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New Energy Vehicle Industry Morning Report

Sanyan Technology Summary

Yu Chengdong: As long as you are an honest and upright person, you will know that the Wenjie is a good car as soon as you drive it.

Today, Wenjie Auto held a ceremony to celebrate the 400,000th new AITO Wenjie car rolling off the assembly line and the 70,000th M9 delivery. Yu Chengdong, Chairman of Huawei's Automotive BU, personally delivered the car to the 70,000th Wenjie M9 owner at the event.

Yu Chengdong said in his speech: "Don't listen to the trolls on the Internet who deliberately slander us. Go drive it yourself, let professional drivers drive it, and you will know it after you try it. Anyone who is an honest person, a person who does not lie, and a person of integrity will know that the Wenjie is a good car once they drive it."

In addition, Yu Chengdong also said that some people say that the QX is the safest car, and he thinks it is well deserved. There was an incident in history where someone slandered the QX, and then the safety of the QX was retaliated against, and the QX M5, M7, and M9 became the safest SUVs in the world, without a doubt.

Yu Chengdong said that the use of a large amount of ultra-high-strength steel, submarine-grade structure, and aluminum alloy vehicle body design has made the passive safety of the WJ reach the best level in the industry. At the same time, the WJ has the strongest active safety capability in the industry, the strongest passive safety plus the strongest active safety, and it has absolutely achieved "those four words" in terms of safety.

BYD Formula Leopard 5 price cut by 50,000 yuan

BYD's Fangcheng Leopard announced today its one-year brand renewal strategy, with the price of Leopard 5 reduced by 50,000 yuan to a price range of 239,800 yuan to 302,800 yuan.

It is understood that Leopard 5 will be officially launched on November 9, 2023, and the official guide price at that time will be 289,800-352,800 yuan.

Chery Automobile launches 14-dimensional cost reduction measures

Chery Automobile recently issued 14-dimensional cost reduction measures within the company and simultaneously required suppliers to follow up, including design optimization, reducing the number of parts, using integrated parts, reducing unnecessary processing and transportation, improving the qualification rate, using new technologies, new materials, and new processes, and the management of suppliers has been transferred from the original management of first-tier suppliers to the management of second-tier and third-tier suppliers, vertical integration, etc. It should be pointed out that Chery Automobile requires in the document that cost reduction cannot relax the requirements for quality. (Yicai Global)

Will the rights to the vehicle models be reclaimed from August 1? Leapmotor: We are not aware of this and are verifying it

Recently, a PPT that is suspected to be from Leapmotor was circulated on the Internet and read: "In the heat of the automobile price war, Leapmotor has also become a highly watched participant. Starting from August 1, Leapmotor will make major strategic adjustments and recover the rights and interests of some models. This decision is not a follow-up move, but a well-thought-out strategic layout. Under the fierce competition of the price war, Leapmotor has always been seeking a balance, both to meet consumers' expectations for cost-effectiveness and to ensure the sustainable development of the company and the quality of its products." Leapmotor responded that it was not aware of this and was in the process of internal verification. (Yicai Global)

Toyota Motor Chairman: If approval rating continues to decline, job may be lost

Toyota Motor Chairman Akio Toyoda reportedly said he may not be re-elected as a director if his shareholder approval rating continues to decline.

At the company's annual general meeting last month, shareholder approval for Akio Toyoda fell to 72%. Before the vote, proxy advisers recommended that shareholders vote against Toyoda's re-election. By comparison, his approval rating for 2023 was 85%.

Akio Toyoda said that last month's result (72% approval rating) was also the lowest approval rating ever received by a director in Toyota's history. He said: "If this continues, I won't be able to be a director next year." (Global Market Report)

Lei Jun: Xiaomi Motors aims to be among the top five in the world and will go global at the right time

During the 2024 Paris Olympics, Lei Jun came to France as the first stop of his European research and interacted with local Mi fans.

A fan asked if it would be possible for Mi fans to buy the Xiaomi SU7 in France, perhaps before 2030? In response, Lei Jun said: "OK, our goal is to be among the top five in the world, so we will definitely go global at the right time." (IT Home)

Yu Chengdong denies being ordered to stop mentioning "far ahead": Those four words have been used so many times that I don't want to say them

Today, Wenjie Auto held a ceremony to celebrate the rollout of the 400,000th new AITO Wenjie car and the delivery of the 70,000th M9. Richard Yu, Chairman of Huawei's Automotive BU, revealed at the event that Huawei will officially launch the Huawei Advanced Intelligent Driving 3.0 version (i.e. ADS 3.0 version) in August. ADS 3.0 version will start to upgrade data on Wenjie M7 and Wenjie M9 in September.

In addition, Yu Chengdong once again denied that he was ordered to stop mentioning "far ahead" at the event. He said: "Those four words have been said too many times. I don't want to say them anymore. There is no mention of a fine."

The "far ahead" meme popularized by Yu Chengdong once caused doubts and controversy. In April, a media article said that Ren Zhengfei had issued a "ban" to Yu Chengdong within Huawei, and that he would be fined 10,000 yuan for every mention of "far ahead". However, Yu Chengdong quickly denied the news, saying it was a rumor.

Musk said that FSD function is expected to be opened to Cybertruck next month

According to reports, at an event on Sunday local time, Tesla CEO Elon Musk revealed that the latest version of FSD software v12.5 is expected to be available on Cybertruck next month.

Beijing Yizhuang issues auto consumption vouchers: Tesla and BYD can use them

According to the official WeChat account of Beijing Yizhuang, starting from August 1, Beijing Yizhuang will issue 4 million yuan in new energy vehicle consumption coupons. Consumers who purchase pure electric new energy vehicles can enjoy a discount of up to 5,000 yuan.

According to the introduction, “There are 12 car companies participating in this event, including Beijing Benz produced in the Economic Development Zone, as well as Tesla, BYD, Audi, BMW, etc.