With the advantages of intelligence+electrification+user thinking, what has "layman" Huawei brought to the new energy industry?

The leap from consumer electronics to intelligent new energy is not a simple reuse of chip algorithms, but a change in industrial models and consumption habits. In September, the retail penetration rate of new energy vehicles officially exceeded 30%. In other words, smart new energy has become a "conventional option" for consumers to buy cars, and the market has gradually returned to the most rational competitive level. After the blowout of the market, brand competition is more like a head player’s competition. Only by truly relying on brand influence and sense of value to seize users’ minds can we have a chance. Recently, Yu Chengdong, CEO of BG, Huawei’s terminal, and CEO of BU, a smart car solution, deeply analyzed Huawei’s empowerment of AITO brand in an exclusive interview with the media. In the new energy SHIC, AITO seems to have run out of a completely different way to break through.

The choice of new car brands is a science.

After a hundred years of development, the automobile has always followed the model of OEM+supplier. The OEM is responsible for the R&D and manufacturing of the car body, the whole power system, electrified equipment, etc., while the parts and configurations such as brake system and tires are finally manufactured by outsourcing the parts of suppliers.

But in the new energy era, the industrial model was broken. From internal combustion engine to motor, it is not only the change of energy form, but more importantly, the production of the whole vehicle can be in the form of "assembly". Anyone who has played four-wheel drive knows that in order to be faster than others on that small track, we need to constantly develop which brand of motor, which brand of shell and even which brand of transmission shaft to use.

Therefore, for new car brands, what needs to be tightly held in their own hands and how to choose the focus of research and development has become a profound proposition.

In an interview, Mr. Yu bluntly said: "In the whole new energy track, Huawei can’t do everything. Our batteries are not done. We have some areas with division of labor. However, what we are doing in the field that Huawei is good at is electrification and intelligence, especially intelligence is a unique value brought by Huawei. "

There is a specialization in the technical field, so it’s appropriate to put it here. In the AITO brand jointly built by Huawei and Cyrus, we can see that Huawei firmly grasps its own intelligent core such as chips, software and algorithms, including system cloud services and AI cluster training. It is not a supplier, but participates in the research and development of the car, and implants its own mature intelligent technology from the first step of building the car, which is a precedent in the industry.

To improve Huawei’s intelligence, the HarmonyOS ecology is absolutely unavoidable. Two characteristics: deep learning algorithm and seamless interconnection of multiple devices. Let’s talk about the first point. Taking air conditioners as an example, Huawei pursues intelligence, which is not only that users control air conditioners to a specific temperature by voice, but that equipment automatically adjusts temperature according to various conditions such as room temperature and state. The second point is that there is a very stable connection and data transmission mode between devices within the ecosystem, and developers only need to develop the APP once to deploy it at multiple ends.

It is with these two capabilities that the AITO brand’s models have become the first models in the industry to realize the intelligent interconnection of the whole scene, completing the last link of mobile travel. A simple example, when the user starts to navigate on the mobile phone and logs in the same HarmonyOS account in the car, the navigation can be seamlessly transferred to the car, and when getting off the bus, it can be automatically transferred back to the mobile phone and switched to walking navigation. On the M7, the function of super desktop is further realized. The application operation of mobile phone and smart screen can be directly switched to the car machine and the hardware in the car can be called, which is a unique car intelligent experience in the industry.

Behind this, Huawei’s deep accumulation in the ICT field is the key. All the hardware, software and algorithms are self-developed. As a result, there are almost no barriers when matching the software and hardware of multiple devices, and the cost is lower and the experience is better. It even gives people a sense of ruin in the automotive field.

Another core technical advantage of Huawei is electrification. The M7 in the world adopts HUAWEI DriveOne pure electric drive extended range platform and adopts H15RT 1.5T four-cylinder turbocharged engine, with thermal efficiency as high as 41% and oil-electricity conversion efficiency of 3.13kWh/L.. The 40kWh power battery pack carried on the vehicle comes from Contemporary Amperex Technology Co., Limited, and the pure battery life of the CLTC of the whole vehicle can reach more than 200km, the battery life of the CLTC with full oil and full electricity can reach 1220km, and the fuel consumption per 100km is as low as 5.8L. Behind this series of data, it is enough to prove that Huawei’s empowerment of AITO brand not only brings leading smart devices, but also does quite well in the core power system.

Digging deep down, the AITO brand is more like returning to the car-making mode of the big manufacturers in the traditional fuel vehicle era, and Huawei has played a central role from the inside out.

User thinking is the key to building intelligent new energy.

In the interview video, Mr. Yu said: "We are consumer electronics, and we pay far more attention to the user experience than the traditional car factory." We can easily see Huawei’s ingenuity in asking M7. The first is space. The M7 not only uses the McPherson front suspension which takes up less space, but also builds a 6-in-1 range extender powertrain, thus achieving greater utilization of the passenger compartment space. In the wheelbase of 2820mm, the passenger compartment space is 2605mm, in which the longitudinal space of the third row reaches 808mm, and the maximum angle of the seat back can be adjusted to 33. Question M7 clearly defines the "big" of the Big Six.

For users, "big" is not enough, but also comfortable. The second row of M7 brought the first zero-gravity seat in the industry. The so-called zero gravity means that the average pressure of the backrest, seat cushion and legs is basically close to zero, which can make the body relax to the extreme. Moreover, in order not to affect the co-pilot’s ride, the M7 can also move the seat to the center line of the vehicle through the transverse slide rail to obtain more space. Of course, M7 naturally has not forgotten that a series of complicated adjustments can be made by the user just by pressing a button.

Therefore, in the video, Mr. Yu was quite proud to mention the zero-gravity seat: "The concept of zero-gravity seat has been put forward for many years, and no one has commercialized it yet. AITO asked M7 to be the first to commercialize the zero-gravity seat on a large scale."

Going back to the above dynamic parameters is also a major consideration for Huawei to empower the user experience of smart pure electric vehicles. Extended-range hybrid brings better acceleration performance, lower fuel consumption and better ride comfort than fuel vehicles, and can achieve twice the acceleration performance and only half the fuel consumption, even compared with plug-in, it has advantages in ride comfort and extreme speed performance by virtue of using electricity in all working conditions.

Directly from Mr. Yu’s thinking about users’ actual working conditions, we can also have a peek. At this stage, if pure electric vehicles are charged, the first thing is to queue up, and the second charging may take half an hour or an hour. You can use both electricity and oil, which can greatly increase convenience. The fuel tank is equivalent to 200 kWh, plus the original 40 kWh in the car, which is equivalent to the cruising range of 240 kWh.

With the ability to create a complete solution, Huawei embodies the user’s thinking in the manufacturing of intelligent new energy, with many points and a wide range.

Summary:

With the development of intelligent new energy today, users have changed from passive purchase to active purchase. They will not only compare the appearance, interior and power like a fuel car, but more importantly, they will start to think about what kind of new era intelligent experience this car can bring me. Is it advanced enough? In other words, just need to satisfy and intelligent curiosity are indispensable.

Huawei came to the field of intelligent new energy across the border, and in a short period of time, it directly upgraded the electrification and intelligence of the industry to a considerable level. Moreover, Huawei has been telling users that the original car machine can still play like this, and the original performance and efficiency are not two contradictions. The original big car can also be driven easily. If intelligence is its dominant field, tackling key problems in automobile is more like a concentrated display of enterprise’s fighting spirit.

As Mr. Yu said in the video: "Our vision is to make life simpler, more convenient, more comfortable, more elegant and better through our creation and innovative technology." In this regard, Huawei’s deep empowerment of the AITO brand has taken a solid step. No retreat is the real road to victory. In the rapidly changing intelligent new energy competition, only by digging a deep enough technical moat can we have a place for the head player.

Guangxi subject three, began to rule the world.

People who are not interested in online celebrity may scoff, thinking that these twisted and unhygienic movements are unattractive.

But facts speak louder than words, and subject three is really popular. In Tik Tok, the video broadcast volume of subject three is calculated according to billions.

Some brothers who took the driver’s license test couldn’t even find the teaching of subject three, so they could only create a topic of # subject three driving practice #.

As the original producing area of subject three, domestic netizens are also actively scoring.

Not only Haidilao, but also the familiar BGM will be sounded wherever someone appears, and then the dancers will follow the rhythm.

Even the master of the film stream, who became popular in his early years, began to do preschool education for his niece and personally went off to train.

Looking at the smooth twisting posture of the older generation of artists, it is not difficult to guess how many exercises he has done behind his back.

What is even more outrageous is that subject three is very hot all over the world. If you don’t jump subject three, you will be abandoned by the carriage of the times.

On the other side of the Taiwan Strait, in Taiwan Province Province, China, Hong Xiuzhu, the former chairman of the China Kuomintang, went on stage in person and easily won after ten seconds of learning.

Shake hands and crush hand-disabled netizens, and Taiwanese clothes are well deserved.

Don’t think that three subjects are difficult to be elegant.

Joanna, the world champion of Latin dance, told everyone that Latin and ballet are not necessarily the only classical dances in the center of the dance floor, but subject three can also appear in the spotlight.

In order to prove this point of view, a large number of foreign friends began to publish their own performance scenes of subject three on tiktok, and presented their opinions with practical actions.

No matter whether it is near the Aegean Sea or under Mount Fuji, foreigners are indispensable to study hard and practice hard.

In this situation, I can only say: very good, love from China.

Perhaps MacArthur, a five-star general, can hardly comment on the magic of subject three.

If you want to know why it swept the world, you must analyze it from the beginning.

First of all, why is subject three called subject three?

The original name of subject three is Guangxi subject three. As the name implies, it originated in Guangxi and came from the same hometown as the "Molou Literature" which recently caught fire.

It is said that the source of subject three is a wedding scene in Guangxi, where people dance. Since then, the internet has spread, and Guangxi people have to go through three exams in their lives, namely, singing folk songs in subject one, rice noodles in subject two, and dancing in subject three.

Subject three didn’t suddenly catch fire. As early as a few months ago, it had a small fire on the Internet. Now, if you flip through any video platform, you can still find the video with millions of plays at that time.

The turning point of the fate of the subject three exploded and went global was November 19.

In a Haidilao store, two Tik Tok bloggers dressed in Haidilao work clothes danced in subject three, and got more than three million broadcasts.

Subject Sanhe and Haidilao, two whole partners, quickly fermented on the Internet, and successively boarded hot searches on platforms such as Baidu and Weibo, attracting many netizens to visit and study.

Strictly speaking, the success of subject three is at least half the credit of Haidilao.

For a long time after the video became popular, subject three and Haidilao were bound together, and the relationship between them was as inseparable as the first love between men and women.

Many people went to Haidilao specially to watch the performance of subject three.

The waiters in Haidilao study hard and practice hard, and regard subject three as a compulsory course in the workplace.

This is not a joke. On November 28th, Haidilao confirmed that the employees of Haidilao Store in Wuxi, Jiangsu Province were praised for dancing "Subject III" and were rewarded with 3,000 yuan.

Although, after the media reported that employees didn’t get a commission for skipping subject three, it was just an involution between stores, but this was another story.

Because at this stage, subject three has completed the original flow accumulation.

Skip subject three = there is flow, and the formula is as simple as that, depending on whether you copy it or not.

If Haidilao has helped to lay a popular traffic foundation for Subject III, then the Dreamers Dance Troupe in Taiwan Province Province of China is the main reason for helping Subject III go global.

Harry, the head of Dreamers Dance Company, shot a lot of videos in Tik Tok as early as the eve of the popularity of Subject 3.

In addition to stopping Taiwanese sisters and grandmothers on the street, and then asking them to come to Section III, he also joined friends from the mainland to dance in public, which can be said to be a family member on both sides of the strait.

This dance company promoted subject three everywhere in Taiwan Province Province, China, so that subject three was on fire on the other side to an unimaginable extent.

It can be said that the popularity of subject three in Taiwan Province province of China has his contribution.

Through the springboard of Taiwan Province Province, China, the subject III began to spread all over the world. Demonic movements and brainwashing music have brought no less impact to foreign netizens than the "snowflakes fluttering in the north wind" a few years ago.

On the other hand, countless contents are produced on the Internet every day, and most of them have become cyber garbage in the corner. Why can subject III stand out and become the focus of people’s attention?

In fact, if you have paid attention to social shaking, it is not difficult to find that since the emergence of video media, the matter of "shaking" has never disappeared in our field of vision.

Even if you think it is rustic and scoff at it, when a uniform social video appears in front of you, you can’t help but stop and watch it.

Are you a shaking m? Obviously not. Just because the rockers are really attractive.

In 2014, the National Social Shake Zone set up by Mei Pai made the dance of "Shake" begin to appear.

At that time, this unique form of dance was a hot topic in the western media, and they also translated the social shaking English according to Chinese:Social Shake Look at the foreign brother who has never been exposed to social shaking.

In this primitive era of the rockers, Pai Pai Qi was equivalent to the first savage who drilled wood to make fire.

As a social youth who graduated from technical secondary school, he earned tens of millions by relying on society. However, in 2018, the brand Qi was banned because of disturbing people’s dancing regardless of the occasion, which caused bad influence.

But social unrest is not dead. It is like the Spring and Autumn Period and the Warring States Period after the Zhou Dynasty, and it split into several overlords.

One school is Xi ‘an Yao, which was born in the ancient capital of Xi ‘an. It is characterized by fewer dancers in the same dance, basically 2-3 people.

Xi ‘an Shake is also called "Pacific Rim Driver Training" because of its synchronization and rhythm.

The other school is Qinghai Yao, who was born in Qinghai.

This school has a local flavor at first, and its dancing and background are very casual. But in the middle and late period, Zhang Shiyao began to become the leader of Qinghai Shake and mastered the right to speak.

Maybe you don’t know who Zhang Shiyao is. Maybe you will know after reading this picture.

However, this does not mean that Xi ‘an Yao and Qinghai Yao occupy absolute heat, and many dancers rely on their own characteristics of deus ex at this stage.

For example, in 2020, the swaying sun exploded for a while.

He tried to add a story of being beaten in the face before the dance. At that moment, I couldn’t tell whether I was watching la la land or Breaking the Sky, which started with a broken marriage.

"Ghost!"

In addition to swinging the sun, the Lord of the shadow stream mentioned above also has to be mentioned.

Because of the silky body movements than Dove and the rough special effects of one gasification and three cleanings, the master of shadow flow quickly became popular and became the darling of netizen Erchuang.

In addition to these ancient artists, there is also a UP master named Yao Sheng Y, who broke into the world of rockers in the embarrassing post-social rocking era in 2022.

In the first video, he wore a small suit, squeezed out the crowded corn field, and then swayed wildly in the Yuan Ye in bgm, Interstellar.

I don’t know whether this dance is to conquer the audience in front of the screen or to conquer the sea of stars.

He gave a new explanation to social swing: swing is a cry of freedom and an attempt to break the bondage.

It doesn’t have too many rules and regulations, only human primitive desire to vent and express.

Simply put, don’t think too much, just twist it.

This is a way to decompress, it gives people a sense of freedom, just like when you were particularly happy in childhood, you looked alive and kicking, and you felt that you had inexhaustible energy. It seems that the whole world is making friends with yourself.

When we grow up, we are embarrassed to swing like this, and social swing has become a substitute. Dancers don’t care about the eyes of people around them, and their body movements are not bound by other dance types. They just need to dance wildly to the music.

Even if you don’t like jumping, you will be infected when you watch it.

So you see, every once in a while, the network will put a kind of rocking dance culture on the altar.

In 2014, it was a social shake, in 2018, it was a Xi ‘an Qinghai shake, in 2020, it was the master of shadow flow, it was a swaying sun, in 2022, it was Yao Sheng, and at the end of 2023, it was subject three.

But the difference of this subject is that it has aroused great resonance all over the world, allowing netizens around the world to take the initiative to participate in the second creation.

What is even more admirable is that in this era when the communication between countries and regions is very fragmented, subject III has simply become a friendly bridge for people-to-people communication.

In Tik Tok, there was an English girl named Make Love Beautiful, who became popular because she was good at our "rocking" culture.

Coordinate Great Britain, but it is frequently divided into provinces in China, imitating different styles of vibrators around the country.

I don’t know if it’s because she has a profound study of rock culture. In May, she began to pay attention to subject three.

In the comment area of this British big sister, domestic netizens can’t hold their breath.

At first, everyone thought that she was just rubbing the heat, playing with rotten stalks and accumulating pieces of Cullinan like other shakers.

But after a long time, everyone found that this big sister really enjoyed it, just like this.

Perhaps the human race is an armed helicopter, which is why we are so obsessed with the spinning flower hand.

Britain, so far away from China, has fallen, not to mention the countries near China.

For example, Singapore, which has a deeper understanding of Chinese, has stolen the slogan of "creating a myth with a small slope".

The cultural output effect of those things that you usually brush away with video is not as strong as usual.

Subject 3 is such a thing that spans races and countries. When shaking, you don’t have to respect authority, don’t care whether the action is standard, and don’t worry about offending anyone or offending anyone.

Because it has no meaning except freedom and happiness.

No matter who you are, you can swing freely in the camera, and everyone is treated equally in front of subject three.

Isn’t this a great unity of the people of the world?

write an article: Zhang Dadong edit: Mangshan welding head front cover: Xuan Xuan

Pictures and data sources

Tik Tok user dreamer Harry Harrikane-head, love beauty

Bilibili user’s main stream 1, Yao Sheng Y, Zhang Shiyao’s personal number, two-dimensional swing Yang.

In 2024, can Xiaomi Automobile really respond to the expectation of rice noodles?

After the poor Baowo car was divided, Xiaomi, who was qualified to build a car, was finally able to build a factory to build a car. At the recent group meeting in Beijing, Xiaomi CEO Lei Jun confirmed that the progress of Xiaomi’s car-making project exceeded expectations and it can be mass-produced in the first half of next year.

The long-awaited "young people’s first car" is coming, but in 2022, the share of new energy vehicles in China has accounted for about 25% of the total car sales, and there are a wide variety of new energy vehicles. Is Xiaomi really worth looking forward to?

The true nature of price/performance ratio, can Xiaomi Automobile inherit?

Cost performance is undoubtedly the most distinctive feature of Xiaomi’s mobile phones, computers and other products. The same price configuration is relatively high, and the same configuration price is relatively low. In 2011, when the low-end chip mobile phone dared to sell for three or four thousand yuan, Xiaomi’s mobile phone with flagship core dared to sell for 1999 yuan. With its high cost performance, Xiaomi’s mobile phone has gained a large number of digital talents and young consumers soon after it went on the market.

So, can Xiaomi’s cost-effective concept continue to the automobile?

Earlier, Xiaomi Automobile has exposed some news on the Internet, including some configuration, design and price of the model. According to the exposed information, Xiaomi’s first product is a high-end car, with two versions, both equipped with Qualcomm’s next-generation intelligent cockpit chip and NVIDIA’s Orin X chip, equipped with lidar and a 15.6-inch central control screen.

Orin X is not uncommon in high-end models in the past two years, but NVIDIA has released a stronger Thor car chip, which is 8 times more powerful than the former, and the real car may be upgraded. The application of NVIDIA chip and lidar is to provide support for autonomous driving technology. In official website, Xiaomi Automobile introduced its own self-driving technology in great length, and plans to enter the first camp of the industry in 2024.

Source: Xiaomi Automobile

The low version of Xiaomi Automobile is equipped with BYD lithium iron phosphate battery, based on 400V platform, and the high version is equipped with Contemporary Amperex Technology Co., Limited Kirin battery, based on 800V platform. In terms of system, Xiaomi, who was born in the Internet and mobile phone industry, has a high probability of making a system that is not bad, and can be interconnected with Xiaomi Smart Home. At this stage, Xiaomi has launched CarWith, which is similar to Apple CarPlay, allowing users to experience some functions of the Xiaomi car system in advance.

Whether the configuration is attractive enough or not depends on the price. There are many rumors about the price of Xiaomi car on the Internet. Some people broke the news that Xiaomi car started at more than 100,000 yuan, while others said that the low version started at 300,000 yuan, and the high version started at 350,000 yuan to 400,000 yuan, which is a big gap. Previously, Lei Jun had initiated a vote in Weibo, asking about the price of the first electric car that Rice Noodle hoped Xiaomi would get. 150,000 ~ 200,000 yuan won the most votes, followed by 200,000 ~ 300,000 yuan, and the option above 300,000 yuan got the least votes.

Source: Weibo screenshot

According to the current situation of the new energy automobile industry, Xiaolei thinks that the price of Xiaomi’s first car with low version will be around 200,000 ~ 280,000 yuan, and the high version is expected to be 280,000 ~ 350,000 yuan.Apart from Weibo’s votes, the most important thing is that the new energy automobile industry is in a period of rapid development, and it is appropriate to enter the high-end market now, but the price is too high for new brands to support, and 200,000 yuan is the starting line for high-end cars.

What’s more, Xiaomi’s configuration is not bad. The low-profile version is likely to lose BYD Seal, as well as the flagship chips of NVIDIA and Qualcomm, and the price is unlikely to be less than 200,000 yuan. Although it is said that some high prices have been exposed on the Internet, it is not certain that Lei Jun will "persuade executives overnight" to reduce the price of cars. Cost-effective ratio is probably the least worrying place for Xiaomi Automobile. Even Lei Jun once said that Xiaomi Automobile mainly relies on software fees to make profits.

However, whether the first product launched by a new brand of Xiaomi Automobile is mature, whether the after-sales service system is perfect, and whether it is direct sales or distribution mode are all places that may worry consumers.The most important thing is that Xiaomi seems to be a little too low-key, which is not a good thing for new brands entering the automobile industry.

The low-key millet is in sharp contrast with the high-profile Meizu.

In the mobile phone industry, Xiaomi has always been high-profile. As the top five mobile phone manufacturers in China, Xiaomi has a high-profile qualification. However, after entering the automobile industry, Xiaomi is very low-key. Instead, it is Meizu, Huawei and other original mobile phone industries, and the manufacturers entering the automobile field are extremely high-profile.

Huawei, an industry giant, can say that Meizu has always regarded Xiaomi as its main rival since it entered the mobile phone industry. However, due to various problems, there are many fans, but the sales volume is not high enough. It has been a year and a half since the release of Meizu 18s series, and there is no new machine released in Meizu. However, the voice of Meizu has never been quiet, but it has announced its own plans in a high-profile manner, such as the layout of Meizu 20 and Meizu in the automotive field.

Meizu has announced that it will hold the largest new product launch conference in the history of Meizu at Shanghai Benz Cultural Center on March 14th. If there is no accident, at this conference, Meizu will talk about its plans in the automotive field like Xiaomi. In essence, Xiaomi and Meizu have taken different paths. Meizu and Huawei have become supply chain enterprises in the automotive field, mainly relying on cooperation with car companies. Meizu’s primary partner is Geely.

Source: Meizu

For Meizu and Huawei, high-profile can not only attract consumers, but also attract partners. Xiaomi, on the other hand, has to build its own car and take the asset-oriented route. Compared with building gimmicks and creating momentum, it is more important to develop steadily on the ground now.As for the product momentum, compared with other new car-making forces, Xiaomi’s biggest advantage is that Xiaomi itself is not a new brand, and it can drain cars from the mobile phone business.

Building a car by yourself is much more risky than being a supply chain enterprise. Therefore, when Xiaomi announced to build a car, many netizens and the media thought that Xiaomi was going the wrong way. Let’s not say that there are many new forces to build cars. Those old car companies are insurmountable mountains for Xiaomi. Changan Automobile, Geely Automobile, Great Wall Motor, Chery Automobile and other car companies, the sales of electric vehicles are all overwhelming, but the voice on the Internet is small.

Xiaomi’s car-making is a gamble, with high risks and high returns. If you win the bet, you will win everything. Even if you lose the bet, you will sell the car-making qualification, assets and technology, thanks to some money.

Source: Xiaomi

At present, it is too early to discuss the route of making cars between Xiaomi and Meizu. Even Meizu may not have the will to build their own cars. Even Huawei, which once said that it would never build a car, put Huawei logo on the posters in the world, and it has a very high control over the products. Meizu doesn’t build cars, maybe it’s just because Meizu doesn’t have enough inside information and financial resources.

As consumers, we don’t care which route of Xiaomi, Meizu and Huawei is more correct. What we care about is that the value of Xiaomi car is not worth waiting for.

The industry is ever-changing, is Xiaomi car worth waiting for?

In 2021, Celeste Huawei’s SF5 was officially released. As the first product jointly developed by Huawei and Celeste, this car gained a huge momentum after it went on the market, and it received 3,000 orders in two days. As a result, it was weak and did not achieve too high sales. After the second-generation products went on the market, they sold more than 75,000 vehicles in 10 months before they really entered the first echelon of the new force of building cars.

Source: Wenjie Automobile

In 2022 and 2023, the new energy automobile industry became more and more mature. Some established automobile companies released new brands to enter the market, and some new car-making forces quietly fell behind. Even in Tucki and Wenzhou, sales in the first two months of this year showed signs of falling behind. In order to seize market share, car companies have released new products, and the industry is changing with each passing day. Is it worth waiting for the late Xiaomi car?

To be honest, Xiaomi’s first product has a high probability of testing water, which may be immature in all aspects and difficult to measure. The hardware and software of this car will not be bad, but after the inexperienced Xiaomi integrates it, there may be some incongruities. For consumers who pursue perfect products, the reliability of Xiaomi’s first-generation cars may be a little worse.

No product can mature as soon as it comes up. Only by constantly updating and iterating and perfecting the existing problems of the product can the product finally become perfect.Xiaomi also understands this truth, so the first product has not been released and put into mass production, and the second generation product of Xiaomi Automobile has been exposed. The internal code of this product is "Lemans Le Mans", which is the city where the extremely famous "24-hour Le Mans Endurance Race" is located.

With the experience of the first generation of products, Xiaomi’s second generation car will be more perfect in both software and hardware, as well as in the sales and after-sales service system.Xiaomi Le Mans Automobile is expected to be launched in 2025, and then it may be the best time for rice noodles to buy Xiaomi Automobile.

Cover source: Xiaomi

Release and delivery: AITO asks the new M7 series to go on the market.

On September 12th, the new M7 series of AITO was launched. At the press conference, Yu Chengdong, managing director of Huawei, CEO of BG and CEO of BU, a smart car solution, said: "We have invested 500 million yuan in the new M7 series of AITO, using high-quality materials and advanced technology, no matter in the intelligent cockpit, intelligent driving or intelligent safety, they all performed well, bringing users a quality experience."

Event site. Photo courtesy of the organizer

Event site. Photo courtesy of the organizer

It is understood that the new M7 in Wenjie is equipped with HUAWEI ADS 2.0 high-order intelligent driving system, which can realize high-speed and urban high-order intelligent driving without relying on high-precision maps. It is expected that in December this year, the urban intelligent driving navigation assistance function (urban NCA) will be realized nationwide. Since its release in April 2023, HUAWEI ADS 2.0 has built a rich scene library on the AI ? ? training cluster, learning 10 million +km in depth every day, and continuously optimizing intelligent driving algorithms and scene strategies.

At the same time, the new M7 is equipped with a variety of sensing hardware, which can realize the full scene and all-weather sensing of dynamic and static targets. HarmonyOS intelligent cockpit has the functions of super desktop and off-line voice navigation. HUAWEI MagLinkTM in the back row can expand the new gameplay of space scenes and realize multi-device linkage.

In addition, the new M7 fully considers the needs of family travel, and has spacious effective space in the car. The standard trunk volume is 686L, which can easily accommodate 12 20-inch suitcases. When the two rows of seats are laid down and connected with the trunk, two people can lie flat and easily meet the needs of multi-scene vehicles.

Data map. Photo courtesy of the organizer

Data map. Photo courtesy of the organizer

In terms of passive safety, the new M7 adopts advanced body structure and high-strength materials, and introduces CBS composite body materials, which effectively improves the collision safety; In terms of active safety, the new M7 is equipped with HUAWEI ADS 2.0 active safety system, which realizes the forward, lateral and backward all-round anti-collision ability and provides a higher level of protection for drivers and passengers.

Data map. Photo courtesy of the organizer

Data map. Photo courtesy of the organizer

At the launch conference, Yu Chengdong held a delivery ceremony for the small order users during the Chengdu Auto Show, and the new M7 was delivered as soon as it was released, which shortened the waiting period of users after ordering, and improved consumers’ car purchase and car use experience. (Ma Chunpeng)

Huawei participated in the 2023 Digital Technology Ecology Conference with new products from all scenes.

    From November 10th to 13th, the 2023 Digital Technology Ecology Conference, organized by China Telecom and many domestic and foreign enterprises, was held in Guangzhou. During the exhibition, as a long-term partner of China Telecom, Huawei Terminal presented at the conference with the latest terminal products, new M7, and full-scenario solutions.

    At the 2023 Digital Technology Ecology Conference, Huawei terminals demonstrated cutting-edge technologies such as satellite communication and intelligent driving, and also brought the newly released extraordinary master brand products to the scene for the guests to experience. Huawei terminals have recently launched new products in their respective fields to boost the rapid development of the industry.

    In this exhibition, Huawei Terminal won the 2023 Eco-cooperation Award from China Telecom.

    Ask the new M7 in the world to lead the intellectual drive upgrade.

    Recently, a number of new energy automobile companies announced the delivery of new cars in October 2023. Among them, AITO has shown a strong growth momentum. In October, AITO series delivered 12,700 new cars, of which 10,500 new cars were delivered by the new M7, and the delivery of a single model exceeded 10,000 in a single month, a record high.

    At the exhibition site, Huawei also brought two cars, the M5 Intelligent Driving Edition and the new M7, for the audience to experience a new generation of smart cars on the spot. It is reported that the HUAWEI ADS 2.0 high-order intelligent driving system of the new M7 will realize high-speed and high-order intelligent driving on urban roads without relying on high-precision maps.

    In addition, the perception ability of HUAWEI ADS 2.0 has also raised the intellectual driving level of the new M7 to a new level. Relying on BEV perception ability and GOD 2.0 network ability, it can easily identify what the object is. According to the official introduction, the recognition rate of the object can reach 99.9%, which provides better support for vehicles to avoid risks, especially in the more complicated road environment in urban areas, making the intelligent driving system truly a thinking brain.

    Yu Chengdong once said that Huawei has invested as much as 500 million yuan in research and development expenses to support the upgrading of the new M7. According to the official introduction, in order to further enhance the delivery capacity, the industry has invested more than 1 billion yuan to ensure the quality and quantity of delivery. At present, the continuous high investment is making Huawei’s smart car selection business win positive feedback from the market and continue to be favored by consumers.

   Two-way satellite communication shows the king’s demeanor

    Huawei satellite communication has also ushered in an update. Satellite communication technology was first installed on HUAWEI Mate 50 series mobile phones. Although it only supports Beidou satellite one-way information transmission, it has opened up a new track for the development of smart phones in the future. Since then, Huawei has continued to iterate this technology. HUAWEI P60 series has brought two-way Beidou satellite messages, which means that users can send messages and receivers can reply to messages. The newly released HUAWEI Mate 60 Pro+ has dual satellite communication function. When there is no terrestrial network, it not only supports two-way messages, but also supports satellite calls as long as the satellite package is opened.

    Compared with mobile communication, satellite communication plays an important role in the environment without the coverage of communication base stations. However, due to the difficulties in application, satellite communication can only be used in commercial scenes for a long time, and it is difficult for satellite calls to be popularized.

    The launch of HUAWEI Mate 60 Pro+ dual satellite communication function has a great driving effect on the upstream and downstream industrial chains. Because the market will mature with the growth of demand scale, the market growth can drive the whole chain to run through. With the development of more and more related application scenarios such as marine fishery, emergency rescue, tourism adventure and Internet of Things, more brands will invest in the research and development of this function, and satellite calls will also erupt in the field of smart phones.

    All the new ecological products in the whole scene are exhibited.

    Previously, Huawei held an autumn full-scene conference and released a number of new full-scene ecological products. At the exhibition site, there are three complete scene areas: sports health, terminal government and enterprise and whole house intelligence, and a variety of new products of Huawei terminals and multi-device collaborative scenes are displayed for the audience to experience.

    For example, the extraordinary master smart watch of HUAWEI WATCH ULTIMATE DESIGN at the Huawei Autumn Full Scene Conference also appeared in this Huawei terminal exhibition area. As Huawei’s first gold smart watch, it combines 18K precious gold in material technology; The 13.2-inch Huawei MatePad Pro brings a brand-new PC-level WPS Office, combined with the intelligent interaction of HarmonyOS, which brings a better PC-level office experience and realizes the document synchronization between PC and mobile phone. HUAWEI FreeBuds Pro 3 TWS headphones use the star flash technology, which improves the physical bandwidth by 4 times and the anti-interference ability by 2 times, and has lossless sound quality with super CD quality.

    At the Huawei Developers Conference in 2023, Yu Chengdong revealed that the number of ecological devices in HarmonyOS has exceeded 700 million, and 2.2 million Harmony OS developers have invested in the development of the HarmonyOS world. Huawei terminals have always had a clear category plan for the full-scenario business line, and at the same time, their ecological positioning has been more refined. In the future, the continuous construction of the "1+8+N" full-scenario ecology will continue to promote the high-quality development of the industry.

    From mobile phones, wearables, routers and other multi-product fields to consumer and business fields, Huawei terminals and operators’ partners have always maintained close cooperation. The Huawei terminal exhibition area also has a terminal government and enterprise area for the live audience to experience.

Mr. and Mrs. Xiaomi, Vice Chairman, donated 100 million yuan!

Every edited He Xiaotao Zhang Jinhe    

According to the news of WeChat official account of Sun Yat-sen University on April 17th, Sun Yat-sen University alumni couple, Mr. Lin Bin, co-founder and vice-chairman of Xiaomi Group, and Ms. Liu Xiangdong, president of Lin Bin Liu Xiangdong Foundation, donated 100 million yuan to their alma mater in their own names.

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Image source: Sun Yat-sen University

It is worth noting that on November 12, 2024, Sun Yat-sen University will celebrate its 100th anniversary.

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On the eve of the centenary of the alma mater

Vice Chairman Xiaomi and his wife donated 100 million yuan.

 

The Lin Bin Liu Xiangdong alumni couple donated 100 million yuan to their alma mater, which will be used for the construction of the Liu Xiangdong Cultural and Sports Center in Lin Bin and the establishment of the Lin Bin Liu Xiangdong Scholarship Hong Danhua Scholarship, which will provide better learning and working conditions for teachers and students at school and inject strong alumni strength into Sun Yat-sen University’s new century-long journey.

Lin Bin Liu Xiangdong Cultural and Sports Center is planned to be built in the south campus of Guangzhou Campus, with an initial planning area of 12,000 square meters. There will be a heated swimming pool, tennis court, badminton court and table tennis hall for teachers and students to exercise and relax.

The Liu Xiangdong Scholarship in Lin Bin, named after Mr. and Mrs. Liu Xiangdong, Lin Bin, will be distributed in ten years, and will inspire 30 undergraduate and graduate students with excellent academic performance every year.

Hong Danhua Scholarship named after Lin Bin’s mother will inspire 10 medical students with excellent academic performance every year.

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Lin Bin and Liu Xiangdong alumni couple took a group photo at the South Campus of Guangzhou Campus of Sun Yat-sen University when they graduated that year.Image source: Sun Yat-sen University

Lin Bin delivered a speech at the signing ceremony of the donation, saying, "My mother, sister and brother-in-law, cousins, uncles and other relatives all graduated from Sun Yat-sen Medical College, and our family are all middle-aged adults. My alma mater has laid a career path and development for me. Sun Yat-sen University is the best university in my heart, and there is no one. I hope that more alumni can support the construction of their alma mater, have the money to pay, and make great efforts to jointly build their alma mater into the best university in the world. "

On April 17th, Lin Bin wrote in Weibo, "Today, on the eve of the centenary of Sun Yat-sen University, I returned to the campus of the University, as if I had traveled back to my youth. Thirty-eight years ago, this was the starting point of my dream pursuit, and every corner was filled with the fragrance of knowledge and the breath of youth. "

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In 2021, Lin Bin donated 60 million shares of Class B Xiaomi Group to Xiaomi Foundation, which attracted wide attention. According to the statistics of Hurun Research Institute, Lin Bin’s donation has entered the 10th place in the Hurun Charity List in 2022. According to the closing price on the announcement date, the value is about 940 million yuan.

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His net worth is 38 billion yuan

He co-founded Xiaomi with Lei Jun.

 

Official website of Xiaomi Group shows that Lin Bin, born in February 1968, obtained a bachelor’s degree in radio and electronic engineering from Sun Yat-sen University in July 1990 and a master’s degree in science from Drexel University in June 1992. He is currently the executive director, co-founder and vice chairman of Xiaomi Group. Chairman of Xiaomi Hong Kong Foundation.

Lin Bin co-founded the company with Lei Jun in 2010 and served as the president of the company until 2019, and then served as the vice chairman. In the early days of the company’s establishment, Lin Bin was responsible for the company’s recruitment, personnel, administration, legal affairs, finance and other daily operations, as well as strategic cooperation with core suppliers and international business development including India and Indonesia. Later, Lin Bin was also responsible for domestic market sales, after-sales service and the company’s mobile phone business.

Before adding Xiaomi,Lin BinFrom 2006 to 2010, he worked as an engineering director in Google, and from 1995 to 2006, he worked as a software design engineer, software design engineer supervisor, software design engineering manager and engineering director in Microsoft. Prior to this, Lin Bin worked as a network engineer in ADP Company since May 1993.

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图片来源:小米集团

公开信息显示,林斌持有小米集团9.34%股份,按公司4月17日港股收盘价16.28港元计算,林斌持有股份市值约为350.64亿元。

2024年3月25日,胡润研究院发布《2024胡润全球富豪榜》,林斌以380亿元人民币财富位列榜单595位。

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图片来源:胡润百富官网

编辑|何小桃 张锦河 盖源源

校对|程鹏

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每日经济新闻综合中山大学公众号、林斌微博、胡润百富官网、小米集团官网

Sunac executives were lost; Youku responded that "non-members watched the drama for more than 3,000 seconds"; Bilibili apologizes for uploading real photos of users. What’s the news of big companies?

Internet]

Youku responded that "non-members see more than 3,000 seconds of advertisements in the drama": the copy shows the problem and does not increase the advertising time.

On April 13th, in response to a netizen’s claim that non-members encountered a "3000-second advertisement" countdown while watching a drama at Kumiao, Youku responded that after investigation, the "3000-second advertisement" oolong incident was an occasional bug in version history, which was a display problem of countdown copy, and actually did not increase the advertising time. The new version has been fixed, and Youku Customer Service has not received any complaints from users with similar problems. (Interface)

Bilibili apologized for uploading real photos of users.

On April 13th, the official account of bilibili Game Zone said that the event lacked sufficient hints about "uploading real photos of users during the bilibili event", and solemnly apologized to all users who participated in the event. At present, bilibili has revised the activity page for the first time, adding a clear pop-up reminder before releasing the video, and adding the function of directly saving pictures/videos. (Interface)

The official fee for nailing the meeting begins: the free version will be limited in terms of meeting length, number of people and functional rights.

The nail conference has officially launched the charging strategy recently. The commercialization strategy of nailing is based on professional version, exclusive version and exclusive version, and other single products are sold independently. After this adjustment, the standard version (free version) will support up to 25 people and 45 minutes in a single meeting, and an enterprise can support up to 5 meetings at the same time. Enterprises can purchase professional/exclusive versions to gain more benefits, and they can also purchase more paid meetings on this basis. (36Kr)

Baidu Xiaoyang: Wang Xiaochuan has been out of the front line for too long, and it is indeed not in a universe with us.

Earlier, Wang Xiaochuan spoke to the media about Li Yanhong’s interview: "You may interview him (Li Yanhong) in a parallel world, not in our world." Regarding Wang Xiaochuan’s comments, Xiao Yang, vice president of Baidu Group and head of the search platform, responded that Baidu, as an AI, always believes in the value of long-termism. We have never avoided the gap with foreign countries, but we all know where this gap is. "One day in the sky, one year on earth", Wang Xiaochuan has been out of the front line for too long, and is really not in a universe with us. Naturally, he lacks understanding of the development of domestic artificial intelligence technology. Of course, we very much hope that if China can run out of a company like OpenAI, but how can I put it? At that time, sogou also decided to replace Baidu search, and the result was obvious. So it’s hard to evaluate, so I wish him success! (36Kr)

Jingdong Logistics Structure Adjustment: Debon is not in the scope.

On April 13th, someone close to JD.COM confirmed that Jingdong Logistics had recently launched a round of organizational adjustment. Specifically, the business department system is implemented at the headquarters, and the front desk business department is established by focusing on core businesses such as supply chain and express delivery. At the regional level, the original seven regional divisions are cancelled, and the provinces are regarded as specific business units, which directly report to the heads of relevant business departments at the headquarters; At the same time, the powers and responsibilities of the provinces have also changed greatly, and they will have greater rights in business decision-making, management, personnel appointment and dismissal. It is also known that Debon Logistics, which was just acquired by Jingdong Logistics, is not within the scope of this adjustment. (21 Finance)

The function of QQ mailbox associated with email account will be offline.

Some netizens received the announcement issued by Tencent QQ mailbox, saying that the function of "associated email account" of QQ mailbox will terminate its service. According to the announcement, due to business adjustment, the "associated email account" function of QQ mailbox will be terminated on May 15, 2023. After the service is terminated, the associated email account will be automatically disassociated. Users can use multiple email accounts at the same time by clicking the "Switch Accounts" function in the upper right corner of the email home page. (IT house)

Tik Tok responded to the rumor that the e-commerce team changed blood: the news is not true

Recently, it was reported that Byte E-commerce was carrying out a round of personnel exchange, with the proportion reaching 20%, involving both Tik Tok E-commerce and international E-commerce. In this regard, the relevant person in charge of Tik Tok E-commerce said: The news is untrue. (science and technology innovation board Daily)

Meituan Enterprise Edition was released, covering catering, travel and other services.

Meituan released Meituan Enterprise Edition, an enterprise consumption management service platform, which provides services such as hospitality, customized group meals and corporate travel for enterprise users. (Interface)

Zhihu’s large model "Knowing the Chart AI" was released, and the large model function "Hot List Summary" started internal testing.

On April 13th, at the 2023 Zhihu Discovery Conference, Zhihu released the large-scale model "Know the Chart AI", and the first large-scale model function "Hot List Summary" was launched for internal testing. It is reported that the large model of "Knowing the Chart AI" was jointly trained by Wall Intelligence and Zhihu.

Zhihu announced the direction of "Haiyan Plan 5.0"

Zhihu held "2023 Zhihu Discovery Conference" in Beijing. Wei Chi, the person in charge of Zhihu’s science field, announced the direction of "Haiyan Plan 5.0" at the conference: anchor the professional creators to increase their weight, and get a maximum of 5 times of traffic and powder weighting, and cooperate with multiple channels to help professional creators realize their cash. (All-weather technology)

Kunlun Wanwei replied to the letter of concern, prompting the possible risks of Tiangong 3.5.

On April 13th, Kunlun Wanwei replied to the letter of concern of Shenzhen Stock Exchange, saying that Tiangong 3.5, which was jointly developed by the company and Singularity Zhiyuan, is still in the testing stage. The company once again reminds investors that there are great uncertainties in whether the subsequent commercialization can be successfully realized and its impact on the company’s financial situation.

Yinyuetai returns, and App is now available for download.

On April 13th, Weibo, the official of Yinyuetai, announced the official return, and the App of the new Yinyuetai has been opened for download.

Musk: Twitter is launching a creator subscription

Twitter CEO Musk tweeted on Thursday that the platform is launching creator subscriptions. He wrote: "We are setting off a wave of subscription by creators! Suitable for long texts, pictures or videos. " When asked if the platform is also sharing advertising revenue for creators, Musk replied: "We are working hard. Twitter has a surprisingly complex code base, so the progress is slower than we hoped. " (Sina Finance)

Musk said that the acquisition of Twitter was involuntary: under the pressure of the court, the board of directors "forced me with a gun."

In an interview, Musk admitted that the acquisition of Twitter was under the pressure of the court. Musk ridiculed the BBC reporter that after the acquisition of Twitter, the attitude of the company’s board of directors had made a 180-degree turn. (澎湃)

Amazon: investing heavily in big language models and generative AI.

Andy Jassy, CEO of Amazon, released the annual shareholder letter, saying that the company is investing heavily in large-scale language models (LLMS) and generative artificial intelligence.

Meta artificial intelligence director: AI doesn’t know the world as well as your cat.

Yann Lecun, director of the artificial intelligence laboratory of Meta Company, gave a detailed answer to his views on the development of artificial intelligence and ChatGPT, an AI chat robot, in a public talk show on French Radio on April 12th. Le Cun believes that ChatGPT is a good product, but from the perspective of scientific development, it is not revolutionary technology at all. Le Cun said that the AI chat robot is still "very superficial" because its knowledge structure only exists in "a large number of text libraries" and lacks understanding of the real physical world. "To some extent, this kind of AI system knows much less about the real world than your cat." He said.

[technology circle]

Xiaomi Group: Application for Adding RMB Counter

On the evening of April 13, Xiaomi Group announced on the Hong Kong Stock Exchange that on April 13, 2023, the Company had submitted an application for adding RMB counters to support the plan of the Stock Exchange of Hong Kong Limited to introduce the HK$-RMB dual counter model.

Nokia Germany "hunts" vivo! The two sides made the latest response to the progress of patent litigation.

German court ruled in the first instance that vivo infringed Nokia. Vivo said that it is appealing and will suspend the sales and marketing of related products in official German channels if necessary. Nokia said it hopes to reach a license with China mobile phone manufacturers "on fair terms".

Apple: 100% recycled cobalt will be used in batteries in 2025.

On April 13th, Apple announced that it will use 100% recycled cobalt in all Apple-designed batteries in 2025 to promote the process of using renewable materials in products. (Interface)

Apple tripled iPhone production in India to $7 billion.

According to foreign media reports, Apple assembled more than $7 billion iPhone in India last fiscal year. Through the expansion of Foxconn, Pegatron and other partners, Apple currently produces nearly 7% of iPhones in India, and in 2021, India’s iPhone production is estimated to account for 1% of the world. (Cailian)

Communication industry]

China Mobile: AI has been widely used in operation and customer service.

China Mobile recently accepted an investor survey and said that the company’s AI capabilities in China and Taiwan have reached more than 300 kinds, with big data revenue exceeding 3 billion in 2022, and the monthly call volume of China-Taiwan capabilities is also considerable. AI has been widely used in operation and customer service within the company.

[Car ring]

Krypton and Intel sign a memorandum of strategic cooperation

Geely Holding Group’s smart pure electric brand Kyk Smart Technology and Intel announced the signing of a memorandum of strategic cooperation. Based on the previous successful cooperation, the two sides will explore in-depth cooperation in the fields of automotive hardware product development, intelligent vehicle applications and solutions, and ecological chain construction. (Interface)

Faraday will delay the delivery of its FF91 new car in the future.

It is reported that Faraday will delay the delivery of its new FF91 car in the future. (Cailian)

Sailis Auto: On April 17th, it released the M5 Intelligent Driving Edition and new products of AITO.

According to Celestial AITO Official Micro, the M5 Intelligent Driving Edition and its new products will be released on April 17th.

Financial street]

Many people in Shenzhen area of Everbright Trust were taken away.

Yicai learned exclusively from multiple cross-source sources that many people in Shenzhen area of Everbright Xinglong Trust Co., Ltd. were taken away for investigation, and the case involved the old Shenzhen renovation project that Everbright Trust cooperated with a number of real estate enterprises. A person familiar with the matter said, "Several projects were thundered, and they were overdue on a large scale and could not be paid. The investigation found that there was bribery in the process of lending funds."

HSBC plans to recruit about 30 bankers to serve the super-rich in India.

According to reports, according to informed sources, HSBC plans to recruit about 30 bankers to serve India’s super-rich through private banks to be launched in India in the next few months. People familiar with the matter said that HSBC is seeking to fill these positions from domestic employees and hire wealth managers from competitors and independent companies. A spokesman for HSBC declined to comment on the recruitment plan for its wealth business. (Interface)

Blackstone Group announced the completion of the largest real estate fund raising in history, amounting to US$ 30.4 billion.

Blackstone Group announced that its latest global real estate fund Blackstone Real Estate Partners X has completed the final fundraising. With a total capital commitment of $30.4 billion, BREP X is the largest real estate or private equity fund in history. Blackstone’s global, Asian and European opportunistic strategies currently have a total capital commitment of $50 billion. (澎湃)

Chemical industry]

Chen Hui, director of Qi Xiang Tengda, lost contact six months ago, or was involved in the financing case between Cedar Holdings and Guangzhou Rural Commercial Bank and Shanghai Pudong Development Bank.

On the evening of April 12th, Qi Xiang Tengda announced that Chen Hui, the director of the company, had lost contact. The First Financial Reporter learned exclusively from authoritative sources close to the supervision that Chen Hui had lost contact as early as last October, and the reason for the loss may be related to the financing events of Cedar Holdings to a number of financial institutions. "It was the economic investigation that took people away, involving the 7 billion mortgage financing case between Guangzhou Rural Commercial Bank and Cedar Holdings and the financing case of Shanghai Pudong Development Bank".

[Big consumption]

Midea Group officially laid the foundation stone for a new factory in Brazil with an investment of over 700 million yuan, covering household appliances such as refrigerators and washing machines.

On April 12th, local time, the new factory of Midea Group Brazil Midea Industria do Brasil was officially laid. The new factory has invested more than 700 million yuan and is expected to be completed and put into operation in July 2024. Wang Jianguo, vice president of Midea Group, president of smart home business group and president of Midea International, said at the groundbreaking ceremony that this factory is Midea’s first investment in Baosuo, covering refrigerators, washing machines and other household appliances. (澎湃)

Uniqlo parent company Fast Retailing’s operating profit increased by 16.4% in the first half of fiscal year.

Uniqlo’s parent company, Japan Fast Retailing Group, announced on Thursday that its operating profit increased by 16.4% in the first half of the fiscal year and raised its annual operating profit forecast. (Sina Finance)

Pharmaceutical industry]

Changchun Baike Bio: Live attenuated herpes zoster vaccine approved for marketing.

Yicai learned from Changchun Baike Bio-Secretary that the live attenuated herpes zoster vaccine developed and produced by Changchun Baike Bio-was approved for marketing. This year, the domestic vaccine has been planned to be supplied in Fujian, Jilin, Xinjiang, Tibet, Guizhou and other provinces, and the price is nearly 2000 yuan cheaper than the imported vaccine.

WuXi PharmaTech: The industry financing amount is still at a historical high, and it will return to the level before 2020 in 2022.

At the annual performance meeting of WuXi PharmaTech in 2022 held on April 13th, Hu Zhengguo, vice chairman of WuXi PharmaTech, said: Although the growth rate of financing slowed down in 2022, looking back over the past decade, the financing amount was still at a historical high level, and returned to the pre-2020 level in 2022. He also pointed out that there are many funds waiting to be invested in the primary market, and there are still many VCS that continue to incubate new Biotech companies.

Pfizer China signed a strategic cooperation agreement with Sinopharm Holdings.

According to Pfizer’s official micro, on April 12, 2023, Pfizer China and Sinopharm Holdings signed a strategic cooperation agreement in Shanghai. Peng Zhenke, president of Pfizer China, and liuyong, president of Sinopharm Holdings Co., Ltd. signed the contract on behalf of both parties.

Mardner announced that its first candidate mRNA influenza vaccine phase III trial performed poorly.

On April 11th, local time, Mardner, an American pharmaceutical company, announced through its official website that the first candidate influenza vaccine Moderna-1010 did not reach the pre-specified statistical threshold due to the lack of sufficient cases in the mid-term analysis of Phase III clinical trials. (澎湃)

Real estate

Sunac executives were lost.

On April 13th, a message came out on the Internet that Shang Yu, executive director of Sunac China, had lost contact. In this regard, China Real Estate News reporter contacted Sunac China insiders, and the other party did not respond. (China Real Estate Network)

More exciting content, all in the first financial APP.

(Editor: Guo Ziang, Gao Lishan)

Xiaomi Auto is on the market soon, and executives insinuate that Xiaomi Auto may play advertisements wildly.

[Text/Caiquan Society & Daoge said that the car listens to the wind] The unlisted Xiaomi car was ridiculed by friends.

Zhao Chunlin, vice president of Krypton, left a sentence in a blog post about "automobile ecology"-"It’s very lively, and I suddenly remembered the ecological scene: intelligent driving navigates to the highway intersection, plays an advertisement for 15 seconds, then leaves the intersection, switches driving modes during driving, and then watches the advertisement for 90 seconds, or, scans the code to pay? Indeed, the rice ecology is quite distinctive! "

Since 2021, Lei Jun has been building a car for three years, and the news that Xiaomi Automobile is about to release is also coming. Judging from the voice on the Internet, many people seem to be more concerned about the price of Xiaomi car. "99,000 friends" and "young people’s first car" just illustrate the expectations of netizens for the cost performance of Xiaomi car. However, what will lead to the price/performance ratio in netizens’ mouths? Zhao Chunlin’s teasing is not worrying.

"The comprehensive net profit rate of Xiaomi hardware will never exceed 5%", Lei Jun once expounded the values of Xiaomi. It is precisely because of this that Xiaomi’s ecological products have been successfully circled by virtue of their shocking cost performance, and they have been reported frequently in the market. Assuming that Xiaomi Automobile also adheres to the concept that the hardware profit rate does not exceed 5%, it is conceivable that the Xiaomi SU7, which has a battery life of up to 800 kilometers, excellent size and may have cutting-edge automatic driving ability, will have great lethality.

But before thinking about the success of Xiaomi automobile, it is even more necessary for us to understand why Xiaomi can reduce the hardware profit rate to this point. In addition to high cost performance, Xiaomi mobile phones, smart home appliances and other products have a remarkable feature, that is, advertising push is also rich. For example, at the beginning, the full-screen advertising promotion on the 21-inch big screen of Xiaomi Eco-chain Yunmi Refrigerator made Xiaomi a hit. At the same time, Xiaomi TV and mobile phone were also famous for product placement.

Some analysts believe that the product placement advertisement of Xiaomi has played a very important role, which is to share the cost of the product, reduce the purchase price of consumers, provide more cost-effective products, and benefit more consumers who pursue low prices. But will this set of roads be practical in building cars? The answer is probably no. With the rise of intelligence, advertisements have popped up on the car interface of many models before, and almost all of them are the brand’s own activities. But "surprisingly", car owners have almost zero tolerance for this kind of phenomenon: as long as you dare to hang advertisements, I dare to scold them.

If Xiaomi intends to improve the price/performance ratio in the form of product placement, there is a high probability that consumers will not be able to escape. Imagine that if Zhao Chunlin’s imagination really shines into reality, let alone Xiaomi, any manufacturer may not escape the fate of being spat by consumers. In this way, if Xiaomi provides consumers with cost-effective automobile products, it will be more difficult. But if you don’t fight for cost performance, what does Xiaomi have to win by building a car?

We should know that the market of pure electric cars, especially large and medium-sized pure electric cars, is not so good. Only a few models, such as BYD Han EV (parameter picture), Tesla Model 3, Extreme Krypton 001 and Weilai ET5, have good sales performance, and other models generally have no good results. Even, there are more roll kings emerging in this market segment-Yinhe E8, Xingtu Xingyue es, Jikry 007 … Moreover, considering Xiaomi’s cross-border identity, it can’t be said to be "far ahead" in terms of brand, background and even core technology.

Of course, Xiaomi has a perfect ecosystem, which can realize the interconnection between mobile phones, smart homes and cars. The OS system is even more eye-catching, and these valuable ecological assets will become the biggest competitive advantage of Xiaomi Automobile. However, the concept of "people-car interconnection" or "car-home interconnection" has been said for many years, but it may be really hard to find a successful case that can really promote the development of a car enterprise by "ecology".

In the author’s opinion, Xiaomi automobile has already lost the opportunity to enter the market with pure electric cars. In the automobile market with serious involution, Xiaomi automobile seems to have no effective method except picking up cost-effective weapons. However, it should be mentioned that it is not advisable for Xiaomi to improve the product cost performance in the form of product placement in the fields of mobile phones and smart home appliances in the automobile industry. Once Zhao Chunlin’s imagination falls on Xiaomi’s car, it will inevitably make Xiaomi’s car "criticized".

However, if you "post money to make friends", you need Xiaomi Auto to face huge profit pressure, and the price behind it is not affordable. If the cost can’t be shared by the sales volume in the future, the vicious circle of "continuously subsidizing money" is waiting for Xiaomi Automobile. As for the final consequences, Evergrande and Baoneng, which can afford it, have given reference.

Members have to spend money again! Youku’s screen charging is hotly debated; Alipay fully opens up the configuration of small program messages, and merchants can push messages to the homepage of App,

[technology circle]

The news said that the iPhone15 will adopt an exclamation point screen.

On July 21 ST, according to the existing news, this year’s iPhone 14 series will have the coexistence of Liu Haiping and a brand-new exclamation point screen (double digging hole). However, a road map shows that next year’s iPhone 15 series is expected to switch to the exclamation point screen design language. It is widely believed that the exclamation point screen is the transition choice for Apple to move towards a completely off-screen Face ID. At present, there are still difficulties and challenges in burying a large number of precision components under the screen. (Tech planet)

Broadcom and Texas Instruments plan to raise chip prices.

A few days ago, it was reported in the market that Intel, Qualcomm and Marvell had informed customers of their price increase plans. Now, according to industry sources, Broadcom and TI have also raised chip prices. According to sources, the supply of wireless network chips continues to be lower than that of 5G and Wi— Fi 6 equipment demand, Broadcom has informed customers that the price of its network communication chip will increase by 6% to 8% from January 2023. TI has informed customers that the price of specific IC such as server IC will increase by about 10% in the third quarter of 2022. (Sina Finance)

Foxconn and NXP reach cooperation on new generation vehicle platform.

Foxconn official news on July 21, July 20, Foxconn Technology Group and NXP Semiconductors signed a memorandum of cooperation, the two sides will jointly develop a new generation of intelligent connected vehicle platform. The core of this strategic cooperation is to integrate NXP S32 series processors into Foxconn electric vehicle platform, and use NXP S32 series processors to combine its analog front-end, driver, network and power products. The cooperation scope will involve the whole vehicle electronic application, covering two platforms and seven application fields such as electronic and electrical architecture and vehicle network security. The first phase of cooperation between the two parties has planned that more than 10 automotive products will be launched one after another.

Samsung SDI will invest 1.7 trillion won to build a new battery factory in Malaysia.

"Korea Economic News" reported on July 21 that South Korea’s Samsung SDI Company will invest 1.7 trillion won to build a cylindrical battery factory in Malaysia. The company’s strategy is to diversify battery types to increase orders. Samsung SDI Company held a groundbreaking ceremony for its factory in Furong City, Malaysia on July 21st. The plant is scheduled to be completed in 2025 and mass production will begin in 2024. (Interface)

Internet

Members have to spend money again! Youku’s screen charging is hotly debated.

On the evening of July 21st, Youku’s screen-projection fee was posted on Weibo Hot Search, and Youku VIP membership service caused controversy. Some netizens spit out that they are already members of Youku Video VIP, but if they want to watch a drama on TV, they also need to open the TV member "Cool Meow VIP" in 12 yuan every month. In this regard, some netizens said: "Is Youku too ugly to eat?" (fast technology)

Tencent travels to test the taxi function in WeChat.

Recently, in the "Travel Service" in WeChat Jiugongge, a brand-new taxi function is being tested. Compared with the previous cooperation between Tencent and "Ruqi Travel" in Guangdong, in this upgrade function, more taxi service providers will be connected, and the number of cities that can take a taxi will be further increased. Users can use this function to call a car online. According to informed sources, this function is still in the gray test stage. (Tech planet)

Alipay fully opens up the configuration of small program messages, and merchants can push messages to the App homepage.

Alipay announced at the 2022 Partner Conference a new upgrade of applet messaging capabilities: merchant applets can push order messages, payment messages and subscription messages to users through message reminders on the homepage of App, so that users can directly click into applets to use services. (36Kr)

ByteDance will greatly reduce its recruitment plan for 2022-2023.

It was learned from ByteDance insiders that ByteDance CEO Liang Rubo recently updated his personal OKR. OKR shows that ByteDance will update the manpower plan according to the business situation, greatly reduce the recruitment plan for 2022-2023, reduce the growth rate of organizational scale and improve organizational efficiency. (Interface)

Amoy Caicai promotes free door-to-door delivery to all "heads" of the platform.

Amoy Caicai recently promoted the free door-to-door delivery function to all "heads" of the platform. According to reports, the "Head of Delegation" can choose five delivery amounts ranging from 0 yuan to 50 yuan and a door-to-door range ranging from 100 meters to 2 kilometers to open a free door-to-door service, and his delegation will be marked with an explicit "door-to-door" logo. (36Kr)

Dong Yuhui responded to the selection of Lahei Luo Min in the East: The live director just graduated from the university and has personal grievances.

Recently, Luo Min, the founder of the fun shop, appeared in the selection live room in the East and brushed gifts wildly, but the news that he was blacked out by Teacher Dong caused concern. Dong Yuhui explained in the live broadcast room: "Oriental Selection is the company’s number, which has nothing to do with me personally. The director’s little brother has just graduated from college, and sometimes he has some personal grievances. He wants to pull black. After listening to it, I feel quite reasonable. " (Tech planet)

It is reported that Google will suspend recruitment for two weeks.

According to reports, Google announced that it would suspend recruitment for two weeks. Last week, the company said it would slow down the pace of recruitment for the rest of this year. Prabhakar Raghavan, Google’s senior vice president, said in an email to employees that the suspension of recruitment will not affect the invitations already sent to applicants, but Google will not send any new invitations until the suspension of recruitment is over. (Sina Technology)

Lenovo and Nutanix reached a strategic cooperation to lay out a hybrid cloud.

On July 21st, Lenovo announced that it had reached a strategic cooperation with Nutanix, a well-known manufacturer of HCI (Hyperconverged Infrastructure), and the two parties jointly launched xCloud hybrid cloud solution based on Nutanix digital pedestal. According to IDC’s latest report, the top two HCI software vendors are VMware and Nutanix, which together account for 66.1% of the market. (Interface)

[Car ring]

Ceng Qinghong, Chairman of GAC, spoke out to work in Contemporary Amperex Technology Co., Limited.

Ceng Qinghong, chairman of Guangzhou Automobile Group, said at the 2022 World Power Battery Conference today, "The cost of power batteries has accounted for 40%~50% or even 60% of new energy vehicles. So am I not working for Contemporary Amperex Technology Co., Limited now?"

Wei Lai: There is no plan to issue any digital currency or authorize any third party to issue digital currency.

On July 21st, Weilai issued a statement saying that there was false information on the Internet today that digital currency was issued in the name of Weilai. Weilai solemnly declares that it has no plans to issue any digital currency, nor has it authorized any third party to issue digital currency. Weilai users and the public are requested not to believe the false information to protect their property safety. Legal proceedings have been initiated for this act of publishing false information under the name of Weilai, and the legal responsibilities of relevant parties will be investigated.

Weilai plans to deliver 150kwh solid-state batteries in the fourth quarter of 2022.

Weilai announced that it will deliver a 150kwh solid-state battery in the fourth quarter of 2022, using solid electrolyte, silicon-carbon composite anode material and ultra-high nickel cathode material, with an energy density of 360Wh/kg. At that time, the brand new ES8 can reach 850km, ES6 can reach 900km, and the NEDC of ET7 can exceed 1000km, so users can enjoy the battery through the flexible battery upgrade scheme. (Securities Times)

BYD announced its official entry into the Japanese market.

BYD JAPAN Co., Ltd. held a brand launch conference in Tokyo, and announced its official entry into the Japanese passenger car market after commercial vehicles, and made its debut in three models: Yuan PLUS, Dolphin and Seal. Yuan PLUS is expected to be released in January 2023, and dolphins and seals are expected to be released in the middle and second half of 2023 respectively. (Interface)

Baidu released the sixth generation unmanned vehicle Apollo RT6, and Li Yanhong: It is half cheaper to play unmanned vehicles in the future.

At the "Baidu World Congress 2022" held on July 21st, Baidu released the sixth generation unmanned vehicle Apollo RT6. According to Baidu, the cost of Apollo RT6 has been reduced to 250,000, which is significantly lower than the previous million-level cost. Li Zhenyu, senior vice president of Baidu Group and general manager of intelligent driving business group, said that Apollo RT6 can be applied to radish running next year. With the cost reduction, the cost of unmanned taxis in the future will be more than half cheaper than now.

SAIC: Zhiji L7 started mass delivery, and it is expected to exceed 1,000 units by the end of this month.

The official micro of SAIC announced that today, the new Zhiji L7 car arrived at the National Zhiji Automobile Experience and Delivery Service Center in batches, and entered the user’s batch to speed up delivery. It is estimated that by the end of July, the delivery volume of Zhiji L7 will exceed 1,000 units. It is estimated that the delivery capacity of Zhiji L7 users will be further improved in the fourth quarter. Up to now, there are nearly 70 Zhiji automobile experience and delivery service centers in China, and the number will reach 120 by the end of the year.

Media: Hyundai Motor is considering using Contemporary Amperex Technology Co., Limited batteries on all models.

It is reported that Hyundai Motor recently considered using batteries made in Contemporary Amperex Technology Co., Limited in all its models. Previously, Hyundai Motor has been evaluating the best solution to replace lead-acid batteries in its vehicles, because such batteries are harmful to the environment. According to sources, Hyundai Motor and Contemporary Amperex Technology Co., Limited have discussed replacing lead-acid batteries used in gasoline and electric vehicles with lithium-ion batteries, and they have even reached an agreement on the size and specifications of lithium iron phosphate batteries to be used, but due to differences in unit price, the two sides failed to reach an agreement. However, the negotiations between the two sides may continue. (TechWeb)

Contemporary Amperex Technology Co., Limited: A number of new models using Kirin batteries will be launched next year.

Zeng Yuqun, Chairman of Contemporary Amperex Technology Co., Limited, delivered a speech at the 2022 World Power Battery Conference, saying that Kirin battery has set a new record for the integration of battery systems in the world, and it can achieve a battery life of 1,000 kilometers without "stacking batteries". Next year, a number of new models using Kirin battery will be listed. At the same time, it said, "The cumulative power battery in Contemporary Amperex Technology Co., Limited has exceeded 400GWH, and there is a Contemporary Amperex Technology Co., Limited for three electric vehicles." Zeng Yuqun also mentioned the material price issue that is hotly debated in the market. "The price increase of upstream materials has led to an increase in costs."

Zhou Shuo, a marketing executive of Wuling, joined Xiaomi Automobile and reported to Lei Jun.

The First Financial Reporter was informed that Zhou Yue, the former deputy general manager of SAIC-GM-Wuling Sales Company, will officially join Xiaomi Automobile in August as the head of Xiaomi Automobile Marketing and report directly to Lei Jun, the chairman of Xiaomi Technology.

Li Shufu: Geely is developing a battery pack with a fast charging time of 15 minutes and a longer cruising range.

According to the official news of Geely Holding Group, on July 21st, Li Shufu, the chairman of Geely Holding Group, said at the "2022 World Power Battery Conference" that Geely Holding Group is cooperating with the upstream and downstream industrial chains of batteries to form an ecological layout around battery technology innovation, battery materials, charging and replacing operations, photovoltaic green electricity, recycling and other fields. He introduced that Geely is developing a battery pack that can support users’ longer mileage needs, and the fast charging time can be shortened to 15 minutes, which can greatly alleviate users’ anxiety.

Ford Motor Company released a new capacity plan for power batteries and reached a strategic cooperation with Contemporary Amperex Technology Co., Limited.

Ford Motor Company announced a series of new progress in the supply and cooperation of power batteries and related raw materials around the world. By adding lithium iron phosphate batteries and locking in the supply of related raw materials, it will reach the annual production capacity of 600,000 power batteries and ensure the annualized production capacity target of 600,000 electric vehicles in 2023. Ford Motor Company said that from next year, Mustang Mach-E in the North American market will add lithium iron phosphate battery pack versions, and from 2024, F-150 Lightning pure electric pickup trucks in the North American market will also be equipped with lithium iron phosphate battery pack versions, both of which are provided by Contemporary Amperex Technology Co., Limited.

Tesla’s Shanghai plant has been expanded to an annual output of 750,000 vehicles, accounting for half of the global production capacity.

On July 21st, Tesla released its financial report for the second quarter of 2022 and disclosed the latest production capacity layout. Among them, after the expansion of the Shanghai factory, the annual production capacity will exceed 750,000, making it the largest super factory in Tesla. The First Financial Reporter was informed that Tesla’s Shanghai factory is already undergoing the transformation of production line expansion.

Tesla CEO Musk hopes to lower the price of Tesla.

Tesla CEO Musk said that he hopes to lower the price of cars at some point. Musk said: "You can’t raise the price to an arbitrary high level just because you have crossed the limit of affordability, and then the demand will plummet. We have raised the price several times. Frankly speaking, the price of cars is at an embarrassing level now. However, we also face many shocks in supply chain and production, as well as crazy inflation. I just hope that at some point we can lower the price a little. " In addition, in response to Tesla selling about 75% of its bitcoin, Musk said that he was worried that the company’s "overall liquidity" was the reason for its sale. (Interface)

Mercedes-Benz will invest nearly $1 billion to expand its Hungarian factory and increase its electric vehicle production line.

On July 21st, Bloomberg news, Hungarian Minister of Foreign Affairs and Foreign Economy Jardot Peter said that Mercedes-Benz will invest 400 billion Hungarian forint (about 1 billion US dollars) to expand its factory in the central Hungarian city of kecskemet and increase the production line of electric vehicles. Hungary will provide 14 billion forint subsidies for investment. (Interface)

[Big consumption]

LADY M will close all stores in mainland China? This is not the case.

At noon on July 21st, the news that "LADY M will terminate its business in China Mainland" attracted attention. However, the reporter learned that, in fact, Lady M will operate the stores in the inland areas of China in a direct mode. An insider close to LADY M told the reporter that this announcement does not rule out an official announcement due to the difference in business philosophy between the brand and the mainland agency. With the expiration of the authorization agreement between the two parties, the issue of subsequent revenue sharing has also been put on the table. This announcement does not rule out the continuation of the game after continuous communication between the two parties.

The application of Yuanqi Forest for trademarks such as "Yuanqi Cola" was rejected.

Tianyancha App shows that Yuanqi Forest (Beijing) Food Technology Group Co., Ltd. applied for the trademarks of Yuanqi Cola and Bekola in August 2020 and January 2021 respectively, which are internationally classified as beer and beverage, wine, food, etc. The current trademark process status is "waiting for rejection and review".

Siemens home appliances will open more than 150 flagship stores in Suning.cn.

Suning.cn and Siemens Home Appliances, a brand owned by Bosi Home Appliances, will deepen their strategic cooperation in jointly improving the overall solution of users’ home scenes. In the coming year, Siemens Home Appliances will build more than 150 flagship stores in Suning.cn channel, and comprehensively upgrade the storefront model in terms of scene construction, product experience, new product launch and user immersive participation. (36Kr)

Panasonic will raise the prices of 80 kinds of household appliances from August, with an increase of 3% to 23%.

According to the Japan News Agency, Matsushita Electric Co., Ltd. said on July 20 that it will increase the prices of various household appliances in stages from August. The reasons for the price increase include soaring raw material prices, weak yen and rising cost of purchasing semiconductors and other components in case of supply shortage. Panasonic plans to raise the price of about 80 products by 3% to 23%, including refrigerators, dishwashers and electric carpets. (Interface)

[Financial Street]

Huaan Quality Selection "Forced to Stop Selling" Follow-up: Liu Changchang was hired as the fund manager to jointly manage with Sean.

On July 21st, Huaan Fund announced that the company hired Liu Changchang, a well-known fund manager, as the manager of Huaan Quality Selection Fund on July 21st, and she will jointly manage the fund with Sean. On July 15th, a rumor that "Sean, manager of Huaan Fund, could not continue to be the manager of Huaan Quality Selection Fund for personal reasons, and the sales of related new funds were suspended, prompting customers who placed orders in the past two days to withdraw their orders" was widely circulated in the industry. At that time, a channel revealed to reporters that the company had indeed stopped selling the product. Subsequently, in the evening of the same day, Huaan Quality Selection announced the early closing of the fund, but did not announce the information about the position change of fund manager Sean. According to today’s fund establishment announcement, Huaan Quality Selection was established on July 20th with a scale of 1.236 billion yuan. (Beijing Youth Daily)

Energy industry

Betray’s emergency response: there will be no financial difficulties due to the suspension of refinancing, and there are abundant financing channels.

Betray, the leader of the North Stock Exchange, suddenly passed on important news, and the chairman of the board was investigated for alleged insider trading. Affected by this incident, will the company’s 5 billion fixed increase be changed? Betray responded that the company has rich financing channels and will not face financial difficulties because of the suspension of refinancing.

The natural gas transportation capacity of Beixi Company has reached the level before maintenance.

According to the data of official website local time on 21st of Beixi Company, the natural gas transmission capacity of Beixi Company has reached the level before maintenance, that is, 40% of the maximum gas transmission capacity. (CCTV News)

Real estate

Shimao’s organizational structure was adjusted, and some areas in Central China and North China were cancelled.

According to the International Finance News, Shimao recently issued an internal document announcing the adjustment of the organizational structure in Central China and North China. The main change is to cancel the establishment of a group in the district, and the group will be directly managed by the regional company after adjustment.

[game circle]

Microsoft’s game "My World" announced the ban on NFT and blockchain technology.

On July 21st, Mojang, a game developer owned by Microsoft, updated the Minecraft (My World) user guide. In order to ensure that players get a safe and inclusive experience, it is forbidden to integrate blockchain technology into Minecraft client and server applications, and it is also forbidden to use blockchain technology to create related NFT with the contents in Minecraft games (such as world, skin, character items or other modules). (Interface)

More exciting content, all in the first financial APP.

Financing is slow, sales are overtaken, and Weimar’s opportunity to turn over is sinking the market?

Text | Connected Insight, Author | Li Xin, Editor | Ye Lili 

Weimar dragged on the D round of financing for a year, and finally made new progress. 

Recently, according to the financial magazine, the lead investment institution of Weimar Automobile’s D-round financing has confirmed that the scale of this round of financing is expected to be 5 billion yuan or the equivalent of US dollars. After the financing is completed, Weimar Automobile will start to declare science and technology innovation board and is expected to land in science and technology innovation board early next year. 

Previously, Weimar had raised 23 billion RMB, and in 2019, it promoted the D round of financing with a total planned amount of 1 billion US dollars, but it never landed. Subsequently, the sudden outbreak of the epidemic led to the deterioration of the financing environment, and Weimar’s financing was delayed again and again. Until now, no new news came out. 

In contrast, Ideal and Tucki have been financing and listing rapidly in recent months. 

On June 24th, LI received a US$ 550 million financing from Series D led by Meituan, and then it was officially listed on NASDAQ on July 30th, becoming the second domestic new energy vehicle company to go to the US for IPO after Weilai. 

Xpeng Motors has also been listed on the NYSE on August 27th. Before listing, it completed the C+ round of financing of US$ 500 million on August 3rd, and less than half a month later, it was again financed by over US$ 300 million led by Alibaba. 

In terms of financing and listing speed, Weimar is slow. In terms of sales volume, Weimar also faces challenges. 

According to the statistics of the Association, in 2019, the top three domestic new energy vehicle companies were Weilai, Weimar and Tucki, with sales of 20,565, 16,876 and 16,608 respectively, and Weimar ranked second. 

By the first half of this year, the top five brands of domestic new energy vehicle companies were Weilai, Ideality, Weimar, Tucki and Nezha.In July, Weimar dropped to the fourth place, with a total of 2,036 vehicles sold. 

However, it is worth noting that compared with Weimar itself, Weimar’s sales volume has achieved five consecutive increases. 

"I believe that the stage of Weimar automobile from 0 to 1 has passed, but the stage from 1 to 1000 still faces various challenges." Weimar founder Freeman Shen said. 

At present, domestic new energy vehicle companies have gone through the mass production stage, and then their goals are aimed at sales volume, profit and scale. 

Among several domestic new energy vehicle companies, Weimar’s price is relatively close to the people, and now it is going deep into third-and fourth-tier cities, trying to tap the potential of the sinking market. Will this bring more sales to Weimar? 

It can be said that the real competition of new energy car companies has just begun. How much market space can Weimar finally win? 

Compared with the internet background of the founders of other domestic new energy automobile enterprises, Freeman Shen has been immersed in the traditional automobile industry for many years and has profound resources and experience in the automobile industry.

Before the founding of Weimar Automobile, Freeman Shen was the right-hand man of Li Shufu, the founder of Geely Automobile, who successfully helped Li Shufu acquire Volvo. As a result, he became the global senior vice president of Volvo Cars and the chairman of Volvo Cars in China, responsible for the production and commercial operation in China. 

However, at the end of 2014, Freeman Shen left Volvo and joined Botai, a car networking company, as CEO of the Group and CEO of the Smart Car Division, and officially set foot in the field of smart cars. However, less than a year later, Freeman Shen left Botai, chose to start his own business, and established Weimar Automobile in 2015. 

It is precisely because of years of working experience in traditional car companies that Freeman Shen saw the limitations of fuel car companies. 

"There are already one or two million traditional fuel vehicles running, and it is impossible to spend all your efforts to engage in electric vehicles to reduce the amount of their fuel vehicles. Only those new energy vehicle companies like us, without historical and brand burdens and technical burdens of traditional fuel vehicles, can wholeheartedly concentrate on the real quantity. " Freeman Shen mentioned in an interview with the media.

It is worth noting that when Weimar was formally established, new energy vehicle companies such as Weilai, Tucki and Ideality had made their appearances one after another, and gained a lot of financing by relying on the glamorous resumes of their founders. 

Freeman Shen, the founder of a domestic new energy vehicle company with a different background from the Internet, has worked in the traditional OEM for many years. At the beginning of Weimar, he set up a luxurious founding team, among which Lu Bin, the chief travel officer, worked for SAIC-GM, Chery and Geely; Chief Operating Officer Xu Huanxin has worked for Volkswagen, Mercedes-Benz and Volvo; Yan Feng, chief technology officer, once worked for SAIC-GM and SAIC passenger cars. 

The glamorous resume of Weimar’s founding team is enough to rank among a number of new energy vehicle companies, and Weimar, which has these talents, has also been recognized by the capital market. 

In August 2016, Weimar won the A round of financing, with a financing amount of 1 billion US dollars, becoming a unicorn enterprise. The following year, Weimar successively received several rounds of financing, which also attracted two domestic Internet giants, Tencent and Baidu, to continue to raise money. At that time, Lu Qi, the president and chief operating officer of Baidu Group, personally stood for Weimar. 

"We value the management ability of Weimar team and highly recognize Weimar’s product concept. Baidu Apollo plan will be open to Weimar." Lu Qi said at the launch conference of Weimar’s first production car. 

Weimar, which got financing, also quickly entered the development period. In November 2016, the Weimar Wenzhou factory started construction; In March 2018, the first trial car of Weimar EX5 rolled off the assembly line; In September, Weimar held the EX5 listing and delivery conference, crossing the watershed of mass production delivery; At the end of 2019, Weimar EX6 was also successfully listed. 

However, Weimar, who had a smooth journey, was hit by his old club.

In August 2019, Zhejiang Geely Holding Group Co., Ltd. and Zhejiang Geely Automobile Research Institute Co., Ltd. sued four subsidiaries of Weimar Automobile, claiming that part of the design of Weimar EX5 model copied Geely GX7 and Yuanjing SUV model, demanding Weimar to pay 2.1 billion yuan in compensation and recover the patents that have been applied by Weimar. 

At the same time, Geely sued more than 100 natural persons, including Freeman Shen. Most of these Weimar employees used to work in Geely. Among them, Hou Haijing, the co-founder of Weimar Automobile, is responsible for the production of GX7 models in Geely, and serves as the product team leader of Vision SUV, responsible for the development of Vision SUV. 

According to the auto media, Yueguan Auto Market reported that during the test run, Weimar Research Institute directly put the white body of Vision SUV on the chassis of Weimar EX5 for test run. At the same time, the track of Weimar EX5 is exactly the same as that of Geely GX7, but the difference between axles is only 4.2 cm. 

Perhaps because of this lawsuit, Weimar, which had a very smooth financing before, has not finalized its D round of financing. 

"Based on Geely’s position in the industry, litigation will definitely have an impact on Weimar. This is like a time bomb. Investors must eliminate all uncertainties before they dare to bet." An auto industry analyst told Wired Insight. 

However, Geely’s lawsuit against Weimar did not affect the sales of Weimar. Although Weimar failed to reach the annual sales target of 100,000 set by Freeman Shen last year, Weimar sold 16,876 vehicles in the sales ranking of new energy vehicle enterprises last year, which was second only to Weilai, which ranked first in sales volume. 

Today, Weimar has two products, namely the compact SUV Weimar EX5 and the medium-sized SUV Weimar EX6, and other products are derivatives of these two cars. Next, Weimar will launch two SUVs and a car product. 

However, other new energy vehicle companies are also making full progress. Weilai has launched the third car EC6, and Tucki has also released the second car Xiaopeng P7. It is not so easy for Weimar to break through from a number of new energy vehicle companies.

"The valuation is definitely wrong, and the last round was more than that." Freeman Shen told the media recently.

Earlier, some media reported that Weimar Automobile will be listed in science and technology innovation board IPO as soon as this year, with a valuation of over $4.3 billion. Whether the valuation is wrong or not, Weimar is already in a backward state from the financing point of view. 

At present, Weilai, Ideality and Tucki, which have been listed, have market values of $23 billion, $14 billion and $16 billion respectively. This means that the three new forces have got considerable funds from the secondary market.  

In addition, this year Weilai China signed strategic cooperation agreements with six banks, including China Construction Bank, and obtained a total of 10.4 billion yuan of comprehensive credit. 

In contrast, Weimar has only recently been exposed that it has just finalized the D round of RMB 5 billion financing, and the listing time is also early next year. 

The financing speed is slow, and the competitors in sales are obviously accelerating. Weimar is quite challenging. 

According to the data released by Weilai, Weilai sold a total of 17,702 vehicles from January to July this year. We should know that Weilai’s sales last year just passed 20,000 vehicles, which means that Weilai almost caught up with the sales in the whole year of last year in half a year. 

Since the delivery of Weilai, 49,615 vehicles have been delivered, which has properly become the sales overlord of domestic new energy vehicle enterprises. 

It is worth noting that LI has become a dark horse in sales this year. Since it was delivered by Li ONE at the end of last year, it took LI six months to sell more than 10,000 vehicles, setting the fastest speed for new car companies to sell more than 10,000 vehicles. By the end of July, LI had delivered a total of 12,182 vehicles, ranking second among new car manufacturers.  

From the price point of view, the official guide price of Weimar EX5 is 13.98-19.88 million, and that of EX6 is 18.99-25.99 million. Compared with Weilai and Ideality, Weimar’s price of more than 300,000 yuan takes a differentiated pro-people route. 

However, the price close to the people did not bring an advantage to Weimar.In the sales competition of new car-making enterprises in July this year, Weimar also fell to the fourth place due to the official delivery of Tucki P7. In that month, the sales of Weilai, Ideality, Tucki and Weimar were 3,533, 2,516, 2,451 and 2,036 respectively. 

Although compared with Weimar itself, the sales volume in July has doubled year-on-year, and the chain has achieved five consecutive increases, it is also an indisputable fact that the sales volume has been surpassed by other new energy vehicle companies, and behind this, it may be related to its vehicle performance. 

For new energy vehicles, cruising range is an important performance display point, and the cruising range is long enough to alleviate users’ anxiety about new energy vehicles. 

At present, among the major new energy vehicle companies, the cruising range of Li ONE has reached 800km, which is also the highest cruising range reached by domestic new energy vehicle companies. 

Weilai automobile, which adopts pure electric technology route, has a cruising range of 580-610km for its three cars; The cruising range of Xpeng Motors’s two cars is 520km and 706km; respectively; The cruising range of the three models currently on sale by Weimar is between 475-520km. 

In contrast, Weimar has the shortest cruising range. In addition, Weimar’s models all use the same technical platform, the same body mechanism and three electric power systems, but there are some differences in body length and battery capacity. 

"Weimar products perform in general. You see Weilai positioning the high-end market. Ideally, there is no mileage anxiety. Tucki has functions such as automatic parking and has its own characteristics." An auto industry analyst said.

It is enough to see that Weimar can not be eliminated in the competition only if it introduces more distinctive products.  

This year’s new energy automobile industry is obviously more severe than in previous years. 

Due to the continuous influence of epidemic situation and subsidy recession, the domestic new energy automobile industry is polarized this year. Enterprises that have achieved mass production have begun to usher in a new round of capital feast, while enterprises that have not produced mass production have been accelerated to be eliminated. 

Since July 1, Baiteng Automobile has suspended its business operations in China, leaving only a small number of employees to maintain the basic functions of the company; After selling all the factories and land, Bojun Automobile began to sell core technologies to make up for the wage loopholes; Sailin Automobile Nantong Rugao Factory and Shanghai Branch were closed down one after another. 

"New energy car companies will be eliminated, and in the end there will only be about three or even less." An auto industry analyst told Wired Insight. 

Judging from the current development situation, domestic new energy vehicle companies have gone through the financing and delivery stages and started to move towards the self-hematopoietic stage. 

As early as the second half of last year, Weimar began to focus on sales and made a series of structural adjustments. Freeman Shen personally served as the general manager of the sales company, and announced the establishment of a chief retail officer, reporting directly to Freeman Shen, and invited wangxin, the former chief marketing officer of Youxin Group, as the chief growth officer. 

"Weimar’s goal is to become the first profitable new energy vehicle company in the world." At the Guangzhou Auto Show Media Day at the end of last year, Freeman Shen also told the media. 

Freeman Shen didn’t just shout slogans. During the epidemic this year, Weimar launched the sales model of "Weimar Direct Purchase", which is similar to the combined version of financial leasing and value-added repurchase, which lowered the threshold for entry consumption of electric vehicles. 

According to Qi Liren, the chief retail officer of Weimar Automobile, told the Economic Observer that after the launch of "Weimar Direct Purchase", Weimar Automobile harvested a large number of orders, and Weimar EX6 Plus 400 Light Edition acquired nearly 30,000 high-intention users within two months. 

Since the beginning of this year, Weimar has also vigorously laid its own sales channels. "Weimar added 46 stores in the first half of the year, and its contacts went deep into third-and fourth-tier cities. In June alone, 18 new retail channels were added, covering 15 cities in China. " Freeman Shen said. 

According to Caijing. com, Weimar will increase its penetration rate in the second half of this year, adding brand contacts on the basis of thousands of stores in thousands of cities. 

As Weimar penetrates into the sinking market, its people-friendly price may push up sales and accelerate the scale effect, which may become the key to Weimar’s profitability. 

Of course, Weimar’s actions not only vigorously expand sales channels, but also develop different models. 

According to relevant data, Weimar will launch three models before the end of 2021, one is the production version of the conceptual 5G SUV at the Shanghai Auto Show in 2019, which will be equipped with 5G technology, the other is the long-life SUV EX6, and finally there is a pure electric car.

"The cruising range of our current mainstream products is 500 kilometers, and it will reach 600 kilometers soon next year. It is expected to exceed 700 kilometers when the car goes on the market in 2021." Freeman Shen said. 

It is worth noting that after the Tesla Shanghai factory is put into production, it will also play a certain role in driving the new energy automobile industry.

In the process of Tesla’s continuous localization, although it will directly hit domestic new energy vehicle enterprises in the short term, in the long run, the problems of cost, charging convenience, cruising range and battery attenuation of new energy vehicles will be gradually solved under the leadership of Tesla. 

At the same time, Tesla’s brand effect has also educated the market to a certain extent, allowing more people to understand and experience new energy vehicles, which will also drive the sales growth of new energy vehicles. 

"We are not in the survival period now, we are in ‘ Long body ’ At this time, we should give users more and better products and cover more people. " Freeman Shen said. 

As a new energy vehicle enterprise that has survived and achieved mass production, Weimar has regained the favor of capital, and after a new round of capital injection, Weimar still has some imagination space, and how big this space is depends on Weimar’s next-generation products and service system.