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After the penetration rate of new energy vehicles exceeded 50 per cent in July, the HKIFA expects retail sales of new energy to reach 980000 vehicles in August, and the penetration rate is expected to rise further to 53.2 per cent. Earlier, data released by the Federation of passengers showed that retail sales in the domestic passenger car market in July were 1.72 million, of which 840000 were traditional fuel vehicles, while 878000 were new energy vehicles, accounting for 51.0% of the total sales. complete the reverse over traditional fuel vehicles.

This has become the trend of automobile development in China. At the 2024 Chengdu Auto Show, new energy vehicles are the focus of many brands, and there is almost no expectation for mainstream independent brands to launch pure fuel vehicles, including BYD, Geely, Chery and so on. Intelligence and electrification have become a major advantage of China's independent brands, while joint venture brands dominated by traditional fuel vehicles still choose to give consideration to fuel vehicles, but tend to be younger, intelligent and in line with motorization in design.

At the 2024 Chengdu Auto Show, the hottest new fuel car was the Tuyue Xin Rui from SAIC Volkswagen. Tuyue Xinrui, a new entry-level model of the Tuyue family, is the cheapest SUV model under SAIC-Volkswagen with an official instruction price of RMB12.59-153900 and a time-limited price of RMB7.99-106900. It is understood that Tuyue new sharp wheelbase is 2651mm, positioning between Tujia and Tuyue, power to provide 1.5T engine and 1.5L engine, matched with the 8AT gearbox.

In addition, SAIC Volkswagen also brought the Passat pro model. As a replacement model, the new car uses a new appearance, offering options for ordinary and R-Line versions, wheelbase and cash models remain the same, and power provides 1.5T engine and 2.0T high-power engine two power system options, the new car will be officially launched on September 10th, after the market to adopt new and old sales strategy.

As one of the first-tier luxury brands, BMW has brought the new BMW X3 long wheelbase version, which is the first time that BMW X3 has lengthened the wheelbase since it was made in China, adding 110mm to the standard wheelbase version to 2975mm, which is consistent with the BMW X5 standard wheelbase version. The length of the car is 4865mm and the width is 1920mm. In terms of power, the new BMW X3 long wheelbase version is equipped with a 2.0T engine with a maximum power of 211kW (287hp), matched by an eight-speed manual transmission.

In addition, the Korean joint venture Beijing Hyundai has also brought a blockbuster model, the fifth-generation Shengda, with a price range of 19.58-268800 yuan. As a replacement model, the new car adopts a new design style, breaking the inherent impression of Shengda in the past, the overall shape is very square and strong, and it has a good competitiveness in the American market, but whether it can help Beijing Hyundai reverse its depressed state in the domestic market still needs to be tested by the market. Different from the past, in addition to the height, the new Shengda big data have declined, the wheelbase is 2815mm, the older model has reduced the 50mm. In the power part, the new car will be equipped with the power combination of 2.0T+8AT, in which the maximum power of 2.0T engine is 182kW and the peak torque is 353N ·m.

Of course, there are also some independent brands that unveiled fuel cars, such as Great Wall, which unveiled the new Harvard H9 at the auto show, with a previously announced pre-price of 20.59-235900 yuan. The new Harvard H9 has appeared homogenized design in appearance and shape, and adopts the hardline off-road design style as a whole, which is more or less the same as the current models such as Harvard Dog and Haver Raptor. In terms of power, the new car offers a combination of 2.0T+8AT, with a maximum power of 165kW.

Under the collective attack of new energy vehicles, the booths of traditional joint venture brands are very popular, whether they are Dongfeng Honda or Dongfeng Nissan, or traditional luxury brands such as Lexus and Volvo. For selling cars, they seem to have come up with the "most sincere" price concessions, but under the background that consumers do not pay the bill, they still have no choice but to compromise and give up the struggle.

Of course, there are also some noteworthy fuel vehicles and brands that have not given up their control over the fuel vehicle market. For example, the starting price of Tuyue Xinrui mentioned above is as low as 79900 yuan, which makes people sigh that Volkswagen can sell so cheaply, quite like Qin PLUS, which was launched by BYD at that time. However, compared with the newly launched Xiaopeng MONA M03, even if the fuel truck tries to pull down the price, it seems hard to be attractive. In the current Chinese auto market, buying fuel cars seems to have become a backward performance.

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