EV Morning News| Chery Automobile promotes “14-dimensional cost reduction” and adopts “penetration management” for suppliers; BYD Equation Leopard 5 price cuts 50,000 yuan

▌ key news, ▍ Chery Automobile promotes “14-dimensional cost reduction” and adopts “penetration management” to suppliers.

According to the news of first Finance on July 29th, Chery Automobile recently issued 14-dimensional cost reduction measures within the company, synchronously requiring suppliers to follow up, including design optimization to reduce the number of parts, the use of integrated parts, reduce unnecessary processing, transshipment, and improve the qualified rate.

The use of new technology, new materials and new technology, the management of suppliers from the original management of first-tier suppliers to secondary and tertiary suppliers, vertical integration and so on.

Chery also demanded in the document that the cost reduction should not be relaxed at the same time.

In addition, Chery is also actively studying second-and third-level components to ensure product quality and consistency and look for optimization opportunities through the comparison and confirmation of actual material consumption and design data.

If Chery finds cheaper second-and third-tier parts suppliers or cheaper materials and processes, it will require first-tier suppliers to switch.

The report quoted a supplier as saying that Chery’s move was “generally benign” to force suppliers to pursue higher efficiency and quality, so as to systematically improve efficiency and reduce costs.

However, some dimensions are more “taken for granted”, such as the reuse of waste materials, there are already norms in the industry on how to use waste materials, and there is unlikely to be a bigger breakthrough.

The supplier said that due to the “price war” of the whole vehicle, all companies are studying how to reduce costs, and some of the measures adopted by some companies include reducing the use of materials and reducing some technological processes, but lead to quality problems in some models.

“the price war can force the whole industry chain to optimize the previous working mode, but it cannot break through the bottom line of quality and safety.

” ▍ BYD equation Leopard 5 price reduction of 50, 000 yuan, July 29, BYD’s equation Leopard announced the brand’s one-year refurbishment strategy, Leopard 5 price reduction of 50, 000 yuan to 239800-302800 yuan.

Leopard 5 officially went on sale on November 9, 2023, when the official guiding price was 289800-352800 yuan.

The latest figures show that since July, Leopard 5 has sold less than 300 units for two weeks in a row, nearly halving compared with June.

In the last five months, Leopard sold an average of about 2500 units in May, a big decline compared with the early days of the market.

EV Morning News| Chery Automobile promotes "14-dimensional cost reduction" and adopts "penetration management" for suppliers; BYD Equation Leopard 5 price cuts 50,000 yuan, at a recent brand mid-year communication meeting, Xiong Tianbo, general manager of equation Leopard, said that a hardline SUV without girders will be launched in the future.

The interior of ▍ Xiaopeng MONA M03 is about to appear on the market, with an expected price of 129800.

On July 29, news, the Internet exposed a spy photo of the interior of Xiaopeng MONA M03.

Although this car has been released on July 3, the interior has been kept secret, indicating that the market is imminent.

The Xiaopeng MONA M03 is an all-electric compact car with a maximum mileage of 620km, which will go on sale in August.

From the exposed interior pictures, the overall style of the car interior is simple and refreshing, similar to Tesla Model 3.

The air outlet is designed with a long strip, the center console is equipped with a large screen, and there is an air conditioning outlet at the bottom of the screen.

From the spy photos, there is no internal dashboard and head-up display equipment, it is expected that the vehicle driving information will be displayed on the central control screen.

It is worth noting that there is only one wireless charging board for mobile phones on the central handrail.

Looking back on the appearance of Xiaopeng MONA M03, the overall streamline shape is adopted, with a body size of 4780amp 1896x1445mm and a wheelbase of 2815 mm.

In terms of power, the new car will provide two types of motors, with a maximum power of 140 kilowatts and 160 kilowatts, with a range of 515 kilometers and 620 kilometers.

A salesman said that the price is expected to be 129800 yuan-159800 yuan.

, EV Morning News| Chery Automobile promotes "14-dimensional cost reduction" and adopts "penetration management" for suppliers; BYD Equation Leopard 5 price cuts 50,000 yuan, ▍ Yu Chengdong: the ADS 3.

0 version will be ushered in in August, with end-to-end integration capabilities.

According to news from IT House on July 29, at the ceremony for the unwinding of the 400,000 new cars in AITO, Yu Chengdong, managing director of Huawei, chairman of terminal BG, and chairman of smart car solution BU, said that the Qinjie series of models will welcome the launch of Huawei Qianwei ADS 3.

0 in August.

The upgrade push is expected to be launched one after another from August to September.

According to reports, Huawei dry ADS version 3.

0 has a fusion end-to-end capability, which will greatly improve the intelligent driving ability with the assistance of lidar.

Prior to this, Changan Automobile’s high-end smart electric brand Avita has announced that it will be one of the first brands to be equipped with Huawei Qianqi ADS 3.

0, while the upcoming launch of Hengjie S9 will launch Huawei ADS 3.

0 Smart driver.

According to reports, ADS 3.

0 adopts the new end-to-end architecture of GOD (General obstacle Identification) / PDP (Predictive decision Planning and Control), which can realize the NCA function of intelligent driving from parking space to parking space, and upgrade the omni-directional collision system of CAS 3.

0 at the same time, which can cover emergency braking and horizontal obstacle avoidance in more speed zones.

▍ reported that zero-running cars accumulated more than 30, 000 orders in July and added nearly 8000 new orders a week.

July 29 news, according to blogger @ Sun Shaojun 09, zero-running new orders last week were close to 8000, and this month’s cumulative orders exceeded 30000 “basically no problem”.

It is worth mentioning that the delivery of zero-running cars was 20116 in June 2024, entering the “20,000 Club” for the first time, a record high, up 52.

3 percent from the same period last year and 10.

7 percent from the previous month.

The cumulative delivery of zero-running cars reached 86696 in the first half of the year.

If the news is true, zero-running cars will continue to perform strongly.

The zero-running car went on sale on June 28th on the C16 six-seat SUV, which is available in an extended-range / pure electric dual-power version, starting at 155800 yuan.

Zero run C16 has been on the market for 48 hours and Dading 5208.

▍ Department of Natural Resources: support car companies to explore the intelligent network of automobile geographic information data collection, the first electric July 29 news, the Ministry of Natural Resources recently issued a notice on strengthening the security management of surveying and mapping geographic information.

It is mentioned that the exploration of the application of geographic information security is encouraged.

The relevant localities should rely on the intelligent network connection automobile “high precision map application pilot” and “vehicle road cloud integration” application pilot, on the premise of ensuring safety and compliance, support automobile enterprises and service units to explore safety compliance technical routes such as intelligent network connection automobile geographic information data collection, real-time update, online distribution and safe transmission, and speed up the development of standards and specifications.

Organize and carry out geographic information services and tests needed for high-level autopilot to promote the development and new application of geographic information new business type.

In ▌, ▍ AITO asked the 400,000th car and 70,000 M9 to be delivered.

According to news from Fast Technology on July 29th, Cyrus officially held AITO today to ask about the 400,000 new cars in the world.

With the launch of the car and the delivery ceremony of the 70,000 M9, it was announced that the 400000 new car was officially off the line, which means that the world has become the fastest offline 400000 new energy brand, setting a new industry record.

On July 19 this year, Hongmeng Zhihang announced that the cumulative total of the M9 had exceeded 110000, continuing to hold the title of more than 500000 model sales No.

1, and continued to create a luxury brand model sales record in the Chinese market.

▍ Lei Jun: Xiaomi Automobile aims to be the top five in the world and will be globalized at the right time, IT House reported on July 29.

During the 2024 Paris Olympic Games, Lei Jun came to France for the first stop of his European research and exchanged views with local rice noodles.

Some fans asked whether it was possible to buy Xiaomi SU7 in France, perhaps before 2030.

In response, Lei Jun said: “OK, our goal is the top five in the world, so we must globalize at the right time.

” Lei Jun said at a press conference held in the middle of this month that the target of 100000 Xiaomi cars for the whole year is expected to be completed ahead of schedule in early November.

With the increase in production capacity of Xiaomi SU7, delivery acceleration is progressing smoothly: so far, more than 30,000 units have been delivered.

▍ Lantu Automobile fourth Anniversary, a number of car companies celebrated its birthday.

On July 29th, CEO Lu of Lantu Automobile celebrated the fourth anniversary of the company on its personal account and published a letter paying tribute to every supporter of the Lantu brand.

In 131cities around the world, Lantu has set up 314 sales stores, built more than 900000 cooperative charging resources, and the service network covers more than 360cities, greatly improving the convenience of replenishing energy.

After the letter was released, many competitors, including Xiaomi, Huawei, Avita, ideal, BYD, the Great Wall, Qichen, Chery and Ian, forwarded it one after another to celebrate Lantu’s birthday.

▍ will recover some of its rights and interests in car models from August 1st.

Zero-running car response: do not know, internal verification, IT home July 29 news, today there is an online “zero-running car to car owners a letter” said, “in the heat wave of the car price war, zero-running car has also become a high-profile participant.

” Starting from August 1, zero-running cars will make major strategic adjustments to recover some of their rights and interests.

This decision is not a follow-up move, but a well-considered strategic layout.

Under the fierce competition of the price war, zero-running cars are always looking for a balance, not only to meet consumers’ expectations of performance-to-price ratio, but also to ensure the sustainable development of enterprises and product quality assurance.

” According to China Business report, Zero car responded to the news that it did not know about it and was in the process of internal verification.

On the 16th of this month, zero-running cars announced that the cumulative delivery of new cars had exceeded 400000.

Zero-running cars also said that with the start of delivery of C16 models, the overall delivery volume in the second half of this year is expected to maintain a new high momentum.

▍ exposed that all Mercedes-Benz electric cars are out of stock and will not accept bookings for the time being.

According to news from Fast Technology on July 29th, Mercedes-Benz’s electric car business policy has changed greatly.

At present, the brand’s 4S stores are cleaning up the inventory of electric cars, and more importantly, all electric cars are only sold on the spot, and bookings cannot be accepted when sold out.

Guangzhou, a number of Mercedes-Benz 4S store sales confirmed this statement, the current 40% discount Mercedes-Benz EQE has been unable to buy, but the store existing car EQB, EQS and other models, discounts are very big.

For the Mercedes-Benz EQB with a guide price of 350000 yuan, some stores quoted 180000 yuan, and the sales said that as long as it was a car in the store, the discount could be discussed.

Sales also revealed that the price war of Mercedes-Benz electric cars some time ago was a clearance operation supported by manufacturers.

Mercedes-Benz EQE was unsalable after its listing, and a number of long-aged models were accumulated on the market, so the discount was huge.

In addition, Mercedes-Benz manufacturers have also lowered their sales targets for Mercedes-Benz 4S stores.

In the future, all 4S stores may no longer be required to sell electric cars, and only some stores in each city may be able to obtain the right to sell electric cars.

However, due to the excessive price reduction, many Mercedes-Benz brand dealers have suffered operating losses.

In order to stop falling and return losses in time, Mercedes-Benz has begun to change its sales strategy in China and gradually recover price concessions.

According to the latest data, joint venture brands such as Honda, Dongfeng Nissan, Volkswagen, Toyota and GM are taking a series of measures to deal with the problem of overcapacity.

Honda, for example, plans to cut its annual production capacity of gasoline vehicles in China from 1.

49 million to 1.

2 million, and close or shut down some factories.

Dongfeng Nissan also announced the closure of its plant in Changzhou, Jiangsu province, reducing production capacity by 120000 vehicles.

Falling sales and production cuts suggest that overcapacity has become a real challenge for joint venture brands.

Volkswagen, for example, has an annual capacity of more than 5 million vehicles at 39 factories in China, compared with sales of 3.

07 million in 2023, meaning capacity utilisation is only 56.

6 per cent.

Similarly, Toyota’s total production capacity in China is about 2.

42 million vehicles, while sales are 1.

7 million and capacity utilization is about 70.

2 per cent.

Honda has the highest capacity utilization, at 77.6%. In sharp contrast, there are no obvious signs of overcapacity for domestic brands such as Geely and BYD.

, EV Morning News| Chery Automobile promotes "14-dimensional cost reduction" and adopts "penetration management" for suppliers; BYD Equation Leopard 5 price cuts 50,000 yuan, ▌ International, ▍ Tesla replaced Ford as the preferred US auto stock for Morgan Stanley, which offered a target price 40% higher than the current share price.

Tesla has replaced Ford as Morgan Stanley’s preferred US auto stock.

Adam Jonas, an analyst at Morgan Stanley, and his team are optimistic about Tesla’s prospects, setting a target price of $310, suggesting there is 40 per cent room for the share price to rise.

They believe that Tesla has made progress in the expected control of the automotive business and that the emerging drivers of the company’s value have performed strongly.

Jonas highlighted Tesla’s potential monopoly in the zero-emission vehicle (ZEV) points market, as well as his growing recurring service income.

▍ Musk: the FSD function is expected to be available to Cybertruck next month.

On Sunday, local time, Musk revealed at X Takeover Live that the latest version of FSD (Supervised) v12.

5 will be available for Cybertruck in mid-August.

In fact, Musk said as early as May that he would release FSD v12.

5 for Cybertruck.

Although he claimed that the version would be launched at the end of June, he also said that “Cybertruck FSD will take a few more months.

” Tesla began launching FSD V12.5.1 for some non-employee vehicles last Friday, but Musk said that in the early days of v12.

5The version is only available to HW4-based Model Y models and then promoted to other models.

,丨 Volkswagen plans to adopt Rivian technology and software after 2025, including Audi, Lamborghini and other brands.

IT House reported on July 29 that German auto giant Volkswagen Group announced in June that it would invest 5 billion US dollars in American electric vehicle startup Rivian Automotive (currently approximately 36.

339 billion yuan) and jointly established a joint venture.

Details of the cooperation between Volkswagen and Rivian are now further revealed.

This cooperation mainly focuses on software, domain control and network architecture.

Volkswagen will switch to Rivian technology and software from 2025 to 2030.

Rivian CEO RJ Scaringe emphasized that other areas such as batteries or electric drive technology are not within the scope of cooperation.

In the future, Rivian will provide software support for all Volkswagen brands, including Porsche, Audi, Lamborghini and other brands that will use Rivian’s standardized infrastructure, which will reduce the number of control units per vehicle from 70-80 to only 7.

In addition, brands such as Porsche, Audi, Lamborghini, Bentley and Volkswagen will all use the same Rivian infrastructure.

According to the official introduction, the new company will be clearly separated spatially and organizationally from Volkswagen’s “core business”, maintaining Rivian’s agile culture and rapid decision-making process.

Scaringe said Rivian products could be negatively affected by such organizational changes.

The new company is jointly managed by Rivian CTO-CEO and Volkswagen’s operations co-CEO, and Scaringe and Volkswagen CEO Blume make direct decisions when problems arise.

On July 29, the German Competition Authority announced that it had approved Volkswagen’s application to establish a joint venture with Rivian.

The joint venture will focus on the development and production of electric trucks to cope with the growth of market demand.

,丨 Apple will release artificial intelligence features in October.

On July 29, according to a report released by the media, Apple’s latest artificial intelligence features will be launched in October, later than the first release of iPhone and iPad software updates.

Concerns about its stability and the need for more extensive testing led Apple to decide to separate the Apple Intelligence feature from its original iOS release, the report said.

The company has previously said that a beta version of its Al feature will be released this fall, a move that is expected to help sales of its new iPhone.

Some of the Apple Intelligence features Apple has promised, such as integrated ChatGPT and Siri improvements, are expected to be released later this year.

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