“Is this 101.6 billion?” Xi Jinping bragged about the the protocol vehicle toward Biden.

Xi Jinping’s Official Vehicle
China’s Hongqi, N701
Its Price Tag is 1.016 Trillion Won?

On November 15 (local time), U.S. President Joe Biden and Chinese President Xi Jinping held a U.S.-China summit in San Francisco, USA. The two leaders met for the first time in a year amid tensions over supply chains and the Taiwan issue. While both countries expressed a desire to avoid conflict, they revealed stark differences in their positions.

As the world’s attention was drawn to the powerful meeting of the two leaders, the official vehicles of the two leaders also attracted attention. A scene of Xi Jinping proudly showing off his official vehicle to Biden after the summit has become a hot topic worldwide. The vehicle in question is known to be from a Chinese automaker, and we’ll take a closer look at what kind of car Xi Jinping was so proud of.

Xi Jinping’s Pride, China’s Hongqi N701

On November 16, China’s CCTV released a video of Xi Jinping and Biden conversing in front of the meeting venue. Xi Jinping expressed his belief that friendly relations between the two countries would continue, and Biden nodded in agreement. Biden then admired Xi Jinping’s official vehicle, calling it impressive. In response, Xi Jinping said, “My Hongqi car, it’s domestically made.” He then instructed his aide to open the car door and show it to Biden..

As soon as the scene was released, the world’s attention naturally turned to Xi Jinping’s official vehicle. World leaders often use cars from their own country’s brands as official vehicles, and the identity of this vehicle was none other than the N701 from the Chinese brand Hongqi. This was not the first time this vehicle was spotted, as Xi Jinping has previously used the N701 during visits to Hong Kong and Indonesia, and during a visit to Russia in March.. N7013.

Boasts a Huge Size, Manufactured at a Cost of 1.016 Trillion Won

Hongqi(Hong qi) is a subsidiary of China’s FAW Car Co., Ltd(FAW), which focuses on producing the top-tier line for senior managers. The name, which means ‘red flag’, symbolizes the color that has been highly valued in China since ancient times and also represents the Communist Party. The N701, also known as the Chinese version of Rolls-Royce, is a high-end model that produces only 5 units a year. Notably, the official vehicle was specially manufactured at a cost of 570 million yuan (approximately 1.016 trillion won), which is quite surprising.. The N701 has been used as an official vehicle since last year, following the same brand’s L5 model. The vehicle gives the impression of a combination of Mercedes-Benz, Rolls-Royce, and Cadillac limousines. It boasts a huge size, with a body length of 6m, a width of 2m, a wheelbase of 3.5m, and 21-inch bulletproof wheels. Although detailed information has not been disclosed by the Chinese government, it is presumed that the N701 is an armored vehicle equipped with bulletproof glass and a system to protect the president from chemical attacks and withstand the impact of small bombs.).

Eye-catching Design Elements, Exact Information Not Disclosed

The N701 stands out with its distinctive design elements compared to other models. The front features a large rectangular radiator grille and chrome window trim that catch the eye. In addition, the large red flag badge decoration in the center of the bonnet stands out, and red light comes out from it. Other features include thick B-pillars, LED tail lights, and blue trim on the door and a touchscreen in the front seat.. , , .

While the exact powertrain information has not been released, foreign media reports suggest that the N701 is equipped with a 3L V6 gasoline engine and an electric motor. As a result, the combined output of the N701 is estimated to reach 462 horsepower. On the other hand, after inspecting the interior of the vehicle, Biden admired it, saying it was similar to his Cadillac Beast, and praised the N701. Some suggest that Xi Jinping’s showcasing of the rapidly growing Chinese auto industry’s competitiveness may indicate that U.S. sanctions cannot hinder the development of China’s industries.