Tagged: China

Insurance registrations for week ending Apr 9: Tesla 6,973, Li Auto 4,177, NIO 1,316

Starting this week, insurance registration data will no longer be available, with Li Auto's sharing a surprise exception.

The major sources that provide insurance registration data for China's auto industry have stopped sharing the data, but Li Auto (NASDAQ: LI) has shared content that allows us to still have access to some of the data.

For the week of April 3 to April 9, Li Auto sold 4,177 units, far outpacing other new car brands and again becoming the weekly sales leader for new brands in the Chinese market, the automaker said yesterday on Weibo.

Li Auto didn't specify what the sales figure was based on, though they were apparently insurance registrations. Previously, we had access to those numbers every Tuesday, and Li Auto's practice for the past two weeks has been to share some of them on Wednesdays.

The tables shared by the extended-range electric vehicle (EREV) maker show that NIO (NYSE: NIO) vehicles had 1,316 insurance registrations last week, and (NYSE: XPEV) had 904.

Neta vehicles had 1,526 insurance registrations last week, Zeekr had 1,476 and Leapmotor had 1,157.

Li Auto's tables also provided insurance registrations for vehicles from luxury brands in China last week, with Mercedes-Benz in the top spot with 14,817, BMW in second with 13,506, and Audi in third with 10,573.

Tesla came in fourth with 6,973 units and Li Auto in fifth. Lexus was No. 9 with 1,493 units, and NIO was No. 10.

The vendor that provided us with the data said they will not be able to continue to provide such data, saying it was the decision of the data source.

The bloggers who previously shared the data on Weibo have also stopped sharing such data.

China NEV insurance registrations for week ending April 2: BYD 46,218, Tesla 14,275, NIO 2,730

The post Insurance registrations for week ending Apr 9: Tesla 6,973, Li Auto 4,177, NIO 1,316 appeared first on CnEVPost.

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Zeekr launches Zeekr X SUV to gain further share from market dominated by German luxury automakers

CEO believes that despite having a presence in the compact car market, German luxury brands are not offering any truly competitive luxury products.

(Image credit: CnEVPost)

German luxury automakers are seeing a loss of share in the premium market in China as they are slow to make the transition to electrification. Now, with the launch of a new electric SUV with strong performance and competitive pricing, this process could be further accelerated.

Zeekr, Geely Holding Group's premium electric vehicle (EV) brand, officially launched its third model, the Zeekr X, at an event in the southwestern Chinese city of Chengdu on Wednesday.

The model is based on Geely's Sustainable Electric Architecture (SEA) and is positioned as an urban sport utility vehicle suitable for adults, children and any accompanying pets, Zeekr said.

(Image credit: CnEVPost)

With a length, width and height of 4,450mm, 1,836mm and 1,572mm respectively, and a wheelbase of 2,750mm, the Zeekr X is a typical compact SUV.

Zeekr hopes to disrupt the compact luxury car market, which is dominated by Mercedes-Benz, BMW and Audi, with the SUV. Andy An, its CEO, said at the launch that the market currently has only luxury brands but no real luxury products.

With the launch of the Zeekr X, compact size no longer means sacrificing space, performance or features, An said.

Zeekr has packed the Zeekr X with a host of features that feel fresh, including facial recognition unlocking, a moveable center screen, electric folding rear seats, and an in-car refrigerator that can provide temperatures as low as -15 degrees Celsius.

(Image credit: Zeekr)

In terms of performance, the dual-motor version of the Zeekr X boasts a combined maximum power of 315 kW and maximum torque of 543 Nm, and can sprint from 0 to 100 km/h in 3.7 seconds.

Even the single-motor version of the Zeekr X can accelerate from 0 to 100 km/h in 5.8 seconds.

This kind of powerful performance from a compact model is not often seen in the Chinese auto industry, and such markets are usually considered niche markets.

However, An said in a media group interview after the launch that the compact market lacks true luxury products and that this needs to be fundamentally changed.

(Image credit: CnEVPost)

An does not believe it is reasonable to judge a model's potential by the existing market landscape, because as long as a car company offers a product that meets demand, the market will get bigger, as proven by Zeekr's first model, the Zeekr 001.

The shooting brake market targeted by the Zeekr 001 was previously seen as having a very small total addressable market in China, but the model was an unexpected success and 71,941 units were delivered in 2022.

The Zeekr X is available in three versions, one starting at RMB 189,800 ($27,610) and the other two at RMB 209,800.

An told media, including CnEVPost, after the event that Zeekr will not launch models priced lower than the Zeekr X.

All three versions of the Zeekr X are powered by a ternary lithium battery pack with a capacity of 66 kWh and a CLTL range of up to 560 km.

The Zeekr X is already taking pre-orders and deliveries will start in June.

In response to a question from CnEVPost, An said the company is targeting 40,000 deliveries of the SUV this year.

In addition to being available in China, the Zeekr X will also be available in Europe. An said there is plenty of room in the global market for compact SUVs.

An mentioned that the Zeekr 001 will also be brought to Europe, without revealing more about when, but said Zeekr will officially unveil its European strategy at the Shanghai auto show in a few days.

The Zeekr 001 was launched on April 15, 2021, and deliveries began in October 2021. On November 1, 2022, Zeekr's second model, the Zeekr 009 MPV, was launched, and deliveries began on January 15.

Zeekr aims to double its sales to about 140,000 units this year. It delivered 15,234 vehicles in the first quarter of the year, and the goal means it needs to deliver an average of about 14,000 vehicles per month next.

($1 = RMB 6.8748)

(Image credit: CnEVPost)

Zeekr aims for 140,000 sales in 2023, to launch 2 new models, CEO says in internal letter

The post Zeekr launches Zeekr X SUV to gain further share from market dominated by German luxury automakers appeared first on CnEVPost.

For more articles, please visit CnEVPost.

Full CPCA rankings: Top-selling models and automakers in China in Mar

This article shares the CPCA's rankings of the best-selling models and car companies in China for March.

The China Passenger Car Association (CPCA) announced on April 11 the top selling models and car companies in China in March, presenting a panoramic view of the Chinese auto industry.

CnEVPost highlighted the NIO ET5 and Tesla's Model Y on these lists in yesterday's articles.

Here are 20 tables that CnEVPost put together based on data from the CPCA, if you wish to know more details about these rankings.

Automakers with highest retail sales in China in Mar 2023
RankingAutomakerMar-23Mar-22YoYShare
1192,289103,22986.3%12.1%
2FAW-Volkswagen146,816126,13316.4%9.2%
3Changan93,073120,437-22.7%5.9%
4Geely90,17593,378-3.4%5.7%
5SAIC-Volkswagen84,01978,0187.7%5.3%
6Tesla China76,66365,75416.6%4.8%
7SAIC-GM65,02170,021-7.1%4.1%
8FAW Toyota62,34758,2397.1%3.9%
9GAC Toyota60,62688,048-31.1%3.8%
10BMW Brilliance58,32042,62336.8%3.7%
11Great Wall Motor50,71074,071-31.5%3.2%
12Beijing Benz49,53045,5528.7%3.1%
13Dongfeng Nissan49,41667,821-27.1%3.1%
14SAIC-GM-Wuling49,19970,841-30.6%3.1%
15Chery46,28645,9630.7%2.9%
Automakers with highest retail sales in China in Jan-Mar 2023
RankingAutomakerJan-Mar 2023Jan-Mar 2022YoYShare
1BYD508,706287,36377.0%11.9%
2FAW-Volkswagen368,762421,852-12.6%8.6%
3Changan302,898324,675-6.7%7.1%
4Geely269,701294,495-8.4%6.3%
5SAIC-Volkswagen238,650295,793-19.3%5.6%
6GAC Toyota188,768228,779-17.5%4.4%
7SAIC-GM173,063263,063-34.2%4.1%
8BMW Brilliance164,429168,707-2.5%3.9%
9FAW Toyota156,104159,397-2.1%3.7%
10Dongfeng Nissan151,753242,341-37.4%3.6%
11SAIC-GM-Wuling150,771216,579-30.4%3.5%
12Beijing Benz138,742148,304-6.4%3.3%
13Tesla China137,429108,30026.9%3.2%
14Great Wall Motor127,915219,478-41.7%3.0%
15Chery126,555156,157-19.0%3.0%
Automakers with highest retail sales of NEVs in China in Mar 2023
RankingAutomakerMar-23Mar-22YoYShare
1BYD192,289103,22986.3%35.4%
2Tesla China76,66365,75416.6%14.1%
3GAC Aion40,01620,31797.0%7.4%
4SAIC-GM-Wuling27,84846,791-40.5%5.1%
5Geely26,92313,63397.5%5.0%
6Changan23,77915,23356.1%4.4%
7Li Auto20,82311,03488.7%3.8%
8NIO10,3789,9853.9%1.9%
9Great Wall Motor8,46214,999-43.6%1.6%
10BAIC Motor8,1354,11297.8%1.5%
11BMW Brilliance7,6294,13384.6%1.4%
12FAW-Volkswagen7,3947,2322.2%1.4%
13SAIC-Volkswagen7,1236,5438.9%1.3%
14XPeng7,00215,414-54.6%1.3%
15Neta6,36012,026-47.1%1.2%
Automakers with highest retail sales of NEVs in China in Jan-Mar 2023
RankingAutomakerJan-Mar 2023Jan-Mar 2022YoYShare
1BYD508,706282,68680.0%38.8%
2Tesla China137,429108,30026.9%10.5%
3GAC Aion80,30844,87479.0%6.1%
4SAIC-GM-Wuling77,701105,227-26.2%5.9%
5Changan60,67430,64598.0%4.6%
6Geely59,59744,73533.2%4.5%
7Li Auto52,58431,71665.8%4.0%
8NIO31,04125,76820.5%2.4%
9Neta22,44930,152-25.5%1.7%
10BMW Brilliance21,33412,11976.0%1.6%
11Great Wall Motor20,93634,719-39.7%1.6%
12XPeng18,23034,561-47.3%1.4%
13FAW-Volkswagen16,96517,674-4.0%1.3%
14Chery16,12550,072-67.8%1.2%
15FAW Hongqi14,5712,584463.9%1.1%
Automakers with highest wholesale sales in China in Mar 2023
RankingAutomakerMar-23Mar-22YoYShare
1BYD206,089104,33897.5%10.4%
2FAW-Volkswagen165,484122,19735.4%8.3%
3Changan152,426132,48315.1%7.7%
4Chery115,69973,67457.0%5.8%
5Geely110,300101,1669.0%5.5%
6Tesla China88,86965,81435.0%4.5%
7SAIC Passenger Cars81,47861,01233.5%4.1%
8GAC Toyota81,30097,006-16.2%4.1%
9SAIC-Volkswagen81,019110,018-26.4%4.1%
10Great Wall Motor70,25982,475-14.8%3.5%
11GAC Honda70,11076,833-8.8%3.5%
12Dongfeng Nissan63,78362,3352.3%3.2%
13SAIC-GM62,80088,523-29.1%3.2%
14FAW Toyota61,85769,957-11.6%3.1%
15BMW Brilliance61,62835,72372.5%3.1%
Top-selling sedans at retail in China in Mar 2023
RankingModelMar-23Mar-22YoY
1BYD Qin43,23024,79174.4%
2BYD Dolphin27,68710,448165.0%
3Aion S26,3926,798288.2%
4Volkswagen Lavida24,42721,33114.5%
5Nissan Sylphy23,17030,240-23.4%
6Wuling Hongguang Mini23,15941,980-44.8%
7Tesla Model 321,72626,024-16.5%
8Honda Accord20,15814,85535.7%
9Volkswagen Sagitar17,93815,14818.4%
10Toyota Corolla16,92515,4749.4%
11Audi A6L15,6149,45365.2%
12Changan Eado15,36720,353-24.5%
13Mercedes-Benz C-Class14,1459,41550.2%
14Geely Emgrand14,03716,336-14.1%
15BMW 3 Series13,9248,51963.4%
Top-selling sedans at retail in China in Jan-Mar 2023
RankingModelJan-Mar 2023Jan-Mar 2022YoY
1BYD Qin87,95575,83416.0%
2Nissan Sylphy72,779108,741-33.1%
3Volkswagen Lavida72,61393,326-22.2%
4Wuling Hongguang Mini69,84294,778-26.3%
5BYD Dolphin67,95129,611129.5%
6Volkswagen Sagitar52,91955,423-4.5%
7Aion S48,31017,227180.4%
8Honda Accord47,97051,578-7.0%
9Tesla Model 342,78233,61927.3%
10Toyota Corolla42,41541,7161.7%
11Toyota Camry40,50061,696-34.4%
12Mercedes-Benz E-Class40,26143,195-6.8%
13Audi A6L40,24630,67331.2%
14Geely Emgrand38,52849,161-21.6%
15BYD Han37,81734,4019.9%
Top-selling high-end sedans at retail in China in Mar 2023
RankingModelMar-23Mar-22YoY
1Audi A6L15,6149,45365.2%
2Mercedes-Benz C-Class14,1459,41550.2%
3BMW 3 Series13,9248,51963.4%
4Mercedes-Benz E-Class13,56512,7976.0%
5BMW 5 Series9,99112,041-17.0%
6Audi A4L9,39410,752-12.6%
7NIO ET56,437NANA
8Volvo S902,679235813.6%
9Hongqi H91,5171,969-23.0%
10Cadillac CT69051,034-12.5%
High-end models are those with a starting price of more than RMB 300,000.
Top-selling high-end sedans at retail in China in Jan-Mar 2023
RankingModelJan-Mar 2023Jan-Mar 2022YoY
1Mercedes-Benz E-Class40,26143,195-6.8%
2Audi A6L40,24630,67331.2%
3BMW 3 Series37,15143,100-13.8%
4BMW 5 Series35,72847,485-24.8%
5Mercedes-Benz C-Class31,90724,98627.7%
6Audi A4L21,27236956-42.4%
7NIO ET518,703NANA
8Volvo S907,853691013.6%
9Hongqi H93,4796,532-46.7%
10Jaguar XFL2,1961,75425.2%
High-end models are those with a starting price of more than RMB 300,000.
Top-selling high-end SUVs at retail in China in Jan-Mar 2023
RankingModelJan-Mar 2023Jan-Mar 2022YoY
1BMW X334,81039,592-12.1%
2Mercedes-Benz GLC26,57645,037-41.0%
3Audi Q5L26,23636,624-28.4%
4BMW X524,973NANA
5Li Auto Li L921,126NANA
6Li Auto L820,515NANA
7Mercedes-Benz GLB16,92413,90621.7%
8Volvo XC6014,00312,37113.2%
9Volkswagen Teramont9,38310,890-13.8%
10Li Auto Li L77,702NANA
Top-selling new energy SUVs at retail in China in Mar 2023
RankingModelMar-23Mar-22YoY
1Tesla Model Y54,93739,73038.3%
2BYD Song40,11426,72350.1%
3BYD Yuan Plus27,90710,017178.6%
4Aion Y13,2679,50139.6%
5BYD Tang11,9549,08631.6%
6Li Auto Li L77,702NANA
7BYD Frigate 076,455NANA
8Li Auto L86,224NANA
9Smart #15,911NANA
10Li Auto Li L95,831NANA
11Zeekr 0014,5171795151.6%
12BMW X33,8642,58249.7%
13Leapmotor C113,1544,201-24.9%
14Neta U3,0563,904-21.7%
15Hycan Z032,4991,68948.0%
Top-selling new energy SUVs at retail in China in Jan-Mar 2023
RankingModelJan-Mar 2023Jan-Mar 2022YoY
1BYD Song141,41570,199101.4%
2Tesla Model Y94,64774,68126.7%
3BYD Yuan Plus62,52816,532278.2%
4BYD Tang32,52527,95916.3%
5Aion Y31,05518,90064.3%
6Li Auto Li L921,126NANA
7Li Auto L820,515NANA
8BYD Frigate 0717,927NANA
9Smart #112,697NANA
10Zeekr 00112,4728,24151.3%
11Neta V9,59818,677-48.6%
12BMW X38,9865,78555.3%
13Li Auto Li L77,702NANA
14AITO M57,3224,92148.8%
15Neta U7,08011,475-38.3%
Top-selling MPVs at retail in China in Mar 2023
RankingModelMar-23Mar-22YoY
1Buick GL811,9497,83952.4%
2Wuling Hongguang10,97013,726-20.1%
3Denza D910,398NANA
4GAC Trumpchi M88,4204,40091.4%
5Toyota Sienna6,2326,444-3.3%
6GAC Trumpchi M65,4883,19371.9%
7Honda Elysion4,8202,163122.8%
8Toyota Granvia3,732NANA
9Wuling Jiachen3,511NANA
10Dongfeng Fengxing Lingzhi2,9605,277-43.9%
11Honda Odyssey2,3653,793-37.6%
12Zeekr 0092,146NANA
13JAC Ruifeng1,9292,017-4.4%
14FAW Bestune NAT1,926375413.6%
15Buick Century1,833NANA
Top-selling MPVs at retail in China in Jan-Mar 2023
RankingModelJan-Mar 2023Jan-Mar 2022YoY
1Wuling Hongguang34,38557,636-40.3%
2Denza D924,161NANA
3Buick GL823,27732,986-29.4%
4GAC Trumpchi M819,28211,41069.0%
5Toyota Sienna18,50614,89324.3%
6Wuling Jiachen12,064NANA
7GAC Trumpchi M611,74011,5431.7%
8Toyota Granvia9,967NANA
9Honda Elysion9,1176,95131.2%
10Dongfeng Fengxing Lingzhi7,05013,676-48.4%
11Honda Odyssey6,15711,714-47.4%
12JAC Ruifeng5,1155,623-9.0%
13Buick Century5,037NANA
14FAW Bestune NAT3,623971273.1%
15Brilliance Xinyuan Jinhaishi3,5971,96583.1%
Automakers with highest wholesale sales in China in Jan-Mar 2023
RankingAutomakerJan-Mar 2023Jan-Mar 2022YoYShare
1BYD547,917289,96189.0%10.8%
2Changan392,307360,7308.8%7.8%
3FAW-Volkswagen382,524434,073-11.9%7.6%
4Geely322,453326,024-1.1%6.4%
5Chery307,465209,31746.9%6.1%
6Tesla China229,322182,17425.9%4.5%
7SAIC-Volkswagen226,330331,229-31.7%4.5%
8GAC Toyota220,000247,006-10.9%4.4%
9SAIC Passenger Cars195,108191,2532.0%3.9%
10SAIC-GM185,958274,536-32.3%3.7%
11BMW Brilliance172,766158,3689.1%3.4%
12Great Wall Motor171,151240,548-28.8%3.4%
13Dongfeng Nissan165,620275,759-39.9%3.3%
14FAW Toyota153,209197,327-22.4%3.0%
15Beijing Benz150,006142,2465.5%3.0%
Top-selling new energy sedans at retail in China in Mar 2023
RankingModelMar-23Mar-22YoY
1BYD Qin43,23024,79174.4%
2BYD Dolphin27,68710,448165.0%
3Aion S26,3926,798288.2%
4Wuling Hongguang Mini23,15941,980-44.8%
5Tesla Model 321,72626,024-16.5%
6BYD Han13,8341233712.1%
7Geely Panda Mini10,550NANA
8Changan Lumin10,217NANA
9Shenlan SL038,568NANA
10BJEV EU Series8,135410598.2%
11NIO ET56,437NANA
12GM Velite 65,409302678.8%
13BYD Seal5,201NANA
14BYD Destroyer 054,1361476180.2%
15Ora Good Cat3,9706,316-37.1%
Top-selling new energy sedans at retail in China in Jan-Mar 2023
RankingModelJan-Mar 2023Jan-Mar 2022YoY
1BYD Qin87,95575,83416.0%
2Wuling Hongguang Mini69,84294,778-26.3%
3BYD Dolphin67,95129,611129.5%
4Aion S48,31017,227180.4%
5Tesla Model 342,78233,61927.3%
6BYD Han37,81734,4019.9%
7Changan Lumin24,033NANA
8BYD Seal19,573NANA
9Shenlan SL0318,808NANA
10NIO ET518,703NANA
11Geely Panda Mini17,211NANA
12BYD Destroyer 0513,7521,476831.7%
13Hongqi E-QM512,3101517711.5%
14BJEV EU Series10,389611170.0%
15Chery QQ Ice Cream9,82128,113-65.1%
Top-selling SUVs at retail in China in Mar 2023
RankingModelMar-23Mar-22YoY
1Tesla Model Y54,93739,73038.3%
2BYD Song40,11426,72350.1%
3BYD Yuan Plus27,90710,017178.6%
4Changan CS7516,79622,811-26.4%
5Haval H614,84119,303-23.1%
6Aion Y13,2679,50139.6%
7BMW X312,88011,23114.7%
8BYD Tang11,9549,08631.6%
9Volkswagen Tayron11,9537,03669.9%
10BMW X111,852649282.6%
11Toyota RAV411,72514,415-18.7%
12Honda CR-V11,62416,437-29.3%
13Hongqi HS511,5867,63251.8%
14Audi Q5L11,35510,7036.1%
15Geely Boyue L10,135NANA
Top-selling SUVs at retail in China in Jan-Mar 2023
RankingModelJan-Mar 2023Jan-Mar 2022YoY
1BYD Song141,41573,70491.9%
2Tesla Model Y94,64774,68126.7%
3BYD Yuan Plus62,52816,532278.2%
4Changan CS7551,82667,230-22.9%
5Haval H647,99371,411-32.8%
6Geely Boyue L35,407NANA
7BMW X334,81039592-12.1%
8Honda CR-V33,31456,312-40.8%
9BYD Tang32,52527,95916.3%
10Changan CS5532,40652,040-37.7%
11Aion Y31,05518,90064.3%
12Hongqi HS529,53333,017-10.6%
13Geely Xingyue L28,56129,554-3.4%
14Toyota RAV427,36838,857-29.6%
15Mercedes-Benz GLC26,57645,037-41.0%
Top-selling high-end SUVs at retail in China in Mar 2023
RankingModelMar-23Mar-22YoY
1BMW X312,88011,23114.7%
2Audi Q5L11,35510,7036.1%
3Mercedes-Benz GLB7,7864,36978.2%
4Li Auto Li L77,702NANA
5BMW X57,245NANA
6Li Auto L86,224NANA
7Li Auto Li L95,831NANA
8Volvo XC604,2344,1222.7%
9Mercedes-Benz GLC3,45112,748-72.9%
10Volkswagen Teramont3,4383,3991.1%

The post Full CPCA rankings: Top-selling models and automakers in China in Mar appeared first on CnEVPost.

For more articles, please visit CnEVPost.

Regulatory filing: VW ID.7 coming to China

The ID.7 is 4,956 mm long and is powered by an electric motor with a peak power of 150 kW.

The new model of Volkswagen's ID family, the ID.7, may not be far from its launch in China, as it enters a regulatory catalog.

China's Ministry of Industry and Information Technology today announced the latest batch of models that will soon be allowed to be sold, and the ID.7 from FAW-Volkswagen is included.

The Chinese public can submit feedback between April 12 and April 18. Entry into the catalog is the last major regulatory process for a model to be allowed to be sold in China.

The ID.7 has a length, width and height of 4,956 mm, 1,862 mm and 1,537 mm, respectively, and a wheelbase of 2,965 mm, according to the filing page.

In powertrain, the model is available in only one version, with a 150-kW peak power motor and a top speed of 155 km/h.

It has a ternary lithium battery pack and the manufacturer is a joint venture between FAW and .

In late January, Volkswagen announced that the ID.7, the sixth model in the ID series, will make its world debut in the second quarter.

The ID.7 will be a premium model and Volkswagen's second global model based on the MEB platform, following the ID.4.

On April 5, VW announced that testing of the ID.7 is almost complete and the model will be officially launched on April 17.

"The new ID.7 will enhance the upper mid-size class in Europe, China and North America," Volkswagen said in an April 5 press release.

Volkswagen's ID series of electric vehicles in China are produced by its two main joint ventures.

FAW-Volkswagen's ID. series models on sale are the ID.4 Crozz and ID.6 Crozz, two SUVs with suggested retail prices starting at RMB 217,900 ($31,660) and RMB 258,900, respectively.

SAIC Volkswagen's ID. series models are the ID.4 X and ID.6 X, with suggested retail prices starting at RMB 195,888 and RMB 259,888, respectively.

In addition to the two models in the ID. series, SAIC Volkswagen also offers the compact ID.3 model with a suggested retail price starting at RMB 162,888.

A month ago, as the price war in China's auto industry intensified, FAW-Volkswagen offered discounts of up to RMB 40,000 on ID. family models, bringing the starting price of the SUV series to as low as RMB 174,900.

($1 = RMB 6.8823)

VW joins China auto price war, offers up to $5,820 discount on ID. series EVs

The post Regulatory filing: VW ID.7 coming to China appeared first on CnEVPost.

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