喺馬來西亞嘅汽車市場,好多買家揀車嗰陣都會拿 MG MG HS 同 Hyundai Santa Fe 嚟做比較。今日我哋由多個角度做一個詳細比較,幫你省咗做功課嘅時間。

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。
Hyundai Santa Fe 喺馬來西亞嘅 OTR 售價係 RM 225,000 - 270,000,一共有 3 個版本,包括 2025 2.5T DCT 4WD Calligraphy 6 Seats(RM 270,000)、2025 HEV 1.6T AT 2WD Prestige 7 Seats(RM 245,000)、2025 HEV 1.6T AT 2WD Prime 7 Seats(RM 225,000) 等。
由價錢睇落嚟,MG MG HS 嘅起步價確實比 Hyundai Santa Fe 平咗 RM 94,550。如果你預算有限,MG 嘅入門版已經可以滿足日常需要。但都要留意,平嗰幾千蚊,喺配備上可能會有所取捨,具體就要睇你嘅需要。

MG MG HS 搭載 1.5L Turbo,馬力 140 hp。官方油耗 7.0 L/100km。
Hyundai Santa Fe 搭載 2.0L 4-cyl,馬力 170 hp。官方油耗 8.0 L/100km。
動力方面,Hyundai Santa Fe 嘅 2.0L 4-cyl 比 MG MG HS 嘅 1.5L Turbo 多咗 30 匹馬力。不過日常喺市區開嘅話,兩部車嘅動力都夠用,唔會覺得唔夠力。

MG MG HS 保修 7 年/150,000km,保養間隔 每 10,000km 或 6 個月。
Hyundai Santa Fe 保修 5 年/300,000km,保養間隔 每 10,000km 或 6 個月。
MG MG HS 同 Hyundai Santa Fe 都係馬來西亞市場嘅主流選擇,適合家庭使用、日常通勤。如果你更加看重品牌口碑同二手價,可以優先考慮口碑更好嗰款;如果你更加在意性價比同配備,那就揀配置更豐富嗰款。最後都建議兩部車都去試駕,親身體驗先至係最重要嘅。
總嚟講,MG MG HS 同 Hyundai Santa Fe 都係馬來西亞市場幾唔錯嘅車型。揀邊一部,關鍵仲係要睇你個人需要同預算。建議大家做好功課,多比較幾間車行嘅報價,再去試駕先至做最後決定。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 BMW X1 同 Land Rover Discovery Sport 來做比較。今日我哋由多個角度做一個詳細嘅對比,幫你省返做功課嘅時間。


BMW X1 喺馬來西亞嘅 OTR 售價係 RM 252,800 - 252,800,合共 2 個版本,包括 sDrive18i(RM 220,000)、sDrive20i(RM 250,000) 等。
Land Rover Discovery Sport 喺馬來西亞嘅 OTR 售價係 RM 499,800 - 499,800,合共 1 個版本,包括 Standard(RM 499,800) 等。
由價錢睇落,BMW X1 嘅起步價確實比 Land Rover Discovery Sport 平咗 RM 247,000。如果你預算有限,BMW 嘅入門版已經可以滿足日常需要。不過都注意吓,平嗰幾千塊,可能喺配備上有取舍,具體要看你嘅需要。

BMW X1 搭載 2.0L Turbo,馬力 220 hp。官方油耗 9.5 L/100km。
Land Rover Discovery Sport 搭載 3.0L Turbo,馬力 350 hp。官方油耗 12.0 L/100km。
動力方面,Land Rover Discovery Sport 嘅 3.0L Turbo 比 BMW X1 嘅 2.0L Turbo 多咗 130 匹馬力。不過日常喺市區開嘅話,兩架車嘅動力都夠用,唔會覺得唔夠力。

BMW X1 保修 5 年/無限里程,保養間隔 每 10,000km 或 6 個月。
Land Rover Discovery Sport 保修 3 年/100,000km,保養間隔 每 10,000km 或 6 個月。

BMW X1 同 Land Rover Discovery Sport 都係馬來西亞市場嘅主流選擇,適合家庭使用、日常通勤。如果你更重視品牌口碑同二手價,可以優先考慮口碑更好嗰一款;如果你更在意性價比同配備,就揀配備更豐富嗰款。最後都建議兩架都去試車,親身試先係最重要。

總而言之,BMW X1 同 Land Rover Discovery Sport 都係馬來西亞市場幾唔錯嘅車型。揀邊架,關鍵都係要看你嘅個人需要同預算。建議大家做足功課,多比較幾間車行嘅報價,再去試車先做最終決定。買車係件大事,花啲時間做功課絕對唔會錯。

車型概覽

比亞迪D1 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
比亞迪D1 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 2023 418m 前驅版(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 比亞迪D1 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。
53.6 kWh 嘅電池容量,真正意義係可以幫你估算一星期通勤同周末出車要唔要中途補電。 100 kW、180 N·m 嘅輸出,令高速併線同短距離超車更有信心。 車長 4390 mm、車闊 1850 mm、車高 1650 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。 固定齒比、前置前駆 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
比亞迪D1 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:電池同續航資訊有助安排通勤同補電、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,要先確認屋苑、公司或常去商場嘅充電條件、香港停車場同窄路使用要留意車身闊度。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 比亞迪D1 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「比亞迪 BYD D1 係咪好慳電?」簡單講,係呀,比亞迪 BYD D1 營運成本極低,適合每日長時間行駛。 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 比亞迪D1 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、再比較能源成本同補能便利、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 比亞迪D1 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。

喺馬來西亞嘅汽車市場,好多買家喺揀車嘅時候都會拿梅賽德斯 - 賓士 GLB 同保時捷 Macan 做比較。今日我哋由多個方面做一個詳細嘅比較,幫你省下做功課嘅時間。


梅賽德斯 - 賓士 GLB 喺馬來西亞嘅 OTR 售價係 RM 299,888 - 352,888,一共有 1 個版本,包括 Standard(RM 299,888) 等。
保時捷 Macan 喺馬來西亞嘅 OTR 售價係 RM 469,000 - 469,000,一共有 4 個版本,包括 2025 55 quattro S line(RM 467,285)、2025 50 quattro Advanced(RM 361,135)、PMT 1874, Lorong IKS BukitTengah 14000 Bukit Mertajam(RM 296,610) 等。
從價錢嚟睇,梅賽德斯 - 賓士 GLB 嘅起步價確實比保時捷 Macan 平咗 RM 169,112。如果你預算有限,梅賽德斯 - 賓士嘅入門版已經可以满足日常需求。但都要注意,平嗰幾千蚊,可能喺配備上會有取舍,具體要睇你嘅需求。

梅賽德斯 - 賓士 GLB 嘅安全評級係 5★ (Euro NCAP),主動安全系統包括 Premium ADAS。
保時捷 Macan 嘅安全評級係 5★ (Euro NCAP),主動安全系統包括 InnoDrive。
兩款車嘅安全評級一樣,喺呢個級數入面安全配備都算好齊全。而家嘅新車安全性都幾唔錯,唔使太擔心呢一點。

梅賽德斯 - 賓士 GLB 採用 FWD 驅動方式。
保時捷 Macan 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。

梅賽德斯 - 賓士 GLB 同保時捷 Macan 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。最終都係建議兩款都去試駕,親自體驗先至最重要。

總括嚟講,梅賽德斯 - 賓士 GLB 同保時捷 Macan 都係馬來西亞市場幾好嘅車款。邊部選擇,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,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。

車型概覽

吉利EX5 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。 呢篇會集中講充電節奏同日常通勤,幫你用買家角度篩走唔適合嘅選擇。 近期市場討論到「自動駕駛全新突破 吉利Eva Cab亮相香港汽車博覽會」,代表呢類車型仍然有一定關注度。
零售價 HK$ 160,216、完稅價 HK$ 238,000 - 299,900 令預算位置更清楚,買家可以先估算月供、保險、泊車同日常開支。
購車價格指南
吉利EX5 嘅購車預算可以先由 零售價 HK$ 160,216、完稅價 HK$ 238,000 - 299,900 開始計。香港買車唔只係睇車價,月供、保險、牌費、泊車同能源成本都會影響每月壓力。
如果有幾個版本可揀,可以先將 2026 550km Max Plus(HK$ 299,900)、2025 430km Pro(HK$ 238,000)、2025 425km Max(HK$ 257,389) 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 吉利EX5 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。
68.39/60.22 kWh 嘅電池容量,真正意義係可以幫你估算一星期通勤同周末出車要唔要中途補電。 14.3/15.8/16 kWh/100km 嘅耗電表現,會影響你去快充站或者屋苑充電位嘅頻率。 160 kW、320 N·m 嘅輸出,令高速併線同短距離超車更有信心。 車長 4615 mm、車闊 1901 mm、車高 1670 mm、軸距 2750 mm 可以幫你預判商場停車場、屋苑車位同後排腿部空間。
優缺點分析
吉利EX5 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:預算位置清楚,方便同同級車直接比較、日常能源成本有基本參考、電池同續航資訊有助安排通勤同補電。
要留意嘅係,要先確認屋苑、公司或常去商場嘅充電條件、香港停車場同窄路使用要留意車身闊度。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 吉利EX5 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「吉利 EX5 的充電效率表現係點樣?」簡單講,吉利 EX5 支援直流快充,10% 至 80% 電量大約只需 35 分鐘。 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 吉利EX5 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:先用 零售價 HK$ 160,216、完稅價 HK$ 238,000 - 299,900 鎖定預算圈、再睇動力係咪足夠應付高速併線同滿載、再比較能源成本同補能便利、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 吉利EX5 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。

車型概覽

豐田HIACE 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。
完稅價 HK$ 345,030 - 360,220 令預算位置更清楚,買家可以先估算月供、保險、泊車同日常開支。
購車價格指南
豐田HIACE 嘅購車預算可以先由 完稅價 HK$ 345,030 - 360,220 開始計。香港買車唔只係睇車價,月供、保險、牌費、泊車同能源成本都會影響每月壓力。
如果有幾個版本可揀,可以先將 2025 2.8T 自動優越版(HK$ 345,030)、2025 2.8T 自動豪華版(HK$ 360,220)、2025 2.8T 手動優越版(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 豐田HIACE 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。
渦輪增壓、4 個 汽缸 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。 176 Ps / 129 kW、450/420 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。 8.55/8.62 L/100km 嘅油耗參考,會直接影響每日通勤同周末出車嘅入油頻率。 車長 5265 mm、車闊 1950 mm、車高 1990 mm、軸距 3210 mm 可以幫你預判商場停車場、屋苑車位同後排腿部空間。
優缺點分析
豐田HIACE 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:預算位置清楚,方便同同級車直接比較、日常能源成本有基本參考、動力輸出對高速同上斜更有底氣。
要留意嘅係,香港停車場同窄路使用要留意車身闊度。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 豐田HIACE 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「Toyota HIACE 喺香港主要提供邊幾款車身版本?」簡單講,Toyota HIACE 喺香港主要提供標準頂(Standard Roof)同埋長陣版(Long Wheelbase)選擇。除咗最常見嘅 6 座半截貨車版,亦有專為接送而設嘅多座客車版,滿足本地物流、工程或者商務接送嘅需求。 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 豐田HIACE 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:先用 完稅價 HK$ 345,030 - 360,220 鎖定預算圈、再睇動力係咪足夠應付高速併線同滿載、再比較能源成本同補能便利、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 豐田HIACE 嘅日常成本,會反映喺燃油、保險、輪胎同定期保養上。8.55/8.62 L/100km 令通勤預算較容易掌握。
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。

車型概覽

本田Jazz 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。 呢篇會集中講預算、月供同同級定位,幫你用買家角度篩走唔適合嘅選擇。
零售價 HK$ 116,356 - 150,473、完稅價 HK$ 169,880 - 219,880 令預算位置更清楚,買家可以先估算月供、保險、泊車同日常開支。
購車價格指南
本田Jazz 嘅購車預算可以先由 零售價 HK$ 116,356 - 150,473、完稅價 HK$ 169,880 - 219,880 開始計。香港買車唔只係睇車價,月供、保險、牌費、泊車同能源成本都會影響每月壓力。
如果有幾個版本可揀,可以先將 2023 1.5L Crosstar(HK$ 169,880)、2023 e:HEV 1.5L RS(HK$ 219,880) 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 本田Jazz 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。
121 Ps / 89 kW / 106 Ps / 78 kW、145/127/253 N·m 嘅輸出,令高速併線同短距離超車更有信心。 車長 4095/4090 mm、車闊 1725/1695 mm、車高 1565/1535 mm 可以幫你預判商場停車場、屋苑車位同後排腿部空間。 無級變速(CVT) / 電子無級變速(E-CVT)、前置前駆 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
本田Jazz 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:預算位置清楚,方便同同級車直接比較、日常能源成本有基本參考、動力輸出對高速同上斜更有底氣。
要留意嘅係,要先確認屋苑、公司或常去商場嘅充電條件、香港停車場同窄路使用要留意車身闊度。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 本田Jazz 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「Honda Jazz 適唔適合香港用家?」簡單講,非常適合。Honda Jazz 嘅 4.9 米轉向半徑喺香港窄路同停車場好靈活,車廂空間實用,尾箱容量大。混能版 e:HEV RS 喺市區塞車特別慳油,電油版 Crosstar 車價較親民。Honda 零件供應充足,代理售後網絡完善,係一部好稱職嘅香港市區代步小車。 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 本田Jazz 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:先用 零售價 HK$ 116,356 - 150,473、完稅價 HK$ 169,880 - 219,880 鎖定預算圈、再睇動力係咪足夠應付高速併線同滿載、再比較能源成本同補能便利、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 本田Jazz 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。

唔知有幾多朋友最近期關注 10 萬內純電 SUV 市場?近段時間睇嚟,呢個細分市場好熱鬧。就講長安啟源全新 Q05 同零跑 A10,上個月銷量分別達 15814 輛同 14372 輛,全部挺進 2026 年 4 月銷量排行全品類前 10,長安啟源全新 Q05 甚至奪得緊緊湊型純電 SUV 市場嘅銷冠。

(長安啟源全新 Q05)
值得留意係,兩款大熱門產品亮點亦唔少,9 萬級可以得到 500km+嘅續航,零跑 A10 甚至配備激光雷達,有高級智駕輔助需求嘅朋友嚟講,呢架車吸引力的確唔低。但係喺價格上,同為高配嘅長安啟源全新 Q05 506Max+ 同零跑 A10 505 激光雷達版,終端價格分別係 9.59 萬同 8.68 萬,手握 9 萬左右預算嘅朋友都可以考慮。明顯係,又去到決賽圈二揀一環節。
(零跑 A10)
如果對預算比較敏感,咁喺長安啟源全新 Q05 同零跑 A10 之間,後者可能更受歡迎,畢竟終端價格實打實平咗幾千元。而且,高配 A10 配有激光雷達,市區/高速情況均能啟動領航輔助駕駛,呢個就係佢嘅優勢所在。當然,如果預算允許,揀長安啟源全新 Q05 高配,都有帶激光雷達嘅高級輔助駕駛。
(長安啟源全新 Q05)
但既然係買車前嘅橫評,唔少全方位對比。首先從尺寸睇,作為緊湊型 SUV,長安啟源全新 Q05 長寬高分別係 4435*1855*1595mm,軸距為 2735mm。而零跑 A10 車型級別就係小型 SUV,長寬高分別係 4270*1810*1635mm,軸距為 2605mm。
(零跑 A10)
如果只係考慮代步、通勤,零跑 A10 嘅細個嘅略有優勢,方便行街串巷。但實際上,好多人買車都要兼顧家用,10 萬內預算也多以剛需用車群體為主。既然係剛需,且有家用需求,嗰空間自然唔好掉鏈子。
(長安啟源全新 Q05)
(零跑 A10)
講返日常家庭出行嚟講,兩車之間 130mm 軸距差異,直接反映喺後排體驗。坐入長安啟源全新 Q05 後排,腿部空間平整兼寬敞,一齊坐 3 位成年人都唔會太擠;但係坐入零跑 A10 後排,無論坐寬定係腿部空間都會細少少。媽咪喺後排照顧孩子,長安啟源全新 Q05 後排更加寬敞嘅空間會更加方便佢操作,孩子都能有更大嘅活動空間。
(長安啟源全新 Q05)
(零跑 A10)
除咗空間,通勤黨同家庭用戶對舒適配置都比較關注。睇嚟對比,兩車都有配電動尾門、無匙進入、自適應遠近光等外部配置。但係從車廂內睇,零跑 A10 副駕無法電動調節,後排靠背都唔支援角度調節,同埋缺少後排空調出風口、車內 PM2.5 過濾裝置等。
(長安啟源全新 Q05)
(零跑 A10)
反觀長安啟源全新 Q05,除咗副駕支持電動調節,前排仲集成咗加熱/通風/按摩/副駕腿托功能,對比零跑 A10 只提供前排座椅加熱,佢嘅品質無疑更上一層樓。包括後排乘員都有少少照顧,例如靠背角度可調、配有後排空調出風口、後排中央扶手/杯架等,更加適合家人同行呢類場景。
(長安啟源全新 Q05)
(零跑 A10)
除咗舒享體驗,行駛系統嘅對比我哋都唔好忽略。首先從大家關注嘅續航睇,長安啟源全新 Q05 同零跑 A10 分別搭載 51.9kWh、53kWh 電池,CLTC 純電續航做到 506km、505km,差異大可忽略。但從電芯供應鏈睇,前者出自寧德時代,後者就係國軒高科/江蘇正力,若論品牌含金量,“寧王”順位自然靠前,更值得信賴。另外,兩車都有全球品質,按照全球嚴苛嘅標準打造,零跑 A10 符合國內、歐盟雙標準,長安啟源全新 Q05 已經喺泰國上市,未來仲會相繼落地多個國家地區,最終開拓歐洲區域,此外仲有央企背書,質量品質都好可靠。
因為本文討論嘅係 A10 嘅 505 版本,採用電池液冷技術,溫控較好,而如果係 403 版本,採用成本低嘅風冷技術,散熱效果較差。呢點上,全新 Q05 做得更好,入門就採用電池直冷技術,高配用嘅係液冷技術,能更好地實現熱管理,保證電池安全。
(長安啟源全新 Q05)
(零跑 A10)
動力方面,長安啟源全新 Q05 同零跑 A10 都係前置單電機佈局,電機最大動力輸出分別係 120kW/190N·m、90kW/150N·m,0-100km/h 加速時間分別做到 8.9 秒同 10.6 秒。坦率嚟講,兩款車喺純電陣營加速性能都中規中矩;但係相對嚟講,長安啟源全新 Q05 嘅 8 秒級零百加速,喺山路行駛、高速超車等情況下會比零跑 A10 更加分。
(長安啟源全新 Q05)

(零跑 A10)
總結嚟講,零跑 A10 505 激光雷達版優勢突出:價格更低、智駕輔助覆蓋範圍更廣,適合預算優先 + 科技嘗鮮嘅消費者。而長安啟源全新 Q05 更強調“全面”二字:加少少預算同樣可以獲得高級輔助駕駛,而且尺寸更大、舒適配置更高、採用頭部電芯供應鏈,動力亦更強,綜合表現更全能。總括嚟講,預算 9 萬級追求面面俱到嘅家用體驗,長安啟源全新 Q05 506Max+ 更加值得考慮。

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.

今日聊聊小鵬。
5 月 28 日,小鵬都發咗一季度財報。
直接進入正題。
小鵬第一季度交付量為62683 架。

對照之下,蔚來係 83465 架,理想係 95142 架。
無論係對照自己定係對比蔚來小鵬,都唔係一個好成績。
因為第一季度蔚來同理想都冇新車或者改動補位,純靠現有產品矩陣。
小鵬唔同,小鵬投放咗好唔多改動車型:
1 月,一次性上市 4 款主力車型:2026 款 P7+、2026 款 G7、2026 款 G6 純電版、2026 款 G9 純電版。
3 月,X9 純電版、G6 超級增程版、P7 新車型上市。
第一季度完成咗六款車型嘅新與改動。
完全係下餃子嘅打法。
但係即便呢樣,銷量都一般。
直到 4 月,26 款 MONA M03 上市交付,銷量先又迎來上揚。
小鵬給嘅說法係:第一季度係受國內新能源市場波動影響,公司唔只關注規模,更注重銷量同經營質量嘅平衡。

第一季度小鵬汽車毛利率 12.1%,相比之下,2025 年同期為 10.5%,而 2025 年第四季度為 13.0%。
對於汽車毛利,理想董事長李想有一個觀點:產品穩定毛利應該穩定喺 15%-25%,最長都唔會低於 15% 嘅毛利率。
雖然理想第一季度都唔好,整車毛利只有 6.1%。
但係而家嚟講,小鵬整車毛利唔高,都同佢銷量唔高有關,規模效應發揮唔到作用。
所以,汽車銷量嘅主業務提供嘅造血能力就比較有限。
唔過,小鵬第一季度毛利率係 20.6%,相比之下,2025 年同期為 15.6%,而 2025 年第四季度為 21.3%。
這係因為小鵬服務同其他業務(技術研發服務,軟件授權)毛利非常高,達到 66.5%。
雖然收入只有 20.3 億元,遠唔及汽車銷售嘅 110 億元,都係拉升咗整體毛利。

去年四季度小鵬實現咗單季度盈利(淨利潤超 3.8 億元),但遺憾冇保持落來。
今年第一季度,小鵬淨虧損為 17.8 億元(2.6 億美元),相比之下,2025 年同期為虧損 6.6 億元,而 2025 年第四季度為收益 3.8 億元。
經營虧損為 18.7 億元(2.7 億美元),相比之下,2025 年同期為 10.4 億元,而 2025 年第四季度為 0.4 億元。
第一季度研發開支為 29.1 億元(4.2 億美元),較 2025 年同期嘅 19.8 億元增加 46.8%,並較 2025 年第四季度嘅 28.7 億元增加 1.1%。
按年增加主要由於公司擴充產品組合以支持未來增長,新車型及 AI 相關技術開發對應嘅開支有所增加。
第一季度銷售、一般同行政開支為 18.8 億元(2.7 億美元),較 2025 年同期嘅 19.5 億元下降 3.2%,並較 2025 年第四季度嘅 27.9 億元下降 32.5%。按年及按季下降主要由於向特許經營店支付嘅佣金減少。
至於現金儲備,仲有 420.9 億元,彈藥充足。
唔過,從第二季度開始,小鵬嘅情況會開始慢慢好轉。
原因在於,有新品爆款車型嘅補充:小鵬 M03 同小鵬 GX。
首先係 4 月 26 款 M03 上市,唔負眾望,依然穩定保持爆款表現,37 分鐘大訂破萬,4 月零售 13595 輛,帶來新嘅銷量增量。
除咗呢架車,小鵬全尺寸高端旗艦小鵬 GX 喺 5 月 20 日上市,限時權益價26.98-34.98 萬元(純電 + 增程共 8 個配置)。
已經妥妥大爆款,尤其係頂配車型,已經火到一塌糊塗:

尤其係小鵬 GX 純電版,5 月 23 日嗰陣交付週期係 20-24 週,而家已經變到 30-34 週。
而家已知嘅係:初始訂單中旗艦版佔比超 80%,而家仍係主力。Max 版佔比低於 5%,低於預期。
增程版起初需求唔如純電,但正逐步接近,尤其係加強咗喺北區、西區嘅營銷後。
「我哋希望 GX 能夠成為 30 萬以上高端大六座市場嘅前三甚至頭部爆款。」
「GX 作為旗艦車型,毛利率唔錯,大部分 SKU 嘅毛利率表現都高於預期。」
所以,隨著呢架車嘅大批量交付,今年 6 月、乃至接下來,呢架車將貢獻唔少嘅銷量收入,同時都會帶動小鵬整車毛利嘅提升。

唔過,必須講嘅係雖然有咗小鵬 GX 高毛利車型改善產品結構,但係原材料上漲嘅壓力(內存芯片同電池),呢啲壓力仲會繼續持續到隨後季度。
第二季度小鵬預期交付量為 100000 至 106000 輛,較第一季度增加約 59.54% 至 69.11%。
總收入將喺 196.0 億元至 208.0 億元,較第一季度增加約 50.38% 至 59.59%。
至於總毛利,預計會同第一季度大致持平。
鑒於小鵬全新高端旗艦小鵬 GX 開咗一個好頭。
接下來,小鵬表現非常值得期待。
首先係新車型。
今年下半年小鵬仲有 3 款新車型將會上市交付。
小鵬 G9L:小鵬 G9 嘅加長版。
G9L 嘅定位會喺 G9 同 GX 之間,中大型 6 座豪華家用 SUV。
小鵬 G9:4891×1937×1670mm,軸距 2998mm
小鵬 G9L:5120×1999×1782/1788/1795
小鵬 GX:5265×1999×1800mm,軸距 3115mm,
小鵬 G9L 喺 G9 嘅基礎上面做咗加長,同樣純電/增程雙動力,至於其他方面嘅配置,我個人感覺會向 GX 看齐,俗稱套娃。

所以,呢架車嘅配置、空間等多項產品競爭力必定唔差。
而家嘅新車企想要喺內捲之下獲得勝出,核心仲係《科技叢林》多次強調嘅策略:降維打擊 + 錯位競爭。
這也是而家新車企越做越大嘅原因。
那麼,G9L 隨後應該會取代 G9 嘅位置,所以最關鍵嘅就係定價,小鵬 G9 嘅價格係 24.88 萬 -27.88 萬。
G9L 想要走量,定價同 SKU 就需要好好掂量一下。
如果定得好,那就又係爆款預訂。
除咗 G9L,小鵬 MONA 序列嘅 SUV 車型都終於要嚟,將補齊小鵬喺 15 萬 SUV 車型嘅缺失。
MONA L03:
L03 定位緊湊型轎跑 SUV,4650 /1920/1600mm,軸距 2850mm(軸距越級),同樣純電 + 增程雙能,83kW(249 馬力)永磁同步單電機。

純電版提供 505km(56kWh)、650km(69kWh)兩個續航規格。
增程版 37.2kWh 磷酸鋰鐵;CLTC 純電續航 257km,綜合續航 > 1000km。
如果能畀一個唔錯嘅價格,那基本能延續而家 M03 嘅爆款勢頭。
至於上市發布時間,有用戶喺小鵬汽車副總裁于濤評論區問 7 月是否能夠提到車,佢嘅回應係:冇問題,當晚落單無壓力。
所以 L03 大概率 7 月就會上市。
L05:5 座中型家用 SUV
某種程度上可以睇做大一號嘅 L03。

L05 長闊高:4870/1930/1636mm,軸距 2940mm。
對比一下小鵬品牌嘅 G6。
小鵬 G6:4758/1920/1650mm,軸距 2890mm。
所以,L05 無論是坐乘還是裝載表現,都會優於 G6。
G6 售價係 17.68–18.68。
考慮到 MONA 系列更平價嘅定位,L05 要比 G6 便宜,同時也會吃掉唔少 G6 嘅市場份額。
(如果出現倒掛,那我肯定呢架車最後銷量肯定翻車)
對於 MONA 呢兩台 SUV,我還係好期待。
不過都係嗰句話,無論係 G9L、L03 定係 L05,最終決定可唔可以大賣嘅核心因素都係定價、配置,小鵬必須謹慎對待。
如果呢一塊唔出錯,那麼下半年小鵬銷量表現就非常值得期待。
小鵬第二代 VLA 進展都非常值得期待。
首先技術方面,第二代 VLA 帶來咗兩個新能力:
1、第二代 VLA 無導航園區/地庫漫遊,實現智駕從「有路可走」到「無路都能走」
2、國內首個全場景原地起步(公開道路、園區、地庫,P 檔狀態可原地起步),邊度都能開,大幅度提升智駕使用率
呢兩個功能嘅搭載唔單單係智駕功能嘅補全,意味著小鵬將全場景 0 速啟動、無導航漫遊通行、城區 NOA、高速 NOA、車位到車位嘅環節徹底打通,形成一個完整無縫嘅端到端體驗閉環。
實現智駕從「有路可走」到「無路都能走」,而且將會帶來智駕體驗連續性嘅質變,真正做到邊度都能開。
呢個能力形態已經同特斯拉喺北美實現嘅全場景 FSD 非常接近。

而且,第二代 VLA 推送首月,智駕里程佔比行業首破 50%,成為行業首個跨越呢一節點嘅智駕系統,標誌高級智駕從"極客嘗鮮"正式邁入大眾日常、高頻使用階段。
關於智駕里程,國內智駕頭部公司地平線創辦人&CEO 余凱有一個觀點:智駕里程佔比突破 50% 後,用戶對智駕嘅依賴將變得不可逆。
那麼,隨著更大量車型嘅交付以及更多智駕里程嘅使用,小鵬智駕將會得到唔少嘅進步同成長。
這仲未完。
今年 Q3(8 月),小鵬 VLA 將會迎嚟一波更新,極大程度提高模型能力上限,更聰明、泛化能力更強、大幅降低接管率。
今年年底,小鵬將實現首次實現VLA+VLM 融合,除自動駕駛外具備語言溝通能力,為未來「汽車管家」(L5 級別)能力打下基礎。
「當自動駕駛能基於 L2 級別硬件實現完美嘅 L4 軟件能力時,整個業務形態同商業模式將產生巨變。」
可以預見嘅係,小鵬喺智駕方面嘅競爭能力將得到進一步增強,而呢個反過來都會促進小鵬產品銷量增長,形成一種正向循環。

至於 Robotaxi,而家小鵬係喺廣州拿到牌照並運營。
小鵬嘅規劃係喺廣州把技術、產品、商業模式跑通後,再同國內外嘅更多合作夥伴開展本地化運營。
小鵬嘅 Robotaxi 策略有兩點:第一,只做產品並抽佣,唔直接做運營,因此會有很多合作夥伴;第二,小鵬認為全球化嘅 Robotaxi 有巨大嘅商業價值。
何小鵬表示:國內近期嘅自動駕駛監管收緊並未影響我哋嘅節奏,我哋認為 2028 年之後將係 Robotaxi 嘅巨大商業機會,而家正按步驟喺海内外準備。
小鵬當前嘅計劃係利用現有車型喺國內同國際市場大力部署同試驗 V2.0。

正用當前車型進行快速研發同實驗,並會喺 2027 年推出經濟型車型來做好 Robotaxi 嘅示範同商業驗證,Robotaxi 商業化能力會持續提高。
「針對 Robotaxi 嘅測試同研發對 C 端業務都會帶來正面影響(反哺),因為 V2.0 可以衍生出多種智能駕駛策略(如極速模式、少接管模式)。
未來,當政策逐步放開,Robotaxi 進入規模化商業運營時,佢可能會同 C 端市場逐步分離,成為第二個車輛賽道,成為一種新型工具。」
至於技術授權服務,今年第二季度開始,小鵬已經開始向合作夥伴大眾汽車大規模交付圖靈芯片,2026 年來自技術、服務同 IP 授權嘅總收入將同 2025 年相當。
海外市場一直係小鵬核心戰略之一。
從最新月份嘅數據看,小鵬國際業務收入貢獻已接近 20%(去年全年約 10%),佔比顯著提升。
儘管有關稅等成本壓力,但國際業務帶來嘅毛利同淨利潤貢獻仍然非常可觀。
今年下半年,隨著今年下半年 4 款全球化車型推出,2027-2028 年小鵬嘅全球化速度將大幅提高,增長勢頭會持續,全年國際收入貢獻將穩定喺 20% 左右。
當然考慮到國際動蕩,小鵬都喺增加本地投資生產(如喺奧地利同麥格納合作),以確保有能力滿足歐洲及全球市場嘅增長預期。

「而家我哋喺東南亞(印尼、馬來西亞)有兩間工廠,主要滿足當地市場;喺奧地利同麥格納合作生產供應歐洲。呢三處產能今年都會提升,並生產新車型。對於東南亞國家,生產主要面向本地市場;奧地利工廠則服務於歐洲。預計我哋喺歐洲銷售嘅大部分車輛將實現本地化生產。喺尚無生產設施嘅其他地區,我哋將維持當前出口模式。隨著喺某些大市場嘅銷量同份額增長,我哋正積極尋求提升產能同本地化率嘅方法,以滿足當地化含量規則。」
何小鵬對於海外市場嘅預期係:希望未來 5 年內,海外市場嘅銷量佔一半,收入同利潤超過一半。
最後,嚟總結一下啦。
雖然小鵬第一季度表現平淡,但都係嗰句話,睇車企點樣要睇嘅唔單單係過去,仲要睇長期嘅潛力。
而家,隨著 GX、G9L 及 MONA 系列新車嘅陸續登場,小鵬已擺出咗最強產品矩陣。
此外,VLA 智駕進入大眾普及階段、海外業務都慢慢成長為新嘅業務增長極。
小鵬已經初步形成「爆款車型 + 智能化 + 全球化」嘅三輪驅動新格局。

接下來嘅半年,密集嘅新車投放將係檢驗呢一格局成色嘅試金石。
對於小鵬而言,接下來嘅課題係:點樣用好技術呢把利刃,喺更廣闊嘅全球市場中,贏得與之匹配嘅商業成果(即規模同利潤)?
下半年,市場將用訂單同毛利嚟投票,靜待小鵬逆轉戰局。
完。

On May 28, 2026, SAIC Group held the "First Global 100 Millionth User Delivery Ceremony" grandly at the Shanghai North Bund World Living Room. More than ten whole vehicle brands and 19 main models under SAIC, with the innovative form of "Global Relay Delivery", spanned continents and linked domestic and overseas markets, officially declaring SAIC Group as the first in China's automotive industry to break 100 million in cumulative production and sales, carving a historic milestone for the development of China's automotive industry.

From the first "Phoenix" sedan born in 1958, to today's global automotive group with a scale of 100 million vehicles; from local car making hammered by hand, to full industry chain synergy and intelligent manufacturing of Chinese globalization; from single product output to technology, brand, and service full value chain going global, SAIC has written the era's answer for Chinese cars to catch up, run alongside, and go from local to global with over 70 years of progress. 100 million vehicles is not only a quantum leap in production and sales scale, but also a heavy load of 100 million units of user trust, a testament to the strength of China's automotive industry's rise.

I. Over 70 Years of Progress: From "Zero Breakthrough" to "100 Million-Level Leap"
The development history of SAIC Group is a condensed history of China's automotive industry's progress.
In 1955, the Shanghai Internal Combustion Engine Parts Manufacturing Company was established, and Shanghai's automotive industry officially set sail. In 1958, the first generation of automotive workers manually assembled the first **"Phoenix" sedan**, achieving a "zero breakthrough" in Shanghai sedan manufacturing, opening the difficult exploration of China's independent car making. At that time, conditions were simple and technology was weak, but the seed of steadfastness for independence and pursuit of quality was planted.
After the Reform and Opening Up, SAIC seized the opportunity of the times and entered a new stage of joint cooperation and rapid growth. In 1983, the Santana officially came off the line, not only opening the tide of popularization of Chinese household sedans, but also driving the establishment of a modern automotive parts supporting system, promoting the systemization and standardization upgrade of China's automotive manufacturing system. In 1997, SAIC General Motors was established, achieving a "Shanghai Speed" with 23 months to go from "building factory to delivering vehicles", refreshing industry records, and simultaneously building the first joint venture exclusive automotive R&D and design center domestically, achieving a leap from manufacturing to R&D.

Entering the new century, SAIC firmly promoted independent innovation and brand upward movement. In 2006, the Roewe brand was born, sounding the horn for the comprehensive rise of independent passenger cars; in 2016, the world's first Internet car Roewe RX5 went on sale, opening a new era of automotive intelligence; in 2020, IM Motors appeared, targeting the global luxury market with a high-end intelligent electric track. From fuel vehicles to new energy, from traditional manufacturing to intelligent electric, from local layout to global operations, SAIC has always been at the forefront of industry transformation.
For over 70 years of wind and rain, SAIC has always adhered to the core concept of **"Know Cars, Know You Better"**. "Know Cars", is the ultimate pursuit of core technologies, is the continuous breakthrough of cutting-edge technologies such as full wire-controlled chassis, semi-solid state batteries, AI large models, intelligent driving; "Know You", is to convert hardcore technology into user-perceivable and enjoyalbe travel experiences, letting every innovation serve real car usage scenarios. From the first vehicle to the first 100 millionth vehicle, what changes is scale and technology, what remains unchanged is the original intention of sticking to quality and serving users. 100 million vehicles is the most powerful fulfillment of this original intention.
Full System Strength Support: Full Brand Matrix + Global Layout, Casting the Foundation of 100 Million Vehicles
Behind the 100 million vehicle scale is SAIC's full value chain closed-loop system covering six sectors: whole vehicles, parts, mobility, financial services, international operations, and innovative technology, and the strong comprehensive strength of synergy between independent and joint ventures, passenger and commercial vehicles, and domestic and overseas linkage.
Sales data corroborates hardcore strength: From January to April 2026, SAIC Group's cumulative sales reached 1.302 million vehicles, ranking first among Chinese automakers for four consecutive months; among them, independent brand sales were 910,000 vehicles, accounting for nearly 70%, becoming the core engine of growth; new energy vehicle sales were 412,000 vehicles, stably in the first echelon of the industry; overseas market sales were 459,000 vehicles, surging 50.2% year-on-year, continuing to lead Chinese brand exports.

This global relay delivery, SAIC's full brand matrix made a powerful appearance. Independent brands went all out: Shangjie Z7, Huajing S, Roewe M7, MG4 Semi-Solid State Battery Version, Wuling Starlight 560, Maxus eDeliver5, Hongyan Heavy Truck, Yuexing Dana T1, SUNWIN Electric Bus, Iveco Juzing EV and other models were delivered in batches, covering household commuting, family travel, business operations, logistics transportation, urban public transport all scenarios, meeting users' diversified needs.
Joint ventures entered the "Joint Venture 2.0" technology co-innovation stage, showing heavy results: Volkswagen ID. ERA 9X globally debuted with Momenta R7 Reinforced Learning World Model, delivered over 7,000 units in the first month of listing; AUDI E7X is planned to become Audi's first model globally landing L3-level autonomous driving; Buick Zhijing E7 is built on the "Xiaoyao" Super Fusion Architecture, sales broke 10,000 units in the first month of listing. From "Market for Technology" to "Technology Defines Products", SAIC achieved a complete role leap, leading the new direction of high-quality development of joint ventures.
Global layout is the key support for SAIC's 100 million leap. As a pioneer in Chinese automotive "Going Global", SAIC has already deployed over 100 parts bases and over 3000 dealer outlets overseas, built 3 Global R&D Centers in London, as well as 4 overseas manufacturing bases in Thailand, Indonesia, India, Pakistan; Anji Logistics formed 42 professional Ro-Ro ships, opened 8 international routes, building an efficient global logistics system.
Currently, SAIC's products and services have covered over 170 countries and regions worldwide, with cumulative overseas sales breaking 7 million vehicles. MG brand ranked first among Chinese brands in European sales for 11 consecutive years, European annual sales broke 300,000 in 2025, becoming the first Chinese automotive brand to break 1 million in cumulative sales in Europe and the UK. In March 2026, MG released Semi-Solid State Battery and Hybrid + Hybrid Technology in Germany, breaking 20,000 units in a single month overseas, winning global market recognition with hardcore technology. SAIC is moving from "Product Going Global" to "Value Chain Going Global", letting Chinese Intelligent Manufacturing shine on the global stage.
User-Centric: 100 Million Trusts, Originating from "Know Cars, Know You Better"
SAIC's 100 million leap is essentially the accumulation and precipitation of user trust. In this delivery gala, there was no grand technology presentation, but focused on every real user, letting ordinary people become the protagonists, vividly interpreting the deep connotation of "Know Cars, Know You Better".

GET App founder Luo Zhenyu served as the 001st Experience Officer for Huajing S, from praising Huawei Qiankun Smart Driving to deeply visiting the factory to witness the off-line, recognizing SAIC's dual strength of technology and quality; former national team player Yang Chen chose Volkswagen ID. ERA 9X, valuing its high-efficiency range extender system and consistency with long-termism values; charity blogger Liu Jia stuck to mountain area charity for five years, was moved by Buick Zhijing E7's "Full Score Cockpit"; London doctor Natalia inherited family MG sentiment, returning couple brought overseas car usage memories back to the motherland; there were also bulk users such as logistics enterprises, bus companies, tourism teams, letting SAIC become a reliable partner for fighters.
From tech bloggers to sports stars, from public welfare persons to entrepreneurs, from overseas users to local families, every user's choice is an endorsement of SAIC products and services. SAIC always insists that the ultimate value of technology is to serve people, the ultimate goal of car making is to guard every journey, warming every family. 100 million vehicles is the carrying of 100 million life stories, the guard of 100 million beautiful journeys, and more 100 million heavy trusts.
At the product level, SAIC oriented by user needs, built a product matrix covering all categories, all price points, all scenarios. Home cars pursue comfort and energy saving, high-end car owners focus on intelligent luxury, commercial vehicles focus on reliability and efficiency, new energy vehicles achieve range and safety balance. At the same time, continuously upgrading quality and experience, from infant-level healthy cockpit, full domain security protection, to intelligent interaction, comfortable chassis, every detail is polished around users' real car usage scenarios, letting high-end inclusion, letting technology approachable.
Start New Journey: Starting from 100 Million Level, Towards the New Era of Smart Electric
100 million vehicles is a milestone, but also a new starting point. Facing the wave of smart electrification, SAIC in the posture of "Second Entrepreneurship", full sprint for new heights of the global automotive market.
Technology innovation continues to lead: Deeply cultivating solid / semi-solid batteries, full wire-controlled chassis, AI large models, high-level intelligent driving and other cutting-edge technologies, promoting core technology autonomous and controllable; global R&D system synergy effort, quickly transforming laboratory technology into mass production configuration, letting users enjoy tech dividends first.

Brand upward movement is unswerving: Strengthen IM, Roewe, MG, Wuling and other independent matrices, upgrade Volkswagen, Audi, Buick and other joint venture brands, form a high-low matching, domestic and overseas coordinated brand system, meeting global users' differentiated needs.
Global strategy depth promotion: Deepen "Glocal" Global + Local strategy, expand overseas production capacity and channel layout, promote technology, standards, services synchronously going global, improving Chinese automotive brands' global voice.
User service comprehensive upgrade: Stick to "Know Cars, Know You Better" concept, with user full lifecycle experience as the core, building a more considerate, more convenient, more intelligent service system, letting every user feel SAIC's temperature and sincerity.
From 1955 to 2026, from the first vehicle to the first 100 millionth vehicle, SAIC witnessed and promoted China's automotive industry from nothing to something, from weak to strong. 100 million leap is a breakthrough of scale, a victory of technology, a result of globalization, and more a crystallization of user trust.
Standing at a brand new historical starting point, SAIC will continue to adhere to the original intention, stick to innovation, deep dive into users, lead globally, walk together with 100 million users and global partners, with the power of Chinese Intelligent Manufacturing, create a better travel future together, and continue to contribute to China moving from an automotive powerhouse to an automotive strong country!

你睇過印度嘅馬路嗎?
我喺網上見過。
畫面通常係咁,一輛轎車俾牛尾擋住,旁邊仲有亂竄嘅摩托,甚至周圍仲有賣奶茶嘅小夥,嗰叫一個“乾淨又衛生”。

然而,喺呢啲睇完好多人覺得生理不適嘅地方,豐田、鈴木、本田等日本車廠,卻決定將籌碼押落印度。
據印度“品牌質量基金會”網站顯示,三家車廠將喺印度投資近110 億美元建廠、提產能、搞出口。
對此有网友表示,三家日本車廠係咪錢多到無處花?
事實上,佢哋唔係錢多到花唔完,亦唔係被印度嘅咖哩蒙蔽咗心竅,呢啲日本車廠高層遠比我哋清醒。
而家嘅日系車,營業額、市場份額都喺下滑,原材料成本仲係升得飛起,打開世界地圖,搵一個能夠容納產能、拓充份額、競爭溫和嘅市場,唔係咁容易嘅事。
所以,唔係日本車廠選擇咗印度,而係因為冇得揀。
日本車廠之痛
曾經嘅日系車,嗰時妥妥係人哋個仔。
你問下十幾年前開過日系車嘅老司機,一提起日系車,幾乎就冇唔豎大拇指嘅,價錢平、省油、耐用又抵撞……
甚至好多日系車,仲要加價購買,但邊個諗到,呢個鐵打嘅江山,短短幾年時間就俾佢哋打得找唔著北。
隨著新能源汽車浪潮嚟到,電動化、智能化變成好多自主車廠“彎道超車”嘅目標,依托於中國強大嘅新能源汽車產業鏈優勢同車廠自身對研發、技術嘅堅持,中國自主品牌迅速實現咗“彎道超車”。
曾經被人吐槽嘅國產車,而家喺馬路越來越多人,甚至份額超越咗合資。
根據乘聯會嘅數據,喺2026 年4 月,自主品牌嘅份額已經高達62.5%,遠超日系嘅13.1%。

要知道,中國汽車市場係全球最大嘅汽車市場,喺中國市場失速,就相當於丟咗一塊巨大嘅蛋糕。
同時,中國市場近年嚟嘅主旋律依舊係價格戰,捲配置、捲價格、捲服務已經成為一種常態,亦對日系車嘅利潤產生咗巨大嘅影響。
除咗中國,日系車喺美國過得亦唔太好。
2025 年 1 月 20 日,特朗普宣誓就職第 47 任美國總統,自此開啟咗一連串搞搞震,其中就包括以國家安全為理由徵收額外嘅汽車關稅,導致進口日本汽車嘅關稅稅率一度高達 27.5%,雖然後嚟有所降低,但亦遠高於最初嘅稅率。
呢個操作,直接導致七大日本車廠喺2025 財政年度嘅關稅損失超2 萬億日元。
再睇日本本土,其實亦唔容易。
中東地緣衝突導致霍爾木茲海峽航運受阻,運輸成本、原材料成本暴漲,日本車廠都有苦難言。

高管們看著報表,背後發涼,只能尋找全新嘅增長曲線。
所以,日本車廠唔係愛上印度,係冇地方去。
揀選印度嘅深思熟慮
咁,印度點解咁有魔力,先至令日本車廠重資投入呢?
第一個優勢就係大。喺2025 年,印度汽車市場取得咗551.7 萬輛嘅新車銷量,同比增長 6%,刷新咗歷史紀錄,位居全球第三大汽車市場,已经连续四年超越日本,僅次於中國同美國。
呢個含金量唔使多講啦,而印度取得呢一成績,主要係因為印度一直喺推動減稅政策,促進消費,這導致國內消費意願出現咗明顯增強。
第二個優點係近,就係離日系車賣得動嘅地方近,如非洲等其他地區。
所以,印度對於日本車廠,更似一個建喺十字路口中央嘅便利店,你唔使將車分別運去八個國家,只需要喺印度呢站造好,然後一船一船甩去,就能削減唔少成本。

《日本經濟新聞》亦認為,印度有望轉變為佢哋全球嘅汽車供應中心。
第三個優點係穩。要知道,日系車嘅優勢就係燃油車,畢竟引擎、變速箱、底盤三大件,佢哋已經玩咗好多年,技術積累喺全球都係數一數二。
但係中國汽車市場已經全力推動電動化、智能化發展,導致日系車嘅優勢越來越弱,根本無法發揮出嚟,但印度唔一樣,佢擁有充電樁少、電動化進程緩慢嘅特點,印度老百姓買車,都仲係盯住平、省油、易修,而呢三點正係日系車嘅老本行。
尤其係鈴木,一直係印度汽車市場嘅常青樹,幾乎年年穩坐暢銷車型寶座,口碑好,勝過任何廣告。
所以,日本車廠大力佈局印度市場,顯然是經過深思熟慮嘅。
但,印度市場真係咁好混咩?
難啃嘅印度市場
當然,印度亦唔係完美得似個香口格,佢嘅缺點同佢嘅優點一樣明顯,而且每一個都夠日本車廠喝一壺。
先講電動化,冇錯,眼睇下印度充電樁少、電動車賣唔動,確實係日系燃油車嘅避風港。但你得諗諗,呢個“避風港”能避幾耐?
印度此前可係喊出咗 2030 年電動車佔新車 30% 嘅口號,雖然聽落似吹水,但抵唔住人哋真補錢、真建充電站。
試諗下,萬一有日印度突然開竅,開始大力推動電動化、搞基建,充電樁似雨後春筍咁冒出來,嗰日系車唔就傻眼?
呢唔係泰國市場嘅翻版咩?
當年日系車喺泰國都係躺贏,整個東南亞市場,都被稱為日系車嘅後花園,結果泰國率先推動電動化,中國電動車一嚟,直接就成咗香口格,再睇日系車,喺泰國嘅市場份額嘩嘩嚟咗落。

如果印度係電動化一加速,歷史大概率會重演,而而家呢次,日系車連逃嘅地方都快冇咗,點樣預防,將成為日本車廠嘅首要問題。
再講政策,印度嘅政策就似一鍋咖哩,你永遠唔知下一口食到係雞肉定係馬鈴薯。
呢個魔幻嘅國家,今日係低關稅鼓勵建廠,明日就可能罰你一筆巨款,更令人頭痛嘅係強制合資,外國車廠想喺印度賣車,要搵本地夥伴搭檔,等你工廠建好咗、供應鏈搭完咗,印度直接背刺你,到嗰陣無論係加錢定撤資,換嚟嘅都係心痛。
所以你看,印度呢個市場,就好似一個睇落好甜嘅芒果,咬落去第一口仲行,再啃幾口就摸著硬核。
日系車而家嘅算盤係,趁住核都未硌牙,趕緊多啃幾口,但核遲早會硌到,只係唔知係邊一日。
尾聲
日系車呢趟印度之旅,唔係去旅遊,係去搵食。
中國同東南亞嘅飯桌更擁擠,生產、運輸嘅成本又提高咗,放眼全球,就印度呢口鍋仲冒住熱氣,哪怕入面煮嘅係咖哩味嘅石頭,都要硬著頭皮啃落去。
日本車廠想擴大市場,印度想嘅係拉動經濟、解決就業,雙方都有各自嘅心思。
至於結局係日系車喺印度重新封神,定係好似當年嘅部分友商一樣灰溜溜走人,那就唔知啦。
但無論點樣,呢場戲先至開始,我哋慢慢睇就得啦。
反正印度嘅故事,從來唔會悶。

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。
