Weekly Car Circle丨Nio releases BaaS battery rental service, new Fit will be launched soon

It’s the weekend again, and I didn’t expect that the farce between Tesla and Pinduoduo will be staged this week. In addition, there is also more information about Xpeng Motors’ listing in the United States.

The most noteworthy thing this week is that NIO officially launched its BaaS battery rental service. The prices of all NIO models have further dropped to 70,000 yuan, with monthly payments starting from 980 yuan. Rent batteries; General Motors also released its plan for the next five years this week, and will invest more than 20 billion US dollars in the field of electric vehicles and autonomous driving... Read more about major domestic and foreign automotive events this week~

NIO officially released the BaaS battery rental service

On August 20, NIO officially released the battery rental plan (BaaS) and simultaneously released Wuhan Weineng Battery Assets Co., Ltd. Li Bin, the founder of NIO, introduced that this will be a completely independently operated company responsible for battery asset management. The shareholders behind it include: NIO, CATL, Hubei Science and Technology Investment and Guotai Junan. Each of the four parties invested 200 million yuan and held 25% of the shares. %. More capital parties will enter in the future.

For car buyers, if they choose to rent a battery, taking a 70kWh battery pack as an example, the monthly rent is 980 yuan, but they can pay 70,000 yuan less for the car purchase and directly use the NIO ES6 and EC6 The cost of purchasing a car has been reduced to less than 300,000 yuan. From a usage perspective, 70,000 yuan is approximately equal to the user’s cost of renting a car for six years. If the user plans to change the car within six years, the battery rental model is indeed a great discount.

View from the automotive industry:

For Weilai Automobile, the product price can reach less than 300,000 through the separation of vehicle and electricity. The impact on the brand will not be great, but The user base can be expanded. In addition, the separation of vehicle and electricity can also expand the user base of NIO's battery swap solutions and further improve the operational efficiency of battery swap stations.

For users, using the battery pack mode to purchase a car will further reduce the cost of car purchase and solve the problems of battery decay and second-hand car depreciation. NIO has become a significantly differentiated new energy vehicle company through its vehicle-electricity separation model, but currently, NIO’s service model still needs time to polish.

In addition, there is news this week that Nezha Automobile is planning to cooperate with several battery manufacturers, including CATL and Huading Guolian, to launch a vehicle-electricity separation mode. The internal project is tentatively designated as "Battery bank".

GAC NIO claims that the hardware profit margin does not exceed 1%

On August 19, GAC NIO announced the latest CAN AIOS smart car linkage at a press conference held in Beijing. OS, three subscription-based membership services, and the vehicle BOM (Boil Of Material in Chinese), and stated that "the profit margin of hardware equipment will not exceed 1%. If there is any excess, all excess will be returned to Users. "

What attracted the most attention at this conference was that GAC NIO announced the BOM list of major parts of the vehicle, including interior and exterior decoration, chassis and body, three electricity, intelligent network and so on. R&D expenses, manufacturing expenses, etc., covering more than 70 supply names and purchase prices for vehicle manufacturing. According to statistics, the total cost of the HYCAN?007 vehicle is 300,024 yuan, and the highest configuration of this model is priced at 303,000 yuan after subsidies. The profit margin is indeed less than 1%.

View from the automotive industry:

According to GAC NIO, if the comprehensive profit margin of hardware exceeds 1%, the company will return all the excess to users. Such a bold move is the first of its kind among global car companies - although Tesla hopes to make money by selling software, it has not promised that "hardware does not make money."

Prior to this, Xiaomi company Lei Jun promised users when he released Xiaomi’s new phone in 2018 that the annual comprehensive net profit margin of the overall hardware business, including mobile phones and various ecological chain products, would never exceed 5%, the excess will be returned to the user. This time, GAC NIO’s direct announcement of no more than 1% is even more bold. Although it has to draw a clear line with traditional car companies that focus on hardware, it is still difficult for GAC NIO, a start-up company, to make profits at present. Will it be easy to raise funds after making such a claim? In addition, is the announced BOM cost reliable?

Xpeng Motors plans to raise US$1 billion in IPO on August 27

According to foreign media reports, Xpeng Motors plans to be listed for trading on August 27. The latest prospectus shows that Xpeng Motors plans to issue 85 million American depositary shares, corresponding to 170 million Class A ordinary shares, with a pricing range of US$11-13 per share, and a proposed financing amount (including over-allotment rights) of US$1.075 billion. ~$1.271 billion. Including the issuance of shares with over-allotment rights, Xpeng Motors is valued at approximately US$8.613 billion based on the mid-point of the issuance range of US$12.

Alibaba, existing Tesla shareholders PRIMECAP, Coatue, which has invested in ByteDance, Qatar Investment Authority and Xiaomi have all expressed interest in subscribing at the initial public offering price, intending to subscribe for US$200 million, respectively. $100 million, $100 million, $50 million and $50 million. Calculated based on the median issuance range of US$12, these investors' intended subscriptions account for approximately 49.0% of the IPO's public offering shares.

View from the automotive industry: Before Xpeng Motors, new domestic car-making forces Weilai and Ideal have both completed their listings. It is also a big deal that Xpeng Motors, also the leading new car-making force, has been favored by the capital market. Probabilistic event. If nothing goes wrong, on August 27, 2020, the third listed company among China's new car-making forces will be listed on the New York Stock Exchange in the United States.

General Motors will increase investment in the Chinese market

On the evening of August 19, at the Technology Outlook Day held by General Motors, the third-generation global electric vehicle platform and the new Ultium battery system , as well as the next-generation pure electric models of the three major brands of Buick, Chevrolet and Cadillac were all unveiled at the scene.

Compared with forward-looking technology and huge investment, the "Chinese market" is placed in a particularly prominent position this time.

In terms of the overall layout, more than 40% of the new models launched by General Motors in China in the next five years will be new energy vehicles. More importantly, these new energy models will be 100% domestically produced.

In the field of cutting-edge technology, the SUPER?CRUISE super intelligent driving system will cover the entire Cadillac range within five years. At the same time, the first model equipped with V2X technology, the Buick GL, will be launched within eight years, and 5G functions will be installed from 2022. All Cadillac products.

In terms of R&D and product planning, General Motors plans to invest more than US$20 billion in global electric vehicles and autonomous driving by 2025. Specific to SAIC-GM, it will introduce GM's third-generation electric vehicle platform from 2020 to 2025 and launch more than 9 new energy models.

View from the automotive industry:

The Chinese market will become a focus of GM in its global transformation process. If they want to survive and do well in the Chinese market, these multinational companies need to get closer to the Chinese market. "From the beginning of our entry into the Chinese market, we have insisted on introducing the most advanced technologies to benefit Chinese consumers," said General Motors President Marco Reiss. Indeed, GM needs the Chinese market, and GM is indeed closer to the Chinese market now than ever before.

Sold for 192,800 yuan, WEY?VV7 technology version is on the market

On August 20, WEY technology version was officially launched, with an official guide price of 192,800 yuan. The new car will be 4,000 yuan more expensive than the current VV7 flagship model.

On the basis that the appearance, interior design and power have not changed much, and based on the rich configuration of the current VV7 model, the VV7 technology version focuses on upgrading the rear comfort of the SUV. The rear seats have been replaced with more comfortable and luxurious ones, and a 5-inch LCD screen is installed in the rear center armrest, which can control functions such as the radio, sunroof and sunshade opening and closing. In addition, the rear seats also have a new massage function, and the left and right seats can be controlled separately. They are also equipped with dual-zone heating, and have functions such as seat ventilation and lumbar support adjustment.

In addition, in terms of technology configuration, the technology version of the model has added an intelligent three-view driving recorder, which supports remote viewing and a fully automatic intelligent parking system.

In terms of power, the VV7 technology version will continue to be equipped with the existing 2.0T engine, with a maximum power of 224 horsepower and a peak torque of 387 N·m. The transmission system is matched with a 7-speed wet dual-clutch gearbox.

Sold from 125,800 yuan, Haima 7X is on the market

On August 23, Haima 7X was officially launched, launching 3 models with a price range of 125,800 to 149,800 Yuan. As a three-row, seven-seater MPV, the length, width and height of the Haima 7X are 4815/1874/1720mm, and the wheelbase is 2860mm.

The highlight of the new car is in terms of child safety. The Haima 7X has a child lock reminder function. Through the four ultrasonic sensors on the front and rear ceilings, once the vehicle is successfully locked for 10 seconds, it will detect the presence of children in the car. Whether there are static/dynamic living objects, an alarm will be issued and the information will be sent to the car owner's mobile phone to avoid danger in time.

At the same time, Haima 7X is also equipped with a child monitoring imaging system. The driver can see the riding status of children in the rear seat in real time through the central control screen; it has exclusive voice control for the rear seat, and children can use voice to obtain children's songs or songs in the rear seat. animation and other entertainment; in addition, it also has thoughtful functions such as one-button control of the child lock to help parents solve some concerns about traveling with their children.

In addition, Haima 7X also has automatic parking system, 360° surround view system, merging assist system, collision warning system PCW and other configurations in terms of driving safety; it is equipped with PM2.5 air filter Systems, in-car VOC and odor control can also create a better riding environment.

In terms of power, Haima 7X is equipped with 1.5T and 1.6T engines. The 1.6T engine has a maximum horsepower of 194 horsepower and a peak torque of 293 N·m. The maximum power of the 1.5T engine is 165 horsepower. The peak torque is 240 Nm, and both will be matched with a 6AT gearbox; in terms of power, this 1.6T engine is at the mid-to-upper level among many independent brands.

The new Fit will be launched on August 26

According to official news from GAC Honda, the new generation of Fit will be officially launched on August 26. The new car has been pre-sold before, with pre-sales starting from 81,800 yuan.

The fourth-generation Fit (FIT) has two series, Chaoyue Pro (SPORT) and Chaoyue Max (CROSSTAR), which correspond to the sports version and the crossover version respectively, each with different characteristics.

Judging from the official pictures released this time, the fourth-generation domestic Fit has undergone quite obvious changes. The lines are more rounded, the overall look and feel is more agile and cool, and it is lively and fashionable and more neutral. , is expected to attract many female consumers to choose. It is worth mentioning that both the Chaoyue Pro (Sport) and Chaoyue Max (Crosstar) models support fashionable color matching of two-color body + two-color interior, which just caters to the car buying needs of young consumers who like fashionable personality.

In addition, it can be seen that the new generation of domestically produced Fit is slightly different from the models previously unveiled at the Tokyo Motor Show. The front grille and bumpers have been locally modified.

Among them, the front bumper of the new Fit Sport has a more aggressive shape. The addition of unique ring-shaped LED headlights adds more fashion sense, and more black elements are used. "C" on both sides "The area of ??the font-shaped black trim is larger, and there is an additional side skirt on both sides of the body. The rear bumper is also significantly different from the overseas version, and the shape is more complicated.

The Crossstar crossover version basically retains the design of the overseas version, with a more three-dimensional front grille, new wheel shapes, and a rough black anti-scratch strip added to the lower edge of the body. At the same time, a luggage rack is added to the roof, and the ground clearance is increased by 30mm.

In terms of interior, the domestic fourth-generation Fit adopts a fashionable two-color color design in the car, and the width of the A-pillars has been extremely refined to make the view inside the car wider. At the same time, the configuration has been greatly improved. It has been replaced with a combination of LCD instrument + LCD touch screen, which has a stronger sense of technology.

Of course, the most noteworthy thing is that the fourth-generation Fit is also equipped with the Honda SENSING (Safety Super Sensing) intelligent driving assistance system for the first time, which has significantly improved safety protection. It is reported that the Chaoyue Max (CROSSTAR) series will also be equipped with unique luxury configurations, which we must look forward to further disclosure in the future.

In terms of power, the fourth-generation Fit will be powered by "Earth Dream Technology" - a 1.5L direct-injection DOHC? i-VTEC engine, paired with an M-CVT gearbox, which is still the familiar "civilian" Supercar". Based on previous declaration information, the maximum power of the 1.5L naturally aspirated engine is 96kW (131Ps), and the declared fuel consumption value is 5.2-5.6L/100km; perhaps a hybrid version of the Fit will be introduced in the future.

Summary

The above is the entire content of this week's car circle. The launch of the new "civilian supercar" Fit next week must be a highlight, and this week's car-electricity separation meeting Is it the next trend? If you want to know more about the big and small things in the automotive industry, please follow us. We will see you at the same time next week~

This article comes from the author of Autohome Chejiahao and does not represent the views and positions of Autohome .