风云A9L光辉（四驱）上市现场 公司供图 ...

Core Insights - Chery Group reported a total vehicle sales of 272,536 units in November, with new energy vehicles (NEVs) sales reaching 116,794 units, marking a year-on-year growth of 50.1% and setting a new historical record [1][13] - Cumulative sales from January to November reached 2,561,465 units, representing an 11.1% year-on-year increase, while NEV sales totaled 814,685 units, up 69.4% year-on-year [1][13] - Chery continues to lead in exports, with 136,728 units exported in November, a 30.3% increase, maintaining its position as the top exporter of Chinese automobiles [1][13] Sales Performance - Chery brand sold 165,511 units in November, with a cumulative total of 1,543,069 units for the year [3][15] - The Exeed brand sold 12,021 units in November, totaling 109,466 units year-to-date [3][15] - The Jetour brand achieved sales of 55,088 units in November, with a cumulative total of 573,739 units [3][15] - The iCAR brand sold 11,428 units in November, accumulating 90,451 units for the year [3][15] - The Zhijie brand sold 11,761 units in November, with a total of 82,348 units year-to-date [3][16] Product Strategy - Chery Group is focusing on a dual-track strategy of "new energy + new fuel," launching the fifth-generation Tiggo 8 and various new energy models to meet global market demands [5][18] - At the 2025 Guangzhou Auto Show, Chery showcased 34 key models across its five brands, covering mainstream segments such as sedans, SUVs, and off-road vehicles [5][18] Technological Advancements - Chery is advancing its smart technology integration across its vehicles, with significant developments in intelligent driving, AI models, and smart cockpits [7][20] - The Exeed ET5 was awarded the "World's Top Ten Smart Cars" title, highlighting Chery's commitment to innovation in the automotive sector [9][21] User-Centric Approach - Chery is enhancing its "people, car, home" ecosystem by incorporating user feedback into product development, with over 500,000 users participating in the Wind Cloud A9L project [8][22] - The company is fostering community engagement through various brand activities, transforming users from participants to co-creators [8][22] Global Strategy - Chery is transitioning from "product export" to "brand export," with a focus on establishing a strong global presence [10][25] - The launch of the Zongheng G700 in Dubai signifies Chery's entry into the luxury off-road market, receiving positive feedback from local consumers [10][25] Future Outlook - As 2025 approaches, Chery aims to accelerate its transformation into a globally trusted high-tech ecological group, emphasizing long-term strategies in new energy, smart technology, and global innovation [13][27]

Group 1 - Chery Group reported sales of 272,536 vehicles in November, with 116,794 of those being new energy vehicles (NEVs), marking a 50.1% year-on-year increase and setting a new record [1] - Cumulative sales from January to November reached 2,561,465 vehicles, a year-on-year growth of 11.1%, with NEV sales totaling 814,685 units, up 69.4% [1] - The company exported 136,728 vehicles in November, a 30.3% increase, maintaining its position as the top exporter for seven consecutive months [1] Group 2 - Chery Group is advancing a dual-track strategy of "new energy + new fuel," launching the fifth-generation Tiggo 8 as part of its "Chinese New Fuel" strategy, which aims to provide a driving experience akin to electric vehicles [3] - Several new models were launched in November, including the Starway ET5 and the 2026 Jietu Traveler C-DM, showcasing a diverse product matrix to meet global market demands [3] Group 3 - The company is focusing on integrating smart technology into its vehicles, with advancements in intelligent driving, AI models, and smart cockpits since the "Chery Smart Night" event in March [5] - Chery is building a "people·car·home" ecosystem, involving over 500,000 users in product development and feedback processes to enhance user experience [5] Group 4 - Chery Group is transitioning from "product export" to "brand export" as part of its globalization strategy, aiming for upward brand recognition in global markets [7] - The launch of the Zongheng G700 in Dubai highlights the company's efforts to penetrate the luxury off-road market, receiving positive feedback from local users [7] Group 5 - By the end of 2025, Chery Group aims to accelerate its transformation into a globally recognized high-tech ecological group, focusing on long-term strategies in new energy, smart technology, and globalization [9]

Core Insights - Chery Group reported a significant increase in electric vehicle sales, with November sales reaching 117,000 units, a year-on-year growth of 50.1%, marking the fourth consecutive month of growth [1] - Cumulative sales from January to November reached 814,000 units, representing a year-on-year increase of 69.4%, surpassing the 800,000-unit milestone for the first time in a year [1] - This growth reflects not only the company's achievements but also the broader transformation of China's electric vehicle industry and the competitive strength of domestic brands [1] Technological Foundation and Strategic Layout - Chery's sales growth is rooted in long-term technological accumulation and a clear strategic layout, establishing a multi-path approach that includes hybrid, extended-range, pure electric, and hydrogen energy vehicles [4] - The Kunpeng power platform integrates fuel, hybrid, pure electric, and hydrogen energy technologies, showcasing Chery's forward-thinking in the industry's transitional phase [4] - Chery has achieved significant technological milestones, including the development of high-efficiency engines and solid-state battery technology, reinforcing its leadership in the electric vehicle power technology sector [4][7] Brand Value and Market Positioning - The competition in the Chinese automotive market has shifted from individual products to comprehensive technological systems, with Chery alleviating consumer concerns about range and charging efficiency [7] - Chery's technological foundation has enabled its high-end series, such as the Zongheng, Fengyun, and Starway, to successfully penetrate the mid-to-high-end market, demonstrating that brand elevation is fundamentally rooted in technological advancement [7] Ecosystem Development and User Experience - Chery is expanding its competitive dimensions to encompass the entire lifecycle experience, moving beyond mere product updates to create a "people, car, home" smart ecosystem [8][10] - The company has launched multiple new models to meet diverse consumer needs, facilitating the transition of traditional fuel vehicle users to electric vehicles [8] - Chery's collaborative initiatives, such as the "Global Co-Creation Plan," aim to enhance the charging network and vehicle connectivity, fostering an open ecosystem that accelerates technology implementation and service standards [10] Long-term Vision and Investment Strategy - Chery's commitment to long-term investment in clean energy technology since 1999 and continuous investment in electric vehicles since 2005 has led to significant technological breakthroughs [11] - The company's strategy emphasizes sustained R&D investment and the development of solid-state batteries, reflecting a philosophy of avoiding short-term speculation in favor of sustainable competitiveness [11][13] - Chery's collaborative ecosystem model accelerates the industrialization of cutting-edge technologies, contributing to the overall progress of the automotive industry [13] Conclusion - Chery's achievement of surpassing 800,000 electric vehicle sales in a year illustrates the growth trajectory of China's independent brands, emphasizing the importance of core technology, ecosystem collaboration, and long-term vision in navigating industry cycles [11][13]

Core Viewpoint - The launch of the Fengyun A9L Glory (four-wheel drive) marks a significant step for Chery's Fengyun brand, introducing a flagship C-class sedan with advanced features and competitive pricing, aimed at enhancing its global market presence [1][5]. Group 1: Product Launch and Pricing - The Fengyun A9L Glory is officially priced starting at 171,900 yuan, with four variants available: 171,900 yuan for the four-wheel drive premium version, 185,900 yuan for the high-performance version (Falcon 500), 201,900 yuan for the peak version (Falcon 700), and 226,900 yuan for the four-seat luxury version (Falcon 700) [1]. - The vehicle has achieved over 10,000 units in delivery for three consecutive months, reinforcing its position as a "global true C-class flagship" [5]. Group 2: Technological Advancements - The Fengyun A9L Glory Falcon 700 features a self-developed high-level intelligent driving system based on the Momenta R6 reinforcement learning model, supported by a computing power of 16,000P from the Tianqiong Intelligent Computing Center, enabling a learning capability of 20 million kilometers daily and 2 billion kilometers of real-world validation annually [5]. - The intelligent driving system demonstrates precise decision-making capabilities in complex scenarios, including temporary construction, intricate roundabouts, and unstructured road conditions [5]. Group 3: Comfort and Space - The four-seat luxury version of the Fengyun A9L Glory offers a spacious interior with a 3,000mm wheelbase and 1,540mm rear width, providing a "C-class size, D-class space" experience [9]. - Features include luxury rear seats with 24.5°-32° electric adjustment, heating, ventilation, and massage functions, along with a 501mm legroom and a one-button rest mode for enhanced long-distance comfort [9]. Group 4: Safety and Performance - The vehicle's structure comprises 88% high-strength steel and aluminum, with the front occupant cabin frame made entirely of 2GPa hot-formed steel, ensuring high safety performance [12]. - It is equipped with the Kunpeng Super Energy Electric Hybrid CDM 6.0 system, achieving a thermal efficiency of 45.79%, with a pure electric range of 260km and a combined range exceeding 1,200km [12]. - The chassis features a front double wishbone and rear high-end five-link structure, along with six-piston aluminum calipers and Bosch IPB 2.0 system, achieving a 34.1m braking distance from 100km/h and a 5.95m turning radius [12].

Core Insights - The Fengyun A9L, a four-wheel drive flagship sedan from Chery, was globally launched on November 15, with a starting price of 171,900 yuan [1] - The launch includes four variants: the four-wheel drive premium version priced at 171,900 yuan, the four-wheel drive high-performance version (Falcon 500) at 185,900 yuan, the four-wheel drive peak version (Falcon 700) at 201,900 yuan, and the four-wheel drive exclusive version (Falcon 700) at 226,900 yuan [1] - The Fengyun A9L has achieved a delivery volume exceeding 10,000 units for three consecutive months [1]

Core Insights - The launch of the Fengyun A9L Glorious (4WD) marks a significant milestone for Chery, introducing four versions with prices starting from 171,900 yuan, setting a new benchmark in the luxury car market in China [1][14] - The Fengyun A9L has achieved over 10,000 deliveries for three consecutive months, positioning it among the top in the mid-to-large sedan category [3][14] - The vehicle features advanced intelligent driving capabilities and luxurious interior design, aiming to redefine user experience in the luxury segment [5][9] Pricing and Models - The Fengyun A9L Glorious (4WD) is available in four versions: - 4WD Premium Version: 171,900 yuan - 4WD High-Energy Version (Falcon 500): 185,900 yuan - 4WD Peak Version (Falcon 700): 201,900 yuan - 4WD Exclusive Version (Falcon 700): 226,900 yuan [1] - The launch includes nine purchase benefits, enhancing the overall value proposition for consumers [1] Intelligent Driving Features - The Fengyun A9L Glorious Falcon 700 incorporates a self-developed high-level intelligent driving system based on the Momenta R6 model, capable of learning from 20 million kilometers of real-world data daily [5][7] - The system demonstrates advanced decision-making capabilities in various challenging driving scenarios, ensuring a smooth driving experience [7] Luxury Experience - The Fengyun A9L Glorious Exclusive Version offers a spacious interior with a 3000mm wheelbase and luxurious seating features, including electric adjustments and massage functions [9] - The vehicle integrates smart amenities such as a temperature-controlled refrigerator and various connectivity options, creating a versatile mobile space [9] User Engagement and Feedback - The development of the Fengyun A9L Glorious involved extensive user feedback, with 1,278 suggestions implemented from over 18,800 collected [11] - The vehicle has received positive endorsements from users and brand ambassadors, highlighting its value and comfort [11] Technical Specifications - The Fengyun A9L Glorious is built with 88% high-strength steel and aluminum, ensuring safety and durability [11][12] - It features a hybrid power system with a thermal efficiency of 45.79%, offering a pure electric range of 260 km and a combined range exceeding 1200 km [11] - The vehicle's braking and handling capabilities are enhanced by advanced suspension and braking systems, ensuring confident control [11] Industry Recognition - The Fengyun A9L has received multiple industry accolades, including NESTA six-dimensional electric safety certification and recognition for its chassis and energy efficiency [12] - The vehicle aims to establish a new standard for health and safety in the automotive sector, reinforcing its position as a flagship model [12]