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当曼城与国际米兰的球员踏上香港启德体育场的草坪，一场特殊的德比正式拉开帷幕。
很多观众目光聚焦在两支足坛劲旅的对抗之上，却很少有人留意，赛场之外，还有第三位冠军站在舞台中央。蝉联全球新能源销量冠军的比亚迪，携手两大本土双冠王豪门相聚于此。
三支冠军力量同框，绿茵场上的较量只是表象，一场属于中国品牌全球化的叙事，正借着足球的舞台缓缓铺开。
冠军双向奔赴，实力才是联名底气
不少人会产生疑问，一场商业友谊赛，为何能吸引如此高的关注度？
答案藏在三方身上。刚刚结束的2025至2026赛季，曼城拿下英格兰联赛杯与足总杯，拿下国内赛事双冠。大洋彼岸的国际米兰同样收获颇丰，包揽意甲联赛与意大利杯冠军。两支球队都以赛季双冠王的姿态开启新的征程。
一边是英超百年豪门，累计十座英超奖杯，创造英超四连冠纪录，完成英格兰足坛首个五冠王成就，坐拥超过两亿全球球迷。
另一边是意甲传奇，二十一座意甲冠军奖杯，三次站上欧冠之巅，也是意甲联赛唯一从未降级的俱乐部，曾经单赛季横扫多项赛事，拿下意大利足坛独一份的五冠王荣誉。
两支底蕴深厚的足坛强队，本身就自带巨大流量。而比亚迪能够同时和两大豪门达成深度合作，本质上是冠军之间的相互吸引。连续多年守住全球新能源汽车销量第一的位置，2025年整车销量跻身全球前五，完成对通用、福特、本田、日产一众传统车企的超越。亮眼的销售数据不是短期的昙花一现，海外市场的持续突破更能印证实力。2025年比亚迪海外销量突破104.9万辆，同比增幅达到145%，2026年1-7月海外销量继续走高，交出96.92万辆的成绩单。
市场表现不会说谎。在英国与意大利市场，比亚迪终端销量已经超越特斯拉，多款车型站稳细分市场榜首，持续冲击当地新能源赛道。本场赛事落地香港，当地市场的数据更有说服力。如今香港每五台新车当中，就有一台属于比亚迪。2025年比亚迪登顶香港全品牌年度销量冠军，打破长期由丰田、BBA、特斯拉等外资品牌垄断的市场格局。
凭什么欧洲顶级足球豪门愿意持续向比亚迪抛出合作橄榄枝？单纯依靠赞助资金远远不够。欧洲消费者对于汽车品牌有着根深蒂固的认知，外来品牌想要站稳脚跟，硬核产品力是基础。依托自研三电技术，比亚迪形成完整的产业链优势，能够匹配不同地区消费者的用车需求。当产品实力足够和海外主流车企同台竞争，品牌才有机会走进高端圈层。足球，恰好成为打通圈层壁垒最合适的桥梁。
从欧洲杯到曼城、国米、大巴黎，比亚迪持续锁定全球顶级足球IP，并不是盲目投放广告。新能源赛道竞争日趋白热化，海外市场早已成为各大车企争夺的核心阵地。想要走出低价竞争的困局，品牌形象提升必不可少。足球拥有全球范围的受众，不分地域、不分年龄，能够快速拉近品牌和海外普通消费者的距离。
当比亚迪的标识出现在曼城、国米主场，全球亿万球迷在观看比赛的同时，也能看见来自中国的新能源冠军。这一场比亚迪德比，是绿茵赛场的巅峰对决，更是新能源冠军与足球豪门的强强联袂。比亚迪正在海外市场打造属于自己的新能源豪门形象，依靠产品实力赢得全球市场与顶级圈层的认可。
深耕青训公益，以足球托举少年梦想
激烈的比赛吸引全场目光，赛场边缘一群足球少年，构成了启德体育场温柔的风景线。这支少年队伍构成十分多元，既有国内知名的中国足球小将队员，还有一群特殊的孩子，他们来自新疆伊犁、陕西宁陕、贵州兴仁、普安、元宝等偏远县域。对于很多山区孩子来说，前往香港现场观看国际顶级豪门对决，在此之前几乎是难以想象的事情。
大众提起比亚迪的足球合作，第一反应大多是和豪门俱乐部、洲际大赛的商业赞助。很少有人关注，在重金拿下顶级体育IP之外，比亚迪长期坚持推动中国青少年足球发展。商业营销和青少年足球公益，看起来是两条互不相交的路线，比亚迪却把两者融合在了一起。
很多孩子一辈子很难走出家乡，更不用说前往世界各地观摩高水平赛事。比亚迪利用自身积累的足球资源，持续邀请足球少年奔赴欧洲杯、意甲、世界杯等国际顶级赛事现场。坐在看台近距离感受职业赛场的氛围，亲眼见证顶级球员的竞技状态，这种直观体验，是录像、视频无法替代的。走出国门不只是观看比赛，众多青少年还获得和海外青训队伍交手的机会。德国、日本、西班牙、意大利、泰国、巴西、墨西哥都留下过这群少年的足迹。迄今为止，已有超过200人次足球少年走出国门，参与海外赛事超过30场。
他们的对手并不普通，巴萨、马竞、国米、圣保罗等知名俱乐部青训队伍都位列其中。和世界一流青训梯队同场较量，输赢并不是最重要的。偏远地区的足球少年能够站上国际赛场，看见更加广阔的足球世界，同时也让世界看见中国青少年足球的力量。视野带来的改变，会长久影响这群热爱足球的年轻人。
这一次邀请各地足球少年亲临比亚迪德比现场，延续了比亚迪深耕青少年足球的初心。足球少年拥有追逐梦想的舞台，中国足球才能拥有长远的未来。行业内时常存在各类讨论，不少人感慨中国足球发展之路漫长。比亚迪内部有这样一种看法，曾经很长一段时间，中国足球的发展水平落后于海外，如同早年中国汽车产业。但中国汽车依靠持续投入、不断奔跑，一步步追上海外巨头，成长为全球市场的冠军。比亚迪始终相信，只要坚持向前奔跑，中国足球同样有走向世界的机会。
商业层面的体育营销服务品牌出海，青少年足球公益则扎根国内。一外一内，两条路径相互呼应。赞助豪门俱乐部能够提升海外知名度，助力汽车产品销往全球；扶持国内青少年足球，是企业承担社会责任，回馈本土市场。很多企业做体育营销，只盯着流量转化，容易陷入短期曝光的思维定式。比亚迪选择跳出单一的流量逻辑，一边借助足球走向世界，一边利用足球资源滋养本土青少年。商业价值与社会价值兼顾，这也是比亚迪体育布局区别于其他品牌的关键之处。
或许这些少年里，未来不一定所有人都能走上职业足球道路。但这段奔赴赛场、和世界接轨的经历，会在心底埋下坚持梦想的种子。当赛场之上两大豪门奋力拼搏，赛场之下少年们满眼憧憬，体育本身承载的力量，在此刻得到最好的体现。
升级体育矩阵，足球成为出海核心抓手
足球是全球第一大运动，受众覆盖各个大洲，自然成为众多出海企业看重的传播载体。但绝大多数品牌的体育赞助，停留在简单投放广告、品牌冠名的阶段，很难形成长期可持续的战略价值。比亚迪入局足球领域之后，仅仅两年时间，就搭建起一套完整的体育营销矩阵，足以看出布局的深度。
时间回溯到2024年，比亚迪接替大众成为欧洲杯官方赞助商，正式站上洲际顶级足球赛事舞台。以此作为起点，比亚迪不断扩充合作版图。如今合作IP覆盖欧洲杯、美洲杯两大洲际赛事，俱乐部资源囊括英超曼城、意甲国际米兰、法甲巴黎圣日耳曼，同时延伸到各国本土联赛与本土球队，泰国联赛、泰国国家队、哥斯达黎加阿拉胡埃伦斯、巴西科林蒂安都在合作名单之中。横跨欧美亚多个大洲，兼顾国际大赛、欧洲豪门、本土俱乐部，布局的广度在国内车企当中十分少见。
这场在香港上演的曼城对阵国米的比亚迪德比，也让外界看清这套布局能够释放多大的能量。很多球迷会讨论比赛胜负，我们不妨跳出球赛本身思考一个问题，无论曼城和国米哪一支球队拿下本场胜利，谁才是最终赢家。答案显而易见，比亚迪不会因为任意一支球队失利受到负面影响。两大顶级豪门同场竞技带来巨大的传播热度，持续放大品牌声量。一场比赛，同时激活两大豪门IP的影响力，这是分散赞助很难实现的效果。
当下比亚迪手握英超、意甲、法甲三大联赛头部强队，网络上出现不少讨论，未来德甲和西甲的冠军级球队，是否会成为比亚迪下一个合作目标。这个猜想暂时没有标准答案，但能够确定的是，完整的五大联赛豪门资源一旦集齐，比亚迪足球版图将会迎来全新阶段。不止于此，比亚迪德比并不会只上演一次。按照现行欧冠赛制，单赛季完整赛程之内，曼城和国米再度交手的概率大约百分之二十。再加上已经签约的巴黎圣日耳曼，未来欧冠、世俱杯等国际顶级赛事，还会诞生曼城对阵巴黎、国米对阵巴黎等多组比亚迪豪门对决。后续可供挖掘的传播场景，拥有极大想象空间。
更重要的变化在于，比亚迪的体育营销正在完成一次升级，告别单纯花钱冠名的浅层合作，转向深度IP联动。过去不少车企赞助体育赛事，仅仅把品牌logo放在赛场广告牌，缺少后续内容延伸。比亚迪充分利用手里的足球资源，打通海外豪门资源与国内青少年足球公益。邀请海外球星互动，组织国内足球少年前往海外观赛、参赛，把海外顶级IP和国内公益项目相互串联。两种资源相互赋能，实现一加一大于二的传播效果。
品牌出海从来不是简单把车辆卖到海外国家。产品走出去只是第一步，想要长期扎根海外市场，需要让当地消费者建立品牌认同感。足球没有语言壁垒，能够快速打破地域隔阂。面对复杂的海外市场环境，依靠单一营销手段很难突围。比亚迪以足球作为战略抓手，搭建多层次IP矩阵，一边借助顶级赛事、豪门俱乐部提升品牌高度，一边依托各类落地活动丰富品牌形象。
新能源行业竞争逐步进入白热化阶段，海外市场的竞争压力只会持续增加。依靠低价抢占市场无法长久，品牌价值将会成为车企长期竞争的核心筹码。持续深耕足球赛道，不是短期的营销噱头，而是服务全球化长期目标的战略选择。当越来越多海外球迷通过足球认识比亚迪，品牌认知逐步建立，自然能够为整车销售持续赋能。从赛事赞助到IP联动，再到联结国内青训公益，比亚迪的足球布局依旧处于持续进化的过程，后续还会带来哪些新的动作，值得持续观望。
足球赛场的胜负终会尘埃落定，一场友谊赛的结果很快会被大众淡忘。但冠军与冠军联手带来的影响，不会随着终场哨声消失。比亚迪借助足球打开通往全球市场的通道，一边依靠硬核产品争夺海外新能源赛道，一边不忘扶持国内青少年足球成长。商业发展与社会责任并行，属于中国新能源品牌的全球化故事，还会在更多赛场继续书写。
非洲資源國收緊原礦出口，國內新能源產業鏈面對供應難題。
作者丨張恆
2026 年以來，辛巴威、剛果（金）、莫桑比克、馬拉威等非洲重要礦產國相繼出台政策，收緊鋰、鈷、石墨等新能源核心礦產出口。
多國政策同步轉向，明顯是有備而來，目的就是針對中國新能源產業鏈。
非洲多國收緊礦產出口
此番政策收緊的信號最先由辛巴威釋放。2026 年 2 月，該國突然緊急叫停鋰原礦與鋰精礦出口，甚至攔下部分已完成裝船、即將啟運的貨物。彼時已有市場人士判斷，這並非短期臨時管控。
果不其然，到了 5 月，辛巴威正式將鋰、鈷、石墨等 14 類礦產劃定為國家戰略資源，強制要求外資礦業企業引入本土股東，同時必須在境內建設深加工項目，牢牢鎖住產業鏈附加值。
緊隨其後，剛果（金）針對鈷礦設置了兩年總量 9.66 萬噸的出口配額，直接大幅減少低端鈷原料流出。
這一輪資源保護政策浪潮快速向東非、南非擴散，多國逐步形成共識，統一限制未經冶煉加工的原礦、粗精礦直接對外出口。
非洲多國政策步調高度一致，給中國新能源產業鏈帶來了嚴峻挑戰。
回望過去十幾年發展，非洲資源開發熱潮與中國新能源汽車產業崛起高度同步，深度捆綁。
中國新能源產業從零突圍，動力電池、整車產能連年高速擴張，但本土鋰、鈷資源儲量不足、開採成本高企，難以承接需求。非洲坐擁全球頂尖新能源礦產稟賦，卻受限於資金、技術、基礎設施不足，無法開發變現。
在這種互補性下，中非形成成熟穩固的產業鏈分工。中國企業出海完善當地基建、投資礦山，投入資金與全套採礦技術，助力非洲礦產落地開發；非洲則穩定低價供應粗礦原料，支撐中國新能源產業做大做強。
數據上，剛果（金）貢獻全球 76% 的鈷礦產量，中國三元電池鈷原料九成以上依賴非洲進口；辛巴威鋰精礦超九成出口至中國，佔中國進口總量的 15.5%；莫桑比克、馬達加斯加天然石墨持續供給中國負極材料，是動力電池剛需原料。
依靠非洲大批量、穩定可靠的初級礦產供給，中國掌握了全球超 80% 鈷冶煉、70% 以上鋰鹽加工產能，建成全球規模第一的動力電池與新能源汽車製造體系。可以說，過去十年中國新能源產業的快速發展，依靠的就是中非的資源戰略合作。
隨著中國新能源產業逐步走向成熟，海外合作方的態度似乎有所改變。
過往十餘年間，非洲礦產資源國大多停留於礦石開採、前期分類、倉儲物流等環節，僅賺取基礎勞務與資源開採收益；中國則承接礦產深加工，覆蓋冶煉、正極材料、電池製造等下游環節。
中國新能源產業鏈日趨成熟後，非洲資源國不再滿足於單純出口低附加值初級原礦。各國借鑑印尼治理鎳產業鏈的經驗，看準了中國對其礦產資源的進口依賴度，陸續收緊原礦出口管控、設置配額門檻，強制外來資本在當地落地深加工工廠、吸納本土資本參股，倒逼產業鏈增值收益留在屬地。
維繫了十餘年的雙向互利合作格局被打破。非洲資源國試圖從上游資源端重塑產業鏈利益分配，此舉無異於對中國新能源供應鏈的一次釜底抽薪。
車企利潤承壓
當前，國內整車行業利潤已經極度稀薄。中汽協數據顯示，2026 年上半年整車製造平均淨利潤率僅 1.5%，創下十年新低。
一輛均價 20 萬元的車，車企平均淨利潤僅 3000 元，遠低於國內規模工業企業平均盈利水平。持續數年價格戰壓縮定價空間，行業緩衝成本波動的餘地很小。
2026 年二季度集中披露的業績預告直觀顯現了成本壓力，賽力斯預計上半年歸母淨虧損 15 億至 18 億元，北汽藍谷預計上半年歸母淨利潤虧損 17.7 億至 19.7 億元。終端市場競爭白熱化，車企不敢輕易上調售價，原材料上漲帶來的新增成本，只能企業內部消化。
碳酸鋰價格的上行就是車企利潤承壓的原因之一。電池級碳酸鋰自 2025 年末 7 萬至 10 萬元/噸，一路上行，2026 年 5 月最高接近 20 萬元/噸，價格近乎翻倍。
行業通用的測算是，碳酸鋰每上漲 1 萬元/噸，60 度純電車電池成本增加 300 元；長續航車型單車成本上浮可達 400 元。對比年初低點，大容量純電車剛性成本增加 2000 至 3000 元，三元鋰電池車型疊加了鈷價波動，負擔更重。
如果非洲各國持續加碼出口限制，鋰、鈷原料價格維持高位，車企處境會進一步惡化。產能利用率不足的弱勢廠商，虧損壓力將持續放大。
面對上游的隱患，中國產業鏈沒有選擇坐以待斃。
一方面，頭部礦業與車企順應非洲本土化要求，在當地落地冶煉產能。華友鈷業在辛巴威布局硫酸鋰產線，礦產就地加工，滿足當地政策要求；洛陽鉬業擴容剛果（金）本土鈷冶煉產能，規避原礦出口配額約束。這種重資產投入週期漫長。
另一方面，貨源布局走向多元化，部分企業加速開發澳洲、南美鋰礦資源，同步挖掘國內青海、川西鋰資源潛力，打造“海外多點供給 + 國內自有礦產”雙保險。比亞迪、寧德時代、吉利等企業拓寬海外礦產合作，分散地緣政策風險。
此外，依靠技術迭代減少稀有金屬依賴也成為了行業研發趨勢。低鈷、無鈷方案持續普及，中端車型大規模搭載磷酸鐵鋰電池，降低對剛果（金）鈷礦需求。同時，動力電池回收體系不斷完善，退役電池提煉再生鋰、鈷，逐步形成城市礦山，緩解海外原礦進口壓力。
非洲多國收緊礦產出口，是想重新分配新能源產業鏈的利益。國內產業鏈想要抵禦外部資源波動，不能長期依賴低價進口礦產，持續推進供應鏈多元化、材料技術迭代，才能逐步擺脫海外資源掣肘。【版權聲明】本文系《汽車人》原創，出版方所有，未經翻譯或部分複製，違者必究。
In Malaysia's SUV market, many buyers compare Proton X70 and Mazda CX-30 when choosing a car. These two 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 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 Mazda CX-30 in Malaysia is RM 122,409 - 146,409, with a total of 4 versions, including 2025 2.0L High+ Premium (RM 146,409), 2025 2.0L High+ (RM 138,409), 2025 2.0L High (RM 130,409) , etc.
In terms of price, the starting price of Proton X70 is indeed RM 15,609 cheaper than Mazda CX-30. If your budget is limited, Proton's entry-level version can already meet daily needs. But also note, the few thousand dollars saved might involve trade-offs in specifications, depending on your specific needs.
Proton X70 features a 1.5L Turbo, 140 hp. Official fuel consumption 7.0 L/100km.
Mazda CX-30 features a 1.5L Turbo, 140 hp. Official fuel consumption 7.0 L/100km.
Both cars use the same powertrain, the driving experience is basically no difference. Fuel consumption is also similar, no need to worry too much about this point.
Proton X70 body length 4400 mm, trunk 400 L.
Mazda CX-30 body length 4500 mm, trunk 450 L.
In terms of space, Mazda CX-30's body is 100 mm longer than Proton X70, offering better seating space. However, Proton X70 is slightly more flexible for parking in the city, each has trade-offs.
Proton X70 warranty 5 years/150,000km, maintenance interval every 10,000km or 6 months.
Mazda CX-30 warranty 5 years/150,000km, maintenance interval every 10,000km or 6 months.
The warranty conditions for both cars are the same, no need to worry about this. Actual maintenance costs also depend on the brand's service network and parts prices, suggest asking real owners in car owner groups for experience.
Overall, Proton X70 and Mazda CX-30 are both very good models in the Malaysian market. Which one to choose, it depends on your personal needs and budget. We suggest doing your research, compare quotes from several car dealerships, and then go for a test drive to make a final decision. Buying a car is a big matter, spending some time doing research will definitely not be wrong.
In Malaysia's SUV market, many buyers compare Proton X70 and Toyota Yaris Cross when choosing a car. Both cars are quite close in price and positioning. Today we will make a detailed comparison from multiple aspects to save you time on research.
The OTR selling price of the 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 selling price of the Toyota Yaris Cross in Malaysia is RM 99,900 - 109,900, with a total of 2 versions, including 2026 1.5L Standard (RM 99,900), 2026 HEV 1.5L Standard (RM 109,900), etc.
From a price perspective, the Toyota Yaris Cross has a starting price RM 6,900 cheaper than the Proton X70. Honestly, in this price range, a difference of a few thousand is actually not significant; the key lies in the overall cost-performance ratio and long-term usage costs.
The Proton X70's safety rating is 5★ (ASEAN NCAP), active safety systems include ADAS (ACC, AEB, LKA, LDA, BSM, RCTA).
The Toyota Yaris Cross's safety rating is 5★ (ASEAN NCAP), active safety systems include TSS.
Both cars have the same safety rating; safety features are quite comprehensive in this class. New cars nowadays generally have good safety, so there is no need to worry too much about this.
The Proton X70 adopts FWD drive configuration.
The Toyota Yaris Cross adopts FWD drive configuration.
Both cars use the same drive configuration, which is FWD, and there will not be a big difference in daily driving experience.
Proton X70 warranty 5 years/150,000km, maintenance interval every 10,000km or 6 months.
Toyota Yaris Cross warranty 5 years/unlimited mileage, maintenance interval every 10,000km or 6 months.
Both Proton X70 and Toyota Yaris Cross are 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 a better reputation; if you care more about cost-performance ratio and equipment, then choose the one with richer configurations. Ultimately, it is recommended to test drive both; experiencing it personally is the most important.
Overall, Proton X70 and Toyota Yaris Cross are both very good models in the Malaysian market. Which one to choose mainly depends on your personal needs and budget. It is recommended to do your homework, compare quotes from several dealerships, and then test drive to make the final decision. Buying a car is a major matter; spending some time doing research will definitely not be wrong.
喺馬來西亞嘅 SUV 市場，好多買家喺揀車嘅時候都會拿 Proton X50 同 MG MG HS 嚟做比較。呢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，幫你省做足功課嘅時間。
Proton X50 喺馬來西亞嘅 OTR 售價係 RM 89,800 - 113,300，一共有 4 個版本，包括 1.5T Executive（RM 89,800）、1.5T Premium（RM 101,800）、1.5T Flagship（RM 113,300）等。
MG MG HS 喺馬來西亞嘅 OTR 售價係 RM 130,450 - 146,450，一共有 2 個版本，包括 1.5L Standard（RM 105,000）、1.5L Executive（RM 115,000）等。
從價錢嚟睇，Proton X50 嘅起步價確實比 MG MG HS 平咗 RM 40,650。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，平嗰幾千塊，可能喺配備上會有取捨，具體睇你嘅需要。
Proton X50 搭載 1.5L 4-cyl，馬力 105 hp。官方油耗 6.0 L/100km。
MG MG HS 搭載 1.5L Turbo，馬力 140 hp。官方油耗 7.0 L/100km。
動力方面，MG MG HS 嘅 1.5L Turbo 比 Proton X50 嘅 1.5L 4-cyl 多咗 35 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 X50 嘅安全評級係 5★ (ASEAN NCAP)，主動安全系統包括 ADAS (ACC, AEB, LKA, LDA, BSM, RCTA)。
MG MG HS 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 Proton X50 嘅 ADAS (ACC, AEB, LKA, LDA, BSM, RCTA) 同 MG MG HS 嘅 Basic 喺功能上有些差異，如果你比較睇重主動安全嘅話，可以仔細對比一下兩者嘅功能列表。
Proton X50 車身長 4400 mm，行李廂 400 L。
MG MG HS 車身長 4400 mm，行李廂 400 L。
兩款車嘅尺寸幾乎一樣，車內空間差別唔大。呢個級別嘅車，日常使用完全夠用。
Proton X50 同 MG MG HS 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一款；如果你更在意性價比同配備，就揀配備更豐富嗰款。最尾仲係建議兩款都去試駕，親身體驗先係最重要嘅。
總嘅嚟講，Proton X50 同 MG MG HS 都係馬來西亞市場好唔錯嘅車型。揀邊一輛，關鍵仲係要看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，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。
喺馬來西亞嘅 SUV 市場，好多買家喺揀車嗰陣都會拿 Proton X50 同 MG MG HS 嚟做比較。呢兩部車喺價位同定位上都幾接近嘅，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。
Proton X50 喺馬來西亞嘅 OTR 售價係 RM 89,800 - 113,300，合共 4 個版本，包括 1.5T Executive（RM 89,800）、1.5T Premium（RM 101,800）、1.5T Flagship（RM 113,300） 等。
MG MG HS 喺馬來西亞嘅 OTR 售價係 RM 130,450 - 146,450，合共 2 個版本，包括 1.5L Standard（RM 105,000）、1.5L Executive（RM 115,000） 等。
從價錢嚟睇，Proton X50 嘅起步價確實比 MG MG HS 平咗 RM 40,650。如果你預算有限，Proton 嘅入門版已經可以滿足日常需要。但都要留意，平嗰幾千蚊，可能喺配備上會有取捨，具體要睇你嘅需求。
Proton X50 配備 1.5L 4-cyl，馬力 105 hp。官方油耗 6.0 L/100km。
MG MG HS 配備 1.5L Turbo，馬力 140 hp。官方油耗 7.0 L/100km。
動力方面，MG MG HS 嘅 1.5L Turbo 比 Proton X50 嘅 1.5L 4-cyl 多咗 35 匹馬力。不過日常喺市區行，兩部車嘅動力都夠用，唔會覺得唔夠力。
Proton X50 採用 4WD 驅動方式。
MG MG HS 採用 FWD 驅動方式。
Proton 嘅 4WD 同 MG 嘅 FWD 喺操控上會有唔同感受，建議試駕比較。
Proton X50 保修 5 年/150,000km，保養間隔 每 10,000km 或 6 個月。
MG MG HS 保修 7 年/150,000km，保養間隔 每 10,000km 或 6 個月。
Proton X50 同 MG MG HS 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款；如果你更在意性價比同配備，那就揀配備更豐富嗰款。最終都建議兩部都去試駕，親身體驗先係最重要嘅。
總體嚟講，Proton X50 同 MG MG HS 都係馬來西亞市場幾唔錯嘅車型。揀邊一部，關鍵仲係要睇你嘅個人需求同預算。建議大家做足功課，多比較幾間車行之報價，再去試駕先做最終決定。買車係件大事，花少少時間做功課絕對唔會錯。
中國汽車出海講咗好多年故仔，主題大多都係「我哋將車賣咗去海外」，不過最近長城歐拉帶嚟唔同嘅版本。
7 月 20 號至 22 號長城汽車全球探索日喺保定舉行，全球多啲投資人走訪長城技術中心同生產基地實地探訪，並且喺徐水專業試車場對歐拉 5 全系車型深度試駕之後主動排隊，想要代理呢台中國車。
順序嘅顛倒更值得解讀。過去中國车企出海，走嘅係「產品出去、渠道求人」嘅路。這次係全球投資人親眼睇過工廠、親手摸過實車之後，用真金白銀嘅代理意願投咗票。商業世界最誠實嘅認可從來唔係掌聲而係排隊。投資人看中嘅，係三條清晰嘅產品邏輯。
第一，生而全球。長城歐拉 5 唔係一款「國內賣好再順手改款出海」嘅車，佢依托歸元平台開發，無需針對任何單一市場重新設計，只係通過動力組合嘅靈活調整就能完成本土化適應。正正就係呢個，令佢喺短周期內快速登陸泰國、巴西、西班牙、意大利等全球多國嘅底層原因——佢面對嘅唔係某一个市場嘅偏好，而係一套由一開始就按"世界卷"作答嘅產品定義。
第二，一車多動力，這亦係長城歐拉 5 產品力最值得展開講嘅部分。全球市場嘅能源結構同消費現實千差萬別，長城歐拉 5 用純電、混動、燃油三種動力畀出答案。其中混動版搭載全新一代 Hi2 智能混動系統，"三擎六模"AI 智能切換，將「靜、快、省、順」做成全場景標配，試駕中表顯清零、極限油耗等嚴苛關卡均交出高分答卷。
喺局部領先嘅指標上，例如純電版續航最高 580 公里，百公里電耗只係 11.5 度、Coffee OS 3 智能座艙同 Coffee GPT 大模型語音、自動泊車等智駕功能，呢啲我哋喺國內市場卷出來嘅好技術，令海外投資人讚不絕口。
第三，被全球市場驗證過嘅品質。巴西首批 2000 台上線 24 小時售罄，泰國累計訂單突破 5000 台、混動版同傳統日系豪強分庭抗禮，2026 年 6 月歐拉品牌月銷 10806 輛、同比增長 229%。從東南亞到南美洲，唔同氣候、唔同路況裡嘅每一公里，都係"全球品質"最真實嘅註腳。7 月起，長城歐拉 5 仲會陸續登陸澳洲、南非、印尼及中南美。
更深層睇嚟，長城歐拉 5 承載住品牌升維，從細分人群走向「全球年輕人嘅風格座駕」，年輕人嘅第一台車，有咗全球審美同全球品質。佢為中國汽車出海提供咗一個「歐拉樣本」，唔靠低價換市場，而係靠產品力贏得渠道、贏得投資人、贏得用戶。作為一台適應全球嘅車，長城歐拉 5 就好似一把打開世界嘅鑰匙剛剛插進鎖孔。
喺馬來西亞嘅 SUV 市場，好多買家喺揀車嘅時候都係拿 Proton X50 同 Chery Tiggo Cross 做比較。呢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，幫你節省咗做功課嘅時間。
Proton X50 喺馬來西亞嘅 OTR 售價係 RM 89,800 - 113,300，一總共有 4 個版本，包括 1.5T Executive（RM 89,800）、1.5T Premium（RM 101,800）、1.5T Flagship（RM 113,300） 等。
Chery Tiggo Cross 喺馬來西亞嘅 OTR 售價係 RM 88,750 - 99,750，一總共有 2 個版本，包括 2025 HEV 1.5L CSH（RM 99,750）、2025 1.5T Standard（RM 88,750） 等。
由價錢睇嚟，Chery Tiggo Cross 嘅起步價比 Proton X50 平咗 RM 1,050。老實講，喺呢個價位段，幾千蚊嘅差距其實唔算大，關鍵仲係睇整體嘅性價比同長期使用成本。
Proton X50 配備 1.5L 4-cyl，馬力 105 hp。官方油耗 6.0 L/100km。
Chery Tiggo Cross 配備 1.5L 4-cyl，馬力 105 hp。官方油耗 6.0 L/100km。
兩款車用嘅係同一套動力系統，日常開起嚟嘅感覺基本無分別。油耗方面都幾接近，唔使太糾結呢一點。
Proton X50 車身長 4400 mm，後行李廂 400 L。
Chery Tiggo Cross 車身長 4400 mm，後行李廂 400 L。
兩款車嘅尺寸幾乎一樣，車內空間唔係好大分別。呢個級別嘅車，日常使用完全夠用。
Proton X50 採用 4WD 驅動方式。
Chery Tiggo Cross 採用 FWD 驅動方式。
Proton 嘅 4WD 同 Chery 嘅 FWD 喺操控上會有唔同感覺，建議試駕比較。
總體嚟講，Proton X50 同 Chery Tiggo Cross 都係馬來西亞市場好唔錯嘅車型。揀邊輛，關鍵仲係要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，先至試駕做最終決定。買車係件大事，花啲時間做功課絕對唔會錯。
喺馬來西亞嘅 SUV 市場，好多買家喺揀車嗰陣都會拿 Proton X50 同 Honda HR-V 嚟做比較。呢兩部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對比，幫你省咗做功課嘅時間。
Proton X50 喺馬來西亞嘅 OTR 售價係 RM 89,800 - 113,300，一共有 4 個版本，包括 1.5T Executive（RM 89,800）、1.5T Premium（RM 101,800）、1.5T Flagship（RM 113,300） 等。
Honda HR-V 喺馬來西亞嘅 OTR 售價係 RM 115,900 - 143,900，一共有 4 個版本，包括 2026 e:HEV 1.5L RS（RM 143,900）、2026 1.5T V（RM 137,900）、2026 1.5T E（RM 130,900） 等。
從價錢來看，Proton X50 嘅起步價的確比 Honda HR-V 便宜咗 RM 26,100。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，便宜嗰幾千蚊，喺配備上可能會會有取舍，具體要看你嘅需求。
Proton X50 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 HR-V 嘅安全評級係 5★ (ASEAN NCAP)，主動安全系統包括 Honda SENSING (ACC, CMBS, LKAS, RDM)。
兩部車嘅安全評級一樣，喺呢個級別入面安全配備都算好齊全咗。而家嘅新車安全性都唔差，唔使太擔心這一點。
Proton X50 車身長 4400 mm，尾箱 400 L。
Honda HR-V 車身長 4500 mm，尾箱 450 L。
空間方面，Honda HR-V 嘅車身比 Proton X50 長咗 100 mm，乘坐空間更有優勢。不過 Proton X50 喺城市入面泊車會靈活啲，各有取舍。
Proton X50 採用 4WD 驅動方式。
Honda HR-V 採用 FWD 驅動方式。
Proton 嘅 4WD 同 Honda 嘅 FWD 喺操控上會有唔同感受，建議試駕對比。
總計落嚟，Proton X50 同 Honda HR-V 都係馬來西亞市場好唔錯嘅車款。揀邊一部，關鍵都要睇你嘅個人需求同預算。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。
喺馬來西亞嘅 SUV 市場，好多人買車嘅時候都會拿 Perodua Aruz 同 Mitsubishi Xforce 嚟做比較。呢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對比，幫你省下做功課嘅時間。
Perodua Aruz 喺馬來西亞嘅 OTR 售價係 RM 72,900 - 77,900，一共有 2 個版本，包括 1.5L X（RM 72,900）、1.5L AV（RM 77,900） 等。
Mitsubishi Xforce 喺馬來西亞嘅 OTR 售價係 RM 109,930 - 119,930，一共有 2 個版本，包括 2026 1.5L Ultimate（RM 119,930）、2026 1.5L Urban（RM 109,930） 等。
從價錢嚟睇，Perodua Aruz 嘅起步價確實比 Mitsubishi Xforce 平咗 RM 37,030。如果你預算有限，Perodua 嘅入門版已經可以滿足日常需求。但都要留意，便宜嗰幾千塊，可能喺配備上會有取捨，具體要看你嘅需求。
Perodua Aruz 搭載 1.5L 4-cyl，馬力 105 hp。官方油耗 6.0 L/100km。
Mitsubishi Xforce 搭載 1.5L Turbo，馬力 140 hp。官方油耗 7.0 L/100km。
動力方面，Mitsubishi Xforce 嘅 1.5L Turbo 比 Perodua Aruz 嘅 1.5L 4-cyl 多咗 35 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。
Perodua Aruz 嘅安全評級係 5★ (ASEAN NCAP)，主動安全系統包括。
Mitsubishi Xforce 嘅安全評級係 5★ (ASEAN NCAP)，主動安全系統包括 MI-PILOT。
兩款車嘅安全評級一樣，喺呢個級別入面安全配備都算畀得好齊全。而家嘅新車安全性都唔差，唔使太擔心呢一點。
Perodua Aruz 車身長 4400 mm，後尾箱 400 L。
Mitsubishi Xforce 車身長 4400 mm，後尾箱 400 L。
兩款車嘅尺寸幾乎一樣，車內空間差別唔大。呢個級別嘅車，日常使用完全夠用。
Perodua Aruz 同 Mitsubishi Xforce 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一款；如果你更在意性價比同配備，那就揀配置更豐富嗰款。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，Perodua Aruz 同 Mitsubishi Xforce 都係馬來西亞市場幾唔錯嘅車型。揀邊一輛，關鍵都係要看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，花啲時間做功課絕對唔會錯。
文｜德福
1997年的珠江两岸，外界依然对这片土地能否成功孕育汽车重工业抱有重重疑虑。
把时间轴拉长，广州这座城市的汽车工业梦想可谓历经坎坷。早在1954年，广州市公众汽车修理厂的工人们在没有任何大型现代化设备的情况下，完全凭借手工敲打出了第一辆华南牌铁木结构公共汽车。此后诞生的红卫牌卡车与广州牌轿车，见证了早期工业体系的艰难探索。
到了八十年代中期，广州标致的成立一度让这里跻身国内汽车制造领域的三大三小阵营。但后续波折却留下了沉重的历史包袱，让广州汽车工业陷入低谷，甚至有人曾断言这片土壤做不成汽车重工业。广汽集团正是在这种质疑中起步，在1998年与本田签约开创了全新的合资模式，这也成为后续产能全面爆发的起点。这段历史犹如一部微缩的断代史，记录了中国现代汽车工业从纯手工敲打到组装代工，再到一步步走向自主掌握核心技术的全过程。
历经29年的跋涉，广汽的产能爬坡曲线展现出了极强的韧性。企业实现第一个1000万辆产量，耗费了足足20年的时间。这20年里，广汽完成了从合资引进、消化吸收到自主崛起的漫长蓄力。而从1000万辆跨越到3000万辆，这家企业仅仅用了9年时间。
这种体量上的指数级增长，底层驱动力源于企业逐步将核心前沿技术牢牢握在手中。过去9年里，全球汽车行业面临着前所未有的技术变革，新能源转型与智能化浪潮重塑了整个市场的竞争格局。广汽能够在这一周期内实现交付体量的翻倍跃升，根基完全建立在对底层核心技术的自主掌控以及对市场趋势的精准预判之上。
面对今天行业价格战加剧与出海遇阻的双重挑战，这3000万辆的基盘显得格外扎实。它标志着一家车企完成了体系能力跃迁的临界点。部分造车新势力可以在短期风口中凭借单点技术迅速冲高，要想在长达近三十年的时间跨度里持续保持增长并跨越生死线，就必须拥有穿越产业周期的底层逻辑。
向内看，广汽历经四次跨越发展，成功完成了大湾区汽车产业集群的重构与造血。作为产业链的核心中枢，这家企业依托庞大的体系能量与深厚的技术积淀，带动了上下游无数零部件供应商、软件算法团队以及新材料企业的协同跃升。
这种深度的链主带动效应，让大湾区真正拥有了先进制造业的硬核底座，彻底改变了早期只能依赖外部技术输入的被动局面。向外看，这种在国内淬炼成型的生态底座正在跨越地域限制。凭借全生命周期的技术布局与严格的全球制造标准，广汽正将自身的能力逐步转化为覆盖全球五大板块的竞争力量。
这种向内筑基与向外生长的布局，确切地反映出中国汽车产业高质量发展与全球化进阶的真实轨迹。只有扎根本土打造出具备全球竞争力的产业链集群，并在广阔的海外市场完成从单纯的产品出口到全体系本地化运营的蜕变，中国车企才能真正在世界一流阵营中站稳脚跟。广汽交出的这3000万辆答卷，为中国汽车工业走向世界提供了一个极具穿透力的样本。
向内重构产业链
从整车制造商，到大湾区的技术孵化器
广汽作为大湾区产业供应链的绝对枢纽，其跨越3000万辆的基盘早已超越了单纯的机械制造范畴，进化为一个千亿级别的产业链生态底座。
想要驱动这样一个庞然大物持续保持敏锐的活力，单靠过往的制造惯性完全行不通。2024年，广汽集团将总部搬迁至番禺，正式开启了自主品牌一体化运营的全新阶段。这场被称为番禺行动的内部战役，最核心的目的就是打破传统组织壁垒，力求更加高效地响应用户诉求，彻底完成从工程师思维向用户思维的体制跨越。
在传统的汽车研发体系里，工程师群体往往习惯于坐在实验室里对照各种硬核参数造车，产品的定义权高度集中在企业内部。面对极度内卷的存量竞争市场，广汽展现出了推倒重来的魄力。企业内部搭建“用户全开麦”平台，强制要求研发部门与产品负责人走出办公室，去一线直接倾听用户的日常用车痛点。
这项机制确保了最真实的反馈能够被精准转化为产品优化的最高优先级动作。目前，用户全开麦机制已经在传祺、埃安以及昊铂三大品牌中全面落地，并正在向全国更多城市持续下沉。
这种底层思维的转变，在现实中催生了极具冲击力的鲜活故事。譬如说一位盲订昊铂HT的车主，在一次日常的实车深度体验后，他就提出了一个关于车内氛围灯优化的细微建议。按照以往传统车企繁琐的层层审批流程，这类非安全相关的边缘意见大概率会被淹没在浩如烟海的客诉表单中。而广汽高管在深夜迅速跟进对接这个不起眼的诉求，相关功能随后在极短的时间内通过OTA升级完美落地至用户的车机中。这种打破常规的极速响应，才能让用户真切感受到了情绪价值被尊重的重量。
为了让此类快速响应机制可以常态化运行，广汽在组织架构与服务保障上动了真格。企业专门成立了独立的用户洞察部门，深入推进从发现问题到解决问题的全流程变革，从根本的组织机制上保障用户的每一个诉求都能实现件件有回应以及事事有着落。
在线上服务端口，全面上线的超级管家可以做到全天候24小时在线并严格执行5秒内响应以及2小时内解决问题的铁律。线下渠道同样在精进，综合销售服务中心正加速向全国县域市场铺展，到今年6月底已经完成600家网点认定，计划年内还要增加建立1000家县域授权门店，一步到位打通触达用户的最后一公里。
用户思维的全面觉醒，也反向倒逼着广汽的大湾区技术孵化器属性全速运转。为了满足新一代消费者对智能化极致体验的新需求，广汽必须拉动整个产业链协同作战。企业累计投入超620亿元进行自主研发，取得超2.49万件专利申请。面对复杂的智能硬件定制需求，广汽牵头抛出国内首个汽车芯片应用生态共建计划，联合了105家生态伙伴，共同完成近400款芯片的联合定义开发与应用验证。这种极其开放包容的链主姿态，让广汽得以跨越单一企业的边界。
刚刚上市不久的启境GT7正是这种体制跃迁的成果。作为广汽与华为乾崑深度联合打造的高端智能新能源产品，它敏锐捕捉到了新生代用户对于前卫设计与高阶智驾的双重渴望。这款车不仅成为首批搭载华为乾崑智驾ADS 5系统的高端智能猎装车，更以入门即满配的定价重新订立了细分市场的价值标准。
上市后短短24小时，大定订单便迅速突破5200辆，甚至吸引了众多极度看重底盘操控质感与智能体验的资深极客用户果断入手。市场用真金白银的选票证明了，正是依托番禺行动这场触及灵魂的改革，广汽真正蜕变为用户全周期同行者，从而让这3000万用户的基盘变得前所未有的坚不可摧。
跨越地域的技术转译
全矩阵战略破解全球化壁垒
大湾区内坚韧的产业链底座与用户基盘，自然化作了广汽向外突破的跳板。
强大的国内产业链实力正迅速转化为破解全球化壁垒的钥匙。今天中国车企出海面临着一个极为棘手的供需错位难题。众多国内厂家习惯于将中国市场高度成熟的纯电出行模式直接复制到海外，试图用单一的新能源产品横扫全球。
全球各个区域的能源转型节奏错综复杂。纯电路线在部分海外市场频频遭遇基础设施匮乏与政策摇摆的阻击。国内厂家溢出的纯电产能与海外真实多元的出行需求之间，存在着巨大的缝隙。依赖单一的技术路线在复杂的国际大盘中显得极其脆弱且充满风险。
面对这种错位痛点，广汽展现出了冷静的战略定力，顺势构建起覆盖燃油、油电混合、插电式混动、增程式以及纯电动全矩阵动力技术布局。这种全路线并发的能源矩阵赋予了广汽极强的抗风险能力，能够做到对全球不同地区真实需求的精准适配。
为了让这套技术矩阵在全球范围内畅通无阻，广汽在底层研发阶段就确立了极高的兼容门槛，目前其核心技术系统已经做到支持四十四种语言，并且全面满足严苛的欧七排放规范以及欧洲新车安全评鉴协会五星安全等全球最高标准。
这种全矩阵战略的精准适配能力，在高度发达的欧洲纯电市场得到了确凿验证。欧洲针对新能源车辆准入有着全球最严苛的环保与安全法规。举个例子，旅居英国的许女士作为首批登陆英国市场的埃安V车型车主，身在海外的她因国内家人长达两年安心使用广汽产品的真实口碑，果断预订了这款纯电车型。
在实车交付后的高频使用中，这款车凭借稳定扎实的续航表现与宽裕的座舱空间，彻底打消了她跨国购买中国电动车的初始顾虑。埃安V能够顺利驶上伦敦街头，恰恰证明了广汽的纯电技术架构完全具备正面应对欧洲严苛标准的技术底气，成为了广汽在纯电基建完善区域稳扎稳打的真实缩影。
视线转向基础设施截然不同的南美洲，广汽的全矩阵战略展现出了补齐市场缺口的硬核支撑力。在委内瑞拉，极端的暴雨天气频发且充电网络极度匮乏，强推纯电产品根本无法满足用户的刚性出行需求。职业棒球手Wilfredo常年需要跨城征战高强度比赛，他选择了一台广汽GS8作为核心通勤工具。
一个遭遇突发暴雨的夜晚，恶劣的天气与积水路面带来了极大的驾驶风险。凭借硬核的安全架构设计与超大内部空间，这台搭载传统燃油动力的SUV稳稳地装载着他所有比赛装备，护送他安全抵达并最终助力打出全垒打。在这些纯电基建尚未普及的区域，这台车化作长期靠谱的硬核承诺。燃油与混动车型的扎实品质，精准填补了当地市场因基建落后而产生的供需断层。
无论是在伦敦街头平顺行驶的纯电动车，还是在南美暴雨中穿梭的燃油SUV，背后都仰仗着同一套研发体系的强势输出。这种跨越能源形式的产品定义能力，源自大湾区产业链的技术外溢。通过海内外多元化真实场景的反复淬炼，广汽的研发体系已经实现了从本土适销向全球通行的视野跃迁，正凭借这套毫无死角的技术解法，一点点瓦解供需错位带来的出海壁垒。
拒绝浅层出海，长期主义重构全球版图
真正的世界一流车企走向全球，必然依赖完整工业体系的全面输出，绝对规避简单的产品倾销。今年上半年，广汽自主品牌交出了一份极具说服力的出海答卷，出口量达到12.15万辆，同比大幅增长132%。
仔细盘点区域战报，中国香港地区前五个月的电动车市占率顺利突破11%，泰国市场六月份销量环比激增207%。这些扎实的数据确凿地证明，海外市场加速蜕变为广汽的第一增长曲线。对比行业内部分把海外视为库存消化地的短视做法，广汽的全球化布局展现出极度冷静的重资产深耕逻辑。
依托One GAC 2.0战略，广汽彻底摒弃浅层贸易模式，全力践行在当地且为当地的全价值链体系出海路径。目前，企业已构建起覆盖亚太、中东、美洲、欧洲等五大板块的国际化业务网络。广汽稳扎稳打，将110个国家和地区的746家销售服务网点、7座海外生产工厂与9个海外零部件仓库连点成线。
在日益复杂的地缘经济大环境下，单纯的整车出口极易触碰重重壁垒。广汽选择了一条极为艰难却极具长期价值的破局之道，即在海外复刻大湾区的全价值链运营闭环。以准入门槛极高的欧洲市场为例，广汽稳步搭建起从本地化生产到市场终端销售的全链路运营体系，保障新能源产品稳步扎根核心国家市场。这种坚定本土扎根的策略，打造出中国汽车品牌参与世界级竞争的高质量样本。
产业链的向内重塑与体系化的向外生长，最终交汇于广汽企业文化中长期主义的具象化表达。务实低调且厚积薄发的广东精神，构成了这3000万辆最坚实可靠的品牌底色。这种精神不仅体现在对待造车品质的绝对敬畏上，更体现在面对行业浮躁内卷环境时的极度克制中。
大湾区的产业链根系扎得越深，全球化的商业枝叶自然伸展得越加繁茂。凭借这份务实的深耕，广汽始终保持着清醒的战略定力，稳步跨越了无数个残酷的产业洗牌周期。
站在交付3000万辆的全新历史坐标上，广汽清晰地锚定了2030年的宏大目标，计划全面进入全球120个国家和地区，建成超2000家海外网点，并实现年销量100万辆的战略跨越。
3000万辆的成绩与近30年的耕耘，本质上是对大湾区汽车产业链进行的一次漫长且严苛的极限压力测试。顺利通过这场测试后，广汽向全球市场确凿地证明，中国车企完全具备成体系输出高标准现代工业的能力。
在席卷全球的新能源与智能化浪潮中，广汽早已告别单纯依靠性价比拼杀的初级阶段。这家企业正携手海量生态伙伴，将大湾区的智造底座转化为普惠全球的出行红利。一家真正掌握世界级供应链生态与在地化运营能力的车企，必定会超越简单的跨国商品贸易范畴。广汽正以极具韧性的产业厚度，在世界舞台上自信地定义智能出行的中国方案，并实质性地主导全球汽车工业新版图的深刻重构。
In Malaysia's SUV market, many buyers compare Perodua Aruz and Mazda CX-5 when choosing a car. These two 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 Perodua Aruz in Malaysia is RM 72,900 - 77,900, with a total of 2 versions, including 1.5L X (RM 72,900), 1.5L AV (RM 77,900) 等.
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) 等.
From a price perspective, the starting price of Perodua Aruz is indeed RM 62,569 cheaper than Mazda CX-5. If your budget is limited, Perodua's entry-level version can already meet daily needs. But keep in mind, that few thousand savings might involve trade-offs in features, depending on your specific needs.
Perodua Aruz is equipped with a 1.5L 4-cylinder, 105 hp. Official fuel consumption 6.0 L/100km.
Mazda CX-5 is equipped with a 1.5L Turbo, 140 hp. Official fuel consumption 7.0 L/100km.
In terms of power, the Mazda CX-5's 1.5L Turbo has 35 hp more than the Perodua Aruz's 1.5L 4-cylinder. However, for daily city driving, both cars have sufficient power, you won't feel it's lacking.
Perodua Aruz's safety rating is 5★ (ASEAN NCAP), active safety systems include 。
Mazda CX-5's safety rating is 5★ (ASEAN NCAP), active safety systems include 。
Both cars have the same safety rating; safety features are considered quite comprehensive in this class. New cars today generally don't have poor safety, so don't worry too much about this.
Perodua Aruz uses FWD drive system.
Mazda CX-5 uses FWD drive system.
Both cars have the same drive system, both are FWD, there won't be much difference in daily driving experience.
Both Perodua Aruz and Mazda CX-5 are mainstream choices in the Malaysian market, suitable for family use and daily commuting. If you value brand reputation and resale value more, prioritize the one with better reputation; if you care more about value for money and features, choose the one with richer configurations. Ultimately, it is recommended to test drive both, personal experience is the most important.
Overall, Perodua Aruz and Mazda CX-5 are both very good models in the Malaysian market. Which one to choose depends mainly on your personal needs and budget. It is recommended to do your research, compare quotes from several dealerships, and then test drive to make the final decision. Buying a car is a big matter, taking time to research is never wrong.
In the Malaysian SUV market, many buyers compare Perodua Aruz and Mazda CX-5 when choosing a car. These two 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 Perodua Aruz in Malaysia is RM 72,900 - 77,900, with a total of 2 versions, including 1.5L X (RM 72,900), 1.5L AV (RM 77,900), 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.
From a price standpoint, the Perodua Aruz starting price is indeed RM 62,569 cheaper than Mazda CX-5. If your budget is limited, the Perodua entry-level version already meets daily needs. However, note that the savings of a few thousand might involve trade-offs in features, which depends on your specific requirements.
Perodua Aruz safety rating is 5★ (ASEAN NCAP), active safety systems include.
Mazda CX-5 safety rating is 5★ (ASEAN NCAP), active safety systems include.
Both cars have the same safety rating. In this class, safety features are quite comprehensive. New cars nowadays are generally safe, no need to worry too much about this.
Perodua Aruz body length 4400 mm, trunk 400 L.
Mazda CX-5 body length 4500 mm, trunk 450 L.
Regarding space, the Mazda CX-5 body is 100 mm longer than Perodua Aruz, offering better passenger space. However, Perodua Aruz is more flexible to park in the city. There are trade-offs for each.
Perodua Aruz and Mazda CX-5 are both mainstream choices in the Malaysian market, suitable for family use and daily commuting. If you value brand reputation and resale value more, prioritize the one with better reputation; if you care more about cost-performance and features, choose the one with richer configuration. Ultimately, we recommend test driving both, as personal experience is the most important.
Overall, Perodua Aruz and Mazda CX-5 are both very good models in the Malaysian market. Which one to choose depends mainly on your personal needs and budget. We suggest doing your research, comparing quotes from multiple dealerships, then test driving to make the final decision. Buying a car is a big matter, spending time researching is never wrong.
喺馬來西亞嘅 SUV 市場，好多買家喺揀車嘅時候都會拿 Perodua Aruz 同 Toyota Corolla Cross 黎做比較。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嘅對比，幫你節省咗做功課嘅時間。
Perodua Aruz 喺馬來西亞嘅 OTR 售價係 RM 72,900 - 77,900，合共有 2 個版本，包括 1.5L X（RM 72,900）、1.5L AV（RM 77,900）等。
Toyota Corolla Cross 喺馬來西亞嘅 OTR 售價係 RM 133,800 - 148,800，合共有 3 個版本，包括 2026 HEV 1.8L GR Sport（RM 148,800）、2026 HEV 1.8L Standard（RM 140,800）、2026 1.8L Standard（RM 133,800）等。
睇返價錢，Perodua Aruz 嘅入門價確實比 Toyota Corolla Cross 平咗 RM 60,900。如果你預算有限，Perodua 嘅入門版已經可以應付日常需要。不過都要留意，平嗰幾千蚊，可能喺配備上會有取舍，視乎你嘅需要。
Perodua Aruz 搭載 1.5L 4-cyl，馬力 105 hp。官方油耗 6.0 L/100km。
Toyota Corolla Cross 搭載 1.5L Turbo，馬力 140 hp。官方油耗 7.0 L/100km。
動力方面，Toyota Corolla Cross 嘅 1.5L Turbo 比 Perodua Aruz 嘅 1.5L 4-cyl 多咗 35 匹馬力。不過平日喺市區開，兩款車嘅動力都夠用，唔會覺得唔夠力。
Perodua Aruz 嘅安全評級係 5★ (ASEAN NCAP)，主動安全系統包括 。
Toyota Corolla Cross 嘅安全評級係 5★ (ASEAN NCAP)，主動安全系統包括 TSS (PCS, LDA, ACC, LTA)。
兩款車嘅安全評級一樣，喺呢個級別入面安全配備都算好齊全。而家嘅新車安全性都唔差，唔使太擔心這一點。
Perodua Aruz 採用 FWD 驅動方式。
Toyota Corolla Cross 採用 FWD 驅動方式。
兩款車嘅驅動方式一樣，都係 FWD，日常駕駛感受唔會有大分別。
總體嚟講，Perodua Aruz 同 Toyota Corolla Cross 都係馬來西亞市場好唔錯嘅車型。揀邊一輛，關鍵都要睇返你嘅個人需要同預算。建議大家做好功課，多比較間車行嘅報價，再去試駕先做最後決定。買車係件大事，花少少時間做功課絕對唔會錯。
July 6, Geely Galaxy TT unveiled to the public. The car is positioned as a C-segment pure electric sports sedan, further enriching Geely Galaxy's product matrix. After launch, it will face strong rivals like Xiaomi SU7, XPeng P7+, and AITO Z7.
Geely brand persists with fuel and new energy dual-track development, Galaxy is the core sales pillar of its new energy segment. In the first half of 2026, Geely Galaxy cumulative sales reached 519,800 new vehicles, accounting for 47.2% of Geely brand's total sales and 36.5% of Geely Automobile Group's total sales. However, sales growth for Geely Galaxy this year is sluggish, with month-over-month sales dropping year-on-year for the first five months, until sales stabilized and recovered in June.
Guided price 64,800-94,800 CNY A0-class compact car Geely Star Wish is the main sales contributor for Geely Galaxy, June sales reached 50,900 units, cumulative sales in the first half reached 249,400 units, accounting for nearly half of Geely Automobile Group's sales during the period.
At the March 2025 performance briefing, Geely Holdings CEO Gu Shengyue, Geely Automobile Group CEO Gan Jiayue stated to the media that in 2026, Geely Automobile Group aims to achieve domestic sales number one. Gu Shengyue also said, "In the foreseeable future, in addition to sales setting a new historical high, it is highly probable that for every future performance briefing, our (Geely Automobile Group) core net profit attributable to parent company will also set a new historical high."
In Q1 2026, Geely Automobile Group narrowly defeated BYD (700,500 units) with a sales figure of 709,400 units, becoming the domestic automaker sales champion. Group revenue also increased from 72.692 billion CNY in the same period last year to 83.776 billion CNY, achieving 15% year-on-year growth; core net profit attributable to parent company also saw a 31% year-on-year increase.
However, since March, BYD has entered a dense new product release period and also released second-generation Blade Battery and fast charging technology, regaining the initiative. In the first half of the year, BYD returned to the throne of "Domestic Top Automaker" with 1.8085 million units sales, while Geely Automobile Group ranked second with 1.4230 million units sales sales. Geely, Lynk & Co, and Zeekr brands sold 1.1004 million, 144,200 and 178,400 units respectively. Among the three brands, only Zeekr brand achieved year-on-year sales growth.
Equally noteworthy alongside sales growth is the product structure. Management once stated outright that an excessively high sales proportion of entry-level models leading to declining profitability is a "weakness the group needs to overcome urgently".
Currently, the automaker has not disclosed the first-half 2026 report, and specific revenue composition was also not disclosed in the Q1 report, so it is impossible to calculate the changes in per-vehicle revenue and per-vehicle profitability. However, how Geely Automobile Group will balance scale growth and profitability improvement while relying on entry-level models to support the overall sales volume remains a management challenge that requires continued attention.
Geely Galaxy Hard to Escape Low-Price Volume Dilemma
In 2025, Geely Galaxy ushered in a comprehensive "explosion", with multiple star models performing brightly. Geely Star Wish broke 40,000 units in sales for 7 consecutive months, Galaxy M9 reached nearly 40,000 units in cumulative sales less than 4 months since officially launching in September, becoming a dark horse in the C-segment hybrid SUV market.
However, due to relatively dense new car releases and some price overlaps, customer sources were dispersed among internal models, significantly increasing the difficulty of cultivating Geely brand models that maintain consistent high volume.
Sales of Galaxy M9 (Photo/Yiche)
According to data released by Yiche, since the beginning of this year, Galaxy M9's monthly retail sales have declined significantly compared to the initial sales period. In January and February, the model still maintained sales levels of over 6,000 and 5,000 units respectively, but in March it dropped directly to 3,773 units. In April and May, sales hovered around 3,000 units. Cumulative retail sales in the first 5 months were even lower than the Zeekr 9X at the 450,000 yuan level.
Facing intensifying industry competition, Geely brand launched a new round of dense new car release offensive to boost sales, with Geely Galaxy becoming the core main force for product release. In the first half of the year, Geely Galaxy has launched home sedan Galaxy A7 EV and 2026 version Galaxy A7 EM, hybrid SUV Galaxy M7 Voyager, hybrid sedan Galaxy Starlight 7 MAX, A0-class compact car all-new Geely Star Wish, light off-road SUV 2026 version Galaxy Cowboy, pure electric SUV Galaxy Starship 7 EV, and other new cars, focusing layout on 100,000 yuan price bracket.
After experiencing month-on-month sales declines in the first five months of this year, June finally saw Geely Galaxy achieve a year-on-year sales increase. However, it is not difficult to find the underlying reason upon close inspection: popular models such as Galaxy Starlight 7 MAX, 2026 version Galaxy Cowboy, all-new Geely Star Wish, Galaxy Starship 7 EV, etc. began to launch successively from mid-to-late May and released their heat collectively in June. In other words, Geely brand has still failed to get rid of the situation of stacking sales with new cars.
Even if Star Wish itself has strong sales performance, it is difficult to completely help Geely brand withstand the downward pressure of the industry. With the intensification of competition within the A0-class market, a crowd of 100,000-150,000 yuan level models are continuously eroding the survival space of A0-class commuter cars with lower pricing, richer configurations, and longer range. Geely Star Wish not only has to bear the competitive pressure from BYD Seagull, Leapmotor A10, Wuling Bingo PLUS and other same-level models, but also cope with the traffic diversion that might come from Leapmotor C10, Changan Deepal S05, XPeng MONA L03, and other 100,000-150,000 yuan level models. In addition, this car may also face internal competition with models such as Galaxy Starship 7 EV.
However, Lynk & Co and Zeekr brands, positioned towards mid-to-high end, although have decent market performance, are not mainstream in the total sales proportion of Geely Automobile Group. If one wishes to stand again at the top position of domestic brand sales, Geely Automobile Group still needs to create more blockbuster models capable of sustained high volume sales for the Geely brand.
Compensate Domestic Sales Gap with Overseas Increment?
According to data announced at the beginning of the year, in 2026, Geely Automobile Group's overall sales target is 3.45 million units, and export sales target is 640,000 units. Divided by brand, Geely, Lynk & Co, and Zeekr brands bear sales tasks of 2.75 million, 400,000 and 300,000 units respectively. Therefore, in the first half of the year, Geely Automobile Group's overall sales target completion rate was 41.2%, with Geely, Lynk & Co, and Zeekr brands achieving 43.2%, 36.1% and 59.5% respectively.
Overseas markets contributed the vast majority of increments for Geely Automobile Group. In the first half of the year, Geely Automobile Group accelerated global market expansion: Concentrated completion of brand landing in five European countries (Spain, Germany, Netherlands, Belgium, Luxembourg) and reached cooperation with Switzerland's top dealer group, confirming entry into Swiss market in Q3; Deepened core markets in Southeast Asia such as Indonesia, Malaysia, Vietnam, launched Lynk & Co 900, Coolray, Okavango L to expand product lineup; Landed localized capacity in Latin American market, completed Star Wish production in Brazil factory; In Middle East and Central Asia markets, Lynk & Co 900 landed in many Middle Eastern countries, Galaxy series models penetrated Central Asian market.
Latest data from CPCA shows that in June, domestic passenger car export volume (including CKD) increased by 82.3% year-on-year to 877,000 units, accounting for 37% of total passenger car manufacturer sales; among them, new energy vehicle exports accounted for 56.9% of total exports, an increase of 16 percentage points compared to the same period last year; domestic brand exports reached 763,000 units, an 86% year-on-year increase, with the entire industry maintaining high prosperity.
Against the backdrop of a generally strong industry export, in the first half of the year, Geely Automobile Group's export volume increased by 158% year-on-year to 474,200 units, with the half-year scale surpassing the total 2025 annual export volume. According to reports from "International Finance News" and Orient Securities research report information, thanks to the overseas market exceeding expected growth, the group subsequently raised export sales guidance twice internally, from 640,000 units to 750,000 units, and then to 900,000 units, indicating that the group's export target completion rate for the first half exceeded half.
However, it is worth noting that although the overseas sales target was significantly increased, Geely Automobile Group did not release information about increasing the overall sales target.
In 2025, Geely Automobile Group cumulative sales were 3.0246 million units, including 420,100 units export sales, equivalent to its domestic sales of about 2.6045 million units last year. According to the latest export indicators calculation, in 2026, the group needs to sell 2.55 million new vehicles domestically to achieve the overall target, which is even nearly 55,000 units less than last year's domestic sales.
According to CPCA data, in June, the A00 and A0-class economy EV market faced significant pressure. A00-class car wholesale sales were 77,000 units, down 50% year-on-year, down 11% month-on-month, accounting for 8% share of pure electric vehicles, down 11.9 percentage points compared to the same period last year; A0-class car wholesale sales were 314,000 units, accounting for 32% share of pure electric vehicles, up 9 percentage points year-on-year; A-class car wholesale sales were 236,000 units, accounting for 24% share of pure electric market, down 2.7 percentage points year-on-year.
Geely brand's new energy vehicles under the brand are mostly in the A00-A class market. Their domestic new energy sales trends are highly bound to the fluctuations of the aforementioned segmented markets. The structural adjustment of the economy EV market will also directly impact the brand's domestic market growth rhythm.
喺馬來西亞嘅 SUV 市場，好買喺揀車嗰陣都會拿寶迪 Ativa 同本田 WR-V 嚟做比較。這兩款車喺價錢同定位上都幾接近，今日我哋就由多個角度做一個詳細比較，幫你節省咗做功課嘅時間。
寶迪 Ativa 喺馬來西亞嘅 OTR 售價係 RM 62,500 - 73,400，合共 3 個版本，包括 1.0L Turbo X（RM 62,500）、1.0L Turbo H（RM 67,300）、1.0L Turbo AV（RM 73,400） 等。
本田 WR-V 喺馬來西亞嘅 OTR 售價係 RM 89,900 - 107,900，合共 4 個版本，包括 2023 1.5L V（RM 99,900）、2023 1.5L E（RM 95,900）、2023 1.5L S（RM 89,900） 等。
由價錢睇，寶迪 Ativa 嘅起步價確實比本田 WR-V 平咗 RM 27,400。如果你預算有限，寶迪嘅入門版已經可以滿足日常需要。但亦都要注意，平嗰幾千蚊，喺配備方面有取捨，具體要看你嘅需要。
寶迪 Ativa 配備 1.5L 4-cyl，馬力 105 hp。官方油耗 6.0 L/100km。
本田 WR-V 配備 1.5L 4-cyl，馬力 105 hp。官方油耗 6.0 L/100km。
兩款車用咗同一套動力系統，日常開落嚟嘅感受基本冇分別。油耗方面都幾差不多，唔使太糾結這一點。
寶迪 Ativa 嘅安全評級係 5★ (ASEAN NCAP)，主動安全系統包括 ASA 3.0 + ACC + LDA + LKA + BSM + RCTA。
本田 WR-V 嘅安全評級係 5★ (ASEAN NCAP)，主動安全系統包括 本田 SENSING。
兩款車嘅安全評級一樣，喺呢個級別入面安全配備都算好齊全。依家嘅新車安全性都幾唔差，唔使太擔心這一點。
寶迪 Ativa 採用 FWD 驅動方式。
本田 WR-V 採用 FWD 驅動方式。
兩款車嘅驅動方式一樣，都係 FWD，日常駕駛感受唔會有太大分別。
寶迪 Ativa 同本田 WR-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，可以優先考慮口碑好嘅嗰一款；如果你更在意性價比同配備，嗰就揀配備更豐富嗰款。最終都建議兩款都去試駕，親身體驗先至係最重要。
總括嚟講，寶迪 Ativa 同本田 WR-V 都係馬來西亞市場幾唔錯嘅車型。揀邊輛，關鍵都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，先至去試駕做最終決定。買車係件大事，花啲時間做功課絕對唔會錯。
By Liu Xinyi
Edited by Mao Shiyang
On July 8, Momenta listed on the main board of the Hong Kong Stock Exchange, stock code 6880.HK.
The offering price was 295.6 HKD per share. It surged over 6% at the opening, then the gain narrowed in the afternoon session, finally closing at 295.6 HKD. The total market value was approximately 69.6 billion HKD. This was the company with the largest market cap among the five companies ringing the opening bell at the HKEX that day.
More lively than the stock price was social media. On listing day, official accounts of nearly 20 vehicle partners simultaneously posted congratulatory articles and posters. The topic was unified as "Embracing the Future of Physical AI Together".
IM Motors, Mercedes-Benz, Toyota, and GM appeared together, described as "Half of the Global Automotive Industry's Social Circle".
This social media storm was not hastily arranged. Momenta was founded in 2016. Cao Xudong graduated from Tsinghua University and worked successively at Microsoft Research Asia and SenseTime. In ten years, it completed 20 financing rounds. The cost per share in Series A was $0.45, which has multiplied more than 80 times to today.
Behind it lies a rare list. SAIC Motor, holding about 20%, is the largest external shareholder. GM, Toyota, Mercedes-Benz, and Bosch are also listed. These entities are both investors and customers. Car manufacturers invest money while entrusting models to it. This "Customers as Shareholders" loop is the backdrop of the good news.
For an autonomous driving supplier, this scene itself is a narrative. It wants to tell the market that its customer list is the top tier of the global automotive industry.
This claim is supported by data. According to the Blue Book released by Frost & Sullivan in June, from March 2025 to February 2026, in the Chinese third-party urban NOA supplier market, Momenta's sales market share reached 65%, ranking first in the industry; among the top 10 global car manufacturers, nine cooperate with it.
The market enthusiasm was also high. The public offering received an oversubscription of about 414 times. The international offering received about 44 times before deducting anchor investors and greenshoe. Institutional orders exceeded 100 billion HKD. Unusually, this issuance did not set a price range, directly fixing the offering price. 14 anchor investors subscribed to nearly half the share.
In the list, the Singapore Government Investment Corporation (GIC), known for being cautious and rarely investing as an anchor in new shares, and Fidelity International each led with heavy investments of about USD 100 million. Franklin Templeton appeared as a Hong Kong anchor for the first time in history. More notably, Mercedes-Benz and BYD, two old shareholders and customers of Momenta, again bet as anchors at the key IPO node.
Cao Xudong said it took Mercedes-Benz exactly 8 years from the 2017 investment to mass production at the end of 2025. Once the breakthrough occurred, in 2024 Momenta obtained all of Mercedes-Benz's electric and fuel vehicle business.
The market is willing to pay this price because of the hardest data in the prospectus. From 2023 to 2025, Momenta's revenue increased from RMB 743 million to RMB 2.413 billion, sales costs remained almost unchanged, and gross margin rose from 17.5% to 71.6%.
Supporting this curve is licensing revenue. It multiplied 42 times in three years, rising from 3.1% to 40.1%. Licensing fees are charged per vehicle, with marginal costs close to zero. The higher the proportion, the higher the gross profit.
This means Momenta is transforming from a company that earns development fees based on projects to a company that collects licensing fees based on installation volume. A net loss of RMB 3.458 billion on the books looks scary, but RMB 2.843 billion of it is the change in fair value of preferred shares, a non-cash item that will disappear after listing conversion; stripping it out, adjusted loss narrowed from RMB 1.09 billion in 2023 to RMB 300 million in 2025, approaching break-even, and net cash outflow from operating activities dropped from RMB 1.069 billion to RMB 281 million.
Momenta's financial fundamentals are now those of a stable supplier.
Behind this curve lies the compound interest of engineering capabilities. It took Momenta two years to deliver the first 100,000 units; now it can complete 100,000 units in less than 40 days at the fastest. Model adaptation that required 400 people working for two years in 2022 can now be delivered by 10 to 50 people in three months.
Once the platform is standardized, new models no longer start from scratch. R&D personnel increased almost negligibly, and per capita output tripled in three years. This is also the reason it dares to say "The scale effect is stronger than chips". The marginal cost of software is zero; the more vehicles equipped, the thinner the cost spread, and the better the experience.
In terms of narrative, Momenta has also left rich imagination for the market. It is transforming from a "Smart Driving Tier 1" to a "Physical AI Company". With World Models as the foundation, it frames autonomous driving as the first scenario where Physical AI lands, extending to unmanned logistics, autonomous trucks, and even robots in the future.
Cao Xudong judges that eventually, this industry will leave only 2 to 3 companies in China and 3 to 4 globally, because autonomous driving is software with zero marginal cost, and scale effects are even stronger than chips.
This narrative has its basis. Autonomous driving is indeed one of the few physical AI scenarios that simultaneously possess real data, clear goals, scaled loops, and commercial revenue.
Viewed broadly, this is the first time a Chinese autonomous driving "third-party solution" has entered the global capital market with a volume of nearly USD 10 billion. Its pricing will become a reference for the entire industry chain.
Cao Xudong summarizes the core of Physical AI into two things: Data Scaling and Business Scaling, and the two feed each other positively. Autonomous driving is currently the only physical AI scenario that successfully implements both.
Momenta spun this flywheel with 900,000 mass-produced vehicles. What remains is time. It took AI ten years to climb to the GPT moment. Physical AI data is harder to obtain and the cycle is longer, but he believes that once it approaches human levels, transcendence will happen within one or two years.
The price the market gives today buys this time gap. Momenta has already proven itself to be a good business. What remains to be proven is whether it can convert the automotive smart driving supplier into a real Physical AI before the window closes.
喺馬來西亞嘅 SUV 市場，好多買家喺揀車嘅時候都會拿 Chery Tiggo 7 PHEV 同 Subaru Crosstrek 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個詳細對比，幫你省返做功課嘅時間。
Chery Tiggo 7 PHEV 喺馬來西亞嘅 OTR 售價係 RM 129,750 - 129,750，一共有 2 個版本，包括 2025 1.5T 90km CSH（RM 129,750）、Tiggo 7 PHEV 支持邊種充電方法？可以用家用電源插座充電嗎？（RM 117,478）等。
Subaru Crosstrek 喺馬來西亞嘅 OTR 售價係 RM 145,000 - 160,000，一共有 1 個版本，包括 2.0L e-Boxer（RM 150,000）等。
從價錢嚟睇，Chery Tiggo 7 PHEV 嘅入門價真係比 Subaru Crosstrek 平咗 RM 15,250。如果你預算有限，Chery 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，具體要睇你嘅需要。
Chery Tiggo 7 PHEV 配 Hybrid，170 匹馬力。官方油耗 4.5 L/100km。
Subaru Crosstrek 配 1.5L Turbo，140 匹馬力。官方油耗 7.0 L/100km。
動力方面，Chery Tiggo 7 PHEV 嘅 Hybrid 比 Subaru Crosstrek 嘅 1.5L Turbo 多咗 30 匹馬力，中段加速更有信心，尤其係跑高速超車嘅時候。不過 Subaru Crosstrek 嘅油耗表現可能更抵，日常市區通勤差別唔會太大。
Chery Tiggo 7 PHEV 嘅安全評級係 TBD，主動安全系統包括 Basic。
Subaru Crosstrek 嘅安全評級係 5★ (Euro NCAP)，主動安全系統包括 EyeSight。
安全配備方面，兩款車都拿到唔錯嘅評級。不過 Chery Tiggo 7 PHEV 嘅 Basic 同 Subaru Crosstrek 嘅 EyeSight 喺功能上有些差異，如果你比較看重主動安全嘅話，可以仔細對比下兩者嘅功能列表。
Chery Tiggo 7 PHEV 採用 FWD 驅動方式。
Subaru Crosstrek 採用 FWD 驅動方式。
兩款車嘅驅動方式一樣，都係 FWD，日常駕駛感受唔會有太大分別。
Chery Tiggo 7 PHEV 同 Subaru Crosstrek 都係馬來西亞市場嘅主流選擇，適合家庭使用、日常通勤。如果你更看重品牌口碑同二手價，可以優先考慮口碑更好嗰款；如果你更在意性價同配備，就揀配置更豐富嗰款。最後都建議兩款都去試駕，親身體驗先至最重要。
總體嚟講，Chery Tiggo 7 PHEV 同 Subaru Crosstrek 都係馬來西亞市場幾唔錯嘅車型。揀邊台，關鍵係睇你個人需求同預算。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。
喺馬來西亞嘅 SUV 市場，好多買家揀車都會拿 BMW X5 同 Mercedes-Benz GLB 做比較。呢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詳細比較，幫你節省做功課嘅時間。
BMW X5 喺馬來西亞嘅 OTR 售價係 RM 470,800 - 470,800，一共 3 個版本，包括 1.5L Standard（RM 86,300）、1.5L Executive（RM 95,300）、1.5L Premium（RM 103,300） 等。
Mercedes-Benz GLB 喺馬來西亞嘅 OTR 售價係 RM 299,888 - 352,888，一共 1 個版本，包括 Standard（RM 299,888） 等。
由價錢睇，Mercedes-Benz GLB 嘅起售價比 BMW X5 平咗 RM 170,912。老實講，喺呢個價位段，幾千蚊嘅差距其實唔算大，關鍵仲係睇整體嘅性價比同長期使用成本。
BMW X5 配備 3.0L Turbo，馬力 350 hp。官方油耗 12.0 L/100km。
Mercedes-Benz GLB 配備 2.0L Turbo，馬力 220 hp。官方油耗 9.5 L/100km。
動力方面，BMW X5 嘅 3.0L Turbo 比 Mercedes-Benz GLB 嘅 2.0L Turbo 多咗 130 匹馬力，中段加速更有信心，尤其係跑高速公路超車嗰陣。不過 Mercedes-Benz GLB 嘅油耗可能更抵，日常市區通勤差別唔會太大。
BMW X5 嘅安全評級係 5★ (ASEAN NCAP)，主動安全系統包括 ADAS (ACC, AEB, LKA, LDA, BSM, RCTA)。
Mercedes-Benz GLB 嘅安全評級係 5★ (Euro NCAP)，主動安全系統包括 Premium ADAS。
安全配備方面，兩款車都拿到唔錯嘅評級。不過 BMW X5 嘅 ADAS (ACC, AEB, LKA, LDA, BSM, RCTA) 同 Mercedes-Benz GLB 嘅 Premium ADAS 喺功能上有些差異，如果你比較睇重主動安全嘅話，可以仔細比較下兩者嘅功能列表。
BMW X5 保養 5 年/無限里程，保養間隔 每 10,000km 或 6 個月。
Mercedes-Benz GLB 保修 3 年/100,000km，保養間隔 每 10,000km 或 6 個月。
總體嚟講，BMW X5 同 Mercedes-Benz GLB 都係馬來西亞市場幾不錯嘅車型。揀邊一輛，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，花啲時間做功課絕對唔會錯。
喺馬來西亞嘅汽車市場，好多買家喺揀車嘅時候都會拿 Honda CR-V 同 Subaru Crosstrek 嚟做比較。今日我哋從多個方面做一個詳細嘅比較，幫你省下做功課嘅時間。
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。
Subaru Crosstrek 喺馬來西亞嘅 OTR 售價係 RM 145,000 - 160,000，一共有 1 個版本，包括 2.0L e-Boxer（RM 150,000）等。
從價錢嚟睇，Subaru Crosstrek 嘅起步價比 Honda CR-V 平咗 RM 33,200。實講，喺呢個價位段，幾千蚊嘅差距其實唔算大，關鍵仲係睇整體嘅性價比同長期使用成本。
Honda CR-V 採用 FWD 驅動方式。
Subaru Crosstrek 採用 FWD 驅動方式。
兩款車嘅驅動方式一樣，都係 FWD，日常駕駛感受唔會有太大分別。
Honda CR-V 保養 5 年/無限制里程，保養間隔 每 10,000km 或 6 個月。
Subaru Crosstrek 保養 3 年/100,000km，保養間隔 每 10,000km 或 6 個月。
Honda CR-V 同 Subaru Crosstrek 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款；如果你更在意性價比同配備，那就揀配置更豐富嗰款。最終都係建議兩款都去試駕，親身體驗先至最重要。
總嘅嚟講，Honda CR-V 同 Subaru Crosstrek 都係馬來西亞市場幾唔錯嘅車款。揀邊一輛，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，先去試駕先做最後決定。買車係件大事，花少少時間做功課絕對唔會錯。
