晚点Auto . 从制造到创造，从不可能到可能。《晚点LatePost》旗下汽车品牌。 以下文章来源于晚点Auto ，作者晚点团队 切入大众市场，他们希望成为 "房车界的 Model 3"。 文 丨 祝颖丽 我们独家获悉，智能房车公司开普勒计划 （KEPLO） 近期完成一轮天使融资，金额为 4500 万元人民币，投资方为知名投资机构和家族办公室。 KEPLO 成立于 2023 年，首款产品是面向北美市场的 "增程式" 拖挂房车。目前，产品已进 入量产测试与市场验证阶段。他们计划近期对外发布产品并启动预售，希望 2026 年第三季 度能在美国市场正式开启交付。 这是一家与理想汽车渊源颇深的创业公司。创始人吕江涛此前曾在德国大众、戴姆勒工作，后加入理 想汽车负责海外市场的 SEV （小型电动车）产品，此后又在宝马负责智能座舱业务 。 KEPLO 团队大部分人来自理想汽车，许多核心成员参与了理想汽车从 0 到 1 的早期阶段，覆盖产品 研发、智能化、供应链及生产制造等关键环节。 此外，团队还吸纳了来自美国房车企业 Airstream、Thor Industries 以及 FF（法拉第未来）的资深高 管与工程人才，有 ...

切入大众市场，他们希望成为 "房车界的 Model 3"。 文 丨 祝颖丽 吕江涛说，理想汽车长期围绕家庭用户进行产品定义，这也影响了他们；KEPLO 希望将这个产品理 念带向户外， 解决传统房车居住体验差、"吃苦旅行" 的痛点。 与其他北美纯电房车相比，他们希望用 "增程" 技术消除用户的里程焦虑和补能焦虑。在团队看来，房 车对能源的核心需求，往往发生在远离基础设施的自然环境中，因此 "增程" 发电方案能够以更高效的 方式携带能源，在多种条件下获得补给，符合房车长期停驻和深度使用的需求。 KEPLO 确立做房车之前，曾经历过两个方向的探索。2023 年初，团队最初的构想是做一款电动货运 车（类似电动厢式货车），但在两三个月的调研后，他们发现货运市场极致追求低成本，智能化发挥 空间有限 。 随后，团队又研究了房车服务平台，想解决国内房车缺乏停靠地和维护服务的问题。在这个过程中， 他们将关注点从 "管理货物" 转移到了 "管理人的居住空间"，并意识到与其做服务，不如直接打造一 个移动居住空间 。 我们独家获悉，智能房车公司开普勒计划 （KEPLO） 近期完成一轮天使融资，金额为 4500 万元人民币，投资方为知 ...

" 全球房车市场规模超1000亿美元。 " 作者丨陆奥 编辑丨余快 雷峰网·鲸犀近日获悉，乐逸智能（LAYEE）已完成天使轮融资，由高瓴创投领投，种子轮投资人初心资 本超额加投，估值突破3亿人民币。 乐逸成立于2025年，是一家专注于智能拖挂式房车的科技公司，由前大疆农业植保机事业线开创者吴旭民 （内部常称MG）创立。 如今，吴旭民率领一支具备"天空+陆地"双重基因的跨界硬核团队，开启在陆地智能出行领域的二次革 命。 团队阵容堪称豪华，由于MG号召力极强，包括前大疆植保机总体负责人、Robomaster结构主管、原大疆 硬件主管、大疆海外销售负责人等多位资深前大疆技术和市场高管已经加盟，目前团队约50%成员源自大 疆等顶尖无人机企业，具备高精度导航、智能控制与系统集成能力，约50%成员来自福特等主流汽车大 厂，专注车辆安全工程、可靠性制造与底盘技术，团队累计拥有无人机相关专利超2000项，团队具备从动 力驱动、自动驾驶、结构设计到三电系统的全栈技术整合能力。 房车，尤其是拖挂式房车，是一个少有的千亿美元空间，且改造空间巨大的市场。 "操控难、空间局促、补能不便"是房车的三大痛点。乐逸智能瞄准的正是通过技术创新 ...

Core Viewpoint - A Chinese company has made a non-binding acquisition offer to acquire a majority stake in Tourism Holdings Limited (THL), a global leader in the RV industry, aiming to drive global RV business integration and expansion [1][5]. Group 1: Acquisition Details - The proposed acquisition involves an amount of approximately NZD 338 million (around HKD 152.6 million, equivalent to approximately CNY 1.399 billion) [5]. - If successful, this transaction would represent the largest cross-border merger and acquisition in the Chinese RV sector to date [5][8]. - The potential acquirer, New Giao RV (0805.HK), is recognized as "China's first RV stock" and has established a strong presence in the Australia-New Zealand market, currently holding the second-largest market share in the region [1][5]. Group 2: THL's Market Position - THL is acknowledged as a leader and standard-setter in the global RV industry, with operations spanning New Zealand, Australia, North America, Europe, and the UK and Ireland [5]. - The company owns several well-known international brands, including Apollo, RoadBearRV, ElMonteRV, and JustGo, covering the entire RV manufacturing, rental, and after-sales service chain [5]. - Since acquiring Australia's largest RV brand Apollo at the end of 2022, THL has solidified its dominant position in the Australia-New Zealand market and strengthened its leadership in the global RV rental and travel service sector [5]. Group 3: Strategic Implications - Analysts suggest that if New Giao RV successfully acquires THL, it could achieve a strategic leap, transitioning from a regional player to a global giant by integrating THL's global network and brand resources [5][8]. - The acquisition could signify a shift for Chinese RV companies, represented by New Giao, from "manufacturing export" to "brand integration" in a new phase of globalization [8]. Group 4: Current Status of the Deal - The transaction is currently in the preliminary intention stage, requiring due diligence and regulatory approvals, including government filings in China, approvals in New Zealand, and antitrust reviews in multiple countries [9].

Group 1 - The core point of the article highlights the recent stock transfer of New Ji'ao RV (00805) from First Shanghai Securities to Shengheng Financial Holdings, with a market value of HKD 61.0351 million, representing 5.34% of the total shares [1] - New Ji'ao RV reported its mid-year results for 2025, showing a revenue of approximately HKD 412 million, a year-on-year decrease of 2.4% [1] - The company's gross profit was about HKD 122 million, reflecting a year-on-year decline of 9.9% [1] - The profit attributable to equity shareholders was HKD 30.7 million, down 22.34% compared to the previous year [1] - Earnings per share stood at HKD 0.03 [1]

Group 1 - The Caravan Salon Düsseldorf, the world's largest RV exhibition, concluded on September 7, 2025, featuring 810 exhibitors from 41 countries, with traditional brands dominating but new entrants like Xingkong Mengwu showcasing innovative products [1][3] - The global RV market is projected to grow from $61.4 billion in 2024 to $108.8 billion by 2033, with a compound annual growth rate of approximately 6.57%, driven by trends such as product innovation and the adoption of lightweight materials and smart driving technologies [3] - Xingkong Mengwu introduced two new energy smart RVs at the exhibition, equipped with an efficient solar charging system and a large-capacity battery, allowing for up to 14 days of off-grid use, along with smart driving assistance features [3][5] Group 2 - The exhibition attracted significant attention to Xingkong Mengwu's booth, with European users expressing that existing RV products lack convenience and spatial layout, while the new smart RVs offered a different user experience [5] - International dealers from 17 European countries engaged with Xingkong Mengwu regarding collaboration models, market promotion, and after-sales service, indicating strong interest in the brand [7] - Media coverage from outlets like the Associated Press and Yahoo Finance highlighted Xingkong Mengwu's products as a representation of technological advancement in the RV sector, showcasing the company's role in the global market amid China's manufacturing transformation [7]

Core Insights - A strategic alliance has been formed among key players in the RV industry, including Xingcheng Yao, Beiqi Foton, Shanhai Fu, and Fangche Lvtu, to create a comprehensive ecosystem for the RV tourism industry in China, with a total investment of 3.02 billion yuan [2] - The Chinese RV industry is at a critical transformation point, facing a dichotomy of low domestic RV consumption and high demand for personalized travel experiences, particularly in regions like Xinjiang where daily rental prices for high-quality RVs exceed 2,280 yuan [2][4] - The current state of the RV industry reflects long-standing fragmentation across various segments, including chassis manufacturing, vehicle production, rental operations, and campsite services, which hinders collaborative synergies [2][4] Market Dynamics - In 2024, domestic travel in China is projected to reach 5.615 billion trips, a year-on-year increase of 724 million trips, with a growth rate of 14.8%, while the RV market remains sluggish with only 5,700 RVs registered [3] - The RV penetration rate in China is only 0.02%, compared to 10% in the U.S., indicating significant room for growth in the market [3][4] - The disparity in RV adoption is attributed to cultural differences and a lack of integration within the industry chain, leading to a mismatch between supply and demand [4] Industry Challenges and Opportunities - The RV rental market is experiencing a boom in high-quality offerings, with the number of RVs in China surpassing 250,000 in 2024 and campsite numbers expected to exceed 3,200 by 2025 [4] - The quality of campsites varies significantly, affecting service delivery, with pricing ranging from 30 yuan to 600 yuan, which impacts the overall user experience [5] - The industry is shifting from a focus on vehicle sales to a service-oriented model, emphasizing the need for a comprehensive ecosystem that includes manufacturing, rental, and service components [11][12] Technological Innovations - The RV industry is increasingly focusing on smart technologies and electric vehicles, with companies like Beiqi Foton developing hybrid and electric platforms to meet diverse travel needs [9][10] - Xingcheng Yao is working on an AI digital companion system to enhance user experience by providing real-time support and recommendations during travel [10] Business Model Transformation - The RV industry's business model is evolving from asset ownership to a consumption-based model, allowing for more flexible and affordable access to RV experiences [11][12] - This transformation is expected to stimulate growth across the entire value chain, including manufacturing, services, and campsite operations, creating a new pillar for the industry [12]

Core Points - The 2025 Third Yangtze River Delta (Nanjing) Tourism Equipment Expo and the 38th Nanjing RV Camping Expo successfully concluded, covering an area of over 30,000 square meters and attracting approximately 35,000 visitors from across the country [1] - A total of around 150 RVs were sold during the event, with significant intention orders received by manufacturers, leading to an estimated total revenue exceeding 100 million yuan across all categories [1] - The expo was guided by the Jiangsu Provincial Tourism Association and co-hosted by several organizations, focusing on the theme of "Equipment Upgrade, Free Travel" [1] Industry Insights - The event showcased a wide range of products including RVs, pickups, RV accessories, scenic area equipment, and tourism gear, providing a comprehensive platform for consumers to upgrade their travel equipment [1] - The expo also promoted various tourism products and scenic spots in Nanjing and the Yangtze River Delta, enhancing consumer experience and offering a one-stop shopping experience for popular cultural and creative products [1] - The event featured participation from numerous well-known brands in the RV industry, indicating strong industry support and collaboration [10][11] Event Highlights - The expo included a camping market and RV camping activities, attracting nearly a hundred groups of RV enthusiasts, which contributed to a full display of camping scenarios and products [35] - The event received strong support from government and association leaders, highlighting its significance in promoting tourism and RV culture in the region [33]

Group 1 - The 2025 Third Yangtze River Delta (Nanjing) Tourism Equipment Expo and the 38th Nanjing RV Camping Expo opened on July 4, 2025, with the theme "Equipment Upgrade, Free Travel," lasting for three days until July 6 [1][2] - The expo is organized by China Energy Automobile Communication Group, China Automobile News Workers Association, and Nanjing Tourism Group, with an exhibition area exceeding 20,000 square meters [2] - The event features a variety of exhibits including RVs, pickups, RV accessories, tourism attractions, and related equipment, providing a one-stop solution for consumer travel needs [2][11] Group 2 - The RV exhibition area showcases well-known brands such as SAIC Maxus, Weihang RV, and others, presenting a wide range of RV types from budget-friendly camper vans to spacious light trucks and off-road pickups [2][7] - The A and B halls primarily focus on RV products, while the C hall includes camping gear, RV accessories, and tourism IP promotions [2][11] - The expo also features a "HI Beer Camping Market," combining beer, barbecue, music, and food, with eight major beer brands participating [18]

Group 1 - The conference held by the China Automobile Industry Association's RV branch in Beijing focused on industry standard construction and technological upgrades, with Xinjiao Group actively participating as a leading enterprise [1] - Xinjiao Group's assistant president Chen Jun presented a report on the decision to change the vice president candidates of the fourth council, contributing to the optimization of the industry management structure [1] - Liu Weiliang, head of the regulations and certification department, provided insights into the technical specifications for evaluating RV enterprises and products, sharing valuable experiences from RV associations in Europe, America, and Australia [1] Group 2 - The conference emphasized the review and revision of existing group standards, with 12 standards undergoing systematic review and 9 initiating the revision process [2] - Two group standards led by Xinjiao Group, namely the "Three Guarantees Service Specification for RVs" and "Technical Requirements for RV Box Bodies," are set to be submitted for review by the end of the year [2] - The establishment of an industry evaluation system based on the comprehensive strength of leading enterprises like Xinjiao Group is aimed at guiding the high-quality development of the industry [2]