▌ News, ▍ Huawei looks forward to the first outside shareholder to confirm that Avita Technology intends to buy 10% equity interest with 11.
5 billion yuan.
The first Electric Power announced on the evening of August 19 that its associate Avita Technology plans to sign an “equity transfer agreement” with Huawei in Chongqing on the morning of August 20, and intends to buy the 10% equity interest held by Huawei in Shenzhen Yingwang Intelligent Technology Co., Ltd. (hereinafter referred to as Yingwang).
The transaction amount is 11.
5 billion yuan.
After the deal, Avita technology has a 10 per cent stake in lookout, while Huawei has a 90 per cent stake.
The capital contribution is made in cash and comes from the own funds of Avita Technology.
The transfer price shall be paid in three installments, and the prerequisites for payment shall be set accordingly.
At the same time, Avita Technology plans to sign a “shareholder agreement” with Huawei.
According to the transaction agreement, the board of directors is composed of seven members and the seats on the board are determined according to the proportion of shareholders, of which Huawei has the right to nominate six directors and Avita Technology has the right to nominate one director.
▍ Guangzhou Auto Toyota cut its sales target to dealers by about 20%.
According to China Business report on Aug.
19, Guangzhou Automobile Toyota dealers in Sichuan, Shandong, Guangdong and other places revealed that the store had lowered its sales target by about 20%.
In addition, the above-mentioned Guangzhou Automobile Toyota first-line sales also confirmed that their monthly sales indicators have declined.
A number of GAC Toyota stores are called guaranteed profits, and the decline in terminal prices has been narrowed periodically, but if the manufacturer’s sales target is raised in the third quarter, dealer stores will continue to participate in price competition.
Guangzhou Auto Toyota sold 59118 units in July, down 17.
1% from a year earlier, while the proportion of hybrid vehicles jumped to 53.2%. The head of a Guangzhou Automobile Toyota dealer in Guangdong said: “there are eight sales in our store.
The current monthly sales target is about 105 vehicles.
The per capita sales target is about 14 vehicles per month.
In the past, the per capita sales target was about 20 vehicles.
” But in fact, each person achieves the sales target of about 8 to 9 vehicles per month, and even if the target is adjusted, it will not be able to reach the target.
▍ Buffett and Soros slashed their positions to prepare for a pullback.
Wall Street reported on Aug.
19 that a number of well-known fund companies are selling large technology stocks.
Buffett and Soros cut their positions in the “technology seven” (Alphabet, Apple, Tesla, Microsoft, Amazon, Meta, Nvidia) to increase their cash holdings in preparation for a market pullback.
The latest inflation data in the United States reduced fears of a recession in the United States and investors poured back into the stock market.
In the most recent week, the US stock market has rebounded, pulling stocks back from a seemingly deeper correction.
However, there are still signs that a bigger correction is imminent.
Soros Fund sold about $58 million worth of shares in Alphabet and about $15 million in Amazon shares, according to Soros Fund Management’s regulatory filings as of June.
Druckenmiller was one of the investors who cut Nvidia’s shares.
His Dukin family office sold more than 1.
5 million Nvidia shares, according to documents.
Meanwhile, billionaire hedge manager David Tepper’s Apalusa management company cut its holdings in Amazon, Microsoft and Meta.
Wildcat Capital Management, founder of TPG Capital and Newbridge Capital David Bundman, also emptied Meta positions and sold $24 million worth of shares.
and Iconiq Capital, an investment firm known for managing Zuckerberg’s money, sold $2.
5 million of Apple shares Kemnay Advisory Services, the family office that helps manage duty-free billionaire Alan Parker Wealth, has cut its holdings in Nvidia, Apple, Microsoft, Meta, Alphabet and Amazon.
▌ domestic, ▍ Gaohe issued an after-sales service announcement: start after-sales parts procurement, gradually restore supply, IT home August 19 news, Gaohe official after-sales service announcement (hereinafter referred to as the announcement) said that the supply of spare parts is gradually resuming.
On the same day, the official release of “to the friends of high-tech car owners” announced that it has officially entered the stage of judicial pre-reorganization, looking for an effective plan for “rebirth” through self-rescue.
According to the announcement, from now on to the completion of the pre-restructuring and restructuring, Shanghai Yueda Zhihang Automobile Service Co., Ltd., a wholly owned subsidiary of Jiangsu Yueda Automobile Group, is authorized to purchase high-tech auto parts to support after-sales service.
At present, the procurement of after-sales accessories has been started.
The after-sales service center of Gaohe Automobile and related cooperation outlets are gradually restoring the supply of spare parts.
Shanghai Yueda Zhihang Automobile Service Co., Ltd. is also actively preparing to increase the service response of more than 20 cities.
▍ Horizon formed an intelligent team, led by Vice President Yu Yinan.
▍ today announced the latest infrastructure layout planning, new technologies and new products.
According to news from IT House on August 19th, “NIO Power Day Weilai Energy Day” has changed its name to “Power UP Weilai Power Generation Day”.
Power UP 2024 Weilai Power supply Day will be held at 14:15 today in Wuhan, Hubei Province.
Weilai revealed that it will share its thinking and practice on the development of the electric vehicle charging industry, and announce the latest infrastructure layout plan, new technologies and new products of Lulai Energy.
As of July 2024, there are a total of 2458 replacement power stations, 3925 charging stations, 22917 charging piles and more than 1.
07 million third-party charging piles, making it the automobile brand with the largest number of charging piles in China.
In addition, the Ledao brand of Ledao has also launched the “Ledao charging Map” and announced that more than 1,000 exchange power stations will be completed this year, with more than 300 in a single month in the follow-up plan.
As of August 5, 2024, there have been more than 50 million power changes in Xilai, with an average of about 79000 times a day since August.
▍ Xiaopeng Automotive Intelligent Business Welcome: former Gaode product manager Suo Xianlei and he Xiaopeng alumnus Liang Jiankun joined in.
21 Economic Network, August 19, Xiaopeng Automotive Intelligent Business once again ushered in key talents, respectively, former Gaode product manager Suo Xielei and he Xiaopeng South China University of Technology alumnus Liang Jiankun.
According to the report, Suo Xielei, with a Gao de background, has joined Xiaopeng Automobile to be responsible for the product experience of Xiaopeng’s intelligent cockpit.
He is a senior director and reports to Wei Bin, head of the Internet Center.
Suo Lianlei has been working in the geographic information service industry for many years and joined Amap in September 2011 as a product manager.
Liang Jiankun, the new head of the data Intelligence Center (DIC), reported to he Xiaopeng that he had joined Xiaopeng Motor for more than half a year.
The center is Xiaopeng’s technical department in Taiwan, responsible for IT system operation and maintenance, data, information system management and so on.
▍ Yu Chengdong said Hongmeng Zhihang BannerThe next model will come standard with Huawei, NetEase Technology reported on Aug.
19, Huawei Yu Chengdong Weibo said that Hongmeng Zhihang’s models will be standard Huawei.
In addition, Yu Chengdong also revealed that the new M7 Pro will also be equipped with the basic version of HUAWEI ADS, which will be launched on August 26.
It is understood that Huawei’s intelligent driving system is constantly being updated, and its latest HUAWEI ADS 3.
0high-order intelligent driving system has been commercially used in models such as Hengjie S9.
In addition, Hongmeng Zhihang’s four models, namely, M5, M7, M9 and S7, will launch the latest HUAWEI ADS 3.
0 high-level intelligent driving system one after another from September this year.
At that time, the smart driving experience of these models will be improved again compared with today.
▍ ideal Automobile Law Department: a burning vehicle in an underground parking lot in Huizhou is not an ideal car product.
Interface News on August 19th, the Ministry of ideal Automobile Law issued a statement that on the morning of August 19th, a fire broke out in the underground parking lot of the Champs Elysees Community in Huicheng, Huizhou City, Guangdong Province.
After the incident, a large number of rumors about “ideal car charging fire” appeared on various network platforms.
At 18:00, Huizhou Fire Control released the “investigation of the cause of the Fire accident in the Underground parking lot of the Champs Elysees Community in Huizhou District”, making it clear that “the fire was caused by a new energy vehicle battery out of control, which was sold on October 25, 2018.
” The first product of ideal car, ideal ONE, will be delivered to users at the end of 2019, and the burning vehicle is not an ideal automobile product.
▍ Southern Power Grid announced a bid to block Great Wall Motor.
According to the unified service platform of the Southern Power Grid supply chain, Southern Power Grid issued a supplier handling announcement.
Great Wall Automobile Co., Ltd. was listed as a supplier that “does not accept bidding” because of “major breach of trust by suppliers and bad impact”, with a processing period of 24 months.
In response to the above situation, Nine parties Finance called the Great Wall Automobile Securities Department, and the wiring staff said they did not know the relevant situation.
It is understood that there have been a number of business cooperation between Southern Power Grid and Great Wall Motor before.
As early as 2019, Southern Power Grid joined the Euler Super charging Alliance of Great Wall as the first member.
But in recent years, there has been little business cooperation between the two sides.
It is worth noting that when the market share of Great Wall’s pickup products is close to 50%, Southern Power Grid seldom buys Great Wall products in the procurement of pick-up vehicles.
At the same time, Great Wall Motor has won many bids for the pickup procurement projects of State Grid and Inner Mongolia Power Grid.
▍ Leike Z10 official announced the launch of the high-level intelligent driving program of Lutes robot to support the national highway NOA,8 on March 19, Lecker officially announced today that the Lecker Z10 version, which is equipped with the advanced intelligent driving program provided by Lutus Robot, will be delivered on the market to support the national high-speed NOA, which is claimed to be a “smart driving experience that dares to open, wants to drive, and can be driven all over the country.
” Lectra Z10 opened a “pre-booking” on August 15, with a starting price of 215800 yuan.
Officials say 24-hour orders exceed 10,000 and will go on sale on September 5.
The vehicle is equipped with lidar and Nvidia Orin-X chip, which supports high-speed NOA and urban map-free NOA functions.
The cockpit is also equipped with an AMD V2000A chip, which officials claim to be more powerful than Qualcomm Snapdragon 8295.
▍ 2025 Song PLUS EV went on sale at a price of 14.
98-175800 yuan.
On August 19, 2025 Song PLUS EV officially launched three models, namely, 520KM luxury model, 520KM luxury model and 605KM flagship model, with a price range of 14.
98-175800 yuan.
The new car is renovated and upgraded in terms of appearance, intelligence and configuration, and the whole department is equipped with more than 16 hard-core technologies.
At the same time, the official also announced that from now on to September 30, the next order users can enjoy 0 interest, 0 down payment, high replacement subsidies and other generous treatment, with a value-for-money car purchase experience.
In terms of power, the 2025 Song PLUS EV is equipped with core technologies such as eight-in-one powertrain, heat pump air conditioning, brand-new high-power blade battery, direct cooling and direct heating of the battery.
The lowest power consumption of 100 kilometers is only 13.
86 kWhmin and can charge from 30% to 80% in 30 minutes.
▍ BYD auto insurance made a net profit of 18.
46 million in the first half and the average price of bicycle insurance was 4900 yuan.
According to news from Fast Technology on Aug.
19, BYD Insurance recently released its second-quarter solvency report.
With total assets of 3.
69 billion yuan, BYD realized insurance business income of 67.
2623 million yuan in the first half of the year, with a net profit of 18.
462 million yuan, including 6.
0372 million yuan in the second quarter.
In terms of insurance products, at present, the average premium of BYD insurance is 4900 yuan, of which 100% is signed for new cars through direct sales channels.
The output of BYD car insurance reached 13700 pieces, and the average price of 4900 yuan was slightly higher than that of China’s new energy car insurance of about 4000 yuan in 2023.
At present, BYD property insurance has opened the insurance entrance, its Wechat official account has also been online, car owners can choose and apply for insurance on the official account.
However, at present, only seven provinces, including Anhui, Jiangxi, Shandong, Henan, Hunan, Guangdong and Shaanxi, are available, and other provinces are expected to be liberalized one after another with approval.
▌ international, ▍ the u.s. auto market fell 8.
8% in June from a year earlier, while electric vehicles rose 3.
1% from a year earlier.
Standard & poor’s global Global Mobility released figures on august 19th that the overall u.s. auto market fell 8.
8% in June from a year earlier, with sales of slightly more than 1.
2 million units, but electric vehicle sales rose 3.
1% to 108000.
Kent Chiu, an analyst at Sipp Global Mobility, said strong government incentives were the main factor driving the growth in electric vehicle sales.
Thanks to this, the market share of electric vehicles in the United States increased to 8.
9% in June, up 1 percentage point from the same period last year.
It is worth noting that the data includes only newly registered pure electric vehicles (BEV) and does not involve used or hybrid models.
Tesla continues to lead the US electric car market, with sales nearly 10 times that of Ford, which ranks second.
Specifically, Tesla topped the ranking of newly registered electric vehicle brands in the US in June with 60929 vehicles, down 2.
4 per cent from a year earlier, followed by Ford and Kia, which ranked second and third with 6298 and 5194 respectively, up 18.
2 per cent and 105.
9 per cent year-on-year.
▍ Tesla launched a full version of Model3 in Mexico.
According to Auto House, Tesla launched a “beggar in the bag” version of Model3 in Mexico.
In the past, the standard configuration and decoration of interior decoration have become optional, so that the price can be further increased.
Reduced, it sells for US$35,000 (approximately RMB 250,000), which is about US$4000 (approximately RMB 28,600) cheaper than the standard Model 3 sold in the United States.
Currently, the plan is only targeted at the Mexican market, but if the response is good, it will be expanded to other markets.
Is it worth saving nearly 30,000 yuan? First of all, in the cheapest version, the leather seats that Chinese consumers care about most are gone and replaced by fabric seats.
The colorful atmosphere lights turned white.
The screen in the back row has also been removed, leaving only the rear air conditioning outlet and Type-C interface.
,丨 Tesla’s new generation Roadster real car exposure: Rocket technology supports subverts the traditional car concept.
Fast Technology reported on August 19 that a group of photos of Tesla’s new generation Roadster real car appeared on overseas social media.
According to Musk Previously released news, this car will be officially put into production next year, which has been canceled for seven years.
Tesla CEO Elon Musk has confidently said that the model will be officially put into production next year, predicting that it will be a “special” product, even claiming that it is “no longer a car.
” Musk reiterated his cooperation with SpaceX, saying that “you can expect some applications of rocket technology.
” When asked if the Roadster would be a flying car, Musk replied “maybe” and added: “It will have a certain kind of rocket technology, and I think the only way to be cooler than Cybertruck is to combine Tesla and SpaceX technology to create a product that transcends the concept of a car.
something that’s unheard of.
” At the same time, it also revealed that the new Roadster will use a wire-controlled Yoke steering wheel, similar to the control method of aircraft or modern jetliners.
Return to First Electric Network Home>.
