Group 1 - The new generation of Zhiji LS6 has achieved over 10,000 pre-orders within half an hour of its launch, marking a significant milestone for Zhiji Automotive [1] - The LS6 is priced between 197,900 to 269,900 yuan, representing a strategic move to boost sales for the brand [1] - Zhiji Automotive's cumulative sales for the first eight months of the year reached approximately 32,000 units, achieving 31.5% of its annual delivery target of 100,000 units [1] Group 2 - The LS6 is the third model from Zhiji Automotive and introduces a range-extended power mode, differing from previous all-electric models [2] - The LS6 features a 66 kWh battery developed in collaboration with CATL, offering a pure electric range of 450 kilometers and a combined range of up to 1,500 kilometers [2] - The introduction of the range-extended model is seen as a strategy to increase sales volume in a rapidly growing market segment [2] Group 3 - According to the China Automobile Dealers Association, the cumulative sales of range-extended vehicles are projected to reach 1.167 million units in 2024, a year-on-year increase of 78.7% [3] - The market for range-extended vehicles is currently experiencing an adjustment period after rapid growth, with a reported decline in wholesale sales in August [3] - Despite challenges, Zhiji Automotive remains confident in achieving its sales targets, with expectations for a sales boost from the LS6 [3] Group 4 - The pricing strategy of the LS6 has raised questions about Zhiji Automotive's brand positioning, as it is priced lower than previous models [4] - The LS6 will face competition from the newly launched Shangjie H5, which offers similar range-extended and electric options at a lower price point [4] - Differentiation in market positioning is crucial for Zhiji Automotive, as it aims to maintain its status as a high-end brand within SAIC Group [5]

Core Insights - The Chengdu International Auto Show, which opened on August 29, 2025, features nearly 120 domestic and international automotive brands showcasing over 1,600 vehicles, with a strong emphasis on new energy vehicles (NEVs) [1] - The event highlights the current consumer trends in the automotive market, particularly the growing popularity of electric vehicles (EVs) and the advancements in technology and design [1] Electric Vehicles - Numerous brands, including traditional automakers and new entrants, presented their latest pure electric models, indicating a robust market interest in EVs [5][8] - The new models showcased impressive specifications, such as the new Zhijie R7 with a range of 802 km and fast charging capabilities [5] - The Xiaopeng P7 features a 3.7-second acceleration to 100 km/h and a top speed exceeding 230 km/h, demonstrating the performance potential of modern EVs [6] Hybrid and Extended-Range Vehicles - The auto show also highlighted the advancements in hybrid and extended-range vehicles, with models like the Roewe M7 DMH achieving a combined range of 2,050 km [10] - The Wanjie M8 extended-range version offers a range of 1,600 km, showcasing the growing appeal of this technology among consumers [14] - The integration of advanced technologies, such as Huawei's collaboration with GAC for the Xiangwang S9, reflects the trend towards enhanced performance and efficiency in hybrid models [10] Market Trends - The auto show serves as a barometer for consumer preferences, with a clear inclination towards electric and hybrid vehicles due to their environmental benefits and lower operating costs [8][19] - The industry is moving towards "scene segmentation" and "technology downscaling," focusing on personalized consumer needs and making advanced technologies accessible in more affordable models [19] - The development of new battery technologies, such as solid-state batteries, is expected to further enhance the range and performance of electric vehicles, potentially solidifying their dominance in the market [18]