Country Garden was petitioned for liquidation and bankruptcy was imminent.

Country Garden was petitioned for liquidation and bankruptcy was imminent.

Country Garden objected to the liquidation petition, and the company was finally liquidated.

On February 28, 2024, Country Garden announced that the company was informed that EverLimited filed a liquidation petition against the company in the High Court of the Hong Kong Special Administrative Region on February 27, concerning the unpaid term loan with a principal of about HK$ 1.6 billion and accrued interest between the petitioner and the company.

On October 10, 2023, Jiantao Group announced that Country Garden failed to repay the money according to the financing agreement, and the lender issued a statutory demand for repayment to Country Garden, demanding repayment of some due payables. As of October 10, 2023, the outstanding principal amount of Country Garden was still HK$ 1.598 billion.

In this regard, Country Garden said that the debt amount of the company involved in Jiantao Group accounts for a very low proportion of the overall interest-bearing liabilities abroad, and the radical action of a single creditor will not have a significant impact on the company’s security, normal operation and overall restructuring of overseas debts. The company resolutely opposes the petition for liquidation, and will seek legal advice, take all necessary actions, and actively and properly defend with the consulting team.

Country Garden also said that at present, all the operations of the company are normal, and it will continue to focus on ensuring delivery and operation, and protect the rights and interests of all stakeholders, including house owners, creditors, investors and employees, to the greatest extent. The presentation of the petition does not mean that the petitioner can successfully liquidate the company. On the date of announcement, the High Court did not issue a liquidation order to liquidate the company. The High Court has set the first hearing date of the petition as May 17, 2024.

Regarding the restructuring of overseas debts, Country Garden said that since it was announced that it could not repay all overseas debts as scheduled, the company has hired financial and legal consultants to assist in evaluating the capital structure and liquidity of the Group and formulating an overall solution. At present, an effective communication mechanism has been established with the representative groups of major overseas creditor groups, and the overall restructuring of overseas debt is being actively and orderly promoted.

Big upgrade! IPhone 16 Pro camera is perfect


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https://mobile.zol.com.cn/857/8575564.html
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According to the latest report released by Jibang Consulting, both iPhone 16 Pro and iPhone 16 Pro Max are equipped with quadruple reflecting prisms and support 5x optical zoom function. This feature has brought great convenience to users, because in the previous iPhone 15 Pro series, only the large-screen version of Pro Max supported this function. And this year there will be no more problems. It is worth mentioning that, …

Is the hybrid car PK hybrid electric or plug-in hybrid good?

  

Is the hybrid car PK hybrid electric or plug-in hybrid good?

At present, in the mainstream automobile market, in addition to the traditional fuel vehicles, there are also MHEV(48V light hybrid), HEV (oil-electric hybrid), PHEV (plug-in hybrid), REEV (extended range), BEV (pure electric) and FCV (fuel cell). In this field, consumers especially like to use oil-electric hybrid and plug-in hybrid as the first choice for car purchase, so what is the difference between oil-electric hybrid and plug-in hybrid, and which power system is more suitable for the current car environment?

  The power system of hybrid electric vehicle is mainly composed of control system, drive system, auxiliary power system and battery pack. This hybrid system does not need to charge the battery. We only need to rely on the waste energy recovery of cars to store the electric energy. As we all know, under the condition of low-speed traffic jam and start-stop in the city, due to the influence of vehicle weight and load, it is often the most fuel-consuming stage of the engine. The advantage of the motor is that the torque at low speed is stronger and the dynamic response is more sensitive. Therefore, the combination of hybrid technology of oil and electricity can greatly reduce fuel consumption while ensuring power performance compared with traditional fuel vehicles.

Is the hybrid car PK hybrid electric or plug-in hybrid good?

  Taking Toyota THS-II hybrid power system as an example, the power of engine, generator and driving motor is mechanically coupled by planetary gear mechanism. When starting and driving at low speed, only the motor is used to drive, achieving zero fuel consumption; During normal driving, the engine is used as the main power to drive the wheels, and at the same time, it drives the generator to charge and convert energy into electric energy; When fully accelerating, the engine and motor are driven at the same time, and the dynamic response is stronger; When slowing down or braking, the engine stops running, and the still rotating wheels drive the generator to recover energy, thus charging the battery.

  Another Honda, which is a hybrid electric vehicle, adopts the dual-motor hybrid system i-MMD, which is suitable for being mounted on a medium-sized vehicle (such as the Accord). Different from Toyota’s THS system, Honda’s i-MMD system has a simpler structure, which is combined by the clutch between the engine and the motor.

Is the hybrid car PK hybrid electric or plug-in hybrid good?

  Honda’s i-MMD hybrid system also uses dual motors, and compared with Camry, the motors on the Accord are more powerful. And the whole hybrid system is more inclined to be driven by motor. Under high-speed working conditions, the engine directly drives the car. In hybrid mode, the engine intervenes to charge the motor, and then the motor drives the car. Therefore, the hot hybrid electric vehicles in the market can be roughly divided into THS system of Toyota and i-MMD system of Honda Accord.

Is the hybrid car PK hybrid electric or plug-in hybrid good?

  The hybrid Accord is because the engine only directly drives the wheels when cruising at high speed, which is equivalent to working only in the highest gear. The driving problems at low speed are all done by high-power motors, which simplifies the driving structure. The hybrid Camry uses planetary gear mechanism to realize the distribution of engine/motor power output. Although they have different working principles, they can have good fuel economy.

  I have also tested the eighth generation Camry hybrid and the tenth generation Accord hybrid. When driving in the city, the Accord hybrid is stronger than the Camry hybrid in terms of dynamic response and vibration when the engine is involved.

  In a macro sense, plug-in hybrid is also an oil-electric hybrid system, but according to the dependence of vehicles on electric energy, hybrid can be divided into weak hybrid (also known as MILD HYBRID, soft hybrid, micro hybrid, etc.), moderate hybrid, heavy hybrid FULL HYBRID (also known as full hybrid, strong hybrid, etc.) and plug-in hybrid. The Toyota Camry hybrid and Accord hybrid just cited belong to the category of strong mixing.

  Compared with the hybrid version, the plug-in hybrid vehicle has a larger battery capacity (generally, it can travel more than 50Km on pure electricity), and provides a better fuel-saving ratio. It belongs to the hybrid vehicle with external power supply, and the main power output lies in the motor. Only after the electric output of the motor is exhausted can the traditional engine be used to travel, and the battery can be charged in time.

Is the hybrid car PK hybrid electric or plug-in hybrid good?

  Take BYD Qin Pro DM version as an example. The DM dual-mode plug-in hybrid version will be equipped with a plug-in hybrid system with a 1.5T+ motor, with a maximum power of 113kW(154PS) and a permanent magnet synchronous motor with a maximum power of 110KW and a torque of 250 Nm. The pure battery life of MIIT is 80km. The transmission is matched with a 6-speed dual-clutch gearbox. The official 0-100Km/h acceleration time is 5.9s.

  Advantages: Compared with the fuel version, it has higher fuel economy and driving texture.

  The main power source of the hybrid electric vehicle is still the engine, but with the assistance of the motor, it can replace the most oil-consuming working condition of the engine. That is to say, when the city is driving at low speed and in congested conditions, the engine rarely intervenes. In most cases, the vehicle is driven by the motor, which avoids the waste of oil consumption when the engine is driving at low speed and the load is high, thus improving fuel economy.

  Moreover, compared with the traditional fuel version with the same displacement, with the assistance of the motor, its dynamic performance is more excellent, and the dynamic response is more direct because it depends on the motor at low speed. In addition, at low speed or idle speed, the engine is stopped. Compared with the fuel version, the car is quieter and the driving quality is better.

Is the hybrid car PK hybrid electric or plug-in hybrid good?

  Take the tenth generation Accord Sharp Hybrid as an example, it is equipped with the third generation i-MMD hybrid power system and a brand-new IPU (Intelligent Power Unit). The power system consists of a 2.0L naturally aspirated engine, dual motors, an e-CVT gearbox, a power control unit and a lithium battery. Among them, the 2.0L engine has a maximum power of 107 kW and a peak torque of 175 Nm. The maximum power of the motor is 135 kW, the peak torque is 315 Nm, the comprehensive output power is 158 kW, the acceleration of 100 km is only about 8 seconds, and the official comprehensive fuel consumption is 4.0L/100km.

Is the hybrid car PK hybrid electric or plug-in hybrid good?

  At low speed and idle speed, vehicles and air conditioners and other electronic equipment are driven by motors, and they start quickly. However, in the case of rapid acceleration, the engine and the motor work together, and the engine intervenes smoothly with little vibration. Compared with the fuel version, it has a better and quieter driving texture, and at the same time, the fuel economy advantage is more obvious.

Is the hybrid car PK hybrid electric or plug-in hybrid good?

  We also take the sales of Camry and Accord as examples. After the 10th Accord went on the market, by the end of the 18th century, the cumulative number of car owners had exceeded 120,000. In the fourth quarter, the average monthly sales of nearly 20,000 vehicles won the overall B-class car market sales champion, while the average monthly sales of Camry, the largest competing product in the same class, was 13,000 vehicles in the fourth quarter.

Camry & Accord Sales Analysis car make and model Sales in the fourth quarter of 2018 Sales in January 2019 Year-on-year growth rate in January 2019 Camry 40,491 vehicles 19,720 vehicles 58.7% Accord 59,614 vehicles 23,649 vehicles 24.9%

  In addition, in January 2019, the sales volume of the 10th generation Accord terminal was 23,649 vehicles, up 24.9% year-on-year, of which 2,524 vehicles were sharp and hybrid, up 31.3% year-on-year, while Camry sold 19,720 vehicles. It can be seen that the Accord with lower pricing is more favored by consumers, and at the same time, more and more consumers are more willing to buy a more balanced hybrid model of oil and electricity.

  Disadvantages: compared with the fuel version, the price is too high, there is no new energy subsidy, and there is no advantage in high-speed fuel consumption.

  Compared with the fuel version of the same model, the hybrid version of oil and electricity has a more complicated structure due to the addition of a battery pack, so the cost is higher. Moreover, the hybrid model of oil and electricity will not enter the catalogue of new energy vehicles. To put it simply, the hybrid model is the same as the traditional fuel model and will not enjoy the national new energy subsidy.

Is the hybrid car PK hybrid electric or plug-in hybrid good?
Price analysis of fuel version and hybrid version of the same model car make and model Price range of fuel version (10,000 yuan) Price range of hybrid models (10,000 yuan)  Corolla  10.78-14.38  15.28-17.58  Camry  17.98-25.98  23.98-27.98 Accord 16.98-22.98 19.98-25.98 Sonata IX 16.98-23.18 20.98-24.98

  For this reason, we specially selected several models that are popular in the market, namely Corolla, Camry, Accord and Sonata IX. As can be seen from their guide prices, the starting price of the fuel version and the price of the top model are lower than those of the hybrid version, and the price difference of the same configuration model is generally around 30,000 yuan, which makes consumers reluctant to buy more expensive hybrid models.

  In addition, the hybrid gasoline-electric vehicle starts running under the condition of continuous and uniform high-speed driving. At this time, because the power of the motor is small, it can’t give full play to its advantages, so the fuel consumption when running at high speed is higher than that in urban areas. However, this is limited to the hybrid version itself, which is still more fuel-efficient than the fuel version at high speed.

  Advantages: Zero emission in urban transportation, stronger motivation, license policy in some areas, and national and local new energy subsidies.

  Plug-in hybrid models are equipped with larger battery packs. At present, the pure battery life of plug-in hybrid models sold in the market generally exceeds 50Km, which can basically meet the daily commute in urban areas. If you use pure electric mode to commute to work, you can achieve zero emission in urban commuting.

  In addition, in recent years, China’s relevant policies have subsidized, encouraged and supported new energy vehicles, and there are new energy vehicle policies in Shanghai and Guangzhou. Plug-in hybrid vehicles can be licensed and enjoy national energy-saving subsidies, and these points have also become the most advantageous parts of plug-in hybrid vehicles.

  Disadvantages: charging piles are needed. Fuel consumption is higher when the battery is dead.

Is the hybrid car PK hybrid electric or plug-in hybrid good?

  The picture comes from the Internet.

  When the battery is fully charged, you can commute as a pure electric vehicle. But when the battery has no battery, it needs a charging pile to charge it. Although there are many charging piles in first-tier cities, the growth rate of these infrastructures is relatively slow. In addition, the proportion of consumers who own private charging piles is still too small, and charging has become a problem for many new energy owners.

  For this reason, many owners of plug-in hybrid vehicles only run it as a traditional fuel vehicle. However, because plug-in hybrid vehicles are loaded with large-capacity battery packs, they weigh hundreds of kilograms compared with traditional fuel vehicles, so under the same engine displacement, the acceleration time is slower and the fuel consumption is higher.

Is the hybrid car PK hybrid electric or plug-in hybrid good?

  The schematic diagram shows BYD Qin Pro fuel version.

  Let’s take BYD Qin Pro fuel version and Qin Pro DM dual-template models as examples. The kerb quality of Qin Pro fuel version 1.5TI dual clutch version is 1360Kg;; The kerb mass of Qin Pro DM double-template model is 1690Kg, and the difference between the two cars is 330Kg, which is equivalent to the weight of four adult males. It can be seen that when the battery is dead, it is equivalent to driving with full load, and the power performance and fuel economy will inevitably decline.

  In the current form, the biggest drawback of new energy vehicles lies in the charging speed and cruising range. When the battery capacity reserve and charging technology can not reach the convenience of traditional fuel vehicles, it is wiser to choose hybrid models of oil and electricity and plug-in hybrid models.

  Then, if you want to make a choice between hybrid electric vehicles and plug-in hybrid electric vehicles, I personally recommend hybrid electric vehicles besides the policy of sending licenses to local plug-in hybrid electric vehicles. Because this kind of vehicle has the same convenience as the transmission fuel vehicle (just refuel), and it has a great improvement in fuel economy and driving quality compared with the traditional fuel vehicle, so at present, the hybrid version of the vehicle has more advantages.

A new interpretation of the IP of the super net text on January 15 th after the finalization of "Wu Dong Gan Kun: Nine Heavenly Symbols Tower"

       The power of Panlong is surging, and the general trend of the city is raging. The peak of juvenile forest movement will be fought again.

      Based on Li Hu’s novel Wu Dong Gan Kun, the film Wu Dong Gan Kun: Nine-fold Symbol Tower was announced to be broadcast solo on Tencent video network on January 15th, 2020. As the second film in the series of "Wu Dong Gan Kun", the story of "Wu Dong Gan Kun: Nine Heavenly Towers" connects the preceding with the following, telling the story that Lin Dong revived the Lin family after winning the ancestral stone power unexpectedly and was involved in a tripartite power dispute in Yancheng.

       The film inherits the essence of the original "burning cool", continues the excellent production of the first "Wu Dong Gan Kun: Nirvana Stone", creates a world of oriental punk martial arts with originality, innovates the traditional impression in the film and television presentation of the novel, and shows the audience a different Wu Dong Gan Kun.

       The series "Wu Dong Gan Kun" was produced by Pingzhi Film and Television, and jointly produced by tianyi reading, Tianjin Deep Blue Film and Television, Guangdong Youchuang Group Photo, Tiansheng Film and Television, Skyworth cool open, Beijing Yize Culture, One Ride as a Thousand, Yuanchu Film and Television, Cricket Eye Film and Television, Dayoudong Film and Television and Tianjin Film and Entertainment. Directed by Huo Suiqiang and written by Peng Yong. Mainland young actors Wang Luojia, Xia Mo, Wang Hanyang, Zhang Yuchen, Zhang Yaqi, Li Zhen ‘an, Jiang Guojun, Li Muer, Zhou Zhuo and others all starred in it.

       The story of "Wu Dong Gan Kun: Nine Heavenly Pagodas" is followed by the first novel "Wu Dong Gan Kun: Nirvana Stone". At the invitation of Master Yan, Lin Dong and his sister Qing Tan came to Yan City, but unexpectedly he was involved in a storm. Wei Tong, the owner of the Blood Dress Door, snatched the green sandalwood in order to obtain the ancestral stone in Lin Dong’s body. Lin Dong had to join hands with Xuan Su, the president of Wanjin Chamber of Commerce, to save the green sandalwood. At the same time, Yueshan, the leader of the Blood Wolf Sect, was also stirring in the dark, and a bloody rain was about to start in the burning city.

       In the original novel "Wu Dong Gan Kun", there is a lack of description of Yancheng, and the director made bold innovations and ideas in the film. "The original intention of the design of Yancheng is to make it a city extending in all directions, where people from all over the world can come to develop their own sects and careers. It is such a huge economic complex," said Huo Suiqiang, the director.

       The concept of modern industrial city development is introduced into Wudong Gankun, which visually presents the style of oriental steampunk, which is the setting of Yan City in Wudong Gankun: Nine-fold Symbol Tower. Different from the first Qingyang Town, Yancheng mainly presents a huge, magnificent and charming city image, which is very modern and fashionable.

Selling 486,000 yuan, Mercedes-Benz EQE SUV shopping guide

What xiaobian brought today is. Let’s take you to appreciate its style.

Let’s take a look at the appearance of Mercedes-Benz EQE SUV. The front of Mercedes-Benz EQE SUV is round and lovely, and it looks sporty. At the same time, the headlight presents a calm design style, and the overall look is full of dynamic feeling. The car is equipped with LED daytime running lights, automatic opening and closing, adaptive far and near light, automatic steering, delayed closing and so on. Come to the side of the car, the car body size is 4880MM*2032MM*1679MM, the car uses atmospheric lines, the car side gives people a very young and fashionable feeling, with large-sized thick-walled tires, it looks full of sports. In the design of the rear end, the overall shape of the rear end of Mercedes-Benz EQE SUV echoes the front face, the taillight style is more rounded, and the overall layout is impressive.

When I came to the Mercedes EQE SUV, the interior design was angular and the visual effect was very good. The steering wheel of the car is well designed and made of genuine leather, which gives a good grip experience. Take a look at the central control, which is decorated with a 17.7-inch central control screen, which makes the interior design quite layered and meets the aesthetic standards of most consumers. Finally, let’s take a look at the dashboard and seats, which look very eye-catching. The car adopts leather-like seats, equipped with auxiliary seats with memory electric adjustment, seat with memory electric adjustment, seat proportion down and other functions, and the overall comfort and wrapping are not bad.

Mercedes-Benz EQE SUV matches the gearbox, with an acceleration time of 5.1s per 100 kilometers, and the power is completely OK for daily use.

The car is equipped with car networking, driving mode selection, remote control key, Bluetooth key, rear wiper, interior atmosphere light and other configurations, and the configuration has reached the mainstream level of the same level.

After reading this car, I believe you have a general understanding. This class of car is usually the first choice for most people. First of all, it is not expensive, and secondly, all the configurations are quite complete, which is still very worth starting with.

Changan Yidong 1.8T version is first equipped with dual clutch gearbox.

 

    At the end of March, Changan Yidong just went public in China, and the price starting from 73,900 yuan and rich configuration are still very attractive. Yidong is a historic model of Chang ‘an, and its brand-new image gives people a brand-new feeling, which is not only in appearance, interior and configuration, but also in power. After the launch of the 1.6L model at the end of March, and the news that the 1.5T turbocharged model will be launched in the future, the relevant media recently got the spy photos of the 1.8T version of Changan Yidong model.

Escape
[Changan Yidong 1.8T spy photos]

    For the 1.6L model that has been put on the market, we can feel that this model tends to be used at home during driving, which is very valuable as a compact model with its own brand. The power output in the acceleration process is very linear, which is only enough for its vehicle weight of about 1.3 tons. During the test drive, when the speed reaches about 130km/h, the stability of the vehicle is also excellent, and there is no obvious feeling of drifting. It can be seen that Yidong’s driving performance is still good, which has laid the groundwork for the later 1.5T and 1.8T models.

Escape
[Changan Yidong 1.8T spy photos]

    Therefore, it is very exciting to launch a 1.8T model in the future, which reminds people of Volkswagen Bora and sagitar, which have both a 1.6L model for home use and a 1.8T top model for driving performance, and Changan Yidong has also taken such a route. At present, there is no more data on the power parameters of the new model, but the power performance must be good with such a displacement and an escaping body.

Escape
[Changan Yidong 1.8T spy photos]

    At the time when the new power went on the market, Yidong, which was listed in advance, was equipped with a Blue Core1.6L naturally aspirated engine, matching a 5-speed manual transmission. In June this year, an automatic transmission model will be launched. It is reported that next year Yidong will also launch a model equipped with a 1.5T turbocharged direct injection engine and a dual clutch gearbox. The 1.5T engine has in-cylinder direct injection and turbocharging technology, and its maximum power will exceed 120kW, so its power is very superior. It is expected that the 1.8T model may be launched at the same time as the 1.5T model, and it will also be equipped with a dual clutch gearbox.

Changan passenger car 2012 Yidong

Changan passenger car 2012 Yidong Changan passenger car 2012 Yidong
[Cash Changan Yidong]

    Editor’s comment:Equipped with 1.8T Yidong, it can satisfy more consumers’ pursuit of higher performance of vehicles and further expand the positioning crowd of this car.

    More related links

    The price is 739-94900 yuan, and Changan Yidong is officially listed.

    http://info.xcar.com.cn/201203/news_437200_1.html

A shares turned red in the afternoon, who is pulling up? In addition to the "national team", there was originally a foreign giant.

Every reporter Zhao Yun every editor Peng Shuiping

On March 15, the market bottomed out all day, and all three indexes closed up slightly. The Shanghai Composite Index recorded 5 consecutive days. At the close, the Shanghai Composite Index rose 0.54%, the Shenzhen Component Index rose 0.6% and the Growth Enterprise Market Index rose 0.06%.

In terms of sectors, automobile disassembly concept, humanoid robot, metal copper and silicone were among the top gainers, while coal, Sora concept and CRO were among the top losers.

On the whole, stocks rose more and fell less, with more than 4,300 stocks in the whole market rising. The turnover of Shanghai and Shenzhen stock markets today was 944.5 billion, 62.7 billion less than that of the previous trading day, and the turnover fell below one trillion.

Northbound funds bought 10.326 billion yuan in the whole day, of which Shanghai Stock Connect bought 6.792 billion yuan and Shenzhen Stock Connect bought 3.534 billion yuan.

Today is the third Friday in March, which is the delivery date of monthly stock index futures.

MorningThe central bank issued a notice saying that the central bank carried out a 7-day reverse repurchase operation of 13 billion yuan, and the winning bid rate was 1.8%.At the same time, a one-year medium-term loan facility (MLF) operation of 387 billion yuan was launched, and the winning bid rate was 2.5%, which was the same as before.

Wind data shows that 10 billion yuan of reverse repurchase has expired today, and 481 billion yuan of MLF has expired.

existDelivery day effectoverlayThe funds are slightly tight.Under the influence of the Shanghai Stock Exchange 50, Shanghai and Shenzhen 300, CSI 500, CSI 1000 and other major indexes have been slightly adjusted in early trading; 40 minutes before the opening in the afternoon, the decline narrowed slightly, but it continued to fluctuate.

The change node appeared at 13:42, when a sudden wave of continuous buying pulled the index up significantly.

Since then, the market sentiment has gradually warmed up. Since this wave of rebound, the Shanghai Composite Index hasFriday’s Invincible Golden BodyIt’s also maintained,The Shanghai Composite Index has even been 5 consecutive days a week.Yes.

So who was at the bottom?

According to observation,First of all, there is a high probability that the "national team" will participate.Because SSE 50, CSI 300, CSI 500 and other broad-based ETFs have almost simultaneously increased their volume in the steepest pull-up section of the index.

Secondly, it is the accelerated bargain-hunting of northbound funds.

It is worth noting that in addition to the above-mentioned "national team", the funds involved in the explosion today alsoThere is a foreign giant.The figure, that is the world’s second largest index company.FTSE Russell(FTSE Russell)。

The company had previously announced that it would transfer 76 A shares to the index, the index.Changing positions happens to be today.(March 15th).

According to the market value at the end of February this year, after this round of adjustment, A shares will increase from about 5.71% to about 6.18% in the FTSE Russell Emerging Markets Index, and from about 0.55% to about 0.61% in the FTSE Global Index.

The author noticed that among these 76 newly transferred stocks, many stocks are available today.obviousTime-sharing transaction

for exampleCapital securitiesJianyuan trustIn a certain minute, a huge amount of buying suddenly appeared.


There are also imagesHigh-tech developmentsuchIn the minutes before the close, the stock price continued to increase in volume.

And,Late bidding stageThese stocks and even the whole market have seen huge purchases.

To be sure, this adjustment willBring incremental passive allocation of funds for A shares.It is a good thing.Some media reports pointed out that since the beginning of this year, foreign investment has continued to increase.Even in the crash in early February, foreign capital was not the main force to kill the crash.

In short, today’s market bottomed out and turned red, initially ending the continuous adjustment for many days this week, and planting optimistic expectations for next week’s market.

For the market outlook, some people pointed out that,The market has entered a critical stage..

First of all, the A-share market has rebounded a lot since 2635, and the yields of many institutions are also very impressive. In the future, there are only many variables in the whole environment, so at this stage, it is normal to have a cash mood. From the perspective of the overall market structure, artificial intelligence, new energy, consumption and nonferrous metals have also had a round of gains.This stage requires chip precipitation..

Secondly,A shares are entering a performance-intensive disclosure period.. On Wednesday, Industrial Fulian plunged in late trading because the expected performance on that day may not be as good as expected. However, the diving of the stock has greatly affected the market sentiment. Tonight, Contemporary Amperex Technology Co., Limited’s annual report will make a big debut. Although the performance forecast is good, the stock price is quite depressed this morning. In other words, if there is an expected rise, it will not move, and if it is less than expected, it will plummet. At such times, funds will be "awe-stricken".

Third,A number of policies are waiting to be introduced.. This morning, it suddenly came out that the policy details of the implementation methods and standards of the automobile trade-in action plan are being formulated. If it goes well, it is expected to be introduced in the second quarter. Subsequently, auto stocks changed. Beiqi Blue Valley approached the daily limit, and jiangling motors, Yaxing Bus, Jinlong Automobile, Jianghuai Automobile, Haima Automobile and China Heavy Duty Truck followed suit. There are many similar policies, such as the market value assessment plan of state-owned enterprises and central enterprises.

Fourth,Peripheral variables are increasing.. According to the Japanese news agency on March 14th, the Bank of Japan is expected to end the negative interest rate policy at its meeting in March, and make a final decision after the results of the spring wage negotiations are announced on Friday. The media reported that the Bank of Japan will end the negative interest rate policy at the interest rate meeting to be held next week, and pointed out that it will make a final decision after studying the preliminary findings of this year’s Spring Fight (spring salary negotiation between Japanese enterprises and trade unions, also known as "Spring Fight" by the market) on the 27th. At that time, it is not known how much impact it will bring to the global market.

Finally, let’s look at the plate.

Concept of automobile disassemblyIt rose more than 9%, ranking first in the A-share concept sector, setting off a wave of daily limit.


In the news, on March 13th, the State Council issued the Action Plan for Promoting Large-scale Equipment Renewal and Trade-in of Consumer Goods, which opened a new round of trade-in of consumer goods.The "Proposal" proposes that by 2027, the recycling volume of scrapped cars will be about doubled compared with 2023, the trading volume of used cars will increase by 45% compared with 2023, the recycling volume of used household appliances will increase by 30% compared with 2023, and the proportion of recycled materials in resource supply will be further improved.

The program also stimulatedEnvironmental protection plateToday is strong.

On the other hand,Cultivate diamondsPlate sumanthropomorphic robotThe plate is also more active when the market as a whole is weak, with the highest increase.

Regarding the former, since March, the market has been constantly spreading.Cultivate diamonds and raise pricesAccording to the news, some leading enterprises have reported that the current production and sales are full, and there is basically no inventory. The overseas demand continues to improve and the domestic recovery is also very good.

Wanlian Securities said that in the short term, the year-on-year growth rate of India’s cultivated diamond rough imports slowed down in January, and the export of cultivated diamond rough diamonds turned from negative to positive year-on-year, indicating that the demand for cultivated diamonds rebounded in January. In addition, the import of natural rough diamonds rose sharply year-on-year, and the decline of loose diamonds was narrowed year-on-year. However, the price of finished diamonds fell slightly, still fluctuating at a low level. In the medium and long term, with the gradual recovery of the macro-economy and the further popularization of the consumption concept of "please yourself", the downstream consumption demand of diamonds is expected to gradually recover. However, cultivated diamonds have the same composition and structure as natural diamonds, and have a greater advantage than natural diamonds in price. Combined with the education of downstream consumers by media and brands in recent years, the penetration rate of cultivated diamonds is expected to be further improved in the future.

As for humanoid robots,near futureThere are also new trends in the industry.

At the 2024 China Household Appliances and Consumer Electronics Expo, Haier Robot and Leju Robot jointly exhibited the first humanoid robot for family scenes in China — — Kuavo。 According to reports, Kuavo, as the first open source humanoid robot in HarmonyOS that can jump and adapt to multi-terrain walking in China, not only showed its control performance such as jumping and walking quickly, but also showed the hand operation results of washing, watering flowers, arranging flowers and drying clothes recently.

Open source securities said that there is no doubt about the prospect of humanoid robots in the case of giants entering the game. AI and software accelerate iteration, and hardware supply becomes the key to mass production of robots. Compared with the cognitive decision-making system whose performance has been greatly improved after AI empowerment, it is more difficult to acquire hardware with high reliability, high performance, light weight and low cost. No matter how the competition pattern of humanoid robot manufacturers is interpreted, mass production needs to be realized by reliable and low-cost hardware. The domestic supply chain with strong following, manufacturing and cost reduction capabilities is expected to usher in good results.

Cover image source: vision china -VCG211298090733

Tengshi D9, Changan SL03, BYD Seal… Which of these new cars are you most looking forward to in July?

Time is fast, and before you know it, half of 2022 has passed.

In the first half of this year, under the influence of unfavorable factors such as the repeated disturbance of the epidemic and the rising oil price, the domestic auto market is facing severe pressure. According to the statistics of the Passenger Federation, in the first five months of this year, the total retail sales of domestic passenger cars 7.315 million, a year-on-year decrease of 12.8%, a year-on-year decrease of 1.07 million, of which the largest decrease was in April-May.

However, despite the same huge pressure, the overall performance of independent brands this year is not bad. In May, retail sales 620,000 vehicles, an increase of 5% year-on-year, in sharp contrast to the 28% decline in joint venture brands. In the first five months, the retail share of independent brands has reached 46%, an increase of 8.6 percentage points compared with the same period in 2021. The market share of BYD, Geely, Changan and other brands has increased significantly.

The strong growth of independent brands is not only due to the continuous improvement of their own product strength, but more importantly, they have achieved a leading advantage in the new energy vehicle market. Data show that the retail sales of domestic new energy passenger vehicles in the first 5 months 1.712 million, an increase of 119.5% year-on-year. Among them, independent brands are the absolute leader, with a retail share of 85.2% in the first 5 months, compared with only 9.1% of luxury cars and only 5.6% of mainstream joint venture brands.

With the help of the market, the enthusiasm of independent brands in launching new cars, especially new energy vehicles, is also increasing. This is not the case. Among the new cars to be launched in July, the most anticipated and heaviest are still new energy vehicle products.

Here’s a look at what new cars are worth looking forward to this July.

Denza D9

Price range: Pre-sale 335,000 – 460,000 yuan

Tengshi D9 opened the pre-sale on May 16, DM-i hybrid and pure electric a total of 6 configuration versions, pre-sale price range of 335,000 – 460,000 yuan.

As a medium and large new energy MPV, the D9 has a length, width and height of 5250/1960/1920mm, and a wheelbase of 3110mm, which is more advantageous than the Buick GL8 and Toyota Elfa. The wheelbase is even longer than the Elfa by 110mm.

The DM-i hybrid version of the Tengshi D9 has a comprehensive battery life of up to 1040km, a pure electric battery life of up to 190km, and can be charged with oil and electricity. It consumes 5.9L of fuel at a loss of 100 kilometers and is equipped with 80kW DC fast charging. The 30% -80% charging time only takes 25 minutes. The EV version is based on the e platform 3.0 and is equipped with an eight-in-one electric powertrain, a wide temperature domain heat pump system, and a blade battery of BYD’s ace technology. The CLTC has a maximum battery life of 600 + km, a battery life of 150km in 10 minutes, and can charge from 30% to 80% in 30 minutes.

In addition, the new car is also equipped with a Tengshi Link ultra-intelligent interactive cockpit that can achieve 5G speed connection. It has the world’s first seven-screen interconnection design and supports continuous dialogue in the four-tone zone. Pilot’s advanced intelligent driver assistance system can support L2 + level intelligent driving assistance.

Changan dark blue SL03

Price range: Pre-sale 179,800 – 231,800 yuan

At the 2022 Chongqing Auto Show, which opened recently, the Changan Deep Blue SL03 extended range and pure electric version debuted and opened pre-sale, with a pre-sale price range of 179,800 – 231,800 yuan. The official said that the new car will be listed before the end of July, and large-scale deliveries will begin in August.

Changan deep blue SL03 has a certain sci-fi smell of mecha, which is normal, because Changan’s UNI series has this smell. The length, width and height are 4820/1890/1480mm respectively, and the wheelbase is 2900mm, which is comparable to BYD Seal and larger than Tesla’s Model 3. The drag coefficient is also the same as the latter, both 0.23Cd.

The single motor of Changan Deep Blue SL03 pure electric version can reach a maximum output power of 190kW, a maximum torque of 320Nm, and an acceleration score of 0-100km/h of 5.9s. Under CLTC conditions, the comprehensive cruising range can reach 515km and 705km. The extended range version is equipped with a 1.5T engine and motor, and the pure electric battery life can reach more than 200km, the maximum battery life exceeds 1200km, and the fuel consumption of feeder is as low as 4.5L/100km.

In addition, the new car is also equipped with a 10.25-inch LCD meter + 14.6-inch central control screen, providing automatic face tracking function, and is equipped with an APA7.0 remote unmanned valet parking system.

BYD seal

Price range: Pre-sale 212,800 – 289,800 yuan

Like the Changan Deep Blue SL03, the BYD Seal is also a highly anticipated pure electric coupe that can compete with the Model 3. It is reported that since the pre-sale started on May 20, the order volume of the Seal has exceeded 110,000 units. This data volume is quite amazing. Even if it is finally discounted, it is tens of thousands of units. As a BYD model with a pre-sale price of 212,800 – 289,800 yuan, this achievement is amazing.

The length, width and height of the seal are 4800/1875/1460mm, with a wheelbase of 2920mm, which is more advantageous than the Model 3. Its drag coefficient is only 0.219Cd, which is also better than the Model 3’s 0.23Cd.

In terms of power, the SEAL series is equipped with BYD’s own blade battery, with a battery capacity of 61.44kWh and 82.56kWh respectively. The range of the standard battery life version, long battery life version and four-wheel drive high-performance version is 550km, 700km and 650km respectively. Among them, the standard battery life version is equipped with 150kW and 310Nm motors, the long battery life version is equipped with 230kW and 360Nm motors, and the four-wheel drive high-performance version is equipped with the front 160kW, 310Nm/rear 230kW and 360Nm dual motors, and the zero-hundred acceleration only takes 3.8 seconds.

In addition, the SEAL is also the first model equipped with BYD CTB technology and iTAC technology. The former integrates its battery with the body, from the original "sandwich" structure of the battery pack to the "sandwich" structure of the whole vehicle, which simplifies the body structure and production process, and greatly enhances the safety factor; the latter is also known as the "ESP body stability control system for electric vehicles", which can weaken and inhibit vehicle skidding by adjusting the torque at the wheel end, and improve vehicle handling and safety. In addition, the SEAL is also equipped with a high-performance suspension combination of front two fork arms + rear five links, and the vehicle performance is worth looking forward to.

Euler Ballet Cat

Price range: Pre-sale 193,000 – 223,000 yuan

After "bouncing" several times, the Euler Ballet Cat is finally confirmed to be listed on July 12. The car has already started pre-sale in May, and the pre-sale price is 193,000 – 223,000 yuan.

The shape of the Ballet Cat is very similar to the Volkswagen Beetle. The retro round and rectangular headlights, front bumper, arched hood design, and a lot of arc elements in the whole car make it difficult for many young women to resist. The length, width and height are 4401 * 1867/1880 * 1633mm, and the wheelbase is 2750mm, which is almost compact.

The interior is equally classic and refined, and it is very popular with female car owners, such as exclusive steering wheel, storage box, a lot of chrome decoration, and a pink and white color scheme full of princess style.

In terms of power, it will be equipped with a drive motor with a maximum power of 126kW and a high-safety lithium iron phosphate battery pack, providing a range of 400km and 500km.

Haval Kugou

Price range: more than 100,000 expected

After the big dog, the second model of Haval’s "dog family", Kugou, is also coming. It is said that this name is also voted by netizens and is very personalized.

It is understood that the length, width and height of Kugou are 4520/1875/1745, and the wheelbase is 2710mm, which is a little smaller than the big dog. It is probably a competitor with Changan CS55PLUS. Therefore, its price range should also be lower than the big dog (119,900), and it is expected to start more 100,000.

The shape of Kugou is as tough and square as that of a big dog. The design of China Net is very characteristic. The headlight group adopts a round design, which is very classic and retro. It also provides a suspended roof, which enhances the refinement.

In the power part, Haval Kugou will be equipped with a 1.5T turbocharged engine with a maximum power of 135kW, a peak torque of 275Nm, and a 7-speed dual-clutch transmission. It is said that in addition to the regular fuel version, the DHT hybrid version is also expected to be launched later.

GAC Trumpchi Shadow Cool

Price range: 99,800 expected

Shadow Cool is a compact SUV with a length, width and height of 4680/1901/1670mm, a wheelbase of 2750mm, and a size between the GS4 and GS4 PLUS. Therefore, the price of this car should also be between the GS4 and GS4 PLUS. It is expected to start at about 99,800 yuan.

The appearance of Yingku is amazing, using GAC Trumpchi’s new "technology industrial aesthetics" design concept, the whole is very mecha style, the front part of the large borderless middle net is very impactful, embedded in the "V" shape array structure, the LED headlights on both sides of the unique and sharp shape, very recognizable.

The car is equipped with a large floating touch LCD screen and the latest ADiGO 5.0 smart driving connected ecosystem. In addition, some models will also provide Qualcomm Snapdragon 8155 high-computing power smart chips, which is worth looking forward to.

In terms of power, Yingku will provide three sets of dynamic assemblies, namely the 1.5TGDI engine of Julang Power, the 2.0TGDI engine of Julang Power, and a new generation of hybrid system composed of the 2.0ATK high-efficiency Atkinson engine and the GMC 2.0 second-generation electromechanical coupling system.

FAW Toyota Asian Dragon – the allure of TNGA’s flagship model

  Good times make the lucky ones, and bad times make the great ones. This classic quote flowing in the long river of history always reminds people of those winners in life who are struggling despite the difficulties. In fact, the growth process of lucky people and great people also reflects the world of all walks of life, and for the automotive industry, there is never a shortage of heroes who stand out in adversity.

1

  Since the COVID-19 epidemic broke out, the global economy has inevitably been mired in a quagmire. In the automotive industry, there are many brands that cannot survive after being in trouble, but there are also those who have struggled to move forward despite the trend.

  The fruit of the perfect combination between the group with deep roots in China and the group that has been deeply cultivating the Chinese market for decades is that it has shown strong resilience under the heavy blow of the epidemic. Knock-out products have shown strong product power during the epidemic, holding a rock-solid position for FAW Toyota’s market layout after the epidemic has passed.

  The reason why the Asian Dragon has been able to overcome obstacles in the difficult times of strong enemies and economic recession is still due to the customer reputation accumulated since the launch of the best-selling model in 2019, as well as the dimensionality reduction of competitors such as China and Japan after the launch of the 2.0L model lowered the price threshold.

  The sales story written in the 12 months since its listing is the most powerful evidence of the overall strength of the Asian Dragon. As for why the Asian Dragon can occupy a favorable position in the Longtan tiger’s den of the joint venture medium-sized car market as a rookie, in the final analysis, it is because the TNGA structure gives it a unique platform advantage.

  When it comes to TNGA, its significance to Toyota is no less than that of quattro. Toyota has broken out of the traditional industrial chain and derived a disruptive R & D and production system, which has revolutionized the entire brand from the inside out. This concept is specific to every aspect of a car, which is a complete change – TNGA has realized many seemingly contradictory needs of the Asian Dragon in a dialectical and unified philosophical way, and this is also the root of the Asian Dragon’s emergence from rivals such as Passat, Maiteng and INSPIRE.

2

  Among these contradictions, perhaps the most difficult dilemma for automakers is the conflict between increasingly tight environmental protection policies and consumers’ increasingly demanding requirements for power. However, this contradiction has found a perfect solution under the TNGA architecture – the TNGA 2.5L Dynamic Force Engine not only curbs the energy loss of the exhaust and cooling ends, but also increases the thermal efficiency to 41% that rivals are amazed by high-speed combustion and VVT-iE (motor-driven intelligent variable valve timing system).

  In addition, the transmission system also provides a powerful channel for the power under the TNGA architecture, which allows the Asian Dragon to accelerate smoothly and smoothly, but also gives it amazing fuel economy, especially the fuel consumption of the dual-engine version is only 4.3L/100km with the help of the electronic continuously variable transmission (E-CVT). Even if the theoretical fuel consumption is too conservative, the measured fuel consumption of 5.4L/100km from the authoritative media will not lie. Combined with the recent oil price, the cost per kilometer is only 3 cents. This alone is enough to capture the hearts of consumers who value fuel consumption.

3

  The importance of TNGA to the Asian Dragon lies not only in the flawless powertrain, but also in the safety performance of the Asian Dragon to a new height. In the most rigorous US IIHS crash test, the Asian Dragon achieved excellent results in multiple sub-tests with G (excellent review), and finally won the top safety evaluation of "Top Safety Pick +", which also makes Passat and Maiteng who have been struggling in the Chinese market for decades feel ashamed. The reason for such a commendable performance is mainly the improvement of the rigidity of the body by high-strength hot-pressed materials.

  In addition, in the field of active safety, Toyota Group’s proud Toyota Safety Sense (Toyota Collision Avoidance Assist Package) integrates PCS pre-collision safety system, LDA lane keeping system (including steering control function), AHB automatic adjustment high beam system and DRCC dynamic radar cruise control system, plus 10 SRS air bags as standard in the whole system, creating a great safety wall for the occupants of the car. The auxiliary control configuration such as PVM panoramic monitoring system, BSM parallel blind spot monitor, and RCTA rear blind spot warning system on the reversing side solves the worries caused by the blind spot of vision to the owner.

4

  Of course, Asia Dragon’s success is not only due to the TNGA architecture. The smart experience built by the perfect combination of mobile phone connectivity and smart security is also a key part of attracting consumers to choose Asia Dragon. The Baidu Carlife human-machine interaction system used by Asia Dragon allows mobile phones to seamlessly connect with in-vehicle multimedia systems via USB or Wifi, integrating driving navigation, Bluetooth calls and audio-visual entertainment into car life.

5

  The auto market is competing with the law of the jungle every day. Today, joint venture B-class cars such as Taurus, 508 and C6 have long been reduced to a thing of the past. After the big wave, the only remaining models such as Teana, Maiteng and Passat will be the most worthy enemies of the Asian Dragon in 2020. After the epidemic gradually fades, FAW Toyota Asian Dragon will also have the last laugh with the platform advantage and high-quality smart travel experience given by Toyota TNGA.

6

  Because the Asian Dragon, which shares the GA-K platform, has far more comprehensive strength than the B-class car, which makes the Asian Dragon have almost no equal opponents in the joint venture B-class car market. Of course, we also hope to see the Asian Dragon face more challengers in the future, because the crisis consciousness formed by the challenges of elite soldiers such as Passat, Maiteng, INSPIRE and Accord will allow the Asian Dragon to continue to evolve, providing consumers with an unparalleled car experience, and future competitors who come to fight will further motivate FAW Toyota to provide more outstanding car purchase options like the Asian Dragon.

The United States has strict access and heavy supervision, and the ride-hailing platform is responsible for related accidents

  Whenever something new appears in the world, there is always a process of gradual acceptance. In recent years, the Internet car-hailing (hereinafter referred to as "online car-hailing") that has gradually become popular around the world is no exception. Even in the United States, where "online car-hailing" appeared earlier, it has gone through a tortuous journey from illegal to legal.

  Driver and vehicle access are strict

  In the United States, local legislatures and governments are responsible for the legislation and regulation of online car-hailing. The first state to recognize the legality of online car-hailing was California, the birthplace of Uber. In September 2013, the state’s transportation regulator formulated regulations for online platforms. The first state legislation to recognize the legality of online car-hailing was Colorado (June 2014). Subsequently, the Washington, D.C. legislature also passed legislation in November 2014 to legalize online car-hailing. So far, at least 23 states in the United States have recognized the legality of online car-hailing.

  Local legislatures in the United States have quite strict requirements on the access of ride-hailing drivers and vehicles. Although drivers and owners do not need to apply to the government or regulatory agencies, the safety verification of private cars and drivers joining the platform company is quite strict, and the legislation also sets specific requirements for vehicle and driver liability insurance.

  First, in terms of driver access, drivers who apply for online car-hailing must meet the following conditions: be at least 21 years old; have received specialized driving skills training, have a qualified and valid driver’s license and have relatively skilled driving skills; pass the national criminal background check and driving record verification; have purchased qualified insurance and a valid registered local vehicle. Some states require drivers to have more than three years of driving experience.

  Second, in terms of vehicle access, the law requires private vehicles to join the platform company and complete a comprehensive safety inspection including 19 vehicle parts in accordance with regulations before providing service. After that, the platform company is obliged to ensure that the vehicle is subject to the same inspection every year and keep inspection records for review. Severely modified vehicles are prohibited from being used in ride-hailing operations. Legislation in some states requires operating vehicles to pass a comprehensive safety inspection by an authoritative certification body within 90 days before starting service, and every year thereafter; the vehicle should be a four-door vehicle with no more than eight seats (including the driver). The vehicle is not more than 10 years old before starting service; even if it is new, the service period cannot exceed 12 years.

  Third, protect the interests of passengers. The entry requirements and supervision of ride-hailing drivers and vehicles by local legislatures in the United States are themselves measures to protect the safety and interests of passengers. In addition, state laws also have different provisions on vehicle insurance. California legislation requires vehicles that join the platform company to enjoy commercial liability insurance with an insurance amount of not less than $1 million for each accident related to the vehicle and the driver when providing service, and it must be publicized on the platform company’s mobile phone and website. Colorado’s bill requires each driver to purchase liability insurance for his vehicle not less than the legal limit. Before agreeing to the driver to join the online platform service, the platform company should review the evidence of the driver’s purchase of this insurance. In addition, the "Hire Car Innovation Amendment Law 2014" (hereinafter referred to as the "Innovation Law"), which covers ride-hailing, sets out detailed standards for liability insurance, seeking to eliminate any insurance gaps.

  The government cooperates with online platforms to supervise

  According to the laws of various states in the United States, there are no quantity and freight controls for online car-hailing. First, in most places in Europe and the United States, there are no quantity and freight controls for traditional phone-hailing car-hailing cars. Second, in the taxi booking service market, passengers have access to sufficient information to compare and identify the vehicles, services and price points of different car-hailing agencies. Therefore, the problem of information asymmetry is negligible, and it is even less necessary to implement quantity and freight controls for online car-hailing cars. However, the Innovation Act introduced by the legislature of Washington, D.C. stipulates that the freight rates of online car-hailing services must be regulated by law in the event of a government declaration of a state of emergency.

  According to the legislation, the operation and safety supervision of online car-hailing in the United States is basically implemented by the government and the network platform in cooperation. The government formulates the access standards for vehicles, drivers and insurance, and the network platform bears the obligation and responsibility for implementing the standards. First, the government formulates the access standards for vehicles, drivers and insurance in accordance with the laws of the state, and at the same time appropriately regulates the operation of the network platform company; secondly, the network platform must apply to the regulatory agency for government license before starting business operations; thirdly, after obtaining the license, the platform company must undertake the operation management responsibility of managing the access of vehicles and drivers and daily supervision in accordance with the detailed access standards and operation requirements for vehicles, drivers and insurance formulated by the government.

  In addition, Washington, D.C.’s Innovation Act has more detailed provisions on the protection of disadvantaged groups. Platform companies may not increase fees for people with disabilities to ride in online car-hailing services. Drivers of online car-hailing services must load the transportation equipment of people with disabilities when the vehicle conditions permit. The law also requires all platform companies to ensure that software settings for the blind, deaf, and severely hearing impaired are available on their websites and mobile apps by January 2016.

  The platform company is responsible for compensation for the accident

  In terms of passenger information protection, Washington, D.C.’s Innovation Act not only requires platform companies to report and certify compliance with operators’ operations to the Taxi Commission every year, but also has the authority to investigate and copy platform companies’ data on consumer protection. If problems are found, the Taxi Commission has the power to investigate and punish platform companies and operators for violations.

  For the liability after the accident, the laws of Colorado in the United States include: the platform company’s insurance compensation amount for an accident should not be less than 1 million US dollars; second, if the driver logs in to the platform, but has not yet provided an appointment service, in this case, if a traffic accident occurs, the platform company shall bear at least 50,000 US dollars insurance compensation liability for each person in each accident, and shall bear the liability for compensation of not less than 100,000 US dollars for each accident, and for the property damage caused by the use of vehicles in each accident, bear the liability of not less than 30,000 US dollars; the driver does not log in to the platform or the driver logs in, but does not operate on the platform during the period, the platform company is not responsible for the driver’s behavior, and the relevant liability shall be borne by the driver.

  The legalization of online car-hailing has changed the structure of the taxi and car-hailing market, enabling private cars and non-full-time drivers to provide transportation services to the public after meeting regulatory requirements. To a certain extent, this not only breaks the long-term monopoly of the car-hailing industry and eliminates the original boundary between operating vehicles and non-operating vehicles, but also creates opportunities for the restructuring of the taxi and car-hailing market, and also promotes profound changes in legal concepts and regulatory methods.