标签归档 武汉桑拿会所

Everyone is talking about intelligence, so what is intelligence?

We have different understandings of intelligence. Some people will think that it is intelligent to make vehicles realize the real automatic driving, and it is true that both the new car-making forces and traditional car companies are constantly developing the technology of automatic driving, and have made some achievements. However, at this stage, it may still be too abstract to make vehicles truly realize the automatic driving.

So in my opinion, making the vehicle an intelligent mobile terminal may be more in line with our demand for intelligence. So, is it easy to make the vehicle an intelligent mobile terminal?

Undoubtedly, the answer is yes. This time, the test drive of the AITO Interface M5, which is provided by Huawei with technical support and led by R&D, and designed and manufactured by Jin Kang Sailis, has already achieved the goal of making the vehicle an intelligent mobile terminal. So how is it realized? Today we will start with the intelligent terminal operating system and HarmonyOS system!

It is said that Huawei doesn’t build cars, but the AITO M5, which has a high proportion of Chinese flavor, has indeed revealed their ideas to us, and the HarmonyOS system carried in the car is the first storm to traditional car companies and new car-making forces, and it is also an innovation in automobile intelligence.

When you enter the car, you will find that the interior of this AITO mobile phone M5 is the same as Huawei’s mobile phone design, and the same subtraction has been done. In this era of reducing physical buttons, I think the designer is also keeping up with the pace to eliminate its physical buttons, so it is necessary to do the utmost, so what is finally presented to us is such a minimalist design. Nevertheless, the exquisite materials make this AITO mobile phone M5 look like a luxury car.

Nappa leather and wooden decorative boards can be seen everywhere. The 15.6-inch central control large screen equipped with HarmonyOS system can find many familiar functions besides the conventional vehicle settings, such as Xiaoming’s smart refueling, Sina’s news service and easy charging. You can also use more entertainment functions, such as DouYu, cool dog music, Youku video, cloud listening, etc. If you think it is not enough, then you can use Huawei’s application market to download it.

If you don’t want to open its application menu, then you can add commonly used functions to the shortcut bar, which will make our operation more convenient.

In addition, its A-pillar is equipped with a face recognition camera, which can meet a demand of family multi-person car. Through face recognition, personalized sitting posture and exclusive driving mode can be adjusted.

When it comes to intelligent products, how come there is little voice control? Compared with those one-on-one conversations, the voice interaction system of AITO ask M5 is closer to reality, and Xiaoyi can recognize continuous voice. Compared with those mechanical voice assistants, the voice interaction system of HarmonyOS is more gentle and more real. Interestingly, it is also equipped with children’s voices. Listening to the gentle voice of children, I believe that the voice interaction experience at this time will be fresh.

This is not so much a car system, but rather an enlarged screen of your smart phone and placed it in the position of the center console. It can do almost all the functions that a mobile phone can do. Perhaps this is the most ideal smart mobile terminal in our minds.

Speaking of intelligence, commuting is still one of the most important attributes of a car, so meeting commuting is more than just driving. Sometimes we need to care more about the feelings of passengers such as friends and family. The ride space is also a criterion that a car can’t avoid. What is the space performance of the M5 in AITO?

For me who is 170cm tall, there are two fists in the back leg space and two fists in the head. I think its overall space performance is very satisfactory, especially its seat is very soft, so the feelings of family, friends and other passengers will be very good, and it will also equip you with an oversized panoramic skylight, and your vision will be more transparent.

Q: How does the M5 feel when driving?

It is an extended-range vehicle, so its WLTC cruising range reaches 1100 kilometers, which can fully meet our needs. The driving experience of the whole vehicle is stable. If you adjust the driving mode to sports mode, the pedal response will be very sensitive at this time, and the overall power output will be very violent. It is worth mentioning that it can accelerate 100 kilometers in just 4.4 seconds, and the power output is quite excellent.

On the whole, the comfort of driving experience is definitely a big part. Its chassis and suspension can give people a very advanced texture, especially when you pass some potholes, there will be no extra bounce in the car, and it will pass very calmly. The last point is about its NVH performance. When you cruise at 80KM/H, there will be no excessive noise and noise in the car. The overall feeling is very similar to that of a luxury car.

Moreover, this range extender also uses a four-cylinder engine, so the ride comfort of the whole car is also very good.

Finally, let’s talk about the appearance design of AITO’s M5. First of all, it is still very different from some new energy vehicles we imagined. It is more like a traditional fuel car, and its air intake grille looks very similar to many fuel cars now. There is also a fault LED daytime running light, which looks very recognizable.

When you come to the side of the car body, you will find that the lines on the whole side of the car body are very smooth and look very full. Of course, it also uses a hidden door handle. It is worth mentioning that the calipers inside the wheel hub are painted in red, and the sense of movement is still very strong.

The rear of the car is also designed with through taillights, which is very in line with the current aesthetic needs. The most important thing is the charging port, which supports the reverse power transmission function. When traveling outside, this M5 can be used as a large charging treasure to charge or use electricity for some of our electrical equipment, which will bring us a richer car experience.

Intelligent HarmonyOS system, vehicle texture, strong power output, and can meet our diversified car demand. In any case, we should not regard this AITO car M5 as a simple means of transportation, it is more like a large-scale intelligent mobile terminal device, and on this basis, it has added the demand beyond our daily car. I have to say, this AITO car M5 is really impressive. And I believe it can definitely make great achievements in this era headed by technology and intelligence. When the car becomes an intelligent mobile terminal device, I believe it can bring more wonderful experience to our car life!

Lead: For a long time in the past, domestic independent brands equipped with plug-in hybrid power systems can achieve an ideal low fuel consumption only when the power is sufficient, and in the feed state, the fuel consumption of some plug-in hybrid vehicles is even higher than that of pure fuel vehicles of the same car series. The author has had personal experience about this. A certain brand of plug-in hybrid vehicle, under the condition of full power supply, was run to 16-17 oil by me. At that time, I thought that for some users who could not meet the charging conditions, the energy-saving and emission-reduction characteristics of plug-in hybrid vehicles could not be displayed at all. This kind of "high fuel consumption" situation is basically applicable to domestic plug-in hybrid vehicles. After BYD’s DM-i comes out, this situation may be greatly improved.

I have heard that the fuel consumption performance of BYD models equipped with dm-i is excellent before. The official fuel consumption reference data is 3.8L/100km, which sounds much more real than some previous plug-in hybrid 1-2L/100km fuel consumption. But it’s not true. What’s the actual fuel consumption? Let’s take a look at BYD’s activity of "A Box of Oil Crossing Southeast Chongqing".

The activity starts from downtown Chongqing. The first thing to do is to find a gas station, fill it up, then put a seal on the tank cover, and tear it off until the last refueling. At the same time, in order to be more intuitive and convenient to calculate, the subtotal mileage has also been cleared. Finally, the final average fuel consumption per 100 kilometers is obtained by calculating the final fuel replenishment amount and the mileage of this journey.

When we set out, we heard another car in the walkie-talkie say that their car’s power was only about 10%. This sentence was recognized by other cars, and we later saw that our car’s power was also about 10%. According to the pure battery life of Qin PLUS (parameter picture) DM-i 120km model, the pure battery life of the remaining power in everyone’s car was basically around 15km-20km. In this state of full oil supply, we started a 700km round trip to southeast Chongqing.

As we all know, it’s too hot in summer in Chongqing. I wish everywhere I go, it’s all air conditioning. Therefore, although there is a "fuel-saving task", air conditioning is indispensable. Moreover, when I was driving, I didn’t deliberately follow the extreme fuel-saving driving method, which was more casual, and I accelerated when it was time to accelerate. The road situation is 70%-80% high speed, and 20%-30% national roads and mountain roads.

Finally, at the gas station in the last service area of Chongqing, the seal was torn and refueled. The final fuel consumption of our car is 32.09L, and the mileage is 686.3km Through calculation, our fuel consumption performance is 4.79L/100km, ranking first from the bottom among several cars. Although it ranks high, I am personally satisfied. The fuel consumption of the car with the best performance is 4.36L/100km. As for why the "propaganda" fuel consumption of 3.8L/100km has not been reached, as far as I can guess, this fuel consumption can be achieved under the condition of reducing the utilization rate of air conditioners and opening more gently. In fact, even if the fuel consumption is 4.8L/100km, Qin PLUS DM-i still lives up to expectations.

In addition to the theme of fuel saving, I also want to talk about two other dynamic points of Qin Plus DM-I.

One is motivation. Although there was no special experience and test of rapid acceleration in this test drive, I simply tried a few feet during the test drive. But with these simple feet, you can feel a 1.5L naturally aspirated engine with a maximum power of 110 horsepower. With the help of the motor, it can provide a good feeling of pushing back. For fuel lovers, we have to admit that this is the advantage that electricity is easier to do. It is reported that the official acceleration score of this car Qin PLUS DM-i is 7.3s, while the measured result by the media is 6.75s s. It seems that BYD officially reported it according to conservative results. For fuel vehicles, this can basically belong to the level that 2.0T still needs hard work.

The second is the chassis. Although the configuration of Qin PLUS DM-i is the front McPherson rear multi-link in suspension, it can be seen that BYD has made a lot of efforts in adjustment. On the whole, it is very comfortable. Qin PLUS DM-i can handle both large potholes and some small gravel in a balanced way. By balance, I mean not too soft or too hard, but rather moderate. Therefore, I think that the chassis strength of Qin PLUS DM-i is quite satisfactory for the model with positioning and pricing. However, it should be pointed out that the steering system of Qin PLUS DM-i still needs to be improved.

Achuan pingche

As a leader in the new energy field of domestic brands, BYD continues to innovate in this field, and the launch of DM-i has also subverted people’s understanding and cognition of the fuel consumption of domestic plug-in hybrid vehicles. At the same time, its lower fuel consumption performance has not lost the hybrid strength of "two fields" at all. Therefore, I think that with the gradual offline and delivery of DM-i model orders, the strength of DM-i will be more widely spread, and it is also worthy of better word-of-mouth performance.

take a group photo

(Written/Ermeng) On March 19th, Orfila, LULU and others attended the release conference of the wonderful sweet comedy "Falling in Love with the Big Dipper Boyfriend" in Beijing. Wu Xin, who premiered as a villain, was praised for her acting skills. She responded on the spot: "This is not acting, so give me 60 points for the performance in my play."

The TV series "Falling in Love with the Big Dipper Boyfriend" tells the story of the star teacher Chiyu from the Big Dipper, who came to the earth to find her former lover, met the "water-rebellious" female producer and got involved in the entertainment circle by mistake.

LULU and Zhang Mingen’s "Chinese CP", Ren Yankai and Orfila’s "maocai CP", as the representatives of CP in the play, kept handing out candy on the spot. In the play, Lin Haoshu, played by Keanu, has a crush on Wen Suxi, played by LULU, but they failed to express their secret love. On the spot, they restored the "secret love hand" in the play, only to be ruthlessly opened by Zhang Mingen, who was standing in the middle. Tang Mao, played by Ming, is an overbearing president with many golden legs. He even measured an amazing leg length of 1.18 meters at the scene. Orfila changed his acting skills every second on the stage and teased Ming that it was difficult to buy pants.

Zhang Mingen, Ming and Keanu used a line to interpret the different types of boys they represented in the play, such as "honest and frank Naigang", "overbearing president" and "loyal dog and warm man". LULU and Orfila also shared the ideal type of love that they would choose in real life. LULU bluntly said that he would choose a warm-hearted tree and confessed to Keanu on the spot: "Cloudy days, rainy days and sunny days are not as good as chatting with me." Wu Xin chose "Tang Mao" Ming and shouted directly: "I just like you."

Orfila premiered the villain in the play, and was well received for his hot search for acting skills. At the press conference, Orfila responded: "This performance was great. I really want to thank you for your tolerance. This is not acting, give me 60 points for the performance in the play. " Cai Shumeng, a hardcore female producer played by Orfila, madly chased Tang Mao in the play. Orfila bluntly said that she would not be "female chasing men" in her life, but she was chased at ordinary times and was passive in her life. It is reported that "Love the Big Dipper Boyfriend" is currently being broadcasted in iQiyi.

Text | Financial Street Lao Li

Geely Holding is a hot spot in the global capital market, and Krypton will be its most imaginative sector.

Yesterday, Krypton announced that the ZEEKR M-Vision concept car will have mass production conditions in 2024. This car is an exclusive vehicle customized and developed for the Waymone driverless team based on the ZEEKR M-Vision concept car, which means that Krypton has taken an important step in the field of autonomous driving.

At the end of last month, Geely Automobile announced that it had submitted a proposal to the Hong Kong Stock Exchange to spin off Krypton and list it independently. The Stock Exchange has confirmed that listed companies can spin off. Although there is still a long way to go before Krypton goes public independently, it has at least taken the first step.

There are a lot of news disclosed by the industry these days. Today, Lao Li will talk with you. Why did the extremely split layout start long ago? What are the strategic considerations for spin-off listing? What are the challenges of the split listing of Krypton?

Krypton split, early signal?

The capital market has always had high expectations for Geely Holding, but frankly speaking, most funds are looking forward to "Geely": in the secondary market, although Geely Automobile’s Hong Kong stocks once made many investors earn the first pot of gold, the whole Hong Kong market is not so good; In the primary market, Geely Holding’s various sectors are booming, but there are not many external financial funds that can be invested.

Listed companies under Geely Holding include Geely Automobile, Volvo Automobile, Polar Star Automobile, Yikatong, etc., and the proposed listing sector includes Cao Cao’s trip, etc., and the listing locations include Hong Kong, the United States and Europe. As the most important intelligent electric vehicle sector under Geely Holding, it is reasonable to go public.

According to the capital market research, Geely has been preparing for the independent listing of Krypton since its establishment. Geely has two main actions: one is to open financing for Krypton, and the other is to load high-quality assets.

Let’s talk about the first action-open financing.

As we all know, Geely always wanted to go public in science and technology innovation board, but in June, 2021, Geely withdrew its listing application because of the tightening IPO policy in science and technology innovation board. At the same time, Geely Automobile announced that it would seek different financing schemes for the extremely krypton brand, that is, from this time on, the extremely krypton independent listing plan was officially launched. At the same time, Geely Holding Group and Beilun District of Ningbo signed an investment cooperation agreement for the extremely smart electric vehicle project, and the global headquarters of extremely smart technology company settled in Ningbo.

Later, everyone became more clear. In August last year, Krypton launched the Pre-A round of financing. The financing targets included ecological partners such as Contemporary Amperex Technology Co., Limited, Billie Billie and Intel Capital. The publicly disclosed financing amount was 500 million US dollars, corresponding to 5.6% of the shares. According to this figure, the post-investment valuation of Krypton in August 2021 was close to 60 billion yuan.

Two months later, Geely Automobile announced that it would buy back part of its equity. By the end of Geely Automobile’s 2021 annual report, Geely Automobile held 59.71% of its equity. As for the specific shareholding structure behind it, there is no public disclosure at present.

Not surprisingly, in the next year or two, Krypton will further carry out external financing, but not too many shares will be sold, and Geely will have absolute control over the enterprise.

The second action of the split listing of Krypton is the merger of high-quality assets. Merging high-quality assets is a common practice in the capital market, with two main purposes: First, after merging high-quality assets into Krypton, it can support the listing of Krypton and obtain a good premium; conversely, Krypton will also drive the original assets to increase the premium and achieve the effect of killing two birds with one stone.

In July last year, Krypton Group (Krypton Holdings and its subsidiaries) entered into a CEVT acquisition agreement, a vast energy acquisition agreement and a Ningbo Weirui subscription agreement to acquire assets and technologies needed for R&D, production and sales of electric vehicles.

So far, Krypton holds 51% equity of Ningbo Weirui, 49% equity of Times Geely and 30% equity of Vast Energy. It can be seen that all the best assets of Geely Holding on power batteries and charging services have been loaded to Krypton.

Split and go public, kill two birds with one stone?

Seeing this, many friends will ask why Krypton will be split and listed, or what will Krypton bring to Geely Holding after the split and listing? In Lao Li’s view, apart from obtaining high premium in the primary and secondary markets, it is more important to serve Geely Holding Group.

In the past few years, although Geely’s industries have spread all over China, Geely’s capital has been globalized. For more than a decade, capital globalization has also driven industrial globalization. In the new stage of development, it will be the general trend for industry and capital to return to China. On the new energy vehicle track, neither the American market nor the Hong Kong market can get the same treatment as the domestic market. Most importantly, the market, industrial chain and capital of new energy vehicles are all in China.

Geely Automobile has been conceiving the A+H capital layout, looking at the performance of BYD, Contemporary Amperex Technology Co., Limited and Great Wall Motor in A-shares, and then looking at the performance of Geely Automobile in Hong Kong stocks, we can see from a glimpse that Geely Automobile will get a new financing path after the listing of A-shares, but for various reasons it backfired.

In the announcement, the spin-off terms of Krypton, such as listing place, listing time and sale scale, have not yet been determined. In fact, it is in the early stage of listing, and Krypton itself cannot be determined. Lao Li believes that according to Geely Holding’s strategy and external market environment, Krypton is likely to give priority to listing in science and technology innovation board, and of course, Hong Kong market and American market are not excluded.

Some friends of Lao Li said that the probability of listing Krypton in science and technology innovation board should be above 70%, on the one hand, because it serves the overall strategic layout of Geely Holding, and on the other hand, because the overall valuation of A shares is higher than that of Hong Kong, especially the new energy sector, which will be far ahead of the Hong Kong market in the next decade or even longer, and Krypton will get a better valuation premium than Hong Kong for its spin-off listing in science and technology innovation board and its spin-off listing on Growth Enterprise Market in the future.

The strategic layout of Geely Holding is very important, and it is also important to maximize the "assets". There is a saying in the secondary market.

At present, most new energy automobile companies don’t make money, and so does Krypton. According to Geely Automobile’s financial report, Krypton’s revenue in 2021 was 2.868 billion yuan, and its net loss was 1.010 billion yuan. The loss in the first half of this year reached 759 million yuan, with an average monthly loss of 126 million yuan. In the final analysis, these inputs and losses were borne by Geely Holding, or Li Shufu personally.

In the process of spin-off, Krypton can raise funds in the primary market, or refinance after listing, so as to obtain greater funding channels. At the same time, after the split-up of Krypton, it can also greatly alleviate the financial burden of the listed company Geely Automobile, optimize the financial statements, obtain a higher return on investment than before, and boost the valuation of the secondary market.

In addition, for Krypton itself, the spin-off will also promote the company’s main business to be more focused and more transparent, which will also help to convey a clear corporate image to the capital market and gain the recognition and support of investors.

Where are the challenges and dawns?

From the general direction, the split listing of Krypton is a perfect path, but it is not easy to walk. Lao Li believes that the biggest challenge at present is not internal, but external, which is not only a problem that extremely krypton will encounter, but also a problem encountered by other new energy vehicle companies.

Lao Li has mentioned many external problems before, but each family also has difficulties. For example, Zhongchuang Singapore Airlines and Zero Run Auto are listed in Hong Kong, and the pressure from shareholders has forced everyone to go. Weimar has also slowed down the pace of listing in Hong Kong, not because it doesn’t want to go to Hong Kong, but because its valuation is too low.

In the past two years, a number of new energy vehicle enterprises hatched by traditional giants have been added to the market, such as GAC Ai ‘an, SAIC Zhiji, Dongfeng Lantiu, Great Wall Salon, Chang ‘an Aouita, etc. After the capital market targets increase, the market will naturally kill the valuation, and the number of people sharing the cake will increase, and the value of each cake will naturally decrease.

So waiting is the best way for companies that are not short of money. The idea of extreme krypton may be to choose to promote the listing process first and then start the listing according to the appropriate time and price. A brokerage analyst also put forward the possibility that the news of the spin-off listing will pave the way for the A round of financing in the next 1-2 years. After all, some industrial funds have already made contact with Krypton.

For Krypton itself, at present, both science and technology innovation board and HKEx have put forward new auditing requirements for R&D capabilities of new energy vehicle companies. From 2020 to this year, many vehicle companies and Internet companies have stopped IPO due to "insufficient R&D level". We will wait and see how Krypton can play this card.

Despite the poor external environment, the sales volume of krypton has been exceeding expectations. In the first three quarters of 2022, the cumulative sales volume of krypton was 39,500 vehicles. After entering October, the delivery of krypton entered the fast lane, and the monthly delivery volume exceeded 10,000 vehicles, reaching 10,119 vehicles, an increase of 22.3% from the previous month. But the delivery pressure of krypton is not small.

Despite this, Geely is still at the forefront of domestic car companies, and its layout in the capital market is mainly around mergers and acquisitions and spin-offs. In the past ten years, Geely has been carrying out mergers and acquisitions, from traditional cars to new energy, from intelligent networking to ecology, achieving good synergy, while spin-off listing is a means of asset divestiture, which broadens the company’s financing channels through high-quality asset spin-off.

Generally speaking, there are two types of companies listed in the capital market: one is a growing subsidiary with strong profitability, such as BYD’s Foday Battery, and the other is an incubation platform company, such as Sina Weibo, which is incubated by Sina. From this point of view, krypton belongs to both at present, and will get a higher valuation in the capital market.

The listing of krypton will open up new ideas for Geely Holding, and will also open up new ideas for the industry.