Highlights of Week E| Geely and Renault joint venture established; new energy vehicle purchase restrictions will be lifted

What are the major events in the new energy vehicle market this week? The joint venture between Geely and Renault Group was formally established.

On May 31st, Geely Holdings Group and Geely Automobile Holdings Limited (0175.

HK) (hereinafter collectively referred to as “Geely”) and Renault Group officially established HORSE Powertrain Limited.

The new company is headquartered in London, England.

Geely, Geely, on July 11, 2023, Geely and Renault Group signed a joint venture agreement.

Now the establishment of the joint venture company has been approved by the relevant departments, and the dust has finally been settled.

Geely and Renault Group each hold 50% of the new company.

In terms of corporate structure, Matias Giannini is appointed as HORSE Powertrain Limited CEO, the board of directors is composed of six directors from both shareholders, and CEO Li Donghui of Geely Holdings serves as chairman of HORSE Powertrain Limited.

The two subsidiary business groups of the new company, Aurora Bay and Horse, will maintain their original management: Wang Ruiping will continue to serve as CEO of Aurora Bay, based in Ningbo, Hangzhou Bay, China.

and Patrice Haettel will continue to serve as Horse CEO, based in Madrid, Spain.

They will report directly to the Matias Giannini.

As of April 30, 2024, Horse and Aurora Bay will be spun off from Renault and Geely respectively.

Earth comments: join hands with each other, the powertrain field ushered in a fierce general.

The State Council: gradually abolish restrictions on the purchase of new energy vehicles in various localities.

A few days ago, the State Council issued the 2024-2025 Action Plan for Energy Saving and carbon reduction, which proposes to promote the low-carbon transformation of transportation equipment, speed up the phase-out of old motor vehicles, raise access standards for energy consumption limits for operating vehicles, gradually abolish restrictions on the purchase of new energy vehicles in various places, and implement supporting policies such as facilitating the passage of new energy vehicles.

Official screenshot of the government, it is understood that at present, many cities, including Beijing, Shanghai, Shenzhen, Guangzhou and so on, have set restrictions on the purchase of new energy vehicles.

Shanghai, Shenzhen and other places require car buyers to pay social security for a certain number of years, while Beijing requires car buyers to obtain the allocation index of new energy vehicle license plates by queuing lottery numbers before they are eligible to buy.

A few days ago, Shenzhen just lifted the social security restrictions.

Gaishi comments: while abolishing the restrictions on the purchase of new energy vehicles, infrastructure should also keep up with it.

BYD released the fifth-generation DM technology, and on May 28th, BYD released the fifth-generation DM technology and launched two new models: Qin L DM-i and Seal 06 DM-i, both of which have launched five versions, priced between 99800 yuan and 139800 yuan.

BYD, official said that the fifth generation DM technology achieved the world’s highest engine thermal efficiency of 46.

06%, the world’s lowest 100 km fuel consumption of 2.

9 L and the world’s longest comprehensive range of 2100 km, creating an era of fuel consumption 2 and redefining a new benchmark of plug-in technology.

In 2023, sales of mixed models in China increased by 85% compared with the same period last year, making it the hottest track in the new energy market.

So far, more than 3.

6 million of BYD’s mixed models have been sold, and one out of every two cars sold in China is BYD.

Three out of every four cars sold in the world are Chinese brands, and BYD has led China to become the mainstream route of global automotive technology.

As BYD President Wang Chuanfu said at the press conference, “the most advanced mixing technology in the world is in China!” The global interruption has entered the moment of China! ” Gaishi comments: whether it is the fifth generation DM technology or the price of new cars, BYD has won this wave.

Jianghuai Huawei “super factory” opened recruitment, requiring joint venture or head car company experience.

On May 30, according to the Financial Associated Press, it was learned from insiders that the Jianghuai high-end new energy vehicle base “Super Factory”, which is in charge of Jianghuai high-end new energy vehicle production and located in Feixi Zhongpai area, has started the recruitment process, in the category of M, mainly for management and expert positions.

Including stamping plant director, car body factory director, painting factory director, general assembly plant director, process and technology department minister, production logistics minister, lean production expert and so on.

Job requirements, in addition to bachelor’s degree, a number of positions require more than five years of relevant management experience in the automotive industry, joint venture or head car companies.

The location of the Jianghuai high-end new energy vehicle base under rapid construction in April this year.

photo source: issued by the people’s Government of Hefei, in December last year, Jianghuai Automobile and Huawei Terminal Co., Ltd. signed the “Intelligent New Energy vehicle Cooperation Agreement”.

Based on Huawei’s smart car solution, the two sides will fully cooperate in product development, manufacturing, sales, service and other fields to create luxury intelligent networked electric vehicles.

In May this year, Yu Chengdong, managing director of Huawei and chairman of BU, revealed that the name of the product to cooperate with Jianghuai has not yet been decided, and it may have to be a million-level, very high-end one.

“We go far beyond Maybach and Rolls-Royce Phantom, and have a more luxurious, high-end and comfortable position than them.

” On May 21, Galaxy learned that Jiangqi said it would launch a luxury smart new energy vehicle it had partnered with Huawei.

Gaishi comments: since it is to build a luxurious intelligent online electric vehicle for Standard Maybach and Rolls-Royce, the employment threshold of Jianghuai Huawei will not be too low.

On May 30, Zhiji Automotive Technology Co., Ltd. (“Zhiji Automobile”) and Wuhan Lulai Energy Co., Ltd. (“Weilai Energy”) formally reached a charging network interconnection cooperation.

, map source: Zhiji official micro interception, according to the cooperation agreement, from May 30th, Zhiji car users can view the location, price, status, usage and other information of the charging piles in real time nationwide through APP and car phone charging maps, and can quickly complete the operations such as code scanning charging and order payment, and can directly deduct the power rights and interests of Zhiji users to enjoy a more convenient, high-quality and intelligent charging experience.

Since November 2023, Weilai has successively realized charging interconnection with Changan Automobile, Geely Automobile, SAIC General Motors, Xiaopeng, Jiyue, Lutes and other automobile brands.

At present, more than 80% of the electricity service is available to non-users.

Gaishi comments: charging interconnection, convenient for car companies and users.

, return to the first electric network home page >.

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