Full power products cover heavy trucks and construction machinery. With the changes in market demand and the improvement of its own product line, Weichai 's product structure adjustments have also become more in place, and the spectrum of diesel engines has gradually become complete. At present, except for the 10 to 12-liter series of heavy-duty truck engines that have occupied 35% to 40% of the market share, the independently developed 5 to 7-liter engines have passed the market inspection for more than two years in the fields of passenger cars, excavators and medium- and heavy-duty trucks. It is expected that Form a larger market breakthrough. From 2 to 620 liters, the power from 30 to 10 thousand horsepower, Weichai's product model is gradually complete, the engine product line width has exceeded all other engine suppliers in the world. Determined to become a full range, full range of power suppliers. The company will continue to actively adjust its structure and balance the development of powertrains, commercial vehicles and parts and components. Among them, the engine business segment must create a global leading, full-series, full-field power provider, and build a million-million-cadre, green-tech R&D and manufacturing base with a product displacement of 2-620L and a power range of 30-10,000 hp. Used in commercial vehicles, construction machinery, passenger cars, ships, yachts, power generation, agricultural machinery and other fields. Weichai is not a single diesel engine manufacturer, but a company with a variety of powertrain and commercial vehicle products. Independent property rights green Chinese heart - Lan Qing. Weichaiguo V Blue Engine II is the high-speed high-power diesel engine with independent intellectual property rights after five years of painstaking research and development. Lanqing Power is currently the only domestic high-speed, high-power green power system that has achieved emission standards that meet Euro III and National V standards, and has been market-proven and widely recognized by customers. Lanqing engine's three advantages of energy saving and environmental protection: the overall failure rate is reduced by 30%; under standard conditions, the fuel consumption per hour is reduced by 3L; the overall noise is reduced by 2dB. If Weichai Power currently calculates the market share of nearly 40% in the heavy truck market, the demand for Weichai diesel engines above 10L will reach 1.2 million units in five years. Comprehensive evaluation and valuation. The highlights of the company are the full-power system and the establishment of a company body that runs through the entire industrial chain of “parts supply companies → production companies for complete vehicles and key assembly parts → parts wholesale and distribution companies → service terminalsâ€. Referring to the valuation level of auto manufacturing companies in the secondary market, we believe that the company will give the company a PE level of 17X (lower than the industry average of 26X), which corresponds to the 2011 target price of 75.65 yuan, which is higher than the absolute valuation of 75.06 yuan. Taken together, we set the target price at 75.06. We give a "buy" investment rating.
Hybrid SUV is a type of sport utility vehicle that combines an internal combustion engine with an electric motor and batteries. These vehicles offer the advantages of both electric cars and traditional gas-powered SUVs.
One advantage of Hybrid SUVs over electric cars is their extended driving range. As plug-in hybrid SUVs, they can use both electricity and gasoline, providing flexibility for longer journeys and reducing range anxiety.
Additionally, Hybrid SUVs offer improved fuel efficiency compared to conventional gas-powered SUVs, leading to reduced fuel consumption and lower carbon emissions.
Large hybrid SUVs in 2023 showcase advancements in hybrid technology, providing spacious and eco-friendly options for families and group travel.
Embracing Hybrid SUVs allows us to reduce our environmental impact, promoting greener transportation solutions without compromising on space and utility.
While Hybrid SUVs offer benefits over both electric and gas-powered vehicles, the ongoing development and adoption of electric and hybrid technologies will further pave the way for a cleaner and sustainable future for transportation.
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