Gestal Weekly| Tesla’s “brake door” final judgment; Huawei’s “respect for the world” enters the test production stage

What major events have happened in the automobile industry at home and abroad this week? Tesla Shanghai auto show “brake door” judgment: vehicle identification without fault, recently, Tesla and Xi’an Ms.

Li reputation infringement case ushered in the second trial judgment.

The judicial appraisal institution entrusted by the court conducted an appraisal of the vehicle involved in the case, and the appraisal opinion was that the current technical condition of Tesla’s vehicle braking system was normal, effective and without fault, and there was no situation in which the brake pedal could not be pressed and the braking efficiency decreased, in line with the relevant technical standards.

The court held that some of the appeal grounds of Tesla Company were established, while Li’s appeal grounds were not established, and the court rejected Li’s appeal claim.

The amount that Li should compensate Tesla was adjusted from 2000 yuan in the first instance to 70, 000 yuan.

The defendant, Ms.

Xi’an Li, had a traffic accident driving Tesla in March 2021.

On April 19, 2021, Ms.

Li from Xi’an and Ms.

Zhang from Henan, wearing clothes with the words “brake failure”, appeared at the Tesla booth of the Shanghai Auto Show to defend their rights.

On the same day, Ms.

Zhang from Henan was detained by Qingpu Branch of Shanghai Public Security Bureau for disturbing public order, and Ms.

Li from Xi’an was given an administrative warning.

Earth comments: this three-year farce is finally over.

Huawei Jianghuai co-brand “Zunjie” entered the stage of test production.

On August 6, Huawei and BAIC car sharing S9 just launched.

The next day, there was new progress in the brand “respecting the boundary” of Huawei’s cooperation with another car company, Jianghuai.

It is reported that Jianghuai Automobile is speeding up the recruitment work related to the boundary-respecting project, including quality system experts, quality evaluation experts, product line quality experts, production quality experts, vehicle quality experts and other positions.

“the job report is for the chief quality officer of the project,” the report quoted people familiar with the matter as saying.

“the position requires more than eight years of relevant experience in high-end car projects, and the model must be more than 300000 yuan.

The background of the joint venture is preferred.

” Jianghuai high-end new energy vehicle base, photo source: Jianghuai Automobile Group, it is reported that Jianghuai Automobile plans to build 38 boundary-respecting test cars and set up a quality team of 300 people.

In July this year, Xiang Xingchu, party committee secretary, chairman, and general manager of Jiangqi Group, revealed that “the first product has now entered the vehicle test and verification stage, and it is planned to be off-line at the end of this year and listed in the first half of next year, and the development of follow-up products will be promoted in an orderly manner.

” Global comments: Hongmeng Zhihang’s new model camp is gradually taking shape.

On August 5, Xiaopeng Huitian received US $150 million in B1 round financing, while Xiaopeng Huitian official announced that it received US $150 million in B1 round financing and launched B2 round financing at the same time.

, photo source: Xiao Peng Huitian, Xiao Peng Huitian pointed out that this financing will be used to ensure the smooth realization of Xiaopeng Huitian flying car research and development, mass production and commercialization process.

At present, Xiaopeng Huitian is making every effort to promote the mass production of the company’s split flying car “Land aircraft Carrier”.

The flying car is scheduled to start pre-sale at the Guangzhou Auto Show in the fourth quarter of this year, and mass production delivery will begin in the fourth quarter of next year.

The flying car is really coming! The Continental Group plans to split into two, and the Automobile Group will be listed independently.

On the evening of August 5, the Continental Group officially announced that due to the rapidly changing development of the automobile market, the executive board of the Continental Group decided to conduct a further detailed evaluation of the split of the Automobile Group after a strategic review.

Photo: continental Group, which said that the purpose of setting up two independent companies is to give full play to the potential of Continental Group in value creation and business growth.

After a detailed assessment, the Executive Board will make a decision on the split in the fourth quarter of 2024.

With the approval of the Executive Board and the Supervisory Board, the split and listing of the Automobile Group’s business will be voted on at the annual general meeting of the Continental Group on April 25, 2025.

If approved, the split plan will be completed by the end of 2025.

Gaishi comments: parts giants carry out “self-revolution”.

Black Sesame Intelligence was successfully listed on the main board of the Hong Kong Stock Exchange.

on August 8, Black Sesame Intelligence was officially listed on the main board of the Hong Kong Stock Exchange, becoming the first domestic self-driving chip stock under the stock code 02533.HK. Photo: black Sesame Intelligence, which was officially listed on the Hong Kong Stock Exchange in mid-June and plans to issue 37 million shares at a price of HK $28 to HK $30.

30 per share.

According to Black Sesame Intelligence’s announcement on the Hong Kong Stock Exchange last night, its Hong Kong IPO was priced at HK $28 per share, deducting HK $85.

2 million of listing expenses and a net fund-raising of HK $951 million.

It is understood that the net funds raised by Black Sesame Intelligent IPO will be used for the following purposes: about 80.

0% of ● will be used for research and development in the next five years, specifically allocated to the R & D team that will develop smart car specification-level SoC.

about 25.

0% will be used to develop and upgrade the company’s smart car software platform About 20.

0% will be used to purchase materials, streaming services and software for the research and development of smart car SoC and vehicle specification IP core, and about 5.

0% will be used to develop self-driving solutions, such as the next-generation V2X edge computing solution and the next-generation commercial vehicle active safety system Patronus.

About 10.

0% of ● will be used to improve the company’s commercialization capacity.

and about 10.

0% of ● will be used for working capital and general corporate purposes, especially the procurement of SoC mass-produced inventory.

Global comments: smart car AI chip the first share.

Turkey’s foreign direct investment (FDI) will increase by at least 20% this year and is in talks with two Chinese car companies.

Turkey expects foreign direct investment (FDI) to increase from about US $10 billion in 2023 to US $12 to US $14 billion this year, including investment in the automotive industry and data centers, said Burak Daglioglu, head of the Turkish President’s Office of Investment.

According to the official Wechat account of the Turkish Embassy in Beijing, Daglioglu said that Turkey received an average of 0.

9 per cent of global FDI in the 20 years to 2023 and hopes to increase that proportion to 1.

5 per cent in the medium term, that is, the size of FDI will be about US $15 billion to US $20 billion annually by 2028.

In the first five months of this year, Turkey’s FDI was $4 billion.

In June this year, the Financial Action Task Force on money laundering (FATF), an international organization, removed Turkey from the “grey list” and upgraded its credit rating.

Daglioglu said that since then, foreign investor interest in Turkey has increased.

Daglioglu noted that “FDI has shown a positive trend again over the past two months”, with investors still wanting to confirm that inflation is falling and geopolitical tensions have created some uncertainty.

Daglioglu revealed that BYD announced in JulyAfter Burundi will invest and build a factory in Turkey, another Chinese company plans to build an automobile factory in Turkey.

When asked about Chery and SAIC Motor’s investment in Turkey, Daglioglu said that the two companies have been negotiating with relevant departments and potential partners, and the negotiations are moving in a positive direction, but the timing and nature of the two investments may differ.

Gaishi Comment: Turkey is becoming a new bridgehead for Chinese car companies to enter the European car market.

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