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[Autohome industry] This week, many new cars have spread the latest news, which makes people feel that even buying a car in the latest year has to be prevented from "chopping hands".

Xu Jiayin, who hadn’t seen him for a long time, suddenly appeared for the Hengchi 5 platform. It seemed that Boss Xu really loved Hengchi cars. The new generation appeared, and he couldn’t afford it, so he could only get addicted to it, but then again, this car really had a little taste. After the Q1 financial report was released, it had to be said that it was really profitable, and the stock price will soon reach a historical high. Have you got on the bus?

More exciting, look down.

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Hot news this week

■ Release of 2022 Q1 financial report, automotive gross profit margin reached a new high of 32.9%

In cooperation with Horizon’s official announcement, some models in 2023 will carry Journey 5.

■ World premiere

■ ON Semiconductor China global distribution center closed due to the pandemic

■ Ningde Times EVOGO power exchange service was launched in Xiamen

■ Ask the world M7 exposure

■ MIIT sets up a "whitelist" of 666 companies operating in Shanghai

■ Zhiji L7 Dynamic version is listed, priced at 368,800 yuan

■ Xu Jiayin Experience Hengchi 5

■ Faurecia and Hella merge, announcing the Chinese name "Freya"

New car launch

■ Ask the world M7 exposure

A few days ago, the AITO brand officially released an official picture of the appearance of its M7 model. The new car looks more atmospheric as a whole and is expected to be released within the year.

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From the previous declaration chart, the length, width and height of the new car are 5020/1945/1775mm, and the wheelbase is 2820mm. At the same time, the car will adopt a six-seat layout.

In the power part, the new car will also be equipped with an extended range power system composed of a 1.5T four-cylinder turbocharger + a motor provided by Huawei. Among them, the maximum engine power is 92kW, and the motor rated power/peak power: 72kW/200kW.

■ World premiere

On April 20, the new 7 Series and pure electric sedan i7 were launched simultaneously in China, Germany, and the United States.

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The i7 design is inspired by China and is built using German craftsmanship. This is also the fifth pure electric model released in China, and the other four are iX3, i3, i4, and iX. In terms of body size, the i7 length, width and height are 5391 * 1950 * 1548mm, and the wheelbase is 3200mm. It is the largest 7 series sedan ever.

In the interior, the design of the front row of the new car is the same as that of the iX, but the car uses Qualcomm’s 8155 chip for the first time, and a 31-inch removable screen is added to the rear row to meet the entertainment needs of the rear passengers. The screen meets the playback effect of 8K video. Both iQIYI and Huawei Mall have entered the entertainment system.

■ Zhiji L7 Dynamic version is listed, priced at 368,800 yuan

On April 17, Zhiji Automobile announced the official listing of L7. After the price of L7 Pro version was announced on March 29 at 408,800 yuan, this time, Zhiji Automobile announced the price of L7 Dynamic at 368,800 yuan.

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Users who have not locked a single order can freely change the purchased model, and users who have locked a single order can also contact the user to change the model as needed. The deadline for locking orders for angel wheel users is May 29, and the deadline for closing orders for A round users is April 29. The deadline for locking orders is June 17.

In appearance, the length, width and height of the Zhiji L7 vehicle are 5098 * 1960 * 1485mm, the wheelbase is 3100mm, and the wind resistance coefficient is 0.21Cd. In addition, it is worth mentioning that the DLP light trace projection headlight equipped with the Zhiji L7 pro version has a projection resolution of 2.60 million pixels, and an AI vision chip with integrated 3 TOPS computing power. At the same time, the front and rear interactive lights of the ISC can realize 255-level brightness independent adjustment, two-color control, and 30000nits ultra-high brightness. It can realize lamp language interaction in scenarios such as navigation, distance reminder, power reminder, and pedestrian comity.

Attack on the OEM

In cooperation with Horizon’s official announcement, some models in 2023 will carry Journey 5.

On April 21, it was announced that it had reached a fixed-point cooperation with Horizon to install the Horizon autonomous driving chip Journey 5 on some of its models to create an integrated transportation solution and achieve high-level autonomous driving functions.

According to the plan, models equipped with Horizon Journey 5 will be launched as early as mid-2023. It also became the first car company to officially announce the use of Horizon Journey 5 chips.

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As of the end of 2021, the Horizon car-grade AI chip has been shipped 1 million pieces. Journey 5 is its third-generation car-grade chip, with a single AI computing power of up to 128 TOPS, supports 16-way camera perception computing, and can support the multi-sensor fusion, prediction and planning control required for autonomous driving.

On April 20, Horizon unveiled its high-speed NOA Pilot Assisted Driving solution. The system is called Pilot 3 and is equipped with three Journey 3 chips, with a total computing power of 15 TOPS. The sensor is equipped with six cameras, including one front view, one rear view and four side views, and uses high-precision maps from Autonavi.

■ Release of 2022 Q1 financial report, automotive gross profit margin reached a new high of 32.9%

On the 20th local time, the first quarter of 2022 earnings released by the United States showed that the company’s revenue in the quarter was 18.756 billion US dollars, an increase of 81% year-on-year. The gross profit margin of the automotive business was 32.9%, a record high.

According to the financial report, the company’s revenue in the first quarter was 18.756 billion US dollars, an increase of 81% year-on-year, exceeding market expectations of 17.80 billion US dollars. Net profit in the first quarter was 3.318 billion US dollars, far exceeding the 438 million US dollars in the same period last year. Revenue from the automotive business in the first quarter was 16.861 billion US dollars, an increase of 87% compared with the revenue of 9.002 billion US dollars in the same period last year. The gross margin of the automotive business reached a record 32.9%.

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The company said that part of the increase in revenue was due to an increase in the number of vehicles delivered and an increase in average selling prices.

CBS reported that in 2021, a record 936,000 vehicles were delivered, an increase of 87% from 2020. Earlier this month, it reported that the company delivered a record 310,000 vehicles in the first quarter of 2022, an increase of 68% year-on-year. On the earnings call, company CEO Elon Musk and CFO Zachary Kirkhorn said that this year remains confident that deliveries will increase by at least 50% on the basis of 2021.

■ Xu Jiayin Experience Hengchi 5

According to the official news of Hengchi Automobile, on April 21, three sets of Hengchi 5 appeared at the Guangzhou Hengda Center, and Xu Jiayin, chairperson of Hengda’s board of directors, and his management team experienced Hengchi 5 in an all-round way.

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According to Liu Yongzhuo, the former president of Hengchi Automobile, the work of Hengchi 5 is progressing smoothly, and the pre-sale is about to be fully launched. The first batch of Hengchi display experience centers and sales centers will be opened in 15 key cities including Tianjin, Shanghai and Guangzhou in the near future.

Before this, Hengda Group had held a high-profile global creditor conference, and before this major meeting, Xu Jiayin specially presided over the mobilization meeting of Hengda Automobile to "achieve mass production of Hengchi 5 in three months". Xu Jiayin once asked that the Hengda Automobile team work for three months and mass production of Hengchi 5 on June 22, laying a solid foundation for the healthy and sustainable development of Hengda Automobile.

Supplier dynamics

■ ON Semiconductor China global distribution center closed due to the pandemic

ON Semiconductor issued a notice letter on April 18 saying that as the government tightened closure measures, particularly in Shanghai, our global distribution centers in China were forced to close, which affected business.

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Previously, the Shanghai distribution center was responsible for the distribution of goods from three major factories in Shenzhen, Suzhou and Leshan. According to ON Semiconductor’s official website, the ON Semiconductor Shanghai Solution Engineering Center (SEC) was established in 2010, focusing on the development of power management solutions, focusing on automotive applications, and providing development platforms.

On Semiconductor is understood to have three plants in China, located in Leshan, Sichuan, Suzhou and Shenzhen. In addition to the closures affecting local operations, smaller cities have also begun to tighten their closures. The company is also responding closely to disruptions at suppliers of materials, equipment and services.

■ Faurecia and Hella merge, announcing the Chinese name "Freya"

On April 22, FORVIA, the world’s seventh largest automotive technology supplier, announced that the group’s Chinese name is Foria.

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On January 31st this year, Faurecia completed the acquisition of a controlling stake in Hella. On February 7th, Faurecia and Hella announced that the new combined group will be named FORVIA. FORVIA represents action and the agility required, as well as the commitment, confidence and initiatives that the new group has to drive the transformation of road mobility.

The Chinese name of the new group, Freya, combines the Chinese transliteration of its English name FORVIA. At the same time, it is also the inheritance and continuation of the Faurecia brand and culture, indicating that the new group will continue to highlight the core elements of the Faurecia and Hella brands. In addition, the word "Rui" in the Chinese name means jade token and represents auspicious omen.

Under the names FORVIA and Freia, the new group will integrate the complementary technological and industrial strengths of Faurecia and HELLA to become a game changer in anticipating and realizing the transformation of mobility.

■ Ningde Times EVOGO power exchange service was launched in Xiamen

On April 18, the EVOGO power exchange service was officially launched in Xiamen. The first batch of four fast-changing stations to start the service are distributed in Siming District, Huli District and Haicang District, Xiamen. It is expected that by the end of this year, 30 fast-changing stations will be completed in Xiamen. By then, there will be one fast-changing station within every 3 kilometers of the service radius on Xiamen Island.

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It is reported that at present, the minimum monthly rent for chocolate power exchange blocks is 399 yuan/block, and the rental price will be dynamically adjusted according to the different conditions of use of users. The service price of the quick change station is equivalent to the fast charge, and will be dynamically adjusted according to the site, time period and other factors.

In January this year, Times Electric Service, a wholly-owned subsidiary of Ningde Times, released the power exchange service brand EVOGO and the overall solution of combined power exchange. The overall solution of combined power exchange consists of three products: "power exchange block, quick change station and APP". Chen Weifeng, general manager of Times Electric Service, said that the first batch of EVOGO power exchange services will be launched in 10 cities.

■ MIIT sets up a "whitelist" of 666 companies operating in Shanghai

On April 16, the Shanghai Municipal Economic and Information Commission issued the "Guidelines for epidemic prevention and control of industrial enterprises in Shanghai to resume work and production (first edition) ", which effectively promoted the resumption of work and production of enterprises in an orderly manner, and required the district governments, towns and parks to actively support the resumption of work and production.

Previously, MIIT has dispatched a forward working group in Shanghai to promote the stable production and resumption of work and production of key industrial enterprises, and ensure the smooth operation of the supply chain.

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On April 5, MIIT established a "whitelist" of key enterprises in the field of industrial and information technology to ensure the resumption of work and production of 666 key enterprises in key industries such as integrated circuits, automobile manufacturing, equipment manufacturing, and biomedicine.

In the "first batch of key enterprises in Shanghai’whitelist ‘" circulated on the Internet, there are 250 automobile-related enterprises, including General Motors, General Motors, and other enterprises on the list, of which Lingang listed as "suspended enterprises that must resume work". (Text/Autohome Cheng Gong)