision events due to untimely braking, etc. Although the old driver’s driving skills are good, he can’t do everything. In view of this situation, a good solution is given by the M5 intelligent driving version equipped with HUAWEI ADS 2.0 advanced intelligent driving system. It is equipped with 1 overhead lidar, 3 millimeter-wave radars, 11 high-definition cameras with lateral and backward visual perception and 12 ultrasonic radars. The hardware and algorithms are leading in the industry. No matter when crossing the road or traveling at night, if there are pedestrians or animals running out in front, the M5 intelligent driving version can detect it in advance and stop in time to avoid collision accidents.

　　Some people may think that with the rapid development of science and technology, whose smart electric car has few intelligent hardware configurations? There is no denying that the intelligent driving system is basically available in every family, but its security is still slightly different. Take the M5 intelligent driving version in the world as an example, its active security has been tested by professional media. In the AEB active safety cross-evaluation held by Autolab, Tesla Model Y, Ideal L9 and other models are not as quick in safety response as the M5 Intelligent Driving Edition when facing the scene tests such as non-motor vehicle crossing, adult ghost probe, backlight crossing at night and side-lying dummy.

　　The performance of the M5 Intelligent Driving Edition is so good, which is closely related to its configuration strength. The four MIMO (Multiple Input Multiple Output) antennas equipped in the M5 version of Zhijie have higher signal strength and very wide coverage, which can avoid security risks in a wider range. At the same time, the M5 version of Zhijie also has the capabilities of BEV (Fusion Perception Aerial View Network) and GOD (Universal Obstacle Detection), which gives vehicles stronger object recognition capabilities. When you encounter an inconspicuous stone or a big pit when you are driving, the M5 Smart Driving Edition can be keenly identified and avoided in advance.

　　Reinforcing steel bars with iron bones, passive safety and overweight make travel more secure.

　　In addition to strong active safety, the M5 is also excellent in passive safety. Not only is it developed according to the high safety standards of the industry, but the high-strength steel of the car body accounts for over 60%, of which the hot-formed steel accounts for 19%, and the torsional stiffness is 1.5 times that of Tesla Model Y. With the cage-type car body, getting on the bus is equivalent to entering a highly safe "fortress". Every time you go out, every occupant can feel at ease.

　　In addition, in terms of battery safety, this car starts from the source, the batteries are all supplied by top suppliers, and there are five layers of batteries wrapped, triple thermal safety design and five-layer structural safety design, which is extremely safe. Coupled with Huawei’s "end+cloud +AI" collaboration, it can realize the "physical examination" of battery life cycle health, provide 7×24h battery health real-time detection service, and protect every battery in all directions, so that you don’t have to worry about safety at all times.

　　It is worth mentioning that the environmentally-friendly cockpit space is also used in the M5 car, which is extremely safe in materials, with very low risk of sensitization in the car, and the overall radiation value is far below the conventional standard. Children, the elderly, pregnant women and other sensitive people can all get on the bus with peace of mind.

　　Generally speaking, based on the advanced intelligent driving system of HUAWEI ADS 2.0, the active safety of the M5 intelligent driving version is more outstanding, and at the same time, based on the high-strength steel body and the top battery, it brings reassuring passive safety. It can be said that the M5 is comprehensive in safety, giving people enough travel confidence. If you have friends who are interested in intelligent driving, I really suggest you take a look at the M5.