10月20日，京东汽车此前宣布将联合宁德时代和广汽集团共同推出一款"国民好车"的相关车辆细节曝 光。京东相关车辆预约页面显示，该车在车身结构方面，其采用高强度笼式车身设计，高强度钢占比超 70%，正面立体防护框架使车身抗冲击性提升18%；侧面配备一体式热成型双门环，采用特斯拉 Cybertruck同款侧面防护技术，搭配新国标机械式半隐藏安全门把手。在性能层面，车辆整备质量超同 级车型300kg，轮距超同级（同级别车辆）水平45mm、胎宽超同级水平10mm；麋鹿测试成绩超 75km/h。记者了解到，该车还将采用"车电分离"的购车模式，电池可充可换，换电时间将低至99秒。 （贝壳财经） ...

Core Insights - JD.com has launched a new vehicle in collaboration with GAC Group and CATL, generating significant consumer and industry interest since its announcement of the "National Good Car" initiative [1][5] - The vehicle features advanced manufacturing techniques, including a high-strength cage design with over 70% high-strength steel, enhancing its impact resistance by 18% [3] - JD.com is actively recruiting for high-paying positions in its automotive division, indicating a strategic focus on preparing for the vehicle's market launch and subsequent user operations [5] Vehicle Specifications - The vehicle's body structure utilizes a high-strength cage design, with over 70% high-strength steel, achieving industry-leading standards [3] - It boasts a weight advantage of over 300 kg compared to similar models, with a wider wheelbase and tire width, improving grip [3] - The vehicle's moose test performance exceeds 75 km/h, showcasing solid dynamic capabilities [3] Recruitment and Talent Acquisition - JD.com is offering competitive salaries for various positions, with some roles exceeding 1 million yuan annually, indicating a strong investment in talent for the automotive sector [5] - Key positions include algorithm engineers, product directors, and marketing specialists, all crucial for the vehicle's launch and operational success [5] Strategic Partnerships - JD.com has deepened its strategic collaboration with Changan Automobile and CATL, focusing on comprehensive marketing and service networks, as well as battery aftermarket solutions [6] - The partnership aims to explore innovative vehicle development, including smart logistics and new energy vehicles [6] Auction and Market Engagement - The first vehicle (001) has been showcased on JD.com's auction platform, starting at a price of 1 yuan, with over 25,000 reservations made prior to the auction [7][8] - The auction process is set to last four hours, with the final price determined by user bids, reflecting a unique consumer engagement strategy [8]

据此前报道，这款由京东汽车宣布联合宁德时代旗下的时代电服和广汽集团共同推出的新车，根据披露的定位和车辆配置，预估定价在10万元-12万元之 间。按规划，该车将于京东双十一期间正式发布，并由京东进行独家销售，在车型方面，有望将采取"巧克力换电"模式，预计为广汽埃安换电车型。 此外，天眼查App显示，北京京东叁佰陆拾度电子商务有限公司已申请注册多枚"京东汽车""京东汽车 JD AUTO""京东汽车 CAR.JD.COM"商标，国际分类 为运输工具、科学仪器、广告销售等，当前部分商标已注册成功。 10月20日，京东在车辆预约页面更新部分数据信息，披露数据主要以车身制造工艺及数据为主。据悉，车身结构方面，其采用高强度笼式设计，高强度钢 占比超70%，正面立体防护框架使车身抗冲击性提升18%；侧面配备一体式热成型双门环，采用与特斯拉Cybertruck同源技术，并搭配新国标机械式半隐 藏安全门把手。性能层面，车辆整备质量超同级车型300kg，轮距宽于行业45mm、胎宽多出10mm，麋鹿测试成绩超75km/h。 | 概在用的整业理 | 四公司 值合刻 WANT WSLive | | | | | --- | --- | - ...

该车的预约界面已经公布了部分车辆信息。这款新车采用高强度笼式车身、高强度钢占比 > 70%，配备 新国标机械式半隐藏安全门把手，号称"无惧撞击断电"。 【京东官方宣布：#京东汽车搭载机械式半隐藏门把手#】在 10 月 14 日的京东 11.11 全球好物节发布会 上，京东宣布联合宁德时代、广汽共同推出一款"国民好车"。该车将于双 11 期间正式发布，并于京东 平台开启独家销售。 官方介绍，该车整备质量超同级车 300kg，轮距超同级水平 45mm，胎宽超同级水平 10mm，120km/h 高速路段变道稳如磐石，麋鹿测试 75km/h 以上。 6 @新浪科技 。轮距超同级水平45mm 。胎宽超同级水平10mm 。 抓地力强 更重 。整备质量超同级车300kg 更稳 。120km/h高速路段变道 稳如磐石 (请退守交通法规,安全文明驾驶) 。廣鹿測试75km/h以上 更宽 此外，该车还支持宁德时代旗下的巧克力换电，采用全新的"车电分离"购车模式。电池可充可换，换电 时间低至 99 秒；电池承诺只换不修（电池订阅模式）。 国民好车 高强度笼式车身 360°无死角守护 高强度钢占比 > 70% -体式热成型双门环 特 ...

Investment Rating - The report maintains a positive investment rating on the automotive sector, particularly focusing on robotics as the main investment theme for Q4 [3][4]. Core Insights - The automotive market remains optimistic despite short-term adjustments and concerns over US-China trade tensions. The bullish trend is expected to continue, with robotics being a key investment focus [4]. - The report highlights several catalysts that could drive future growth, including Tesla's product iterations, North American giants' market entry, domestic star companies' expansions, and supportive industrial subsidy policies [4]. Data Tracking - In early October, the discount rate slightly decreased to 9.5%, with a discount amount of 21,384 yuan, reflecting a year-on-year increase of 2,937 yuan [6]. - The report tracks various automotive components and companies, recommending several key players in the automotive parts and robotics sectors, including Minth Group, Top Group, and others [8]. Industry News - In September, the retail sales of passenger cars reached 2.241 million units, a year-on-year increase of 6.3%, with cumulative sales for the year reaching 17.004 million units, up 9% [33]. - The report notes that the production and sales of automobiles in September exceeded 3 million units for the first time in history, with year-on-year growth rates remaining above 10% for five consecutive months [33][34]. - The report also mentions significant developments in the electric vehicle sector, with domestic brands accounting for 59.5% of electric vehicle exports in the first three quarters [33].

"电商平台+电池巨头+传统车企"的创新组合，为行业提供了新的想象空间。 作者丨彭鑫 编辑丨安安 近日，京东正式官宣将联合广汽集团、宁德时代推出首款车型，并计划于今年"双十一"在京东平台开启独家销售。 10月16日，2025世界智能网联汽车大会上，广汽集团董事长冯兴亚表示，以技术参数为导向的造车思维已经不适应当下，传统制造企业需要加速迈向用户服 务型企业。 对此，京东方面则明确表示"不造车"，不会直接涉及制造环节。目前，这款合作车型已以1元起拍的形式在京东拍卖上线。 图源：京东APP 电商带来了全新的销售与用户触达思路，电池巨头提供了核心技术背书，而车企则确保了制造落地。 在竞争日益白热化的市场里，这次合作也体现了向广汽这种传统车企正积极寻求外部合作，试图打开新局面的迫切心态。 海通国际证券认为，三方协同潜力可期，成果依赖执行与生态联动。此次合作对三方均具战略意义。但能否形成可复制的盈利模式，仍依赖三方面：一是换 电网络扩展速度与标准兼容性；二是用户体验与品牌信任的积累；三是三方在资金、运营及数据层面的协同深度。短期内项目更具示范属性，长期若模式跑 通，将为各方打开新的成长曲线。 "1+1+1 >3？" 汽车制 ...

Core Insights - GAC Trumpchi launched the new M8 Master model, further reducing the entry price for the M8 series, which initially started at 329,900 yuan [2] - The Trumpchi Xiangwang series, developed in collaboration with Huawei and CATL, aims to enhance brand positioning and offer high-quality, long-range electric vehicles [2][4] - The M8 Master features a shift in its intelligent driving system from Huawei to Momenta, which is seen as a key factor in its price reduction [2][4] Product Details - The M8 Master is available in two versions: the laser radar version priced at 269,900 yuan and the premium version at 249,900 yuan [2] - The vehicle is equipped with a powerful Momenta driving assistance system, featuring a high-performance NVIDIA Orin-X chip and 27 high-spec sensors for comprehensive 360-degree perception [3] - The M8 Master boasts a 2.0T engine combined with a dual-mode DHT system, achieving a total torque of 645 N·m and a range exceeding 1,400 kilometers on a full charge and full tank [4] Market Context - The MPV market, particularly in the 250,000 to 300,000 yuan segment, has limited options for advanced driving assistance features, creating a competitive gap that the M8 Master aims to fill [3] - The domestic MPV market has seen a decline in sales in August and September, intensifying competition among brands like Weipai and Tengshi [5] - GAC Trumpchi has a strong market presence with over 800,000 cumulative sales in the MPV segment, including more than 450,000 units of the M8 model [5]

Core Viewpoint - GAC Trumpchi has officially launched the new MPV model, the Xiangwang M8 Master, which aims to capture a larger market share in the competitive MPV segment with a strong focus on family and business use, offering high-quality features at a competitive price point [3][33]. Product Launch and Features - The Xiangwang M8 Master was launched on October 16, with two versions priced at 289,900 CNY and 269,900 CNY [3]. - The vehicle dimensions are 5251mm in length, 1893mm in width, and 1823mm in height, with a wheelbase of 3070mm [6]. - It features a 2+2+3 seating layout, a Momenta driving assistance system, and a battery capacity of 25.5kWh, providing a pure electric range of 136km [6][8]. Performance and Efficiency - The M8 Master is equipped with a 2.0 hybrid engine, delivering a maximum torque of 330N·m and a power output of 300kW [8]. - It boasts a fuel consumption of 6.15L per 100km and a comprehensive range of 1057km, with an extreme range exceeding 1400km [10]. - Fast charging capability allows the battery to charge from 30% to 80% in just 14 minutes [11]. User-Centric Design - The vehicle's side sliding door design has been improved for easier access, with a width of 750mm and a height of 1300mm [15]. - Adjustments to the entry step height and width have been made based on user feedback, enhancing comfort for all passengers [17]. - The front seats now include a massage function, catering to both family and business users [17]. Safety Enhancements - The M8 Master features a high-strength steel body with an 81.7% high-strength steel ratio, enhancing crash safety [27]. - It includes a unique rear window airbag to protect third-row passengers during rear-end collisions [29]. - The vehicle's battery has achieved a safety record of 48 billion kilometers without self-ignition [31]. Market Positioning - The M8 Master is priced starting at 269,900 CNY, with promotional pricing potentially lowering it to 249,900 CNY, making it competitive against mid-to-high-end SUVs [33]. - This pricing strategy aims to attract a broader customer base in the growing MPV market, which is becoming increasingly competitive with entries from major players like Huawei and BYD [33].

Core Points - JD.com has launched the auction for its first car, starting at a price of 1 yuan, allowing car owners to determine the final price [1] - The auction began on October 17, with the official bidding starting on October 22 at 14:00 [1] - Over 170,000 participants have engaged in the interactive pre-launch activities for the car [1] Group 1 - JD.com announced a collaboration with GAC Group and CATL to launch a mysterious "National Good Car" during the Double 11 shopping festival [2] - JD.com is not directly involved in the manufacturing process; GAC Group handles intelligent vehicle manufacturing, while CATL provides battery technology and battery swap ecosystem support [2] - JD.com will leverage its online and offline channels for sales and services, planning to exclusively sell the car online during the Double 11 event [2]

| A | 股代码：601238 | A | 股简称：广汽集团 | 公告编号：2025-069 | | --- | --- | --- | --- | --- | | H | 股代码：02238 | H | 股简称：广汽集团 | | 广州汽车集团股份有限公司 关于子公司为其参股公司提供委托贷款的进展公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重 大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、委托贷款情况概述 广州汽车集团股份有限公司（简称"本公司"或"公司"）分别于 2022 年 9 月 23 日及 2022 年 10 月 14 日召开第六届董事会第 23 次会议和 2022 年第二次临 时股东大会，审议同意全资子公司广汽零部件有限公司（简称"广汽部件"）按 49%的持股比例向其参股公司长沙麦格纳汽车外饰有限公司（简称"长沙麦格纳" 或"参股企业"）提供不超过 3,675 万元委托贷款，利率参考同期 LPR，期限不 超过三年。 截至本公告披露日，广汽部件向参股公司长沙麦格纳提供的委托贷款余额为 2,695 万元，委托贷款到期日为 2025 年 10 月 14 日 ...