Mobile power, also known as "power bank". The latest quality supervision and sampling results of online mobile power products released by the State Administration for Market Regulation show that more than one-third of the products tested failed.

The quality of mobile power supplies sold online is subject to national supervision and spot checks, and more than 35% fail.

CCTV Finance "Economic Information Network" column video

The results of the random inspection showed that among the 99 batches of products produced by 95 enterprises in 9 provinces (cities), 35 batches failed, and the failure rate was 35.4%.

Some of these unqualified mobile power supplies have prominent problems with false capacity and cannot achieve the claimed charging effect; some have safety risks such as heat generation and deflagration, threatening consumers’ personal and property safety. According to relevant industry data, our country is not only the world’s largest producer of mobile power supplies, but also the largest consumer market. Since 2020, shipments have remained at about 100 million units. With the continuous popularization of mobile power supplies, safety accidents caused by mobile power supplies have occurred all over the country.

At the end of May this year, on Line 7 of the Beijing Subway, the mobile power supply in a passenger’s satchel suddenly exploded, and a large amount of smoke instantly filled the entire carriage. Fortunately, due to the timely handling of the staff, the accident did not cause casualties.

Also in May this year, in a parking lot in Zhangjiagang, Jiangsu Province, the mobile power supply left in the car also exploded. The center console inside the car was badly damaged, and there were traces of bursting in the front windshield.

In early January this year, a self-built house in Guiping, Guangxi Province, burst into flames in the early morning, and a family of four died tragically. According to a warning article issued by the fire department, "After preliminary investigation, the cause of the fire was a short circuit of the mobile power supply, which caused the fire. The on-site inspection found that the mobile power supply was suspected to be counterfeit and shoddy products."

Industry experts say that poor quality or improper use of mobile power supplies can lead to safety accidents, threatening consumers’ personal and property safety.

5 batches of mobile power supply overcharging test failure can cause fire and explosion

CCTV Finance "Economic Information Network" column video

It generally takes a few hours or even longer for the mobile power supply to be fully charged. If you forget to unplug the power supply, you may also charge it all day and night. This situation is called charging. During this national supervision and spot inspection, it was found that 5 batches of mobile power supplies failed the charging test.

According to the testing engineer, during daily use, a mobile power supply may forget to unplug the power supply for a long time to charge, which requires that the internal battery quality of the mobile power supply must be reliable enough. Even if the circuit is damaged during overcharging, there should be no risk of fire or explosion.

Some mobile power internal battery in the test process suddenly deflagration, a lot of smoke. After the test of these unqualified mobile power batteries were burned.

After testing, 5 batches of mobile power overcharging items failed this time. They are:

Shenzhen Jinyu Dongfang Industrial Co., Ltd. produces the Yuanqi Mengmeng mobile power supply of Tmall Lofte flagship store

Dongguan Yubo Communication Equipment Co., Ltd. produces Yubo mobile power supply for Vipshop Yubo Digital Sale Flagship Store

Shenzhen Yanbu Technology Co., Ltd. produces super flash charging (mobile power supply) for Tmall eara flagship store.

Shenzhen Yimo Technology Co., Ltd. produces the LeTV super mobile power supply of Pinduoduo LeTV Yandian store

Yuantu Culture (Shenzhen) Co., Ltd. produces the Starry Sky Hand Warmer of Tmall Tianxiang Chuangwu Flagship Store

According to the testing engineer, poor battery quality is often one of the main reasons for the failure of the overcharge index.

If the shell quality is not up to standard, in the event of a bump or drop, the internal circuit and battery of the mobile power supply cannot be effectively protected, causing problems such as short circuit and battery leakage, which may also lead to safety accidents such as fire and deflagration.

For unqualified products found in supervision and spot checks, the General Administration of Market Supervision requires local market supervision bureaus to urge e-commerce platforms to immediately remove them from the shelves, and at the same time take measures such as seizure and seizure in accordance with the law to strictly prohibit the production and sales of enterprises. For unqualified enterprises, further clarify the rectification requirements, strictly supervise the implementation of rectification measures, and organize timely review.

On June 17, NIO announced that its NIO EL8 (domestic model ES8) has been officially launched in five European countries, Norway, Germany, the Netherlands, Sweden and Denmark. This is the sixth model launched after NIO launched in the European market.

Specifically, the NIO EL8 offers two models. The 75 kWh battery version is priced at 94,900 euros (about 739,000 yuan); the 100 kWh battery version is priced at 103,900 euros (about 809,000 yuan). For reference, the NIO ES8 is priced at 49.80-598,000 yuan in China. This means that the starting price of the NIO EL8 in the German market is about 240,000 yuan higher than the starting price of the domestic ES8.

As a well-crafted luxury electric SUV, the NIO EL8 shows its extraordinary quality in details. The design has maintained the consistency with the ES8 sold in China. From the hidden door handle to the watchtower laser radar, to the equipped multiple high definition cameras, it all shows the NIO’s scientific and technological strength and innovative spirit.

In terms of configuration, the car has a 6-seat layout of 2 + 2 + 2 type. The first two rows of seats use a seat frame platform developed by Weilai, with heating/ventilation/massage functions, and the third row of seats supports seat heating. Equipped with a suspended central control screen and a full LCD instrument, it not only enhances the comfort of the ride, but also makes a clever article on the sense of technology.

In terms of power, the NIO EL8 is equipped with a front and rear dual-motor four-wheel drive system, with a combined power of 480 kW and a peak torque of 850 Nm. It is also equipped with a dual-cavity air suspension, a CDC dynamic damping control system, and a Bosch IPB intelligent braking system.

Earlier, NIO founder, chairperson and CEO Li Bin announced the company’s expansion plans in the European market at the opening ceremony of "NIO Center | Amsterdam". Despite the current uncertainty of the European Union’s tariff policy on electric vehicles in China, NIO is still committed to the development of the European market.

Li Bin mentioned that electric vehicles are of great significance to the sustainable development of the environment. If the European Union imposes high tariffs on Chinese electric vehicles, NIO will make corresponding business decisions based on market conditions.

In 2023, the cumulative sales volume of NIO in the European market is 2,399 vehicles. At the same time, the company has laid out a charging and swapping network in Europe, with 43 swapping stations, 45 overcharging piles, and connected to 600,000 third-party charging piles.

"When NIO’s annual sales in the European market reach about 100,000 units, we will consider establishing a production base in cooperation with local partners," Li Bin said.

Xinhua News Agency, Beijing, May 5?Topic: Making up for shortcomings and strengthening norms – multi-departments accelerate the support of "umbrella companies" for new business workers

Xinhua News Agency reporters Jiang Lin and Liu Weiwei

During the May Day holiday, Qi Jianzhong, a Meituan delivery rider in Nanjing, was both busy and down-to-earth. "With occupational injury protection, I feel much more at ease. Otherwise, I really don’t know who to call if I get injured."

In December 2023, Qi Jianzhong accidentally fell and broke his bone while delivering food. With the help of Meituan staff, he used his mobile phone to declare occupational injury protection, and about 1,000 yuan of medical expenses were reimbursed 875 yuan. After the disability identification, at the end of January 2024, he received a one-time disability subsidy of 41,900 yuan issued by the human resources and social security department.

Qi Jianzhong told reporters that he has been a rider for six years, and his income is good and his time is flexible. But bumps are inevitable in the rush, especially in bad weather, and his family always worries. "Occupational injury protection is like adding a layer of’protective net ‘, so after four months of recuperation and recovery, I came back to deliver food."

The occupational injury insurance that Qi Jianzhong said is a new type of work-related injury insurance created by the state for workers in new employment forms. The platform enterprise pays the fee, and the individual employed person does not pay the fee. The scope and circumstances of its protection, the standard and level of treatment, are basically consistent with work-related injury insurance.

Since July 2022, the new employment form of occupational injury protection for employed persons has been piloted in 7 platform enterprises including Meituan, Ele.me, Flash, Lalamove, and Cao Cao Travel in 7 provinces and cities including Beijing, Shanghai, Jiangsu, and Guangdong. As of the end of March 2024, 8.017 million people have been included in the scope of protection.

"Occupational injury protection effectively protects the rights and interests of employees in the new employment form, especially the basic living standards guarantee function of major casualty accidents. This system also disperses the business risks of platform enterprises and helps the platform economy develop in a standardized and healthy way," said Zheng Xuanbo, director of the work injury insurance department of the Ministry of Human Resources and Social Security.

Zheng Xuanbo introduced that how to participate in social insurance for the emerging group of new employment forms, the pilot has solved the problem and accumulated valuable experience. The next step will be to summarize experience and study to expand the scope of implementation.

The reporter noticed that on the website of the national social insurance public service platform, a special occupational injury protection service section has been set up, which shows that the insurance information, treatment payment application acceptance, occupational injury confirmation, treatment distribution, processing progress and other inquiry services are being practiced run.

Including delivery riders, instant delivery staff, online car drivers, such as the new employment form of workers, there are 84 million people.

"In response to the shortcomings such as high occupational risks, high labor intensity and low level of security faced by this group, in recent years, we have worked with relevant departments to continuously improve the system and mechanism, innovate work methods, strengthen service security, and safeguard the legitimate rights and interests of workers in new employment forms," said Li Xinwang, director of the labor relations department of the Ministry of Human Resources and Social Security.

From the eight departments jointly issued the "Guiding Opinions on Safeguarding the Labor Protection Rights and Interests of Workers in New Employment Forms", to the introduction of special project rights protection policies for key groups such as takeout workers and online car-hailing drivers, and the reasonable definition of labor protection responsibilities of enterprises, to the February 2024 issue of "Guidelines for the Protection of the Rights and Interests of Workers in New Employment Forms of Rest and Labor Remuneration", "Guidelines for the Publicity of Labor Rules for Workers in New Employment Forms" and "Guidelines for the Protection of Workers’ Rights and Interests of Workers in New Employment Forms"… Relevant departments have accelerated the support of "umbrella companies" for workers in new

"We guide platform companies and their employment partners to sign employment contracts and written agreements with workers, reasonably determine labor compensation, scientifically arrange working hours, formulate and revise platform labor rules such as order distribution and compensation payment in accordance with laws and regulations, and establish an internal labor dispute resolution mechanism," Li Xinwang said.

In response to the outstanding problems faced by workers in the new employment form of "overtime work", the relevant guidelines have made specific and detailed guidance for enterprises to scientifically determine the workload and labor intensity, and at the same time include workers in the new employment form into the minimum wage guarantee. In terms of optimizing insurance participation services, except for some megacities, all localities have opened the channels for flexible employment personnel to participate in employee pension insurance at the place of employment.

What should I do if there is a dispute between workers and platforms over compensation, and how can I protect my rights?

By strengthening the linkage with people’s mediation and judicial mediation, relevant departments have launched one-stop joint mediation services for labor disputes in new employment forms such as labor compensation, rest time, and occupational injury. At the same time, they have continuously improved the construction of online mediation platforms, optimized the mediation process and time limit, and helped both parties reach a mediation agreement voluntarily on the basis of mutual understanding and accommodation.

"The parties can also apply for arbitration review or judicial confirmation of the mediation agreement, and after review or confirmation, they can apply for the court to enforce it. At present, there are nearly 1,000 such mediation organizations across the country, and we will continue to promote it," Li Xinwang said.

Xingyue L relies on the (cross-domain) centralized electrical functional architecture first carried by the "CMA Super Matrix" architecture, and realizes cross-domain high-speed calculation and highly integrated collaborative management of functional domains such as power control, intelligent driving control, chassis control and cloud collaboration with the help of the vehicle core super domain controller, making the automatic driving control management more centralized, agile, reliable and safer!

It is reported that the Xingyue L 5G-AVP 1km unmanned parking system is equipped with the world’s first super-domain controller of Texas Instruments and a super-sensing system consisting of 24 sensors covering the whole vehicle, which can calculate the dynamic and static obstacles such as roads, pedestrians, road signs and roadblocks online, and the intelligence exceeds the industry models, bringing users a safe, reliable, worry-free and convenient parking experience. As the first automobile enterprise in the industry to mass-produce this high-level autonomous driving technology, Geely Automobile has demonstrated its strong technical strength.

Demonstrate the powerful strength of technology Geely 4.0 Geely 5G-AVP will realize parking freedom.

Driving and parking in the city has always been a difficult problem. With the continuous increase of car ownership, "difficulty in parking and picking up cars" has become the second biggest pain point after "traffic jam". In order to solve this problem, most car companies are working on automatic parking technology. From the initial ultrasonic radar, reversing image assisted parking, to APA automatic parking using multiple sensors, and then to RPA remote parking technology carried by some new models. As the spokesperson of the powerful strength and the latest technology of Geely 4.0, Xingyue L, combined with the development of the previous stages, has surpassed RPA remote parking technology in its automatic parking technology. At present, it has reached the unmanned parking technology of 5G-AVP 1km, and will explore to enter the parking service stage of AVP intelligent cloud map in the future.

The world’s first 5G-AVP 1km unmanned parking technology, Xingyue L, can currently complete powerful functions such as 100% unmanned driving, obstacle avoidance, intelligent parking space search, autonomous parking and parking within 200 meters round-trip distance through vehicle self-learning. In scenes with fixed parking spaces such as home and office, the vehicle only needs to complete route learning once, and the user can get off the bus in advance, and the vehicle can find the parking space independently to complete parking. When picking up the car, the mobile phone also calls the vehicle to automatically drive to the user’s location, which completely liberates the user from repeated parking.

According to Geely technicians, Xingyue L’s 5G-AVP 1km unmanned parking technology will realize full-scene parking in the underground parking lot, and vehicles will automatically travel to any location. When the user goes out to pick up the car, he can remotely call Xingyue L by tAPPing the mobile phone app, and the car can automatically start, park out and drive to the set pick-up point. When parking after work, the driver can get off early when driving within the automatic parking map. Xingyue L will automatically drive and search for parking spaces, avoid obstacles on the way, and lock the parking spaces, which can realize automatic parking of different parking spaces such as vertical and parallel. After the parking is successful, Xingyue L will automatically take photos and accept the inspection of users. This technology does not need the driver’s participation in the whole process, which truly realizes the complete automatic driving, helps users solve the parking problem and greatly facilitates the user’s experience.

Xingyue L 5G-AVP 1km unmanned parking system has 360TOPS+8TOPS overspeed computing power through the high-speed and low-speed fusion algorithm of 24 sensing elements including 12 ultrasonic radars, 5 millimeter-wave radars and 7 high-definition cameras, and can calculate road information and dynamic and static obstacles in real time, and realize L4-class unmanned driving technology in some scenes and working conditions. According to relevant comparative tests, the unmanned parking technology of 5G-AVP 1km of Xingyue L is superior to the new power star model Tesla Model Y in terms of the farthest control distance and parking function, which greatly subverts the aura of "idol" and reshapes the market’s cognition of China brand high-end SUV.

Evolvable Xingyue L with FOTA upgrade will realize L4 AVP driverless technology.

Geely Automobile is one of the first automobile enterprises to obtain the license of intelligent networked automobile test in the Yangtze River Delta. It has accumulated rich technology and experience in the field of automatic driving. It not only took the lead in popularizing L2 intelligent driving assistance system to its vehicles, but also became the first China brand to realize the full-scale mass production of L2 intelligent driving technology. Moreover, the allocation rate and market share of newly-produced L2 intelligent driving vehicles in the industry reached the first place, benefiting the intelligent travel life of millions of users.

In the completely unmanned scene, absolute accurate positioning and low delay are needed to ensure driving safety, which requires high-precision maps to reach centimeter level. In recent years, Geely has comprehensively laid out the field of commercial satellites, consolidating the underground structure of the integration of heaven and earth. With the formation of Geely’s low-orbit satellite layout, the navigation accuracy will be improved to centimeter level, providing systematic positioning services for future high-level intelligent driving. This time, the 5G-AVP 1km unmanned parking technology carried by Xingyue L is an overall improvement of Geely brand parking technology. In addition, with the FOTA upgrade and evolution of the whole vehicle with full functional domain, it is believed that the parking service function of AVP intelligent cloud image will be realized soon.

As the new flagship of SUV under the CMA framework of Geely Automobile, Xingyue L will be the first safe and intelligent fuel vehicle to reach L4 level, breaking the boundary between old and new forces and opening a new stage of intelligent driving, and its subversive strength is increasingly expected. In the future when 5G, sensor technology and infrastructure become more mature, cars will be smarter. Xingyue L, which is homologous to the whole world and can be upgraded and evolved by FOTA, will surely promote the further improvement of driverless technology, and continuously evolve in the direction of automation, bringing more, higher, faster and stronger cutting-edge intelligent technologies to the people, which is bound to detonate the new trend in the mainstream market.

　　CCTV News:In response to some netizens’ doubts about the problems of the police in the process of solving the case, the Wenzhou Public Security Bureau immediately organized personnel to carry out an investigation. After questioning the reporter Zhu Moumou and the family of the victim, reviewing the video and report records of the police reception hall, and reviewing the relevant communication records, the police issued a notice saying that there was no "case will not be filed without the license plate number and the driver’s phone number."

　　At 16:22 on August 24, the victim’s friend Zhu Moumou went to Yongjia County Shangtang Police Station to report the case. The police used Zhu Moumou’s mobile phone to communicate with Didi customer service. After indicating the identity of the police, they hoped to learn more from Didi customer service. Regarding the relevant information of the owner and vehicle of the hitchhiker taken by the victim, Didi customer service replied that the security expert would intervene and asked to continue waiting for a reply.

　　At 17:13, Didi customer service reported to the police that the victim had cancelled the order at 14:10 after booking a ride at 13:00 and did not get on the bus. The police questioned that the order could be cancelled halfway through the ride, and again asked to know the driver’s contact number or license plate number for easy contact, but failed. At around 17:30, the family of the victim also went to the police station to report the case.

　　Xie Zhangan, Chief of the Propaganda and Education Section of Yueqing Public Security Bureau: "At around 5:30 pm on the 24th, the family of the victim came to our Yueqing Hongqiao police station to call the police. Her father and his grandfather came over. Her father said that her daughter lost contact, and the police briefly understood the situation. At about 5:36, the police contacted Didi customer service. When the police contacted him, Didi customer service said that it would take about 3 to 4 hours to inquire about relevant information. The police said that the situation was more urgent. According to the police, Didi Company said that the situation could be expedited. At 5:49, Didi Company came back and said that we needed a police card and a letter of introduction, and then the police forwarded the relevant procedures to Didi Company. The relevant emails arrived. At 6:13, Didi sent us their inquiry, the license plate of Didi and the basic information of the driver. "

　　The license plate number provided by Didi does not match the registered license plate number.

　　According to the police report, the license plate number information provided by Didi was consistent with the license plate number of the vehicle seized by the police the next morning. It is worth noting that the apology statement issued by Didi said that the license plate issued by the suspect Zhong was temporarily forged offline. That is to say, when the license plate number of the crime was provided to the police on the 24th, Didi should have known that the license plate number was inconsistent with the license plate number used by Zhong when registering. This shows that Didi is fully capable of knowing the driver, and it is worth investigating what kind of management loopholes exist in the end.

　　Didi will start the national offline ride-hailing business tomorrow

　　On the 26th, Didi Chuxing announced that since 0:00 on August 27, it will offline the Hitch business nationwide, removing the general manager of Huang Jieli’s Hitch business department and the vice president of Golden Red customer service. Didi Chuxing said that after the Hitch business goes offline, the company will reassess its business model and product logic internally.

group photo of the main creator

Jackie Chan
　

　　　 Movie Network News(Photo/Qian Jia’s memoir/Li Chao) On December 11, the film held a "final blow" press conference in Beijing, and Jackie Chan attended with the stars Yao Xingtong, Zhang Lanxin, Bai Luna, Liao Fan and Liu Chengjun. Jackie Chan, who has won the Guinness World Record for performing the most stunts, revealed that although he was also very scared during the shooting of the volcano jumping scene, he still stood in front of the camera when he saw a big rock flying over, and he said that even if he died, he would like to be a hero. At the end of the film, Jackie Chan’s brother’s beloved wife Lin Fengjiao appeared in surprise. In this regard, Jackie Chan said that for these short shots, he begged Lin Fengjiao for a whole year.

Yao Xingtong

Zhang Lanxin

Bai Luna

Liao Fan

Liu Chengjun

58-Year-old kung fu superstar jumps over volcano, Jackie Chan: Die like a hero

　　　 Jackie Chan, who is 58 years old this year, has performed a lot of extremely dangerous and difficult moves for the audience in "Zodiac". Not long ago, he broke the Guinness World Record for "most stunts". Jackie Chan admitted that looking back on the dangerous scenes he had shot, he was also very scared at the time. "Today I broke my hand, tomorrow I broke my foot, and I can cut my head at every turn. I can get through it safely, but every morning I wake up and ask myself, will I be so lucky every time? Bruce Lee died after a few scenes, but he left a very bright image. I also want to leave a bright image, but I am not willing to die. It is better to leave a way out for myself and tell everyone that I will never make such a life-saving movie again."

　　　 "It was too dangerous. I was going to roll down from the top of the volcano with iron ore in my eyes. Before I took the picture, I asked them, when was the last volcanic eruption? They said it was ten years ago. I mean, I wouldn’t have caught up with it so coincidentally. Once I saw a big rock floating over, and they were all shouting: Big brother! Go away! I stood in front of the camera very calmly and smartly, because even if I die, I will die like a hero."

Next page: Shu Qi and Wu Yanzu made cameos, Jackie Chan begged for a year to make Lin Fengjiao play

　　[Autohome News] Before 2020, our Chinese brand’s medium/medium and large SUV products were still rare, and the market was almost monopolized by overseas brands. At that time, we were still very cautious about this market. Even if there were products, most of them showed brand perception and technology, and did not pursue market performance. However, the growth of our Chinese brands in the past two years has indeed made rapid progress, especially in the new energy market. Medium/medium and large SUVs have gradually become the mainstream. Not only is the market demand increasing day by day, but our products are also becoming more and more mature.

　　Recently, it has also become a period of product explosion in this market, including the new (|), the new Wenjie M7, Lynk & Co 08 EM-P and the new Xiaopeng G9 have been launched, and new players such as Zhiji LS6 are waiting for an opportunity. What is their market prospect? What is the sales policy now? Let’s go to the store again to find out.

◆　The new NIO EC6
Price range: 35.80-41 6,000
Product features: LiDAR upper body, appearance/configuration have been upgraded
Store location: direct sales model, there are many supermarket/store layouts. At present, there are 134 NIO centers, 286 NIO spaces, 304 NIO service centers and 58 NIO delivery centers globally

　　The new NIO EC6 was officially launched on September 15, with two versions priced at 358,000 (75kWh) and 416,000 (100kWh). It stands to reason that it is beyond our 300,000 car purchase budget, but after using the NIO BaaS battery rental plan, the price of both models is 288,000 (battery rental 980 yuan/month and 1680 yuan/month), just within the budget, plus a good heat, so we decided to add it to this car purchase survey.

　　The new EC6 has not been listed on the day of arrival, so there is only one.10,000 points for booking (deposit 5000 yuan)Other relevant policies are subject to those announced at the time of official listing. Detailed information can be found atClick here.Check, the delivery cycle is about 2 weeks. At that time, although the price of the new EC6 has not yet been released, the sales said that it is expected to be about 350,000, which is very close to the actual price. The order data is also relatively good. There are already more than 10 orders in the store, and one can be added every day on working days, and about 3 on weekends. The order is mainly for young people. Older users are also interested, but they have not placed an order. They still want to wait for the listing price to come out. Overall, the market prospect is relatively optimistic. It is worth mentioning that although the new EC6 has no discounts, there are no discounts in the storeES8 and ET7 have a small number of stock cars, you can get a discount of 10,000 yuan…

　　One of the main upgrades of the new EC6 is the appearance, and the other is the intelligent performance. The appearance aspect includes changing the appearance to a new design style, and at the same time provides 9 body colors to choose from. The interior will also provide 3 exclusive color schemes. It just so happens that the car on display adopts the Danxia red color scheme, which is very classy. In addition to intelligence, the new car is equipped with the latest banyan system and NOP + driving assistance. This time I came to the store just in time for the system upgrade, and I couldn’t actually experience it. However, friends who want to know more about the new car can also check our previous detailed experience videos.

　　The NIO EC6 was first launched in 2020, which can be regarded as a pioneer for Chinese brands to enter the medium-sized SUV market relatively early. At that time, it was also regarded as one of the strong competitors of Tesla Model Y. After the previous generation EC6 was launched, it achieved a monthly sales of 3,000 +, which is also a meritorious model that helped NIO achieve monthly sales of over 10,000 and successfully ranked among the top three new forces. With the launch of the new EC6, it can be regarded as the last piece of the puzzle of the NIO NT2.0 platform. It is bound to bear the burden of sales again. The future market performance is what we all look forward to.

◆　New Xiaopeng G9
Price range: 26.39-35 9,900 yuan
Product features: configuration adjustment, more people-friendly, more practical
Store location: mainly based on the direct sales model, but also developing the dealer model.Supermarkets are the main ones, and there are also departmental stores.

　　The new Xiaopeng G9 just listed on September 19, after the completion of the change, the new car has finally dropped to 300,000, a total of 5 models, the price range is 26.39-35 9,900 yuan. At the same time, you can also enjoy the air suspension time-limited 20% off, car color limit free, delivery gift package, replacement subsidy, intelligent upgrade and other subsidy policies, while there are points compensation and hardware upgrades for old owners and so on.

　　This time, the Xiaopeng G9 has been mainly adjusted for the configuration. For example, the Danao audio + 5D music cockpit is replaced with an optional configuration, and the standard Xiaopeng XOpera brand audio is equipped. In practice, this self-developed audio can also provide a good listening experience for front and rear passengers, which is completely sufficient for the vast majority of people. In addition, the car system still maintains a relatively high level, and the voice response is very sensitive, which has always been XPeng Motors’ expertise. Of course, in addition to the audio, the new Xiaopeng G9 has many details to adjust. For details, you can click here to view.

　　There is a new G9 570max model display in the store. This is also the configuration mainly promoted by Xiaopeng G9. The new G9 has not been listed when it arrives at the store.The deposit is 5,000 yuan, and delivery is expected to start in 1 month.In addition, sales representationThe old Xiaopeng G9 can have a discount of 10,000 yuanHowever, there are only a small number of existing cars, and they are not available when they are sold out. But users who come to the store are basically waiting for the launch of the new G9. After all, there was news at that time that the price of the new model would be cheaper, and the configuration adjustment would not be large.

　　Xiaopeng G9 was officially launched in September 2022 at the earliest, and it has been exactly one year. As the flagship product of XPeng Motors, although its intelligent driving and charging capabilities have been raised to a new height, the pricing of 30.99-46 9,900 yuan has not been recognized by the market. Except for the sales volume of 4,000 in December 2022, the average monthly sales volume in other months basically hovers around 1,000. After the launch of the new Xiaopeng G9, the price range will be greatly reduced. Can it be recognized by the market again?

◆　New Q Jie M7
Price range: 24.98-32 9,800 yuan
Product features: five-seat version, Huawei ADS 2.0 smart drive, all-aluminum chassis
Store location: Huawei direct sales are mainly in supermarkets, while Sailis direct sales are mainly in industrial park stores, and supermarkets have a wider layout

　　The new Q & J M7 was officially launched on September 12, with a total of 5 models and a price range of 24.98-32 9,800 yuan. Since the new car was pre-sold at the Chengdu Auto Show in August, the cumulative order exceeded 15,000 units within 24 hours of listing, and 2700 new orders were added on September 17, creating a new high for the brand’s single-day orders. It can be seen that whether in the supermarket Huawei store or the Q & J 4S store, the new Q & J M7 has become a well-deserved star product.

　　According to sales, the new M7 store can basically guarantee a daily increase of 2-3 orders, and can double on weekends, mainly young consumers, most of them choose 5-seat smart driving version (309,800), Huawei ADS 2.0 smart driving is still very attractive to young consumers, and the older ones will basically choose the rear drive version (5 rear drive version sold 249,800, 6 rear drive version sold 269,800 yuan). According to previous news, Huawei ADS 2.0 smart driving system is expected to be in the National Open City NCA in December, when it may usher in another wave of sales.

　　If you place an order before the first sales period on October 7, you can get a cash discount of 6,000 yuan, a matching fee of 12,000 yuan and a matching benefit of 15,000 yuan (choose one of three). In addition, there is a replacement subsidy of 15,000 yuan in the store, and the sales rights are still quite attractive. Although the new Q Jie M7 will be delivered when it is listed, if you place an order now, the delivery cycle will take about a month. It is worth mentioning that the new Q Jie M7 has a new 5-seat version with high comfort in the rear row, which is the most comfortable in this visit. In addition, Hongmeng Smart Cockpit 3.0 also has excellent performance. Except for the slightly slow automatic speech recognition (possibly due to signal problems in the exhibition hall), other performances are impeccable.

　　Wenjie M7 was first launched in July 2022. Under Huawei’s halo blessing, it achieved good market feedback in the early stage of listing. The highest monthly sales exceeded 5,000 units, but it fell sharply after 2023, with the average monthly sales falling to about 1,000 units. The new Wenjie M7 can be said to have been adjusted very timely and successful, especially at the moment when Huawei’s new mobile phones are released, the new M7 is also taking advantage of the momentum and has the potential to enter the first echelon.

◆ Lynk & Co 08 EM-P
Price range: 20.88-28 8,000 yuan
Product features: Meizu car machine, new design language/pure electric battery life 245km
Store location: dealer model, mostly industrial park stores, few supermarkets

　　Lynk & Co 08 ushered in the official listing on September 8. This time, a total of 5 models were launched, priced at 20.88-28 8,000 yuan. Through communication with sales staff, it was found that there are no other preferential policies in the store. For consumers who want to buy Lynk & Co 08, they can only refer to the official rights and interests released when they were listed. At present,Lynk & Co 08 all models can enjoy 9,000 yuan to enjoy the gold when placing an order. At the same time, you can also upgrade the Harmanka 23 speaker audio bag worth 10,000 yuan for free. The optional "Technology Pride Smart Enjoy Pack" can get 7,500 yuan for five years of NOA function service. In terms of replacement subsidy, you can enjoy a replacement/additional purchase subsidy of up to 6,000 yuan. In addition, you can also get 300 yuan worth of Meizu Mall 30,000 points.

　　According to Geely’s official sales figures, the Lynk & Co brand sold 18,696 units in August, an increase of about 9% month-on-month and an increase of about 24% year-on-year. According to previous data, less than a week after the new car opened for pre-sale on August 8, the order has exceeded 10,000 units. On the same day, I communicated with the staff in the Beijing store and learned that since the official listing of Lynk & Co 08 as of September 15, the current in-store sales have exceeded 100 units. In this way, this store alone has an average of more than 10 orders per day. It seems that the popularity of new cars is still very high. During our viewing, there are staff who are explaining the functions of the car system to users. It can be seen that users are still very concerned about the intelligent configuration of vehicles.

　　The new car uses the latest LYNK Flyme Auto Meizu car system. The sales staff in the store said that it has the same level of fluency as the mobile phone, and the actual experience is really good. Our experience of zoom navigation, one-handed sliding interface, switching between different interfaces and other conventional operations did not find any cards or slow responses during the process. Basically, we can realize finger operation where to hit, and the response is very fast. In addition, we also experienced the automatic speech recognition function of the car. Lynk & Co 08 can only support voice conversations in a single area. When the main driver issues a voice command, the co-pilot immediately sends out a voice command that cannot be recognized. In this regard, we can compare the M7, which can support continuous dialogue in different zones and increase the convenience of continuous operation for different passengers in the car. But for the usage habits of different users, we can’t give absolute good or bad evaluations.

　　In addition to the function of the car, when we learned that the Harmanka stereo can be replaced for free, we immediately carried out the experience, which does continue the consistent characteristics of its brand, with excellent sound resolution. In addition, we hope to give users a certain reference in the car purchase experience. Looking back at our car store this time, the overall scale is relatively large, and different models have cars on display. There are also a small number of official used cars in the store. The service attitude of the sales staff in the store and the patient explanation provided us with a good car viewing experience.

◆ Zhiji LS6
Pre-sale price range: 23- 300,000 yuan
Product features: DIY personalized dress-up/technology cockpit design, GPT large modelgo online
Store location: direct sales model, mostly supermarket stores, industrial park stores are rare

　　Zhiji LS6 has opened pre-sale at the previous Chengdu Auto Show, and the pre-sale price range is 23-300,000 yuan.The new car plans to show the car to the store on September 22. By inquiring about the sales in the store, it is expected that the official price will be maintained within 300,000 yuan, and it will be officially listed and delivered in October. At present, there are no additional preferential policies in the store, and it is still based on official rights and interests. At present, the preferential activities that provide 2,000 yuan of intention gold to 5,000 car purchases also include 10,000 yuan of optional funds. For L7/LS7 owners, they can enjoy another 10,000 yuan discount.Since the pre-sale started at the end of August, as of the day of the survey on September 15,The national order volume of Zhiji LS6 has reached 15,000 units.

　　The new car offers a total of 7 body colors. According to the store, the current main colors are brown, cyan and pink. Obviously, pink bodies are more popular with female consumers. Interestingly, although we didn’t see the real car, the in-store sales explained to us a variety of personalized gameplay of Zhiji LS6, including DIY replacement of different colors of rim decoration, side skirt trim and rear spoiler trim and so on.

　　Since there are no show cars in the store at present, we did not experience the actual operation of the car and machine system this time. However, in the store we experienced the car and machine of Zhiji L7 and the voice control system. The overall recognition speed needs to be improved compared with other vehicles of the same class. Looking forward to LS6’s improvement in this regard. The Zhiji car we investigated this time is a store located in a large shopping mall. The store decoration style is similar to the reduced version of the car show booth, located in the central lobby area of the mall. The service attitude of the staff in the store and the professional performance of the product are acceptable.　

Editor’s comment:

　　This time we are mainly limited to about 300,000 of new products to the store survey, but in the domestic new energy market, of course, there are many BYD, Tengshi and ideal brands have very good products have been affirmed by consumers. An obvious feeling is that compared with the previous store survey by price, preferential and other stimulus policies, this survey we are more impressed by the product force.

　　They are not only trying their best to meet the harsh conditions of consumers "both want, want, and want", but also form brand differences through details and bring some unexpected joy. So if you buy a car 300,000 budget, what aspects do you value most and which model will you choose? Which new car market conditions do you want to see? You are welcome to leave a message in the comment area, our car purchase investigation team is always ready. (Text/Autohome Guo Chen, Yao Yu)

　　During the "meal" period of a restaurant, takeaways waiting for "departure" are filled with the desk Photographer/Intern, Huang Jiating

　　The scale of the Internet catering market has doubled, and the problem of disposable tableware pollution is also very serious. It is reported that Meituan and Ele.me, two major takeaway platforms in China, have launched "Qingshan Plan" and "Blue Planet Plan" environmental protection plans respectively. However, some people believe that in dealing with the problem of takeaway waste, the takeaway platform can play a limited role. In addition, catering companies, disposable tableware manufacturers, and consumers should share the corresponding responsibilities to improve the environmental protection problems caused by takeaway lunch boxes.

　　Big data shows that 3 out of every 10 Chinese people are takeout users, generating more than 20 million takeaways every day. In the next ten years, the socialization, intensification and industrialization of kitchens will see tremendous development, and the problem of disposable tableware pollution will also come.

　　survey

　　How much takeaway waste can be generated every day?

　　At around 11:30 noon, the deliveryman Xiao Liu hurried into a commercial building at Wudaokou. He didn’t have time to wait for the elevator, so he chose to climb the stairs to pick up the food at the gourmet food stall on the third floor. At this time, in the stairwell leading to the food stall, there were already many delivery guys running up and down like meteors, and the atmosphere was quite tense.

　　The peak delivery period is called "rice mouth" by the delivery brothers. In the delivery hotspot – a university campus, during the "rice mouth" period, the delivery frequency of a delivery brother can reach 4 to 5 times, and the order volume for one delivery is about 4 to 5 copies. In terms of takeaway restaurants, according to the observation of the Beijing Youth Daily reporter, taking the rice noodle takeaway as an example, the order volume during the "rice mouth" period is 16 to 25 copies. The standard package includes a pair of chopsticks, a plastic spoon, a plastic round bowl, a plastic round bowl lid, and a plastic bag. If the user’s order requires soy sauce, vinegar, or chili peppers, another 3 to 5 plastic bags will be generated. According to the statistics of standard orders, a "rice noodle takeaway" will generate 16 to 25 meals of lunch box waste.

　　In this food stall, there are a total of 14 merchants, each with an order volume of about 20 to 50 copies. Taking each standard lunch box as an example, the food stall produces 840 to 2,100 fast food lunch boxes in one "meal".

　　In contrast, the number of takeout orders from large chain restaurants is even more impressive. According to the owner of a restaurant chain specializing in northwestern flavors: "We have about 4.40 million takeout orders a year. According to the average order of four lunch boxes, we should use 17 million lunch boxes a year." The owner admitted that for restaurants, the most concerned is how to ensure that takeout is delivered to customers within 25 minutes to an hour, and that the color, aroma, taste and shape of the dish are basically unchanged when it comes out of the pot. "We have also tried paper lunch boxes," he said. "But Chinese food and beverage forms are particularly rich and complex, and the cartons with soup and water do not penetrate for more than a few minutes. It cannot be achieved in an hour."

　　Data from Xinhua News Agency: Our country has more than 20 million takeaways every day. But the amount of waste generated is also worrying. The used lunch boxes are stacked up enough to go three and a half times from the earth to the International Space Station, and the plastic bags can cover 168 football fields.

　　current situation

　　The rapid development of takeout brings garbage problems

　　According to the "China Plastic Products Industry Production and Marketing Demand and Investment Forecast Analysis Report", the cumulative output of plastic products in our country 30.47 million tons in January-May 2017, with a cumulative increase of 3.8%. The growth of plastic products is inseparable from the rise and development of emerging industries such as takeaway. At the "Takeaway Food Packaging Safety and Environmental Protection Seminar" held recently, Zhou Lili, a senior engineer in the comprehensive business department of the China Plastics Processing Industry Association, introduced that plastic products account for a large proportion of disposable tableware. China’s current total amount of disposable tableware plastics belongs to a large consumer group in the world. But in fact, if the per capita is calculated, we are not the largest consumer, but the United States should be the largest consumer.

　　Just how big the Chinese takeout market is can be seen by looking at the data released by the two major takeout platforms.

　　Meituan comments on big data show that the national takeaway industry has developed rapidly in 2016: in 2016, the overall transaction volume of the takeaway industry reached 130 billion, it is expected to break through 200 billion in 2017, and it will climb to 300 billion scale in 2018. From the user perspective, 3 out of every 10 Chinese people are takeaway users. Ele.me expects the takeaway market to break through 700 billion in 2020.

　　According to the analysis, the top reasons why Chinese users choose online takeaway are busy with work and no time to cook, unwilling to cook at home, preferential activities for takeaway, delicious meals for takeaway, bad weather, and lifestyle habits. Among them, the fast pace of work and time constraints are the main reasons for users to order takeaway. 42.7% of users choose takeaway to solve work meals, and 21.8% of users are unwilling to cook at home.

　　measure

　　The "no utensils required" option doesn’t work well

　　Takeaway food delivery companies are very concerned about the problem of tableware waste. Recently, Meituan Dianping and Ele.me have started to trial the "no tableware" service, which is to add the "no tableware" option on the APP order page, where the tableware refers to disposable chopsticks. It is understood that Meituan Takeaway launched the "Qingshan Plan" this year, establishing the post of chief environmental protection officer to encourage customer engagement in "bring your own tableware" activities and reduce the use of disposable tableware such as chopsticks and napkins. At the same time, for catering companies that promise to use "environmentally friendly lunch box packaging", light up the environmental protection logo and add screening items. Consumers can screen with one click and invite consumers and professional organizations to supervise catering companies that promise to use "environmentally friendly lunch box packaging".

　　This year, Ele.me launched the "Blue Planet" program, adding a "no tableware" note option on the order confirmation page of the new version of the APP, and providing points rewards for users who choose "no tableware". The Ele.me points mall will open an environmental protection area for users to use points to claim desert public welfare forests and redeem environmentally friendly shopping bags. At present, Ele.me has reached preliminary cooperation intentions with well-known environmental protection organizations such as the Alxa SEE Foundation.

　　But it is understood that the trial effect is not very satisfactory. Some merchants would rather spend time and effort on diners’ taste preferences for fear of making mistakes, such as less sugar, less oil, no cilantro, etc., but when it comes to the question of whether to put chopsticks, they are "rather trusting them than not trusting them". "What if the customer gives me a bad review? I have to send someone to deliver it again, and the labor cost has risen again."

　　Some analysts believe that in dealing with the problem of takeaway waste, the takeaway platform can play a limited role. Only catering companies that provide takeaway services, manufacturers of disposable tableware, and consumers can assume corresponding responsibilities, and all parties can work together to improve the current environmental protection problems caused by takeaway lunch boxes.

　　expert opinion

　　Waste tableware should be recycled

　　Zhou Lili, a senior engineer in the comprehensive business department of the China Plastics Processing Industry Association, pointed out that plastic products are a relatively contradictory product, which facilitates our lives, but also brings environmental protection problems. Zhou Lili suggested that the relevant departments formulate a rule on how to recycle these discarded catering utensils, how to regenerate them, and how to manage them well. "We also recommend centralized inspections in some key regions and setting up some recycling points. Of course, this cost should be based on the production enterprises, distributors, and the model of white polystyrene lunch boxes. This is a contribution to environmental protection. In addition, we still recommend using degradable materials as much as possible in the future when conditions are available."

　　Meng Suhe, chairperson of the Chinese Society of Food Science and Technology, said that in terms of the safety and environmental protection of takeaway lunch boxes, catering platforms should actively formulate entry thresholds, guide catering enterprises to choose qualified, safe and environmentally friendly lunch box products, and eliminate catering enterprises that do not pay attention to environmental protection and safety. For lunch box manufacturers, Meng Suhe believes that due to the characteristics of Chinese cooking and consumption, it is necessary to actively produce lunch box products suitable for Chinese takeaway use, and ensure their environmental protection attributes and product quality.

　　Shang Guiqin, director of the National Key Laboratory of Food Contact Materials (Changzhou), believes that food delivery companies can formulate industry standards for the fast food industry, unify the requirements of lunch box standards, select manufacturers and suppliers that can meet the standards, and make environmental protection choices from the perspective of social responsibility.

　　Financial Observation

　　Just by "advertising"

　　It is difficult to solve the problem in the short term

　　The pollution problem of fast food boxes has recently become a hot topic of public opinion. Experts say that the amount of plastic used in the United States far exceeds that of our country, but the public opinion in the United States is not hot about pollution. From a certain perspective, our citizens’ concern for environmental protection has made the fastest progress in the world.

　　It is commendable that the two food delivery companies have taken the lead in environmental protection measures and found ways to remind users to appropriately reduce the use of disposable dining products. These efforts have not only reduced the pollution of disposable tableware in our country, but also made the corporate culture and corporate image of two responsible large enterprises.

　　In the next ten years, the socialization, intensification, and industrialization of kitchens will see tremendous development, and the problem of disposable tableware pollution will also develop rapidly. There is no time to wait. If we only rely on the publicity of these enterprises, we will definitely not be able to solve such a huge social problem in the short term.

　　According to Ele.me, although the "no tableware" option is designed on the APP, and some people do check this option often, many merchants still provide tableware for each takeaway. The reason is that it is very troublesome to selectively remove some tableware from the order, and the second is that if there is a mistake, the customer’s request for supplementary tableware will increase the cost. Also, in case the customer reneges, he dares not not to send supplementary tableware. So this environmental protection measure worth boasting has become a decoration.

　　Therefore, to solve the problem of white waste, we must first rely on the consciousness of the people. How to quickly improve the awareness of the people’s environmental protection is the key to the problem. In fact, without the promotion of these companies, everyone who has the habit of ordering takeout frequently will definitely be able to express a lot of profound insights on environmental protection issues. But whether they are willing to do it by themselves, and whether they are willing to exchange their own little trouble for a greater improvement in the living environment of the whole country’s citizens is another question.

　　Our reporter, Zhao Xinpei, intern, Huang Jiating

　　　After a wave of Wang fried, "far ahead" has begun to appear "interlaced" (interlaced like mountains, no) phenomenon. Now, Huawei’s wave of "breaking the sky" has been used in the new M7 Dading gameplay: in early October, Huawei announced the new M7 worth 30,000 yuan Dading rights and interests, and soon made a commitment to the market to delay the delivery of subsidies of 200 yuan/day. On the basis of the order surge, the drainage of "welfare on the top is guaranteed" was formed again. The market continued to be hot, and the cumulative Dading has exceeded 70,000 units in the 45 days of listing! Triggered netizens to ridicule, Huawei just issued "benefits", regardless of their own pressure gameplay, giving the marketing market another lesson.

　　Rights and security "together" Huawei is playing heartbeat?

　　For a long time, the official listing of new cars will focus on "welfare" promotions, in order to win good market sales. Huawei has found a new way to stand on the "consumer side" and let the rights and protection of the new M7 go together!

　　In terms of "welfare", Huawei’s new M7 rights and interests: (Time: 10.8-10)

　　① Dading enjoys 5,000 yuan to deduct 8,000 yuan, and the balance is reduced or exempted;

　　② Give away 12,000 yuan worth of inner and outer decoration matching gold;

　　③ Enjoy a matching right worth 15,000 yuan (as described below);

　　Max Smart Driving Edition users can deduct the optional ADS2.0 urban pilot NCA function in equal amounts;

　　Plus rear drive version users can equally choose a technology comfort package worth 15,000 yuan;

　　Users of all models can also choose a combination of rights and interests worth 15,000 yuan (21-inch wheels worth 10,000 yuan and original rear-installed boutiques 3 choose 1)

　　Shortly after the release of the 30,000 yuan rights and interests, the care plan for consumers to "back the bottom" was immediately released: Wenjiexin M7 users who completed the big payment before November 30, 2023 (inclusive), the order status on the AITO App from the date of "the delivery plan has been confirmed" to the date of "the vehicle has arrived at the store", if the corresponding waiting period in the table below is exceeded, the cash subsidy for car pickup will be obtained according to the number of days (the date the vehicle has arrived at the store – the date the delivery plan has been confirmed – the waiting period). The overdue subsidy standard is 200 yuan/day, up to 10,000 yuan.

　　Two policies have come out one after another, allowing consumers to call "fun", creating a "Mate7 moment" in which the new M7 is set to break the 70,000 in 45 days. Even Yu Chengdong, executive director of Huawei, CEO of end point BG, and chairperson of smart car solutions BU, has to go to the factory to supervise production and quality control. He also personally made a commitment to the market: currently, the Sailis smart factory is working overtime, the entire supply chain has invested more than 1 billion new funds, increased more than 20,000 people, and the new production shifts are 22 hours a day, going all out to ensure delivery! Directly let consumers praise "this wave, stable"!

　　Not only is it smart and safe, but the space is also beyond your imagination

　　After 25 days on the market, 50,000 orders will be broken, 60,000 orders will be broken in a month, and 70,000 orders will be broken in 45 days. Naturally, this splash of orders cannot be achieved solely by "welfare" and "rights and interests". People are increasingly discovering that the new M7 backed by Huawei is not only full of sincerity, but also extraordinary in the fields of intelligence and security. Even regular items such as space and interiors are impressive.

　　The length, width and height of the five seats of the new M7 are 5020 × 1945 × 1760mm respectively. Huawei creatively uses the "room acquisition rate" to tell the market that the body size is not equal to the large space, and the effective interior space is the point that needs to be paid attention to. The five seats of the new M7 have the best effective interior space in the same class, and the "room acquisition rate" of 66.3% leads the same class. The length of the car is 3338mm, which is better than the excellent ideal L7 and BMW X5L in the same class. Each position is very spacious. The trunk depth is 1100mm, and the standard volume can reach 686L, which can easily accommodate 12 20-inch boarding boxes. After the second row of seats is reclined and connected to the trunk, the maximum depth is expanded to 2051mm, which can form a loading space of 1619L, easily accommodate 30 20-inch suitcases, and with the 52L storage compartment of the trunk, the ultimate space efficiency meets the loading needs of family cars. At the same time, the new M7 enjoys a more flexible six-seat layout, providing consumers with more car purchase options.

　　In terms of seats, the new M7 focuses on family travel scenarios and comprehensively optimizes the driving experience. The five seats are standard with new "marshmallow" seats, 10 layers of comfortable stacked design, and the total thickness of foam is 100mm; the standard four seats are equipped with ventilation, heating and massage functions, each seat is as comfortable as first class. Through Xiaoyi smart assistant, the double-row nap function of the main and co-pilot can be activated by voice. Enjoy six seats with new zero-gravity seats, allowing users to relieve fatigue while riding, as if they were in a space capsule, bringing ultimate comfort and relaxation experience.

　　Backed by Huawei, I thought that the product power of the new M7 in the world was far ahead, but after it went on the market, I found that the original Dading gameplay was also unparalleled. In fact, apart from the surface look of the kernel, these "unattainable" all stem from Huawei’s always standing at the starting point of the user, resulting in the popular fried chicken in the automotive circle and the new M7 in the world. At present, all rights and interests are in place, and the opportunity must not be missed. If you are interested in the new M7 in the world, speed up and rush!

Volvo pulled out of the pole star and its share price soared by 30%.

Volvo Car announced that it will no longer provide funds for Polar Star and plans to reduce its holdings. The reduced shares will be mainly taken over by Geely.

In the past, some analysts believed that Volvo held a large number of polar stars, which dragged down Volvo.

The market reaction confirmed this view, and Volvo’s share price soared just after the announcement.

Volvo pulled out and its share price soared.

Volvo Car (hereinafter referred to as Volvo) announced that it would stop blood transfusion to Polar Star and adjust its shares.

At present, Volvo is evaluating the distribution of shares in Polar Star to its shareholders, and Geely Sweden is the potential main recipient.

Some analysts believe that Geely will replace Volvo’s position as an important shareholder of Polar Star.

For Volvo’s reduction, Geely responded that it supports Volvo to concentrate resources on developing itself.

Geely also stated that it will continue to provide comprehensive business and financial support for Polar Star.

Geely also added that supporting Polar Star will not make Geely reduce its holdings of Volvo. This will be added, because only last month, Geely reduced its holdings of Volvo.

Volvo currently holds 48% of the shares of Polar Star. Some analysts once thought that holding such a high share was a burden for Volvo.

The market proved that this was the case. After Volvo announced its withdrawal from Polar Star, its share price once rose by 30%.

The share price of Polar Star once fell more than 15%, and its market value shrank by nearly 86% compared with the highest value.

The polar star, which just announced layoffs not long ago, is now worse, and the recent situation is in sharp contrast with Volvo.

Volvo is in a good situation, but Polar Star is in a bad situation.

On February 1st, Volvo released its performance report, which showed that its global sales in 2023 was 708,000 vehicles, driving the company’s revenue to increase by 21% year-on-year to 399.3 billion Swedish kronor (equivalent to about RMB 275.9 billion).

Excluding joint ventures and associated companies, the company’s basic operating profit is about 17.694 billion yuan, up 43% year-on-year.

What is even more rare is that the transformation results are also good:

Volvo sold 113,000 pure trams last year, up over 70% year-on-year, and the sales volume of plug-in hybrid vehicles was 152,000, up 10% year-on-year.

Simply calculate, the sales volume of Volvo’s new energy vehicles accounts for over 37.4% of the total sales volume.

Jim Ron, CEO of Volvo Cars, summed it up:

In 2023, Volvo’s revenue and profit reached new highs, which was an important milestone on the company’s transformation road.

In 2017, Polar Star, a joint venture between Volvo and Geely, did not perform well last year.

The annual sales volume was only 54,600 vehicles, and the total loss in the first three quarters was equivalent to RMB 5.27 billion.

Just announced 15% layoffs last week, saying that "the market is full of challenges", and it is necessary to adjust the business scale to cut costs and reduce blood transfusion of Geely and Volvo.

The poor performance of Polar Star is partly due to insufficient attention to the domestic market. The financial report in the first quarter of last year showed that its revenue share in China was only 1.4%.

Polar Star realized the problem, and in order to cater to the preferences of consumers in China, the new polar star 4 was designated as an SUV model.

In view of the local development in China, it was built on the vast platform of the same model SEA, the chassis was tuned by Volvo, and considering the intelligent competitiveness, Meizu’s Flyme Auto was installed on the car core.

It can be seen that Geely assembled the main battle for the battle of Polar Star 4.

In June 2022, the market value of IPO rushed to the pole star of nearly 197.3 billion yuan, which ushered in a dream start, but it was abandoned by "Swedish fellow villagers" less than two years later.

With the withdrawal of Volvo, the problem of polar star is more directly placed in front of Geely case. Geely has gained more direct equity, so it is necessary to try to make Polar Star shine again.

Editor in charge: Ruofeng