Core Insights - The article discusses the unexpected resurgence of traditional fuel vehicles in China, highlighting that fuel vehicle sales have increased despite the dominance of electric vehicles in the market [4][11]. Sales Performance - In September, traditional fuel vehicle sales reached 1 million units, marking a year-on-year increase of 6,000 units and a month-on-month growth of 10.9% [4]. - From January to September, cumulative sales of traditional fuel vehicles totaled 8.141 million units, reflecting a year-on-year growth of 1.7% [5]. - Fuel vehicles accounted for 47.76% of total passenger vehicle sales in the same period, indicating their continued significant market presence [6]. Market Dynamics - The rebound in fuel vehicle sales is attributed to a rational market correction following a period of intense competition and price wars [8]. - Discounts on fuel vehicles have been substantial, with average discount rates around 30%, and some luxury models offering discounts exceeding 40% [12]. - The top nine fuel vehicle models accounted for approximately 20% of the entire fuel vehicle market in September [14]. Strategic Responses from Automakers - Traditional automakers are adjusting their product positioning and pricing strategies to compete with electric vehicles, with many reducing prices to below 80,000 yuan and enhancing vehicle configurations [14]. - Major brands like Honda and FAW-Volkswagen reported significant sales increases, with Honda's CR-V being a key contributor to its growth in China [19][20]. New Strategies for Fuel Vehicles - Companies like Chery and Geely are launching new fuel vehicle strategies, emphasizing the integration of smart technologies into their offerings [22][24]. - Geely's CEO stated that the company will continue to invest in fuel vehicles, recognizing their importance in the market despite the rise of electric vehicles [25]. Technological Advancements - Fuel vehicles are increasingly incorporating advanced technologies such as intelligent driving assistance and smart cockpit features, narrowing the gap with electric vehicles [27][30]. - Recent models from various manufacturers are equipped with high-performance chips and advanced driver-assistance systems, enhancing their competitiveness [30][34]. Future Outlook - The market is expected to evolve into a coexistence model where both fuel and electric vehicles thrive, with automakers adopting diversified strategies to cater to different consumer needs [39][40].

Core Viewpoint - Chery Automobile has launched its "New Fuel Strategy" with the introduction of the new models, Tiggo 9X and Tiggo 9, emphasizing advancements in technology, intelligence, safety, and a new framework for fuel vehicles [1] Group 1: New Fuel Strategy - The "New Fuel Strategy" is described as a technological declaration and a reflection of China's automotive evolution from learning to leading [1] - Chery aims to redefine the value benchmark for fuel vehicles through its four new standards: new technology, new intelligence, new safety, and new framework [1] Group 2: Technological Advancements - Chery is the first domestic brand to achieve full-stack self-research and manufacturing of the "three major components" [1] - The Falcon intelligent driving assistance system is now integrated into fuel vehicles, enhancing smoothness and fuel efficiency while featuring an intelligent cockpit for improved interaction [1] Group 3: Safety Investments - Chery has invested over 100 billion yuan in developing the Rock Solid body and 360° surround airbags to ensure user safety [1] Group 4: Sales Performance - In the first three quarters of this year, Chery Group achieved cumulative sales of 2.008 million vehicles, solidifying its position in the industry [1] - The sales of Chery's new energy segment reached 91,600 units in September, marking a year-on-year increase of 55.4% [1]

Core Viewpoint - Chery Automobile is launching the "China New Fuel" strategy, emphasizing the importance of fuel vehicles alongside electric vehicles, aiming to enhance the user experience and value perception of fuel cars through technological upgrades [1][2][9]. Market Context - In 2024, global passenger car sales are projected to reach 80.25 million, with fuel vehicles accounting for 62.75 million, representing 78.2% of the market. In China, over half of consumers still prefer fuel vehicles despite the rise of new energy vehicles [1][9]. - Chery's strategy targets the significant market of fuel vehicles, which remains largely unmet, seeking to provide intelligent features comparable to electric vehicles [1][2]. Technological Advancements - Chery's "China New Fuel" strategy focuses on four new standards: new technology, new intelligence, new safety, and new patterns [2]. - The company has developed the Kunpeng engine series, with over 3.1 million units installed globally, and the second-generation Kunpeng 8AT transmission, showcasing its self-research capabilities in key automotive components [2][7]. - The Falcon Assisted Driving system will be standard across all fuel and new energy models starting in 2025, promoting technological equality between fuel and electric vehicles [3][6]. Safety and Manufacturing - Chery has invested over 100 billion yuan in creating a robust safety structure and a comprehensive safety protection system for its vehicles [3]. - The company has entered the Fortune Global 500 list, demonstrating its rapid growth and competitive advantage in the automotive market [3][4]. Global Expansion - Chery is a leading exporter of Chinese automobiles, with a strong presence in overseas markets, particularly in developing countries where electric vehicle infrastructure is lacking [4]. - The "China New Fuel" strategy is seen as a complementary approach to electric vehicles, recognizing the coexistence of different energy sources in the automotive market [4]. Sales Performance - According to a Frost & Sullivan report, Chery is among the top 20 global passenger car companies expected to achieve over 25% growth in both new energy and fuel vehicle sales in 2024 [5]. - In the first nine months of 2025, Chery sold 2.0077 million vehicles, a 14.5% increase year-on-year, with new energy vehicles accounting for approximately 587,500 units, reflecting a 77.1% growth [5]. Product Offerings - The new models, including the Tiggo 9X, Tiggo 9, and Tiggo 9 high-performance version, are priced competitively, aiming to provide high-value options for consumers who prefer fuel vehicles [10][11]. - The Tiggo 9 features advanced comfort and noise reduction technologies, while the Tiggo 9X offers high-level intelligent driving capabilities at a mid-range price [11].

Core Viewpoint - Chery Automobile is focusing on both new energy and fuel vehicles, believing it is an era of "coexistence of oil and electricity" [2][3] Group 1: New Strategy and Product Launch - Chery launched its "China New Fuel" strategy and introduced several new models, including the Tiggo 9X and Tiggo 9, with promotional prices starting at 127,900 yuan and 137,900 yuan respectively [2] - The Tiggo series has a strong market presence, with cumulative global sales reaching 6.068 million since its inception in 2005 [2] Group 2: Technological Advancements - Chery is one of the few Chinese automakers that has independently developed the "three major components" of fuel vehicles, which supports its aggressive stance in the fuel vehicle market [3] - The new generation Kunpeng power engine has a cumulative installation of over 3.1 million units, and the second-generation Kunpeng 8AT is the only self-developed 8AT in China [3] Group 3: Sales Performance and Market Position - Chery Group's SUV sales are projected to reach 2.15 million units globally in 2024, with 1.42 million units sold from January to August 2025, marking a 15.3% increase [4] - The Tiggo family is expected to achieve global sales of 1 million units in 2024, with 600,000 units sold by August 2025 [4] Group 4: Model Differentiation - The Tiggo 9X is designed for spaciousness and intelligence, featuring a wheelbase of 2,770 mm and a maximum trunk capacity of 2,065 liters [4] - The Tiggo 9 focuses on strong power and better handling, equipped with a Kunpeng 2.0T GDI engine and second-generation Kunpeng 8AT, delivering a maximum power of 192 kW and peak torque of 400 N·m [5]

Core Viewpoint - Chery has launched its "New Fuel" strategy, introducing the new models Tiggo 9X and Tiggo 9, along with a high-performance version, aiming to redefine the value of fuel vehicles in China [1][3]. Group 1: New Product Launch - The launch event for the Tiggo 9 series took place in Xi'an on September 27, featuring promotional prices: Tiggo 9X starting at 127,900 yuan, Tiggo 9 at 137,900 yuan, and the high-performance version at 155,900 yuan [1]. - The "New Fuel" strategy is accompanied by the introduction of the Tiggo 9 series, marking a significant step in Chery's product lineup [1][3]. Group 2: Technological Advancements - Chery has achieved full-stack self-research and manufacturing of the "three major components," with over 3.1 million units of the new generation Kunpeng power engine installed globally [5]. - The company has integrated advanced intelligent driving features into fuel vehicles, enhancing driving smoothness and fuel efficiency, alongside a smart cockpit experience [5]. Group 3: Safety and Global Positioning - Chery has invested over 100 billion yuan in safety features, including a robust body structure, 360° airbags, and top-tier manufacturing processes to ensure comprehensive user safety [5]. - The company ranks first in growth among the world's top 500 automotive enterprises and exports to over 120 countries, with one in five Chinese cars exported being a Chery vehicle [5].

Core Viewpoint - Chery Automobile has launched the "New Chinese Fuel" strategy, introducing the new models of the Tiggo 9 series, aiming to enhance the driving experience for fuel vehicle users through technological upgrades [1][2] Group 1: New Product Launch - Chery has officially unveiled the Tiggo 9X, Tiggo 9, and Tiggo 9 high-performance version, with promotional pricing and purchase incentives for the National Day holiday [1] - The starting price for Tiggo 9X is 127,900 CNY, with benefits including a 20,000 CNY trade-in subsidy and a lifetime warranty for the first non-commercial owner [1] - Tiggo 9 starts at 137,900 CNY, offering similar trade-in subsidies and financing options, while the high-performance version starts at 155,900 CNY with a 10,000 CNY trade-in subsidy [1] Group 2: Technological Advancements - Chery emphasizes its self-developed "three major components" in fuel technology, positioning itself as a leader in the Chinese SUV market [2] - The new strategy focuses on four core standards: new technology, new intelligence, new safety, and new patterns, aiming to reshape the value system of fuel vehicles [2] - The new generation Kunpeng engine has an installation volume exceeding 3.1 million units globally, showcasing Chery's technological capabilities [2] Group 3: Safety and Comfort Features - The Tiggo 9X is designed to meet global five-star safety standards, with 85% high-strength steel in its body and advanced safety features [4] - The vehicle dimensions are 4817×1930×1741 mm, with a maximum trunk capacity of 2065 L, accommodating up to seven passengers [4] - Tiggo 9 focuses on power and comfort, featuring a Kunpeng 2.0TGDI engine with a maximum power of 192 kW and a peak torque of 400 N·m [4] Group 4: Market Positioning and Future Plans - Chery has entered the Fortune Global 500 and is among the fastest-growing companies, exporting to over 120 countries [3] - The company aims to develop the Tiggo series into a product line with sales reaching millions, enhancing its competitiveness in the global automotive market [5]

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 - Chery has launched the "China New Fuel" strategy, aiming to lead the global fuel vehicle market into a new era with a focus on "new technology," "new intelligence," "new safety," and "new pattern" [1] Group 1: Strategic Initiatives - The "China New Fuel" strategy is a declaration of Chery's technological advancements and reflects the evolution of the Chinese automotive industry from learning to leading [1] - Chery introduced the first models under this strategy, the Tiggo 9X and Tiggo 9, along with the high-performance version of Tiggo 9 [1] Group 2: Technological Leadership - Chery has been a pioneer in fuel technology since its inception, overcoming significant technical challenges with self-developed "three major fuel components" [1] - The company emphasizes a long-term commitment to technological innovation, positioning itself as a leader in the fuel vehicle sector [1] Group 3: Market Position - Chery is recognized as the global sales champion in the SUV segment, leveraging its strong capabilities in the fuel vehicle market to drive comprehensive technological updates [1] - The "China New Fuel" strategy is seen as a guiding force for the future development of fuel vehicles in China, especially as the industry faces growth challenges [1]

Core Viewpoint - The revival of fuel vehicles is anticipated as the purchase tax for new energy vehicles is set to be reinstated at a reduced rate, prompting automakers like Chery to launch significant promotional campaigns for their fuel vehicle products, including the introduction of the "New Chinese Fuel" strategy [1][5] Group 1: New Strategy and Market Context - Chery has launched the "New Chinese Fuel" strategy, emphasizing technological advancements and a shift in the automotive landscape from learning to leading [1][5] - The Chinese passenger car market is projected to reach a record high of 27.563 million units in 2024, with 12 million users still opting for fuel vehicles, highlighting the importance of updating fuel vehicle technology [2] Group 2: Product Launch and Features - The first models under the "New Chinese Fuel" strategy are the Tiggo 9X and Tiggo 9, with promotional prices starting at 127,900 yuan and 137,900 yuan respectively [2] - The Tiggo 9X is positioned as a "wide-body ultra-comfortable smart flagship," featuring the Qualcomm Snapdragon 8255 chip and the Falcon 500 intelligent driving assistance system [2][4] - The Tiggo 9 is equipped with a Kunpeng 2.0T GDI engine and the second-generation Kunpeng 8AT transmission, delivering a maximum power of 192 kW and peak torque of 400 N·m [4] Group 3: Safety and Design Innovations - The Tiggo 9X adheres to global five-star safety standards, featuring a high-strength steel body with an 85% steel ratio and seven airbags, including a unique far-end airbag [2][4] - The Tiggo 9 includes a rock-solid body and a unique 10-airbag system, along with L2.5 level intelligent driving assistance and Bosch IPB line control braking [4] Group 4: Industry Impact and Future Outlook - Chery aims to break the stereotype of stagnation in fuel vehicle technology by leveraging 30 years of technical accumulation and self-developed systems, providing a model for fuel vehicle technology iteration [5] - The "New Fuel" strategy seeks to balance the development of both fuel and electric vehicles, advocating for a diversified energy approach in the automotive industry [5]

Core Viewpoint - Chery Automobile officially launched its "China New Fuel" strategy, which includes four key areas: "New Technology," "New Intelligence," "New Safety," and "New Pattern," during the launch event for the new Tiggo 9 series models [1][2]. Group 1: New Product Launch - The Tiggo 9X is priced starting at 127,900 yuan, the Tiggo 9 at 137,900 yuan, and the high-performance version at 155,900 yuan for a limited time during the National Day holiday [2]. - The Tiggo 9 series is positioned to adapt to the upcoming shift in the Chinese automotive industry, where the penetration rate of new energy vehicles is expected to exceed 50% by 2025, while traditional fuel vehicles will continue to evolve [2]. Group 2: New Technology - Chery has achieved full-stack self-research and manufacturing for key components such as engines, transmissions, and four-wheel drive systems [5]. - The Tiggo 9X features the Falcon 500 intelligent driving system, supporting functions like high-speed NOA, memory parking, and VIP customized city navigation, showcasing the integration of fuel and electric intelligence [5]. Group 3: New Safety - The Tiggo 9 series utilizes 85% high-strength steel and 21% hot-formed steel in its body structure, equipped with 10 airbags and L2.5 level intelligent driving assistance as standard [6]. - The vehicle is powered by a Kunpeng 2.0T engine with a maximum power output of 192 kW, paired with a second-generation 8AT transmission, enhancing its performance capabilities [6]. Group 4: New Pattern - Chery has established a global presence, with one in five exported Chinese cars being from Chery, and its products are sold in over 120 countries and regions [8]. - The Tiggo 9 is priced between 300,000 to 400,000 yuan overseas, positioning it as a typical case of high-end Chinese brand development [8]. - Chery has set up eight global R&D centers and conducted extensive real-world testing across 1,250 million kilometers, creating a comprehensive global development system [8]. - The company emphasizes its commitment to advancing technology in fuel vehicles, asserting that fuel cars will not disappear but will evolve to be smarter, safer, and more globalized [8].