作者： admin

　　[Aika Auto New Energy Original]

　　Since (|) was introduced in 2012, it has been leading the development of electric vehicle industry. Traditional automobile giants have launched many electric vehicles in the process of dismissing Tesla, trying to surpass it, and then acknowledging the gap. They may surpass Tesla in a certain performance, but their comprehensive performance is always inferior to the latter. European and American giants are getting old, and the task of defeating Tesla ultimately depends on China enterprises. After completing the leap from quantity to quality, a new generation of China brand electric vehicles have good product strength, and (|) is one of the best. Compared with Tesla (|) and (|), which are close in price, 001 is almost fully dominant. Can it become Tesla’s strongest rival?

　　ZEEKR Krypton is a brand-new intelligent pure electric brand launched this year, and Krypton 001 is the first model of the brand. Extreme Krypton 001 gained the popularity envied by friends at the booking stage, which is inseparable from its high-standard hardware configuration. But the stacking car is not always a good car. With a table full of ingredients, what kind of food will it make? With this question, we test-drive the Krypton 001 on the open road for the first time. This test drive is a Krypton 001 test vehicle in the PP stage (pre-trial production). Although its software is not ready yet, the hardware part is basically not significantly different from the production car, so the focus of our test drive is the dynamic performance of Krypton 001.

　　Speaking of motors, by the way, Krypton 001 has caused some controversy recently because of the selection of motors. In the earlier application information of the Ministry of Industry and Information Technology, the motor supplier of Extreme Krypton 001 was made in Japan; In the new application information, the motor supplier of Krypton 001 has become a local manufacturer Weirui, and the torque of Weirui Motor has been reduced.

　　This change is interpreted by some people as krypton 001 will be reduced, but it is not. First of all, the domestic motor is actually not bad. The motor provided by Weirui for Krypton 001 adopts more advanced flat wire winding, which has higher slot fullness and power density, thus improving efficiency and reducing heat. The motor made in Japan is still traditional.Round wire winding. Second, although the torque of Weirui’s motor is a little lower, the wheel end torque output to the wheel through the reducer is still unchanged. The wheel end torque of each rear wheel of the single motor model is 3840Nm, and the wheel end torque of each wheel of the dual motor model is 3840Nm. After the adjustment of Krypton engineers, these two motors can bring highly consistent power performance, and the user experience is basically the same.

　

　

　　Xiamen Beibadao Group manipulated the stock price, and the CSRC will issue the biggest fine of 5.5 billion yuan to it. On March 14th, the Inspection Corps of China Securities Regulatory Commission disclosed to the outside world that Xiamen Beibadao Group had speculated on three sub-new shares of Zhangjiagang Bank, Hesheng Shares and Jiangyin Bank, and accumulated a profit of 945 million yuan during the manipulation period. The CSRC will impose a penalty of "no penalty for five" on Beibadao Group, with a total fine of about 5.5 billion yuan.

　　pay close attention

　　Employees of Beiba Road scratched inspectors to destroy evidence.

　　According to the information disclosed by the CSRC, the illegal operation target of Beibadao Group is mainly sub-new shares. Due to the restriction of the lifting of the ban by major shareholders, the number of tradable shares is small, and the amount of funds is the same. Compared with large-cap stocks, the manipulation of subordinated shares has the effect of "four or two", and the ups and downs are even more intense. If once the operation is successful, a single new share will basically increase by more than 40%, and there is huge room for profit.

　　According to the inspection and law enforcement personnel of the CSRC, Beibadao Group used more than 300 stock accounts, more than 100 computers and more than 10 traders to trade at the same time, and used a lot of capital allocation. During the investigation, the senior management and related personnel of Beibadao Group refused to cooperate with the investigation, and the accountants scratched the inspectors of the CSRC to destroy the evidence.

　　According to people close to the CSRC, individuals are generally punished for manipulating the stock price, but the punishment target is the group, which shows that the gangs and corporatization operations that manipulate the stock price in the secondary market are becoming increasingly obvious. The actual controllers often rely on the personnel and capital flow of industrial companies to form teams to manipulate the stock price, and the methods are relatively hidden.

　　The exchange’s current big data screening technology is very advanced. Once multiple suspicious accounts are found to buy the same stock in large quantities at the same time, inspectors will go to the local inspection according to the stock price performance. "It is obviously unreasonable to find more than a dozen people and more than one hundred computers in an office. Such companies will enter the field of vision of key inspections. "

　　reveal a secret

　　Beiba Road, which started from container transportation.

　　There is very little official information about Beibadao, and its group official website can’t browse it normally. One of the most reprinted reports was the report "Black Hole of Railway Freight: The Nugget of Beibadao" and "The Methodology of Box Packing" published by Caijing National Weekly in August, 2014. The investigation revealed that Beibadao Logistics Group Co., Ltd. occupied a huge market share of railway container freight, and was suspected of violating laws and regulations, including using containers to transport coal, using "box packing" and other methods to evade railway freight, and the time was as long as 8 years. According to the report, the largest natural person shareholders of Beibadao Logistics Group and Beibadao Investment Holding Co., Ltd., which was newly established in April 2013, are Lin Yuting, the daughter of Lin Qingfeng, with subscribed capital contributions of 131.5 million yuan and 45 million yuan respectively. Beibadao is seeking acquisition to prepare for listing.

　　The only personal information about Lin Qingfeng, the head of Beibadao Group, is from the 2014 MGM-Hurun China Yacht Industry Report issued by Hurun Research Institute. The report shows that Lin Qingfeng owns a personal tailor yacht worth about 36 million yuan — — "Ferrari 800", ranked 13th.

　　According to public information, the full name of "Beibadao" is Beibadao Logistics Group Co., Ltd., a private enterprise established in 1993. The largest private railway container operator in China, with fixed assets of nearly 3 billion yuan, has 23 container freight station and branches all over 9 provinces and municipalities.

　　press sb for an interview

　　It is behind the highest P/E ratio of Zhangjiagang Bank.

　　In April 2013, Beibadao Investment Holding Co., Ltd. was established in Shanghai, later renamed as Beibadao Group Co., Ltd., and its legal representative was "Lin Huihui". The shareholding structure shows that Lin Yuting holds 90% of the shares and Lin Qingfeng holds 10%. Market speculation, Lin Huihui and Lin Qingfeng should be related, even father-daughter relationship.

　　What makes this company famous is the large-scale speculation of sub-new shares in April 2016, which is rare for its fierce and high-profile style. They have a fixed style, and they concentrate on one stock for a certain period of time, and wash the new shares on a weekly basis.

　　From February to March, 2017, a number of sub-new shares affected by bad news in the early stage began to enter a period of strong rebound. The market believes that Beibadao Group is involved in this round of speculation at this time. From February 6th to April 5th, Zhangjiagang Bank saw the highest increase of 200%, setting a record price-earnings ratio of 63 times in the banking sector. In addition to Zhangjiagang Bank, Hesheng Shares and Jiangyin Bank, there are also Zhezhong Shares, Baota Industry, Nanjing Port, pioneer electronics, Tongli Cement, Gansu Power Investment, etc. Most of these "monster stocks" are considered by the market as the representative works of hot money.

　　Supervision

　　Last year, CSRC strictly investigated the speculation of sub-new shares.

　　Subsequently, the CSRC launched a high-profile investigation. On April 14th, last year, Zhang Xiaojun, spokesperson of the CSRC, revealed to the outside world that the CSRC deployed the second batch of 16 cases of special enforcement actions in 2017, and relevant investigations have been carried out in an all-round way for vicious operations such as sub-IPO, and important breakthroughs have been made in key cases. The characteristics of these cases are as follows: first, maliciously taking advantage of the low price-earnings ratio of sub-new shares, using multiple accounts to quickly raise the stock price, and luring individual stock prices to skyrocket and plummet; The second is to use accounts with obvious geographical areas in batches, take advantage of funds, and use methods such as "lifting accounts" to speculate on multiple stocks, which has obvious gang characteristics; Third, the controlling shareholders of listed companies and other stakeholders illegally manipulate the content of information disclosure and the combination of light and dark with market institutions, and jointly manipulate the company’s share price with the intention of illegally making profits through high cash.

　　Text/reporter Liu Shenliang

　　related news

　　Nearly 900 million "folk masters" who manipulated essence pharmaceutical to make profits were investigated.

　　At the special press conference on inspection and law enforcement held by the Securities and Futures Commission yesterday, the market paid attention to "Gao was suspected of manipulating the stock price of essence pharmaceutical". The scale of funds involved in this case was as high as 2 billion yuan, and the sources of funds were many movie stars, entrepreneurs and company executives.

　　According to the investigators of the CSRC, during the manipulation of essence pharmaceutical stock price, Gao controlled and used 16 accounts, including umbrella trust accounts and personal accounts. The profit of the account group is close to 900 million yuan, which is the case investigated and dealt with by the CSRC, and the case of manipulating the price of a single stock has the highest profit. At present, the case has been investigated and heard, and the procedure of prior notification of administrative punishment has been fulfilled, and it is planned to be punished in the near future.

　　According to the investigators, Gao, a person involved in the case, is known as the champion of the folk stock trading competition. He once set up a securities investment course in a well-known university and taught securities investment skills, which attracted many people to operate stock accounts on his behalf. With private equity fund management company as a platform, Gao has attracted many high-net-worth clients to entrust him to manage securities accounts. The accounts involved include umbrella trust accounts and multiple natural person accounts. Among natural person accounts, there are many celebrity accounts, among which there are many first-line movie stars, well-known entrepreneurs and company executives.

　　In addition, the CSRC also notified the case of illegal disclosure of cobalt and nickel information in Hua Ze. On January 23rd, China Securities Regulatory Commission issued a decision on the administrative punishment of Hua Ze Cobalt and Nickel, giving Hua Ze Cobalt and Nickel a warning and a maximum penalty of 600,000 yuan, giving 18 responsible persons a warning and a fine of 30,000 to 900,000 yuan respectively, and banning three people, including Hua Ze Cobalt and Nickel, from the market.

　　Text/reporter Liu Shenliang

On the preferential promotion channel in Wuhu, car home, we are pleased to announce that luxury brands are carrying out promotional activities! If you are a consumer from Wuhu, now is the best time to buy this model. The preferential margin is as high as 132,400 yuan, and the starting price is only 289,500 yuan. If you want to know more about the discount, please click "Check the car price" in the quotation form to get a higher discount.

Volvo XC60 is a luxury SUV with simple and exquisite design style. The front of the car adopts a unique Volvo family-style design, and the front face adopts the iconic "Raytheon Hammer" headlight group, which shows the unique charm of the brand. The air intake grille is made of black chrome-plated material, which not only makes the whole car more fashionable, but also highlights the sedate atmosphere of the model. The body lines are smooth, and the overall design is simple and generous, reflecting the simple aesthetic feeling of Nordic style. In addition, the model is also equipped with 19-inch double five-spoke wheels, making it more sporty and fashionable. In a word, the design style of Volvo XC60 is elegant without losing vitality, and it is a very attractive luxury SUV model.

Volvo XC60 is a medium-sized SUV with a body length, width and height of 4708*1902*1660mm, a wheelbase of 2865mm, a front track of 1653mm and a rear track of 1657mm. The car uses 235/60 R18 front and rear tires, and the rim style is simple and fashionable. The side lines of the car are smooth, and the overall shape is stable, showing the simple beauty of Nordic design. The side lines of the car body are smooth, concise and powerful, giving people a strong visual impact. At the same time, the rim design of the car is simple and fashionable, which makes the whole car more fashionable and dynamic. Generally speaking, Volvo XC60 is a medium-sized SUV with simple design and rich configuration, with high cost performance and good driving experience.

The interior design of Volvo XC60 is simple and atmospheric, mainly in black tones, decorated with chrome trim strips, creating a high-grade feeling. The steering wheel is made of leather, which feels comfortable and supports manual adjustment up and down and back and forth, which is convenient for drivers to use. The central control screen has a size of 9 inches, supports voice recognition control system, including multimedia, navigation, telephone and air conditioning functions, and is convenient and quick to operate. The front and rear rows are equipped with Type-C and USB interfaces to meet multimedia and charging requirements. The seat is made of imitation leather. The front and rear seats, backrest, height and lumbar support can be adjusted. The driver’s seat is also equipped with electric seat memory function, and the front seats also support heating function. The rear seats can be laid down in proportion, which increases the flexibility of storage space. Generally speaking, the interior design of Volvo XC60 is comfortable and practical, which conforms to the positioning of luxury SUV.

The Volvo XC60 is powered by a 2.0T 250 HP L4 engine with a maximum power of 184kW and a maximum torque of 350 N m.. With the 8-speed automatic transmission, it is very smooth to drive and has abundant power output. This engine can not only provide strong acceleration performance, but also has excellent power reserve, which can meet the needs of drivers in various road conditions.

We would like to thank the owners of car home for their comments on Volvo XC60. The design of Volvo XC60 is really excellent, and its simple and generous design style is deeply loved by the public. On the whole, the design of XC60 not only conforms to the public aesthetics, but also reflects Volvo’s consistent Nordic design style, which makes people feel very comfortable and natural. In addition, the interior of XC60 is also very exquisite, both in terms of materials and workmanship. In a word, Volvo XC60 is an excellent luxury SUV, and its appearance and interior design are worthy of our appreciation and admiration.

　　This year, the automobile industry has been challenged by the supply chain. At present, the shortage of automotive chips is widely affecting the normal production of vehicle factories. Now, the "core shortage" has not eased, and the "battery shortage" has come again. Beginning in the second quarter, new energy vehicles with long-term sales began to encounter a crisis of battery supply shortage.

　　The shortage of market demand has made power battery manufacturers the darling of the capital market. Taking Contemporary Amperex Technology Co., Limited as an example, as of the close of July 13th, the total market value exceeded 13 trillion yuan. On the one hand, the market and capital are both improving, and on the other hand, the supply of power batteries for new energy vehicles is insufficient.

　　Market status:

　　Battery supply becomes a new bottleneck

　　Tucki, Weilai, Tesla and other new energy car companies mentioned in unison this year that battery supply will become the "bottleneck" in the second half of the year. Previously, in order to get the battery smoothly, Xpeng Motors CEO He Xiaopeng was exposed to be in Contemporary Amperex Technology Co., Limited for a week in the second quarter. Although this incident was later denied by He Xiaopeng, it also confirmed the existence of "battery shortage". Zeng Yuqun, chairman of Contemporary Amperex Technology Co., Limited, said at the shareholders’ meeting held in late May this year that the recent urging of customers "made him unbearable".

　　The tight supply of power batteries has long been a harbinger. In February last year, Audi publicly admitted that e-tron was temporarily discontinued due to insufficient supply of power batteries; In the same period, Jaguar I-PACE was also exposed to production suspension due to the supply problem of LG power battery. This year, Tesla CEO Musk bluntly said that the battery "how much the supplier gives, how much Tesla will buy". At the beginning of March this year, Li Bin, the founder of Weilai, made a special mention of the topic that "the battery supply chain will become the biggest bottleneck" in the earnings conference call, and roughly estimated that the battery shortage would affect about 7,500 vehicles in the second quarter.

　　At present, the production capacity of many power battery manufacturers has been overloaded. Yiwei Lithium Energy revealed in the recent announcement that the company’s existing venues and production lines have been running at full capacity, and the demand will still be in short supply in the past year.

　　Probe into the cause:

　　The production and sales of new energy vehicles have soared.

　　According to industry analysis, one of the main reasons for the "battery shortage" is the rapid expansion of demand for new energy vehicles in the past year or two. According to the statistics of market organization EV Volumes, in 2020, 3.24 million new energy vehicles were sold worldwide, up 43% year-on-year. The China market, where new energy vehicles are growing rapidly, has a greater demand for batteries. According to the latest statistics of China Automobile Association, from January to June this year, the production and sales of new energy vehicles in China both exceeded 1.2 million, with a year-on-year increase of two times.

　　Cui Dongshu, secretary-general of the All-China Federation of Passengers, said that the forecast of battery demand in the automobile industry is far from the actual demand, which aggravated the impact of the "battery shortage". Wang Shijie, general manager of the first division of Guoxuan Hi-Tech, revealed: "The shortage of batteries has a great impact, and the completion rate of production and sales of key domestic OEMs is different from the completion of the annual task target."

　　SNE Research, a global emerging energy market research organization, predicts that by 2023, the global demand for power batteries for electric vehicles will reach 406 GWH, while the supply of power batteries is expected to be 335 GWH, with a gap of about 18%. By 2025, this gap will expand to about 40%.

　　Upstream:

　　Raw materials have risen in price due to shortage of supply.

　　Power batteries are in short supply, and battery raw materials are rising in price. Previously, Zeng Yuqun said frankly at the shareholders’ meeting: "The (current) rise in raw material prices has a greater impact on the company’s cost, but the extent to which (materials) need to be passed to the downstream is still under consideration."

　　Taking lithium carbonate as an example, it is an indispensable raw material for cathode materials and electrolyte of lithium batteries, and its price has also fluctuated greatly in the past year. At the same time, the price of lithium hexafluorophosphate has also increased. What is more noteworthy is that the resources of lithium, cobalt and nickel ore are mostly concentrated overseas and monopolized by Head Mining Group. The electrolyte capacity is insufficient and the expansion period is long, which leads to the fluctuation of battery raw material prices. Wang Shijie pointed out that the supply of raw materials and mineral resources in the upstream is difficult to achieve rapid expansion in the short term.

　　The problems of battery shortage and rising raw materials have begun to spread downstream. The reporter checked the market price and found that due to the price increase of battery raw materials, the cost of battery materials increased by about 25%~30% compared with the same period of last year, and the cost of the overall battery PACK (including pack) increased by about 15%-20%. Affected by rising costs, many battery suppliers have issued price adjustment letters this year, hoping to raise the battery price.

　　There are two ways to expand production capacity and new technology.

　　Crack 1: expand production or build your own factory

　　The reporter learned that in order to alleviate the "battery shortage", many power battery companies have officially announced the expansion of production. Contemporary Amperex Technology Co., Limited said that at present, the production capacity is being expanded, which will take 2-3 years and 3-5 years. Carmakers are also seeking changes, and self-built battery factories are the choice of some car companies with strong financial resources. For example, Tesla, BMW, BYD, etc. have participated in the battle for upstream lithium resources to achieve self-sufficiency in batteries. Automobile manufacturers that have not chosen to independently develop batteries also give priority to in-depth cooperation with battery suppliers to jointly establish battery factories. For example, Volkswagen announced on July 13th that it would cooperate with Guoxuan Hi-Tech to promote the industrial production of battery cells in Germany.

　　The data shows that there are nearly 300 solid-state battery-related enterprises in China, of which as many as 48% are established within 5 years, and only 20% are established for more than 15 years, which means that the mature development of battery industry still needs a process. In a short time, new energy vehicles will also face the situation that batteries are "robbed".

　　Crack 2: develop a new form of battery

　　In addition, more stable new forms of batteries are also being explored, such as solid-state batteries. Weilai Automobile took the lead in releasing the self-developed solid-state battery pack in June this year, which is expected to be commercialized in the fourth quarter of 2022. Contemporary Amperex Technology Co., Limited also plans to release a solid-state battery named after "sodium ion" in July this year, but Zeng Yuqun admits that the real commercialization of solid-state batteries still has a long way to go. In this regard, LG Chem believes that all-solid-state batteries will be commercialized between 2025 and 2027; Panasonic will not launch electric vehicles using solid-state batteries until 2025. In addition, Volkswagen Group and BMW Group also believe that it will not be until 2025 to launch a prototype equipped with solid-state batteries.

　　Look to the future:

　　The supply chain will affect the survival of car companies.

　　The reporter recently visited the local new energy vehicle dealership and noticed that the current supply and price of new energy vehicles are still in a stable situation. However, the staff of direct stores of new brands such as "Wei Xiaoli" told reporters that if the supply of power batteries fails to ease, in the long run, the price of new energy vehicles will be firmer and the delivery time will be longer. For example, the model that was originally delivered in two months may be extended to four or five months.

　　Undoubtedly, the contradiction between the tight supply and price increase of upstream suppliers and the strong demand of downstream will inevitably gradually affect the output of new energy vehicles. For consumers, the most direct impact is that new cars cannot be mentioned as scheduled, or the price of some new cars is higher than before due to the tight supply of batteries. For car companies, the "battery shortage" not only hinders the pace of releasing new cars, but also affects their plans to deliver new cars, which is ultimately unfavorable to the overall revenue market.

　　In any case, from the "core shortage" to the "battery shortage", the battle for resources about the future of automobiles is constantly being staged. Finding a better supply chain solution and getting rid of the dilemma of being stuck in the neck is an urgent matter related to the survival and development of every car company.