Late at night Musk, big announcement!

Tonight, Musk has become the focus of global attention.

At around 21: 25 on March 14th, Beijing time, Musk’s SpaceX heavy-duty launch vehicle was ignited and launched. At present, the results of the third test flight have far exceeded the previous two.

SpaceX announced that the propellant transfer demonstration (T+24 minutes) and the payload door closing process (T+28 minutes) of the starship spacecraft were successfully completed. Musk, the founder of SpaceX, announced on the social platform that the "Starship" has reached the surrounding speed! Congratulations to the SpaceX team! !

This is the third test flight of Starship, and the first two tests exploded. On the first test flight last April, the rocket exploded a few minutes after liftoff; On the second test flight in November, Starship separated the first booster from the upper spacecraft. In Musk’s vision, the "starship" is a vehicle to send humans to Mars, which is also the core goal of his creation of SpaceX.

Thanks to the rapid development momentum, SpaceX’s valuation is rising wildly. According to a report by Bloomberg in December last year, SpaceX’s latest valuation reached US$ 180 billion (about RMB 1,294 billion), second only to ByteDance among unicorn enterprises in the world.

Starship launched into space.

On the evening of March 14th, Beijing time, SpaceX, founded by Musk, launched the third test flight of the Starship heavy launch vehicle.

According to the latest news, the rocket with the largest volume and the strongest thrust in the history of the earth, with the vision of establishing a permanent base on the moon and landing on Mars, has been ignited and launched at around 21: 25 Beijing time.

After launching T+3 minutes, the first and second stages of the Starship heavy launch vehicle were successfully separated.

Eight minutes after the launch of T+,the six raptor engines of Starship successfully turned off, and the spacecraft entered the taxiing phase. It is expected that the engines will be restarted at T+40 minutes. At present, the results of the third test flight have far exceeded the previous two.

SpaceX announced that the propellant transfer demonstration (T+24 minutes) and the payload door closing process (T+28 minutes) of Starship spacecraft were successfully completed. According to the process, the next step is to restart the engine (T+40 minutes) and re-enter the atmosphere (T+49 minutes).

SpaceX said that the T+40-minute engine re-ignition process may have been skipped. In any case, the starship will now embark on the road to the Indian Ocean.

T+1 hour and 3 minutes later, SpaceX said that it has lost the signal with the starship spacecraft and confirmed that it has lost contact with the spacecraft. Today’s test flight can no longer carry out the last step of landing in the Indian Ocean.

After the rocket was launched, later on the 14th, SpaceX founder Musk announced on the social platform that the "Starship" had reached the circling speed! Congratulations to the SpaceX team! !

According to SpaceX official website, on the basis of the second test flight, the third test flight will try more targets, including opening/closing the payload door of the starship aircraft and re-igniting the Raptor engine in space for the first time.

According to the overall process, after taking off, the starship assembly needs to separate the "overweight" propeller from the starship spacecraft, and then the propeller will try to land (on the water), and the spacecraft will continue to carry out a series of tests, and finally fall into the Indian Ocean under controlled conditions.

According to the official timetable, assuming all goes well, the whole process will take about 64 minutes.

On the afternoon of March 13th, local time, the Federal Aviation Administration (FAA) gave the final "green light" for the test flight. The agency said in a statement that it has confirmed that the mission meets all safety, environmental and policy requirements.

In the live online audio broadcast at the end of February this year, elon musk, the founder of SpaceX, once said that the third test flight of Starship can reach the Earth orbit with a probability of 70%-80%. Today’s rockets are much better than during the first and second test flights.

Musk’s "ambition"

This is the third test flight of Starship, and the first two tests exploded.

On April 20th, 2023, the integrated system of the "Starship" rocket and spacecraft made its first test flight. Some of the 33 main engines of the "overweight" booster failed to turn off, which caused the "Starship" to roll in the air only three minutes after launch and triggered the self-destruction program. In addition, the rocket’s super thrust also caused heavy damage to the launch site.

On November 18th of the same year, SpaceX launched the Starship rocket for the second time. After the rocket was launched for less than 3 minutes, the first and second stages were successfully separated. However, the mission control center lost contact with the Starship spacecraft and was forced to start the self-destruction system. CNN reported that the second test flight of Starship went further than when it was tried in April 2023.

According to SpaceX’s explanation, every step of these launches is to achieve future moon landing and longer-term goals.

According to official website of SpaceX, the new generation of heavy-duty launch vehicle "Starship" is by far the largest and most powerful launch vehicle in the world, with a total height of about 120m and a diameter of about 9m. The rocket consists of two parts, the bottom is a "super heavy" booster, about 69 meters high, equipped with multiple "Raptor" engines; At the top is a spaceship, which is about 50 meters high and can be reused.

In Musk’s vision, the "starship" is a vehicle to send humans to Mars, which is also the core goal of his creation of SpaceX.

Up to now, NASA has invested nearly $4 billion in this project. NASA chose "Starship" to carry out the Artemis project in the future and carry astronauts to the moon. According to the current arrangement, Artemis’ manned moon landing plan may be implemented in September 2026.

1.3 trillion super unicorn

In recent years, outside the earth’s atmosphere, Musk’s SpaceX company has developed very rapidly.

According to statistics, in 2023, the world launched a total of 223 launch vehicles and 98 SpaceX launches, accounting for 45% of the global total, slightly less than the sum of other countries; A total of 2,945 satellites were launched in the world, and 2,514 satellites were launched by SpaceX, accounting for 87% of the global total and 6.7 times that of other countries.

In 2023, the United States launched 116 rockets, of which SpaceX accounted for 98 times. The former quasi-national team-ULA (United Launch Alliance, founded by Boeing and Lockheed Martin) only launched three times.

According to Musk’s plan, in 2024, when only falcons (including heavy falcons) are available, SpaceX will launch 144 times, accounting for 90% of the global total, 10 times that of other countries.

Once the starship matures, SpaceX’s orbital quality will account for 99% of the world’s total, which is 100 times that of other countries.

In terms of revenue, estimates show that SpaceX’s revenue has doubled continuously in the past three years, from $2.3 billion in 2021 to $8.7 billion. In 2023, it even achieved quarterly profit for the first time, which became an important milestone of this business model.

Source: payloadspace

According to the forecast, in 2024, SpaceX’s annual revenue will reach about 13.3 billion US dollars (about 95.6 billion yuan). Among them, the rocket launch revenue will increase by more than 55% year-on-year, and the revenue will reach 5.47 billion US dollars, while the growth rate of the star chain will exceed 63%, and the revenue is expected to exceed 6.9 billion US dollars.

Thanks to the rapid development momentum, SpaceX’s valuation has climbed again in the cold winter of technology. According to a report by Bloomberg last December, SpaceX’s latest valuation reached US$ 180 billion (about RMB 1,294 billion), second only to ByteDance among unicorns in the world.

At present, SpaceX is building a closed-loop ecology composed of new space scenes such as rocket manufacturing and launch, satellite Internet, space travel and deep space exploration.

Faced with this huge commercial blue ocean, institutions such as Blue Origin founded by Amazon founder Jeff Bezos, ULA jointly supported by Boeing and Lockheed Martin, Arianespace, a joint venture of the European Space Agency, and the Russian Space Agency are all competing with SpaceX.

Original title: "Late at night! Musk, big announcement! 》

Read the original text

Interview with CEO Yu Hao: Anxiety and self-confidence behind 3.6 billion financing

For any enterprise, the most difficult thing is not how to live the present, but how to grasp the future.

Author | Xiao Man

Editor | Li Shuaifei

For any enterprise, the most difficult thing is not how to live the present, but how to grasp the future.

In October this year, Xunyi obtained 3.6 billion yuan in Series C financing-Yu Xunyi, which is 36 times more than the previous round; For the whole intelligent cleaning and even intelligent hardware industry, 3.6 billion is an eye-catching figure.

As soon as the financing news came out, it caused a lot of attention from the outside world.

Judging from the reaction of the outside world, the "focus" mainly focuses on two aspects. First, why is it chasing? Second, after the huge financing, how to pursue the future?

In the eyes of most people in the outside world, from the campus team to entrepreneurship, joining the Xiaomi ecological chain, and getting 3.6 billion financing in the C round of financing, the development of the pursuit seems to have maintained a smooth trend.

However, in the view of founder Yu Hao, the smooth sailing is just a representation. In an interview with Leifeng. com, Yu Hao described the entrepreneurial feeling with "pain" and "anxiety". In the "ideal palace" he built, any node breakthrough does not mean the end, but just the beginning. Beyond Dyson, so is getting high financing.

In the conversation, Yu Hao frequently mentioned "innovation" and "breakthrough". In his view, technological progress is an indispensable reserve for enterprise growth, and it is also an important dimension for him to consider enterprise development based on engineer thinking.

2021 happens to be the tenth anniversary of Yu Hao’s entrepreneurship. For entrepreneurs in every new era, the environment of the times has already branded the enterprise with a theme, and every startup company is bound to be a part of the times, riding the wind and waves in the tide of the times; The same is true for chasing.

The following is the conversation between Leifeng. com and Yu Hao:

one

3.6 billion Series C Financing: Release of Brand Potential Energy

Q: What does the C-round financing of 3.6 billion yuan mean for Xunyi?

A: This is the choice of enterprise strategy.

In the past, from Pre-A to B round of financing, it was less than 100 million yuan. In fact, all of them were old stock transactions, and there was no need to finance new shares. As a startup company, we have been responsible for our own profits and losses since the beginning of sales, and we haven’t spent much money, so the turn from Pre-A to B basically doesn’t involve money. In the last round, IDG mainly came in.

At present, Xunmo has its own profit model. Although the R&D investment is three times that of its peers, it can still support itself.

The recent C round of financing is because there is a good opportunity, that is, the brand.

To be a brand in the future, we need to reserve more ammunition.-Of course, in this round, Country Garden is actually industrial financing, and Xingyun can help chase and expand the Japanese market.

Now the outside world will indeed recognize us more and more, so this round of financing is indeed relatively fast. It only took more than a month for the C round of financing to start and complete, which is equivalent to completing a PE financing at the speed of VC.

I think this should be a reflection of the full release of potential energy.

2

"Entrepreneurship": Pain and anxiety coexist

Q: What kind of entrepreneurial process did you go through from Tsinghua University Sky Workshop to now?

A: Actually, the whole process is quite painful.

When I was in Tsinghua, I would do a lot of things, such as making unmanned aerial vehicles and three-rotor unmanned aerial vehicles. At that time, I felt very powerful.

But soon, I found that I didn’t know the market before, and I didn’t know what consumers really wanted. Everything I did was for awards. However, in the next few years, I began to gradually perceive environmental changes, and felt that the most important thing was to do something grounded and marketable-this was the most important change.

Therefore, when starting a business later, two aspects were basically clarified: one is to find the real user needs and prevent the self-satisfied needs; The second is to suit yourself.

Q: Did you set up the pursuit after you came out of school?

A: no. From 2011 to 2013, I worked as a collaborative software company, but I started a little early and didn’t make any money. Later, I began to look at other markets.

I thought about being an electric car in 2013; Because when I was in Tsinghua before, probably in 2010, I led a team to do the auto-driving design. At that time, when I came out to see the direction, I chose the electric car first.

At that time, we went to car factories all over the world to find the feeling, including Tesla, and found that there were too many resources needed to build a car. At that time, the car was different from now. Today, it is not necessary to prove whether the new car can be built, but at that time, it is necessary to prove whether the track can be built.

We also considered making scooters, because four-wheelers need too many resources, and we thought about making two-wheelers a good vehicle.

Finally, we chose to land on the robot, because the robot technology is more complicated, but it is also more in line with our relative advantages.

Q: At first, I decided to start from the direction of sweeping robot. Why was the first product introduced a vacuum cleaner?

A: At the initial stage of research and development, the sweeper and the vacuum cleaner went hand in hand. Twenty people studied the sweeper and twenty people studied the vacuum cleaner, but the vacuum cleaner was commercialized earlier, and the high-speed motor took the lead in finding the differentiated advantage.

Q: Was the product landing smooth at first?

A: it’s very difficult.

Because we chose VSLAM, this technology was originally difficult to develop. Although we do think that VSLAM vision is a long-term direction, it is really not easy to develop.

The other is the supply chain, sales, channels, etc. outside of technology development, which was only slightly better after joining the Xiaomi ecological chain at the end of 2017.

three

"Growth Opportunity": From Xiaomi Ecological Chain to Independent Brand

Q: What is the opportunity to join the Xiaomi ecological chain?

A: After we get the high-speed motor out. At that time, there was an acceleration camp in Barn College. Twelve teams were selected from hundreds of teams across the country to join, and then they were divided into classes to defend. We were the first, and then Xiaomi decided to invest in us.

In fact, when Xiaomi joined, he had already invested in another sweeping robot company, but he finally voted for us.

Q: What is the development process after joining the Xiaomi ecological chain?

A: It was difficult in the early days. At first, Xiaomi used more products from another company. However, when the other party’s inhalation power to Xiaomi is 110W, we will achieve 120 W; The battery life of the other product is half an hour, so we can do it for one hour, and then control the cost lower-the other party reported more than 800, and we reported more than 600.

As a result, in the Xiaomi ecological chain, for the first time, a company sold better than the Mijia brand’s own things. After the sales volume rose, Xiaomi slowly signed a contract with us. First the vacuum cleaner, then we saw that VSLAM did a good job and gave us the sweeper.

In the future, we may cut into other categories, some of which are still in the project stage and may be introduced to the market next year.

Q: What do you think of the impact of Xiaomi on its eco-chain enterprises?

A: Xiaomi has helped the growth of many enterprises in China, and it has also had a great impact on the manufacturing industry. First, it broke the original business pattern and was willing to help start-ups; The other is that George W. Milla raised the quality standards and design standards of the manufacturing industry.

From these two aspects, Xiaomi has played a catfish effect on the whole manufacturing industry, which in turn promoted the changes of traditional enterprises.

Q: What’s your thinking on building the brand "Zhui Mi"?

A: In the past, the market paid more attention to the parameters and performance of products. Although we made our own brands, many of them were actually "millet-like people".

Now we are going to a broader group, we will interact with users on Tik Tok, the products should be rich and interesting, and there should be scene demonstrations. We are doing this well.

Q: How does Xunyi formulate corresponding channel strategies according to market changes?

A: Channels will change every three to five years. Often, when channels change, it is an opportunity for new brands. What we encounter today is the opportunity for new categories to superimpose new channels.

There are three main strategies to pursue: one is to "fight the old with the new", make momentum in new channels, and then go to the old platform (cultivation); The second is to "hit the low with the high", which means that we must stand at the commanding heights of technology or price advantage; The last one is to "fight fast and slow down" and speed up the work of new things.

Q: Every company has different development routes, such as the "millet route", so what is the pursuit route?

A: We hope to follow the "Tesla route", that is, to open up, innovate and break through.

The initial breakthrough may be relatively simple, it is a breakthrough in parameters, and then it is a breakthrough in category definition. I hope to pursue companies like Tesla and Apple in the future.

four

"Transcendence" is only the beginning of the goal.

Q: From the external impression, Chasing set the Flag of "challenging Dyson" from the early stage of the venture. From the initial 100,000 rpm to the current 200,000 rpm, what kind of iterative process is in the middle? Why do you have to work so hard on the motor speed?

A: Let’s start with why we should make a motor. Simply put, the faster the motor speed, the greater the suction of the vacuum cleaner. For example, when we increase the motor speed from 20,000 rpm to 100,000 rpm, the suction force will increase by 25 times.

However, the basic principle of high-speed motor is different from that of traditional motor. It is a new thing of mechatronics, not an update iteration based on traditional motor.

When we first started doing it, only Dyson achieved 100,000 rpm, and the domestic one was basically 10,000 rpm to 20,000 rpm. We found that Dyson’s battery design, control and aerodynamics are all brand-new; To surpass them, we need to break through these things.

So we started with R&D and did motor research and development for two years, but later we found that there were still manufacturing process problems, so we spent another year looking for OEM manufacturing.

It was not until 2017 that we finished this process to achieve production. At that time, Xiaomi also voted for us, which was our first stage.

Q: How did you achieve transcendence afterwards?

A: The motor has been made, and the products have been sold on the line. In the second stage, we felt that we should set a higher goal and make a "moon landing plan", and we must work hard in the place where others are best at it. Later, we achieved 150,000 revolutions from 100,000 revolutions and then achieved 200,000 revolutions.

By 2020, we are thinking about entering the third stage, which is different from others. At this stage, we have made the heart and brain of the machine. The heart is a high-speed motor, and the brain is responsible for recognition and processing, thus expanding to all directions.

Q: What’s the next step in the search?

A: Not long ago, we started an exploratory project like robot dog, and we plan to make it into a service robot in the next decade. "Service robot" doesn’t mean to look like a person, but is based on sensor processing and has an execution structure.

In addition, we are still looking for directions in various household and commercial products, such as range hoods.

Searching for the future plan includes several stages-achieving 10 billion in three years; 40 billion in five years; 200 billion in 10 years.We will continue to work towards this goal.

"10 billion in three years" means that we must continue to charge, and we must have evolutionary genes like Amazon and Apple, which is also the problem we will solve in the next 2-3 years.

"40 billion in five years" is an important process from the China market to the global market. This process is not to distribute goods to the sea, but to brand the sea, because China enterprises have mastered five capabilities at the same time: positive research and development, core technology, supply chain, sales and brand capabilities.

"200 billion in 10 years" is an enterprise that hopes to pursue the future and become an era. We have now positioned ourselves as a technology enterprise that keeps trying, so we have invested a lot of money in research and development.

five

Going out to sea and offline: from point to surface,

The process of breaking and connecting

Q: As mentioned earlier, the plan of "40 billion yuan in five years" is actually a process of a brand going out to sea and going global. The performance of going out to sea in recent years is very bright. In 2020, the sales increased by 390% year-on-year. How did this happen?

A: We went to sea mainly through three stages. In the first stage, we cooperated with distributors and they helped us out. The second stage is to cooperate with foreign local partners, and we began to make our own market; In the third stage, we mainly play tricks in some benchmark markets, such as Germany and France.

Q: Why start with European countries?

A: Because we still have the process of going out and learning, the feedback from Europe and South Korea is relatively direct, while that from the United States is relatively strict. Some brands started from Amazon, but this model is different from the pursuit. We need to extend the online and offline sales network, so we chose to start from Europe and then go to the United States.

Q: What about the Japanese and Korean markets?

A: We have entered the Korean market before, and we have a high acceptance of China technology.

The Japanese market is relatively difficult to enter, and doing offline in Japan requires a lot of trust endorsement, so we choose to cooperate with Xingyun Group. In the process of development, Xingyun Group used to help Japanese enterprises to enter China, but now it is the other way around, helping China enterprises to enter Japan-and we have thus established an investment relationship.

Q: In September this year, Xunmi opened its first offline store in Hangzhou. How do you plan to pursue offline channels?

A: I think,When offline in China, a closed loop of "small channels" is needed. Today is the era of channel fragmentation. It is necessary to break down the small channels one by one and then connect them. This is a process of breaking reconnection.

For the pursuit, we will find two or three cities to carry out offline layout, and then gradually spread it after finding the online and offline linkage mode-at present, we choose Hangzhou because it is a typical one in the new first-tier cities and will gradually spread it after the experiment.

Q: How big is the market space for sweeping robots in the future?

A:I think the penetration rate of sweeping robots is only 10%, and this market is still very large. Sweeping robots can mark the size of the washing machine market, and there is still 10 times space to be tapped.

six

In anxiety and growth, construct "two flywheels"

Q: What is the current situation of the company’s volume and R&D investment?

A: At present, there are more than 1,800 people in our company, 70% of whom are technicians, and the annual R&D investment accounts for 12%.

Q: From the initial 40-odd people to today’s 1,800-odd people, how did you and your team grow up with the pursuit?

A: On the one hand, I have a lot of self-reflection. I think self-reflection is very important. On the other hand, to benchmark the best people in the industry, to benchmark some start-ups and even cross-disciplinary people, these benchmarks have also brought great progress.

These can bring me some new ideas and thoughts. After thinking, I should interact with the team in time, and they will do practical exercises, and then there will be a feedback.

soWe have two flywheels, one is to study and think on my own; The other is that the team should interact with me, understand, implement and give feedback. It is not easy to understand. After understanding, disassemble, then implement and give feedback-only in this way can the two flywheels run and progress be made.

Q: What is your personal status today?

A: To be honest, until today, I am very anxious, but I have different anxiety points at different time points, but there are actually similarities.

I always hope that I can do something that has great changes to mankind like Ford and Edison. If I see this distance is far away, I will really be very anxious.

When we started our business a few years ago, we were thinking, "What is the first product? How to make the first product successful? " Today, we are thinking more about how to make the most advanced and unique products in the world, products that can affect more people and have a wider range of influence. This is the anxiety now.

Q: In your opinion, the growth of the pursuit is beyond its own strength and efforts. Is there a factor of the times?

A: The relationship between society and enterprises is not addition, but multiplication effect.

If there is no progress in social management, it is useless for enterprises to work 1000 times; Conversely, the social environment is fair to all participants, and it is useless for enterprises to have no strength and efforts.

So,Under the multiplication effect, the key is the matching of time and energy, as well as predicting what may happen in the future and making reserves in advance.

Q: What do you think of the relationship between enterprises and the times?

A: The birth of every enterprise is a brand of the times. Ten years ago, it solved the problem of universality of science and technology, but ten years later, it focused on the progress of science and technology in the industry and explored the future, so each enterprise has different factors of the times.

END

Internet giant’s "cloud" turmoil

Investors who fled the AI ? ? track: losing the game and breaking the game.

Investors in Tao: Failure in the game, inability to break the game.

Honda is in trouble again! Here comes the latest car purchase manual.

Ride comfort is also a key concern when people buy a car, and the difference between different models is actually quite big. What we said today. 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 Ailishen first. The front of Ailishen’s car is domineering and stylish, and the air intake grille is shield-shaped, which looks more spiritual. Coupled with the fashionable and dynamic headlights, it has improved a certain level. The car is equipped with LED daytime running lights, front fog lights, automatic opening and closing, adaptive far and near light, delayed closing and so on. Coming to the side of the car body, the size of the car body is 4951 mm * 1842 mm * 1711 mm. The car uses clean lines, and the side circumference looks very individual. With large-sized thick-walled tires, it looks full of sports. In the design of the rear end, the overall shape of the rear end echoes the front face, and the taillights look very domineering. The layout of the exhaust pipe uses a bilateral double-out shape, which is neat and vivid.

In terms of interior decoration, the overall visual effect of Ailishen’s interior decoration is very distinctive and looks very exquisite. The steering wheel of the car is very domineering and made of genuine leather, which gives a good grip experience. Let’s take a look at the central control. The car is decorated with a dynamic and lively touch-control LCD central control panel, which makes the interior design quite layered and gives people a sense of movement. Let Xiaobian introduce the dashboard and seats. The dashboard design is remarkable and looks very young. The car uses leather seats, equipped with functions such as electric adjustment with memory and seat proportion tilting, which has good support and comfort.

The car is equipped with car networking, driving mode selection, remote control key, Bluetooth key, rear wiper, interior atmosphere light and other configurations, which greatly improves the convenience of using the car.

I wonder if you are excited about this car introduced today? If you have plans to buy a car, Xiao Bian thinks it can be included in the alternative list.

Half-price "Tank 300", 2 meters and 8 wheelbase for 99,000, and the hybrid version only needs 5 oils.

In the off-road market, regardless of sales or popularity, Tank 300 is still firmly in the position of a brother. For this phenomenon, many people think that although it is not as fuel-efficient as hybrid off-road vehicles, and it is not as affordable as various light off-road vehicles, its pure fuel+differential lock+girder setting is the real off-road vehicle, and it can go over mountains and mountains without scruple … But in fact, even the tank officials admit that many of their own owners have never crossed the wild once.

Even if there is no official self-certification of tanks, now everyone can feel that the cross-country craze is hot for the burly shape and the more compelling hardware, rather than how many people really play with mud every day. In fact, from the point of view of just need, the contractor and the site owner either change careers or retire. After the slowdown of real estate and large infrastructure, there is no such thing as off-road just need; From the point of personal travel, go on road trip may be hot, but the real outdoor camping is still a small circle.

In this environment, the cross-country craze can still be pursued, but really buy a pure fuel with a girder, unless its price is very attractive, otherwise high fuel consumption and high car price may easily lead to regret after a month or two; Moreover, it is not only the cost. Although today’s off-road vehicles are trying to improve road driving, the overall feeling of wobbling or hard chassis, combined with large size and big blind spots, is hard to drive …

In this environment, all kinds of light cross-country are becoming more and more popular. Because it seems to be a kind of fox and tiger, it actually meets the real needs: it looks like a bluff, but its fuel consumption is similar to that of a city SUV, and it will not be so uncomfortable and difficult to park. For example, BJ30 from Beijing Cross-country had little popularity before the replacement, but its sales volume rose immediately after the replacement.

The first thing to say about this car is that its name is very confusing. Regardless of its own positioning or the impression it left on the previous generation, many people unconsciously think that BJ30 is a very compact A-class SUV, which is smaller than Haval H6. But in fact, after its replacement, it has caught up with BJ40, with a length of more than 4.7 meters, a wheelbase of 2.82 meters, and a proper quasi-B-class car. At this time, combined with its pricing of 99,900 yuan, how can it be considered as a high cost performance?

But it is not only the large size, but also the cross-country and pan-shaped shape of BJ30, which also explains what value is the primary productivity. From the perspective of cost performance, people around you will definitely say that it is worth the fare if they buy such a large and square SUV at the level of 100,000. For myself, it also meets the two needs of big space and off-road feelings. However, in terms of configuration, the 99,900 entry-level version, although fragrant in price, is slightly unreasonable in configuration.

Fortunately, compared with the entry-level version, what BJ30 really deserves to choose is the top match. Because the top version is first equipped with a hybrid system, and although the SUV with a load-bearing body is much more fuel-efficient than the hard-core off-road, it is the size of a medium-sized car after all, so the fuel consumption can be further improved after mixing; At the same time, the performance will be further strengthened after the top is equipped with dual motors, so it has a four-wheel drive system. The passability may not be as good as those of pure hard-core models, but it can also make BJ30, which has a bluffing face value, occasionally go bad. As for the price, the price of 130,000 class can have lower fuel consumption and better performance, but it is a better option.

Generally speaking, since the ordinary urban SUV has become a popular choice, manufacturers have begun to look for new profitable cows. Cross-country and MPV have gradually assumed the role of making money. However, in this era of involution and clear demand, more brands still choose to demand quantity first. Then, compared with the 200,000-odd tank 300, which can really go off-road without scruple, will you be more inclined to the BJ30, which only costs half price, but is more fuel-efficient and comfortable?

Collective farewell to Karry table! Reading Huang Xiaoming’s personal letter collapsed and cried.


1905 movie network news This week, the third season of Chinese Restaurant has been broadcast to the eighth issue, and it has entered the second half of its operation. This program welcomes the farewell of Karry, the lobby manager. Partners Huang Xiaoming, Amanda, Andy, Lin Shuwei and Tong Zhuo prepared a farewell banquet for Xiao Kai. As the strongest assistant of the Chinese restaurant manager, Karry received a farewell letter written by the manager Huang before leaving, which expressed Huang Xiaoming’s affirmation and gratitude to Karry and his great sadness in his heart.

 

 

The turnover of "Chinese Restaurant 3" has steadily increased in the second half.

 

With the broadcast of the eighth program of "Chinese Restaurant 3" on September 13th, the Chinese restaurant has entered the second half of its operation, and the overall business process of the restaurant is getting smoother, but it will still be forced to disrupt the rhythm due to some unexpected situations. Despite the problems, the partners resolutely overcame the difficulties, and Manager Huang made every effort to minimize the losses, which contributed to the impressive achievement of entertaining 30 guests and reaching a turnover of 2,147 euros that night. Happy, Karry’s departure brought a touch of sadness to the Chinese restaurant, but also triggered the tears of netizens.

 

 

On the night of the broadcast, netizens mainly expressed their personal views around Karry’s departure: "Karry is very good, and every time he makes suggestions at a meeting, he can get to the point, which is also very interesting and great in dealing with people" and "Xiao Kai is really great! Have responsibility, emotional intelligence and cooking skills, have good ideas, are easy to get along with, and deserve to be liked. Reluctant to him! " "The letter written by Huang Xiaoming to Xiaokai is so sincere. I can feel from his words of special thanks to Karry, a small military adviser, that he is really interested in Chinese restaurants."

 

 

Karry returned to school for a farewell dinner, and the Chinese restaurant partners burst into tears.

 

From strangeness to tacit understanding, many days of getting along and working together constitute the inseparable feelings between partners. However, Karry, the lobby manager, had to leave the Chinese restaurant temporarily because he had to go back to school to finish his studies. In order to prepare a farewell banquet for Karry, Chef Lin specially made a creative dish "Thousands of Links", Manager Huang prepared a sumptuous hot pot, Tong Zhuo presented steamed fish, which was his master’s work, and Karry, a young chef, showed his cooking skills again in the Chinese restaurant. At the farewell banquet, Karry sang a lyric version of Goodbye, and after singing a song, everyone fell into the sadness of parting, and Andy was in tears. Amanda bluntly said that the sadness of parting with Kai was far behind the joy of getting to know him. This netizen also said: this is the real way to get along. How can there be so much romance and harmony? Everyone wants to do things well. Life is full of trivial things, but when they leave, their hearts are all good and warm to each other.

 

       Karry, as an old employee of Chinese restaurant, shows his responsibility and steadiness, whether he is helping the manager Huang, being considerate to Sister Hai Lu, observing the worries of Chef Lin, actively mediating the emotions of his sister Andy, or being honest with his new partner Tong Zhuo. Many netizens are also so considerate that they are in the same place and vertical to into the pit.

 

 

Huang Xiaoming wrote to say goodbye and Andy took over as lobby manager.

 

As the right-hand man of Manager Huang, Manager Kai can often put forward valuable suggestions through keen insight and previous experience. When he learned that Xiao Kai was leaving, Huang Xiaoming revealed his heart: You are a particularly powerful assistant of mine, and you can help me make up and bring up what I want every time. This also reflects that he really wants to be the manager of a Chinese restaurant, so he is full of thanks to Karry who can make constructive suggestions.

 

When Wang Jun Kaiser was finally bid farewell, Huang Xiaoming lost control of his emotions, choked to express his shame, and sent a personal letter and a gift. A few pages of stationery bear the full recognition and gratitude of Manager Huang to Xiaokai, as well as his reluctance and blessing. Xiao Kai, who was alone, finally unloaded his strong reluctance to cry. After reading the personal letter from Manager Huang, he also expressed his respect for Brother Xiaoming. "Brother Xiaoming will always be my respected big brother and our respected store manager."

 

 

After Karry’s departure, Andy, the younger tea girl, will take over as the lobby manager. Can she successfully undertake this important task in the next operation? It can be known from the notice that the Chinese restaurant that lost a general will welcome a new partner. Can this new member adapt to the high-intensity work of the Chinese restaurant? After that, what new challenges will meet the partners? Stay tuned!

 

Central Economic Work Conference Held: Six New Formulas Deliver Important Signals

  BEIJING, Beijing, December 12 (Reporter Li Jinlei) The Central Economic Work Conference was held in Beijing from December 11 to 12. The meeting comprehensively summarized the economic work in 2023, profoundly analyzed the current economic situation, and systematically deployed the economic work in 2024, including many new formulations, which conveyed important signals.

  Adhering to high-quality development must be the last word in the new era.

  The meeting pointed out that it is necessary to adhere to high-quality development as the last word in the new era, implement the new development concept completely, accurately and comprehensively, and promote the effective improvement of quality and reasonable growth of quantity in the economy.

  From the previous "development is the last word" to "we must adhere to high-quality development as the last word in the new era", this is a kind of advancing with the times.

  Sheng Lei, deputy director of the Investment Research Institute of the National Development and Reform Commission, told Zhongxin Finance that the meeting based on the new era, new journey and new requirements, and based on the regular understanding of doing a good job in economic work, put forward that "adhering to high-quality development must be the last word in the new era", which not only pointed out the direction for economic work next year, but also responded to Report to the 20th CPC National Congress’s "high-quality development is the primary task of building a socialist modern country in an all-round way" and "development is the top priority of the party in governing and rejuvenating the country". It is also a historical advancement of adhering to high-quality development since the 18th National Congress of the Communist Party of China, which reflects the consistency and continuity of strategy, and reflects the adaptability of policies to environmental changes, creating more development space around high-quality requirements, and making efforts to release more endogenous kinetic energy.

  Dong Yu, executive vice president of Tsinghua University China Development Planning and Research Institute, told Zhongxin Finance that the development of the new era must focus on high-quality development, and only high-quality development can drive the realization of modern industrial system, coordinated development of urban and rural areas and high-quality people’s livelihood.

  Zhu Keli, executive director of China Information Association and founding president of the National Research Institute of New Economics, told China New Finance that in the new era, high-quality development has become the core theme of China’s economic development. High-quality development emphasizes economic quality and efficiency, rather than just speed and scale.

  We must regard the promotion of Chinese modernization as the greatest politics.

  The meeting pointed out that it is necessary to take promoting Chinese modernization as the greatest politics, unite the overwhelming majority of the people under the unified leadership of the Party, focus on the central task of economic construction and the primary task of high-quality development, and turn the grand blueprint of Chinese modernization into a beautiful reality step by step.

  "This actually clarifies the biggest work in all aspects of the next step ‘ Baton ’ 。” Dong Yu believes that "the biggest politics" means that all parties should shift their focus to promoting Chinese modernization.

  Dong Yu said that when the meeting put forward requirements for cadres, it particularly emphasized that "we should seize all favorable opportunities, make use of all favorable conditions, work hard when we are sure, and do more if we can". In fact, it put forward a certainty for work in various fields through "maximum politics". No matter how the environment changes, we must do a good job in high-quality development and economic construction, and respond to the uncertainty of situation changes with the certainty of our own work.

  "Chinese-style modernization is the only correct way to build a strong country and rejuvenate the nation". Sheng Lei believes that this meeting put forward that "promoting Chinese-style modernization must be the greatest politics". First of all, it reiterated the significance of this road of Chinese-style modernization "going smoothly and steadily", and then it also required us to return to the goal and initial intention of Chinese-style modernization in the process of "wavy development and tortuous progress" of the economy, relying on the people closely and respecting their creative spirit.

  Luo Zhiheng, chief economist and dean of the research institute of Yuekai Securities, told Zhongxin Finance that the meeting clearly stated that we should focus on the central task of economic construction and the primary task of high-quality development. The problems and challenges existing on the road of development must be solved in development. A certain economic growth rate and continuously improved economic quality are the key to resolving debt, real estate and financial risks.

  Next year, we should persist in striving for progress in stability, promote stability through progress, and establish before breaking.

  The meeting demanded that next year, we should adhere to the policy of striving for progress while maintaining stability, promoting stability through progress, first establishing and then breaking, and more policies conducive to stabilizing expectations, growth and employment. We should be proactive in changing the mode, adjusting the structure, improving quality and increasing efficiency, and constantly consolidate the foundation of stability and improvement.

  On the basis of the requirement of striving for progress in stability, this meeting further increased the new requirement of "promoting stability through progress, first establishing and then breaking".

  The head of the National Economic Comprehensive Department of the National Development and Reform Commission pointed out to the media that the key is to grasp the dialectical relationship contained in it. Promote "progress" on the basis of "stability" and achieve "stability" through "progress" in economic structure, development quality and major reforms. It is also necessary to grasp the order of "establishing" and "breaking", otherwise it will affect the overall situation of economic development, which is also an important methodology of economic work.

  Sheng Lei believes that the consistent formulation of "striving for progress while maintaining stability", together with "promoting stability through progress, establishing first and then breaking", further embodies the confidence and determination of the central government to promote development through steady growth, and emphasizes the working ideas and implementation paths for solving difficulties in development and resolving risks in growth.

  Wen Bin, chief economist of China Minsheng Bank, believes that the purpose of the meeting is to make a good connection and switch between the old and new models, and avoid the blind pursuit of quick success or one-size-fits-all approach. The fields involving "establishment" and "breaking" include not only the energy structure, but also the old and new kinetic energy of the economy and the real estate development model. It is expected that the original model will run for some time before the new mechanism is formally formed.

  Incorporate non-economic policies into the consistency evaluation of macro-policy orientation

  The meeting demanded that the consistency of macro-policy orientation should be strengthened. Strengthen the coordination of fiscal, monetary, employment, industrial, regional, scientific and technological, environmental protection and other policies, incorporate non-economic policies into the consistency assessment of macro-policy orientation, strengthen policy coordination, and ensure the same direction and form a joint force. Strengthening economic propaganda and public opinion guidance, sing the chinese’s theory of economic brightness.

  Sheng Lei believes that enhancing the consistency of macro-policy orientation is to push all departments to further strengthen policy coordination and work coordination, closely cooperate, exert their efforts in the same direction, form a joint force, further strengthen the consistency evaluation of macro-policy orientation in specific work, pay more attention to the priorities of policy arrangements, prevent the emergence of "fallacy of composition" problems, lay a good combination of policies, and maintain a stable and predictable macro-policy environment.

  In Zhu Keli’s view, non-economic policies are playing an increasingly important role in economic development, helping to improve people’s living standards and promote social harmony and stability. When formulating macro policies, these non-economic policies should be taken into important consideration to ensure the consistency and coordination of macro policies. This requires in-depth research and evaluation of non-economic policies, so as to ensure the coordination between them and economic policies, and avoid the "fallacy of composition" or "decomposition fallacy" at the policy level to the greatest extent.

  Develop new quality productive forces

  The meeting pointed out that scientific and technological innovation should lead the construction of modern industrial system. It is necessary to promote industrial innovation with scientific and technological innovation, especially to promote new industries, new models, new kinetic energy and develop new quality productivity with subversive technologies and cutting-edge technologies.

  "New quality productivity" is one of the top ten buzzwords in 2023. From the outside world, it is a kind of productivity in which scientific and technological innovation plays a leading role, and it is a productivity that has got rid of the traditional growth path and meets the requirements of high-quality development. The data shows that the total export of the "new three" products represented by electric manned vehicles, lithium batteries and solar cells in China exceeded 800 billion yuan, up more than 40% year-on-year.

  Wen Bin believes that focusing on the leading role of scientific and technological innovation in new growth engines such as new generation information technology, artificial intelligence, biotechnology, new energy, new materials, high-end equipment and environmental protection, the conference has pointed out the development path for new qualitative productivity such as strategic emerging industries and high-tech industries.

  Zhu Keli believes that scientific and technological innovation is the key driving force for accelerating the formation of new quality productive forces and promoting high-quality economic development. By strengthening scientific and technological innovation, industrial innovation and the development of new quality productivity can be promoted. This requires strengthening basic research and applied research to promote the transformation and industrialization of scientific and technological achievements. At the same time, it is necessary to strengthen the protection of intellectual property rights, promote innovation, entrepreneurship and personnel training, and continuously inject new kinetic energy and vitality into the high-quality economic development.

  It is necessary to stimulate potential consumption and expand effective investment.

  The meeting pointed out that it is necessary to stimulate potential consumption, expand effective investment, and form a virtuous circle in which consumption and investment promote each other.

  Wen Bin said that the meeting will link consumption and investment, which means that the policy will no longer stimulate consumption and investment in isolation, but take a long-term view, give consideration to improving the efficiency of the market economy, strive to achieve a virtuous circle of mutual promotion of investment and consumption, pursue the policy effect of "1+1>2", and improve the sustainability of domestic demand growth.

  Zhu Keli believes that consumption and investment are two important supports for economic development. In order to stimulate potential consumption and expand effective investment, it is necessary to jointly promote supply-side structural reform and demand-side management. (End)

Before the opening of AI track | AI concept continued to decline, the release of GPT-4o further enhanced the influence of AI to C, and the game ETF(159869) attracted gold against the trend.

On May 15th, A-shares fluctuated lower, and the volume continued to shrink. Real estate stocks stood out. At the close, the Shanghai Composite Index closed down by 0.82%, the Shenzhen Composite Index fell by 0.88%, the Growth Enterprise Market Index fell by 0.9%, the AI concept sector fell collectively, and the AI industry chain: artificial intelligence AIETF(515070) fell by 1.07%. AI basic layer: Cloud computing 50ETF(516630) fell by 1.08%, and data ETF(516000) fell by 1.15%; AI application layer: The game ETF(159869) fell by 1.61%, and it continued to receive fund attention in the past three trading days, with a net inflow of over 160 million.

This week, the large-scale model upgrade products were released one after another, which attracted market attention. On Tuesday morning, openAI held a spring conference to launch the new flagship model "GPT-4o", and then Google launched a counterattack at the I/O2024 developer conference, releasing an upgraded version of Gemini 1.5 Pro and Project Astra, which was the benchmark with GPT-4o, and achieved a breakthrough in human-computer interaction.

With the continuous iterative updating of various artificial intelligence models since 2023, the intelligence level of mainstream artificial intelligence models has been continuously improved. Galaxy Securities pointed out that the release of GPT-4o marks a breakthrough in the convenience and ease of use of the artificial intelligence model. Considering that GPT-4o is open to users for free, the rapid growth of the number of users is highly certain, and the influence of artificial intelligence on C-side is expected to increase, which is optimistic about the development prospects of related vertical applications.

A new wave of AI is coming, and multiple tracks are expected to be catalyzed:

1) artificial intelligence AIETF(515070): the multi-modal big model broke out and the AI king returned.

2) Cloud computing 50 ETF (516630): AI rises, computing power comes first, and domestic computing power carries the banner!

3) Data ETF(516000): The big model is soaring, and the data elements help the new pattern of AI.

4) Robot (300024) ETF (562500): AI empowers, and the wave of embodied intelligence strikes.

5) Game ETF(159869): Games hand in hand with AI, welcoming the change of industry productivity.

6) Hang Seng Technology Index ETF(513180): the technological leader of Hong Kong stocks, helping AI model iteration.

national business daily

(Editor: Wang Zhiqiang HF013)

A list of the conditions for the achievement of two people in a row

Recently, the new game "it takes two", which was not long after the launch of steam, quickly became popular and won unanimous praise from netizens. However, many players don’t know much about the content in the game. Next, Xiaobian will introduce all the achievements in the game and how to achieve them.

 

All the achievements and ways of achieving "Two people in a Row" are the same as each other. The mini-vacation of plastic friendship has a fish railway trip every year. The artistic cells are flying in the sky. Cody’s remote frequency is bankrupt. The escaped prisoner is bold and evil. The wizard of the platform game, the triangle power of the Seven Seas, is a modeling meditation master, a greedy dragon, a small game tycoon and a lost and found mood.

High inventory and low price make it difficult to sell Jaguar Land Rover to catch up with the intelligent last bus in China.

The inventory coefficient is the highest in the country, and the price is still difficult to sell. What happened to the former British luxury brand Jaguar Land Rover?

China automobile dealers association recently released the survey results of "Automobile Dealer Inventory" in July 2024, showing that in July this year, the comprehensive inventory coefficient of automobile dealers was 1.50, and the inventory level was at the warning line.

According to the survey, among all brands, Jaguar Land Rover is the brand with the highest inventory depth, and the inventory coefficient has reached 2.55. Far more than the average inventory coefficient of high-end luxury & imported brands is 1.38, and that of joint venture brands is 1.63.

On the afternoon of August 12, the reporter went to the Jaguar Land Rover 4S Center in the East Fourth Ring Road in Beijing. The prices of various Jaguar Land Rover models were greatly reduced. Among them, the official guide price of Jaguar XEL was 299,800 yuan, and the preferential price of phased bare cars was 165,000 yuan. The price was close to "waist cut".

However, Jaguar Land Rover, which is slow in electrification and intelligent transformation, has been declining in sales ranking in China, even though the price is greatly reduced, which has shown a trend of marginalization. It is still unknown whether Jaguar Land Rover, which has joined hands with Chery and invested 3 billion pounds in electrification, can catch the last bus.

There are not many consumers in Jaguar Land Rover 4S Center. Figure/Beijing News Shell Financial Reporter Lin Zishe

A variety of models are priced at "waist cut" 200,000 yuan to win the British luxury brand.

On the afternoon of August 12th, the reporter went to the Jaguar Land Rover 4S Center in the East Fourth Ring Road of Beijing. This center covers a huge area, with various models of Jaguar and Land Rover parked at the door. Several buildings are divided into new car exhibition areas and used car exhibition areas, which is enough to show that there were many consumers when the brand was brilliant.

Perhaps in the afternoon of a working day, when I walked into the exhibition area, there were not many consumers who came to buy a car. Only a few guests were looking at the car.

A large number of test cars are parked outside the 4S center. Figure/Beijing News Shell Financial Reporter Lin Zishe

In the new car exhibition area, sales staff told reporters that the current Jaguar model with the lowest price is Jaguar XEL, which is equipped with a 2.0-liter turbocharged engine with a maximum power of 250 HP and a maximum torque of 365 Nm. The official guide price starts at 299,800 yuan.

According to the salesperson, if it is a Beijing license and the car is purchased by stages, the price of the naked car after the discount can be reduced to 165,000 yuan, and the landing price is about 200,000 yuan. If you buy a car in full, the price of the naked car after the discount can be reduced to 185 thousand yuan, and the landing price is about 220 thousand yuan.

200,000 yuan will win the Jaguar XEL. Figure/Beijing News Shell Financial Reporter Lin Zishe

Jaguar XFL is placed next to Jaguar XEL, which is more spacious and business-oriented. The front seat is 8-way electric adjustment and 2-way manual headrest. The official guide price of this car is 399,000 yuan. If the car is purchased in full, the landing price can be reduced to about 300,000 yuan.

"For every car company, there will be a car that is responsible for the volume. This is its task. It needs to ensure that the price is relatively close to the people and drive consumers to buy cars." When asked by reporters why Jaguar XEL and Jaguar XFL have significantly reduced prices, the sales staff introduced this. "These two cars are now much cheaper and have a very good driving sense, which is very suitable for driving or family cars."

However, if you visit the Jaguar Land Rover showroom, you will find that most models have discounts at present.

For example, for a Range Rover Star Pulse, the official guide price is 638,000 yuan, the full price is about 465,000 yuan, and the landing price is about 500,000 yuan. There is also an official guide price of 429,800 yuan in evoque, and the landing price is around 300,000 yuan.

Only a few Range Rover models in the exhibition hall are more expensive than the official guide price, but it is not because the sales are in short supply, but because the official guide price is 1.748 million yuan, and the luxury car tax of 174,800 yuan is required according to state regulations.

For the preferential time, the salesperson said that there is no way to guarantee it. However, in the coming September and October, Jaguar Land Rover may send out some small car purchase gifts again, or give a car purchase discount of 5,000 yuan to 10,000 yuan on the current basis.

The landing price of Jaguar XFL is around 300,000 yuan. Figure/Beijing News Shell Financial Reporter Lin Zishe

The process of electrification and intelligence is slow.

If consumers just come out of new energy exhibition halls such as Tesla and Wenjie, and then walk into Jaguar Land Rover’s exhibition hall, they can clearly feel the difference in the logic of selling cars between them-Jaguar Land Rover emphasizes its British descent and luxury style, and intelligence is the obvious "short board" of the brand.

At present, in addition to the I-PACE launched by Jaguar in 2018, there are only a handful of new energy vehicles. Even in official website, Jaguar XEL’s introduction to science and technology is limited to "dual-screen exclusive touch system equipped with 10.2-inch high-definition central touch screen and 5.5-inch air-conditioning control screen, as well as 12.3-inch full LCD virtual instrument panel and high-definition full-color head-up display and high-definition ultra-wide-angle streaming media rearview mirror to realize five-screen linkage".

"If you have just come out of the Tesla showroom and come to us, you may feel different, and we are still driver-oriented." Sales staff also told reporters that Jaguar Land Rover comes standard with L2-level assisted driving, which can cruise automatically, but there is no further function.

In fact, sales staff did not take intelligence as a brand selling point. When asked if it has the function of reversing into the warehouse, the salesperson simply replied "No".

"The new car-making forces will equip vehicles with lidar or pure visual cameras, and then drive according to NOA navigation, but our traditional car companies will not do this." Sales staff said that traditional car companies are different from the new car-making forces.

In fact, traditional car companies are not mutually exclusive with electrification and intelligence, but Jaguar Land Rover has gone too slowly on this road.

In May this year, BMW, which is also a luxury brand, announced the latest electric vehicle plan at the annual conference, saying that 25 new models will be launched by 2025, 12 of which will adopt pure electric mode.

In August this year, Ou Lifu, Senior Executive Vice President of Mercedes-Benz (China) Investment Co., Ltd., publicly stated in an interview that the L2+ navigation assisted driving, the new generation intelligent parking and the third generation MBUX intelligent human-computer interaction system led by the China team have been carried on fuel vehicles and new energy products.

Next year, Mercedes-Benz will be able to achieve "no map" L2++, which can park from the starting parking space, pass through the urban area/expressway/urban area, and park at the destination parking space, so as to realize point-to-point intelligent driving ability.

As early as 2021, Jaguar Land Rover announced the full-scale electrification transformation, planned to launch six pure electric products, and clearly stated the goal of fully electrifying the Jaguar brand by 2025.

But by 2024, the electrification transformation of Jaguar Land Rover is still very slow. As a result, Jaguar Land Rover gradually began to fall behind.

Looking back on 2010, Jaguar Land Rover officially entered the China market, with an initial sales volume of only 26,100 vehicles. In 2012, Jaguar Land Rover quickly occupied the fourth place in the luxury car market in China with an annual sales volume of 72,000 vehicles, second only to Mercedes-Benz, BMW and Audi, and the sales growth rate reached 73%.

In 2013, Jaguar Land Rover’s sales in China increased by 30% year-on-year to 95,000 vehicles, making China the largest single market for Jaguar Land Rover. Until 2017, Jaguar Land Rover’s sales in China rose to 146,000 units, ranking fifth in the sales list of luxury brands, with a large number of consumers and fans.

The turning point appeared in 2018, and Jaguar Land Rover sales declined by 21.6%, and the ranking has been declining since then. In 2022, Jaguar Land Rover sold 13.44 vehicles in China, down 17.4% year-on-year.

In 2023, the automobile market in China has been growing, and the sales of various brands have continued to grow. The annual sales of Jaguar Land Rover is still only 100,000 vehicles, making it difficult to squeeze into the top ten in the luxury car market.

"Broken arm for survival" discontinued models catch up with the intelligent last bus

Under the pressure of sales volume, Jaguar Land Rover made frequent moves and even began to "break its arm to survive". It plans to stop production of XE, XF, F-Type, E-Pace and the first pure electric vehicle I-Pace.

Adrian Maadyr, CEO of Jaguar Land Rover, said publicly, "We will eliminate these products with low value and fail to bring profits, and replace them with new cars with new design architecture. This adjustment aims to optimize the product structure and concentrate resources on models with higher profit potential. "

To explore the China market, we must have a deep understanding of the market. In June this year, Jaguar Land Rover announced that it had signed a letter of intent for strategic cooperation with Chery Automobile, authorizing Chery Jaguar Land Rover to use the "Freelander" brand on its brand-new electric vehicle, which will adopt Chery’s pure electric platform and be produced at Chery Jaguar Land Rover Changshu factory. This also means that Jaguar Land Rover restarted the "Freelander" brand and handed it over to Chery.

It is also essential to increase the investment quota. According to Jaguar Land Rover’s 2023 annual report, the company plans to increase the investment in the electrification transformation strategy from 15 billion pounds to 18 billion pounds within five years.

Some analysts pointed out that with the acceleration of the transformation of the global automobile market to new energy vehicles, domestic and foreign automobile enterprises will also strengthen cooperation in the fields of intelligence and networking, and jointly promote the development of the automobile industry in the direction of intelligence and networking.

Driven by Chery, it is still unknown whether Jaguar Land Rover, which has been left behind for many years, can catch up with the last intelligent bus.

Beijing News Shell Financial Reporter Lin Zi

Editor Jake

Proofread Wang Xin

Five cheap domestic automobile engines, two words-resistant to manufacture

Detailed explanation of five cheap and fuel-efficient domestic cars

Under the background of increasingly fierce competition in the automobile market, domestic automobile brands pay more attention to providing consumers with cost-effective products while constantly improving their technical strength. Among them, automobile engine is the core component of automobile, and its performance and price are directly related to the market competitiveness of the whole vehicle. Today, we will introduce five domestic automobile engines that are cheap, fuel-efficient and sturdy, and see how they win the favor of consumers in terms of cost performance.

I. LJO 1.5L engine

Release time: Mid-2010s

algebra: the first generation

Specific model:LJO

Parameter table

Carrying vehicle type:, etc.

The LJO 1.5L engine of Wuling Automobile is famous for its excellent fuel economy and stability. This engine adopts multipoint injection technology, which can provide stable power output under different working conditions while maintaining low fuel consumption. On many models, this engine has shown excellent durability and reliability.

Second, JL473Q 1.3L engine

Release time: in the late 2000s.

algebra: the second generation

Specific model:JL473Q

Parameter table

Carrying vehicle type:, etc.

Changan Automobile’s JL473Q 1.3L engine is a small displacement and high efficiency engine. It adopts aluminum alloy cylinder block and lightweight design to reduce fuel consumption and improve dynamic response. In practical use, this engine is loved by consumers for its excellent fuel economy, low noise and low vibration characteristics.

Third, SQRE3G12 1.2L engine

Release time: Early 2010s

algebra: the first generation

Specific model:SQRE3G12

Parameter table

Carrying vehicle type:, etc.

Chery’s SQRE3G12 1.2L engine is a small displacement and high efficiency engine. It adopts three-cylinder design and lightweight materials to reduce fuel consumption and improve power output. This engine is equipped on many small cars, and it is well received by consumers for its excellent fuel economy and low maintenance cost.

Iv. -BYD371QA 1.0L engine

Release time: in the late 2000s.

algebra: the first generation

Specific model:BYD371QA

Parameter table

Carrying vehicle type: wait.

BYD’s BYD371QA 1.0L engine is a small displacement and low fuel consumption engine. It adopts three-cylinder design and lightweight materials to reduce fuel consumption and improve dynamic response. This engine is loved by consumers because of its excellent fuel economy and reliability, especially suitable for short-distance commuting in cities.

V. DK12 1.2L Engine

Release time: Mid-2010s

algebra: the first generation

Specific model:DK12

Parameter table

Carrying vehicle type:, etc.

DK12 1.2L engine is a small displacement and high efficiency engine. It adopts four-cylinder design and multipoint injection technology to provide stable power output and low fuel consumption. This engine is equipped on many models of Dongfeng Xiaokang, and it is well received by consumers for its excellent fuel economy and reliability.

The above five domestic automobile engines are popular choices in the market. They are not only cheap, but also fuel-efficient. Whether you are pursuing cost performance or fuel economy, you can find a satisfactory choice among these five engines. With the continuous development of the domestic automobile industry, it is believed that more excellent domestic engines will emerge in the future, bringing more choices and better driving experience to consumers.