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In Malaysia's SUV market, many buyers compare Proton X70 and MG MG HS when choosing a car. Both 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.
The Proton X70's OTR price in Malaysia is RM 106,800 - 122,300, with a total of 3 variants, including 1.5L Standard 2WD (RM 106,800), 1.5L Executive 2WD (RM 115,800), 1.5L Premium 2WD (RM 122,300), etc.
The MG MG HS's OTR price in Malaysia is RM 130,450 - 146,450, with a total of 2 variants, including 1.5L Standard (RM 105,000), 1.5L Executive (RM 115,000), etc.
From a price perspective, the Proton X70's starting price is indeed RM 23,650 cheaper than the MG MG HS. If you have a limited budget, the Proton entry-level version can already meet daily needs. However, note that the price difference of a few thousand might involve trade-offs in features, depending on your specific needs.
The Proton X70's safety rating is 5★ (ASEAN NCAP), and active safety systems include ADAS (ACC, AEB, LKA, LDA, BSM, RCTA).
The MG MG HS's safety rating is TBD, and active safety systems include Basic.
Regarding safety features, both cars have received good ratings. However, the Proton X70's ADAS (ACC, AEB, LKA, LDA, BSM, RCTA) and MG MG HS's Basic differ in functionality. If you value active safety features, you can carefully compare their feature lists.
The Proton X70 body length is 4400 mm, trunk 400 L.
The MG MG HS body length is 4400 mm, trunk 400 L.
The dimensions of both cars are almost the same, and the interior space difference is not significant. Cars of this class are fully sufficient for daily use.
The Proton X70 adopts FWD drive method.
The MG MG HS adopts FWD drive method.
The drive methods of both cars are the same, both are FWD, so the daily driving experience will not differ significantly.
Overall, Proton X70 and MG MG HS are very good models in the Malaysian market. Choosing which one depends on your personal needs and budget. We suggest doing your homework well, comparing quotes from several dealerships, and then test driving to make the final decision. Buying a car is a big matter, spending time researching will definitely not be wrong.
In the Malaysian SUV market, many buyers tend to compare Proton X70 and Chery Tiggo 8 PHEV when choosing a car. Both cars are quite close in price and positioning. Today we will make a detailed comparison from multiple aspects to save you time doing research.
Proton X70's OTR price in Malaysia is RM 106,800 - 122,300, with 3 versions in total, including 1.5L Standard 2WD (RM 106,800), 1.5L Executive 2WD (RM 115,800), 1.5L Premium 2WD (RM 122,300), etc.
Chery Tiggo 8 PHEV's OTR price in Malaysia is RM 159,750 - 159,750, with 2 versions in total, including 1.6L Turbo Standard (RM 130,000), 1.6L Turbo Premium (RM 145,000), etc.
From a pricing perspective, the Proton X70's starting price is indeed RM 52,950 cheaper than the Chery Tiggo 8 PHEV. If your budget is limited, the entry-level Proton can already meet daily needs. But also note, the few thousand cheaper might involve compromises in features, it depends on your specific needs.
Proton X70 is equipped with 1.5L Turbo, 140 hp. Official fuel consumption is 7.0 L/100km.
Chery Tiggo 8 PHEV is equipped with Hybrid, 170 hp. Official fuel consumption is 4.5 L/100km.
In terms of power, Chery Tiggo 8 PHEV's Hybrid has 30 more horsepower than Proton X70's 1.5L Turbo. However, for daily city driving, both cars have enough power, you won't feel underpowered.
Proton X70's safety rating is 5★ (ASEAN NCAP), active safety systems include ADAS (ACC, AEB, LKA, LDA, BSM, RCTA).
Chery Tiggo 8 PHEV's safety rating is TBD, active safety systems include Basic.
In terms of safety features, both cars 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 PHEV's Basic. If you value active safety, you can compare their feature lists carefully.
Proton X70 vehicle length is 4400 mm, trunk 400 L.
Chery Tiggo 8 PHEV vehicle length is 4400 mm, trunk 400 L.
Both cars have almost the same dimensions, interior space difference is not significant. Cars in this class are completely sufficient for daily use.
Proton X70 adopts FWD drive system.
Chery Tiggo 8 PHEV adopts FWD drive system.
Both cars have the same drive system, both are FWD, daily driving experience won't differ much.
Overall, both Proton X70 and Chery Tiggo 8 PHEV are quite good models in the Malaysian market. Which one to choose depends mainly on your personal needs and budget. We recommend doing your homework, comparing quotes from several dealerships, then go for a test drive to make the final decision. Buying a car is a big matter, spending time on research will never be wrong.
8月1日，香港启德主场馆，座无虚席。
曼城对国际米兰，一场季前赛，硬是被两支豪门踢出了真刀真枪的味儿。常规时间1比1，点球大战国米3比1，总比分4比2拿下胜利。帕瓦尔扳平比分那一刻，看台炸了；点球决胜时，空气都是凝固的。这就是顶级足球的压迫感，隔着屏幕都能让人手心冒汗。
作为曼城和国际米兰双边的官方合作伙伴，同时也是本次赛事的赞助商，比亚迪全力助阵巅峰之战，彰显中国品牌的全球格局，新能源科技邂逅足球热爱，实现中国品牌与世界顶级足球 IP 的双向奔赴。
但今天我想聊的，不是比分。
现场有一群穿统一队服的小孩，特别扎眼。他们不是普通的小球迷——队伍里有中国足球小将的队员，还有从新疆伊犁、陕西宁陕、贵州兴仁、普安、元宝这些偏远山区来的孩子。比亚迪把他们请到了现场，让他们坐在看台上，亲眼看着福登、帕瓦尔这些平时只能在电视里见到的球星，在眼前奔跑、拼抢、进球。
说实话，这比任何青训教材都管用。
现场看球和看电视，完全是两码事。你能听到球鞋摩擦草皮的声音，能感受到球员跑动时带起的气流，能看到无球跑位那些转瞬即逝的细节。这些山里的孩子，平时可能连一块像样的球场都难找，现在却坐在世界级球场的看台上，看着最顶级的足球如何运转。
有句老话说得好：眼界开了，人就回不去了。
比亚迪这事儿做得挺聪明，也挺厚道。作为曼城和国际米兰双方的官方合作伙伴，他们负责了球队通勤、赛事后勤保障，把新能源车开进了顶级体育场景里。但更值得说的是另一条线——他们一直在做青少年足球公益这件事。
从欧洲杯到世界杯，从德国到意大利，已经有过百人次的足球少年被带出去看世界。上个月，中国足球小将U12队刚在意大利西吉斯蒙迪杯上7战全胜夺冠。这个月，他们又站在了曼城国米的看台上。一步一步，让这些孩子从山野田间，走向世界足球的中心。
中国足球的未来在哪？不在豪言壮语里，在这些孩子亲眼所见的震撼里，在他们心里那颗被点燃的种子里。让他们知道足球可以踢成这样，让他们有了追赶的坐标，比什么口号都管用。
这大概就是体育最好的样子：胜负之外，还有传承和希望。
香港的这个夜晚，曼城和国米贡献了一场好球，而看台上那群来自山区的足球少年，才是这场比赛最动人的注脚。他们看见了大山之外的世界，而世界，也看见了他们。
从签约足坛豪门到助力公益足球，比亚迪以足球为桥，既彰显了全球新能源冠军的实力，也传递了品牌温度。面向未来，比亚迪将持续借助体育力量联通全球，并持续为青少年足球创造向外探索的机会，让中国足球少年被世界看见。
喺馬來西亞嘅 SUV 市場，好唔少買家喺揀車嗰陣都會用寶騰 X70 同奇瑞 Tiggo 7 Pro 嚟做比較。
寶騰 X70 喺馬來西亞嘅 OTR 售價係 RM 106,800 - 122,300，一共有 3 個版本，包括 1.5L Standard 2WD（RM 106,800）、1.5L Executive 2WD（RM 115,800）、1.5L Premium 2WD（RM 122,300）等。
奇瑞 Tiggo 7 Pro 喺馬來西亞嘅 OTR 售價係 RM 123,750 - 123,750，一共有 2 個版本，包括 1.6L Turbo Standard（RM 125,000）、1.6L Turbo Premium（RM 140,000）等。
從價錢嚟睇，寶騰 X70 嘅起步價確實比奇瑞 Tiggo 7 Pro 平咗 RM 16,950。如果你預算有限，寶騰嘅入門版已經可以满足日常需求。但亦要記住，平嘅嗰幾千蚊，喺配備上可能會要有取舍，具體要看你嘅需求。
寶騰 X70 搭載 1.5L Turbo，馬力 140 hp。官方油耗 7.0 L/100km。
奇瑞 Tiggo 7 Pro 搭載 1.5L Turbo，馬力 140 hp。官方油耗 7.0 L/100km。
兩款車用緊同一套動力系統，日常開起嚟嘅感覺基本冇咩分別。油耗方面都差唔多，唔使太糾結呢一點。
寶騰 X70 車身長 4400 mm，車廂 400 L。
奇瑞 Tiggo 7 Pro 車身長 4400 mm，車廂 400 L。
兩款車嘅尺寸差唔多一樣，車內空間分別唔大。呢個級別嘅車，日常使用完全夠用。
寶騰 X70 保用 5 年/150,000km，保養間隔 每 10,000km 或 6 個月。
奇瑞 Tiggo 7 Pro 保用 3 年/100,000km，保養間隔 每 10,000km 或 6 個月。
總嚟嚟講，寶騰 X70 同奇瑞 Tiggo 7 Pro 都係馬來西亞市場幾唔錯嘅車型。揀邊一輛，關鍵都係睇你嘅個人需求同預算。建議大家做好功課，多比較幾間車行之報價，再去試駕先做最終決定。買車係件大事，花少少時間做功課絕對唔會錯。
[Lead: The latest Q2 2026 financial report released by General Motors proves a fact: although multinational automakers face challenges in the new energy vehicle era, they still show tenacious vitality.]
Author: Zhang Dachuan
How is the life of multinational auto giants so far this year? Recently, General Motors presented a passable mid-term exam result.
The Q2 2026 financial report of General Motors shows that the company achieved revenue of $48 billion this quarter, up 1.9% year-on-year, higher than the market's prior expectation of $46.67 billion; Adjusted EBIT reached $3.9 billion, with the profit margin rising to 8.2%. Thanks to the positive expectations for annual operating performance and market prospects, the company raised its full-year performance guidance for the second time this year, increasing the Adjusted EBIT target range to $14 billion to $16 billion.
△ General Motors' Q2 financial report performance data was good
However, there is a drag factor in the report. Affected by about $2.3 billion in strategic restructuring expenses for the electric vehicle business, General Motors' net income attributable to shareholders for this quarter was $1.3 billion, a year-on-year decline of 31.1%. However, if this non-recurring factor is excluded, the company's core operating profitability has actually improved significantly compared to the same period last year, and overall performance remains robust.
△ Electric vehicle business strategic restructuring brought about a $2.3 billion expense impact
GM North America business profitability remains strong
The North American market remains the most important profit source for General Motors and the core foundation supporting its overall performance. In Q2 2026, GM's North American business achieved Adjusted EBIT of $3.446 billion, contributing the vast majority of the company's operating profit; the Adjusted EBIT margin further increased to 8.6%, up 2.5 percentage points year-on-year, with profitability continuing to strengthen.
This is mainly due to the continued strong sales of high-profit models under brands such as Chevrolet and GMC in the North American market. General Motors has held the title of best-selling full-size SUV in the US for 52 consecutive years and has ranked first in full-size pickup sales for 7 consecutive years, holding about a 43% market share in this high-profit segment. Even facing strong competitors such as Ford's F-Series and RAM under Stellantis, General Motors maintains its leading position through the synergy of multiple brands such as Chevrolet and GMC. The new generation Chevrolet Silverado and GMC Sierra 1500 scheduled to launch in Q4 this year are expected to further consolidate its competitive advantage in North America's most profitable segment.
△ General Motors holds about a 43% market share in the North American full-size pickup segment
Compared to the electric vehicle business which is still in an adjustment phase, General Motors' intelligent connected business is gradually growing into a new profit growth engine, with the profitability of software subscriptions and digital services continuing to be released. The report shows that by the end of Q2, OnStar deferred revenue reached $6.3 billion, up nearly 50% year-on-year, providing a solid foundation for continued recognition of future software service revenue; Super Cruise confirmed revenue grew by about 70% year-on-year, maintaining a high-speed growth trend. Compared to traditional vehicle business, software and digital services have higher gross margins and stronger sustainable profitability. As related business scales continue to expand, General Motors will not only be able to generate more recurring income throughout the vehicle lifecycle but also optimize the revenue structure and improve overall profit quality and financial performance.
△ General Motors' intelligent connected business is gradually growing into a new profit growth engine
SAIC-GM's strategic status rises
In General Motors' Q2 2026 financial report, the China business remains under close attention. Although General Motors has continued to scale back investments in China in recent years, the equity earnings from the China business still grew by 16.9% year-on-year and have been profitable for seven consecutive quarters, showing strong operational resilience.
As the most important joint venture for General Motors in China, SAIC-GM's performance was also commendable. According to the June production and sales quick report released by SAIC Motor, in the first half of 2026, SAIC-GM's cumulative wholesale sales reached 231,200 units, a year-on-year decline of 5.68%, significantly better than the overall domestic passenger car market decline of 20.2%, and it is one of the mainstream joint venture automakers with the smallest sales decline. This is mainly due to the stable performance of main models such as Buick GL8, Envision family, and new LaCrosse. At the same time, SAIC-GM's new energy business grew rapidly, with sales close to 50,000 units in the first half of the year, up 81.1% year-on-year. Among them, Buick Zhijing E7 launched in April contributed more than 60% of the new energy sales and is becoming a new growth engine.
△ SAIC-GM outperformed the domestic overall car market in the first half of the year
It is worth noting that SAIC-GM may play a more important strategic role in the future. Relying on China's leading advantages in new energy and intelligence, SAIC-GM is gradually transforming from a market and profit contributor in the past to an important output platform for General Motors' global technological innovation. Taking the "Xiao Yao" super integrated architecture equipped with Zhijing E7 as an example, General Motors has already upgraded its battery wireless management system and thermal runaway protection standards to global safety standards for mid-level models. In early 2026, Buick and Chevrolet new energy models built on this architecture have entered the Mexican, Thai, and Brazilian markets in CKD form, with core three-electric systems and intelligent control modules supplied by Chinese factories. In the future, General Motors also plans to apply the "Xiao Yao" architecture's smart cockpit and intelligent driving underlying technology to mid-size pure electric SUVs in the North American market by 2027.
△ SAIC-GM is gradually transforming into an important output platform for General Motors' global technological innovation
Foreign automakers have not lost competitiveness
General Motors' financial report shows that in the new energy vehicle era, although multinational automakers face huge challenges, they have not truly lost competitiveness, and their operating concepts and system capabilities are still worth reference for Chinese automakers.
First, shifting from scale competition to profit competition. Compared to many domestic automakers that still view sales and market share as the primary goal, General Motors focuses more on profitability and shareholder returns. Relying on high-profit pickups, large SUVs, and Cadillac products, General Motors has built a mature product structure and brand premium system. Even though sales are no longer at the top globally, it can still maintain high per-car profits and ample cash flow. This also shows that for automotive enterprises, true competition is not just about selling more cars, but selling more valuable and more profitable cars.
△ Even though sales are no longer at the top globally, General Motors can still maintain high per-car profits and ample cash flow
Second, building long-term competitiveness, rather than pursuing short-term explosions. General Motors' century-long development history shows that an enterprise's core competitiveness comes not only from the products themselves but also from brand accumulation, global operation systems, and continuous operating capabilities. From R&D, procurement, and manufacturing to quality management and compliance governance, mature system capabilities allow enterprises to have resilience across industry cycles. As Chinese automakers accelerate their global layout, these "soft powers" will also become an important foundation for building world-class automotive groups.
△ Chinese automakers need to compete with multinational automaker giants like General Motors in the long term
Finally, multinational automakers still have certain competitive advantages. Currently, Chinese automakers have established a leading advantage with new energy and intelligence, but the global automotive industry's competitive landscape is far from settled. General Motors, Toyota, Volkswagen, and other multinational automakers still possess strong financial strength, global brand influence, mature manufacturing systems, and stable profitability; once they make breakthroughs in key technologies such as electrification and intelligent driving and form synergy with their own global operation capabilities, they still have the potential to reshape competitive advantages. In the future, competition in the global automotive industry is more likely to be a long-term game between Chinese automakers' innovation advantages and multinational automakers' system advantages, rather than a simple "who replaces who".
Commentary
In the new energy vehicle era, competition is already not just about sales, but a comprehensive test of profitability, system capability, and globalization capability. Chinese automakers are redefining technological innovation, while multinational automakers still possess deep brand accumulation, operating experience, and financial strength. In the future, competition in the global automotive industry will not be a simple "new forces replacing old giants," but more likely a long-term race between innovation advantages and operational advantages.
(This article is original to Heyan Yueche, unauthorized reprinting is prohibited)
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-3 嚟做比較。呢兩款車喺價位同定位上都幾近嘅，今日我哋就從多個方面做一個詳細嘅比較，幫你省下做功課嘅時間。
寶騰 X70 喺馬來西亞嘅 OTR 售價係 RM 106,800 - 122,300，一共有 3 個版本，包括 1.5L Standard 2WD（RM 106,800）、1.5L Executive 2WD（RM 115,800）、1.5L Premium 2WD（RM 122,300）等。
馬自達 CX-3 喺馬來西亞嘅 OTR 售價係 RM 126,159 - 139,159，一共有 2 個版本，包括 2023 2.0L High（RM 139,159）、2023 2.0L Plus（RM 126,159）等。
從價錢嚟睇，寶騰 X70 嘅起步價確係比馬自達 CX-3 平咗 RM 19,359。如果你預算有限，寶騰嘅入門版已經可以滿足日常需求。但要緊記，平嗰幾千蚊，可能喺配備上會有取舍，具體要睇你嘅需求。
寶騰 X70 裝有 1.5L Turbo，馬力 140 hp。官方油耗 7.0 L/100km。
馬自達 CX-3 裝有 1.5L Turbo，馬力 140 hp。官方油耗 7.0 L/100km。
兩款車用嘅係同一套動力系統，日常開嘅感受基本冇分別。油耗方面都幾似，唔使太糾結這一點。
寶騰 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)。
馬自達 CX-3 嘅安全評級係 5★ (ASEAN NCAP)，主動安全系統包括 i-Activsense。
兩款車嘅安全評級一樣，喺呢個級別入面安全配備都算俾得好齊全。而家嘅新車安全性都唔差，唔使太擔心這一點。
寶騰 X70 車身長 4400 mm，行李箱 400 L。
馬自達 CX-3 車身長 4500 mm，行李箱 450 L。
空間方面，馬自達 CX-3 嘅車身比寶騰 X70 長咗 100 mm，乘坐空間更有優勢。不過寶騰 X70 喺城市入面停車會靈活少少，各有取舍。
寶騰 X70 採用 FWD 驅動方式。
馬自達 CX-3 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。
總體嚟講，寶騰 X70 同馬自達 CX-3 都係馬來西亞市場幾唔錯嘅車型。揀邊輛，關鍵都要睇你嘅個人需求同預算。建議大家做好功課，多比較幾間車行嘅報價，先至去試駕做最終決定。買車係件大事，花啲時間做功課絕對唔會錯。
喺馬來西亞嘅 SUV 市場，好多買家喺揀車嘅時候都會拿 Proton X50 同 GWM Haval H6 嚟做比較。呢兩款車喺價位同定位上都幾接近，今日我哋就從多個方面做一個詳細嘅對比，幫你省下做功課嘅時間。
Proton X50 喺馬來西亞嘅 OTR 售價係 RM 89,800 - 113,300，一共有 4 個版本，包括 1.5T Executive（RM 89,800）、1.5T Premium（RM 101,800）、1.5T Flagship（RM 113,300） 等。
GWM Haval H6 喺馬來西亞嘅 OTR 售價係 RM 139,750 - 139,750，一共有 2 個版本，包括 1.5L Turbo Standard（RM 140,000）、1.5L Turbo Premium（RM 155,000） 等。
從價錢來看，Proton X50 嘅起步價確實比 GWM Haval H6 平咗 RM 49,950。如果你預算有限，Proton 嘅入門版已經可以滿足日常需求。但要留意，平嗰幾千蚊，可能在配備上會有取捨，具體要看你嘅需求。
Proton X50 嘅安全評級係 5★ (ASEAN NCAP)，主動安全系統包括 ADAS (ACC, AEB, LKA, LDA, BSM, RCTA)。
GWM Haval H6 嘅安全評級係 TBD，主動安全系統包括 Basic。
安全配備方面，兩款車都拿到唔錯嘅評級。不過 Proton X50 嘅 ADAS (ACC, AEB, LKA, LDA, BSM, RCTA) 同 GWM Haval H6 嘅 Basic 喺功能上有啲分別，如果你比較睇重主動安全嘅話，可以仔細對比吓兩者嘅功能列表。
Proton X50 車身長 4400 mm，後備箱 400 L。
GWM Haval H6 車身長 4400 mm，後備箱 400 L。
兩款車嘅尺寸幾乎一樣，車內空間分別唔大。呢個級別嘅車，日常使用完全夠用。
Proton X50 保修 5 年/150,000km，保養間隔 每 10,000km 或 6 個月。
GWM Haval H6 保修 7 年/150,000km，保養間隔 每 10,000km 或 6 個月。
總括嚟講，Proton X50 同 GWM Haval H6 都係馬來西亞市場幾唔錯嘅車型。揀邊一輛，關鍵就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無錯。
July 8, 2026, globally leading Physical AI company Momenta officially listed on the Hong Kong Stock Exchange with stock code 6880.HK, becoming the "First Physical AI Stock". The opening market on the first day was hot, with the stock price surging over 6% at the opening, and the total market cap breaking 70 billion HKD.
According to the placement results previously announced by Momenta, the listing price was 295.6 HKD/share. Assuming the "Green Shoe" (oversubscription option) is fully exercised, this global offering is approximately 22.93 million shares, with total funds raised at approximately 6.8 billion HKD. The market subscription response was enthusiastic: the public offer portion received 414 times oversubscription; the international offering portion received institutional orders exceeding 100 billion HKD, covering sovereign funds and long-term funds from 15 countries and regions. Total oversubscription (excluding cornerstone, before Green Shoe) reached approximately 44 times.
It is reported that Momenta's anchor subscription lineup this time was luxurious, including Singapore Government Investment Corporation (GIC), Fidelity International (Fidelity International), BlackRock Group (BlackRock), Franklin Templeton Fund Group (Franklin Templeton), Abu Dhabi Investment Authority (ADIA), Canada Pension Plan Investment Board (CPPIB), Temasek (Temasek), Wellington (Wellington), Schroders (Schroders), and other global top institutions; at the same time, the all-round optimism of domestic long-term capital further confirmed Momenta's core position and strategic value in the domestic market: domestic top long-term private, public, and insurance capital gathered rarely, forming a solid domestic capital foundation. The long-term capital subscription amount alone exceeded 15 times, showing global long-term investors' confidence in Momenta's long-term value. Additionally, it is understood that Momenta's IPO this time introduced 14 institutions to form a super-luxury cornerstone investor lineup, with total cornerstone subscription at approximately 3 billion HKD (approximately 376 million USD). The composition of the entire cornerstone investor lineup is rare in recent Hong Kong Stock Market IPOs: it includes international top long-term funds and sovereign funds focusing on ultra-long cycle value growth, industry "top-spec" strategic investors, and Chinese capital top long-term institutions, fully highlighting Momenta's scarce status in the Hong Kong Stock Market and becoming the "Common Choice of Global Long-Term Investors".
Just the day before, Momenta announced that its mass production vehicle installation scale has broken 1 million units.
At the listing ceremony, Momenta CEO Cao Xudong stated: "Ten years ago, we founded Momenta, just to follow a simple yet firm mission: Better AI, Better Life. Better AI stems from our curiosity. Obsession and curiosity about artificial intelligence make our lives 'vibrant'. Better Life carries our sense of mission. Believing that the value of technology lies in making people's lives safer, freer, and better. Therefore, we set three ten-year visions: save millions of lives in ten years, free up 100% of time in ten years, and double logistics and travel efficiency in ten years. Now, we have brought a safer and more reassuring driving experience to over 1 million users."
When talking about the company's future development direction, Cao Xudong started from the company's past technical accumulation and extended to the next stage intelligent scenarios. "In the past ten years, we taught AI to drive, bringing professional drivers to every family; in the next ten years, we will bring service scenarios for professional nannies, doctors, teachers, and other robots to every family, creating the 'GPT Moment' for Physical AI. Hope to work with all Chinese AI companies to write the Oriental Silicon Valley legend, embrace the world, and let the world also embrace Chinese technology."
Global Long-Term Common Choice: Anchored Subscription by Dozens of Top Long-Term Funds, Consistently BullishCarefully reviewing Momenta's anchor subscription institutions and cornerstone investor list, you can find that it has extremely high value, every one is a leader in global finance, industry, and other niche fields.
For example, sovereign funds focusing on long-cycle value investment gathered Singapore Government Investment Corporation, Abu Dhabi Investment Authority, Canada Pension Plan Investment Board, Temasek, Oman Investment Authority, etc. Asset management institutions gathered a "all-star roster" including Fidelity International, BlackRock, Goldman Sachs, JPMorgan, UBS, CIC, etc., fully showing consistent recognition of Momenta's financial performance and long-term value in the Physical AI field.
In the cornerstone list, Singapore Government Investment Corporation and Fidelity International led the investment strongly, both receiving an allocation of 100 million USD; BlackRock Group invested 25 million USD, Oaktree Capital invested 20 million USD, Franklin Templeton Fund Group invested 10 million USD. Industry "top-spec" strategic investors include leaders of international and Chinese car companies - Mercedes-Benz and BYD, investing 25 million USD and 15 million USD respectively; industry chain partner GigaDevice invested 6 million USD. Chinese capital top long-term private, public, and insurance capital includes China's top private funds High-Flyer and Boyu, China's top public funds Huaxia and GF, and long-term insurance capital leader Pacific Insurance, each investing 10 million USD.
The past investment history of the two leading investors can be said to be remarkable. Among them, the globally well-known sovereign fund Singapore Government Investment Corporation has invested in a series of globally well-known technology companies in recent years, including large model leader company Anthropic, TSMC, etc., and previously invested in well-known industry leaders like Alibaba, Meituan, Kuaishou, etc. And global top asset management institution Fidelity International has made long-term investments in Tencent, Alibaba, BYD, CATL, etc. In recent years, it has also invested in many AI field leaders like Zhongji Xuchuang, Cambricon, etc. through its funds. Choosing to lead Momenta may mean they have already viewed Momenta as one of the core targets of the AI track.
Notably, Mercedes-Benz and BYD also appeared in Momenta's cornerstone list, joining hands to support. As a benchmark of the global automotive industry and leader of new energy vehicle companies, Mercedes-Benz and BYD are both Momenta's old shareholders and partners. This time as cornerstone continuing to add investment and accompanying along the way, it fully reflects recognition of Momenta's physical AI technology leadership advantage and commercial prospects, and further deepens the moat of each other's strategic cooperation.
Before IPO, Momenta has obtained multiple rounds of financing. The shareholder lineup gathered the world's most core industry and technology strategic investors, as well as global top financial investors. The super-luxury, diverse shareholder lineup not only provided strategic and capital support to Momenta but also helped Momenta grow rapidly from aspects of business synergy, user growth, and global layout.
Mass Production Breaks 1 Million Units: One Model "Conquers All", Accelerating Towards "General Physical AI" EraMomenta was founded in 2016 and is a globally leading Physical AI company, committed to creating a better life through breakthrough AI technology. Momenta uses World Model as the foundation, based on "Data Flywheel" technology insights, Mass Production Business (Mass Production) and Scalable Robo Business (Scalable Robo) "two legs" running in parallel, letting Physical AI walk into real life.
This April, Momenta R7 World Model Mass Production Debut, opening the "Physical AI Preface". Momenta is committed to building the foundation platform of Physical AI, supporting passenger cars, autonomous logistics vehicles (Robovan), autonomous trucks (Robotruck), and autonomous taxis (Robotaxi) scaled landing, and will also extend to fields such as robots. As the foundation model of Physical AI, R7 World Model is expected to become the key breakthrough point to stimulate Physical AI's "GPT Moment", and lead the industry to accelerate towards the "General Physical AI" era.
Relying on the first-mover advantage in Physical AI, World Model, and Commercialization, Momenta's "Flywheel Effect" has fully manifested: in 2022, the first 100,000 units mass production took 24 months, now the fastest 100,000 units delivery can be completed in less than 40 days. Currently, the scale of mass-produced vehicles equipped with Momenta system has broken 1 million units, successfully delivered over 100 mass production models, cumulative targeted model count exceeds 210 models. Momenta's customers have covered all domestic mainstream passenger car enterprises, and 9 out of the top 10 global car companies have cooperated with it.
The prospectus shows that Momenta's revenue scale achieved leapfrog growth in the past three years: from 2023 to 2025, Momenta's operating income grew from 743 million CNY to 2.413 billion CNY, tripled in three years, compound annual growth rate exceeds 80%. Among them, licensing revenue growth performance was particularly bright, increasing 42 times in three years. At the same time, Momenta's gross margin continued to rise, from 17.5% in 2023 to 71.6% in 2025, increasing four times in three years. As of the end of 2025, company cash reserves exceeded 10 billion CNY, providing strong support for accelerating Robo market and global development.
In terms of global layout, Momenta's mass production solution has been landed in more than 10 countries and regions in Asia, Europe, Oceania, Latin America, and North Africa. Momenta Robotaxi has cooperated with global ride-hailing platforms such as Uber, Grab, Lumo, Ridego, and car companies such as Mercedes-Benz, etc. Currently landed in Asia, Europe, and Middle East regions, and plans to land in multiple new cities and regions globally this year.
This Hong Kong IPO will not only inject strong momentum into Momenta's technology evolution and business expansion but also set a new benchmark for the capitalization and scaled development of the Physical AI industry, becoming an important milestone for global Physical AI from theoretical research to commercial landing. At the same time, the IPO is also expected to further accelerate Momenta's globalization process, promoting the progress of the global Physical AI industry with "Chinese Solution" in the wave of AI technology going global.
喺馬來西亞嘅 SUV 市場，好多買家喺揀車嘅時候都會拎 馬自達 CX-80 同 路虎 發現運動版 來做比較。呢兩部車喺價位同定位上都幾近，今日我哋就由多個方面做一次詳細嘅比較，幫你慳做功課嘅時間。
馬自達 CX-80 喺馬來西亞嘅 OTR 售價係 RM 296,610 - 296,610，一共有 1 個版本，包括 2025 2.5L 65km High Plus（RM 296,610） 等。
路虎 發現運動版 喺馬來西亞嘅 OTR 售價係 RM 499,800 - 499,800，一共有 1 個版本，包括 Standard（RM 499,800） 等。
從價錢睇來，馬自達 CX-80 嘅起步價確實比 路虎 發現運動版 平咗 RM 203,190。如果你預算有限，馬自達嘅入門版已經可以满足日常需要。但都要注意，嗰幾千蚊嘅差價，可能喺配備上有取捨，具體要睇你嘅需要。
馬自達 CX-80 搭載 2.0L Turbo，馬力 220 hp。官方油耗 9.5 L/100km。
路虎 發現運動版 搭載 3.0L Turbo，馬力 350 hp。官方油耗 12.0 L/100km。
動力方面，路虎 發現運動版 嘅 3.0L Turbo 比 馬自達 CX-80 嘅 2.0L Turbo 多咗 130 匹馬力。不過日常喺市區開，兩部車嘅動力都夠用，唔會覺得唔夠力。
馬自達 CX-80 車身長 4500 mm，行李箱 450 L。
路虎 發現運動版 車身長 4400 mm，行李箱 400 L。
空間方面，馬自達 CX-80 嘅車身比 路虎 發現運動版 長咗 100 mm，車內乘坐空間會寬鬆啲，尤其係後座腿部空間。如果你經常帶家人或者需要放嬰兒手推車，大啲嘅車身確實更實用。
馬自達 CX-80 保養保證 5 年/150,000km，保養間隔 每 10,000km 或者 6 個月。
路虎 發現運動版 保養保證 3 年/100,000km，保養間隔 每 10,000km 或者 6 個月。
總括嚟講，馬自達 CX-80 同 路虎 發現運動版 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要同預算。建議你哋做足功課，多比較幾間車行嘅報價，先至去試駕做最終決定。買車係件大事，花少少時間做功課絕對唔會錯。
喺馬來西亞嘅 SUV 市場，好多買家喺揀車嘅時候都會拿現代 Palisade 同 Volvo XC40 來做比較。呢兩部車喺價位同定位上都好接近，今日我哋就從多個方面做一個詳細嘅對比，幫你省下做功課嘅時間。
現代 Palisade 喺馬來西亞嘅 OTR 售價係 RM 368,838 - 399,838，一總共有 4 個版本，包括 2023 3.8L 2WD Luxe 7 Seats Petrol（RM 399,838）、2023 2.2T 4WD Executive 7 Seats Diesel（RM 389,838）、2023 3.8L 2WD Luxe 8 Seats Petrol（RM 378,838） 等。
Volvo XC40 喺馬來西亞嘅 OTR 售價係 RM 278,888 - 278,888，一總共有 1 個版本，包括 2025 2.0T Plus（RM 278,888） 等。
由價錢睇，Volvo XC40 嘅起步價比現代 Palisade 平咗 RM 89,950。實話講，喺呢個價位段，幾千蚊嘅差距其實唔算大，關鍵仲係睇整體嘅性價比同長期使用成本。
現代 Palisade 配備 2.0L Turbo，馬力 220 hp。官方油耗 9.5 L/100km。
Volvo XC40 配備 2.0L Turbo，馬力 220 hp。官方油耗 9.5 L/100km。
兩部車用住同一套動力系統，日常開落去嘅感受基本無分別。油耗方面都差唔多，唔使太糾結呢點。
現代 Palisade 嘅安全评分係 TBD，主動安全系統包括 Basic。
Volvo XC40 嘅安全评分係 5★ (Euro NCAP)，主動安全系統包括 Pilot Assist, City Safety (標準)。
安全配備方面，兩部車都取得唔錯嘅評分。不過現代 Palisade 嘅 Basic 同 Volvo XC40 嘅 Pilot Assist, City Safety (標準) 喺功能上有些分別，如果你比較重視主動安全嘅話，可以詳細對比下兩者嘅功能列表。
現代 Palisade 採用 FWD 驅動方式。
Volvo XC40 採用 FWD 驅動方式。
兩部車嘅驅動方式一樣，都係 FWD，日常駕駛感受唔會有太大分別。
現代 Palisade 同 Volvo XC40 都係馬來西亞市場嘅主流選擇，適合家庭使用、日常通勤。如果你更重視品牌口碑同二手價，可以優先考慮口碑更好嗰款；如果你更介意性價比同配備，那就揀配置更豐富嗰款。最終仲係建議兩部都去試駕，親身體驗先係最重要嘅。
總括嚟講，現代 Palisade 同 Volvo XC40 都係馬來西亞市場幾唔錯嘅車型。揀邊一部，關鍵仲係要睇你嘅個人需求同預算。建議大家做好功課，多比較幾間車行嘅報價，先至去試駕做最終決定。買車係件大事，花少少時間做功課絕對唔會錯。
喺馬來西亞嘅轎車市場，好多買家喺揀車嘅時候都會拿 Toyota Camry 同 BMW 3 Series 來做比較。這兩款車喺價位同定位上都算係接近，今日我哋就從多個方面做一個詳細嘅比較，幫手省做功課嘅時間。
Toyota Camry 喺馬來西亞嘅 OTR 售價係 RM 221,800 - 248,800，一共有 2 個版本，包括 2025 HEV 2.5L Standard（RM 248,800）、2025 2.5L Standard（RM 221,800）等。
BMW 3 Series 喺馬來西亞嘅 OTR 售價係 RM 267,800 - 392,800，一共有 2 個版本，包括 320i Sport（RM 248,000）、330i M Sport（RM 298,000）等。
由價錢睇落，Toyota Camry 嘅起步價確實比 BMW 3 Series 平咗 RM 46,000。如果你預算有限，Toyota 嘅入門版已經可以滿足日常需求。但都要留意，平嗰幾千蚊，可能在配備上會有取舍，具體要看你嘅需求。
Toyota Camry 搭載 2.0L 4-cyl，馬力 170 hp。官方油耗 8.0 L/100km。
BMW 3 Series 搭載 2.0L Turbo，馬力 220 hp。官方油耗 9.5 L/100km。
動力方面，BMW 3 Series 嘅 2.0L Turbo 比 Toyota Camry 嘅 2.0L 4-cyl 多咗 50 匹馬力。不過日常喺市區開，兩款車嘅動力都夠用，唔會覺得唔夠力。
Toyota Camry 車身長 4400 mm，行李廂 400 L。
BMW 3 Series 車身長 4400 mm，行李廂 400 L。
兩款車嘅尺寸幾乎一樣，車內空間分別唔大。呢個級別嘅車，日常使用完全夠用。
Toyota Camry 採用 FWD 驅動方式。
BMW 3 Series 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。
Toyota Camry 保修 5 年/無限里程，保養間隔 每 10,000km 或 6 個月。
BMW 3 Series 保修 5 年/無限里程，保養間隔 每 10,000km 或 6 個月。
總嘅嚟講，Toyota Camry 同 BMW 3 Series 都係馬來西亞市場好唔錯嘅車型。揀邊一部，關鍵都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無錯。
喺馬來西亞嘅汽車市場，好多買家喺揀車嗰陣都會拿 MG MG HS 同 Mercedes-Benz GLA 嚟做比較。今日我哋由多個方面做一個詳細嘅比較，幫你攞啲做功課嘅時間。
MG MG HS 喺馬來西亞嘅 O T R 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。
Mercedes-Benz GLA 喺馬來西亞嘅 O T R 售價係 RM 258,888 - 295,888，一共有 1 個版本，包括 Standard（RM 258,888）等。
由價錢嚟睇，MG MG HS 嘅起價確實比 Mercedes-Benz GLA 平咗 RM 128,438。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，可能喺配備上會有取舍，具體要睇你嘅需要。
MG MG HS 嘅安全評級係 TBD，主動安全系統包括 Basic。
Mercedes-Benz GLA 嘅安全評級係 5★ (Euro NCAP)，主動安全系統包括 Premium ADAS。
安全配備方面，兩款車都拿到唔錯嘅評級。不過 MG MG HS 嘅 Basic 同 Mercedes-Benz GLA 嘅 Premium ADAS 喺功能上有些差異，如果你比較看重主動安全嘅話，可以仔細對比吓兩者嘅功能列表。
MG MG HS 採用 FWD 驅動方式。
Mercedes-Benz GLA 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。
MG MG HS 同 Mercedes-Benz GLA 都係馬來西亞市場嘅主流選擇，適合家庭使用、日常通勤。如果你更看重品牌口碑同二手價，可以優先考慮口碑更好嗰一款；如果你更在意性價比同配備，那就揀配備更豐富嗰款。最終都係建議兩款都去試駕，親身體驗先係最重要嘅。
總嘅嚟講，MG MG HS 同 Mercedes-Benz GLA 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。建议大家做好功課，多比較幾間車行嘅報價，再去試駕做最後決定。買車係件大事，花點時間做功課絕對無錯。
BYD officially released the May 2026 production and sales flash report, with new energy vehicles from all brands reaching a monthly sales volume of 383,453 vehicles, a slight increase of 0.26% year-on-year, achieving year-on-year positive growth in monthly sales after ten months; among them, passenger car deliveries reached 376,990 units, surging 19.4% month-on-month, wiping out the pain of previous model iterations, presenting a new pattern where the domestic base is stable, overseas sales are soaring, and high-end brands are scaling up across the board. Amidst the market environment of intensified competition in the domestic new energy sector, Tesla FSD entering China, and an intense launch of independent new products, it has forged a unique structural growth path.
The Dynasty and Ocean main brands combined sold 330,215 vehicles in May, accounting for over 80% of the group's total sales, remaining the stabilizer for BYD's sales volume. The full series had 8 models exceeding 20,000 units in monthly sales, covering products from 50,000 entry-level commuter to 200,000 home SUV.
Inside the Dynasty Network, the Yuan family sold 56,691 units, and the Song family 51,370 units. Both crossed the 50,000 threshold, becoming two major sales pillars for the brand, catering to home commuter and urban-rural travel needs; the Qin family followed closely with a stable performance of 28,360 units. The Han and Tang series maintained a volume in the six-thousand range, deeply cultivating the mid-to-large home sedan and SUV niche markets; the brand new model Xia is in the market cultivation phase, delivering 1,810 units monthly, with potential for steady volume growth as channels expand.
The Ocean Network's growth momentum is even more rapid, with 5 models entering the 20,000 club across the series: Sealion 42,615 units, Seal 34,117 units, Seagull 39,919 units, Dolphin 22,260 units, and Song PLUS 27,755 units. Among them, Seagull remains the best-selling entry-level commuter model thanks to its affordable pricing of 60,000-80,000. Sealion, as a new volume model, stands firm at the 40,000 level upon launch, filling the mid-size SUV product gap in the Ocean Network and perfecting the Ocean product tier layout. From commuter small cars to compact SUVs, the two main brands rely on DM-i hybrid and pure electric dual-line technologies to牢牢锁住 the mainstream home market share within 150,000 domestically.
Fang Cheng Bao Year-on-Year Surges 139.7%, Brand Upward Positioning Takes EffectThe high-end matrix of Denza, Fang Cheng Bao, and Yangwang sold a combined 46,489 vehicles in May, officially breaking away from the niche positioning to become a new pivot for BYD's brand premium and profit growth, breaking the industry curse of difficulty in high-end breakthrough for domestic brands.
The off-road brand Fang Cheng Bao sold 30,186 units monthly, surging 139.7% year-on-year, creating a new high in monthly sales since the brand launched. Its Titanium 7 model sold 18,280 units monthly, while Leopard 5 and Leopard 8 output remained stable, continuously squeezing the survival space for joint venture and imported models in the 250,000-400,000 hardcore off-road niche market.
Denza delivered 16,303 units in May, with the MPV benchmark D9 selling 6,721 units, and the Z9 series close to 6,000 units. MPV and mid-to-large sedan dual-line efforts helped them stand firm in the luxury new energy track; the million-level ultra-luxury brand Yangwang continued its steady climb, delivering 286 units that month, a year-on-year increase of 105.8%, completing market verification of the domestic brand ceiling product and forming a full price range product layout from 100,000+ home, 300,000-400,000 off-road, 500,000 luxury MPV to million-level flagship.
In May, BYD's overseas sales of passenger cars and pickup trucks reached 160,177 units, surging 80.7% year-on-year. Exports accounted for over 42% of the full series total sales, setting a new historical high for brand export and becoming the core driving force to stabilize May overall sales and achieve year-on-year positive growth.
Southeast Asia, Europe, and Latin America became the main incremental markets. Seagull, Song PLUS, and Yuan series continued to top new energy best-seller lists in multiple countries; the SHARK pickup truck exceeded 4,000 units in monthly exports for two consecutive months. Relying on the completion of localization production in Thailand, Brazil, Hungary, and Uzbekistan with four overseas vehicle factories, localized production continues to land, avoiding tariffs while rapidly penetrating terminal channels. Against the background of stock market competition in the domestic auto industry and normalized price wars, the rapidly expanding overseas market effectively counteracts sales volatility brought by domestic model iterations, officially upgrading from a supplementary market to BYD's core growth engine. As of now, BYD's global cumulative new energy vehicle sales have exceeded 16.5 million units, with the globalization map continuously broadening.
Intelligent Driving Empowers Product Iteration, H2 New Products Prepare to Surge VolumeMay marked a key node in BYD's intelligent driving landing, with the God's Eye intelligent driving system becoming a core bonus point for models: the number of vehicles with advanced intelligent driving across all brands exceeded 3.15 million, with daily road test data exceeding 200 million kilometers; that month, BYD implemented City Pilot and Smart Parking dual safety backup services, becoming the world's first auto manufacturer to achieve dual intelligent driving backups. Three days after policy implementation, the activation rate of models equipped with the God's Eye system in cities surged 50%. Intelligent driving experience upgrades directly drove in-store order conversion, solidifying product competitiveness for subsequent models to continue volume sales, and facing the intelligent driving market shock brought by FSD entering China.
From data details, BYD's cumulative sales from January to May 2026 were 1,405,039 units, down 20.32% year-on-year. The core reason is that the full series of main models were concentratedly iterated, and the capacity ramp-up of the 2nd Gen Fast Charge Blade Battery was restricted. The new Flash Charge Battery upgraded fast charging and low-temperature performance. Full series iteration models prioritized installing new batteries, but production line retrofitting dragged down capacity release. Order backlogs on popular models and delayed deliveries compressed the May delivery volume to a certain extent.
As the end of the second quarter approaches and the 2nd Gen Blade Battery capacity continues to release, coupled with new models such as Denza N8L, Fang Cheng Bao Titanium 7 Pure Electric Version, Sealion 05, and Xia L landing the market, the industry generally predicts that BYD's full brand sales in June are expected to exceed 400,000 vehicles. Relying on the four-dimension development logic of low-end volume locking share, high-end raising profit, overseas pushing volume, and intelligence improving product power, amidst the intensified new energy elimination round in the domestic market, BYD's full category layout advantage continues to amplify, securing its status as the domestic new energy leader, accelerating steadily towards global top auto manufacturers.
Folks, today let's talk about big news on going global—not selling cars, but selling "drivers". On June 2, WeRide and Uber jointly announced a plan: to launch the country's first commercial Robotaxi pilot service in Madrid, Spain. In other words: Spanish residents will soon be able to hail a driverless taxi via Uber. This is the first time WeRide and Uber are partnering to enter the European market. Madrid also becomes the 12th city globally where WeRide's Robotaxi arrives.
According to official news, with the support of the Madrid regional government, this service will officially launch within this year. At that time, friends in Madrid can open the Uber App and call WeRide's Robotaxi with one click. It's just like calling an ordinary ride-hailing service, the difference is the arriving car has no driver—at least initially, there is still a difference. In the initial operation phase, a professionally trained safety monitor will be on board, as it's just launched, safety comes first.
This company, WeRide, you might have heard of it, or you might not. A brief introduction: Established in 2017, it has been dedicated to Robotaxi technology R&D and commercialization. Currently, its Robotaxis cover Guangzhou, Beijing, Singapore, Abu Dhabi, Dubai, Riyadh, Zurich... plus Madrid now, totaling 12 cities. Spain is also the 5th European market WeRide has entered—previously entered Switzerland, France, Belgium, Slovakia. According to the plan agreed by WeRide and Uber in May 2025, they plan to deploy Robotaxi services in 15 new international cities within five years, deploying tens of thousands of Robotaxis globally. With the Madrid launch, the deployment in 4 cities has been completed, and 11 more will be covered successively before 2030.
To be honest, it's not the first time Chinese autonomous driving companies are going global, but the combination of Chinese technology + global mobility platform + European market is quite interesting. Madrid is one of the European Robotaxi markets with the most commercial potential, with a large population, high travel demand, and friendly local policies. Being able to take root in this market is a significant milestone for WeRide. For Uber, introducing Robotaxis is also a way to reduce costs—after all, drivers don't need salaries. For Madrid residents, hailing a taxi might be cheaper in the future.
