Core Insights - The article provides an overview of new vehicle launches scheduled for November 2025, highlighting various manufacturers and their respective models, specifications, and market segments. Group 1: Manufacturer Launches - Changan Lincoln is set to launch the Navigator on November 21, 2025, positioned as a B SUV with a starting MSRP of 326,800 CNY [2][6]. - GAC Aion will introduce the Wu Bo SSR on November 22, 2025, classified as a COUPE with a starting MSRP of 1,486,000 CNY [2][14]. - Chery Automobile will release the Jetour Traveler on November 25, 2025, categorized as an A SUV with a starting MSRP of 191,900 CNY [2][22]. - Beijing Benz will launch the Mercedes EQE on November 26, 2025, in the C NB segment with an MSRP range of 478,000 to 627,000 CNY [2][30]. - FAW-Volkswagen will debut the Volkswagen Magotan on November 26, 2025, in the B NB segment with an MSRP range of 179,900 to 246,900 CNY [2][35]. - Leap Motor will introduce the Lafa5 on November 27, 2025, classified as an A HB with an MSRP range of 97,800 to 121,800 CNY [2][44]. - Geely Automobile will launch the Geely Haoyue L on November 27, 2025, positioned as a B SUV with an MSRP range of 99,900 to 129,900 CNY [2][52]. Group 2: Vehicle Specifications - The Changan Lincoln Navigator features a 2.0T engine, 8AT transmission, and dimensions of 4,908mm x 1,952mm x 1,717mm with a wheelbase of 2,900mm [6]. - The GAC Aion Wu Bo SSR is equipped with a pure electric engine, EVT transmission, and dimensions of 4,556mm x 1,988mm x 1,230mm with a wheelbase of 2,650mm, offering a range of 506 km [14]. - The Chery Jetour Traveler has a 2.0T engine, DCT7 transmission, and dimensions of 4,795mm x 2,006mm x 1,880mm with a wheelbase of 2,800mm [22]. - The Mercedes EQE features a pure electric engine, EVT transmission, and dimensions of 4,969mm x 1,906mm x 1,514mm with a wheelbase of 3,120mm, providing a range of 681 km [30]. - The Volkswagen Magotan offers a 1.5T engine and 2.0T engine options with DCT7 transmission, dimensions of 4,990mm x 1,854mm x 1,487mm, and a wheelbase of 2,871mm [35]. - The Leap Motor Lafa5 is powered by a pure electric engine with EVT transmission, dimensions of 4,430mm x 1,880mm x 1,520mm, and a wheelbase of 2,735mm, with ranges of 515 km and 605 km [44]. - The Geely Haoyue L features 1.5T and 2.0T engine options with DCT7 transmission, dimensions of 4,865mm x 1,910mm x 1,770mm, and a wheelbase of 2,825mm [52].

Core Viewpoint - The launch of the Jietu X70L emphasizes the resilience of traditional fuel vehicles in the face of electrification, with a focus on enhancing user satisfaction and market competitiveness [2][6]. Group 1: Market Performance - In August, traditional fuel passenger car sales in China reached 902,000 units, an increase of 1.07 million units year-on-year, with a month-on-month growth of 10.9% and a year-on-year increase of 13.5% [2]. - From January to August, domestic passenger car sales totaled 14.747 million units, a year-on-year increase of 13.6%, with traditional fuel vehicle sales at 7.14 million units, up by 75,000 units year-on-year, accounting for 48% of the market [5]. - Despite the rise of new energy vehicles, traditional fuel vehicles still saw a year-on-year growth of 1.1% [5]. Group 2: Competitive Landscape - The market for traditional fuel vehicles remains competitive, with domestic brands increasingly capturing market share from joint ventures, as evidenced by four domestic brands in the top ten fuel SUV sales from January to July [6][7]. - In August, several domestic fuel vehicles, including the Jietu X70, achieved monthly sales exceeding 10,000 units, indicating strong market performance [6]. - The Jietu X70L aims to leverage its advantages in space and configuration to compete effectively against rivals like Geely and Changan in the 100,000 to 150,000 yuan SUV market [7][8]. Group 3: Strategic Direction - Jietu continues to expand its product range, offering diverse options from fuel to hybrid and electric vehicles, aligning with the long-term strategy of Chery and Jietu [8]. - The Jietu X70L features a spacious design with a wheelbase of 2820mm and advanced configurations, such as CDC electromagnetic suspension and flexible seating arrangements, enhancing its appeal in the market [7][8].

Core Viewpoint - The fuel vehicle market remains a sector with potential for exploration, with domestic brands like Jietu aggressively competing against joint venture brands to capture market share [1][6]. Group 1: Market Performance - As of August, traditional fuel passenger vehicle sales in China reached 902,000 units, an increase of 1.07 million units year-on-year, with a month-on-month growth of 10.9% and a year-on-year increase of 13.5% [2][6]. - From January to August, domestic passenger vehicle sales totaled 14.747 million units, reflecting a year-on-year growth of 13.6%. Traditional fuel vehicle sales accounted for 7.14 million units, representing a year-on-year increase of 7.5% [6]. - Despite the rise of new energy vehicles, traditional fuel vehicles still showed resilience, with a slight year-on-year decline of 0.3% in sales during the first eight months of the year [6]. Group 2: Competitive Landscape - The market for fuel vehicles is characterized by intense competition between domestic and joint venture brands, with Jietu and other domestic brands aiming to increase their competitiveness and market share [1][6]. - In the fuel SUV segment, four out of the top ten best-selling models from January to July were from domestic brands, indicating a shift in market dynamics [6]. - In August, several domestic fuel vehicles, including Jietu X70, achieved monthly sales exceeding 10,000 units, capturing one-third of the top 30 fuel vehicle sales [7]. Group 3: Product Strategy - Jietu's new model, the X70L, was launched with a starting price of 99,900 yuan, emphasizing the need for innovation in the fuel vehicle market amidst the electric wave [2][9]. - The X70L offers competitive advantages such as spaciousness and high-end configurations, with a wheelbase of 2820mm and various seating arrangements [9]. - Jietu is expanding its product range to include diverse powertrain options, including fuel, hybrid, and pure electric vehicles, to cater to a broader consumer base [9].

Core Insights - Jietu Motors has launched the new model Jietu X70L with a starting pre-sale price of 109,900 yuan, adopting a "more features without increasing price" strategy in response to the competitive fuel vehicle market [2] - The Jietu X70L features high-end specifications such as the Qualcomm 8155 chip and a 15.6-inch central control screen, which were previously exclusive to models priced above 150,000 yuan [2] - The vehicle offers two engine options: a 1.5T engine with a maximum power of 184 horsepower and a 2.0T engine with a maximum power of 254 horsepower, along with CDC electromagnetic suspension for improved ride comfort [2] Sales Performance - In the first eight months of 2025, Jietu Motors sold 402,900 vehicles, marking a year-on-year increase of 27.3%, with total sales surpassing 1.93 million units [3] - The Jietu X70 series has sold over 970,000 units globally, serving as a key sales pillar for the company [3] Product Strategy - Jietu Motors is pursuing a "fuel + hybrid + luxury" product strategy to balance its transition to new energy vehicles while maintaining its fuel vehicle base [3] - The company has developed a "Travel +" ecosystem strategy, which differentiates it in a competitive market by focusing on travel-related product offerings [3] Distribution Network - Jietu Motors has over 500 sales service outlets nationwide and plans to establish more than 600 experience centers and 1,200 city showrooms and direct sales stores, leading among domestic brands in channel density [3] - The expansion of the product matrix across fuel, hybrid, and luxury lines presents a challenge for efficient allocation of channel resources [3]

Core Viewpoint - The 2025 Qilu Spring Auto Show will be held from April 10 to April 14 at the Shandong International Convention and Exhibition Center, featuring nearly a hundred brands and a thousand models, providing a grand automotive feast for consumers [1]. Brand Lineup - The auto show continues its tradition of high specifications, comprehensive brands, low prices, and large foot traffic, showcasing a wide range of vehicle types including sedans, sports cars, SUVs, MPVs, pickups, and motorcycles [3]. - The event will feature luxury brands such as Bentley and Lotus, alongside major players in the new energy sector like Tesla and Li Auto, as well as top domestic brands like BYD and Avita, which have already seen significant pre-sale activity [5][9]. New Vehicle Launches - Several newly launched models will be showcased, including the Extreme Fox Alpha New 6 series, Kia's 2025 model, and GAC Trumpchi's new SUV, all equipped with advanced technologies [7]. Consumer Benefits - The auto show will offer significant discounts and promotional policies from manufacturers, making it one of the most affordable times for consumers to purchase vehicles [10]. - Various promotional activities will be available, including trade-in subsidies, financing options, and exclusive gifts for attendees [15]. Special Events - A "Ten Thousand People Group Purchase" event will be held in collaboration with major brands, providing VIP privileges for early ticket purchasers, including exclusive access and special prizes [16][19]. - An online car model competition will also take place, enhancing the event's appeal with over 100 models participating [22][24].