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According to the previously announced information, Tencent will launch three new cars in China, including the MPV, medium-sized SUV and medium-and large-scale SUV, among which the new high-end MPV will be the first model after the high-end development of Tencent MPV. Tencent MPV will offer DM-i plug-in hybrid models and pure electric models, positioning the high-end MPV, and the new car is expected to be unveiled in April, starting at 450000 yuan.

From the official preview map, the front face of the new car uses a large forward air grille with a matrix medium net shape, and the sharp headlights on both sides are combined with the front grid to form a wingspread shape, which looks quite luxurious and magnificent. In addition, the "momentum" sign is also hung in the middle of the front face of the new car. On the side of the body, the new car uses the standard MPV body structure, the second row uses side sliding doors, the door handle is the traditional style, coupled with the streamlined waistline and down-pressed roof make the whole car full of movement. In the rear part, the new car taillight uses the popular through-type LED taillight group, the internal arrow-feather taillight group shape makes the car highly recognizable, in addition, the new car is also equipped with a small roof spoiler. In terms of body size, it is understood that the car length will reach 5.2m, wheelbase more than 3m, positioning high-end MPV.

At present, there is no detailed information about the interior decoration. In terms of seats, according to the previous news, the internal space of the Teng Teng MPV will use the 7-seat layout of 2-2-3, and the third row of seats can be laid flat, positioning high-end, IKEA suitable for business and administration.

On the power side, the new car will offer both pure electric and hybrid power models, and it is expected that the new car will be equipped with the DM-i super hybrid system, which will use the same set of power as the Tang DM-i model, while the EV model will provide electric four-wheel drive.

This afternoon, Zhao Changjiang, director of BYD's high-end brand preparation office, also responded to five hot questions recently asked by prospective customers on his Weibo, including that Beijing Auto Show will be displayed as an independent brand; Teng Teng's new app development will achieve sales, car control, community and other functions; logo has new optimizations, please look forward to High-end MPV, we hope to make every seat luxurious and comfortable without discrimination. Third, we have a unique solution in this respect. The comfort of seats and the safety of the third row are the most important, so we will not sacrifice safety and comfort, but will take into account convenience and so on; tomorrow there will be a trend of high-end MPV standard content release.

2022 is the 12th year of the establishment of Tengli Automobile. According to the data, Tengli Automobile is a joint venture between BYD and Daimler of Germany, established in 2010 and headquartered in Shenzhen. Shenzhen Teng Teng New Energy Automobile Co., Ltd. was established on February 16, 2011, and BYD Automotive Industry Co., Ltd. and Daimler Greater China Investment Co., Ltd. each own 50%. As the first new energy vehicle joint venture brand in China, Tengli Automobile attracted much attention at the beginning of its birth because of the strong background of both shareholders. Wang Chuanfu, chairman of BYD, also said: "as the child of Daimler and BYD, Tengli is a brand born on the shoulders of giants." The first production car, Tengli 300, was launched at the 2014 Beijing Auto Show and officially went on sale in September of that year at a price of 36.9-399000 yuan.

According to previous reports from the auto industry, although Tengli began to lay out the auto industry in 2014, sales of its first production car, Tengli 300, were not satisfactory after its launch, and after many upgrades, it launched Tengli 400, Tengli 500, and so on, and finally couldn't turn the market around. According to the data, the sales volume from 2015 to 2019 was 2800, 2287, 4713, 1974 and 2089 respectively, with a cumulative sales volume of 13863 vehicles in four years and a cumulative loss of more than 3.5 billion yuan in five years. At the 2019 Guangzhou Auto Show, Tengli X, the second model of Tengli, was officially launched. The price of pure electric model is 31.98-357800 yuan, and the price of mixed model is 28.98-319800 yuan. however, the sales volume of this car is also not satisfactory. The cumulative sales of Tengli in 2020 is only 4175, with an average monthly sales of less than 350. the reason for the poor sales is that Tengli X is based on BYD Tang EV600.

Reviewing the development process of Tengli, although the sales volume of Tengli is not ideal, BYD and Daimler still provide some financial support for Teng to seek new development. data show that in May 2017, May 2018, February 2019, May 2019 and January 2020, BYD and Daimler added 1 billion yuan, 800 million yuan, 400 million yuan, 300 million yuan and 350 million yuan to Tengli, respectively. Over the past three years, the trend has accumulated 5.4 billion yuan of additional capital for shareholders. On December 24, 2021, BYD announced that holding subsidiaries BYD Automotive Industry and Daimler have respectively increased their capital by 1 billion yuan to Shenzhen Tengli New Energy Automobile Co., Ltd. It is worth mentioning that on the day BYD issued the capital increase announcement, market news pointed out that Daimler decided to transfer its stake after a long period of blood transfusion.

According to the news, BYD and Daimler have signed an equity transfer agreement on adjusting the momentum, and the two sides intend to transfer the Tengli shareholdings. After the completion of the transfer, Daimler and BYD's holding of Tengli shares will be adjusted to 10% and 90%. Related matters are scheduled to be completed by mid-2022. But neither BYD nor Daimler responded to the report at the time.

As more information flows out of Tengli MPV, it will take more time to tell whether Tengli can fight back.

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