Focusing on industrial and economic policies, new U.S. regulations may require General Motors and Ford to stop importing cars made in China.
An official from the U.S. Department of Commerce told Reuters on September 23 that under a proposed rule to crack down on China software and hardware, General Motors and Ford Motor will need to stop importing cars from China.
Currently, the Buick Envision sold by General Motors in the United States and the Lincoln Nautilus sold by Ford in the United States are both assembled in China.
The United States has established a new US$1 billion fund to help auto parts suppliers transform into electric.
The U.S. government has established a new US$1 billion fund through investment company Monroe Capital to fund the U.S. auto parts supply chain.
The U.S. government said the new fund, called Drive Forward Fund LP, will “help small and medium-sized auto parts manufacturers obtain lower-cost funding to refinance, continue development and diversify their businesses.
” Focusing on new trends in traditional car companies,Stellantis began to look for a new CEO candidate.
Stellantis said on September 23 that the company is looking for a successor to CEO Carlos Tavares and said this move is normal because Tang Weishi’s current contract will expire in January 2026, but Tang Weishi may also be re-elected by then.
Focus on electrification, battery manufacturer Northvolt will lay off 1,600 people in Sweden.
Due to lower-than-expected demand for electric vehicles, Swedish battery manufacturer Northvolt plans to lay off 1,600 people in Sweden, accounting for about one-fifth of its global workforce.
Among them, the company will lay off 1,000 people in Skelleftea, 400 people in Västerås and 200 people in Stockholm.
, Focusing on networking, the speed supported by the Mercedes-Benz L3 system will be increased to 95km/h.
On September 23, Mercedes-Benz announced that the new version of the company’s L3-class conditional autonomous driving system DRIVE PILOT will support a maximum of 95 km/h on German highways.
The new version will be available for delivery in Germany in early 2025.
Customers of the existing DRIVE PILOT driving guidance system can upgrade through OTA or back to the factory without having to replace any components.
, Lidar maker Lumiar has laid off 30% of its workforce this year, and Luminar Technologies, a maker of self-driving car lidar sensors, said on September 23 that as part of a restructuring plan, it has laid off about 30% of its workforce since early 2024, compared with the previously announced layoffs of 20%.
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