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In April 2002, on the eve of the strategic partnership between China FAW and Japan’s Toyota Motor, Masashi Asakura, an expert in Toyota’s production investigation department, came to Changchun. His mission was to guide the production management of FAW cars, that is, to teach the world-famous Toyota production method.

Asakura arrived at the conference room after a week of touring the FAW production site, and the Chinese colleagues accompanying him on the tour routinely hoped for his valuable advice. Unexpectedly, the Japanese expert suddenly pulled his face down and said: "I know what each of you wants to say." He turned and wrote on the blackboard: Down with the Japanese devils. Asakura Masayoshi, who had no smile on his face, said: "I want you to beat me, but you have to beat me first. You can’t beat me. Sorry, just follow me honestly."

Hearing Masashi Asakura’s arrogant words, many of the second-level managers of FAW were deeply angry, but everyone quickly calmed down, just as one of the parties said to Jia Ke later, "You are unarmed, what can you use to defeat him?"

I’m afraid it was against this background that Zhu Yanfeng, then the general manager of FAW, told Jia Ke, a financial journalist at the time, in an interview in 2002 that was later amplified by CCTV and became famous and repeatedly criticized in the industry – "Cars, we have to endure loneliness for 20 years". He said that the car is an honest product, there is no excitement or romance, and the basic work is done well, so that we can compete with the world’s strong players.

People like to listen to stories that go all the way and auspicious words that are achieved overnight, but the reality is that when this is said, the market share of Chinese car brands is only around 25%. There is a gulf that cannot be ignored between Chinese cars and developed countries, and everything is just starting. Zhu Yanfeng’s "can endure loneliness for 20 years" is not passive and inactive. It obviously contains two meanings. The first meaning is not to be self-aggrandizing and impulsive; the second layer means to be realistic and work hard.

Now 20 years have passed. In the past 20 years, Chinese cars have risen all the way to become the world’s largest market. In the process, the machines that once changed the world are being changed, and the four modernizations of cars are gradually becoming a new track of climate, intelligence and electrification. Sparks are flying between traditional cars and new cars. In the once-in-a-century revolution, Chinese cars have ushered in a once-in-a-millennium opportunity.

In the first half of 2022, Chinese brands accounted for 47.2% of the total passenger car sales, which is about to reach the milestone of more than half. The new energy market has shown the hope of leading the world for Chinese cars at an unprecedented speed. In June, the market share of new energy vehicles reached 23.8%. In the first half of 2022, China’s new energy passenger vehicles accounted for 59% of the world’s new energy.

The lonely Chinese cars have finally begun to catch up, and the blooming moment is just around the corner. Zhu Yanfeng’s 20-year contract with Chinese cars has arrived as scheduled.

In early July 2022, as the principal of Xuanyuan School, Dr. Jia Ke led the students of Julang Phase 2 into the Landmap Technology of Dongfeng Motor Group company, and listened to the chairperson of Dongfeng Company, Zhu Yanfeng, talk about the Dongfeng change with Landmap as an example, and as an automobile veteran, his judgment and observation of trends.

Zhu Yanfeng is a legendary figure in the automotive industry. At the age of 38, he took the helm of FAW Group, the "eldest son of the Republic", becoming the youngest leader in FAW’s history. Under his leadership, FAW Group emerged from the darkness and became the first "million" car company in China. Due to his excellent business ability, Zhu Yanfeng is also known as "Young Marshal" in the industry.

He has experienced the era of Chinese cars catching up from traditional cars to the era of smart electric new cars catching up. Now in his 60s, with rich past experience, he leads Dongfeng Motor to fight in the new automotive world.

Judging from the results, Dongfeng Nissan has achieved overall reform, positioning high-end electric off-road warriors are about to be launched independently, and its own brand Aeolus has achieved explosive growth against the trend this year. At the same time, Lantu, a new car-making strength, has also begun to enter the smart electric vehicle market…

"Giant Wave, this name is very good. Cars are indeed a kind of giant wave, a giant wave of social development. Cars have been continuously

of
Changes are promoting social progress and integrating human civilization, including technological civilization and social civilization, so cars have a wide range of significance. "Standing at the turning point of the times, looking back at the past, Zhu Yanfeng sighed to the students of Xuanyuan Learning Julang Phase 2.

Young fame and long-term high position made Zhu Yanfeng put under the spotlight and microscope for almost half of his life, which caused him to be very low-key most of the time. However, in the class of Xuanyuan Zhixue, in the face of young people who were full of vitality, the serious "Young Marshal" rarely revealed his true feelings.

"I can not be the general manager, but I want to be a car for a lifetime, so I decided to be a car for a lifetime, and now I have been a car for a lifetime, and I feel very satisfied." Zhu Yanfeng said.

This is the seventh module of Xuanyuan Learning Giant Wave 2. The theme of this course is "Macro-industrial situation and enterprise change". In addition to Chairperson Zhu Yanfeng’s lecture as an industrial giant on the afternoon of July 6, on the morning of July 5, Fan Gang, vice president of the China Economic System Reform Research Association and president of the National High-end Think Tank China (Shenzhen) Comprehensive Development Research Institute, as an expert mentor, explained the practice of enterprise change and the macroeconomic situation to the students.

On the morning of July 6, Xuanyuan Innovation Workshop, a new heavy link designed to empower OEMs, was added to Xuanyuan Learning. The theme of this Xuanyuan Innovation Workshop was to explore the development strategy suggestions of Lantu under the new trend of smart cars. To this end, on the afternoon of July 5, JL Phase 2 students test-drove two cars of the Lantu brand – Lantu FREE E and the upcoming MPV Lantu Dreamer – at the intelligent network test field of Dongfeng Company in Wuhan.

In the last class, Principal Jia Ke picked up the roll list for the first time and called the names of the whole class again. When every "to" sounded, their memories of Xuanyuan School were like movie clips. This was the first time the students had met after four months of being trapped by the epidemic, and it was also the final course of all seven of their modules.

Economist Fan Gang’s Judgment and Suggestions

On the morning of July 5, 2022, Fan Gang, as the instructor of Xuanyuan School, gave a lecture for the second time to the students of the Julang class. His lecture topic was "The External Environment and Internal Dynamics of China’s Long-term Economic Development".

He started from the recent fluctuations and growth of China’s economy, the "great change" of the international environment and the "decoupling" of China and the United States, the "second half" of the Russia-Ukraine war and globalization, the current inflation and the world economic turmoil, the potential and driving force of China’s long-term economic development, and the low-carbon transition.

Faced with the recent fluctuations in China’s economy that everyone is most concerned about, Teacher Fan Gang believes that although the epidemic still dominates the cause of the recent fluctuations in China’s economy, the epidemic does not belong to the category of economic analysis. From an economic perspective, it is more due to concerns about international financial turmoil, the uncertainty caused by the conflict between Russia and Ukraine, and the "contraction effect" of some policies.

Professor Fan Gang believes that macro policies can still play a certain role in the second half of 2022, mainly fiscal expenditure and infrastructure building, but monetary policy is difficult to play any role. He specifically mentioned that China’s urban agglomeration development strategy is undergoing adjustment in recent years, starting to increase land supply to big cities, reducing or stopping land supply to small cities, allowing collective land around cities to enter the market for housing construction, and increasing the supply of public rental housing. Small towns were basically in the stage of population outflow in the past. The state should create conditions to realize the return of population to small towns and villages, and plan for modern small towns and rural revitalization in advance.

He therefore proposed that China’s economic development has gone through three stages: the initial stage is to take advantage of the comparative advantage of cheap labor and engage in labor-intensive industries, so as to develop; the second stage is the advantage of latecomer, because if you lag behind, you can learn the knowledge and technology that other countries have developed at a lower cost and faster speed, and then quickly shorten the gap. The specific method is to study abroad, exchange science and technology, and introduce foreign capital; the third stage is the stage where latecomer advantages and independent innovation work together. From 2018, China has almost entered this stage.

Therefore, Fan Gang refers to the "Thucydides Trap" because "China has changed" – developing faster and faster, so fast that some Western countries regard China as their number one competitor, and they cut off our access to knowledge by cutting off supply, decoupling, and cutting off supply.

After leading the students through the cruelty of reality, Fan Gang also pointed out the direction for the students to get out of the predicament. He believes that globalization will not stop. "The United States is so de-globalized and so anti-globalized, why hasn’t globalization stopped?" He said. "To discuss this matter, you must first understand one question. Who originally promoted globalization? It was the big companies in developed countries that promoted the development of globalization."

"

Fan Gang believes that globalization will not stop. "The United States is so de-globalized and anti-globalized, why doesn’t globalization stop?" he said. "To discuss this matter, we must first understand one question. Who originally promoted globalization? It was the big companies in developed countries that promoted the development of globalization.

"

In the beginning, multinational companies promoted globalization, and the political elites supported it, and the grassroots class was not harmed. At that time, the industries that were transferred out were nothing more than labor-intensive. Wages in developed countries rose, and they moved to capital-intensive and knowledge-intensive industries, including the service industry. So no one opposed it. At that time, it was the developing countries who opposed globalization. The starting point of the developing countries at that time was that you used to exploit us in a colonial way. Now you don’t engage in colonies. You use multinational companies to call neocolonialism to continue to exploit us.

Today, the situation has changed significantly. "The more advanced we go, the more we lose manufacturing in developed countries," says Fan Gang. "Low-end manufacturing goes out, and high-end manufacturing also goes out. As a result, blue-collar workers in developed countries are severely unemployed, their living standards are seriously declining, and there is no hope. Therefore, the anti-globalization movement of the grassroots class in the United States has been triggered. The grassroots class has votes, so the political elite also follow these grassroots classes to oppose globalization. But multinational companies have not stopped thinking about the issue of global layout for a day."

Faced with the "Thucydides Trap", he believes that multinational companies are still engaged in globalization. The development of globalization will bring opportunities to backward countries. Backward countries and emerging market countries now support globalization, so globalization will not stop, but there will be some adjustments to globalization. Domestic enterprises must first continue to adhere to globalization, but at the same time, they also need to think about future development and adjust the layout of globalization with the way of thinking of global resource allocation. "Our enterprises can not only develop in the Asia-Pacific region, but also go to America and Europe to set up factories, develop and allocate resources."

Fan Gang said that there are several theories in economics that can prove that perfect competition is not a good industrial behavior. Perfect competition can keep prices very low. Although it is the best for consumers in terms of price and cost, one of its problems is that there is very little innovation. Perfect competition has little profit for enterprises, and profits are very thin. Its ability to invest in and research and development is very poor, so it will not invest in research and development as a continuous process. Then, the industry becomes less and less innovative, and there are fewer and fewer new products. This is a negative factor for consumers in the long run.

The reason why an industry can be in a state of perfect competition generally has a lot to do with the low threshold of the industry. He said: "Digital transformation involves the structure of the entire industrial Internet. The problem with our industrial structure is that there are too many small enterprises, all of which are small enterprises. Small enterprises have little profit and little investment, and it is too expensive for them to do things in the industrial Internet. In the digital economy, enterprises need someone who can provide better software and provide better and cheaper solutions to help manufacturing enterprises achieve transformation at a relatively low cost. If this problem is solved, our manufacturing industry can keep up with the new stage of international technological development and can continue to develop, which is also an important future potential growth point for China’s economy."

In addition to improving the digitalization level of the manufacturing industry, Fan Gang also mentioned that it is now an opportunity for all walks of life to reform and adjust the internal structure of the industry through mergers and acquisitions to enhance competitiveness. At the same time, he also did not forget to seize the development opportunities of new energy and new energy-related industries. This is actually a huge opportunity brought to us by the current transformation of the automotive industry from traditional automobiles to new energy intelligent networked new vehicles.

The first show of Xuanyuan Innovation Workshop

"

The so-called Xuanyuan Innovation Workshop is a think tank composed of Xuanyuan School mentors and students. It conducts targeted multi-angle consultations and discussions on some pain points, difficulties and itching points in the actual development of the OEM where the industry mentors are located.

"

Xuanyuan Zhixue has always emphasized the mutual learning and learning together. In the last module of Julang Phase 2, Xuanyuan Zhixue specially launched a link that reflects this teaching model – Xuanyuan Innovation Workshop.

The so-called Xuanyuan Innovation Workshop is a think tank composed of Xuanyuan School mentors and students. It conducts targeted multi-angle consultations and discussions on some pain points, difficulties and itching points in the actual development of the OEM where the industry mentors are located.

The Xuanyuan Innovation Workshop is to discuss the opinions and suggestions of the development of Lantu under the new situation of the new energy smart vehicle market. The members of the think tank are Xu Changming, deputy director of the State Information Center and senior economist, Zhang Xiaoliang, founder and CEO of SoCar Product Strategy Consulting, Wu Jun, the representative of Xuanyuan Learning Julang Phase 2 students and the general manager of Zhuomeng International, and Wang Fengbin, the executive principal of Xuanyuan Learning, conducted an in-depth analysis of the development of Lantu Automobile from the four dimensions of market, product, marketing and brand.

In order to provide a more complete picture of the current situation of Landmap and the development problems encountered, DONGFENG MOTOR CORPORATION Party Committee Standing Committee, Deputy General Manager You Zheng, and Deputy General Manager Liu Zhanshu of Landmap Automotive Sales and Service Co., Ltd. came to the class of Xuanyuan Zhixue, gave a detailed introduction to the current situation of Landmap, and confessed to Xuanyuan Zhixue its current bottleneck. The biggest problem with Landmap at present is that although it has the potential to explode, it has not yet become a hit.

Lantu Automobile Sales Company has just assumed responsibility for marketing Liu Zhanshu from the marketing interpretation, the product positioning of Lantu, high-end sense of building and strategic position and other issues to Xuanyuan Factory guests threw their own topics.

Xuanyuan School instructor Xu Changming took the lead in interpreting the three opportunities and three challenges of Lantu Automobile from the overall situation of the automobile market.

He believes that the opportunity of Lantu is that the total number of electric vehicles is and will continue to grow rapidly. In addition, among the 300,000-400,000 electric vehicles, independent and joint venture brands are evenly divided. Furthermore, among consumers who buy high-end electric vehicles, there are a group who prefer to have independent big brands endorsed. The challenges are similar to the difficulties encountered by most traditional car companies in transformation, including how to challenge the traditional thinking mode, what new ideas to reduce costs and how to create better quality.

Xuanyuan’s mentor, Zhang Xiaoliang, who focuses on product strategy research, gave Lantu Automobile’s product development advice on the topic of "Building a Product Strategy System for the Expansion Period of Intelligent Electric Drive".

He suggested that making products requires making truly effective innovation breakthroughs, rather than just doing emotional business. At the same time, it is also necessary to form a system of very broad recognition and common drive within the entire team, which should be managed and driven by goals, rather than by the process management tools of 20 or 30 years ago.

Xuanyuan Learning Julang Phase 2 student Wu Jun gave Lantu a very specific and easy-to-implement marketing strategy suggestion from the perspectives of brand, product, competitive product and sales.

Wang Fengbin, the executive principal of Xuanyuan School, stood in the perspective of brand innovation culture strategy, and provided more ideas for the branding of Landmap in terms of vision-driven, cultural empathy and cybertribe operations.

After the keynote speeches of the four experts, the students of Xuanyuan Learning Julang Phase 2 included: what opportunities and challenges will Lantu face in the future, how will it stand on the shoulders of Dongfeng, the "giant", what is the biggest difficulty that Lantu encounters in brand promotion, what are the competitive advantages of Lantu compared with other new car-making forces, and why Dongfeng wants to create a high-end new energy vehicle brand like Lantu. Four questions started with a fierce group discussion.

Through the students’ rich practical experience and corporate leadership background, their discussions also gave Lantu a broader perspective for improvement. Liu Zhanshu said that through the discussions at Xuanyuan Factory, many questions were raised, "some can be solved quickly, and some can be solved in the process of solving,… I think it is very good to have such a very frank face-to-face discussion."

This is the first activity of Xuanyuan Zhixue – Xuanyuan Innovation Workshop. Not to mention the expert mentors of Xuanyuan Zhixue, in fact, every student is an expert in a certain aspect of the automotive industry, and they are all high-powered people in the automotive industry. It is easier for them to come up with relatively more practical solutions. In the future, Xuanyuan Zhixue will continue to replicate this model, improve and improve quality, and continue to empower OEMs and the automotive industry ecosystem.

The link of Julang Private Exchange was shared by Huang Liang, founder and CEO of Rainbow Wireless (Beijing) Technology Co., Ltd., a student of Julang Phase 2, and Sun Yanan, founder of Suzhou Youlesai Supply Chain Management Co., Ltd.

Huang Liang is moving from mobile phones to the automotive industry. The development of mobile phones from the Internet to the mobile Internet and cars from traditional to smart electric vehicles seem to be several things in different fields, but he believes that the development, evolution and technological progress of these industries are very closely related. "How can we use existing technologies to optimize and change the past form and form a new business model, that is, the application scenarios or business opportunities of smart cars."

Sun Yan’an shared his thoughts on the four aspects of the automotive supply chain: demand, management, process and rules. The company he founded is a company that uses the unitized logistics system as the basis point to design and serve the automotive parts industry. It has basically realized the full scene coverage of the automotive industry, especially the parts.

In the future, they hope that through market rules or market development, they can truly establish a professional independent service third party. "Advocate the logistics packaging sharing platform of China’s automotive industry, and hope that everyone will unify the standards and work together to promote the common progress of the automotive logistics industry and improve the level. That is our goal," he said.

Zhu Yanfeng withstands loneliness after 20 years

On the evening of May 5, 2015, Zhu Yanfeng flew to Wuhan from Changchun. At the age of 54, he had been away from the automotive industry for nearly 8 years and suddenly returned to manage a large central enterprise with 170,000 employees, 3 listed companies and 15 major automobile companies. People are looking forward to how Zhu Yanfeng will play his cards.

This answer sheet has begun to emerge after 7 years: sweep away all kinds of branches and creeps, find the certainty of future development. At the crossroads of history, concentrate resources and strength to develop independent brands.

In July 2017, Dongfeng Yulong "withdraws people and does not withdraw capital"; on April 14, 2020, Dongfeng Renault delisted and restructured; on November 19, 2021, Dongfeng Yueda Kia withdrew… In the joint venture sector, Dongfeng has finally completed the evolution from "integration" to "withdrawal".

At the same time, Dongfeng’s independent brand took on a new look. Dongfeng Fengshen completed its self-rescue and counterattack, got out of the bottom, and started a new round of growth. Landmap Automobile has just perfected the full-link personnel structure and is preparing for a new sprint. M brand of Dongfeng’s high-end new energy off-road vehicle project will be born again.

In 2021, Dongfeng Group established a strategic steering committee to support important strategic plans, business plans, including budgets, etc. Dongfeng Motor also adjusted its organizational structure and innovatively adopted the BU system for technology centers, Dongfeng Finance, Dongfeng Import and Export Company, and Dongfeng Travel, which stimulated the vitality of the enterprise.

On the afternoon of July 6, 2022, Zhu Yanfeng, chairperson and party secretary of DONGFENG MOTOR CORPORATION, walked into the class of Xuanyuan Zhixue with the specific practice of "five modernizations to one car, one car to four networks", and gave a speech and question and answer for two and a half hours.

In 1999, when Mr. Zhu, 38, took over as FAW’s general manager, he became the youngest person in FAW’s history to take the helm and the youngest general manager of China’s large auto industry. In a speech shortly after taking office, Mr. Zhu proposed that all FAW employees in China drive their own cars. Like some of his remarks, there was ridicule and skepticism.

When Zhu Yanfeng drew a beautiful blueprint, Zhang Ming was still an ordinary employee with a salary of more than 600 yuan per month, while a Jetta cost more than 100,000 yuan; in 2004, Zhang Ming drove a Bora with about 200,000 yuan back home. Twenty years later, Zhang Ming has become the backbone of FAW Group and joined Xuanyuan Learning Julang Phase 2. He said that this is Zhu Yanfeng’s vision from the height of the enterprise leader, he saw the future, non-linear development.

For leaders, ability, charm, courage and eyesight are all indispensable. One step at a time is the basic operation. Only by taking three steps can we lead the company to go faster and farther. In the automotive industry, "I have worked for a lifetime". In the era of competition and alternation between old and new, Zhu Yanfeng has his own insights into the future of automobiles.

"I’ve been in cars for decades, and I’ve been talking about one thing, and I’ve been answering myself, what is a car?" he said.

"

In response to Zhou Yan’s question, Zhu Yanfeng said: "As an individual, I feel that the mind, pattern, and taste should always be pursued, and then you should also be responsible, and you must be able to bear grievances. Behind this, you have to bear a lot, a lot of grievances, and you have to endure loneliness.

"

For this question, Zhu Yanfeng gave an answer when he attended the 12th China Auto Blue Book Forum with the theme of "Winter Bud" in 2020, "Can you be a Rubik’s Cube, a Transformer, and use our new materials to make a car that allows users to spend a share of money and make a powerful and small car?"

He pointed out at the time that companies are like sailing in the ocean. If they do not actively "move", they will be submerged. To continuously swim in the ocean, they need to carry out "cross-border", that is, in terms of technology, energy, business models, and intelligent intelligence, and provide users with the richest car world through intelligence, networking, and sharing.

Two years later, in the Xuanyuan School class, Zhu Yanfeng gave a more concrete direction. On the basis of the "four modernizations of automobiles" proposed by Dr. Jia Ke, he emphasized "lightweight". He believed that the development of the energy revolution, the Internet revolution, and the integration of the intelligent revolution and the transformation of the automobile industry promoted the development of the automobile industry in the direction of "five modernizations".

"I think there will be many material revolutions in other fields, material changes and material industrialization applied to our cars in the future. Lightweight is basically Dongfeng’s own call, but we think we still need to shout. Now whether it is aluminum-magnesium alloy, aluminum alloy, or aluminum-steel alloy, it has actually become a material process."

At the same time, the attributes of the car transformed the integration of products and society into a systemic operation. In society, there were transportation, energy, information, and financial relationships. On this basis, Dongfeng proposed "one car through four networks", that is, cars are linked to transportation networks, energy networks, information networks, and financial networks.

In a word, "five modernizations into one car, one car through four networks" is the characteristic of today’s automobile development.

In the interactive session, in response to the students’ questions about the relationship between smart cars and mobile phones, he said: "Today’s autonomous driving, including vehicle to everything, is actually a product defined by the threat of pursuing consumer trends in the tide to some extent. In fact, if it is very rational, the car and ecology are connected, and this part of the mobile phone can be done. Because the car and the mobile phone are originally divided, and the mobile phone part is connected with the ecology. You are the electronic mobile end point. I am the tangible material end point, and it is good to combine in the middle. But now these two are not combined, but replaced each other. I think more cars tend to have stronger computing power in motion and control, and the ecological interface is more involved."

Zhu Yanfeng has his own opinion on the relationship between the OEM and the supply chain. He believes that the relationship between the two parties must always be symbiotic and communion, but the relationship between the black box, white box, and gray box must be a dialectical relationship. In this relationship, the gray box state will become the norm. The black box is very short-lived, and the white box will not last long. So the gray box state should be a better state for supply chain management.

During the interactive session, the students couldn’t hide their admiration and curiosity about Zhu Yanfeng’s "Young Marshal" experience. Zhou Qian, a student of Julang Phase 2 and then deputy general manager of SAIC-GM-Wuling Sales Company, asked Zhu Yanfeng, who was young and famous, "If I were a young employee of Dongfeng, would I have any experience to share on the development path?"

Looking at the younger generation who was the same age as when he took over FAW, Zhu Yanfeng’s answer was particularly heartfelt. He said: "Life is a choice, and you always choose, it depends on what you choose. The real freedom is not what you want to do, but what you don’t want to do." "I work in administration and government, but I didn’t actually give up the car. Later, people asked if you were really interested. I said I was really interested. The changes that cars bring to people are really rich."

Looking back on the past, Zhu Yanfeng said, "At the age of 38, I feel that the right time, the right place and the right person have made me. Personally, I have indeed worked hard and suffered, but it is not just an individual, but also the right time and the right place and the right person. The right time is China’s reform and opening up, and the right place is the beginning of the establishment of China’s automobile society. Renhe is my predecessors of FAW. They should give me full trust and support as an employee, and they are willing to let me take on development, and they are willing to take on such challenges and risks. But as an individual, I feel that the mind, the pattern, and the taste should always be pursued, and then you should also have responsibility, and you have to bear the grievances. Behind this, you have to bear a lot, a lot of grievances, and you have to bear loneliness."

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This article is originally published by Automotive Business Review
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　　Original title: What a wonderful world Gothenburg | Take you into the city of industrial innovation in Sweden.

　　Starting from the "city", the world’s major cities for studying abroad come into view. College information, food, clothing, housing and transportation, and all kinds of knowledge of study abroad destinations include the heart. Europe, Asia, America and Australia-The lens of Study Abroad magazine travels around the world, "The world is really wonderful", searching and exploring, and enjoying the world of studying abroad with you. The wonderful column of the world, one city per issue, will lead you into Gothenburg, the city of industrial innovation in Sweden.

　　The first impression of Gothenburg

　　Gothenburg, the second largest city in Sweden, as a pearl on the west coast of Sweden, is also a small and beautiful industrial science and technology city in Sweden, shining with the light of innovation everywhere.

　　Gothenburg is a famous Nordic city with a long history. In 1619, King Gustav Adolphus of Sweden ordered the construction of Gothenburg as an important military fortress against Denmark. The unique geographical advantages make Gothenburg the largest port in Sweden. In 1732, the first merchant ship of the Swedish East India Company went to China for business, and set sail from Gothenburg. In the following 75 years, Sweden and China completed 129 maritime trade.

　　The long history has not stopped Gothenburg’s industrial development and technological innovation. As the leading industrial city in Sweden, Gothenburg is the base camp of many well-known international enterprises. The headquarters of Volvo, Ericsson, Hasselblad camera and SKF bearing are all in Gothenburg. At present, Gothenburg’s new city plan is under way. Through the expansion and development of the outer suburbs of the city, Gothenburg will become a fertile ground for more innovative technologies and enterprise development.

　　Gothenburg is a multifaceted city, which is quiet and gentle and exudes the charm of northern European cities; At the same time, it is full of vitality and strives for innovation.

　　Learning in Gothenburg Education

　　Gothenburg has two famous universities-chalmers university of technology and the University of Gothenburg. Both famous universities offer undergraduate and master programs in English. Chalmers university of technology is a well-known institute of technology in Europe and even the world, while Goethe-Borg University is a prestigious comprehensive research university in Sweden.

　　chalmers university of technology

　　Chalmers university of technology, founded in 1829, is a polytechnic university focusing on engineering technology, natural science and architecture. Its popularity is second only to the Royal Swedish Institute of Technology. About 40% of engineers and architects in Sweden graduated from Chalmers University, which is also the university with the highest employment rate in Sweden. Chalmers University has 17 colleges with 10,000 registered students and more than 3,000 faculty members.

　　Chalmers university of technology has outstanding scientific research strength, and has made outstanding achievements in eight fields, namely, built environment, energy and power system, information and communication technology, life science engineering, new material science and nanotechnology, industrial production and automation, vehicles and transportation. Chalmers university of technology has two campuses, one is Johanneberg’s main campus in the city center, and the other is Lindholmen’s campus on Hinsingen Island. Among them, Lindholmen campus is located in Gothenburg IT Park, adjacent to many well-known companies such as Volvo and Ericsson.

　　With the in-depth cooperation between China and China in automobile manufacturing R&D and communication engineering, the employment prospects of science and engineering students studying in Gothenburg are getting better and better, and more China students choose to study in chalmers university of technology.

　　University of Gothenburg

　　As a well-known comprehensive university in Sweden, Gothenburg University is second only to Uppsala University and Lund University in Sweden. The predecessor of the University of Gothenburg is the University College of Gothenburg, which was founded in 1891. After a hundred years’ development, the University of Gothenburg has developed from an initial college into a comprehensive university that includes natural science, humanities, social science, business law, education, medical science, information technology, design and art. At present, the University of Gothenburg has 8 colleges and 57 disciplines, with a wide range of specialties.

　　The medical school of Gothenburg University is very famous, and its dental specialty has always been in the leading position. The School of Business Economics and Law of the University of Gothenburg is one of the well-known business schools in Europe. The school has established cooperative relations with many advanced universities in the world, and both undergraduate and master students can get rich exchange opportunities. At present, international students in China can apply for Volvo Scholarship set up by Gothenburg University and Volvo Group, and students who have won this scholarship also have the opportunity to enter Volvo for internship.

　　The colleges of Gothenburg University are scattered in different areas of the city, and it is a city university without walls. At present, the school has 47,000 registered students and 6,000 faculty members, of which 59% are women, which reflects the Swedish values of gender equality.

　　Gothenburg on the tip of her tongue gourmet pian

　　When it comes to Swedish food, IKEA meatballs with mashed potatoes have become Sweden’s "national dish" in everyone’s eyes. In fact, there are many interesting food cultures and rich foods in this Nordic country.

　　No FIKA, no Sweden

　　Fika is a unique word in Sweden, which is generally used to describe the coffee break. As the third largest coffee consumer in the world, Swedes have two fixed Fika hours every day-10 am and 4 pm. During these two periods, whether office workers or students, everyone will put down their work and make themselves a cup of coffee and eat a snack.

　　There are chocolates, cakes, coconut towers, almond cakes, etc. in the dessert period of Fika, but cinnamon rolls are definitely the stars of Fika dessert industry. This sweet roll with butter, sugar and cinnamon powder is a favorite of Swedes. According to statistics, the average Swede eats 312 cinnamon rolls a year. The Swedes also designate October 4th every year as "cinnamon roll day", which shows the position of this bun in the hearts of Swedes. If you have a chance to visit Gothenburg, you must go to Café Husaren in Haga Old Town and try a cinnamon roll that is "bigger than your face". At the same time, don’t forget to order a cup of moderately roasted coffee, which is popular among Swedish people, and enjoy Fika slow time with family and friends.

　　It turns out that Swedes also love crayfish.

　　The second Thursday of August every year is the "Crayfish Festival" in Sweden. Eating crayfish is a ritual activity in Sweden. First of all, the place to eat crayfish must be outdoors and close to nature; Secondly, everyone should wear peaked party hats to create a happy atmosphere for eating shrimp. Of course, eating crayfish is indispensable for spirits. For Swedes, a bite of shrimp and a bite of wine is what a crayfish party should look like. If you think this is the whole ceremony for Swedes to eat crayfish, you are wrong, because stubborn Swedes also have a set of cooking secrets for crayfish, and Strindberg, a great Swedish writer, also described the cooking and eating methods of crayfish in his works.

　　Gothenburg, as a coastal city, is rich in sea prawns. Unlike freshwater crayfish, this kind of seawater crayfish has a long fishing period. Even if you visit Gothenburg in months other than August, you can still taste sea crayfish. Next time you come to Gothenburg, you can visit the Fish Church, which was founded in 1874, where you can buy all kinds of seafood and taste delicious snacks. If you love sunshine as much as Swedes, you must drink beer and eat seafood outdoors when the weather is fine.

　　Canned herring challenge

　　At the end of August every year, a group of "brave Swedes" gather by the stream to launch the canned herring challenge. Although smelly herring is a traditional food in Sweden, not all Swedes can accept this stinking food.

　　The canned herring in Sweden uses the small herring in the Baltic Sea. The small herring caught will be pickled and fermented in an ancient way. In the later stage of fermentation, with the accumulation of time, both ends of the can will begin to swell. In order to avoid excessive pressure and "charming" smell when opening, the can of herring must be opened underwater, which is why the challenge must be held by the stream.

　　Although smelly herring has a strong smell, its unique and exciting taste can’t be given up for those who love it. In Sweden, people will put the eviscerated herring on thin bread with butter and eat it with cooked potatoes and chopped onions.

　　Visit Gothenburg and Scenic Spots

　　As a famous Nordic city with a long history, the buildings and streets in downtown Gothenburg have a strong historical atmosphere. Compared with the Grand Palace in Stockholm, the historical buildings in Gothenburg have a unique style, which is very exquisite and simple. On the other hand, Gothenburg is an industrial city in Sweden, and the science and technology park built across the sea reflects the city’s innovative temperament to the fullest.

　　Stroll along Haga Old Street.

　　Haga Old Street is the most charming ancient block in Gothenburg. The cobblestone streets are lined with quaint wooden houses. Here, you can find design shops, antique shops, cafes and furniture stores. Many storefronts still retain the style of houses in the 19th century. No wonder some people say that walking in Haga block is like coming to a Nordic fairy tale town. If you want to buy some gifts with Swedish characteristics, you can look at Haga Tr?toffelfabrik Wooden Shoe Store on Haga Old Street. You can buy handmade wooden shoes and leather products with Nordic characteristics.

　　If you visit Gothenburg in spring, you can walk along Haga Old Street to Haga Cathedral, which is the most beautiful spring lawn in the whole city. If the sun is just right, it is better to sit on the floor like the Swedes and enjoy the bright and warm sun.

　　The largest amusement park in northern Europe

　　As the largest amusement park in northern Europe, Liseberg is the most popular tourist attraction in Sweden, and about 3 million people come here every year. At present, Risebon has 35 different amusement facilities, and there is also the largest three-dimensional cinema in Northern Europe.

　　Amusement parks plan theme activities for some festivals every year. For example, Easter in spring and Christmas in winter. Among them, the Christmas market in winter is the most popular. Hand-made jam, traditional cheese, onion herring, deer meat and other holiday products that are necessary for Christmas can be found. Many stores also offer tasting, so everyone can have a good time while playing. If you are a music lover, Risebon Amusement Park is also worth a visit. Many European and American music stars will choose to hold concerts here, and pop music, heavy metal or opera can be heard here.

　　Volvo museum

　　If you are a car enthusiast, don’t miss the Volvo Car Museum. It shows the development process of Volvo car brand in all directions. The museum’s physical exhibitions include Volvo’s first V40 car in 1972 to the newly designed model car. Here, you can also see buses, trucks and aircraft engines designed by Volvo. If you are a car history enthusiast, you can also see the entrepreneurial scenes of Volvo founders Brisson and Larsson.

　　As the birthplace of Volvo cars, you can not only visit the Volvo Museum in Gothenburg, but also experience Volvo buses at any time and feel the comfortable ride experience brought by new energy buses.

　　Lindholmen science and technology park

　　Lindholmen Science Park in Hinsingen is the most popular innovation base in Gothenburg, and well-known enterprises such as Volvo Group, Ericsson and SKF all have office buildings in the park. Different from the historical sense of the old city across the river, Lindholmen shows the enthusiasm and vitality of Gothenburg. The most eye-catching thing in the park is the library of Chalmers University. This colorful building is a representative work of new Nordic design. The exterior wall of the building can be changed in color, and the electricity of the whole building is supplied by sustainable energy.

　　If you are interested in the urban development of Gothenburg, you must visit the urban exhibition hall in the park. The sand table in the exhibition hall shows the urban development plan for the next five years, and the on-site staff will also introduce the planning concept to you in English, which is very interesting. Lindholmen Science and Technology Park has convenient transportation, the ferry to the city center runs every five minutes, and there are two expressways connecting other areas of the city.

　　Feel Gothenburg Climate

　　Gothenburg, located on the southern coast of Sweden, has a typical maritime climate. Compared with Stockholm, the capital near the north, its climate is more livable, and the winter temperature is obviously higher than that of most cities in Sweden. Gothenburg, as a coastal city, is often affected by the sea breeze, and the rainy season is long. It is recommended that you take rain gear and take precautions against wind when traveling.

　　Every year from June to September is the best tourist season in Gothenburg. At this time, Gothenburg has enough light and the daytime can reach more than 12 hours. It is a veritable "city where the sun never sets". The temperature in Gothenburg can climb to 25 degrees in summer, which is the best time to travel.

　　Walking through Gothenburg, Traffic

　　Trams, buses and ferry boats are the main means of transportation in Gothenburg. Among them, trams are the most distinctive, and many lines still have historical models that need to ring the bell to stop. Long lines and slow running are the characteristics of Gothenburg trams. Almost all the routes pass through the main roads and scenic spots in the city center. If you want to "roam" the city, trams must be the first choice. Because there are many water systems in the whole city and many islands are distributed around it, ferry boats are also the characteristic traffic in Gothenburg. When the weather is fine, the ferry is the first choice for many citizens, and everyone can fully enjoy the sea breeze and sunshine.

　　Gothenburg, located on the southern coast of Sweden, has a typical maritime climate. Compared with Stockholm, the capital near the north, its climate is more livable, and the winter temperature is obviously higher than that of most cities in Sweden. Gothenburg, as a coastal city, is often affected by the sea breeze, and the rainy season is long. It is recommended that you take rain gear and take precautions against wind when traveling.

　　Every year from June to September is the best tourist season in Gothenburg. At this time, Gothenburg has enough light and the daytime can reach more than 12 hours. It is a veritable "city where the sun never sets". The temperature in Gothenburg can climb to 25 degrees in summer, which is the best time to travel.

　　Like many European cities, Gothenburg is built near a mountain. There are many ramps in the city, and the roads are mainly gravel roads. For tourists and international students, walking and cycling are not convenient, so it is particularly important to get a bus card. There are many kinds of bus cards in Gothenburg, including three-day tickets, five-day tickets, monthly tickets and quarterly tickets. Students can also enjoy discounts with their student ID cards. For details, you can consult at large transportation hubs and convenience stores.

　　Gothenburg, a vibrant Nordic city. Here you can experience the slow-paced life in Sweden, and you can also feel the concept of sustainable development of the city. It seems that influenced by the warm ocean monsoon, people here are more open and friendly. Gothenburg, whether it is its history, its academic atmosphere or its life atmosphere, is worth your personal visit.

　　Sina’s statement: This news was reprinted from WeChat WeChat official account’s "Study Abroad Magazine". Sina. com published this article for the purpose of conveying more information, which does not mean agreeing with its views or confirming its description. The content of the article is for reference only.

　　Internship Editor: Li Xuan Editor: Zhao Runyan

　　Original title: Guangzhou Auto Show closed, welcoming 800,000 passengers for the first time. The favorable policy and other effects appeared, driving the production and sales of Guangdong automobile industry to flourish.

Guangzhou Auto Show came to an end on 26th, and the popularity in the exhibition hall was high. Nanfang Daily reporter Wang Juntao photo

　　On November 26th, the 21st Guangzhou International Automobile Exhibition, which lasted for 10 days, came to an end. The number of visitors exceeded 800,000 for the first time, reaching 847,000, an increase of 11.4% compared with 760,000 in 2019. At the same time, the organizing committee announced that the next auto show will be held from November 15th to 24th, 2024.

　　On the closing day, due to the weekend, the exhibition ushered in a peak passenger flow, and many consumers rushed to place orders. Near the end of the year, the effects of new car listing, favorable policies and promotion of car companies are gradually emerging, and the automobile circulation is more "alive" and the automobile consumption is more "prosperous", which promotes the development of the automobile industry in terms of quantity and quality and injects new vitality into the high-quality development of Guangdong.

　　Upward quality　Intelligentization drives the change of consumption concept

　　Guangzhou Auto Show is the last large-scale auto show in China this year. Around the year-end closing battle, major manufacturers have tried their best to increase terminal promotion and stimulate consumers’ enthusiasm of "buying in buy buy".

　　BYD booth, the audience jostled shoulder to shoulder. In the exhibition area on the first floor, many people got into the new car and learned more about the control details such as intelligent driving from the staff. In the negotiation area on the second floor, staff members can talk with interested consumers everywhere. "BYD just cut the price again, and now it can be shot." Zhang Yi, a prospective car owner from Shunde, Foshan, said.

　　With the accelerated transformation of automobiles to intelligence and electrification, the "wide goods" represented by BYD are favored by consumers. The data shows that BYD’s sales of new energy vehicles reached 1.86 million in 2022, and it is expected to exceed 3 million this year.

　　At the same time, in order to meet the consumer’s mentality of "buying a car to go home for the New Year", the official selling prices announced by many first-time models are lower than market expectations, even lower than the previous generation models. For example, the delivery price of Polar Star 4 released during the Guangzhou Auto Show dropped by about 50,000 yuan compared with the price displayed at the Shanghai Auto Show in April.

　　"The popularity of new energy vehicle booths is significantly higher than that of fuel vehicles, and the rise of domestic brands has triggered a change in consumption concepts." Zhou Fatao, secretary-general of Guangdong New Energy Automobile Industry Association, noticed during the exhibition that with the continuous improvement of domestic brands’ manufacturing power and strong competitiveness in vehicle design, core technology and service, the price-performance ratio of products has been steadily improved, and even differentiated competition has been formed with luxury cars. "But low price is not synonymous with low quality. The development of new energy automobile industry has been gradually scaled up, and the cost of bicycles is constantly decreasing, which has further opened up enterprises ‘ Price war ’ The space. "

　　The technological advantages of new energy vehicles are being transformed into real money orders. The pre-sale of Zhijie S7 was opened for 4 days, and it was set to exceed 10,000 units; Haobo HT36 hours orders exceeded 10,000, and the cumulative orders exceeded 30,000 units … … During the auto show, major car companies released "transcripts" one after another, showing great enthusiasm of consumers.　

　　Policy assistance　Car sales are expected to hit a new high.

　　As a mass consumption, automobile consumption is an important starting point for stabilizing the economy and promoting consumption at present.

　　Just a few days ago, the general office of the provincial government issued "Several Measures to Further Boost and Expand Consumption in Guangdong Province", and put forward a number of measures to further promote automobile consumption. For example, Guangzhou and Shenzhen further relaxed the application qualification for car purchase indicators, and this year Guangzhou increased the quota of 50,000 unplanned energy-saving fuel vehicles.

　　The introduction of a series of measures has further released the consumption potential. "Taking advantage of Guangzhou’s increase in energy-saving fuel vehicle indicators, I plan to buy a hybrid car, and I don’t have to worry about queuing for charging on the expressway when I return home." Mr. Liu from Jiujiang, Jiangxi Province went straight to GAC Toyota, and his "Heart Water" model was a hybrid version of Toyota Lei Ling.

　　During the auto show, Feng Xingya, general manager of Guangzhou Automobile Group, said that the new energy vehicle market continued to grow this year. Among them, compared with pure electric vehicles, energy-saving vehicles such as extended range and plug-in have a faster growth rate. Facing the emerging market demand, GAC has long been laid out, and energy-saving and new energy vehicles are gradually becoming a new growth point of GAC Group’s business. In the first half of the year, the penetration rate of new energy vehicles reached 20.3%, and the total penetration rate of energy-saving and new energy vehicles was 38.7%, up by 16.4 and 24.6 percentage points respectively compared with 2020.

　　The rise of energy-saving and new energy automobile industry is a microcosm of the high-quality development of Guangdong automobile industry. Driven by various consumption promotion policies, automobile marketing activities and a large number of new models, Guangdong’s automobile industry has shown a pattern of booming production and sales. According to the statistics of Guangdong Automobile Industry Association, this year is 1-mdash; In September, the production and sales of automobiles in the province were 3,558,100 and 3,504,300 respectively, up by 14.9% and 15.1% respectively.

　　After years of continuous decline, car sales are expected to rebound and hit a new high this year. China automobile dealers association predicted that with the "Double Eleven" activities and the year-end sales of car companies and dealers in December, the domestic retail sales of passenger cars in 2023 is expected to be close to 22 million, achieving a 5% growth.

　　Lin Jiang, a professor of economics at Lingnan College of Sun Yat-sen University, said that domestic brands seized opportunities such as intelligence and electrification in the changing situation, and let the outside world see the resilience and charm of Guangdong’s automobile industry. At the same time, good products, in turn, further promote automobile circulation and expand automobile consumption. The supply side and the demand side simultaneously exert their strength, influence each other and promote each other, which is of great significance for Guangdong to adhere to the manufacturing industry as the master and promote high-quality development. (Nanfang Daily reporter Yan Xiaoping Wei Yuquan)

On May 29th, Chery Automobile announced that TIGGO Tiggo 9 will be listed globally on May 30th.

IT House obtained from the official that the length, width and height of Tiggo 9 are 4820×1930×1699mm respectively, and the wheelbase is 2820mm；; Equipped with height-adjustable electric LED headlights, two-color suspended roof, hidden door handle and penetrating taillights at the tail.

The new car is equipped with a 24.6-inch curved screen, a 50-inch AR-HUD, 14 speakers, a C-PURE Chery net cubic green cockpit, NAPA textured seats, 84 stepless adjustment of leg rest and 123 adjustable backrest. Equipped with L2.9 intelligent driving assistance system, it has 21 basic ADAS functions and 11 advanced intelligent driving functions, and supports automatic adjustment of cruising speed and automatic parking service.

Tiggo 9 is equipped with Kunpeng Power 400T+7DCT/Aisin 8AT power combination, with the maximum power of 192kW and the maximum torque of 400N?m, and the fuel consumption of WLTC under comprehensive working conditions is 7.5L.

[car home Dezhou Preferential Promotion Channel] Good news! Good news! There is a promotion going on, and now you can enjoy a discount of up to 17,000! This is a very cost-effective SUV with a minimum starting price of only 109,900. If you are interested in this model, don’t miss this excellent car purchase opportunity. Please click "Check the car price" in the quotation form, and strive for a higher discount. Act quickly!

Tiggo 8 PLUS is a stylish and dynamic SUV model. Its front face design uses a large area of chrome decoration and sharp lines, showing a strong sense of domineering. The air intake grille adopts multi-layer design, which is not only beautiful and atmospheric, but also can effectively improve the aerodynamic performance of vehicles. The overall lines of the car body are smooth and have a strong sense of lines. Together with the smooth roof lines and tough side lines of the car body, it creates a stable and agile overall style. At the same time, the car also uses high-tech configurations such as LED headlights and fog lights to make the whole front look more fashionable and dynamic. Generally speaking, the design of Tiggo 8 PLUS is simple, stylish and dynamic, and people can be attracted by its unique appearance at a glance.

Tiggo 8 PLUS is a medium-sized SUV with a body size of 4722*1860*1745mm, a wheelbase of 2710mm, a front track of 1582mm and a rear track of 1604 mm.. The body lines are smooth, and the side lines are simple and dynamic, showing the fashion atmosphere of Tiggo 8 PLUS. In terms of tires, the front and rear tyre size are both 235/55 R18, and the rim design is fashionable, which is more exquisite with the whole vehicle.

The interior design of Tiggo 8 PLUS is fashionable and atmospheric, focusing on comfort and practicality. The steering wheel is made of leather material, which feels comfortable and supports manual adjustment up and down and back and forth. The central control screen has a size of 12.3 inches, supports voice recognition control system, and can control functions such as multimedia, navigation, telephone, air conditioning and skylight. The seat is made of imitation leather. The main seat supports front-back adjustment, backrest adjustment and height adjustment (2-way), and the auxiliary seat also supports front-back adjustment and backrest adjustment. The second row of seats supports front and rear adjustment and backrest adjustment, and the rear seats are in the form of proportional reclining. In addition, the front row is equipped with three USB/Type-C interfaces, and the rear row is equipped with one USB/Type-C interface, which is convenient for users to charge and connect devices. These design details make the interior of the Tiggo 8 PLUS more comfortable and practical, providing a better car experience for drivers and passengers.

The Tiggo 8 PLUS is powered by a 1.6T 197 HP L4 engine with a maximum power of 145 kW and a maximum torque of 290 N m.. The engine adopts advanced turbocharging technology, which can provide excellent power performance and acceleration performance. With the 7-speed wet dual-clutch gearbox, the shift is smooth and rapid, and the driving experience is more comfortable. At the same time, the engine also has the characteristics of high efficiency and energy saving, which can bring more economical and practical driving experience to the owner. Whether it is a daily commute or a long-distance trip, the Tiggo 8 PLUS can meet the driver’s demand for power performance and fuel economy.

Tiggo 8 PLUS is an SUV model that is loved by car owners. It not only has unique charm in appearance design, but also has a good performance in performance. The owner of car home said that he likes the front face design of this car very much, which is full, exquisite and atmospheric, and the dignified and strong shape is very suitable for men to drive. From these word-of-mouth evaluations, it can be seen that the Tiggo 8 PLUS has successfully attracted the attention and love of many young car owners and has become one of the highly sought-after models in the market. I believe that in the future, Tiggo 8 PLUS will continue to carry forward its outstanding performance, bring more comfortable, safe and intelligent driving experience to car owners, and become a better SUV model.

How much blood relationship does Geely Link have with Volvo? This question has been a tacit question since Geely bought Volvo passenger cars. In recent years, Geely seems to emphasize the "kinship" with Volvo more and more in product announcement, such as the CMA platform and DriveE powertrain used by Xingrui (parameter picture), Xingyue L, Lectra 01 and other models.

But in the user’s mind, after all, it is still powershift, and it may be a bit far-fetched to say that Xingyue L is the replacement of XC60. And this Lingke 09 from SPA platform, which will be listed in the fourth quarter, can undoubtedly say with confidence: I am the shell replacement of XC90.

We don’t need to say much about the internal and external design, materials and intelligent configuration of the Lectra 09. Everyone can see these things. As the flagship of Lectra, Geely will never let us down in this respect. Today, we will focus on talking about what unique attributes Volvo SPA platform has given Link 09 in three major areas.

Volvo SPA Extensible Architecture Technology

Volvo SPA scalable architecture technology was first applied on XC90, and it was also from the new generation XC90(2015 model) that Volvo began to fully expand the diversified powertrain of Drive E series. In fact, the platform only gave birth to Volvo’s mid-to high-end SUVs, cars and station wagons, which laid the unique positioning of the brand flagship from the bloodline.

Drive E powertrain: inverted layout, compatible with exhaust gas turbine+mechanical pressurization.

Of course, the powertrain is the first to bear the brunt. In fact, this is not the first of the Lectra 09. The active Xingrui, Xingyue, Lectra 01, etc. are all "stealing" from Volvo in a large area, including this Drive E engine that originated from the SPA platform, but it has always been a T-series version.

48V light mixing system (BMW)

According to the official introduction, the 2.0T+8AT powertrain used in the fuel version of Lectra 09, like the new XC90 and XC60, adds a 48V light mixing system, which is a serious "B series" Drive E. The author has always insisted that the 48V light mixing based on the radial flux motor (BSG) motor is of little significance to fuel economy, but at least in hardware, the Lectra 09 is really a complete replica of the Volvo XC90.

In addition, the Lectra 09 continues to offer a 2.0T plug-in hybrid version, which also "steals" Volvo, and uses the Drive E series T8 power system with a high probability to provide power for the rear wheels through the P4 bridge. However, the official has not released the specific data for the time being, and it is not clear whether its front axle uses a 2.0T T6 engine (turbo+mechanical double pressurization).

The front/rear independent T8 system can only be mixed.

The 2.0T hybrid version of petrol-electric vehicle is a new gadget created by Lectra 09. Volvo T8 plug-in hybrid system can’t be "magic change" into a hybrid system of petrol-electric vehicle, because the P4 bridge is not in P2 layout, and the front/rear axle power systems do not interfere with each other, so it is impossible to achieve effective electromechanical coupling, which is essentially different from Toyota THS and BYD DM-I.

Aisin 8AT is not compatible with P2 oil-electricity hybrid.

In fact, the announcement for the hybrid version of Lectra 09 only emphasized the 2.0T engine, and kept silent about the Aisin 8AT transmission. The core reason is that the horizontal Aisin 8AT is not compatible with the P2 hybrid module at all. With the current technical reserve of Geely Volvo, it is impossible to build a planetary gear transmission with integrated motors in a short time. Personally, I guess that the hybrid version of Lectra 09 will probably use a 7-speed powershift with P2 layout.

The blade spring rear damping of XC90

Link 09 rear suspension

Finally, the chassis system, which is the most significant difference between SPA and CMA, is also the original creation of Volvo. XC90, S90 and Lectra 09, which originated from SPA platform, all use lightweight aluminum alloy lower swing arm, and are equipped with the combination of leaf spring and damping shock absorber. This thing has the function of a stabilizer bar, and it may be that Lectra 09 will also make a version of an air shock absorber.

● Summary:

As the flagship SUV of the Lectra brand, Geely Automobile really invested heavily in this Lectra 09, which not only inherited the original power chassis system of XC90, but also introduced a more compatible hybrid version of oil and electricity from more innovative. These are the core technologies that are not available in Xingrui and Xingyue of CMA platform.

From the user’s point of view, the Lectra 09 is a medium and large SUV with 6 seats /7 seats, and its price is likely to be controlled at around 300,000, regardless of the hard power of the three pieces or the static experience of the product. Isn’t this thing better than Toyota Highlander and Volkswagen at the same price?

Original title: 2018 World Artificial Intelligence Conference launched a high-end dialogue on smart cities, and provinces and cities accelerated the construction of pilot cities | Smart City Weekly

On September 18th, the 2018 World Artificial Intelligence Conference and Edge Intelligence Theme Forum was held in Shanghai. The theme of the forum was "Edge Computing, Smart Future" and it was one of the important theme forums of the 2018 World Artificial Intelligence Conference.

Yu Kai, founder and CEO of Horizon, stressed in his speech that human beings are moving from the era of big data to the era of big computing, and the trend of edge computing is the result of the global Internet technology trend "long-term integration and long-term separation".

"In the PC era, all calculations are on computers, not local calculations. With the development of the Internet, data is increasingly transferred to the cloud and the center, and computing is slowly concentrated from the edge to the cloud. From the beginning of the mobile Internet to the arrival of the Internet of Things era, we have gradually seen another trend-more computing has migrated from the center to the edge. "

At the same time, he also predicted that by 2025, the computing power that every thousand dollars can buy is equivalent to 1000 T, which is enough to support the computing needs of five-level driverless driving. If we continue to develop the matching software system based on this, it is predicted that by 2030, the real five-level unmanned driving will become possible. The interesting thing about the technological trend is that the computing power of 1000 T’s is just equal to that of human brain, which is also a development result worth pondering. (Source: Lei Feng Net)

Shenzhen-Shantou Special Cooperation Zone may become a pilot project for the construction of smart cities.

As the "10+1" zone in Shenzhen, the Shenzhen-Shantou Special Cooperation Zone has always been concerned by the outside world. At the two sessions of Guangdong Province held at the beginning of this year, the Guangdong Provincial Committee of the Agricultural Workers’ Party put forward the Proposal on Accelerating the Integrated Development of Shenzhen-Shantou Special Cooperation Zone and Shenzhen. The reporter was informed that the Shenzhen Municipal Government recently responded to the proposal, revealing that it will speed up the establishment of a rapid transportation network in Shenzhen and Shantou, and create an innovative experimental zone in the "enclave" of the cooperation zone in the fields of smart city construction, marine management, talent management and institutional reform, so as to promote the integrated development of the "10+1" zone and Shenzhen.

It is understood that according to the "Adjustment Plan of System and Mechanism of Shenzhen-Shantou Special Cooperation Zone" approved by the Guangdong Provincial Party Committee and the provincial government, it clearly supports the recent construction of a high-speed railway with a speed of 350 kilometers per hour in the Shenzhen-Shenzhen special cooperation zone (hereinafter referred to as "Shenzhen-Shantou Railway"). In its reply, the municipal government revealed that Shenzhen has proposed the Shenzhen-Shantou Railway Station (Xili-Pingshan-Huizhou-Cooperation Zone, which connects with the Guangzhou-Shantou Railway at the Shenzhen-Shantou Station in the Cooperation Zone). The initial planned length of the line is about 130 kilometers, and the investment is estimated at 23.5 billion yuan. At present, the Provincial Development and Reform Commission has entrusted the design unit to carry out the pre-feasibility study of the project. (Source: Shenzhen Business Daily)

The automatic parking service technology jointly developed by Daimler and Bosch is based on the L4 stage of automatic driving, but it has little requirements for the whole vehicle and sensors, so it is a black technology with universal value. To some extent, Bosch, as a supplier, will be the biggest beneficiary, but Mercedes-Benz must be the leader of this technology.

Chen Ming, president of Bosch Intelligent Networking Division in China, said: "The automatic parking service technology jointly developed by Bosch and Daimler is another effort made by both parties towards intelligent and connected transportation in the future. This new technology will make traditional manual parking a thing of the past, helping drivers save parking time and relieve anxiety. "

It is worth noting that this technology has low requirements on the vehicle itself and sensors, which on the one hand reduces the use cost of the owner, and consumers do not need to pay for too many sensors. On the other hand, it is more convenient to calculate when multiple vehicles use the automatic parking service system at the same time, so as to reduce the accident probability. (Source: Travel Finance)

On September 12th, the unveiling ceremony of the Key Laboratory of Smart City Modeling, Simulation and Intelligent Technology of China Electric Power Branch and the first meeting of the academic committee were held in the Wisdom Institute, marking the official establishment of the Key Laboratory of Smart City Modeling, Simulation and Intelligent Technology of China Electronics Technology Group Co., Ltd. This is another important achievement in the construction of a new smart city in China Electric Examination Banner.

Relying on the construction and operation of Smart City Modeling, Simulation and Intelligent Technology Laboratory of China Electric Power Department, facing the great demand of the country and the group in the field of new smart city construction and management services, aiming at leading the future urban development concept, driving the application of urban data fusion and improving the application level of urban wisdom, the key laboratory conducts new concept research, new technology research and new application transformation around the two major directions of urban modeling, simulation and urban intelligent technology, and strives to build a city-level simulation deduction platform and a perception and cognition platform to support the formation and promotion of "urban hub".

The Key Laboratory consists of the Urban Modeling and Simulation Research Center and the Urban Intelligent Technology Research Center. It has a professional research team of nearly 30 people, bringing together talents from many disciplines in smart cities. The overall research team has a reasonable structure, clear levels and certain innovation ability. In terms of scientific research projects, the laboratory participated in the national key R&D plan, the National Natural Science Foundation of China, the special action of the new generation artificial intelligence of China Electric Power Department, the science and technology application demonstration of Shenzhen Science and Technology Commission, and the open fund project of big data national engineering laboratory, etc. In terms of practical exploration, the laboratory participated in the smart city planning of xiong’an new area through the group, and studied and practiced the smart community construction, smart transportation construction and government big data analysis in Futian, Shenzhen, striving to practice the concept of "city laboratory". (Source: National Bureau of Science, Technology and Industry for National Defense)

On September 17, Siemens signed an agreement with Jiangsu Wisdom Xinwu Information Technology Co., Ltd. under the witness of the leaders of Wuxi Xinwu District to cooperate in the field of smart cities. According to the agreement, Siemens plans to provide 100 embedded urban IOT terminals (ECB) for Wuxi Xinwu District within five years, which will be used to collect urban data, sense the basic environment and traffic flow. In addition, Siemens also participated in the "2018 World Internet of Things Expo" held in Wuxi from September 15 to 18, and exhibited its advanced technology in the fields of industrial Internet of Things and urban Internet of Things.

"Siemens is committed to providing digital solutions for the sustainable development of cities, with a complete IoT business model from consulting, hardware implementation, data analysis to industrial cloud." Dr. Zhu Xiaoxun, Executive Vice President of Siemens (China) Co., Ltd. and Dean of Siemens China Research Institute, said, "With advanced intelligent sensing and edge computing technology, Siemens will actively integrate into Wuxi’s urban construction in the field of Internet of Things to help Wuxi become a world-class smart city." (Source: Sohu Technology)

Recently, Ant Financial launched the "Digital Economy China Tour internet plus Public Transport Visit", and took the No.113 bus in Hangzhou, from Rainbow City Station to Baby Lane Station, which was 14 minutes faster than taking the subway under normal driving conditions; At the subway station of Shanghai South Railway Station, users can not only use Metro Metropolitan APP to scan the code for payment, but also use voice to purchase tickets.

Support buses and subways to achieve smart travel. Ant Financial uses big data to reconstruct bus operation capabilities, realize two-way interaction with users, and realize digital travel in smart cities.

Jin Tao, director of Shanghai Shentong Metro Group Rail Transit Information Management Center, said that Ali and Ant Financial helped Shanghai Metro successfully resolve two super cyber attacks. Non-inductive payment and palm recognition are the research directions of the two sides on the future payment methods of public transportation. Metro Metropolitan APP will be combined with cloud ticketing to provide passengers with a variety of payment channels to use at will and improve services. For Shanghai Metro, Metro Metropolis APP is the entrance to urban life, which means changing "passengers" into "users", changing "subway ride" into "Internet travel" and upgrading subway service into "O2O life". It is reported that Shanghai Metro is working with some bicycle companies to study the Internet travel mode and the co-governance of bicycle environment around subway stations. It is expected to take the lead in realizing the demonstration operation of subways and bicycles before the opening of the first China International Import Expo by using Metro Metropolitan APP. (Source: Xinhuanet)

On the morning of September 18th, the 2018 World Artificial Intelligence Conference launched a high-end dialogue on international smart cities. City representatives from all over the world spoke freely, shared successful experiences, discussed the trend of global cooperation, and looked forward to the bright future of smart city construction.

How many elements does a smart city need? Wu Zhiqiang, academician of China Academy of Engineering and vice president of Tongji University, summed up four "meetings". He pointed out that smart cities should be able to perceive, judge, reflect and learn. Smart cities should serve people and people’s urban life, such as medical care, schooling, employment, transportation, culture, etc.-everyone should participate and serve. (Source: Dongfang. com)

Recently, the second Beijing-Tianjin-Hebei Service Outsourcing Collaborative Development Forum "Smart City and the Development of Main Urban Area" sub-forum was held in arcadia Hotel. The purpose of this forum is to publicize and promote the new image of the investment environment in the harbor area, boost the new engine of industrial development in the harbor area, discuss new opportunities for service outsourcing development with more than 100 business representatives, discuss friendship and discuss cooperation.

Feng Guolin, member of the Standing Committee of the Municipal Party Committee and Secretary of the District Party Committee, attended the event and delivered a speech.

Chen Yanbao, deputy director of the Provincial Department of Commerce, and Feng Zhiyong, deputy mayor, attended the signing ceremony, and Yin Hong, member of the Standing Committee of the District Party Committee and executive deputy head of the district, attended the event.

During the activity, the guests watched the propaganda film "Rhyme of the Harbor" together. Tian Xueqing, member of the Standing Committee of the District Party Committee and deputy head of the district, signed strategic cooperation agreements with representatives of Petrochemical Yingke Information Technology Co., Ltd., Beijing Aerospace Titan Technology Co., Ltd. and Beijing Jinshan Safety Management System Technology Co., Ltd. on behalf of the people’s government of Haigang District. Hebei Softcom Power Information Technology Co., Ltd. signed a cooperation agreement with Yanshan University National University Science Park. (Source: Hebei Provincial People’s Government website)

Recently, the public service version of urban brain and intelligent transportation jointly launched by Gaode Map and Alibaba Cloud was unveiled at the 2018 Hangzhou Yunqi Conference. Dong Zhenning, vice president of Gaode Map, said at the conference that the urban brain aims to achieve the optimization of urban traffic efficiency through the "Tao" of wisdom and the "technique" of calculation, so as to achieve a beautiful vision of smart traffic life.

At the same time, in addition, Gaode Map announced the driving behavior risk index for the first time at the Yunqi Conference. In the future, the index will be applied to urban brain-smart transportation to serve road traffic safety.

At present, the urban brain faces difficulties and challenges in data aggregation, fusion and calculation, and it encounters bottlenecks in achieving accurate management and control. Mainly manifested in: there are defects in data quality, and the signal control system that has been developed for nearly 30 years still has shortcomings and deficiencies in traffic flow collection; The storage computing power needs to be solved urgently, which is manifested in the lack of ability to store the returned unstructured image data and calculate it effectively; The wisdom of data engineers, traffic management business backbones, traffic engineering basic theory and application experts needs to be integrated urgently, so that the developed algorithm can be put into practical application. (Source: techweb)

During the World Artificial Intelligence Conference in Shanghai, Horizon, an artificial intelligence startup with embedded artificial intelligence technology, announced that it had settled in Shanghai Lingang and formally signed a contract with Shanghai Lingang Development and Construction Management Committee.

According to reports, Shanghai is one of the most modern cities in China, and the richness of application scenarios and the demand for intelligence are at the forefront of big cities. Horizon firmly believes that the application scenario of artificial intelligence processor has broad prospects in Shanghai. Previously, Horizon has participated in the Lingang Haichang Park project to help the comprehensive management of smart security, intelligent transportation and smart cities.

When it settled in Lingang this time, Horizon expressed its hope to promote the landing of artificial intelligence in various application scenarios in Lingang through AI underlying computing, and further promote the landing application of edge computing in the field of urban intelligence. (Source: Netease Intelligence)

Recently, sponsored by Chengdu Municipal People’s Government, Chengdu Investment Promotion Committee and jinniu district Municipal People’s Government jointly hosted the "New Economy and New Kinetic Energy" Chengdu Smart City Development Investment Promotion Conference, which was held in Chengdu. Representatives from more than 80 well-known new economic enterprises and financial institutions from all over the country gathered together to seek opportunities for cooperation and create a better future.

The meeting also held a centralized signing ceremony for major projects, and the Sri Lankan Investment Promotion Office in China officially signed a contract to settle in jinniu district, which will build a bridge between Chengdu, China and South Asia to develop economy and trade, further strengthen the economic and trade exchanges between Jinniu and South Asia, and in the future, Jinniu will cooperate more closely with South Asia to write a new chapter in the international trade of Jinniu South Asia.

In addition, seven major industrial projects, such as Moban Science and Technology West Operation Center Project, Tiantie Industrial West Operation Center Project, Shanyouke New Retail Project and Zotye Time-sharing West Operation Center Project, have been signed with the jinniu district Municipal Government, with a total investment of 6.1 billion yuan. (Source: People’s Daily Online)

On the morning of September 20th, the press conference of the smart life convenience service platform "Nehe on the Code" was officially launched.

The project of "Nehe River in Code" is an Internet-based reform that benefits urban and rural social public services. Through the cooperation with Qiqihar Branch of China Construction Bank, the online business of government services and public services can be realized, which can make people run less errands and more data, and make enterprises and people more convenient, faster and more efficient. "Nehe on the Code" will also be stationed in various businesses covering cities and villages such as catering and retail, and create an integrated Internet business circle for local businesses to facilitate people’s lives. At the same time, it will also build a credit integrity system integrating urban and rural areas, and develop HP financial services such as credit loans and credit purchases.

The "Nehe River on the Code" project includes four business segments: smart government service, smart public service, smart business service and smart financial service. The "Nehe River on the Code" project was launched in three phases. On September 15, 2018, six businesses in the first phase of the "Nehe on the Code" project, such as collecting party fees, China Unicom, mobile phone bills, traffic violation fines and kindergarten fees, were officially put into operation. It marks the official operation of the "Nehe River on the Code" project. (Source: People’s Daily Online)

On September 20th, China’s first comprehensive exposition with the theme of digital economy-"2018 International Digital Economy Expo" officially kicked off in Shijiazhuang. As one of the important activities of this Expo, the "2018 Smart City and Digital Economy Summit" attracted more than 500 participants. Focusing on the theme of "gathering industrial ecology and sharing the future of the city", this summit invited representatives from government, production, learning and research institutions.

Ma Shujie, Secretary-General of China Smart City Industry and Technology Innovation Strategic Alliance, Ye Yuping, Member of China Digital Economy committee of 100, Dean of Softcom Power Innovation Research Institute, Yao Jiankui, Chief Engineer of Huawei BG China Smart City Research Institute, Wei Yongsen, Chief Technology Officer of Inspur Group Smart City Research Institute, Liang Manchun, Assistant Dean of Tsinghua University Public Security Research Institute, Yin Qinghua, Vice President of Taihua Smart Industry Group, Weng Nandao, Chairman of Ego Group and other expert leaders attended the forum. (Source: Great Wall Network)

The launch conference of "Changde Express Loan" was held in Changde City, Hunan Province. Chen Huiqing, member of the Standing Committee of Changde Municipal Committee and executive deputy mayor, Li Qin, director of Hunan Rural Credit Union, Tang Xixin, party secretary and director of Changde E-government Office, Lu Hua, chairman of Changde Rural Commercial Bank, and Zhang Youguo, senior vice president of Iflytek Co., Ltd. and other leaders attended the conference. More than 300 people attended the conference, including the Finance Office of Changde Municipal Government, the Municipal Development and Reform Commission, the Municipal Economic and Information Committee, Changde Central Branch of the People’s Bank of China, Changde Banking Supervision Branch, heads of district governments and news media.

"Changde Express Loan" has made remarkable achievements since its trial operation on August 8. As of September 19th, "Changde Express Loan" has received loan applications from 20,085 customers, with a total signed credit of 481.71 million yuan and a total credit of 202.06 million yuan. Among the 20085 applicants, there are 11428, accounting for 56.89%. 1552 small and micro customers, accounting for 7.73%; There are 7,105 public officials, private enterprise employees and VIP customers, accounting for 35.38%. The success of "Changde Quick Loan" has also promoted the innovation of smart city applications such as "My Changde" and government big data, and achieved the synergistic effect of "1+1+1>3". (Source: People’s Daily Online)

　　China’s rapidly rising new car-making companies are in the fiercest market competition, which makes them more motivated to seek rapid landing in the capital market. The latest one is Krypton, which has just been established for two years.

　　If the IPO is successful, Krypton will be the fastest start-up car company established and listed. At present, the China Securities Regulatory Commission has confirmed the filing information of Krypton’s listing outside the United States, and Krypton also started a roadshow three weeks ago to test investors’ reaction.

　　If it goes well, this IPO with a financing scale of over US$ 1 billion will become the largest IPO of China companies in the United States since Didi raised US$ 4.4 billion in mid-2021.

　　A number of investors told the interface news that there is a great possibility of successful listing.Even when the capital is the most active, it takes the shortest time to build a car.It also took four years.

　　A person close to the investor of Krypton roadshow told the interface news that Krypton has not yet negotiated with domestic and Hong Kong investment institutions, and the focus is still on overseas investors. As of the beginning of September, Krypton has held water testing meetings with some investment institutions in Singapore and Europe.

　　Judging from the preliminary negotiation results, Krypton hopes to get a valuation of $18 billion, which is equivalent to the current US stock market value of Auto, whose latest market value has reached $18.274 billion.

　　Several industry investors told Interface News that this valuation was higher than expected. For reference, the acquisition of shares of Volkswagen GroupThe latest market value after the stock price soared was $15.8 billion. In February this year, the post-investment valuation of Krypton Pre-A financing was $13 billion.

　　Considering that it is still in the early stage of intentional communication, there will still be room for downward adjustment in the offer to investors.

　　In recent years, more and more traditional automobile manufacturers in China have established brand-new electric brands, launched independent teams and new products equipped with the latest technology. They are eager to occupy the global pure electric vehicle market and pursue success in the long-term capital market.

　　Extreme krypton isIts pure electric brand is also one of the new brands of traditional automobile companies that are closest to IPO at present. At the same time, it is reported that Ai ‘an, a sub-brand of GAC, may be listed before the end of the year.

　　Krypton is likely to become another China automobile company to land in the US stock market. It has been three years since Tucki was successfully listed on the NYSE, and it is the last new China car-making force to land on the US stock market.

　　It must be admitted that at present, Krypton wants to get a market valuation equivalent to the next "Wei Xiaoli", and the difficulty coefficient doubles.The environment in which it is listed in the US stock market is completely different from the active period of the capital market, and the enthusiasm of investors for the reform of the automobile industry has gradually cooled down.

　　The craze for China companies to go public in the United States began in the 1990s, and the China electric vehicle startup "Wei Xiaoli" with Internet genes also relied on the east wind at that time.After ringing the bell, it gradually grew into China’s headCar company.

　　This close capital cooperation relationship between China and the United States changed at the end of 2020. Subject to enhanced regulatory review, extremely high inflation and risingIn the past two years, the number of Chinese stocks listed on the US stock market and the scale of fund-raising have dropped sharply.

　　The closure of the listing window in the United States has limited the financing of some start-up electric vehicle brands to some extent, but it has not prevented the China automobile industry from completing the alternation of the old and new order. At present, about one car in every three cars sold in China is a car, except for thisExcept, all the other best-selling models are China brands.

　　The new force of making cars is no longer the only protagonist in the automobile market. Traditional automobile manufacturers in China have hatched brand-new electric brands one after another, and participated in the competition with the mentality and urgency of start-up companies and the talent structure similar to that of technology companies.

　　These new energy sub-brands also hope to win the favor of investors. This can not only ensure that it has sufficient funds to cope with the subsequent market competition, but also reduce the cost burden of the parent company in the transformation of new energy.

　　After the financing fever of electric vehicle start-ups peaked in 2021, the Federal Reserve continued to raise interest rates to fight inflation in 2022, and the borrowing cost rose sharply. Wall StreetIssuance, bond financing and corporate merger have all slowed down to almost exhaustion.

　　Although the rising cost of capital is also impacting speculative enterprises in other fields, capital-intensive electric vehicle startups have been hit harder.

　　The cost of establishing a new automobile manufacturing enterprise is high in the early stage, and it will take several years to make a profit. Investors are willing to pay a premium for potential high returns in the era of hot money, but those days are gone forever.

　　Investment bankers, lawyers and investors believe that although there have been signs of recovery this year and the market has gradually rebounded, it is unlikely that the US IPO market will return to the level of 2020 and 2021. Start-ups need to re-adapt to the new investor mentality, that is, pay attention to the potential of start-ups to achieve profitability, rather than the ability to achieve rapid growth.

　　Gui Lingfeng, director of Kearney Consulting, told Interface News that the US capital market still has reservations about emerging projects such as China Stock Exchange, including Krypton, and vehicle manufacturers that only provide pure electric vehicles.

　　"The layout of Krypton in Europe is not easy, especially in German-speaking areas. The core is to enhance the sense of existence in front of overseas investors as soon as possible. From this perspective, they themselves realize that overseas investors are more conservative about their own business models, products and prospects. "

　　Judging from the valuation model, Krypton is still regarded by investors as a technology-based enterprise, not a traditional automobile manufacturer.An industry insider who asked for anonymity pointed out in an interview with Interface News that the current valuation of krypton in the industry is based on 2 to 3 times the sales rate.

　　"From the perspective of open market information, the sales rate of 2 to 3 times has actually been placed in the’ first echelon’, and the valuation prospects are more promising." After the extrusion of the high valuation bubble, the marketing rate of "Wei Xiaoli" has also dropped from the high level of more than 20 times in the past to 2 to 4 times.

　　In contrast, the median sales-to-sales ratio of auto companies listed in the US stock market is 0.81. Traditional automobile manufacturers Toyota, Honda, Stellantis and Krypton’s parent company all have sales rates below 1 times.

　　Market-to-sales ratio (PS) is often used to measure the valuation of unprofitable high-growth start-ups, which refers to how much investors are willing to pay for the company’s revenue of one yuan.

　　For the unprofitable extreme krypton and new car-making forces, the core of investors’ evaluation of market value is not the income from car sales, but largely depends on the future software charges with higher marginal benefits, technology output and imaginative autonomous driving market prospects.

　　The particularity of Krypton lies in that it is a China electric vehicle brand that is separated from the traditional automobile company and seeks independent listing.Although the capital market prefers completely independent new brands without burdens, relying on it, Krypton will amortize the platform R&D investment and capital expenditure together with other Geely brands. This is an extremely advantageous advantage, or let the polar krypton present.The data is optimistic.

　　It is worth noting that Geely Group has the largest number of sub-brands in the world.

　　"Investors will look at it rationally, and whether the R&D and supply and procurement costs of extreme krypton can be reflected in the gross profit of the financial report through the scale advantage of Geely Automobile.Statistically. "

　　Gui Lingfeng told the interface news, including how exclusive the vast architecture of SEA can be, and the strategic investors.How much support is given to Krypton will affect the final valuation of Krypton.

　　If Krypton chooses to postpone its listing for one to two years, it will be more likely to obtain a larger financing amount and valuation.The above-mentioned insiders believe that as the Fed starts to cut interest rates again in the next 1-2 years, it will drive the secondary market to increase its enthusiasm. From the market fundamentals, the volatility of the US stock market declined, inflation eased, and investors began to speculate again.

　　Considering its own financial situation and subsequent development, Krypton hopes to seize the market recovery period as soon as possible and rebound with the market trend.In the first half of this year, the net loss of krypton reached 809 million yuan, which continued to expand compared with the loss of 759 million yuan in the same period of last year. From the construction of offline channels to the completion of the cockpit and the short board of intelligent driving, it is necessary to continue to invest money.

　　Including from within Geely Group, there is a growing demand for Krypton’s self-financing and independence. Due to the pressure on profitability in the early stage of new energy transformation and the related investment in the start-up business of extremely high-end smart electric vehicles, global rating agenciesandThe credit outlook of Geely Holding Company and Geely Automobile has been adjusted from stable to negative.

　　During the quiet period of the capital market, many start-ups were forced to do things that seemed unimaginable two years ago: continue to reduce costs and increase efficiency, with profitability as the core benchmark. Some start-ups that failed to get external financing support in time, with the passage of time, their cash reserves are decreasing day by day, and eventually they will go bankrupt or be acquired.

　　Compared with the competition for customers, automobile manufacturing is more a competition for capital, especially in the initial stage.Compared with other traditional automobile companies’ sub-brands, Krypton is one of the few companies that have the mature conditions for listing.

　　At present, Krypton has initially taken shape. Last year, the annual sales volume of 70,000 single-model vehicles was enough to tell the next story to the capital market. the year of 2020At the time of listing, the annual delivery volume was 32,600 vehicles.

　　Another factor that is easily overlooked is that Geely Automobile, the parent company, may be the most adept at capital operation in China, and its experience in dealing with foreign investment institutions for many years has laid the foundation for the listing of US stocks today. Krypton considered Hong Kong as the first listing place, but finally chose new york, which also reflected its confidence and ambition-hoping to get a higher valuation in the world’s largest capital market.

　　In 2010, Geely Automobile succeeded fromThe acquisition of Volvo in the hands staged a classic of "snake swallowing elephant" in the history of automobiles.The case also made Geely Automobile go to the world. After that, the investment portfolio of Li Shufu, chairman of Geely Holding Group, also includes a part of the equity of aston martin, a sports car brand, and a dominant interest in electric vehicle start-up brands such as Polar Star and Lotus Technology.

　　Before the successful listing of Krypton, Li Shufu had been listed for several subsidiaries in the past two years. Volvo in Stockholm, Sweden in 2021The exchange made a public offering, followed by Polar Star and Yijiatong. Lotus Technology also reported this year that it will be listed on the US stock market through SPAC.

　　The investment institutions involved in the above-mentioned listing actions are very likely to appear in the extremely kryptonian investor list. Thanks to the close contact between the parent company and global investment institutions, Krypton at least does not need to introduce where he comes from when negotiating with foreign investors.

　　Some people commented to the interface news that Geely Automobile will not make an uncertain listing plan. Except for the listing of ants in 2021, Geely Automobile withdrew its listing in science and technology innovation board, and all other listing targets were successfully achieved.

　　Investors’ concern about Krypton is how to achieve the goal of selling 650,000 vehicles in 2025 while ensuring their independence.In investment, platform sharing andandIn terms of the supply of scarce parts, there will inevitably be conflicts of interest between Krypton and other high-end electric vehicle brands under Geely.

　　Extreme Krypton, Volvo, Polar Star, Lotus Technology and Geely andThe jointly launched Extreme Vietnam is striving for the same customers, and some of the models they developed are based on the common vast SEA architecture, and even some models are produced in parallel.

　　The Wall Street Journal quoted investor analysis as saying that Geely Automobile’s listing of its subsidiary, rather than the holding company itself, may make the governance challenge of brand competition more difficult: any hint that Li Shufu prefers a subsidiary is a minority.Will be very important for everyone.

　　Nowadays, the price of new energy vehicles is the same as that of fuel vehicles, and it is inevitable that new energy will grab the share of fuel vehicles. Take the medium-sized and large SUV with a budget of 300,000-400,000 yuan. Do you want to increase the program, or the pure fuel version of Ford? Both cars have a body exceeding 5 meters, and the whole department has a 6-seat design. Explorers have 6 seats and 7 seats to choose from. The guide prices of M7 and 2023 explorers are 319,800-379,800 yuan and 309,800-379,800 yuan respectively.

　　Space: The third row of explorers is slightly more spacious than the M7.

　　In terms of sales volume, there were 1,100 vehicles sold in the market in July, while in August, the total sales volume of the entire customer M5 and M7 reached 10,045 vehicles, and the effective orders of the customer M7 so far exceeded 50,000 vehicles. Looking at the explorers, in the first eight months of this year, the total sales volume was 8964 vehicles, and the average monthly sales volume exceeded 1000 vehicles. From the current point of view, the monthly sales of the M7 and the Explorer are similar, but what about the future? The market will give the answer!

　　From the product itself, both the Explorer and the Quest M7 are medium and large SUVs with similar body sizes, but the Explorer is 43 mm longer than the Quest M7, and the Explorer with a wheelbase of 3,025 mm is longer than the Quest M7 with a wheelbase of 2,820 mm. The longer wheelbase gives the Explorer a slightly more spacious third row space than the Quest M7. Compared with the size, the length, width, height and wheelbase of the explorer’s body are indeed above the boundary M7.

　　Performance: The rear drive explorer accelerates faster and the four-wheel drive interface M7 is stronger.

　　From the performance point of view, the zero-acceleration of Explorer’s rear-wheel drive and Wenjie’s M7 rear-wheel drive is 7.6 seconds and 7.8 seconds respectively, and only the lowest equipped models of the two cars are rear-wheel drive designs, and the prices are 309,800 yuan and 319,800 yuan respectively. In terms of four-wheel drive models, the four-wheel drive acceleration of Explorer and Quest M7 is 7.8 seconds and 4.8 seconds respectively, and the guide prices are 329,800-379,800 yuan and 339,800-379,800 yuan respectively, and the prices are close.

　　Explorers are all equipped with a 2.3T turbocharged engine and a matched 10AT transmission, with an output of 276 HP and 425 N.. Rice, just add 92# gasoline. The 1.5T four-cylinder engine on the M7 is only used for power generation and does not directly drive the vehicle, but 95# gasoline needs to be added. The M7 rear drive is equipped with 200 kW and 360 N.. Rice motor; Like the rear motor of the four-wheel drive model, the power of the front motor is 130 kW and 300 N. Rice.

　　M7 plus 95# gasoline, but the fuel consumption is lower than that of Explorer, and the front suspension of Explorer is better.

　　Explorers refuel for a few minutes, but the battery life of M7 rear drive and four-wheel drive pure electric WLTC is 150 km and 135 km, and it takes 30 minutes for slow charging and 5 hours for fast charging. People who buy extended-range cars generally don’t want to wait for a slow charge, unless they have a private charge at home, which is mainly to refuel and generate electricity. The fuel consumption of M7′ s rear drive and four-wheel drive is 6.85L and 7.45L respectively, while the combined fuel consumption of Explorer’s rear drive and four-wheel drive is 9.07L and 10.08L, and the actual fuel consumption may be slightly higher than this fuel consumption.

　　In terms of energy consumption, at the same price, even with refueling, the fuel consumption of the boundary M7 is definitely lower than that of the explorer, and the use cost of the boundary M7 will be lower than that of the explorer. If you drive for a short distance and charge conveniently, the use cost under charging is lower. Looking at the driving quality, Explorer’s front suspension is a double-ball-joint spring strut suspension, while Wenjie M7 is an ordinary McPherson independent suspension, and both rear suspensions are multi-link independent suspensions.

　　The key point is the difference of the front suspension. As the best family car controlled by BMW, BMW 3 Series also adopts the double-ball joint spring shock absorption strut suspension, which makes the control more accurate and flexible. However, there is a 40-degree ternary lithium battery on the chassis of the car body, which makes the weight of the chassis heavier. After the center of gravity is lowered, the driving quality of the car body will not be weak.

　　In terms of configuration, the asking M7 is more abundant than the explorer, but it is not much at similar prices. Take the entry-level rear-drive model as an example, the asking M7 is 10,000 yuan more expensive, which also includes door-opening warning, 360 panoramic image, full-speed adaptive cruise, automatic parking, HUD head-up display, wireless charging function of front-row mobile phones, heating, ventilation and massage functions of the first and second rows of seats, and 12 audio and negative ion generators. However, regarding the central control screen, the explorer’s 27-inch screen is larger than the 15.6-inch screen of the world M7, and both the explorer and the world M7 have L2-level driving assistance capabilities.

　　Write it at the end

　　The budget of 300,000-400,000 yuan is to buy medium and large SUVs, and the explorers provide 6 and 7 seats to choose from, while only 6 seats are available to ask for the M7. At similar prices, the configuration of the M7 is slightly richer than that of the explorers, while the M7 is exempt from purchase tax, and thanks to Huawei’s technical blessing, its popularity is higher than that of the explorers. Judging from the use cost, the fuel consumption cost of the M7 is definitely lower, and both cars can be poetic and far away. The short-distance M7 can also reduce fuel consumption by pure electric driving. Although the space of the boundary M7 is slightly smaller than that of the explorer and the central control panel is not as large as that of the explorer, at a similar price, many people may choose the boundary M7 for the sake of green cards and lower fuel consumption.

Recently, a blogger said that Huawei’s new vertical folding still uses Kirin 9000S, and Huawei P70 has already tested Kirin 9010.

It is understood that Kirin 9010 is an upgraded version of Kirin 9000S, and its internal name is tentatively "Kirin 9010". Although the specific parameters of Kirin 9010 have not been announced yet, according to the previous rumors and naming rules of Kirin, we can infer that Kirin 9010 may have been optimized and adjusted on the basis of Kirin 9000S, and the manufacturing process may be changed, focusing on optimizing performance and power consumption. Huawei’s hyper-threading technology will continue to be used.

According to netizens, the measured running score of Kirin 9010 chip has reached the level of 8 Gen2 in Snapdragon. Some people speculate that the chip is a 3nm process and the foundry is TSMC, but it should be false news in the current situation of Huawei. Moreover, Xiao Bian also found that rumors about Kirin 9010 chip had appeared as early as 2021, and it is said that the manufacturing process was 3nm, which means that several bans in the United States disrupted Huawei’s original rhythm when mass production was about to begin, so it was necessary to switch to Qualcomm’s 4G chip.

Since the launch of Kirin 9000, every generation of flagship new products after Huawei will always be speculated whether it will go to Kirin 9010. This is also a kind of expectation for Huawei. It is always thought that it can come up with stronger products to surprise everyone in the sanctions. It may not be possible before, but after watching the performance of Mate 60 this year, everyone thinks that Kirin 9010 will have a chance on Huawei P70.

If it is as stated in the news, Huawei P70 will officially return with Kirin 9010 chip, indicating that Huawei has once again created a miracle. In addition, the main camera of Huawei P70 will use Sony IMX989 1-inch outsole sensor. The overall lens layout is not much different from that of the previous generation P60, but the lens deco has changed from "long strip" to "approximate square", and it is still designed for three lenses. The largest main camera is located in the middle, the telephoto and wide angle are distributed on both sides of the main camera, and the flash is on the far left.

As the latest masterpiece of Huawei’s flagship mobile phone series, P70 series will also usher in a major breakthrough and promotion in hardware configuration, video experience and localization of supply chain. All kinds of revelations alone have been able to make consumers blind, which also reflects Huawei’s influence and competitiveness. We also have reason to believe that Huawei will once again boost the overall smartphone sales in China with P70 series.