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].

Core Viewpoint - The launch of the Xiangjie S9T marks a significant step for the Xiangjie brand and Huawei's Hongmeng Zhixing, introducing a new luxury electric travel car to the Chinese market, aiming to capture a niche segment that has not been fully explored yet [1][2]. Group 1: Product Launch and Features - The Xiangjie S9T is available in four models with both range-extended and pure electric powertrains, priced between 309,800 to 369,800 yuan, which is a reduction of 18,200 yuan from the pre-sale price [1]. - The vehicle features advanced technologies such as Huawei's ADS 4, full air suspension, and the newly released Xiangjie brand logo, "Universe Star" [1]. - The S9T is designed to emphasize driving experience and versatility, contrasting with the S9's focus on rear passenger comfort and executive attributes [2]. Group 2: Market Strategy and Sales Performance - The launch of the S9T is seen as a strategy to boost brand sales, especially after the S9's sales performance fluctuated, with a significant increase in June but a drop in July and August [3]. - The travel car segment in China has historically struggled to gain traction, with consumer preferences leaning towards sedans and SUVs, making the S9T's success uncertain [3]. - Analysts suggest that while the S9T may provide a sales boost, the overall impact could be limited due to the niche nature of the travel car market [3]. Group 3: Strategic Partnerships and Future Plans - Huawei and BAIC have deepened their collaboration, planning to invest 20 billion yuan over three years to enhance technology in design, intelligent driving, and safety [4]. - The partnership aims to create a dedicated team for the Xiangjie brand, focusing on a full-chain collaboration from product design to sales [4]. - Future products, including a B+ class SUV, are expected to have better market potential, aligning with BAIC's strategy to increase the sales proportion of high-margin models [5].

Core Viewpoint - Huawei's HarmonyOS vehicle, the Xiangjie S9T, is set for pre-sale on August 18, showcasing advanced features and multiple powertrain options [1] Vehicle Specifications - The Xiangjie S9T has dimensions of 5160mm in length, 2005mm in width, and 1492mm in height, with a wheelbase of 3050mm, which is 6mm taller than its predecessor, the Xiangjie S9 [1] - The vehicle offers both pure electric and range-extended versions, with the pure electric variants having ranges of 701km, 765km, and 801km, powered by a 97.6kWh battery [1] - The range-extended versions provide pure electric ranges of 195km, 201km, and 274km, with battery capacities of 36kWh and 51.9kWh [1] Features and Technology - The Xiangjie S9T comes standard with zero-gravity front passenger seats, a passenger display, and a one-touch foldable rear seat [1] - It is equipped with air suspension, continuously variable damping shock absorbers (CDC), double wishbone front suspension, multi-link rear suspension, and Huawei's Tuling platform 3.0 [1] - The vehicle features a six-domain integrated digital intelligent chassis and is the first to adopt Huawei's ADS 4, along with electronic side mirrors, electric doors, and an electric tailgate [1] Pricing Information - The current Xiangjie S9 is priced between 309,800 yuan and 449,800 yuan [1]