Heroes gather in NEVC2024, the 9th China New Energy Logistics Vehicle Challenge, to see the racing models first.

The annual "NEVC China New Energy Logistics Vehicle Challenge" is about to start. I believe that everyone is more concerned about which models will come to participate in the competition. Tram Jun will take you to see:

Note: The following rankings are in no particular order and are constantly updated.

VAN system group

Ruichi EC75

Ruichi EC75 is a seven-sided model launched by Ruichi New Energy for real-time urban distribution and platform freight demand. From the appearance, this model maintains the design style of new energy, with a banner air inlet under it, which looks very attractive as a whole. The specific entry configuration of Ruichi EC75 is shown in the above figure. Tram resources also know that in the future, Ruichi EC75 will launch more models for users to choose from, and it can also better select the right products according to their own needs.

Previously, the tram resources were also measured for the long-life version, and the overall performance was good under the condition of carrying one ton of goods. At the same time, in the "Trams and Cars" column created by Trams Resources, the blind box taxi mode was also carried out for the standard endurance version models. The owner expressed satisfaction with the Ruichi EC75 and also expressed regret that he did not buy the long endurance version models.

So, what will be the result of the race of Ruichi EC75? See you at the challenge!

Saic Datong wins V1

SAIC Chase Dana V1 is a model built on MILA platform, which was launched by SAIC Chase in 2023. The version of this competition is the long-axis low-top version. Besides the racing models, SAIC Chase Dana V1 also has several versions such as short-axis low-top, short-axis high-top and long-axis high-top, and the number of cargo compartments covers 7.1-9.5m3.

From the appearance, the A-pillar of SAIC Datong’s V1 is blackened, which echoes the penetrating black trim at the headlights. With the bright white body color, the overall shape Q is smart, stylish and simple. With the "C-shaped" headlight design, the front windshield is inclined at a large angle, giving people an elegant beauty.

At the same time of Q Meng’s appearance, the configuration of SAIC Datong’s V1 is not low, and the instrument panel design integrated with the intelligent central control panel also makes the interior of the vehicle more like a passenger car. Then, it is worth looking forward to what kind of achievements such a large-scale new energy vehicle can create.

Xinyuan E3L

Xinyuan E3L is a brand-new large-scale vehicle launched by Xinyuan Automobile in 2024. L has a straight figure and rough lines, which is very individual and recognizable. At the same time, the horizontal and vertical design of Xinyuan E3L continues from the front to the rear, which makes the container more regular and more efficient.

In terms of parameter configuration, Xinyuan E3L in this competition is an unlisted version, with a cargo compartment size of 3145*1730*1375mm and a cargo compartment volume of 7.5 m, which is wider than the models currently on sale. The participating models are equipped with lithium iron phosphate battery provided by Contemporary Amperex Technology Co., Limited, with a battery capacity of 53.58kWh, and the motor is provided by Huichuan United Power, with a peak power of 60kW.

At present, Xinyuan Automobile has realized the multi-scene full-vehicle layout of urban distribution logistics, providing users with richer and more diversified choices. Tram resources have also been measured on Xinyuan E3L, which is currently being sold. Under the condition of loading one ton of goods, the endurance achievement rate is 91.8%, which is quite good. At the same time, we also believe that Xinyuan E3L will live up to expectations in this challenge, so stay tuned.

Gio aoteng Pro

The Gio Otten Pro in this competition is an upgraded model of Gio Otten Pro launched by New Gio Automobile in 2023, which not only retains the classic elements of the Otten family, but also incorporates many innovative details.

In terms of parameter configuration, the size of the cargo compartment of Giooten Pro is 3010*1710*1400mm, and the volume of the cargo compartment is 7.2 m, with side lift doors and split tailgates for easy loading and unloading. Its lightweight body design can reduce the weight by 200 kg while ensuring the bearing capacity, and the curb weight is 1560kg. The entry Giooten Pro is equipped with lithium iron phosphate battery provided by Contemporary Amperex Technology Co., Limited, with a battery capacity of 50.23kWh. In addition to the entry, Giooten Pro also provides two versions of 41.85kWh and 41.93kWh for users to choose from.

As a large-scale product of new Gio automobile, the response of Aoteng series in the market has been very good. I believe that Gio Aoteng Pro will also achieve good results in this competition.

Remote Star Enjoy V7E

Remote Star Enjoy V7E is a part of product layout improvement for remote new energy commercialization. It was listed in 2024, inheriting the design of Star Enjoy Family and improving the discrimination.

The size of the remote satellite V7E cargo compartment is 3260*1630*1320mm, and the volume of the cargo compartment is 7.0 m. The design of side-lift door and split tailgate not only makes the space utilization of the cargo compartment high, but also makes the internal dimensions of the cargo compartment long, wide and low enough. The remote Star Enjoy V7E in this competition is equipped with lithium iron phosphate battery provided by Guoxuan Hi-Tech and provided by Zhixin Power. The battery power is 48.38kWh, which is larger than the previous remote Star Enjoy V6E, and it also means that the battery life will be longer.

For platform users, the remote satellite sharing V7E with large capacity and large size can deliver more goods, which is self-evident. Remote satellite enjoys V7E, which is stronger or weaker, which is worth looking forward to!

SAIC Datong Xintu EV80

SAIC Datong Xintu EV80 is a wide-body light passenger car under SAIC Datong, which is loved by individual users and corporate users with its advantages of leap space, good passability, ultra-low energy consumption and easy driving.

In terms of parameter configuration, SAIC Datong Xintu EV80 is a big model. The size of the cargo compartment of this model is 3150*1800*1940mm, the volume of the cargo compartment is 11.0 m, and the rated load is 1355kg. It is equipped with lithium iron phosphate battery provided by Shanghai New Power, the battery power is 77kWh, and the motor is provided by Zhuhai Yingboer, with a peak power of 120kW.

Good passability and mobility will also bring more business opportunities to users. I believe that SAIC Datong Xintu EV80 can also compete in the arena.

Card system group

Ling Shi Huang Jin Xiao ka

Lingshi Gold Mini-Card is a pure electric mini-card model declared by liuzhou wuling New Energy Company in 2024. It is designed with the same cab as Lingshi Gold Card and Lingshi Gold Warehouse, and has not been officially listed yet.

In terms of parameter configuration, the size of rhombic gold corral board is 3510*1780*380mm, the rated load is 1420kg, and it is equipped with lithium iron phosphate battery provided by Contemporary Amperex Technology Co., Limited, and the battery power is 53.58kWh.

Compared with the extended-range diamond gold card, the pure electric diamond gold card can bring lower operating costs, so it is worth seeing whether such a pure electric micro card can achieve new achievements in the segmentation field.

Xinyuan T5L intercity edition

Xinyuan T5L series model is a model launched by Xinyuan Automobile in 2023, and it is also a popular product among new energy small truck models at present. However, the model participating in this competition is not a model currently being sold, but a large-capacity model launched by Xinyuan Automobile for intercity transportation.

Judging from the parameter configuration, Xinyuan T5L still maintains the size of its main products, but the power consumption has increased from 55.7kWh to 70.47kWh, which basically touches the power consumption of light truck models.

Undoubtedly, the market demand promotes the continuous upgrading of products. Defining products by scenes is the mainstream direction of the current market, and the appearance of large-capacity and small-sized car models is also a further subdivision of the market. Then, how many awards will Xinyuan T5L of 70.47kWh win in the competition, which is worth looking forward to!

Jiangling e shunda

Jiangling e Shunda is a brand-new pure electric small truck model declared by jiangling motors in 2024. The participating models are 3.5-ton small truck models. From the appearance, Jiangling e Shunda is in line with the style of new energy vehicles. Compared with the previous Shunda series light trucks, it is more recognizable and more fashionable.

In fact, in jiangling motors, light trucks are the main truck models. At the moment when the urban distribution market is gradually replaced by new energy sources, jiangling motors has gradually improved its overall layout in the light business market, from the E-Shun and E-Shun of VAN series to the subdivision of small trucks and light trucks.

In terms of configuration that everyone is most concerned about, Jiangling E Shunda, a 3.5-ton truck model, is equipped with lithium iron phosphate battery provided by Contemporary Amperex Technology Co., Limited, and its power consumption is larger than that of the mainstream 3.5-ton truck, reaching 63.7kWh. The size of the whole container of Jiangling e Shunda is 3800*1800*380mm, and the length of the fence of 3.8m is also the most popular small truck model at present.

As a Jiangling foundation that has not yet been listed, but backed by decades-old truck models, I believe its chassis and power performance will not let everyone down.

Dongfeng e xing EV360

Dongfeng E-Star EV360 is a pure electric light truck model launched by Dongfeng Light Vehicle, which imitates the front face of the blue whale with the streamlined radian embellished, giving people a good impression.

In terms of parameter configuration, Dongfeng E Star EV360 has a container size of 4200*2100*2100mm and a curb weight of 3145kg. It is equipped with lithium iron phosphate battery of 100.46kWh from Contemporary Amperex Technology Co., Limited and permanent magnet synchronous motor with a peak power of 140kW from Dongfeng Dana axle, and its power and endurance performance are good. In addition to the participating models, Dongfeng E-Star EV360 has several versions to choose from for different market segments.

It is worth mentioning that Dongfeng light vehicle is also one of the few main engine factories with its own batteries and motors in the market, and with decades of experience in building cars, there is no doubt about the model tuning. In this challenge, can Dongfeng E-Star EV360 win the all-around gold medal? Let’s wait and see.

Remote Xingzhi H9M

Alcohol-hydrogen power is a hot word that has been ignited by remote new energy commercial vehicles in recent years. Remote Xingzhi H8M is a methanol extended-range light truck built by continuous iteration based on Geely’s 18-year technology accumulation and methanol internal combustion engine and methanol hybrid system, and the remote Xingzhi H9M participating in this competition is a continuous iterative product.

Methanol extended-range light truck is a vehicle that reduces the battery power and adds an efficient methanol generator set on the basis of pure electric vehicle, so as to increase the driving range. Remote Xingzhi H9M can cover urban distribution and short-distance inter-city logistics, and it can achieve long battery life and low-cost operation for use scenarios with higher timeliness requirements, no time to charge or unconditional charging, and mainly using methanol.

As a new model that has not yet been listed, we will wait and see how the long-range Xingzhi H9M can perform in this challenge.

The list is constantly updated …

Stay tuned!

Hamas threatened "jihad", and Israel stood firm against the suffering of Gaza people.

Special topic: Israeli army’s large-scale air raid on Gaza Strip.

  BEIJING, Dec. 29 (Xinhua)-Hamas leaders who control the Gaza told the Palestinian people that no matter what force Israel uses against them, Gaza will never give in to Israel. According to Iranian media reports, Hamas’s foreign propaganda officials even said that "the only way to fight back against Israeli crimes is to launch jihad and uprising".


  After Israeli air strikes in Gaza killed 287 people, a pro-Hamas website published a letter from Hamas leader Chana to the Palestinians, which said: "We will not leave our land, we will not surrender, and we will not kneel down and give up." Chana said: "There are blood everywhere and martyrs everywhere. There may be more people injured and sacrificed, but Gaza will never surrender. "


  In the face of Hamas’s threat, the Israeli side showed no weakness and took a tough attitude. The Israeli cabinet passed a decision on the 28th to recruit reservists. It is estimated that Israel will mobilize at least 6,500 reservists. Israeli authorities also said that they bombed more than 40 tunnels on the border between Gaza and Egypt for smuggling.


  Israel also warned that it would launch a ground offensive against Gaza if the current air strikes failed to stop Palestinian militants from firing rockets and mortars into Israeli territory. At a cabinet meeting, Israeli Prime Minister Olmert warned his colleagues that the battle would be "long, painful and difficult".


  Both the Hamas organization and the Israeli army have their own "weapons". The Israeli side dispatched regular troops, tanks and military aircraft to carry out large-scale military operations, while Hamas dispatched suicide bombers, guerrillas and rocket launchers. The intransigence between the two sides will inevitably lead to greater casualties, and the first victims are the people.


  According to current statistics, since the Israeli bombing of Gaza, 287 Palestinians have been killed and nearly 1,000 injured. The major hospitals and clinics in Gaza are currently overcrowded, and the humanitarian crisis is very serious. Doctors say they can’t cope with such a large number of injured people. They said that there is a shortage of hospital beds and medicine, and more plasma is urgently needed to help the wounded.


  Egyptian officials said on the 28th that a large number of Palestinians wanted to cross the border and enter Egypt to escape Israeli air strikes. The local refugee problem will worsen, and it will inevitably trigger the resentment of refugees. Terrorist attacks against Israel may increase greatly, and ordinary people will still be victims.


  Although the Hamas organization and Israel’s tough attitude at this stage can win the support of some Palestinians and Israelis respectively in a short period of time, with the stagnation of the peace process, large-scale conflicts are in danger of being prolonged, and ordinary Palestinians and Israelis are still the ultimate victims.

Editor: Li Erqing

Gree Electric: The company focuses on the lightweight automobile market. The CNC machine tools extend from the rod-type PACK machine to the die-casting market, cut into the die-casting integration pro

  () Financial Research Center on August 11th, some investors asked () questions. Hello, Secretary General! I saw Gree’s machine tools and other products participate in various business exhibitions this year. I wonder what the effect is? The transformation of the company from Gree Electric to Gree Electric has always been the expectation of all shareholders. Now those industrial products have been recognized by the market, and I look forward to your reply!

  The company replied, Dear investors, hello! The company focuses on the automobile lightweight market, and the CNC machine tool extends from the rod PACK machine to the die-casting market, cutting into the die-casting integration project in the automobile field, and launching a full series of products such as large gantry machining center, five-axis CNC machine tool, vertical CNC machine tool and horizontal CNC machine tool. Five-axis CNC machine tools can process complex curved materials and are widely used in new energy vehicles, general machinery and other fields. In addition, the company has successfully entered the high-end market in North America and Europe, and built high-end CNC machine tool demonstration projects in developed areas such as North America and Europe, and will continue to enhance the overseas market influence of the company’s intelligent equipment in the future. Thank you for your interest in the company.

Geely emgrand PK changan yidong PLUS, how to choose? Netizen: Choose Geely Emgrand with your eyes closed.

In the economy car market, and PLUS are both high-profile models. This paper will make a comprehensive comparison between Geely and Changan PLUS in terms of appearance design, internal configuration, power performance, safety performance and after-sales service, so as to help consumers make more informed car purchase decisions.

First, the design and internal configuration comparison

Geely Emgrand and Changan Yidong PLUS are different in appearance design. Geely Emgrand adopts a more stable and atmospheric design style, with smooth body lines and a sense of business; Changan Yidong PLUS is younger and more fashionable, with a dynamic appearance. In terms of internal configuration, Geely Emgrand pays attention to comfort and luxury, and provides a wealth of configuration options; Changan Yidong PLUS pays more attention to practicality and intelligent design, which is outstanding in space utilization and storage space.

Second, the power performance and fuel economy comparison

Power performance and fuel economy are one of the important considerations in the process of car purchase. There are also differences between Geely Emgrand and Changan Yidong PLUS in this respect. Geely Emgrand is equipped with a variety of options for consumers, and its dynamic performance is relatively ordinary; Changan Yidong PLUS is equipped with an engine that pays more attention to fuel economy and has lower fuel consumption.

Third, the safety performance comparison

Safety performance is one of the factors that can’t be ignored in the process of car purchase. Geely Emgrand and Changan Yidong PLUS have good performance in safety configuration, equipped with a number of active and passive safety systems, such as anti-lock braking system, etc. Consumers can choose according to their personal needs and safety features.

Fourth, after-sales service comparison

After-sales service is an important aspect that car owners pay attention to. Geely Emgrand and Changan Yidong PLUS have a good reputation in after-sales service, providing comprehensive warranty and maintenance services. Consumers can comprehensively consider the reputation, service quality and maintenance ability of local dealers.

To sum up, for Geely Emgrand and Changan Yidong PLUS, which one is more worth buying needs to be weighed according to personal needs. If you pay more attention to the stable and atmospheric design, comfort and luxury, Geely Emgrand is a good choice; If you pay more attention to young fashion, practicality and fuel economy, Changan Yidong PLUS is more suitable. Of course, consumers should also consider personal budget, actual car demand and after-sales service when buying a car, and make the final decision.

(The above views are for reference only, and the final car purchase decision should be weighed and judged according to the actual situation of the individual. )

Foxconn’s "escape" to the United States is an uncertain gamble

Foxconn finally ran away. US President Donald Trump)7 announced on July 26th that Foxconn plans to build a new factory in Wisconsin to fulfill its commitment to invest in the United States. Foxconn will invest $10 billion to build a new LCD factory.

It is said that this will be the largest new investment by a foreign company in the United States in history, but it is only the first of many investment plans of Foxconn in the United States, and there will be more in the future, creating 3,000 new jobs for Wisconsin and having the opportunity to explore the scale of 13,000 people. Trump is quite satisfied with Guo Taiming: "He is a great businessman anywhere in the world."

Getting Foxconn to produce in the United States is a dividend for Apple and American manufacturing. Revitalizing the manufacturing industry in the United States and hollowing out the treatment industry can also be regarded as a great achievement project during Trump’s tenure. It has a strong demonstration effect and driving effect on the return policy of American manufacturing industry. In the past 40 years, the scale of industrial employment in the United States has fallen sharply. Therefore, for many years, the slogan that the United States has been shouting is to let the manufacturing industry return.

For the United States, the purpose of manufacturing return is more about employment and the adjustment of economic structure. Therefore, the United States is striving for advanced and high-quality foreign capital and manufacturing giants to enter. The problem in the United States is that the labor cost is high, the scale of manufacturing industrial clusters is not as good as that in China, and the degree of automation is high, so the number of jobs and employment is getting less and less.

Moreover, Foxconn is the largest supplier and foundry of iPhone. Since the Obama era, the US government has continued to put pressure on Apple, hoping that Cook can move the manufacturing of Apple products back to the United States.

Foxconn’s establishment of a factory in the United States can obviously drive Apple to bring some of the production capacity of the industrial chain back to the United States. It can also help Apple to check and balance Foxconn at home. For example, in the future, Apple can increase its control by cooperating with Foxconn to build factories, investing in capital, and infiltrating forces such as technology operation and placement of Apple executives and core technicians. Even Foxconn’s factory building behavior will also play a leading role for many component manufacturers in Apple’s supply chain.

As early as last year, Apple proposed to Foxconn and Pegatron United Technologies the idea of withdrawing all Asian production lines to the United States. At that time, many suppliers did not respond, and Pegatron Technology refused this proposal. Tong Zixian, chairman of Heshuo, said earlier that many suppliers are not interested in building factories in the United States, because the supply chain of the electronics manufacturing industry is huge and complex, and it is very difficult to achieve pure American production.

But now that Foxconn has moved to the United States, many manufacturers in the Apple supplier group may start to feel anxious, which will promote the idea of those wavering manufacturers moving.

Therefore, Foxconn’s investment in the United States has brought great benefits to Apple, because in terms of innovation, if designers, engineers and workshop production employees can gather in the same eco-industrial environment instead of scattered in different countries, close business intersection can enhance their integration and understanding, which can bring greater creativity. Obviously, this is a common dividend between Apple and American manufacturing.

For Foxconn itself, going to the United States to build a factory or completing its industrial upgrading to seek the inevitable road of transformation will help break the brand label of the foundry. Moreover, exporting to domestic market can not only greatly increase Foxconn’s brand premium, but also increase the price and profit of its products.

Trump grabbed Foxconn to build a factory in the United States, but it was difficult to solve the ills of American manufacturing in a short time. On the one hand, the American manufacturing industry has long transferred its production to the third world countries, and only retained R&D and design at home, showing a trend of "de-hard assets". Since the 21st century, the competitiveness of American manufacturing industry has begun to show a downward trend. Nowadays, there are fewer and fewer skilled technical workers in the United States.

On the other hand, the manufacturing industry needs industrial chain clusters, but in the United States, the manufacturing industry has been hollowed out after moving out. Now, if you want to move back and rebuild the manufacturing industry chain clusters, you have lost the talent, technology and industrial chain foundation.

Only relying on political rights can attract the laws of global capital in a short time, but in the long run, the rise and fall of industries and the flow of talents have its long-term economic laws, and capital needs global reproduction and expansion, rather than running around political calls.

For Foxconn, the trouble to set up a factory in the United States is the lack of a large number of skilled industrial workers and supporting facilities for the production of raw materials and parts, and there is no perfect upstream supply chain industrial cluster. It takes time to hire a large number of skilled industrial workers, and the cost rises sharply.

Germany’s Le Monde said that in less than 20 years, factories in the United States disappeared by nearly a quarter. Friedman, a famous American columnist and author of "The World is Flat", once said that the United States is now a small town with 200 start-ups, each of which employs 50 people. It is difficult for the traditional "Made in America" manufacturers to come back.

Therefore, for Foxconn, the most difficult thing is to obtain a large number of skilled workers and related supporting industrial chains, although it may obtain tax incentives provided by local, state and federal governments in the next few years. Industrial agglomeration plays an increasingly important role in manufacturing industry.

On the other hand, the region has little connection with Foxconn’s suppliers and customers and industrial layout, and there is not much reserve of skilled workers, let alone industrial agglomeration, which means that Foxconn is faced with many uncertain risks and has to bear too much infrastructure construction costs.

Because OEM manufacturers like Foxconn need to rely on numerous suppliers’ industrial support to produce, Foxconn will almost start to cultivate talents and develop industrial support in this state, which will drive the development of relevant supply chains in the United States and directly or indirectly bring many employment opportunities. Therefore, in the final analysis, the benefits that Foxconn brings to this state in the United States still far outweigh the benefits that Foxconn has gained.

Therefore, although people know that a profit-oriented enterprise should be counted as an economic account, here at Foxconn, there is also the meaning of political flattery and accommodating people.

Analysts from foreign research institutions have clearly pointed out that Foxconn is trying to avoid the increasing pressure from the US government, which is a political expedient. Because from a commercial point of view, it is not so reasonable to choose to build a factory in the midwest of the United States rather than other regions.

Moreover, it is still a question whether Foxconn’s corporate culture is suitable for Americans, because today, it is difficult for Americans to return to the assembly line and work like blue-collar workers in China, Viet Nam, Southeast Asia and other countries.

Because industrial correlation, demand, environment and industrial ecological correlation are the main driving factors of investment choice. However, Foxconn has not settled this account here. After all, where the depression effect can be generated, where will the money flow? Here at Foxconn, there is obviously a sense of political flattery.

After all, Trump pressured Apple to move the iPhone back to the United States for production. Foxconn needs to hold Apple’s thigh tightly and share the pressure for it in order to win more orders from Apple in the future. In addition, in response to Trump’s new administration’s call for the manufacturing industry to return, it will make some profits, but it will also facilitate Foxconn to go further in the US market and build its brand awareness and influence in the US manufacturing field and internationally.

On the other hand, although the American manufacturing industry itself is declining, it has always been at the top in terms of technology research and development and accumulation and the right to speak in the industrial chain. To become a super giant with upstream and downstream connectivity, Foxconn needs to stand on the basis of American manufacturing and technology research and development. Complete the transformation.

Due to its own manufacturing genes, most employees of Foxconn have long been screws in the product line and rarely participated in upstream research and development. Although Foxconn faces the problem of skilled workers in the United States, it also has the opportunity to attract more cutting-edge scientific and technological talents, participate in the upstream R&D links of American manufacturing, and promote the overall innovation.

But generally speaking, in the modern economy, industrial agglomeration determines the position of manufacturing industry, and there is no integrated industrial related manufacturing cluster in the United States, so Foxconn’s establishment in the United States has mixed advantages and disadvantages, and it is still a gamble. Entering the United States does not mean that you can have global supply capacity. On the contrary, it is prematurely washed away by higher-dimensional industrial science and technology forces due to insufficient innate foundation.

At present, not only Foxconn and Softbank, but also many enterprises are on their way to the United States after the implementation of large tax cuts in the United States. Although they all have a little political contribution, it seems that the collective visit of international manufacturing companies to the United States has become a hot outlet.

For example, Samsung Electronics recently announced that it will invest 380 million US dollars to build a home appliance manufacturing factory in South Carolina. In February this year, Intel announced that it would invest $7 billion in building a semiconductor factory to produce seven-nanometer chips in the next three to four years. In May this year, some media reported that Infosys, a world-renowned software outsourcing giant, announced that it would invest in the United States and create 10,000 jobs. In March 2017, LG Home Appliances will also establish a new factory in the United States.

The collective action of global industrial capital may be based on the demand for optimal allocation of resources on the one hand, and on the other hand, it is based on showing kindness and standing in line with the Trump administration in order to obtain the new government’s policy dividend for manufacturing industry and find a new direction for industrial layout, so that the integration of manufacturing industry into the US market can enhance its international competitiveness and attract better technology and talents.

We know that manufacturing is the foundation of a country’s economy and the guarantee of people’s livelihood and employment stability. This is an important reason why the United States does not hesitate to compete for manufacturing giants with tax, cost and policy concessions on a global scale.

As early as 2016, during the two sessions of the National People’s Congress, Cao Dewang submitted a proposal, saying that the rising labor in China, transportation costs, high industrial land costs, tax burden, resource prices, etc., made the unreasonable cost factors more prominent. On the contrary, China’s neighboring countries with late-developing advantages such as demographic dividend are creating conditions to attract investment.

At present, in the United States, except that labor is higher than that in China, the costs of energy, land, logistics and finance are all lower than those in China. In particular, it is mentioned in the industry that the land price difference between China and the United States is as high as nine times, and the tariff problem in the United States, if you export after manufacturing in the United States, the product price is almost the same, and you can get a higher brand premium. So early layout in the United States is obviously a more cost-effective choice.

It is also an indisputable fact that part of China’s manufacturing investment is flowing to the United States. According to the data of the Ministry of Commerce, by 2015, the manufacturing industry has surpassed the financial industry and become the most important industry for China’s direct investment in the United States. Wang Shouwen, Vice Minister of Commerce, revealed that in 2016, the scale of foreign capital utilization in China is expected to be the same as that in 2015. Compared with the year-on-year growth rate of 6.4% in 2015, China’s attracting foreign investment slowed down significantly last year.

Moreover, the domestic manufacturing industry has always been given the impression of cheap, backward production capacity and low-end sweatshops, which has long been stigmatized. Nowadays, young people in China are increasingly reluctant to flow into the manufacturing industry. Zong Qinghou, chairman of Wahaha, also complained before: the taxes and fees in the real economy are relatively high, the profit rate is very low and it is very hard, and many people are unwilling to work in the real economy.

Many people don’t want to work in the real economy, and the environment of the real economy is not good, which also makes China local and foreign manufacturing investors in China start to weigh and wait and see those countries that release friendship and dividends.

An important reason why the high-end upgrading of domestic manufacturing industry has not been successful is that the profits of manufacturing industry have not been used to invest in high-end technology research and development to complete the transformation from low-end cheap factories to capital-intensive and technology-intensive enterprises, but have been used to participate in shares or flow into real estate and other hot industries.

In current China, it is not clear which industries can replace real estate to drive growth. On the other hand, China’s manufacturing industry is also experiencing the same path as American manufacturing. For example, we can see that many of Shenzhen’s once prosperous clothing and toy factories have moved to Vietnam and other countries with lower costs.

Now, some consumer electronics manufacturers are also moving out. Many enterprises are saying that they will use robots instead of manpower to cut costs, while some enterprises have already replaced machines on the assembly line. At this time, the United States shouted that the manufacturing industry was returning, and Foxconn moved its factory to the United States. In fact, it was a warning to China’s manufacturing industry.

We know that China’s manufacturing industry and the real economy are abnormal in the current environment. It is not that the United States naturally develops to the top and then naturally expands globally to Zhang Zhilu. Instead, when the industrial base and scientific and technological development level of manufacturing industry are still in the development stage, capital, labor and talents are accelerating away from manufacturing industry, and then flow to real estate, Internet industry, financial industry and other fields where money is fast coming, and there is a lack of real respect and attention to the real economy and manufacturing industry.

On the one hand, the United States is vigorously promoting measures to attract outstanding global manufacturing enterprises, while at home, including Samsung, Toshiba, Panasonic and Sony, they are all considering reducing their capital in China and focusing on countries with lower costs.

If the manufacturing industry is marching towards the era of Industry 4.0, but the soil, cost, atmosphere and technical level of China’s manufacturing industry are still not enough to support the development and cost-effective advantages of high-end manufacturing industry, then in the future, more and more outstanding manufacturing entities will run to countries with more dividends. Of course, many international high-end manufacturing entities will not completely abandon China’s manufacturing industry at present, but more and more will tend to focus on both hands and put their eggs in multiple baskets.

Today, with the gradual loss of demographic dividend, the competitive advantage of domestic manufacturing industry and its attraction to foreign investment cannot still rely on lower-cost labor resources. Therefore, what the current manufacturing industry leaves us is not only reflection, but also crisis.

 

Fine Land Rover Range Rover

  Land Rover from Britain has always occupied a place in the recreational vehicle market in Europe. However, as the "Rolls-Royce in SUV", there is no doubt that Land Rover pays attention to its interior design. This time, the top models of Land Rover Range Rover will come to report with greater motivation, which is the protagonist of this article, Range Rover Supercharged.

  路虎揽胜

  Regardless of whether the Land Rover Range Rover in the past was off-road oriented or the later Land Rover Range Rover was luxury oriented, after retaining two fine traditions, since it is called "Land Rover Range Rover Supercharged", this time it must be an SUV with the ultimate performance orientation.

路虎揽胜

  The Land Rover Range Rover Supercharged is a 4.2-liter supercharged V8 engine developed by Jaguar Car Factory, which can output 390 horsepower and the maximum torque of 550Nm. Driven by the brand-new ZF six-speed automatic transmission, the Range Rover Supercharged can accelerate from 0 to 100 km/h in about 6 seconds, and the top speed is 225 km/h. Of course, the conversion function of this ZF gearbox can also let the owner experience the shifting pleasure of the handcrafted car. In addition, when encountering the terrain that must be heavily off-road, the automatic slow driving mode can also make the Range Rover Supercharged get out safely.

路虎揽胜

 路虎揽胜

Land Rover Range Rover waded through mountains and rivers.

  Since we talked about getting out safely, of course, we have to talk about the maneuverability of Range Rover Supercharged. The car body structure design of Range Rover Supercharged is taken from Discovery 3/LR3, another car model owned by Land Rover. Although the wheelbase has been reduced by as much as six inches, the front and rear independent double wishbone suspension with pneumatic suspension has really improved the car body shaking. In addition, through the dynamic feedback system, the car owner can really grasp the road conditions. Therefore, Range Rover Supercharged can not only conquer difficult off-road terrain, but also become a beast that devours the road. However, in order to find out the best setting, the Land Rover team also put Range Rover Supercharged on the famous Nürburgring track for testing. After completing this work, Land Rover also put Range Rover Supercharged on 20-inch shoes, which were equipped with Brembo front brakes with four-point calipers to ensure the braking performance of Range Rover Supercharged.

 路虎揽胜

  As for the interior part, Land Rover certainly didn’t ignore the compliment of "Rolls-Royce in SUV". In order to present the luxurious car room of Range Rover, Land Rover uses a large number of high-grade leather, wooden decorative plates and aluminum alloy as the main materials for interior decoration. The moderate support and softness of the seat bring great comfort to passengers. The button configuration on the center console is also quite neat, and the multi-function steering wheel allows the owner. In addition, the fixed-speed navigation system reduces the burden of long-distance driving, and the use of xenon headlights keeps Range Rover Supercharged in blazing with anger.

路虎揽胜 

RANGE ROVER

Extreme Yue 07 debut! CEO: the most beautiful 7-series sedan

On August 2 nd, the second model of Jiyue Automobile was officially unveiled. According to previous reports, the ultra-Yue 07 positioning pure electric medium-sized car is the first car of ultra-Yue Automobile, and it is planned to be listed in the second half of the year. Previously, it has been listed, and the car is positioned as a medium and large SUV with a guide price range of 219,900-309,900 yuan.

In terms of appearance, the Extreme Yue 07 adopts a family-style design style, the front face adopts a closed air intake grille, and the light groups on both sides are connected by U-shaped daytime running lights. The front face of the whole vehicle also has good recognition, and the newly unveiled green appearance color scheme looks very sporty. In addition, the dual lidar is located inside the light groups on both sides of the front bumper. The official said that the new car is equipped with intelligent AI pixel headlights and voice functions inside and outside the car, and it is also equipped with pure visual high-order intelligent driving technology. Extreme Yue 07 designs blue-green high-performance indicator lights in the front, back, left and right directions of the vehicle, which can show the breathing effect when the vehicle is charging and display the charging state of the vehicle externally.

On the side of the car body, the Extreme Yue 07 adopts a sliding back coupe design, and the waistline is straight and sharp and extends to the taillights on both sides. The hatchback coupe body with strong sense of movement creates a feeling of being ready to go. It is worth noting that the rim with low wind resistance is equipped with a small-sized exterior rearview mirror and a hidden door handle, all of which are making efforts to optimize wind resistance. The vehicle has hidden sensors and wipers such as the camera and ultrasonic radar outside the vehicle, and the equipped intelligent induction electric door is designed without a door handle. The door can be opened/closed not only by intelligent induction, voice inside/outside the vehicle, Bluetooth and physical buttons outside the vehicle, but also by stepping on the brake pedal.

In the rear part, the slender through taillights make the rear of the new car have a good sense of science and technology, and the taillights are Y-shaped on both sides to echo the headlight group, and the overall recognition is also relatively high. The tail is equipped with a lifting tail, and the automatic lifting tail will automatically rise when the vehicle speed is above 95 km/h, helping the vehicle to enhance the downforce. The automatic lifting tail will automatically lift when the vehicle is unlocked and retract when the vehicle is locked, and it can also be controlled manually.

In terms of size, the length, width and height of the polar cross 07 are 4963/1989/1475mm and the wheelbase is 3013mm, respectively. In contrast, the length, width and height of Krypton 007 of the same class are 4865/1900/1450mm, and the wheelbase is 2928 mm. The overall size of Krypton 007 is larger.

As for the interior, the Extreme Yue 07 adopts the family-style design style and is equipped with a 35.6-inch 6K penetrating large screen, in which all the entertainment functions such as dashboard, central control and co-pilot are integrated in the screen, which can be displayed in dual-screen, triple-screen and full-screen. At the same time, the Extreme Yue 07 is also equipped with a U-shaped half-width steering wheel, so the physical keys are simplified to the greatest extent, and the traditional left and right levers are cancelled, which is consistent with the new model. The sub-instrument panel of Extreme Yue 07 is connected. There are two wireless charging panels for mobile phones in the front row, which support active ventilation and heat dissipation. There is a shift button below, and a cup holder with a cover plate and storage space are also provided. In addition, the two sides of the Extreme Yue 07 center console are also equipped with a lifting sound system, a panoramic canopy, a control screen in the back row, an air conditioning outlet, and a central armrest.

As for the power, refer to the application information. The Extreme Yue 07 is built on the vast structure of Geely SEA, equipped with motors provided by Weirui Electric Vehicle Technology (Ningbo) Co., Ltd., with dual motors for high-end models and single motors for standard models, with a peak power of 200 kW. In terms of batteries, the Extreme Yue 07 is equipped with 71.4 kWh and 100 kWh battery packs, of which the 71.4 kWh battery model has a pure electric cruising range of 660 kilometers, and the 100 kWh battery model has a pure electric cruising range of 770 kilometers (four-wheel drive) and 880 kilometers (rear drive).

Jiyue Automobile, formerly known as Jidu Automobile, was jointly established by Baidu and Geely. In January 2021, Baidu announced that it would build a car, saying that it would formally set up a smart car company to enter the automobile industry as a vehicle manufacturer, and Geely was the strategic partner of the new company. Two months later, Jidu Automobile, initiated by Baidu and strategically invested by Geely, was officially born. With the help of Geely, the speed of Jidu automobile is extremely fast. In June 2022, Jidu ROBO-01 concept car came out.

Regarding the sales target of Jidu Automobile, Xia Yiping, CEO of Jidu Automobile, once said: "My goal is to sell 10,000 units every month. There is really no need to worry about building a car now, but it doesn’t mean that you can sell it if you build it. " In addition, Xia Yiping also revealed that "in 2028, Jiji will have the ability to deliver 800,000 car robots throughout the year". However, the reality is very skinny. Due to the lack of production qualification, Jidu Automobile cannot directly entrust Geely to produce it. In the end, Baidu and Geely officially announced the brand of "Extreme Yue Automobile" in August 2023, and the first model was named "Extreme Yue 01". At this time, Baidu had to hand over the leading power and choose to participate in the car building as a technical solution provider to ensure that the ultra-Yue car can be mass-produced smoothly, and the ultra-Yue car has officially become a sub-brand of Geely. In October 2023, Extreme Yue 01 was officially listed at a price of 249,900-339,900 yuan. In November, 2023, the official price of Chaoyue 01 was reduced by 30,000 yuan, and the price range after the price reduction was 219,900-309,900 yuan.

Although it is backed by Geely and Baidu, the sales of Extreme Yue cars are very poor. In the first half of the year, the sales volume of Extreme Yue cars was only 2,700, and the monthly sales volume was less than 500. The sales volume was so bad that it could not be described as "depressed".

Extreme Yue 07 is the first car owned by Extreme Yue Automobile and the second model owned by Extreme Yue Automobile. It was officially named in December 2023, and it was also declared in the Ministry of Industry and Information Technology, but it has not yet been listed. As a pure electric medium-sized car, the competitors of Extreme Yue 07 will aim at Tesla Model 3, Extreme Krypton 007, Extreme Krypton 007, Extreme Yue 007, Extreme Yue 07, and Lingke Z01. In the first half of the year, the best-selling pure electric medium-sized car was Tesla Model 3, with 70,500 cars, Xiaomi SU7 with 30,000 cars, and Extreme Krypton 007 with 27,200 cars. Referring to the market positioning and competing products, it is estimated that the market price of Extreme Yue 07 should be in the early 200,000 yuan.

European headlines: US and Europe strengthen military aid to Ukraine? Calculate the accounts and listen to the voices of the people!

September 21st is the United Nations International Day of Peace. On September 19th, just two days before the International Peace Day, the "Contact Group on Ukraine" led by the United States held another meeting at the American military base in Ramstein, Germany. This is the 15th meeting of the group since its establishment one year ago, and the focus of discussion is still on strengthening military assistance to Ukraine. The United States says it will train Ukrainian pilots to fly F-16 fighters at home. Germany announced that it would add 400 million euros worth of military support to Ukraine to purchase ammunition, generators and other equipment. The Czech Republic, Denmark, the Netherlands and other countries have also indicated that they will further provide weapons to Ukraine.

In the face of western governments’ increasing military aid, European folks have made a completely different voice. During the week from September 18 to 24, 17 anti-war organizations in Germany joined forces to hold "Peace Week" activities in various parts of Germany to protest against the Western supply of weapons to Ukraine to ignite the Russian-Ukrainian conflict and demand an immediate ceasefire.

German people WolfgangWe are here (Berlin) demanding an immediate ceasefire. As pacifists, we oppose NATO and military means. Military means is not the solution to the conflict between Russia and Ukraine. The Russian-Ukrainian conflict can only be resolved through diplomatic means.

The west may not be able to support Ukrainian ammunition demand.

Since the conflict between Russia and Ukraine. The United States and western countries have constantly promised that "as long as necessary, military aid to Ukraine will stick to the end." But can the United States and the West really do it?

The British "Economist" recently wrote that although these promises sound "like iron", it depends on two uncertain variables: first, whether the West has the ability to provide enough weapons and ammunition for the Ukrainian army, and second, whether the current political will can be sustained.

For the first point, the argument used by western media is that the total gross national product of NATO member countries is 12 times that of Russia, and its economic and military strength is far above that of Russia. But I’m afraid the fact is not as simple as the western imagination.

Estonian Defense Ministry official Cousty Salm pointed out that even in Estonia, where the production cost is relatively low, the cost of manufacturing each new shell is about 5,000 to 6,000 US dollars; The cost in Russia is only 60,000 rubles, or about 620 dollars. This wide cost gap makes the economic advantages of western countries disappear. At the recent annual meeting of NATO Chief of Staff, Admiral Rob Bauer, Chairman of NATO Military Committee, admitted that Ukraine’s long-term demand for weapons and ammunition exceeded NATO’s capacity, and the rising price of weapons and ammunition also increased the procurement cost.

Rob Bauer, Chairman of NATO Military CommitteeThe defense ministers expressed concern about the backward production capacity of the whole alliance. The delivery time of weapons is constantly delayed, and the prices of equipment and ammunition are rising. Now the exact same equipment is more and more expensive. Ukraine needs a huge amount of weapons and ammunition. This has been the case in previous wars, which is not new in itself. But the scale and usage of Ukraine exceed our production capacity.

In addition, the military equipment delivered by the West seems to be very problematic. Not long ago, Ukraine rejected 10 "Leopard" tanks delivered by Germany with great disgust, on the grounds that their "technical state is not ideal". Military experts said that the "Leopard -1" main battle tank was the technical level in the 1960s. The "Leopard -1A5" provided by Germany to Uzbekistan has been in service for a long time, and after a long period of storage, the stability of its technical state has been greatly reduced. In the eyes of outsiders, western military aid to Ukraine is more like taking the opportunity to consume its old weapons inventory.

The Russian-Ukrainian conflict spilled over, and the people opposed the continued aid to weapons.

On September 22nd, a research report released by the Swiss National Bank showed that the Russian-Ukrainian conflict slowed down the economic growth of the European Union and "substantially" pushed up the inflation of the whole Europe. In the medium and long term, the negative impact of this conflict on the real economy may be even greater. "In one to two years, this impact may increase by about two times." Among them, Germany is the most affected.

As the largest economy in Europe, Germany has gone into recession because of the energy crisis caused by sanctions against Russia with the United States and the protectionist policy of its allies making huge war money. The economic forecast report released by the European Union this month shows that Germany’s economy will shrink by 0.4% this year, making it the only country with negative economic growth among the big EU countries. Hong Ke, a member of the German Bundestag, said that Germany’s traditional economic development model has been destroyed.

German left-wing MP HongkeThis is mainly because of economic sanctions, sanctions on energy, natural gas and oil, and Germany needs a lot of energy. Germany’s economic model is a combination of cheap energy, highly skilled workers and exports. Now Germany has blocked the cheap natural gas and oil from Russia, which need to be bought at a very expensive price in the world market, such as shale gas from the United States. This has a very serious impact on the German economy.

On the other hand, the protracted conflict has made people more and more disgusted. Gunnar Lin Deman, a member of the Berlin Regional Council, said that the German people paid three times the price for this war. At the same time, the German people are increasingly worried that the war may spread to themselves. From the initial field hospitals, to the "Leopard" tanks, and then to the Patriot missile system, the weapons provided by Germany to Ukraine have gradually escalated, causing public concern.

According to a recent survey, more than half of the German people are opposed to providing "Taurus" cruise missiles to Ukraine. German parliamentarian Hongke said that with the escalation of the war, the people’s attitude towards assisting Ukraine with weapons has changed.

German left-wing MP HongkeI am totally opposed to providing any weapons, especially more and more advanced weapons. Taurus is a cruise missile with a range of 500 kilometers. Now this topic has caused a heated discussion among the German public, and most Germans are obviously opposed. People’s attitude towards the delivery of weapons has changed, which was not the case before. Now people find that as long as more weapons are delivered, the conflict between Russia and Ukraine will be endless.

If there is any change in the United States, the European Union will be afraid of being alone

In addition to Germany, more and more countries find that the longer the conflict between Russia and Ukraine, the more difficult it is to protect their own interests. Poland, Ukraine’s "staunchest" ally, has loosened its position. The Polish Prime Minister said on the 20th that Poland will no longer provide weapons to Ukraine, but instead focus on increasing its own weapons inventory. The reason for all this is that the European Union has lifted the ban on the sale of Ukrainian agricultural products, and Ukrainian food has flooded into the EU, with neighboring Poland bearing the brunt.

However, the biggest variable is still in the United States. Next year is an election year in the United States, and aid to Ukraine is rapidly becoming a focus issue. The Republican Party of the United States has gradually begun to question the necessity of aid to Ukraine, and some Democrats believe that European allies should be "more active."

The British "Economist" reported that if the United States terminates its support for Ukraine, it will be difficult for Europe to raise enough cash and weapons to arm Ukraine alone.

Producer: Jiang Qiuyong

Editor Liang Mao

Reporter Yu Peng

Dress up the new 1.6L power Nissan Sylphy new model exposure

    [XCAR Information Original]

    Recently, some media have exposed a set of spy photos of the new Nissan Sylphy. There is almost no change in the design of this model. The biggest difference is that a new logo has appeared at the tail. This logo probably means that the new Sylphy will be equipped with a 1.6L engine from Tiida, and the model name will be changed.(Spy photos in the text Source: car home)

New sylphy
[New Sylphy spy photos]

    The Sylphy model in the picture adopts the "PURE DRIVE" logo, which appears on the body of the new generation of Trent and New Sunshine. Adopting this logo means that the new Sylphy will adopt the new PURE DRIVE series engines. speculateThe new Sylphy is likely to be replaced with a 1.6-liter engine from Xinda.

New sylphy
[The "PURE DRIVE" logo appears at the tail of the new Sylphy]

New sylphy
[The "PURE DRIVE" logo appeared on Nita]

    The new Tiida 1.6L engine is more excellent in power output and fuel economy, with the maximum power and torque output of 126 HP /154Nm, while the current Sylphy 1.6L engine is only 117 HP /153Nm. 

    In addition, as part of the PURE DRIVE powertrain, the new SylphyAfter replacing the new 1.6L engine, it is likely that a new generation CVT transmission will be adopted at the same time.

New sylphy
"CLASSIC" logo on the new Sylphy "

New sylphy
"Cash Xuanyi logo"

    In addition to the power upgrade, the logos of "SYLPHY" and "CLASSIC" appeared at the tail of the test car. It is speculated that the new generation of Sylphy will be launched next year.The current Sylphy is likely to be named "Sylphy Classic" and sold on the same stage as the replacement model.

    Editor’s comment:Sales of new and old cars under the same roof have appeared more and more in Japanese cars. At present, most of the main Japanese cars have been introduced into China. To expand the product line, there must be more "extreme measure", such as sales of new and old cars under the same roof, or tailor-made products for the China market. Obviously, the former has lower cost and higher success rate. After the replacement of Sylphy is listed, the price of "Classic Sylphy" is expected to be lowered, and the 2.0L model will be cancelled, focusing on cost performance, and its competitiveness is still not to be underestimated.

    More related articles:

    Add 1.8L power to replace Sylphy made in China in 2012.
    
http://info.xcar.com.cn/201112/news_366645_1.html

Domestic biodiesel demand is expected to increase

Guosen Securities recently released a review of biodiesel industry, and analyzed that the domestic demand for biodiesel is expected to increase after the pilot application of biodiesel. The following is a summary of the research report: On April 2, 2024, the Comprehensive Department of the National Energy Administration publicized the pilot application of biodiesel in China.

Guosen Securities recently released a review of biodiesel industry, and analyzed that the domestic demand for biodiesel is expected to increase after the pilot application of biodiesel.


The following is a summary of the research report:


On April 2, 2024, the Comprehensive Department of National Energy Administration publicized the pilot project of domestic biodiesel promotion and application.


Guoxin Chemical’s viewpoint:


1) Promoting the application of biodiesel in China is helpful for recycling waste and accelerating the green and low-carbon energy transformation. Biodiesel is a kind of renewable energy produced from waste oil and other biomass, and it is an internationally recognized green and clean fuel. In September 2023, the National Energy Administration organized an on-site meeting on the pilot project of biodiesel promotion and application in Shanghai; In November 2023, the National Energy Administration issued the Notice of the National Energy Administration on Organizing the Pilot Demonstration of Biodiesel Popularization and Application, and organized the pilot application and review of biodiesel popularization and application; In April, 2024, the National Energy Administration announced 22 pilot projects for the popularization and application of biodiesel, including 19 cities/districts, as well as China Ship Fuel Co., Ltd., China Petrochemical Fuel Oil Sales Co., Ltd. and Shandong Expressway Group.


2) The content of the pilot demonstration is diverse, which accumulates experience for continuing to expand the popularization and application of biodiesel in China. Biodiesel pilot demonstration includes vehicle biodiesel, marine biodiesel and others. The pilot demonstration of vehicle biodiesel includes regional popularization and application, industry popularization and application, enterprise popularization and application, and expressway popularization and application; The pilot demonstration of marine biodiesel includes the promotion and application of bonded areas and free trade zones, and the promotion and application of rivers and lakes. Governments and enterprises at all levels have further expanded the application scenarios of biodiesel in China by carrying out pilot demonstrations on the promotion and application of various types of biodiesel, and accumulated experience for continuing to expand the promotion and application of green liquid fuels such as biodiesel.


3) In 2023, the EU initiated the review of biodiesel for many times. In 2023, domestic biodiesel production declined and exports were under pressure. In April 2023, ISCC initiated the review of biodiesel certification enterprises in China; In August, 2023, the European Commission launched an anti-circumvention investigation on biodiesel originating in Indonesia and exported to Europe via China and Britain. On December 20th, 2023, the European Commission initiated an anti-dumping investigation on biodiesel products originating in China, and it is expected that a preliminary ruling will be made 7-8 months after the case is filed. According to Zhuo Chuang Information, the domestic biodiesel production in 2023 was 857,000 tons, down 33.5% year-on-year; Exports were 1.95 million tons, up 8.7% year-on-year, of which 1.867 million tons were exported to European countries, accounting for 95.7%, but 775,000 tons were exported in the second half of the year, down 34.0% from the first half.


4) Domestic pilot application will help boost domestic demand for biodiesel, so we need to pay attention to the specific implementation of the government and enterprises in the future. From the government’s point of view, it is an effective way to help realize the goal of "double carbon" to carry out pilot demonstration of biodiesel popularization and application; From the enterprise’s point of view, it is imperative to actively expand the domestic demand for biodiesel in the current situation of weak export demand and price to the EU. From the price point of view, the current domestic biodiesel price is 6800-7000 yuan/ton, while the current market price of 0# diesel is 7700-7800 yuan/ton (including tax), so biodiesel is more cost-effective in the short term. However, according to the promotion and application of B5 biodiesel in Shanghai, in the fourth quarter of 2023, the Shanghai Development and Reform Commission arranged a subsidy fund of 41.86 million yuan for biodiesel production from kitchen waste oil. We expect that the subsidy amount per ton of biodiesel will be around 1000 yuan. Although the prices of biodiesel and diesel oil are upside down at present, the prices of refined oil are relatively high, and the profitability of biodiesel is limited. Therefore, it is still necessary to pay attention to the specific implementation of biodiesel promotion by the government and enterprises in the future.


5) Investment suggestion: It is suggested to pay attention to Zhuoyue Xinneng, the leader of domestic biodiesel industry. At present, the company’s biodiesel production capacity is 500,000 tons, and the bio-based materials production capacity is 90,000 tons.


Risk warning: the risk of a sharp drop in the price of biodiesel, the risk that the demand for biodiesel in the EU is less than expected, and the risk of changes in biodiesel policies in the EU and China. (Guosen Securities Yang Lin, Xue Cong)


[Editor: Xiao Jie]