▌ News, ▍ Berkshire Hathaway again reduced its stake in BYD to less than 5%.
On July 22, according to Hong Kong Stock Exchange filings, Buffett’s Berkshire Hathaway reduced its stake in BYD to 1.
396 million shares at an average price of HK $246.
96, reducing its position from 5.
06% to 4.94%. This is the 16th time that the HKEx has disclosed Berkshire Hathaway’s stake reduction since it was first disclosed in August 2022.
Prior to this, some industry analysts believed that because the reduction of shareholders holding less than 5% shares did not need to be disclosed, once the shareholding ratio was reduced to 5%, the reduction rate would be accelerated until the stock was cleared.
It is understood that Buffett bought 225 million BYD shares at HK $8 per share in September 2008.
If the dividend and other factors are not taken into account, according to the average price of the above 16 reductions of HK $228.
57 per share, Buffett has accumulated about HK $39 billion after this round of reduction.
In May this year, Buffett said at the Berkshire Hathaway shareholders’ meeting: “BYD’s investment is similar to that made in Japan five years ago, and we rarely make such a big investment outside the United States.
” But in the future, we will focus on the United States as our main investment direction.
” ▍ released the vehicle operating system “SkyOS Tianshu” on July 27th.
Weilai announced that NIO IN 2024 Innovation and Technology Day will be held in Shanghai on July 27th.
At that time, Weilai will share the practice and thinking of intelligent electric vehicles driven by AI, and officially release the whole vehicle global operating system “SkyOS Tianshu”.
At the NIO IN 2023 Innovation and Technology Day held last year, Li Bin announced for the first time the global operating system SkyOS of Weilai, which is called Tianshu in Chinese.
SkyOS Tianshu operating system is the bottom operating system of the whole vehicle independently developed by Weilai, and it is also the first operating system tailored for intelligent electric vehicles in China.
The system not only covers the whole vehicle system, but also involves many aspects, such as auxiliary driving, intelligent cockpit, connected service, energy supplement, mobile interconnection and so on, to bring users a safer, intelligent and smooth driving experience.
▍ Xiaopeng opened the global recruitment of XOS 5.
2 and launched the unlimited version of XNGP for the first time.
On July 22, following the recruitment campaign at the end of last month, Xiaopeng announced today that it launched the recruitment of AI Tianji XOS 5.
2 for global users, covering 1000 owners of each model, with a total of 4000 people.
In addition, Xiaopeng will hold a press conference on Xiaopeng automobile technology, which belongs to the all-intelligent explorer on July 30.
The registration has now started and ends at 23:59 on July 23rd.
The registration results will be notified to the selected owners through the App letter 2 working days after the end of the registration.
The push is expected to start 2 working days after the end of the registration.
According to reports, this is the first simultaneous experience of XOS 5.
2 for domestic and overseas users, and the features of this version cover hundreds of updates.
Among them, the unlimited edition of XNGP is only available for Max configuration users in the mainland market.
Car owners with Pro configuration can experience other core functions such as reversing, parking 2.
0, instrument support for large maps, and private customization of the driving control experience.
Zhou Peng, the former head of Baidu intelligent driving technology introduced by ▍ BYD, “testing the water” end-to-end, 36 krypton reported on July 22nd, Zhou Peng, the former head of Baidu cabin driving integrated intelligent driving technology, has joined BYD to be responsible for the development of end-to-end large model control algorithms.
Zhou Peng does not belong to the Intelligent driving Research and Development Center of BYD Planning Institute, but works in a department independent of the Planning Institute, which focuses on the application of intelligent driving algorithms.
The report revealed the organizational structure: the department has an equal relationship with the intelligent driving research and development center, which is headed by Han Bing and the algorithm application department by Xu Lingyun, the former intelligent driving director of Gaohe.
Zhou Peng will report to Xu Lingyun.
So far, BYD has not responded to the news.
▍ asked the new M7 Ultra to deliver more than 30,000 units after 50 days on the market, setting a new record for delivery speed.
MJ Motor announced on July 22nd that the new M7 Ultra delivered a total of more than 30,000 units after 50 days on the market, setting a new record for the delivery speed of new power models.
The new M7 Ultra went on sale on May 31 with a price range of 28.
98-329800 yuan.
It is reported that its peer competitor ideal L6 delivered 30000 units in a day.
Nvidia is developing a new flagship AI chip for the Chinese market, which will comply with current US export controls, and Nvidia will work with one of its dealers in China, Wave Group, to distribute the chip tentatively named B20, a person familiar with the matter told the media.
In this regard, Chaochao Information Securities Department said: the company has not carried out B20-related business and cooperation, the news is not true.
▍ Polar Krypton plans to produce cars in Europe or share an European plant with Volvo.
According to Bloomberg, Polar Krypton is actively considering producing models in Europe.
INSIDE EVs and other foreign media believe that the reason for the recent production of polar krypton and other Chinese brands in Europe is the direct result of the new tariffs imposed by the European Union on China’s imported electric vehicles.
But unlike brands such as BYD, Chery and SAIC, which take time to build factories, polar krypton has a simple and direct choice.
INSIDE EVs believes that if Polar Krypton does advance manufacturing and localization plans in Europe, then the brand will work with Geely’s existing plants (through Volvo).
In its response to the Observer Network, Polar Krypton confirmed some of the speculation that “based on this layout, Geely will choose to use existing resources in the group’s ecology rather than open new factories.
” But the details of which plant will be used in Europe and more details, polar krypton says no more specific decisions have been made.
In ▌, ▍ submitted preliminary countervailing defense opinions to the European Commission.
According to news from Fast Science and Technology on July 22, SAIC issued an announcement that on July 19, at the request of SAIC, the European Commission held a special hearing on countervailing investigation at the EU headquarters in Brussels, and SAIC submitted countervailing preliminary adjudication opinions to the European Commission to safeguard its legitimate rights and interests.
The European Commission is expected to make a final ruling on November 2, and SAIC reserves the right to take further legal measures in response to the Commission’s unfair, unreasonable and illegal preliminary ruling.
On June 12, 2024, the European Commission issued a preliminary information pre-disclosure.
Calculate a subsidy rate of 38.
1% for SAIC.
SAIC submitted a defense against the calculation errors in the preliminary pre-disclosure.
On July 4, the European Commission officially announced the results of the preliminary decision, announcing a tax rate of 37.
6%, and plans to impose temporary countervailing duties accordingly.
▍ Wenyuan Zhixing August sprint US stocks IPO,21 Economic Network July 22nd news, Wenyuan Zhixing is considering officially landing in the US capital market before the end of August.
In March last year, Wenyuan Zhixing was first reported to launch a listing plan in the United States, and at that time it was reported that its financing size was about 500 million US dollars.
According to the rules, the time limit for overseas listing of the China Securities Regulatory Commission is 12 months after the filing notice was issued.
That is, Wenyuan Zhixing needs to complete the listing by August 25 this year.
Wenyuan Zhixing was founded in 2017 and completed the final round of D+ financing by 2022, with a post-investment valuation of more than $5 billion.
It is worth noting that with the fire of the concept of Robotaxi, Wen Yuan Zhixing, as the leading enterprise in the Robotaxi industry, has once attracted much attention.
▍ ARCFOX extreme Fox promotes time-limited preferential policies: up to 50, 000 discounts, and then grab 8888 consumption coupons.
A few days ago, Beijing directed the issuance of 20, 000 new energy minibuses to car-free families.
ARCFOX Polar Fox officially issued benefits, and the whole series of models can enjoy a discount of up to 50, 000 yuan, and simultaneously grab another 8888 yuan car consumption coupons.
Specific discounts for the whole range of models, 27000 yuan for polar fox koalas, equivalent to 109800 yuan, 25000 yuan for polar fox alpha T5 to high limit, only 130800 for polar fox alpha S5, 25000 yuan for polar fox alpha S5, only 151800 for polar fox alpha Spict forest version PRO to high limit 50, 000 yuan, 155800 to enjoy The price of ▍ Lantu Zhiyin Hua Smart driver version may be about 250000 yuan.
On July 22, the Daily Economic News learned from sources that the price of Lantu Zhiyin Huawei Smart driver version is expected to be around 250000 yuan.
According to previous information, Lantu Zhiyin up to 901km, equipped with 800V high-voltage platform, 5C fast charge can achieve 15 minutes to replenish 515km, standard CDC adjustable damping suspension, and in accordance with the “China-Europe double five-star” standard development and design.
In April this year, Lantu announced cooperation with Huawei in the areas of smart cockpit and intelligent driving.
At the end of June this year, Lantu has won the intelligent network joint test license jointly granted by the relevant departments of Wuhan, and has the L4 autopilot road test capability.
Earlier, Lu Fang, CEO of Lantu Automobile, said that Lantu bosom friend has the ability to surpass Model Y in all aspects in technology.
“We are confident that it will become the most competitive product in this price range.
” ▍ Zero running C16 exceeded 10, 000 in its first month on the market.
Fast Technology reported on July 22 that Zero cars announced this afternoon that its medium and large SUV Zero running C16 had exceeded 10000 in its first month on the market.
The new car has been delivered nationwide, and in the next 10 days, you can also enjoy time-limited car purchase rights such as a deposit of 1000 yuan to 5000 yuan, courtesy of up to 20000 yuan on the market, a complete car and a lifetime warranty for three electricity and electricity.
The six SUV of Zero running C16 went on sale on the evening of June 28, offering extended range / pure electric dual power version, each version of which is available in three configurations: smart version, premium version and smart driver version, starting at 155800 yuan.
, ▍ Cui Dongshu: power battery loading is too low in 2024, and battery output is higher than the growth rate of vehicle loading.
Cui Dongshu, secretary general of the Federation of passengers, said in an article on July 22 that the proportion of power battery production is decreasing.
From 2021 to 2023, the battery installation rate of power battery loading is 70%, 54% and 50% respectively, and it has dropped to 47% from January to June 2024.
Cui Dongshu analyzed that with the development of energy storage and other industries, especially the world energy crisis brought about by the Russian-Ukrainian crisis, the demand for batteries in energy storage and other industries is growing rapidly, resulting in a significant decline in the proportion of batteries loaded in cars.
The overproduction and inventory of power batteries and energy storage batteries are relatively under pressure.
The growth rate of power battery in 2021 and 2022 is lower than that of the whole vehicle, the loading rate of power battery in 2024 is on the low side, and the battery output is higher than the growth rate of vehicle loading.
▍ Doubao: there is no cooperation with WPS at the AI training level.
On the afternoon of July 22nd, Doubao issued a statement saying that it has recently followed individual users and media speculation that Doubao can ask them about their unreleased AI content and use WPS’s cloud content to train AI.
This rumor is completely false.
Some of the bibliographic information on the bean bag comes from public information, and the bean bag will also give relevant website information, the statement said.
Doubao and WPS do not have any form of cooperation at the AI training level, nor do they use any undisclosed private data for training.
▍ Musk of ▌ International responded to Trump: Tesla lives without subsidies, first Electric Power reported on July 22nd, in response to Trump’s previous attitude on electric cars-“I will end the electric vehicle injunction on my first day in office, thereby saving the US auto industry from total destruction and saving American consumers thousands of dollars per car.
” Musk responded on X: “destruction will come.
” Then he added: “Tesla can survive without subsidies.
Surprisingly, many people think that Tesla lives on subsidies.
Our competitors are like this, but Tesla is not.
▍ US charging operator said: the tipping point has passed and Trump can’t stop the transition to electric vehicles.
According to Sina Finance on July 22, Rick Wilmer, chief executive of ChargePoint Holdings, the largest operator of electric vehicle charging network in the United States, said that even if Trump returns to the White House, sales of electric vehicles will continue to grow.
“I think the overall force of the market is much stronger, no matter how much the government accelerates or does not accelerate the popularity of electric vehicles,” says Mr Wilmer.
” “there’s too much investment, and you hear a lot of automakers’ CEO say that we’ve passed the tipping point.
” Wilmer said that even if Trump tries to end Biden’s policy of building a nationwide charging network, other aspects of ChargePoint’s business will not be affected.
This includes installing chargers for commercial building owners who provide charging services to customers or tenants.
▍ Musk: next year Tesla will produce a small number of humanoid robots for internal use, according to Zitong Financial News.
Tesla CEO Elon Musk said on Monday that Tesla will produce a small number of humanoid robots for internal use next year.
A few months ago, he announced that he would launch a humanoid robot by the end of 2024.
Musk said the company will achieve the number of robots by 2026.
Production, “hope” can be used by other companies.
In April, Musk said the Tesla robot, called Optimus Prime, would be able to perform tasks in the factory by the end of this year and could go on sale as early as the end of 2025.
Mr Musk has repeatedly failed to deliver on bold promises to Wall Street, such as telling investors in 2019 that Tesla would run the “Robotaxi” self-driving car network by 2020, but the launch of the Robotaxi has been postponed to October 2024.
▍ Porsche cut its full-year revenue forecast, Sina Financial News, Porsche lowered its full-year revenue forecast on Tuesday, saying that a shortage of aluminum parts may lead to the suspension of some models.
Revenue this year is expected to be between 39 billion and 40 billion euros (about $42.
5 billion to $43.
6 billion), down from the previous forecast of 40 billion euros to 42 billion euros, the company said in a statement.
Stuttgart Porsche (Porsche AG) announced today that it has updated its forecast for fiscal 2024.
As a result, Porsche now expects full-year 2024 sales of 39 billion to 40 billion euros (previously 40 billion to 42 billion euros) and a return on operating sales of 14% to 15% (previously 15% to 17%).
Porsche said in a statement that the shortage was due to the flooding of the production facilities of an important European supplier.
The company said the problem affected the aluminum parts used in all Porsche models.
Porsche will release its semi-annual results on July 24.
▍ US regulators launched an investigation into 150000 vehicles owned by Stellantis over power problems.
According to Zitong Financial News, the National Highway Traffic Safety Administration (NHTSA) said on Monday that it had conducted a preliminary assessment of about 150000 vehicles owned by Stellantis because of complaints that they lost power and caused the engines to shut down and restart intermittently.
NHTSA has received 80 such consumer complaints, involving the 2022 version of RAM 1500 pickup and the 2022 version of Jeep Wagoneer SUV.
▍ Korean electric vehicle sales in the United States increased by 46.
4% in the first half of this year compared with the same period last year.
According to a report released by the Korea Automobile Mobile Association (KAMA) on the 22nd, Korean electric vehicle sales in the United States in the first half of this year were 72528, an increase of 46.
4% over the same period last year, which is much higher than the growth rate of electric vehicle sales in the United States.
By brand, sales of Hyundai (including Genisse) increased by 32.
5% to 32592.
Kia increased 111% to 29251 vehicles.
▍ Renault CEO called on the European Union: it would be a serious strategic mistake to abandon the 2035 fuel vehicle ban altogether.
According to Gronghui, Renault CEO Luca De Meo said Renault is not on track to achieve 100% electric vehicles by 2035, adding that Renault must reduce costs if it is to achieve its electric vehicle target.
The recent EU election comes at a time when demand for electric cars is weak and there are growing calls for the lifting of the 2035 ban on the sale of diesel and gasoline vehicles, which will be reviewed in 2026.
De Meo, who is also chairman of ACEA, the European car lobby, said we needed a little more flexibility in the timetable, but added that it would be a serious strategic mistake to abandon this goal altogether just because of the current market slowdown.
▍ Audi’s new Q4 e-tron has been launched in overseas markets with a starting price of 45600 euros (about 340000 yuan), which is lower than that of the 40 series models, and the delivery of new cars is expected to begin as soon as the fourth quarter, according to the news that Audi’s new Q4 e-tron has been launched in overseas markets.
At the same time, the new domestic Audi Q435 e-tron model is also expected to be launched one after another before the end of the year, and the market price is expected to remain around 250000 yuan, and the naked car price may remain around 16-170000 yuan after the discount, which is also more cost-effective than Volkswagen ID.
4 models.
In terms of power, Audi’s new Q435 e-tron will be driven by a rear-drive single motor and provide 55kWh battery packs with a maximum output power of 125kW and a peak torque of 310N ·m.
At the same time, the new car will also support 145kW DC fast charging function, and will be able to complete 10% of the 80% electricity reserve in 25 minutes.
▍ demand fell short of expectations, and Ford admitted that its goal of electric vehicles in Europe was too aggressive.
According to the report of IT House on July 22, Ford Motor Company admitted that its previous European electric vehicle development goals were too aggressive.
Marlin Jaya, chief operating officer of the company’s electrification division, said in an interview that consumer demand for electric vehicles did not meet expectations, so Ford would re-evaluate its electric vehicle strategy in Europe.
Ford announced in 2021 that it planned to fully electrify European models by 2030.
However, a series of recent news suggests that the company is slowing down the process.
In May, Martin Martin Sander, Ford’s general manager for Europe, said fuel cars were likely to continue production after 2030.
Jaya cited the slowdown in the popularity of electric vehicles and rising costs as the main reasons for the adjustment plan.
Currently, Ford sells only two pure electric models, the Explorer EV and the Mustang Mach-E, in Europe, and the new Capri will go on sale later this year.
Production of the focus and Fiesta will be discontinued by mid-2025, when Ford will sell only the Tourneo, Mustang, Puma and Kuga.
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