SAIC Pilots 4.6 Billion Yuan to Launch New Energy Vehicle Plug-in Hybrid Production


Following the Roewe E50 pure electric vehicle, another heavy-duty new energy vehicle from SAIC Motor was put on the market. In this year's Guangzhou Auto Show, Roewe 550 plug-in hybrid vehicles to the market, which is the first domestic plug-in hybrid vehicles to achieve mass production. Zhu Jun, deputy director of SAIC's technical center, said that the technology of the Roewe 550 plug-in hybrid vehicle surpassed that of a multinational automotive company. This is thanks to SAIC's generous investment in the new energy vehicle industry. According to reports, as of the end of 2012, SAIC's total investment in the new energy vehicle industry has reached 4.6 billion yuan, and the R&D investment of the SAIC Roewe 550 plug-in hybrid vehicle has reached 1.16 billion yuan.

Heavy investment in new energy vehicles

Because of the pressure of environmental protection, the upgrade of traditional powertrains is the only way to go. New energy vehicles are also a major trend in the future. According to reports, in 2008, SAIC began preparations for the Roewe 550 plug-in hybrid sedans, and established a company that specializes in the research and development of core technologies for new energy vehicles, that is, Jieneng. SAIC's R&D process has gone through three phases: the 2011 Roewe 750 Hybrid, the 2012 pure electric car, and this year's plug-in hybrid.

SAIC Motor has invested heavily in the new energy vehicle industry. As of the end of 2012, SAIC's total investment in the new energy vehicle industry has reached 4.6 billion yuan. SAIC has divided its R&D expenses into the cost of specialized project development, the production cost of the grinding wheel used to make this vehicle, and the input of peripheral suppliers. Roewe 550 plug-in hybrid car R & D investment as high as 1.16 billion.

The relevant person in charge of the SAIC Group stated that the new energy vehicles also belong to the future trend products. The foreign brands are aiming at making money in the Chinese market. It is not their goal to invest heavily in trending products. The self-owned brands headed by Roewe pass their own Efforts and heavy investment have made it possible to judge and grasp the most mainstream technology trends in the world. As of 2012, with 4.6 billion funds in place, SAIC will continue to invest in new energy vehicles in the future.

China's first triple-core plug-in hybrid production

The Roewe 550 plug-in hybrid vehicle is the first mass-produced triple-core plug-in hybrid car in China, with a deluxe version of 248,800 yuan and a flagship version of 259,800 yuan. The Roewe 550 plug-in hybrid vehicle adopts the world's leading full-time, full-blown system, and achieves 2.3L fuel consumption of 100 km and cruising range of up to 500 km with triple-core drive and EDU intelligent electric drive transmission. Among them, the mileage of comprehensive road conditions in the pure electric mode is 58km.

Zhu Jun, deputy director of SAIC Passenger Car Technology Center, revealed that the state subsidy for the Roewe 550 plug-in hybrid model is 35,000 yuan, and that of the Shanghai municipal government is 30,000 yuan. After the subsidy, the price of the Roewe 550 plug-in hybrid car does not exceed 200,000 yuan. In some cities, even a new energy special license can be obtained.

Confronted with the continuous upgrading of traditional power, new energy vehicles occupy the market's development process and SAIC Passenger Vehicles are well prepared. It is understood that Roewe 350 will also be equipped with a plug-in hybrid system in the future. Moreover, if the sales volume of a single vehicle model is large, the cost of the plug-in hybrid system can be reduced. “We will then consider whether it is necessary to develop a new platform.”



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