Jiangjie S9 Launches, Yet Beiqi Blue Valley Plummets

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The automotive industry in China is witnessing a significant shift towards electric vehicles, particularly in the luxury segmentRecently unveiled is the Xiangjie S9, a product of a collaboration between BAIC Group’s electric vehicle division, BAIC Blue Valley, and tech giant HuaweiPositioned as a flagship executive sedan, the Xiangjie S9 marks the advent of the Xiangjie brand, showcasing a pure electric luxury sedan that stands in direct competition with established players like the BMW 5 Series, Audi A6L, and Mercedes-Benz E-Class.

Available in two main variants—MAX and Ultra—Xiangjie has set pricing at 399,800 yuan for the MAX and 449,800 yuan for the UltraThese pricing structures are strategically crafted to contend with conventionally powered luxury sedans, indicating a clear intent to capture market share in this competitive segment.

In a surprise announcement shortly after its launch on the evening of August 7, the Xiangjie S9 achieved remarkable pre-orders exceeding 2,500 units within 24 hoursHowever, despite this initial success, the stock price of BAIC Blue Valley plummeted the next day by over 10%, highlighting investor skepticism about the sustained demand for this new model.

Delving into technical specifications, the Xiangjie S9 is manufactured exclusively as an electric vehicleEach model is equipped with a cutting-edge 100 kWh Nanjing Times lithium battery and supports an 800V fast-charging infrastructureThe MAX version features a single rear-drive motor, delivering a maximum output of 230 kW and an impressive range of 816 km under the CLTC cycleMeanwhile, the Ultra version employs a dual motor all-wheel-drive setup that provides a robust maximum power of 390 kW and a range of 721 km.

The chassis design integrates advanced front double wishbone independent suspension with a rear multi-link independent suspension, complemented by an air suspension system across all models, ensuring a smooth ride while enhancing vehicle stability.

One of the Xiangjie S9’s standout features is its smart cabin, powered by the latest HarmonyOS 4.0 system

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It comes equipped with an impressive 15.6-inch central control display and a 12.3-inch instrument clusterThe Ultra version takes luxury a notch higher with a right-hand rear seat featuring zero gravity seating for unparalleled comfort, marketed as the world's first mass-production sedan to incorporate such a featureMoreover, the Ultra model includes a smart rearview mirror, and the MAX version offers it as an option.

In terms of intelligent driving technology, the Xiangjie S9 boasts HUAWEI ADS 3.0. This system incorporates an extensive array of 27 sensing components including LiDAR, millimeter-wave radar, high-definition cameras, and ultrasonic sensors, enabling advanced automated driving capabilities, which could revolutionize the user experience and enhance road safety.

During the launch, Yu Chengdong, Huawei's Executive Director and chairman of its Terminal BG, stressed the Xiangjie S9's ambition to compete against high-end sedans such as the BMW 7 Series 750Li, Audi A8L, and Mercedes-Benz S-ClassHis comments correlate with the pricing of the Audi A8L starting at 789,800 yuan, with the BMW 7 Series and Mercedes-Benz S-Class starting above 900,000 yuan each, indicating that Xiangjie S9 is targeting a slightly lower segment.

With measurements of 5160mm in length, 1987mm in width, and a 3050mm wheelbase, the Xiangjie S9 occupies the C-segment, differentiating itself from the D-class luxury sedans, yet competing closely with its contemporaries from BMW, Audi, and Mercedes-Benz in the C-class categoryAccording to various reports, the BMW 5 Series starts at 439,900 yuan, the Audi A6L at 427,900 yuan, and the Mercedes-Benz E-Class starting at 447,200 yuanLast June alone, these models collectively sold thousands of units, which sets a formidable benchmark for the new Xiangjie model.

The financial performance of BAIC Blue Valley has been scrutinized, with recent reports indicating persistent losses over the past few yearsIn response to mounting pressures, the brand has positioned the Xiangjie series as a pivotal project to reclaim its footprint in the luxury electric vehicle market

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Chairman Zhang Jianyong expressed a bold commitment to invest all necessary resources into the development and promotion of the Xiangjie S9, highlighting a strategic shift to elevate BAIC’s profile amidst growing competition.

Historically, BAIC had celebrated successes with its BEIJING brand which catered to the ride-hailing market; however, newer ventures like the Arcfox series have seen fluctuating performances, prompting the introduction of Xiangjie to rejuvenate the brandAs of mid-2023, BAIC Blue Valley anticipated further losses, suggesting that the stakes are high for the Xiangjie S9 to succeed.

The upcoming months will be crucial for the Xiangjie S9 as it tries to carve out its niche in China’s burgeoning electric luxury sedan marketInitial reviews highlight the vehicle's spaciousness, aerodynamic design, and impressive capabilities—yet some remain skepticalCritics point out that its specific focus on the executive vehicle market might limit its appeal to everyday consumers and familiesThe vehicle’s features like the zero gravity seats and extensive privacy protections suggest a target audience of high-level executives rather than average car owners.

The Xiangjie S9's performance metrics, such as space efficiency, aerodynamic resistance, and braking systems, boast significant advantages over traditional luxury carsNonetheless, its acceptance hinges upon alleviating potential users' range anxiety, a common concern in the EV sector, especially for users who often embark on long journeys for businessMoreover, electric models like the NIO ET7 and BMW i5 have seen mixed performances, painting a challenging landscape for newcomers like the Xiangjie S9 seeking to become the next sales blockbuster.

Moreover, the lack of a distinctive emblem or graphical branding for the Xiangjie series raises questions regarding its identity in the luxury marketUnlike its competitors that boast iconic logos, the Xiangjie S9's branding does not command the same immediate recognition or association with luxury, which could dilute its market impact.

In summary, despite the promising features of the Xiangjie S9 and its competitive pricing, achieving breakout success will require navigating complex market dynamics

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