On December 20th, the 2022 China New Energy Vehicle Competition and the 12-hour Endurance Race of New Energy Vehicles with the theme of "E-War Becoming Famous" came to a successful conclusion at Zhuzhou International Circuit in Hunan. Based on the super-high competition level and professional competition system planning, the competition presented a peak event of new energy vehicles for fans all over the country. This competition focuses on testing the three-electric technology and vehicle performance of the participating car models. In a number of participating car models, AITO asked M5 for outstanding performance, winning the first prize in the whole game, the champion in Group Z and the "Best Energy Economy Award", showing a level beyond the same level in terms of cruising range and energy economy.

When it comes to energy economy, I believe many consumers have heard of the ultra-low car cost of pure electric vehicles, but if there is no fixed charging pile, the convenience and economy of pure electric vehicles will often be affected. On the other hand, the AITO M5 has three vehicle driving modes, including "pure electric priority", "automatic" and "fuel priority", which can realize both oil and electricity, fully guarantee the energy economy of vehicles with advanced technology, and greatly save the cost of vehicles for consumers. Lower energy consumption will inevitably lead to a virtuous circle of higher cruising range. The excellent performance of AITO Wujie M5 in this endurance race is the best proof of its high cruising range and low energy consumption.

AITO M5 can have outstanding energy economy, which is inseparable from the help of the industry’s first third-generation range extender. This 1.5T four-cylinder range extender, which is specially designed for the range extension system of AITO M5, focuses on power generation, adopts deep Miller cycle technology, achieves the highest compression ratio of 15: 1, and has an ultra-high thermal efficiency of 41%. All the data are in the leading position in the same level, and the energy consumption will be the ultimate, and the maximum value of every drop of fuel will be exerted. Combined with the front AC asynchronous motor and rear permanent magnet synchronous motor of AITO M5, a dual-motor four-wheel drive scheme is formed. This golden power combination has the characteristics of high integration, small volume and great explosive force, which can bring drivers stronger power, lower energy consumption and quieter driving experience.

After a 12-hour race, after the driver and AITO’s M5 fully run in, the driver said that even in the case of low battery, AITO’s M5 can have strong power, and the pure battery life can easily reach the nominal 200 kilometers, even subverting the traditional impression that the official battery life is inconsistent with the actual battery life. It is one of the models he has driven that can give consideration to both power and economy.

In addition to the main factors such as range extender and motor, the all-aluminum chassis adopted by AITO Wujie M5 also contributes a lot to its energy economy. Compared with the traditional steel chassis, the all-aluminum chassis can bring about the lightweight effect of the whole vehicle, which can directly reduce energy consumption, and at the same time, it has high corrosion resistance, small vibration deformation and more stable and safe handling performance. With the blessing of various technologies, AITO Wenjie M5 has achieved a 1100-kilometer WLTC endurance performance, helping consumers to bid farewell to mileage anxiety completely, and is far ahead of traditional fuel vehicles in terms of vehicle cost and value experience.

Compared with traditional fuel vehicles or pure electric vehicles, AITO Wujie M5 completely solves the problems of high vehicle cost and endurance with its own technology, and various driving modes can enrich consumers’ travel experience. In addition, it can bring absolute surprises in terms of vehicle intelligence. I believe AITO Wujie M5 will definitely become a stepping stone for Cyrus to tap the new energy market.

Autopilot has attracted much attention recently.

According to the Securities Times, before the US stock market closed on Monday, Morgan Stanley released a research report saying that Tesla was used.Dojo Supercomputer for Training Autopilot System of AutomobileMight make the companyThe market value has increased by as much as $500 billion.. According to the research report, Dojo supercomputer can open up a "new potential market" for Tesla. On this basis, analysts upgraded Tesla’s rating from "holding" to "over-matching" and raised the target price for the next 12 months from $250 to $400.

Institutional analysts pointed out that Tesla’s share price still has a large room for growth, and software and services have become Tesla’s biggest value drivers, which are truly realized."Soft and hard take all". In July this year, Musk said at the company’s earnings conference that Dojo had started production and was considering authorizing its FSD(Full Self-Drive) hardware and software to other car manufacturers.

As soon as the news came out, the US stock price of Tesla was the same day.Up 10.09%, closed at $273.58 per share, with a total market value of $868.3 billion, soaring nearly $80 billion a day (about RMB 580 billion).

Tesla news also blew the benefits to the A-share related concepts, which resonated with the recent news of intensive domestic autopilot policies, stimulating the sector to continue to rise.According to the Wind financial terminal, the Wind Driverless Index (884162) fluctuated and rose this year. After hitting an intraday high of nearly a year on July 12, it experienced a callback for nearly a month. It began to stabilize and rebound on August 28 and closed on September 12.The range rose by more than 12%.

(Source: Wind)

In terms of financial performance,A-share smart driving concept stocks generally reported good results in the first half of the year.Among the 38 smart driving concept stocks, 28 companies achieved profitability in the first half of the year, accounting for over 70%. Among them, the net profit of Baolong Technology, Guangting Information, Daotong Technology and Asia Pacific Shares doubled year-on-year; Huayu Automobile, Top Group and Desai Siwei are the top three in terms of profit scale.

CITICSThe research report pointed out that global resonance,The domestic smart driving market is welcoming three turning points.：

1) Technically:Tesla’s "BEV+Transformer+ Data Closed Loop" model began to get on the bus in 2023, making it possible to navigate the city without relying on high-precision maps;

2) Commercialization:It is expected that the urban navigation function of various car companies will be intensively implemented from Q4 in 2023, and some of them will no longer rely on high-precision maps, and the commercialization of FSD in North America and its entry into China are also expected to accelerate;

3) Policy:Recently, the L3 autopilot policy has been intensively implemented, and the follow-up is expected to continue to heat up. It is expected that the above three turning points are expected to be realized one after another from September to early next year, leading a new round of smart driving.

The policy has been intensively implemented, and the L3 level has been "accelerated"

Recently, policies have been intensively implemented, and many attempts have been made to develop test roads to promote the improvement of the autonomous driving market. The industrial chain is experiencing an important link of entering a high-level stage.

Cinda securitiesIt is pointed out that L3, as the key node of assisted driving towards automatic driving, is currentlyThe domestic industry is in an important stage of transition from L2 to L3.L3 stage representative functions such as high speed and NOA(Navigate On Autopilot) have gradually begun to land.

(Source: Cinda Securities)

Chuancai securitiesIt is pointed out that the assisted intelligent driving market in China is becoming more and more popular, and consumers’ awareness of this function is increasing. Under this background, the government has vigorously strengthened the integrated development of vehicles and Lu Yun. The auto-related sectors related to intelligent networking mainly include auto parts sectors such as chip sensors, and we are optimistic about the future incremental space of related sectors.

Domestic companies actively deploy high-level smart drivers, and large models are rapidly promoted.

1 Tesla leads, and the new forces of building cars actively follow up the big model data.

Under the application of Tesla’s "BEV+Transformer+ Data Closed Loop" model, the technical feature of Tesla FSD is to remove most radars, which provides technical feasibility for light mapping. Among them, BEV is a bird’s-eye view. After the 3D information is obtained by the sensing sensor, it is interacted and fused with each image feature through the multi-layer Transformer, and finally the BEV feature is obtained. Not only can the spatial information be supplemented, but also the static target can be processed more efficiently.

Under the guidance of Tesla’s trend of "light map" and "heavy perception"Many companies in China, such as Huawei, Tucki and LI, have also begun to explore getting rid of the pilot driving of high-precision maps and actively lay out the development of large models.

Guoxin SecuritiesIt is pointed out that the landing of large model is expected to effectively improve user stickiness, and the company’s investment willingness is expected to be strong.Drive the upstream and downstream of the car industry chain to fully benefit..

　(Source: Guosen Securities)

(2) The large model helps to reduce the cost, and the NOA market in urban areas can be expected.

(Source: Guosen Securities)

Guoxin SecuritiesIt is estimated that in 2025, the penetration rate of autonomous driving with urban assisted driving function will increase from the current 0.4% to 6%.In 2025, the domestic autonomous driving market with urban driving assistance function will be 51 billion yuan.. In the long run, the market scale will continue to increase with technological progress.

(Source: Guosen Securities)

(3) The landing of large model promotes the hardware reform of intelligent driving.

Dongguan securitiesIt is pointed out that with the continuous improvement of the penetration rate of intelligent driving, as an important execution system in the field of intelligent driving, brake-by-wire has entered a period of rapid growth. With the continuous iterative upgrade of product technology,Domestic brake by wireIt is expected to achieve a breakthrough on the new track.

(Source: Guosen Securities)

Institutional concern

1) vehicle-mounted high-speed communication:Dianlian Technology, Long Xun, Yutaiwei, Chuangyao Technology;

2) Relevant targets of domain control and localization of Horizon chip:Tianzhun Technology, Desai Siwei, Junsheng Electronics, Jingwei Hengrun;

3) Intelligent driving visual sensor:Lianchuang Electronics, Weir, Stevie, Gekewei, Jingfang Technology;

4)4D millimeter wave radar:Jingwei Hengrun, Weifu Hi-Tech, United Optoelectronics;

5) Lidar:Changguang Huaxin, Juguang Technology, Yongxin Optics.

1) Independent brand intelligent leading car enterprises:BYD, Changan Automobile, SAIC, Guangzhou Automobile Group, etc.

2) New forces in building cars:Xpeng Motors, LI, etc.

3) Global leader in new energy vehicles:Tesla

1) Decision-making level:Desai Siwei, Coboda, Junsheng Electronics;

2) Algorithm layer:Xpeng Motors;

three) executive layer:Bethel, baolong technology.

(Report source: Cinda Securities, Guosen Securities, Debon Securities, CITIC Securities, Dongguan Securities, Chuancai Securities)

(The information in this article does not constitute any investment advice. The published content comes from licensed securities institutions and does not represent the platform’s point of view. Investors are requested to make independent judgments and decisions. )

At 20 o’clock on the evening of October 29th, Beijing time, in the 10th round of Ligue 1 in the 2023-24 season, Paris Saint-Germain challenged brest away. In the first half, 17-year-old Zaire emeri broke the deadlock with a long-range shot, and then Li Gangren assisted Mbappé to expand the score and Mounie pulled back a goal; In the second half, brest equalized the score with a corner kick, and Mbappé finished the winner with a penalty in the 89th minute. In the end, Paris Saint-Germain beat brest 3-2 and rose to the second place in the standings.

In the 3rd minute, Paris broke into the opponent’s restricted area. Li Gangren’s shot was blocked by goalkeeper Bizot, and then his teammate’s supplementary shot was confiscated by Bizot. In the 6th minute, emeri received a return volley from his right foot at the top of the arc, and Bizot saved the ball with his fists. In the 13th minute, Donaruma passed the ball from the backcourt directly to the opponent, but the cross from the brest player directly crossed the bottom line.

In the 16th minute, emeri received a cross from his teammates in front of the penalty area. He passed a defender and came to the penalty area and slammed the door with his right foot. The ball was like a shell, and Bizot could do nothing. Paris was 1-0 brest.

In the 22nd minute, Li Gangren volleyed vigorously from the right side of the restricted area, and Bizot held the ball out of the crossbar.In the 28th minute, taking advantage of brest’s massive pressure, Paris fought back. Li Gangren picked up the ball in the backcourt and passed it to Mbappé. The latter caught the ball and formed a single-handed trend. He entered the left side of the penalty area and missed the defender. His right foot shot low and scored near the corner. Paris scored 2-0 in brest.

In the 41st minute, Mbappé received a cross shot from his right foot at the top of the arc, and Bizot saved the ball again.In the 44th minute, brest pulled back a goal, and the high ball on the right side of the frontcourt passed to the middle. Mounie in the restricted area pressed the Parisian defender to head the ball, and the ball bounced to the net, but Donaruma couldn’t save it. Brest 1-2 Paris.At the end of the first half, Paris temporarily took the lead.

In the second half, change sides and fight again.In the 52nd minute, brest’s right corner kicked into the restricted area, and Ledoualon, who was in front of him, headed the ball back, and the ball flew into the far corner. Donaruma’s whip was not as long as brest’s 2-2 Paris.

In the 57th minute, Mba took the ball to the left side of the restricted area, and shot wide from the far corner with his right foot. In the 62nd minute, Fabian Ruiz stopped the ball in front of the restricted area and buckled the defender, and the long corner was slightly missed. In the 64th minute, Paris stepped up its attack, and Enrique changed into Dembele and Muani.

In the 68th minute, brest got the chance, and the right side of the frontcourt shot the ball into the restricted area, but Ledoualon, who was in the back, outflanked the shot and kicked it. In the 70th minute, brest’s two shots in the restricted area were quite threatening, both of which were resolved by Donaruma. In the 74th minute, the Parisian frontcourt got a chance, but Dembele didn’t stop the ball in the restricted area and was cleared by the opponent’s defender.

In the 75th minute, Vitinia got the ball on the left side of the penalty area, which was quite threatening. Bizot got the ball sideways. In the 83rd minute, Muani in the restricted area tripped after passing the ball on the left side of the Paris frontcourt. The referee watched VAR on the sidelines and awarded a penalty. Because of the conflict caused by this penalty, many players from two teams got yellow cards.

Mbappé took the penalty. His first shot was saved by the goalkeeper, but Mbappé immediately made up the shot and scored the ball. Paris led brest 3-2, which was the 89th minute of the game.

In the end, the whole game ended and Paris Saint-Germain beat brest 3-2.

Two years ago in the summer, Pedro moved from Rome to Lazio, rewriting the history that two bitter rivals in the same city had no direct player transactions for 40 years. Pedro’s transfer to Lazio coincided with the arrival of madman Mourinho in Rome. At that time, Pedro had a three-year contract with Rome, and he was able to cancel the contract successfully, largely because Mourinho did not intend to include Pedro in his lineup.

After joining Lazio, Pedro played 40 times in two consecutive seasons and helped the team win the Europa League. After the end of this season, his contract with Lazio officially expired. At that time, he will be 36 years old. It is difficult for players of this age to stay in the five major leagues. Of course, Pedro doesn’t worry about leaving home. After all, others have played in Barcelona and won three Champions League titles and five La Liga titles.

According to the Italian Evening Post, in March this year, Pedro received an offer from the Japanese J-League team, and Kobe Victory Ship and Yokohama Sailors were competing for the former Barcelona main midfielder. In addition, at the beginning of May, a Saudi League team also came to Italy to meet Pedro’s agent team. If the player himself can’t find a suitable job in Europe, the Saudi League always welcomes him to join.

At present, the outside world only knows that Pedro’s contract with Lazio is about to expire, but the season is not over yet, and Pedro may stay in Europe until the end of the summer window. According to Lazio’s team reporter, on the one hand, Pedro himself has not made up his mind to play in Asia, on the other hand, Lazio also wants to renew his contract, and the club’s top management is discussing with Pedro’s agent the appropriate salary plan.

Lazio is currently ranked fourth in Serie A and is likely to return to the Champions League after two years. Pedro has played for Barcelona and Chelsea for many years and has rich experience in the Champions League, which is why Lazio wants to renew his contract. In the past two years, Pedro has been an indispensable member of Lazio’s midfield. Instead of spending money on new players, it is better to use experienced acquaintances. Therefore, Lazio must negotiate a contract renewal with Pedro before the summer window.

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Every legend will fade over time

Some people say that beauty is an art, not just wearing it. They are daring to act as the first person for their fashion forefronts.

Just as the "non -mainstream" and "killing Matt" pursued by the post -90s, the "Curry", "JK uniform", "Hanfu culture" pursued after 00s and so on.

From the perspective of the 90s today, the original avant -garde thought was just a legend, which had faded, and only had some naive and ridiculous memories. Those who were once considered to be mature are just alternatives in the eyes of adults. One day, maybe these post -00 children should also think the same as us.

Some people say that today’s beauty has been subtly involved, the avant -garde thought, and the "deformity" born in the times, they gradually changed the definition of beauty, no longer the innocence and natural beauty of the 70.80s, but the individuality and thoughts pursued by young people’s pursuit Open, they put the definition of "beauty" on exposed wearing, personalities, charming perfumes and luxurious decorations.

In the past, "beauty" was wore for yourself, and the current "deformity beauty" was appreciated by others. Although there were different praises, they didn’t care about this, just as the words on the Internet: "Take your own way, let others let others have others, let others make others others, let others make others others Isn’t it true of us in the past? We ca n’t appreciate others at all, and only we will appreciate it ourselves.

Women of the subway station are cool, and the "pattern" on the back becomes the focus

Some netizens published a scene located in the Shanghai Metro Station. A young and fashionable woman walked in the subway station in a cool and fashionable woman, which attracted the attention of many passers -by.

She wore a short vest on her body, and the whole back was basically in the air. It seemed that this was her real "clothes" with the entire pattern. I can’t help but want to ask if people who have tattoos like to wear clothes like this, whether men and women.

This pattern is not expected to be the focus of everyone’s appreciation. The pattern is covered with the entire back. Only a small part is blocked by the clothes behind. It is obvious that the pattern of a woman dancing at the face is obviously seen.

Her lower body is a black shorts, with two short clothes on the calf part, which should be connected with pants, but she unlocked the connected buttons to form such a shape. Essence

Her arms are two sleeves, like pants, and cut off, but this is not connected to the vest of the top.

If it is hot, wearing cool feelings, but she wears shoes, short clothes and sleeves of the arms, which really makes people really understand whether she is afraid of heat or cold.

Perhaps in her opinion, she just dedicated her to the art of behavior, not to wear warmth or cool clothes. She didn’t care about the gaze of others, and she was more self -confidence.

Indeed, she successfully attracted the attention of passers -by, and many people obviously had passed, and she couldn’t help but look back.

It may be that everyone’s circle is different, different thoughts, and behavior is different. Some women have a soft spot for their own feelings. They think this is an art, fashionable art.

Anyway, the times are developing rapidly today, and thoughts will change with this. Blind traditional thoughts are not a good thing. In this era, some avant -garde people need to open the way for us. Appreciation, this is not a unique beauty.