{"id":36318,"date":"2021-02-17T08:34:53","date_gmt":"2021-02-17T07:34:53","guid":{"rendered":"https:\/\/www.berylls.com\/berylls-at-auto-shanghai-omnipresence-of-dual-circulation\/"},"modified":"2025-08-13T11:18:44","modified_gmt":"2025-08-13T09:18:44","slug":"berylls-at-auto-shanghai-omnipresence-of-dual-circulation","status":"publish","type":"post","link":"https:\/\/www.berylls.com\/en\/berylls-at-auto-shanghai-omnipresence-of-dual-circulation\/","title":{"rendered":"Berylls at Auto Shanghai – Omnipresence of dual circulation"},"content":{"rendered":"\t\t
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Berylls at Auto Shanghai – Omnipresence of dual circulation<\/h1>\n\n Munich, May 2021<\/span>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n \t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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ur China MD Willy Wang with the latest news and trends directly from Shanghai.<\/strong><\/p>\n\n <\/div>\n\n \n\n <\/div>\n \t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Auto Shanghai ended a few days ago, and it didn\u2019t disappoint. International and, in particular, domestic OEMs brought out impressive debuts (along with a highly publicized incident with Tesla) and there were a few surprises, too. Berylls visited the fair during the media days, and we have summarized what we consider to be the highlights for you below:<\/h6><\/div><\/div><\/div><\/div><\/div><\/div>

\"Hengchi<\/p>

Hengchi 1. Source: Berylls.<\/p><\/div>

1. Domestic players on the rise \u2013 Displaying lots of self-confidence & high-flying ambitions<\/strong><\/h3><\/div>

While all domestic heavyweights premiered new models, Hengchi (the auto subsidiary of Evergrande, China\u2019s second largest real-estate company) stole the limelight. It invited more than 1,000 media for the premiere of its nine models, and made bold claims that it competes with established premium brands.<\/p><\/div>

2. The contest over ICV has begun \u2013 \u201cTOPS\u201d & \u201cMP\u201d are the new \u201chp\u201d & \u201ckW\u201d<\/strong><\/h3><\/div>

While Chinese NEV (New Energy Vehicle) players previously battled for longer range, faster acceleration, etc., they are now competing in the autonomous driving arena. Their target: ICVs (Intelligent Connected Vehicles), and KPIs such as \u201cTOPS\u201d (Tera Operations Per Second), and \u201cMP\u201d (megapixels).<\/p>

\"Xpeng<\/p>

Xpeng P5. Source: Berylls.<\/p><\/div>

NIO showed its upcoming ET7, equipped with its latest autonomous-driving system. In terms of specifications, it is superior to the Tesla Model S. It has an impressive range of 1,000 km as well as 11 cameras with a resolution of 8MP (compared to 8 cameras in Model S with 1.2 MP), and computation power of 1,016 TOPS (compared to 144). The autonomous-driving system will be available as \u201cADaaS\u201d (Autonomous Driving-as-a-Service).<\/p>

Xpeng premiered its P5, which will be the world\u2019s first mass-produced model to feature LiDAR sensor technology.<\/p>

It seems that the battle for ICV superiority has kicked off, and that, today, the three top winning criteria are number of sensors, TOPS, and MP.<\/p><\/div>

3. Pressure in all segments \u2013 Premium facing the greatest threat<\/strong><\/h3><\/div>

\"IM<\/p>

IM L7. Source: Berylls.<\/p><\/div>

Chinese players have now begun to seriously attack the premium segment \u2013 new (ICV) players in particular are readying their turn. IM (Zhiji Motor), a new EV brand (a joint-venture between SAIC and Alibaba Group), premiered its IM L7. With similar dimensions as the BMW 5 Series, it comes with wireless charging, a luxurious minimalistic interior (a trend in itself), and a maximum range of 800 km.<\/p>

Geely debuted its Zeekr premium brand. The first model, Zeekr 001, will be offered via direct sales and via subscription model, and comes with an OTA shop.<\/p>

HiPhi, a self-proclaimed \u201cTECHLUXE\u00ae\u201d (technology & luxury) brand, put its HiPhi X on display. The price range from RMB 570k to RMB 800k is a very big one for a Chinese brand. It is plain to see that Chinese players are eyeing premium, and are all set to take on Mercedes-Benz, BMW, and Audi.<\/p><\/div>

4. Tech players make a big splash \u2013 New challengers are emerging in the autonomous driving & some other sectors<\/strong><\/h3><\/div>

\"Arcfox<\/p>

Arcfox Alpha S. Source: Sohu.<\/p><\/div>

Huawei, the exhibitor attracting the most media attention after Hengchi, rolled out a plethora of new products \u2013 HarmonyOS smart cockpit powered by its own Kirin chips, AR-HUD (Augmented reality \u2013 Head-up displays), MDC810 (intelligent driving computing platform), etc. All these tech, along with super-fast charging, can be experienced within Arcfox Alpha S (a brand of BAIC), and is thus labelled with a sticker \u201cHuawei Inside\u201d.<\/p>

The products presented by Baidu were very similar. It is interesting how new players are surging into the automotive market with a vast array of product offerings.<\/p><\/div>

5. Micro EVs, the next big thing \u2013 Highly popular among young & female customers<\/strong><\/h3><\/div>

\"Ora<\/p>

Ora Good Cat. Source: Berylls.<\/p><\/div>

Micro EVs, such as SGM Wuling Hongguang\u2019s Mini EV, and Great Wall Motors\u2019 ORA Black Cat, are racking up high sales numbers. Today, Wuling Hongguang\u2019s Mini EV is already greatly sought after by young women (80% of its mostly female buyers were born after 1980 \/ 1990) and its latest convertible model hopes to continue this trend. The latest ORA models is testimony of the company\u2019s continued intention to position itself as a brand that \u201cloves women more\u201d. In March 2021, women accounted for 70% of its customers \u2013 and the company hopes to have continued success with new cat-themed models such as \u201cCyber Cat\u201d, and \u201cPunk Cat\u201d.<\/p>

Previously thought of as a cheap entry point into mobility, these brands are pioneers of a new wave of EVs that target the young female population.<\/p><\/div>

Summary<\/strong><\/h3><\/div>
Dual circulation, in particular the idea of strengthening the domestic market, was omnipresent at Auto Shanghai \u2013 especially when it comes to autonomous driving and ICV along the entire value chain.<\/h6>
As Chinese players all strive to move abroad, they will pose formidable competition for established premium OEMs in their heartland.<\/h6><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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Insight download and author information\n<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Author<\/h2> <\/div>\n \n
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Willy Wang<\/p>\n

Principal & Managing Director Berylls China<\/p>\n

willy.wang@berylls.com<\/p>\n <\/div>\n

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Willy Wang<\/p>\n\n

Willy Lu Wang (1981) joined Berylls Strategy Advisors in 2017. He started his career participating in the graduate program of Audi focusing on production planning. After stations at another strategy consultancy as well as being the strategy director for a German Tier-1 supplier, he is now responsible for the China business at Berylls.<\/p>\n

He has a broad consulting focus working for all clients in China, whether they are JVs, WOFEs or pure local players. He is also responsible for the development of AI and Big Data products dedicated towards the Chinese market further strengthening the Berylls End-to-End strategy and product development capabilities.<\/p>\n

Wang studied Electronics & Information Technology with focus on Systems and Software Engineering and Control Theory at Karlsruhe Institute of Technology.<\/p>\n<\/div>\n <\/div>\n

\n Contact us<\/a>\n More about Berylls<\/a>\n <\/div>\n <\/div>\n
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Berylls at Auto Shanghai – Omnipresence of dual circulation Munich, May 2021 O ur China MD Willy Wang with the latest news and trends directly from Shanghai. Auto Shanghai ended a few days ago, and it didn\u2019t disappoint. 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