▌ News, ▍ Investment 11.
5 billion holding 10%, Cyrus will become the second outside shareholder.
First Electric reported on August 25, Huawei announced that it signed an agreement with Selis Automobile Co., Ltd. to invest in Shenzhen Eye Intelligent Technology Co., Ltd., Cyrus will invest 11.
5 billion yuan, accounting for 10% of the shares, and work with Huawei and other strategic partners to support the future development of the company.
This means that Cyrus attracted the introduction of the second external strategic shareholder after becoming Avita.
On the same day, Selis announced that the company’s operating income in the first half of 2024 was 65.
044 billion yuan, an increase of 489.
58% over the same period last year, mainly due to the increase in sales of new energy vehicles.
The company’s net profit belonging to shareholders of listed companies in the first half of 2024 was 1.
625 billion yuan, turning a loss into a profit compared with the same period last year.
According to the independent financial consultant’s report on the major asset purchases of Cyrus Group Co., Ltd., released by Galaxy Securities, Shenzhen attracts that the top five customers of Intelligent Technology Co., Ltd. accounted for 90.
55% of the income in the first half of this year.
Customer A, the No.
1 customer, had sales of 6.
614 billion yuan in the first half of this year.
Among Huawei’s current partners, Selis is the largest brand by sales, with sales of 180000 vehicles in the first half of this year.
And so on, for every car Selis sells, Huawei BU charges about 36700 yuan for parts and services.
With the listing of ▍ M03 coming soon, he Xiaopeng greatly increased his stake in Xiaopeng Motor.
According to the news of the first Electric Power on August 26th, Xiaopeng Automobile issued an announcement that Chairman and CEO he Xiaopeng increased his stake in the company from August 21 to August 23.
The news was announced the day before the official listing of MONA 03, and he Xiaopeng is thought to want to convey his firm confidence in the company to the market.
The details of the increase in he Xiaopeng’s holdings are as follows: he Xiaopeng purchased a total of 1 million Class A common shares in the open market at an average price of HK $27.
13 per Class A common share, at a cost of about HK $27 million.
At the same time, through its wholly-owned Galaxy Dynasty Limited, it bought about 1.
4199 million American depositary shares at an average price of $7.
02 per American depositary share, or about $9.
97 million.
The total increase is about 107 million Hong Kong dollars (about 98.
014 million yuan).
At present, he Xiaopeng holds shares in a variety of ways, equivalent to about 18.
8% of the total issued share capital of the company.
At the same time, the announcement also pointed out that he Xiaopeng plans to continue to increase Xiaopeng’s stake in the future at an appropriate time.
▍ Changan still has a 10% pre-emptive right, and Avita is expected to increase its stake in lookout to 20%.
According to FAP, after Avita bought a 10% stake in Huawei for 11.
5 billion yuan, Changan still has 10% pre-emptive right.
Changan will buy another 10% at a price of 11.
5 billion, and it cannot be ruled out that Avita will still buy all of it.
On August 20, Avita Guanxuan invested in Huawei to sign the agreement, becoming Huawei’s second largest shareholder and will work with Huawei to build “the world’s leading smart car.
” According to the financial statements of Shenzhen Vision Intelligent Technology Co., Ltd. (Huawei BU) issued by Daxin Accounting firm in 2022 and 2023 and the simulated financial statements in the first half of 2024, Shenzhen’s operating income from 2022 to the first half of this year was 2.
098 billion yuan, 4.
7 billion yuan and 10.
435 billion yuan respectively, and the gross profit margin of its main business was 17.
73%, 32.
13% and 55.
36%, respectively.
The net profit is-7.
587 billion yuan,-5.
597 billion yuan and 2.
231 billion yuan, respectively.
It is estimated that the net profit will be 3.
351 billion yuan in 2024.
▌ the Ministry of Commerce held a meeting to listen to opinions and suggestions on raising tariffs on large-engine fuel vehicles.
According to the website of the Ministry of Commerce, the responsible comrades of the Finance Department of the Ministry of Commerce presided over a meeting on August 23 to listen to the opinions and suggestions of the industry and experts and scholars on raising import tariffs on large-engine fuel vehicles.
Representatives of relevant industry organizations, research institutions and automobile enterprises attended the meeting.
, 
, ▍ Hangzhou Automobile replacement subsidy New Policy was introduced, with a maximum subsidy of 12000 yuan, IT House reported on Aug.
24, in order to encourage cars to trade in old cars, Hangzhou has launched preferential policies for individual consumers.
According to the new regulations, consumers who scrap or transfer (excluding changes) their own passenger cars and buy new passenger cars with less than seven seats (including seven seats) in Zhejiang Province will receive different amounts of subsidies.
Specifically, the subsidy for fuel vehicles with prices between 50, 000 and 150000 yuan (excluding) is 6000 yuan, while that for new energy vehicles is 8000 yuan.
the subsidy for fuel vehicles with prices between 150000 and 250000 (excluding) is increased to 8000 yuan.
New energy vehicles can enjoy a subsidy of 10000 yuan.
for fuel vehicles with prices of 250000 or above, the subsidy is 10000 yuan and 12000 yuan for new energy vehicles.
The price of the new car shall prevail in accordance with the price on the uniform invoice for Motor vehicle sales, and the place where the invoice will be issued will be the place where the subsidy will be accepted.
Consumers applying for subsidies should register their used cars no later than August 22 (including that day).
Interested consumers need to submit their applications through WeChat Mini Programs’s “Automobile replacement Renewal in Zhejiang Province” before January 10, 2025, and upload relevant information and certificates as required.
▍ Cyrus will launch a new proprietary channel to open its first brand flagship store in September, according to several people familiar with the matter, similar to Huawei.
It is understood that Selis has been planning the matter, and the flagship store is located in Beijing’s Oriental Square, when the model of the Mengjie brand will also be displayed in the store.
Selis insiders said about the building of their own flagship store, “the current mode of cooperation between the two sides remains the same, and will only go deeper.
” Industry insiders believe that opening a self-operated flagship store can not only meet the needs of Cyrus to enhance its corporate brand image, but also indirectly enhance the attention and awareness of its blue electricity and other brands with the help of the popularity of its models.
▍ official response to the “S9 flying slope incident”: human intervention, not objective, not rigorous, August 25, Hengjie Automobile Weibo issued a statement saying that it had noticed that the media had conducted a high-speed slope “test” on public roads, saying that the vehicle “can not maintain a straight line, the whole vehicle deviated to one side” after flying the slope, and led to a lot of online discussion.
Hengjie Automobile said, after data analysis and repeated tests, that the conclusion is not objective, not rigorous, and misleading to consumers, and would like to clarify as follows: according to the national monitoring platform data, and combined with video picture analysis, the “test” took place at around 12:42 on August 16, 2024, the vehicle speed 63km/h.
Before the wheel takes offThe opening of the switch is 28.
8%, and the steering wheel rotates 23 degrees to the right, with a co-directional torque of 1.
96nm detected.
then the steering wheel turns to the left and returns to the right.
If the steering wheel rotates due to its own reasons, the steering wheel rotation direction should be opposite to the direction of the testing torque.
In this “test”, the driver intervened actively, artificially turning the steering wheel to the right, and then corrected to the left, resulting in the yaw of the vehicle.
Repeated tests under the same conditions show that the S9 can drive in a straight line without the driver actively interfering with the steering wheel.
According to 36 krypton, BAIC has invested 1.
6 billion yuan to build a super factory, producing S9, and 100% automation of key processes.
▍ Nashi S hunting suit is officially on the market, with a price of 159900 yuan.
On August 25th, Nashi S hunting suit is officially on the market.
The new car provides two kinds of power: extended range and pure electricity, in which the price range of the extended range model is 16.
99-179900 yuan, and that of the pure electric model is 15.
99-209900 yuan.
The new car is based on Shanhai platform version 2.
0 architecture and uses many family design languages.
The length, width and height of the car are 4980ax 1980×1480 mm and wheelbase 2980 mm respectively.
The cockpit is equipped with 13.
3inch hidden instrument, 17.
6inch suspension central control screen and AR-HUD head display.
In addition, the official released an 800V version of the Negro S hunting suit at the press conference.
The new car will be delivered in mass production by the end of October.
The new car will be priced at 189900 yuan in advance.
According to ▍, Han Junyu, former head of Baidu Vision, joined the Changan Intelligent driving team.
According to “later LatePost”, Han Junyu, the former senior manager of Baidu Visual Technology Department, recently joined the Changan Intelligent driving team and reported to Tao Ji, Changan’s chief intelligent driving technology officer.
According to the report, Han Junyu joined Baidu in 2012 as an early employee of Baidu’s IDL Deep Learning Lab, engaged in visual AI research and development, and has developed visual models, digital human, face recognition, OCR (character recognition), visual intelligence hardware and other technologies and products.
Tao Ji, the overall head of the Changan Zhijia R & D team, worked with Han Junyu at Baidu.
According to public information, Changan’s entire self-research and development team currently has about 600 people.
The Changan Qiyuan E07 to be released in the second half of this year will be the first model equipped with the Changan self-Research L2 + program, which uses the Nvidia Orin X platform and is equipped with lidar to achieve high-speed NOA and upgrade to urban NOA in the future.
▍ Deep Blue S07 Huawei Qianqian ADS SE version has been reduced.
According to news on Aug.
25, Deep Blue announced a reduction in the price of some models of the Deep Blue S07, with the latest official instruction price of RMB18.
49-207900.
The price of the ADS SE version of the Whitehead is reduced by 5000-8000 yuan.
The price of the extended range version is reduced by 3000 yuan, and the latest official guidance price is 176900 yuan.
At the same time, officials say they will provide compensation for the price difference for users who have bought cars.
Deep Blue S07 officially went on sale on July 25, which has been one month since.
On the afternoon of August 24, Deep Blue issued a notice on the clarification of S07 delayed delivery compensation Policy, which mentioned that Deep Blue promised to implement the delayed delivery compensation policy for non-customer reasons.
The compensation standard is RMB 120 per day (the upper limit of the cumulative compensation amount is RMB 10000).
The deferred compensation days are calculated from the day after the latest expected delivery date to the day when the user is notified to pick up the car.
▍ Huawei announced the price of ADS SE high-end feature pack: an one-time purchase of 5000 yuan, IT home August 25 news, Huawei smart car solution officially announced today the price of HUAWEI ADS SE (basic version of smart driving) high-end feature pack.
The standard price of HUAWEI ADS SE (basic version) high-end function pack is 5000 yuan for one-time purchase, 100 yuan per month and 1000 yuan per year, including LCC Plus (urban lane cruising assistance) and AVP (valet parking assistance) functions.
The previous announcement on the price of the HUAWEI ADS high-end feature pack remains unchanged.
Among them, the one-time purchase price is 36000 yuan.
From July 1, 2024, the one-time purchase discount price of ADS high-end function pack is adjusted to 30000 yuan, and the limited time discount is valid from July 1, 2024 to December 31, 2024.
The price of subscription (monthly, prepaid) remains unchanged, that is, the monthly price is 720 yuan / month, and the annual price is 7200 yuan / year.
The Zhijie S7 Pro model will launch the HUAWEI ADS basic intelligent driving system, and the new M7 Pro will also support it.
, 
, ▍ Avita promotes the purchase of lifetime high-end packages for dry ADS: 30, 000 to 10, 000, Avita officially announced a few days ago that it will launch Huawei dry ADS lifetime high-end function package time-limited rights, and the actual payment price will be adjusted to 10000 yuan within a limited time.
In addition, the official also said that users who have purchased Huawei Qianwei ADS lifetime high-end function package at their own expense will refund the price difference within a week according to the actual paid price, and that the time-limited rights of high-level smart driving packages and the time-limited rights of cars can be superimposed.
As a reference, the purchase of this function pack can mainly upgrade the urban intelligent driving navigation assistance (City NCA), valet parking assistance (AVP) functions, the original option price of the function package is currently 30000 yuan.
▌ International, ▍ BYD Q2 ranked seventh in the world in sales, surpassing Honda for the first time, the Nikkei News reported on Aug. 23. Between April and June 2024, BYD, China’s largest carmaker, surpassed Honda, Nissan and Suzuki in global new car sales, surpassing Honda, Nissan and Suzuki to become the seventh largest in the world.
And, driven by low-cost pure electric vehicles, BYD is gradually approaching GM, Ford and other large American auto companies.
Statistics show that BYD sold 980000 vehicles in the second quarter of 2024, up 40% from a year earlier.
In particular, overseas sales increased by about three times to 105000 vehicles, which played an important role in promoting sales growth.
For the first time on a quarterly basis, BYD overtook Honda, whose global sales fell 5 per cent to 920000 vehicles.
At present, Toyota is the only Japanese company that ranks ahead of BYD in global sales rankings.
A year ago, BYD sold 700000 vehicles from April to June 2023, ranking 10th in the world.
and ▍ are the furthest from meeting emission standards.
Volkswagen and Ford may face EU fines, according to European Automotive News.
According to a report by data company Dataforce, automakers must increase sales of new energy vehicles to meet the EU’s 2025 carbon dioxide emissions target.
It is understood that the European Union will implement stricter emission standards in 2025, when the average carbon dioxide emissions of new cars on sale will be93.
6 grams per kilometre, down from 116 grams per kilometre effective in 2021.
Judging from the current situation, Ford Motor and Volkswagen Group have the largest gap with the EU’s 2025 carbon emissions targets and are the most likely to face fines.
In 2021, car companies were fined a total of 550 million euros for failing to meet emissions standards.
The market share of pure electric vehicles in Europe fell to 13.
3 per cent in the first half of this year, down from 13.
8 per cent in the same period last year.
“Pure electric vehicles and plug-in hybrids offer the greatest potential for emission reduction, but subsidy cuts prevent them from moving to the mass market,” Dataforce said in the report.
According to Reuters, Italy’s industry minister Adolfo Urso said on Thursday that if Stellantis fails to make a clear commitment to build a battery plant in the country within “a few hours”, the government will reallocate EU funds earmarked for the project to other projects.
The battery plant mentioned in this article is a plant ACC originally planned to build in Italy, which was co-founded by Stellantis, Total Energy Total Energies (through its subsidiary Saft) and Mercedes-Benz in 2020.
According to early plans, the three battery superfactories built by ACC will be located in France, Germany and Italy.
The three Oriental companies have jointly pledged to increase the factory’s annual production capacity to 120GWh by 2030.
In June, however, ACC suddenly announced that it would shelve plans for two battery plants in Kaiserslautern, Germany and Telmori, Italy, in response to slowing sales of electric vehicles and deep cost considerations.
Although Stellantis said in a report released later in the day that ACC was still strengthening the construction plans of various superfactories, Urso’s warning still reflects a further intensification of antagonism between European traditional car manufacturers and car companies during a period of electrification change.
▍ BMW overtook Tesla in European sales for the first time in July.
BMW delivered 14869 electric vehicles in Europe in July, topping the local electric vehicle sales rankings, narrowly surpassing Tesla’s 14561, IT House reported on Aug. 23. This marks a 35% year-on-year increase in BMW, surpassing Tesla for the first time in the European electric car market.
Despite losing her “sales crown” throne, Tesla Model Y remained the local best-selling electric car with 9544 registrations.
Overall, European car sales in July were 1.
03 million, up 2 per cent from a year earlier.
However, sales of pure electric vehicles fell 6 per cent to 139300 registrations and market share fell to 13.
5 per cent.
▍ Volkswagen said it would flexibly adjust its battery capacity targets.
On August 23, ITHome reported that Volkswagen has begun to build two new plants in Germany and Spain, and preliminary work is already under way on a third plant in Ontario, Canada.
Thomas Schmall, head of the battery division of Volkswagen Group, told Frankfurt Daily Sunday that the company’s battery capacity target is not “static” and that Volkswagen Group will closely monitor the trend of electric vehicle demand.
“our goals are realistic, but not immutable.
Building a battery factory is not the ultimate goal.
The expansion of the factory will depend on the development of the electric vehicle market.
” ▍ Hyundai Motor Group has a 10% share of the US electric vehicle market, surpassing Ford, General Motors and Automotive Industry tracking Agency (Motor Intelligence).
By the end of July, Hyundai Motor Group (including Kia and Genisse brands) accounted for 10% of the US electric vehicle market, ranking second after Tesla (49.7%). Surpassed Ford (7.
4%) and GM (6.3%). It is worth noting that Tesla has ranked first in sales in the US market for many years in a row, with a market share of more than 50 per cent.
However, Tesla’s share of the US electric car market fell to 49.
7 per cent in the second quarter of this year, falling below 50 per cent for the first time.
It is understood that Hyundai IONIQ 5 and IONIQ 6 are Hyundai’s main models in the US market.
Although sales of the two models declined in July, sales of these two models increased by 25 per cent and 54 per cent respectively in the first seven months of this year.
▍ Tesla restarts the car owner recommendation program in the United States, and the reward is even bigger.
Tesla announced to restart its owner recommendation program in the United States and restored a bigger reward: you can get a $1000 (currently about 7131 yuan) discount on Tesla electric car recommended by others, according to news from IT House on August 25.
Tesla’s recommendation program, which has been around on and off for a decade, was briefly cancelled last April.
In recent years, Tesla has greatly reduced the incentives to participate in the recommendation program, making it less important in the marketing strategy.
Now, Tesla has re-launched the recommendation program and restored a bigger reward: if a new Tesla buyer buys Model S, Model X, Model Y or Model 3 through someone else’s recommendation code, the new buyer will receive a discount of $1000, while the presenter will receive $500, which can be used to buy any Tesla products, including vehicles.
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