ChatRoads
------------------------
Nezha Automobile is valued at more than 25 billion yuan
A few days ago, some media reported that Hezhong New Energy, a company owned by the Nezha Automobile brand, has recently completed a new round of financing of more than 2 billion yuan, and the main investment institutions include CRRC Fund under CRRC Group and Shenzhen Venture Capital with a state-owned background in Shenzhen. This round of financing is the third round of Nezha's Series D financing. In October last year, Nezha announced the completion of a D1 round of financing of 4 billion yuan, of which 360 Group led the investment of 2 billion yuan; in December, Nezha disclosed the D++ round of financing in which CATL, 360, and BAIC Production and Investment participated. It is reported that the amount of financing in this round is about 2 billion yuan.
After the completion of the D series financing, Nezha Automobile was valued at more than 25 billion yuan. Nezha has now started a Pre-IPO round with a target valuation of about RMB45 billion, or US$7 billion, and plans to launch an IPO in Hong Kong within this year. Nezha Automobile said that the listing issue is subject to the company's official announcement.
Tesla has produced 1 million 4680 batteries in California
A few days ago, Tesla announced on social media that the pilot factory in California produced 1 million 4680 batteries in January, marking the official entry of 4680 batteries into mass production. The new battery will be loaded on the Model Y model produced in Texas, USA, and delivery will begin in the near future.
Tesla's new 4680 battery, launched in 2020, is a cylindrical battery with a diameter of 46 mm and a height of 80 mm. Compared with the 2170 battery cell, it will increase the capacity by 5 times, the output power will be increased by 6 times, and the mileage of the whole vehicle will also increase by 16%. The new battery also features a stepless ear design that helps reduce internal resistance and reduce heat generation, resulting in better energy consumption and charging performance for the vehicle.
Yamaha has partnered with Toyota to develop a high-performance hydrogen engine
A few days ago, according to foreign media reports, Yamaha and Toyota cooperated to develop a high-performance hydrogen engine, which can produce a maximum power of 444 horsepower and a maximum torque of 540 Nm, which can effectively reduce carbon dioxide and exhaust emissions while achieving a strong driving force.
It is reported that this V8 hydrogen engine is Yamaha using the Lexus RC F Sports Coupé V8 engine modification, by replacing the special injector, cylinder head and intake manifold and other parts, so that it can use hydrogen as fuel, and obtain the power performance of the engine that does not lose gasoline. The hydrogen V8 engine has a maximum power of 444 horsepower, which is only 13 horsepower lower than the power generated by the unit when driven in gasoline. However, the maximum torque generated by the device is 540 Nm, which is 20 Nm more than the gasoline engine assembly.
Nissan plans to invest $500 million to renovate its U.S. plant
According to foreign media reports, Nissan Motor Co recently said it will invest $500 million to modify its U.S. assembly plant near Canton, Mississippi, to produce two new electric vehicles in 2025. In addition, the company is also looking for a new battery plant site in the United States.
Nissan plans to sell 40 percent of its electric vehicles in the U.S. market by 2030. At the end of November last year, Nissan Motor unveiled its Nissan Ambition 2030, which plans to invest 2 trillion yen (about $17.6 billion) over the next five years to promote the electrification of more products and turn it into a pillar of the company's long-term growth. The investment in Mississippi is one of several investments planned to expand electric vehicle production in the U.S. over the next five years.
FAW Hongqi and Aodong New Energy deepened power exchange cooperation during the year
A few days ago, FAW Hongqi and Aodong New Energy conducted in-depth discussions and exchanges on strengthening strategic coordination and cooperation, and conducted in-depth discussions and exchanges around the development of the "Flag E China" project in Jilin and even the whole country.
Xiao Xiao, executive deputy general manager of FAW Hongqi Automobile Sales Co., Ltd., said: "The cooperation between FAW Hongqi and Aodong began with 'Qi E Spring City', and I hope that the two sides will continue to increase their joint efforts to carry forward the 'Flag E' model to 'Flag E China', starting from Jilin and covering the national official car, operating car and private car markets." At the same time, with the accelerated development of the power exchange model, it is also expected to explore more diversified business cooperation with Aodong in the future, including battery banking, automobile user ecology and other fields, and the two sides have great potential. ”
Volkswagen is ready for a Porsche IPO
Volkswagen Group and its largest shareholder, Porsche Automobil Holding SE, have confirmed that the two sides are currently engaged in in-depth discussions on a potential IPO of the Porsche brand. Volkswagen claims to have negotiated a framework agreement with Porsche Holdings to lay the groundwork for a further Porsche AG IPO.
"The conclusion of the framework agreement is subject to the approval of the Volkswagen Management Board and the Supervisory Board. The final decision has not yet been made. The question of whether a framework agreement and its contents, as well as a Porsche IPO, is being further evaluated and is currently open to the approval of the boards of directors of both parties. Volkswagen said in a brief statement. Meanwhile, Porsche confirmed in a separate statement that it is discussing an IPO with the Volkswagen Group, which could include the acquisition of Porsche's common stock, giving holders voting rights, etc.
The Guangzhou-Foshan Expressway will stop charging from March 3
It was learned from official sources that Guangdong Expressway Development Co., Ltd. recently received the Guangdong Provincial Transportation Department's Guangdong Jiaoying Convenience Letter [2022] No. 24 "Notice of the Guangdong Provincial Transportation Department on Matters Related to the Disposal of the Guangdong-Foshan Expressway Toll Period", the main contents of which are as follows:
1. The Guangzhou-Foshan Expressway will stop charging from 00:00 on March 3, 2022, retain the existing charging facilities to operate at zero rates, and waive vehicle tolls for all vehicles passing through this section, and collect vehicle tolls for other sections on their behalf.
2. After the toll is stopped, Guangfo Expressway Co., Ltd. will continue to be responsible for the management and maintenance of Guangzhou-Foshan Expressway.
Lotus may list in Hong Kong, China
According to multiple media reports, Lotus Technology, the Chinese subsidiary of Lotus Group, plans to complete the listing within two years to obtain the financial support needed for electrification transformation and international expansion. Matt Windle, managing director of Lotus's sports car business, noted that they are still "in the early stages of discussion" regarding whether to conduct an IPO.
Lotus spokesman James Andrew said in an interview that at present, Lotus Group is evaluating listing in the United States or Hong Kong (and not excluding other regions), and the specific financing scale and valuation have yet to be determined. As early as the end of November 2021, there was news in the market that "Lotus Technology will IPO in Hong Kong in 2023". Lotus Group has shown its upcoming electric SUV code-named TYPE 132 to the London financial community and dealers last week. As the brand's first electric SUV, the TYPE 132 will be produced in Wuhan.
Luxun Precision joined hands with Chery to enter the car
At the end of the year and the beginning of the year, Luxshare Precision Industry Co., Ltd. was once shrouded in the haze of negative news. At the end of 2021, the company was warned by the Shenzhen Stock Exchange for false or seriously misleading statements in information disclosure; on February 7 this year, the news that 33 Chinese entities were included in the "unverified list" came out, and although Luxun Precision was not included, it still fell to a stop the next day.
On February 10, Lixun Precision Chuzhou Branch was enforced by the court for failing to perform its legal obligations on time, further dampening the stock price. But on February 15, the company's stock price suddenly rebounded by more than 8%, attracting market attention. The related reason is that Luxshare Precision announced that the controlling shareholder has spent tens of billions of yuan to acquire part of the equity of Chery Holdings and its subsidiaries, and the two sides intend to establish an automobile joint venture. "The company's medium- and long-term goal is to become a leader in the first-class auto parts supplier." At the same time, Lixun Precision also announced that the controlling shareholder, Lixun Limited, invested 10.054 billion yuan to acquire the equity of Chery Holding Group Co., Ltd., Chery Automobile Co., Ltd. and Chery New Energy Automobile Co., Ltd., with a proportion of 19.88%, 7.87% and 6.24% respectively.
NIO enters the mobile phone industry
Mobile phone giants are not new to build cars, but car companies make mobile phones, and it is no longer an isolated case of Geely. It was learned from a number of insiders that the domestic new car head company Weilai has entered the mobile phone industry, and Yin Shuijun, the former president of Meitu Mobile Phone, has joined and taken the lead in taking charge of Weilai's mobile phone business.
"The project has been established for a while, and the current team is located in Shenzhen, doing personnel recruitment." Sources said. At the same time, through checking the recruitment website, it was found that WEILAI has released a large number of mobile phone business related positions, including BSP engineers, communication test engineers, imaging chip design engineers, etc. In response to the above information, WEILAI's official response: there is no information to disclose at present, and further information will be communicated with everyone.
Volkswagen Huawei plans to establish a joint venture
On February 18, German media reported that Volkswagen Group was in talks with Huawei to buy Huawei's autonomous driving division for billions of euros. The news said that the negotiation of the deal has been going on for several months, and it also involves a technical system that Volkswagen is not yet proficient in. A person familiar with the matter said that the two sides are indeed in negotiations. Roughly speaking, the two sides form a joint venture, which is funded and controlled by Volkswagen, while Huawei provides technology and becomes Volkswagen's tier1 (Tier 1 supplier).
"It is equivalent to Huawei selling the self-driving business to the public, and the price may be around 10 billion yuan," the above-mentioned insider said, and the specific amount is still under discussion. German media reported that the expectations of the two sides for prices were quite different. In this regard, Volkswagen Group said that it would not comment on this, and Huawei did not respond for the time being. However, Huawei is not the only supplier of autonomous driving solutions that Volkswagen has cooperated with. Previously, the CEO of Volkswagen China had revealed that he was cooperating with DJI to mass-produce autonomous driving.
Mercedes-Benz: Built a pure tram line in a few years
Mercedes-Benz reportedly expects that by the next few years after 2025, the company will have a factory specializing in the production of electric vehicles, but will avoid building pure electric vehicle factories, but instead maintain the flexibility of production lines to meet market demand. Joerg Burzer, the company's head of production, said in an interview with the media that it expects some production lines in its factory to fully switch to electric vehicles earlier.
"It takes time to build a brand new all-electric vehicle factory. We've taken a different approach", he says, "in the next few years, we will definitely have some production lines that only produce electric cars... We're also seeing entire factories moving to electric vehicles, which will be a topic of conversation in five years' time. ”
Share favorite likes to see