Daily Hot Spots in Automobile Industry: New Chevrolet Explorers Launch New Golf Official Map

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[Today’s Aspect]

[Industry Wind Direction]

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In 2023, the automobile market showed fierce competition. Tesla achieved sales increase through disguised price reduction strategy, while new energy intelligent networked vehicles led the industry development. In December, the sales volume of new energy vehicles reached 945,000, and the penetration rate exceeded 40%. Tesla Model Y and Model 3 performed well, and BYD’s various cars ranked among the top ten in the sales list. L3 self-driving test was officially launched, showing a new stage of intelligence. 79% of new cars are smart models, of which more than 200,000 models basically realize L2 smart driving configuration. Market attention is focused on new energy and smart models, and AITO asks for brand attention beyond ideal.

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Highlights of China brand cars in 2024: (|) Medium-sized cars are fashionable in design, with a wheelbase of 2950mm and high-power motors; Tengshi brand flagship car is expected to be listed this year, with family design and spacious space; Baojun EQ200 pure electric vehicle was launched during the year, and its appearance is sci-fi; Dongfeng Yipai eπ007 medium and large cars will be listed in the first quarter from the pre-sale of 159,000 yuan; Xiaomi SU7 is a medium-sized and large-sized car, which was launched in the first half of 2024 and equipped with advanced technology. Lectra 07 EM-P is scheduled to be released this year, based on CMA Evo architecture; Hongqi EH was listed within 7 years, FMSs platform, pure electric/plug-in hybrid; The new red flag H9 is slightly redesigned, and the interior is newly designed; The company was listed in 2007, with avant-garde design and rich intelligent configuration.

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SAIC-GM-Wuling plans to produce and sell 700,000 new energy vehicles in 2024, which is a significant increase compared with the monthly sales of 59,372 vehicles in November 2023. Wuling automobile has six technology brands, and many new models, such as Wuling Binguo and Baojun Yunduo, have been put into production and contributed significantly to sales. As a new model to be launched in 2024, Wuling Binguo Plus has an updated exterior interior and a larger body size, equipped with a 75kW motor and a 50.6KWh battery pack.

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Xiaomi officially denied the rumor that its first electric car, Xiaomi SU7, was delivered in June, emphasizing that the official release shall prevail. Xiaomi SU7 is a pure electric medium and large car, equipped with Xiaomi super motor, self-developed CTB battery and autonomous driving technology. The car has a high-resolution screen and luxurious configuration, such as Nappa leather seats. In terms of power, the dual-motor version takes only 2.78 seconds to accelerate at 0-100km/h and the battery life can reach 800km;; The single motor version has an acceleration time of 5.28 seconds and a battery life of 668km.

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The price of Wuling Hongguang MINIEV in the United States was announced to be about 280,000 RMB, which is about 7 times the domestic price. This miniature pure electric vehicle has been listed in Vietnam and Thailand in July 2023. Its price in Vietnam is about 73,300-85,600 RMB, and the starting price is about 85,000 RMB after subsidy in Thailand. The domestic price of the 2024 Hongguang MINIEV is 328-99900 yuan, offering different cruising range and vehicle versions.

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Shanghai Lantu Information Technology Co., Ltd. (Togo Car Maintenance) sued Beijing Qiguanghang Information Technology Co., Ltd. (JD.COM Car Maintenance) and the other two defendants, demanding compensation of 5 million yuan and deleting the relevant expression of "shocking tiger price" because of its impact on Togo’s goodwill. The incident originated from the low-cost marketing campaign "Shock Tiger Price" launched by JD.COM Car Maintenance Company. The company’s car was listed on the Hong Kong Stock Exchange in September last year, and the case has not yet received a response from the company.

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Toyota’s Daihatsu Automobile applied to Japan’s Ministry of Land, Infrastructure, Transport and Tourism to recall about 323,000 Cast models and Pixis Joy models due to collision test fraud. The recall was due to improper test experiments, the model may not meet the safety standards, and the door may be difficult to open in the event of an accident. In addition, the airbag control unit of some models of Daihatsu is different from that of sales models. Daihatsu has stopped production in Japan, and when to resume production is uncertain, which has a wide range of influence and involves multi-brand models, which may damage Toyota’s reputation.

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The team PP-CEM in charge of Feifan brand intelligent driving business in SAIC R&D Institute is facing adjustment, and members can choose to transfer internally or accept "N+1" resignation compensation. Previously, the team developed and implemented the Rising Pilot intelligent driving system, which was successfully applied to Feifan R7 and F7 models to meet the requirements of domestic and foreign laws and regulations. After the chief scientist Jin Jieyu left his post in August 2023, the team was taken over by Meng Chao, and the formal adjustment was planned in January.

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The self-driving electric car that Apple plans to launch will be available as early as 2028, two years later than the previous forecast of 2026. The automatic driving level of the car has also been lowered from the original L4 and L5 levels to L2+ levels. Despite the continuous delay in the release date, the design of the new car was conceived as a fully automatic driving system without steering wheel and pedals, which could run on designated highways in North America.

[Travel dynamics]

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The HiPhi Y model launched OTA upgrade. The new HI OS 3.2.0Y software contains 42 new and 48 optimized functions, especially in intelligent driving, intelligent voice and intelligent cockpit. The functions such as automatic navigation-assisted driving, HiPhiGo intelligent voice assistant and HUAWEI HiCar have been updated, which improves the driving comfort and safety, and enriches the in-vehicle experience for entertainment and office. The model equipped with lidar will be equipped with high-speed NOH function as standard, and there is no extra charge.

[Product Information]

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A new generation of Chevrolet Equinox (Explorer) made its debut, bringing two models, RS and Activ, both of which adopted the latest family design language, showing a tough off-road style. It is expected to be listed in the United States in mid-2024, and China may follow up at the end of the year. The new car is equipped with a 1.5T engine, advanced driving assistance and safety functions, and the interior has a strong sense of technology. The new car has a length, width and height of 4653/1902/1667mm, a wheelbase of 2730mm and a trunk volume of 845L, which can be extended to 1799L.

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Volkswagen officially released the official map of the 8.5-generation golf in the medium term, covering the regular version, plug-in hybrid GTE, travel Variant and high-performance fuel GTI. Highlights of the new golf include brand-new LED headlights and an upgraded MIB4 car system. In terms of power, a variety of engine options are provided, including a 1.5T four-cylinder gasoline engine and a 2.0T engine, equipped with a 6-speed manual or 7-speed dual-clutch gearbox. The new car is scheduled to be pre-sold overseas in the spring to celebrate the glorious history of the 50th anniversary of golf.

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The Star Road Chasing Wind C-DM compact SUV was launched, equipped with a new 1.5T C-DM plug-in hybrid system, with a comprehensive power of 326 HP, providing 80km pure electricity and 1000km comprehensive battery life. The exterior design of the new car is attractive, and the interior continues the cash style and is equipped with high-tech configuration. The price of the new car is about 150,000, and its competitors include BYD Song Pro DM-i, etc. Its new technology is expected to enhance the market competitiveness.

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BMW officially released the preview map of i5 Touring, and the real car map was exposed by foreign media. This pure electric medium and large station wagon will be launched this spring. The new car is expected to offer 340 HP single motor and 517 HP dual motor models, with the exterior continuing the design of the i5 sedan version, and the interior adopting the latest family-style design, equipped with a 12.3-inch instrument panel and a 14.9-inch central control panel. Strong dynamic performance, with a maximum battery life of 570km, showing a sense of movement and technology.

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The test spy photos of the new Hyundai Paliste have been exposed and are expected to be released in 2025. The new car is based on a brand-new platform, with a longer wheelbase and a cost-effective V6 engine. The design language is more rigid, and the structure of headlight group and front grille will be greatly changed. The new car style is tough, and the tail may have new design ideas. It is expected to provide 3.5T V6 and hybrid power versions.

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Volkswagen Design Company showed the imaginary map of SUV based on Amarok pickup truck. Although it is unlikely to be mass-produced, it shows a hard-core off-road style. The new car uses off-road tires and enhanced front bumper. The headlights are designed with double LEDs, and the body lines are tough, and equipped with pedals, tailpipes, luggage racks and searchlights. This SUV model is mainly oriented to the American market, suitable for off-road driving, and meets the needs of different consumers.