▌ news, ▍ polar krypton second-quarter results to achieve a turnaround, August 21, polar krypton officially released the second-quarter results of 2024.
According to the financial report, the operating income of polar krypton in the second quarter exceeded 20 billion yuan, a record high for a single quarter, an increase of 58 percent over the same period last year, an increase of 36 percent month-on-month, and a gross profit margin of 17.
2 percent.
In the second quarter, polar krypton realized vehicle sales revenue of 13.
4 billion yuan, an increase of 59% over the same period last year, an increase of more than 64% month-on-month, and a gross profit margin of 14.
2%, up 0.
6% from the same period last year and 0.
2% from the previous year.
Polar krypton delivered a total of 54811 new cars in the second quarter, up 100 per cent from the same period last year, and 87870 in the first half of the year, an increase of 106 per cent over the same period last year.
By the end of July, polar krypton had delivered more than 300000 units in 33 months.
In addition, polar krypton invested 2.
62 billion in R & D in the second quarter, an increase of 90% over the same period last year and 36% month-on-month growth, with a cumulative R & D investment of 21.
52 billion yuan.
In addition, Geely, the parent company of polar krypton, released its first-half results, with operating income of nearly 35 billion yuan in the first half, an increase of more than 60 percent over the same period last year.
After excluding the impact of share payments under Hong Kong accounting standards, the net loss of extreme krypton narrowed sharply to 70 million yuan in the first half of the year, turning a loss into a profit in the second quarter.
▍ Xiaomi Motor made a net loss of 1.
8 billion yuan in the second quarter.
On Aug.
21, Xiaomi Group released the latest financial data, showing that in the second quarter of 2024, Xiaomi Group’s total revenue was 88.
89 billion yuan, an increase of 32.
0 percent over the same period last year, and its adjusted net profit was 6.
2 billion yuan, up 20.
1 percent from the same period last year.
In addition, Xiaomi Group has cash reserves of 141 billion yuan.
It is worth noting that in the second quarter of this year, the revenue of the smart electric vehicle business and other innovative businesses was 6.
4 billion yuan, accounting for 7.
2% of the total revenue.
the adjusted net loss was 1.
8 billion yuan.
and the gross profit margin of innovative businesses such as smart electric vehicles was 15.4%. In the same period, the gross profit margin of Xiaomi mobile phone × AIoT business was 21.
1%, and that of the group as a whole was 20.7%. As for the reason why Xiaomi lost 1.
8 billion yuan in the second quarter, Lei Jun, founder, chairman and CEO of Xiaomi Group, said, “it is still in the stage of high investment.
” ▍ BYD increases subsidies for Han and Tang cars.
We know from BYD official that BYD Dynasty Network launched the latest replacement subsidy policy for Han and Tang family models.
State subsidy + factory department can enjoy 28000 yuan subsidy, in addition, it also provides financial policies such as 0 down payment, 0 interest, 0 month payment and so on.
It is reported that users can enjoy the above rights and interests if they complete the purchase and invoice before 24:00 on September 30, 2024.
Specifically, users who replace Han and Tang family models can enjoy up to 20, 000 yuan of state subsidies and 8000 yuan of BYD subsidies.
At the same time, you can also enjoy financial policies such as a minimum down payment of 0, up to a 5-year long loan, 40% down payment, 24 periods of 0 interest, 50% down payment, 50% of the final payment, 0 interest per year, monthly payment and other financial policies.
, ▌ domestic, ▍ Geely Holdings released the 2024 semi-annual report, an Conghui: the annual model 001,007,009 iterative models will not be launched within a year, the first electric news, on August 21, Geely Automobile today released its 2024 semi-annual report, the first half of the year operating income of 107.
3 billion yuan, an increase of 46.6%. profit attributable to shareholders 10.
6 billion yuan, a year-on-year increase of 574.7%. deducted profit attributable to non-shareholders 3.
37 billion yuan, an increase of 114% The net cash level rose 25.
4 per cent year-on-year to 35.
7 billion yuan.
gross profit margin reached 15.
1 per cent.
On the sales side, total sales in the first half of the year totaled 956000 vehicles, an increase of 41 per cent over the same period last year.
Sales of new energy models were 320000, up 117% from the same period last year.
At Geely’s 2024 interim results conference, an Conghui, president of Geely Holdings Group and CEO of polar krypton intelligence technology, said that the new polar krypton 009 and 2025 polar krypton 001 and polar krypton 007 have no annual iteration plan for the following year from the date of product release.
An Conghui also predicted the delivery time of polar krypton 7X and MIX.
In the second half of this year, polar krypton will launch two new cars, of which the polar krypton 7X will make its world debut at the Chengdu auto show at the end of August and is expected to be released at the end of September.
Polar krypton MIX will be officially released in the fourth quarter.
Polar Krypton’s first new flagship SUV model with Thor chips is expected to be launched in the third quarter of 2025.
In addition, Geely also released a list of new products planned to be delivered in the second half of the year.
Geely also plans to deliver Geely Star wish, a Galaxy plug-in SUV and Lecker Z10 in the second half of the year.
It is reported that Geely is expected to make its debut on September 3 against BYD seagulls.
▍ Avita 07 debut Avita Kunlun extended range release, Automotive Home News, August 21, Avita Technology officially released the extended range technology-Kunlun extended range.
The extended range system will also be the first to carry the Avita 07 model.
The Kunlun extended range system will have a thermal efficiency of 44.
39%, with a compression ratio of 15:1, ≥ 3.
63kWh/L oil-to-electric conversion.
It will also be equipped with 231kW’s seven-in-one rear electric drive, with the peak power of 100kW.
At the same time, 52.
4kWh Shenxing 4C super hybrid battery ushered in the debut, will be officially mass-produced next year.
Kunlun extended range system will be equipped with 39kWh Shenxing battery, 30-80% charging time is 15 minutes, CLTC pure electric battery 245km, comprehensive mileage 1152km.
In 2025, 52.
4kWh Shenxing 4C battery will also be used, 30-80% charging time is 10 minutes, CLTC pure battery life 325km, comprehensive mileage 1220km.
According to officials, the acceleration time of the Avita 07 four-wheel drive version with Kunlun extended range is 4.
9s for full charge and 5.
8s for feed zero, and the maximum speed of full charge and feed is 190km/h.
Starting from 700000 yuan, ▍: Avita 012 luxury sedan starts pre-sale, with a global limit of 700.
according to news from IT House on August 21, Avita held a press conference today to launch the “limited joint edition future smart luxury car” Avita 012, with an advance price of 700000 yuan.
Buy a car and give it a Dior package with a limit of 700units.
At the same time, Avita 012 also welcomed nine of the world’s first car owners, one of whom is two-time Grand Slam champion Li Na.
After Shanghai, ▍ won the L3 autopilot test license on Hangzhou High Expressway.
According to news from IT House on August 21, Ji Krypton announced today that after Shanghai, Haohan Zhiji has been granted Hangzhou High Expressway L3 autopilot test license to start the L3 autopilot test.
In June this year, Ji Krypton Zhiji won the L3 autopilot test license on Shanghai High Expressway, and has obtained a 100% pass rate in 7 scenarios and more than 30 subjects.
Prior to this, Polar Krypton has a high-precision map-based auxiliary driving system NZP, which realizes the functions of automatic on-ramp, cruise, lane change, interworking and switching based on navigation path in high-speed and urban expressway scenarios, reducing medium-and long-distance driving fatigue through remote push software.
Gradually open.
Polar krypton NZP can not only recognize traffic light information, but also realize seven core functions: active lane change, lane change by navigation, automatic ramp, correct selection of bifurcation, intelligent detour in construction, lane change by pole, and simulated environment display.
According to ▍, two senior executives of the intelligent cockpit business of Geely Research Institute and Yijiatong changed positions.
On Aug.
21, according to a report later on Auto, an executive adjustment was made for the intelligent cockpit business within the Geely Group system.
Du Ping, executive vice president of Yijiatong, and Xia Huan, vice president of Geely Automotive Academia Sinica, exchanged business.
Du Ping was transferred to Geely Research Institute, and Xia Huan joined Yijiatong.
At present, Geely’s adjustment to the intelligent cockpit business has not yet been finally completed.
Du Ping is one of the leaders of Yijiatong’s cockpit business.
He joined Yijiatong in 2020 and was in charge of smart car product development and delivery division.
Yijiatong is an intelligent car supplier, with Li Shufu and his family holding more than 50 per cent and chairman Shen Ziyu 7.
2 per cent.
Xia Huan serves as vice president of Geely Research Institute, director of intelligent cockpit and cloud platform center, and is in charge of intelligent cockpit.
Geely Academia Sinica is Geely’s internal “technology center”.
While they excavate and pre-research supply chain innovation projects and cutting-edge technologies, they will also export capabilities to Volvo, Lutes, Polar Star and other Geely brands.
The latest progress of judicial pre-restructuring of ▍ Gaohe Automobile: the two institutions have the intention to invest.
On August 20, the interim manager of China Express (Jiangsu) Technology Co., Ltd. issued a progress announcement on the recruitment of investors in the pre-reorganization case.
According to the announcement, the deadline for registration for investors in common debt is August 31, 2024.
As of the date of this announcement, two companies have submitted application materials to investors.
More than a dozen other organizations have conducted telephone consultations.
At the same time, after a preliminary investigation by the temporary manager, it is found that there is a highly integrated operation between Chinese American Express Holdings (Shanghai) Co., Ltd. and Chinese American Express (Jiangsu) Technology Co., Ltd., in order to safeguard the fair settlement interests of creditors, it is proposed to apply to the people’s Court of Yancheng Economic and technological Development Zone for the merger and pre-restructuring of the two companies.
According to the recruitment announcement for investors in the pre-restructuring case of the Chinese Express Jiangsu Company issued by the interim manager, the company expects the total amount of loans to be no more than RMB 300 million, and the enterprises participating in the registration are required to pay a deposit of 5 million yuan, and the intended investors are also required to pay an investment deposit of 20 million yuan after the completion of the adjustment.
▍ Wei school brand new blue mountain listed: 1.
5T+DHT+P4 powertrain, 299800, August 21 news, the new Wei brand blue mountain has been officially launched on August 21, this medium and large SUV launched a total of two equipped models: smart Max version, price 299800 yuan.
smart drive Ultra version, price 326800 yuan.
It is reported that Lanshan adopts a six-seat layout, equipped with a Hi4 performance version power system composed of a 1.
5T engine and dual motors, as well as a lidar, which significantly improves the intelligent level of the vehicle.
In terms of body size, the length, width and height are 5156, width and height respectively, and the wheelbase is 3050 mm, which is consistent with the models on sale.
In intelligent configuration, the new Blue Mountain is equipped with 128-line lidar, 3 millimeter wave radar, 12 ultrasonic radar and 11 high-definition visual perception cameras, with a total of 27 auxiliary driving sensors.
Match Nvidia Orin-X smart driving chip, equipped with Coffee Pilot Ultra intelligent driving system, achieve non-map full scene NOA, automatic parking and other functions.
, ▍ sold 2025 Xingtuxing era ES from 215900, Auto House news, August 21, 2025 Xingtuxing era ES (parameters | inquiry) officially launched, a total of 5 models were launched, the price range is 19.
59-299900 yuan.
Limited launch of an international version of Epoch ES, with an official price of 195900 yuan and a limited sale of 1000 vehicles.
As an annual revamped model, the new car will add exterior and interior colors, upgrade the configuration, and devolve the lidar to the mid-range model.
In terms of body size, the new car is 4945/1978mm in length and width, 1467mm in height (with air suspension) or 1480mm (without air suspension), and 3000mm in wheelbase.
The official also announced that it would immediately order up to 39000 yuan worth of time-limited car purchase rights, including: passenger car zero-gravity seat time-limited free upgrade, time-limited optional package fund, special edition car paint optional fund, the first car owner lifetime warranty, this product 6000 yuan replacement subsidy / non-this product replacement subsidy 5000 yuan and so on.
The new car is equipped with a NEP intelligent driving assistance system, covering high-speed / city / parking, Xinghe AI cockpit and Lion AI large model voice assistant, which further enhances the intelligence and convenience of the driving experience.
, 
, ▍ blocked by Southern Power Grid: great Wall Motor apologizes, Fast Science and Technology August 21 news, this morning, Great Wall Motor released “Great Wall Automobile Co., Ltd. Notice No.
009 on the supply chain platform of Southern Power Grid” to apologize for the related incident.
Great Wall Motor said: in the tender in November 2022, our company won the bid for 35 tank 500 models.
Due to negligence in the process of vehicle delivery, there is a difference between the deliverable and the subject matter.
After discovering the problem, after confirming with the Southern Power Grid, we have compensated the difference and sincerely apologize for the inconvenience caused to the Southern Power Grid.
The person in charge of ▍ Shandong Simon Automobile suspected to have run away, and his confession was circulated online: do not want to be an old Lai, Qilu Evening News reported that in the early morning of August 21, in the comment area of the short video account of “Shandong Simon Automobile sales Co., Ltd.”, a confession suspected to be the head of the company du spread.
The article shows: “do not want to become a rogue, but due to the inability to repay the high interest and principal, the company has been unable to support.
” On August 21, the writer came to Tongda Road Store of Shandong Simon Automobile sales Co., Ltd. A lot of people have gathered in front of the company’s hall, most of them are car owners who have paid the deposit but have not mentioned the car, some of them are businessmen who have economic relations with the company.
“I ordered a car from Simon Automobile sales Co., Ltd. last week.
I saw that the time to pick up the car was almost up.
After I followed the information on the Internet in the early morning, I came to have a look at it this morning.
” The owner, Mr.
Wei, said that the staff of the company registered his information, but did not reply to the specific delivery information.
The clerk asked the store staff where the person in charge was going, and the staff said that du, the person in charge, had arrived in Thailand on the evening of August 20, and they could not contact du at present, and it was not clear whether he would return home or when. “I.We haven’t been paid for three months, and now we are in a hurry.
” The staff said.
▍ Penghui Energy announced a “major breakthrough” in all-solid-state batteries, which made its debut on August 28.
According to news from IT House on August 21, Penghui Energy announced today that all-solid-state batteries will usher in a “major breakthrough”, which will be broadcast live at 14:30 on August 28.
Guangzhou Penghui Energy Technology Co., Ltd. was founded in 2001, with a registered capital of 420 million yuan, is an enterprise specializing in lithium battery manufacturing and research and development.
The company has previously launched LTSC cryogenic batteries, two-wheeled large cylindrical batteries HOME-II series and so on.
At present, the major battery manufacturers are in the field of solid-state batteries.
SAIC aims to produce all-solid-state batteries in 2026.
Ningde Times says it is expected to produce all-solid-state batteries in small quantities in 2027, and the energy density is expected to continue to increase.
, ▌ International, ▍ Trump: can provide incentives for Chinese brands to produce in the United States, Smart Electric Travel News, since Donald Trump said he may cancel a $7500 federal electric vehicle tax credit, although he recently changed his position on electric vehicles after strong support from Tesla CEO Elon Musk Elon Musk.
“tax credits and tax incentives are usually not a good thing, and I won’t make any final decisions about it,” Donald Trump told Reuters.
I like electric cars very much, but I also like gasoline-powered cars, hybrids and other cars that follow.
” Although Trump gave no assurances about the future of the electric vehicle tax credit, he said he would repeal the rules imposed by the Biden administration.
The rule will force automakers to produce more electric vehicles and plug-in hybrid vehicles to meet stringent emission standards.
Stop Chinese carmakers from building factories in Mexico and then export their cars to the United States.
It is worth mentioning that the former president is open to Chinese automakers selling cars in the United States, but he insists that they must also produce locally.
And then said: “We will provide incentives, if China and other countries want to come here to sell cars, they will build factories here, hire our workers, we will produce our own cars.
” I want to make my own car.
” Three months after the start of ▍, Tesla and Tao Lin said that the progress of the Shanghai Energy Storage Super Factory had reached 45%.
August 20 is the fifth anniversary of the new Hong Kong area of the Shanghai Free Trade Zone.
Tesla Global Vice President Tao Lin announced the latest progress of Tesla Shanghai Energy Storage Super Factory while celebrating.
According to its introduction, Tesla’s first energy storage superfactory outside the United States (Shanghai Energy Storage Super Factory) is also stepping up construction, with progress of about 45 per cent.
According to previous reports, Tesla Shanghai Energy Storage Super Factory officially opened on May 23 this year and is expected to be put into production in the first quarter of 2025.
After it is put into operation, the output of super-large electrochemical commercial energy storage system Megapack will reach 10,000 units, with an energy storage scale of nearly 40 gigawatt hours.
Tesla Shanghai Energy Storage Super Factory is located in Shanghai Lingang New District, covering an area of about 200000 square meters, and the factory is close to Tesla Shanghai Super Factory.
▍ Tesla Cybertruck lifted resale restrictions, and car owners did not worry about fines for free trading.
First Electric News, on August 21, Tesla made an important adjustment to his Cybertruck sales policy, abolishing the previous restrictions on vehicle resale.
Prior to this, Tesla stipulated that owners who buy Foundation Series Cybertruck are not allowed to resell their vehicles within one year of picking up their cars.
if they violate the rules, they will face a fine of up to 50, 000 US dollars, and may lose their qualification to buy Tesla’s vehicles in the future.
This policy has aroused widespread discussion and doubt in the market.
With the expansion of Tesla’s Cybertruck production and sales, car buyers can now purchase Cybertruck directly from Tesla’s online order configurator without booking and no longer subject to resale restrictions.
The strategy adjustment comes at a time when Tesla’s superfactory in Austin, Texas is ramping up Cybertruck production.
In the past two months, the Cybertruck has become the best-selling electric car in the US price range above $100000.
Tesla’s move to lift resale restrictions not only provides greater freedom for car owners, but also reflects the company’s confidence in the performance of the Cybertruck market.
▍ EU approved 5 billion euros for Germany to subsidize the construction of chip factories, according to Zitong Financial News, the European Commission approved a national aid program totaling 5 billion euros on the 20th to support European semiconductor manufacturing companies to build and operate a chip manufacturing plant in Dresden, Germany.
European Semiconductor Manufacturing Company is a joint venture jointly invested by TSMC, Bosch, Infineon and NXP.
The European Commission said in a communique on the same day that the aid program will enhance Europe’s supply security, resilience and digital sovereignty in the field of semiconductor technology, while promoting Europe’s digitization and green transformation.
The project, which supports the construction and operation of a chip plant in Dresden, aims to meet the needs of automotive and industrial applications, according to a plan reported by Germany to the European Commission.
The plant is scheduled to be fully operational in 2029 and is expected to produce 480000 wafers a year.
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