[International News] Huawei Car BU is valued at 115 billion yuan; GM will lay off more than 1000 people; Trump says he is considering ending electric vehicle tax credits

Focusing on intelligence, Huawei’s car is valued at BU 115 billion yuan.

Avita Technology plans to sign an “Equity Transfer Agreement” with Huawei in Chongqing on the morning of August 20, stipulating that Avita Technology will purchase Shenzhen Yinwang Intelligent Technology held by Huawei.

10% equity of Technology Co., Ltd., with a transaction amount of RMB 11.

5 billion.

After the completion of this transaction, Avita Technology will hold 10% of Yinwang, and Huawei will hold 90% of Yinwang.

Based on Avita’s investment finance and shareholding ratio, Yinwang’s valuation is 115 billion yuan.

The United States released a V2X connected vehicle safety technology deployment plan.

On August 16, the U.S. Department of Transportation released the “U.S. National V2X Technology Deployment Plan.

” The U.S. Department of Transportation said it has urged automakers and government officials to widely deploy connected automotive technology called “V2X”(Vehicles and the Internet of Everything) over the next 12 years.

Focus on traditional car companies, GM will lay off more than 1,000 people.

On August 19, GM said it would lay off more than 1,000 salaried employees in its global software and services divisions.

“As we build GM’s future, we must simplify processes, pursue speed and excellence, make bold choices, and prioritize investments that will have the greatest impact,” GM said.

The UAW is considering launching a strike against Stellantis.

On August 19, the United Automobile Workers (UAW) announced that some local unions representing Stellantis workers are preparing to file a complaint and may launch a nationwide strike, claiming that Stellantis has failed to fulfill its production commitments.

Focusing on the Industrial and Economic Policy, Trump said he would consider ending the electric vehicle tax credit.

On August 19, US Republican presidential candidate Donald Trump said that if elected, he would consider ending the $7,500 tax credit provided to the purchase of electric vehicles and would be willing to nominate Tesla CEO Musk to the cabinet or serve as a consultant.

Focusing on electrification, Acura expects to launch an electric sports car in 2027 or 2028.

Shinji Aoyama, Acura’s global executive vice president, said that the company will produce an “NSX-like” electric sports car, and the new car is expected to be launched in 2027 or 2028.

However, he did not say whether the car would be named NSX.

, Hyundai has become the second largest electric vehicle seller in the United States, and Hyundai Motor Group has continued to narrow the gap with Tesla and become the second largest electric vehicle seller in the United States.

According to Motor Intelligence, in the first seven months of 2024, Hyundai Motor Group’s share of the U.S. electric vehicle market was 10%, surpassing Ford (7.

4%) and General Motors (6.3%). Return to the first electric network home page>,.

Link to this article: https://evcnd.com/international-news-huawei-car-bu-is-valued-at-115-billion-yuan-gm-will-lay-off-more-than-1000-people-trump-says-he-is-considering-ending-electric-vehicle-tax-credits/

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