Core Viewpoint - Geely Galaxy A7 has officially launched with seven models priced between 81,800 to 117,800 yuan, offering various consumer benefits including financial plans and trade-in incentives [1][3]. Group 1: Product Features - The Geely Galaxy A7 features the Thunder AI Hybrid 2.0 system, achieving a thermal efficiency of 47.26% and a fuel consumption of 2.67 liters per 100 kilometers when running on gasoline [3]. - The vehicle boasts a comprehensive range of over 2,100 kilometers and can be charged from 30% to 80% in just 18 minutes, addressing range anxiety for consumers [3]. - With a length of 4,918 mm and a wheelbase of 2,845 mm, the car offers a spacious interior of 4.2 square meters, with rear legroom of 950 mm and knee space of 132 mm, both leading in its class [5]. Group 2: Comfort and Design - The design includes a flat floor and 10-layer cotton candy SPA seats with 14-point massage functions, enhancing passenger comfort [5]. - The vehicle features 28 storage spaces and a trunk capacity of 535 liters, expandable to 988 liters, catering to diverse consumer needs [5]. Group 3: Technology and Safety - The Galaxy A7 is equipped with the Galaxy Flyme Auto intelligent cockpit, supporting voice control, navigation, and full-scene connectivity [6]. - It includes the Qianli Haohan H3 driver assistance system with 11 cameras, 3 millimeter-wave radars, and 12 ultrasonic radars, enabling advanced features like highway navigation and automatic parking [6].

Core Viewpoint - Geely Auto has officially launched the new hybrid sedan Galaxy A7, which features advanced technology and aims to enhance its presence in the new energy vehicle market [1][4]. Product Features - The Galaxy A7 is available in seven variants with electric ranges of 150km and 70km, priced between 81,800 yuan and 117,800 yuan [1]. - It boasts a comprehensive range of over 2100km, with a fuel consumption rate as low as 2.67L per 100km under CLTC conditions, setting a new standard for hybrid sedans [1][2]. - The vehicle's dimensions include a wheelbase of 2845mm and a length of 4918mm, providing a spacious interior with 4.2㎡ of cabin space, which is the largest in its class [2]. Energy Efficiency - The Galaxy A7 features the Thor AI Hybrid 2.0 system, achieving a thermal efficiency of 47.26%, the highest among mass-produced models globally [1]. - It supports a maximum charging power of 37kW, allowing for a 30% to 80% charge in just 18 minutes [2]. Comfort and Space - The vehicle includes unique features such as 10-layer cotton candy SPA seats and a 14-point massage function, enhancing passenger comfort [3]. - It offers 28 storage compartments and a trunk capacity of 535L, expandable to 988L with the rear seats folded [3]. Safety Features - The Galaxy A7 incorporates a unique oil, electricity, and smoke separation design, ensuring inherent safety [3]. - It has passed over 100 extreme scenario tests for its battery safety system, exceeding national safety standards [3][4]. Intelligent Systems - The vehicle is equipped with the new Galaxy FlymeAuto system, featuring a computing power of 23.5 EFLOPS, supporting voice interaction and advanced navigation features [4]. - It includes the Qianli Haohan H3 driver assistance system, with multiple sensors and cameras to enhance driving safety and convenience [4]. Market Positioning - The Galaxy A7 is a significant product for Geely's Galaxy brand, following the achievement of one million sales, and is expected to strengthen its position in the hybrid sedan market [4].

Core Insights - Geely Galaxy A7 aims to redefine the standards and value points of hybrid electric sedans with a starting price of 81,800 yuan and a comprehensive range exceeding 2,100 kilometers [2][4] - The vehicle features a low fuel consumption of 2.47L per 100km, positioning itself as a competitive option against traditional fuel-efficient cars like the Toyota Prius [4] - The A7's strategy focuses on high configuration at a low price, offering seven variants that cover both 70km and 150km pure electric ranges [2][4] Energy Efficiency - The Galaxy A7 is equipped with the Thor AI Hybrid 2.0 system and boasts the world's highest thermal efficiency of 47.26% for its hybrid engine, achieving a fuel consumption of 2.47L per 100km [4] - The vehicle has demonstrated a real-world range of over 2,100 kilometers, achieving a 104.78% success rate even under high-temperature conditions in Xinjiang [4] Space and Comfort - With a length of 4,918mm and a wheelbase of 2,845mm, the A7 offers B-class dimensions and C-class experience, featuring a rear legroom of 950mm and a maximum expandable trunk capacity of 988L [4] - The vehicle includes 10-layer cotton candy seats and 14-point SPA massage functionality, enhancing comfort for families with children, pets, or luggage [4] Intelligent Features - The Galaxy A7 introduces the Flyme Auto system and the Qianli Haohan H3 driver assistance scheme, featuring 23.5 EFLOPS computing power, voice blind operation, and support for advanced navigation and parking assistance [4] - It includes the unique AES automatic evasion feature, making it stand out in the hybrid sedan market for its intelligent configurations [4] Market Positioning - The A7 represents Geely's strategic entry into the mainstream hybrid sedan market, aiming to compete with popular models like Wuling Xingguang and Qin L [7] - The Galaxy series has seen rapid sales growth, with over one million units sold in two years, primarily in the SUV and mid-to-high-end sedan segments [7] - The A7's aggressive pricing and feature-rich offering reflect a shift in Geely's approach to value perception in a competitive market [7]

Core Viewpoint - Geely's Galaxy series has launched the new sedan Galaxy A7, which is built on the GEA new energy architecture and features the latest Thunder AI Hybrid 2.0 system and Galaxy Flyme Auto intelligent cockpit, indicating a clear market positioning for the Galaxy brand [1][3] Product Details - The Galaxy A7 is positioned as a B-class car, filling the market gap between the Xingyao 8 and Galaxy L6, with a target price range of 100,000 to 120,000 yuan [3][4] - The Galaxy A7's key feature is the Thunder AI Hybrid 2.0 system, which includes a 1.5T four-cylinder hybrid engine, a 3-speed DHT Pro electric drive transmission, and a large-capacity battery pack, achieving a maximum thermal efficiency of 47.26% [6][8] - The vehicle boasts a CLTC fuel consumption of 2.67L per 100km in electric mode and a comprehensive range exceeding 2100km when fully charged [8] - The A7's dimensions include a length of 4918mm and a wheelbase of 2845mm, providing ample interior space, with rear legroom of 950mm and a trunk capacity of 535L [9] Competitive Landscape - The Galaxy A7 aims to compete directly with BYD's popular models, the Seal 06 DM and Qin L DM, particularly in the pricing and market segment [3][4] - Unlike competitors focusing on intelligent cockpit and driving features, Galaxy A7 emphasizes intelligent integration in the power domain, which may differentiate it in the market [3][4] Technology and Safety Features - The Galaxy A7 features the new Galaxy Flyme Auto intelligent cockpit system with a 13.2-inch 2.5K vertical screen and a 10.25-inch full LCD instrument panel, powered by the Qualcomm Snapdragon 8155P chip [10] - Safety features include a "cage-like" body structure with 76% high-strength steel and 25.8% hot-formed steel, along with six airbags and L2-level intelligent driving assistance functions [10]

Domestic News - Eight departments, including the Ministry of Industry and Information Technology, are soliciting opinions on the "Automobile Data Export Security Guidelines (2025 Edition)" [5] - From January to April 2025, China's total lithium battery production exceeded 473 GWh, a year-on-year increase of 68% [6] - GAC Group has committed to ensuring the completion of dealer rebate payments within two months to promote high-quality development in the automotive industry [7] - Geely has launched the "Thunder God AI Electric Hybrid 2.0" system, featuring an engine thermal efficiency of 47.26% and a fuel consumption of only 2.49L/100km [8] - China FAW's flying car headquarters project has officially settled in Shenzhen's Dapeng New District, focusing on R&D and production of flying cars [9] - Xiaomi has published a patent for solid-state battery technology, which improves ion transport efficiency [10] - CATL's standardized battery swap model will be implemented in Hong Kong, with plans to establish 10 battery swap stations by the end of 2026 [11][12] - Pony.ai showcased its seventh-generation Robotaxi at the Hong Kong Auto Show, designed for L4 autonomous driving [13] Foreign News - The U.S. Department of Transportation plans to relax regulations on autonomous vehicles, allowing manufacturers to produce models without traditional controls [14] - Mitsubishi has partnered with Ample to launch a rapid battery swap service in Japan, capable of providing hundreds of kilometers of range in just 100 seconds [15][16] - General Motors announced a nearly $4 billion investment in U.S. factories over the next two years to accelerate the production of next-generation vehicles [17] - VinFast aims to increase its annual electric vehicle production to 1 million units by 2030, up from its current capacity of 250,000 units [18] Commercial Vehicles - Beijing Foton has delivered 312 city transport buses to Madagascar, marking the largest single order of Chinese buses in Africa [19] - 80% of Qingling Group's shares will be transferred to Chongqing Yufu Holdings, as part of a government initiative [20] - Chongqing is accelerating the electrification of commercial vehicles, with plans to promote over 180,000 new energy vehicles in public transport by the end of the year [21] - Ningxia has launched an online application for subsidies to encourage the scrapping and updating of old operating trucks, with over 1 billion yuan in subsidies processed [22]

Investment Rating - The report maintains a "Buy" recommendation for the automotive industry, with an optimistic outlook for sales recovery in late June and the overall year [2][3]. Core Insights - The automotive sector is expected to see a demand recovery in late June, transitioning into a seasonal peak towards the end of the year due to new product launches and subsidies [2][3]. - The report emphasizes the importance of stock selection, suggesting a focus on individual stock characteristics rather than market beta [2][3]. Data Tracking - In April, wholesale passenger car sales reached 2.22 million units, a year-on-year increase of 11% but a month-on-month decrease of 10% [4]. - The new energy vehicle sector showed significant growth, with BYD delivering 380,000 units in May, a year-on-year increase of 15% [4][18]. - The average discount rate in the industry rose to 7.8% in late May, an increase of 0.6 percentage points from the previous period [4][19]. - As of June 13, 2025, the average price of lithium carbonate was 66,306 CNY per ton, down 37% year-on-year [5][22]. Industry News - In May, the retail sales of passenger cars in China reached 1.96 million units, a year-on-year increase of 13.9% [23]. - The production and sales of automobiles in May were 2.649 million and 2.686 million units, respectively, with year-on-year growth of 11.6% and 11.2% [23]. - The report highlights the increasing contribution of the equipment manufacturing sector to China's overall export growth, particularly in electric vehicles [23]. Market Performance - The automotive sector experienced a decline of 0.66% this week, ranking 18th out of 29 sectors [7][26]. - The report notes that 78 stocks in the automotive sector rose while 197 fell, indicating a challenging market environment [26].