A quick look
The first new energy vehicle insurance was released, and the "three electric" fire spontaneous combustion can be compensated
Millimeter-wave radar company Chengtai Technology completed 180 million series B financing
Tesla determined that the Paris Model 3 fatal traffic accident was free of technical failures
The first model of BYD's high-end brand is a hardcore off-road vehicle, which is benchmarked against the Mercedes-Benz G
Weishi Energy completed a series A financing of 900 million yuan, with a valuation of more than 4 billion yuan
BYD Semiconductor's 1200V power device driver chip will be supplied to the public in December
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Label: The currency unit marked US is USD
The monetary unit marked HK is the Hong Kong dollar
02
Policies and regulations
On December 14, the China Insurance Industry Association officially released the "Exclusive Clauses for Commercial Insurance of New Energy Vehicles (Trial)", which includes the "three electricity" systems (batteries and energy storage systems, motors and drive systems, and other control systems) of new energy vehicles that have attracted much attention, and cover the use scenarios of new energy vehicles driving, parking, charging and operation. In other words, new energy vehicles and core "three electricity" accidents (including spontaneous combustion) occur during driving, parking and charging, and can enjoy the compensation of commercial insurance.
In addition, the exclusive clause also combines the characteristics of charging new energy vehicles to develop the "Additional Self-use Charging Pile Loss Insurance", "Additional Self-use Charging Pile Liability Insurance" and "Additional External Grid Fault Loss Insurance". In other words, auxiliary equipment such as power grids and charging piles also have additional insurance options. This is also the first time that car insurance has covered external fixed auxiliary equipment.
According to the exclusive terms and rate switching time, all new insurance and renewed new energy vehicles (excluding motorcycles, tractors, special vehicles) are uniformly insured by exclusive terms, and the traditional car insurance terms are no longer applicable. Non-new energy vehicles cannot be covered under exclusive terms.
03
Startup progress
On December 15, Shenzhen Chengtai Technology, a millimeter-wave radar company, announced the completion of a 180 million B round of financing, jointly invested by Songhe Capital, Shanshan Venture Capital and Shaanxi Green Gold, and the original shareholders Yida Capital and Founder Securities continued to invest additionally. Huachuang Shenzhen University and Zhuode Investment provide FA services. This round of financing will further strengthen the company's advantages in the field of millimeter wave radar from business, to product, to manufacturing, and accelerate its progress towards the 10 billion-level revenue target.
Founded in 2016, Chengtai Technology's millimeter-wave radar products have widely served hundreds of automotive front-loading customers (commercial vehicles, passenger cars, special vehicles), including forward radar, angle radar and cabin applications. In the automotive aftermarket as well as security, transportation, two-wheelers, robotics and other industries, the company also provides a large number of radar products and solutions for head customers.
05
New forces in car-making are progressing
On December 15, according to foreign media reports, on Saturday night local time, a Tesla Model 3 owned by the G7 fleet, europe's largest taxi platform, had a major accident in the 13th arrondissement of Paris. The Tesla Model 3 taxi lost control during the ride, hitting pedestrians, bicycles, trucks and damaging traffic lights and other facilities, killing one person and injuring many others.
It is reported that the Tesla driver and passengers were injured, and at the time of the accident, the driver was not in operation and was taking his family out to eat. After the accident, the G7 announced the suspension of the remaining Model 3 taxis in the fleet.
For the accident, the focus was on whether the Model 3 itself was the cause of the accident. According to media reports, Tesla analyzed the data of the accident vehicle on Monday and determined that there was no technical failure in the vehicle at the time of the incident.
In response to Tesla's statement, G7 deputy general manager Ricodo said that there are currently two different views on the issue, and the ban on model 3 will be maintained in the follow-up investigation process, and other police investigation conclusions.
06
Traditional car companies and suppliers are four-dimensional
On December 14, relevant sources revealed that BYD's new high-end brand is expected to be officially released in the first half of 2022, and the first product may be a hardcore off-road vehicle priced at 500,000-1 million, benchmarking Mercedes-Benz G, Hummer and so on. The new car is expected to be unveiled in the second half of 2022 and will be released for sale in 2023.
Previously, Zhao Changjiang, director of the high-end brand preparation office of BYD Automobile, had posted a message on social media, indicating that it would also launch the high-end brand MPV of Yishang IKEA, which is a large 7-seat product and will have a "2+2+3" seat layout.
In addition, the Denza brand launched by BYD and Daimler, a joint venture, is also expected to release new models in 2022, and the two sides will also increase investment in the brand.
Denza Automobile is one of the first domestic enterprises to enter the field of new energy, jointly established by BYD and Daimler with a capital of 300 million yuan each, and the market performance has been tepid since the launch of the first car. Despite this, BYD and Daimler did not give up the momentum of the double dilemma of sales and revenue, and repeatedly increased their capital. At present, the Denza brand is sold in the Mercedes-Benz 4S store, and the model on sale is the Denza X, with a total of 3843 units sold in 2021 as of December 2021.
BYD and Daimler will once again transfuse deforestation for Denza and will release new models, will this make the Denza brand live better in the new energy market?
On December 14, Great Wall Holdings announced the completion of a round of financing of 900 million yuan, with a post-investment valuation of more than 4 billion yuan. This round of financing is the company's first round of market-oriented equity financing, jointly led by SDIC China Merchants and PICC Capital, and jointly participated by a number of investment institutions. In addition, Weishi Energy has launched a Series B financing, and IPO compliance work is also steadily advancing.
On December 14, BYD Semiconductor announced that it has recently successfully independently developed and mass-produced 1200V power device driver chip - BF1181, and is expected to be available in bulk supply to major manufacturers in December this year.
It is understood that BF1181 is a magnetic isolation single-channel gate driver chip, used to drive 1200V power devices, compatible with 1200V IGBT and SiC. The product can be widely used in EV/HEV power modules, industrial motor control drives, industrial power supplies, solar inverters and other fields. At present, China's automotive power device driver chips mainly rely on imports, BYD Semiconductor successfully developed BF1181, which will play an important role in promoting the development of New Energy Vehicles in China.
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