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On July 25, the Changan Deep Blue SL03 was officially launched. It is available in three power versions: a range-extender version, a pure electric version, and a hydrogen-powered version, with prices ranging from 168,900 to 699,900 yuan. The all-electric version is available in two models: the one with a range of 705 kilometers costs 215,900 yuan, while the one with a range of 515 kilometers costs 183,900 yuan. The Zengcheng version has a range of 1,200 kilometers and its price is 168,900 yuan. The hydrogen-powered version, with a range of 730 kilometers, costs 699,900 yuan; its price is more than three times that of the extended-range version and the all-electric version. For comparison, the starting price of the 2021 Toyota Mirai in the U.S. market is $49,500, which is approximately 323,000 yuan – less than half of the price of the SL03 hydrogen version. The pure electric and extended-range versions are available in regular markets, while the hydrogen version is intended for B2B sales. The hydrogen-powered version is equipped with a motor delivering 160 kW of power and a lithium iron phosphate battery with a capacity of 28.39 kWh. All the key components of this system are domestically produced, and the system’s efficiency in converting hydrogen into electricity is greater than 60%. 1 kg of hydrogen can generate 20.5 kWh of electricity, while the hydrogen consumption for power generation is less than 0.65 kg per 100 km (under CLTC conditions). At 25 yuan per kg of hydrogen, the cost per kilometer is less than 0.2 yuan. The new vehicle can achieve a range of 730 km under mixed driving conditions, and its hydrogen fuel tank can be refilled in just 3 minutes. In the CLTC testing cycle, the extended-range version offers a 200 km range on electric power alone, which is sufficient for daily commuting and helps reduce operating costs. The all-electric range in extended-range mode is 1200 km. The Changan Deep Blue SL03 extended-range version features a direct connection between the engine and the generator; its extended-range unit is a 1.5L Atkinson cycle engine. The engine has a maximum power output of 70 kW, while the electric motor delivers a maximum power of 160 kW and a maximum torque of 320 N·m. Under the CLTC driving conditions, about 3.3 kWh of electricity can be generated per 1 liter of fuel, with a fuel consumption of 4.5 L/100 km in feed-in mode.