On May 16th, Baidu (NASDAQ：BIDU, HKEX：9888) released its unaudited financial report for the first quarter ended March 31st, 2023. In the first quarter, Baidu achieved revenue of 31.1 billion yuan, a year-on-year increase of 10%; The net profit attributable to Baidu was 5.8 billion yuan, and the net loss attributable to Baidu last year was 885 million yuan; Baidu’s net profit reached 5.7 billion yuan, up 48% year-on-year.

It is worth noting that Baidu AI Cloud achieved a profit under non-GAAP (non-American Accounting Standards) for the first time in this quarter.

When CBN sent Baidu’s first-quarter results to ERNIE Bot and asked it what it thought, ERNIE Bot gave the wrong financial data in the first answer. After the reporter continued to ask, it finally gave the correct financial data, indicating that these data showed that Baidu’s performance maintained a strong growth momentum under the background of economic recovery, and said that the profitability of cloud business was an important milestone, which meant that Baidu’s position in the digital economy was strengthened and predicted its future development potential.

Li Yanhong, CEO of Baidu, said that he believed that the emergence of generative artificial intelligence and large-scale language models showed the transformative potential of artificial intelligence in all walks of life, and Baidu planned to steadily incorporate ERNIE Bot into all its businesses. Luo Rong, CFO of Baidu, said that in the next few quarters, Baidu will continue to unswervingly invest in the field of generative artificial intelligence.

In addition, in the first quarter, Baidu repurchased 195 million US dollars of shares. Baidu shares rose 3.3% in pre-market trading in the United States.

Under the condition of reducing cost and increasing efficiency

In the first quarter, Baidu’s core online marketing revenue was 16.6 billion yuan, a year-on-year increase of 6%; Baidu’s non-GAAP increased by 45% year-on-year to 5.36 billion yuan. The core performance growth of Baidu has promoted the profit growth of Baidu Group.

The growth of profitability, on the one hand, benefited from the rapid economic recovery in China, which led to a substantial increase in marketing budgets in tourism, business services and local services; On the other hand, it lies in the continuous implementation of Baidu’s comprehensive cost reduction and efficiency improvement measures in the past year.

At the beginning of January this year, Baidu, which has always emphasized the investment in technology and R&D, once reflected on the gap between technology R&D and practical application at an internal staff meeting. At that time, Li Yanhong emphasized the importance of matching technology with the market, and asked technical experts not to "flatter themselves" and do what the market really needed. He also mentioned that he encountered many unexpected situations in terms of "reducing costs and increasing efficiency". For example, many employees don’t have a deep understanding of the nature of business, especially Baidu’s many new businesses are losing money. After a long time, employees and even some executives feel that losing money is a matter of course and will not think about making money.

Li Yanhong said that Baidu has begun to adjust. Gross profit is more quality than income, and it should also pay attention to operating profit and cash flow.

Judging from the results announced by Baidu today, Baidu’s revenue cost in the first quarter was 15.2 billion yuan, down 3% from the same period of last year; R&D expenditure was 5.4 billion yuan, down 3% from the same period of last year. Expenditure on sales, general affairs and administration was 5.6 billion yuan, a year-on-year increase of 20%.

In terms of user data, in March 2023, the MAU (monthly active users) of Baidu App reached 657 million, a year-on-year increase of 4%. Baidu also disclosed for the first time that e-commerce revenue has become the highlight of the mobile ecology. In the first quarter, the quarterly GMV contributed by Baidu search increased by 55% year-on-year.

In terms of intelligent driving, in the first quarter of 2023, the order volume of Baidu’s autopilot service radish run was about 660,000, a year-on-year increase of 236%.

As of March 31, 2023, the total value of cash, cash equivalents, restricted cash and short-term investments held by Baidu was 194 billion yuan. If Aiqiyi is excluded, the total value of cash, cash equivalents, restricted cash and short-term investments held by Baidu is 188.8 billion yuan.

Test the big model in all businesses.

　In the first quarter of this year, Baidu’s share price experienced a sharp rise in the rumor stage because it would launch an AI product similar to ChatGPT, but it also fell more than 10% on the day of product release and rebounded the next day.

"The fluctuation reflects the contradictory mentality that investors have both expectations and fears for Baidu’s AI product." Zhang Yi, CEO of Ai Media Consulting, said in an interview with CBN.

On March 16th this year, ERNIE Bot, a Baidu ChatGPT product, launched an invitation test, which demonstrated the ability of AI in five usage scenarios: literary creation, commercial copywriting, mathematical calculation, Chinese understanding and multimodal generation.

At present, Baidu is rapidly integrating ERNIE Bot into all its businesses for testing, and using its capabilities to reshape the company’s products and services for enterprises and consumers. For example, Baidu Library has been connected to ERNIE Bot by internal testing, and launched "Baidu Library Document Assistant" to generate professional documents for users; ERNIE Bot has also been fully applied in the intelligent work platform "Ruliu" to solve difficult problems and improve work efficiency. Baidu said that up to now, ERNIE Bot has completed four major technological upgrades, and more than 300 eco-partners participated in the internal testing in ERNIE Bot, and achieved testing results in more than 400 internal scenarios of enterprises.

With the maturity and involution of the mobile Internet, the competition in the field of artificial intelligence today is more intense than ever. Some people call the big model entrepreneurship that has been piled up in recent days "Hundred Models War". In the face of the entrepreneurial wave of Generative Artificial Intelligence (AIGC), Li Yanhong also said that the challenges faced by Baidu are unprecedented. Whether Baidu ERNIE Bot can catch up with ChatGPT depends on Baidu’s own efforts, ability to seize opportunities and execution. "Whether our strategy, talents, organizational mechanism and culture can adapt to the new situation and whether we can continue to innovate in the new environment is a matter of life and death."

Under the new wave of artificial intelligence driven by big models, customers generally have more demand for cloud computing. In the past, cloud computing mainly sold computing power, depending on speed and storage. Today, customers buy cloud services based on whether the framework and model are good or not, not just on computing power. In the eyes of the industry, the once stable domestic cloud computing pattern is welcoming variables.

Because the big model is still in its early stage, Baidu has not announced the revenue brought by the big model, but as the underlying foundation of the big model, the financial report shows that Baidu AI Cloud achieved a non-GAAP in the first quarter, and its revenue increased by 8% to 4.2 billion yuan. According to Baidu, from the second quarter of 2022, Baidu AI Cloud will focus on sustainable growth and improve its business health.　　

　

　

　

　

　　On May 27th, China Central Radio and Television General Station released a new cooperative enterprise on the "Brand Power Project", announcing thatCITIC Group, Great Wall Motor, Lenovo GroupJoin formally"Brand Power Project" in 2022.

　　Peng Jianming, member of the editorial meeting of the Central Radio and Television General Station and general manager of the general manager’s officeThe speech said that since 2022, the epidemic has repeatedly brought pressure to our life, but the fundamentals of China’s economy have not changed in the future. At present, our country has entered a new development stage of building a socialist modern country in an all-round way, and the brand bears an increasingly important historical mission. Brand is an important cornerstone of economic development. The quantity and quality of well-known brands reflect a country’s economic strength and comprehensive national strength to some extent. With the high-quality development of China’s economy, the number of China enterprises entering the world’s top 500 brands has increased year by year, and their rankings have also risen sharply. Brand is also a booster of consumption upgrading. With its quality assurance and strong appeal, it guides people to pursue a healthier, more environmentally friendly and more quality consumption life. Brand building is related to the development of every enterprise and affects everyone’s life.

　　In April this year, the CPC Central Committee and the State Council issued the "Opinions on Accelerating the Construction of a National Unified Market", calling for speeding up the construction of a national unified market with high efficiency, standardization, fair competition and full opening, and promoting the smooth flow of commodity resources in a wider range. In this context, the leading role of brands in economic development is more prominent.

　　In 2022, the "Brand Power Project" of the Central Radio and Television General Station thoroughly implemented the new development concept, further strengthened the national engineering concept, refined the large-screen TV communication, deepened the new media communication service, and provided the China outstanding brands with the integrated media communication service with large-screen and small-screen linkage and online and offline resonance, which was fully recognized by the market, attracted more than 40 outstanding brands to join, helped them achieve excellent results in brand building and marketing, and greatly enhanced the global influence and market share of the China brand.

　　For example, the data shows that the operating income of Yili Group, a "brand power project" enterprise, increased by 13.4% and its net profit increased by 24.3% in the first quarter. Yanghe’s operating income in the first quarter increased by 23.82% and its net profit increased by 29.07%. China Mobile’s revenue in the first quarter increased by 14.56% year on year. Gree Electric’s first-quarter net profit increased by 16.28% year-on-year. Junlebao jianchun yogurt sales in the first quarter increased by 113.8% year-on-year. Wahaha, Haier, Yunnan Baiyao and other enterprises have also achieved remarkable results. In the list of Top 500 Global Brand Values in 2022, there are 84 brands listed in China, among which China Industrial and Commercial Bank, Huawei, China Agricultural Bank, Maotai, China Mobile, JD.COM, China Telecom and other enterprises are in the forefront.

　　The outstanding performance of the "Brand Power Project" enterprises has inspired more high-quality enterprises to join the "Brand Power Project" family. Today, CITIC Group, Great Wall Motor, Lenovo Group and Headquarters have reached a new strategic cooperation of "Brand Power Project" in 2022, telling the story of China brand and spreading the voice of China brand together to help build a double-cycle pattern.

　　The achievement of this cooperation highlights the mission of the Central Radio and Television General Station to serve the national strategy with media action, and also reflects the firm confidence of China enterprises in the long-term improvement of China’s economy. Let’s gather the light of the brand together, shine on the road of strengthening the country, and let’s meet a better tomorrow with the struggle of the new era!

　　Ren Xuean, Executive Deputy Convenor of General Manager’s Office of Central Radio and Television General Station.It is said that the "Brand Power Project" has strict screening criteria for partners. The selected brands must be leading brands in important industries related to the national economy and people’s livelihood, must pursue high-quality development, and must actively assume social responsibilities and serve the overall situation of the party and the country. The three new partners joined this time are outstanding in the fields of financial services, automobile industry and IT technology.

　　Xie Zhibin, Party Member and Vice President of China CITIC BankIt is said that CITIC Bank has always attached great importance to brand building. Under the guidance of CITIC Group’s strategy of "building an excellent enterprise group and casting a century-old national brand", it has contributed CITIC wisdom and strength in many fields, highlighting the brand value of CITIC Bank. We have maintained close cooperation with the front desk for a long time, and with the help of the gold resources of the front desk, we have amplified the communication volume of CITIC Bank. This year coincides with the 35th anniversary of the establishment of CITIC Bank. Standing at a new starting point, CITIC Bank actively participated in the "Brand Power Project" of the Central Radio and Television General Station, told the brand story of CITIC Bank, shaped a strong brand and built a value bank.

　　Feng Mu, rotating president of Great Wall MotorIt said that in order to achieve the goal of brand promotion, Great Wall Motor is committed to building a virtuous circle of automobile industry ecology, and comprehensively and thoroughly innovates and changes around the new positioning of "global layout", "R&D investment", "enterprise transformation" and "user operation", and puts forward the "2025 strategy" of Great Wall Motor, so as to achieve the goal of global annual sales of 4 million vehicles by 2025, with super operating income. In the future, we will continue to allocate resources, relying on the industrial Internet, constantly create value for users, realize co-creation, sharing and win-win with users, and achieve a new brand name card of China.

　　Wang Chuandong, Vice President of Lenovo Group and Chief Marketing Officer of China DistrictIt is said that since 2019, Lenovo Group has become a member of the "Brand Power Project" of the General Station. Through continuous brand communication, it has greatly enhanced the public’s awareness and understanding of Lenovo brands. Over the past 40 years of reform and opening up, China’s manufacturing industry has grown from weak to strong, and more and more China enterprises have emerged as the world’s top 500. Lenovo Group is such a company. It started as a communication office in Zhongguancun, and now it has become a global company rooted in China, and has remained the first brand in the global PC market for the past decade.

Is New Year’s Eve New Year’s Eve?

New Year’s Eve is New Year’s Eve. Because New Year’s Eve often falls on the 29th or 30th day of the twelfth lunar month in the summer calendar, it is also called New Year’s Eve, which is one of the most important traditional festivals in China.

New Year’s Eve, also known as New Year’s Eve, New Year’s Eve, New Year’s Eve, New Year’s Eve, etc. It is the last night of the twelfth lunar month (December) every year. In addition, that is, the meaning of removal; Evening means night. New Year’s Eve is also a festival to bid farewell to the old and welcome the new, to start all over again and to renew everything.

What activities are there on this day?

After a series of careful preparations at the end of the year, on this day, everyone lived a colorful life. The most common thing is that every family will get together and have a reunion dinner in jiaozi. Among many jiaozi, only a few with peanuts or other nuts are wrapped. Whoever eats such jiaozi indicates good luck and good luck in the new year. Then red lanterns are hung outside the house, and the whole family sit together to watch the Spring Festival Evening. When the midnight bell rings, firecrackers are set off, hoping that the coming year will be full of prosperity and good luck.

What food do you eat on this day?

Both the north and the south will choose to eat fish in this festival, which means "more than one year", so it is a necessary dish for New Year’s Eve. In the south, rice cakes are indispensable dishes, because there is a good color "Niangao", which has the meaning of making a fortune, rising step by step and being sweet, hoping for a complete and sweet life in the new year. The north is used to eating jiaozi, also known as "Jiaozi", which means "Jiaozi at the age of four". Moreover, jiaozi looks like an ingot, pinning its hopes for a rich income in the coming year. With the improvement of people’s living standards, the food on the New Year’s Eve is becoming more and more abundant. In addition to the common hot pot, people in some areas will specially prepare ten dishes, which stands for "perfection".

　　CCTV News:According to the Beijing Meteorological Bureau, it is estimated that from 14: 00 on September 8 to 20: 00 on September 9, there will be heavy rains with accumulated rainfall of more than 50 mm in Mentougou, Fangshan, Changping, Shijingshan, Miyun, Pinggu, southern Yanqing, central and southern Huairou, northern Shunyi, northern Haidian, western Fengtai, southern Daxing and southern Tongzhou, accompanied by short-term heavy precipitation with hourly rainfall of more than 30 mm, and induced by heavy precipitation in mountainous and shallow mountainous areas.

　　It is estimated that from 14: 00 on the 8th to 20: 00 on the 9th, there will be a rainstorm with a cumulative rainfall of more than 50 mm in Changping District, accompanied by short-term heavy rainfall with an hourly rainfall of more than 30 mm in the local area, and secondary disasters such as floods, flash floods and geological disasters in small and medium-sized rivers induced by heavy precipitation in mountainous areas and shallow mountainous areas are at greater risk, and water accumulation is prone to occur in low-lying urban areas. Please pay attention to prevention.

　　At present, there is light rain in Mentougou District in the evening. The main rainfall period is on the night of the 8th, and there is short-term heavy precipitation of more than 50 mm at a single point. Please take precautions.

The price war in the new energy vehicle market is still going on, and there are strong competitors in all price segments. Among them, Extreme Fox Alpha T5 and Zero Run C11, which are in the price range of around 150,000, are all concerned. Zero-run C11 is a representative model of new energy vehicles, which not only has good performance in terms of battery life and configuration, but also its pricing is very close to the people. Extreme Fox Alfa T5, a pure electric vehicle transformed from a traditional automobile manufacturer, is equipped with a large number of brand accessories, plus a limited time discount of 25,000 yuan, with a starting price of only 130,000 yuan. When choosing a car, it is difficult to measure the advantages and disadvantages between the two.

Comparison of price and positioning

First of all, there is no doubt that the price is a very important consideration when buying a car. The starting price of Extreme Fox Alpha T5 is 130,800, and the highest configuration is 174,800. In contrast, the starting price of the zero run C11 is 151,800, and the top model is 205,800, without any discount. For consumers with a small budget, the price/performance ratio of Fox Alpha T5 is obvious, with lower entry threshold and higher price/performance ratio.

Comparison of space and size

In terms of space, they are all medium-sized SUVs. The polar fox Alpha T5 has a length of 4,690 mm, a width of 1,936 mm, a height of 1,650 mm and a wheelbase of 2,845 mm.. The sprint C11 has a length of 4750mm, a width of 1905mm, a height of 1675mm and a wheelbase of 2930mm. Although the body length and height of the zero-run C11 are slightly higher than those of the zero-run C11, the polar fox Alpha T5 has a larger internal space by virtue of its width advantage, thus gaining more space. However, the size of the zero-run C11 is larger, which has caused some inconvenience to parking.

Power and endurance comparison

In terms of power and endurance, the Extreme Fox Alpha T5 is equipped with 252 motors, with 272 at the top and a maximum torque of 360 Nm. The top version of the zero-run C11 is equipped with two engines, with a maximum power of 544 horsepower and a maximum torque of 720 Nm. Single-motor-driven engine with 272 horsepower and maximum torque of 360 Nm. Although all the parameters of the zero run C11 are excellent, its real acceleration ability is only 7.5 seconds for the polar fox Alpha T5, and only 7.9 seconds for the single-motor zero run C11. Because the car body is lighter, the polar fox Alpha T5 has stronger acceleration.

As for endurance, the entry-level version of the Extreme Fox Alpha T5 can run 520 kilometers, and the highest level can run 660 kilometers. The zero-run C11 is equipped with various types of batteries for different configurations, but the cruising range of the entry version is only 515 km, and the maximum cruising range is only 580 km. In terms of endurance, the superiority of the polar fox Alpha T5 is obvious.

Like the Extreme Fox Alpha T5, it uses a big brand like Contemporary Amperex Technology Co., Limited and its 800 V structure, which enables it to charge quickly. Brand-new technology and numerous mainstream manufacturers make the Extreme Fox Alpha T5 a strong competitor in the new generation of electric vehicle market.

Design configuration comparison

The Extreme Fox Alpha T5 has the latest family style, with smooth lines and sharp edges, and the headlights add a sporty atmosphere to it. The design of hidden door handle improves the convenience of opening. The zero-run C11 adopts the headlights and rear lights commonly used in traditional new energy vehicles, which looks rounder overall, but there is no special design style.

From the inside, the Extreme Fox Alfa T5 is higher in workmanship than the cars of the same class. The big screen in the middle is simple in design, and the collision interior presents a fashionable feeling. The retail C11 is trying to create a "moving home", but the interior is a bit old, and the purple tone is a bit old. In addition, the polar fox Alpha T5 is equipped with a programmable cockpit, which can provide passengers with more personalized choices to meet various needs.

Quality and safety comparison

The polar fox Alpha T5 comes from Magna.manufactureBase and high-standard production technology ensure the quality of products. However, after all, the retail C11 is a new energy automobile enterprise, and it is still produced in the foundry, so the quality is hard to say.

From the safety point of view, the air quality in the car of the Extreme Fox Alpha T5 is also outstanding. The VOC in its car meets the standards of infants and babies, and the formaldehyde concentration is much lower than that of C11. In addition, the polar fox Alpha T5 also has higher antibacterial performance, which is more conducive to the health of passengers. In terms of passive safety, the Extreme Fox Alpha T5 adopts 81.0% high-strength steel and aluminum alloy materials, which makes the car body stronger and more secure for the safety of passengers.

To sum up, the Extreme Fox Alpha T5 has a good performance in price, endurance, appearance, quality and safety, and it is a very good new energy vehicle. In contrast, the zero-run C11 has advantages in all aspects, but it is somewhat dwarfed by the polar fox Alpha T5. If your budget is small, but you care about the price, then the Extreme Fox Alpha T5 will be your first choice.

At the past Chengdu Auto Show, the first Kunpeng DHT hybrid model, Tiggo 8 PLUS Kunpeng e+, was launched, and the heat was still quite high. Since then, people around Kung Fu Car have been asking what the hybrid strength of Kunpeng DHT is. After all, it is the latest masterpiece of "Technical House" and whether it has surpassed the DM-i super hybrid system.

Kung fu car didn’t want to answer this question, but in fact, strictly speaking, the two are not a divination. DM-i is a HEV architecture made of PHEV, while Kunpeng DHT hybrid is a traditional PHEV architecture, adding some functions of HEV, which sounds a bit circuitous.

Let the Kung Fu car explain it to everyone. I can only say that these two can’t really hit each other.

(1) The biggest advantage of DM-I super hybrid is fast, economical, quiet and smooth.

First of all, it must be admitted that before DM-i, it has actually been mixed for many years, and it has also produced super-performance monsters with an acceleration of less than 5 seconds, but its influence is not the same as that of today’s DM-i, mainly because some key points have not been opened.

Let’s take a look at this ugly picture drawn by Kung Fu car. There are only six parts in total, which looks very simple, and this is the working schematic diagram of DM-I.

There are three driving paths, one is that the engine drives the generator and then drives the driving motor, the other is that the power battery drives the driving motor, and the third is that the engine directly drives the wheels through the clutch. Of course, it can also be driven by two sets of oil-electric drive chains at the same time, which is only used at ultra-high speed and rapid acceleration.

Very simple, in pure electric mode, it can be directly driven by battery, but at high speed with low motor efficiency, the engine will be directly driven. In most other hybrid modes, the engine drives the motor to work through the generator.

This is actually what we are trying to get through. The engine is more often used as a "charging treasure". It only uses the boring head to drive the generator to generate electricity, and then the motor only uses the boring head to drive the wheels. If there is excess electricity, it will be delivered to the battery. In this mode, the function of the power battery is greatly weakened, and it becomes an "energy pool". Of course, another point is that the engine can have average performance but high efficiency. After all, its biggest function is to generate electricity.

When driving in urban areas, 99% of DM-i vehicles are driven by motors, while 88% and 82% of DM-i vehicles are driven by motors under NEDC and WLTC conditions respectively. In other words, if you drive in the city, it is basically equivalent to a tram.

And what are the advantages of motor drive? First of all, it is fast. After all, it can output the maximum torque in the first time. Taking Qin PLUS as an example, its 0-100km/h acceleration time is 7.3 seconds, which is definitely fast enough. In fact, it is enough to save, not to mention pure electric driving. The fuel consumption in the state of power loss is 3.8L/100km. After all, the thermal efficiency of the engine is as high as 43%, while the conversion efficiency of the generator and the driving motor is above 95%. Then there is quietness and smoothness, which is also the inherent advantage of motor drive. After all, the acceleration of motor is absolutely linear, and the noise is much smaller than that of an engine with unstable speed.

Of course, in addition to being fast, economical, quiet and smooth, the DM-i system also has an advantage of being "green". The advantage of being able to get a green card allows it to reduce the dimension and attack electric vehicles. After all, the DM-i model has a comprehensive cruising range of more than 1200 kilometers, and just refuel, which fundamentally eliminates mileage anxiety, but it can still get a green card.

(2) Kunpeng DHT hybrid, dual-motor drive is the highlight.

Kun Peng DHT hybrid is the only hybrid system driven by dual motors in its own brand. It uses a special hybrid gearbox with multiple gear ratios to coordinate the work of engine and motor.

The core of this system is its hybrid gearbox, in which the engine supports three-speed transmission, plus the generator and driving motor, its generator itself can be driven, which is equivalent to three power sources. They cross out 11 gears, which can adapt to various road conditions. At the same time, it can also work in nine working modes, such as single and double motor drive, extended range, parallel connection and direct engine drive. The official saying is "three gears, nine modes and eleven speeds".

Theoretically, when a car has enough gears, its work will be more precise. After all, different gears correspond to different road conditions, but at the same time, the problem is that its control will be more complicated. In addition, although more gears can make the power output smoother, it is the coupling of oil and electricity through the gearbox, and it is impossible to be smoother and more linear than pure electric drive.

According to the data released by Tiggo 8 PLUS Kunpeng e+, the output power of its 1.5T hybrid special engine is 115kW, the maximum output power of the four-wheel drive version is 330KW, and the maximum output torque is 510Nm, even the output power of the two-wheel drive version is 240KW. This is still very powerful. The 0-100km/h acceleration time of its four-wheel drive model is 4.9 seconds, which is quite powerful.

Although no specific data has been released, it is revealed that the loss of electricity and fuel consumption of Tiggo 8 PLUS Kunpeng e+ is also good. After all, it also has a generator and has its own "hematopoietic" ability.

However, Kung Fu car is not optimistic that its power loss and fuel consumption will reach the same level as DM-i, because this generator is used for both power generation and driving. Considering the arrangement of its own three engines and four engines, the power generation will not be too large, but the power consumption capacity is quite strong, and the power conservation capacity is naturally not as good as that of DM-i with simpler structure.

In fact, the architecture similar to Tiggo 8 PLUS Kunpeng e+ has already been done before. It has more advantages in performance, relatively insufficient power-saving ability and higher cost. The result proves that the market influence is limited.

(3) Is the competitor of DM-I actually a fuel car?

At present, Tiggo 8 PLUS Kunpeng e+ has not been listed yet, which is actually not suitable compared with DM-i, which has a large number of systems.

Moreover, in Kung Fu car’s view, the biggest rival of DM-i model is actually not other hybrid models, but fuel vehicles.

Because other hybrid models can’t compete with DM-i at all, take the Tiggo 8 PLUS Kunpeng e+ as an example. It has three motors plus an engine, plus a quite sophisticated hybrid special gearbox. The DM-i has only two motors and no gearbox.

Both of them have their own advantages. The performance of DM-i is better due to power loss and fuel consumption, while that of Kun Peng DHT is stronger, but the cost of DM-i is much lower. It can make a hybrid car with a size close to Class B reach 100,000, which is unimaginable for Kun Peng DHT. And the simpler the architecture and the simpler the control logic, the less likely it is to go wrong, which is also common sense.

Furthermore, even if the architecture similar to DM-i can be achieved, it can’t be beaten. After all, in a world dominated by electricity, our advantages are too great. It is one of the largest power battery manufacturers, and also an excellent motor manufacturer. It is also a self-developed control chip, and its core technologies are still at an excellent level. If it is to fight for costs, other manufacturers have nowhere to start.

Therefore, if other hybrid cars want to compete with DM-i, I’m afraid they can only eat some relatively niche markets. For example, I don’t value price and reliability, so I want to speed up for a few seconds. Or the brand blessing is relatively large, and users are more willing to pay a premium. Even if the completion is not as good as DM-i and the price is higher, users are willing to pay the bill, but these are a minority after all. At least for now, DM-i is completely sweeping in the hybrid market.

And if you want to say that the model with the same dimension PK as DM-i is actually a fuel vehicle. After all, the fuel truck has simpler structure and more mature technology. Although the acceleration is not fast enough, smooth enough and quiet enough, many people don’t care so much about it. As for the higher fuel consumption, it can be offset by the difference in car prices.

Therefore, after DM-i came out, it has been promoting the subversive of fuel vehicles. This is its goal, that is, to change people’s car habits and make them pay more attention to driving experience, so as to tilt towards hybrid cars.

The voice of Kunpeng DHT is very high, but now it can’t compete with DM-I. It has its own advantages, for example, the engine has three gears, and dual motors can work with the engine at the same time to achieve stronger performance. However, its structure and control logic are a little too complicated, which is a great test for its working stability and will also push up the cost.

Therefore, the DM-i model with high probability will still be killed. As for Kunpeng DHT, let’s wait for it to be officially listed.

I planned to buy a car when I started working in June last year. Because I was very busy at work, there was no 4s shop in our small county. At first, I planned to watch car reviews online and choose cars online. At first, I looked at the starry sky. At that time, LaVida landed in about 13 places. After watching it for a long time, I decided to book a car. I took time off during the activity to go to the store to see the real car and do a test drive. I paid 2,000 yuan of intention money, and then I went home. When I came back, I suddenly felt as if I was not in such a hurry about the car. After discussing with my family, I contacted sales and refunded the intention money. (I won’t talk about the process of refunding money in detail, so we can make up for it ourselves.) Until March this year, when the car price began to drop, I went to the 4s shop in the next city and visited 4s shops of various brands one by one, and saw many models. According to my own budget, I saw Geely, Buick Regal and 23 models (after seeing many cars, I finally decided to choose one of them, so I won’t talk about others one by one). During the car selection, I read a lot of car reviews about these cars, and my colleagues and family members around me also recommended many models. Finally, I came to a conclusion: if I have a car purchase plan, I can just choose a few models to compare myself according to my family’s needs and abilities. There is no need for people around me to recommend them, and ten people have ten opinions, which finally puts me in a dilemma. According to my family, the demand for space is not particularly large. After discussing with my family, I chose a car and chose Sagitar between Sagitar and 03. (The space of Sagitar is completely enough, with a length of nearly 4 meters, and the only fly in the ointment is the platform in the back of Volkswagen. It’s a long story.)After choosing a car, I first looked at the online car price, and then called the 4s shop in the next province to ask for the quotation. At that time, I contacted the 4s shop in Xi’ an, and the discount was 35,000. I am in Ningxia, and the quotations of other identities around me are similar. Until May 14th, I went to the 4s shop and had a test drive. After the test drive, I decided to win the superior version of Sagitar 1.5t. On the 17th, the sales contacted me and said that there was a great discount on the price of sports cars on May 20th. At that time, I was at work, so I took a leave of absence on the 21st to negotiate the price with the sales staff, transferred to several stores, and finally made a decision. At that time, the regional discount on Sagitar was 25,000 yuan. I can’t remember whether the discount was 35,000 yuan or 34,000 yuan on the day of the event. The loan was for three years, and the interest was 2%. I gave the driving recorder, 360 panorama, foot mats, stickers and trunk mat. The car chose white and landed at 149,000. It took a day and a half to go through the licensing formalities, and it was opened on the third day.

True feelings

After the car was finished, the 4s shop that picked up the car was more than 300 kilometers away from home, and I drove back by myself at high speed.

Let’s talk about fuel consumption first. At that time, the 4s car table showed that the battery life was 3 kilometers, and it was unclear how much oil was left. When I went out, I added 380 automatic jump guns. After getting on the expressway, the average speed was around 130, and from time to time I ran to the 150 midway service area and stopped. After getting home, the hourly fuel consumption of the oil meter is 5.7l/km. Look at the fuel meter, there are 8 squares in total. At that time, I went down to one square when I got home, and the second square was gone when I went to the unit.

Power: My feet are a little heavy. I usually get into the habit of driving a unit car. I feel that my accelerator pedal is very light at high speed. When I look at the dashboard, the speed is 145. When overtaking, the power response is very fast, and the oil supply speed is particularly slippery.

Others say it’s windy, because I like listening to songs in the car, so I’m always afraid of it. When I run to 150 on the highway, I feel worried. There will be noise, but it won’t affect it at all. The sound quality on the car is enough for me, and I feel good when I use the car. The only regret is that there is no application store on the main engine of this model.

Slot point feedback

The platform in the back row is a little too high. If there are at least three people, they should not feel comfortable, and they are a little unfriendly to the one in the middle. There is a sense of frustration at low speed in the city. But it’s acceptable. Others don’t know if they will appear in the future after reading those problems on the Internet.

Exclusive cheats

On the second day of using the car, please forgive me for my shortcomings and mistakes. I am very willing to communicate with you if you have any questions in the future. That’s all I can think of. Let me share it with you.

[Autohome Ningbo Discount Promotion Channel] Recently, we learned from the Ningbo Auto Market that there are promotions underway, with a maximum discount of 28,000 yuan and a minimum starting price of 188,600 yuan. Interested consumers can get higher discounts by clicking "Check Car Price" in the quotation form.

eπ008的前脸设计采用了极简风格，线条简洁流畅，凸显未来感。前脸的进气格栅采用了封闭式设计，不仅提升了空气动力学性能，也更加符合新能源汽车的特性。车身整体采用了流线型设计，配合锐利的腰线和宽大的轮拱，展现出强烈的运动感和力量感。

eπ008车身尺寸为5002*1972*1732毫米，轴距达到了3025毫米，拥有流畅的车侧线条，前后轮距均为1650毫米，配备265/45 R21规格的轮胎，搭配独特风格的轮圈，使整车看起来更加动感十足。

eπ008的内饰风格时尚而富有科技感，中控台采用了一块15.6英寸的中控屏幕，集成了多媒体系统、导航、电话、空调等功能，并支持语音识别控制，操作便捷。方向盘材质为皮质，具备手动上下和前后调节功能，提供舒适的驾驶体验。车内配备了多个USB和Type-C接口，满足乘客的充电需求，并且前排座椅还配备了手机无线充电功能。座椅采用仿皮材质，主座椅和副座椅具备加热、通风功能，并且驾驶位座椅还配备了头枕扬声器，为驾驶者带来额外的舒适和娱乐体验。此外，电动座椅记忆功能可以方便地存储和调用驾驶员和乘客的座椅设置，而第二排座椅则支持前后调节、靠背调节和腿托调节，提供多样的舒适选择。

eπ008搭载了一台强劲的电动机，最大功率为200千瓦，峰值扭矩可达340牛·米，为车辆提供了卓越的动力性能。

汽车之家车主 提到，“eπ008的外形设计中庸大气，但在一些细节处理上还有提升空间。”这样的评价既体现了对车辆整体设计的认可，也指出了改进的方向，为eπ008的进一步优化提供了宝贵的参考。

　　On the evening of November 12, the new Lexus RX was officially launched in China. The new car, as a replacement model, not only has a significant change in shape compared to the current model, but also the entry-level model has been replaced with a new 2.0T engine. In addition, there are 3.5L V6 + motor-powered models for consumers to choose from. The price range of 8 models is 41.8-86 9,000 yuan.

　　Model Overview

　　The most intuitive impression of the new generation RX is its sharper shape and wider body. The length, width and height of the new car are 4890/1895/1689mm, and the wheelbase is 2789mm. Compared with the current new car, the length has increased by 120mm; the width has increased by 10mm; and the wheelbase has increased by 50mm. Therefore, the level of Lexus’s new RX has officially returned to the positioning of medium and large luxury SUVs. The height is slightly reduced, adding a flatter effect.

　　The new RX adopts a family-style spindle-shaped air intake grille design, and the new car’s headlights and LED daytime running lights are chic in shape, while having a strong brand identity. Like the NX, the new RX has two different styles of appearance design: the ordinary version and the F Sport version. The highlight on the side is the intersection of some lines of the C-pillar, which completely gets rid of the slightly mediocre style of the current car.

　　In the interior part, the Lexus RX also adopts a new design style, not as radical as the NX. The new style of steering wheel is more luxurious. The new car is equipped with a HUD head-up display system, the center console is equipped with a 12.3-inch display, and the rear passengers can also enjoy the fun of the 11.6-inch display. The addition of a panoramic sunroof also makes the RX closer to Chinese consumers.

　　In terms of configuration, the new car is equipped with standard LED far and near headlights, LED daytime running lights, headlight level adjustment, rain sensing wipers, automatic sunroof, 8-way electric adjustable front seats, cruise control, one-button start, ion generator, reversing image, 8-inch LCD screen, automatic engine start and stop and other practical configurations, which have greatly improved its competitiveness. In addition, the new car is also equipped with 10 airbags, uphill assistance, stability control programs and other safety equipment.

　　At the same time, the new generation of RX will be equipped with Lexus’ new generation of active safety technology, Safety System +, which includes an active impact prevention system, lane departure warning system, and multi-set LED automatic adjustment headlights. The detection camera is upgraded to a millimeter-level radar, which can achieve better protection performance. The safety package has also appeared on models such as ES.

　　In terms of power, the RX200t is equipped with a 2.0T turbocharged engine, with a maximum power of 173kW (235PS) and a peak torque of 350Nm; the RX350 is equipped with a 3.5L V6 naturally aspirated direct injection engine codenamed 2GR-FKS, with a maximum power optimized to 220kW (300PS) and a peak torque of 362Nm. Compared with the current model, there is a slight improvement. The newly matched 8-speed automatic transmission is a highlight, but the RX350 will not be introduced into China for the time being; the RX450h is equipped with a combination of a 3.5L V6 Atkins engine and an electric motor, and the system has a combined maximum power of 230kW (313PS) and a peak torque of 335Nm.

　　competitor analysis

　　"Misplaced competition" is the wisdom of Lexus for many years. Whether it is the Lexus NX or the recently launched ES, it is difficult to find a model that can be called a competitor. Of course, the same is true for the Lexus RX this time. In addition to the MKX, the domestic opponent it faces is naturally also facing the pincer attack of BBA medium-sized SUVs and medium-sized SUVs. BMW X5/X3, Mercedes-Benz GLE/GLC, and Audi Q7/Q5 are all strong competitors. And from its positioning, the Q7/X5/GLE will become its most direct competitor.

　　From the price point of view, the official guide price of Audi Q7 is: 82.80-123 9,800; the official guide price of Mercedes-Benz GLE is: 77.80-105 8,000; the official guide price of BMW X5 is: 75.80-177 3,000. The price range of Lexus 41.8-86 9,000 yuan is undoubtedly more competitive, and its entry-level model price is only half of the three BBA models, which is very attractive.

　　From the power point of view, the Audi Q7 and Mercedes-Benz GLE only offer 3.0T power options, while the BMW X5 offers 2.0T/3.0T/4.0T options. Although the 2.0T engine on the RX looks much smaller than the opponent’s displacement, it is not too bad from the data point of view. Although it is not a problem to deal with the extra weight of the RX, power is still the weakness of the new RX. However, the RX also has a unique killer of the Lexus family: the hybrid model. The 3.5L V6 + electric motor-powered model it is equipped with will be a clear dislocation competition. Compared with the BBA, Lexus’s hybrid technology is more mature and more widely used.

　　Summarize:

　　Although the misplaced Lexus RX is positioned as a medium and large SUV, its overall size does not have an advantage in the same level of models. However, its size and price can indeed provide a new car purchase feasibility for some consumers who are tired of BBA. After all, when it comes to medium and large SUVs of Japanese luxury brands, there is almost no one who can compete with BBA. In addition, with its outstanding price advantage, high cost performance and the maturity of hybrid models, I believe that there is still a foothold for RX in the medium and large SUV market, not to mention grabbing the BBA market, but at least there is no problem in taking a share of the market. As for the later marketing skills, Lexus really needs to work harder.

On August 30, Jietu Motors brought together Shanhai L7, Shanhai L6, Shanhai T1, Shanhai T2 four-wheel drive version, as well as Jietu Traveler, Traveler Silver Dragon Wings, and Jietu Travel BOX to gather at the Chengdu Auto Show. With a rich product matrix and excellent technical strength, Jietu Motors handed over the Chinese answer to the travel off-road SUV.

At the same time, the "big family seven-seat electric hybrid SUV" Jietu Shanhai L7 officially opened the pre-sale, the pre-sale price 135,900 yuan, during the pre-sale period, the user ordered a new car, you can enjoy the deposit gift, financial gift, quality assurance gift, traffic gift, renewal gift, charging gift and other six car purchase gift, the comprehensive value of up to 32,000 yuan.

From January to August, the sales volume exceeded that of 2023 as a whole, and the "Jietu Speed" refreshed the industry height

In the Chinese auto industry in 2024, the volume price, volume technology, volume configuration and even volume marketing will continue to play out in multiple dimensions. In the era of the most volume, Jietu Motors has created the best self in history and steadily entered the leading camp of autonomous SUVs.

This year, "Jietu speed" soared all the way, achieving 5 major breakthroughs: first, the annual sales breakthrough, the cumulative sales volume in January-August exceeded 316,000 vehicles, looking at the mainstream brands with an average monthly sales of more than 10,000 units in 2023, Jietu is the industry’s first and only brand with 8-month sales exceeding last year’s whole year; secondly, the monthly sales breakthrough, following the continuous breakthrough of 40,000 vehicles in June and July, Jietu car sales hit a new high in August, breaking through 50,000 vehicles for the first time, successfully entering the monthly sales 50,000 club; third, the party box sales king, Jietu travelers listed for 9 months Super 100,000 vehicles, ranking first in square box sales, Shanhai T2 listed for four months, won the "hybrid square box" sales champion, creating a "hybrid square box" sales record; fourth, the first 8 months of year-on-year growth doubled, maintaining China’s cutting-edge SUV brand growth first; fifth, the industry reached a new high, the overall market ranking 17, the SUV market ranking rose to 9th, ranking third in the independent fuel SUV market.

At the press conference, Zhang Chunwei, general manager of the marketing center of Jietu Brand Division, said: In the future, Jietu Automobile will insist on giving back to users with better products and services; always be in awe of the market, maintain sharpness, refresh new speed, and challenge new heights. "I believe this year, we will definitely achieve annual sales of 500,000 vehicles."

Shanhai L7 starts pre-sale, and a variety of powerful new products are coming soon

Relying on the technology empowered by Chery Group, Jietu Auto meets user requests and brings users a car experience beyond expectations. The pre-sale of Jietu Shanhai L7 was officially opened at the auto show.

Jietu Shanhai L7 redefines the value standard of electric-hybrid SUV with four core advantages of "high performance, large space, more comfort and new experience", and creates a happy life for users that exceeds expectations in an all-round way. In the spacious cockpit space, the second row of head and leg space reaches "double one meter", creating a VIP seat and an indistinguishable riding space for the whole family; with cloud-comfortable sofa, parking air conditioner, SONY audio and other configurations, enjoy the ultimate comfort and comfort of long-distance travel. The new car is also equipped with a dual-purpose car refrigerator, which can be cold and hot, which not only meets the needs of summer travel to relieve the heat, but also takes care of the rigid needs of hot milk insulation for families with babies. Coupled with 220V and 6.6kW internal and external discharge, it is easy to open camping barbecue, parent-child karaoke, lawn movies, and unlock the ever-changing fun of family travel. In terms of power performance, Shanhai L7 is equipped with Chery Kunpeng 1.5TD + 2DHT power combination, with a pure electric battery life of 120km and a comprehensive battery life of 1300km, completely bidding farewell to battery life anxiety. In addition, Shanhai L7 adopts a four-bar rear independent suspension, which can bring a stable driving experience to the family whether it crosses ditches or turns at high speed.

On the Jietu booth, the Shanhai L7 blasting wargod car also attracted countless spectators. In the most explosive "flying slope blasting" challenge, the Shanhai L7 blasting wargod car experienced a 1.9-meter high slope fall and 10 rounds of blasting in pure electric mode. After 10 rounds of blasting, the body frame was intact, the doors were normally opened, and the battery pack did not leak, smoke, or explode, showcasing the hard core safety and excellent quality of the new car.

The new member of the square box, Shanhai T1, is also an eye-catching model on the Jietu booth. The new car is positioned as a "road trip off-road SUV", which has four core selling points of Keiyan, Keidian, Kecheng and Keno. It will be officially launched at the end of the year. The new car adopts Chery Kunpeng super hybrid C-DM technology, is equipped with a 1.5TD hybrid special engine, and has a comprehensive battery life of up to 1400km. A tank of oil can run from Chengdu to Qinghai Lake; the rear seat can be reclined to get a 2-meter flat bed, allowing users to sit and lie comfortably; it also has trailer qualifications, which can tow motorcycles, yachts and RVs to travel, plus up to 200mm ground clearance and 600mm wading depth, which can accompany young people to develop new ways of travel.

In addition, Shanhai L6, Shanhai T2 four-wheel drive version, Traveler, Traveler Silver Dragon Wings, and Travel BOX also all appeared. Among them, Shanhai L6 has been listed in the 7th Jietu Automobile Fan Festival. The new car is beautiful and worry-free. It is a new choice of electric hybrid SUV specially designed for young people. Shanhai T2 four-wheel drive version is a new member of the "hybrid square box" championship family, which is expected to officially debut in the fourth quarter. The new car is equipped with Chery Kunpeng super hybrid C-DM three-motor four-wheel drive system, with XWD intelligent four-wheel drive, tank steering function, CCO intelligent off-road creep mode, rear axle electric control tooth embedded differential lock and other off-road configurations. The performance is powerful, allowing users to experience more pure off-road fun. Traveler Silver Dragon Wings, with a very space punk style, gives users a "trendier", "wilder", "more interesting" experience. The travel BOX includes all the living facilities of "one room, one living room, one kitchen and one bathroom", unlocking the infinite possibilities of travel life for users.

It can be said that every Jietu car represents a kind of travel life. Every traveler who loves freedom and longs for distance can find their own "travel partner" in Jietu.

From chasers, runners, to overcomers, to striving to become leaders, standing at a new starting point, Jietu Automobile will offer more extreme product strength, more hardcore off-road technology, richer "travel" ecology, and more surprising car experience. Together with all travel enthusiasts, we will go to the mountains and seas to pursue our love, and continue to build up the brand potential to fully impact the target of one million sales in 2026.