In the Malaysian SUV market, many buyers compare the Proton X70 and Chery Tiggo 8 when choosing a car. These two cars are quite close in price and positioning. Today, we will do a detailed comparison from multiple aspects to help you save 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 Chery Tiggo 8 in Malaysia is RM 129,750 - 129,750, with a total of 1 version, including 2026 1.6T Standard (RM 129,750), etc.
From a price perspective, the starting price of the Proton X70 is indeed RM 22,950 cheaper than the Chery Tiggo 8. If your budget is limited, Proton's entry-level version is enough to meet daily needs. However, be aware that the few thousand dollars saved might involve trade-offs in features, depending on your specific needs.

The Proton X70 is equipped with a 1.5L Turbo, with 140 hp. Official fuel consumption 7.0 L/100km.
The Chery Tiggo 8 is equipped with a 1.5L Turbo, with 140 hp. Official fuel consumption 7.0 L/100km.
Both cars use the same powertrain system, and the driving experience is basically the same. Fuel consumption is also similar, so no need to worry too much about this.

The Proton X70 safety rating is 5★ (ASEAN NCAP), active safety systems include ADAS (ACC, AEB, LKA, LDA, BSM, RCTA).
The Chery Tiggo 8 safety rating is TBD, active safety systems include Basic.
Regarding safety features, both cars have achieved good ratings. However, there are some differences in functionality between Proton X70's ADAS (ACC, AEB, LKA, LDA, BSM, RCTA) and Chery Tiggo 8's Basic. If you value active safety highly, you can compare the feature lists of both carefully.

Proton X70 body length 4400 mm, trunk 400 L.
Chery Tiggo 8 body length 4400 mm, trunk 400 L.
The dimensions of both cars are almost identical, and the interior space is not much different. For cars in this class, they are more than enough for daily use.
Proton X70 warranty 5 years/150,000km, maintenance interval every 10,000km or 6 months.
Chery Tiggo 8 warranty 3 years/100,000km, maintenance interval every 10,000km or 6 months.
Overall, both the Proton X70 and Chery Tiggo 8 are very good models in the Malaysian market. Choosing which one depends mainly on your personal needs and budget. We recommend doing your research, comparing quotes from multiple dealerships, and then test driving to make the final decision. Buying a car is a big matter, spending time on research will definitely not be wrong.

In 2026, China's intelligent automotive industry is undergoing a deep transformation from feature stacking to experience definition. The key benchmark for measuring its success lies in whether an interactive relationship beyond command input and with richer emotional temperature can be established between humans and vehicles. Whether it is human-machine interaction inside the cockpit or environmental communication outside the cockpit, the implementation of experience ultimately points to the same physical carrier: light.
When intelligent vehicles attempt to establish more natural and efficient communication between humans and machines, optoelectronic systems upgrade from traditional auxiliary components to core requirements that determine the upper limit of experience.
The direct projection of this change is reflected in two key points of two-way communication between humans and vehicles: one is the display interface where the vehicle conveys information to humans, and the other is the light-shadow projection interface where the vehicle expresses intent to the outside world. For the former, AR-HUD has moved from technical verification to mass production; for the latter, smart headlights have completed the extension from simple illumination to information projection and safety interaction.
Of course, under the current industry background, both application scenarios face the same underlying challenges: integration of optical systems, miniaturization, and automotive-grade reliability. This actually means that the logic of competition in in-vehicle optics has undergone a fundamental change—from comparing parameters of single devices to the integration capability contest of system-level optical solutions.
It is at this junction of industrial logic transition that Yipu Optoelectronics' recent strategic layout has taken the lead in providing a system-level implementation plan. This company, which started with freeform optics, not only completed the relocation of its headquarters within a few short months but also successively integrated Suzhou Longma Puxin and Jiangxi De Kai into its territory, consciously building a complete value chain covering optical design, core chips, optomechanical integration, and full-vehicle light-shadow interaction. Adopting the posture of a system integrator, it positions itself for a new round of industrial cycles.
Headquarters Relocation South: Anchoring New Industrial Coordinates for In-Vehicle Photoelectric
In December 2025, Yipu Optoelectronics completed its headquarters relocation. The new headquarters was established in the Nanxi High-tech Zone, Jinjiang, Fujian. Within the following months, Yipu Optoelectronics' R&D center and core production center were put into operation successively, and on July 28, the headquarters opening ceremony was officially held.

Image Source: Yipu Optoelectronics
For a national high-tech enterprise that was founded in 2018 (core technology accumulation can be traced back to the Tianjin University Micro-Nano Manufacturing Laboratory in 2005) and has deepened in Tianjin for many years, this headquarters relocation south was defined by Guo Yewu, Chairman of Yipu Optoelectronics (Fujian) Co., Ltd., as "a new strategic upgrade".
Currently, Yipu Optoelectronics has achieved complete technical accumulation in key fields such as freeform optical system design, ultra-precision optical component manufacturing and inspection, and optical performance measurement system integration. Moving such technical foundation from Tianjin to Jinjiang, Fujian, its strategic intent far exceeds spatial displacement at the geographical level, but is a strategic choice to re-anchor twenty years of technical accumulation at the industrial highland.

Image Source: Yipu Optoelectronics
The location value of Jinjiang lies in the superposition of multiple advantages.
Jinjiang not only has a complete electronic information and optoelectronic display industry cluster, but also pragmatic and efficient government services and the entrepreneurial spirit of "daring to fight and winning". Guo Yewu stated that Nanyi Xinchuang Port, as an important carrier of regional technological innovation, provides an ideal development platform for Yipu Optoelectronics.
After the headquarters settles in Jinjiang, it will undertake core R&D and operation management functions, forming a collaborative industrial matrix with overseas and domestic production bases and R&D, R&D sales centers located in Shenzhen, Fuyang, Tianjin, Lujiang, Wuhan, Wuxi, Pingxiang, Japan, Malaysia, etc., accelerating the group process of Yipu Optoelectronics. In addition, it is worth mentioning that as a famous hometown of overseas Chinese and a front line of opening up to the outside world, Fujian has natural policy and location advantages in going global, which also forms a high degree of strategic fit with Yipu Optoelectronics' globalization strategy being promoted.

Image Source: Gasgoo
Deeper considerations lie in the convenience of market supply.
Fujian is adjacent to the southern China automotive industry cluster and is the supply chain hinterland of many top new energy vehicle companies. Relocating the headquarters and core processing capabilities here, Yipu Optoelectronics has actually completed a "closer to the market, closer to innovation" strategic upgrade.
In the industrial context where the cycle of in-vehicle optical products is constantly compressed from R&D to mass production, this geographical embedding means faster customer response speed, tighter collaborative R&D rhythm, and lower logistics and communication costs. The overall innovation rhythm of the enterprise will also resonate more in frequency with the industry's iteration cycle.
Strategic Integration: Leap in System Capability by Connecting Points into Chains
If the headquarters relocation south solves the question of "where to compete", then the recent acquisition of Longma Puxin and De Kai better answers the core proposition of "what to compete with".
In May 2026, Yipu Optoelectronics announced the official launch of a strategic acquisition of Suzhou Longma Puxin Technology Co., Ltd. Longma Puxin was initiated by the Chinese Academy of Sciences and an international optics team, focusing on the R&D of MEMS display control chips, passive combiner chips, HUD optomechanics and micro-mirrors, etc. It has mature technology and product layouts in the fields of in-vehicle projection chips, optomechanical integration, and MEMS drive control.

Image Source: Yipu Optoelectronics
Longma Puxin's independently developed LBS (Laser Beam Scanning) MEMS laser scanning core technology has completed automotive-grade reliability and functional safety verification, marking that domestic MEMS optical scanning solutions have entered a new stage of in-vehicle mass production.
The strategic intent of this acquisition is very clear: control core chips upstream. LBS MEMS technology takes MEMS micro-mirrors as the core execution unit, combined with laser light sources and high-speed modulation algorithms, to achieve laser scanning imaging with small volume, low power consumption, no focusing, and high color gamut. Compared with traditional DLP and LCoS solutions, LBS MEMS has better shock resistance, temperature adaptability, and space utilization in harsh in-vehicle environments. For Yipu Optoelectronics, the MEMS chips and micro-mirror capabilities brought by Longma Puxin have enabled it to extend capabilities from optical components to core chips in the optoelectronic display field.
If acquiring Longma Puxin is "controlling upwards", then acquiring Jiangxi De Kai is "expanding downwards".
Recently, Yipu Optoelectronics officially announced the completion of the strategic acquisition of Jiangxi De Kai Auto Lighting Co., Ltd. De Kai has been deeply cultivating in automotive smart lighting for more than ten years, possessing the ability to independently develop full sets of vehicle lamp assemblies, mold development, and automated mass production delivery. Current customers cover more than ten mainstream automotive brands in China.
Yipu Optoelectronics had previously had product layouts in in-vehicle display such as HUD, in-vehicle projection, and out-vehicle projection headlights. The addition of De Kai has helped Yipu Optoelectronics achieve complete coverage in the field of full-vehicle headlights from cockpit display to external lighting, and the systematic competitiveness has undergone a qualitative improvement. As Guo Yewu stated, after this M&A, Yipu Optoelectronics became the only technology enterprise in China currently possessing full-link capabilities from display chips to display modules to display complete machines.
The synergies after the completion of the acquisition are worth deep analysis. Xu Feizhang, CEO of Yipu Optoelectronics (Fujian) Co., Ltd., introduced the actual value of this model to clients to Gasgoo: In the past, customers needed to communicate with multiple suppliers separately, and communication costs and management burdens were quite heavy. Now, Yipu Optoelectronics alone can complete the full-chain collaboration from chips to assemblies, and an internal communication meeting can coordinate the positioning and development of the entire product. This capability is not a simple capacity superposition, but directly responds to the dual demands of partners for delivery efficiency and cost control.
The rhythm of the two acquisitions was compact and the logic was clear — Longma Puxin solves the core chips and scanning technology of "seeing clearly", De Kai solves the out-vehicle light and shadow and mass production manufacturing of "lighting well". Superimposing on Yipu Optoelectronics' original freeform optical design and precision manufacturing capabilities, a full-stack in-vehicle optical capability system covering chips, optics, optomechanics, and full vehicles has already taken shape.
Lu Rui, President of Market Strategy of Yipu Optoelectronics (Fujian) Co., Ltd., further explained the unique value of this system from the perspective of competitive differentiation when interviewed by Gasgoo. After the merger and restructuring, from upstream chips to intermediate optical systems, to manufacturing and overall solutions, Yipu Optoelectronics has formed a complete differentiated layout. Many enterprises in the industry currently neither involve the chip layer nor sink to the bottom-layer optical manufacturing. In the case of missing both ends, even if single solutions can be provided, it is difficult to truly form comprehensive competitive advantages in the three dimensions of technology, processing, and cost. And the superposition of these capabilities is precisely where Yipu Optoelectronics occupies the initiative in the future industrial pattern.
In the past supply chain system, chips, optical devices, optomechanical systems, and full-vehicle applications belonged to suppliers at different levels, with gaps in technical connections and games of commercial interests between each other. When an enterprise can connect from upstream display chips to downstream full-vehicle light-shadow interaction, it gains capabilities extremely scarce in the existing supply system — defining products, optimizing costs, and accelerating iteration from a system-level perspective. This capability is becoming a key variable determining the upper limit of enterprises in the new era defined by experience vehicles.

Image Source: Yipu Optoelectronics
Redefining the Optical "Language" of Human-Vehicle Interaction
While continuously perfecting technical capabilities, Yipu Optoelectronics' understanding of in-vehicle optics is also deepening continuously. This deepening is not only reflected in the expansion of product lines but more in the systematic research and development of common industry problems and the forward-looking layout of future interaction forms.
From the perspective of industry trends, in-vehicle optics is currently at a key node where it transitions from optional configuration to core systems.
With the accelerated arrival of L3 autonomous driving, AR-HUD will provide more intelligent interaction, safety reliability and convenient entertainment scenario applications, and future market potential is expected to continue to be released. In the field of smart headlights, intelligent vehicle light technology such as million pixels has become a main product highlight on many domestic high-end new energy models. In the future, with the market penetration of this configuration, it will inevitably lead the acceleration of in-vehicle interaction and entertainment functions towards personalization and customizability. And in-vehicle projection is gradually becoming an important option for rear screens in mid-to-high-end models with advantages such as large screen format, multi-scenarios, and playability.
These trends all point to a core proposition: light is becoming the core interaction medium between cars and humans. In-vehicle light is expected to become a potential new growth curve for the automotive industry.
But the clarity of trends does not mean the path is smooth. Common problems facing the industry are still prominent: compatibility of safety and regulations, breakthroughs in technical barriers, balance of cost and performance, etc., are all realistic obstacles restricting the large-scale popularization of in-vehicle optics. Taking AR-HUD as an example, larger screen format, smaller volume, higher image quality are future development directions, but how to achieve these goals in limited in-vehicle space while meeting automotive-grade reliability requirements tests the system capabilities of every participant.
Of course, it is precisely in the face of these industry problems that Yipu Optoelectronics' full-stack capabilities highlight the value even more. Guo Yewu clearly pointed out that for people doing precision optics, there is no shortcut, only continuous innovation. "Cars are turning from original driving tools into a mobile home", Guo Yewu stated that after becoming a mobile home, vehicles need to provide more emotional value to guests. As a photoelectric display supplier, we need to continuously provide innovative products from display, sound, haptics and other aspects.
Yipu Optoelectronics is promoting a series of innovation directions. For example, on the car, Yipu Optoelectronics innovatively proposed ultra-short throw partition projection. While meeting user experience, it can also reduce volume and facilitate installation. Xu Feizhang demonstrated the underlying logic of this technology in the product exhibition hall — introducing the ultra-short throw display technology of laser TV into the car, not only achieving higher color gamut, brightness and resolution, but more importantly, the all-in-one design thoroughly solves the pain point of personnel walking and blocking the optical path in traditional projection solutions. Yipu Optoelectronics is also exploring another forward-looking application innovation — integrating LiDAR with digital smart headlights. Traditional LiDAR is installed on the car roof, not only is the shape abrupt, but it also faces safety hazards of inability to self-clean. Since headlights themselves possess mature self-cleaning functions, after embedding LiDAR into the headlight assembly, it can not only guarantee the all-weather reliability of the sensor but also significantly optimize the smoothness of the overall vehicle appearance.

Image Source: Yipu Optoelectronics
Using the latest technology and highest performance to meet the superior experience of terminal users on in-vehicle and out-vehicle display, as Guo Yewu said: "Only continuous innovation can move consumers and inject new vitality into this highly competitive industry."
Lu Rui supplemented Yipu Optoelectronics' differentiated thinking from the perspective of technical routes. In the past, Yipu Optoelectronics focused on optical component manufacturing, lens solutions and optomechanical system delivery, etc., more playing the role of a processing solution provider. With the completion of capabilities such as LBS MEMS chips, Yipu Optoelectronics has also become capable of outputting complete solutions such as micro-projection, ultra-short throw, and high-brightness direct projection in the consumer field, completing the positioning leap from a processing solution provider to a complete solution provider.
Behind this transformation is the re-upgrading of corporate value positioning, entering the higher-value system integration link, and possessing the ability to define product forms and interaction experiences.

Image Source: Yipu Optoelectronics
Summary:
Starting from freeform optics technology, to possessing full-link capabilities covering HUD, optical chips, headlights, etc., Yipu Optoelectronics has taken an evolutionary path from single-point technical breakthroughs to system capability construction. Behind it reflects not only the enterprise's keen grasp of optical technology generational substitution, but also a deep understanding of the underlying trend of the intelligent automotive industry moving towards experience definition.
The headquarters relocation south does not solve simple spatial displacement, but embeds R&D decisions, customer response, and supply chain collaboration into the industrial hinterland, making the enterprise's innovation rhythm and the industry's iteration cycle resonate more in frequency. The strategic integration of Longma Puxin and De Kai completes a complete optical ecology "puzzle", obtaining a capability combination extremely scarce in the existing in-vehicle optical supply system: from optical chips to optical components, from optomechanical systems to full-vehicle light-shadow interaction, all integrated into one, realizing independent and controllable core technologies, and building a unique industrial ecology advantage.
The current automotive industry has a consensus that the first half of intelligent vehicle competition revolves around "three-electric systems", competing in range and acceleration; the contest in the second half anchors on experience and interaction, and all experiences — whether navigation guidance projected by HUD, safety light carpets spread by headlights, or flowing ambient light shadows inside the cockpit — must ultimately be conveyed through light.
Whoever can achieve full-stack control from source to terminal in the light chain will possess the capability foundation to define the next generation of human-vehicle interaction. The "Chip-Optics-Optomechanics-Headlights" full-chain system constructed by Yipu Optoelectronics is precisely building the underlying base for this new era of photoelectric-defined experience that is arriving.
When the light chain extends from components to scenarios, and connects from inside the cabin to outside the cabin, what an enterprise can define is not only product parameters but also a completely new industry trend.

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幾接近,今日我哋就由多個方面做一個詳細嘅比較,幫你省咗做功課嘅時間。
寶騰 X70 喺馬來西亞嘅 OTR 售價係 RM 106,800 - 122,300,一嚿有 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 - 166,760,一嚿有 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。
由價錢睇,寶騰 X70 嘅起步價確實比馬自達 CX-5 平咗 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求。但要留意,平嗰幾千蚊,可能喺配備上會有取捨,具體睇你嘅需求。

寶騰 X70 搭載 1.5L Turbo,馬力 140 hp。官方油耗 7.0 L/100km。
馬自達 CX-5 搭載 1.5L Turbo,馬力 140 hp。官方油耗 7.0 L/100km。
兩款車用住同一套動力系統,日常開起嚟嘅感受基本冇分別。油耗方面都幾差不多,唔使太糾結呢一點。

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,日常駕駛感受唔會有太大區別。

寶騰 X70 保修 5 年/150,000km,保養間隔 每 10,000km 或 6 個月。
馬自達 CX-5 保修 5 年/150,000km,保養間隔 每 10,000km 或 6 個月。
兩款車嘅保修條件一樣,呢方面唔使糾結。實際保養成本仲要睇品牌嘅服務網絡同零件價格,建議去車友群問問真實車主嘅經驗。
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,那就選配置更豐富嗰款。最後仲係建議兩款都去試駕,親身體驗先係最重要嘅。
總嘅嚟講,寶騰 X70 同馬自達 CX-5 都係馬來西亞市場幾唔錯嘅車款。揀邊一部,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。

喺馬來西亞嘅 SUV 市場,好多買家喺揀車嗰陣都會拿 Proton X70 同 Honda HR-V 嚟做比較。
Proton X70 喺馬來西亞嘅 OTR 售價係 RM 106,800 - 122,300,合共有 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 HR-V 喺馬來西亞嘅 OTR 售價係 RM 115,900 - 143,900,合共有 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。
從價錢嚟睇,Proton X70 嘅起步價確實比 Honda HR-V 平咗 RM 9,100。如果你預算有限,Proton 嘅入門版已經可以滿足日常需求。但都要留意,便宜嗰幾千蚊,喺配備方面可能會有些取捨,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 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。而家嘅新車安全性都唔差,唔使太擔心呢一點。

Proton X70 保修 5 年/150,000km,保養間隔每 10,000km 或 6 個月。
Honda HR-V 保修 5 年/無限制里程,保養間隔每 10,000km 或 6 個月。

Proton X70 同 Honda HR-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,嗰就揀配備更豐富嗰款。最終都建議兩部車都去試駕,親自體驗先係最重要嘅。
總嚟講,Proton X70 同 Honda HR-V 都係馬來西亞市場幾唔錯嘅車型。揀邊一輛,關鍵都係要睇你嘅個人需求同預算。建議大家做足功課,多比較幾間車行嘅報價,再嚟試駕先至做最終決定。買車係一件大事,花少少時間做功課絕對唔會錯。

In the Malaysian SUV market, many buyers compare Perodua Aruz and MG MG HS when choosing a car. These two cars are quite close in price and positioning. Today we will make a detailed comparison from multiple aspects to help you save time on research.
Perodua Aruz OTR price 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.
MG MG HS OTR price in Malaysia is RM 130,450 - 146,450, with a total of 2 versions, including 1.5L Standard (RM 105,000), 1.5L Executive (RM 115,000), etc.
In terms of price, Perodua Aruz's starting price is indeed RM 57,550 cheaper than MG MG HS. If your budget is limited, Perodua's entry-level version can already meet daily needs. However, note that the few thousand difference might involve trade-offs in equipment, depending on your specific needs.

Perodua Aruz safety rating is 5★ (ASEAN NCAP), active safety systems include .
MG MG HS safety rating is TBD, active safety systems include Basic.

Perodua Aruz body length 4400 mm, trunk 400 L.
MG MG HS body length 4400 mm, trunk 400 L.
The dimensions of the two cars are almost the same, the interior space difference is not significant. Cars in this class are fully sufficient for daily use.

Perodua Aruz adopts FWD drive mode.
MG MG HS adopts FWD drive mode.
The drive mode of the two cars is the same, both are FWD, daily driving experience will not have much difference.
Overall, Perodua Aruz and MG MG HS are both quite good models in the Malaysian market. Which one to choose mainly depends on your personal needs and budget. It is recommended to do your research, compare quotes from multiple dealerships, and then go for a test drive to make a final decision. Buying a car is a major matter, spending some time on research will never be wrong.

In the Malaysian SUV market, many buyers compare Perodua Aruz and Honda WR-V when choosing a car. These two cars are quite close in price and positioning. Today we will make a detailed comparison from multiple aspects to help you save time on research.
Perodua Aruz OTR price 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.
Honda WR-V OTR price in Malaysia is RM 89,900 - 107,900, with a total of 4 versions, including 2023 1.5L V (RM 99,900), 2023 1.5L E (RM 95,900), 2023 1.5L S (RM 89,900), etc.
In terms of price, the entry price of Perodua Aruz is indeed RM 17,000 cheaper than Honda WR-V. If your budget is limited, the entry-level version of Perodua can already meet daily needs. However, also note that the savings of a few thousand may involve trade-offs in features, depending on your specific requirements.

Perodua Aruz is equipped with 1.5L 4-cyl, 105 hp. Official fuel consumption 6.0 L/100km.
Honda WR-V is equipped with 1.5L 4-cyl, 105 hp. Official fuel consumption 6.0 L/100km.
Both cars use the same powertrain, and the driving experience in daily use is basically the same. Fuel consumption is also similar, no need to worry too much about this.

Perodua Aruz safety rating is 5★ (ASEAN NCAP), active safety systems include .
Honda WR-V safety rating is 5★ (ASEAN NCAP), active safety systems include Honda SENSING.
Both cars have the same safety rating, safety features in this class are considered quite complete. New cars nowadays have good safety, no need to worry too much about this.

Perodua Aruz body length 4400 mm, trunk 400 L.
Honda WR-V body length 4400 mm, trunk 400 L.
The dimensions of both cars are almost the same, interior space difference is not large. For this class of cars, daily use is completely sufficient.

Perodua Aruz warranty 5 years/150,000km, maintenance interval every 10,000km or 6 months.
Honda WR-V warranty 5 years/unlimited mileage, maintenance interval every 10,000km or 6 months.

In general, Perodua Aruz and Honda WR-V are both very good models in the Malaysian market. Which one to choose, the key depends on your personal needs and budget. We suggest doing research well, comparing quotes from several car dealerships, and then test driving to make a final decision. Buying a car is a big matter, spending some time on research will never be wrong.


港交所網站掛出一咗一份熟悉嘅招股書。
5 月 28 日,繼去年 10 月首次遞表失效後,智能駕駛解決方案提供商蘇州天瞳威視電子科技股份有限公司(天瞳威視)再次向港股主板發起重衝,由匯豐及華泰國際聯席保薦。

喺智能駕駛賽道從「講故事」轉向「拼量產」嘅 2026 年,天瞳威視嘅二次遞表唔單止係一次資本試探,更係一場關於中國智駕供應商生存現狀嘅集中檢閱。
呢間被認為係「算力效率派」代表嘅公司,一邊連住從采埃孚到上汽、北汽嘅豪華產業資本陣營,一邊卻面臨住現金流緊繃、海外明顯回落嘅現實困境。喺呢場 IPO 嘅博弈中,光鮮同陣痛並存。
01
邊個係「天瞳威視」?
天瞳威視嘅創辦人王曦係一位典型嘅「回國」技術派。佢畢業於北京航空航天大學,後喺英國雷丁大學攻讀計算機科學博士學位。
喺決定創業之前,王曦曾經喺汽車零部件供應商天合汽車(TRW)及采埃孚擔任算法工程師同技術負責人,深度參與咗早期 ADAS 系統嘅開發。
2016 年,王曦捕捉到國內汽車智能化嘅風口,回國喺蘇州創立咗天瞳威視,定位係「以軟件算法驅動智能駕駛」嘅本土解決方案提供商。
公司嘅名字「天瞳」寓意「天之眼」,意在打造車輛感知萬物嘅視覺中樞。佢從最初嘅視覺感知算法起步,逐步擴展至行泊一體域控制器、L4 級自動駕駛系統等軟硬件結合嘅整體方案。

天瞳威視融資情況。資料來源:企查查
成立後不久,天瞳威視就獲得德聯資本、盛世投資嘅天使輪融資。此後十年時間,天瞳威視累計完成咗超過 10 輪融資,融資總額近 10 億元。
從招股書披露嘅股權結構嚟睇,天瞳威視構建咗深度綁定嘅「產業 + 資本」生態圈。
一方面,產業夥伴站台,全球汽車零部件巨頭采埃孚唔單止係其 C 輪領投方,亦係其戰略合作夥伴,持有天瞳威視 6.93% 嘅股份,位列第四大股東;國內方面,上汽集團通過上汽北美產投持股,北汽集團通過北汽產投佈局其中,地平線同商湯科技亦係戰略投資者。
另一方面,地方國資護航,唐山機器人基金、吳中金控等國資背景基金喺 D 輪及 D+ 輪入場,提供咗約 5.23 億元嘅資金支持。

截至最後實際可行日期股權架構
截至目前,王曦透過直接持股同員工持股平台合共控制公司約 40.84% 嘅權益,依然保持住對公司嘅控制權。
02
「兩條腿」行路
天瞳威視喺業務佈局上採取咗「雙軌並行」嘅策略。

喺 L2-L2+ 級輔助駕駛領域,天瞳威視嘅選擇非常務實。佢並冇盲目追逐算力堆疊嘅「軍備競賽」,而係走咗一條高性價比路線。
作為典型嘅視覺派智駕供應商,佢喺 L2 量產方案上以視覺感知為主,融合毫米波雷達同超聲波雷達,能夠喺較低算力平台上實現高級功能。例如,基於地平線 J6B 芯片(約 20TOPS)嘅方案即可支持行泊一體、高速 NOA。
呢種打法擊中咗 10 萬 -20 萬級主流車款對成本敏感嘅痛點。根據灼識諮詢嘅數據,按 2024 年裝機量計,天瞳威視係中國第二大同時提供行車同泊車解決方案嘅以軟件為核心嘅 L2-L2+ 級方案提供商,市場份額為 14.3%。

2024 年中國具備行泊一體能力嘅以軟件為核心供應商格局
截至最後實際可行日期,天瞳威視獲得 23 個汽車品牌嘅 198 款車款嘅 L2-L2+ 級解決方案定點函,並實現 6 個汽車品牌嘅 105 款車款嘅量產;獲得定點函嘅 198 款車款中有 87 款覆蓋海外市場,其中 59 款已實現量產。
但值得注意嘅係,L2-L2+ 市場正在經歷劇烈嘅「紅海化」。
一方面,經緯恆潤、福瑞泰克等本土 Tier1 正在加速追趕;另一方面,部分頭部車廠開始將低階智駕方案從外購轉為內部集成。
天瞳威視能否維持佢喺「性價比方案」領域嘅領先地位,取決於佢能否持續保持算法對低算力平台嘅優化能力,而這需要喺研發投入上持續加碼。

喺高級 L4 級自動駕駛領域,天瞳威視更多扮演「先鋒」角色。這亦係佢近兩年增長最快嘅板塊。
早在 2019 年,佢就參與咗上海洋山港嘅 5G 智能重卡項目。目前佢嘅 L4 方案覆蓋 Robobus、Robotaxi 同 Robotruck。其中,Robobus 係佢最具代表性嘅產品線,已喺蘇州、天津等城市嘅公開道路投入常態化試營運。
2025 年,天瞳威視從 L4 級解決方案產生收入 3.75 億元,佔公司總收入嘅 68% 以上,大部分收入來自 L4 級軟件解決方案。
然而,硬幣嘅另一面係商業化嘅曲折。雖然 L4 業務營收暴增,但佢嘅交付形態目前以「軟硬件一體解決方案」為主,呢種模式本質上接近「項目制交付」或「小規模車隊部署」,與 L2 業務中「純軟件授權 + 白盒交付」嘅高毛利、大規模複製邏輯存在顯著差異。
呢就直接導致 L4 業務毛利率嘅大幅波動:喺部分自研硬件佔比较高嘅項目中,毛利率一度低至 15%。

截至遞表日,公司雖手握超 10 億元嘅 L4 意向訂單,涵蓋 2500 架車,但呢啲訂單預計要喺未來三至五年內先會陸續交付,短期內對現金流嘅改善作用有限。
此外,天瞳威視仲有部分應收來自工程服務,主要涉及道路測試、數據收集支援及數據標註服務以及公司嘅專有工具鏈。
03
財務嘅雙面鏡
招股書嘅財務部分,展現咗智駕行業最真實嘅「B 面」:規模同虧損嘅極限拉扯,同埋賬面現金同營運消耗之間嘅緊張博弈。

營收高增長,但結構劇烈波動。
財務數據顯示,公司嘅營收呈現爆發式增長,從 2022 年嘅 1.72 億元增長至 2024 年嘅 4.83 億元,複合年增長率高達 67.7%。2025 年全年營收進一步增長至 5.5 億元。
但收入結構嘅變化明顯。2023 年,公司依賴 L2-L2+ 業務,佔比 90.2%;去到 2024 年,L4 業務佔比升至 50.2%;2025 年,L4 業務佔比進一步拉高至 68%。呢種「斷崖式」嘅結構切換,雖然證明佢 L4 技術搵到咗落地場景,但亦令市場質疑佢 L2 業務係咪已觸及天花板。
毛利率同純利潤嘅背離,呢係天瞳威視面臨嘅最大挑戰。
從毛利睇,整體毛利率喺 30% 左右徘徊,喺呢個技術密集型嘅智駕行業屬於中等水平。但細拆睇嚟,L2-L2+ 業務嘅毛利率通常能維持喺 40% 以上,純軟件授權模式,而 L4 業務嘅毛利率則因「軟硬件一體」交付中硬件佔比提高而被顯著拉低。
從純利潤睇,雖然表面虧損額較大,2024 年虧損 4.63 億、2025 年虧損約 2 億,呢度包含大量因優先股公平值變動帶來嘅「紙面虧損」。剔除呢個因素後嘅經調整純利潤更能反映公司嘅真實經營狀況:2024 年已收窄至 -438 萬元,但 2025 年並未如市場預期實現轉正,而係錄得約 -1086 萬元,虧損較 2024 年有所擴大。
呢個背後有一個不可回避嘅關鍵前提:調整後嘅「減虧」乃至「接近盈虧平衡」,係喺公司持續壓縮研發投入嘅基礎上實現嘅,研發費用從 2024 年嘅 1.17 億元降至 2025 年嘅 9231 萬元,研發費用率從 2024 年嘅 24.3% 進一步降至 16.8%,而 2022 年呢個數字曾高達 108.7%。對於一家科技公司嚟講,研發強度嘅「退坡」是否會影響未來嘅技術護城河,係一個潛在風險點。
現金流持續告急,最令人擔憂嘅信號。
根據最新招股書,截至 2025 年 12 月 31 日,公司賬上嘅現金及現金等价物為 2.35 億元,較 2025 年 6 月 30 日嘅 3.74 億元淨減少 1.39 億元,現金消耗速度較快。

更值得警惕嘅係經營現金流由正轉負且缺口持續擴大嘅趨勢。2023 年,公司經營活動現金流淨額為正向流入 1.15 億元,但 2024 年迅速轉為淨流出 1.89 億元,2025 年進一步惡化至淨流出 2.93 億元。
與此同時,應收賬款周轉急劇惡化。公司嘅貿易應收款項從 2023 年嘅 0.89 億元升至 2025 年嘅 5.48 億元,三年增長超過五倍,而同期營收增幅僅約 2.7 倍。
更令人擔憂嘅係應收款項周轉天數從 2023 年嘅 191 天同 2024 年嘅 166 天,到 2025 年驟升至 300 天,意味著公司從完成交付到收回款項平均需要接近一年時間。呢相當於變相為客戶提供長期無息墊資,喺資金本就緊張嘅情況下進一步加劇咗流動性壓力。

此外,雖然天瞳威視係首家出海嘅中國智駕軟件供應商,但 2025 年佢嘅海外業務遭遇咗明顯回落。2023 年天瞳威視海外收入為 1.27 億元,佔總營收比重達到 62.2%;到 2025 年海外收入降至 1100 萬元,佔比僅 2.0%。
喺而家全球地緣政治複雜、部分國家對智能汽車數據監管趨嚴嘅背景下,為佢嘅全球化故事增添咗一絲不確定性。
04
結語
天瞳威視嘅二次闖關,係智能駕駛行業進入「淘汰賽」階段嘅一個縮影。
從好嘅方面睇,佢踩準咗 L2 性價比同 L4 場景化落地嘅雙重節奏,且經調整純利潤喺特定口徑下已接近盈虧平衡,呢啲都畀投資者提供咗「有亮點可講」嘅故事線。
但從風險嘅角度睇,情況遠比首次遞表時更為嚴峻。業務重心嘅急速漂移、L4 業務商業化初期嘅盈利磨難、研發投入嘅被動收縮,呢啲此前就已存在嘅問題並未緩解。

天瞳威視 L4 級智能巴士
而真正令此次 IPO 帶「求生」色彩嘅,係現金流數據嘅實質性惡化:2.35 億元嘅賬面現金,面對每年近 3 億元嘅经营性現金淨流出,安全邊際已不足一年。疊加 300 天嘅應收賬款周轉天數,意味著公司每交付一筆訂單,都要墊付近一年嘅資金成本。
換言之,天瞳威視正處喺一個危險嘅財務窗口期:賬上嘅錢僅夠維持唔足一年嘅正常運作,而 L4 業務嘅大規模交付同回款卻需要更長時間。喺呢個智駕資本熱潮退去、一級市場融資邊際收緊嘅時刻,公司已冇太多等待嘅餘地。
首次遞表失效後僅隔半年便再次衝擊港股,對天瞳威視而言,與其話係戰略選擇,唔如話係現金倒逼下嘅必然之舉。

車型概覽

積架F-PACE 值唔值得睇,第一步唔係望牌子或者外形,而係睇佢能唔能夠配合你嘅香港日常。 呢篇會集中講整體購車判斷,幫你用買家角度篩走唔適合嘅選擇。
售價仍待確認,買家可以先把佢放入候選名單,等價格落實後再同同級車逐項比較。
購車價格指南
積架F-PACE 目前售價仍未清晰,較理性嘅做法係先睇版本、車身大小同動力形式,等價格落實後再決定值唔值得落訂。
如果有幾個版本可揀,可以先將 2022 5.0L SVR(價格待確認) 放喺同一張清單。日常通勤重視舒適同易用,家庭買家就要優先睇後排、尾箱同安全配置。
核心規格重點

睇 積架F-PACE 嘅規格,重點唔係背數字,而係理解佢喺香港用車場景會帶嚟咩分別。
積架F-PACE 現階段最值得留意係車型定位同版本方向,詳細取捨應該等價格同規格更清楚再作決定。
優缺點分析
積架F-PACE 嘅優點唔需要講到天花龍鳳,真正有價值係佢能唔能夠令日常用車更省心:車型定位清楚,適合作為同級比較起點。
要留意嘅係,要先確認屋苑、公司或常去商場嘅充電條件、售價未清晰前唔應該太早用性價比落結論。呢啲唔一定係缺點,但係落訂前應該先諗清楚。
買家常見問題
買 積架F-PACE 之前,真正要問嘅唔係單一規格,而係佢可唔可以融入你每日嘅生活節奏。
常見疑問係「Jaguar F-PACE 喺香港賣幾錢?」簡單講,汽油版 Jaguar F-PACE 喺香港嘅售價大約由港幣 $800,000 起。 放到實際用車,就係要睇佢對通勤、泊車、家庭乘坐同長期成本有幾大幫助。
同級對比內容
將 積架F-PACE 放入同級車清單時,唔建議只用外形或者品牌光環決定。比較順序可以係:先等售價落實,再決定佢應該同邊個級距比較。
咁樣篩選會貼近香港買家真實生活:平日塞車、商場泊車、周末去新界、甚至一家人出入,先係一部車每日要面對嘅考驗。
用車全周期指南

擁有 積架F-PACE 最重要係先諗清楚充電節奏。屋苑、公司或者常去商場只要有穩定充電選項,電動化用車就會容易相處好多。
如果你主要喺市區行,視野、低速順滑度同泊車輔助會好影響心情;如果經常行高速或跨區,座椅舒適度、隔音同動力從容感會更重要。

2025 年全球摩托車銷量約 6520 萬輛,市場規模預計 2030 年接近 1800 億美元。

銷量最大區域依次為印度(約 2050 萬~2070 萬輛)、東盟五國(印尼、越南、泰國、菲律賓、馬來西亞,合計約 1316 萬輛)、中國內銷(860.2 萬輛)和拉美(約 586 萬輛)。
印度和東南亞以 100~150cc 小排量通路車為主,歐美偏好中大排量街車、旅行車及巡航車。

全球保有量超六成集中在印度、印尼、中國、越南四國。印度存量約 2.21 億輛,印尼約 1.25 億~1.30 億輛,中國登記約 1.0 億輛,越南約 7200 萬~7700 萬輛。
品牌格局呈“亞洲主導銷量、歐美壟斷高端”。

日系四大家(本田、雅馬哈、鈴木、川崎)占全球近半數份額,霸占東南亞及拉美通路車市場;印系(Hero、Bajaj、TVS)統治南亞及非洲低端代步;歐系(寶馬、杜卡迪、KTM)與美系哈雷佔據高淨值樂玩市場。
中國市場特點與電動化衝擊
中國內銷占全球 13%~14%,計入出口後產量占全球約 30%,是全球第一製造與出口國。
受近 200 城禁限摩壓制,城區通勤被電動兩輪大量替代(一二線城市電動兩輪滲透率超 75%,全國綜合電動化率超 70%),燃油通路車內銷承壓,2025 年燃油摩托車國內銷售約 514.49 萬輛,同比下降 6.18%。但 250cc 以上樂玩車型逆勢增長:2025 年銷量 95.23 萬輛,同比增長 25.87%,近三年 CAGR(複合年增長率)超 20%,仿賽、復古、ADV 走俏,消費屬性轉向休閒社交。
燃油摩托受電動衝擊最顯著市場是中國和越南。中國城區基本完成“油轉電”;越南電摩新註冊佔比快速升至 13%~22%,是東南亞油摩替代最快市場。
中國企業全球真實地位與競爭力評估
不必妄自菲薄
中國擁有全球最完整的摩托車產業鏈。2025 年整車出口 1336.57 萬輛,出口額 88.5 億美元,出口量占全球貿易量的重要份額,是亞非拉小排量通路車的核心供應方。
豪爵、隆鑫、宗申以性價比和可靠性在拉美、非洲建立了穩固基盤;春風動力、錢江摩托(QJMOTO)、無極在中大排量領域持續追趕,250cc 以上車型出口同比增長超 50%,無極歐洲銷量突破 8 萬台(同比 +89.35%),春風動力在歐洲全地形車市場佔據領先地位,其摩托車業務也在部分歐洲國家實現 5%~10% 的市佔率。國內中大排市場國產品牌佔比超 80%,已明顯擠壓進口大貿份額。賽事領域(WSBK、達喀爾)也開始出現中國車隊身影,凱越車隊在 2025 年達喀爾取得第 15 名,張雪機車在 WSBK 取得五連冠。
出口均價持續提升,自主品牌出海佔比據行業估算已接近 50%,產業正從“代工走量”向“技術 + 品牌出海”過渡。
也不可夜郎自大
中國摩托車全行業前十強淨利潤總和,仍不及本田一家摩托車業務的利潤,仍處於“大而不強”階段。
核心短板有三點。
第一,研發投入懸殊。
本田單年摩托車業務研發費用超過中國全行業摩托研發總投入,導致發動機熱效率、耐久性、NVH 等底層技術仍存代差。250cc 以上大排量發動機完全自研率不足 30%(近年張雪機車等新銳品牌已實現核心部件 100% 自研,但尚未改變行業整體格局)。
第二,核心電控依賴外資
電噴系統、ABS、TC、IMU 等高端電控仍高度依賴博世、電裝等外資供應商,核心零部件話語權較弱。
第三,品牌積澱淺,海外網絡不完善
品牌溢價遠低於日系、歐系。早期低價惡性競爭曾致中國摩托車在東南亞市佔率从 90% 跌至約 1%(近年有所回升,但重建信任仍需時間)。在日系主場(日本本土、泰國)和北美巡航車市場,中國品牌幾乎無存在感。
中國企業是全球無可替代的製造基石和通路車出口主力,中大排量正成為第二增長曲線,並在歐美初露鋒芒,電摩產業鏈也具備先發優勢。但與日系巨頭相比,在核心技術掌控力、全球品牌溢價、全周期盈利能力上,仍有 5~10 年差距。未來能否突破電控與大排發動機自研瓶頸、建立海外售後服務體系,將決定中國摩托車是從“世界工廠”升格為“全球品牌”,還是長期停留在低毛利代工角色。
在當前通路車電動化、樂玩車大排量化、產品智能聯網化成為摩托車行業趨勢時,中國摩企提高研發能力,發揮生態優勢,融入全球市場才是王道。

車型概覽

五菱宏光Plus 值唔值得睇,第一步唔係望牌子或者外形,而係睇佢能唔能夠配合你嘅香港日常。 呢篇會集中講同級車比較,幫你用買家角度篩走唔適合嘅選擇。
售價仍待確認,買家可以先把佢放入候選名單,等價格落實後再同同級車逐項比較。
購車價格指南
五菱宏光Plus 目前售價仍未清晰,較理性嘅做法係先睇版本、車身大小同動力形式,等價格落實後再決定值唔值得落訂。
如果有幾個版本可揀,可以先將 2021 1.5L 手動版(價格待確認)、2021 1.5T 手動版(價格待確認) 放喺同一張清單。日常通勤重視舒適同易用,家庭買家就要優先睇後排、尾箱同安全配置。
核心規格重點

睇 五菱宏光Plus 嘅規格,重點唔係背數字,而係理解佢喺香港用車場景會帶嚟咩分別。
自然進氣 / 渦輪增壓、4 個 汽缸、1485/1451 mL 排量 嘅動力底子,重點係市區跟車夠唔夠順、高速巡航會唔會吃力。 99 Ps / 73 kW / 147 Ps / 108 kW、140/250 N·m 嘅輸出,對滿載、上斜同超車都比單睇馬力數字更有意思。 車長 4720 mm、車闊 1840 mm、車高 1810 mm、軸距 2800 mm 可以幫你預判商場停車場、屋苑車位同後排腿部空間。 手動(MT)、前置後駆 會影響起步順滑度、濕地穩定感同長途巡航性格。
優缺點分析
五菱宏光Plus 嘅優點唔需要講到天花龍鳳,真正有價值係佢能唔能夠令日常用車更省心:動力輸出對高速同上斜更有底氣、空間同車身尺寸方便家庭買家預判實用性。
要留意嘅係,香港停車場同窄路使用要留意車身闊度、售價未清晰前唔應該太早用性價比落結論。呢啲唔一定係缺點,但係落訂前應該先諗清楚。
買家常見問題
買 五菱宏光Plus 之前,真正要問嘅唔係單一規格,而係佢可唔可以融入你每日嘅生活節奏。
常見疑問係「五菱 宏光Plus 喺香港買唔買到?」簡單講,目前 五菱 宏光Plus 仲未喺香港正式開售。 放到實際用車,就係要睇佢對通勤、泊車、家庭乘坐同長期成本有幾大幫助。
同級對比內容
將 五菱宏光Plus 放入同級車清單時,唔建議只用外形或者品牌光環決定。比較順序可以係:先等售價落實,再決定佢應該同邊個級距比較、再睇動力係咪足夠應付高速併線同滿載、最後睇車身大小、座位同尾箱是否適合家人。
咁樣篩選會貼近香港買家真實生活:平日塞車、商場泊車、周末去新界、甚至一家人出入,先係一部車每日要面對嘅考驗。
用車全周期指南
擁有 五菱宏光Plus 唔係買車一刻就完結,之後仲有保險、輪胎、保養、泊車同日常能源成本要處理。
如果你主要喺市區行,視野、低速順滑度同泊車輔助會好影響心情;如果經常行高速或跨區,座椅舒適度、隔音同動力從容感會更重要。


講起國產汽車品牌,相信唔少人對佢哋嘅印象,可能仲係停留喺主銷普通家用车嘅階段。不過呢已經係幾年前的老皇曆,要知道而家嘅國產汽車品牌,唔單止喺國內市場壓住合資品牌打,甚至仲喺高端化、海外出口等多個賽道上,對外國汽車品牌實現反超,好似我哋而家要講嘅吉利汽車。

增長勢頭領先行業
根據官方公佈嘅最新數據,吉利汽車喺5月嘅累計銷量為237637輛,連續3個月同環比雙增長,並以穩定增速同亮眼成績實現領跑市場大盤。然而相對於呢個表現已經非常優秀嘅總成績,好多識行的人睇完吉利汽車旗下各個品牌嘅銷量成績後,就會驚嘆佢嘅含金量亦都越來越高。

眾所周知,汽車市場最难搞嘅市場有兩個,分別係豪華高端市場同海外出口市場。
我哋就拿吉利汽車嚟講,佢旗下嘅「全球豪華科技品牌」——極氪汽車,5月交付量達到34377輛,同比增長81.8%、環比增長8.1%,連續四個月實現同環比雙增長,車均成交價亦都同比增長52.4%。更為令人震驚嘅係,售價高達四十到五十萬嘅極氪9系、8系,銷量佔比竟然高達近50%!

不止於此,吉利汽車旗下嘅「全球新能源高端品牌」——領克汽車,5月銷量亦都高達20732輛,當中新能源車型銷量佔比達70.8%,並且品牌累計銷量亦已突破180萬輛。由此可見,吉利汽車嘅高端車型,唔單止憑藉出色嘅產品力獲得咗大量消費者嘅認可,仲喺品牌層面完成咗量價齊升嘅轉變。

當然啦,作為國內無可爭議嘅龍頭車廠,吉利汽車嘅目光唔再局限喺國內市場,佢選擇走出国门去挑戰難度更高嘅海外市場。唔係咩,5月就憑藉85144輛嘅海外出口成績,創下出海銷量新高紀錄。唔該提一提,吉利汽車各品牌喺海外嘅熱銷產品,亦多為高端或新能源車型。

例如,極氪已經進入50多個國家同地區,極氪7X全球累計交付量超過16萬輛;吉利銀河星艦7 EM-i ,3-4月蟬聯哈薩克斯坦新能源插混SUV銷量冠軍;吉利銀河E5,一季度蟬聯澳洲、阿根廷、阿聯酋、摩洛哥、烏拉圭純電SUV-C市場銷量冠軍,穩居巴西、烏茲別克斯坦、印尼新能源純電SUV-C車型前三!

硬核實力鑄就輝煌
好明顯,無論係迅猛嘅銷量增長態勢,定係喺新能源、高端市場同海外市場嘅熱銷,都離唔開硬實力作為支撐。我哋就拿作為中國汽車運動第一品牌嘅領克汽車嚟講,佢甚至頂尖技術唔可以只停留喺宣傳層面,而係要去賽道上拚先至證明實力,因此佢喺唔久前就宣佈攜03+TCR賽車、03++賽車、03CUP EVO三款賽車,同步參與TCR China、CTCC中國杯同領克杯三大赛事。

擁有硬實力嘅領克汽車,自然都唔怕高難度嘅檢驗,03+ TCR賽車喺TCR China兩回合正賽中,憑藉硬核嘅性能實力斬獲4冠1亞2季嘅成績;喺CTCC中國杯中,領克縱橫車隊更加斬獲2冠2亞1季嘅成績。同時,喺2026賽季FIA TCR世界巡迴賽揭幕戰中,吉利中國星車隊(Geely Cyan Racing)嘅星瑞TCR賽車,亦喺正賽強勢奪冠並帶回歷史上頭一次勝利,這唔單只意味著星瑞TCR已具備世界級競爭力,仲標誌住吉利中國星車隊正式完成咗吉利汽車運動新時代嘅第一篇章。

同時,喺智能化同安全等技術層面,傳承吉利同沃爾沃安全底蘊嘅千里浩瀚,一年輔助駕駛里程增長215%,以增速第一實現領跑全行業。喺唔久前嘅Euro NCAP官方測試中,吉利銀河星艦7 EM-i(Geely STARRAY EM-i),更加喺法國UTAC試驗室成功完成咗超標雙側連環極限碰撞測試,這既直觀印證咗吉利領先嘅整車安全技術同成熟嘅體系化安全實力,又為中國汽車安全技術走向國際、參與全球行業標準,打下咗堅實嘅根基!

大俠車談:相信好多人睇完吉利汽車嘅銷量數據後,腦海中就會浮現「佢都太全面嘅」嘅讚賞,畢竟能夠同時喺新能源、高端化、海外出口,仲有喺賽道上皆斬獲亮眼成績嘅車企,唔好話喺自主品牌呢個圈子內,就算係全球汽車行業中,都搵唔幾間車企能夠同時做到這些!

兄弟姐妹們,今日講一個出海嘅大新聞——唔係賣車,係賣「司機」。6 月 2 號,文遠知行同 Uber 聯合宣佈咗一件事:計劃喺西班牙馬德里推出該國首個商業化 Robotaxi 試點服務。意思就係:西班牙人好快就可以用 Uber 叫到一台冇司機嘅出租車。呢次係文遠知行同 Uber 第一次一齊進入歐洲市場。馬德里亦成為文遠知行 Robotaxi 駛入嘅全球第十二個城市。
官方消息話,喺馬德里自治區政府嘅支持下,呢項服務今年內就會正式啟動。到嗰陣,馬德里嘅朋友哋打開 Uber App,就有一鍵呼叫文遠知行嘅 Robotaxi。同叫普通網約車一樣,分別係嚟嘅車冇駕駛員——至少喺初期,仲係有分別嘅。運營初期,車入面會配備經過專業培訓嘅安全員,終究係剛上線,穩妥第一。
文遠知行呢間公司,你可能聽過,也可能冇聽過。簡單介紹下:2017 年成立,一直埋頭搞 Robotaxi 技術研發同商業化。而家佢嘅 Robotaxi 已經覆蓋咗廣州、北京、新加坡、阿布達比、迪拜、利雅得、蘇黎世……加埋而家嘅馬德里,一共 12 個城市。西班牙亦係文遠知行進入嘅第五個歐洲市場——之前已經入咗瑞士、法國、比利時、斯洛伐克。按照文遠知行同 Uber 喺 2025 年 5 月達成嘅規劃,佢哋要喺五年內新增 15 個國際城市部署 Robotaxi 服務,全球部署數萬輛 Robotaxi。隨著馬德里落地,目前已經完成咗 4 個城市嘅佈局,仲有 11 個會喺 2030 年前陸續覆蓋。
講真嘅,中國自動駕駛公司出海唔係頭一回,但中國技術 + 全球出行平台 + 歐洲市場呢個組合,定係好有意思。馬德里係歐洲最具商業潛力嘅 Robotaxi 市場之一,人口多、出行需求大,當地政策都好友善。喺呢個市場站穩腳根,對文遠知行嚟講係個唔小嘅里程碑。對 Uber 嚟講,引進 Robotaxi 都係為咗降低成本——終究司機唔使發人工。對馬德里市民嚟講,以後打車可能更平。

Have you ever seen the roads in India?
I've seen them online.
The scene is usually like this: a sedan blocked behind a cow, motorcycles running wild nearby, even milk tea vendors nearby, so "clean and hygienic".

However, in a place where many feel physically uncomfortable after watching, Toyota, Suzuki, Honda and other Japanese car companies decided to bet on India.
According to the Indian "Brand Quality Foundation" website, the three car companies will invest nearly $11 billion to build factories, increase capacity, and develop exports in India.
Some netizens commented: Did the three Japanese car companies have too much money?
In fact, they didn't have endless money to spend, nor were they bewildered by Indian curry. These Japanese car executives are much clearer than us.
Current Japanese car revenue and market share are declining. Raw material costs are soaring. Looking at the world map, finding a market that can accommodate capacity, expand share, and has gentle competition is not easy.
So, it wasn't that Japanese car companies chose India, but because they had no choice.
The Pain of Japanese Car Companies
Past Japanese cars were truly the envy of others.
Ask old drivers who drove Japanese cars over ten years ago, talking about Japanese cars, almost no one doesn't give a thumbs up, cheap price, fuel saving, durable...
Even many Japanese cars needed to be bought at a markup, but who would think this iron fortress would be beaten out of sight in a few short years.
With the wave of new energy vehicles coming, electrification and intelligence became the goal for many domestic car companies to "leapfrog". Relying on China's strong new energy vehicle industry chain advantages and car companies' own persistence on R&D and technology, Chinese independent brands quickly achieved "leapfrogging".
Domestic cars once criticized are now becoming more and more common on the roads, even surpassing joint ventures in share.
According to CPCA data, in April 2026, the share of independent brands reached as high as 62.5%, far exceeding Japan's 13.1%.

You need to know, the Chinese car market is the largest car market in the world. Losing speed in the Chinese market is like losing a huge piece of cake.
Meanwhile, the main theme of the Chinese market in recent years is still price wars. Racing on configuration, price, and service has become a normal state, which also had a huge impact on Japanese cars' profits.
Apart from China, Japanese cars are also not doing well in the US.
On January 20, 2025, Trump swore in as the 47th US President, starting a series of chaotic operations, including imposing additional car tariffs in the name of national security, causing the tariff rate for imported Japanese cars to reach as high as 27.5% at one point. Although it decreased later, it was still far higher than the initial tax rate.
This operation directly led to a tariff loss of over 2 trillion yen for seven Japanese car companies in fiscal year 2025.
Looking at Japan itself, it is actually not easy either.
Middle East geopolitical conflicts blocked shipping in the Strait of Hormuz, transportation costs and raw material costs soared, Japanese car companies also had to suffer in silence.

Executives looking at the reports, their backs went cold, only to find a new growth curve.
So, Japanese car companies didn't fall in love with India, there was nowhere else to go.
Deep Thought on Choosing India
So, what magic does India have, to make Japanese car companies invest heavily?
The first advantage is big. In 2025, the Indian car market achieved 5.517 million new car sales, up 6% year-on-year, breaking the historical record, ranking as the third largest car market in the world, exceeding Japan for four consecutive years, second only to China and the United States.
The value of this doesn't need me to say much. India achieved this result mainly because India has been promoting tax reduction policies to promote consumption, which led to a significant increase in domestic consumption willingness.
The second advantage is close, meaning it is close to places where Japanese cars sell well, such as Africa.
So, India for Japanese car companies is more like a convenience store built in the center of a crossroad. You don't need to ship cars to eight countries separately, just build well at this stop in India, then unload ship by ship, and you can save a lot of costs.

The Nikkei also believes that India is expected to become its global car supply center.
The third advantage is stability. You know, Japanese cars' advantage is fuel cars, after all, the three major components of engines, gearboxes, and chassis, they have played for many years, technology accumulation is number one in the world.
But the Chinese car market has fully promoted electrification and intelligence development, leading to Japanese cars' advantage becoming weaker and weaker, impossible to play out. But India is different, it has the characteristics of few charging piles and slow electrification process. Indian old people buying cars still look for cheap, fuel saving, easy to fix, and these three points are exactly Japanese cars' old trade.
Especially Suzuki, always been India's car market evergreen, almost always sitting on the best-selling model throne, reputation of being worry-free, better than any advertisement.
So, Japanese car companies' vigorous layout of the Indian market is obviously carefully considered.
But, is the Indian market really that easy to mix?
The Hard-to-Bite Indian Market
Of course, India is not perfect like a hot commodity, its disadvantages are as obvious as its advantages, and every one is enough for Japanese car companies to face a hard time.
First talk about electrification. Yes, right now India has few charging piles and electric cars don't sell well, it is indeed a shelter for Japanese fuel cars. But you have to think, how long can this "shelter" avoid?
India previously shouted the slogan of 30% of new cars being electric vehicles by 2030. Although it sounds like bragging, but can't help but they really give subsidies, really build charging stations.
Imagine, what if one day India suddenly wakes up, starts vigorously promoting electrification, doing infrastructure, charging piles popping out like mushrooms after rain, then Japanese cars will be dumbfounded?
Isn't this a version of the Thai market?
Back then Japanese cars in Thailand won easily. The entire Southeast Asian market was called Japanese cars' backyard. Result Thailand took the lead in promoting electrification. Chinese electric vehicles came in, directly became a hot commodity. Look at Japanese cars again, share in Thailand falling down rapidly.

If India accelerates electrification, history will likely repeat, and this time, Japanese cars don't even have a place to flee, how to prevent will become the first problem for Japanese car companies.
Next talk about policy. India's policy is like a pot of curry, you never know if you will eat chicken or potato next time.
This magical country, today low tariff encourages building factories, tomorrow may fine you a huge amount. What's more annoying is mandatory joint venture. Foreign car companies want to sell cars in India, have to find local partners to partner up. When your factory is built, supply chain is done, India directly backstabs you. At that time whether adding money or withdrawing capital, what you get is heartache.
So you see, this market like India is like a mango that looks very sweet, bite the first mouth it's okay, chew two more mouths hit the hard core.
Japanese cars now is calculating, while the core hasn't bit the tooth, hurry up to nibble a few more mouths, but the core will bite sooner or later, just don't know which day.
Epilogue
Japanese cars this trip to India, not go for tourism, is go to make a living.
Chinese and Southeast Asian dining tables are more crowded, production and transportation costs have risen. Looking around the world, only this pot in India is still steaming, even if what is boiling inside is curry-flavored stones, have to bite hard and chew down.
Japanese car companies want to expand market, India wants to pull economy, solve employment, both sides have their own thoughts.
As for the ending is Japanese cars in India regain their glory, or like past competitors shamefully walk away, then is not known.
But no matter how, this play just started, we slowly watch is okay.
Anyway India's story, never bored.

現時,全球汽車產業正經歷深刻變革。電動化重構能源格局,智能化重塑出行邏輯,碳中和錨定發展方向。據中國汽車工業協會統計,2025 年我國新能源汽車出口量為 261.5 萬輛,同比增長 103.7%,連續三年位居全球第一。中國新能源汽車依托先發優勢,已從產業邊緣走向舞臺中央。在此背景下,江鈴集團新能源錨定「十五五」戰略藍圖,以「自主 + 共創」為核心,以技術創新為翼,積極推進全球化戰略,正式邁入「價值深耕」新階段。

江鈴集團新能源海外事業部總经理聶小勇,全新易至 EV3 發布會上作海外市場報告
「價值深耕」嘅根基,在於戰略上嘅系統重構。江鈴集團新能源深刻認識到,真正嘅全球化絕非產品簡單輸出,而係價值體系嘅深度扎根。「十五五」期間,企業將聚焦「做精小型車、做强出行車、做優無人車」三大赛道,構建「技術引領、模式創新、低碳賦能、全鏈嚴控、數智驅動、人才蓄能」六大戰略支柱,全方位築牢發展根基。
在技術層面,江鈴集團新能源依托成熟嘅三電核心技術,搭配智能網聯與輕量化車身雙重賦能,傳承江鈴集團「安全可靠、經濟耐用」嘅品質基因,打造出極致低能耗、全域安全防護等核心優勢。羿馳 05 滿足碰撞高標準要求,榮獲歐盟 WVTA 認證證書,並通過澳大利亞、泰國、阿聯酋等國家嘅本地化法規認證,以可靠品質跨越全球最嚴苛嘅技術門檻。

技術能力係參與全球競爭嘅「入場券」,但真正嘅全球化考驗嘅係模式嘅升維。為此,江鈴集團新能源著力推進產品本地化、製造本地化、團隊本地化,構建「研發—生產—營銷—服務」全鏈條全球化體系,攜手全球夥伴共建能源生態、出行生態、智能生態,實現從單一產品貿易到共創共贏嘅轉型。
最新數據顯示,江鈴集團新能源海外市場已拓展至 40+ 個國家及地區,業務足跡覆蓋歐洲、非洲、中東、東南亞、南美洲五大洲。出口業務連續三年實現正增長,2023 年同比增長 70%,2024 年同比增長 25%,2025 年同比增長 203%,呈現加速躍升態勢。
這一成績背後,係一條清晰嘅全球化推進路徑。從新加坡首輛車落地,打開南亞市場大門,到毛里求斯、斯里蘭卡、尼泊爾、巴基斯坦相繼上市,深耕印度洋與東南亞核心市場;從廣交會首次亮相到羿馳 05S 正式發布,再到百台羿馳 05S 批量駛向全球,江鈴集團新能源以紮實步伐點亮全球版圖。2025 年,頤馳 06 亮相 WNEVC 世界新能源汽車大會,集中展示了企業在智能出行領域嘅系統解決方案。2026 年 5 月 26 日,全新易至 EV3 全球同步上市,為全球用戶帶來美好出行新選擇。
值得關注的是,江鈴集團新能源在海外市場並非「單打獨鬥」。企業積極與當地經銷商、服務商構建深度合作網絡,在東南亞、中東、非洲等區域已形成較為完善嘅銷售與售後服務體系,真正實現了從「賣車」到「扎根」嘅跨越。

面向未來,江鈴集團新能源將精準承接江鈴集團「1236」戰略,以清晰戰略路徑、堅定技術信仰、開放合作嘅心態,持續深耕全球市場。
大道至簡,實幹為要;生而全球,和合共生。江鈴集團新能源易至汽車正以穩健步伐,書寫中國新能源汽車全球化嘅新篇章。

每當月初車企銷量放榜嘅日子,都充滿話題性。而比亞迪甩出嘅 5 月成績單,令唔少人倒抽一口涼氣。

38.3 萬輛嘅單月銷量,連續 60 個月成為新能源市場嘅頭名,呢個數字喺整個中國汽車工業史上,都係過去難以想象嘅畫面。但係比起銷量數字更值得關注嘅,係呢份成績單背後嘅啲微妙變化。
38 萬輛背後嘅戰場,唔止喺展廳入面
比亞迪 5 月嘅銷量數據入面,王朝同海洋網依然係絕對主力,合計超過 33 萬輛嘅數據撐起咗一半意義上嘅銷量。不過方程豹同騰勢呢兩個高端品牌嘅走勢變化,係一個更加積極嘅信號。

方程豹單月賣出咗 3 萬多輛,同比增長接近 140%。背後嘅原因其實唔難理解,閃充版車型嘅陸續到位,令啲本嚟對硬派越野有興趣但係喺補能效率上猶豫嘅用戶,終係搵到下定決心掏錢嘅理由。以前唔少人可能覺得呢種帶大樑嘅車充電太慢,出嚟玩一趟心裡無底,而家充電速度同加油基本同速,點解唔買個更安靜更省錢嘅?

騰勢這邊 16303 輛嘅銷量數字上冇方程豹咁炸裂,但係亦喺持續保持增長。要知騰勢嘅客戶群體其實更「挑剔」,而喺 N9 閃充版上市之後,唔少原本喺睇理想 L9 同問界 M9 嘅潛客,正喺慢慢轉向騰勢。

至於月銷 286 輛嘅仰望,同比增長直接翻倍。中國品牌喺百萬以上嘅價格區間,已經唔係一個「有冇人買」嘅問題,而係「值唔值買」嘅問題。仰望嘅客戶群體大多屋企唔止一台豪車,佢哋選擇仰望,無非都係對比亞迪喺電動化同智能化技術嘅信任。

將呢啲數據放埋一齊睇,我哋唔難發現,主流嘅王朝海洋依舊喺負責跑量,而方程豹同騰勢負責滿足 25 萬到 50 萬區間嘅升級需求,仰望則站在塔尖度做品牌技術嘅旗幟。呢種金字塔結構嘅好處喺於,無論市場點樣波動,比亞迪都能喺唔同價格帶入面搵到自己嘅增長點,五月份嘅成績單證明咗呢個產品陣列嘅韌性。
「敢兜底」唔只係一句口號,而係一次用戶信任嘅重建
仲有冇記得五月下旬嘅「敢為」發布會度,比亞迪拋出「敢兜底,先至係真安全」呢句話。而喺城市領航同智能泊車「雙兜底」推出後嘅三日內,搭載天神之眼 A、B 系統嘅車型,城市領航嘅每日活躍用戶量直接升咗 50%。呢個增幅說明咗一個事實:用戶唔係唔想用地智駕,而係之前唔敢用。之前嘅智駕系統喺好多場景下,遇到突發狀況會直接將控制權甩畀司機,令唔少人用過一兩次就再都唔想開。

再睇智能泊車嘅數據,那就更誇張啦。安全兜底推出後,功能使用率由 21% 飆升到 90% 以上。呢個反差好大到有啲離譜,但都真實反映咗普通用戶對自動泊車嘅真實態度:唔係唔需要,而係唔敢信。尤其係喺一啲複雜車位,例如立體車庫、窄街巷、有低矮障礙物嘅地方,之前嘅系統經常識別唔準或者半路罷工,用戶用兩次被嚇親之後就唔再碰。而而家比亞迪話「出事我兜底」,用戶嘅心態就完全變咗。

「敢兜底,先至係真安全」,呢句話嘅重點唔喺於「安全」,而喺於「敢」。因為喺而家嘅行業環境下,真正敢為自家嘅智駕系統承擔責任嘅品牌,一手數得親。大多數車企都喺用各種免責聲明將自己裹得緊緊實實,嘴上話自己係 L2+、L2++,但真係出事,責任就全部係司機嘅。比亞迪今次將「兜底」兩個字擺上台面,本質上係喺挑戰行業嘅一個潛規則,都係喺試圖重建用戶對智駕嘅信任。

從商業邏輯睇落去,呢都係一種聰明嘅策略。比亞迪而家搭載輔助駕駛嘅車輛保有量已經超過 315 萬輛,天神之眼每日生成嘅數據超過 2 億公里。呢麼大嘅數據規模,代表住佢嘅系統迭代速度會遠超嗰啲保有量少嘅品牌。有咗足夠嘅真實路測數據,先至有敢兜底嘅底氣。呢個邏輯係冇問題嘅。
海外月銷 16 萬嘅意義,唔止喺數字
五月份比亞迪嘅海外銷量首次突破咗 16 萬輛,同比增長 80.7%。海鷗、宋 PLUS、元系列喺海外市場嘅持續熱銷,說明中國品牌嘅小型電動車同緊湊型 SUV,喺性價比同產品力上已經具備咗同日系、德系直接掰手腕嘅能力。尤其係喺東南亞、南美、中東呢啲市場,消費者對電動車嘅接受度喺快速提升,而當地本土品牌嘅產品力又跟唔上,咁就畀咗比亞迪一個好好嘅窗口期。

更值得關注嘅係 SHARK 皮卡嘅表現,連續兩個月突破 4000 輛嘅批發量,放喺全球皮卡市場入面雖然唔算特別大,但係對於一款中國品牌嘅皮卡嚟講,呢已經係一個里程碑。皮卡喺東南亞、澳洲、中東呢啲市場係剛需車型,而且利潤空間遠比轎車同 SUV 要高。SHARK 如果喺呢個類別站穩腳跟,對比亞迪海外利潤結構嘅改善會大有幫助。

當然,海外市場都唔係一片坦途,歐洲市場嘅關稅壁壘、美國市場嘅政策封鎖,以及各地唔同嘅充電標準同法規要求,都係比亞迪需要一步步去解決嘅問題。但五月份嘅數據至少說明比亞迪嘅全球化係喺實打實推進嘅。從泰國工廠到巴西基地,從烏茲別克斯坦到匈牙利,比亞迪嘅製造版圖正喺全球铺开。
結論
隨著六月份大唐同後續幾款閃充版車型嘅上市,會進一步檢驗比亚迪嘅產品節奏同市場反應能力。而海外市場能否繼續保持 16 萬輛以上嘅水準,都係接下來幾個月嘅重要觀察點。無論點樣,五月份嘅呢份答卷已經足夠有分量,佢唔單止係一個數字上嘅新高,更加係一個信號,表明比亞迪正喺由「賣車嗰啲」轉向「負責嗰啲」。喺呢個充滿唔確定性嘅市場入面,呢種轉變或許比銷量本身更有意義。

June 1, the 2026 Huan Ta Rally officially concluded. In this ultimate showdown between 258 racers and 138 racing vehicles, the 212 Off-Road Vehicle team played it steady, consecutively achieving a record of "two championships and one runner-up" from SS10 to SS13 stages, and ultimately secured the runner-up position among the manufacturer teams in the T2.1 Production Group, becoming a highlight of this year's event. Facing the harsh track environment, the 212 Off-Road Vehicle team was not only the only manufacturer team to achieve 100% completion, but also undertook an over-class challenge of "2.0T vs 3.0T", delivering a report on "reliability" and "durability" with production vehicles close to original factory conditions in extreme environments.

All Crew Finished, Second-Half Burst, Breaking Through the "Toughest Huan Ta"
This year's Huan Ta is hailed as the "toughest in history". Among the total 7,500 km, deserts account for over 60%, and extreme high temperatures plus attacks in uninhabited areas posed severe tests for vehicles. Under such conditions, the 212 Off-Road Vehicle team demonstrated ultimate mechanical quality and tactical cooperation.
In the fiercely competitive T2.1 group, the 212 T01 entered with a 2.0T engine. In the first race SS1 stage, it secured third place in the T2.1 group; in the SS3 stage, amidst the dangerous situation where more than 30 racing cars had blowouts and over a dozen withdrew, it became the only 2.0T manufacturer team to finish in this group; in the SS5 stage with the highest elimination rate, the team withstood the dual pressure of mechanical limits and driver will, securing third and fourth places in the group with a 100% completion rate.
Entering the continuous devil stages of the second half, the No. 265 and No. 266 teams repeatedly ranked at the forefront of the group, and consecutively won the first place in the T2.1 Production Group in the SS10 and SS11 stages, defending the advantage with "double championships"; in the SS12 stage, the No. 265 team continued its hot form and secured the runner-up position. Upon completion of the race, 212 secured the runner-up position among the manufacturer teams in the T2.1 Production Group, and became the only brand in the T2.1 Production Group to achieve full crew completion in the entire field.

Behind the steady performance lies the systematic test that the 212 T01 withstood under continuous extreme operating conditions.
During the race, morning dust filled the air, the noon sun scalded the ground, and the day-night temperature difference was severe. The T01's power system maintained stable output in the rhythm of alternating high temperatures and high loads. In the riverbeds densely crisscrossed with cross-axles, the "Chicken Nest Pits" section repeatedly tested suspension travel and tire ground contact capability, with the T01 maintaining effective adhesion throughout. Even after continuously crushing over hidden pits in a gravel riverbed, its high anti-torsional rigid body maintained stable posture. Whether climbing steep sand dikes or cutting into broken river channels, the T01 could pass smoothly without any passive getting stuck throughout the journey. Every time passing the blade edge and every time stepping on the accelerator, it verified the vehicle's solid mechanical quality and durability performance under extreme environments.

While the team raced against time, the Explorer 01 undertook the team's logistical support throughout the journey.
After the racing cars returned daily, the Explorer 01 arrived on time carrying repair equipment and spare parts, and the logistics team completed the vehicle inspection within a very short time. For every emergency relocation during the event, the Explorer 01 ensured spare parts and maintenance personnel rushed to the next camp in time, allowing the racing cars to return to race condition in the shortest time possible. Throughout the entire race, the Explorer 01 maintained a steady rhythm, building a solid logistical defense line for the team.
Promoting Research through Racing, Empowering Technology, Letting the Legendary 212 Go Global
The achievements achieved by 212 in the Huan Ta Rally directly verified the mechanical quality and durability limits of the T01 model. This stable performance under extreme environments relies on the support of the brand's underlying technical architecture.
At the 2026 Beijing Auto Show, 212 officially launched two major technology platforms: "Knight" and "Expedition". Among them, the "Knight" platform adopts the most traditional and reliable off-road structure featuring front and rear 5-link solid axles and a non-load-bearing body, supporting gasoline, diesel, and hybrid systems, where both T01 and Explorer 01 were born. The "Expedition" platform is positioned as a future-oriented full-scenario intelligent off-road architecture.
The official launch of the two major platforms marks that 212 has completed the construction capability from single vehicle production to systematic technology output, and provides a technical benchmark for subsequent globalization layout.

Since 2025, 212's determination to go global has taken root overseas one after another. Currently, 212's global sales network has covered more than 80 countries and regions. To better serve global users, 212 has systematically built an overseas operation system: establishing overseas subsidiaries and offices in places like UAE, Mexico, Indonesia, as well as 9 global parts center warehouses; simultaneously expanding the global KD network, landing multiple KD knock-down assembly projects in Southeast Asia, Central Asia, and the Middle East; in the future, more KD projects will continue to be built in Latin America and Africa, significantly shortening delivery cycles to provide more local, agile, and considerate service support for global users.
It can be said that 212 is making Chinese off-road shine on the world stage with solid technology and systematic capabilities.
Exploration and Passion, Letting Off-Road Spirit Cross Mountains and Seas
The competition venue is the harshest trial ground, yet it is also the most moving place where off-road spirit occurs. At Huan Ta, the team repeatedly assisted stranded spectators to escape, and actively stopped to rescue opponents on the track; during the race, a little boy who came specially from 200 kilometers away received a driver's cap gifted by No. 265 driver Wang Peng—for a child who came due to passion, this might be the starting point of chasing off-road dreams. These actions inside and outside the arena reflect 212's deeper value background: Exploration and Passion.

What the 212 brand hopes to provide is not only high-performance off-road vehicle products, but also to convey a spirit of off-roading. 212 believes this is a common language globally. Domestically, 212 integrates off-road culture into daily scenarios through activities such as the "Happy Wilderness Day" Music Party and the G212 National Road Exploration Tour; overseas, from Dakar, Malaysia Sabah Rainforest Race verifying product hard power, to Mille Miglia classic car rally, and dialoguing with global automotive culture at the US SEMA modification show; then to the 212 brand globalization strategy launch event, making a solemn declaration to the global market in Dubai — 212 is integrating the exploration spirit originating from China with diverse global off-road cultures. Through every localization connection, 212 is striving to become a trusted partner in the journey of global explorers.
Excellent performance on the Huan Ta racecourse not only proves the product hard power of 212 production models, but also shows the continuous upward technical accumulation and system capabilities of Chinese off-road brands. Adhering to the strategic determination of "doing 100,000 meters depth for 1 meter width", 212 will continue to use top-level events as trial grounds, polish product technology with extreme operating conditions, continuously enrich the off-road product matrix, let more users feel the reliable confidence of Chinese tough off-road, and let Chinese off-road brands continue to drive towards a broader world stage.

6 月 5 日,北京越野搞咗一場直播,主題叫做「5 國·破 5 燃擎節油挑戰」。三個多鐘頭,全網圍觀,淨係做咗一件事:實測 BJ30 旅行家究竟幾省油。

點樣樣?百公里油耗唔到 5 公升。一輛方盒子 SUV,長咗硬派越野個樣,跑出咗混動轎車嘅油耗。呢個成績,唔係實驗室跑嚟嘅,係真實路況、全程直播、一刀未剪。
五國先測,國內再驗,閉環驗證唔玩虛嘅
呢場節油挑戰唔係臨時起意。早喺國內直播之前,北京越野就聯合南非、波蘭、印尼、阿聯酋、墨西哥五國嘅汽車達人,橫跨唔同氣候、地貌、路況,對 BJ30 旅行家進行咗長途試煉。從沙漠到雨林,從高速到碎石路,整車底盤、混動系統、可靠性全維度驗證。

海外實測積累咗大量真實行駛數據,為國內直播做咗背書。呢次國內直播,路線設喺北京,由北汽藍谷出發,經過城市擁堵路段、高速巡航、鄉道砂石路,最後揭曉油耗成績。海內外聯動,形成完整嘅「真實場景驗證閉環」——唔玩實驗室數據,只認實際路況。
城市塞車唔費油,三擎混動係核心
好多人對「方盒子」嘅刻板印象係:造型硬朗,油耗都係咁硬朗。BJ30 旅行家用實測將呢個印象打破咗。

城市擁堵路段,頻繁啟停、怠速蠕行,係傳統燃油車油耗飆升嘅元兇。但 BJ30 旅行家搭載嘅三擎 HEV 混動系統,採用「混動 + 三擎六模 + 電四驅」組合,電機優先驅動,發動機只喺高效區間介入。低速蠕行基本靠電,塞車唔堵心,都唔堵油。
官方公布嘅兩驅版綜合油耗 5.85L/100km、四驅版 6.45L/100km,呢次實測直接幹進咗 5L 以內。7 萬級嘅價格,日常通勤成本比好多 A0 級小車仲低。
2820mm 軸距,後排放倒秒變 1.92 米大牀
省油只係基本功。BJ30 旅行家另一個殺手鐧係空間。2820mm 嘅超長軸距,後排腿部空間非常充裕,坐滿人乘坐都唔擠。車廂後尾箱方正规整,帳篷、露營炊具、戶外大件輕鬆塞入去。後排放倒後形成 1.92 米純平大牀,兩人躺平毫無壓力。

波蘭博主喺實測中親身體驗:車廂後尾箱塞滿裝備後,人都仲可以側躺入去。呢種「能裝」嘅屬性,對喜愛週末露營、長途自駕嘅家庭嚟講,好實用。
215mm 離地間隙+ATS 全地形系統,爛路唔怕
作為一台「旅行家」,佢仲要夠野。215mm 超高離地間隙,配合 ATS 多模式全地形控制系統同毫秒級電四驅,碎石路、坑窪非鋪裝路面、鄉道窄路,一鍵切換地形模式,四驅實時分配動力,輕鬆通過。

佢唔係硬核攀爬嘅越野車,但應付郊野露營、鄉村土路、輕度爬坡綽綽有餘。7 萬級價位,同時將省油、大空間、輕越野三件事都做到位,市面上唔多見。
高光版 6 月 12 日上市,配置再加碼
直播尾聲透露咗一個信息:6 月 12 日,BJ30 旅行家高光版將正式上市。新款喺現款基礎上,動力進階、小電瓶升級,內飾、智能舒適同配置全面優化,仲會推出專屬特別版車色。現款已經可以做到多路況油耗破 5L,新款喺硬核實力上再升級,值得期待。
【大胖講兩句】
BJ30 旅行家呢場節油挑戰,唔係噱頭,而係實打實嘅「真場景、真路況、真數據」。7 萬級方盒子,混動省油、大空間能裝、輕越野能野,再加上連續 23 個月自主輕混 SUV 銷量第一、72% 三年保值率同價位榜首嘅成績,佢已經用實力坐穩咗「輕越野家用 SUV 首選」嘅位置。6 月 12 日高光版上市,價格同配置都可能會有驚喜,想買方盒子又擔心油耗嘅朋友,可以關注一波。

On June 12, the BJ30 Traveller Highlight Edition model was officially launched. At the same time, the BJ30 Traveller also reached the 150,000th unit production milestone. At the launch event, the official introduced a 30,000 RMB trade-in policy for all BJ30 Traveller models. After combining policies, the trade-in price for the Highlight Edition starts from 82,900 RMB, and the trade-in prices for the full series models range from 69,900 to 109,900 RMB. In addition, the official provided six purchase benefits for users.


The BJ30 Traveller simultaneously provides fuel and hybrid versions. The hybrid version is equipped with Beijing Off-Road "Triple Engine Four-Wheel Drive Six-Mode HEV Hybrid Architecture", which adopts a combination of a 41% thermal efficiency hybrid dedicated engine and front-rear dual drive motors. Intelligent electric 4WD can achieve a 30-millisecond response speed. Paired with six working modes, it can bring a smoother power experience. At the same time, for off-road conditions, it also features electronic central locking, four-wheel electronic limited slip, and Intelligent Electric ATS All-Terrain Control System, capable of better coping with complex working conditions such as mud and sand.

Besides strong power, the HEV power system does not require charging but has very low usage costs. Recently, auto bloggers from five countries including South Africa, Indonesia, UAE, Poland, and Mexico conducted actual tests on it, all achieving fuel consumption of no more than 5 liters per 100 kilometers, with a range of over 1,000 kilometers per tank. In addition, the official also provided a lifetime warranty for the first owner, giving owners peace of mind when using the vehicle.

As a light off-road SUV, the BJ30 Traveller also has spacious interior space. It adopts a three-row seven-seat layout, with an interior space utilization rate of 66%. The trunk can be expanded to a volume of 1,496 liters. When the rear seats are folded down, the depth reaches 1.92 meters. It can very well meet users' all-scenario usage needs such as daily commuting, outdoor travel, and overnight stays in the vehicle.

Now let's look at the Highlight Edition model launched this time. Based on the existing models, it adds a full set of trendy styling modification kits and exclusive Star Ring wheels. The front and rear bumpers also adopt a color-matched design with the body. At the same time, it also features a new orange interior and metal texture trim panels, with a more personalized and trendy overall design.

And besides design, the Highlight Edition model is also equipped with an AGM battery, which has stronger performance and longer life. The cycle life is 3 times that of ordinary batteries. At the same time, its rear drive motor power was also increased from 55 kW to 70 kW, further improving power performance. In addition, the Highlight Edition model is also equipped with seat heating, ventilation, steering wheel heating, 64-color ambient lighting, and other configurations.

At the launch event, the official also launched a "Passionate World Cup, Highlight to Win Big" activity for the Highlight Edition model. Users can obtain guessing qualifications when purchasing vehicles. Users who accurately guess the score can also receive a 50,000 RMB purchase subsidy. At the same time, Beijing Off-Road partnered with CCTV Finance to conduct a teardown live stream on a BJ30 Traveller that had traveled 150,000 kilometers during the live stream. It can be seen that its engine turbocharger carbon buildup is minimal, the transmission casing is intact without oil leaks, internal gears have no wear pitting, the battery pack has no swelling/leakage, subframes and suspension arms have no rust/oil seepage. After experiencing the baptism of 150,000 kilometers, its core components still maintain good working conditions.

The Highlight Edition model launched this time is a further improvement and supplement to the BJ30 Traveller product line, and better meets users' demands for vehicle performance, personalization, etc. At a price within 100,000 RMB, the BJ30 Traveller is one of the few products with balanced and comprehensive product power, capable of both city and off-road use in a box-style design. Believing through this live stream, users also have a deeper understanding of its comprehensive product power and product quality.
