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Daily car news: Toyota is expected to produce more than 9 million vehicles in fiscal 2021

Let's take stock of what major events happened in the automotive circle on January 2, 2022.

Auto Event 1: Toyota's global production is expected to exceed 9 million units in fiscal 2021

A few days ago, overseas media reported that Toyota Motor's global production in fiscal 2021 (2021.4.1-2022.3.31) is expected to exceed the target of 9 million units, and the company plans to increase production in February and March 2022 to offset the production loss caused by production interruptions caused by the new crown epidemic.

Daily car news: Toyota is expected to produce more than 9 million vehicles in fiscal 2021

According to the announcement on December 24, 2021, Toyota produced 820,000 vehicles worldwide in November. Earlier, Toyota said it planned to produce 800,000 vehicles in December. In addition, toyota's global production is likely to reach nearly 9.2 million units this fiscal year, based on Toyota's production plans for January to March 2022 disclosed to parts suppliers.

In September and October 2020, a severe shortage of components caused Toyota's global production to fall by 30% to 40%, but by November, Toyota's production had almost returned to the planned production level. Toyota expects to produce 900,000 and 1 million units in February and March 2022 to make up for lost production in the fall of 2021.

Auto Incident 2: ABB and HUAYU Auto officially announced the formation of a joint venture

A few days ago, we learned from the official that ABB and auto parts supplier Huayu Automobile jointly announced that they will establish a joint venture to promote the transformation and upgrading of intelligent manufacturing in China's automotive industry.

Daily car news: Toyota is expected to produce more than 9 million vehicles in fiscal 2021

The joint venture builds on the successful partnership already established between the two companies and will further promote Huayu's high flexibility and sustainable development in China's auto parts manufacturing field. The collaboration between ABB Robotics and Huayu Automobile will expand the application of smart manufacturing technology and artificial intelligence in the industry. ABB will hold 40% of the shares in the joint venture and the parties agreed not to disclose the specific details of the investment in question.

Automobile incident three: Xiaopeng Financial Leasing Company increased its registered capital by 75 million US dollars

A few days ago, we learned from the enterprise investigation that Guangzhou Xiaopeng Automobile Financial Leasing Co., Ltd. underwent industrial and commercial changes, and the registered capital of the company increased from 50 million US dollars to 125 million US dollars, an increase of 150%.

Daily car news: Toyota is expected to produce more than 9 million vehicles in fiscal 2021

Xiaopeng Automobile Financial Leasing Company was established in 2018, the legal representative is Xia Heng, and its business scope includes: leasing business; concurrently engaged in commercial factoring business related to the main business.

Guangzhou Xiaopeng Automobile Financial Leasing Co., Ltd. was established on June 7, 2018, with a registered capital of US$50 million and increased to US$125 million on December 27, 2021, an increase of 150%. The company's business scope includes leasing business, concurrently engaged in commercial factoring business related to the main business (only operated by financial leasing enterprises), salvage value treatment and maintenance of leased property, car rental, financial leasing services (limited to foreign-invested enterprises), and purchase of leased property from home and abroad.

Automobile incident four: Xiamen Tungsten New Energy and Pava shares reached a three-yuan precursor procurement

A few days ago, on December 30, Xiamen Tungsten New Energy announced that the company signed the "Strategic Cooperation Framework Agreement" with Pawa Shares. From January 1, 2022 to December 31, 2024, Pawa is expected to supply 40,000-70,000 tons of ternary precursors to Xiamen Tungsten New Energy, subject to the actual purchase and sale contract signed by the two parties.

Daily car news: Toyota is expected to produce more than 9 million vehicles in fiscal 2021

According to the data, after years of deep cultivation in the industry, Xiamen Tungsten New Energy has occupied a leading position in the industry, the market share of lithium cobalt oxide has ranked first in the industry for many years, and the market share of ternary materials has also entered the top five, with corresponding industry advantages. On this basis, Xiamen Tungsten New Energy has been adhering to the implementation of high-quality large customer strategy, concentrating limited resources to prioritize the service of downstream head advantage enterprises including ATL, and establishing a long-term and stable strategic cooperative relationship with it and continuously deepening cooperation to achieve win-win cooperation and common development of both sides, such enterprises are well-known lithium battery manufacturers at home and abroad, good credit, market share, business scale and industry influence are larger, and Xiamen Tungsten New Energy has a stable cooperative relationship, in the process, Xiamen Tungsten New Energy actively rejects or reduces business cooperation with some customers with higher risk levels.

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