CAAM: Forecasts China's new energy vehicle sales to 5 million units in 2022, up 47% year-on-year
According to data from the China Automobile Association, from January to November, domestic automobile production and sales reached 23.172 million units and 23.489 million units, respectively, an increase of 3.5% and 4.5% year-on-year, respectively.
Chen Shihua, deputy secretary-general of the China Association of Automobile Manufacturers, said. From January to October this year, the chip shortage caused a market gap of about 750,000 vehicles to the automotive market. Throughout this year, due to the shortage of chips, sales in the domestic automotive market are expected to decrease by 1.3 million to 1.4 million units.
Chen Shihua predicts that in 2021, the total domestic automobile sales will reach 26.1 million units, an increase of 3.1% year-on-year. For the trend of the overall domestic automobile market next year, the China Automobile Association also gave a forecast: in 2022, the total domestic automobile sales are expected to reach 27.5 million, an increase of 5.4% year-on-year. Passenger car sales are expected to be 23 million units, up 8% year-on-year, and commercial vehicle sales are expected to be 4.5 million units, down 6% year-on-year.
Head of the U.S. Auto Safety Regulatory Agency: Complete the investigation into the Tesla Autopilot accident as soon as possible
The head of the biden administration's nominee top auto safety regulator said Thursday that he hoped the agency would complete an investigation into the accident involving Tesla's electric car self-driving system as soon as possible . Steven Cliff, who currently serves as deputy director of the National Highway Traffic Safety Administration (NHTSA), has been nominated by Biden as the next NHTSA commissioner... Asked about the agency's investigation into Tesla, he said " we hope these investigations will be concluded as soon as possible " but there is no "precise timeline" for it.
Musk said the Investment in the Texas plant will exceed $10 billion, an increase of about 9 times
Tesla CEO Elon Musk said Thursday local time that over time, the total investment in the new plant in Austin, Texas, will exceed $10 billion ... Public documents last month showed tesla plans to invest more than $1 billion in the plant and plans to complete it by the end of the year . Musk tweeted Thursday that "over time, the Texas Gigafactory will invest more than $10 billion, creating at least 20,000 jobs directly and 100,000 indirectly."
Ford launches electric vehicle charging project
To help ease this transition, Ford is launching a new program called Ford Professional Charging to provide the necessary software and hardware to help them charge their electric vehicles ... Customers who use an electric Ford F-150 Lighting Pro truck to drag materials may end up consuming more battery energy than the Ford E-Transit van used for delivery, so they may need to charge more frequently ... Ford Specialty Charging customers will subscribe to the company's software platform, which means Ford will be able to make subscription fees a recurring revenue.
Rivian invests $5 billion in a new electric vehicle plant
According to foreign media electrek, the Us electric vehicle company Rivian announced on December 16 that it will invest $5 billion to build the company's second electric vehicle plant in the suburbs of Atlanta, Georgia. The new plant is scheduled to start operations in 2024. At the same time, Rivian announced its first financial report after going public. In the third quarter of 2021, the company's total revenue was $1 million; net loss was $1.233 billion, compared to a net loss of $288 million in the same period last year. After the earnings report, the price of Rivian stock fell 11%.