Geely Star Wish is equipped with the "Unbounded Space" platform to open a new era of intelligent small electric vehicles

Recently, Geely Automobile officially announced that its small pure electric vehicle Geely Star Wish will be equipped with a new "Unbounded Space" smart car cloud entertainment platform, marking the entry of small pure electric vehicles into a new era of "car cloud integration". This platform supports unlimited expansion of massive applications, users can play games through mobile phone simulation controllers, and supports a number of AI functions, which significantly enhances the intelligent configuration of the car.

The "Unbounded Space" system has built-in Tencent App Treasure. Currently, it supports 20 application downloads including NetEase Cloud Music, QQ Music, Autonavi Maps, Baidu Maps, etc. It is expected that by the end of 2025, it will be able to adapt to 300 + mainstream applications. The system adopts Xingrui Smart Computing Center, real-time audio & video streaming technology and network fluctuation tail technology to change the running carrier of the car from the local to the cloud, freeing up the computing power and storage space of the car. In addition, the system deploys 1.50 billion billion cloud computing power per second, and ensures the smooth use of the car and machine system through millions of terabytes of cloud data storage capacity.

Through the deep integration of the Galaxy Flyme Auto intelligent cockpit system and the "Unbounded Space" intelligent vehicle cloud entertainment platform, Geely Star Wish is expected to improve the current situation of the industry with poor intelligent level of small cars and enhance the market competitiveness of new cars in the field of small electric vehicles. Geely Star Wish’s pre-sale price is 7.88-10 7,800 yuan. We will continue to pay attention to the latest developments of this car.

The launch of Geely Star Wish not only shows the latest progress of Geely Automobile in the field of intelligence, but also indicates that the small electric vehicle market will usher in a new round of intelligent upgrading. With the continuous advancement of technology and the growing demand for intelligence from consumers, Geely Star Wish is expected to become the new favorite of the small electric vehicle market.

Volvo S60 domestic pre-sale price exposure from 288,000 yuan.

    [XCAR Information Original]

    It will be officially launched in China tonight. Recently, a dealer revealed the pre-sale price of this model in China. (|) Six models will be launched.The pre-sale price range is 288,000-529,800 yuan.. Equipped with 2.0T and 3.0T engines respectively, Volvo S60 will be imported into China, which is far lower than the media’s previous expectations from the pre-sale price. See the following table for the price of specific models:

Volvo S60 model Official guide price (ten thousand yuan) 2.0T Zhishang Edition 28.80 2.0T Comfort Edition 30.50 2.0T Zia Edition 33.98 2.0T Zhizun Edition 36.98 3.0 T6 Zia Edition 42.98 3.0 T6 Zhizun Edition 52.98 Aika Auto Network Tabulation www.xcar.com.cn 

Volvo New Volvo S60

Volvo New Volvo S60 Volvo New Volvo S60
Volvo S60

    In terms of power unit, import domestic Volvo S60 in advance.T6 engine and 2.0GTDi engineThe T6 engine has a displacement of 3.0 liters, a maximum output power of 304 HP and a maximum torque of not less than 440Nm. And inS60 2.0TIn fact, it is equipped with a combination of GTDi in-cylinder direct injection gasoline turbocharged engine and Powershift six-speed powershift. Its maximum power and torque are 203 HP and 300Nm respectively, and the acceleration score of manual vehicles is 7.7 seconds.

Volvo New Volvo S60
Volvo S60

Volvo Volvo S60
Volvo S60

    Security configurationThe new car comes standard with 6 airbags, tire pressure monitoring, ESP body stability system, brake assist, seat belt unfastened reminder, City Safety urban safety system, active steering xenon headlights and daytime running lights, among which the top model is equipped with ACC adaptive cruise, automatic braking pedestrian collision warning, more deviation of the channel and driver drowsiness reminder.

Volvo New Volvo S60

Volvo New Volvo S60 Volvo New Volvo S60
Volvo S60 Interior

    It is worth mentioning thatThe new Volvo S60 comes standard with the new City Safty function, which can effectively prevent vehicles from colliding when driving at low speed in the city (within 30 kilometers per hour). At the same time, S60 is equipped with a brand-new pedestrian detection system, which detects moving or stationary pedestrians through sensors to avoid collision with pedestrians. This function can work normally within 35 km/h..

Volvo Volvo S60
Volvo S60

    Other aspects of comfort configurationThe new Volvo S60 comes standard with electric leather sports electric heating seat (the driver’s seat has memory function), automatic dual-zone air conditioning, electric heating automatic folding rearview mirror, multi-function steering wheel, DVD player, central display and GPS navigation.

Volvo New Volvo S60
Volvo S60

    Editor’s comment:Previously, the media expected that the starting price of Volvo S60 might be around 320,000 yuan. After all, this is an imported model with a starting power of 2.0T. In the end, Volvo may give us a big surprise. The price of 288,000 yuan is already very attractive for S60. We should know that the starting price of the domestic (|) 2.0T model with good cost performance is also 309,800 yuan.

 


Volvo S60 domestic pre-sale price exposure from 288,000 yuan.


 

    Extended reading:Let the tiger go back to the mountain! Volvo Future China Strategy Release

    2011-02-25 In Beijing, China, Volvo Car Corporation announced and launched its development strategy in China in the next five years, includingEstablish two production bases in China, Chengdu and Daqing, and Shanghai headquarters base, and achieve the goal of 200,000 vehicle sales and 20% luxury car market share in China in 2015..

Volvo China Strategy Conference
Volvo’s China Strategy Release in the Next Five Years

Volvo China Strategy Conference
Volvo Car China Strategy Conference Site

    For the future development of Volvo in China, especially how to deal with the relationship between Geely and Volvo in China, I think these are all of your interests.On this issue, Aika Automobile also interviewed Mr. Li Shufu, the global chairman of Volvo Car Company.He said: We will continue to strictly implement "Geely is Geely and Volvo is Volvo ".. After brainstorming, careful study and extensive argumentation, we have worked out a very correct business strategy for China.The next task is to release the tiger to the mountains, restore Volvo cars to their former glory as soon as possible, further enhance its tradition of "Nordic design, global luxury brand" and adhere to its core concept of "safety, low-key and high-grade".

Volvo China Strategy Conference
 Mr. Li Shufu, Global Chairman of Volvo Car Company

Volvo China Strategy Conference

    Mr. Li Shufu, Global Chairman of Volvo Car Company, Mr. Stefan Jacoby, Global President and CEO of Volvo Car Company, Mr. Freeman Shen, Global Senior Vice President and Chairman of China District of Volvo Car Company, and all senior executives of China District of Volvo Car Group attended the conference.

Volvo China Strategy Conference
Volvo Car China Strategy Conference Site

    Mr Stefan Jacoby, President and CEO of Volvo Cars Worldwide, announced that the board of directors and global management of Volvo Cars approved the Chengdu base and supported the implementation of the Daqing base, but ultimately it needed the approval of the China government. At the same time, Volvo Car Company decided to speed up the construction of Shanghai headquarters and China technology center.

Volvo China Strategy Conference
Mr. Stephen Jacobs, President and CEO of Volvo Cars

    Mr. Li Shufu, the global chairman of Volvo Car Company, said: "I and other members of the board of directors are very satisfied with the work achievements made by Mr. Jacob, the global management and all Volvo employees in the past few months. Now we have formulated the development strategy for such a vital market as China, and the European and American markets have made a very good start this year. Now it is time for us to act."

Volvo China Strategy Conference
Group photo of guests at Volvo Car China Strategy Conference.

    Mr. Jacob said: "China is the second domestic market for Volvo cars, which plays a vital role in the success of Volvo cars. After the successful delivery on August 2, 2010, Volvo Cars immediately launched extensive investigation and research to formulate the development strategy of Volvo Cars in China in the next five years. Our goal is to reach 200,000 units sales and 20% market share of China luxury car market in 2015. "

Volvo China Strategy Conference
Mr. Freeman Shen, Senior Vice President of Volvo Cars and Chairman of China District.

    In order to implement the China strategy, a brand-new organizational structure of China was also announced. Mr. Freeman Shen is the global senior vice president and chairman of Volvo Car Group in China; Mr. Tong Zhiyuan is the CEO of China District; Mr. Wang Zhaoxing served as President of China District; Mr. Lars Danielsson is the vice president in charge of production and quality control in China; Richard Snijders is the President and CEO of China Sales Company of Volvo Car Group. Volvo Car’s business structure in China has grown from a national sales company to a full-featured business group, with business scope ranging from product development, manufacturing, quality control, procurement, sales, marketing and customer service to investor relations, finance, law, human resources and public affairs.

Xiaomi car is coming? Xinjiang road test was photographed.

Xiaomi Automobile, which disappeared from Lei Jun’s fourth annual speech, has recently emerged on social platforms.

An online posting is eye-catching. On the 18th, boss Jia Wei, a blogger of Xiaohongshu, said that he met four Xiaomi cars on the urban expressway from Urumqi to Changji. He said that Xiaomi’s posture is really good, equipped with yellow calipers and sharp interior center console edges.

One day later, on the afternoon of August 19th, Lei Jun released a Weibo, saying that he would test the Leica optics, four shots and five focal lengths of Xiaomi MIX Fold 3. The photo was taken beautifully, and it also showed the shooting ability of Xiaomi MIX Fold 3. However, careful netizens found that Lei Jun’s IP territory of Weibo at that time was in Xinjiang.

At the same time, Lu Weibing, president of Xiaomi Group, also sent a Weibo in Xinjiang with the caption: "Two people are in pairs".

Seeing that the two men were writing at the same time, netizens suddenly felt "enlightened" and began to guess that Xiaomi’s executives were gathering in Xinjiang to do something big. Attentive netizens found that after enlarging the photo taken with Lei Jun when he sent Weibo, the slogan of everyone holding banners was "Fight for Xiaomi Automobile".

From this blatant hint, everyone also speculated that Xiaomi car is about to go public.

In addition, Hu Yinan, the investment partner of Shunwei Capital of Leijun Shenchuang Investment Company, was also suspected to test drive Xiaomi Automobile on the 19th.

He posted a Weibo saying that he was tricked by engineers. At eight o’clock in the evening, he threw a tram with a remaining battery life of 152 kilometers and asked him to take three strong men back to their destination 85 kilometers away, with an ambient temperature of 37 degrees. After arriving at the destination, the remaining mileage shows that there are still 90 kilometers, and the energy consumption is 8.8 kWh.

Hu Zhengnan said: "I simply underestimate my golden right foot and step on a straight line for you. Anyone who wants to see a joke can’t laugh. 」

A few days ago, a group of photos suspected of Xiaomi car battery pack information circulated. According to the picture information, the battery pack has a capacity of 101kWh and a weight of 642kg. The rated voltage is 726.7V, and the rated capacity is 139Ah. The battery is Contemporary Amperex Technology Co., Limited’s Kirin battery.

Combined with these two groups of news, this tram with 800V high-voltage fast charging technology driven by Hu Zhengnan may really be a Xiaomi car.

Alex, a digital blogger, analyzed the driving performance of cars. He said that this set of data is horrible: "It is really strong to be able to maintain 8.8 kWh/100 km within 50 km in an environment of four people and 37 degrees. Moreover, from the curve, most of the time it is accelerating, or even accelerating sharply, and only the last 10 kilometers have a little kinetic energy recovery …800V can achieve this power consumption, which is a bit scary. 」

If Hu Yinan’s data is true, Xiaomi’s 8.8-degree 100-kilometer power consumption is really amazing.

Comparing with the popular trams equipped with 800V platform in the market, the power consumption of Tucki G6 is about 13-15 degrees, that of Lotus Eletre is about 21.53 degrees, and that of Extreme Fox Alfa S is about 17.1 degrees.

The small trams Hongguang MINIEV and Baojun KiWi EV only consume 8 degrees and 11.8 degrees of electricity per 100 kilometers.

In terms of price and delivery, digital blogger Hao Bo broke the news. He said: "Xiaomi Auto will be released at the end of the year and will be delivered in the first quarter of next year. The price is currently set at 180,000, focusing on intelligent driving, and there will be a slightly higher-priced intelligent driving version. 」

Lei Jun did not talk about the concrete progress of Xiaomi’s car-making plan at the annual speech. It is more reliable to say that the first half of next year is the official release opportunity of Xiaomi Automobile, according to the new trip He Lei.

In May of this year, Lu Weibing, president of Xiaomi Group, also revealed that Xiaomi Automobile will be officially listed in the first half of 2024. At the same time, Xiaomi’s official timetable to the outside world has also been listed in the first half of 2024.

As for why Lei Jun didn’t talk about building a car, the reason is still trapped in qualifications. He Lei said: "The original plan did announce something about Xiaomi, but we need to be silent before the qualification is officially down. 」

Judging from the hints of bloggers’ "concentrated disclosure" and Xiaomi executives’ "beating around the bush", it seems that Xiaomi Auto will be listed soon. At least, in this series of actions, we see that Xiaomi is confident in the car-making business. In addition, the market is also full of expectations for the listing of Xiaomi Automobile.

"People’s democracy in the whole process" and "dynamic clearing" … The first press conference of the National People’s Congress of the two sessions responded to these hot questions

At 12 o’clock today (March 4), the Fifth Session of the 13th National People’s Congress held a press conference in the Press Room of the Great Hall of the People. Zhang Yesui, a spokesman for the conference, introduced the agenda of the conference and answered questions from Chinese and foreign journalists on issues related to the work of the NPC.

Zhang Yesui responded to hot issues such as "dynamic clearing", "people’s democracy in the whole process" and "Sino-US relations".

Announce the agenda of the Fifth Session of the 13th National People’s Congress.

Zhang Yesui introduced that there were 2,951 deputies to the 13th National People’s Congress. At present, 2,801 people have reported to the Congress, and all preparations for the Congress have been made. The six-and-a-half-day conference opened on the morning of March 5th and closed on the morning of 11th, with 10 items on the agenda.

Talking about legislative work: paying more attention to improving quality and social effect

Zhang Yesui introduced that in the past year, the NPC and its Standing Committee strengthened legislation in key areas, emerging areas and foreign-related areas, and paid more attention to improving the quality and social effects of legislation while speeding up legislation.

On epidemic prevention and control: "dynamic zero clearing" is not the pursuit of "zero infection"

Zhang Yesui introduced that "dynamic zero clearing" is a prevention and control policy put forward on the basis of adhering to the general strategy of "external defense input and internal defense rebound" and earnestly summing up the experiences and lessons of various places. It mainly includes three aspects:

1. Take the initiative to find the source of infection in time.

2、Take public health or social intervention measures quickly, track and manage secret contact personnel, and cut off the transmission route.

3. Effectively treat patients.

Zhang Yesui also said that "dynamic zero clearing" is not to pursue zero infection, but to control the epidemic as soon as possible. Facts have proved that this practice is in line with the actual situation in China, and the approach is correct and the effect is good. No matter from the figures of diagnosis and death, or from the data of economic development, China is one of the most successful countries in epidemic prevention work in the world.

Talking about democracy: democratic and undemocratic practice is the most convincing, and the people have the most say.

Zhang Yesui introduced that there are two key words in the whole process of people’s democracy, one is people’s democracy and the other is the whole process. In the whole process of developing people’s democracy in China, there are not only complete institutional procedures, but also complete participation in practice.

In addition, Zhang Yesui also said that democracy is not an ornament, not for decoration, but for solving problems that people need to solve. A country is democratic and undemocratic, practice is the most convincing, and the people of this country have the most say. Democracy is not the best, only better. China is willing to exchange and learn from other countries on the basis of mutual respect, and constantly enrich and improve the achievements of human political civilization.

On the election of deputies to the National People’s Congress: fully embodying the wishes of the overwhelming majority of the people

Zhang Yesui introduced that the people’s congress system is the fundamental political system of China. The principle of combining direct elections with indirect elections has the widest universality and representativeness, and fully reflects the wishes of the overwhelming majority of the people. There are five deputies to the National People’s Congress in China, all of whom are democratically elected for a term of five years.

Talking about Sino-US relations: Taking China as a strategic competitor will only undermine mutual trust and cooperation between China and the United States.

Zhang Yesui said that mutual respect, peaceful coexistence and win-win cooperation should be the correct way for China and the United States to get along in the new era. The key to peaceful coexistence is mutual respect. Win-win cooperation is in the fundamental interests of the two countries and peoples and is also the expectation of the international community. How the United States can improve its own competitiveness is its own business. Taking China’s development as an excuse and taking China as a strategic competitor will only undermine mutual trust and cooperation between China and the United States, and will certainly harm its own interests. Draw a line with ideology, draw a "small circle" and engage in group confrontation, all of which are contrary to the development trend of the times and simply won’t work.

On neutral relations: there is no so-called economic coercion in China.

Zhang Yesui said that the Lithuanian government has seriously violated the one-China principle and the political commitment made by China when it established diplomatic relations in a neutral way. It is completely justified and inevitable that the China government will respond resolutely to this. At present, the responsibility for the problems in the relations between the two countries lies entirely with the cube. In international trade, China never discriminates against any country or enterprise, and there is no so-called "economic coercion". China hopes that the EU will take an objective and fair stance and will not escalate the issue of neutrality to the level of China-EU relations.

Talking about vaccines: China is the country that provides the most vaccines to foreign countries.

Zhang Yesui said that up to now, China has provided more than 2.1 billion doses of vaccines to more than 120 countries and international organizations, accounting for one-third of the total vaccine use in the world outside China, and it is the country that provides the most vaccines to foreign countries.

China will continue to insist on developing countries as its main partners in vaccine cooperation. Some enterprises in China have cooperated with many developing countries to produce and can vaccines, and signed joint vaccine production agreements with many developing countries, initially forming an annual production capacity of more than 1 billion doses.

On "Foreign Sanctions Law": a defensive measure to deal with containment and suppression.

Zhang Yesui said that China’s Anti-Foreign Sanctions Law is a special law with strong directionality and pertinence, and the word "anti" stands out. China’s anti-foreign sanctions law is a defensive measure to contain and suppress, which is essentially different from the "unilateral sanctions" of some countries.

Producer: Lu Yi

Producer Zhang Yuan

General Desk reporter Wang Nan Fan Jing

Today’s beginning of spring | Do these 3 points in health care and live up to the good times in spring.

This article is transferred from [China CDC trends];
Click on "China CDC News" above to subscribe!
Today ushered in the first of the 24 solar terms-beginning of spring.
"Stand, built also. Spring begins and is established. "Keeping in good health in beginning of spring is a wonderful beginning for a whole year.
The sunrise wind and hangover wake up, and the mountain family is happy for the rest of their lives.
The snow is abundant in the past three years, and the suburbs are warm and green in spring.
-(Song) Excerpts from Lu You’s beginning of spring Day
Spring cattle spring staff, infinite spring breeze to the sea.
Then with the spring workers, dyed pink like meat red.
-(Song) Excerpts from Su Shi’s "Minced Magnolia beginning of spring"
There are three periods in beginning of spring: "when the east wind thaws, when the stinging insects start to vibrate, and when the fish get cold".
The east wind warmed up and the earth began to thaw. After five days in beginning of spring, the dormant insects slowly woke up in the cave. After five days, the ice in the river began to melt and the fish began to swim on the water.
☆ Health should protect the liver ☆.
The three months of spring are the season of bringing forth the old and bringing forth the new and sprouting life.
The attribute of five elements in spring is "wood". "Mu Yue Qu Zhi", that is, upward growth and outward stretching, has the characteristics of growth and rising hair, and the functional characteristics of "liver" in five internal organs are similar to those of gasification in spring.The liver has the function of regulating emotions and dispersing qi, so spring corresponds to the "liver" in the five internal organs.
In order to relieve liver qi, people should get up early, dress loosely and exercise properly in this season to make their spirits relaxed and keep their vitality in the body.Don’t be overworked or angry, otherwise it will easily damage the liver. Please put away three ways to nourish the liver.
one Sleep nourishing liver
After beginning of spring, the days became longer and the nights became shorter. In order to adapt to this day and night change,You can go to bed late and get up early appropriately, but you should also pay attention to "getting up early is not before the crow, and getting up late is not after sunrise". Generally, you should go to bed no later than 23: 00, and it is best to go to bed at 22: 00.Ensure sleep during this period, which is beneficial to the maintenance of liver and gallbladder.
2 Exercise nourishing liver
Huangdi Neijing says that in spring, "lying at night and getting up early, striding in the court" requires that people should take proper exercise in the morning in spring, thus contributing to the regulation of liver-qi and the growth of yang.Baduanjin, a fitness skill, is a very suitable choice for middle-aged and elderly people. Practicing Baduanjin regularly is an effective way to keep the liver healthy.
three Eat sweet and nourishing the liver
In spring, the yang rises, and the metabolism of the human body is also vigorous. Neijing holds that "acrimony and sweetness diffuse into yang", so it is advisable to eat more acrimony and sweetness in spring diet to help the liver-qi disperse and avoid sour products.
Sweet and sweet herbs can be dispersed into yang to nourish the liver,Warm food is good for protecting yang, such as onion, coriander, leek, jujube and peanut.Blue food often enters the liver meridian, which has the effect of clearing liver fire.Those who are prone to hot spring can eat more green vegetables, such as celery, spinach, cucumber and bell pepper.
☆ Prevention of Four Diseases in beginning of spring ☆
It’s early spring in beginning of spring, so it’s chilly in spring, so it’s not advisable to cut clothes too quickly. Moreover, because people’s liver qi rises, it is easy to cause recurrence of old diseases at this time, especially the following four diseases, and everyone must pay attention to prevention.
1 Hypertension
Traditional Chinese medicine believes that the onset of hypertension is too related to the rise of "liver qi" and "liver yang". Spring is the season of liver and wood. Anyone with hyperactivity of liver yang is particularly prone to headache and dizziness in spring.
Therefore, once patients with hypertension feel dizzy and head pain, they should not only monitor their blood pressure, but also adjust their antihypertensive drugs in time under the guidance of doctors, and pay attention to a light diet.Control the intake of salt, cholesterol and fat, strictly quit smoking and limit alcohol, and prevent and treat hypertension and its complications. This kind of patients, in the diet, should mainly prevent liver yang from rising too much, and eat more foods such as acidic convergence.
2 peptic ulcer
Huangdi Neijing holds that liver qi is easy to attack the stomach and suppress the spleen, so spring is also a season of recurrent gastric and duodenal ulcers, which may cause symptoms such as bloating in the upper abdomen, pain, frequent belching, acid regurgitation and loss of appetite, and even bleeding and perforation.Therefore, the spleen and stomach should be fully nursed back to health in spring.
3 mental illness
There is a folk saying in our country that "cauliflower is yellow and idiot is busy".Spring is the season of high incidence of mental diseases, so we should pay attention to the prevention and treatment of mental diseases in spring, pay more attention to psychological care and care, and never interrupt drugs without authorization.
fourChronic liver disease
Spring is the best time to nourish and protect the liver, and it is also the season with frequent liver diseases. At the same time, spring is also the best time to treat liver diseases. Liver wood is flourishing in spring, and the qi of liver wood is flourishing. At this time, effective treatment can achieve twice the result with half the effort.Drink less, be less angry and move more, so that the whole body and mind can return to a natural state, which is conducive to nourishing the liver.
Beginning of spring today.
A new year has begun.
May you enjoy a wonderful holiday.
Live up to spring.
Find infinite vitality!
(Source: Healthy China)
Reporting/feedback

Promote the further expansion of automobile consumption

Analects of Finance and Economics

Author: Wang Qing (Deputy Director and Researcher, Institute of Market Economy, the State Council Development Research Center)

Automobile is a large-scale and relatively high commodity in China’s consumption market, and it is also an important field for the continuous upgrading of residents’ consumption structure. To effectively expand and better release automobile consumption, we should grasp the new changes, trends and requirements in the automobile market, and speed up filling shortcomings, unblocking points and optimizing the environment.

At present, China’s automobile consumption has obviously accelerated, and there are many bright spots in market growth, which is the "highlight" of national and local consumption promotion. Driven by a number of policies, the automobile market has obviously warmed up. From January to October this year, a total of 23.97 million vehicles were sold, up 9% year-on-year, and the growth rate increased by 4.5 percentage points over the same period; The total retail sales of automobile products was 3.9 trillion yuan, accounting for 11.3% of the total retail sales.

At the same time, the upgrading trend of automobile consumption structure is obvious. Statistics show that the proportion of sales of models below 100,000 yuan continues to decrease, and the proportion of middle and high-priced models above 100,000 yuan continues to rise, especially luxury brand models above 300,000 yuan continue to sell well, with a year-on-year growth rate of over 30%. The consumption heat of new energy vehicles continues to climb. From January to October, a total of 7.28 million new energy vehicles were sold, up 37.8% year-on-year, accounting for more than 60% of the global sales in the same period. In October, the sales volume approached the million-vehicle mark, and China became the world’s largest new energy vehicle consumption market for eight consecutive years. Automobile exports continue to maintain a high growth trend. In the first 10 months of this year, China exported a total of 3.92 million vehicles, up 60% year-on-year, including about 1 million new energy vehicles, which doubled last year and is expected to become the world’s largest automobile exporter this year.

From the general law of automobile consumption in developed countries, there is generally an "S"-shaped change between the car ownership per thousand people and the per capita GDP, and there are three stages: introduction period, popularization period and maturity period. In the popularization period, it will experience two stages of high-speed and medium-speed growth, and the dividing point is about 100 cars per thousand people. After crossing the 100-vehicle mark in 2014, China’s automobile ownership has gradually turned to medium-speed growth, and has exceeded 200 vehicles in 2021. After turning to the medium-speed growth stage, the market increasingly presents two prominent characteristics: first, the potential growth rate of automobile demand, that is, the growth rate that potential demand can actually support, gradually falls back; Second, the main driving force to promote the growth of automobile consumption has shifted from the demand for first-time car purchase to the demand for upgrading. It is estimated that by 2030, China’s automobile market will still maintain a growth rate of about 3%, and in the past two or three years, it will be roughly at the level of 4%~5%, and automobile consumption still has great growth potential.

From the structural point of view, the structural change of automobile demand has begun to strengthen the supporting role of sales. The first is the replacement and update demand brought by consumption upgrading. At present, nearly 100 million private cars in China have reached or exceeded 6 years old, and they have entered a large-scale renewal cycle. Updating 1% every year can drive considerable sales. In 2022, about 60% of China’s automobile sales will be purchased or replaced. The second is the demand for new energy vehicles led by technological progress. The market share of new energy vehicles is 20% to 50%, which is the fastest growing stage. It is predicted that by 2025, the market share of new energy vehicles in China will reach 50% and the annual sales scale will reach 15 million. Third, the demand for cascade expansion supported by the rural market. From 2018 to 2022, the average number of family cars per 100 households in rural areas increased from 22.3 to 32.4, with an average annual growth rate of 12%, twice the growth rate of towns in the same period, and it is in the fastest stage of increasing the number of cars per 1,000 people. The fourth is the related consumption demand of automobile aftermarket expansion. The personalized and fashionable consumption of young consumers is rising day by day, and the demand for car modification and beauty is very strong, with great growth potential.

To effectively expand and better release automobile consumption, we must conform to the new characteristics and general trends of automobile consumption and market, speed up the filling of consumption shortcomings, unblock policy blockages, and optimize the market environment.

Actively promote the upgrading of old models. Combined with local policy experience, promote the adjustment and upgrading of automobile stock and stimulate incremental consumption. Appropriately increase the replacement subsidy and increase the reward for upgrading fuel vehicles to new energy vehicles. Promote the abolition of unreasonable restrictions on second-hand car transactions, further facilitate second-hand car transactions in different places, and promote the standardized and large-scale development of the second-hand car industry.

Continue to expand the consumption of new energy vehicles. Accelerate the planning and construction of charging facilities, and accelerate the charging facilities to enter communities, highways, scenic spots and public parking lots (parking spaces), effectively alleviating mileage anxiety and charging anxiety. Accelerate the research and development of related technologies and further reduce the cost of car purchase and car use.

Accelerate the activation of rural automobile consumption market. Improve rural roads, gas stations, charging stations and other infrastructure conditions, guide the sinking of automobile distribution and service networks, and realize the synergy of automobiles and services to the countryside. Promote the precise management of pickup trucks, and clarify regulations such as annual inspection, scrapping and high-speed charging.

Orderly release the market consumption demand after the automobile. Promote the standardized, transparent and efficient development of automobile parts circulation, promote the upgrading of automobile maintenance services, and accelerate the construction of new energy vehicle maintenance technical standard system. Build a multi-level automobile race pattern, orderly release consumer demand such as automobile beauty, and activate the aftermarket consumption potential of automobiles.

Focus on optimizing the automobile consumption policy and environment. Optimize the tax rate of automobile purchase tax and consumption tax, and effectively promote automobile echelon consumption. Strengthen the construction of urban smart transportation and create a good car environment. Strengthen comprehensive financial support for automobile consumption services.

Guangming Daily (15th edition, November 23rd, 2023)

Source: Guangming Net-Guangming Daily