Core Viewpoint - The partnership between Chery and Huawei for the Zhijie brand is facing significant challenges, leading to dissatisfaction among Zhijie car owners and declining sales figures [1][4][11]. Group 1: Partnership Issues - Chery's chairman, Yin Tongyue, indicated that the company has faced difficulties in its collaboration with Huawei, suggesting that listening to Huawei leads to better outcomes [1][4]. - There are rumors of discord between Chery and Huawei, particularly regarding the production capacity for the Zhijie brand, which has reportedly been deprioritized in favor of other models [4][11]. - The Zhijie brand has experienced a significant drop in sales, with June figures falling to 2,459 units, marking a new low [11]. Group 2: Customer Dissatisfaction - Zhijie car owners expressed their frustration over Chery's marketing strategies, feeling that the brand is not being adequately promoted compared to others [8][11]. - There have been calls from Zhijie owners to remove the Chery logo from their vehicles, emphasizing their preference for the Zhijie brand over Chery [6][11]. - The recent marketing decisions, such as using Zhijie’s official account to promote new Chery vehicles, have further angered customers [3][4]. Group 3: Sales and Market Response - The Zhijie brand's sales have been on a downward trend, with a peak of 17,736 units in December 2024, followed by a significant decline throughout 2025 [11][13]. - In response to customer complaints, Zhijie announced cash subsidies and promotional activities, but these measures have not satisfied existing customers who feel overlooked [7][11]. - The recent restructuring within Chery aims to enhance the operational independence of the Zhijie brand, which may help address some of the ongoing issues [9][13].

Group 1 - The U.S. President Trump announced tariffs on imports from 14 countries, with rates ranging from 25% to 40% depending on the country, effective from August 1 [2] - The tariffs include 25% on Japan and South Korea, 30% on Bosnia and South Africa, and up to 40% on Laos and Myanmar [2] - Trump warned of reciprocal tariffs if Japan and South Korea respond with their own increases [2] Group 2 - China's National Development and Reform Commission allocated an additional 10 billion yuan for employment support projects, aiming to create jobs for 310,000 individuals [3] - The investment will fund 1,975 projects, with 45.9% of the budget allocated for labor remuneration [3] Group 3 - The State Council's Food Safety Committee proposed a reward mechanism to encourage food industry employees to report safety risks, aiming for implementation by the end of 2026 [4] - The mechanism will initially target key sectors and larger businesses before expanding to other food production and import/export entities [4] Group 4 - The Ministry of Ecology and Environment emphasized the need for high standards in marine ecological protection and comprehensive governance of key sea areas [7] - The ministry aims to enhance the efficiency of environmental resource allocation and strengthen carbon market construction [7] Group 5 - China's Ministry of Industry and Information Technology announced the formal release of the international standard for autonomous vehicle testing, ISO 34505:2025, which fills a gap in testing scenario generation [8] - The standard was developed with collaboration from Chinese and German experts and aims to establish evaluation methods for autonomous driving systems [8] Group 6 - The average price of pork in China's wholesale markets increased by 0.4% compared to the previous week, with the current price at 20.66 yuan per kilogram [11] - The overall agricultural product wholesale price index rose by 0.34 points, indicating a general increase in food prices [11] Group 7 - China's foreign exchange reserves reached $33,174 billion at the end of June, marking a $32.2 billion increase from May, representing a 0.98% rise [12] - The gold reserves also increased, reaching 7.39 million ounces, continuing an eight-month growth trend [12] Group 8 - The Shanghai government introduced measures to promote the high-quality development of the software and information services industry, including a pilot policy for foreign-funded game companies [14] - This initiative is expected to enhance the growth potential for foreign enterprises in the gaming sector [14] Group 9 - Chery Automobile established a domestic business division, which includes four sub-divisions, but clarified that this restructuring does not involve changes in brand positioning [25] - The adjustment aims to focus on strategic alignment and resource integration [25] Group 10 - The new quantitative trading regulations, effective from July 7, focus on enhancing supervision of high-frequency trading and outline specific management requirements [27] - The regulations aim to address abnormal trading behaviors and improve market stability [27]

Core Insights - Chery Group reported a total vehicle sales of 233,607 units in June, marking a year-on-year increase of 16.6% [1] - The Chery brand sold 138,077 vehicles in June, with a cumulative sales of 737,170 units from January to June, reflecting a growth of 3.15% year-on-year [1] - The Aiyre series, particularly the Aiyre 8, has shown strong performance, with sales reaching 10,683 units in May, making it the second best-selling compact fuel vehicle in the 100,000 to 150,000 yuan price range [1][2] Sales Performance - The Aiyre 8 Pro, launched on June 19, is priced between 137,900 to 149,900 yuan and contributed to the sales growth during the 618 promotional event [1] - The Aiyre series has evolved from a focus on practicality to performance, with the Aiyre 8 positioned as a vehicle offering "30,000-level experience at a 10,000-level price" [2] Market Positioning - The initial Aiyre models emphasized practicality and cost-effectiveness, with the Aiyre 5 achieving significant sales success due to its competitive pricing and features [2] - The Aiyre series aims to attract younger consumers by enhancing its performance image and engaging with them through events that resonate with their interests [2] Competitive Landscape - Chery faces challenges in establishing a performance-oriented brand image, as it is still perceived primarily as an "economical" brand [3] - Competitors like Geely and Changan have made strides in the performance vehicle market, creating brand recognition that Chery needs to overcome [3] - The increasing importance of intelligent features in vehicles, highlighted by competitors like BYD and XPeng, necessitates that Chery enhances its technological offerings to remain competitive [3]

Core Viewpoint - Chery's new model, the Fengyun A9L, has been launched for pre-sale with a price range of 159,900 to 229,900 yuan, reflecting a strong market demand with over 53,565 blind orders received prior to the pre-sale [1][11]. Design and Manufacturing - The Fengyun A9L was developed over 700 days, incorporating feedback from 5 million global users, leading to features like zero-gravity co-driver seats and 35 storage spaces [1][3]. - The manufacturing process aims to meet luxury standards, with advanced technologies such as a 10,000-ton die-casting body and AI blue light detection at the global R&D center [3]. - The vehicle's dimensions include a length of 5018mm and a wheelbase of 3000mm, featuring a panoramic side window of 1.2 square meters [5]. Interior and Safety Features - The interior includes dual electric sofa seats with 8-point massage and a temperature-controlled refrigerator, along with a high-end audio system featuring 23 speakers and 1080W professional amplifier [7]. - Safety features include 100% automated welding, over 660 intelligent robots, and a body structure made of 88% high-strength steel and aluminum, ensuring enhanced safety performance [7]. - The vehicle is equipped with advanced safety technologies such as AEB (Automatic Emergency Braking) and AES (Advanced Emergency Steering) systems, capable of high-speed emergency maneuvers [7]. Powertrain and Performance - The Fengyun A9L utilizes the Kunpeng Super Energy Electric Hybrid CDM 6.0 system, offering a pure electric range of over 260 km and a comprehensive range exceeding 2500 km [9]. - The performance version features a total power output of 470 kW and torque of 854 N·m, achieving 0-100 km/h acceleration in 4 seconds [9]. - The vehicle's suspension system includes a front double wishbone and rear five-link setup, with a moose test speed of 81.9 km/h [9]. Intelligent Features - The vehicle is equipped with Lingxi Smart Cabin 2.0 and Falcon 700, featuring a Qualcomm Snapdragon 8255 chip and supporting 40 commands per minute [11]. - The Falcon 700 driving assistance system includes 27 sensors and supports over 300 parking scenarios, along with remote OTA upgrades [11]. - Overall, the Fengyun A9L showcases high value in luxury, safety, performance, and intelligence, aiming to redefine the standards of a true C-class flagship vehicle [11].

Core Viewpoint - The article provides an overview of new vehicle models set to be launched in June 2025, detailing specifications, pricing, and market segments for each model [2][3]. Group 1: New Vehicle Launches - Chery Automobile will launch the Jietu Free Traveler on June 23, 2025, positioned as an A SUV with a starting price of 144,900 CNY [7]. - SAIC-GM will introduce the Buick GL8 Land Business Cabin on June 26, 2025, classified as a C MPV, with a price of 229,900 CNY [15]. - Volvo Asia Pacific is set to release the XC60 on June 26, 2025, categorized as a B SUV, with prices ranging from 396,900 to 474,900 CNY for different variants [23]. - SAIC Passenger Vehicle will launch the Feifan F7 on June 26, 2025, a C NB model priced between 182,900 and 211,900 CNY [31]. - SAIC Passenger Vehicle will also release the Feifan R7 on June 26, 2025, a C SUV with a price range of 179,900 to 209,900 CNY [39]. - Xiaomi Automobile will introduce the YU7 on June 26, 2025, a C SUV priced between 253,500 and 329,900 CNY [47]. - FAW Car will launch the Hongqi HS3 PHEV on June 26, 2025, an A SUV priced at 161,800 CNY [55]. - FAW Car will also release the Hongqi H6 on June 26, 2025, a B NB model with prices ranging from 179,800 to 239,800 CNY [63]. - Dongfeng Peugeot will introduce the Peugeot 408X on June 26, 2025, a B NB model priced between 153,700 and 179,700 CNY [71]. Group 2: Technical Specifications - The Jietu Free Traveler features a 2.0T engine with a power output of 187 kW and torque of 390 N·m [7]. - The Buick GL8 Land Business Cabin is equipped with a 2.0T engine, producing 174 kW and 350 N·m of torque [15]. - The Volvo XC60 offers both fuel and plug-in hybrid options, with the fuel variant having a power output of 184 kW and the hybrid variant reaching 228 kW [23]. - The Feifan F7 is a pure electric vehicle with a power output of 150 kW and a torque of 350 N·m [31]. - The Feifan R7 also features a pure electric powertrain with outputs of 150 kW to 165 kW [39]. - The Xiaomi YU7 offers multiple variants with power outputs ranging from 235 kW to 365 kW [47]. - The Hongqi HS3 PHEV combines a 1.5T engine with an electric motor, yielding a total power of 278 kW [55]. - The Hongqi H6 features a 2.0T engine with a power output of 165 kW [63]. - The Peugeot 408X is powered by a 1.6T engine, producing 129 kW [71].

Core Viewpoint - Recent rumors suggest that Zhijie may separate from Chery Group, but internal sources deny these claims, affirming that Zhijie remains under the Huawei "Hongmeng Smart Travel" ecosystem and is fully controlled by Chery Automobile [1][3][4] Group 1: Company Structure and Operations - Zhijie is still part of the Huawei "Hongmeng Smart Travel" ecosystem and has not separated from Chery Group, which continues to hold full control [3] - The establishment of a new company by Zhijie is unclear, as the brand operates independently like other sub-brands under Chery [3] - Zhijie is currently screening dealer qualifications, favoring larger dealers, with a new store in Dongguan covering 10,000 square meters [4] Group 2: Product Development and Market Position - The Zhijie project was initiated in 2022, with significant investment and collaboration between Chery and Huawei, involving thousands of engineers [4] - The first model, Zhijie S7, was launched with a pre-sale price range of 258,000 to 358,000 yuan, but faced delivery delays due to production capacity issues [7] - Zhijie S7 has undergone multiple launches to address market challenges, including a price reduction and added features to stimulate orders [8] Group 3: Internal Dynamics and Resource Allocation - There are claims of internal resource competition between Zhijie and other Chery brands, but Zhijie representatives deny any unfair resource distribution [11][12] - The collaboration between Chery and Huawei has faced challenges regarding technical control and product definition, with both parties having differing priorities [12][14] - Industry experts view the partnership as a testing ground, suggesting that Zhijie's independence may ultimately benefit both companies by allowing them to focus on their strengths [13][14]

Group 1 - The core message emphasizes the importance of enhancing mutual understanding, reducing internal competition, and taking responsibility through technological empowerment and quality improvement to promote high-quality development in the Chinese automotive industry [1][3]. - The automotive industry is evolving from traditional transportation to "super mobile terminals," with over 70% of new cars in the Chinese passenger car market in 2024 equipped with intelligent cockpits and nearly 60% featuring L2-level or higher driver assistance systems [3][4]. - The concept of network civilization is highlighted as a crucial responsibility for automotive companies, with a focus on using technological innovation to ensure safety and compliance in the face of data explosion and challenges [3][4]. Group 2 - Chery Automobile has established a "digital immune system" through the deployment of the world's first vehicle safety operation center intelligent agent in Europe, and has successfully passed the EU R155 cybersecurity certification [4]. - The company exports its automotive products to nearly 120 countries and regions, maintaining the top position in China's passenger car exports for 22 consecutive years [4][5]. - Chery actively promotes Chinese automotive culture abroad, inviting over 5,000 foreign guests to events like the Shanghai Auto Show, and encourages them to share their positive experiences in China on social media platforms [4][5].

Core Viewpoint - Chery's Tiggo 8L has made a significant breakthrough by competing in the modified group of the 2025 China Rally, achieving the first-ever victory for a factory model with the "Chinese Heart" engine in this challenging category [1][2]. Group 1: Company Performance - Chery's Tiggo 8L became the first factory model to compete in the modified group of the China Rally, winning the T1.1 group championship [1]. - The vehicle is equipped with the Kunpeng 2.0T engine, which is a production model, showcasing its capability to compete against heavily modified vehicles with larger engines [1]. - The Tiggo 8 series has previously won consecutive championships in the production group over the past two years, indicating a strong foundation in vehicle reliability and performance [1]. Group 2: Engine Specifications - The Kunpeng 2.0TGDI engine has a maximum power output of 187 kW and a peak torque of 390 N·m, paired with an 8AT transmission that boasts a mechanical efficiency of up to 96% [2]. - This engine maintains stable torque output under high load conditions, presenting a significant challenge for Chery's autonomous power system [2]. Group 3: Event Details - The 2025 China Rally lasted over ten days, covering approximately 4,500 kilometers, with 2,350 kilometers of special stages that included diverse terrains such as deserts, gobi, and Yadan landforms [2]. - The event is known as the "Eastern Dakar," with desert segments accounting for 65% of the course, gobi roads for 15%, and gravel roads for 20% [2].

Core Viewpoint - Chery has integrated its subsidiaries Lion Technology and Dazhuo Intelligence into a unified "Chery Intelligent Center," marking a significant step in its smart strategy and accelerating its focus on intelligent vehicle development [1][6]. Group 1: Company Strategy - The establishment of the Chery Intelligent Center is seen as a crucial move towards a comprehensive transformation into smart technology, with a focus on creating a more efficient and collaborative "combat group" for smart development [1][6]. - Chery plans to increase investments in smart technology and attract top talent, aiming to build an intelligent automotive ecosystem in collaboration with upstream and downstream partners [3][6]. - The new center will include research and innovation modules for smart cockpits, intelligent assisted driving, and digital architecture, forming a complete closed-loop system from hardware to software [6]. Group 2: Leadership Changes - There are reports of potential leadership changes within Dazhuo Intelligence, with CEO Gu Junli possibly leaving the company, while Zhang Xiaohong will take over the smart driving research and development responsibilities [3][4]. - Zhang Xiaohong has a background in smart driving product management at Huawei and NIO, and he is expected to lead the development of Chery's autonomous driving technology [3][4]. - Dazhuo Intelligence, established in February 2023, aims to become an internal brand for autonomous driving technology, contributing to Chery's five key technological pillars [4]. Group 3: Industry Context - Chery has faced criticism for its slow progress in smart technology, and the establishment of Dazhuo Intelligence has not significantly changed this perception [5]. - In November of the previous year, Chery's chairman emphasized the need to accelerate efforts in smart technology to address existing shortcomings [6].

Core Viewpoint - Chery is restructuring its autonomous driving business, integrating Dazhuo Intelligent into its R&D center, with a focus on enhancing its smart driving capabilities and achieving ambitious production targets by 2025 [2][3][4]. Group 1: Company Restructuring - Dazhuo Intelligent will be merged into Chery's R&D center in Shanghai, with CEO Gu Junli likely to leave the company [2]. - Zhang Xiaohong, previously from Huawei and NIO, will lead the smart driving R&D efforts at Chery [2]. - Chery's autonomous driving business will be unified under Gao Jiabing, who is currently an assistant general manager at Chery [2]. Group 2: Product Development and Goals - Dazhuo Intelligent aims to create a dual product matrix of ADAS and high-level L4 solutions, targeting a million-vehicle self-driving solution [2][3]. - Chery plans to launch L2-level assisted driving products in 2023, with a goal of mass production of high-speed NOA by 2024 and full-scene smart driving by 2025 [3]. - By 2025, Chery aims to have 1 million units of smart driving technology in both domestic and international markets [3]. Group 3: Strategic Challenges - Chery's production progress for Dazhuo Intelligent appears insufficient to meet its smart driving ambitions, leading to criticism from Chairman Yin Tongyue regarding the pace of development [4]. - The company is increasingly relying on external suppliers for smart driving solutions, collaborating with firms like Huawei, Alibaba, and Horizon Robotics [5][6]. - Chery has accelerated partnerships with external suppliers, including a $100 million strategic investment in Qingzhou Zhihang for mid-to-low-end smart driving solutions [5].