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吉利汽车2026年半年报里，最值得看的其实不是1736亿元营收，而是一组很不寻常的“剪刀差”：销量同比只增长1%，收入增长15%，核心归母净利润却增长46%。
更有意思的是资本市场的反应。
今天（8月17日）业绩公布后，吉利汽车午后明显走强。截至15时13分，股价报18.71港元，上涨4.99%，盘中最高触及18.93港元，相比17.82港元的前收盘价，最高涨幅超过6%。
当然，今天的上涨不能全部算在半年报头上。市场还流传一条未经官方确认的消息，即吉利方面正在初步考虑将星驱科技注入上市平台吉利汽车。
两件事，“恰好”撞在一起。
一边是利润表开始体现“一个吉利”的效率，另一边是资本市场开始接受更多优质资产将会向0175.HK集中的预测。
市场开始考虑要重新给吉利算一笔账。
一、销量只涨1%，为什么核心利润却涨了46%？
先来看最核心的数据——上半年，吉利汽车总销量超过142万辆，总收入1736亿元，同比增长15%；核心归母净利润96.8亿元，同比增长46%；毛利率进一步提高到17.9%。官方披露，单车核心归母净利润同比增长45%，达到6806元。
细察这组数字：很明确，利润增长已经明显甩开了销量增长。
过去判断一家自主车企成长，逻辑很简单：今年卖200万辆，明年卖250万辆，规模做大就是增长。
但当一家汽车企业就像吉利汽车已经来到300万辆规模，再继续靠“多卖几十万辆”获得增长，边际意义会越来越低。
资本市场真正关心的会凸显成三个问题：
它们的一辆车卖多少钱？一辆车赚多少钱？多卖一辆车还能不能继续增加利润？
很明显，吉利今年上半年答题就已向这三个问题靠拢——平均单车收入已经提高至11.2万元，同比增长16%；毛利率提高到17.9%。
经营结构也随之换型：销量+1% → 收入+15% → 核心利润+46%。
二、投行真正盯的，已不是“还能多卖多少辆”
其实，在吉利半年报公布前，机构已经提前在交易这种变化。
7月份，摩根大通、摩根士丹利、花旗、美银证券、招银国际等机构对吉利给出的判断虽然目标价不同，但关注点高度一致：平均售价、海外销量、毛利率和单车盈利。
摩根士丹利此前预计，吉利第二季度平均售价继续环比改善，并特别测算海外业务毛利率可能比国内高出约5至7个百分点；摩根大通将吉利列为其下半年中国汽车股首选之一，核心理由同样包括出口和产品结构改善；美银则把一季度平均售价和毛利率提升作为上调盈利预测的重要依据。
换句话说，机构不是突然被“96.8亿元”这个数字给打动了。
他们从来关心的是：吉利的盈利改善到底来自一次性的财务因素，还是经营结构已经发生变化？
通过半年报，他们理应看出了一些端倪。
第一，高端化。
极氪上半年销量约17.8万辆，只占吉利总销量12.5%，但贡献的收入已经占集团总收入31.7%，平均客单价约35万元。
这组比例非常关键。它说明高端品牌对于吉利汽车的意义，已不是“撑一个品牌形象天花板”，而是真的开始改变整个上市公司的收入结构。
第二，是出海。
上半年吉利海外销量超47.4万辆，同比增长158%，甚至已经超过2025年全年的出口规模；6、7月份海外销量连续突破10万辆。吉利因此将2026年海外销量目标从64万辆直接调升至92万辆，并提出冲击100万辆大关。
基于海外市场车型毛利率不仅普遍高于国内，并且，吉利眼下这条“第二曲线”并不是简单把国内卖不掉的车送出去处理，而是车型颇具竞争力，持续在改善整个公司的盈利结构。
三、“一个吉利”终于不能只当成一句战略口号来看
这也是半年报里另一个特别值得注意的变化。
上半年，吉利行政费用率同比下降0.2个百分点至1.7%，研发投入比下降0.3个百分点至5.2%；与此同时，研发投入仍然同比增长8%，达到90.6亿元。
这组数字意味着什么呢？
不是少花钱了，而是钱花得更有效率了。
过去吉利最大的优势是品牌多、技术线丰富，但它曾经潜藏的问题同样明显。
吉利、银河、领克、极氪，如果每个品牌都有一套自己的研发、采购、供应链、智能化、三电体系，那么随着企业规模扩张，重复投入也会迅速放大。
所以李书福强调“一个吉利”，真正要解决的从来不是Logo怎么在货架上排列，而是：
能不能用一套技术底座，服务更多产品；一套供应链，摊薄更多成本；一套全球体系，承接更多品牌。
6月份李书福已经明确提出，要关停并转部分冗余主体，集中优势资源做强吉利汽车0175.HK这一核心上市平台。
不过，抛开今天市场传出的“星驱科技可能注入上市公司”消息；其实，资本市场还存有一个更大的问题：
“一个吉利”的下一步，会不会不仅是业务协同，还包括资产价值进一步向0175.HK汇集？
四、关于“核心利润增长46%”
还有一个问题，吉利上半年按照香港财务报告准则计算的归母净利润约90.91亿元，同比实际上下降约1.8%；96.8亿元指的是剔除汇兑等扰动因素后的核心归母净利润。
但是，这两个数字并不冲突。
对比去年同期存在较大的汇兑收益，而今年出现汇兑损失，因此直接比较报表净利润，很容易掩盖主营业务盈利改善。
所以，比较准确的表述是：在汇率等非经营因素明显逆风的情况下，吉利汽车主营业务的核心盈利能力同比提升了46%。
五、资金储备达到695.6亿元
除了核心利润数字，还有一个数字值得关注：截至今年6月底，吉利汽车资金储备达到695.6亿元，处于历史高位。
与此同时，今年上半年累计执行股票回购18.85亿港元，并于7月30日完成每股0.5港元派息，同比提高51.5%，派息总额达到53.9亿港元。官方数据显示，公司已经连续五年保持核心利润派息率超过30%。
白话说，从资本市场角度看，一家成熟上市公司，最终必须回答三个问题：能不能挣钱？能不能产生现金？挣到的钱愿不愿意和股东分享？
从半年报来看，吉利的答题也凸显了这家公司跨入新的阶段——
而这恰恰是吉利汽车从“成长股叙事”进入“价值股叙事”必须经历的一关。
六、“一个吉利”的大考，一直在路上
当然，现在就说“吉利估值重构完成”，稍早。
下半年还有一道大考题——吉利2026年全年销量目标为345万辆，而截至7月底累计销量约167.3万辆，意味着剩下5个月还需要完成大约177.7万辆，月均超过35万辆。
这也意味着，吉利下一阶段真正困难的地方是：既要重新加速销量，又不能重新掉进以价换量。
既要冲345万辆，又要守住17%以上的毛利率；既要让银河、中国星继续做规模，又要靠极氪和海外市场继续提高价值；既要一年投入近百亿元级研发资金，又要继续提升组织效率。
“一个吉利”的大考，一直在路上。
In the past, carmakers took three years to refine one sword, but now carmaking speeds are getting faster, some even make three swords in a year, "instant cars" are prevalent, consumers become victim guinea pigs.
Chery, which adheres to the long-termism carmaking philosophy, spent three years to refine one sword, now building a "slow" car - Fengyun T7.
First, slow in R&D. Fengyun T7 underwent 3 years of long-cycle R&D, honed based on Chery's 1+7+N global R&D system, truly slow work yields fine products.
Second, slow in design. Fengyun T7 was designed collaboratively by more than 100 global designers, and gathered 1000+ users worldwide for deep co-creation, striving to find the greatest common divisor of consumer aesthetics and needs.
Third, slow in standards. Designed according to the strictest 2026 E-NCAP standards, completing safety testing in four dimensions: safe driving, collision avoidance, collision protection, and post-collision safety, full set of evaluations and safety compliance verification.
Fourth, slow in verification. During the R&D process, it underwent global high-temperature, high-cold, high-altitude, high-humidity, high-salt-alkali, etc., multiple extreme environment tests. Globally cumulative investment of 963 test vehicles, durability test vehicles cumulative 1.45 million km verification, covering multiple countries and regions in Asia, Europe, Africa, and the Americas, severe tests in multiple climates and road conditions, fully verifying product reliability and environmental adaptability.
It is worth mentioning that Fengyun T7 is not only the first new car after Chery's cumulative 20 million vehicles, but also a full-fledged global model.
Its homologous model Lepas L6 was previously pre-sold and launched in South Africa, Thailand launched in July, August in Indonesia, September in EU, October in Australia, New Zealand, UK, Israel, etc., continuously promoting the listing rhythm.
On August 12, the global quality pure electric SUV Fengyun T7 officially started pre-sale in China.
This pre-sale launch conference took "Slow Work Builds Good Cars, Sorry For The Wait" as the theme, conveying Fengyun T7's adherence to long-termism carmaking philosophy, using global standards to polish products, and solidly building quality global cars, and expressing sincere gratitude from the brand for users' long-term expectations.
The new car launched 3 versions, the pre-sale guidance price is 109,900 to 129,900 yuan, and enjoy 7 layers of car purchase benefits.
Currently, the global automotive industry has entered "China Time", Chinese new energy intelligent manufacturing continues to lead the overseas market. Relying on Chery's 23 years of global technical accumulation, Fengyun T7 walked the reverse overseas test path, refusing the industry's instant carmaking approach, polishing the whole vehicle strength with full-link global strict standards.
Around the six core new essential needs of quality life, integrating appearance essential, safety essential, travel essential, intelligence essential, comfort essential, peace of mind essential, building a global quality pure electric SUV, adapting to commute, long-distance, outdoor, multi-person travel and other diverse scenarios.
Appearance Essential | Global Aesthetics Fusion Eastern Elegance, Long-lasting Texture OnlineBased on Chery's 10 global design centers, 5000+ overseas users co-created throughout, the homologous model Lepas L6 gained international recognition at the Milan Design Week, Fengyun T7 integrates global aesthetics, appearance persists online.
Aerodynamic front grille, Wind-Placed Satin Body, Skyline Sunset Tailgate, balancing international simple aesthetics with Eastern elegant atmosphere. Whole vehicle paint surface standards synchronously with overseas strict weather-resistant requirements, providing Fiery Orange, Mountain Smoke Purple, Cloud Pink Beige, Flowing Silver, Green Bamboo Grey, Ink Stone Black 6 color options.
Interior divided into Warm Black & Brown, Polar Night Obsidian two styles, Cloud Wing Cocoon Cockpit with large area soft wrapping, Pebble Floating Speakers, Diamond Quilting details exquisite; all interior leather, sealing strips, plastic parts not easy to harden or fade, long-term use still new and nice, balancing appearance and texture.
Fengyun T7 benchmarking 2026 version E-NCAP 5-star safety standard design, functional safety ASILD highest level. 2 years planning, 3 years R&D, invested 81 exclusive durability cars synchronously on road tests, whole vehicle cumulative test mileage over 6 million km, durability special test 1.45 million km, simultaneously for Southeast Asia rainy season, Middle East high-temperature sun exposure, Indonesia high-humidity and other multiple global regions extreme vehicle trials.
Body uses 80% high-strength steel, 18.84% hot-formed steel to build nine horizontal five vertical cage body, using shotgun structure, dual-frame sub-frame + Pack crash beam, steel bones iron bones guaranteeing cabin safety, front 9 + side 6 collision force transmission paths maximizing dispersion of collision energy, retaining cabin survival space; in addition, equipped with 9 airbags, including 48L dual-cavity remote airbags and rear side airbags, 360° full-orientation protecting occupant safety.
Fengyun T7 series equipped with Rhinoceros Battery, super strong 6D protection building battery safety fortress fully resisting squeezing, piercing, impact, constructing multi-layer stereoscopic safety barrier for power batteries. Facing summer rainstorms frequently occurring, Rhinoceros Battery IP68 waterproof is 96 times national standard, fearlessly rainy season flooding, road water accumulation, outdoor wading, effectively preventing battery water ingress short circuit hazards.
Travel Essential | Series 600km Range Equality, Adapting to Global Diverse Climate ConditionsBased on global multi-region energy and climate needs, Fengyun T7 achieves range configuration series equality, standard equip for series large capacity Rhinoceros Battery 65.05kWh, CLTC 600km range, actual test range 667+km, "reverse false labeling" solving anxiety. Battery 30% charge to 80% only needs 20 minutes, one coffee time can set off again.
Fengyun T7 equipped with whole-domain integrated thermal management dual-source wide heat pump air conditioning + high-voltage PTC, Northern users winter can also drive safely. -30°C-55°C super wide temperature range stable operation, low temperature environment heating more power saving, high temperature environment heat dissipation more efficient. Matching series standard AGS intelligent grille shutter and 14 item low wind resistance optimization, high and low speed energy consumption more stable.
Intelligence Essential | Cockpit-Drive Integrated 8775 Chip Half Understands You Half Protects YouNew energy era, no intelligence no quality. Fengyun T7 equipped with cockpit-drive integrated 8775 chip, achieving cockpit-drive dual optimality, two major domains seamless collaboration, half understands you, half protects you. The chip possesses 4nm process, 72TOPS high computing power, response only needs 80ms, startup speed up 33%, startup speed faster, screen operation more silky, intelligent interaction response more swift.
Intelligent cockpit aspect, 15.6 inch 2.5K HD large screen picture delicate real, anti-glare, anti-reflection, anti-fingerprint, CarPlay, HUAWEI HiCar, CarLink wireless connection, covering market 99%+ mobile phone screen casting, on board can achieve seamless interconnection.
Lingxi Smart Cockpit 2.0 brings all-around companion partner, owning Xiao Qi Classmate, Northeast Auntie, Debate Master, Speaking Teacher, Story King, Professional Debater six real-person sense companion experiences. Built-in Rest, Camping, Pet, Wake Up etc. six scene modes, letting the car truly become the mobile space understanding you.
Fengyun T7 equipped with Falcon 500 Driving Assistance System, integrating 3 millimeter-wave radars, 7 high-performance cameras, 12 ultrasonic radars, total 22 high-precision sensors (3R7V12U), seeing far, seeing clear, measuring accurate.
Can 300+ full-scenario automatic parking, industry covering most complete. Dead-end parking, one-click track reverse, multi-floor parking etc. can be achieved, from now on say goodbye to "parking difficult", achieving parking freedom.
Comfort & Enjoyment Essential | Super Large Cockpit Space Master-level Chassis Tuning Stable TravelWhole vehicle size 4570×1852×1694mm, wheelbase 2700mm, interior efficiency rate 84%, rear pure flat floor, same class leading 911mm leg space, rear row folded expand 1955mm pure flat large bed, conventional trunk 450L, expand to 1550L, sufficient loading space adapting to outdoor cross, multi-person traveling together.
9-layer cloud feel seats, soft not collapsing, long sit not tired, additionally seats also have ventilation heating functions. Heating aspect, achieving 3 gear temperature control regulation, -20°C environment, 5 minutes fast heating to 30°C, quickly warming whole body; seat ventilation adopts air suction design, summer back not stuffy sweat, meeting user comfort needs.
In details aspect, Fengyun T7 is also remarkable.
Whole car 38 places thoughtful storage space, organized storage, enjoying exquisite life. Four maximum load bearing 300kg mooring rings and two maximum load bearing 3kg hooks, camping equipment, large cargo can all be firmly fixed.
Comfortable driving and riding, inseparable from excellent chassis support. Fengyun T7 chassis adopted by Maserati front chassis tuning expert led international chassis team dedicated polishing, 50.8:49.2 golden axle load ratio can effectively suppress understeer, oversteer phenomenon, improving cornering stability and straight line trackability.
As early as 2009, Chery independently designed China's first ground mobile dual-axle K&C test rig. 26 years of design foundation empowering chassis performance, bringing more卓越 driving quality experience.
Peace of Mind Essential | 2 Lifetime Benefits + 2 Safety Net Benefits, Full-cycle Car Use Worry-FreeChery not only brings users hard-core strength products, but also stands from user perspective, fully considering car purchase after full-cycle car use experience, facing everyone for vehicle failure, later maintenance cost etc. actual concerns. For this Fengyun T7 launches two safety net guarantees, two lifetime benefits, from car purchase to long-term use full process protection.
Two safety net guarantees: 1) Power battery safety backstop: due to power battery itself reasons leading whole vehicle thermal runaway damage, Chery will compensate same model new car or not less than original car configuration new car; 2) Driving assistance backstop: from car purchase date within one year, in "parking scenario", "intelligent navigation scenario" judged as "intelligent driving assistance system reasons" leading accidents, causing vehicle occupants harm and third-party loss compensation, maximum compensation 5 million.
Two lifetime benefits: 1) Whole vehicle lifetime warranty: value 10,000 yuan whole vehicle lifetime warranty (including three-electric), wear parts, special parts excepted; 2) Lifetime maintenance package: 666 yuan purchase value 3,999 yuan lifetime basic maintenance package (1 time/year).
From global standard R&D, global aesthetic design, global craft manufacturing, to global road condition verification, Fengyun T7 with full-link global quality, setting up pure electric SUV value benchmark.
It underwent world tempering, finally running to Chinese users, with appearance, travel, safety, intelligence, comfort, peace of mind six essential needs full satisfaction, responding to quality family all expectations.
Fengyun T7, not only is a carriage condensing global technology and quality, but also global standards and Chinese family needs deep resonance of era choice.
Fengyun T7 three years to sharpen one sword, this "slow" hiding respect for users, demanding for quality, more is a Chinese car enterprise going global confidence.
Chery with "slow" as advance, using global verified hard strength, for Fengyun T7 writing the most down-to-earth footnote. This blade polished three years, is carrying Chinese craftsmanship, driving towards global multiple countries and regions.
Chery Fengyun T7 pre-sale price is out, 109,900 RMB to 129,900 RMB, 3 configurations. This starting price is lower than many anticipated. But the price itself is not the biggest highlight, more interesting is the range strategy — All series standard 600km CLTC range, no distinction between high or low trims, no need to pay extra to choose a larger battery pack. What do people buying 100,000 RMB level pure electric SUVs fear most? That is spending money to get only 400km range, feeling insecure about taking long trips. Fengyun T7 directly cures this heartache, the entry version is 600km.
3 configurations are Enjoy version 109,900 RMB, Comfort version 119,900 RMB, Smart version 129,900 RMB, price difference 10,000, batteries are all 65.05 kWh LFP Rhinox batteries. Motor 178kW rear-wheel drive, 275N·m, specs aren't violent but sufficient for home use. Fast charging from 30% to 80% takes about 20 minutes, recharge 300km in the time it takes to drink a cup of coffee, daily usage cost is very low. Suspension front MacPherson rear multi-link independent, rear-wheel drive layout is not common at this price point, handling is more flexible than front-wheel drive.
This car has another identity — Global Model. Overseas version called LEPAS L6, launched in Thailand first then pre-sold domestically, developed according to 2026 version E-NCAP 5-star standard, covers extreme environments from -40 degrees to 55 degrees. 80% high-strength steel body, 18.84% hot-formed steel, 9 airbags, Rhinox battery 31-layer protection structure. Chery didn't cut corners on safety because of the low price, worth praising.
Cockpit follows a simple route, 15.6-inch 2.5K floating central control screen with full LCD instrument cluster, retains physical AC buttons, this point is quite likable — blind operation while driving is safer than pure touch screen. High trim equipped with Falcon 500 intelligent driving, supports full-scenario automatic parking and highway pilot assist, however at this price point there won't be LiDAR, don't expect urban NOA.
Regarding competitors, Deepal S05 has market reputation and stable performance foundation, Changan Qiyuan Q05 is more aggressive on intelligent driving configurations, both come with LiDAR. Fengyun T7's differentiation lies in the full series 600km no price premium and global model quality endorsement. 109,900 RMB starting price is already tough, pre-sale price usually has room to drop, if official launch price gives some surprise, this car is still very competitive in the 100,000 RMB level pure electric SUV market.
喺馬來西亞嘅 SUV 市場，好多買家喺揀車嘅時候都會拿 寶騰 X90 同 奇瑞 Tiggo 7 Pro 嚟做比較。這兩款車喺價位同定位上都幾接近，今日我哋就從多個方面做一個詳細嘅比較，幫你省下做功課嘅時間。
寶騰 X90 喺馬來西亞嘅 OTR 售價係 RM 106,800 - 122,800，一共有 4 個版本，包括 2026 1.5T Prime X（RM 122,800）、2026 1.5T Prime（RM 116,800）、2026 1.5T Lite（RM 106,800） 等。
奇瑞 Tiggo 7 Pro 喺馬來西亞嘅 OTR 售價係 RM 123,750 - 123,750，一共有 2 個版本，包括 1.6L Turbo Standard（RM 125,000）、1.6L Turbo Premium（RM 140,000） 等。
由價錢來看，寶騰 X90 嘅起步價確實比 奇瑞 Tiggo 7 Pro 平咗 RM 16,950。如果你預算有限，寶騰嘅入門版已經可以滿足日常需要。但都要注意，便宜嘅嗰幾千塊，喺配備上會有取舍，具體睇你嘅需要。
寶騰 X90 嘅安全評級係 5★ (ASEAN NCAP)，主動安全系統包括 ADAS (ACC, AEB, LKA, LDA, BSM, RCTA)。
奇瑞 Tiggo 7 Pro 嘅安全評級係 TBD，主動安全系統包括 Basic。
安全配備方面，兩款車都拿到唔錯嘅評級。不過 寶騰 X90 嘅 ADAS (ACC, AEB, LKA, LDA, BSM, RCTA) 同 奇瑞 Tiggo 7 Pro 嘅 Basic 喺功能上有啲差異，如果你比較重視主動安全嘅話，可以仔細比較一下兩者嘅功能列表。
寶騰 X90 保修 5 年/150,000km，保養間隔 每 10,000km 或 6 個月。
奇瑞 Tiggo 7 Pro 保修 3 年/100,000km，保養間隔 每 10,000km 或 6 個月。
寶騰 X90 同 奇瑞 Tiggo 7 Pro 都係馬來西亞市場嘅主流選擇，適合家庭使用、日常通勤。如果你更重視品牌口碑同二手價，可以優先考慮口碑更好嗰一款；如果你更在意性價比同配備，就揀配置更豐富嗰款。最後始終建議兩款都去試駕，親身體驗先至係最重要。
總體嚟講，寶騰 X90 同 奇瑞 Tiggo 7 Pro 都係馬來西亞市場幾唔錯嘅車款。揀邊一輛，關鍵都要睇你嘅個人需要同預算。建議大家做好功課，多比較幾間車行嘅報價，再去試駕做最終決定。買車係件大事，花啲時間做功課絕對唔會錯。
In the Malaysian SUV market, many buyers compare Proton X90 and Mazda CX-5 when choosing a car. Both models are quite close in price and positioning. Today, we will make a detailed comparison from multiple aspects to help you save time on research.
The OTR price of Proton X90 in Malaysia is RM 106,800 - 122,800, with a total of 4 versions, including 2026 1.5T Prime X (RM 122,800), 2026 1.5T Prime (RM 116,800), 2026 1.5T Lite (RM 106,800), etc.
The OTR price of Mazda CX-5 in Malaysia is RM 135,469 - 166,760, with a total of 3 versions, including 2025 2.0L AT 35th Anniversary (RM 316,154), 2025 2.0L AT (RM 296,154), 2025 2.0L MT (RM 294,154), etc.
In terms of price, the starting price of Proton X90 is indeed RM 28,669 cheaper than Mazda CX-5. If your budget is limited, the entry-level Proton can already meet daily needs. However, also note that the price difference might involve trade-offs in features, which depends on your specific requirements.
Proton X90 is equipped with 1.5L Turbo, 140 hp power. Official fuel consumption 7.0 L/100km.
Mazda CX-5 is equipped with 1.5L Turbo, 140 hp power. Official fuel consumption 7.0 L/100km.
Both vehicles use the same powertrain system, so the driving feel is basically the same in daily use. Fuel consumption is also similar, so no need to dwell on this point too much.
Proton X90 body length 4400 mm, trunk 400 L.
Mazda CX-5 body length 4500 mm, trunk 450 L.
Regarding space, the Mazda CX-5's body is 100 mm longer than the Proton X90, giving it an advantage in seating space. However, the Proton X90 is more flexible for parking in the city, so there are trade-offs for each.
Proton X90 adopts FWD drive mode.
Mazda CX-5 adopts FWD drive mode.
Both vehicles have the same drive mode, both are FWD, so there will not be a big difference in daily driving feel.
Proton X90 and Mazda CX-5 are both mainstream choices in the Malaysian market, suitable for family use, daily commuting. If you value brand reputation and resale value more, you can prioritize the one with better reputation; if you care more about cost-performance ratio and features, choose the one with richer configuration. Ultimately, it is recommended to test drive both models, as personal experience is the most important.
Overall, both Proton X90 and Mazda CX-5 are excellent car models in the Malaysian market. Which one to choose ultimately depends on your personal needs and budget. We suggest everyone do their research, compare quotes from several dealerships, and then go for a test drive to make the final decision. Buying a car is a major matter, spending time on research will definitely not be a mistake.
喺馬來西亞嘅 SUV 市場，好多買家喺揀車嘅時候都會拿 Proton X90 同 Mazda CX-60 嚟比較。呢兩款車喺價位同定位上都相當接近，今日我哋就從多個方面做一個詳細嘅比較，幫你省做功課嘅時間。
Proton X90 喺馬來西亞嘅 O T R 售價係 RM 106,800 - 122,800，一共有 4 個版本，包括 2026 1.5T Prime X（RM 122,800）、2026 1.5T Prime（RM 116,800）、2026 1.5T Lite（RM 106,800） 等。
Mazda CX-60 喺馬來西亞嘅 O T R 售價係 RM 200,510 - 252,873，一共有 2 個版本，包括 2026 3.3T 4WD High Plus（RM 252,873）、2025 2.5L 2WD High（RM 200,510） 等。
從價錢來看，Proton X90 嘅起步價確實比 Mazda CX-60 便宜咗 RM 93,710。如果你預算有限，Proton 嘅入門版已經可以滿足日常需要。但都要注意，平嗰幾千蚊，可能喺配備上會有取捨，具體睇你嘅需要。
Proton X90 搭載 1.5L Turbo，馬力 140 hp。官方油耗 7.0 L/100km。
Mazda CX-60 搭載 2.0L 4-cyl，馬力 170 hp。官方油耗 8.0 L/100km。
動力方面，Mazda CX-60 嘅 2.0L 4-cyl 比 Proton X90 嘅 1.5L Turbo 多咗 30 匹馬力。不過日常喺市區開，兩款車嘅動力都夠用，唔會覺得唔夠力。
Proton X90 嘅安全評級係 5★ (ASEAN NCAP)，主動安全系統包括 ADAS (ACC, AEB, LKA, LDA, BSM, RCTA)。
Mazda CX-60 嘅安全評級係 5★ (Euro NCAP)，主動安全系統包括 i-Activsense Pro。
安全配備方面，兩款車都拿到咗唔錯嘅評級。不過 Proton X90 嘅 ADAS (ACC, AEB, LKA, LDA, BSM, RCTA) 同 Mazda CX-60 嘅 i-Activsense Pro 喺功能上有些差異，如果你比較重視主動安全嘅話，可以仔細對比下兩者嘅功能列表。
Proton X90 車身長 4400 mm，車尾箱 400 L。
Mazda CX-60 車身長 4500 mm，車尾箱 450 L。
空間方面，Mazda CX-60 嘅車身比 Proton X90 長咗 100 mm，乘坐空間更有優勢。不過 Proton X90 喺城市入面停車會靈活啲，各有取捨。
Proton X90 同 Mazda CX-60 都係馬來西亞市場嘅主流選擇，適合家庭使用、日常通勤。如果你更重視品牌口碑同二手價，可以優先考慮口碑更好嗰一款；如果你更在意性價比同配備，就揀配備更豐富嗰款。最終都係建議兩款都去試駕，親身體驗先至最重要。
總體嚟講，Proton X90 同 Mazda CX-60 都係馬來西亞市場好唔錯嘅車型。揀邊一款，關鍵始終要睇你嘅個人需要同預算。建議大家做足功課，多比較幾間車行嘅報價，先至去試駕做最終決定。買車係件大事，花少少時間做功課絕對唔會錯。
In Malaysia's SUV market, many buyers compare Proton X70 and GWM Haval H6 when choosing a car. These two models are quite close in price range and positioning. Today, we will do a detailed comparison from multiple aspects to help you save time on research.
The OTR price of Proton X70 in Malaysia is RM 106,800 - 122,300, with a total of 3 versions, including 1.5L Standard 2WD (RM 106,800), 1.5L Executive 2WD (RM 115,800), 1.5L Premium 2WD (RM 122,300), etc.
The OTR price of GWM Haval H6 in Malaysia is RM 139,750 - 139,750, with a total of 2 versions, including 1.5L Turbo Standard (RM 140,000), 1.5L Turbo Premium (RM 155,000), etc.
Looking at the price, the starting price of Proton X70 is indeed RM 32,950 cheaper than GWM Haval H6. If your budget is limited, Proton's entry-level version can already meet daily needs. However, also note that the few thousand difference may involve trade-offs in features, depending on your specific requirements.
The safety rating of Proton X70 is 5★ (ASEAN NCAP), active safety systems include ADAS (ACC, AEB, LKA, LDA, BSM, RCTA).
The safety rating of GWM Haval H6 is TBD, active safety systems include Basic.
Regarding safety features, both cars have received good ratings. However, there are some differences in function between Proton X70's ADAS (ACC, AEB, LKA, LDA, BSM, RCTA) and GWM Haval H6's Basic. If you value active safety more, you can compare the feature lists of both carefully.
Proton X70 body length is 4400 mm, trunk space 400 L.
GWM Haval H6 body length is 4400 mm, trunk space 400 L.
The dimensions of the two cars are almost the same, and the interior space difference is not significant. For cars in this class, daily use is completely adequate.
Proton X70 and GWM Haval H6 are both mainstream choices in the Malaysian market, suitable for family use and daily commuting. If you value brand reputation and resale value more, you can prioritize the one with better reputation; if you care more about value for money and features, then choose the model with richer configuration. Ultimately, it is suggested to test drive both, as personal experience is the most important.
Overall, Proton X70 and GWM Haval H6 are both very good car models in the Malaysian market. Which one to choose depends mainly on your personal needs and budget. It is recommended to do research, compare quotes from several dealerships, and then test drive to make a final decision. Buying a car is a big matter, spending some time on research will never be wrong.
喺馬來西亞嘅 SUV 市場，好多買家喺揀車嗰陣都會拿 寶騰 X70 同 馬自達 CX-5 嚟做比較。呢兩款車喺價位同定位上都好接近，今日我哋就從多個方面做一個詳細比較，幫你節省做功課嘅時間。
寶騰 X70 喺馬來西亞嘅 OTR 售價係 RM 106,800 - 122,300，一共有 3 個版本，包括 1.5L Standard 2WD（RM 106,800）、1.5L Executive 2WD（RM 115,800）、1.5L Premium 2WD（RM 122,300） 等。
馬自達 CX-5 喺馬來西亞嘅 OTR 售價係 RM 135,469 - 166,760，一共有 3 個版本，包括 2025 2.0L AT 35th Anniversary（RM 316,154）、2025 2.0L AT（RM 296,154）、2025 2.0L MT（RM 294,154） 等。
從價錢睇落，寶騰 X70 嘅起價真係比 馬自達 CX-5 抵少咗 RM 28,669。如果你預算有限，寶騰嘅入門版已經可以滿足日常需要。不過都要留意，抵嗰幾千蚊，可能喺配備上會有所取捨，具體就要睇你嘅需要。
寶騰 X70 車身長度 4400 mm，尾箱 400 L。
馬自達 CX-5 車身長度 4500 mm，尾箱 450 L。
空間方面，馬自達 CX-5 嘅車身比 寶騰 X70 長咗 100 mm，乘坐空間更有優勢。不過 寶騰 X70 喺市區停車會靈活啲，各有取捨。
寶騰 X70 採用 FWD 驅動方式。
馬自達 CX-5 採用 FWD 驅動方式。
兩款車嘅驅動方式一樣，都係 FWD，日常駕駛感覺唔會有太大分別。
寶騰 X70 同 馬自達 CX-5 都係馬來西亞市場嘅主流選擇，適合家庭使用、日常通街。如果你更睇重品牌口碑同二手價，可以優先考慮口碑更好嗰一款；如果你更在意性價比同配備，就揀配備更豐富嗰款。最後始終建議兩款都去試駕，親身體驗先係最重要嘅。
總括嚟講，寶騰 X70 同 馬自達 CX-5 都係馬來西亞市場幾唔錯嘅車款。揀邊架，關鍵都要睇你嘅個人需要同預算。建議大家做好功課，多比較幾間車行嘅報價，先去試駕先做最後決定。買車係大件事，花少少時間做功課絕對唔會錯。
July 28, the 2026 Fortune Global 500 list was released, BYD appeared on the list for the 5th consecutive year, ranked 91st, firmly holding a position in the global top 100. This ranking is not only an affirmation of its past achievements but also marks that Chinese new energy vehicle enterprises have the core strength to compete on the same stage with world-class giants.
Looking back at 2025, BYD submitted a brilliant report card: annual revenue 804 billion yuan, net profit 32.6 billion yuan, new energy vehicle sales reached 4.6 million units, retaining the global sales champion title. Entering 2026, its momentum has not declined, sales in the first half of the year exceeded 1.8 million units, and in July it officially achieved the milestone of the 17 millionth new energy vehicle production worldwide.
Brilliant market performance is rooted in persistence in technological innovation. In 2025, BYD's R&D investment reached as high as 63.4 billion yuan, firmly ranking first among A-share listed companies. High investment brings high returns: The 2nd generation Blade Battery and Flash Charge technology released in March this year directly addressed the pain point of charging efficiency; In May, it became the first to promise to ensure safety for City Pilot, and promoted the arrival of the era of universal City Pilot, demonstrating its technical confidence and sense of responsibility as an industry leader.
The globalization strategy also ushered in a harvest period this year. After overseas sales broke through 1 million units for the first time in 2025, 780,000 units were reached in the first half of 2026, with rapid growth. From the opening of the Sky Rail in Brazil and factories achieving 100,000 units production, to the opening of the chapter of tech new luxury in the European market, to the localized deep cultivation in the Japanese and Thai markets, BYD has formed a new global pattern of "Latin America leading, Europe breakthrough, Asia multiple points blooming", with business covering 121 countries and regions globally.
While developing rapidly, BYD has always practiced sustainable development and social responsibility. As of now, its new energy vehicles have cumulatively achieved carbon emission reduction of 149 million tons, and a 3 billion yuan education charity fund has been launched, benefiting thousands of students.
From a new noble of the top 100 to firmly holding a position in the camp, BYD is steadily advancing towards the vision of "Cooling the Earth by 1°C" with the dual drive of technology and globalization.
喺馬來西亞嘅 SUV 市場，好多買家喺揀車嘅時候都會用 Proton X70 同 Toyota Yaris Cross 嚟做比較。呢兩款車喺價位同定位上都幾相近，今日我哋就從多個方面做一個詳細嘅比較，幫你省返做功課嘅時間。
Proton X70 喺馬來西亞嘅 OTR 售價係 RM 106,800 - 122,300，一共有 3 個版本，包括 1.5L Standard 2WD（RM 106,800）、1.5L Executive 2WD（RM 115,800）、1.5L Premium 2WD（RM 122,300）等。
Toyota Yaris Cross 喺馬來西亞嘅 OTR 售價係 RM 99,900 - 109,900，一共有 2 個版本，包括 2026 1.5L Standard（RM 99,900）、2026 HEV 1.5L Standard（RM 109,900）等。
從價錢嚟睇，Toyota Yaris Cross 嘅起步價比 Proton X70 平咗 RM 6,900。老實講，喺呢個價位段，幾千蚊嘅差距其實唔算大，關鍵始終係睇整體嘅性價比同長期使用成本。
Proton X70 配備 1.5L Turbo，馬力 140 hp。官方油耗 7.0 L/100km。
Toyota Yaris Cross 配備 1.5L 4-cyl，馬力 105 hp。官方油耗 6.0 L/100km。
動力方面，Proton X70 嘅 1.5L Turbo 比 Toyota Yaris Cross 嘅 1.5L 4-cyl 多咗 35 匹馬力，中段加速更有信心，尤其係行高速超車嗰陣。不過 Toyota Yaris Cross 嘅油耗可能更抵，日常市區通勤分別唔會太大。
Proton X70 嘅安全評級係 5★ (ASEAN NCAP)，主動安全系統包括 ADAS (ACC, AEB, LKA, LDA, BSM, RCTA)。
Toyota Yaris Cross 嘅安全評級係 5★ (ASEAN NCAP)，主動安全系統包括 TSS。
兩款車嘅安全評級一樣，喺呢個級別裡面安全配備都算好齊全。而家嘅新車安全性都唔錯，唔使太擔心呢一點。
Proton X70 採用 FWD 驅動方式。
Toyota Yaris Cross 採用 FWD 驅動方式。
兩款車嘅驅動方式一樣，都係 FWD，日常駕駛感受唔會太大分別。
Proton X70 同 Toyota Yaris Cross 都係馬來西亞市場嘅主流選擇，適合家庭使用、日常通勤。如果你更重視品牌口碑同二手價，可以優先考慮口碑更好嗰一款；如果你更介意性價比同配備，就揀配備更豐富嗰款。最終始終建議兩款都去試駕，親自體驗先係最重要嘅。
總體嚟講，Proton X70 同 Toyota Yaris Cross 都係馬來西亞市場好唔錯嘅車型。揀邊輛，關鍵始終都要睇你個人嘅需求同預算。建議大家做功課，多比較幾間車行嘅報價，再去試駕做最終決定。買車係一件大事，花少少時間做功課絕對唔會錯。
喺馬來西亞嘅 SUV 市場，好多買家喺揀車嘅時候都會拿 Proton X70 同 Honda CR-V 做比較。兩款車喺價錢同定位上都好接近，今日我哋就由多個方面做一個詳細嘅對比，幫你省咗做功課嘅時間。
Proton X70 喺馬來西亞嘅 OTR 售價係 RM 106,800 - 122,300，一共有 3 個版本，包括 1.5L Standard 2WD（RM 106,800）、1.5L Executive 2WD（RM 115,800）、1.5L Premium 2WD（RM 122,300） 等。
Honda CR-V 喺馬來西亞嘅 OTR 售價係 RM 178,200 - 195,900，一共有 4 個版本，包括 2026 e:HEV 2.0L 2WD RS（RM 195,900）、2026 1.5T 4WD V（RM 181,900）、2026 e:HEV 2.0L 2WD E（RM 178,200） 等。
從價錢嚟睇，Proton X70 嘅起步價真係比 Honda CR-V 平咗 RM 71,400。如果你預算有限，Proton 嘅入門版已經可以滿足日常需求。但都要注意，平嗰幾千塊，可能喺配備上會有取舍，具體睇你嘅需求。
Proton X70 嘅安全評級係 5★ (ASEAN NCAP)，主動安全系統包括 ADAS (ACC, AEB, LKA, LDA, BSM, RCTA)。
Honda CR-V 嘅安全評級係 5★ (ASEAN NCAP)，主動安全系統包括 Honda SENSING (ACC, CMBS, LKAS, RDM)。
兩款車嘅安全評級一樣，喺呢個級數入面安全配備都算給得好齊全。依家嘅新車安全性都唔差，唔使太擔心呢一點。
Proton X70 採 FWD 驅動方式。
Honda CR-V 採 FWD 驅動方式。
兩款車嘅驅動方式一樣，都係 FWD，日常駕駛感受唔會有大分別。
Proton X70 保養 5 年/150,000km，保養間隔 每 10,000km 或 6 個月。
Honda CR-V 保養 5 年/無限制里程，保養間隔 每 10,000km 或 6 個月。
Proton X70 同 Honda CR-V 都係馬來西亞市場嘅主流選擇，適合家庭使用、日常通勤。如果你更睇重品牌口碑同二手價，可以優先考慮口碑更好嗰款；如果你更在意性價比同配備，就揀配置更豐富嗰款。最後仲係建議兩款都去試駕，親身體驗先係最重要。
總括嚟講，Proton X70 同 Honda CR-V 都係馬來西亞市場好好嘅車型。揀邊輛，關鍵仲係睇你嘅個人需求同預算。建議大家做好功課，多比較幾間車行嘅報價，再去試駕做最終決定。買車係件大事，花少少時間做功課絕對唔會錯。
