Group 1 - The core viewpoint of the article highlights the launch of the first travel car, the Xiangjie S9T, by Huawei and BAIC, marking Huawei's entry into the travel car market, which is experiencing a gradual rise [2][11] - The Xiangjie S9T is available in four versions, with prices for the range-extended versions set at 309,800 CNY and 349,800 CNY, while the pure electric versions are priced at 329,800 CNY and 369,800 CNY [3] - The vehicle is set to begin deliveries on September 21, with over 40,000 pre-orders already received, indicating strong market interest [6] Group 2 - The travel car market in China has been growing for four consecutive years, although it still represents less than 1% of total passenger car sales, indicating a potential for growth [11] - The partnership between Huawei and BAIC aims to invest 20 billion CNY over three years to develop the Xiangjie brand, focusing on a comprehensive ecosystem that includes dedicated teams and resources [9] - The introduction of the Xiangjie S9T aligns with a broader trend of increasing consumer interest in travel cars, driven by younger users, price advantages, and technological innovations [12]

Core Viewpoint - The launch of the Huawei and BAIC joint venture travel car, the Xiangjie S9T, marks Huawei's entry into the growing travel car market in China, which is expected to open new opportunities in the mid-to-large travel car segment [1][10]. Group 1: Product Launch Details - The Xiangjie S9T was officially launched on September 16, with four versions available: two range-extended versions priced at 309,800 RMB and 349,800 RMB, and two pure electric versions priced at 329,800 RMB and 369,800 RMB [1][2]. - Deliveries for the new car will begin on September 21, with over 40,000 pre-orders already received [6][7]. Group 2: Technological Features - The Xiangjie S9T features several advanced technologies, including Huawei's latest intelligent driving system, the HUAWEI ADS 4, and the latest Huawei Tuling platform 3.0, along with air suspension and continuously variable damping [7][6]. - The vehicle's chassis has been significantly upgraded to support the Zunji S800 full-domain integration architecture, which combines multiple control systems [6]. Group 3: Market Context - The travel car market in China has been growing for four consecutive years, driven by consumer upgrades and the increasing popularity of travel cars in overseas markets [10]. - Despite the growth, the travel car market still represents a small share of the overall passenger vehicle sales in China, with a market share of less than 1% [11]. - The entry of major players like BYD with their Seal 06 DM-i travel version indicates a strategic focus on this emerging market segment [11]. Group 4: Strategic Partnership - BAIC has committed to investing 20 billion RMB over three years to develop the Xiangjie brand in collaboration with Huawei, establishing a strategic partnership that includes dedicated teams and resources [9][10]. - The partnership aims to create a comprehensive ecosystem that enhances manufacturing, supply chain, and quality control for the Xiangjie brand [9].