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].

Core Insights - Xiaopeng Motors has officially launched its new SUV model G7, which is positioned as the "world's first L3-level AI car with high computing power" [1][2] - The G7 will be available in two versions, Max and Ultra, with the Ultra version featuring three self-developed Turing AI chips, achieving a total computing power of 2200 Tops, which is three times higher than the current industry flagship standards [1][2] - The G7 introduces the industry's first AR-HUD technology that projects navigation information directly onto the road, enhancing driving safety and experience [2] Product Features - The G7 Max version is equipped with two Orin-X chips, while the Ultra version includes three Turing AI chips, with a single Turing chip's performance equivalent to three Orin-X chips [1] - The vehicle's design maximizes interior space utilization, achieving a roominess rate of 88%, with a trunk capacity of 819L that can be expanded to 2277L [1] - The G7 features the VLA-OL model for intelligent driving assistance, marking a technological leap from traditional reflective driving assistance to cognitive intelligent driving [1][2] Industry Impact - The launch of the G7 signifies the entry of the smart automotive industry into the "Ultra era," laying a hardware foundation for the mass production application of L3/L4 level autonomous driving technology [2] - The significant increase in computing power standards is expected to lead to greater breakthroughs in intelligent driving technology in the coming years [3]

Core Insights - Xiaopeng G7 is the first in the industry to launch a fully locally deployed "VLA+VLM model" supported by three powerful Turing AI chips [1] - The chairman of Xiaopeng Motors, He Xiaopeng, emphasized that computing power is the primary standard for measuring AI vehicles [1] - High computing power significantly enhances intelligent assisted driving capabilities and greatly improves safety margins [1]

Core Viewpoint - Factory tours have become a popular low-cost leisure activity for young people, transforming industrial sites into tourist attractions and social experiences [5][20][28]. Group 1: Factory Tour Trends - In January 2025, Xiaomi's factory tour attracted 4,600 applicants for a limited 20 spots, indicating a low acceptance rate of 0.4%, which is even lower than the odds of winning a Shanghai license plate [3]. - The social media presence of "industrial tourism" increased by 125% in 2024 compared to 2023, although it saw a decline in 2025, with only about 25% of the previous year's engagement by May [7][10]. - Over the past five years, at least 13 companies have opened their factories to the public, primarily in the automotive and food and beverage sectors [15][16]. Group 2: Historical Context and Evolution - The concept of factory tours originated in the 1950s in France with Citroën, and in China, it was used in the 1960s and 70s for business and technical exchanges [12][13]. - Historically, factories were viewed as uninviting production sites, but they are now being reimagined to attract visitors with unique experiences [14][19]. Group 3: Visitor Experience and Engagement - Factories are now designed to provide interactive experiences, such as mini-factories for children and immersive tours that highlight production processes [17][18]. - Young visitors often view factory tours as a form of entertainment, akin to visiting a theme park, with modern production lines offering visually appealing experiences [22][26]. Group 4: Business Implications - Factory tours serve as a new marketing strategy, allowing companies to convert manufacturing costs into competitive advantages by showcasing transparency and building trust with consumers [29][30]. - For example, Qingdao Beer Museum generated approximately 3.99 million yuan in revenue during the 2025 Spring Festival from ticket sales alone [28]. - The factory tour market in China currently holds less than 5% of the total tourism market, indicating significant growth potential [34][35]. Group 5: Future Prospects - The growth of factory tours depends on their ability to pique public curiosity and provide low-barrier experiences, with the potential for more engaging projects to be developed [36].

Core Insights - Xiaopeng Motors launched the G7 globally on June 11, showcasing its advanced capabilities in AI and autonomous driving technology [1] - The G7 features three Turing AI chips, providing the industry's first L3-level computing platform with over 2200 TOPS of computing power, which is 3 to 28 times more effective than other flagship models in the industry [1] - Despite achieving L3-level computing power, the G7 is not classified as an L3 vehicle, as it requires additional L3-level hardware redundancy and legal certification to meet the full criteria [1]

以下文章来源于一见Auto ，作者一见编辑部 从6月10日夜间开始，多家一线车企陆续宣布，自即日起对供应商支付账期统一缩短至60天以 内，截至发稿， 做出公开承诺的车企达到16家 ，包括一汽、广汽、东风、吉利、赛力斯、长 安、奇瑞、比亚迪、小鹏、蔚来、小米和长城汽车等。（→ 回顾 ） 作 者丨何煦阳 郑植文 易思琳 焦文娟 编 辑丨吴晓宇 一见Auto . 汽车竞争中的野心、方法论与新秩序。21世纪经济报道旗下汽车报道品牌。 这被业内解读为利好汽车供应链企业，二级市场亦迅速响应。6月11日早盘，汽车零部件概念 股集体走强，截至午间收盘，东方财富汽车零部件板块上涨2.32%，美晨科技、欣锐科技、华 阳变速、迪生力、泉峰汽车、金麒麟等多股涨停。（→ 回顾 ） 一个不容忽视的背景是，6月1日，修订后的《保障中小企业款项支付条例》正式实施，其中 第九条明确规定，"大型企业从中小企业采购货物、工程、服务，应当自货物、工程、服务交 付之日起60日内支付款项。" 一位汽车行业人士认为， "账期缩短至60天，是解决车企内卷的方式之一。但对于资金不宽裕 的车企，处境就更困难了。" 过去三年，在激烈的价格战背景下，车企利润连年跳 ...

Group 1: Industry Developments - The State Council has mandated that automotive companies limit supplier payment terms to within 60 days to ensure efficient capital turnover in the supply chain, aiding collaborative development in the industry [2][3] - CATL has officially announced the mass production of its next-generation large-capacity energy storage cell, the 587Ah cell, which is expected to be produced at its Jining base in Shandong [4][5] - China Salt Lake has made significant progress with its 40,000 tons/year integrated lithium salt project in the Qaidam Basin, transitioning from construction to trial production [6][7] Group 2: Corporate Actions - Deyang Nano has announced plans to introduce strategic investors through a capital increase and share expansion for its subsidiary, Shenzhen Deyang Chuangyu New Energy Technology Co., Ltd. [8][9] Group 3: International News - Swedish battery manufacturer Northvolt is set to halt production at its last factory in northern Sweden by the end of June if it fails to find a buyer amid bankruptcy proceedings [10][11] - Zimbabwe's Minister of Mines announced a ban on lithium concentrate exports starting in 2027 to promote local processing [12]

Core Viewpoint - The Chinese automotive market is experiencing severe supply-demand imbalance and negative effects from price wars, leading to distorted business practices among listed car companies [2][4][12]. Group 1: Market Dynamics - The average sales growth rate in China's domestic automotive market over the past three years is only 1.8%, with profit margins continuously declining [4][11]. - The phenomenon of "0-kilometer used cars" has emerged, where new cars are registered and then sold as used cars to alleviate inventory pressure and meet sales targets [6][9]. - The automotive industry is facing a significant overcapacity issue, with many listed companies reporting utilization rates below 50% [13][25]. Group 2: Industry Practices - Some car manufacturers and dealers engage in practices such as "virtual invoicing" to obtain subsidies, contributing to a culture of financial manipulation [6][9]. - The trend of selling "pseudo-used cars" at steep discounts (up to 30% off) is prevalent, indicating a hidden price war within the industry [7][9]. - The competitive landscape has led to a "winner-takes-all" scenario, forcing traditional automakers to downsize and restructure [15][16]. Group 3: Regulatory Response - The Ministry of Commerce has initiated discussions with major car manufacturers regarding the "0-kilometer used car" issue and is working to regulate market practices [4][22]. - There is a call for stricter regulations to address the ongoing price wars and restore healthy competition in the automotive sector [22][26]. - The government is promoting initiatives like the "2025 New Energy Vehicles Going to the Countryside" program to stimulate demand and help manufacturers reduce inventory [26][27]. Group 4: Future Outlook - The automotive industry is expected to undergo a "淘汰赛" (elimination race) in the second half of the year, which may further impact weaker companies [16]. - Despite the challenges, there are potential benefits from government initiatives aimed at boosting sales of new energy vehicles [26]. - The overall production capacity in China may exceed 50 million units, while the global automotive production is around 90 million units, highlighting a significant structural overcapacity [23][25].

2.【小米汽车高管回应青岛着火事故：系碰撞致副驾易燃物起火】6月11日，小米汽车副总裁李肖爽 发文，对网传的青岛一辆小米汽车着火视频进行说明。 李肖爽称，"这是在青岛发生的一起普通交通 事故，系自车在正常直行过程中，与旁边工地突然穿出的车辆发生碰撞，造成车内副驾易燃物品起 火，随后消防人员将火扑灭，无人员受伤。"（IT之家） 1.【车企集体承诺账期缩至60天，专家：还应规范支付方式】近日各车企纷纷宣布对供应商账期缩短 到60天以内，其背景是积极响应国家及相关部委保障产业链供应链稳定、促进汽车产业高质量发展的 要求。中国汽车流通协会专家委员会委员章弘指出，之前汽车供应链企业普遍面临较长的回款周期， 有时多达9个月甚至更长，导致许多中小配套商的资金链紧张，不得不依靠贴现、短贷等方式维持运 营。缩短账期能够缓解供应商的资金压力，提升其经营韧性和创新能力。不过，仅靠各车企口头承诺 60天账期未必能确实保障供应商能及时拿到回款，还应规范支付方式，如要求必须使用现金、禁止使 用6个月承兑汇票等，以真正杜绝回款延迟到账的现象。（中新经纬） 扫码订阅汽车交通产业日报， 精选行业新闻，帮你省时间！ 此外，如果您还想 查公司、找 ...