Jetta: German quality, large space and comfortable car.

Jetta: Perfect Concerto of Space and Comfort

In the vast world of automobiles, Jetta has always played a practical and comfortable gorgeous movement with its exquisite carving of space and unremitting pursuit of comfort. Today, let’s go deep into Jetta’s interior world, carefully explore its outstanding accomplishments in storage space, front seat space and rear seat space, and feel how it creates infinite comfort possibilities in a limited body.

When you gently open the door of Jetta, the first thing you see is the front seat space full of humanized design. Jetta’s seat, like a caring personal butler, is always ready to adjust its posture according to your needs. Its adjustment function is rich and accurate, sliding back and forth smoothly and unimpeded, the lifting range is just right, and the backrest inclination angle can respond to your instructions in microseconds. Take a man with a height of 1.88 meters and a strong figure as an example. When he leisurely sits in the driver’s seat and adjusts the seat to the most suitable driving position, he will be pleasantly surprised to find that there is still an open space between his head and the roof of the car, as if there is an endless blue sky above his head, and his thoughts are free to gallop, and he will not be bothered by the depressed atmosphere at all. The performance of the legroom is also remarkable. The ample stretching area keeps an elegant distance between the knees and the center console. During long-distance driving, the legs can stretch freely, the blood circulates freely, and the fatigue seems to be forgotten far away. The wrapping on both sides of the seat is like a gentle and powerful embrace. When the vehicle turns or changes lanes, it gives the driver just the right support, which will not be too tight, but also ensure the stability and safety of the body, making every driving a pleasure.

Slowly turn around and step into the back row of Jetta, which is a spacious and comfortable new world. The spaciousness of the legroom in the back row is beyond imagination. Passengers are like being in a VIP seat in a luxury cinema, and their legs can be stretched forward as much as they like. Even passengers with long legs do not have to compromise their long legs, and they can easily change various comfortable sitting postures for a long time. The layout of the horizontal space is full of Jetta’s atmospheric demeanor. Three adults sit side by side, leaving plenty of room for activities between their shoulders. The arms are placed naturally and casually, and there will be no embarrassment and embarrassment between them. The backrest angle of the rear seat has been carefully designed, which perfectly fits the natural curve of the human spine, providing solid and comfortable support for the waist, as if it were a skilled masseur, silently relieving fatigue for you during the journey. It is worth mentioning that the uplift of the middle part of Jetta’s rear floor is extremely low. Compared with many similar models, this design provides a more friendly resting place for the feet of the middle passengers, so that every rear passenger can enjoy an equal and comfortable ride experience.

However, the charm of Jetta is not limited to the spacious and comfortable seating space, but also unique in the creation of storage space, which can be called a mobile storage treasure house. The bottom of the center console is like an exquisite storage cube, and the open storage slot is like a small intimate drawer. Small things such as mobile phones, wallets and keys can find their own shelter here. The exquisite design of its depth and width ensures the stability and safety of the items during driving, and even in the face of bumpy road conditions, they will not easily slide or shift. The glove box is like a hidden treasure chest, with amazing volume and regular internal space. All kinds of important materials such as vehicle manuals, insurance documents and bills can be properly kept here, and at the same time, it can easily accommodate paper towels, wet wipes, snacks, small first aid kits and other necessary items for your trip, providing all-round protection. The storage compartment on the inside of the car door is like a long, narrow and deep treasure house, and its length and depth are enough to accommodate all kinds of beverage bottles, whether it is a slim mineral water bottle or a stout sports beverage can, it can firmly embrace it. In addition, the door storage compartment also reserves enough space for travel AIDS such as umbrellas, folding maps, small flashlights, car vacuum cleaners, etc., so that you can get them quickly and conveniently when you need them. The central armrest box is like a private and practical treasure box. The internal space layout is reasonable, and it can store valuable or common items such as wallets, documents and sunglasses. The lid of the armrest box is like a solid shield, which effectively blocks the outside world.Provide intimate security protection for your items.

Finally, let’s focus on Jetta’s remarkable trunk space. It’s like a magical space pocket, and the opening of the trunk is wide and regular, just like a grand door to the storage kingdom, which is convenient for you to easily carry items of various shapes and sizes. In daily urban life, its regular volume is enough to meet the transportation needs of big bags and small bags for family shopping, luggage and equipment for short trips on weekends and various small items. Imagine a happy family camping trip. Tents, sleeping bags, barbecue grills, ingredients, drinks and all kinds of outdoor products can be easily stored in Jetta’s trunk, adding endless convenience to your trip. When you are faced with special handling tasks, such as handling large furniture, sports equipment or bicycles, the function of Jetta’s rear seats that can be laid down in proportion will come into full play. With a slight operation, the rear seat will fall gracefully, and perfectly blend with the trunk floor, forming an almost flat and huge loading plane, as if it were a mobile big bed customized for you. Whether it is a slender club, a huge snowboard suit, or a large TV set, bookshelf and other furniture, you can find a suitable habitat in this spacious and regular space, which provides great convenience and possibility for your handling work.

Jetta, like a master of space and comfort, uses its exquisite skills and persistent pursuit of details to perfectly integrate the front seat space, the rear seat space and the storage space to create a spacious and practical, comfortable and convenient mobile space. Whether you are traveling through the busy city or galloping between the heavens and the earth in vast expanse, Jetta has become the most trustworthy partner in your journey with its excellent spatial performance, accompanying you through every wonderful journey and leaving countless beautiful memories.

Inner Mongolia: Green Development of Economic Soaring and Writing a New Chapter of "Model Autonomous Region"

The scenery of Nailin Gaole grassland in Dongwuzhumuqin Banner, Inner Mongolia. Xinhua News Agency reporter Ren Junchuan photo

The scenery of Nailin Gaole grassland in Dongwuzhumuqin Banner, Inner Mongolia. Xinhua News Agency reporter Ren Junchuan photo

Employees check the milk packaging on the liquid milk production line of Yili Group in Hohhot. Xinhua News Agency reporter Peng Yuanshe

Employees check the milk packaging on the liquid milk production line of Yili Group in Hohhot. Xinhua News Agency reporter Peng Yuanshe

  Based on ecological protection, Inner Mongolia has built a green development strategy, accelerated economic transformation and upgrading, optimized regional development layout and achieved high-quality development. Over the past 70 years, the economic scale of Inner Mongolia has been continuously expanded, the economic structure has been more reasonable, the growth momentum has been abundant and strong, the fiscal revenue has been steadily expanded, and various undertakings have made great progress.

  In August, in Inner Mongolia prairie, sometimes the sky is high and the clouds are wide, the sheep are slow, the horses neigh, the camel bells jingle, and sometimes the rainbow is connected with the rain, and the grass gleams in the sunshine under the clouds — — This is the best season of the year, and it is the most beautiful scenery in the north of the motherland.

  Regional ethnic autonomy in Inner Mongolia Autonomous Region was first realized in China, and it was praised as "model autonomous region" in 1950s. Since then, despite twists and turns, I have always been firm in my faith and devoted myself to development, and finally moved towards a prosperous, strong, beautiful and harmonious new life today.

  Riding on a gallop to achieve takeoff

  Over the past 70 years, the people of all ethnic groups in Inner Mongolia have worked hand in hand to forge ahead, always holding high the banner of great unity among ethnic groups, creating many first and valuable experiences in the history of ethnic work in New China, and writing historical stories such as "Qi Xin cooperated to build Baotou Steel", "3,000 orphans went to Inner Mongolia", "Overcoming difficulties and donating grain and livestock" and "The best pasture is aerospace". National unity is like the sunshine on the grassland, nourishing the happy life of brothers and sisters of all ethnic groups.

  Over the past 70 years, the economic development of Inner Mongolia has achieved earth-shaking changes. In 2018, the total economic output and per capita GDP reached 1.7 trillion yuan and 68,000 yuan respectively, an increase of 595 times and 137 times compared with 70 years ago. Since the beginning of the new century, under the favorable situation of a series of preferential policies such as the national western development and the concentration of various development advantages in Inner Mongolia, the economy of Inner Mongolia has taken off, constantly catching up and surpassing, and the three industries have been constantly optimized and rational, from 76.7∶7.1∶16.2 in 1947 to 10.1∶39.4∶50.5 in 2018.

  In 1959, Baotou Steel’s No.1 blast furnace was completed and the first beautiful iron flower flowed out, ending the history of being barren in the border ethnic minority areas of Inner Mongolia. Today, Baotou, the "Grassland Steel City", has the largest enterprises in Inner Mongolia, such as steel, aluminum, equipment manufacturing and rare earth processing, and has become the 20 most suitable cities for industrial development and the 50 best cities in the investment environment.

  Ordos, which also regards industry as its backbone, has successfully embarked on a development path that deals with the transformation of industrial scale and industrial value chain, industrial specialization and diversification, and comparative advantage and competitive advantage from "one coal dominates" to industrial diversification. During the "Twelfth Five-Year Plan" period, the total industrial output of Ordos has always been the top spot in Inner Mongolia Autonomous Region, accounting for more than 30%.

  The transformation and upgrading will spread a new picture of grassland culture in the whole region. Hohhot has become the largest cloud computing data center in China. With suitable climate, geographical conditions and abundant power supply, data centers have been built and put into use in Qingcheng, expecting Hohhot to become a "Cloud Valley of China".

  With the development of economy and society and the remarkable improvement of people’s living standards, modern new cities have sprung up in the field of Senecio scandens. People bid farewell to the history of "adobe houses and Lele cars". Nowadays, most administrative villages in the whole region have achieved social undertakings such as no dangerous houses, safe drinking water, hardened streets and lanes, electricity, radio, television and internet, standardized clinics, cultural activity rooms and convenience supermarket chains, and all the permanent residents in agricultural and pastoral areas have been included in social undertakings such as old-age medical care and minimum living security. Some herders and hunters who have kept their traditional nomadic and hunting life have also realized household electricity supply. Residents in agricultural and pastoral areas are no longer satisfied with eating and drinking enough, but are considering how to be greener and healthier … …

  Ecological priority of Chunhua Qiushi

  Inner Mongolia spans northeast, north and northwest. This vast land, where forests, grasslands, wetlands, rivers, lakes, deserts and other natural forms coexist, is the largest and most complete ecological function area in northern China and an important ecological defense line in the "Three North" region.

  Ecological priority and green development have become the strategic arrangements for the development of Inner Mongolia in the new period. On the one hand, the whole region actively explores the establishment of a sustainable ecological environment protection system, on the other hand, it integrates the construction of ecological civilization into the development process of various undertakings. Green has not only become the background color of Inner Mongolia’s ecology, but also become the concept of development in all walks of life.

  In summer, Xilin Gol grassland is rich in water plants, and snow-white sheep stroll in the depths of the grassland like pearls, attracting countless tourists to visit.

  After years of practice, in 2019, the total area of grazing suspension in Xilin Gol League reached more than 220 million mu, and more than 160 million yuan of grazing suspension subsidies were granted to farmers and herdsmen. Grazing moratorium has been a task that must be resolutely implemented every year on the grassland. Protecting green is the greatest responsibility and has the greatest potential. RiGen Wu Bajard, deputy director of Ximeng Ecological Protection Committee, said: "The implementation of grazing suspension during the green-returning period in spring can effectively avoid the problems of grassland productivity decline and population degradation caused by premature grazing and trampling of pasture growing points by livestock, and can also prevent livestock from running green in spring and reduce the fat loss rate, which is conducive to the transformation of traditional animal husbandry production mode to modern animal husbandry management."

  "With subsidies, it is better. Even without subsidies, we have to do a good job of grazing." Renhua Na, a herdsman in Narenbaolige Gacha, Arshanbaolige Town, Xilinhot City, actively reduced the number of sheep to more than 200, but the number of cattle increased to more than 50.

  There are fewer sheep because herders have adjusted the herd structure, promoted the structural reform of the supply side of animal husbandry under the guidance of the local government, and vigorously implemented the strategy of "reducing sheep and increasing cattle". Through the grazing moratorium, Renhua Na was delighted to find that, despite a significant increase in income, the grassland has also been significantly restored. Last autumn, the grass planted in his own grassland was enough for his own livestock, and some of it was sold.

  Hulun Lake is a pearl on Hulun Buir grassland. Near the east coast, there is a comprehensive ecological environment management and demonstration area in Hulun Lake basin, and three kinds of seedlings, Achnatherum splendens, Leymus chinensis and Artemisia chabaga, grow alternately on the sand.

  In the spring of 10 years ago, what the reporter once saw here was that the primary grass buds were covered with white snow, and the eyes were full of yellow sand, but now it is very different. "Because there are many winds along the coast of Hulun Lake, the survival rate of seedlings planted before is less than half. After planting seedlings last year, irrigation after cultivation was carried out with micro-spraying belt. " Jiang Zhiguo, director of the Hulun Lake National Nature Reserve Administration, said, "After ecological management, the problem of sand being blown into the lake can be reduced."

  Water environmental pollution, the problem is in the water, the source is on the shore, and the root is in the industry. A series of comprehensive ecological management such as Hulun Lake, Daihai Lake and Wuliangsuhai Lake is not only the improvement of water quality, but also a green development road focusing on transformation.

  The high-quality development of Inner Mongolia is based on the protection of ecology and the construction of a green development strategy. After years of development, the whole region has fully realized that the relationship between economic development and ecological environment protection should be correctly handled, and temporary economic growth should never be exchanged at the expense of the environment. Only by taking greening as the guide, accelerating economic transformation and upgrading, and optimizing regional development layout can we build an important ecological security barrier in northern China.

  To this end, Inner Mongolia insists on promoting industrial upgrading, guiding, encouraging and supporting the extension of resource-based industrial chains, and actively developing non-resource-based industries; Make the scale of green industry bigger and stronger, and gradually build an efficient, clean, low-carbon and circular green development industrial system; Build a market-oriented green scientific and technological innovation system, coordinate superior scientific and technological resources, overcome technical bottlenecks, and build basic research — Technology research and development — The ecological comprehensive management system of industrial development provides scientific and technological support for ecological priority and green development; Strengthen the control of water, soil and air pollution, make comprehensive policies, make up for shortcomings, and provide resource guarantee for the ecological priority green development of the whole region. (Economic Daily China Economic Net reporter Yan Rong Chen Li)

Happy Life in Ashton Chen: From Kung Fu Kid to Low-key Rich Man, Revealing the Secret of Family Life!

Recently, the photo of 36-year-old Ashton Chen shopping with his wife and daughter once again triggered a hot discussion among netizens. This Shaolin-born star was loved for his lovely image and excellent martial arts since he was a child, especially a classic film "shaolin popey" which made him a childhood idol in the mind of the post-80s generation. However, with the passage of time, Ashton Chen gradually faded out of the screen and chose another life path. His lifestyle and family situation have also become the focus of public attention.

When Ashton Chen was a child, he won the audience’s love with his naive image and superb martial arts. He began to learn Shaolin Kung Fu as early as two years old and became famous at the age of six. From "shaolin popey" to "Young Bao Qingtian", his acting career can be said to shine in the entertainment circle in China. Since he chose to quit the film and television circle in 2018 and devoted himself to commercial activities, Ashton Chen has not only established a martial arts school, but also set up a film and television company, invested in cinemas and became a successful businessman. Today, his net worth has already exceeded 100 million, and such achievements are amazing.

Despite her remarkable success in her career, Ashton Chen’s love life is relatively low-key. His emotional experience is not complicated. He once had a brief love affair with singer He Jie and actor Wang Ruoyi. With little knowledge of his personal life, Ashton Chen’s marriage and family also aroused a lot of curiosity. With the recent exposure of photos of him traveling with his wife and daughter, it suddenly dawned on everyone that this hero who was always the little boy in his heart is now the father of a happy family.

According to recent reports, Ashton Chen’s wife has a similar posture and temperament to the star Angelababy, and she is hot and young. Although she always keeps a low profile in public and rarely exposes her true face, she still attracts the attention of many netizens. Ashton Chen and his wife and daughter enjoy ordinary and happy family time, and the harmonious atmosphere of a family of three is desirable.

When Ashton Chen walked into the mall with his family, the heated discussion and expectant eyes around him grew stronger and stronger. Many netizens commented that they were surprised and curious about when he got married, and the "little boy" who was still playing in the past has now become the pillar of the family. People not only pay attention to his married life, but also appreciate his choice of low-key life. The change of the owner’s identity seems to be particularly important in Ashton Chen’s choice, and the attitude of netizens towards his driving a luxury car has also caused a lot of discussion.

In the entertainment circle, many stars have attracted much attention because of their glamorous lives. However, Ashton Chen, with his down-to-earth and low-key life choices, shows a more real life outlook. He told everyone with practical actions that besides fame and fortune, the sense of accomplishment and happiness of family and career can enrich a person’s life.

Such a Ashton Chen has not only become a childhood memory of many people, but also a successful model and a symbol of happiness worthy of the attention of young people today. Perhaps each of us can get inspiration from his story: cherishing the people and life around us is the real source of success and happiness in the pursuit of dreams. If you want to know more about Ashton Chen and his life, you are welcome to discuss and share. At the same time, with the rapid development of science and technology, you can also use some AI tools to help you get information and creative inspiration more conveniently.

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Full of sincerity in changing the money: the development of Ford explorers

  [car home Che Ku Wen Hua] On the 16th of this month, Chang ‘an (|) was officially launched, which was the first time that the Explorer model was made in China. I believe many of my friends are like me. Because the explorers didn’t import much into China before, they are not very familiar with this car system. I have the impression that it is a big guy who looks very expensive. The reason why Changan Ford made it in China must be something extraordinary, so what is the good thing? We have to talk about it slowly from its ancestors …

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The first generation (1990-1994): Shuangmen is the root of Miaohong.

  Ford Explorer is defined as a medium and large SUV in China. As soon as we hear this name, a huge figure will appear in our minds, just like the image of the American fat man in the movie. But you may not know that as early as 1990, when the first generation of explorers came out, it was actually to replace a compact SUV: at that time, in order to better compete with rivals Chevrolet S-10 Blazer and Jeep Cherokee, Ford planned to introduce a larger SUV model to replace its compact SUV-Ford Bronco II, so there was Ford Explorer, whose name came from the Ford F-series pickup truck in 1967- In the early years, many American brands loved to do this. A certain model in a certain car series sold well, so the next car series was named after this model. For example, the new Focus automatic front-shining model sells well. Let’s get a new car another day, and call it Ford front-shining!

Home of the car

Home of the car

  As mentioned earlier, Ford Explorer appeared to replace its predecessor, the two-door SUV Bronco II, so the younger generation certainly has to be two-door. So, the explorer who is rooted in Miaohong turned out to be a two-door SUV. Surely you didn’t expect it? Considering the diversified needs of the market, Ford also launched a four-door version for explorers. Of course, that’s what the Mandarin says. Personally, I guess the more important reason is to compete with rivals: Cherokee was listed in 1984 with two-door and four-door versions, and Chevrolet S-10 Blazer also launched a four-door version when it was redesigned in March 1990. Ford Explorer just went on the market in March 1990, and there were four editions. What a coincidence?

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Home of the car

  The first generation Explorer two-door version is much larger than the last Bronco II (the wheelbase is increased by 205mm and the vehicle length is increased by 320mm), and it has become a medium-sized SUV. The four-door version is even better, with a wheelbase of 2842mm and a vehicle length of 4618mm respectively, which completely surpasses the two competitors. In order to save costs, explorers shared a lot of parts with Ford Ranger, a pickup truck at that time, from bumper to middle net, headlights and fenders … almost the whole front of the car was transplanted from Ranger. In terms of power, it also shares the V6 4.0L engine used by Ranger, with a maximum power of 116 kW, matching two gearboxes: 5-speed manual gearbox and 4-speed automatic gearbox. In 1993, the engine was changed, and the maximum power was raised to 119 kW.

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Home of the car

The second generation (1994-2000): a new car series was derived.

  In 1994, Ford introduced the 1995 Explorer, the second generation model. The change of this generation can be described as drastic. First of all, the appearance is no longer as square as that of the first generation model, and many arc lines have been added to the front face, such as the corners of the net, headlights and bumpers, which have become more rounded. Although the two generations of cars are only separated by four years, it seems to be the design of two eras.

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Home of the car

  Secondly, the change of body shape. The first generation of explorers sold well for several years, and Ford seemed to realize that SUVs had to be big to be popular in the environment at that time. As a result, the second-generation models continue to gain weight. Although the wheelbase of the two-door and four-door versions has been reduced by about 10mm compared with the first generation, the length of the car has increased (the two-door version has increased by 104mm, and the four-door version has increased by 163mm), and there is a tendency to continue to gain weight in the later small changes. At this time, the explorers have completely left the Chevrolet S-10 Blazer and Jeep Cherokee behind. From this generation, you can choose to install the third row of seats, which will become a seven-seat car.

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Home of the car

  The third change is the chassis. Ford’s original Twin I-Beam independent suspension is used in the front suspension of the first generation of explorers. This suspension is characterized by heavy load bearing and strong reliability, but it will occupy more chassis space. The second generation of explorers gave up the double-beam and replaced it with a double-wishbone independent suspension. On the one hand, this structure improved the handling of the vehicle, and at the same time greatly saved the space under the engine compartment. As mentioned earlier, the shortened wheelbase of 10mm was also caused by a new suspension. Therefore, Ford Explorer added a larger V8 5.0L engine when it was redesigned in 1996-finally there was room for it!

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Home of the car

  The last item is the change in vehicle classification: since 1998, Ford has classified the two-door Explorer into a single car series, Explorer Sport, and continued to use the chassis production of Ford Ranger, but it was not continued until 2003. At the same time, based on the four-door version of Explorer, a medium-sized pickup truck, Explorer Sport Trac, has been launched in two generations: the first generation in 2000-2005, and the second generation in 2005-2010 after a year of suspension. After production stopped in 2010, the four-door Ford Ranger took its place.

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February Sales Express: New Power/China Brand is on the rise.

  [car home Information] In February, various car companies have made every effort to hit sales and achieve new goals for the whole year. Now that the results of the auto market exam in February have been released, what is the performance of major auto companies? In this issue of the Sales Express, let us announce the transcripts of major car companies together.

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Home of the car

  As of the publication of this article, seven China car companies/brands, three overseas brands and six new car-making forces have announced their sales volume in February. The following are the specific sales data of each car company/brand:

● China car companies/brands.

  A total of 8 car companies/brands in China announced their sales in February, including BYD, Chery Group and Lantu Automobile. Among them, the sales volume of new cars in Ai ‘an in February was 30,086 units, up 253% year-on-year and 195% quarter-on-quarter. At the same time, the brand sold 40,292 vehicles in January and February, up 64% year-on-year.

● Geely brand

   The total sales volume of Geely Automobile in February was 108,701 vehicles, up about 39% year-on-year, among which the sales volume of pure electric vehicles reached 21,289 vehicles, up 74% year-on-year.

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  Subdivided into its brands, Geely brand sold 90,333 vehicles (including geometry); The brand sold 12,090 vehicles; Extreme krypton sold 5,455 vehicles, a year-on-year increase. Ruilan Automobile sold 823 vehicles, a year-on-year decline. Subdivided into power, pure electric vehicles sold 21,289 vehicles, a year-on-year increase of 74%.

Geely Automobile Xingyue L 2023 2.0TD high-power automatic two-wheel drive flagship type

  At the beginning of the year, Yan Jiayu, CEO of Geely Automobile Group, said in his message in the Spring Festival that in 2023, Geely Automobile Group’s total sales target of 1.65 million vehicles should achieve three times of growth in new energy products: the overall sales of new energy should double, exceeding 600,000 vehicles; Raytheon hybrid sales doubled; Krypton sales doubled.


Chery group

  On March 6th, Chery Holding Group released the monthly sales report: In February, the group sold 103,877 vehicles, up 71.9% year-on-year and 2.5% quarter-on-quarter, and sold more than 100,000 vehicles in a single month for nine consecutive months. From January to February, Chery Group sold a total of 205,256 vehicles, up 39.2% year-on-year.

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Home of the car

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Home of the car

  In terms of brands, the year-on-year growth rate of all brands of Chery Group exceeded 50% in February. Among them, the sales volume of Chery brand was 74,739, a year-on-year increase of 68.3%; The sales volume of Xingtu brand was 5,056 vehicles, a year-on-year increase of 61.7%; Jietu brand sold 16,432 vehicles, a year-on-year increase of 145.3%. Hua Dan products (|), Tiggo 7 and Jetway X70 series, which are the main products of the Group, have achieved 14,495, 14,617 and 10,913 vehicles respectively, ranking firmly in the camp of vehicles with monthly sales exceeding 10,000.

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  Based on the opening record of Chery Group, in January, with the overall decline of 35%, Chery Group grew against the trend at a rate of 16.5%. In February, according to the manufacturer’s data, the Association predicted that the retail sales growth rate of passenger cars in a narrow sense was 7.2%, and Chery Group maintained a strong growth trend with an acceleration of almost 10 times the average growth rate of the industry. Chery, Xingtu, Jietu and Chery’s new energy brands jointly announced the policy of "lifetime warranty for all models" on February 1, so that users can reduce their worries about using cars.


● Changan brand

  Changan Automobile Group released February sales data. The group sold a total of 191,007 cars, up 38% year-on-year, including 163,156 China brand cars, up 50.1% year-on-year, and 117,622 China brand passenger cars, up 68.2% year-on-year.

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Home of the car

  Specifically, in terms of Changan new energy, China brand new energy sold 20,574 units in February, including Changan deep blue brand and Changan brand new energy vehicles. Changan only announced the sales volume of Lumin models in February, which was 8,137 units.

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Home of the car

  In terms of Changan brand fuel vehicles, the CS family sold 37,660 units in February, of which the CS75 series sold 15,477 units; The car series sold 15,024 units in February; UNI series sold 27,859 units in February, of which UNI-V sold 20,179 units. In terms of Changan Auchan brand, it sold 18,505 units in February; In terms of Changan Kaicheng brand, it sold 17,081 units in February.


● Aian brand

  Ai ‘an announced that the sales volume of new cars in February was 30,086 units, up 253% year-on-year and 195% quarter-on-quarter. At the same time, the brand sold 40,292 vehicles in January and February, up 64% year-on-year.

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  According to the tips below the official long picture, on March 3, the brand of Ai ‘an will release a new generation of electric drive technology. At the same time, on March 7, AION Y will launch a new model, which is expected to be adjusted for configuration or appearance/interior details. It is worth mentioning that Ai ‘an expects to raise the official guide price of its related models in early March this year, ranging from 3,000 to 6,000 yuan.


● Lantu Automobile

  Lantu Automobile announced the delivery data in February 2023. In February 2023, Lantu delivered 1,107 new cars, and the delivery volume increased by 50% year-on-year.

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   Lu Fang, CEO of Lantu Automobile, said: "In 2023, the market potential of new energy vehicles in China continued to improve. With a series of measures such as the gradual recovery of Lantu’s production capacity, the return of sales and service system and the upgrading of OTA products, Lantu’s delivery capacity and order quantity in February increased steadily. In the next step, with the listing of Yantu, it will drive the further growth of marketing of Yantu’s whole product system. "

   On January 23rd, after Lantu released its brand in Israel, on February 18th, the first batch of Lantu FREE was officially delivered in Israel. After announcing the FREE replacement of the 8155 chip in the standard version of Lantu Free and the free upgrade and fast charging of Lantu Dreamer () in January, Lantu released the version of Lantu FREE OTA 3.0 on February 10th, and carried out 71 optimization upgrades on the car, including 13 new functions and 58 experience optimizations.

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  On February 23rd, Lantu held the 2023 Annual Conference of Eco-Partners in Wuhan. More than 200 eco-partners and investors from all over the country attended. By February 28th, 2023, Lantu had opened 190 stores nationwide, including 146 Lantu Space, 2 Lantu Flagship Stores and 42 Lantu Delivery Service Centers.


● Changan Deep Blue

  In February 2023, the delivery of Changan Deep Blue SL03 reached 4,103 vehicles, and the current cumulative delivery reached 37,328 vehicles.

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Changan Deep Blue Changan Deep Blue SL03 2022 1.5L 1200 Extended Range Edition

  In February, the pure electric 705km version of Changan Deep Blue SL03 was delivered. In addition, Changan Deep Blue SL03 was upgraded to OTA again. However, the new functions and optimization experience of the version 1.1 of Deep Al OS include intelligent cockpit, intelligent driving, intelligent vehicle control and other fields. The main upgrades include the addition of Netease cloud music, support for the exclusive driving mode of "thousands of people and thousands of faces" and 540 transparent chassis functions. This OTA will upgrade the 515 pure electric version and 1200 extended range version of Changan Deep Blue SL03 first, and the 705 pure electric version will be upgraded later.


● Extreme krypton

  Extreme Krypton Intelligent Technology announced the latest delivery volume: Extreme Krypton brand delivered 5,455 units in February, up 87.1% year-on-year and 75.1% quarter-on-quarter. Among them, Krypton 001 delivered 2539 sets and Krypton 009 delivered 2916 sets. Up to now, Krypton has delivered a total of 86,519 units. 

Krypton Krypton 001 2023 YOU Edition 100kWh

   The extremely krypton 009 was delivered in January 2023, with an average order amount of 527,000 yuan. The newly upgraded 2023 extremely krypton 001 was delivered this month, and a number of luxury configurations were standard in all departments, and the product strength was improved. The average order amount exceeded 336,000 yuan. Extreme krypton X was officially named on February 3, and it is worth looking forward to next.

Krypton ZEEKR 009 2022 WE Edition

Extreme Krypton ZEEKR X 2023 four-wheel drive version with 4 seats

   In February, Krypton completed $750 million in Series A financing, with a post-investment valuation of $13 billion. This A round of financing is a strategic investment based on the perspective of industrial integration, focusing on industrial resource cooperation and long-term layout. At the same time, Krypton, as a global technology enterprise, will promote the European strategy and enter the European market this year, relying on the forward-looking global layout and industrial accumulation of Geely Holding Group.

   As of March 1, 2023, there were more than 270 stores nationwide, covering nearly 70 major cities. As of March 1st, the national self-built charging network of Krypton Energy has exceeded 630+ stations in 118 cities, covering more than 95% of the cities where Krypton car owners are located. At the same time, the third-party high-quality charging resources accessed by the APP charging map have covered 344 cities nationwide, and nearly 430,000 public charging guns can be used for scanning codes, covering more than 3,000 high-speed service area sites nationwide.


● BYD

  BYD announced February sales data, with a total sales of 193,655 new cars, up 112.6% year-on-year. Among them, the sales volume of passenger cars was 191,664, including 15,002 vehicles exported, up 112.3% year-on-year.

Home of the car

  Among them, DM models sold a total of 101,025 vehicles, including DM-i and DM-P models, and EV models sold 90,639 vehicles. At present, BYD’s cumulative sales of new energy vehicles exceeded 3.7 million vehicles.

Home of the car

  Specific to the breakdown of cars, BYD Dynasty and Ocean Cars sold 184,338 cars in February, an increase of 28.3% from the previous month. Tengshi brand sold 7,325 vehicles in February, an increase of 13.8% from the previous month. In February, 15,002 passenger cars were exported, up 44.1% from the previous month.


● Joint venture car companies/overseas brands

  At present, only some joint venture car companies/overseas brands have released their February sales data, mostly Japanese brands. Among them, the cumulative sales volume of GAC Toyota in February was 67,029 vehicles, a year-on-year increase of 26.2%, which set a new sales record in February.

● GAC Toyota

  GAC Toyota released February sales data, with a cumulative sales volume of 67,029 vehicles in February, up 26.2% year-on-year, setting a new sales record in February. Among them, the sales volume of dual-engine models reached 21,075, accounting for 31.4%; More than 300,000 twin-engine models sold 8,942 vehicles. In addition, the sales of the eighth generation Camry also exceeded 1 million.

Home of the car

  At the same time, the official also said that the first new car of the fifth-generation intelligent electric hybrid twin-engine will debut at the end of March, and we speculate that it may be the new Lei Ling. It is reported that the fifth-generation THS II dual-engine hybrid three-electric system can further improve the electrification efficiency by lightening and miniaturization and reducing losses. Among them, the newly developed lithium battery system has achieved 34% miniaturization and 44% lightweight, and the power output has increased by 8%; The energy loss of high-speed motor is reduced by 19% and the output power is increased by 32%. The power control unit has improved the power density and reduced the weight by 17%, reduced the energy loss by about 10% and increased the current output by more than 8%.


● Honda China

  Honda China released the domestic terminal car sales in February 2023. In February 2023, the cumulative sales volume of Honda’s terminal cars in China was 74,142 vehicles, which was 69.9% over the same period (down 30.1% year-on-year); In January and February of 2023, the cumulative sales volume of Honda’s terminal cars in China was 138,332 vehicles, which was 54.8% over the same period (down 45.2% year-on-year).

Guangqi Honda Accord 2022 260TURBO Comfort Edition

  Among them, Guangqi Honda Automobile Co., Ltd. sold 35,829 vehicles in February; Guangqi Honda Automobile Co., Ltd. sold 76,113 terminal cars in January and February 2023.

Dongfeng Honda Honda CR-V 2023 240TURBO Four-wheel Drive Edition 5 seats

  The cumulative terminal sales of Dongfeng Honda Automobile Co., Ltd. in February was 38,313 vehicles; Dongfeng Honda Automobile Co., Ltd. sold 62,219 terminal cars in January and February 2023.

Dongfeng Honda Honda e:NS1 2022 E Chi Edition

  In addition, the cumulative terminal sales of Honda’s electrified models in January and February 2023 were 27,351. Honda’s electric vehicles include those equipped with Honda’s high-efficiency dual-motor hybrid system, plug-in hybrid system and pure electric vehicles.


● Nissan

  Nissan Motor Company announced the performance of China in February 2023. Nissan Motor Co., Ltd. sold 59,997 units in China in February, up 26.3% from the previous month. After three years of epidemic prevention and control, chip shortage and rising raw material prices, sales are gradually returning to normal.

Dongfeng Nissan Sylphy 2023 1.6L CVT Basic Model

  In February 2023, Dongfeng Nissan (including Nissan, Qichen and British finidi brands) sold 56,726 units, up 24.3% from the previous month. Among them, the sales volume of Nissan brand was 50,093 units, an increase of 23.5% from the previous month; The sales volume of Qichen brand was 6,003 units, an increase of 30.3% from the previous month. Zhengzhou’s daily sales volume was 3,271 units, an increase of 72.3% from the previous month.

  Mr. Shohei Yamazaki, Senior Vice President of Nissan Motor Company, Chairman of Nissan China Management Committee and President of Dongfeng Motor Co., Ltd. said: "2023 is an extremely important year. The company will continue to accelerate the development of electric drive strategy led by pure electric vehicles and e-POWER technology, while continuously strengthening brand, products, services, operations and market competitiveness. "


● smart

  Smart announced the delivery in February 2023. Among them, smart Wizard #1 delivered 3616 units in China; Since the delivery started on September 23rd, 2022, smart has delivered 15,998 units in China. It is worth mentioning that the smart Elf #1 Pro model equipped with a 49kWh lithium iron phosphate battery was pre-sold, with a pre-sale price of 179,000 yuan. As a new entry-level model, it is mainly equipped with a 49kWh lithium iron phosphate battery pack, and the CLTC cruising range is 400 kilometers. It is worth noting that the new car will be listed in the middle and late March, and it is expected to announce more rights and delivery time.

Home of the car

Home of the car

  The new model retains the configuration of the Pro+ version, and will provide five body colors, with two interior styles of lightning gray and deep space black. In terms of power, the new car is still equipped with a 200kW rear single motor, but the battery is changed to a 49kWh lithium iron phosphate battery pack, and the pure electric cruising range is 400 kilometers under CLTC working conditions.

Home of the car

  In addition, following the landing of the world’s first smart flagship center in Chengdu, the smart Hangzhou West Lake flagship center officially opened on the bank of the West Lake on February 25th. Smart flagship centers with different styles and themes will soon be launched in Guangzhou, Shanghai, Shenzhen and Beijing. At the same time, the smart production and delivery team is working together to shorten the product delivery cycle.


● Volvo

  Volvo officially announced its domestic sales in February, totaling 13,016 vehicles, up 50.4% year-on-year and 10.8% quarter-on-quarter.

Home of the carHome of the car

  Specific to the models, Volvo XC90 sold a total of 1,597 vehicles in February, up 108% year-on-year; Volvo S90 sold a total of 2,893 vehicles, a year-on-year increase of 74%; Volvo XC60 sold a total of 4,973 vehicles, a year-on-year increase of 61%. Volvo Car’s electrified products also performed well. In February, the sales of new energy vehicles increased by 64% year-on-year, among which pure electric vehicles increased by 181% year-on-year. From January to February this year, the cumulative sales volume of Volvo Cars in Chinese mainland market has reached 24,758 vehicles, up 6.6% year-on-year.

  At the same time, according to the official, Volvo Car Asia-Pacific Software Integration Center has been completed and put into use in Shanghai recently, thus accelerating the software development and update of the next-generation brand-new native pure electric platform. It is worth mentioning that at present, all new cars of Volvo brand can realize the online remote upgrade (OTA) function, providing users with a more personalized and intelligent car experience.


● New forces for building cars

  The speed at which the new car-making forces publish their report cards has been very positive. Judging from the data released at present, LI delivered over 10,000 vehicles in a single month, reaching 16,620 vehicles, followed by Weilai, Nezha and Tucki.

● Ideal

  LI released the delivery data in February 2023, and LI delivered a total of 16,620 new cars in February, up 97.5% year-on-year. Since the delivery, the cumulative delivery volume in LI has reached 289,095 vehicles.

Home of the car

  Li Xiang, Chairman and CEO of LI, said that since the delivery, Ideal L9 has continued to lead in market segments, ranking first in sales of large SUVs in China for five consecutive months. On February 8th, Ideal L7 was officially released, and the first batch of users will be delivered in early March. At the same time, the ideal L8 adds an Air version, and the starting price is lowered to further increase the product strength.

LI Ideal L9 2022 Max

"Ideal L9"

LI Ideal L8 2023 Max

"Ideal L8"

LI Ideal L7 2023 Max

"Ideal L7"

  By February 28th, 2023, LI had 298 retail centers in China, covering 122 cities. There are 317 after-sales maintenance centers and authorized car body panel spraying centers, covering 223 cities.


● Zero run car

  Zero-run cars released the delivery data in February, and a total of 3,198 new cars were delivered in February, an increase of 181% from the previous month, and the cumulative delivery reached 168,340.

Home of the car

  Just today, a number of new cars of zero-run cars were officially launched, including the newly-launched C11 extended-range version of zero-run cars, as well as new models of various current models. Among them, the zero-run C11 extended-range version has launched three models, and the price range is 149.8-185.8 million yuan; There are four models in the 2023 C11 pure electric version, the price range is 155,800-219,800 yuan; In 2023, the zero-run C01 launched five models, and the price was 1498-228,800 yuan. In addition, the new zero-run T03 has launched four models, with the price range of 59,900-89,900 yuan.

Zero-run car zero-run C11 2023 extended range 285 smart edition

"Zero Run C11 Extended Range Edition"

Zero Run Car Zero Run C01 2022 Rear Drive Long Life Edition

"Zero run C01』"

Zero Run Car Zero Run T03 2023 403 Zhixiang Edition

"Zero Run T03』"

  Specifically, the zero-run C11 extended range version is equipped with a 1.2T engine as a range extender, and its maximum power is 96kW. The rated power of the motor is 85kW, the peak power is 200kW, and the pure electric cruising range can reach 285km. New Zero Run T03: 2 new exterior colors and 3 new interior colors are added; The new zero-run C11 pure electric version: the vehicle configuration is simplified, and the battery life is adjusted to three versions of 500km, 650km and 580km, and the price is lowered; The new zero-run C01: The vehicle configuration is fine-tuned, and the entry price is reduced by 44,000 yuan.


● Weilai

  In February 2023, Weilai delivered 12,157 new cars, up 42.9% from the previous month and 98.3% from the same period last year. Among them, 5,037 pure electric SUV models and 7,120 pure electric cars were delivered.

Home of the car

  According to official data, in January and February of 2023, Weilai delivered a total of 20,663 new cars, a year-on-year increase of 30.9%. Weilai has delivered 310,219 new cars.

Weilai Weilai ES8 2023 100kWh Signature Edition

Weilai Weilai ET7 2022 75kWh

  On March 1st, Weilai released the fourth quarter and annual financial report of 2022. Weilai’s revenue in the fourth quarter was 16.06 billion yuan, up 62.2% year-on-year, with positive growth for 11 consecutive quarters. The total revenue for the whole year reached 49.27 billion yuan, all of which were record highs. R&D expenditure in the fourth quarter was 3.98 billion yuan, and the total R&D expenditure for the whole year was 10.84 billion yuan. The cash reserve is 45.5 billion yuan. In 2023, the Q1 delivery guideline is 31,000-33,000 units, and the revenue guideline is 10.62 billion-11.54 billion yuan.

Home of the car

  In addition, in order to continuously improve the car experience of users and friends, Weilai decided to add 1,000 power stations in 2023. Among them, about 400 are high-speed power exchange stations, which will speed up the layout of high-speed power exchange networks in 9 vertical, 9 horizontal and 19 urban agglomerations; About 600 are urban power stations.


● Tucki

  Xpeng Motors announced the delivery results in February. In February, Xpeng Motors delivered a total of 6,010 units, up 15% from the previous month. At present, there are four models on sale in Tucki, including Tucki G3, Tucki G9, Tucki P5 and Tucki P7.

Home of the car

  On January 6th this year, after Tesla announced a price reduction of 20,000-48,000 yuan, Xpeng Motors was one of the few car companies to follow up the price reduction. Except for G9, the prices of three models on sale were all reduced by 20,000-36,000 yuan. Judging from the actual sales data, the effect of price reduction is effective, but it is not obvious.

Xpeng Motors Tucki G3 2022 G3i 460N+

"Tucki G3"

Xpeng Motors Tucki G9 2022 570 Max

"Tucki G9"

Tucki, Xpeng Motors P5 2022 550P

"Tucki P5"

Xpeng Motors Tucki P7 2022 480G

"Tucki p7"

  In February, Tucki opened two stores in Denmark and the Netherlands, and the first European service center in Le Ronnskog, Norway, was also opened and put into use. At the same time, since March, the urban NGP function will be put on various models in Shenzhen, Shanghai and other cities.


● AITO brand

  A few days ago, AITO brand announced the delivery data in February, and the delivery volume of the series reached 3,505 vehicles, down 21.68% from the previous month, and the cumulative delivery exceeded 84,000 vehicles.

Sailisi Automobile Industry M5 2022 Extended Range Four-wheel Drive Ultimate Edition

Celestial Automotive Sector M5 2022 Pure Electric Four-wheel Drive Performance Edition

  On January 6th, after Tesla announced a price reduction of 20,000-48,000 yuan, the AITO brand also followed suit with a price reduction of 28,800-30,000 yuan. The price reduction models include the Wujie M5 EV and the Wenjie M7. However, from the sales data, the price reduction has not substantially promoted the sales volume. Tesla’s price reduction may have a certain impact on the sales volume of the series. At the same time, in February, due to the Spring Festival, consumption did not fully recover, which also restricted the recovery of sales volume.

Celestial Automobile Industry M7 2022 1.5T Extended Range Four-wheel Drive Ultimate Edition

  As for the recent product upgrade, since February 24th, Huawei’s HarmonyOS cockpit equipped with AITO’s M7 has been upgraded, and new functions such as smart car search and calendar have been launched. Next, all departments in the world will also upgrade HarmonyOS 3.0 in March.


● Nezha Auto

  On March 2nd, Nezha Automobile announced its sales results in February 2023. Specifically, Nezha delivered 10,073 vehicles, a year-on-year increase of 41.5%.

Home of the car

  Specifically, Nezha V delivered 5,013 units, Nezha U delivered 3,012 units, and Nezha S delivered 2,048 units, up 35% from the previous month. By February, 2023, Nezha had delivered a total of 264,138 vehicles. According to the official, Nezha’s S capacity expansion will accelerate the delivery. At the same time, the intelligent assisted driving system will be upgraded through OTA in the near future, and the owner can also wait for the official follow-up push.

Home of the car

  In February, Nezha Automobile won the EU E13 UNR155 CSMS (Cyber Security Management System) vehicle network security management system certificate issued by TUV Nande, which is the first R155 CSMS certificate issued by E13 in the world, indicating that Nezha Automobile has the industry-leading vehicle network security management capability, and at the same time empowering Nezha Automobile to step up its strategy of "going out to sea". At the same time, nearly 100 Nezha U and Nezha V were shipped to Jordan, which was the first batch of Nezha cars exported to Jordan.

● Full text summary

  According to the published sales data in February, although February is a traditional off-season, many manufacturers still give satisfactory answers. Among the traditional car companies, the growth momentum of BYD, Krypton and Chery Group is still strong, but the sales data of car companies such as Great Wall have not yet been announced, and what transcripts they will hand over in February is also expected.

  Among the new car companies, the Spring Festival holiday and other factors generally affected the delivery quantity, but Weilai Automobile and LI still achieved sales of 12,157 and 16,620 vehicles. Next, with the introduction of time-limited subsidies in various places, it has attracted a lot of car purchases, greatly enhancing the consumption environment and consumers’ desire to buy. Let’s look forward to it. (Text/car home Zhouyi)

Dongguan bandits robbed themselves and set an own goal, using the bank work car as an armored car.



  At about 10: 30 a.m. the day before yesterday, a case occurred in Xiabian Community, Chang ‘an Town, Dongguan, in which three robbers robbed a bank working car with guns.


  Three robbers drove a car and followed a work van of Dongguan Changan Branch of Agricultural Bank of China. When traveling to Xiabian Community Park Road, Qilong Road, Chang ‘an Town, three robbers stopped the bank’s work car by car, snatched two bags of bank business summons, money orders and bank employees’ cash of more than 600 yuan from the car with guns, and drove away. Fortunately, two bank employees were not injured. After the incident, Chang ‘an police sent a large number of policemen to investigate, and the case is under further investigation.


  At noon the day before yesterday, the Xiabian Community Park section of Qilong Road in Chang ‘an Town, Dongguan was blocked by the police. There is a white van parked in the middle of the road of Qilong Road. There is no bank cash truck logo on the car body. The driver’s seat and the window glass behind the driver’s seat of the van are broken, and a large number of car glass fragments are scattered on the road. Many policemen investigate and collect evidence on the spot.


  An eyewitness said that he happened to pass by this section at the time of the incident, and suddenly there was a sudden braking sound in the middle of the road. He looked up and saw a silver car parked in front of the front of a van. Soon three men rushed down from the car and surrounded the van. One of the men smashed the window glass of the driver’s seat of the van with a hammer and pointed a suspected gun at the driver. Another man held the man in the passenger seat, and then the third man smashed the window glass of the driver’s seat with a hammer. After taking out two bags from the car, the three men quickly fled by car.


  "I didn’t hear the gunshots, but a gray-white car stopped in front of the van and several people rushed down to rob it." The boss who opened a shop near the scene witnessed this hot scene that can only be seen in film and television dramas. According to him, the three men first smashed the window of the van, then took out two large military green bags from the back seat and ran away. Subsequently, two men got off the van and they immediately alerted the police. A large number of policemen and security team members rushed to the scene to investigate and collect evidence, and the two people in the car were then taken to Chang ‘an Public Security Bureau to assist in the investigation.


  [Bank]: It’s not cash that is robbed, but business summons and draft.


  The day before yesterday, Mo Zhendong, director of the office of Dongguan Branch of Agricultural Bank of China, was interviewed by a reporter. He confirmed the witness’s story.


  He introduced that at that time, the robbers aimed at Mo Mou and Mo Moumou, employees of the bank, shouting robbery and warning them not to move. However, he stressed that what the robbers robbed was not cash, but two bags of business summons of the bank.


  He said that Chang ‘an Sub-branch sends staff to the following outlets every day to collect summonses. On that day, a driver and an employee of Chang ‘an Sub-branch are sent, mainly collecting about 1,200-1,300 summonses on Saturday and Sunday. This is an ordinary business summons, which has nothing to do with cash and has no impact on banking business. "600 yuan’s cash on an employee was robbed, and neither of them was injured. It is estimated that the other party thought there was a lot of cash in the bag."


  Mo Zhendong said that after the incident, the bank had organized personnel to look for the trash can at the incident site, "because these things are useless to robbers." He said that the bank also organized personnel to go to the sanitation department to contact the cleaning staff. Later, it will also search for the lost summons through the media and give some cash rewards to those who find it.


  "Two of the three gangsters were armed with guns and one was armed with a hammer. Fortunately, the employees were relatively calm, so there was no danger, no casualties were caused, and the bank did not suffer losses." Mo Zhendong said that after the incident, two employees recorded the license plate number of the robbers and called the police. "The lost documents involve nearly a thousand customers, and we hope to get them back as soon as possible."


  [Police]: Snatched two packages of bank drafts and 600 yuan cash.


  The reporter’s on-site investigation found that the location of the incident happened to be a road intersection, and the road traffic was very convenient.


  The afternoon before yesterday, Chang ‘an Town Public Security Bureau informed the media about the case. At 10: 40 am on March 16, Chang ‘an Public Security Bureau received a phone call from Mo Moumou, saying that he and his colleague Mo Mou drove two bags containing subpoenas and money orders to the Chang ‘an Business Department of the bank and were stopped and robbed when they went to Shabian Community Park Road, Qilong Road, Chang ‘an Town.


  Two of the men controlled Mo Moumou and Mo Mou with weapons, and those who controlled Mo Mou robbed him of 600 yuan cash.


  It is understood that the subpoenas and bills of exchange snatched by criminal suspects cannot be exchanged. According to preliminary investigation, three suspects may think that the Jinbei van is a bank withdrawal customer. At present, the public security organs in Chang ‘an have set up checkpoints on major traffic routes and stepped up patrols to fully pursue the suspects. At present, the case is still under investigation.


  Is it a real gun?


  Zhu Wei, director of the office of Chang ‘an Town Public Security Bureau, told me that according to the transcripts of two bank parties, two of the three gangsters were armed with guns, about 10 cm long. "Whether the real gun is still uncertain. Because the gangster did not shoot at the scene. "


  Is there any money in it?


  Zhu Wei also told me that all three gangsters spoke Cantonese and didn’t wear masks or gloves. The reason for this may be that these gangsters didn’t know that the car was the bank’s work car, and they thought that Momo proposed from the bank that the two heavy bags were filled with cash, but they didn’t expect that the bags were full of bank bills and had no money.


  Will it leak?


  Mo Zhendong said that although these business subpoenas have the names and account numbers of customers, the gangsters do not have the passwords of customers, so the bank information of these customers is safe.


  According to Guangzhou Daily

Editor: Zhang Renhe

Deep blue G318 has a pure battery life of 77-146km, about 300,000 yuan. Anyone buy it?

After the development in recent years, new energy vehicles have become the dominant force in the market, bringing vitality to the whole market that has not been seen for many years. Small and medium-sized MPV, hard-core off-road vehicles, pickup trucks and other original niche models have also become popular.

The dark blue car, which developed well in 2023, is also preparing to join the off-road vehicle war. Recently, some media have exposed some information about the Deep Blue G318. This is the first time that the Deep Blue brand has tried this model, so can it gain a firm foothold?

Deep blue G318, where is it like an off-road vehicle?

Judging from the information released so far, the Deep Blue G318 adopts a load-bearing body, which may prove that it is not the traditional off-road vehicle. However, in recent years, many off-road vehicles have also adopted load-bearing bodies, which is not a big problem. Judging from other information exposed by Deep Blue G318, this car should be heading for a hard-core off-road vehicle.

First of all, the dark blue G318 adopts a classic square box shape, and the front line is simple, atmospheric and full of wildness. In addition, the new car also uses thick front and rear bumpers. This style is obviously different from the Deep Blue SL03 and Deep Blue S7 currently on sale by Deep Blue Auto.

The closed front face, simple and atmospheric headlights, and the roof spotlights in the official pictures can all prove that it is a hard-core off-road vehicle.

It can be proved that the dark blue G318 is a hard-core off-road vehicle, as well as its side-lift tailgate and external spare tire, which are also the classic design elements of off-road vehicles. From the exposed pictures, we can also see the design of trailer hook, which is also prepared for outdoor rescue and extrication.

At the same time, the dark blue G318 will also have the function of in-situ U-turn, but from the information that has been exposed, it can’t reach the level of looking up at U8. The in-situ U-turn of the dark blue G318 only refers to a smaller turning radius, and the principle is that the rear wheels are intermittently locked. From an objective point of view, this function is quite practical in some outdoor environments.

The four-wheel drive system common on hard-core off-road vehicles is not absent from this car, and it also has the qualification of towing. This design is also very common in the hard-core off-road vehicle circle. It can be said that the original design intention of Deep Blue G318 is to make it a hard-core off-road vehicle.

The new car is positioned in a medium-sized SUV, but its wheelbase is only 2880mm, so it is called a medium-sized SUV or more appropriate. At the same time, the deep blue G318 also adopted the traditional five-seat layout, without any innovation. In addition to these basic performances, Deep Blue G318 will also provide users with a variety of original factory extensions such as roof rack, roof spotlights, electric pedals and spare tires.

Is it also extended-range electric?

So far, the new energy off-road vehicles with better performance are basically hybrid models, and tank 500, tank 400, looking up at U8 and Equation Leopard 5 are all good examples.

In fact, it is not difficult to understand that the environment of off-road vehicles is harsh, and many times they are driving in the outdoor environment. Consumers are very sensitive to the situation of "no electricity". The current pure electric vehicles can never solve the problem of battery life, so the deep blue G318 adopts an extended-range electric system.

The new car is equipped with a 1.5T turbocharged engine as a range extender with a maximum power of 110kW. This power is not strong, but it can meet the demand if it is only used for power generation. In addition, the new car is divided into two versions: single motor and dual motor. The former has a total power of 185kW and the latter has a total power of 316kW. All models are equipped with lithium iron phosphate batteries.

According to the application information of the network transmission, the new car is expected to provide two kinds of batteries of 18.99 degrees and 35.07 degrees. The pure electric cruising range of the entry model is 77 kilometers, and the pure electric cruising range of the other models is between 138 and 146 kilometers earlier. Such cruising range can be used as a pure electric vehicle in some working conditions.

Deep blue brand is good at extended-range electric, and the extended-range electric system can also avoid all kinds of shortcomings of pure electric vehicles. Such a power system can dispel users’ doubts about this car and get their approval faster.

How much is the right price?

After the product performance is determined, the rest is the price issue. According to the online news, the price of Deep Blue G318 may be around 300,000 yuan, but judging from the situation of Deep Blue SL03 and Deep Blue S7, the price of the main models of Deep Blue should be around 200,000 yuan, even if we want to open up the off-road vehicle market, the price will not be so high.

What’s more, on top of the deep blue brand, Changan Automobile has a higher positioning of the Aouita brand. If it really wants to pay more than 300,000 yuan for off-road vehicles, it should also be given to Aouita. At present, the Deep Blue G318 has not shown enough core technology to deal with the tank 500 or the equation Leopard 5, so this car may take the cost-effective route.

After the development of Great Wall, BYD and other manufacturers, new energy off-road vehicles have been recognized by more and more users. Deep blue G318 doesn’t need to compete with those high-end models. It just needs to use the identity of new energy to bring users lower car cost and better car experience than traditional fuel vehicles, and it has already achieved its goal.

Who will buy this car?

From an objective point of view, with the technical accumulation of the deep blue brand, it is unlikely that it will come up with a hard-core off-road vehicle with strong performance in the short term, but it should be noted that consumers pay attention to practicality rather than how advanced the technology is, so the prospect of the deep blue G318 is still good.

The approach angle of the dark blue G318 reaches 27 degrees, and the departure angle reaches 31 degrees, which exceeds the general SUV model, which will bring stronger passability; Its extended-range electric system can significantly reduce the cost of car use; In addition, the new car may also provide external discharge function and stronger entertainment function, and the driver assistance system can reach L2 level at least.

Only these can attract users who like camping and light cross-country around the city. With the rise of camping economy, this user group is gradually expanding. Therefore, if the dark blue G318 can give a more reasonable price, there is still great hope to occupy a place in the off-road vehicle market.

Summary: At present, all market segments are rapidly transforming into new energy sources, and the off-road vehicle market is no exception. Deep blue G318 may be difficult to compete with Wangwang, Equation Leopard and Tank, but if consumers only use cars around the city, then deep blue G318 can still meet the needs. After the new car goes on the market, it will play a good role in promoting the sales of deep blue cars.

Beijing Mercedes-Benz has made another subversive work. The listing of Mercedes-Benz GLA will be robbed!

When talking about a car model, the first thing you should talk about is its line drawing. In terms of line drawing, the Mercedes-Benz family-style off-road style is adopted, and the chrome-plated air intake grille is very three-dimensional. The unique headlights on both sides are shaped, and the internal light groups are patchy and bright. The profile of the car body is still the unique streamlined car body of Mercedes-Benz, and the enchanting figure is even more vividly displayed! In addition, it makes its sports atmosphere more intense. At the same time, the reasonable proportion of luggage compartment cover and enclosure also gives the tail shape too much visual center of gravity, and the design of taillights is also interesting, which shows great personality after lighting.

In the interior style, Mercedes-Benz GLA emphasizes luxury and brilliance. The steering wheel in the car is wrapped with leather material, which is very comfortable in texture and touch. The central control area is made of plastic, leather and metal, and the materials and workmanship look quite satisfactory. The 8.0-inch suspended large screen has simple screen design but complete functions. The front row is also equipped with a manual air conditioning control system, which can freely debug the most comfortable space atmosphere. Leather seats give passengers just the right support and soft and comfortable touch.

The length, width and height are 4446×1849×1625mm respectively, and the wheelbase has reached 2729mm. In the same class, the wheelbase of Mercedes-Benz GLA ranks 45th. The skylight of Mercedes-Benz Glaglagla 220 4 MATIC provides a wider view, which can create a better visual environment and good sensitivity for the rear passengers and increase the light entrance for the whole vehicle. Among the models of the same price and class, the trunk volume of Mercedes-Benz GLA ranks 34th. Spatial performance is limited by vehicle positioning, and the performance is acceptable, and the flatness is no problem, but the total space is average.

Mercedes-Benz GLA is equipped with a combination of 2.0 turbocharged engine (direct injection) and wet dual clutch (DCT). It will definitely bring unforgettable control charm. Mercedes-Benz GLA’s official measured zero acceleration score is 8.1S, ranking 53rd among 250,000-400,000 SUV models.

The active/passive safety configuration of Mercedes-Benz GLA is complete, includingAutomatic parkingZero tire pressure endurance tireAutomatic parkingSteep slope descenthill start assist controlknee airbagHUD head-up displayAnti-lock braking (ABS)Braking force distribution (EBD/CBC, etc.)Brake assist (EBA/BAS, etc.)Traction control (ASR/TCS, etc.)Active noise reductionEngine start and stopSide safety air curtainWireless charging of mobile phonenight vision systemLED daytime running lightsForward reversing radarTire pressure monitoringSteering wheel heatingBody stability control (ESP/DSC, etc.)Rear reversing radarFatigue reminderRemote parkingChild seat interfaceLane keeping (LKAS)Equal configuration.

Among them,Automatic parkingYou can avoid stepping on the brakes for a long time or needing to pull frequently;Steep slope descentCan safely pass through steep slope road conditions at low speed;knee airbagReduce the injury of the car interior to the occupant’s knees in the secondary collision.

In order to get a more comprehensive and objective understanding of Mercedes-Benz GLA, you can go to the Easy Car Mercedes-Benz GLA Forum and browse the messages of users who have purchased the car in history.

Audi joined F1, who climbed who? | Sports events

Economic observation of original half-moon sports

Author: half moon

Words in this article: 3366 words

Suggested reading time: 11 minutes

After the long-lost offseason, the starting signal of F1 finally lights up again.

On February 29th, Beijing time, the opening match of the 2024 F1 season started in bahrain international circuit. In the first race of the new season, Red Bull Team still maintained a strong performance. In 2023, driver champion Vestapan and teammate Perez won the championship and runner-up, while the five major teams-Red Bull, Ferrari, McLaren, Mei Ben and Aston Martin-won the top ten.

In the competition for the "Earth Group", Guanyu Zhou of Sauber Team won successfully and achieved the 11th place. Bahrain can be called the "blessed land" for China drivers. In the mid-2022 season, Guanyu Zhou’s F1 "debut" was staged in Bahrain, and the first show, the tenth successful score, surprised the paddock.

For Sauber, Guanyu Zhou’s stable performance in the past three years has lived up to their vision of material selection. However, as a "small team", Sauber needs to tap the potential of the car and introduce more resources to support it if he wants to make further progress in F1.

Sauber will wait for another two years, and in the 2026 season, Audi will start to enter the market.

The second plum blossom? Audi wants to acquire 100% equity of Sauber Team.

Before talking about Audi’s entry into F1, let’s review several key nodes.

First, at the end of August 2022, Audi officially announced that it would enter F1 in 2026. Marcus duesman, then chairman of Audi’s board of directors, said that it is an excellent opportunity for Audi to enter F1 by adopting the new competition rules of power unit in 2026.

Second, on October 26th, 2022, Audi officially announced that it would choose Sauber as its strategic partner to enter F1. Sauber will compete as an Audi factory team and use the power unit provided by Audi.

Third, in January 2023, Audi officially announced the acquisition of a minority stake in Sauber. Duesman, the former CEO of Audi, planned to gradually acquire most of Sober’s shares through a three-year plan. However, according to recent reports, Gernoth dorna, who took over from duesman, adjusted his plan to seek 100% control at the end of 2023. It is rumored that Oliver Hofmann, chief technology officer of Audi, will step down as CTO and take over the F1 project.

Audi wants to hold 100% of Sauber, just like the heart of Si Mazhao, which is well known. Audi’s ambition to enter F1 is nothing more than trying to make some achievements in F1. The last time a well-known car brand that was talked about by car fans bought a team and entered F1, it was also the German Trident. At that time, Mei Ben, also known as Durham Group, and its partner Aabar Investment Company acquired 75.1% and 24.9% shares of Brown GP Team in November 2009 and February 2011, respectively, and formally entered the paddock.

With strong R&D and investment, Mei Ben started the Eight Crown Dynasty. Also backed by the powerful Volkswagen Group, there is no reason for fans not to believe that Audi will make a breakthrough in the paddock, and even "re-carve" Mei Ben’s achievements.

The way to enter F1 is not only to acquire the existing fleet, but also to "expand the army". Why not choose the latter? Cost and adaptability may be the two major factors that Audi chooses to acquire.

Compared with the way of "expanding the army", the cost of Audi’s acquisition of Sauber team to enter F1 is obviously lower. Especially considering the overall appreciation of F1 events, letting a new team join means that the profits of 10 teams are less now. The lack of "cake" is obviously not happy for those with vested interests.

According to the 2023 financial report released by Free Media Group a few days ago, the total dividends of 10 F1 teams increased from $1.157 billion in 2022 to $1.215 billion in 2023.

In 2023, Team Andreetti of the United States has publicly stated that it wants to join the ranks of F1. Even though the FIA’s attitude is to expand the F1 market, especially the American market, nothing happened in the end. The prerequisite for Andreetti team to join is to pay a fee of 200 million US dollars, which is equivalent to buying F1 seats to compensate other teams.

The cost of $200 million is not a stumbling block for Audi, but it is the most difficult to win the consent of the other 10 teams. The lobbying cost and time cost involved are the most "expensive" for Audi. Instead of stumbling, it is better to buy a "Earth Group" team directly.

Secondly, the acquisition of Sauber will also enable Audi to retain the main team working structure after entering F1. As the apple of today’s motor racing, the operation of an F1 team involves many aspects, and these staff will play a key role in helping Audi to adapt to the pace of the paddock. Although Audi has a long history in racing, the German brand still needs to learn and adapt in F1.

According to foreign media reports, in the three years from 2023 to 2025, Audi will acquire 75% of Sauber’s shares for 450 million US dollars, while Sauber’s team’s valuation is about 600 million US dollars. This figure is less than 1% for Audi Group, which earned more than 61.8 billion euros (about 67 billion US dollars) in fiscal year 2022.

The new regulations in 2026 are in line with Audi’s strategic goals.

The importance of power unit to F1 racing car, I believe fans must know it very well. In August 2022, the FIA officially announced that in the 2026 season, the brand-new F1 power unit will be officially implemented. This will be the biggest change in the F1 power unit since the application of the V6 engine of the hybrid power system in 2014.

The most obvious change is that the new power unit puts more emphasis on electric energy and sustainable fuel. The power output of the new power unit will be tripled, and the transition from 120kW to 350kW motor-generator will bring more power. After introducing more powerful electric energy, the peak output of the system will exceed 1000 horsepower. The application of sustainable fuels has always been the direction of F1 efforts. F1 aims to fully use 100% sustainable fuel in 2026. These two tasks will make F1 stadium more environmentally friendly.

It is worth mentioning that the key to Audi’s entry into F1 is that the FIA abolished the energy recovery system called MGU-H in the new regulations in 2026. In short, MGU-H can provide power for MGU-K by converting thermal energy in exhaust gas into electrical energy, and the latter’s function is to convert kinetic energy generated during braking into electrical energy.

As a very advanced and complex technology, MGU-H is very expensive to build and is one of the more expensive parts in racing cars. So this is also a power component that many teams and engine suppliers want to abolish. Audi is willing to join the F1 competition because the MGU-H parts are excluded from the new regulations.

Under the new rules of power unit, it means that all teams will return to the same starting line. This is undoubtedly good news for the new Audi. Otherwise, if F1 is added before 2026, the power unit that has been used for two or three years will be equivalent to "invalid" in the 2026 season. From the perspective of time cost and money cost, it is obviously not in line with the actual situation. Then under the new rules, Audi and other teams set off at the same starting line.

In the final analysis, "electrification, environmental protection and sustainability" is still the core of Audi’s entry into F1, which is also where the new regulations in 2026 are in line with the strategic objectives of Audi Group. From the company level, audi ag has been emphasizing electrification and sustainable strategy in recent years. In March 2021, Volkswagen released the "ACCELERATE strategy", one of which was to accelerate the electrification transformation.

As for 100% sustainable fuel, it has always been the development goal of Volkswagen Group. The goal of German automobile brands is to achieve carbon neutrality in 2050.

Thus, from the strategic goal, the new F1 power unit regulations in 2026 are in line with the efforts of Audi and Volkswagen Group. This can partly explain why Audi chose to enter F1 in 2026.

Audi entered F1 for what?

Audi or Volkswagen has long been expected to enter the F1 track.

The reason lies in Audi’s accumulation in motor racing. Fans who are familiar with Audi brand or motorsport must know that Audi’s important DNA is motorsport spirit, and this brand has a history of 100 years. German brands have appeared in world-famous automobile races, and have achieved brilliant results in many races, but they have not appeared in F1 at the top of the pyramid in the form of motorcades.

Audi’s last and most important piece of racing puzzle will finally be put together in 2026. With the addition of Audi, F1 has added more attractions and topics. For Audi, there have been many opportunities to join F1, but why did it not enter until now? The reasons behind it are worth exploring. In my opinion, there are four main reasons.

First, the rising value of F1 events. After the free media group took over, the income and attention of F1 events increased greatly. According to the 2023 financial report of Free Media Group, the total revenue of F1 in 2023 was $3.222 billion, a year-on-year increase of 25%, and the operating profit also increased from $239 million to $392 million, a year-on-year increase of 64%.

The rising revenue of F1 events means that the penetration of motor racing is deepening to some extent. Then Audi, whose brand DNA is motorsport, has no reason not to join in today’s F1 race. With its years of experience and technical accumulation in motor racing, Audi’s journey in F1 may bring surprises to fans.

Secondly, it is the brand strategy of F1 and Audi. As mentioned above, Audi has accelerated the transformation of electrification. Under the application of the new rules, Audi can transfer the technology of hybrid power unit to the commercial models in the future through the practice in F1. It is foreseeable that electric vehicles will become the mainstream of the automobile market in the near future, so the technology and experience acquired by Audi in F1 will enhance Audi’s competitiveness in the wave of electrification.

In addition, it is Audi’s strategy of deepening youth and digitalization, which is also what F1 has been doing in recent years. The documentary "Drive to Survive" co-produced by F1 and Netflix created many highlights and topics for this event on streaming media, and successfully attracted a large number of new fans. A considerable part of these fans are young audiences, and Audi is also a car brand that emphasizes youthfulness. For Audi, this young audience may be one of the potential consumers of Audi’s target. Therefore, Audi’s brand strategy is consistent with the audience of F1 events today, which is also an important factor.

The third point is that both F1 and Audi are eyeing the China and American markets. China is Audi’s largest market in the world, accounting for 38.37% of its sales in 2023. China’s first F1 driver, Guanyu Zhou, played for Sauber, which cooperated with Audi. To some extent, this has promoted the development of motor racing in China. However, it is still unknown whether Guanyu Zhou will continue to play for the team in 2026. But what is certain is that Audi wants to continue to increase its market share in China, and Guanyu Zhou is their best choice.

As for the American market, it is also an important target of Audi’s efforts. In the American market in 2023, Audi sold 228,000 new cars, a year-on-year increase of 22%. At the same time, the United States is also a key market for F1. In the F1 race of the 2024 season, the United States occupied three sub-stations. This is enough to show the importance of the American market to F1. In other words, Audi can join hands with F1 to enhance its influence in the American market.

Finally, the key factor is that domenicali, the chairman and CEO of F1, once worked in Audi Group. In the process of Audi’s decision to enter F1, the "lobbying" role played by Italians was not ruled out. Domenicali, who has been at the helm of F1 since January 2021, once said that he would like to see more new manufacturers join F1.

In my opinion, rather than saying that Audi wants to join F1, F1 also wants Audi to join-several world-renowned automobile brands compete for the championship in F1, which will inevitably make the attention of the event by going up one flight of stairs, enhance the attention and correspondingly increase the income of the event. Therefore, the ultimate beneficiaries of Audi’s participation in F1 may be F1 events and the 10 teams in the paddock.

After all, everyone is good, which is really good.

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Original title: "Audi joined F1, who climbed who? | Sports Events

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After the 1.1 billion yuan "advertising door", BYD still has a big alarm.

  After 1.1 billion yuan of "advertising door",There is also a big alarm.

  BYD has always been regarded by many people as the leader of domestic new energy vehicles and the spokesperson of domestic independent brands. In just five years after listing, the operating income reached 100 billion yuan. However, with the release of the 2017 annual report and the first quarter report of 2018, it shows that BYD’s operating conditions are not optimistic. This paper discusses and analyzes BYD’s operating conditions from the financial point of view.

  Affected by the decline in subsidies for new energy vehicles, BYD’s net profit in 2017 fell by 19.5% year-on-year, and its net profit in the first quarter of 2018 plummeted by 83.1% year-on-year. And in a quarterly report, it is estimated that the net profit attributable to shareholders of listed companies will drop by 82.59% to 70.98% from January to June this year.

  The 1.1 billion "advertising door" incident in July this year pushed BYD to the forefront of public opinion. Some critics outside believe that such an incident has exposed some problems in BYD’s management. Will management problems have an impact on the company’s business? We can observe its real operating ability and financial situation by analyzing its financial statements.

  The difficulty of profitability and growth ability

  Table 1 BYD’s gross profit margin in 2015-2018

  Table 2 BYD’s net interest rate in each period from 2015 to 2018

  As can be seen from the chart comparison, although BYD’s gross profit margin has declined slightly in recent years, it is still relatively stable, but the net profit rate has generally declined since 2017, reaching 1.07% in the first quarter of 2018, down 71.16% year-on-year. At the same time, according to the 2017 annual report, although BYD’s operating income increased by 2.36% year-on-year, its net profit returned to its mother decreased by -19.51% year-on-year, and its non-net profit decreased by 35%. Then we will horizontally analyze the results of BYD’s main business income and gross profit margin in 2017 compared with the same industry to determine the reasons for the decrease in profits. BYD’s main business is mobile phone parts and assembly, automobiles and related products, rechargeable batteries and photovoltaics. We take Foxconn, Beiqi New Energy,For comparison.

  Table 3 Comparison of gross profit margin and changes of BYD’s main businesses with the same industry in 2017

  It can be concluded that the yield of BYD’s mobile phone sector and assembly industry is good, but the yield of automobile industry and battery and photovoltaic industry is worrying.

  On the whole, there are four reasons.

  First, the state subsidies for new energy vehicles have fallen sharply. In 2017, the subsidies for new energy vehicles fell by about 20%, which directly led to the decline of the company’s performance. If the new energy policy continues, this unfavorable factor will continue.

  Second, industry competition has intensified. I am in 2017The total sales volume of automobiles in the whole year was 777,000, and all major automobile companies showed strong interest in the field of new energy vehicles, such as established BAIC, GAC and SAIC, and emerging Weilai and Tucki, which doubled the pressure on BYD. And in 2018, joint venture brands also began to enter the market, and BYD will face more intense competition.

  Thirdly, BYD’s power battery industry is under great technical pressure. At the same time, it has been suppressed by Contemporary Amperex Technology Co., Limited, and its battery sales have been surpassed.

  Fourth, considering the cost, the prices of the four core raw materials for manufacturing batteries have risen steadily, which has greatly reduced BYD’s battery profits. It is predicted that if these four problems can’t be solved in time or enterprises can’t find another way in the future, BYD’s profitability and growth ability will continue to decline.

  Table 4 Sales volume of domestic mainstream independent brand new energy vehicles in 2017

  Pressure of debt repayment

  Table 5 BYD in 2015-2017,Solvency index

  Comparing BYD with two companies in the same industry, it is found that BYD’s solvency is significantly lower than that of the other two companies, which deserves our attention. In particular, the quick ratio and cash ratio are far lower than those in the same industry, which shows that there are risks in the short-term solvency of enterprises, and cash and cash equivalents are difficult to repay the current liabilities borne by enterprises. At the same time, it also proves that BYD’s accounts receivable and inventory are relatively high in the same industry. Then let’s analyze the status of BYD’s inventory, accounts receivable and prepayments.

  Table 6 Changes of BYD’s inventory, accounts receivable and prepayments in 2015-2017

  BYD’s accounts receivable increased by 24.20%, prepayments increased by 312.24%, and inventory increased by 14.32%, which was amazing. These data potentially show that BYD does not hesitate to sell on credit in order to expand the market and improve its competitiveness. At the same time, its bargaining power has begun to weaken in the face of suppliers. Excessive inventory also affects the turnover efficiency of enterprises and increases the occupation of funds. All these situations are warning the increasing financial pressure of enterprises.

  Operational capacity that needs to be improved urgently

  Table 7 Operating Capacity Indicators of BYD, Changan Automobile and Yutong Bus in 2015-2017

  The data shows that BYD is also under pressure compared with its peers in terms of operational capacity. Compared with the industry, BYD’s inventory turnover days, total assets turnover rate and average collection period are weak. In 2017, average collection period is even 21 times that of Changan Automobile, while the inventory turnover days are about 4 times that of Yutong Bus, which reflects the poor liquidity of enterprises and highlights the urgent need for improvement in their current assets management.

  The core reason why the 1.1 billion "advertising door" incident has had such a great impact on BYD is that once this incident is settled, BYD needs to bear part of the responsibility, which is undoubtedly unbearable for investors. After all, BYD’s net profit in the first quarter of this year was only 102 million yuan.

  No matter from the "advertising door" incident or the above analysis of BYD’s operation from the financial indicators, they all sounded the alarm for BYD’s management. As a leader in energy vehicles, it needs perfect corporate governance, and more importantly, it needs excellent results to repay investors. Otherwise, investors will vote with their feet.