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Dalam pasaran SUV Malaysia, ramai pembeli membandingkan Proton X70 dan Honda CR-V ketika memilih kereta. Kedua-dua kereta ini harga dan posisinya agak hampir, hari ini kita akan buat perbandingan terperinci dari banyak aspek, membantu anda menjimatkan masa membuat kajian.
Harga OTR Proton X70 di Malaysia ialah RM 106,800 - 122,300, terdapat 3 variasi termasuk 1.5L Standard 2WD (RM 106,800), 1.5L Executive 2WD (RM 115,800), 1.5L Premium 2WD (RM 122,300) dan lain-lain.
Harga OTR Honda CR-V di Malaysia ialah RM 178,200 - 195,900, terdapat 4 variasi termasuk 2026 e:HEV 2.0L 2WD RS (RM 195,900), 2026 1.5T 4WD V (RM 181,900), 2026 e:HEV 2.0L 2WD E (RM 178,200) dan lain-lain.
Dari segi harga, harga permulaan Proton X70 benar-benar RM 71,400 lebih murah berbanding Honda CR-V. Jika bajet anda terhad, versi permulaan Proton sudah boleh memenuhi keperluan harian. Tetapi perlu diingat, jika berbeza harga beberapa ribu ringgit, mungkin ada kompromi pada kelengkapan, bergantung pada keperluan anda.
Proton X70 dilengkapi enjin 1.5L Turbo, kuasa 140 hp. Penggunaan bahan api rasmi 7.0 L/100km.
Honda CR-V dilengkapi enjin 2.0L 4-silinder, kuasa 170 hp. Penggunaan bahan api rasmi 8.0 L/100km.
Dari segi kuasa, enjin 2.0L 4-silinder Honda CR-V mempunyai 30 kuasa kuda lebih berbanding Proton X70 1.5L Turbo. Namun untuk penggunaan harian di bandar, kedua-dua kereta ini mempunyai kuasa yang mencukupi, anda tidak akan rasa kurang tenaga.
Penarafan keselamatan Proton X70 ialah 5★ (ASEAN NCAP), sistem keselamatan aktif termasuk ADAS (ACC, AEB, LKA, LDA, BSM, RCTA).
Penarafan keselamatan Honda CR-V ialah 5★ (ASEAN NCAP), sistem keselamatan aktif termasuk Honda SENSING (ACC, CMBS, LKAS, RDM).
Penarafan keselamatan kedua-dua kereta sama, dalam kategori ini kelengkapan keselamatan diberikan dengan cukup lengkap. Keselamatan kereta baharu semasa ini tidak buruk, tidak perlu risau mengenai hal ini.
Proton X70 menggunakan cara penggerak FWD.
Honda CR-V menggunakan cara penggerak FWD.
Cara penggerak kedua-dua kereta sama, keduanya FWD, pengalaman memandu harian tiada perbezaan besar.
Proton X70 dan Honda CR-V adalah pilihan utama pasaran Malaysia, sesuai untuk penggunaan keluarga, komuter harian. Jika anda lebih mementingkan reputasi jenama dan harga kenderaan terpakai, pertimbangkan dulu yang mempunyai reputasi lebih baik; jika anda lebih mementingkan nilai kos dan kelengkapan, pilih yang mempunyai konfigurasi lebih kaya. Akhir sekali disyorkan untuk ujian jalan kedua-duanya, pengalaman langsung adalah yang paling penting.
Secara keseluruhan, Proton X70 dan Honda CR-V adalah model kereta yang sangat bagus di pasaran Malaysia. Memilih yang mana, penting melihat keperluan dan bajet peribadi anda. Disyorkan buat kajian, bandingkan penawaran harga beberapa kedai kereta, kemudian buat ujian jalan untuk keputusan akhir. Membeli kereta adalah perkara penting, meluangkan masa membuat kajian tidak akan salah.
On July 24, Great Wall Motor Chairman Wei Jianjun officially unveiled two major new models through his personal social media accounts — the ORA 5 GT and the ORA 5 Sport. These two differentiated hatchback sports coupes are set to launch in the domestic market, with plans to be exported globally in tandem, filling the gap in the independent Chinese brand hatchback performance vehicle segment.
For a long time, joint venture models have firmly occupied the niche market for hatchback sports coupes, while the supply of similar domestic products has been scarce. Wei Jianjun stated directly that Great Wall had already initiated long-term R&D iteration for this category. This launch of twin models aims to carve out a niche for independent brands in this track, creating a national sports car that balances aesthetics and handling to achieve "good looks and great performance". The positioning of the two new cars is clear, covering different young consumer segments with two distinct sports aesthetics schemes. These are not short-term trend-chasing products, but an important achievement of Great Wall's proactive R&D strategy implementation.
Both models share the ORA family's retro sports design language, but their exterior styles are distinctly different. The ORA 5 GT focuses on extreme track performance, factory-equipped with a full set of aerodynamic kits, including a wind-cutting front splitter, sports side skirts, and a vented rear wing, all included. Matching competition-exclusive high-saturation body colors, red brake caliper accents, and a quad-exhaust exhaust style, it achieves "factory standard is bespoke", maximizing the visual combat feel. Track feedback shows the chassis tuning is solid, cornering lateral support is ample, and steering response is crisp, specifically crafted for performance enthusiasts who pursue pure driving dynamics and refuse compromise.
The ORA 5 Sport version leans more towards urban trendy daily life. It features a fresh contrasting two-tone body paired with a lightweight sports body kit and red brake calipers. A LiDAR is mounted on the roof, balancing trendy aesthetics with high-level intelligent driving capabilities. The overall temperament of the vehicle is gentle and versatile, adapting to all scenarios including commuting, suburban trips, and friend gatherings, precisely capturing urban young users who favor light sports styles. Currently, this version has arrived in batches at offline stores nationwide, and consumers can visit the stores to view the actual vehicles.
Aside from the domestic market layout, the two new cars bear the heavy responsibility of ORA's globalization expansion. Wei Jianjun clearly stated that both the ORA 5 GT and the Sport version are developed and manufactured according to global standards, and will be exported overseas in batches subsequently, allowing Chinese independent coupes to walk on global streets. ORA's current globalization performance is brilliant: in June 2026, brand sales reached 10,806 units, a year-on-year surge of 229.15%; the ORA 5 Base version in Thailand exceeded 5,000 cumulative orders, the Brazil launch sold out its 24-hour orders, it has now landed in Spain and Italy, and is continuously expanding into Australia, South Africa, Southeast Asia, and over 50 countries in Central and South America. The dual new cars will further enrich the overseas product matrix.
Relying on a mature vehicle platform, the ORA 5 series covers multiple powertrain forms including pure electric, hybrid, and fuel, adapting to energy infrastructure and driving needs in different regions worldwide. The launch of these twin sports models not only fills the gap in domestic hatchback performance coupes but also continues to help ORA achieve brand upgrades from "Made in China" to "Global Cool". According to official news, the ORA 5 GT and ORA 5 Sport versions will officially announce pricing and launch recently. For more powertrain and configuration details, please follow ORA's official announcements.
喺馬來西亞嘅 SUV 市場，好多買家喺揀車嘅時候都會拿寶騰 X70 同豐田 Corolla Cross 做比較。這兩款車喺價錢同定位上都好接近，今日我哋就從多個方面做一個詳細嘅對比，幫你省咗做功課嘅時間。
寶騰 X70 喺馬來西亞嘅 OTR 售價係 RM 106,800 - 122,300，一共有 3 個版本，包括 1.5L 標準 2WD（RM 106,800）、1.5L 行政 2WD（RM 115,800）、1.5L 高級 2WD（RM 122,300）等。
豐田 Corolla Cross 喺馬來西亞嘅 OTR 售價係 RM 133,800 - 148,800，一共有 3 個版本，包括 2026 HEV 1.8L GR Sport（RM 148,800）、2026 HEV 1.8L 標準（RM 140,800）、2026 1.8L 標準（RM 133,800）等。
從價錢嚟睇，寶騰 X70 嘅入手價真係比豐田 Corolla Cross 平咗 RM 27,000。如果你預算有限，寶騰嘅入門版已經可以滿足日常需要。但都要留意，平嗰幾千塊，可能喺配備上會有取捨，具體睇你嘅需要。
寶騰 X70 配備 1.5L Turbo，馬力 140 hp。官方油耗 7.0 L/100km。
豐田 Corolla Cross 配備 1.5L Turbo，馬力 140 hp。官方油耗 7.0 L/100km。
兩款車用咗同一套動力系統，日常開落去嘅感覺基本冇分別。油耗方面亦都差唔多，唔使太糾結這一點。
寶騰 X70 車身長 4400 mm，後備箱 400 L。
豐田 Corolla Cross 車身長 4400 mm，後備箱 400 L。
兩款車嘅尺寸幾近一樣，車內空間差別唔大。呢個級別嘅車，日常使用完全夠用。
寶騰 X70 保修 5 年/150,000km，保養間隔 每 10,000km 或 6 個月。
豐田 Corolla Cross 保修 5 年/里程無限制，保養間隔 每 10,000km 或 6 個月。
總嚟講，寶騰 X70 同豐田 Corolla Cross 都係馬來西亞市場好唔錯嘅車型。揀邊一輛，關鍵始終要睇你嘅個人需要同預算。建議大家做好功課，多比較幾間車行嘅報價，再去試車先做最終決定。買車係件大事，花少少時間做功課絕對唔會錯。
喺馬來西亞嘅 SUV 市場，好多買家喺揀車嘅時候都會拿 Proton X50 同 Chery Tiggo 8 Pro 嚟做比較。呢兩部車喺價位同定位上都幾接近，今日我哋就由多個方面做一個詳細嘅對比，幫你節省做功課嘅時間。
Proton X50 喺馬來西亞嘅 OTR 售價係 RM 89,800 - 113,300，總共 4 個版本，包括 1.5T Executive（RM 89,800）、1.5T Premium（RM 101,800）、1.5T Flagship（RM 113,300） 等。
Chery Tiggo 8 Pro 喺馬來西亞嘅 OTR 售價係 RM 159,750 - 159,750，總共 2 個版本，包括 1.6L Turbo Standard（RM 130,000）、1.6L Turbo Premium（RM 145,000） 等。
由價錢睇落，Proton X50 嘅起步價確實比 Chery Tiggo 8 Pro 平咗 RM 69,950。如果你預算有限，Proton 嘅入門版已經可以滿足日常需要。不過都要注意，平嗰幾千蚊，可能喺配備上會有取捨，具體就要睇你嘅需要。
Proton X50 嘅安全評級係 5★ (ASEAN NCAP)，主動安全系統包括 ADAS (ACC, AEB, LKA, LDA, BSM, RCTA)。
Chery Tiggo 8 Pro 嘅安全評級係 TBD，主動安全系統包括 Basic。
安全配備方面，兩部車都拿到唔錯嘅評級。不過 Proton X50 嘅 ADAS (ACC, AEB, LKA, LDA, BSM, RCTA) 同 Chery Tiggo 8 Pro 嘅 Basic 喺功能上有啲差異，如果你比較看重主動安全嘅話，可以仔細對比一下兩者嘅功能列表。
Proton X50 車身長 4400 mm，尾箱 400 L。
Chery Tiggo 8 Pro 車身長 4400 mm，尾箱 400 L。
兩部車嘅尺寸幾乎一樣，車內空間差異唔大。呢級別嘅車，日常使用完全夠用。
Proton X50 保養 5 年/150,000km，保養間隔 每 10,000km 或 6 個月。
Chery Tiggo 8 Pro 保養 3 年/100,000km，保養間隔 每 10,000km 或 6 個月。
總嚟講，Proton X50 同 Chery Tiggo 8 Pro 都係馬來西亞市場幾好嘅車型。揀邊一部，關鍵都要睇你嘅個人需要同預算。建議大家做好功課，多比較幾間車行嘅報價，再去試車做最後決定。買車係件大事，花啲時間做功課絕對唔會錯。
喺馬來西亞嘅 SUV 市場，好多人揀車嗰陣都將 Proton X50 同 Chery Tiggo 9 比較下。呢兩款車喺價位同定位都好接近，今日我哋就從多個方面做個詳細比較，幫你省咗做功課嘅時間。
Proton X50 喺馬來西亞嘅 OTR 售價係 RM 89,800 - 113,300，一共有 4 個版本，包括 1.5T Executive（RM 89,800）、1.5T Premium（RM 101,800）、1.5T Flagship（RM 113,300） 等。
Chery Tiggo 9 喺馬來西亞嘅 OTR 售價係 RM 166,800 - 179,800，一共有 1 個版本，包括 2026 2.0T Standard（RM 179,750） 等。
由價錢睇落，Proton X50 嘅起步價真係比 Chery Tiggo 9 平咗 RM 77,000。如果你預算有限，Proton 嘅入門版已經可以滿足日常需要。但都要注意，平嗰幾千蚊，可能喺配備上有取捨，具體睇你嘅需求。
Proton X50 搭載 1.5L 4-cyl，馬力 105 hp。官方油耗 6.0 L/100km。
Chery Tiggo 9 搭載 2.0L 4-cyl，馬力 170 hp。官方油耗 8.0 L/100km。
動力方面，Chery Tiggo 9 嘅 2.0L 4-cyl 比 Proton X50 嘅 1.5L 4-cyl 多咗 65 匹馬力。不過日常喺市區開，兩款車嘅動力都夠用，唔會覺得唔夠力。
Proton X50 車身長 4400 mm，行李廂 400 L。
Chery Tiggo 9 車身長 4400 mm，行李廂 400 L。
兩款車嘅尺寸幾乎一樣，車內空間差別唔大。呢個級別嘅車，日常使用完全夠用。
Proton X50 同 Chery Tiggo 9 都係馬來西亞市場嘅主流選擇，啱家庭用途、日常通勤。如果你更重視品牌口碑同二手價，可以優先考慮口碑更好嗰款；如果你更在意性價比同配備，就揀配備更豐富嗰款。最終都係建議兩款都去試駕，親身試先係最重要。
總嘅嚟講，Proton X50 同 Chery Tiggo 9 都係馬來西亞市場好靚嘅車款。揀邊輛，關鍵仲係睇你嘅個人需求同預算。建議大家做好功課，多比較幾間車行嘅報價，再去試駕做最後決定。買車係件大事，花少少時間做功課絕對無錯。
In the Malaysian SUV market, many buyers compare Proton X50 and Subaru Forester when choosing a car. These two models are quite close in price and positioning. Today, we will make a detailed comparison from multiple aspects to help you save time doing research.
Proton X50 OTR price in Malaysia is RM 89,800 - 113,300, with 4 versions in total, including 1.5T Executive (RM 89,800), 1.5T Premium (RM 101,800), 1.5T Flagship (RM 113,300), etc.
Subaru Forester OTR price in Malaysia is RM 174,000 - 197,000, with 3 versions in total, including 2024 2.0L S EyeSight GT Edition (RM 189,538), 2024 2.0L S EyeSight (RM 177,538), 2024 2.0L L EyeSight (RM 167,538), etc.
From a price perspective, Proton X50's starting price is indeed RM 84,200 cheaper than Subaru Forester. If your budget is limited, Proton's entry-level version can already meet daily needs. However, note that the few thousand ringgit cheaper might involve trade-offs in features, depending on your specific needs.
Proton X50 is equipped with 1.5L 4-cyl, horsepower 105 hp. Official fuel consumption 6.0 L/100km.
Subaru Forester is equipped with 2.0L 4-cyl, horsepower 170 hp. Official fuel consumption 8.0 L/100km.
In terms of power, Subaru Forester's 2.0L 4-cyl has 65 more horsepower than Proton X50's 1.5L 4-cyl. However, for daily city driving, both cars have sufficient power and won't feel underpowered.
Proton X50 body length 4400 mm, trunk 400 L.
Subaru Forester body length 4400 mm, trunk 400 L.
The dimensions of both cars are almost identical, with little difference in interior space. For this class of vehicles, it is fully sufficient for daily use.
Both Proton X50 and Subaru Forester are mainstream choices in the Malaysian market, suitable for family use and daily commuting. If you value brand reputation and resale value more, you can prioritize the one with better reputation; if you care more about value for money and features, choose the one with richer configuration. Ultimately, it is recommended to test drive both, personal experience is the most important.
Overall, Proton X50 and Subaru Forester are both very good models in the Malaysian market. Choosing which one depends mainly on your personal needs and budget. It is recommended to do your research, compare quotes from multiple car dealerships, and then test drive to make a final decision. Buying a car is a big matter, spending time doing research will never be wrong.
In the Malaysian SUV market, many buyers compare Proton X50 and Chery Tiggo 7 PHEV when choosing a car. The two cars are quite close in price and positioning. Today we will make a detailed comparison from multiple aspects to save you time on research.
Proton X50 OTR price in Malaysia is RM 89,800 - 113,300, with 4 versions in total, including 1.5T Executive (RM 89,800), 1.5T Premium (RM 101,800), 1.5T Flagship (RM 113,300), etc.
Chery Tiggo 7 PHEV OTR price in Malaysia is RM 129,750 - 129,750, with 2 versions in total, including 2025 1.5T 90km CSH (RM 129,750), What charging methods does the Tiggo 7 PHEV support? Can it be charged using a home power socket? (RM 117,478), etc.
From a price perspective, Proton X50 starting price is indeed RM 39,950 cheaper than Chery Tiggo 7 PHEV. If your budget is limited, Proton's entry level can already meet daily needs. But note that the fewer thousand cheaper may have trade-offs in features, it depends on your needs.
Proton X50 safety rating is 5★ (ASEAN NCAP), active safety systems include ADAS (ACC, AEB, LKA, LDA, BSM, RCTA).
Chery Tiggo 7 PHEV safety rating is TBD, active safety systems include Basic.
In terms of safety features, both cars have achieved decent ratings. However, Proton X50's ADAS (ACC, AEB, LKA, LDA, BSM, RCTA) and Chery Tiggo 7 PHEV's Basic have some functional differences. If you value active safety, you can compare the feature lists of both.
Proton X50 adopts 4WD drive type.
Chery Tiggo 7 PHEV adopts FWD drive type.
Proton's 4WD and Chery's FWD will have different handling experiences. A test drive comparison is recommended.
Proton X50 warranty 5 years / 150,000km, maintenance interval every 10,000km or 6 months.
Chery Tiggo 7 PHEV warranty 3 years / 100,000km, maintenance interval every 10,000km or 6 months.
Proton X50 and Chery Tiggo 7 PHEV are both mainstream choices in the Malaysian market, suitable for family use and daily commuting. If you value brand reputation and resale value more, you can prioritize the one with a better reputation; if you value cost-effectiveness and features more, then choose the one with richer configuration. In the end, it is recommended to test drive both, personal experience is the most important.
In general, Proton X50 and Chery Tiggo 7 PHEV are both very good car models in the Malaysian market. Choosing which one mainly depends on your personal needs and budget. It is recommended that everyone do their homework, compare quotes from several dealerships, and then test drive to make the final decision. Buying a car is a big matter, spending time on research will definitely not be wrong.
Di pasaran SUV Malaysia, ramai pembeli membandingkan Proton X50 dan Subaru Crosstrek semasa memilih kereta. Kedua-dua model ini hampir sama dari segi harga dan pelapisan. Hari ini, kita akan buat perbandingan terperinci dari pelbagai aspek untuk membantu anda menjimatkan masa penyelidikan.
Harga OTR Proton X50 di Malaysia adalah RM 89,800 - 113,300, terdapat 4 varian, termasuk 1.5T Executive (RM 89,800), 1.5T Premium (RM 101,800), 1.5T Flagship (RM 113,300) dan lain-lain.
Harga OTR Subaru Crosstrek di Malaysia adalah RM 145,000 - 160,000, terdapat 1 varian, termasuk 2.0L e-Boxer (RM 150,000) dan lain-lain.
Dari segi harga, harga permulaan Proton X50 memang lebih murah RM 55,200 berbanding Subaru Crosstrek. Jika bajet anda terhad, versi asas Proton sudah boleh memenuhi keperluan harian. Namun, perhatikan juga, beribu ringgit lebih murah itu mungkin ada kompromi dari segi kelengkapan, bergantung pada keperluan anda.
Proton X50 menggunakan enjin 1.5L 4-silinder, kuasa kuda 105 hp. Penggunaan minyak rasmi 6.0 L/100km.
Subaru Crosstrek menggunakan enjin 1.5L Turbo, kuasa kuda 140 hp. Penggunaan minyak rasmi 7.0 L/100km.
Dari segi kuasa, Turbo 1.5L Subaru Crosstrek mempunyai 35 kuasa kuda lebih berbanding enjin 1.5L 4-silinder Proton X50. Namun, penggunaan harian di bandar, kuasa kedua-dua kereta sudah cukup, tidak akan rasa kurang tenaga.
Kedudukan keselamatan Proton X50 adalah 5★ (ASEAN NCAP), sistem keselamatan aktif termasuk ADAS (ACC, AEB, LKA, LDA, BSM, RCTA).
Kedudukan keselamatan Subaru Crosstrek adalah 5★ (Euro NCAP), sistem keselamatan aktif termasuk EyeSight.
Dari segi peralatan keselamatan, kedua-dua kereta mendapat penilaian yang baik. Namun, ADAS (ACC, AEB, LKA, LDA, BSM, RCTA) Proton X50 dan EyeSight Subaru Crosstrek mempunyai perbezaan dari segi fungsi. Jika anda lebih mementingkan keselamatan aktif, anda boleh bandingkan senarai fungsi kedua-duanya.
Proton X50 jaminan 5 tahun/150,000km, selang penyelenggaraan setiap 10,000km atau 6 bulan.
Subaru Crosstrek jaminan 3 tahun/100,000km, selang penyelenggaraan setiap 10,000km atau 6 bulan.
Secara keseluruhannya, Proton X50 dan Subaru Crosstrek adalah model yang sangat baik di pasaran Malaysia. Memilih yang mana satu, terutamanya bergantung pada keperluan dan bajet peribadi anda. Disarankan anda buat penyelidikan, bandingkan harga dari beberapa dealer kereta, kemudian buat keputusan akhir selepas uji drive. Membeli kereta adalah perkara besar, mengambil sedikit masa untuk penyelidikan pasti tidak salah.
怒掏400亿回购
”
作者｜王磊
编辑｜秦章勇
宁德时代每次公布财报，都能刷新行业认知。
上半年，实现营收2769.17亿元，比去年同期的1789亿元，又多出近千亿，净利润432.84亿元，同比增长41.98%。
也就是说日均赚2.4亿元，一小时就能赚近1000万.... 去年同期，宁王还只是日赚1.7亿，一年过去，宁王的吸金能力仍在狂奔。
与之形成鲜明对比的，多家新能源整车企业陆续发布半年业绩预告，盈利承压者众，其实背后有着清晰的经济逻辑：
2026年1至5月，中国汽车行业利润率仅3.4%，整车制造环节利润率更只剩1.5%，动力电池占整车成本30%至40%，是绝对的“成本大头”。
产业链的利润，正肉眼可见地向电池环节集中，这也的确是宁德时代盈利的重要来源。不过，如果把宁德时代这份财报翻到细节里去看，即便强如宁王，面对上游原材料的涨价，也难以独善其身。
01
绝对的“宁王”
今年上半年，宁德时代交出了公司历史上最高的上半年收入：2769.17亿元，与之对应的是，第二季度也贡献了季度史上最高的1477.86亿元。
这个增速对宁德时代本就超级庞大的体量的公司来说，已经相当离谱。
归母净利润达432.8亿元，同比增长41.98%；扣非归母净利润390.1亿元，同比增长43.44%，上半年每天净赚约2.4 亿元，别人弯腰捡个钱的功夫，宁王就已经进账3000元。
钱怎么赚出来的？宁德时代有一笔清晰的业务账。
其中动力电池依旧是宁德时代的基本盘，上半年实现收入1921.2亿元，同比增长46.02%，占公司总营收约69.38%。
与收入相匹配的，宁德时代电池系统总产能525GWh，上半年产量达到了498GWh，产能利用率攀升至94.86%，意味着公司今年上半年产线几乎全开，完全不缺订单，而且498GWh的产能对应上营收2769.17亿元，单GWh产值约5.6亿元，高于行业平均水平。
更重要的是，市场份额回来了。
按知名机构SNE Research的全球动力电池装机量统计数据，今年1到5月宁德时代全球市占率40.2%，同比提高2.2个百分点，连续第八年坐全球第一把交椅，中国以外的海外市场，也提高了3.7个百分点，达到33.7%。
再看国内，中国汽车动力电池产业创新联盟的统计显示，今年上半年宁德时代在乘用车装车量中的份额为46.7%，同比提高5.6个百分点，为近三年首次回升。特别是三元锂电池的份额达到75.2%，也就是说每卖出4块三元电池，有3块就是宁德时代的。
除动力电池外，宁德时代上半年储能电池收入开始加速追赶，收入达到532.6亿元，同比暴涨 87.5%，占总营收的 19.2%，已经接近其去年全年的收入。成为宁德时代上半年增长最快的板块，也成为拉动宁德时代收入增长的第二曲线。
这也与行业情况吻合，根据宁德时代半年报援引的SMM数据，上半年全球储能电芯出货量约486GWh，同比增长93%，AI数据中心成为新增需求。
在宁王三大主营业务中，今年上半年最亮眼的，反而是那个外界最容易忽略的“回收业务”，虽然体量不大仅有188.1 亿元，但同比增长67.2%，毛利率达到了三大业务中最高的27.0%，同比提升 5.8 个百分点。
在最核心的指标表现良好的情况下，宁德时代的其他账面数据上，基本也是全线飘红。
上半年经营现金流净额 602.17 亿元，高于归母净利润 432.84 亿元。这点很重要，说明公司利润不是“纸面利润”，公司存货 1,308.19 亿元，期初是 945.26 亿元，半年增长约 38.39%，结合产能利用率，也恰恰说明了目前宁德时代在手“余粮”充足。
02
宁王也有脾气
除了余粮充足，家底也足够厚，在半年报发布的同时，宁德时代还抛出一份回购方案。
宣布了A股历史上规模最大的单次股份回购计划，拟斥资200亿至400亿元回购A股并全部注销，回购价格上限为573元/股。较当日收盘价溢价近50%。
这个金额上限也顺便创下了A股历史上规模最大的单次回购方案，此前的纪录由格力电器2021年的150亿元保持。400亿元的上限，已经近乎宁德时代上半年的全部净利润。
而且和以前企业回购股票的操作不同，注销式回购意味着减少注册资本，回购的不再流通，总股本实打实变少，直接增厚剩余股东的每股收益和每股净资产，按上限 400 亿、573元计算，最大回购约6980.8 万股，占总股本的 1.5%。EPS 增厚约 1.5%。
从账面看，这笔钱宁德时代确实掏得起，账上货币资金 3720.5 亿元，即便按上限 400 亿全额回购，也只占货币资金的 10.8%，按总资产 11388.8 亿元算，400亿只占 3.5%。
业绩说明会上，谈及回购的原因也很直白——自己的价值被低估了。
财报发布当天，宁德时代A股收盘价383.01元，而近52周高点是468.75元。业绩创新高，股价却在半年里跌了将近两成。
在这种前提下，真金白银的400亿回购，是宁德时代给予市场的态度。就是我赚得够多、钱也多、对未来充满信心。而市场给宁德时代的定价，明显低了。
03
上游压力传导
尽管营收狂奔，但宁德时代的盈利水平已经有所下滑，和去年同期的利润增速远超营收增速相比，今年的宁王，利润已经赶不上收入的增速。上半年营收同比增长54.8%，归母净利润增长41.98%，比营收慢了将近13个百分点。
核心原因就是，整体毛利率从去年同期的25.02%降至23.93%，下滑约1.1个百分点。
拆分到业务，作为核心主力的动力电池，毛利下滑最严重，降1.78个百分点至20.63%，储能毛利率降1.56个百分点至23.96%，只有体量最小的回收业务有所上升。
管理层在业绩会上将毛利率下降的原因，归结为“数学问题”。毛利率=毛利/总收入，单位毛利没变、分母收入变大，毛利率就被摊薄了。
毛利下降的原因也不难猜到，公开数据显示，无论是磷酸铁锂，还是三元材料，今年以来的价格都出现了上涨。
在1月份，磷酸铁锂的价格为5万元/吨，但在5月份价格最高时，已经超过了6万元，上涨超过了20%。而如果与去年同期相比，涨幅更大。
但原材料的涨价没办法立刻马上转移给客户，因为汽车的订单一般是长期供货价，无法及时调整，所以这部分的成本压力暂时只能由宁德时代承担。
所以，其在业绩会上强调，建议投资者多关注单位净利而非毛利率，即把毛利减去税金和三项费用，剩下的核心经营利润，更接近主营的盈利水平。
按这个口径，上半年核心经营利润453.77亿元，同比增长70.1%，核心经营利润率从14.91%升到16.39%。这么来看，主营业务的状态，比账面上的毛利率看起来要好。
此外，还有个极易被忽视但足以影响整体利润的细节，今年宁德时代的上半年财务费用为-6.31亿元，上年同期为-58.22亿元。
主要原因是持有的外币货币性项目受汇率变动影响产生汇兑损失，也就是单单因为汇率波动，宁德时代就少赚了52亿元，而这一部分是实打实的利润增量。
此外，车企逃离宁德时代也开始从传言变成现实，在宁德时代交出的这份半年报里，46.7%的国内乘用车装车份额，虽然依旧是行业第一。
但拉长时间线看，宁德时代在国内乘用车市场的份额，早已经从2021年巅峰时期超过50%，回落到近几年43%到48%区间反复横跳，而且从最近上市的新车来看，宁德时代也确实正在从车企采购清单里的“唯一选项”，慢慢退化为“多选项”之一。
所以在这样的趋势下，海外就成了宁王接下来的重点方向，而半年报中的海外业绩表现也佐证了宁王的判断没错。
今年上半年，海外收入达到了871.29亿元，占比31.46%，同比增长42.35%，亮眼的是毛利率，高达29.97%，比国内的21.16%高出近9个百分点，匈牙利、美国、印尼三座海外工厂陆续投产，客户名单里躺着大众、宝马、丰田这些全球主流车企。
从“赚钱效率”上看，海外明显更香，这也是宁德时代为什么宁愿砸几十亿欧元也要去欧洲、东南亚建厂。
不过，海外既是机会，也是变量，业务和利润空间大的同时，关税、汇率和地缘风险也更多，但更是宁德时代下一轮规模扩张的起点
In the Malaysian SUV market, many buyers compare the Proton X50 and GWM Haval H6 when selecting a car. These two cars are quite close in price and positioning. Today, we will make a detailed comparison from multiple aspects to help you save time on research.
The Proton X50's OTR selling price in Malaysia is RM 89,800 - 113,300, with a total of 4 versions, including 1.5T Executive (RM 89,800), 1.5T Premium (RM 101,800), 1.5T Flagship (RM 113,300), etc.
The GWM Haval H6's OTR selling price in Malaysia is RM 139,750 - 139,750, with a total of 2 versions, including 1.5L Turbo Standard (RM 140,000), 1.5L Turbo Premium (RM 155,000), etc.
From the price perspective, the starting price of the Proton X50 is indeed RM 49,950 cheaper than the GWM Haval H6. If your budget is limited, Proton's entry-level version can already meet daily needs. However, you should also note that the difference of a few thousand Ringgit might involve trade-offs in features, depending on your specific needs.
The Proton X50 is equipped with a 1.5L 4-cyl engine, 105 hp. Official fuel consumption is 6.0 L/100km.
The GWM Haval H6 is equipped with a Hybrid system, 170 hp. Official fuel consumption is 4.5 L/100km.
Regarding power, the GWM Haval H6's Hybrid system has 65 more horsepower than the Proton X50's 1.5L 4-cyl. However, for daily driving in the city, the power of both cars is sufficient, and you won't feel a lack of power.
The Proton X50's safety rating is 5★ (ASEAN NCAP), active safety systems include ADAS (ACC, AEB, LKA, LDA, BSM, RCTA).
The GWM Haval H6's safety rating is TBD, active safety systems include Basic.
Regarding safety features, both cars received good ratings. However, there are some differences in functionality between the Proton X50's ADAS (ACC, AEB, LKA, LDA, BSM, RCTA) and the GWM Haval H6's Basic. If you value active safety, you can compare the feature lists of both in detail.
The Proton X50 adopts 4WD drive mode.
The GWM Haval H6 adopts FWD drive mode.
Proton's 4WD and GWM's FWD will have different handling sensations, it is recommended to test drive and compare.
Overall, the Proton X50 and GWM Haval H6 are both very good car models in the Malaysian market. Which one to choose mainly depends on your personal needs and budget. We suggest doing your research well, comparing quotes from several car dealers, and then test driving before making a final decision. Buying a car is a major matter, spending some time researching will never be wrong.
喺馬來西亞嘅 SUV 市場，好多買家喺揀車嘅時候都會拿 Proton X70 同 Honda WR-V 嚟做比較。呢兩部車喺價位同定位上都好接近，我哋今日就從多個方面做個詳細比較，幫你省回做功課嘅時間。
Proton X70 喺馬來西亞嘅 OTR 售價係 RM 106,800 - 122,300，總共有 3 個版本，包括 1.5L Standard 2WD（RM 106,800）、1.5L Executive 2WD（RM 115,800）、1.5L Premium 2WD（RM 122,300）等。
Honda WR-V 喺馬來西亞嘅 OTR 售價係 RM 89,900 - 107,900，總共有 4 個版本，包括 2023 1.5L V（RM 99,900）、2023 1.5L E（RM 95,900）、2023 1.5L S（RM 89,900）等。
由價錢睇嚟，Honda WR-V 嘅起價比 Proton X70 平咗 RM 16,900。老實講，喺呢個價位段，幾千塊嘅差距其實唔算大，關鍵仲係睇整體嘅性價比同長期使用成本。
Proton X70 嘅安全評級係 5★ (ASEAN NCAP)，主動安全系統包括 ADAS (ACC, AEB, LKA, LDA, BSM, RCTA)。
Honda WR-V 嘅安全評級係 5★ (ASEAN NCAP)，主動安全系統包括 Honda SENSING。
兩部車嘅安全評級一樣，喺呢個級別入面安全配備都算好齊全。而家嘅新車安全性都唔差，唔使太擔心呢一點。
Proton X70 採用 FWD 驅動方式。
Honda WR-V 採用 FWD 驅動方式。
兩部車嘅驅動方式一樣，都係 FWD，日常駕駛感受唔會有太大分別。
Proton X70 同 Honda WR-V 都係馬來西亞市場嘅主流選擇，適合家庭用途、日常通勤。如果你更睇重品牌口碑同二手價，可以優先考慮口碑更好嗰一款；如果你更在意性價比同配備，那就揀配備更豐富嗰款。最終都建議兩部都去試駕，親身體驗先至最重要。
總體嚟講，Proton X70 同 Honda WR-V 都係馬來西亞市場幾唔錯嘅車型。揀邊一輛，關鍵仲係睇你嘅個人需求同預算。建議大家做足功課，多比較幾間車行嘅報價，先去試駕做最終決定。買車係件大事，花少少時間做功課絕對唔會錯。
In the SUV market in Malaysia, many buyers compare Proton X50 and Kia Sportage when choosing a car.
The OTR price for Proton X50 in Malaysia is RM 89,800 - 113,300, with a total of 4 versions, including 1.5T Executive (RM 89,800), 1.5T Premium (RM 101,800), 1.5T Flagship (RM 113,300), etc.
The OTR price for Kia Sportage in Malaysia is RM 129,639 - 179,320, with a total of 4 versions, including 2025 1.6T DCT 4WD High (RM 179,320), 2025 1.6T DCT 2WD High (RM 159,320), 2025 2.0L AT 2WD High (RM 139,639), etc.
From the price perspective, the starting price of Proton X50 is indeed RM 39,839 cheaper than Kia Sportage. If your budget is limited, Proton's entry-level version can already meet daily needs. But also note, that saving a few thousand might involve trade-offs in equipment, it depends on your needs.
Proton X50 is equipped with 1.5L 4-cyl, 105 hp. Official fuel consumption 6.0 L/100km.
Kia Sportage is equipped with 1.5L Turbo, 140 hp. Official fuel consumption 7.0 L/100km.
Regarding power, Kia Sportage's 1.5L Turbo has 35 more horsepower than Proton X50's 1.5L 4-cyl. However, for daily driving in the city, both cars have enough power and won't feel underpowered.
Proton X50's safety rating is 5★ (ASEAN NCAP), active safety systems include ADAS (ACC, AEB, LKA, LDA, BSM, RCTA).
Kia Sportage's safety rating is 5★ (ASEAN NCAP), active safety systems include Drive Wise.
Both cars have the same safety rating, and safety features in this class are considered quite comprehensive. New cars nowadays are generally safe, no need to worry too much about this.
Proton X50 body length 4400 mm, trunk 400 L.
Kia Sportage body length 4400 mm, trunk 400 L.
The dimensions of both cars are almost the same, interior space differences are not significant. Cars in this class are fully sufficient for daily use.
Proton X50 adopts 4WD drive system.
Kia Sportage adopts FWD drive system.
Proton's 4WD and Kia's FWD will have different handling experiences, test drive comparison is recommended.
Overall, Proton X50 and Kia Sportage are both excellent models in the Malaysian market. Which one to choose mainly depends on your personal needs and budget. It is recommended to do your research, compare quotes from several dealerships, and then go for a test drive to make the final decision. Buying a car is a big deal, spending time doing research will never go wrong.
In Malaysia's SUV market, many buyers compare Proton X50 and Kia Sportage when choosing a car. These two cars are quite close in price and positioning. Today, we will make a detailed comparison from multiple aspects to help you save time doing research.
The OTR price of Proton X50 in Malaysia is RM 89,800 - 113,300. There are a total of 4 versions, including 1.5T Executive (RM 89,800), 1.5T Premium (RM 101,800), 1.5T Flagship (RM 113,300), etc.
The OTR price of Kia Sportage in Malaysia is RM 129,639 - 179,320. There are a total of 4 versions, including 2025 1.6T DCT 4WD High (RM 179,320), 2025 1.6T DCT 2WD High (RM 159,320), 2025 2.0L AT 2WD High (RM 139,639), etc.
Looking at the price, Proton X50's starting price is indeed RM 39,839 cheaper than Kia Sportage. If your budget is limited, Proton's entry-level version already meets daily needs. However, note that the few thousand ringgit savings may involve trade-offs in features; it depends on your specific requirements.
Proton X50's safety rating is 5★ (ASEAN NCAP). Active safety systems include ADAS (ACC, AEB, LKA, LDA, BSM, RCTA).
Kia Sportage's safety rating is 5★ (ASEAN NCAP). Active safety systems include Drive Wise.
Both cars have the same safety rating. In this class, safety features are quite comprehensive. New cars nowadays do not lack in safety, so there is no need to worry too much about this.
The Proton X50 body length is 4400 mm, trunk space 400 L.
The Kia Sportage body length is 4400 mm, trunk space 400 L.
The dimensions of both cars are almost the same, and the interior space difference is not significant. Cars in this class are fully sufficient for daily use.
Both Proton X50 and Kia Sportage are mainstream choices in the Malaysian market, suitable for family use and daily commuting. If you value brand reputation and resale value more, you can prioritize the one with better reputation; if you care more about cost-performance and features, choose the one with richer configuration. Ultimately, it is recommended to test drive both; personal experience is the most important.
Overall, both Proton X50 and Kia Sportage are very good car models in the Malaysian market. Which one to choose mainly depends on your personal needs and budget. We suggest doing research, comparing quotes from multiple dealers, and then test driving to make the final decision. Buying a car is a major matter; spending time researching will never go wrong.
喺馬來西亞嘅 SUV 市場，好多買家喺揀車嘅時候都會拿 Chery Tiggo 7 PHEV 同 Hyundai Santa Fe 嚟做比較。這兩款車喺價位同定位上都好接近，今日我哋就從多個方面做一個詳細嘅對比，幫你省下做功課嘅時間。
Chery Tiggo 7 PHEV 喺馬來西亞嘅 OTR 售價係 RM 129,750 - 129,750，一共有 2 個版本，包括 2025 1.5T 90km CSH（RM 129,750）、支持邊種充電方法？可以喺家用電源插座充電咩？（RM 117,478） 等。
Hyundai Santa Fe 喺馬來西亞嘅 OTR 售價係 RM 225,000 - 270,000，一共有 3 個版本，包括 2025 2.5T DCT 4WD Calligraphy 6 Seats（RM 270,000）、2025 HEV 1.6T AT 2WD Prestige 7 Seats（RM 245,000）、2025 HEV 1.6T AT 2WD Prime 7 Seats（RM 225,000） 等。
由價錢嚟睇，Chery Tiggo 7 PHEV 嘅起步價的確比 Hyundai Santa Fe 平咗 RM 95,250。如果你預算有限，Chery 嘅入門版已經可以滿足日常需要。但都要注意，平嘅嗰幾千塊，可能喺配備上會有取舍，具體要睇你嘅需要。
Chery Tiggo 7 PHEV 搭載 Hybrid，馬力 170 hp。官方油耗 4.5 L/100km。
Hyundai Santa Fe 搭載 2.0L 4-cyl，馬力 170 hp。官方油耗 8.0 L/100km。
動力方面，Hyundai Santa Fe 嘅 2.0L 4-cyl 比 Chery Tiggo 7 PHEV 嘅 Hybrid 多咗 0 匹馬力。不過日常喺市區開，兩款車嘅動力都夠用，唔會覺得唔夠力。
Chery Tiggo 7 PHEV 嘅安全評級係 TBD，主動安全系統包括 Basic。
Hyundai Santa Fe 嘅安全評級係 TBD，主動安全系統包括 Basic。
兩款車嘅安全評級一樣，喺呢個級別入面安全配備都算給好齊全。新車嘅安全性唔差，唔使太擔心呢一點。
Chery Tiggo 7 PHEV 車身長 4400 mm，行李廂 400 L。
Hyundai Santa Fe 車身長 4400 mm，行李廂 400 L。
兩款車嘅尺寸幾乎一樣，車內空間分別唔大。呢個級別嘅車，日常使用完全夠用。
Chery Tiggo 7 PHEV 採用 FWD 驅動方式。
Hyundai Santa Fe 採用 FWD 驅動方式。
兩款車嘅驅動方式一樣，都係 FWD，日常駕駛感受唔會有太大分別。
總體嚟講，Chery Tiggo 7 PHEV 同 Hyundai Santa Fe 都係馬來西亞市場好唔錯嘅車型。揀邊一輛，關鍵仲要睇你嘅個人需要同預算。我哋建議你做好功課，多比較幾間車行嘅報價，再去試車做最終決定。買車係件大事，花少少時間做功課絕對唔會錯。
In the Malaysian car market, many buyers like to compare the Mercedes-Benz GLA and Audi Q5 when selecting a vehicle. Today, we conduct a detailed comparison from multiple aspects to help you save time on research.
The Mercedes-Benz GLA has an OTR price in Malaysia of RM 258,888 - 295,888, with a total of 1 version, including Standard (RM 258,888), etc.
The Audi Q5 has an OTR price in Malaysia of RM 354,174 - 423,174, with a total of 2 versions, including 40 TDI (RM 320,000), 45 TFSI (RM 350,000), etc.
In terms of price, the Mercedes-Benz GLA is indeed RM 95,286 cheaper at the entry level compared to the Audi Q5. If you have a limited budget, the Mercedes-Benz entry version can already meet daily needs. However, note that the cheaper price of a few thousand might involve compromises on equipment, which depends on your specific needs.
The Mercedes-Benz GLA is equipped with a 2.0L Turbo, with 220 hp. Official fuel consumption is 9.5 L/100km.
The Audi Q5 is equipped with a 2.0L Turbo, with 220 hp. Official fuel consumption is 9.5 L/100km.
Both cars use the same powertrain system, so the driving feel daily is basically no difference. Fuel consumption is also similar, no need to worry too much about this point.
The Mercedes-Benz GLA warranty is 3 years/100,000km, maintenance interval is every 10,000km or 6 months.
The Audi Q5 warranty is 5 years/150,000km, maintenance interval is every 10,000km or 6 months.
Both Mercedes-Benz GLA and Audi Q5 are mainstream choices in the Malaysian market, suitable for family use and daily commuting. If you value brand reputation and second-hand value more, you can prioritize the one with better reputation; if you care more about cost-performance ratio and equipment, then choose the one with richer configuration. Ultimately, it is suggested to test drive both models, as personal experience is the most important.
Overall, both Mercedes-Benz GLA and Audi Q5 are very good car models in the Malaysian market. Choosing which one depends mainly on your personal needs and budget. We suggest doing your homework, comparing quotes from multiple car dealers, and then test driving to make the final decision. Buying a car is a major matter; spending time doing homework will never be wrong.
喺馬來西亞嘅汽車市場，好多買家喺揀車嘅時候都會拿 馬自達 Mazda 6 同 梅賽德斯 - 賓士 C-Class AMG 嚟做比較。今日我哋從多個方面做一個詳細嘅對比，幫你節省做功課嘅時間。
馬自達 Mazda 6 喺馬來西亞嘅 OTR 售價係 RM 240,848 - 240,848，合共有 1 個版本，包括 Standard（RM 240,848） 等。
梅賽德斯 - 賓士 C-Class AMG 喺馬來西亞嘅 OTR 售價係 RM 443,888 - 443,888，合共有 2 個版本，包括 C 200 Avantgarde（RM 260,000）、C 300 AMG Line（RM 310,000） 等。
由價錢嚟睇，馬自達 Mazda 6 嘅起步價確實比 梅賽德斯 - 賓士 C-Class AMG 平咗 RM 203,040。如果你預算有限，馬自達嘅入門版已經可以滿足日常需求。但都要留意，平咗嘅幾千蚊，可能喺配備上會有取捨，具體要看你嘅需求。
馬自達 Mazda 6 配備 2.0L 4-cyl，馬力 170 hp。官方油耗 8.0 L/100km。
梅賽德斯 - 賓士 C-Class AMG 配備 3.0L Turbo，馬力 350 hp。官方油耗 12.0 L/100km。
動力方面，梅賽德斯 - 賓士 C-Class AMG 嘅 3.0L Turbo 比 馬自達 Mazda 6 嘅 2.0L 4-cyl 多咗 180 匹馬力。不過日常喺市區開嘅話，兩款車嘅動力都夠用，唔會覺得唔夠力。
馬自達 Mazda 6 嘅安全評級係 5★ (ASEAN NCAP)，主動安全系統包括 Brand ADAS。
梅賽德斯 - 賓士 C-Class AMG 嘅安全評級係 5★ (Euro NCAP)，主動安全系統包括 Premium ADAS。
安全配備方面，兩款車都拿到唔錯嘅評級。不過 馬自達 Mazda 6 嘅 Brand ADAS 同 梅賽德斯 - 賓士 C-Class AMG 嘅 Premium ADAS 喺功能上有啲分別，如果你比較睇重主動安全嘅話，可以仔細對比一下兩者嘅功能列表。
馬自達 Mazda 6 採用 FWD 驅動方式。
梅賽德斯 - 賓士 C-Class AMG 採用 FWD 驅動方式。
兩款車嘅驅動方式一樣，都係 FWD，日常駕駛感受唔會有太大分別。
總體嚟講，馬自達 Mazda 6 同 梅賽德斯 - 賓士 C-Class AMG 都係馬來西亞市場幾不錯嘅車型。揀邊一輛，關鍵始終睇你嘅個人需求同預算。我哋建議大家做足功課，多比較幾間車行嘅報價，再去試駕做最終決定。買車係一件大事，花少少時間做功課絕對唔會錯。
Dalam pasaran SUV Malaysia, ramai pembeli membandingkan Proton X50 dan Kia Sportage apabila memilih kereta. Kedua-dua kenderaan ini mempunyai harga dan kedudukan pasaran yang agak hampir, hari ini kita akan membandingkannya secara terperinci dari pelbagai aspek untuk membantu anda menjimatkan masa penyelidikan.
Harga OTR Proton X50 di Malaysia ialah RM 89,800 - 113,300, terdapat 4 varian, termasuk 1.5T Executive (RM 89,800), 1.5T Premium (RM 101,800), 1.5T Flagship (RM 113,300) dan lain-lain.
Harga OTR Kia Sportage di Malaysia ialah RM 129,639 - 179,320, terdapat 4 varian, termasuk 2025 1.6T DCT 4WD High (RM 179,320), 2025 1.6T DCT 2WD High (RM 159,320), 2025 2.0L AT 2WD High (RM 139,639) dan lain-lain.
Dari segi harga, harga permulaan Proton X50 memang RM 39,839 lebih murah daripada Kia Sportage. Jika bajet anda terhad, varian pemula Proton sudah cukup untuk memenuhi keperluan harian. Namun, perbezaan harga beberapa ribu itu mungkin melibatkan pengurangan pada kelengkapan, bergantung pada keperluan anda.
Proton X50 dilengkapi enjin 1.5L 4-cyl, kuasa 105 hp. Penggunaan minyak rasmi 6.0 L/100km.
Kia Sportage dilengkapi enjin 1.5L Turbo, kuasa 140 hp. Penggunaan minyak rasmi 7.0 L/100km.
Dari segi kuasa, 1.5L Turbo Kia Sportage mempunyai 35 hp lebih daripada enjin 1.5L 4-cyl Proton X50. Namun untuk pemanduan harian di bandar, kuasa kedua-dua kenderaan ini sudah memadai, anda tidak akan rasa kurang kuasa.
Penilaian keselamatan Proton X50 adalah 5★ (ASEAN NCAP), sistem keselamatan aktif termasuk ADAS (ACC, AEB, LKA, LDA, BSM, RCTA).
Penilaian keselamatan Kia Sportage adalah 5★ (ASEAN NCAP), sistem keselamatan aktif termasuk Drive Wise.
Penilaian keselamatan kedua-dua kenderaan sama, pada tahap ini kelengkapan keselamatan sudah cukup lengkap. Keselamatan kereta baharu sekarang tidak buruk, tidak perlu terlalu risau tentang hal ini.
Proton X50 menggunakan sistem penggerak 4WD.
Kia Sportage menggunakan sistem penggerak FWD.
Perasaan pengendalian sistem 4WD Proton dan FWD Kia akan berbeza, disarankan untuk ujian memandu membandingkan.
Secara keseluruhan, Proton X50 dan Kia Sportage adalah model kereta yang sangat bagus di pasaran Malaysia. Memilih yang mana satu, kuncinya ialah keperluan dan bajet peribadi anda. Disarankan anda membuat penyelidikan, bandingkan beberapa harga kedai kereta, kemudian buat ujian memandu untuk membuat keputusan akhir. Membeli kereta adalah perkara besar, mengambil masa untuk membuat penyelidikan tidak akan salah.
Pasar SUV di Malaysia, ramai pembeli apabila memilih kereta akan membandingkan Proton X50 dan Kia Sportage. Kedua-dua kereta ini mempunyai harga dan penentuan pasaran yang hampir sama, hari ini kita akan membuat perbandingan terperinci dari pelbagai aspek untuk membantu anda menjimatkan masa untuk membuat kajian.
Harga OTR Proton X50 di Malaysia adalah RM 89,800 - 113,300, terdapat keseluruhan 4 varian, termasuk 1.5T Executive (RM 89,800), 1.5T Premium (RM 101,800), 1.5T Flagship (RM 113,300) dan lain-lain.
Harga OTR Kia Sportage di Malaysia adalah RM 129,639 - 179,320, terdapat keseluruhan 4 varian, termasuk 2025 1.6T DCT 4WD High (RM 179,320), 2025 1.6T DCT 2WD High (RM 159,320), 2025 2.0L AT 2WD High (RM 139,639) dan lain-lain.
Dilihat dari segi harga, harga permulaan Proton X50 memang lebih murah RM 39,839 berbanding Kia Sportage. Jika bajet anda terhad, versi masuk Proton sudah boleh memenuhi keperluan harian. Namun, perlu diambil tahu, perbezaan harga ribuan ringgit tersebut, mungkin ada pilihan dalam pelengkapan, ia bergantung pada keperluan anda.
Penilaian keselamatan Proton X50 ialah 5★ (ASEAN NCAP), sistem keselamatan aktif termasuk ADAS (ACC, AEB, LKA, LDA, BSM, RCTA).
Penilaian keselamatan Kia Sportage ialah 5★ (ASEAN NCAP), sistem keselamatan aktif termasuk Drive Wise.
Penilaian keselamatan kedua-dua kereta sama, dalam kelas ini pelengkapan keselamatan sudah dianggap cukup lengkap. Keselamatan kereta baharu sekarang secara umumnya baik, tidak perlu terlalu bimbang mengenai hal ini.
Proton X50 menggunakan sistem penggerak 4WD.
Kia Sportage menggunakan sistem penggerak FWD.
Sistem penggerak 4WD Proton dan FWD Kia memberikan rasa pengendalian yang berbeza, dicadangkan untuk membandingkan melalui ujian jalan.
Proton X50 dan Kia Sportage adalah pilihan utama dalam pasaran Malaysia, sesuai untuk kegunaan keluarga dan perjalanan harian. Jika anda lebih mengutamakan reputasi jenama dan nilai jual semula, boleh memilih jenama yang lebih popular; jika anda lebih prihatin terhadap nisbah harga dan pelengkapan, maka pilihlah model yang mempunyai pelengkapan lebih lengkap. Akhir sekali, disyorkan untuk mencuba kedua-dua model, pengalaman langsung adalah yang paling penting.
Secara keseluruhannya, Proton X50 dan Kia Sportage adalah model yang sangat baik di pasaran Malaysia. Memilih mana satu, kuncinya bergantung pada keperluan peribadi dan bajet anda. Kami cadangkan anda membuat penyelidikan, membandingkan sebutan harga daripada beberapa dealer kereta, kemudian pergi untuk ujian jalan sebelum membuat keputusan akhir. Membeli kereta adalah urusan besar, meluangkan masa membuat penyelidikan pasti tidak salah.
在马来西亚的汽车市场，很多买家在选车的时候都会拿 Volkswagen Golf GTI 和 Mercedes-Benz E-Class PHEV 来做比较。今天我们从多个方面做一个详细的对比，帮你省下做功课的时间。
Volkswagen Golf GTI 在马来西亚的 OTR 售价是 RM 256,962 - 256,962，一共有 3 个版本，包括 2025 2.0T Sepang Edition（RM 262,990）、2025 2.0T Standard（RM 256,962）、DCT（RM 219,800） 等。
Mercedes-Benz E-Class PHEV 在马来西亚的 OTR 售价是 RM 427,888 - 427,888，一共有 2 个版本，包括 E 200 Avantgarde（RM 350,000）、E 300 AMG Line（RM 400,000） 等。
从价钱来看，Volkswagen Golf GTI 的起步价确实比 Mercedes-Benz E-Class PHEV 便宜了 RM 170,926。如果你预算有限，Volkswagen 的入门版已经可以满足日常需求。但也要注意，便宜的那几千块，可能在配备上会有取舍，具体要看你的需求。
Volkswagen Golf GTI 搭载 2.0L Turbo，马力 220 hp。官方油耗 9.5 L/100km。
Mercedes-Benz E-Class PHEV 搭载 Hybrid，马力 170 hp。官方油耗 4.5 L/100km。
动力方面，Volkswagen Golf GTI 的 2.0L Turbo 比 Mercedes-Benz E-Class PHEV 的 Hybrid 多了 50 匹马力，中段加速会更有信心，尤其是跑高速公路超车的时候。但 Mercedes-Benz E-Class PHEV 的油耗表现可能更好，日常市区通勤的话差别不会太明显。
Volkswagen Golf GTI 车身长 4400 mm，后备箱 400 L。
Mercedes-Benz E-Class PHEV 车身长 4400 mm，后备箱 400 L。
两款车的尺寸几乎一样，车内空间差别不大。这个级别的车，日常使用完全够用。
Volkswagen Golf GTI 采用 FWD 驱动方式。
Mercedes-Benz E-Class PHEV 采用 FWD 驱动方式。
两款车的驱动方式一样，都是 FWD，日常驾驶感受不会有太大区别。
总的来说，Volkswagen Golf GTI 和 Mercedes-Benz E-Class PHEV 都是马来西亚市场很不错的车型。选择哪一辆，关键还是要看你的个人需求和预算。建议大家做好功课，多比较几间车行的报价，再去试驾做最终决定。买车是件大事，花点时间做功课绝对不会错。
在马来西亚的汽车市场，很多买家在选车的时候都会拿 Honda Civic Type R 和 Mercedes-Benz E-Class PHEV 来做比较。今天我们从多个方面做一个详细的对比，帮你省下做功课的时间。
Honda Civic Type R 在马来西亚的 OTR 售价是 RM 399,900 - 399,900，一共有 3 个版本，包括 2023 2.0T Standard（RM 399,900）、OTR NI（RM 399,900）、Volvo ES90（RM 339,888） 等。
Mercedes-Benz E-Class PHEV 在马来西亚的 OTR 售价是 RM 427,888 - 427,888，一共有 2 个版本，包括 E 200 Avantgarde（RM 350,000）、E 300 AMG Line（RM 400,000） 等。
从价钱来看，Honda Civic Type R 的起步价确实比 Mercedes-Benz E-Class PHEV 便宜了 RM 27,988。如果你预算有限，Honda 的入门版已经可以满足日常需求。但也要注意，便宜的那几千块，可能在配备上会有取舍，具体要看你的需求。
Honda Civic Type R 的安全评级是 5★ (ASEAN NCAP)，主动安全系统包括 Brand ADAS。
Mercedes-Benz E-Class PHEV 的安全评级是 5★ (Euro NCAP)，主动安全系统包括 Premium ADAS。
安全配备方面，两款车都拿到了不错的评级。不过 Honda Civic Type R 的 Brand ADAS 和 Mercedes-Benz E-Class PHEV 的 Premium ADAS 在功能上有些差异，如果你比较看重主动安全的话，可以仔细对比一下两者的功能列表。
Honda Civic Type R 车身长 4450 mm，后备箱 470 L。
Mercedes-Benz E-Class PHEV 车身长 4400 mm，后备箱 400 L。
空间方面，Honda Civic Type R 的车身比 Mercedes-Benz E-Class PHEV 长了 50 mm，车内乘坐空间会稍微宽裕一些，尤其是后座腿部空间。如果你经常载家人或者需要放婴儿车，大一点的车身确实更实用。
Honda Civic Type R 保修 5年/无限制里程，保养间隔 每10,000km或6个月。
Mercedes-Benz E-Class PHEV 保修 3年/100,000km，保养间隔 每10,000km或6个月。
总的来说，Honda Civic Type R 和 Mercedes-Benz E-Class PHEV 都是马来西亚市场很不错的车型。选择哪一辆，关键还是要看你的个人需求和预算。建议大家做好功课，多比较几间车行的报价，再去试驾做最终决定。买车是件大事，花点时间做功课绝对不会错。
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