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喺馬來西亞嘅汽車市場，好多買家喺揀車嗰陣都會用 Chery Tiggo 8 Pro 同 GWM Haval H6 嚟比較。今日我哋從多個方面做個詳細嘅比較，幫你節省做功課嘅時間。
Chery Tiggo 8 Pro 喺馬來西亞嘅 OTR 售價係 RM 159,750 - 159,750，一共有 2 個版本，包括 1.6L Turbo 標準（RM 130,000）、1.6L Turbo 豪華（RM 145,000） 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 標準（RM 140,000）、1.5L Turbo 豪華（RM 155,000） 等。
由價錢嚟睇，GWM Haval H6 嘅起步價比 Chery Tiggo 8 Pro 平咗 RM 20,000。講真嘅，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。
Chery Tiggo 8 Pro 嘅安全評級係 TBD，主動安全系統包括 Basic。
GWM Haval H6 嘅安全評級係 TBD，主動安全系統包括 Basic。
兩款車嘅安全評級一樣，喺呢個級別入面安全配備都算畀好齊全咗。而家嘅新車安全性都唔差，唔使太擔心呢一點。
Chery Tiggo 8 Pro 保修 3 年/100,000km，保養間隔 每 10,000 公里或 6 個月。
GWM Haval H6 保修 7 年/150,000km，保養間隔 每 10,000 公里或 6 個月。
Chery Tiggo 8 Pro 同 GWM Haval H6 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，就揀配置更豐富嗰款。最終仲係建議兩款都去試駕，親身體驗先至最重要。
總體嚟講，Chery Tiggo 8 Pro 同 GWM Haval H6 都係馬來西亞市場幾唔錯嘅車型。揀邊輛，關鍵仲係睇你個人需求同預算。建議大家做好功課，多比較幾間車行嘅報價，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。
喺馬來西亞嘅汽車市場，好多買家喺選車嘅時候都會拿 Chery Tiggo 9 同 MG MG HS 嚟做比較。而家我哋由多個角度做一個詳細嘅對比，幫你節省咗做功課嘅時間。
Chery Tiggo 9 喺馬來西亞嘅 OTR 售價係 RM 166,800 - 179,800，合共 1 個版本，包括 2026 2.0T Standard（RM 179,750） 等。
MG MG HS 喺馬來西亞嘅 OTR 售價係 RM 130,450 - 146,450，合共 2 個版本，包括 1.5L Standard（RM 105,000）、1.5L Executive（RM 115,000） 等。
由價錢睇落，MG MG HS 嘅起步價比 Chery Tiggo 9 平咗 RM 36,350。老實講，喺呢個價位段，幾千蚊嘅差距其實唔算大，關鍵仲係睇整體嘅性價比同長期使用成本。
Chery Tiggo 9 嘅安全評級係 TBD，主動安全系統包括 Basic。
MG MG HS 嘅安全評級係 TBD，主動安全系統包括 Basic。
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，唔使太擔心呢一點。
Chery Tiggo 9 保養 3 年/100,000km，保養間隔 每 10,000km 或 6 個月。
MG MG HS 保養 7 年/150,000km，保養間隔 每 10,000km 或 6 個月。
Chery Tiggo 9 同 MG MG HS 都係馬來西亞市場嘅主流選擇，適合家庭使用、日常通勤。如果你更睇重品牌口碑同二手價，可以優先考慮口碑更好嗰一款；如果你更在意性價比同配備，咁就揀配置更豐富嗰款。最後都係建議兩款都去試駕，親身體驗先至係最重要嘅。
總嚟講，Chery Tiggo 9 同 MG MG HS 都係馬來西亞市場嘅唔錯車型。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，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。
7月2日，广汽集团发布6月产销公告。数据显示，上半年，全集团汽车销量77.31万辆，同比增长2.35%，其中节能与新能源车销量占比达62.82%。自主品牌出口量保持翻倍增速，上半年累计达12.15万辆，同比增132%，已接近去年全年水平。
今年以来，随着“番禺行动”系列改革积极效果传导至市场端，广汽集团自主品牌销量加速攀升。上半年，广汽自主品牌累计销量34.60万辆，同比增长35.69%。今年7月，广汽集团累计产销量将突破3000万辆里程碑，标志着规模化发展正式迈入新阶段。
自主与合资齐头并进
新能源、高端化成果加速兑现
今年以来，广汽集团在新能源和高端化赛道全面提速。
昊铂埃安BU积极推进改革及品牌焕新，上半年累计销量达18.16万辆，同比增长67.08%，C端用户占比超80%。面向大众市场的埃安持续推出多款热销车型，其中埃安i60月销持续破万，跻身A级双动力SUV销量前列；埃安N60自4月底上市以来，已交付超万辆。与此同时，锚定新豪华赛道的昊铂持续发力，20万级豪华运动SUV的昊铂S600已于6月12日上市。
埃安N60
昊铂S600
广汽传祺上半年销量达16.44万辆，同比增长12.36%。MPV家族累计销量突破88万辆，6月同比劲增36%。广汽传祺显著加快产品升级速度，传祺M6 MAX、向往E8 PHEV及向往M8 PHEV L已于上半年相继上市，并计划于今年第三季度推出首款硬派越野SUV传祺“越7”。渠道与服务同步升级，5月，广汽传祺与中升集团战略合作落地，首批12家全新授权经销门店在核心城市同步揭牌，预计全年将落地超30家。
传祺向往M8 PHEV L
今年6月，广汽集团向高端化突破取得重要进展，与华为乾崑联合打造全新高端品牌——启境，首款车型启境GT7于6月26日在杭州正式上市，24小时大定订单突破5200辆，市场反响热烈，新车将于7月初开启全国交付。启境GT7搭载华为六大汽车智能化解决方案，拥有最强全栈技术，将首批搭载华为乾崑智驾ADS 5。根据规划，启境还将于下半年推出新一代智能阔五座SUV启境GX7，双车矩阵战略正式落地，品牌发展全面驶入快车道。
启境GT7
合资板块中，广汽丰田上半年销量35.6万辆，同比增长3.29%，并于3月、4月、5月连续三个月居合资车企销量榜首。本土化开发车型持续发力，铂智3X上市以来累计终端销量已突破11万辆，刷新了合资新能源车型达成该纪录的速度，连续10个月领跑合资纯电市场，成为上半年合资纯电销冠；另一款本土开发车型铂智7上市3个月交付已破万。全球战略车型表现稳健，赛那与凯美瑞上半年于各自细分市场均居销量前列。此外，近期广汽丰田第1000万辆量产车下线，晋升千万级车企行列。
广汽丰田铂智3X
广汽本田6月销量环比增长55.65%，第二季度连续2个月实现双位数环比正增长。雅阁在《2025年度中国汽车保值率报告》中蝉联合资中型车保值率冠军。新皓影于5月20日焕新上市，作为本田首款搭载与华为云联合打造智能云车机的车型，精准回应家庭用户全场景出行需求。面向2027年，广汽本田将推出3款全新产品，覆盖燃油、混动及新能源三大领域，展现出强劲的体系韧性与转型活力。
借势2026年新能源汽车下乡，广汽8款车型入选活动名录，渠道加速下沉，年内计划落成1000家县域授权门店，截至6月底，已完成600家网点认定。产品向上、渠道向下，广汽正以体系实力打开增量新空间。
广汽本田皓影
上半年出口同比132%
全球五大区跨越式增长
随着体系化出海战略持续推进，海外市场已成为广汽集团爆发力最强的板块。1-6月，广汽自主品牌出口量达12.15万辆，同比大增132%。
广汽“体系化出海”加速全球布局
上半年，广汽在海外市场销量集中爆发，包括美洲、亚太、中东、非洲及欧洲在内的五大区域同步实现高增。其中，在美洲的墨西哥，埃安UT和ES分别位居B/C级纯电市场前三；在玻利维亚，传祺向往S7、埃安UT拿下年度插混、纯电车型销量冠军，广汽接连多月蝉联当地中国品牌乘用车市场销冠；在巴西和哥伦比亚，广汽6月销量环比分别大增1129%、804%，乌拉圭则同比增长254%。
在亚太区域，广汽市占率在多地刷新纪录。其中，在中国香港1-5月电动车市占率突破11%；泰国市场6月销量环比劲增207%；新加坡市场6月环比增长77%。非洲及中东市场也在稳步突围。继1-2月中东区域销量同比增长282%后，5月影速拿下黎巴嫩B级SUV销冠，埃塞俄比亚6月销量环比大增510%。
在备受关注的欧洲市场，广汽已建立从本地化生产到核心市场终端销售的全链路运营体系，上半年进入意、英、西等国，拿下6月希腊中国品牌纯电销量第二，同时埃安UT已于奥地利KD工厂投产。
具身智能、飞行汽车、Robotaxi
前沿科技版图加快商业化突破
广汽集团以前瞻布局加快培育新质生产力，上半年在低空经济、具身智能和自动驾驶三大赛道均实现商业化突破。
6月25日，广汽孵化的具身智能机器人企业慧仑科技与广汽动力BU签署战略协议，将联合打造万台人形机器人标准化产线，并率先在广汽动力BU工厂内部署机器人产品，加速具身智能在工业场景落地。同时，慧仑科技自研的第四代具身智能人形机器人GoMate Mini已具备全天候、全场景智慧物业运维能力，上半年在多个社区及产业园区实现常态化运营与小规模商业化落地，已获近千万元人民币订单，规划2027年实现规模化量产。
广汽第四代具身机器人GoMate Mini在广州地铁站内投入服务
在飞行汽车方面，高域科技广州黄埔工厂已于5月底落成，并下线首台飞行汽车GOVY AirCab。目前，该机型已获近2000架意向订单，适航取证稳步推进，预计年底完成认证交付。
广汽高域多旋翼飞行汽车GOVY AirCab
在Robotaxi领域，广汽与滴滴自动驾驶联合打造的Robotaxi R2已于今年1月正式交付，并先后获广州和北京两地智能网联汽车道路测试牌照，正稳步推进复杂场景下的L4级自动驾驶验证工作。旗下如祺出行“Robotaxi+”战略正推进自动驾驶规模化运营，运营的Robotaxi车辆超300辆，未来计划组建超万辆车队，覆盖100个核心城市。
下半年，广汽集团将推出硬派越野SUV传祺“越7”、面向年轻市场的埃安智能轿跑、新一代智能阔五座SUV启境GX7等重磅车型，产品阵容再升级，并将以更强劲的产品与体系实力，为用户创造超越期待的移动出行价值。
吉利汽车6月产销快报，单月销量240,799辆，连续四个月同环比双增。2026年上半年累计销量破142万辆，新能源渗透率67%，极氪单车均价稳在35万以上，吉利实现了技术溢价和体系效率的正循环。
品牌矩阵：四条线没有偏科
银河6月卖了108206辆，同比涨20%。星愿上半年累计超75万辆，全品类销量榜首拿得稳。
高端线极氪6月交付35,169辆，同比翻番还多（111%），累计交付破82万辆；领克上半年新能源销量93597辆，同比增长9%，新能源产品占比达65%；中国星系列燃油车上半年超58万辆，连续9年霸着中国品牌燃油乘用车榜首。燃油保现金流、新能源拉利润，这盘子稳得很。
结构变了：从摊大饼到捏拳头
销量涨的背后，是吉利真把一个吉利落了地。组织上，李书福明确0175.HK是核心上市平台，关停并转冗余主体，股权理顺了，决策快了，资源不散了。
产品上，四大品牌搭成金字塔，极氪冲高端立品牌，银河走量占市场，中国星守燃油基盘。没有内耗，全是合力。
市场上，不再死磕国内：上半年出口超47万辆，占总销量33.3%，东南亚、欧洲、拉美这些高价值市场成了新增长点。国内稳、海外冲，内外双循环扛住了周期波动。
全球化：10万辆不是量，是质变
6月海外出口102,874辆，单月破10万，同比涨157%。新能源占出口60.6%，极氪在中国香港、泰国这些市场直接登顶豪华品牌。从巴西建厂到进欧洲，吉利不是卖车出去，是扎下根做本土化。这10万辆，是全球体系力的有力证明。
张观小结：下半年极氪9X出海、银河新车型上市，吉利的节奏还稳着。这份半年报证明，唯有坚持长期主义与体系建设，才能在行业变革中掌握主动权。
#吉利销量连续四个月同环比增长 #吉利海外月销破10万
車型概覽
上汽大通Mifa 氫 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。 呢篇會集中講售價未落實前點樣先篩選，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
上汽大通Mifa 氫 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 605km 後驅版（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 上汽大通Mifa 氫 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。
13 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。 150 kW、310 N·m 嘅輸出，令高速併線同短距離超車更有信心。 車長 5225 mm、車闊 1980 mm、車高 1938 mm、軸距 3198 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、後置後駆 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
上汽大通Mifa 氫 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 上汽大通Mifa 氫 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「上汽大通 Mifa 氫香港落地價約幾多？」簡單講，上汽大通 Mifa 氫香港落地價約780,000–880,000 港元，視版本而定上汽大通MAXUS。 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 上汽大通Mifa 氫 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 上汽大通Mifa 氫 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
Lamborghini Urus 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。 呢篇會集中講高速巡航、併線同超車信心，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
Lamborghini Urus 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 2024 4.0T S（價格待確認）、2024 4.0T Performante（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 Lamborghini Urus 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。
471/490 kW、850 N·m 嘅輸出，令高速併線同短距離超車更有信心。 車長 5112/5137 mm、車闊 2018/2026 mm、車高 1638/1618 mm、軸距 3003/3006 mm 可以幫你預判商場停車場、屋苑車位同後排腿部空間。 手自一體(AT)、前置四駆 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
Lamborghini Urus 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，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 Lamborghini Urus 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「燃油版 Lamborghini Urus 嘅馬力同加速表現係點？」簡單講，停售前嘅 Lamborghini Urus 繼續沿用以 4.0 公升 V8 雙渦輪增壓引擎作為心臟。前期版本標準車型最大輸出約 650 匹馬力，扭力 850 Nm，0-100 km/h 加速需時 3.6 秒，極速可達 305 km/h。 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 Lamborghini Urus 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 Lamborghini Urus 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
長安UNI-Z 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。 呢篇會集中講保險、輪胎、保養同能源開支，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
長安UNI-Z 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 2025 1.5T 雙離合版（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 長安UNI-Z 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、1494 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。 188 Ps / 138 kW、300 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 4730 mm、車闊 1890 mm、車高 1680 mm、軸距 2795 mm 可以幫你預判商場停車場、屋苑車位同後排腿部空間。 濕式雙離合(DCT)、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
長安UNI-Z 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 長安UNI-Z 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「長安 UNI-Z 適合香港家庭代步嗎？」簡單講，長安 UNI-Z 空間實用、舒適靜謐，適合香港小家庭日常使用。 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 長安UNI-Z 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 長安UNI-Z 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。
車型概覽
標緻Partner 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。 呢篇會集中講每日相處是否輕鬆，幫你用買家角度篩走唔適合嘅選擇。
可用資訊集中喺車型定位、圖片同版本名稱，現階段更適合先做候選名單，再等價格同詳細規格落實。
購車價格指南
標緻Partner 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。
未有清楚版本資訊時，唔建議單靠外形下決定；先諗清楚你需要代步、家庭出行、長途巡航，定係想要更有個性嘅座駕。
核心規格重點
睇 標緻Partner 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。
標緻Partner 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
標緻Partner 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 標緻Partner 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「標緻 Peugeot Partner 適合送貨嗎？」簡單講，非常適合，標緻 Peugeot Partner 車身短小，好適合喺香港狹窄嘅街道同停車場穿梭。 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 標緻Partner 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：先由用途、品牌售後、車身大小同版本定位開始比較。
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 標緻Partner 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
奧迪R8 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。 呢篇會集中講花出去嘅錢係咪換到每日都用得着嘅便利，幫你用買家角度篩走唔適合嘅選擇。
完稅價 HK$ 2,552,000 - 2,580,000 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
奧迪R8 嘅購車預算可以先由 完稅價 HK$ 2,552,000 - 2,580,000 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 Coupé V10 GT（HK$ 2,552,000）、2025 Coupé V10 Performance（HK$ 2,580,000）、2025 Spyder V10（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 奧迪R8 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。
奧迪R8 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
奧迪R8 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。
要留意嘅係，要先確認屋苑、公司或常去商場嘅充電條件。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 奧迪R8 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「奧迪 Audi R8 喺香港仲有冇新車？」簡單講，奧迪 Audi R8 已於 2024 年正式停產，目前香港市場只有極少量庫存或二手車。 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 奧迪R8 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$ 2,552,000 - 2,580,000 鎖定預算圈。
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 奧迪R8 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。
Model Overview
Whether the Audi A5 is worth buying, the key is not how attractive it looks, but whether it can meet your actual driving needs. This article will focus on budget, loan pressure, and value within the same class.
The price is at RM 442,112, buyers can first use it to assess budget pressure and class positioning.
Car Purchase Price Guide
The car purchase budget for the Audi A5 can be measured starting from RM 442,112. This number truly affects monthly payments, insurance, and cash flow, not just the price tag in the showroom.
If you are hesitating between several versions, you can include the 2025 Sportback 2.0T quattro S line (RM 442,112) in the same list for comparison. Daily commuters should prioritize comfort and safety, while frequent highway drivers should value power, driver assistance, and cabin convenience more.
Core Parameter Summary
Looking at the core specifications of the Audi A5, the most important thing is to translate numbers into real-world feelings.
The power base of turbocharging, 4 cylinders, 1984 mL displacement, is suitable for judging whether city traffic following and highway cruising are effortless. Output of 249 Ps, 370 N·m, truly means it won't be too strenuous when fully loaded, going uphill, or overtaking. 7.1 L/100km fuel consumption directly affects refueling frequency for daily commuters. Length 4757 mm, Width 1843 mm, Height 1386 mm, Wheelbase 2824 mm, can help you predict parking difficulty and rear seat space.
Pros and Cons Analysis
The pros of the Audi A5 need not be exaggerated, what is truly valuable is whether it can make daily use more worry-free: clear budget positioning, easy to compare directly with same-class cars, clear reference for daily energy costs, power output can support highway and overtaking needs.
It needs to be noted that city parking and narrow road segments still depend on individual driving habits. These are not deductions, but life details that should be thought through clearly before placing an order.
Car Purchase FAQ
Before purchasing the Audi A5, what buyers ask most often is not single specifications, but whether it can integrate into their lives.
Who is this car for? It is for buyers who prioritize budget, loan pressure, and same-class value. What should family users look for? Prioritize rear seating, child seats, luggage, and ease of daily boarding and exiting. Will driving daily be troublesome? The 7.1 L/100km fuel consumption reference makes commuting costs easier to estimate.
Competitor Comparison Content
When adding the Audi A5 to the same-class car list, it is not recommended to look only at brand or appearance. The truly useful comparison order is: first use RM 442,112 to lock the budget range, then check if power is sufficient for highways and full loads, then compare energy costs and refueling convenience, finally check if space is suitable for family and luggage.
The results filtered this way are closer to daily life. You will be clearer if it is suitable for city commuting, family daily use, long-distance cruising, or more suitable as a choice emphasizing individuality.
Vehicle Full-Cycle Guide
Daily costs of owning an Audi A5 will most directly reflect on fuel, insurance, tires, and regular maintenance. 7.1 L/100km fuel consumption makes commuting budgets easier to manage.
If you often travel on the North-South Expressway, power and cabin comfort are more important than just a low price; if mainly in the city, parking flexibility, visibility, and low-speed smoothness will affect mood more.
車型概覽
北京汽車BJ90 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。 呢篇會集中講保險、輪胎、保養同能源開支，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
北京汽車BJ90 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 3.0T 自動版（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 北京汽車BJ90 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。
雙渦輪增壓、6 個 汽缸、2996 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。 333 Ps / 245 kW、480 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 5171 mm、車闊 1995 mm、車高 1902 mm、軸距 3100 mm 可以幫你預判商場停車場、屋苑車位同後排腿部空間。 手自一體(AT)、前置四駆 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
北京汽車BJ90 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 北京汽車BJ90 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「北京 BJ90 適合高端商務嗎？」簡單講，北京 BJ90 旗艦級豪華、空間超大、行車靜謐，頂級商務接待首選。 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 北京汽車BJ90 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 北京汽車BJ90 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。
車型概覽
SWM斯威汽車 大虎 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。 呢篇會集中講值唔值得繼續觀望，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
SWM斯威汽車 大虎 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 2025 1.5L 手動版（價格待確認）、2022 1.5L 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 SWM斯威汽車 大虎 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、4 個 汽缸、1498 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。 110 Ps / 81 kW、155 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 4605 mm、車闊 1815 mm、車高 1825 mm、軸距 2780 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
SWM斯威汽車 大虎 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 SWM斯威汽車 大虎 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「斯威大虎適合入門用戶嗎？」簡單講，斯威大虎價格極親民、操控簡單、空間夠用，入門代步首選。 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 SWM斯威汽車 大虎 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 SWM斯威汽車 大虎 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。
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。
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。
2026 年 6 月 5 日，北京越野舉辦 BJ30 旅行家「5 國·破 5 燃擎節油挑戰」主題直播活動。歷時三個多小時嘅實景路況實測，BJ30 旅行家喺城市塞車、高速巡航、鄉道砂石等多種路況下，每百公里油耗均突破 5L 大關——一台 7 萬級嘅 HEV 混合動力方頭盒 SUV，交出咗呢份成績單。
五國先行驗證，國內實景收官
呢場直播並非憑空而來。
喺此前嘅海外階段，北京越野聯手南非、波蘭、印尼、阿聯酋、墨西哥五國本土汽車博主，展開跨國全域路試。從非洲嘅燥熱公路到中東嘅沙漠戈壁，從東南亞嘅雨林鄉道到東歐嘅碎石山路，五台 BJ30 旅行家喺截然不同嘅氣候與路況中，完成咗整車架構、三擎 HEV 混合動力系統、底盤硬件嘅可靠性驗證。五國實測百公里油耗均低於 5L。
呢組海外數據為今次國內直播提供咗紮實嘅背書，亦令「破 5」唔再係紙上談兵。
城市塞車唔耗油：HEV 混合動力先係方頭盒嘅最佳解
方頭盒 SUV 嘅油耗焦慮，一直係個無可迴避嘅話題。方正嘅造型天生風阻大，加上非承載車身自重唔輕，「方頭盒 = 飲油虎」幾乎成咗消費者嘅刻板印象。
BJ30 旅行家畀出嘅解法係：三擎 HEV 混合動力系統。
作為國內首款方頭盒 HEV 混合動力車型，BJ30 旅行家採用「混合動力 + 三擎六模 + 電四驅」組合架構。核心邏輯係電機優先驅動、引擎適時介入——喺交通擠塞蠕動同怠速等待時，電機獨立運作，避免咗燃油車最耗油嘅低速工況。
實測城區商區 + 居民區交通擠塞路況中，BJ30 旅行家百公里油耗唔到 5L。對比同價位嘅 2.0T 燃油方頭盒，動力更強、油耗更低；對比 PHEV 插混車型，車身重量更輕、虧電工況下越野性能更可靠，日常保養成本亦更抵貼。
簡單講：唔需要充電樁，唔挑路況，日常代步就能將油耗控制在 5L 以內。
2820mm 軸距 +1.92m 大床：方頭盒亦都能裝落全家
高速路段嘅實測同步驗證咗空間表現。2820mm 軸距帶來充裕嘅第二排腿部空間，滿載坐人唔局促。方正車身造型最大化咗車內裝載潛力，帳篷、露營炊具等全套戶外裝備輕鬆收納，後排座椅放倒可形成 1.92m 大床。
波蘭博主喺實測中甚至將行李箱裝滿裝備後側躺其中——呢台 7 萬級方頭盒嘅空間想像力，遠超預期。
215mm 離地間隙 +ATS 全地形四驅：爛路都有底气
鄉道砂石、碎石非鋪裝、輕度爬坡——呢啲唔係方頭盒嘅「舒適區」，而係佢嘅主場。
BJ30 旅行家配備 215mm 超高離地間隙、ATS 多模式全地形控制系統同電四驅系統，面對坑坑穩穩同碎石路面可一鍵切換地形模式，四驅毫秒級分配四輪動力。經過 OLTC 越野生活測試循環標準調校嘅底盤，專為露營穿越同鄉村出行場景打造。
城市代步、高速巡航、鄉村越野三種工況一車切換，BJ30 旅行家試圖回答一個命題：7 萬級預算，有冇同時擁有省油、大空間同越野能力？
市場印證：72% 三年保值率，高光版 6 月 12 日上市
數據層面，BJ30 旅行家已连续兩年輕混方頭盒銷量第一、連續 23 個月自主輕混 SUV 銷量第一，以 72% 三年保值率位列 10 至 15 萬人民幣自主緊湊型 SUV 榜首。
直播中同步披露，BJ30 旅行家高光版將喺 6 月 12 日正式上市，配置全面升級，包括動力進階、小電瓶升級、內飾同智能舒適體驗優化，高配配置下放，同時推出專屬配色特別版。
從「破 5」嘅油耗到「五國」嘅驗證，從城市塞車到碎石越野，BJ30 旅行家用一場跨國 + 全路況嘅實測直播證明咗一件事：7 萬級嘅方頭盒，唔只係喺造型上硬派，而係用緊混合動力架構同越野硬件，將「省油」同「能野」真正統一起來。呢個級別嘅消費者，唔應該喺空間、油耗同越野之間做選擇題。
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.
自今年 4 月以來，國內汽車市場已有近 20 款產品宣佈上調售價。當整個行業慢慢跳出低價博弈，回歸產品本身嘅價值較量，阿維塔嘅高端堅守便愈發亮眼。同期上市嘅新阿維塔 12 同阿維塔 06T，售價相較老款進一步提升 2-3 萬元。喺激烈嘅市場競爭中，份底氣來之不易。阿維塔點解能持續拉高品牌溢價，其高端定位又點解能夠獲得市場高度認可？
豪華股東陣容加持 + 華為技術背書 阿維塔成市場焦點
阿維塔呢個汽車品牌，從誕生開始，就一直站喺聚光燈下。首先，阿維塔擁有新能源造車嘅「夢之隊」豪華陣容，佢嘅第一大股東同控股股東係長安汽車，係國企嘅親兒子，背靠百年長安嘅深厚製造底蘊，阿維塔喺生產、研發端嘅資源儲備，係絕大多數造車新勢力企業難以企及嘅。話最簡單嘅產品生產質量問題，唔知有幾多造車新勢力喺當中等大虧，而阿維塔一開頭，就能瞄準高端市場高舉高打，靠就係背後實打實嘅頂尖製造功底。
而且，長安亦為阿維塔賦予咗深厚嘅技術底蘊，喺長安汽車嘅支持下，阿維塔全棧自研咗崑崙智慧增程同太行智控底盤。3 月份，阿維塔推出咗太行智控底盤 2.0，引入分佈式電驅，讓安全為運動兜底，得到市場嘅好評。
第二大股東係寧德時代，持股比例超過佢投資嘅其他任何一家車企，這意味著阿維塔喺電池供應上享有股東級優先權，從神行、驍遙到最新嘅凝聚態電池，寧德時代每一次技術突破，阿維塔都係首批搭載嘅品牌。
阿維塔作為華為首個深度合作嘅品牌，基於 HI PLUS 合作模式，不僅握有華為最新技術嘅優先入場券，更攜手夥伴從源頭定義每一項新技術，雙方團隊聯合定義、聯合研發、聯合行銷，俾用戶提供更優秀嘅產品同服務。呢種開放靈活嘅合作模式為阿維塔贏得更大大嘅市場空間，獲得市場嘅廣泛認可。
同時，阿維塔仲係華為引望嘅最大外部股東，持股 10%，將為阿維塔帶來豐厚嘅投資收益。根據華為 2025 年年報，引望營收達 450.18 億元，同比增長 72.1%，三年增長 20 多倍，合作車企超 20 家，覆蓋賽力斯、長安、奇瑞、江淮及奧迪等國際品牌，未來市場潛力巨大。這筆投資收益，將為阿維塔嘅長期發展提供可持續嘅資金支撐。
從公司層面嚟講，好似阿維塔咁背景雄厚、技術實力突出嘅企業，本身就係資本同市場都看好嘅優質選手，獲得用戶信任自然毫不足怪。
產品口碑過硬 營收增長迅速
2026 年，正好係阿維塔創立嘅五週年，佢嘅累計銷量已經突破 25 萬輛，覆蓋 20-70 萬元價格區間，站穩咗新能源高端市場。
倚靠自研技術，阿維塔持續優化用戶場景體驗，形成咗口碑帶動品牌同銷量嘅良性循環。過去兩年，阿維塔堅持打磨底盤能力，從阿維塔 07、阿維塔 06 再到新阿維塔 12，底盤質感同操控表現逐步提升。3 月份推出嘅太行智控底盤 2.0，倚靠分佈式電驅技術，讓安全為運動兜底，底盤能力上咗一個新台階。近期上市嘅阿維塔 06T，體驗過嘅用戶都好評滿滿。
市場亦給予咗積極嘅正面回饋。2025 年，阿維塔連續 10 個月實現銷量破萬，全年累計超 12 萬輛。同期，公司營收規模翻倍增長，2024 年營業收入達 151.95 億元，同比增長 169.16%；2025 年上半年營收超 122.08 億元，同比增長 98.52%，呢樣增长速度，就算放喺新能源汽車剛起步嗰陣都好難得，喺競爭激烈嘅而家，更凸顯咗阿維塔極高嘅成長性。
同時，阿維塔已進入超 40 個國家同地區，高端品牌認知同豪華產品價值喺多個成熟市場獲得認可。喺泰國，阿維塔 11 起售價 2099000 泰銖 (約人民幣 44.7 萬元)，長期穩居高端電動汽車銷量第一；喺阿聯酋，阿維塔主力車型普遍喺 40 萬元以上，佔據高端電動汽車 10% 嘅市場份額；喺新加坡，阿維塔 11 起售價為 278,999 新加坡元（約合人民幣 156 萬元），產品銷量持續攀升。
根據阿維塔嘅規劃，下半年，阿維塔將推出阿維塔 07L 同大六座旗艦 SUV，喺堅持原創設計嘅基礎上，提供更大空間同更強功能體驗，具備較強嘅走量潛力。其中，大六座旗艦 SUV 將業界首搭寧德時代凝聚態電池。伴隨呢兩款新車嘅落地，阿維塔產品矩陣補齊空間需求，進一步覆蓋豪華家庭市場，將開啟新一輪增長週期。面向更長遠嘅未來，阿維塔計劃到 2030 年累計推出 17 款車型，覆蓋轎車、SUV、MPV 等細分領域。
總括嚟講，成立短短五年時間，阿維塔已經完成咗從品牌創立到規模增長嘅跨越，站穩咗新能源高端市場，交出咗一份遠超行業預期嘅答卷。而家站喺五週年嘅節點上，隨著上市進程穩步推進、海外市場逐步打開、多款重量級產品嘅即將上市，阿維塔已經正式邁入品牌發展嘅全新階段，未來增長空間值得期待。
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。
In May, China's automotive market overall presented a gentle recovery trend, with domestic brands still being the sales backbone of the market. Recently, BYD, Geely, Chery, Changan, and Great Wall, the top 5 domestic automakers, successively released their monthly performance reports. From the data, these five companies show a general characteristic of "stable total growth, divergence between domestic and international markets, and accelerated new energy penetration". Overseas exports and new energy vehicles have become the most core growth engines; export business has evolved from a "bonus item" to the "core foundation" for some companies. BYD's "dominant leader" status is further consolidated, Chery achieved high growth via exports, Geely's new energy penetration rate broke 56%, Changan focused steadily on balanced development, while Great Wall appeared slightly under pressure during structural transformation.
BYD: Export Hits New High Becomes Biggest HighlightIn May, BYD stood firmly at the top of domestic brands with a monthly sales volume of 383,500 vehicles, maintaining positive growth both year-on-year and month-over-month under a large base. Its two main brands, Dynasty and Ocean, sold a combined 330,200 vehicles, contributing 86.1% of total sales; Fangchengbao's monthly sales broke 30,000 units to reach 30,200, a year-on-year increase of 139.7%, setting a new high for the year; Denza sold 16,300 vehicles, and Yangwang delivered 286 vehicles. From a model perspective, BYD had eight models in May with monthly sales exceeding 20,000 vehicles. The Song Family and Yuan Family both broke 50,000 units, selling 51,370 and 56,691 vehicles respectively. The Sea Lion Family followed closely with 42,615 vehicles, and Seagull sales were also close to 40,000 vehicles.
BYD's biggest highlight in May was exports. Overseas new energy vehicle sales reached 160,600 units, an 80.4% year-on-year increase, accounting for about 42%. The sharp expansion of export scale effectively countered the phased weakness in domestic demand. Cumulative exports from January to May exceeded 620,000 vehicles. High export growth mainly benefited from continued ramping up of overseas factory capacity, improved ocean shipping capacity, and accelerated channel network expansion. In the domestic market, BYD promoted Megawatt Super Charging and intelligent strategies simultaneously—Megawatt charging achieved about 90% charge in 9 minutes; 20,000 super charging stations are planned to be built by 2026; all series models are available with Sky Eye B intelligent driving solutions and city navigation safety fallback plans, accelerating the popularization of high-level intelligent driving. As Gen 2 Blade Battery capacity gradually releases, the company's orders are expected to continue rising.
Chery: Sales Growth Leads the Top 5Chery Group's total sales volume in May was 247,800 vehicles, a significant year-on-year increase of 20.5%, ranking first in growth speed among the top 5. Exports remained its most core growth engine—May exports reached 181,900 vehicles, an 80.5% year-on-year increase, accounting for 73.4% of total sales that month, continuously breaking the single-month export record for Chinese brands for three months. In terms of new energy, Chery New Energy sold 100,300 vehicles, a 58.8% year-on-year increase. April and May consecutively saw monthly new energy sales breaking 100,000 vehicles.
The strong performance in exports benefited from Chery's long-term deep cultivation of overseas channel advantages and localized operation capabilities. While overseas orders continued to rise, high export growth formed a sharp contrast with domestic sales—Chery's domestic sales in May were only 60,000 vehicles, accounting for one-quarter of total sales. From cumulative data, Chery Group accumulated 1.101 million sales from January to May, but against the annual goal of 3.2 million vehicles, monthly averages need to reach about 420,000 vehicles later, and pressure remains significant.
Geely: New Energy Penetration Rate Breaks 56%Geely Auto's total sales volume in May was 237,600 vehicles, a 1% year-on-year increase, achieving month-over-month double growth for three consecutive months. In terms of structure, Geely's "New Four Transformations" transformation showed significant results: new energy vehicle sales reached 133,400 units, accounting for 56% of total sales, with new energy share exceeding 50% for four consecutive months.
From sub-brands, performance was significantly divergent. Zeekr brand sales in May reached 34,400 vehicles, a 82% year-on-year increase; Zeekr 9 Series and 8 Series models combined sales approached 50% of total sales, showing bright performance in the high-end market; Galaxy brand sales were 81,700 vehicles; Geely brand sales were 182,500 vehicles, among which China Star Series sales reached 100,800 vehicles; Lynk & Co brand sales were 20,700 vehicles, with new energy vehicle sales share rising to 71%.
In terms of exports, Geely's overseas vehicle exports in May reached 85,100 vehicles, a explosive 184% year-on-year increase, setting a brand single-month export record high. Among exported products, new energy vehicles reached 40,800 units, accounting for nearly half; hybrid and pure electric products have successively landed in Southeast Asia, Middle East, Latin America, and other markets, highlighting the results of global strategy implementation.
Changan: Multi-brand Matrix Balanced EffortChangan Auto's delivery volume in May was 209,100 vehicles, among which new energy deliveries were 92,400 vehicles, a 5.8% year-on-year increase, with new energy share about 44%. In terms of exports, overseas deliveries reached 70,700 vehicles, a 38% year-on-year increase, becoming another major growth highlight for Changan in May.
In the sub-brand matrix, Changan Qiyuan delivered 34,500 vehicles in May; All-New Q05 delivered 15,800 units, with orders breaking 3,000 units within three days of listing in Thailand; Deepal sales in May were 33,200 vehicles, a 30% year-on-year increase; January to May overseas cumulative sales were 28,700 vehicles, a significant 167% year-on-year increase; Avatr delivered 7,336 vehicles in May; Changan Auto (Gravity) delivered nearly 49,000 vehicles in May.
Changan Auto's balanced layout was fully reflected in May: the fuel car base remained stable, new energy brands Deepal and Qiyuan accelerated volume growth, high-end brand Avatr continued to break through in technical cooperation, and overseas markets simultaneously achieved breakthrough growth. The pattern of five brands working together, driven by both new energy and exports, is initially taking shape.
Great Wall: Overseas Sales Growth Year-on-Year 46.75%Great Wall Motor's sales in May were 100,400 vehicles, slightly down compared to last May's 102,200 vehicles, making it the only company among the top 5 to show a year-on-year negative growth. From sub-brands, Haval brand sales in May were 55,500 vehicles, remaining Great Wall's most important sales pillar; Tank brand sales were 17,100 vehicles; both Haval and Tank brand sales showed year-on-year declines; Wey brand sold 8,119 vehicles, a 31.78% year-on-year increase, achieving growth against the trend; Ora brand performance was most stunning, with sales of 6,018 vehicles, a significant 206.88% year-on-year increase. In terms of new energy, Great Wall sold 30,400 new energy vehicles in May, with new energy vehicle transformation gradually accelerating.
The overseas market became Great Wall's biggest highlight in May, with overseas sales growing 46.75% year-on-year. Against the background of pressure on the domestic market, strong growth in overseas business effectively made up for the decline in the domestic market. Great Wall Motor's current core contradiction lies in: Haval and Tank, the two traditional main-selling brands, face weak growth, while Wey and Ora brands, although growing notably, have relatively small volume and are not yet enough to support overall growth. How to complete the "relay" between old and new brands is the key issue Great Wall must solve subsequently.
Final ThoughtsFrom May data, the growth pattern of the top 5 domestic brands has clearly diverged, but there are three common trends worth noting: First, exports have become a key engine for domestic brands to seek stability and growth. Second, new energy transformation is still accelerating, but paths differ among enterprises. Third, technological innovation continues to deepen brand moats. Looking ahead to the second half of the year, competition in the automotive industry will continue to upgrade around these three trends. Although everyone has a common direction, these three trends are all competing for the entire enterprise's industrial chain strength, and the strong will remain strong, which has almost become an inevitable outcome.
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.
