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Daily car news: Great Wall Motor strategically leads the investment of Tongguang shares

Let's take stock of what major events happened in the automotive circle on December 29, 2021.

Automobile Incident 1: Guangcheng International signed a cooperation agreement with Panama Car Rental Company

A few days ago, we learned from the official that GAC MOTOR signed a strategic cooperation agreement with a large Car Rental Company in Panama and held a delivery ceremony for the first batch of 30 GS3s. Since then, GAC MOTOR's first car rental project in the Americas region has officially landed.

Daily car news: Great Wall Motor strategically leads the investment of Tongguang shares

According to the official information, in the future, Guangcheng International will continue to pay attention to overseas car rental and travel business, and plans to deploy long-term cooperation with Panama Car Rental Company for three to five years to simultaneously promote The Copa Online Travel, Leasing Business and Financing Business.

Car incident two: Baolong Technology air suspension off the production line

On December 28th, Baolong Technology's "Air Suspension System Release and Hefei Park Opening Ceremony" was held in Hefei Economic and Technological Development Zone, Anhui Province.

Daily car news: Great Wall Motor strategically leads the investment of Tongguang shares

With the rapid development of China's new energy automobile industry, the air suspension market has ushered in rapid expansion in recent years, and more and more independent brands have begun to integrate the system on high-end models and take it as one of the important publicity points. Compared with traditional automotive suspension systems, the air suspension system can improve the level of intelligence of the car chassis, and can significantly improve the handling and comfort of the vehicle by controlling the body height, body tilt and adjusting the vibration damping force.

Baolong Technology air spring shock absorber pillar assembly and independent air spring have been awarded the five host project fixed points of new energy head brand car companies.

Car Incident Three: Volvo commissioned Samsung SDI for the first time to produce battery modules

On December 28, according to Korean media reports, Samsung SDI will supply electric vehicle batteries and battery packs to the Swedish Volvo Group, which is the first time That Volvo has entrusted its partners to produce batteries.

Daily car news: Great Wall Motor strategically leads the investment of Tongguang shares

In fact, back in 2019, Volvo Group established a strategic alliance with Samsung SDI to develop battery packs for the Group's electric truck products. Through this collaboration, volvo Group hopes to accelerate its R&D in the field of e-mobility and strengthen its R&D and asset strength in the long term, so as to better serve customers in different segments and markets.

Under this strategic alliance, the two companies will jointly develop special battery packs for Volvo Group's truck products. Samsung SDI will supply batteries and modules to be assembled in Volvo Group's truck products to meet its e-mobility needs.

Automobile incident four: Great Wall Motors strategically led the investment in Tongguang shares

On December 29, Great Wall Motor Co., Ltd. (hereinafter referred to as "Great Wall Motor") signed a strategic investment agreement with Hebei Tongguang Semiconductor Co., Ltd. (hereinafter referred to as "Tongguang"), a leading third-generation semiconductor company in the industry, to officially enter the core industry of third-generation semiconductors.

Daily car news: Great Wall Motor strategically leads the investment of Tongguang shares

Yan Jihong, deputy secretary of baoding municipal party committee and mayor, Ma Yimin, secretary of the party working committee of the high-tech zone, Wei Jianjun, chairman of Great Wall Motor, Zheng Qingchao, chairman of Tongguang Co., Ltd., Wen Lina, chairman of Baoding Industrial Guidance and Development Group, and Liu Xin, executive partner of Junxi Capital, attended the signing ceremony. This time, Great Wall Motors, as the leading investor, will promote the development of the latter's silicon carbide industry, focus on the application of the third generation of wide bandgap semiconductor silicon carbide in the new energy automobile industry, and promote the industrialization of silicon carbide semiconductor materials and chips.

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