Comprehensive strategic cooperation! Huawei signs a contract with Cyrus

Every editor, Zhang Jinhe    

According to the official account "Huawei Digital Energy",On January 4, the joint stock company of Cyrus Group (hereinafter referred to as "Cyrus Group") and Huawei Digital Energy Technology Co., Ltd. (hereinafter referred to as "Huawei Digital Energy") signed a comprehensive strategic cooperation agreement in Shenzhen.The two sides will conduct comprehensive strategic cooperation in the fields of new energy vehicle intelligent electric component products, new energy vehicle platform technology development and application, new energy vehicle charging network construction and operation, and new energy vehicle internationalization.On this basis, both partiesWe will jointly create competitive products that pursue the ultimate user experience, build an industrial ecosystem, and jointly promote the high-quality development of the new energy automobile industry.

Hou Jinlong, President of Huawei Digital Energy Technology Co., Ltd., Dai Jingyue, President of Huawei Digital Energy Intelligent Electric MKT and Sales Service, Wang Chao, President of Huawei Digital Energy Intelligent Electric Product Line, He Bo, President of Huawei Digital Energy Data Center Energy and Key Power Supply Product Line, Zhang Xinghai, Chairperson (Founder) of Cyrus Group, He Liyang, President of Cyrus Automobile AITO BU, and Zhang Liao, President of Cyrus Automobile AITO BU COO, attended the signing ceremony. Huawei Digital Energy Intelligent Electric MKT and Dai Jingyue, President of Sales Service, and Zhang Liao, President of Cyrus Automobile AITO BU COO, signed the contract on behalf of both parties.

Sailis Group and Huawei Digital Energy signed a comprehensive strategic cooperation agreement, picture source: official account "Huawei Digital Energy"

Based on Huawei Digital Energy’s accumulation in digital technology and power electronics technology, as well as the advantages of Sailis Group in the research and development, manufacturing, sales and service of new energy vehicles, the two parties have reached a comprehensive strategic cooperation agreement.According to the agreement, the two sides will focus on deepening cooperation in the following areas:

In terms of intelligent electric component products, we will jointly develop and manufacture electric drive, vehicle charging, range extension system, intelligent photovoltaic, chassis fusion system, braking-by-wire, all-in-one drive system and other component products.

In the innovative cost reduction cooperation of intelligent electric vehicles, we will achieve cost reduction through E2E technology innovation and scale, and accelerate the commercialization of intelligent electric solutions.

In terms of product and technology joint development, we will jointly create highly competitive products and technical solutions to provide consumers with the ultimate product experience.

In terms of charging network overcharging alliances and services, we will jointly promote the deployment of new energy vehicle charging and overcharging networks to achieve platform interoperability.

In terms of international cooperation, we will jointly promote the technological development of international products and the expansion of international markets.

The cooperation between Huawei Digital Energy and Cyrus Group can be traced back to 2018. The two sides began to cooperate in the field of smart electric vehicles, and successfully achieved mass production in 2021. Subsequent models such as AITO M5 and M7 have been widely recognized by the market and users. Looking to the future, the two sides will explore deeper cooperation models to jointly promote the high-quality development of new energy vehicles.

On December 26, 2023, at the Q World M9 and Huawei Winter Full Scene Conference,Ask the M9 to go public.The new car launched a total of four models in the form of extended range and pure electric power.The price range is 469,800 to 569,800 yuan.Among them, the extended range 52-kWh electric version has a comprehensive battery life of 1402 kilometers (CLTC working condition) under full oil and full power; the pure electric version is equipped with 800Vhigh pressureThe silicon carbide platform has a battery life of 150 kilometers in 5 minutes and a battery life of 630 kilometers in CLTC conditions. The first batch of new cars will be delivered on January 26, 2024, and large-scale deliveries will start on February 26.

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Picture source: Photo by Sun Lei, every reporter 

As a collection of Huawei’s many technologies, known as the highest "Chinese content" of the current model, the M9 has high hopes from Huawei. At the above press conference, Yu Chengdong revealed that the current M9 reservation volume has exceeded 54,000. And Sailis predicted to the "Daily Economic News" reporter that the steady-state monthly sales of the M9 in 2023 are expected to be around 10,000. In addition,Yu Chengdong once said that the Q Jie M9 "will redefine the 10 million yuanThe best smart SUV. "

The company’s official website shows that Sailis Automobile was founded in 1986. It is a technology-based manufacturing enterprise with new energy vehicles as its core business. It has 20,000 employees, a class A share listed company, and one of the top 500 Chinese enterprises. The business involves the research and development, manufacturing, sales and service of new energy vehicles and core three electric, traditional automobiles and core components assemblies.

In 2022, the operating income was 34.105 billion yuan, an increase of 104% year-on-year; among them, the new energy vehicle business achieved revenue of 24.934 billion yuan for the whole year, an increase of 482.8% year-on-year, accounting for 73.1% of the company’s operating income. As the company’s core growth engine, the new energy vehicle business continued to make efforts. In 2022, the cumulative production and sales of new energy vehicles were 139,132 and 135,054, an increase of 233.6% and 225.9% year-on-year. The data growth far exceeded the industry average.

The company has always adhered to innovation-driven, long-term approach, and business success. Adhering to the mission of "driving the transformation of automotive energy and creating a smart mobile life", it has deeply cultivated technological innovation and focused on technological self-research. It is in a leading position in Sandian technology, range extension technology, electronic and electrical architecture and super electric drive intelligent technology platform (DE-i).The annual R & D investment in 2022 is 3.106 billion yuan, and the core R & D investment of AITO has exceeded 12 billion yuan.

From January to September 2023, Sailis (SH601127) had a total operating income of 16.68 billion yuan, down 27.86% year-on-year; net profit – 2.294 billion yuan, up 14.23% year-on-year. As of the close of class A share on January 4, the share price of Sailis was 69.52 yuan, down 4.62%, and the market value was 104.96 billion yuan.

Daily economic news comprehensive official account "Huawei digital energy", public information

Disclaimer: The content of the article is for reference only and does not constitute investment advice. Investors operate accordingly at their own risk.