Xiaozhi’s highlights of the week| Tesla FSD is expected to enter China before the end of the year; Wenyuan Zhixing submits IPO application to the US SEC

The major events in the field of smart cars this week are as follows: Musk: Tesla FSD is expected to enter China before the end of the year.

Recently, at Tesla’s second quarter earnings call, Tesla CEO Musk said that Tesla FSD system will enter China, Europe and other countries on V12.

5 or 12.6. After these versions are launched, Tesla will submit them to the relevant regulatory authorities for approval, which is expected to be approved by the end of the year.

Source: Tesla, while Musk also mentioned that Tesla Robotaxi is scheduled to be released on October 10th.

The delay in the release of the car was due to his request for a change in the design of the car.

Xiao Zhi comments: although FSD has not yet come, the domestic smart driving track has long been boiling.

GM stopped production of the Cruise Origin indefinitely, and on July 23, GM said its self-driving subsidiary Cruise would focus on the next-generation Chevrolet Bolt, while the planned steering-less Origin self-driving car would be postponed indefinitely.

GM CEO Mary Barra said: “the main reason for moving from Origin to Bolt is that we have eliminated regulatory risks.

” Musk, however, pointed out that Cruise abandoned Origin more because the company could not make the technology work.

“Cruise blames regulators for being misleading,” Musk said.

“in fact, the company’s technology is not up to standard.

” GM spokesman Jim Cain retorted that “the problem lies in the unique layout and design of the Origin.

” Xiao Zhi comments: whether it is a regulatory problem or a lack of technology, only Cruise may know the answer.

It is reported that the investment is planned to be received in batches in the next few years.

Waymo, currently, Waymo has deployed more than 600 self-driving taxis in Phoenix, San Francisco and Los Angeles, and Waymo is the only self-driving technology company that has commercially deployed a large number of Robotaxi in the United States.

On that basis, Waymo is planning large-scale expansion in the San Francisco Peninsula, the entire Greater Los Angeles area and Austin, Texas.

“the new round of financing will enable Waymo to continue to build the world’s leading self-driving company.

” Porat said.

Xiaozhi comments: some time ago Baidu unmanned car exploded in Wuhan, Waymo this is urgent?.

Once successfully listed, Wenyuan Zhixing is expected to become the “first general self-driving stock” in the world.

According to the prospectus, Wenyuan’s income in 2021, 2022, 2023 and the first six months of 2024 was 138 million yuan, 528 million yuan, 402 million yuan and 150 million yuan respectively, and the corresponding net losses were 1.

007 billion yuan, 1.

298 billion yuan, 1.

982 billion yuan and 882 million yuan respectively.

Xiao Zhi comments: going to the United States IPO can certainly open up new imagination for Wenyuan Zhixing, but it also means greater challenges, as exemplified by the company that has been listed in the United States in the past few years.

Recently, it has been reported that Ma Zhixing may go to IPO in the United States as soon as September this year, and institutional investors with a clear intention to invest in IPO have been found.

In response, Ma Zhixing responded: “No comment.

” Photo source: pony Zhixing, prior to this, the pony Zhihang has completed the listing of US stocks.

In April this year, the CSRC website posted a filing notice on the overseas listing of Horse Zhihang Co., Ltd. (Pony AI Inc.). According to the filing, Horse Zhihang plans to issue no more than 98.

1495 million common shares and be listed on the NASDAQ Stock Exchange or the New York Stock Exchange.

In the field of self-driving travel services, Xiaoma Zhixing has deployed unmanned self-driving fleets in four first-tier cities in Beijing, Shanghai, Guangzhou and Shenzhen, and launched commercial charging services.

Xiao Zhi comments: “General Autopilot first share”, the answer is about to be revealed.

He also attended Baidu-related events at the Beijing auto show at the end of April.

According to public data, Su Tan joined Baidu in 2013 and was mainly responsible for the car networking business at Baidu in the early days.

This means that it has been less than a year since Sutan’s departure was last adjusted.

It is reported that the next Baidu IDG mind module business will be taken over by Li Tao.

Xiaozhi comments: self-driving “Whampoa military Academy”, Baidu is worthy of the name.

Among the 10 highest-paid international automakers on the Fortune 500 list, six automakers or their joint venture partners have reached a fixed-point partnership with Wesai for mass production, including a global production model of a top international car brand.

Xiao Zhi comments: joint venture car companies are finally going to start to “roll” smart driving.

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Link to this article: https://evcnd.com/xiaozhis-highlights-of-the-week-tesla-fsd-is-expected-to-enter-china-before-the-end-of-the-year-wenyuan-zhixing-submits-ipo-application-to-the-us-sec/

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