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Meng material light reading | BYD announced that due to the price increase of raw materials and subsidies, the price of new energy vehicles has been raised

1

Great Wall Motor's 2021 performance report: revenue exceeded 136.3 billion yuan, and net profit was 6.781 billion yuan

Meng material light reading | BYD announced that due to the price increase of raw materials and subsidies, the price of new energy vehicles has been raised

According to the 2021 performance report released by Great Wall Motors, in 2021, Great Wall Motor's total operating income was 136.317 billion yuan, an increase of 31.95% year-on-year, and the net profit was 6.781 billion yuan, an increase of 26.45% year-on-year. In addition, Great Wall Motors said that in terms of brand premium capabilities, the average price of Great Wall Motors' bicycles in 2021 exceeded 106,400 yuan, an increase of 14.50% year-on-year.

In 2021, Great Wall Motor sold more than 1.28 million new vehicles, an increase of 15.2% year-on-year, exceeding one million sales for six consecutive years and hitting a record high. Among them, the cumulative sales of new energy vehicles were 137,000 units, accounting for 10.7% of sales, and overseas sales were 143,000 units, an increase of 103.7% year-on-year, and sales accounted for 11.1%.

2

BYD announced that it will raise the price of new energy vehicles due to rising prices of raw materials and subsidies

Meng material light reading | BYD announced that due to the price increase of raw materials and subsidies, the price of new energy vehicles has been raised

Recently, BYD Automobile officially released a description on the price adjustment of the model, saying that due to the sharp rise in raw material prices and the decline of new energy car purchase subsidies, it will adjust the official guidance price of new energy models related to Dynasty Network and Ocean Network from February 1, with an increase of 1000-7000 yuan, and users who have signed a deposit before this are not affected by this price adjustment.

BYD currently has two major sales networks, Dynasty Network and Ocean Network, according to the above adjustment instructions, this price adjustment will involve all new energy models of BYD. According to the data of the Association, BYD's sales of new energy vehicles reached 584,000 units in 2021, an increase of 221.3% year-on-year, ranking first in the sales volume of domestic new energy manufacturers.

3

Shanghai: By 2025, the output of new energy vehicles will exceed 1.2 million units, and the output value will exceed 350 billion yuan

Meng material light reading | BYD announced that due to the price increase of raw materials and subsidies, the price of new energy vehicles has been raised

According to the Shanghai Securities News, after the conclusion of the Sixth Session of the 15th Shanghai Municipal People's Congress, the Shanghai Municipal Government held a press conference. It is reported that the output value of new energy vehicles in Shanghai will exceed 350 billion yuan at the end of the "14th Five-Year Plan", and it is currently increasing efforts to lay out the production of vehicle-grade chips and solve the problem of "lack of cores" in automobiles as soon as possible.

From the perspective of industrial development, the output value of new energy vehicles in Shanghai exceeded 160 billion yuan last year, an increase of 200% year-on-year; the output reached 550,000 units, an increase of 170% year-on-year. From the perspective of application promotion, Shanghai has accumulated more than 670,000 vehicles, and last year alone exceeded 250,000 vehicles, accounting for 43% of new car sales in Shanghai.

4

Extreme Krypton established the Shanghai Intelligent R&D Center and recruited 1500 people at a time

Meng material light reading | BYD announced that due to the price increase of raw materials and subsidies, the price of new energy vehicles has been raised

Recently, the domestic high-end intelligent electric vehicle brand JiKr Automobile issued a talent convening order to the world, saying that it will establish a Shanghai R&D center, and has a strong demand for technical research and development talents in the fields of intelligent driving, intelligent cockpit, electronic software, and vehicle architecture.

Judging from the recruitment notice released, this recruitment will eventually lead to a research and development team of more than 1500 people, and the size of this team is still extremely large even in today's rapid development of new car-making forces. At present, JiKr Automobile has nearly 10,000 R&D personnel including software development, new energy research and development, etc., and has a large number of marketing talents and full-time user ecological service team.

5

Set degree auto robot concept car exposure

Meng material light reading | BYD announced that due to the price increase of raw materials and subsidies, the price of new energy vehicles has been raised

Recently, Jidu JiDU has released its new automotive robot brand logo "Pixel-J", the brand vision system and some product design styles of the concept car.

According to the official jidu, the pixel-J body is composed of pixels and the letter J, symbolizing the entrance to the future and transmitting the connection between people and technology and the future. In addition, Jidu also announced some of the exterior and interior design details of the concept car, which will be officially unveiled at the Beijing Auto Show in April. The first production automotive robot will be delivered in 2023 and will maintain a 90% appearance that is consistent with the concept car.

6

Aiways' overseas exports in 2021 increased by 60% year-on-year

Meng material light reading | BYD announced that due to the price increase of raw materials and subsidies, the price of new energy vehicles has been raised

Last year, AIWAYS completed the export of 1676 new energy electric vehicles, an increase of about 62.9% over 2020. It is worth mentioning that in the past 21 months, the company has landed in 11 developed countries, including Germany, France, Spain, Switzerland and Israel, and the total number of vehicle exports has exceeded 2780 units, successfully becoming the first Chinese new power car company in the EU market share, and naturally becoming the top three in the Israeli electric vehicle market.

In terms of overseas markets, AIWAYS and European electronic retail giant Euronics have created an online light operation sales model in Germany; in other countries, they have taken advantage of geographical advantages and relied on local partners to provide users with a perfect car purchase experience and car use guarantee.

7

Renault's CEO admitted to a strategic blunder in China and joined forces with Geely to produce new cars in the South Korean market

Meng material light reading | BYD announced that due to the price increase of raw materials and subsidies, the price of new energy vehicles has been raised

Renault Group and Geely Holding Group announced that the two sides signed a framework agreement based on Geely Automobile's CMA structure and hybrid technology, Geely will help Renault develop and sell hybrid models in the Chinese market, and Renault will also assist Lynk & Co to enter the Korean market, thus realizing its desire to enter the North American market.

Previously, the Renault-Nissan-Mitsubishi Alliance delineated core areas and markets to improve competitiveness and achieve resource sharing. According to the plan, Nissan will focus on China, North America and Japan, while Renault will focus on markets such as Russia, Europe and South America. But Mayo, the CEO of Renault Group, finally admitted in an interview with foreign media last week: "Renault's entire strategy in China is wrong. "It's not Nissan's fault, they're still the leaders of the Chinese market, but they can't save us." ”

8

Omi Kerong swept the Japanese auto industry, and car companies cut production

Meng material light reading | BYD announced that due to the price increase of raw materials and subsidies, the price of new energy vehicles has been raised

According to foreign media reports, the latest wave of the new crown epidemic in Japan has further disrupted the production plans of Toyota Motor and other Japanese automakers. On January 20, Toyota said it would suspend production on 21 production lines at its 11 Japanese plants for four days, starting jan. 17. Toyota's Japanese factories and its suppliers were increasingly infected with COVID-19, and the company was forced to temporarily close some factories in Japan.

Toyota Motor has 14 plants in Japan. In January, Toyota's lost production in Japan will expand to 47,000 units, more than double the previously announced 20,000 units that were reduced due to lack of cores.

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