出品丨虎嗅汽车组 "缩短账期之外，更重要的是结算方式，如果60天后再给商票，帮助并不大。"一位长期跟踪汽车行业的业内人士 说道。 作者丨肖漫 头图丨《西线无战事》剧照 6 月 10 日晚至今，已有 17 家车企作出承诺"将供应商支付账期统一至 60 天内"。 汽车供应链一直苦于"长账期压力"，这是第一次真正被摆到台面上寻求解决方案，车企给出的"60 天承诺"是否能 够彻底解决供应链承压难题？ 汽车供应商苦账期久矣 汽车零部件行业应收账款金额连年上升。Wind 数据显示，2014年以来，大部分中国汽车供应链企业应收账款在成 倍增长，部分企业甚至在十年间翻了 10 倍以上。 账款周期也在持续走高。截止 2024 年三季度末，比亚迪、长城、上汽等车企应付账款周转天数为 145天、153 天、177天，包括蔚来、小鹏等新势力厂商此前也时常高于 150 天，普遍高于特斯拉、通用、大众等汽车公司。 账期拉长，车企借助腾挪得来的资金支撑其在前端打价格战，转嫁了资金压力，而供应商只能被迫等待，应收账 款不断累高，加大供应商的经营压力。 此次众多车企公开作出"60天账期承诺"由上至下敲响了警钟，给了汽车供应链回收账款的希望。但 ...

Core Viewpoint - The automotive industry has lingered in the L2 era for too long, and it is time to move forward with advancements in AI technology, as demonstrated by the launch of the Xiaopeng G7, which is the world's first L3-level AI car [2] Hardware Developments - The Xiaopeng G7 Ultra version features three self-developed Turing AI chips, providing an effective computing power exceeding 2000 TOPS, which is 3 to 28 times more than other flagship models in the industry [2] - The Turing AI chips can simultaneously drive both intelligent driving models and cockpit models, with the intelligent cockpit achieving 26 times the effective AI computing power compared to industry leaders [2] Software Innovations - The G7 introduces the industry's first intelligent driving brain and small brain VLA-OL model, enhancing intelligent auxiliary driving capabilities by over 10 times compared to the industry's MAX models [3] - The VLA model enables vehicles to understand, reason, and make decisions like humans, showcasing human-like judgment in complex scenarios such as obstacle avoidance and emergency vehicle yielding [3] User Experience Enhancements - The G7 operates entirely on a local end, allowing users to enjoy a stable and reliable intelligent auxiliary driving experience without concerns about network latency [4] - The G7 also features the VLM visual model, which acts as the vehicle's command center, guiding the evolution of intelligent driving and cockpit capabilities, with future functionalities including local chat and proactive services [4] - Following its launch, the G7 received over 10,000 pre-orders within 46 minutes, indicating strong market interest [4]

Market Capitalization Changes - Tesla's market capitalization reached $105.14 billion, with an increase of $1 billion from the previous day, and its stock price is $326.43 [3] - Toyota's market capitalization is $238.97 billion, showing a decrease of $34.67 million, with a stock price of $182.61 [3] - Xiaomi Auto's market capitalization is $177.55 billion, increasing by $10.24 million, with a stock price of $6.88 [3] - BYD's market capitalization is $154.61 billion, decreasing by $26.58 million, with a stock price of $49.52 [3] - Ferrari's market capitalization is $85.96 billion, decreasing by $7.11 million, with a stock price of $482.39 [3] Other Notable Companies - General Motors has a market capitalization of $47.95 billion, increasing by $9.03 million, with a stock price of $49.87 [4] - Ford's market capitalization is $42.39 billion, increasing by $2.4 million, with a stock price of $10.66 [4] - Hyundai's market capitalization is $35.90 billion, increasing by $4.57 million, with a stock price of $22 [4] - Kia's market capitalization is $28.44 billion, increasing by $4.34 million, with a stock price of $71.84 [4] - Nissan's market capitalization is $8.74 billion, decreasing by $0.97 million, with a stock price of $2.50 [5]

经观汽车 6月11日晚，小鹏G7正式开启预订，预售价为23.58万元起。新车将于三季度上市，目前全国展车已陆续 到店。 按照官方说法，小鹏G7是一款"全球首款L3级算力的AI汽车"，不仅首次搭载了自研的图灵AI芯片，还 配备与华为合作的"追光"全景抬头显示系统。 这辆中型SUV的车身尺寸为4892×1925×1655mm，轴距为2890mm。全系标配702km（CLTC）续航、 800V平台、5C超充，采用DCC减振器与"太极液压套"组合，四个座位都支持加热、通风、按摩、电动 调节。 此外，还有0-90°可调折叠桌板、15.6英寸中控屏、8英寸后排娱乐屏，以及同级最大的2.18㎡全景天幕 等配置。 G7共推出Max与Ultra两个版本。区别在于，Max版配有两颗Orin-X芯片，而Ultra版搭载三颗图灵AI芯 片，整体算力更高。 当所有核心话术都围绕AI、模型和算力铺陈时，那些与实际使用体验直接相关的信息，却被小心地绕 开了，电池类型、是否配备热泵、不同版本是否共用动力系统，在整场发布中只字未提。 这是一次典型的投机式表达。试图用模糊的未来感遮蔽清晰的当下，用高悬的技术叙事回避最基础的产 品交代。 不是讲得 ...

自6月10日开始，陆续有国内汽车企业向社会公开承诺，将供应商支付账期统一至60天内，部 分企业承诺不采用商业承兑汇票等增加供应商资金压力的结算方式。 此次汽车产业集体发声，是落实"反内卷"政策导向的具体措施，以此避免无序"价格战"破坏行 业的稳定与高质量发展，也是为响应2025年6月1日施行的《保障中小企业款项支付条例》。 该条例核心内容包括，明确60日支付期限、禁止强制接受商业汇票等非现金支付方式、强化 协同监管体系等，旨在解决中小企业账款拖欠问题，优化营商环境。 在过去，我国新能源汽车产业快速发展，新能源汽车为争夺燃油车市场，采取了持续降价的 方式，带动包括燃油车在内的乘用车价格不断下降，而承受降价成本的，主要来自上游供应 商。供应商在这个过程中，也不断推动技术创新与降本增效，激烈的市场竞争促进了我国汽 车产业整体发展。 大型国际车企基本都能够实现60天内付款，首先是遵守法律的结果。比如德国对商业交易延 迟付款现象设有专门立法，一旦超出标准付款期限，债权人将有权以比基本利率高9个百分点 的利率获得违约利息。其次，是建立了稳定可靠的行业共同体。比如日本车企与上游供应商 是稳定协作的关系，强调生产质量、技术与 ...

关注 「电动车公社」 和我们一起重新思考汽车 小鹏 G7 开启预售，预售价 23.58 万元 ； 一汽丰田 bZ5 上市，售价 12.98-15.98 万元； 奇瑞多米上市，售价 5.99-6.99 万元； 小米 SU7 Ultra 量产版，登顶纽北史上最速量产电动车； 新车共有 6 种车身配色 4 款内饰配色，长宽高车身尺寸为 4892×1925×1655mm 、轴距 2890mm ，后排座椅放倒可扩充至 2277L 后备厢空间，全车 39 处收纳空间，配备 2.17 ㎡全景天幕， 256 色氛围灯； 系 進科 汉美子 为极致空间而生 《今日新闻》将会每天给大家带来几条当日重磅新闻，并附上社长的简单评论。关注「电动车公社」，新能源圈大事小事 看我们就够啦～ 今日新闻要点： 1 、 小鹏 G7 开启预售，预售价 23.58 万元 6 月 11 日，小鹏 G7 开启预售，预售价 23.58 万元。 智能座舱采用 15.6 英寸前排触控屏 +8 英寸后排娱乐屏的组合，前后排可双屏联动，悬浮式中岛搭配双 50W 无线快充，采用婴儿级环保舒适座舱、全新云 感舒适座椅，同级唯一后排搭配 50W 风冷无线充； 19 X ...

Core Insights - Xiaopeng G7 officially launched and available for pre-sale, positioned as an AI smart family SUV with a pre-sale price of 235,800 yuan [4] - Xiaopeng G7 is the first vehicle to achieve L3-level computing power, featuring three Turing AI chips, providing effective computing power exceeding 2200 TOPS, significantly outperforming competitors [2] - The vehicle introduces advanced software capabilities, including the VLA-OL model for intelligent driving and VLM visual model for enhanced vehicle operations, promising future functionalities like local chat and multi-language support [2] Design and Features - The exterior offers six color options, while the interior features four color choices, along with a new generation of cloud comfort seats with multiple functionalities [3] - The vehicle includes an AR-HUD developed in collaboration with Huawei, addressing common HUD issues and enhancing navigation and safety features [3] - Entertainment features include a 7.1.4 surround sound system, a 15.6-inch central control screen, and a 9-inch streaming rearview mirror, enhancing user interaction [3] Space and Storage - The G7 boasts an 88% usable space rate, with ample headroom and a trunk capacity of 819 liters, expandable to 2277 liters, accommodating up to 37 pieces of 20-inch luggage [3]

Group 1 - The average accounts payable turnover days for 12 major automotive companies is 170 days, with the longest being BAIC Blue Valley at 248 days and Xpeng Motors at nearly 233 days [1] - 12 automotive companies have a cumulative accounts payable exceeding 1.1 trillion yuan, with BYD, SAIC Motor, and Geely Holding leading at 244 billion yuan, 241 billion yuan, and 182 billion yuan respectively [1] - The average accounts payable as a percentage of revenue for these companies exceeds 40%, with 11 out of 12 companies surpassing 30%, and some like Chery, Changan, and NIO reaching around 50% [1] Group 2 - 17 automotive companies have collectively committed to a 60-day payment term, which may alleviate supplier cash flow pressure but increase cash flow pressure on the companies themselves [2] - The automotive industry has a high average debt-to-asset ratio, with NIO and Seres projected to reach 87.45% and 87.38% respectively in 2024, while the industry average is 66.32% [2] - Other companies' debt-to-asset ratios for 2024 include BAIC Blue Valley at 75.33%, BYD at 74.64%, Geely Holding at 69.74%, and SAIC Motor at 63.77% [2]

Core Insights - The automotive industry is facing significant cash flow pressures as major companies have committed to a 60-day payment term for suppliers, while their current average accounts payable turnover days exceed 170 days, with some companies reaching up to 248 days [1][3][5] Group 1: Accounts Payable Situation - The average accounts payable turnover days for 12 major automotive companies is 170 days, with the longest being BAIC Blue Valley at 248 days and Xpeng Motors at 233 days [1][2] - The total accounts payable for the 12 companies exceeds 1.1 trillion yuan, with BYD, SAIC Group, and Geely Holding having the largest amounts at 244 billion, 241 billion, and 182 billion yuan respectively [1][2] - The average accounts payable as a percentage of revenue for these companies is over 40%, with several companies like Chery, Chang'an, and NIO exceeding 50% [1][2] Group 2: Impact on Suppliers - Automotive manufacturers are extending payment terms to improve their cash flow, effectively transferring financial pressure to suppliers who are often unable to refuse due to the manufacturers' market power [3][5] - Steel suppliers are particularly affected, facing demands for price reductions that exceed their capacity, leading to a lack of profitability in supplying automotive steel [4][5] Group 3: Financial Health and Debt Levels - The automotive sector is characterized by high debt levels, with NIO and Seres having asset-liability ratios of 87.45% and 87.38% respectively, significantly above the industry average of 66.32% [6] - Many companies are investing heavily in new energy vehicles without corresponding revenue, contributing to elevated debt ratios [6]

Core Insights - The core focus of the article is on the launch of the Xiaopeng G7, which features the self-developed Turing AI chips, marking it as the first AI car with L3-level computing power [1][2][4]. Product Features - The Xiaopeng G7 is equipped with three Turing AI chips, significantly enhancing its computing capabilities, with effective computing power exceeding that of mainstream chips like Orin-X by three times [4]. - The G7 is currently capable of L3-level computing but does not yet possess L3-level driving capabilities, which require additional software, hardware redundancy, and regulatory certification [4][5]. Market Positioning - The pre-sale price of the Xiaopeng G7 starts at 235,800 yuan [2]. - The G7 aims to compete in the crowded market segment against models like Tesla Model Y, Leapmotor L60, and BYD Tang L, among others [8]. Future Developments - Xiaopeng plans to introduce more models equipped with Turing AI chips in the upcoming quarters, with production having started in Q2 and more models expected to be mass-produced in Q3 [6]. - The company is focusing on enhancing its autonomous driving and smart cockpit capabilities based on the Turing AI chip, with a vision for significant innovations by 2025-2026 [8]. Competitive Landscape - Xiaopeng's existing models, such as the G6 and G9, are priced between 199,900 to 359,900 yuan, and the company is concerned about potential internal competition among its models [9].