SU7是小米汽车第一款产品，定位高性能纯电轿车。雷军回顾2年前小米汽车首次发布会提到"安全是基 础和前提，并介绍了整车安全的设计思路。" 雷军提到，2024年3月28日，我们正式发布了SU7，4月份开始交付。仅仅1年9个月时间，小米SU7 交付 超过了 36万辆车，月均超过1.7万辆。 新京报贝壳财经讯（记者陈维城）1月7日上午，小米创始人、董事长兼CEO雷军发文称，将发布新一代 改款车SU7，预计4月份上市。今天上午10点开启小订。 雷军介绍，"新一代SU7 仍然是一台出色的驾驶者之车：新颜色、新轮毂、新内饰依然惊艳，安全进一 步增强，全系标配激光雷达，辅助驾驶全部满配，续航有新的重大突破……还有，更先进的智能底盘让 驾驶质感更出色，更强大的智能座舱和辅助驾驶系统造就的智能体验。" 编辑 杨娟娟 校对 王心 ...

Core Viewpoint - The new model, Roewe M7DMH, is redefining the value benchmark in the 100,000 yuan hybrid market with a starting price of 85,800 yuan, offering a comprehensive range of 2,050 kilometers and luxury features typically found in larger vehicles [1][10]. Pricing and Positioning - Roewe M7DMH enters the market at a limited-time price of 85,800 yuan, addressing the price sensitivity of consumers searching for hybrid vehicles in the 100,000 yuan range [2][12]. - Unlike traditional perceptions that 100,000 yuan only buys compact hybrid cars, the M7DMH is positioned as a "long-range mid-size luxury sedan," highlighting the contrast between size and price [2][12]. - With the new 2026 policy requiring plug-in hybrids to have over 100 kilometers of pure electric range for tax benefits, the M7DMH's 160 kilometers of CLTC pure electric range becomes increasingly valuable [2][12]. Range and Energy Consumption - The M7DMH features the DMH6.0 super hybrid system, providing a CLTC pure electric range of 160 kilometers and a comprehensive range of 2,050 kilometers [2][12]. - This means daily urban commuting can be done primarily in electric mode, requiring charging only 1-2 times a week based on a daily commute of 50 kilometers [2][12]. - The vehicle's measured fuel consumption is approximately 4 liters per 100 kilometers, translating to a cost of less than 0.2 yuan per kilometer [3][12]. Intelligent Technology - The M7DMH incorporates the Doubao deep thinking model, enhancing human-vehicle interaction by accurately understanding complex commands, improving comprehension accuracy by 14 times compared to traditional models [4][13]. - Users can issue commands like "help me put the child to sleep," and the vehicle will automatically adjust temperature, airflow, close windows, and play stories [4][13]. Interior and Comfort - The vehicle is designed with family users in mind, featuring a spacious interior with a full-view sofa chair and a front passenger seat that folds down for extended leg support [5][14]. - The seats utilize a mousse pressure-relief design with UltraTouch material for a soft touch and anti-stain properties, while the Surflex® anti-gravity foam enhances softness by 22% and support by 20% [5][14]. - The AImCDC dynamic suspension system ensures a smooth ride, making it a true "mobile comfort home" [5][14]. Space and Practicality - With a length of nearly 5 meters and a wheelbase of 2,820 millimeters, the M7DMH boasts an 85.5% high utilization rate of space, offering ample room for passengers and a 527-liter trunk [6][14]. - User feedback indicates that the spaciousness and trunk capacity make it suitable for family use and self-driving trips, providing a significant advantage over competitors in the same price range [6][7][14]. Power and Driving Control - The M7DMH is powered by the DMH6.0 super hybrid system, combining a 1.5L engine with a high-efficiency electric motor, delivering a total electric motor power of 137 kilowatts [7][15]. - Users report a solid driving experience with good shock absorption and appropriate steering weight, with the vehicle offering multiple driving modes to suit different conditions [7][15]. Quality Assurance - The M7DMH offers a "lifetime warranty" on five key components, including the engine, transmission, drive motor, motor controller, and battery pack, alleviating concerns about long-term maintenance for hybrid vehicles [8][15]. - This warranty applies to the first non-commercial vehicle owner without limits on years or mileage, showcasing the manufacturer's confidence in product quality compared to typical 8-year or 150,000-kilometer warranties in the same class [8][15]. Target Audience and Usage Scenarios - The M7DMH is particularly suitable for practical and economical family users, commuters with long distances, those needing to transport family or cargo, and tech enthusiasts seeking advanced vehicle intelligence [8][16]. - It is designed to meet diverse needs, whether for daily urban commuting, weekend family outings, or long-distance travel during holidays, thanks to its long range, low energy consumption, and spaciousness [8][16]. Discounts and Policies in Shanghai and Jiangsu-Zhejiang-Shanghai Region - The 2026 national vehicle purchase subsidy policy offers a 12% subsidy (up to 20,000 yuan) for scrapping old vehicles and purchasing new energy vehicles, and an 8% subsidy (up to 15,000 yuan) for replacing old vehicles [10][17]. - Roewe provides additional manufacturer subsidies, with a maximum replacement subsidy of 40,000 yuan, allowing for a combined discount on the M7DMH, making it available from 85,800 yuan [10][17].

1月7日，小米公司创始人、董事长、首席执行官雷军发文宣布，新一代SU7，豪华高性能纯电轿车，预 计4月份上市，今天上午10点开启小订。 雷军表示，"我们倾听车主朋友们的建议，认真打磨每个细节，新一代SU7 仍然是一台出色的驾驶者之 车：新颜色、新轮毂、新内饰依然惊艳，安全进一步增强，全系标配激光雷达，辅助驾驶全部满配，续 航有新的重大突破……还有，更先进的智能底盘让驾驶质感更出色，更强大的智能座舱和辅助驾驶系统 造就无以伦比的智能体验。" 2024年3月28日，小米正式发布了SU7，4月份开始交付。雷军提到，SU7，因为好看、好开和智能体 验，上市后就成为了汽车行业无可争议的大爆品，一直火爆到今天。仅仅1年9个月时间，小米SU7 交 付超过了 36万辆车，月均超过1.7万辆。过去一年，小米SU7 成为最畅销的20万以上的轿车（汽车之家 数据）。 1月7日，小米公司创始人、董事长、首席执行官雷军发文宣布，新一代SU7，豪华高性能纯电轿车，预 计4月份上市，今天上午10点开启小订。 责任编辑：李昂 雷军表示，"我们倾听车主朋友们的建议，认真打磨每个细节，新一代SU7 仍然是一台出色的驾驶者之 车：新颜色、新轮毂、 ...

Core Viewpoint - The company is set to launch the new generation of the SU7, a high-performance luxury electric sedan, with pre-orders starting today and an expected release in April 2024 [1][3][5]. Group 1: Product Features - The new generation SU7 will feature new colors, wheels, and interior designs, enhancing its aesthetic appeal [2][5]. - Safety has been significantly improved, with all models equipped with laser radar and full-featured driver assistance systems [2][5]. - The vehicle boasts a major breakthrough in battery range and includes an advanced intelligent chassis for improved driving quality [2][5]. Group 2: Market Performance - The original SU7 has achieved remarkable sales, with over 360,000 units delivered in just 1 year and 9 months, averaging more than 17,000 units per month [4]. - It has become the best-selling sedan priced above 200,000 yuan in the past year, according to data from Auto Home [4]. Group 3: Customer Engagement - The company has actively listened to customer feedback to refine the new generation SU7, ensuring it meets the expectations of drivers [5].

雷军表示，新一代SU7在安全、智能和续航方面均有提升，全系标配激光雷达，辅助驾驶系统全面升 级，续航能力实现"重大突破"。新车还将提供新颜色、新轮毂和新内饰，并搭载更先进的智能底盘与智 能座舱系统。 凤凰网科技讯1月7日，小米创始人雷军通过社交媒体宣布，小米SU7将迎来首次改款，新一代SU7预计 于今年4月上市，并于今日上午10点开启小订。 雷军称，新一代SU7仍定位为"豪华高性能纯电轿车"，并强调将继续通过OTA与服务升级提升用户体 验。 据其透露，小米SU7自2024年4月交付以来，截至发布日累计交付量已超过36万辆，月均交付超过1.7万 辆。汽车之家数据显示，过去一年该车型已成为"最畅销的20万以上轿车"。 ...

新浪科技讯 1月7日早间消息，小米集团创始人、董事长、CEO雷军在微博发文，预告新一代小米 SU7。 他表示，很快将迎来SU7首次改款：新一代SU7。小米倾听车主朋友们的建议，认真打磨每个细节，新 一代SU7仍然是一台出色的驾驶者之车：新颜色、新轮毂、新内饰依然惊艳，安全进一步增强，全系标 配激光雷达，辅助驾驶全部满配，续航有新的重大突破……还有，更先进的智能底盘让驾驶质感更出 色，更强大的智能座舱和辅助驾驶系统造就无以伦比的智能体验。 他透露，新一代SU7，定位豪华高性能纯电轿车，预计4月份上市，今天上午10点开启小订。 交付超过了36万辆车,月均超过1.7万辆。甚至. 过去一年,小米SU7成为最畅销的20万以上的 轿车(汽车之家数据)。 诚挚感谢每一位选择SU7的朋友们,谢谢大家 的支持,我们一起创造了这个奇迹!同时,我们 也会持续通过OTA和服务升级,让每一位 SU7 车主都能不断获得更好的体验。 今天公布一个好消息,我们很快将迎来SU7首 次改款:新一代SU7。 我们倾听车主朋友们的建议,认真打磨每个细节, 新一代 SU7 仍然是一台出色的驾驶者之车:新 颜色、新轮毂、新内饰依然惊艳,安全进一步增强, ...

Core Viewpoint - The Chengdu International Auto Parts and Aftermarket Services Exhibition will be held from May 25 to 27, 2017, attracting over 750 enterprises and 22,000 professional buyers, marking it as the largest auto parts exhibition in Southwest China [1] Group 1: Event Overview - The exhibition will feature a focus on new energy vehicles, smart cars, auto parts, and charging equipment, aiming to establish Chengdu as a procurement center for auto parts in the western region [1] - The event will include six major zones: supply chain procurement area, automotive lifestyle pavilion, quick repair and consumable parts area, commercial vehicle area, new energy area, and a display area for Sichuan enterprises [1] Group 2: Industry Participation - The China (Chengdu) New Energy Vehicle Exhibition will debut at the auto parts exhibition, showcasing a full industrial chain manufacturing system of new energy vehicles, components, and charging equipment [1] - Major international brands such as BMW and several local new energy vehicle companies from Sichuan will participate in the exhibition [1]

Core Viewpoint - The A-share market indices collectively rose, with significant activity in sectors such as lithium mining, low carbon, and lithium batteries, driven by government initiatives to promote green consumption and support for the electric vehicle industry [1] Group 1: Market Performance - The smart car ETF (515250) saw an intraday increase of 3.79%, while the Sci-Tech Innovation Board New Energy ETF (588960) rose by 3.16% [1] - Several stocks within the smart car ETF, including Beidou Xingtong, Zhejiang Sebao, Lianchuang Electronics, and Desay SV, reached their daily limit [1] Group 2: Government Initiatives - A notice from the Ministry of Commerce and nine other departments was released on January 5, promoting green consumption and supporting the purchase of new energy vehicles, as well as strengthening the automotive supply chain [1] - The first national standard for solid-state batteries, titled "Solid-State Batteries for Electric Vehicles Part 1: Terms and Classification," is currently open for public consultation [1] Group 3: Market Forecast - According to the China Passenger Car Association, the sales volume of new energy passenger vehicles in China is expected to grow by approximately 25% by 2025 [1] - Preliminary monthly data estimates that cumulative wholesale sales of new energy passenger vehicles will reach 15.33 million units by 2025, representing a year-on-year increase of 25% [1] Group 4: Index Tracking - The smart car ETF (515250) closely tracks the CSI Smart Car Theme Index (930721), which selects companies providing terminal perception and platform applications for smart cars, as well as other representative A-shares benefiting from the smart car industry [1]

Core Insights - The smart car ETF (159889) increased by over 1.2% on January 6, indicating positive market sentiment towards the smart automotive sector [1] - The 2026 vehicle replacement policy will continue with adjustments to subsidies based on vehicle price, favoring mid-to-high-end cars [1] - New energy passenger car subsidies will be 12% of the vehicle price (up to 20,000 yuan), while fuel passenger cars will receive 10% (up to 15,000 yuan) [1] - The delivery data for December showed significant year-on-year growth for new energy vehicle companies, with Leap Motor, NIO, and Xiaomi increasing by 42%, 54.6%, and over 50,000 units respectively [1] - The solid-state battery national standard draft has been released, promoting standardized development in the industry [1] Industry Summary - The smart car ETF tracks the CS Smart Car Index (930721), which selects listed companies involved in smart driving and vehicle networking from the A-share market [1] - The index components are primarily distributed across the automotive parts and information technology sectors, aiming to reflect the overall performance of listed companies related to smart cars [1] - The automotive sector is expected to see accelerated developments in intelligent driving and robotics, potentially restructuring valuations [1] - The auto parts sector is rapidly globalizing, and there is significant potential for two-wheeled vehicles to expand internationally [1]

Core Insights - The smart car ETF (159889) rose over 1.4% on January 5, driven by both policy and technological advancements [1] - The automotive industry policy in 2026 will focus on reducing competition and continuing national subsidies, with over five cities publicly selecting platforms for trade-in services [1] - The National Development and Reform Commission emphasizes supply chain governance for the new energy vehicle industry, ensuring payment to small and medium enterprises [1] Policy and Subsidy - The high-level government has clarified the optimization of the "two new" policy, with Shenzhen already selecting platform service companies for 2026 [1] - Despite the pressure from the reduction of new energy vehicle purchase tax exemptions, trade-in subsidies are expected to continue supporting sales [1] - The focus on reducing internal competition will limit disorderly price cuts, potentially improving the profitability of car manufacturers [1] Market Trends - Industry data indicates that by November 2025, the retail penetration rate of new energy passenger vehicles will reach 59.4%, with L2.5 and above intelligent driving penetration at 32.19% [1] - The trend towards intelligence and electrification in the automotive sector continues to strengthen [1] - Beijing has issued the first batch of L3-level special license plates for highway autonomous driving, marking the entry of autonomous driving into mass production [1] ETF and Index Information - The smart car ETF (159889) tracks the CS Smart Car Index (930721), which selects listed companies involved in terminal perception and platform applications related to smart cars [1] - The index covers multiple industries, including electronics, computers, and automobiles, to reflect the overall performance of China's smart car industry chain [1]