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Starting from 499,000 yuan, pure electric luxury MPV polar krypton 009 is listed

Beijing News Shell Financial News (Reporter Zhang Bing) On the evening of November 1, 2022, Krypton 009 was listed, and two models were launched. The official guide price is 499,000 yuan and 588,000 yuan, and it is expected to be officially delivered in January 2023. As the second product of the Krypton brand, Krypton 009 officially entered the market of six large luxury cars with more than 500,000 yuan.

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Shanghai Xingtu Lanyue price reduction news, discount 18,000! Today’s great discount

[Autohome Shanghai Promotion Channel] Good news! The high-profile luxury SUV is having a grand promotion in Shanghai. In this promotion, car buyers can enjoy a cash discount of up to 18,000 yuan, making the already cost-effective Xingtu Lanyue even more attractive. The starting price has been reduced to 175,900 yuan, which is very tempting. If you are interested in Xingtu Lanyue, don’t miss this excellent car buying opportunity. Click "Chatti Car Price" in the quotation form now to seize this rare offer and add more benefits to your car buying journey.

上海星途揽月降价消息,优惠1.8万!今日钜惠

The exterior design of Xingtu Lanyue is unique with its majestic temperament. The front face part adopts a family-style design language, and the air intake grille adopts a large area of chrome decoration, which is exquisite and powerful. The overall lines are smooth and the body sculpture is strong, showing the style of hard and elegant coexistence of high-end SUVs, giving people a strong visual impact. The exterior design of Xingtu Lanyue perfectly integrates modern aesthetics and functionality, showing the combination of luxury and technology.

With its 4970mm body length, 1940mm body width and 1792mm body height, Xingtu Lanyue creates a solid and wide body ratio. The wheelbase reaches 2900mm, ensuring a spacious and comfortable ride space in the car. The smooth lines on the side of the car show the perfect combination of power and elegance. The front and rear wheel tracks are 1644mm, which guarantees driving stability. The tire specification is 245/50 R20, and it uses exquisite 20-inch wheels, which not only enhances the visual impact, but also provides the driver with excellent handling performance and driving stability.

上海星途揽月降价消息,优惠1.8万!今日钜惠

The interior design of Xingtu Lanyue is dominated by luxury and technology, showing the perfect combination of refinement and practicality. The steering wheel is made of exquisite leather material, which provides a comfortable grip and supports manual up and down + front and rear adjustment to adapt to the different needs of the driver. A large 15.6-inch screen is placed on the center console, which integrates multimedia systems, navigation, telephone, air conditioning and other functions. The touch operation is smooth and the sense of technology is full. In terms of seats, whether it is the front or the second row, high-grade leather materials are used to provide heating and ventilation functions, and the driver’s seat is also equipped with power seat memory to ensure the comfort of passengers. The configuration of USB and Type-C interfaces is also quite comprehensive, with 2 interfaces in the front row and 3 in the back row, including the wireless charging function of mobile phones, which fully meets the user’s electronic device connection needs. The overall interior design pays attention to detail, aiming to create a luxurious and convenient in-car environment for users.

上海星途揽月降价消息,优惠1.8万!今日钜惠

Starway Lanyue is equipped with a 2.0T turbocharged engine with a maximum power of 192 kilowatts and a power performance of 261 horsepower, providing a strong power output. Matched with an 8-speed automatic transmission, it makes the driving process smoother and more flexible. This engine brings the perfect combination of high efficiency and driving pleasure to Lanyue.

Summarizing the owner’s evaluation, Xingtu Lanyue won his approval for its atmospheric and high-end exterior design, as if it was specially built to meet the international vision. The owner emphasized the strong power and fast acceleration performance of the vehicle, which is undoubtedly an excellent partner for the actual needs of his frequent use on the construction site. Obviously, Xingtu Lanyue not only satisfied his personal preferences, but also won the trust and praise of this pragmatic owner with its excellent performance.

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Price 19.99-22 9,900 second generation Haval H9 officially launched

A few days ago, the second generation was officially launched, and a total of 3 configuration models were launched, with a price range of 19.99-22 9,900 yuan. As a replacement model, the new car still adopts the body design, but the exterior interior design and power configuration have been fully upgraded, and the product power has been significantly improved.

In terms of appearance, the new car adopts the popular "square box" design language. The front face is equipped with a banner-type rectangular middle net, and it is very tough with headlights on both sides.

The side shape of the car body is very square, and a large number of straight lines are used to outline the hard-core off-road style. Sufficient suspension travel margin is helpful for off-road and later modification. The rear part of the car is equipped with a side open tailgate, and the square lights on both sides have a "" taste. At the same time, you can choose a back-mounted "small schoolbag" and a full-size spare tire.

In terms of size, the length, width and height of the new car are 5070/1976/1930mm respectively, and the wheelbase is 2850mm. In terms of interior, the new car also uses a lot of tough lines to echo the hard look. The center console is equipped with a full LCD instrument panel and a 14.6-inch center control screen, with a 540-degree panoramic image, which is convenient for observing off-road road conditions. The independent handle in front of the co-pilot is also a hard off-road feature. There is a wireless charging pad at the central island, and the stopper is in the same style.

In addition, the front and rear seats of the new car are provided with ventilation, heating, and massage functions in the front row. In terms of power, the new car is equipped with a 2.0T engine, with a maximum power of 165kW and a peak torque of 385N · m. It matches the 8AT gearbox and TOD intelligent four-wheel drive with M-Lock mechanical differential lock and front and rear locks, and matches the second-generation all-terrain control system.

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New Audi Q7/SQ7/Q8 officially launched, priced from 609,800 yuan

BITECH On July 22nd, the new Audi Q7/SQ7 and the new Audi Q8 were officially launched. Among them, the new Audi Q7 launched a total of 4 models, priced at 60.98-80 4,800 yuan; the new Audi SQ7 launched a total of 1 model, priced at 1.0988 million yuan; the new Audi Q8 launched a total of 4 models, priced at 78.68-108 4,800 yuan. It is worth mentioning that the new Audi Q7/SQ7 and the new Audi Q8 are both mid-term models, and the new Audi Q7/SQ7 is on the basis of the last mid-term model. The model is still based on the MLB Evo platform, and the exterior interior design and model equipment have been updated and optimized.

Price guidance for the new Audi Q7 Model Selling price (10,000 yuan)

45 TFSI quattro S line Darth Vader

60.98 45 TFSI quattro S line Sport 62.78 55 TFSI quattro S line Sport 70.68 55 TFSI quattro S line 80.48
Price guide for the new Audi SQ7 Model Selling price (10,000 yuan) 4.0T V8 109.88
Price guidance for the new Audi Q8 Model Selling price (10,000 yuan) 45 TFSI Quattro Deluxe Dynamic 78.68 55 TFSI Quattro Deluxe Dynamic 87.98 55 TFSI quattro selection 95.48 55 TFSI quattro exclusive dynamic

108.48

The new Audi Q7/SQ7

In terms of appearance, the new car features a large front air intake grille and a honeycomb mesh design, while the mesh structure is embellished with chrome-plated decoration. The headlight set of the new car will be equipped with customizable laser headlights, and the front surround will also be more sporty. The new car will also be offered in three new body colors, Askari Blue, Sakilkin and Pepper Red, for more personalized attributes.

On the side of the car body, the overall shape of the new car is still the classic SUV body structure of the Audi Q7. The new car is also equipped with double five-spoke style wheels and red brake calipers, and has 19-22 inch wheels. At the rear, the OLED light source inside the taillight of the new car has also been redesigned, which is more recognizable after lighting. The rear surround also adopts a double-layer structure with different colors from the body, and is matched with a bilateral exhaust layout and a tail diffuser decoration.

In the interior part, the new car still adopts Audi’s digital cockpit design, using a full LCD instrument panel and a three-spoke multi-function steering wheel. The middle of the central control is equipped with an embedded multimedia display screen, and the bottom is also equipped with an embedded functional touch panel. Coupled with an electronic shift mechanism, the vehicle’s technological sense is well displayed. In addition, the car system of the new car will also support the download of third-party software, and a variety of driving auxiliary features have been added. Tips.

In terms of power, the new car will offer 45TFSI and 55TFSI models, of which 45TFSI is equipped with a 2.0T + 48V light hybrid system, with a maximum power of 195 kW and a maximum torque of 370 Nm; 55TFSI is equipped with a 3.0T turbocharged six-cylinder engine + 48V light hybrid, with a maximum power of 250 kW and a maximum torque of 500 Nm. In terms of transmission system, both power versions use an 8-speed manual transmission and a quattro four-wheel drive system.

The new Audi SQ7 will also continue to be supplied, with a more sporty design and blackening of vehicle trims. The power will be equipped with a 4.0T twin-turbo V8 engine with a maximum power of 373 kW and a maximum torque of 770 Nm. The drivetrain is matched with an 8-speed manual transmission and quattro OurHours four-wheel drive.

The new Audi Q8

In terms of appearance, the new Audi Q8 has been adjusted for the internal details of the taillight group, and the recognition has been further improved after lighting. At the same time, the new Audi Q8 will also be equipped with a new style of front grille, and the shape of the lower surround will also be adjusted.

On the side of the body, the overall outline of the new car is actually quite full and full of tension. The sloping C-pillar and rear window, with the lower surrounding of the same color of the body and the rear spoiler, look very dynamic. At the rear of the car, the Audi Q8 adopts a through LED taillight group, and the central panel of the taillight is painted in bright black, which is inlaid with the Audi four-ring logo.

In terms of interior, the new car basically continues the design of the current model. The 12.3-inch full LCD instrument panel is paired with two central control touchscreens on the upper (10.1-inch) lower (8.6-inch), which looks very technological. In terms of power, the new Audi Q8 will also continue to provide 45TFSI and 55TFSI. Among them, the 45TFSI model is a 2.0T + 48V light hybrid system with a maximum power of 195 kW and a maximum torque of 370 Nm; 55TFSI is equipped with a 3.0T turbocharged six-cylinder engine + 48V light hybrid, a maximum power of 250 kW and a maximum torque of 500 Nm. In terms of transmission system, both power versions use an 8-speed manual transmission plus a quattro four-wheel drive system.

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Jieyang area Wuling Hongguang S3 price reduction information! The highest profit 2,000, only this time

[Autohome Jieyang Discount Promotion Channel] Good news! There is a big promotion going on in Jieyang area. At present, consumers can enjoy a cash profit of up to 2,000 yuan, which brings real economic benefits to car buyers. The starting price has been reduced to a minimum of 58,100 yuan, which is undoubtedly a great time for car buyers to start Wuling Hongguang S3. To learn more details and get a higher discount limit, be sure to click the "Check Car Price" button in the quotation form to seize this rare car buying opportunity.

揭阳地区五菱宏光S3降价信息!最高让利0.2万,仅此一次

The exterior design of Wuling Hongguang S3 is unique. The front face adopts a family-style air intake grille, and it is matched with exquisite chrome decoration, which not only shows a practical style but also a fashionable atmosphere. The overall shape is simple and atmospheric, and the body lines are smooth, giving a stable and reliable impression, suitable for the needs of multi-purpose scenes.

揭阳地区五菱宏光S3降价信息!最高让利0.2万,仅此一次

With its well-designed body proportions, the Wuling Hongguang S3 presents an elegant side profile. The body dimensions are 4655mm long, 1735mm wide, and 1790mm high, creating a solid body posture. The wheelbase is up to 2800mm, ensuring a spacious and comfortable interior space. The front wheelbase is 1450mm and the rear wheelbase is 1465mm, ensuring the stability of the vehicle when driving. The tire size is 205/65 R16, and with the appropriate wheel design, it not only enhances the visual effect, but also provides a good grip for driving. Overall, the side lines of the Wuling Hongguang S3 are smooth and practical, showing a unique combination of aesthetics and practicality.

揭阳地区五菱宏光S3降价信息!最高让利0.2万,仅此一次

The interior design of Wuling Hongguang S3 is mainly practical and simple. The steering wheel is made of plastic material. Although the touch may be slightly average, it performs well in cost control and durability. The central control area is equipped with a USB interface to meet the daily electronic device charging needs of passengers. A USB/Type-C interface in the front row is convenient for the driver to operate. The seats are made of fabric material, which is moderately comfortable. The main and passenger seats support front and rear adjustment and backrest adjustment, providing a good riding experience. The second row of seats also supports front and rear movement and backrest adjustment to adapt to the needs of different passengers. The rear seats support the overall resting, providing convenience for loading large items. The overall interior layout focuses on practicality and functionality, meeting the diverse needs of family cars.

揭阳地区五菱宏光S3降价信息!最高让利0.2万,仅此一次

The Wuling Hongguang S3 is equipped with a 1.5L displacement L4 engine with a maximum power of 73 kW, which can provide a solid power output. In addition, the maximum torque of this engine is 140 Nm, and with a 6-speed manual transmission, it brings good handling performance and fuel economy to the driver.

The owner of Autohome’s car purchase experience fully reflects the charm of the Wuling Hongguang S3. He said that the appearance of this model is domineering and eye-catching, and every time he sees a similar vehicle on the road, he has the urge to own it. After picking up the car, the family’s six-person and seven-seat layout fits perfectly, making life more convenient. Not only that, the owner particularly praised the lamp design, believing that it meets the actual needs and shows a unique aesthetic. For the Wuling Hongguang S3, the owner’s family gave direct and enthusiastic praise. There is no doubt that this is an excellent model that can meet the needs of the owner in both practical and visual effects. In the streets, Wuling’s presence continues to appear, confirming the popularity and market recognition of this model, making it a reliable choice.

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Jaguar Jaguar F-PACE car purchase discount in Changsha area! Promotional offer 233,800, limited-time promotion

In [Easy Car Changsha Local Auto Market Discount Promotion Channel], we have sorted out the ongoing
Promotions. As a much-talked-about model, the current price reduction of Jaguar F-PACE is still very amazing. The highest discount can even reach 233,800. The minimum starting price is only 306,800. You can get a larger discount by clicking the "Inquire" button in the quotation form. If you are looking for a practical and affordable model, you may wish to find out about the Jaguar F-PACE offers.

First of all, from the appearance, the front face of the Jaguar F-PACE looks very dynamic and very sporty. At the same time, the headlights show a fashionable design style, which is full of visual impact. The car is equipped with LED daytime running lights, headlight height adjustment, automatic opening and closing, adaptive far and near light, delayed closing, etc. To the side of the body, the body size of the car is 4747MM*2071MM*1664MM, the car adopts round and lovely lines, and the side circumference gives a very full feeling. With large-sized thick-walled tires, the overall visual effect is very atmospheric. On the rear design, the rear looks relatively young, and the taillights show a calm design style. The sense of neatness leaps in front of you.

In the car, the interior of the Jaguar F-PACE looks stylish and functional. The steering wheel of the car is eye-catching, and it is made of genuine leather, which makes the grip feel good. Let’s take a look at the central control. The car is equipped with a cold touch LCD central control screen, which makes the interior design quite layered and gives people a feeling of atmosphere. Let’s take a look at the dashboard and seats. The dashboard of the car has a simple design style and looks very technological. The car has leather seats, which are wide and thick, and the overall comfort is not bad.

The Jaguar F-PACE is a powerful luxury SUV with a very attractive design, smooth and elegant lines, giving people a strong visual impact. At the same time, the handling of this car is also very good, the driver can easily control the vehicle, and it is still as stable as a mountain at high speed. Overall, the Jaguar F-PACE is an excellent model that combines beauty and strength, and deserves consumers’ attention and purchase.

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German high-quality sedan Volkswagen Maiteng

As a user who has studied cars, let me tell you about the comparison between Passat and Maiteng.

In the intelligent pilot area, although Passat also has a good configuration, Maiteng is obviously better. Maiteng has a new network architecture, which greatly improves the reaction speed and running fluency of the vehicle system. The intelligent driving auxiliary features are very powerful, and the predictive adaptive cruise can intelligently adjust the speed according to the road conditions ahead, making driving easy and worry-free. The lane-level navigation function is extremely accurate, and there is no need to worry about going the wrong way. The automatic parking IPA is a lifesaver for someone like me who is not very good at parking skills. AR navigation is full of technology, which makes driving more interesting. The fully upgraded IP image looks particularly stylish, and the voice interaction is also very sensitive, which can execute my instructions quickly and accurately. Travel Assist travel auxiliary features make long-distance driving no longer tiring. And Maiteng has done an excellent job in active safety, active-passive integration and passive safety, giving me a full sense of security.

In comparison, Passat’s performance in these intelligent navigation aspects is slightly inferior. In short, Maiteng’s advantage in intelligent navigation makes me more inclined to choose it.

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FAW-Volkswagen B9 Maiteng: Appearance upgrade, power re-evolution, coming soon in 2024

Introduction:

The B9 has been attracting much attention, and the latest news has confirmed that this model will be officially unveiled in April 2024. Although the official did not disclose the specific reason for the postponement of the official announcement, it is certain that this car has an extremely important strategic position for FAW-Volkswagen. This article will analyze the latest information of this B9 in depth, and present you the important models that FAW-Volkswagen will launch soon from the aspects of appearance upgrade, interior design, power system, etc.

The exterior of the new generation B9 Maiteng is eye-catching, especially in the design style, which is more flamboyant and unique than the previous model. In the front face, we can see a single-frame grille through-the-front logo, which connects it with the headlight groups on both sides. The headlights use single-row and double-group LED light sources, which adds a unique recognition to the vehicle. The grille layout adopts a multi-oval shape, which brings a strong visual impact to the overall appearance, especially the huge logo in the center, which has a distinct recognition.

At the rear, we see a new through-type light group, the interior design is similar to the ID series, using an element pattern, which is highly recognizable when lit. The layers at the rear are more direct, each layer has a unique design, with the English logo at the bottom of the logo, the trim in the center of the trunk is printed with Maiteng Chinese letters, and the right side indicates that this car is a hybrid version. The overall rear design echoes the front face, with a black grid and a red through-type belt. The hidden exhaust also adds a modern touch to the new car.

The interior design of the new generation B9 Maiteng is almost the same as that of the European version. The cockpit adopts a wrapping design and is equipped with a three-frame steering wheel. The new LCD instrument and a floating central control screen located on the driver’s side provide the driver with a modern driving experience. In addition, the new car is also equipped with a pocket gear shift mechanism and a new passenger entertainment screen (optional). Although the specific function information has yet to be officially released, the interior design of the new car has been well received by domestic consumers in advance.

The powertrain of the B9 Maiteng has also undergone an upgrade. The flagship version will be equipped with the fifth-generation 2.0T engine for the first time, with a 7-speed wet dual-clutch transmission. This upgrade will provide better power performance and. In addition, the entry-level 1.4T engine has been officially discontinued and replaced by a 1.5T engine to further improve power performance while reducing fuel consumption.

Even more exciting is the introduction of the hybrid version of the new generation B9 Maiteng. This decision shows that FAW-Volkswagen is actively responding to the trend of environmental protection and providing consumers with more choices. Hybrid technology will bring higher fuel economy to this model and reduce carbon emissions.

The new generation FAW-Volkswagen B9 Maiteng is about to be unveiled in April 2024. This car has undergone significant upgrades in terms of appearance, interior design and powertrain. Its more modern appearance, comfortable interior, excellent power performance and the introduction of hybrid versions will make this car stand out in the highly competitive market. For consumers, the new B9 Maiteng will surely become a highly anticipated model, not only providing more choices, but also bringing more convenience and fun to our travel life. Looking forward to April 2024, when this car is officially unveiled, we can experience its charm for ourselves.

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Engine technology tour, detailed explanation of Ford GTDi engine

  [Pacific Auto Network, Technology Channel]Ford 2.0L GTDi engine was first deployed in 2011 Ford in China. This GTDi engine, which combines advanced technologies such as turbocharging and direct injection, is better than Volkswagen’s TSI and GM’s EcoTec T. This article will give you a detailed analysis of Ford’s GTDi engine used in Mondeo-Win.

EcoBoost 

● Engine basic parameters:

Ford EcoBoost 2.0L GTDi engine basic parameters name Ford EcoBoost 2.0L GTDi240 Ford EcoBoost 2.0L GTDi200 Intake form Turbo Turbo Cylinder arrangement inline four inline four stroke four stroke four stroke Number of valves per cylinder 4 4 Cylinder head/block material Aluminum/Aluminum Aluminum/Aluminum Valve mechanism DOHC (Overhead Double Camshaft) DOHC (Overhead Double Camshaft) Oil supply method in-cylinder direct injection in-cylinder direct injection bore 87.5Mm 87.5Mm piston stroke 83.1Mm 83.1Mm compression ratio 10.1 10.1 Maximum power 176.5kW (240PS) @6000rpm 149kW (203PS) @6000rpm Maximum torque 340Nm @3500-3500rpm 300Nm @1750-4500rpm Fuel label 93 (Beijing 92) 93 (Beijing 92) Oil type 5W30 fully synthetic motor oil (factory standard) 5W30 fully synthetic motor oil (factory standard)
Tabulation: www.PCauto.com.cn

The meaning of GTDi

GTDI

  GTDi is an abbreviation for Gasoline, Turbocharged and Direct Injection, which means that the engine is a gasoline engine with turbocharging and in-cylinder direct injection technology. Advanced turbocharging technology and in-cylinder direct injection technology enable the Ford GTDi engine with a displacement of only 2.0L to exhibit the power output of a large-displacement engine and the high torque characteristics of a diesel engine. 

  Before conducting an in-depth analysis of the Ford 2.0L EcoBoost GTDi engine, let’s take a look at this official video to have a sentimental understanding of this engine. Although it is an official video, there is actually a lack of rigor in it. After watching this article and then watching the video, you will easily notice that the answer will be revealed in the article on the last page.

Ford 2.0L EcoBoost GTDi engine life mystery

MKR

  The EcoBoost direct fuel injection turbocharged engine technology has received 125 patents and patent applications in the United States. The EcoBoost V6 is the first product of the EcoBoost series of engines and is mounted on the 2007 Lincoln MKR concept car. The V6 engine uses the Ford Duratec 35 V6 engine body and raises the fuel pressure to 190bar for direct injection in the cylinder; at the same time, the Garrett GT15 turbocharger runs at 170000rpm and provides an intake pressure of 1.06bar. The engine is designed to output the power equivalent of a typical 6.0 L or larger V8 engine, while improving fuel economy and reducing greenhouse gas emissions by 15% compared to the V8 engine. It is precisely because this engine technology can increase power while reducing emissions that it is named EcoBoost, which can be understood in Chinese as "promoting environmental protection".

Explorer

  Closer to home, the 2.0L EcoBoost GTDi engine that I will focus on in this article was first used in the 2008 Ford Explorer America concept car, and the power output was tuned to 275PS and 380Nm. The engine announced that it has the performance of a 3.0L V6 engine while optimizing fuel economy by 10% -20%. Its official production time was in 2010. The Ford S-MAX, the Ford Galaxy, and the familiar Mondeo Victory all used this engine.

Mondeo wins

  The 2.0L EcoBoost GTDi engine used on the 2011 Mondeo Win is available in two different versions, the high-powered version and the low-powered version. The Mondeo Win with the high-powered version is identified as a GTDi240, indicating that it can output a maximum power of 240PS, while the Mondeo Win with the low-powered version is identified as a GTDi200, indicating that it can output a maximum power of 203PS. The specific parameters of the two different engines can be found in the basic parameters listed at the beginning of the article.

EcoBoost 1.6 1.0 

  Ford is expected to launch 1.6L and 1.0L engines using EcoBoost technology in China in 2013. The two new engines will be installed in the new Focus and Fiesta cars.

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Dongfeng Lantu’s 100,000 vehicle rolled off the assembly line, Wuhan Economic Development Zone ran out of the car incremental transformation acceleration

21st Century Business Herald reporter Wang Xue, intern Ma Xiaoyu, reporting from Wuhan

As the "China Car Valley", the Wuhan Economic Development Zone is accelerating on the road to realizing the incremental transformation of the automobile industry.

On April 9, Dongfeng Lantu Automobile announced that the company’s 100,000 new energy vehicle had rolled off the assembly line. "This marks the initial formation of Dongfeng Lantu’s large-scale effect, which will enable Dongfeng Company to seize the industrial frontier, build a trillion-level automobile industry cluster in Wuhan, and build a high-end electric vehicle industry base." Liu Ziqing, a member of the Standing Committee of the Wuhan Municipal Party Committee and secretary of the Wuhan Economic Development Zone Working Committee, said.

In recent years, the new energy automobile industry breakout competition in Guangdong, Shanghai, Chongqing, Hubei, Shandong, Jilin and other major automobile manufacturing provinces has intensified. However, before that, the overall scale of Hubei’s new energy automobile industry was not high. The national new energy vehicle sales ranking shows that in 2023, Hubei Province’s new energy vehicle sales 163,400 vehicles and output 388,000 vehicles, ranking about tenth in the country.

Therefore, Hubei Province wants to strive to break through in the fierce market, and proposes to build an important new energy vehicle production base in the country by 2025, and plan the production capacity of new energy vehicles to be more than 2.50 million. It is worth noting that the sales volume of new energy vehicles in 2022 will exceed that of Shandong Province in Hubei, and the goal of new energy vehicle production in 2025 will reach 1 million.

How can Hubei achieve the established production capacity goals? As the "main battlefield" of Hubei’s automobile industry, the Wuhan Economic Development Zone proposes to promote the incremental transformation of the automobile industry and accelerate the release of new energy vehicle production capacity; on the other hand, increase the "leading + small and medium-sized enterprises" industrial ecological construction, strengthen the close coordination between vehicle enterprises and technology enterprises, and build a more resilient new energy vehicle supply chain.

Accelerate the release of new energy vehicle production capacity

Since the beginning of this year, the tide of price cuts has hit new energy vehicles. On March 1 alone, according to statistics, at least 9 car companies officially announced price cuts or limited-time discounts. Some industry insiders believe that price cuts are an inevitable choice because of overcapacity and oversupply of new energy vehicles. In this regard, Shao Mingfeng, general manager of Lantu Automotive Sales and Service Co., Ltd., said, "At present, there is still a lot of room for the penetration rate of new energy vehicles in third-, fourth- and fifth-tier cities. For example, the penetration rate in the southwest market is less than 20%. Therefore, from the perspective of the penetration rate, there is no overcapacity of new energy vehicles in China."

Therefore, in order to continuously improve the market share, Wuhan Economic Development Zone will accelerate the release of new energy vehicle production capacity, promote Dongfeng Lantu, Lotus, Yunfeng, Warriors and other new energy vehicle enterprises to reach production as soon as possible, and promote the completion of the new energy plant in Dongben.

Among them, Landmap aims to reach the second 100,000 in 2024, and the annual sales volume will be doubled. The company’s CEO Lu Zai said in an interview that the sales volume of Landmap cars in 2023 exceeded 50,000, an increase of 160% year-on-year; the cumulative sales volume from January to March this year was 16,345, an increase of 188% year-on-year.

It is worth noting that during the National Two Sessions this year, Zhang Yuzhuo, director of the State-owned Assets Supervision and Administration Commission of the State Council, "shouted" that three central automobile enterprises, China FAW, Dongfeng Group and Changan Automobile, said they would evaluate their new energy vehicle business separately.

"This is a very realistic decision. Although the new energy automobile industry has been developing for more than ten years, from the perspective of the automobile industry for a hundred years, new energy vehicles are still an emerging industry compared with traditional vehicles. At this stage, if the new energy automobile industry is to grow rapidly and healthily, it is necessary to design assessment indicators that conform to the current development and conform to the laws of the development of enterprises and industries." Lu Fang said, "For Lantu and many state-owned enterprises engaged in new energy vehicles, it is a good signal, allowing enterprises to focus more on considering products, markets and sustainable development of enterprises."

In addition, Lotus Technology, which was registered in the Wuhan Economic Development Zone in December 2020, is also accelerating the release of production capacity. The company’s financial report shows that in 2023, the company delivered a total of 6,970 vehicles, setting an annual delivery record in the 76-year history of the Lotus brand, of which electric models accounted for 63% of the total delivery.

Regarding the 2024 guidance, Lotus Technology said that 2024 is a critical year for Lotus Technology to implement its Vision80 strategy. The company will accelerate the delivery of its leading product portfolio in new markets, and expects total deliveries to increase by approximately three times to 26,000 vehicles, and gross margins will further increase to 17% to 19%.

According to public information, in 2023, Wuhan Economic Development Zone will add 200,000 new energy vehicle production capacity, and the output of new energy vehicles will increase by 30%. "Wuhan Economic Development Zone has gathered 9 vehicle companies, 13 vehicle factories, and more than 1,200 auto parts companies. Automobile production accounts for about half of Hubei Province. In promoting the transformation and upgrading of the automobile industry, we must lead the way." Wuhan Economic Development Zone staff said.

Building a new business model for the automotive industry 

In addition to accelerating the release of new energy vehicle production capacity, the Wuhan Economic Development Zone proposed to accelerate the construction of a new ecology of the automobile industry, increase the construction of "leading + small and medium-sized enterprises" industrial ecology, strengthen the driving and synergy of vehicle enterprises, and further promote "zero coordination".

Liu Ziqing pointed out that since 2023, Wuhan Economic Development Zone has successively launched a new energy and intelligent network industry strategy to enhance the action plan and the development of the automotive core parts industry action plan, with 3 billion yuan to support enterprise innovation, the establishment of 50 billion yuan industry fund, and the top enterprises to strengthen industrial cooperation, promote the upstream and downstream supply chain depth cooperation, through resource sharing and complementary advantages, to form a set of design, research and development, production and sales in one of the complete industrial chain.

Lu Fang told reporters, "As a representative player in the new energy vehicle competition in Hubei Province, Lantu Auto has driven many traditional fuel vehicle parts companies to transition to new energy and accelerated the evolution of the automotive industry chain. On the other hand, it has also driven many parts companies to transition to the full value chain."

"It turns out that many auto parts companies in Wuhan are just manufacturers. Under the impetus of Landmap, many parts companies have built up R & D, project management and other capabilities. At the same time, some suppliers can also develop and manufacture high-value parts from scratch, and achieve independent innovation." Lu Fang further pointed out that the current near-geoization rate of Dongfeng Landmap suppliers is 41%.

Only when products have markets and orders can enterprises develop scale. In addition to increasing domestic market share, new energy vehicle enterprises in Wuhan Economic Development Zone are also planning "new channels" to go to sea.

According to the introduction, Lantu chose Nordic Norway as the first stop to go overseas. Shao Mingfeng explained, "Europe is the strongest industrial town, and it is also the most powerful brand of traditional cars. If Lantu gnaws a bone in the traditional strong car market in Europe, other markets will be easier to expand."

It is reported that Lantu FREE and Lantu Dreamer are currently on sale in Europe, and Lantu Chasing Light has also made its debut in Europe, entering Norway, Denmark, Finland, the Netherlands, Bulgaria and other European countries. It is expected to land in Italy, Germany, Spain, Portugal and other countries in the second quarter of this year.

It is also worth mentioning that this year China’s first car manufacturer IPO took off in Wuhan Economic Development Zone. On February 23, Lotus Technology landed in US stocks. Han Fangliang, deputy director of the Wuhan Economic Development Zone Management Committee, pointed out in an interview with the media that Lotus Technology’s US stock listing has created experience for more companies in Wuhan Economic Development Zone to enter the capital markets, and its international influence will promote the coordinated development of the upstream and downstream of the industrial chain, and accelerate the pace of Wuhan Economic Development Zone automobile industry chain enterprises going overseas.

"The Wuhan Economic Development Zone will actively strengthen industrial collaboration with leading enterprises such as Lotus and Landmap, promote in-depth cooperation between upstream and downstream supply chains in the region, and form a complete industrial chain integrating design, research and development, production and sales through resource sharing and complementary advantages; encourage vehicle and parts enterprises to carry out technological innovation and industrial upgrading, improve the competitiveness and sustainable development ability of the automobile industry; encourage leading enterprises to strengthen cooperation with universities and scientific research institutions, and jointly promote the transformation and application of scientific and technological innovation achievements." Han Fangliang further said.

(Author: Wang Xue, Editor: Zhu Yimin)