▌ News, ▍ Great Wall Motor closes its European headquarters, Automotive Business Review, May 30, 2024, Great Wall Motor Germany Co., Ltd. held a general meeting, announced the closure of the office, and will terminate all employment contracts on August 31, 2024.
Great Wall said it was “sorry to make this difficult decision” and that to this end, “Great Wall’s European parts warehouse will be relocated from Nuremberg in Germany to Amsterdam in the Netherlands, doubling the size of the warehouse and providing the best service to customers in Europe”.
According to the Frankfurt newspaper (FAZ), Chinese carmaker Great Wall Motor (GWM) decided to lay off all its European employees because of poor sales in Europe, which sold a total of 6300 units last year.
GWM’s European headquarters in Munich will be closed at the end of August and the business will be taken over by its Chinese headquarters.
About 100 employees in Munich were reported to have received dismissal notices on Tuesday.
FAZ reported that GWM faces “huge losses” in the European market, mainly because of weak demand for electric vehicles.
Great Wall also pointed out that the EU’s planned import duties on electric vehicles from China may come into effect in July, which will make it more difficult to control losses.
Nevertheless, GWM said it has no plans to withdraw from the European market, and although it has stopped further expansion, the company intends to continue to sell cars in Germany and several other European countries and guarantee warranties and spare parts supplies.
Germany’s distribution partner is Emil Frey, a car dealership group, which says business will proceed normally.
GWM is likely to import cars from China, including those powered by internal combustion engines, to Europe in the future, as they are not affected by the new EU special tariffs.
It is reported that on November 22, 2021, Great Wall officially set up its European headquarters in Munich, Germany, as the center to explore the continental European market.
In early October 2023, the European Commission officially launched a countervailing investigation into electric vehicles from China.
Due to the large number of companies involved, the European Commission adopted a sampling method to determine the final investigation target.
On October 25, local time, the European Commission announced that BYD, SAIC and Geely would be selected as target companies.
According to the law, the EU can impose temporary tariffs within nine months after the commencement of the investigation, that is, June 2024, and the final tariffs or measures can be imposed within at least four months or at most 13 months after the investigation begins, that is, the results need to be given no later than November 2024.
It is reported that the European Commission will announce a preliminary decision on possible temporary tariffs on electric vehicles imported from China on June 5, 2024 local time.
At present, cars imported from China are subject to a 10% EU tariff, and opinions are divided on how much the EU tariff on Chinese cars will rise.
According to a comprehensive understanding of the Automotive Business Review, the current forecast range is about 30%, 40% and 50%.
▍ China will invest about 6 billion yuan to encourage all-solid-state battery research and development.
According to China Daily, China may invest about 6 billion yuan in all-solid-state battery research and development, including Ningde Times, BYD, FAW, SAIC, Weilan New Energy and Geely.
The project encourages qualified enterprises to carry out research and development of technologies related to all-solid-state batteries.
After strict screening, it is finally divided into seven major projects, focusing polymers and sulfides and other different technical routes.
Since April, the industrialization of all-solid-state battery in China has accelerated, and a number of enterprises have announced the R & D trends and mass production schedule of all-solid-state battery.
On April 11th, Qingdao Institute of Biological Energy and process, Chinese Academy of Sciences, made new progress in sulphide electrolyte research, and the research team is preparing the molding production line of 20Ah sulphide all-solid-state battery, with a view to taking the lead in realizing mass production of all-solid-state sulphide battery in 2026.
On April 12, Guangzhou Automobile Technology Day, GAC launched all-solid-state battery technology, which is expected to be installed in Haopin model in 2026.
The person in charge said that the development of all-solid-state batteries is as difficult as climbing Mount Everest and requires breakthroughs in materials, design, manufacturing and integration.
On April 28, Wu Kai, chief scientist of Ningde Times, said at a seminar on advanced battery cutting-edge technology that the goal is to produce all-solid-state batteries in small quantities in 2027.
On May 24, SAIC announced at its new energy technology conference that based on the technology route of polymer-inorganic composite electrolyte, the first all-solid-state battery production line for Shangqi Qingtao has been established and is scheduled to be completed by the end of 2025 and officially mass-produced in 2026.
▍ State Council: gradually abolish restrictions on the purchase of new energy vehicles, the State Council issued the 2024-2025 Action Plan for Energy Saving and carbon reduction, which mentioned speeding up the phase-out of old motor vehicles and raising access standards for energy consumption limits for operating vehicles.
We will gradually abolish restrictions on the purchase of new energy vehicles in various places.
We will implement support policies such as facilitating the passage of new energy vehicles.
We will promote the electrification of vehicles in the public domain, promote new energy medium and heavy trucks in an orderly manner, and develop zero-emission freight fleets.
We will promote the scrapping and renewal of old transport ships and promote the pilot project of electrification of coastal inland river ships.
By the end of 2025, the intensity of carbon dioxide emissions in transportation will be 5% lower than that in 2020.
▍ BMW reduced the burden on national 4S stores: 3% price discount, halved the storage fee for vehicles stranded in Hong Kong, the first electric news, May 29 news, according to Sun Shaojun, founder of car Fans, BMW suddenly sent a letter to all dealers and stores, in view of the market background and the huge impact of domestic brands, decided to give BMW 4S stores a number of substantial subsidy relief policies.
Deduction policies include: 3% price discount (which can be paid in advance).
helping to ease the pressure on cash flow.
reducing the annual interest rate of liquidated damages for overdue payment to 2.5%. and reducing the storage fee for vehicles stranded in Hong Kong by 50% (retroactive to January 1, 2024).
Sun Shaojun also said that Porsche is not the only one hit, BBA (Mercedes-Benz, BMW, Audi) may face greater and more serious pressure.
According to previous reports from first Electric, three Porsche dealers in China disagreed with this year’s sales mission and asked Porsche China to compensate for the loss on the sale of new cars.
The demands were not properly resolved because the three companies protesting were not Porsche’s core dealers in China.
Subsequently, Porsche China issued a joint statement with all authorized dealers, saying that it would work with dealers to find “effective ways” to actively respond to market changes.
▍ enjoy S9, ask the new M7 Max refurbished version on May 31st, the first electric news, 5March 29 news, Hengjie Automobile officially announced that “Hongmeng Zhihang’s first executive luxury flagship car” Huan Jie S9 will be unveiled on May 31, when there will be a new M7 Max refurbished version.
Huawei Technology Co., Ltd. has transferred its “Hengjie” trademark to BAIC New Energy Automobile Co., Ltd.According to the information of the Ministry of Industry and Information Technology, the body size of Hengji S9 is 5160mm × 1987mm × 1486mm and wheelbase 3050mm respectively.
The Hangjie S9 is positioned as a D-class car with flatter, longer lines and more elegant proportions.
The new car uses the Inside-Out internal and external design, a new integrated body ratio, to maximize the cockpit space, cabin available space up to 3460mm, known as the standard Mercedes-Benz S-Class, BMW 7-Series, Audi A8L and other products.
In terms of power system, the Hengjie S9 is equipped with motors provided by Huawei Digital Energy Technology Co., Ltd., and will provide both single-motor and dual-motor versions, of which the single-motor version has the peak power of 227kW, and the dual-motor version has the peak power of 158kW and 227kW, respectively.
In other parts, in addition to traditional colors such as black and white, the car also provides two “universal color systems” of OneWorld Red and Xinghui Gold, and it also uses pure flat side windows, streaming media rearview mirrors, luxury forging and milling wheels and other designs.
▍ ‘s smarter tanker, Tuguan L Pro, goes on sale today, according to Auto House.
Tuguan L PRO will be officially launched tonight (19:00-21:00 on May 30).
In response to competition from new energy and new power carmakers, the new car will be armed to the teeth with rich driving and comfort features.
Compared with the current model, the appearance of the new car has become younger and sporty, the overall front face of the car adopts the latest family design style, and the chrome-plated middle net runs through the whole front, showing a lot of tension.
▌ domestic, ▍ Geely: Raytheon engine has the highest thermal efficiency of 46.
1%, who is the highest in the world? As a matter of fact, on May 29th, BYD released the fifth-generation DM hybrid last night, which officials say has achieved three “best in the world”, one of which is the world’s highest engine thermal efficiency of 46.06%. However, this morning, Xu Dongwei, general manager of Geely Automobile Group Brand user Communication Center and deputy general manager of Geely Automobile sales Company, issued a CNAC certification certificate, saying: “Geely Raytheon engine has been certified by CNAC in 2023.
The highest thermal efficiency is 46.
1%! The highest facts in the world have the final say! ” Geely’s official account later forwarded the Weibo post, saying that “the highest facts in the world are in charge.
” However, Geely’s engine is not yet in mass production and is scheduled for mass production in 2025.
Geely mass-produced the new generation of Raytheon electric hybrid engine BHE15Plus in February last year, with a thermal efficiency of 44.26%. Li Yunfei, general manager of BYD Group Brand and Public Relations, just seemed to respond to the matter: “Mass production, mass production!” Important things are to be repeated for 3 times.
Do not play virtual, release is mass production! Go public and deliver! ” ▍ Xiaomi denied the rumor that “Xiaomi acquired Evergrande”.
The first electric news was that recently, Xiaomi wanted to acquire a 58.
5% stake in Evergrande.
On the reasons for the acquisition, NetEase @ clearly Liuxiang said that it was mainly because Xiaomi SU7 sales were booming, while Xiaomi Beijing plant phase 1 and phase 2 had a total production capacity of 300000 vehicles, in order to better promote the production capacity of Xiaomi SU7 and prepare for mass production of the second SUV model.
Xiaomi plans to use Hengchi’s Tianjin plant to rapidly expand production capacity.
Xiaomi responded that we have not heard of this, we are currently actively expanding production capacity, Xiaomi No.
2 factory has also been broken ground.
In fact, as early as the year Xiaomi announced the construction of the car, it was rumored that Xiaomi would buy a 65% stake in Evergrande.
Since then, Xiaomi has denied rumors of negotiating to sell its stake in Evergrande at the end of 2023.
▍ Sun Yuchen: only Tesla, BYD and Huawei survived on the license plate table.
Sina Science and Technology News, news in the evening of May 29th, recently, Weibo launched audio podcast function, famous blogger @ Hua Zong lost his golden hoop stick to release the first audio program “Open mouth” and had a two-hour conversation with wave field founder Sun Yuchen.
The content of the conversation was exclusively online on Weibo.
In the dialogue, Sun Yuchen said, “now in the field of car building, there is still a question mark over whether the ideal Xiaopeng will survive.
Only Tesla, BYD and Huawei will survive.
” Sun Yuchen suggested, “Jia Yueting can quickly do three light business, light assets, light business, light operation.
” At the same time, he believes that if Jia Yueting wants to win the trust of investors and restore people’s confidence, he needs to make his finances as transparent as possible.
According to the website of the Ministry of Industry and Information Technology of ▍, the Ministry of Industry and Information Technology plans 100 million dedicated numbers for vehicle networking to support the development of Intelligent Network connected vehicles.
According to the website of the Ministry of Industry and Information Technology, in order to implement the deployment requirements of the government work report, such as “consolidating and expanding the leading advantages of new energy vehicles and other industries such as intelligent network connection” and “boosting the bulk consumption of new energy vehicles and electronic products,” actively support the high-quality development of China’s intelligent network connection vehicles and vehicle networks.
The Ministry of Industry and Information Technology plans 100 million 11-digit public mobile communication network numbers dedicated to vehicle networking services.
Intelligent Internet connected vehicles rely on the Internet of things network card equipped with a special number of vehicles to connect to the 4G/5G network, which can support various functions such as data communication between vehicles and car companies, daily Internet entertainment of vehicle personnel, and voice communication of vehicle personnel rescue and road rescue in case of emergency, ensuring the safety of users and bringing rich car experience.
In the next step, the Ministry of Industry and Information Technology will, in accordance with the procedures, assign special numbers to the relevant basic telecommunications enterprises, constantly improve the management level of code resources, continuously track the development trend of the industry, and supplement code resources in a timely manner.
give full play to the enabling role of the information and communications industry, and support the high-quality development of intelligent network-connected automobile and vehicle networking services.
▍ BYD has successfully registered the DM-i trademark, according to media reports, BYD’s fifth generation DM hybrid technology was released on the evening of May 28th, first built on the new Qin L DM-i and Seal 06 DM-i models.
According to reports, BYD’s fifth-generation DM hybrid technology consumes only 2.
9 liters of electricity for 100 kilometers.
All applications were made in July last year.
It is worth mentioning that the company had previously applied for the trademark “DM-i Super Hybrid” and “DM-p King Hybrid”, but all of them were rejected.
In addition, in 2008, when BYD first launched the DM hybrid system model, the company applied for the transportation “DM Dual Mode” trademark, which was successfully registered in 2011.
▍ exposed that the inventory of the old Ford electric horse is overstocked: internal employees can pick up cars at a price of 160000.
Fast Technology reported on May 29th that although Ford electric horses sell well in the American market, they obviously encounter problems in China, and it is always difficult to enter the mainstream consumer market.
According to domestic media reports, in order to repay the dealer partners and their loyal employees, Ford officials have specially carried out welfare activities to buy Ford electric horses for dealer employees.
The new ▍ Toyota Crown Lufang will be officially launched on May 30th, according to Auto House.
A few days ago, the new Toyota Crown Lufang will be officially launched on May 30th.
The new car positioning medium-sized SUV, as an age-renovated model, will be upgraded and adjusted in terms of technology configuration and body color, and the power system is not expected to change.
▍ Lutes Technology’s first quarterly report: 2194 cars delivered in the first quarter increased by 731% year-on-year, according to the real estate website.
On May 29th, Lutes Technology announced its first results since its initial public offering (IPO).
According to financial data, Lutes Technology delivered a total of 2194 vehicles in the first quarter of 2024, an increase of 731 per cent year-on-year.
Of these delivered vehicles, more than 75% of deliveries come from overseas markets.
In addition, the company achieved revenue of US $173 million during the reporting period, an increase of 811% over the same period last year, and a gross profit margin of 18%, an increase of 3 percentage points over last year.
▍ Geely executives responded that the 2.
9L fuel consumption of BYD’s new car is a little better: the latter fights back against our more scientific standard, fast technology news on May 30th, this week, BYD’s fifth generation DM hybrid technology was officially released, and the fuel consumption of 2.
9L 100 km attracted a worldwide audience.
The new Qin L DM-i and Seal 06 DM-i will launch BYD’s new technology, both of which claim that the fuel consumption is only 2.
9L for 100 kilometers.
Some people in the industry doubt this figure and think that BYD may be suspected of exaggerating its propaganda.
Yang Xueliang, a Geely executive, expressed his views bluntly on social media.
He retweeted a query from BYD, a blogger, and commented: “it’s better to be honest.
I guess the older generation of scientists would think the same way if they were alive.
” Subsequently, Yang Dongsheng, senior vice president of BYD, made a voice.
He said that the NEDC test standard adopted by BYD is more scientific, and the test results are closer to the actual use of consumers.
He also pointed out that fuel consumption is important when judging the performance of a car, but the driving experience and the configuration of the whole car can not be ignored.
“as a leader in the field of new energy vehicles, BYD has been at the forefront of the industry in technology research and product innovation, and the new model will bring more superior driving experience to consumers.
” ▌ International, ▍ Australian regulators said there was no obvious violation of TikTok.
On May 29th, the Office of the Australian Information Commissioner (Office of the Australian Information Commissioner, hereinafter referred to as OAIC) issued a “statement on the preliminary investigation of TikTok”, saying that TikTok did not clearly violate Australian privacy laws and that there was no need for further investigation.
OAIC is an independent body under the jurisdiction of the Australian Minister of Justice and is mainly responsible for privacy, freedom of information and government information policy, including conducting investigations, reviewing decisions, handling complaints and providing guidance and advice.
At the end of 2023, OAIC launched a preliminary investigation into TikTok, accusing TikTok of using Pixel tracking tools to collect data, including web browsing history and personal information, and to piece together identity information such as e-mails, phone numbers and shopping habits.
Privacy Commissioner Carly Kind said: “my office has concluded a preliminary investigation into TikTok.
The purpose of the preliminary investigation is to determine whether it is necessary to conduct an investigation.
From the information I have received, there is no obvious violation of Australian privacy law, so there is no need for an investigation.
Regulators such as OAIC must always focus their attention and resources on areas that have the greatest impact.
Unfortunately, the issues raised in this case are not unique to TikTok, and any litigation or investigation by OAIC will be conducted on an uncertain legal basis.
Pixel is one of many tracking tools, including Cookie, which allows fine-grained monitoring of users on the Internet and social media platforms.
Many of these tracking tools are harmful, intrusive, and can destroy online privacy.
We urgently need to reform the Privacy Law.
This is the best way to address the most harmful aspects of the digital ecosystem.
We are considering next steps to address the broader problems raised by tracking tools, which have become commonplace on today’s websites, with a focus on those that may facilitate the transmission of sensitive information.
We will also release information on key privacy issues that organizations must consider when configuring and deploying tracking tools on their websites.
” The ▍ UK Digital Market Antitrust Act has completed the legislative process and can impose fines of up to 10% of the total global income on technology giants.
The Digital Market, Competition and Consumer Act, known as the British version of the Digital Market Act, was approved by King Charles III last Friday and is expected to come into effect in the second half of this year.
The Digital Market, Competition and Consumer Act of the United Kingdom will strengthen the supervision of large technology enterprises at many levels, increase competition in the digital market and protect the rights and interests of consumers.
The bill will have “strong and deep-rooted market forces” in the UK.
enterprises with an annual global turnover of more than 25 billion pounds (currently about 231.
5 billion yuan) or annual turnover of more than 1 billion pounds (currently about 9.
26 billion yuan) in the UK are considered to have a “strategic market position”.
The UK CMA will set “tailor-made” regulatory provisions for companies with “strategic market positions” in the UK to regulate their business practices, and these companies will also be obliged to report to the CMA any mergers that will have an important impact on the UK market.
CMA has the right to impose hefty fines of up to 10 per cent of total global revenue on companies with “strategic market positions”.
With regard to the protection of consumers’ rights and interests, the bill requires enterprises to sign subscription contracts before consumersAt the same time, the UK’s Digital Markets, Competition and Consumer Act also prohibits false comments and gives CMA the power to closely monitor changes in transport fuel prices.
If a carbon price is levied, it will also make the green transition more attractive.
So how strong the demand is depends on the relevant policies.
” She said.
At present, we do not see the need to set an upper limit for such subsidies, the key is whether the specific measures are scientific, if the measures are not scientific, not in place will have the opposite effect.
The news did not attract much attention at first because it focused on the plight of Magna Steyr, a contract carmaker based in Gratz, Austria.
The company has had to cut 500 jobs because production of models such as the BMW 5-Series, Jaguar E-Pace and I-Pace, and Fisker Ocean, which they contract for, has been or is coming to an end.
▍ Volkswagen will develop low-cost electric car ID.
1, which is expected to be unveiled in 2027.
According to foreign media reports, Volkswagen Group, Europe’s largest automaker, said on May 28th that it would independently develop low-cost electric vehicles to better compete with Chinese competitors.
Sina Science and Technology has learned that Baidu World Congress has been held in the second half of each year.
According to this estimate, Wen Xin Da Model 5.
0 may be available to you in the second half of 2025.
At the end of 90 days, the Safety and Security Committee will share its recommendations with the entire Board of Directors.
OpenAI also said it would hire and consult other safety, security and technical experts to support the work, including former cyber security officials, Rob Joyce and John Carlin, which provide security advice to OpenAI.
OpenAI also revealed that it has recently begun to train its next generation of cutting-edge models and is expected to allow them to climb another floor on the road to AGI.
▍ Faraday said in the future that it may never be profitable and plans to launch an affordable version of the model.
Jia Yueting FF said it may never be profitable.
Faraday said in the future that the company may incur unforeseen fees or encounter difficulties and delays in delivering the FF 91 series, so it may never generate enough revenue to sustain its operations.
Although FF has begun delivering the FF 91 series for the first time, FF may never be able to achieve or maintain profitability for a variety of reasons, including insufficient demand for the FF 91 series and related services, vehicle services and warranty costs, increased competition, macroeconomic environmental challenges, regulatory changes, and other risks discussed in this article.
In addition, the company’s future plans were revealed in a subsequent financial results conference call.
At present, FF is considering adjusting its strategy to return to the early dual-brand strategy and plans to apply the technology of the high-end model FF91 to a more popular market in order to achieve mass production.
, ▍ Stellantis will care.
Leigh produces two new hybrid vehicles.
According to Reuters, Fiat’s parent company Stellantis Group announced on May 27 that it will assemble a hybrid version of the small Fiat 500 at its Mirafiori factory in Turin, Italy, as sales of electric vehicles slow.
Fiat 500e.
Photo source: Fiat’s announcement came after Stellantis Group CEO Carlos Tavares met with union representatives in Turin, who have long asked Stellantis Group to increase production in Italy and produce a new model with higher production and more affordable.
,丨 OpenAI agreed to resell ChatGPT for the first time, and PricewaterhouseCoopers became the company’s largest corporate customer.
Sina Technology reported on May 29 that PricewaterhouseCoopers (PwC) and OpenAI signed an agreement to provide generative artificial intelligence (AI) chat tools to employees and customers.
PricewaterhouseCoopers expects its workers and customers to be exposed to the latest OpenAI tools, including ChatGPT-4o and new features focusing on voice and images.
丨 Electric vehicle startup Fisker is reported to have laid off hundreds of employees.
TechCrunch reported on May 30 that electric vehicle startup Fisker is reported to have laid off hundreds of employees.
One current employee and one fired employee estimated that the company has only about 150 people left.
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