CATL(SZ:300750) Mei Ri Jing Ji Xin Wen·2025-11-05 04:44Core Viewpoint - JD.com, in collaboration with GAC Group and CATL, has launched its first "National Good Car" - the Aion UT Super 1, marking a significant entry into the automotive market [1][6]. Group 1: Product Launch and Features - The Aion UT Super can be produced in as fast as 53 seconds per unit, with the factory operating at full capacity and workers putting in an extra 3 hours daily to ensure timely delivery for the first batch of customers [2][4]. - The vehicle is positioned as a battery-swapping model, with an estimated price range of 100,000 to 120,000 yuan, and is set to be officially released during the 11.11 shopping festival, exclusively sold by JD.com [4][6]. Group 2: Auction and Consumer Engagement - The first model, the "National Good Car" 001, was auctioned for 78.19 million yuan after intense bidding, although the high price raised questions about the transaction's completion [5]. - JD.com plans to reward participants in the auction with a 399 yuan gift package and offer a chance to win a car for the closest bid to the final price [5]. Group 3: Strategic Partnerships and Business Model - JD.com is primarily providing consumer insights and exclusive sales, while GAC handles manufacturing and CATL supplies battery technology, creating a comprehensive automotive consumption model [6]. - The company is expanding its automotive business through both online and offline channels, including the establishment of car maintenance stores and partnerships with major automakers like BYD and Dongfeng [6]. Group 4: Market Performance - As of November 5, JD.com's stock price decreased by 0.08%, while CATL's stock showed mixed performance with a 1.1% increase in A-shares and a 1.92% decrease in H-shares [8].