Focusing on electrification, Tesla’s Shanghai factory has been exposed to production cuts.
According to industry data and information disclosed by people familiar with the matter, Tesla’s Shanghai factory plans to reduce Model Y production from March to June.
At least 20%.
The move aims to solve the problem of weak demand for Tesla Model Y in the Chinese market.
, Lucid cuts 6% in the United States.
On May 24, U.S. electric vehicle manufacturer Lucid Group said it would lay off 6% in the United States, or about 400 employees.
It is reported that the layoffs will affect all levels of employees, including leadership and middle management, but the layoffs will not affect time-honored employees in manufacturing and logistics.
Glass Lewis: Tesla shareholders should reject Musk’s salary plan.
Glass Lewis & Co.
, a large agency consulting firm, recommended that Tesla shareholders veto a $56 billion salary plan for Tesla CEO Musk on the grounds that the salary plan is “too large” and has a “diluting effect” when exercising rights.
, Focusing on intelligence,NHTSA has expanded its investigation of Waymo, and the National Highway Traffic Safety Administration (NHTSA) has expanded its investigation of Waymo, a self-driving car subsidiary of Alphabet, because the agency has found that Waymo cars have experienced more collisions or possible traffic violations.
, Focusing on the supply chain,Verkor has received more than 1.
3 billion euros in investment, and French battery startup Verkor has received more than 1.
3 billion euros (approximately 1.
4 billion US dollars) in green loans to complete the construction of its factory in northern France.
The plant is scheduled to start operations next year and will produce nickel-manganese-cobalt batteries with an initial annual production capacity of 200,000 electric vehicles.
Focusing on industrial and economic policies, new car sales in the United States may increase by 2.
9% in May.
Relevant reports show that driven by demand for cross-border SUVs and pickup trucks, new car sales in the United States are expected to reach 1,446,800 units in May, an increase of 2.
9% over the same period last year.
For the month, the average transaction price of new cars in the United States is expected to be approximately US$45,033, down US$1,045 from the same period last year.
Italian Minister: The EU should follow the example of the United States in imposing tariffs on Chinese products, Italian Industry Minister Adolfo Urso said that the EU should follow the example of the United States and protect its industry by imposing tariffs on Chinese products.
When talking about the automobile industry, Urso specifically pointed out that the United States ‘sharp tariff increase may cause China to divert exports to Europe, thereby damaging industries in the region.
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