NIO China received a new round of capital increase.
On September 29, NIO announced that it has signed strategic investment agreements with Hefei Jianheng New Energy Automobile Investment Fund Partnership (Limited Partnership), Anhui Province High-tech Industry Investment Co., Ltd., and SDIC Investment Management Co., Ltd.(collectively referred to as “strategic investors”).
According to the agreement, strategic investors will use RMB 3.
3 billion in cash to increase capital to subscribe for the newly issued shares of NIO China, and NIO Company will also invest RMB 10 billion in cash to subscribe for the newly issued shares of NIO China.
Tesla’s Shanghai factory has exported 1 million vehicles.
Grace Tao, Tesla’s global vice president, said on Weibo that Tesla’s Shanghai super factory has successfully exported the 1 millionth car.
This milestone highlights Tesla’s Shanghai Superfactory as the company’s main automobile export center.
, Sales of pure electric or hybrid vehicles in Brazil or ultra-internal combustion engine vehicles in 2030.
Research released by the Brazilian Automobile Manufacturers Association (Anfavea) shows that sales of new pure electric or hybrid vehicles in Brazil are expected to exceed sales of internal combustion engine vehicles in 2030.
By 2040, sales of new pure electric or hybrid vehicles in Brazil may account for more than 90% of total domestic car sales in Brazil, compared with 7%.
Mercedes-Benz will recall more than 27,000 vehicles in the United States.
The National Highway Traffic Safety Administration (NHTSA) said Mercedes-Benz USA will recall more than 27,000 vehicles because engine control unit (ECU) software may cause engines to overheat or stall.
, Mazda will recall 77,670 sports cars in the U.S. after the National Highway Traffic Safety Administration (NHTSA) said it will recall 77,670 sports cars in the U.S. after a software error could have caused the front airbag to deploy too hard during a collision.
It is reported that the vehicles recalled this time involve some MX-5 Miata models from 2016 to 2023.
, Weipai Technology will pay 125 million euros to Continental Group, which Weipai Technology and its former parent company Continental Group have reached an appropriate allocation agreement on costs and liabilities arising from investigations related to the supply of engine control units and engine control software under a company spin-off agreement.
As part of an agreement to control diesel exhaust emissions, Weipai Technology will pay Continental 125 million euros (approximately US$139.
34 million).
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