His net worth has shrunk by 200 billion. How does "Mr. Twitter" Musk tell the Tesla story well?

Author | Wang Yajun  

Cover Source | Douban Entry  

On January 26th, Beijing time, Tesla released the latest financial report: in the fourth quarter of 2022 (hereinafter referred to as Q4), the revenue increased by 37% year-on-year to US$ 24.318 billion, and the net profit increased by 59% year-on-year to US$ 3.687 billion, both hitting record highs and exceeding market expectations.  

During the period, Tesla’s vehicle production and delivery both reached new highs: Q4 produced 439,701 vehicles and delivered 405,278 vehicles, up 44% and 31% respectively.  

On the first trading day after the financial report was released, Tesla closed up nearly 11% and its market value returned to 500 billion US dollars.  

DanielIves, a well-known Tesla bull and Wedbush analyst, believes that Q4 in 2022 will be "one of the most important financial reports in Tesla’s history" because its dominant position in the electric vehicle market is facing new resistance in the past few years.  

Before the financial report was released, Tesla took the lead in the unprecedented price reduction promotion in the domestic market on January 6, and then spread the price war to the United States, Europe and other places. Musk said in the earnings conference call that he saw the strongest order in Tesla’s history in January, and the current number of orders is almost twice the production capacity.  

In 2023, Tesla gave a delivery target of 1.8 million vehicles in the financial report, an increase of 37% compared with 2022, which was lower than the previously set long-term target (an annual increase of 50%). However, Musk is also optimistic that if there is no external interference, 2 million cars may be produced and sold in 2023.  

The price of cars has dropped, but the growth rate of delivery has slowed down.  

In Q4 of 2022, Tesla, the "price butcher", once again showed the cutting edge of price reduction.  

Since October, 2022, Tesla has successively reduced prices in China and North America. Musk’s goal is to sell all the cars produced in Q4 that year and usher in an "epic year-end".  

However, due to the small price reduction, the effect of exchanging price for quantity is not satisfactory. Tesla delivered a total of 405,300 vehicles in Q4, with a year-on-year growth rate slowing from 71% in the same period of last year to 31%, and a year-on-year revenue growth rate of 37%, a record low in the past two years. MarkDelaney, an analyst at Goldman Sachs, believes that Q4′ s delivery data is "an increasing negative factor".  

 In Q4 last year, Tesla’s output exceeded the delivery by 34,423 vehicles, and the annual difference was 55,769 vehicles. In 2022, Tesla delivered a total of 1,313,800 vehicles, which failed to reach the annual target (1,404,100 vehicles), and the throne of the annual new energy vehicle sales crown was also taken away by BYD.  

As the most profitable new energy vehicle company in the world, Tesla’s net profit growth rate slowed down obviously in Q4 last year, even less than Q2, which was affected by epidemic and supply chain.  

The price reduction promotion also lowered the gross profit margin. Tesla Q4′ s gross profit margin was 23.8%, down 3.6 percentage points from the same period of last year and 1.3 percentage points from the previous month, hitting a new low in nearly seven quarters.  

  In the face of the decline in profitability brought about by price cuts, Musk believes that Tesla can get compensation from autonomous driving.  

In a Twitter space discussion at the end of 2022, Musk said that the value of a car that can drive automatically is much higher than that of a non-self-driving car. Even if the profit margin is extremely low when selling a car, it can be upgraded to automatic driving. It can bring a lot of income. "Only Tesla can do this."  

FSD(FullSelf-Drive) brought Tesla $324 million in revenue in Q4. Tesla has released a beta version of FSD to almost all customers in North America, and the number is about 400,000.  

In addition to the slowdown in growth and the decline in gross profit margin, Musk, as the soul of Tesla, was also distracted by Twitter.  

Musk proposed to acquire Twitter in April 2022 and entered the company in October. After the acquisition, Musk reduced his holdings of Tesla shares worth nearly $23 billion. KoGuanLeo, the third largest individual shareholder of Tesla, said that Musk gave up Tesla and Tesla had no CEO.  

The cold winter of Q4, together with Twitter nightmare, has impacted Tesla’s market value and Musk’s net worth. As of the close of the last trading day in 2022, Tesla’s share price fell by more than 50% in the fourth quarter. Affected by this, Musk became the first rich man in history to lose $200 billion.  

  

Weakened first-Mover advantage  

Behind the slowdown in delivery, revenue and net profit growth is Tesla’s insufficient demand challenge in Q4. According to the financial report, Tesla Q4′ s global inventory supply days reached 13 days, up 225% year-on-year, the highest in the whole year.  

Bernstein, an American investment research institute, said that the price reduction of Tesla’s promotion in China and the United States in 2022 means that Tesla may have a demand problem.  

The long gap period of models is one of the important reasons for the decline in Tesla demand. In 2022, the combined delivery of Model3 and ModelY accounted for 94.92% of Tesla’s total annual delivery, but the release time of these two models should be traced back to 2016 and 2019 respectively.  

Merrill Lynch once predicted in a report that by 2025, Tesla’s American electric vehicle market share will drop from the current 70% to 11%, because Tesla did not expand its product portfolio quickly enough, while traditional car manufacturers and new forces making cars are improving their product lineup. Standard & Poor’s Global Mobile also believes that although Tesla is still the best-selling electric vehicle brand in the United States, its competitors are launching more and more affordable models, and Tesla’s dominant position in the electric vehicle market is being weakened.  

During the gap period of Tesla models, the pattern of new energy vehicle market in China has also changed greatly. According to the data of the Association, the market share of BYD’s new energy passenger cars increased from 19.5% in 2021 to 31.7% in 2022. In the same period, Tesla decreased from 10.7% to 7.8%. Wei Xiaoli also broke through the annual delivery of 100,000 vehicles in 2022, and plans to launch more models.  

 

At the same time, Tesla’s technological aura is gradually eclipsing.  

Tesla’s brand power is centered on the exploration and landing of new technologies, especially the combination with FSD. Musk also predicted that "autopilot software will become Tesla’s most important profit point", but FSD has never achieved true full autopilot. According to the calculation of CITIC Securities, from 2019 to 2021, the revenue of FSD accounted for 3.4%, 2.8% and 1.7% respectively.  

Will the price war last?  

At the beginning of 2023, Tesla cut prices sharply on a global scale.  

On January 6th, all the models on sale in Tesla China market were reduced in price, with a drop of 20,000 ~ 48,000 yuan, and the promotion was unprecedented. The following week, Tesla spread the bonfire of price war to Japan, South Korea, North America, Europe and other places.  

Price reduction is a double-edged sword. Daniel, the aforementioned Wade Bush analyst, believes that Tesla’s price reduction may increase the global delivery this year by 12% ~ 15%. Deutsche Bank predicts that Tesla’s gross profit margin will drop by 3 percentage points in 2023 compared with 2022.  

At the earnings conference call, Tesla did not release the expectation of continuing to exchange prices. Musk said that Tesla raised the price slightly because the demand after the price reduction far exceeded the output. On January 24, Tesla raised the price of the ModelY dual-motor all-wheel drive model sold in the United States by $500. Tesla CFOZachKirkhorn also said in the earnings conference call that the gross profit margin of automobiles will be higher than 20% this year.  

Tesla’s price reduction action is bound to cause a rebound of competitors. Haitong Securities believes that Tesla will increase market sales by reducing prices, announcing that the electric vehicle industry will officially enter fierce competition in 2023, and global car companies will face great pressure to compete head-on.  

On January 13, AITO asked the community to announce that the price of some of its models would be lowered by 28,800 ~ 30,000 yuan. On January 17th, Xpeng Motors, which is still at a loss, announced that it would adjust the price of its G3i/P5/P7 models, with an overall decrease of 20,000 ~ 36,000 yuan.  

The day after the official announcement of price reduction, He Xiaopeng, chairman of Xpeng Motors, said at the annual summary meeting, "Either you are brilliant enough with everyone, or you will die with a bang".  

BYD, which did not follow the price cut, launched a million-class luxury car the day before Tesla’s domestic price cut in an attempt to get more cakes in the high-end market.  

In the face of rivals who are chasing after each other step by step, Tesla urgently needs to find new sales growth points.  

FranzvonHolzhausen, chief designer of Tesla, said on January 16th that Cybertruck, a pure electric pickup truck, had finished the design and was ready to put into production. The market generally believes that if Cybertruck can be listed as scheduled, it will become a new growth point for Tesla in the North American market in 2023.  

Cybertruck; Source: Tesla official Weibo  

 Musk said in the earnings conference call that Cyberruck may start production in the summer of 2023, but the real mass production work will begin in 2024, and Cyberruck’s contribution to profits will not be great this year.  

Cheap models are another sales growth point besides Cybertruck. Musk predicts that the cost of the next-generation car platform will be half that of the second-generation platforms (Model3 and ModelY), and its output may be higher than the sum of all the company’s current products.  

Tesla said in Q4 financial report that more details of the next-generation car platform will be released on March 1, 2023, Investor Day. Analysts of venture capital firm LoupVentures believe that Tesla’s affordable model Model2 will not be launched until 2024.  

In addition, Tesla has to consider the impact of the macro environment.  

In a Twitter discussion at the end of 2022, Musk believed that the severity of the economic recession in 2023 was equivalent to that in 2009, which would affect the demand for automobiles and lead to an increase in the consumption cost of automobiles. However, in the earnings conference call, Musk also said that the economic recession will reduce Tesla’s costs, which in turn will bring higher profit margins. However, he stressed that this was only his guess.  

Twitter is also a variable that Tesla will face this year. In December 2022, Musk launched a vote on whether he should step down as CEO of Twitter. 57.5% of users thought he should resign, but Musk still serves as CEO of Twitter.  

In the earnings conference call, Musk "showed off" his Twitter account with 127 million fans, and said that Twitter created demand for Tesla. At present, Musk has renamed his Twitter account "Mr. Twitter".  

Competition in the industry has intensified and the first-Mover advantage has diminished. In 2023, Tesla will still face severe challenges.

Extreme Yue Automobile’s brand-new medium and large pure electric car 07 interior official map exposure

On August 10th, Jiyue Automobile officially announced the official interior map of the brand’s brand-new medium and large pure electric car. It is reported that this car adopts the design concept of "AI Aesthetics", showing the charm of pure China original design.

In the interior, Extreme Yue 07 continues the design of family style, with minimalism as the leading factor. Among them, the design of the half-width steering wheel is eye-catching, and its development cost is as high as 20 million yuan. Officials said that this design not only provides a good grip, but also ensures that it does not block the driver’s line of sight. In addition, the button design in the car is also extremely simple.

The interior adopts embracing design, and the center console is equipped with a whole penetrating suspension screen with a size of 35.6 inches and a resolution of 6K, and colorful atmosphere lights are incorporated to create a sense of technology and advanced. There is also a wireless charging panel at the lower part of the center console to provide convenience for passengers. The new car also features an integrated seat design and a small screen in the center of the rear row.

In appearance, the car body size of Extreme Yue 07 is 4953mm long, 1989mm wide and 1475mm high, with a wheelbase of 3013mm, and it is positioned in medium and large cars. Its short front and rear suspension and long wheelbase design make the body look full and dynamic. There is also an electric spoiler at the tail, which automatically rises when the speed exceeds 95km/h, further enhancing the value of the whole vehicle.

According to the declaration information, the Extreme Yue 07 dual-motor version can output a maximum power of 400 kW, and is equipped with a maximum speed of 200 km/h.. It is expected that the new car will be listed this year, and the price is expected to be in the range of 200,000-300,000 yuan. It is worth mentioning that Extreme Yue 07 will also adopt pure visual high-order intelligent driving technology, which is provided by Baidu.

China will promote rural passenger vehicles to transport mail express.

A few days ago, the Ministry of Transport and other nine departments jointly issued the "Guiding Opinions on Accelerating the Integration of Rural Passenger Transport and Postal Service", proposing that in order to further promote the integration of rural passenger transport, freight logistics and postal express delivery, and better meet the needs of rural people’s travel, freight logistics and delivery services, China will promote rural passenger vehicles to transport mail express.

Popularizing rural passenger transport vehicles to transport mail express can give full play to the advantages of wide coverage and deep access of rural passenger transport network, guide urban and rural passenger transport enterprises and public transport enterprises to rely on the layout of urban and rural passenger transport lines, optimize vehicle scheduling, set up reasonable stops, actively open rural passenger and freight mail cooperation lines from county to towns and villages, towns and villages to established villages, and use vehicle luggage compartments and internal goods storage areas to transport mail express, so as to ensure the rapid delivery of mail express on the premise of ensuring safety and ensuring rural people’s ride demand.

The opinion puts forward that a "one-point multi-function" rural passenger and postal integration development site will be built. Support county-level passenger stations to expand comprehensive service functions such as freight logistics, postal express, e-commerce, tourism, and promote unified warehousing, unified sorting, and unified distribution on the basis of retaining basic passenger service functions.

According to the opinion, the next step will be to promote safe and reliable rural passenger and postal integration development equipment. Encourage rural passenger transport operators to give priority to rural road buses equipped with lower or rear luggage compartments, and use luggage compartments to transport items such as express mail in accordance with relevant regulations.

According to the opinion, by 2027, the county-level administrative regions with conditions in China will achieve full coverage of the development of rural passenger and cargo mail integration. The number of three-level passenger and cargo mail stations in counties and villages nationwide will reach more than 100,000, and the number of rural passenger and cargo mail cooperation lines will reach more than 20,000. A new rural transportation service model of "one point with multiple functions, one network with multiple functions, intensive functions, convenience and high efficiency" will be basically established, and the national rural transportation service level and sustainable development capacity will be significantly improved. (Reporter Han Xin)

China Heavy Duty Truck VGV is on fire again, automatic (AT) gearbox.

It is no exaggeration to say that space and comfort are important indicators for consumers to choose a car at present, because most people’s demands are to take a family trip. It’s a medium-sized suv. I wonder how much you know about it. The strength of the car still needs to be understood before we know, so let’s take a look.

Let’s take a look at the appearance of the VGV U75 PLUS. The front face of the VGV U75 PLUS is more atmospheric and looks more stable. Coupled with the fashionable and dynamic headlights, the exquisiteness of the whole vehicle has been greatly improved. The car is equipped with LED daytime running lights, automatic opening and closing, delayed closing and so on. Coming to the side of the car body, the size of the car body is 4825MM*1870MM*1691MM. The car adopts steady lines, and the car body feels very simple. With large-sized thick-walled tires, the shape is eye-catching. Looking back, the rear of the car looks more rounded, and the taillights give people a very concise feeling. Together with the unique exhaust pipe, it creates a good atmosphere.

Sitting in the car, the interior modeling took a simple route, and the whole looked very solid. The steering wheel design of the car is very sharp, made of leather, and feels good. From the central control point of view, the car is equipped with a delicate touch-sensitive LCD central control screen, which makes the interior style impressive and very consistent with the temperament of the car. Let’s take a look at the dashboard and seats again. The dashboard design is remarkable and eye-catching. The car adopts imitation leather seats, and the seats are wrapped in place, which further improves the comfort of drivers and passengers.

VGV U75 PLUS is matched with automatic (AT) gearbox, with maximum power of 165KW and maximum torque of 385N.m, and its power performance is good.

VGV U75 PLUS trunk space is quite satisfactory, but it supports the rear seats to be laid down, which greatly improves the expansion of the space and meets the daily travel needs. In addition, the car is equipped with anti-lock braking system (ABS), LED daytime running lights, brake assist (EBA/BAS, etc.), braking force distribution (EBD), traction control (ASR/TCS, etc.), main driver airbag and co-pilot airbag.

The car introduced today is remarkable in terms of space, configuration and power, and home travel is also a good helper. If you are concerned, you might as well experience it.

Biodiesel made from "gutter oil", do you want to try your car? Pilot projects of two gas stations in Shanghai

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"For ten years, this dream has finally taken a substantial step!" On the afternoon of October 30th, Lou Deming, a professor at Tongji University, stood in front of the biodiesel oiler at Zhuanghang Gas Station in Fengxian, Sinopec.

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From now on, two Sinopec gas stations in Fengxian District and Pudong New Area of Shanghai will start to sell B5 biodiesel as a pilot. This means that biodiesel made from kitchen waste oil has finally got rid of the "laboratory" stage and opened up the "last mile" of marketization, and it is just around the corner to realize large-scale replication and popularization.

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Lou Deming said that it has always been his dream to market biodiesel.

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"Free delivery" of biodiesel.

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After removing impurities, chemical reaction, distillation and other processes, refined fatty acid methyl ester, also known as biodiesel, can be obtained from kitchen waste oil. According to China’s national standard "biodiesel blended fuel", biodiesel that can be used in vehicles must be "blended oil". For example, B5 biodiesel provided by the two pilot gas stations is blended with 5% biodiesel and 95% mineral diesel. At the same time, dozens of quality indexes such as sulfur content, acid value, water content, condensation point and polycyclic aromatic hydrocarbons have to be examined.

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The reporter of Jiefang Daily Shangguan saw in a gas station at the intersection of Nanting Highway and Puwei Highway that two oilers have been modified, and four oilers can provide the service of filling B5 biodiesel, and the "biodiesel" mark with white characters on the green background is affixed to the ground of the relevant refueling stations; On the stop sign erected at the gas station, the four characters "biodiesel" have also been added to remind the passing vehicles.

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Looking at the oil price, the average diesel in this station is 6.02 yuan/liter, while the B5 biodiesel can be discounted by 9.5, and the price is 5.72 yuan/liter. "There is 5% biodiesel in every liter of oil, and this preferential price is equivalent to giving biodiesel free of charge." The gas station attendant said that this would attract some car owners to switch to biodiesel, and the invoice would also indicate "biodiesel".

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On the left is the unit price of B5 biodiesel, and on the right is the unit price of ordinary diesel, with preferential 0.3 yuan/liter.

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At present, this gas station in Fengxian reserves about 10 tons of B5 biodiesel, and it is estimated that it can be filled in four or five days if each vehicle is filled with 60 liters at a time. The waiter said that at the beginning, many car owners may be influenced by traditional ideas, and may not necessarily accept biodiesel. There may also be many people pursuing green environmental protection, and the specific effect remains to be seen. Before they fill the vehicle, they will take the initiative to express the oil and ask the driver’s wishes.

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It is almost the same as ordinary diesel.

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The reporter interviewed several car owners who came to the station to refuel at random. They generally welcomed biodiesel, but they didn’t choose biodiesel on the grounds of "not sure about the quality" and "may not accept it when reimbursing".

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In this regard, Lou Deming said that the quality of biodiesel that can enter the pilot of Sinopec gas station has been repeatedly tested, and it is almost the same as ordinary diesel. According to him, since September 29th, 2013, when the first No.70 bus in Shanghai was put into operation, as of September 30th, 2017, a total of 104 buses have participated in the project "Research on Shanghai Application System of Biodiesel Made from High Proportion of Kitchen Waste Oils". These buses that use biodiesel mixed fuels of three specifications (B5, B10 and B20) run for a total of 15,607,200 kilometers, and consume 456,300 liters of waste oil from kitchen to make biodiesel. In the past 10 months, another 32 sanitation vehicles have participated in the above-mentioned experiments, running 83,100 kilometers in total and consuming 2,405.6 liters of kitchen waste oil to produce biodiesel.

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The results show that after using B5 biodiesel, there is no carbon deposit on the surface of the piston top, valve, injector and other key parts of the test vehicle engine, and there is no fault related to the oil circuit. Some vehicles have also seen an improvement in exhaust emissions. Compared with pure diesel, the emissions of carbon monoxide, hydrocarbons and ultrafine particles have all decreased slightly.

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A sanitation truck is waiting to be filled with B5 biodiesel. Driver Ye Jinqing said that on average, it saves a few dollars per day compared with adding fossil diesel, and the tail gas pollution seems to be a little less.

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Solve the problem of "not enough to eat" and "no money to earn"

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Lou Deming said frankly that "gutter oil" became the technology of vehicle fuel, and it was conquered more than ten years ago. The project achievement "Key Technology and Application of Mixed Diesel Fuel Vehicle" won the first prize of scientific and technological progress in Shanghai in 2012, but since then, it has been a very difficult road to make "gutter oil" completely leave the laboratory and go to the market. To sum up, there are two levels: "not enough to eat" and "no money to earn".

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The so-called "not enough to eat" means that there is no stable source of "gutter oil" and it is impossible to guarantee the stable mass production of biodiesel.

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This problem was solved in 2013. Under the leadership of Shanghai Food Safety Office, Shanghai Food Safety Office, Municipal Greening and Appearance Bureau, Municipal Food Safety Federation, Tongji University, Shanghai Huayi Group and Shanghai Zhongqi Environmental Protection Technology Co., Ltd. signed the "Six-Party Cooperation Agreement on the Recycling of Kitchen Waste Oils in Shanghai", which clarified that the kitchen waste oils collected in the whole city were given priority to the bus pilot project. As long as conditions permit, about 30,000 to 40,000 tons of kitchen waste oil produced in Shanghai every year can be transported to designated units to produce biodiesel.

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The so-called "no money to earn" is subject to higher collection, transportation and disposal costs, and Shanghai biodiesel production enterprises have long been in the dilemma of cost inversion. Starting from 2010, the purchase price of "waste oil" of Shanghai disposal enterprises should be calculated according to a certain proportion of the sum of the international prices of crude oil, palm oil and methyl ester. Once the international oil price falls, the longer the production line is opened, the more it will lose money.

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"At present, it is still in a state of loss, and it loses several hundred yuan for every ton sold." Zhang Xuewang, chairman of Sinochem Environmental Protection, said frankly that at present, the purchase price of "waste oil" is about 3,600 yuan/ton, and the direct production cost of about 2,000 yuan has exceeded the market price of biodiesel of more than 5,000 yuan/ton. Therefore, although the disposal capacity can reach 150 tons/day, China Environmental Protection actually only disposes about 60 tons of "waste oil" every day.

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This problem was solved in 2016, and the "Emergency Support Measures for the Collection, Transportation and Disposal of Biodiesel Made from Waste Kitchen Oils in Shanghai" was promulgated, which will subsidize the losses of related disposal enterprises in case of market failure to ensure their normal operation. In addition, Shanghai has set up a budget to promote the application of biodiesel. At present, the costs and expenses arising from the production and distribution of B5 biodiesel related to two pilot gas stations are included in this budget, which will also reduce the burden on related enterprises.

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The attendant at the gas station is filling the vehicle with B5 biodiesel, which the industry has been waiting for for a long time.

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Zheng Shusong, deputy secretary-general of Shanghai Food Safety Federation, said that the promotion of biodiesel depends largely on the financial support of the government, so that the energy cost borne by enterprises is lower than the current pure fossil diesel model, so that enterprises will have the enthusiasm to use it. However, relying on financial support is not a long-term solution. The key is to find a way out of the market. This time, biodiesel has entered the social gas station, which is a huge step.

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"If a gas station can accept biodiesel, the public can really get in touch with biodiesel. Only by understanding, the whole society will further accept and recognize this new energy consumption mode." Zheng Shusong said that it is foreseeable that the sales of biodiesel will become wider and wider, and its value will also increase. At that time, disposal enterprises can no longer rely on financial subsidies and take a purely market-oriented road.

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Closed-loop management of "waste oil"

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"Waste cooking oil" generally refers to the oil produced and processed by non-food raw materials such as kitchen waste, meat processing waste and unqualified livestock and poultry products. In recent years, all parts of the country have continuously intensified the crackdown and strengthened the source control, and the illegal and criminal activities of manufacturing and selling "gutter oil" with kitchen waste as raw materials have been curbed. However, the long-term mechanism for the comprehensive improvement of "gutter oil" has not been fully established, and the illegal and criminal problems of manufacturing and selling "gutter oil" still occur from time to time. In April this year, the State Council issued the "Opinions on Further Strengthening the Governance of Waste Oil", which clearly pointed out that it is necessary to strictly supervise law enforcement, strengthen source governance, and prevent waste oil from flowing to the table; It is also necessary to increase policy support and establish a long-term mechanism to jointly promote the harmless treatment and resource utilization of kitchen waste. It is necessary to regard the treatment of "gutter oil" as the key task of food safety during the 13 th Five-Year Plan period, and strive to make a breakthrough.

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Experts believe that there is no very accurate detection method for "gutter oil" at present, and it is difficult to achieve it only by "person-to-person" supervision. At present, the main breakthrough is resource utilization, and the "sparse" market replaces the "blocking" supervision.

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Referring to the international advanced experience, San Francisco, USA, recycles waste oil from restaurants in the city free of charge, converts it into biofuel and directly forces it to be used in municipal public transport; Japan put forward the "comprehensive strategy of bio-energy", which clearly gives the recycling of waste edible oil an important position in biodiesel fuel, and formulates the policy of state support for cooperative enterprises. Waste oil professional recycling companies basically recycle waste oil from catering enterprises for free, and after a series of treatment and refining, it becomes biodiesel, and then sells it to the government at several times the cost.

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Shanghai has also gained valuable exploration experience in this regard. "Through the path of biodiesel, Shanghai has achieved closed-loop management of kitchen waste oil." Yang Jinsong, director of Shanghai Food and Drug Administration, said that in the future, Shanghai will continue to upgrade its technical standards, use the market-oriented operation mode, promote the diversified application of biodiesel from kitchen waste oil, expand from buses and sanitation vehicles to logistics vehicles and Yangtze River cargo ships, and explore the establishment of a safe and reliable mixed diesel fuel storage and filling system that is suitable for the actual situation of Shanghai and can effectively reduce costs, so as to further improve the supervision system and market operation mode of the whole industry chain.

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Related disposal technology of "waste oil"

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Baoding magotan price cuts hit! The latest offer is 139,900 yuan, and the car is sufficient.

[car home Baoding Preferential Promotion Channel] Recently, preferential promotion activities were launched in Baoding area, with the highest discount reaching an astonishing 35,000 yuan and the lowest starting price of only 139,900 yuan. If you are looking for a medium-sized car with high cost performance, Magotan is undoubtedly a good choice. For more information and a higher discount, please click the "Check Car Price" button in the quotation form.

保定迈腾降价来袭!最新报价13.99万,现车充足

Magotan’s exterior design is famous for its modernity and dynamic lines. The front face adopts the popular family-style design language, with a wide air intake grille and sharp LED headlights, creating a strong visual impact. The side lines of the car body are smooth, and the waistline extends from the headlights to the taillights, showing the sense of movement and strength of the vehicle. On the whole, the design of Magotan not only maintains the sedate style of popular brands, but also has a sense of fashion, which meets the aesthetic needs of modern consumers.

保定迈腾降价来袭!最新报价13.99万,现车充足

The body size of Magotan is 4866mm*1832mm*1479mm and the wheelbase is 2871mm, which gives it spacious and comfortable interior space. The side lines of the car body are smooth and elegant, showing a steady and dynamic posture from front to back. Magotan is equipped with 17-inch wheels and tyre size with 215/55 R17, which not only improves the grip of the vehicle, but also adds a fashionable sense of movement to the whole vehicle.

保定迈腾降价来袭!最新报价13.99万,现车充足

Magotan’s interior style is simple and generous, and the layout of the center console is reasonable, giving people a comfortable and luxurious feeling as a whole. The steering wheel is made of leather, which has a comfortable grip and supports manual adjustment up and down and back and forth, providing a good control experience for drivers. The size of the central control screen can be 8 inches or 9.2 inches, which supports the voice recognition control of multimedia system, navigation and telephone, and improves the convenience in driving. The seat is made of imitation leather. The main and auxiliary seats have the functions of front and rear adjustment, backrest adjustment and height adjustment. The main seat also supports 2-way height adjustment, which improves the riding comfort. There are two USB and Type-C interfaces in the front row and the back row, which is convenient for passengers to charge devices such as mobile phones. In addition, the front row is also equipped with wireless charging function, which further enhances convenience. The rear seats support proportional tilting, which increases the flexibility of the interior space.

保定迈腾降价来袭!最新报价13.99万,现车充足

Magotan is equipped with an L4 engine with 1.4T and 150 horsepower, with a maximum power of 110kW and a maximum torque of 250N·m, which is matched with a 7-speed dry dual-clutch gearbox. This power combination provides abundant power output and smooth shifting experience.

The owner of car home said that Magotan’s body design is handsome and calm, especially the black body looks calm, and the design of the rear is even more eye-catching. The round and thick shape and the letters behind the Volkswagen logo make people feel that this car is very advanced.

2021 Jiangsu Marriage Big Data released, the average age of first marriage is 27.29 years old.

  

1 Marriage registration

  2 Annual trend

  3 geographical distribution

  On February 14th, the Civil Affairs Department of Jiangsu Province announced the Jiangsu 2021 Marriage Big Data. In 2021, the civil affairs departments of the province handled 466,947 pairs of marriage registration, and in 2021, the province accepted 240,435 pairs of divorce registration applications. After 90, it became the main force of marriage. In 2021, the average age of marriage registration in the province was 31.22 years old, and the average age of first marriage was 27.29 years old.

  Yangzi Evening News/Zi Niu News reporter Yu Dandan

  A total of 466,900 couples were registered for marriage throughout the year.

  In 2021, the civil affairs departments of the province handled a total of 466,947 pairs of marriage registration (including 80,635 pairs of post-registration), which was 5.16% lower than the total number of marriage registration in 2020. Among them, 466,281 couples of mainland residents registered marriage, and 666 couples of foreign-related, Hong Kong, Macao and Taiwan residents and overseas Chinese registered marriage.

  Judging from the annual trend of marriage registration, the number of marriage registration in the whole province has shown a downward trend year by year in the past five years. In 2017, the number of registered marriages in Jiangsu was 675,508, in 2018, 637,705, in 2019, 569,442, in 2020, 492,373 and in 2021, 466,947.

  The post-90s generation is the main force of marriage registration.

  In 2021, the average age of marriage registration in the province was 31.22 years old, including 31.88 years old for men and 30.56 years old for women.

  In 2021, the average age of first marriage in the province was 27.29 years old, including 28 years old for men and 26.52 years old for women.

  According to the age groups of men and women who registered for marriage in 2021, males accounted for 10.61% aged 24 and below, 34.08% aged 25-29, 18.15% aged 30-34, 6.9% aged 35-39, 8.6% aged 40-49, 14.23% aged 50-59 and 60.

  Women account for 17.25% at the age of 24 and below, 31.92% at the age of 25-29, 16.03% at the age of 30-34, 6.7% at the age of 35-39, 8.34% at the age of 40-49, 14.41% at the age of 50-59 and 5.35% over 60.

  Judging from the age difference between men and women in the province’s marriage registration in 2021, men are 1-4 years older than women, accounting for 43.16%; Women are 1-4 years older than men, accounting for 22.66%; Men and women of the same age accounted for the third place, accounting for 16.29%.

  Nanjing has the largest number of registrations and the oldest marriage age.

  From the geographical distribution of domestic residents’ marriage registration, Nanjing, Xuzhou and Suzhou rank among the top three in the province. In 2021, 59,230 couples registered to get married in Nanjing, followed by 54,187 couples registered to get married in Xuzhou. Suzhou City ranked third with 45,296 registered marriages. Zhenjiang has the least number of registered marriages in 2021, with 14,616 couples.

  From the average age of marriage registration, Nanjing is the latest, at 33.19 years old; Taizhou is the earliest city, and the average age of marriage registration is 30.5 years old.

  "520" became the most popular wedding day for couples.

  In the past 2021, ten days were favored by new people, namely May 20th, May 21st, June 1st, September 9th, March 18th, December 31st, November 12th, December 2nd, February 19th and September 22nd. Among them, 520, which means "I love you", is the most popular. On that day, 17,663 couples registered to get married in Jiangsu.

  The average age of divorce is 37.98 years old.

  Since the implementation of the Civil Code of People’s Republic of China (PRC) on January 1, 2021, the civil affairs departments of the province have earnestly implemented the cooling-off period policy for divorce. In 2021, the province accepted 240,435 pairs of divorce registration applications, and completed 134,943 pairs of divorce registration in that year, accounting for 56.12% of the total number of divorce registration applications; 87,635, if the divorce application is voluntarily withdrawn within the cooling-off period or fails to be processed within the time limit, it is regarded as withdrawal, accounting for 36.45%; 17857 couples are in the cooling-off period of divorce or the period of registration and certification, but they have not been settled yet, and they will continue to handle it in 2022.

  In 2021, the average age of divorce registration in the province was 37.98 years old, including 38.85 years old for men and 37.11 years old for women.

10 domestic new energy vehicles, who is the ceiling?

With the rapid development of the new energy vehicle market, more and more domestic brands have emerged in this field and launched electric cars with powerful performance and full sense of technology. Facing the dazzling array of vehicles, who is the "ceiling" of domestic new energy vehicles? This paper will take you to analyze ten popular domestic electric vehicles one by one, and make a detailed comparison from the aspects of power system, body size, endurance and intelligent configuration.

Guide price: starting from 249,800 yuan

Power system: Zhiji S7 is equipped with a dual-motor system, with a total output of about 400 horsepower and an acceleration time of 100 kilometers within 4 seconds, showing excellent acceleration capability.

Cruising range: It can travel more than 500 kilometers on a single charge, meeting daily and long-distance driving needs.

Body size: The body length of Zhiji S7 is about 4980mm, and the wheelbase is 2900mm, which ensures sufficient internal space.

Intelligent configuration: The car is equipped with an advanced intelligent driver assistance system and a large-size central control panel, providing a convenient intelligent interconnection experience.

With its balanced performance, excellent battery life and intelligent configuration, Zhiji S7 occupies an important position in the mid-to-high-end market and becomes an ideal choice for users who pursue a sense of technology and driving pleasure.

Guide price: starting from 209,900 yuan

Power system: Krypton 007 is available in single-motor and dual-motor versions, with the maximum output power of 300 HP and 450 HP respectively, and the power is strong and stable.

Cruising range: Under standard test conditions, the cruising range of Krypton 007 reaches 600 kilometers, which is suitable for long-distance driving.

Body size: The body length is about 4950 mm, the wheelbase is 2950 mm, and the interior space is spacious and comfortable.

Intelligent configuration: Extreme Krypton 007 is equipped with panoramic sunroof, intelligent driving assistance system and intelligent voice assistant, which is full of science and technology.

The luxurious interior and advanced technology configuration of Krypton 007 make it a popular choice for consumers who pay attention to quality life.

Guide price: starting from 185,800 yuan

Power system: single motor configuration, output power of 350 HP, suitable for a variety of driving scenarios.

Cruising range: The Lectra 07 has a cruising range of 500 kilometers, ensuring long-term driving without frequent charging.

Body size: the length is 4930mm, and the wheelbase is 2940mm, which provides sufficient space for riding and storage.

Intelligent configuration: Intelligent driving assistance system, lane keeping assistance and automatic parking greatly improve driving safety.

As a fashionable intelligent electric car, Linke 07 has won the favor of young consumers through perfect safety configuration and intelligent driving technology.

Guide price: starting from 189,000 yuan

Power system: dual-motor system, with a total output of 400 HP, supporting all-wheel drive.

Cruising range: The cruising range of Extreme Yue 07 is about 600 kilometers, which is very suitable for long-distance driving.

Body size: The length of the car is 4,970 mm and the wheelbase is 2,955 mm, providing a spacious interior space.

Intelligent configuration: equipped with intelligent navigation, voice control and car networking functions, the user experience is excellent.

With its excellent performance and reasonable pricing, Extreme Yue 07 has become a dark horse in the mid-market and attracted a large number of consumers who are pursuing high cost performance.

5. Xiaomi Su7: A New Breakthrough of Technology Giants

Guide price: starting from 215,900 yuan

Power system: Xiaomi Su7 is equipped with a 430 HP dual-motor system, which supports all-wheel drive and provides excellent power output.

Cruising range: The cruising range of 600 kilometers makes this car perform well in long-distance driving.

Body size: 5000 mm long and 3000 mm wheelbase, providing comfortable interior space.

Intelligent configuration: Xiaomi Su7 is equipped with powerful intelligent interconnection functions, including intelligent voice assistant and remote control, which further enhances the user experience.

As a masterpiece of technology giant Xiaomi’s entry into the automobile market, Su7 not only continues the tradition of high cost performance of Xiaomi products, but also brings amazing intelligent technology experience.

Guide price: 995,800 yuan

Power system: Wangwang U7 is equipped with a 700-horsepower three-motor system, which provides superior power output, and the acceleration time of 0-100 km/h is less than 3 seconds.

Cruising range: The cruising range is over 700 kilometers, which is suitable for the long-distance travel needs of high-end users.

Body size: the length of the car is 5150 mm, the wheelbase is 3100 mm, and the interior is luxurious and spacious.

Intelligent configuration: top intelligent driving system and luxurious interior, positioning the ultra-high-end market.

Looking forward to the ultra-high performance and luxury configuration of U7, it will become the "ceiling" in the high-end electric vehicle market, and it is the ultimate choice for a few rich people and top consumers.

Guide price: starting from 159,000 yuan

Power system: equipped with 250 horsepower single motor system, suitable for daily city driving.

Cruising range: The cruising range of 450 kilometers is enough to meet the daily commuting needs.

Body size: 4850 mm long and 2900 mm wheelbase, providing a compact and practical interior space.

Intelligent configuration: basic intelligent driving assistance function and in-vehicle interconnection system are economical and practical.

As an economical and practical electric vehicle for home users, Dongfeng Eπ007 has become a best-selling model in the market with its low price and stable performance.

Guide price: starting from 188,000 yuan

Power system: Tucki P7 provides two power configurations of 360 HP and 500 HP, supporting high-speed driving and long-distance driving.

Cruising range: The cruising range is 600 kilometers, and the performance is excellent.

Body size: 4880 mm long, 2998 mm wheelbase, spacious interior, suitable for family use.

Intelligent configuration: equipped with XPilot automatic driving function, it supports expressway automatic driving and automatic parking in parking lot.

With its intelligent automatic driving system and long endurance, Tucki P7 has become the first choice for technology enthusiasts and users who pay attention to driving experience.

Guide price: starting from 189,900 yuan

Power system: Feifan F7 is equipped with a 450 HP dual-motor system, providing all-wheel drive function.

Cruising range: cruising range is 550 kilometers, which can meet the driving needs of most users.

Body size: the length of the car is 4900 mm and the wheelbase is 3000 mm. The interior design is full of modernity.

Intelligent configuration: Intelligent driver assistance system and efficient energy management system make this car find the best balance between performance and practicality.

Feifan F7 is an electric car with high cost performance, which is suitable for those consumers who value modernity and practicality.

Guide price: starting from 428,000 yuan

Power system: Weilai ET7 is equipped with 650 HP dual-motor all-wheel drive system, providing top-level power output.

Cruising range: With a cruising range of 700 kilometers, it is one of the longest electric vehicles on the market at present.

Body size: the length of the car is 5100mm, the wheelbase is 3060mm, and the interior is extremely luxurious.

Intelligent configuration: with the world’s leading autonomous driving technology and top-class luxury configuration in the car, it is a leader in the high-end market.

With its luxurious configuration and excellent performance, Weilai ET7 has become one of the flagship models in the domestic electric vehicle market, and it is the best choice for users who pursue the ultimate driving experience and luxury enjoyment.

Who is the real "ceiling" in the domestic new energy vehicle market? These models have their own advantages, from the economical Dongfeng Eπ007, to the scientific and technological Xiaomi Su7, and then to the luxurious U7 and Weilai ET7, each car occupies an important position in different market segments. For consumers, which car to choose depends on your most important needs-performance, intelligence, luxury configuration, or economy and practicality?

Baotou eπ 008 price reduction news! The latest offer 188,600, act quickly

[Autohome Baotou Discount Promotion Channel] is conducting preferential promotions, with a maximum discount of 28,000 yuan and a minimum starting price of only 188,600 yuan, bringing unprecedented preferential opportunities to car buyers. If you are interested in eπ 008, please click "Check Car Price" in the quotation form to get higher discounts.

包头eπ008降价消息!最新报价18.86万,赶快行动

The exterior design of the eπ 008 is bold and futuristic, with a highly recognizable front face, paired with sharp LED headlights and narrow daytime running lights, showing a strong visual impact. The air intake grille adopts a closed design, which not only meets the aesthetic needs of modern electric vehicles, but also effectively reduces wind resistance and improves energy efficiency. Overall, the eπ 008 presents a streamlined body line, combined with a low body posture and large-sized wheels, showing a dynamic and sporty atmosphere.

eπ008的车身尺寸为5002*1972*1732mm,轴距为3025mm,前后轮距均为1650mm。流畅的车侧线条与车身尺寸相得益彰,配合265/45 R21规格的轮胎,彰显出不凡的运动气息。铝合金轮圈的精致设计与轮胎完美融合,提升了整车的视觉效果和驾驶体验。

包头eπ008降价消息!最新报价18.86万,赶快行动

eπ008的内饰设计以简约时尚为主,车内采用了高品质的材料,营造出一个舒适且科技感十足的驾驶空间。方向盘采用皮质材质,手感细腻,支持手动上下和前后调节,方便驾驶员找到最舒适的位置。中控台上配备了一块15.6英寸的高清触控屏幕,集成了多媒体系统、导航、电话和空调控制等功能,并支持语音识别控制,操作便捷。此外,车内还配备了多个USB和Type-C接口,前排有2个,后排有3个,满足乘客的充电需求。前排座椅采用仿皮材质,主副驾驶座椅均可进行前后、靠背、高低和腰部支撑的调节,同时具备加热和通风功能,进一步提升乘坐舒适度。驾驶位还配备了头枕扬声器,带来更加立体的音效体验。此外,电动座椅记忆功能使用户可以轻松保存和调用座椅设置,而第二排座椅则支持前后、靠背和腿托调节,后排座椅还可以按比例放倒,增加储物空间。

包头eπ008降价消息!最新报价18.86万,赶快行动

eπ008配备了1.5T 147马力的L4发动机,最大功率为108kW,最大扭矩达到210N·m,配合电动车单速变速箱,提供了高效的动力输出。

汽车之家车主 对eπ008的外观设计给予了高度评价,他特别提到了向阳金外漆,认为它沉稳有内涵,非常高级。相比之下,虽然黑色也很吸引人,但他认为黑色漆面不耐脏,最终选择了向阳金。@我们抓水母还提到,购买时向阳金还享有1500元的优惠,他认为这是一笔非常划算的交易。

The advantages and disadvantages of the Cadillac XT5 are obvious. Can you buy it?

A fan backstage wanted me to chat and ask if this model was worth buying, and he himself has a 300,000-400,000 car purchase budget.

In fact, I like to talk about the Cadillac model, because the biggest advantage of the Cadillac model is its high price range, which gives us the feeling that it is really a conscientious price. But we can’t just look at the price of the car, we need to take a deeper look at whether this model is worth buying.

First of all, let’s take a look at the manufacturer’s guide price of this XT5 model, 329,700 yuan to 469,700 yuan. The discount range of this model is up to 70,000, but in fact only the preferential price of top or stock cars can reach so much. Generally speaking, the price of naked cars for entry-level dealers is about 270,000 yuan, of course, each city is different. According to this calculation, its discount range is about 60,000 yuan.

In terms of exterior design, the exterior design is our common Cadillac family shape, and the front of the car is particularly recognizable. The forward air net uses the design of Cadillac shield shape, and the interior is filled with honeycomb blackened material. The edge of the LED headlights is decorated by a vertical LED light strip from top to bottom, which is integrated with the fog lamp Led light source. From the exaggerated design in front, the sports fan and business fan are the characteristics of this XT5.

The side of the model creates an outstanding sense of muscle vision for us, and the waist line that gradually rises from front to back allows us to know what is called a sense of strength. A feeling of diving, ready to go, arises spontaneously, which is one of the most commonly used techniques in American muscle construction.

On the rear side of the model, the diamond-cut taillights can tell from a distance that this is a Cadillac. In addition, the XT5 also uses two-sided chrome exhaust pipes, which shows that the power is relatively strong.

As far as the overall design is concerned, the appearance is quite high, and of course the lines of the entire body are also designed to be relatively tough, which is very appealing to young consumers, but it is not very attractive to consumers who like mediocre designs.

Looking at the specific body data, the length, width and height are 4813/1903/1682mm respectively, and the wheelbase is 2857mm. This is a medium-sized SUV, and the body data performance is actually quite good, especially the excellent width of this model, which makes the ride comfort in this XT5 very high.

The interior atmosphere of the car is an all-black interior, and the entire interior is still the familiar Cadillac model. The materials used in the whole car are relatively willing, and a large area of soft materials is used to cover the car, which feels particularly good. However, this XT5 still has a more troublesome problem, that is, there are many electronic devices used in the car, which makes the central control and gear handles easy to get fingerprints, which is particularly troublesome.

Overall, I personally think the interior of this XT5 model is quite well designed, with a sense of luxury in place. And the essence of the design of the American sofa is also reflected in this model. The seats are fully filled and comfortable to ride.

The rear row space is also relatively spacious, and is equipped with a separate air conditioner out of trend, which is more comfortable. In addition, attentive friends may have found that its floor bulge is very low, almost flat. Why is this? Many friends may have guessed that, yes, this is a front-wheel drive car.

Let’s take a look at the power part. This XT5 uses a 2.0T engine with a maximum power of 237 horsepower and a peak torque of 350N · m. There is no distinction between high and low power versions, which is one of the biggest differences from the German SUV.

As for the gearbox part, it uses a nine-speed automatic gearbox, which is very reliable. I personally think it is more reassuring than a seven-speed dual-clutch gearbox.

The chassis structure uses a front McPherson independent suspension, a rear five-bar independent suspension, and a timely four-wheel drive system is used on the medium and high configuration.

What do you think of this design? In fact, the price you want to talk about is really very affordable, but the price is affordable. In addition to the second-tier brand factors, it is also more related to the body design, such as its chassis structure. We all know that the front and rear five-bar independent suspension is used, but on the top, it uses the McPherson-style independent suspension commonly used in joint-venture medium-sized SUVs, which is really not up to the first-tier luxury cars.

If you want to say that this one has its own characteristics, it does have American muscle feel, strong power, and cheap price. But if you want to say that its shortcomings are actually particularly obvious, that is, it uses a lower-cost former McPherson-style independent suspension, so cheap is also reasonable. So what do you think of this Kai’s cost performance? Welcome to the comment area to discuss and leave a message.