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On May 7, ARCFOX Polar Fox Alpha S Huawei HI version was officially launched. Two new models were launched, priced at ten thousand yuan and ten thousand yuan respectively. It is understood that HI version is the abbreviation of Huawei Inside mode. This model is equipped with Huawei full-stack intelligent car solution, integrating Huawei intelligent high-level automatic driving system, Hongmeng OS intelligent interconnected cockpit, etc., representing Huawei's highest automatic driving level at present. Xu Zhijun, Huawei's rotating chairman, once said: "Not all vehicles provided by Huawei can be marked with HI LOGO. Only vehicles using our autonomous driving solution can be marked with HI LOGO."

In terms of appearance, there is not much difference between the HI version of Polar Fox Alpha S Huawei and the ordinary version in terms of modeling, but there are some differences in the design of some details, such as the three rectangular lidar on both sides of the front and in front of the front, which is the most direct way to distinguish Huawei HI version from ordinary version. On the side of the car body, the new car adopts hatchback shape, side slip-back design with small tail wing, the overall look is very dynamic. In terms of size, the length, width and height of the new car are 4980/1960/1599mm respectively, and the wheelbase is 2915mm, positioning medium and large cars. In terms of configuration, Polar Fox Alpha S Huawei HI version has 3 solid-state lidar, 6 millimeter wave radars (front, rear and four corners), 11 HD cameras, and Huawei MDC 810 processor, which can reach 400TOPS.

In terms of interior decoration, the most striking thing is the super large size central control screen, among which the size of the full LCD instrument is 12.3 inches, and the size of the central control screen reaches 21.69 inches. It is worth mentioning that Huawei HI version is also equipped with Hongmeng car OS system. At present, there are more than 30 car application software, which can realize seamless flow of video and voice calls with mobile devices.

In terms of power, the Polar Fox Alpha S Huawei HI version is equipped with a dual-motor system with a maximum power of 473kW, a maximum torque of 655N·m and an official acceleration of 3.5 s from 0-100km/h; In terms of battery life, the new car is equipped with a 74.5 kWh ternary lithium battery with a NEDC range of 500km; In addition, officials also said that the car has 750V fast charging technology, charging 10 minutes can increase the range of 197km.

It is understood that the mass production vehicle Polar Fox Alpha S Huawei HI version equipped with Huawei intelligent automobile solutions was released as early as April 2021 at the Shanghai Auto Show, among which the pre-sale price of the basic version is 388,900 yuan and the pre-sale price of the high-end version is 429,900 yuan. At the market level, the Polar Fox Alpha S Huawei HI version is not only the world's first mass-produced Huawei ADS intelligent driving model, but also the first high-end pure electric production car equipped with Huawei Hongmeng OS. At that time, the car attracted a lot of attention.

However, since its official launch in April 2021, the smart electric car has had a lot of trouble, and when it will be delivered to the market has always been a puzzle. During the 2021 Shanghai International Auto Show, Liu Yu, chairman of BAIC Blue Valley, said that Huawei Hi version plans to deliver in large quantities in the first quarter of 2022 and about 500 to 1000 vehicles in small batches by the end of 2021, depending on the supply chain. In September of the same year, Beiqi Blue Valley announced that Alpha S HI version would enter Huawei channel before the end of the year, and confirmed again that mass production delivery would be realized at the beginning of Guangzhou Auto Show. However, in November, Beiqi Blue Valley said on the investor interaction platform that various pre-delivery preparations for the HI version of Polar Fox Alpha S Huawei are being carried out in an orderly manner and will be delivered in small batches by the end of the year. By December, when the "Polar Fox Alpha S Brand New HI Version Large-scale Delivery Tasting" activity originally planned to be held in Shenzhen was cancelled, Beiqi Blue Valley explained that Huawei's vehicle system was not available, and we are waiting now. In January of this year, Huawei intelligent car solution BU COO Wang Jun disclosed that "the polar fox alpha S HI version in cooperation with BAIC will be delivered by the end of February 2022", and the delayed new car returned to public view again.

Although Beiqi Blue Valley is full of questions from investors on the interactive platform, and the problems are full of gunpowder, the interior is full of expectations for Polar Fox. At the communication meeting held by BAIC Group, Zhang Xiyong, general manager of BAIC Group, revealed to the outside world the next part of the goals and development focus of the three independent plates of BAIC Group, among which the sales target of BAIC New Energy under BAIC Blue Valley this year is 100,000 vehicles, including 40,000 polar foxes, striving to impact 300,000 vehicles in the future.

Of course, setting goals is one thing, and achieving them is another. According to the first quarter report, the cumulative sales volume of Beiqi Blue Valley was 9120 vehicles, up 189.6% year-on-year. According to the sales target of 100,000 vehicles, the target completion rate of Beiqi Blue Valley is only 9%. Previously, according to the annual report, Beiqi Blue Valley sold 26127 new cars in 2021, up 0.82% from 25914 in 2020. It is understood that BAIC Blue Valley owns three factories of Beiqi New Energy Automobile Co., Ltd., Beiqi New Energy Changzhou Co., Ltd. and Beiqi Blue Valley Magna Automobile Co., Ltd., with design capacity of 320,000 vehicles, 50,000 vehicles and 150,000 vehicles respectively, totaling 520,000 vehicles. However, the actual capacity utilization rate in 2021 is 0.08%, 0% and 8.32% respectively, and the capacity utilization rate is very low.

In the automobile industry attention, the current new energy automobile market competition is very fierce, who can occupy a higher market share, harvest more brand recognition, who is likely to occupy the lead in the subsequent market. For Beiqi Blue Valley, not to mention whether it can achieve the annual target, only the Alpha S brand-new HI version with frequent ticket jumping makes consumers feel distrustful, thus bringing negative impact to enterprises. Although it has won the title of new energy market for many years, the current Beiqi Blue Valley lacks obvious advantages in the personal consumption market, and the sales target of 100,000 vehicles is even more out of reach.

In addition to the delivery of new cars, Beiqi Blue Valley's share price slump has also become a hot topic for many investors. After Huawei cooperated with Beiqi Blue Valley in April 2021, its share price continued to soar, rising from 8.5 yuan to the highest 19.2 yuan, but since then it also started to fall mode, closing at 7.02 yuan, a new low since November 2020, and the share price has fallen by more than 70% from its peak.

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