Gestal Weekly| Millet SU7 Opens the First Delivery in China; Chery Launches New Brand “Yue Yi”

What major events have happened in the automobile industry at home and abroad this week? Huawei’s auto business may turn a profit this year.

A few days ago, Huawei released its annual report for 2023 that sales revenue returned to the 700 billion mark: global sales revenue was 704.

2 billion yuan, up 9.

64 percent from the same period last year.

and net profit was 87 billion yuan, up 144 percent from the same period last year.

In 2023, Huawei’s sales revenue returned to the 700 billion mark, of which the smart car solutions business achieved sales revenue of 4.

7 billion yuan, an increase of 128.

1% over the same period last year.

In 2023, Huawei’s smart car solutions business accounted for 0.

6% of Huawei’s total revenue, up from 0.

3% in 2022.

Photo: AITO Automobile, Huawei Managing Director and Consumer BG CEO, Chairman of Smart car solution BU Yu Chengdong said that Huawei BU lost 10 billion yuan at the beginning of the year, then lost 8 billion yuan, and lost 6 billion yuan last year, and may be able to turn a profit this year.

Thanks to hot sales of models developed in cooperation with car companies, Huawei’s smart car selection business has turned a profit in the first three months of this year, and the car BU is also close to breaking even, which is expected to turn a profit after April.

Global comments: in 2023, Huawei smart car solution enables a total of 7 strategic cooperative models to be launched, which has been highly recognized by consumers and can be expected in the future.

Jia Ming dysprosium became president of Lincoln China.

On April 1, Ford Motor (China) Co., Ltd. announced that Jia Ming dysprosium took over from Zhu Meijun as president of Lincoln China, reporting to Wu Shengbo, president and CEO of Ford China and Dianne Craig, president of Lincoln Global.

Photo: before joining Ford China, Jia Ming and dysprosium was a “veteran” of SAIC Volkswagen.

After graduating in 1998, he joined SAIC-Volkswagen.

Since 2010, he has served as Deputy General Manager of sales and Marketing of SAIC-Volkswagen Automobile Co., Ltd. and General Manager of Shanghai SAIC-Volkswagen Automobile sales Co., Ltd., stabilizing SAIC-Volkswagen annual sales at more than 2 million vehicles.

After the establishment of SAIC Audi project team, Jia MingDi became the general manager of Audi Brand Division of SAIC Volkswagen Automobile Co.

, Ltd in 2018.

However, due to poor sales, SAIC Audi changed its coach last year.

Yang Siyao, Executive Director of SAIC-Volkswagen Brand Marketing Division, will take over as SAIC Audi Marketing General Manager.

Jia Ming and dysprosium was transferred to Deputy General Manager of Shanghai Automotive Industry sales Co., Ltd. Jia Ming dysprosium joined Ford China and is about to embark on a new journey.

On April 3, a week after the official launch of the first model of Xiaomi car, the first delivery ceremony of Xiaomi SU7 was held in the final assembly workshop of Xiaomi Automobile Factory in Yizhuang, Beijing, and the delivery center of 28 cities across the country also opened the first batch of delivery at the same time.

Photo: Xiaomi Automobile, Xiaomi Group Chairman Lei Jun revealed that more than 100000 people have ordered Xiaomi SU7 in just a few days, and the number of locked orders has exceeded 40, 000.

Currently, Xiaomi APP shows that the delivery cycle of Xiaomi SU7 Standard Edition is 21-24 weeks, Pro version 20-23 weeks, and Max version 29-32 weeks, which means that if you order a Xiaomi car, you need to wait at least five months.

With regard to capacity supply, Xiaomi said that the Xiaomi automobile factory is arranging production for existing orders in an orderly manner and speeding up the production process in a steady and orderly manner.

Xiaomi Automobile Factory, located in Yizhuang, Beijing, is highly automated and intelligent.

After running at full capacity, a brand new Xiaomi SU7 will be offline every 76 seconds.

The heroic words of Lei Jun three years ago have become a reality today.

New energy car companies sold in March, and recently, a number of new energy car companies released their March delivery transcripts.

AITO delivered 31727 new cars in March.

Ideal cars delivered 28984 units in March, an increase of 39.

2% over the same period last year.

Lulai delivered 11866 vehicles in March, up 14.

3 per cent year-on-year and 46 per cent month-on-month.

Xiaopeng delivered 9026 electric vehicles in March, up 29% from a year earlier.

13012 polar krypton cars were delivered in March.

BYD sold 302459 new cars in March.

GAC Ean sold 32530 vehicles worldwide in March.

The delivery of zero-running cars reached 14567 in March, an increase of more than 136 per cent over the same period last year.

8317 cars were delivered to all the terminals in Nashi in March.

Lantu delivered 6122 cars in March.

Dark Blue delivered a total of 13048 vehicles in March.

Gaishi comments: with the entry of millet cars with their own flow, it will add some unknowns to the market.

Chery will launch the first car of its new brand “Yueji” at the end of the year.

It is reported that Chery will launch a new new energy vehicle brand in the third quarter of this year, which may be named “Yueji”, and the first model will be officially launched at the end of the year.

According to Galaxy through the China Trademark Network, Chery has been applying for the registration of “Yueji” trademarks since September 2023.

At present, it has applied for 6 trademarks, which are classified into 12 international categories and means of transportation.

the applicant’s name is Chery Automobile Co., Ltd. According to a related source, Chery has been planning this new brand for about a year.

Its first model, codenamed T1GC, a hybrid compact SUV, will carry an iFLYTEK Spark model and be equipped with Chery’s latest chassis.

At present, Chery Research and Development Institute is inviting public bidding for T1GC parts suppliers such as front bumper body injection mold, rear bumper body injection mold and so on.

The launch of the new brand “Yueji” is another important layout of Chery in the field of new energy.

A few days ago, Zongmu Technology formally submitted a listing application to the main board of the Hong Kong Stock Exchange, intending to list on the main board of Hong Kong.

According to the prospectus, the fund-raising will be mainly used for the development of a new generation of Drop’nGo platform, integrated travel and parking solution, energy service robot, as well as intelligent driving system and energy service robot production base.

Photo source: Zhonghu Technology, founded in 2013, has become one of the major participants in the domestic self-driving track after ten years of development.

According to statistics, as of December 31, 2023, Longmu Technology has mass produced intelligent driving solutions on 50 models of 16 car companies.

It should be pointed out that this is not the first time that vertical vision technology has broken through the IPO.

As early as 2017, Zhonghe Technology briefly listed on the new third board for 11 months.

In November 2022, vertical vision technology once again launched a sprint on Science and Technology Innovation Board, which was also unsuccessful.

, Gaishi comments: moving to the Hong Kong Stock Exchange, whether the technology can usher in a different start? , return to the first electric network home page >.

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