Core Viewpoint - The traditional fuel vehicle market is undergoing a transformation focused on "intelligentization" to compete with the rising penetration of electric vehicles, with major automakers like Geely and Chery launching new fuel models that enhance smart driving and cockpit technologies [3][4]. Group 1: Industry Trends - The penetration rate of new energy vehicles is increasing, prompting traditional fuel vehicles to enhance their smart features to close the experience gap with electric vehicles [3]. - Recent data from the Ministry of Industry and Information Technology shows significant improvements in the intelligent configurations of newly launched fuel models, particularly in smart driving, smart cockpit, and vehicle networking [3][4]. Group 2: Company Strategies - Chery has launched its "China New Fuel" strategy with the introduction of the Tiggo 9X and Tiggo 9 models, while Geely has unveiled the new "China Star" series, integrating AI models and advanced driving systems [3][4]. - Geely's sales manager emphasized the complexity of fuel vehicle usage scenarios, indicating that users expect fuel vehicles to have smart driving capabilities comparable to electric vehicles [4]. - Chery's executive vice president stated that the key to maintaining competitiveness in fuel vehicles lies in technological upgrades [4]. Group 3: Market Performance - In August, domestic traditional fuel passenger vehicle sales reached 902,000 units, marking a year-on-year increase of 13.5%, with three consecutive months of growth [4]. - Geely's total sales exceeded 1.4 million units in the first half of the year, with the "China Star" series fuel vehicles experiencing a 21% year-on-year increase in sales, accumulating over 1.62 million users [4].

Core Viewpoint - The traditional fuel vehicle market is undergoing a transformation driven by the rise of smart technology, as major automakers like Geely and Chery launch new fuel models to enhance their competitiveness against electric vehicles [1][2]. Industry Summary - The penetration rate of new energy vehicles is increasing, prompting traditional fuel vehicles to adopt smart features to improve user experience [1]. - The Ministry of Industry and Information Technology's latest product catalog indicates significant advancements in the smart configurations of newly launched fuel models, particularly in smart driving, smart cockpit, and vehicle networking [1]. - Chery has introduced its "New Chinese Fuel" strategy with the launch of the Tiggo 9X and Tiggo 9 models, while Geely has unveiled the new "Chinese Star" series, focusing on AI integration and advanced driving systems [1]. Company Summary - Geely's sales manager emphasized the complexity of fuel vehicle usage scenarios, highlighting the need for smart driving features comparable to those in electric vehicles [2]. - Chery's executive vice president stated that technological upgrades are essential for fuel vehicles to maintain competitiveness, regardless of energy form [2]. - Changan Automobile's new executive vice president noted that 35% of customers will still choose fuel vehicles, leading the company to continue focusing on this market segment [2]. - Market data shows resilience in the fuel vehicle sector, with traditional fuel passenger car sales reaching 902,000 units in August, a year-on-year increase of 13.5% [2]. - Geely's total sales exceeded 1.4 million units in the first half of the year, with the "Chinese Star" series fuel vehicles experiencing a 21% year-on-year growth [2].