▌ News: ▍ Honda will cut production capacity in China by 30 per cent and Hino engine business will withdraw from China.
Honda will cut production capacity of about 500000 vehicles by closing factories and other measures, the Nikkei News reported on July 25, reducing its production in China from 1.
49 million to 1 million vehicles.
The reduction accounts for 30 per cent of its Chinese capacity, equivalent to 10 per cent of Honda’s global production, while Hino will withdraw from engine production in China.
The move marks the largest production cut by a Japanese car company in China.
Honda has been increasing production investment in China since the 1990s, which is its largest production base in the world.
This is the first time Honda has scaled down production in China, which means it will change its long-standing route of expansion in China.
With Japanese cars in the doldrums in China, Honda will first close or stop production at two of its seven gasoline plants in China, according to the Nikkei News.
The factory in Guangzhou, Guangdong province will be closed in October, and the plant in Wuhan, Hubei province, will stop production from November.
Another factory in Guangzhou will also close or stop production.
At present, the trend of adjusting business in China has been extended to all Japanese automakers.
Hino plans to liquidate the business of Shanghai Hino engine, a subsidiary that manufactures engines for the Chinese market, in Shanghai within 2025.
Honda’s sales in China accelerated after 2020: 1.
5615 million vehicles in 2021, down 4% from the same period last year. 1.3731 million vehicles in 2022, down 12.
1% from the same period last year.
and 1.
2342 million vehicles in 2023, down 11% from the same period last year.
Honda sold 415900 vehicles in China from January to June, down 21.
48 per cent from a year earlier.
On the evening of July 25, GAC Honda responded that “the company currently has four vehicle production lines (annual production capacity of 770000 units) and one production line under construction (designed annual capacity of 120000 units).
The fourth production line with an annual production capacity of 50, 000 units is scheduled to be closed in October 2024, and the new energy production line under construction will be put into production in November 2024.
” So far, there is no news of Dongfeng Honda’s response.
▍ scrapped fuel vehicles to buy new energy vehicles, and the government subsidy was raised to 20, 000 yuan.
on July 25, the National Development and Reform Commission and the Ministry of Finance issued a notice on “some measures to support large-scale equipment renewal and consumer goods trade-in”.
It is mentioned that it is necessary to raise the subsidy standard for automobile scrapping and renewal on the basis of the implementation rules of Automobile Trade-in subsidy.
Individual consumers scrap national emission standard fuel passenger cars or new energy passenger vehicles registered before April 30, 2018 (including the same day), and purchase new energy passenger vehicles or fuel passenger vehicles with engines of 2.
0 litres or less that are included in the catalogue of New Energy vehicles with reduced vehicle purchase tax The subsidy standard will be raised to 20, 000 yuan for the purchase of new energy passenger cars and 15000 yuan for fuel passenger cars with engines of 2 liters or less.
▍ polar krypton electric minivans launched in the United States for Waymo self-driving taxi service, IT Home, July 25, according to TechCrunch, Alphabet’s self-driving taxi service company Waymo has shipped a batch of Chinese-made polar krypton electric minivans to the United States.
Currently, Waymo uses Jaguar I-Pace electric crossovers to provide self-driving services in several cities in the United States.
Cruise Origin faces regulatory hurdles due to a lack of steering wheels and pedals, and cost is a problem.
The electric minivan, launched in 2021, was designed and developed by a Swedish team and produced in a Chinese factory.
The vehicle has a five-seat layout and four sliding doors, so it is very convenient to get on and off.
Waymo stressed that the Chinese-made self-driving car carries its sixth-generation sensor kit, most of which is developed and manufactured by Waymo.
The vehicle does not contain any software or sensors provided by polar krypton at the factory, and the relevant hardware and software are integrated in the United States.
Waymo’s polar krypton minivan is equipped with a removable steering wheel, which is expected to simplify the approval process.
In addition, considering that Jaguar I-Pace has been discontinued, this polar krypton electric car is expected to become the main model of Waymo in the future.
, , ▍ he Xiaopeng talked about Tesla FSD and Robotaxi cars: end-to-end + large model can achieve L4 self-driving, news on July 25, Xiaopeng announced that AI smart driving technology conference and 1024 Technology Day will be held on July 30th.
He Xiaopeng, chairman of Xiaopeng Motor, posted a post on Weibo, replying to Tesla’s new version of FSD and Robotaxi.
He Xiaopeng said that this year’s FSD is completely different from the previous Tesla autopilot in terms of ability, and he appreciates it very much.
He also mentioned that recent discussions with a number of L4 project leaders on “end-to-end” issues have found that end-to-end is the best route for L2 or L3 but not the preferred route for L4.
He firmly believes that the end-to-end + large model can eventually provide technical support for L4 self-driving.
On Robotaxi, he Xiaopeng said: Tesla will do everything from car to operation, which is different from our thinking.
Xiaopeng will still launch a very competitive Robotaxi in 2026 according to the established pace.
Xiaopeng will not be involved in the operation of Robotaxi, but will work with partners to promote this change.
Robotaxi is accelerating and will begin to reach a turning point in about two years.
In addition, he Xiaopeng also said that more information will be shared with you next Tuesday at Xiaopeng’s AI smart driving technology conference and 1024 Science and Technology Day.
▍ Tesla responded to the shortlisted local government procurement list: reflecting the fairness and fairness of the Chinese market.
On July 25, Tao Lin, vice president of foreign affairs of Tesla, talked about Tesla’s inclusion in the local government procurement list, saying that it reflects the fairness and fairness of the Chinese market and gives Tesla great confidence in development.
CCTV News today released a report entitled “A purchase catalogue for foreign enterprises”, referring to Tesla’s shortlist of local governments and state-owned enterprises.
Tesla has been shortlisted for local governments and state-owned enterprises since the second quarter of this year.
Tao Lin, vice president of foreign affairs of Tesla, said that “making foreign enterprises invisible” reflects the fairness, fairness, openness and inclusiveness of the Chinese market, and also gives Tesla great confidence in development.
Tao Lin also revealed that Tesla had completed all the examination and approval of data compliance in April.
On July 4th, Tesla Model Y entered the Jiangsu provincial government’s purchase catalogue of new energy vehicles, which attracted wide attention.
Jiangsu Provincial Government Purchasing Center responded, saying that the procurement was signed up by Tesla, and the purchasing center was based on the parameters.
Judging from the two dimensions of price and price, Tesla was recognized as qualified for the shortlist.
▍ Xiaomi car delivery fell for two consecutive weeks, executives responded: production line tuning and maintenance, fast technology July 25 news, the first week of July, Xiaomi SU7 sales of 3711 units, the second week sales of 2239 units.
In response to this, Wang Hua, general manager of Xiaomi Public Relations Department, responded on social media, saying that it was caused by a new round of optimization and maintenance of the production line, the original text is as follows: sure enough, today someone began to rhythm Xiaomi SU7’s weekly data for the third week of July.
Lei also casually replied in the live broadcast yesterday that our July delivery target still continues to exceed 10,000 units.
Moreover, officials have also publicly informed us that we will carry out a new round of production line tuning and maintenance in July to prepare for further capacity expansion.
At the same time, it also said: the optimization and maintenance of the production line will not affect the goal that the delivery volume will continue to exceed 10,000 in July.
I just took a look at the real-time delivery data in the background.
There are still seven days left this month, and it is not challenging for delivery to continue to exceed 10,000.
, ▌ domestic, ▍ Deep Blue S07 is officially available, starting from 139900 yuan.
On July 25, Deep Blue officially announced the official launch of Deep Blue S07.
A total of 10 new models have been launched, with a price range of 14.99-21. 290000 yuan, with a time-limited discount of 10,000 yuan.
As a new generation of global strategic model of Deep Blue, the Deep Blue S07 is the first to be driven by Huawei, and offers both pure electricity and extended range options.
In terms of body size, the length, width and height of the new car are 4750/1930/1625mm and the wheelbase is 2900mm.
The new car has a smooth and dynamic posture, and the wind resistance coefficient is only 0.258. In terms of power, the new car provides pure electricity and extended range power to choose from.
The extended range model is equipped with a 1.
5L naturally aspirated engine and equipped with Shenxing 3C superrechargeable battery.
Pure electric service life provides both 215km and 285km options.
The maximum comprehensive range range of more than 1200 km can recharge the vehicle from 30% to 80% in 15 minutes.
▍ BYD Song L DM-i officially went on sale, starting from 135800 yuan.
On July 25, BYD Song L DM-i officially launched five new models with a price range of 13.
58-175800 yuan.
The new car carries BYD’s fifth-generation DM technology and consumes 3.
9 L/100km of fuel.
In terms of body size, the length, width and height of the new car are 4780/1898/1670mm and the wheelbase is 2782mm.
In terms of power, Song L DM-i will be equipped with a new fifth-generation DM hybrid system, with a maximum power of 74 kilowatts for 1.
5L engines, 160kW for driving motors, and lithium iron phosphate battery packs with 12.
9kWh, 18.
316kWh and 26.
593kWh, with pure electric life of 75km, 112km and 160km, respectively.
In addition, the new car is also equipped with external discharge function, the maximum power can reach 6 kilowatts.
▍ Hosai Technology Lidar has been designated by Audi, GM and Ford joint venture brands in China, and the new car is expected to be mass produced next year.
According to news from IT House on July 25, Wesai Technology announced today that it has reached a laser radar production point cooperation with Chinese joint venture brands of Audi, GM and Ford international mainframe factories, and new cooperative models will start mass production one after another from 2025.
It means that the above three joint ventures will start to “make efforts” in the field of high-level smart driving next year.
Official figures show that as of the first quarter of this year, Wesai has accumulated production sites for nearly 70 models from 18 mainstream automakers.
▍ BYD praise Great Wall car: Harvard H6 holds the Great Wall of China SUV, Fast Science and Technology, July 25 news, tonight, BYD double Song press conference, the continuation of the double Song product line, BYD Song L DM-i, the 2025 Song PLUS DM-i will be officially released, this is also the first fifth generation DM hybrid SUV.
At the press conference, BYD praised Great Wall Automobile, saying that its Harvard H6 became the highest-selling SUV in China for nine consecutive years, keeping the Great Wall of China’s SUV.
Not only Great Wall Harvard, but also more domestic SUV props up half the sky of China’s auto market and defends the gate of SUV.
In the 2023 ranking of SUV sales in China, four of the top five are Chinese brands, namely BYD Song, BYD Yuan, Changan CS75 and GAC AION Y.
The only foreign brand is Tesla Model Y.
In this regard, BYD said that only Chinese brands can create SUV that understands Chinese people better.
, , ▍ can enjoy a comprehensive discount of up to 12300 yuan, and ideal cars offer limited-time discounts.
Today, ideal Motors released the latest car purchase policy for its L-series models, with comprehensive preferential rights up to 12300 yuan.
The discount period is from July 24 to 24:00 on July 31, when you order L7 / L8 / L9 and pick up the car, you can enjoy the discount (the discount for L6 models is not limited by the condition of ordering and picking up before July 31).
Specifically, the comprehensive offer consists of time-limited car purchase courtesy, car purchase rights and interests and financial car purchase plan: time-limited car purchase courtesy up to 2399 yuan, 10,000 yuan car purchase rights including 5000 yuan worth of optional funds and 5000 yuan of 7-kilowatt AC charging piles (L7 / L8 / L9 three models).
car purchase rights and interests for L6, 10,000 yuan include 5000 yuan deposit deduction of 10000 yuan and optional fund worth 5000 yuan.
▍ polar fox car fire manufacturers immediately covered black cloth, pry car logo, official apology: improper handling, fast science and technology July 25 news, Zhejiang Hangzhou, a car rental company employee Ms.
Chen said that the company bought 2 months of polar fox car spontaneous combustion occurred in the normal driving process, the first thing the factory staff arrived is to cover the black cloth, and began to dismantle the car mark, dismantle the inner parts.
In this regard, Jihu official WeChat released a “explanation on the” incident of “overshoot” of Hangzhou vehicles this afternoon, saying that in the course of handling the accident, due to the improper handling behavior of the staff, it has brought very bad feelings to car owners and friends who care about Jihu.
Jihu Motors would like to express its sincere apology here.
Polar Fox said that in the future, it will strengthen internal management and training to resolutely put an end to the recurrence of such misconduct.
Polar Fox also revealed that it has worked with the fire department to put out the fire at the first time, causing no casualties at the scene.
After on-site preliminary investigation and combined with background data, it is found that the vehicle power battery voltage, temperature and insulation data are normal before the fire.
After the fire was put out, the vehicle power battery was not abnormal and there was no sign of burning.
The specific cause of the fire is being investigated by the fire department, and the results of the appraisal will be released as soon as possible.
▍ Jiyue 01 new car delivery delay, official response: the company to speed up production response, July 25, Jiyue Automobile announced today that the recentJi Yue 01 ushered in a wave of sales peak, some new car owners encounter extended delivery time, may take 3-5 weeks.
Officials said that Ji Yue has added production schedules to ease user waiting as much as possible, and will complete the delivery as soon as possible.
Prior to this, Ji Yue 01 announced the introduction of a July time-limited car purchase policy, including 15000 yuan for Ji Yue 01 Max and 20, 000 yuan for Ji Yue 01 Max long-haul version.
In addition, there are many rights and interests, such as replacement subsidy, insurance subsidy, 5-year zero-interest financial services, free / preferential matching and so on.
▍ Audi product line may meet major adjustments, “A-Series fuel” models will be renamed, 36 krypton news, with the continuous growth of the product lineup, Audi decided to adjust the naming of its vehicles.
Recently, the new Audi A5 has been unveiled overseas, but “this A5” is not “that A5”, but is renamed from Audi A4.
Starting this year, the number in Audi’s name will be the symbol that distinguishes electric models from fuel models.
After that, the even number will represent the electric model and the odd number will represent the fuel model.
Therefore, according to the new model naming rules, Audi A4 will be renamed Audi A5.
By analogy, Audi A6 and A8 models will also be renamed in future upgrades, in which A6 will be renamed A7Magi A8 to A9.
As it often takes half a year or more for overseas versions to be introduced into the domestic market, there is still some time to rename the A4, A6 and A8 series models in the Chinese market.
It is reported that the new Audi A5 will be introduced into the Chinese market by FAW Audi, named A5L.
It is reported that the domestic development of the new Audi A5 is already in progress.
Some writers have sought confirmation from FAW Audi, but they have not received a reply as of the press release.
Sales of ▌ International and ▍ in China have declined for five consecutive years, and Nissan’s first-quarter net profit has fallen sharply by 73%.
According to news from Fast Technology on July 25, Nissan released its results for the first quarter of 2024 (April-June).
According to the data, Nissan had revenue of 2.
998 trillion yen (currently about 141.
443 billion yuan), consolidated operating profit of 1 billion yen (currently about 47.
179 million yuan) and net profit of 28.
6 billion yen (about 1.
349 billion yuan).
Nissan’s global sales in the quarter were flat at 787000 vehicles compared with the same period last year, but profits fell sharply and net profit fell 73 per cent from a year earlier.
In fact, Nissan’s profits have declined significantly, which, in addition to increased investment in the transformation of new energy, is also related to the poor performance of Nissan in China’s largest market.
Nissan sold 52900 vehicles in China in June, down 23.
56% from a year earlier, according to the data.
Nissan sold 339000 vehicles in the first half of this year, less than half of last year’s total.
Nissan’s sales in China have fallen for five consecutive years compared with the same period last year, while in 2023, Nissan sold 793768 units in China, down 16.
1 per cent from a year earlier.
▍ Stellantis’s first-half net profit was 5.
65 billion euros, down 48% from the same period last year.
European car giant Stellantis today announced its results for the first half of 2024, according to news from IT House on July 25.
First-half net revenue was 85.
02 billion euros (currently about 670.
199 billion yuan), down 14 percent from a year earlier and estimated at 87 billion euros.
first-half net profit was 5.
65 billion euros (currently about 44.
538 billion yuan), down 48 percent from a year earlier and estimated at 6.
97 billion euros.
Carlos Tavares, the company’s chief executive, said the company’s performance in the first half of 2024 fell short of expectations, reflecting both the challenges of the industry environment and operational problems.
“although corrective actions are needed and are being taken to solve the problem, we have also launched an exciting product surprise program that will launch no less than 20 new cars this year, and if we implement them well, it will bring greater opportunities.
” It is reported that of the 20 new products planned for 2024, 10 have already started production in the first half of this year.
▍ Hyundai Motor second quarter operating profit rose 0.
7% year-on-year to reach a new high for the same period.
Seoul, July 25 (Yonhap news agency)-Hyundai Motor held a conference call on the 25th to release its results report, initially verifying that operating profit in the second quarter of this year increased by 0.
7% year-on-year to 4.
2791 trillion won (about 22.
4 billion yuan), a record for the same period on record.
Over the same period, sales rose 6.
6% year-on-year to 45.
0206 trillion won.
As a result, the company’s second-quarter operating profit and sales both reached record highs for the same period in the previous year.
In addition, net profit rose 24.
7 per cent to 4.
1739 trillion won, with an operating margin of 9.
5 per cent.
Hyundai said that the proportion of high-end cars in overall sales increased, superimposed exchange rate factors, and further contributed to the improvement of performance.
Operating profit in the first half of this year was 7.
8365 trillion won, down slightly from a year earlier (7.
8906 trillion won), while sales surpassed the record of 80.
0032 trillion won in the same period last year to a new high of 85.
6791 trillion won (448.
171 billion yuan).
▍ Stellantis CEO: fully respond to the strong impact of Chinese electric vehicles on the European market.
On July 25, auto giant Stellantis said it will do its best to deal with the strong impact of Chinese electric vehicles on the European market.
Carlos Tavares, CEO of the company, said at the opening of the new electric vehicle production line in Serbia: “We will face the cruel challenge of Chinese car companies in the European market, but Stellantis is ready to fight.
” In response, Stellantis uses the Serbian factory in Kraguyevac as an important base.
The plant, which once produced the Fiat 500L, has been transformed into a new Fiat Grande Panda small crossover electric vehicle.
Thanks to lower production costs and the upcoming development of Europe’s largest lithium mine, the new car is expected to sell for as little as $28000 (currently about 204000 yuan).
“We will prove to them that we are diligent, have the right technology and are fierce competitors,” Tavares stressed.
” Stellantis is also adopting a different strategy: partnering with rivals.
Earlier this year, through a joint venture with Zero cars, the company began assembling a Chinese-made electric car, the Zero run T03, at its Tikhi plant in Poland.
▍ Renault Group will produce the new Twingo electric vehicle at its factory in Slovenia with a target capacity of 150000 vehicles.
The Renault Group signed a cooperation agreement with the Slovenian government on the same day, confirming that it will produce the new Twingo electric vehicle at the plant in Novemesto, Slovenia.
The new production line will be completed in 2026, with a target production capacity of 150000 vehicles.
Renault announced in June this year that it was working with a Chinese companyCooperate in the development of Twingo electric vehicles, priced at no more than 20,000 euros.
,丨 Changan Automobile landed in the Latin American market, and Avita, Deep Blue S07 and others made their debut in Mexico.
Fast Technology reported on July 25 that on July 23, local time in Mexico, Changan Automobile held a Latin American brand launch conference.
Mexican Ambassador to China Shiyade delivered a speech via video link.
At the press conference, six products of the three major brands: Deep Blue Automobile (S07), Avita (11, 12), and Chang ‘an Qiyuan (E07, A05, Q05) made their debut in the Mexican market.
The DEEPAL S07 is available in pure electric and extended range versions.
It performs well in terms of battery life.
Officials claim that it can drive from Mexico City to Texas on a single charge.
Changan Automobile has rich R & D resources and a strong technical team around the world.
The company has built a global R & D network covering “six countries and ten places” and has 16 technical research and product development centers and 17 technology companies.
In addition, Chang ‘an also has a technical research and development team consisting of 18,000 people.
丨 OpenAI challenges Google to test artificial intelligence search function SearchGPT.
Financial News Agency, July 26.
OpenAI is letting a small number of users test a new search function that will provide more time-sensitive information and cited materials when answering questions. Link. This marks the company’s most direct challenge to Google yet.
The new feature, called “SearchGPT”, will be released in a beta version on web browsers, providing users with a separate search experience and may later be added to its most famous product, ChatGPT.
OpenAI declined to say when SearchGPT would be launched, but said it would initially be available to users on the waiting list.
OpenAI said it is communicating with creators and publisher partners to get feedback on the new tool and plans to integrate the most successful search features into ChatGPT.
,丨 General Motors ‘Cruise plans to resume fully autonomous driving services within the year and start charging early next year.
On July 25, according to Bloomberg News, people familiar with the matter said that General Motors’ driverless division Cruise aims to resume fully autonomous driving later this year.
Ride services and start charging in early 2025.
In October last year, Cruise suspended driverless operations across the United States due to a series of safety incidents.
In April this year, the company resumed deploying human-driven vehicles in Phoenix, Arizona, USA, but authorization to provide autonomous vehicle passenger services in California remains suspended.
A Cruise spokesperson said in a statement: “We will continue to focus on rebuilding trust with regulators and improving the performance of autonomous vehicles, and are currently conducting supervised autonomous driving tests in Phoenix, Dallas and Houston.
Safety remains the guiding principle for our move into the field of driverless driving, and we now have no timetable to share.
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