56,800-class Wuling Binguo SAIC-GM Wuling New Energy Another Hard Goods

When entering the society, the income is generally not too considerable. At this time, an economical and cost-effective model is often the most suitable. Domestic cars have always been concerned, and today is one of them. So whether this car is a mule or a horse, let’s take a look at its actual performance.

Let’s take a look at the appearance of Wuling Binguo first. The shape of Wuling Binguo front looks elegant and very recognizable. Paired with headlights, it looks quite beautiful. The car is equipped with LED daytime running lights, etc. Coming to the side of the car body, the size of the car body is 3950MM*1708MM*1580MM, and the car body adopts eye-catching lines, which gives people a very fashionable and sporty feeling. With large-sized thick-walled tires, it gives people a very dynamic and lively feeling. In the design of the rear end, the rear end looks hard, and the taillights look very dynamic. Overall, it is quite unique.

In terms of interior, the interior looks very simple, and the overall design atmosphere is still in place. The steering wheel design of the car is very young, and it is made of leather, which gives people a bright feeling. From the central control point of view, the central control screen with 10.25-inch touch-sensitive LCD makes the interior style impressive and looks quite concise. Let’s take a look at the dashboard and seats again. The dashboard of this car presents a fashionable and atmospheric design style with a sense of science and technology. The car adopts imitation leather seats, and the seat wrapping is in place, and the overall comfort and wrapping are not bad.

Wuling Binguo is equipped with a motor with a total power of 50KW and a total torque of 125N.m, with good acceleration, excellent cruising range and good power performance.

The performance of Wuling Binguo trunk space is relatively good, the opening size is in line with the positioning of its family car, and the family’s storage needs can be met. In addition, the car is equipped with anti-lock braking system (ABS), LED daytime running lights, brake assist (EBA/BAS, etc.), braking force distribution (EBD), traction control (ASR/TCS, etc.), main driver airbag and co-pilot airbag.

Do you have a lot of ideas after reading today’s story? This class of cars can often give consideration to both cost performance and practicality, and is often considered by most consumers as the first choice when buying a car.

Hongguang live, the car reappears, Wuling Hongguang pure electric version is officially pre-sold from 69,800 yuan

  On September 6, the legendary model Wuling Hongguang of SAIC GM-Wuling ushered in the 14th anniversary of its listing, and also opened another glorious milestone moment. "Hongguang is live, the magic car reappears" – Wuling Hongguang pure electric version officially started pre-sale today. The new car launched two versions of practical and standard models with a cruising range of 300km, and the official pre-sale price is 69,800 yuan – 72,800 yuan.

  From now until before listing, users can place an order through Wuling Automobile APP, Wuling Automobile Mini Program and other online channels to enjoy the triple gift of pure electric pre-sale. Including preferential booking gifts, paying a deposit of 1,000 yuan can deduct 2,000 yuan from the purchase of the car; car replacement gifts, old car replacement can enjoy 5,000 yuan replacement subsidy; economic call gifts, 3.5kW AC charging pile (excluding installation) will be given when purchasing the car.

Hongguang live, God car reproduction, Wuling Hongguang pure electric version 69,800 yuan from the official pre-sale _fororder_image001

  As the iconic model of Wuling Motors, Wuling Hongguang is not only a witness to the glorious history of the enterprise, but also an indispensable and important part of the enterprise’s development strategy. 14 years ago, Wuling Hongguang, a "first-generation magic car", was born. With its strong product strength of "leather solid and durable", it quickly led the market segment, and its peak monthly sales broke through 80,000. It has accumulated more than 5.91 million strivers to provide wealth creation cars, and has become the world’s largest rear-drive MPV in one fell swoop. Times are changing, and Wuling’s original intention of providing wealth creation cars for every generation of strivers remains unchanged. From "national car" to "the first model under the native architecture of new energy commercial vehicles", the launch of Wuling Hongguang pure electric version is not only another milestone in the development of Wuling Motors, but also a concrete embodiment of the company’s practice of "what the people need, Wuling will build" concept.

  Inheriting the classics: a model of leather durability that exceeds the national standard

  Wuling Hongguang pure electric version inherits the fine tradition of Wuling commercial vehicle "durable leather", and adopts the strict standards far exceeding the national standard to build, 14 kinds of vehicle collision conditions, 80 kinds of vehicle misuse conditions, a total of 160 + tests, over 200,000 kilometers of high-intensity road tests, one by one far exceeding the national standard Wuling standards, creating the durable Wuling Hongguang. Relying on Wuling Motors’ more than 40 years of professional design experience in commercial vehicle chassis, Wuling Hongguang pure electric version’s chassis has undergone decades of rigorous verification in the market to ensure excellent stability at high speed and the safety of emergency lane changes. The car body is designed with a nine-horizontal and two-longitudinal structure, with high-strength steel accounting for more than 56%. Especially in the critical areas of occupant protection, 1500 MPa hot-formed steel is used to build a strong safety protection system.

Hongguang live, God car reproduction, Wuling Hongguang pure electric version 69,800 yuan from the official pre-sale _fororder_image003

  Iterative upgrade: deepening the advantages of pure electricity

  The Wuling Hongguang pure electric version has been iteratively upgraded. With the design concept of new pragmatism, it cleverly integrates inductive elements to reshape the classic, achieving a perfect balance of beauty and practicality. And it is optimized with 14 low wind resistance details to achieve lower wind resistance. With the "Wuling Red No. 1 Battery" specially developed for China’s new energy commercial vehicles, the golden battery life of 300km under CLTC conditions is jointly achieved. In addition, the new car also provides three versatile classic colors of polar white, clear sky silver and tungsten steel gray for consumers to choose from.

Hongguang live, God car reproduction, Wuling Hongguang pure electric version 69,800 yuan from the official pre-sale _fororder_image002

  Wuling Hongguang pure electric version accurately locates the user request of commercial vehicles. Its high-efficiency 32.6-degree battery pack can drive 8.26km per kWh of electricity, effectively balancing low cost of use and long battery life. The new car comes standard with fast and slow charging. Under normal temperature conditions, fast charging can be charged from 30% to 80% in 30 minutes, ensuring worry-free driving around the clock. At the same time, flexible charging compatibility allows users to charge at any time without restrictions. Smart booking of trough charging through the APP saves worry and money, further reducing the cost of using the car. The ultra-low cost of use as low as 6 cents per kilometer is only 1/8 of the cost of traditional fuel vehicles. The cost of use saved in two years is equivalent to earning back an extra car, bringing real economic benefits to users.

Hongguang live, God car reproduction, Wuling Hongguang pure electric version 69,800 yuan from the official pre-sale _fororder_image005

  Reproduction of the magic car: easy to use new scenes to create new heights of wealth

  Wuling Hongguang pure electric version perfectly integrates the practicality and comfort of pure electric rear-drive MPV with long axis and large space, flexible and changeable layout and excellent loading capacity. The body size of the new car has reached 4515mm long, 1725mm wide and 1790mm high, and the wheelbase is up to 2850mm, providing users with an unprecedented spacious driving experience. While the size of the new car is upgraded, the interior layout is further optimized, which not only greatly improves the utilization rate of interior space, but also ensures that every passenger can enjoy ample head, leg and shoulder space.

Hongguang live, God car reproduction, Wuling Hongguang pure electric version 69,800 yuan from the official pre-sale _fororder_image004

  Not only that, the Wuling Hongguang pure electric version also provides five-seat (2 + 3) and six-seat (2 + 2 + 2) seat layout options. The second row of seats in the five-seat version can be folded flexibly and can be easily expanded to 3.3m 3 of rear compartment space; while the six-seat version pays more attention to the diversity of rides and the efficient use of space. The three rows of seats can be folded flexibly, and the maximum expansion space can reach 2.8m. With the knee-level threshold and the ultra-wide square door opening, the convenience and efficiency of loading and unloading are improved. Whether it is large furniture or wide-body objects, it can be easily entered and exited, saving time and effort.

Hongguang live, God car reproduction, Wuling Hongguang pure electric version 69,800 yuan from the official pre-sale _fororder_image006

  In addition, the 75kW high-power electric drive system on the vehicle is combined with the rear-mounted rear-drive system, which not only provides strong power support, but also gives the vehicle excellent climbing ability and stability. Whether it is urban roads or complex road conditions, it can be used with ease, helping users achieve their dreams of wealth creation.

  In terms of safety, Wuling Hongguang pure electric version is fully equipped with ABS anti-lock braking system, EBD electronic braking force distribution system and LED headlights and other active safety configurations. It is also equipped with a main driving airbag and an 8-inch floating central control screen, which makes reversing clearer and provides a full range of active and passive safety protection for drivers and passengers. The new car is upgraded to automatic transmission, and the driving experience is more smooth and comfortable.

Hongguang live, God car reproduction, Wuling Hongguang pure electric version 69,800 yuan from the official pre-sale _fororder_image007

  With its huge sales and service network, Wuling Hongguang has once again demonstrated its ultimate commitment to user service. More than 2,800 outlets cover 98% of prefecture-level cities across the country, providing 24/7 online response services, promising to respond within 3 minutes and leave the car within 10 minutes to ensure that users can enjoy fast and worry-free maintenance services anytime, anywhere. At the same time, it is equipped with advanced smoke sensors, 24h monitoring of thermal runaway, 2 seconds response to abnormal situations and alarm, all-round protection of user driving safety.

Hongguang live, God car reproduction, Wuling Hongguang pure electric version 69,800 yuan from the official pre-sale _fororder_image008

  Fourteen years after Wuling Hongguang went public, it once again stood at the forefront of the times with a new attitude and started a new journey in the new energy era. The launch of Wuling Hongguang pure electric version is not only an important innovation for Wuling Motors in the field of new energy commercial vehicles, but also a comprehensive reflection of the multi-faceted advantages of the Wuling brand. SAIC-GM Wuling will continue to adhere to the principle of building cars for the people, relying on its profound technical heritage, excellent product quality, and extensive sales channels, and continue to deepen its exploration and layout in the field of new energy commercial vehicles, and is committed to becoming a popularizer and leader in this field. Wuling Hongguang pure electric version of real cars will come to the store one after another, and sincerely invite users to visit and experience. ( Source: SAIC-GM Wuling

The price reduction of Xingyue L Zhiqing in Hefei area hit, with a reserve price of 152,700! Today’s juhui

Welcome to [car home Hefei Preferential Promotion Channel] to bring you the latest auto market trends. At this moment, we especially reveal an exciting preferential information for you-the high-profile models are undergoing a big price reduction promotion in Hefei. It is understood that car buyers can enjoy a cash discount of up to 0.7 million yuan, which has reduced the minimum starting price of this star model to 152,700 yuan. This is a good opportunity to buy a car. For those who want to know more details and strive for higher discounts, please be sure to click the "Check the car price" option in the quotation form below to grasp this rare discount moment in time.

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In terms of lateral lines, Xingyue L Zhiqing shows an elegant and dynamic design, with a body length of 4,795 mm, a width of 1,895 mm, a height of 1,689 mm and a wheelbase of 2,845 mm, providing passengers with sufficient internal space and comfort. Both the front and rear wheel tracks are 1610mm, which ensures the stability and driving quality of the vehicle. Tyre size is 235/50 R19, with unique rim design, which not only enhances the fashion sense of appearance, but also gives consideration to driving performance and durability.

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The interior design of Xingyue L Zhiqing pays equal attention to luxury and technology, creating a comfortable and practical driving environment. The steering wheel wrapped in exquisite leather provides a good grip and ergonomic design, supports manual up and down+front and rear adjustment, and facilitates the driver’s personalized setting. The 12.3-inch central control screen stands in the center, with clear display and convenient operation. It integrates multimedia system, navigation, telephone, air conditioning and other functions, supports voice recognition control, and greatly improves the convenience of driving.

In terms of seats, Xingyue L Zhiqing is made of imitation leather. The seat cushion is wide and supports front and rear adjustment, backrest adjustment and multi-directional lumbar support. The driver’s seat is also equipped with heating and ventilation functions to ensure the comfort of long-distance driving. In addition, the driver’s seat has an electric memory function, the passenger seat also supports front and rear adjustment, and the second row of seats can independently adjust the backrest angle to meet the riding needs of different passengers. The rear seats support proportional tilting, providing rich storage space flexibility. These configuration details highlight the intention and practicality of Xingyue L Zhiqing in interior design.

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The intelligent engine of the car system Xingyue L is a 1.5T turbocharged engine with a maximum power of 120kW and powerful output power. This engine also has a maximum torque of 255 Nm, which ensures the smooth dynamic performance of the vehicle in daily driving. It is matched with a 3-speed DHT transmission, which further improves fuel economy and driving comfort.

Summarizing the evaluation of car home car owners, Xingyue L Zhiqing has won praise for its unique charm of front face design and low wind resistance effect brought by streamlined body, and the shape of the wheel hub has added a sport and fashion. The careful design of these details has undoubtedly improved the overall driving experience and visual enjoyment of Xingyue L. For consumers who pursue quality and driving pleasure, Xingyue L Zhiqing is undoubtedly a trustworthy choice.

Consumption "spring" is new, "Ning" enjoys a good time! Nanjing Consumption Promotion "Four Seasons Appointment" Action Plan Launches

Promote consumption "four seasons have an appointment", rejuvenate spring and enjoy life.

On March 16, under the guidance of the Special Office of the Ministry of Commerce in Nanjing and the Department of Commerce of Jiangsu Province, the "2023 Nanjing International Consumer Festival · Ning Enjoy a Good Time" sponsored by the Nanjing Municipal Bureau of Commerce and the People’s Government of Gulou District was officially launched. This spring, focusing on the four themes of "Home Beauty, TA Beauty, Store Beauty, and Life Beauty", the city’s 12 sectors are linked with urban areas and government and enterprises to provide consumers with a rich and diverse spring consumption feast.

Since the beginning of this year, our city has deeply implemented the "Four Seasons Appointment" action plan for consumption promotion, closely following the characteristics of four seasons of consumption, grasping key consumption nodes, and continuing to carry out consumption promotion activities throughout the year to achieve "monthly activities, seasonal characteristics, and full-year results". At present, traffic counting and turnover in key business districts in Nanjing have shown double-digit growth, and the "Small Store Plan" has benefited more than 100,000 city small stores. The city’s consumer market has recovered and exceeded the level of the same period in 2019.

Government and enterprise platforms join hands to connect, and the consumer market is full of vitality

"Restaurants queue up, shopping malls’block people ‘, Xinjiekou is really’people from the crowd’" "You have to queue up wherever you go on weekends, Nanjing is too popular…" Recently, Nanjing’s consumer market has been hot, and social platforms have opened up, and "clock in notes" about Nanjing are everywhere.

Popularity is booming, the market is hot, and consumption is on fire. Since the beginning of this year, Nanjing’s major business districts have continued to usher in peak passenger flow. Reporters visited and found that not only weekends, but also many shopping malls in Xinjiekou business district are very popular on working days, and long queues of Internet celebrity stores have become the norm. Monitoring data from the Municipal Bureau of Commerce shows that traffic counting and turnover in key business districts in the city have shown double-digit growth, and the consumer market has recovered and exceeded the level of the same period in 2019.

The floral scenery is pleasant, and we will go to a good spring together. The "2023 Nanjing International Consumer Festival – Enjoy a Good Time" series of activities closely follow the characteristics of spring consumption. The government and enterprise platforms join hands, online and offline, to enrich activities, high-quality supplies, characteristic scenes, and awesome discounts, igniting the enthusiasm of spring consumption in the whole city.

The Municipal Bureau of Commerce and many shopping malls in Xinjiekou business district held the 2023 Nanjing Xinjiekou International Beauty Festival, using fresh gameplay and real discounts to release new momentum of "beautiful economy". Data show that in the past week (March 6 to 12), Xinjiekou Central, Xinbai, Golden Eagle and Ocean 4 commercial complexes attracted a total of 1.30 million passengers, an increase of about 24% year-on-year in 2022, and a turnover increase of about 15% year-on-year.

Last weekend, the brand-new spring theme exhibition of Xinbai Mall attracted many consumers to come to the clock in, cosmetics, gold jewelry, spring clothing and other preferential activities effectively promoted the public’s enthusiasm for consumption. According to the relevant person in charge of Nanjing Xinbai, since the beginning of this year, the passenger flow of Nanjing’s consumer market has rebounded rapidly. In addition to local citizens, tourists from other places in Nanjing are also a "new force" for consumption.

"Small Shop Plan" relay upgrade, deeply empowering thousands of stores

On the evening of March 16, the Whale Watching Plaza in Nanyi Backstreet, Gulou District was blazing with neon and bright lights. Cars with open trunks and beautifully decorated stalls were neatly lined up to form a unique small shop market, attracting many consumers to watch and shop.

The mobile micro-shops represented by the car trunk cultural market and the small shop market not only enrich the consumption supply of the city, but also carry the entrepreneurial dreams of the managers.

"Last year, the characteristic market in Nanjing was in full swing, and this year I also joined the army of entrepreneurs." Ms. Chen, the owner of the girl’s flower house, told reporters that the introduction of the "small shop plan" in Nanjing to encourage the development of small shops has given her confidence in her own business. "I hope the government can continue to support the market and give entrepreneurs more stages to realize their dreams."

At the end of last year, our city launched the "Small Store Plan", which has benefited more than 100,000 urban small stores so far. On the basis of the five major actions implemented in the early stage, our city upgraded and launched the "Great Small Store" plan. Through six measures of financial empowerment, digital intelligence empowerment, innovation empowerment, resource empowerment, scene empowerment, and publicity empowerment, we have effectively reduced costs and increased efficiency for the development of small stores, gathered gas and drainage, and helped thousands of stores to shine, heat and shine.

Douyin life service platform launched more than a thousand "great store" heart-warming live broadcasts; Meituan platform launched the "great store" prosperity plan; Xiaohongshu platform launched the "great store" street renovation plan; launched millions of digital people for OurHours, all-weather, all-scene live broadcasts… Our city will take the Nanjing International Consumer Festival as an opportunity to pilot the construction of a small store digital RMB preferential consumption scene; jointly launched public welfare stores, green stores, fashion stores, health stores and other themed stores; encourage all small stores to innovate and develop mobile micro-stores, participate in the trendy and popular car trunk culture market and container sharing stalls, and create Internet celebrity landmarks.

During the consumption festival, our city will also focus on promoting 100 specialty shops in 10 characteristic streets and lanes, and hold community consumption promotion activities such as Shimmer Night Market and Chaotian Palace National Consumption Festival, so that citizens and tourists can appreciate the "beauty of small shops" in Nanjing.

Travel to Nanjing and go to spring together, shopping and entertainment are done with a "picture"

Delicious and fun, one-click sharing of benefits, convenient information in one hand, and free sharing, clock in, navigation, and enjoy the charm of Tesco Nanjing. The reporter learned that the "Nanjing Consumption Map" has been officially launched on the WeChat official account of Nanjing Consumption, and the "picture" of food, accommodation, travel, shopping and entertainment is done.

Spring is a good time for all things to grow and go out for fun. During the "2023 Nanjing International Consumer Festival · Enjoy a Good Time" event, the government, enterprises and platforms are linked around the four themes of "Home Beauty, TA Beauty, Store Beauty and Life Beauty". The city’s various sectors have innovated organizational forms and carried out colorful consumption promotion theme activities to present a "Spring Consumption Feast" for citizens and tourists.

Jiangbei New District launched activities such as digital RMB consumption red envelopes and home shopping raffles to create the first digital RMB experience business district on a pilot basis; Xuanwu District held special theme consumption activities such as weddings, fashion, cultural tourism, and sports in urban parks, commercial complexes, characteristic streets, and digital platforms; Qinhuai District organized commercial bodies and commercial enterprises in its jurisdiction to hold automobile consumption festivals and home appliance consumption festivals, driving the popularity of large-scale consumption markets such as automobiles, home appliances, and home appliances; Jiangning District organized a tea culture festival, created a beautiful rural outdoor camping scene, and issued spring digital currency consumption coupons to stimulate new vitality in spring consumption.

How to find the right pace for beginners? Attached to the runner’s pace rating table

As a beginner runner, whether you run alone or with other friends or groups, you may need to record the mileage you have run. Many runners will try to use mobile APP or watch to record their heart rate (watch), calories consumed, running distance and average speed during running, not to mention those experienced runners wearing various new equipment.

Most of the topics that experienced runners usually talk about are interval time, interval running or lactate threshold. But these contents may not help you, because the most confusing question for most beginners is probably how fast should I run? How far should I run?

| What is pace? |

Pace is the time we need to run every kilometer.

This speed is not the speed of your sprint, but the whole running process, trying to make the runner’s physical strength get the most reasonable distribution through the most appropriate speed, so as to complete the whole running process in the shortest time.

It is the most important ability in endurance running.

Here are some tips for beginners to find the pace that suits you best. Andrew casto, a professional running coach from the United States, gives you some secret tips, which can help you find the right pace quickly and improve your running ability step by step.

Don’t be fooled by the saying that running is easy. Running requires not only your legs, but also your brain. It’s no use running with your head down. Knowing how to explore the rules in daily training and competition and finding the pace that suits you through repeated trials is the key to improving your running strength and PB breakthrough.

1. Let your breath guide your steps.

"Beginner runners should focus on making running comfortable and relaxed, so that running can be carried out under aerobic conditions." If you run with your friends, the best way is to see if you can chat with your friends normally without breathing. If you feel tired of chatting or breathing too hard, you need to slow down your pace. If you are running alone, try talking to yourself to see how you breathe. In any case, if you feel breathless and panting and want to stop running, you need to slow down or even stop.

2. Take time as the measure, not distance.

Perhaps the easiest misunderstanding for beginners is to pay too much attention to the distance and always think about how to run longer and faster, while maintaining a fast speed. But in fact, the most important measure for beginners is time. If you pay attention to the time, you will find that every time you run, you can easily run longer than before, because in the process, your physical endurance and cardio-pulmonary ability are constantly improving.

And as you run longer distances, your pace will naturally decrease. Maybe you can only finish 1km in the first run, but with the gradual efforts and the improvement of physical fitness, you will find yourself able to finish 2km, 3km, 5km or even 10km or more slowly.

3. Adopt the method of running and walking.

The definition of walking is that you always have one foot completely on the ground, and the comfortable pace of walking is about 9:30/km (of course, walking at a pace of one hour will be uncomfortable and only suitable for short-distance walking). Running requires both feet to leave the ground at the same time at some moment. In fact, jogging is a relative concept, and there is no absolute definition. Usually, if your pace is lower than 9:30/km, you don’t need to run. It may be more efficient to walk under this condition. An ideal starting pace for a novice runner with a normal figure may be 7:30-8:00/km. Maybe you can’t run too far with this pace, so you can add some brisk walking to recover your physical fitness.

4. Listen to your body’s feelings

When you are running, an idea pops up in your mind and you feel that you are running too fast. That is probably the case. Your body will give you obvious signals that it is time to stop, so you need to pay attention to these signals at all times during running. Don’t push yourself too hard or run too often. If you do this, it is likely that the result will be injury.

Running is a happy thing, I hope everyone can enjoy the process.

Attached to the marathon runner control standard.

Mass runner grade standard

Professional runner grade standard

If your finish results are far ahead of the performance standards of the above-mentioned mass runners, then compare the following table to see the grade standards of professional runners:

| Men’s standard |

| Women’s standard |

The most complete marathon speedometer

Reasonable speed and rhythm plan is the key to ensure a smooth finish! On the marathon track, there are different runner modes, but there are usually these common pace runs: first fast and then slow, first slow and then fast, uniform, and segmented pace.

Everyone’s physical condition and motor function are different, and the corresponding pace will be different.

It is very necessary to adjust the pace that suits you according to your own objective factors such as sports function, physical condition and age level.

According to the standard of horse racing grade, which grade are you, old runners and drivers?

Production and marketing growth of automobile industry exceeded expectations

Positive effects appear and demand continues to be released-

Production and marketing growth of automobile industry exceeded expectations

According to the data of China Association of Automobile Manufacturers, in the first 10 months, China’s automobile production and sales reached 24.016 million and 23.967 million respectively, up by 8% and 9.1% respectively, and the automobile production and sales maintained steady growth. Experts believe that with the continuous emergence of the national steady growth policy effect, coupled with local car subsidies, promotional activities and other measures and the "tail-jumping" effect at the end of the year, the market demand of the automobile industry will continue to grow in the fourth quarter, which is expected to better achieve the annual target.

Create a new high in the same period in history.

Auto shows and promotions in many places in China are being carried out in the near future, new models are continuously released, and the number of passengers entering the store has increased significantly, further stimulating automobile consumption.

According to the data of China Automobile Association, the production and sales of automobiles reached 2.891 million and 2.853 million respectively in October, up by 11.2% and 13.8% respectively year-on-year. After September, the production and sales volume once again hit a new high in the same period of the month.

Chen Shihua, Deputy Secretary-General of China Association of Automobile Manufacturers, said that the automobile market is "golden September, silver and ten", and the automobile sales volume in October was basically the same as that in September, slightly lower than that in the previous month, achieving rapid growth year-on-year. In the first 10 months, the growth rate of automobile production and sales in China increased by 0.7 and 0.9 percentage points compared with the previous September.

This year, China’s automobile market has shown a gradual improvement trend. Cui Dongshu, Secretary-General of the Passenger Car Market Information Association, said that in the first two months, the automobile market was greatly affected by the Spring Festival and the withdrawal of subsidies. From March to May, it was driven by last year’s low base, and it surged year-on-year. From June to October, exports and domestic demand were strong, which promoted high growth. The recovery of commercial vehicles in China automobile market is strong, and the passenger car market continues to improve.

At present, manufacturers and dealers have entered the year-round target sprint stage, and the competition in the auto market has become increasingly fierce. Especially in the fourth quarter, some manufacturers have launched some impulse measures to gradually increase terminal promotion. With the increase of policy guidelines for the automobile industry at the national level, the automobile market is expected to achieve the annual target better.

Chen Shihua pointed out that the monthly law of automobile production and sales has a "tail-jumping" effect at the end of the year, and the base in the last two months of last year was low. From the recent research, this year’s "tail-jumping" will appear again. In the first ten months of this year, automobile sales increased by 9.1% year-on-year. In addition, automobile companies still have to be impulsive in the fourth quarter. It is estimated that the annual growth rate of production and sales will exceed the expectation of 3% at the beginning of the year.

Xu Haidong, deputy chief engineer of China Automobile Association, predicted that from the performance of the automobile market in the previous October, domestic automobile sales this year are expected to exceed 30 million, a record high.

The monthly production and sales of new energy is nearly one million vehicles.

Compared with the automobile market as a whole, the performance of new energy vehicles is more eye-catching.

In October, the production and sales of new energy vehicles were 989,000 and 956,000 respectively, up by 29.2% and 33.5% respectively, with a market share of 33.5%. In the first 10 months, the production and sales of new energy vehicles in China reached 7.352 million and 7.28 million respectively, up by 33.9% and 37.8% respectively, with a market share of 30.4%. The export of new energy vehicles was 995,000, a year-on-year increase of 99.1%.

"In October, the production and sales of new energy vehicles hit a record high, reaching a scale of nearly one million vehicles in a single month, and the market share exceeded 30% for six consecutive months." Chen Shihua said that the cumulative sales volume of new energy vehicles in China during the year has exceeded that of last year, and the market share has also exceeded 30% from 29.8% in September.

From the sales point of view, in the first 10 months, the sales volume of the top ten enterprise groups of new energy vehicles totaled 6.321 million, up 49.6% year-on-year, accounting for 86.8% of the total sales volume of new energy vehicles. Chen Shihua said that in the past few years, the market share of the top ten new energy vehicles was only 50% to 60%, and now it can be compared with fuel vehicles, which proves that the market concentration is constantly improving.

New energy vehicles have gradually become the main force in the auto market. The recently released 2023 Research Report on China Automobile Preservation Rate shows that the sales of new energy vehicles have increased substantially this year, and the market penetration rate has remained high, which has contributed more to the growth of domestic new car sales than fuel vehicles.

Rural market is the future increment of China automobile market. A few days ago, Minister of Commerce Wang Wentao said that it will continue to promote new energy vehicles to the countryside, and the whole chain will promote automobile consumption. According to industry insiders, with the further enrichment of vehicle supply, the improvement of intelligent+fast charging+long battery life experience and the reduction of cost, new energy vehicles will sink to a more competitive price range, which is expected to usher in a second increase in penetration.

Independent brands performed well.

In October, the independent brands of automobiles performed well and their market share further increased. Data show that in October, the sales volume of China brand passenger cars was 1.485 million, up by 25.1% year-on-year, and the market share reached 59.7%, up by 6.6 percentage points.

Chen Shihua said that last year, the market share of China brand passenger cars was 49.5%. Since the beginning of this year, this figure has remained above 50% and steadily increased, even approaching 60% in October.

In the field of new energy vehicles, the advantages of independent brands are more obvious. Except Tesla, the top ten manufacturers in the field of new energy sales are all independent brands. Cui Dongshu said that independent brands have achieved significant growth in the new energy market and export market, and the transformation and upgrading of traditional car companies have performed well, and the brand share of traditional car companies such as BYD, Chery, Changan and Geely has increased significantly.

With the increasing concentration of the domestic market, the domestic market tends to be relatively saturated, enterprises will look more overseas, and automobile exports will grow rapidly year-on-year.

The data shows that in October, China exported 488,000 cars, up 9.8% from the previous month and 44.2% from the same period last year. In the first 10 months, automobile exports reached 3.922 million, up 59.7% year-on-year. Among them, the export of traditional fuel vehicles was 2.927 million, a year-on-year increase of 49.6%; The export of new energy vehicles was 995,000, a year-on-year increase of 99.1%.

Chen Shihua pointed out that this year, domestic listed companies have taken the development of the international market as an important business strategy, not only by direct trade, but also by domestic car companies, including supply chain companies.

The research report released by Everbright Securities shows that the competition in the domestic automobile market is intensifying, and the market expansion demand of independent brands drives the domestic automobile exports to maintain a strong growth trend. Building factories and mergers and acquisitions are effective solutions to expand the scale of overseas production and marketing; Among them, the most localized development or the key factor of overseas layout. (Liu Wei)

Source: Economic Daily