Focusing on the new trend of traditional car companies, Volkswagen reached an agreement with the trade union to cut 35000 jobs without closing the factory.
On December 20, local time, Volkswagen Group and the union reached an agreement on a plan to slash costs.
Volkswagen agreed to maintain operations at 10 factories in Germany, but would cut production capacity of about 700000 vehicles and cut 35000 jobs by 2030, though not mandatory layoffs.
It will be done in a “socially responsible” way.
Honda and Nissan are considering joint production of cars.
Japan’s Kyodo news agency reported on December 21 that Honda and Nissan are considering producing cars at each other’s factories as part of a plan to deepen cooperation and a possible merger.
Honda will consider providing hybrid cars to Nissan.
Honda responded, “Honda, Nissan and Mitsubishi Motors are pooling our strengths to explore potential forms of cooperation, but have not yet made any decisions.
” Foxconn suspended its stake acquisition plan for Nissan, and a person familiar with the matter said that Foxconn had suspended its pursuit of a stake acquisition for Nissan at a time when Nissan and Honda were in talks on a potential merger.
However, Foxconn did not give up entirely, but hoped to see if the two Japanese carmakers had made reasonable progress in striking a deal before deciding on the next move.
If the two sides eventually fail to reach a deal, Foxconn may re-intervene.
Stellantis withdrew its decision to cut 1100 jobs in Ohio, and three weeks after former CEO Tang Weishi abruptly announced his departure, Stellantis said on the evening of December 21 that it would reverse its decision to cut about 1100 jobs in Ohio.
BMW will invest 10 million euros to build a battery recycling center.
BMW is expanding the innovative process of recycling and recycling raw materials for electric vehicles, and plans to build a new battery recycling center in Germany at a cost of 10 million euros.
Hope to fundamentally reduce the manufacturing cost of electric vehicles, and promote the establishment of battery production closed loop.
Focusing on electrification, Tesla recalled nearly 700000 vehicles in the United States because of defects in the tire pressure monitoring system.
Tesla, a US electric carmaker, said it would recall 694304 vehicles in the United States because of defects in the tire pressure monitoring system.
The recall involves Tesla’s 2024 Cybertruck, 2017 to 2025 Model 3 and 2020 to 2025 Model Y.
Firefly: the new firefly electric car will be available in Europe in the first half of 2025, and it said on December 22nd that it will launch a new electric car brand, Firefly, in Europe in the first half of 2025, betting that this will help the company overcome EU tariffs.
Xiaopeng opened its first car store in Australia.
On December 21, Xiaopeng announced the official opening of its first car store in Australia, which mainly displayed Xiaopeng G6 SUV and Xiaopeng flying cars.
Battery makers have made progress in bankruptcy financing, and Northvolt, a Swedish battery maker for electric vehicles, said on December 22nd that it expected to arrange more bankruptcy financing by the end of January after contacts with more than 100 lenders and potential investors.
Iveco will deliver 250 electric buses in Germany, and Iveco bus business has won an important tender to deliver 580 buses, including 250 pure electric buses, to BusGruppe in Germany.
This is the company’s largest order for electric vehicles in Germany to date.
ChargePoint teamed up with GM to build charging infrastructure, and charging equipment operators ChargePoint and GM will work together to install up to 500kW of ultra-fast charging piles at strategic locations in the United States by the end of 2025.
The new charging stations will be under the brand name GM Energy and are scheduled to open to the public by the end of 2025.
Focusing on intelligence, US agencies have proposed to simplify the review of self-driving car exemptions, and the National Highway Traffic Safety Administration proposed a new procedure on December 20th to simplify the review of automakers applying for self-driving technology exemptions.
these manufacturers want to deploy self-driving cars without the necessary human control devices such as steering wheels or brake pedals.
TechStar, a Hong Kong-based SPAC company, announced on December 20th that it had entered into business merger agreements with lidar manufacturers Seyond Holdings Ltd and Merger Sub.
Under the agreement, TechStar will merge with Tudatong to achieve the listing of Tudatong on the Hong Kong Stock Exchange.
According to the TechStar announcement, Tudatong is currently valued at HK $11.
7 billion.
Focusing on the industrial economy, the German chancellor once again criticized the EU for imposing tariffs on Chinese electric vehicles.
German Chancellor Schultz criticized the EU for imposing tariffs on electric vehicles imported from China during the EU summit a few days ago, and once again called for the issue to be resolved through negotiations as soon as possible.
Mr Schultz said there was no point in quickly reaching an agreement with China on tariffs and taking an opposing position.
Hungarian Prime Minister: electric vehicles are the focus of Hungarian economic development.
Hungarian Prime Minister Orban pointed out at an annual international press conference in Budapest a few days ago that the future industrial development direction of the Hungarian economy is electric vehicles and related industries.
This is a long-term strategic direction and the key to the development of Hungarian industry.
British car production fell 30.
1% in November from a year earlier.
A few days ago, the Association of British Automobile Manufacturers and traders announced that British car production fell 30.
1% to 64216 vehicles in November from a year earlier due to weak demand in Europe, the ninth consecutive month of decline and the lowest level since 1980.
, return to the first electric network home page >.
