Focus on electrification,Lucid’s second-quarter deliveries exceeded expectations.
As price cuts boosted demand for its luxury electric cars, U.S. electric vehicle manufacturer Lucid delivered 2,394 vehicles in the second quarter, higher than analysts ‘average forecast of 1,940 vehicles.
Analysts pointed out that due to seasonal factors, Lucid will deliver more cars in the second half of the year, which is consistent with the automotive industry.
Lucid produced 3,838 vehicles in the first half of the year.
In the first half of this year, American electric vehicle manufacturer Lucid produced 3,838 vehicles.
To achieve the annual production forecast of 9,000 vehicles, Lucid needs to produce 5,162 vehicles by the end of this year.
It is reported that the company will produce 8,428 vehicles in 2023.
, Mercedes-Benz is slowing down its battery plan.
Mercedes-Benz Chief Technology Officer Markus Schaefer said that as electric vehicle sales are expected to decline, Mercedes-Benz will wait and see whether demand for electric vehicles rebounds before increasing battery production capacity, which means that Mercedes-Benz will no longer need the battery production capacity originally planned to be achieved in 2030.
Focusing on traditional car companies, Hyundai’s sales in India in the first half of the year hit a new high in the same period.
According to data released by the Federation of Automobile Dealers Associations of India (FADA), from January to June this year, Hyundai Motor’s passenger car sales in the Indian market were 272,207 units.
, a year-on-year increase of 2%, setting a record high for the same period in history, but its market share declined.
Stellantis ‘Italian production may fall sharply.
Italian unions said that due to the government’s postponement of promised electric vehicle subsidies, which has exacerbated the slowdown in demand for electric vehicles.
If this trend continues, Stellantis’ car production in Italy this year may fall by about one-third, from 751,000 last year to more than 500,000 vehicles.
Focusing on industrial and economic policies, Japan’s new car sales fell by 5% in June.
According to data released by the Japan Automobile Manufacturers Association, Japan’s new car sales reached 373,599 units in June, a year-on-year decrease of 5%.
In the first half of 2024, cumulative sales of new cars in Japan fell 13% year-on-year to 2,127,490 units.
, Focusing on the supply chain,LG New Energy will adjust its investment rhythm.
LG New Energy CEO Kim Dong-myung emphasized on July 4 that in the depressed industry environment, it is necessary for the company to adjust its investment rhythm.
“Due to our proactive acceptance of orders and expansion of business, we have experienced many inefficiencies in areas such as manpower, facilities and procurement.
Now is the time to slow down the pace of investment.
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