Focusing on electrification,Rivian’s second-quarter revenue was lower than expected. U.S. electric vehicle manufacturer Rivian’s second-quarter revenue was US$1.
16 billion, compared with US$1.
121 billion in the same period last year.
Analysts expected US$1.
17 billion.
net loss was US$1.
457 billion, compared with a loss of US$1.
195 billion in the same period last year.
cash and cash equivalents were US$5.
76 billion, and analysts expected US$5.
64 billion.
Rivian expects to produce 57,000 vehicles in 2024, while U.S. electric vehicle manufacturer Rivian still expects to produce 57,000 vehicles for the full year of 2024, higher than analysts ‘expectations of 56,000 vehicles.
Rivian still expects a full-year adjusted interest-and-tax loss of $2.
7 billion, and analysts expect a loss of $2.
74 billion.
, Rossmann announced that it will no longer buy Tesla electric vehicles, and European retail giant Rossmann announced that it will no longer buy Tesla electric vehicles, effective immediately.
Rossmann believes Tesla CEO Musk supports Trump, but Trump has repeatedly described climate change as a hoax, an attitude that runs counter to Tesla’s mission to contribute to environmental protection by producing electric vehicles.
, Tesla recalled more than 1.
68 million vehicles in China, and Tesla filed a recall plan with the State Administration of Market Supervision and Administration of China.
Starting from now on, a total of 1,683,627 imported Model S, Model X and domestic Model 3 and Model Y electric vehicles with production dates from October 15, 2020 to July 17, 2024 will be recalled.
Focusing on traditional car companies, it is rumored that Dongfeng Motor is expected to build a factory in Italy.
People familiar with the matter revealed that negotiations between the Italian government and Dongfeng Motor Group on building a car factory in Italy have entered the final stage.
People familiar with the matter added that the Roman government may co-invest and hold a minority stake with Dongfeng in a project that aims to create an automotive hub for all of Europe.
, Focusing on intelligence,Waymo expands its autonomous taxi service areas.
Waymo, a self-driving company owned by Alphabet, said it is expanding its autonomous taxi service areas in San Francisco and Los Angeles to meet the growing demand of customers.
Waymo One’s service area will expand to the San Francisco Peninsula, adding Daly City, Broadmore and Colmar.
, Focusing on the supply chain, Schaeffler has no intention of acquiring Continental’s automotive division.
Klaus Rosenfeld, CEO of German auto parts manufacturer Schaeffler, said that Schaeffler is not interested in acquiring Continental’s automotive division and said that the company “completely has other priorities.
” Previously, Continental Group said it was exploring the spin-off of its automotive division.
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