1. LG New Energy was officially listed
On January 27, LG New Energy, a battery company owned by LG Chem, landed on the Korea Stock Exchange with an opening price of 597,000 won, a sharp drop of 25% in the morning, and closed at 505,000 won on the day, down 15.41% from the opening price.
LG New Energy's latest market capitalization is 118.17 trillion won (about 623.9 billion yuan), which has surpassed SK Hynix after Samsung and ranked second in the Korean stock market. According to data disclosed by the Korean Securities Exchange Agency, the cumulative subscription amount of LG New Energy IPOs reached 114 trillion won, and the number of subscribers was 4.424 million. Its listing also became the largest IPO in the history of The Korean capital market.
2. Yuanfeng Technology was designated by Xiaopeng Automobile CMS camera project
Recently, Yuanfeng Technology Co., Ltd. officially won the designated point of Xiaopeng Automobile CMS camera project, and the two sides will jointly build an electronic rearview mirror for intelligent electric vehicles and work together to create smart travel.
3. SAIC Motor and the Institute of Industry and Research jointly launched a special fund for domestic automotive chips
On January 27, SAIC Motor announced that it will carry out strategic cooperation with the Shanghai Microtechnology Industry Research Institute and jointly initiate the establishment of a multi-billion yuan "domestic automobile chip special fund" to connect their respective advantageous resources, jointly promote the acceleration of the landing of the vehicle regulation -- "China Core", and ensure that the automotive industry chain and supply chain are autonomous and controllable. The fund will actively promote the research and development and production of high-performance automotive chips, as well as investment in automotive electronics entrepreneurial projects, and will become an open platform in the future to attract more social funds to participate.
4. The 10,000th vehicle of Extreme Kr 001 officially rolled off the production line
On January 27, the official news of Extreme Kr was that the brand's first model, Extreme Kr 0011,000 vehicles, was officially rolled off the production line. Its manufacturing plants are making every effort to ensure vehicle production and gradually increasing production capacity to avoid long vehicle lead times and improve the consumer experience.
5. Dongfeng high-end electric off-road vehicle project officially started
A few days ago, it was learned from the official that as an important part of Dongfeng Company's "Oriental Wind Rise" plan and "science and technology leap" action, Dongfeng's high-end new energy off-road vehicle project was officially started in Wuhan Economic Development Zone.
The predecessor of the Dongfeng high-end new energy off-road vehicle project is the Dongfeng M Division established in 2021, which is the key project of Dongfeng Company's "14th Five-Year Plan", and at the Shanghai Auto Show in April 2021, Dongfeng also proposed to further highlight the differentiated layout in the field of autonomous passenger cars, focusing on building Lantu Automobile, Dongfeng Fengshen and high-end electric off-road brands.
6. Horizon signed a strategic cooperation agreement with Heduo Technology
A few days ago, Horizon officially announced that it has officially signed a strategic cooperation agreement with Tongheduo Technology, and the two sides will carry out in-depth cooperation in the field of automatic driving, jointly explore the cutting-edge core technology and advanced system integration solutions of intelligent vehicles, and work together to promote the commercialization of all-scenario autonomous driving.
According to the cooperation agreement, Horizon will help Heduo Technology develop a software and hardware solution for autonomous driving that integrates industry and po, build a service-oriented software architecture (SOA), and work together to build a full-stack autonomous driving solution driven by data-driven continuous iteration based on the Journey 3 and Journey 5 chips, visual perception algorithms and toolchains.
7. Renault, Nissan and Mitsubishi have formed an alliance to pursue 23 billion euros in the next five years to develop electric vehicles
On January 27, Renault, Nissan and Mitsubishi will invest an additional €23 billion in electrification over the next five years to produce 35 electric vehicles by 2030. The three companies are reportedly aiming to increase the use of the common platform among their 90 models to 80 percent by 2026 from 60 percent now. In addition, Nissan will lead the development of all-solid-state battery technology. Renault will lead the development of a common centralized electrical and electronic architecture and launch the first full software defined vehicle by 2025.