Let's take stock of what major events happened in the automotive circle on March 18, 2022.
Auto Incident 1: Zero Run Auto officially submitted a listing application to the Hong Kong Stock Exchange
A few days ago, we learned from the authorities that Zhejiang Zero Run Technology Co., Ltd. submitted a listing application to the Hong Kong Stock Exchange, and the co-sponsors were CICC, Citi, JPMorgan Chase and CCB International.
According to the prospectus, the total income in 2019, 2020 and 2021 was 116.9 million yuan, 631.3 million yuan and 3.132 billion yuan respectively, and the annual losses attributable to the company's equity holders in the past three years were 901 million yuan, 1.1 billion yuan and 2.8457 billion yuan, respectively.
In the whole year of 2021, zero-run delivered a total of 43,748 electric vehicles, an increase of 443.5% year-on-year. At the rate of one to three models per year, zero-run plans to launch eight new models by the end of 2025, covering sedans, SUVs and MPVs of various sizes. Zero Run plans to launch a smart pure electric medium and large sedan C01 in the second quarter of 2022, and deliveries will begin in the third quarter of 2022.
Car incident two: Dongfeng Fengshen will develop a new naturally aspirated engine
A few days ago, we learned from the official that the new naturally aspirated engine that Dongfeng Passenger Vehicle is currently developing, the C15DR production planning plan and mobilization meeting, was held in the Dongfeng Passenger Vehicle Engine Exhibition Hall.
According to the official, the C15DR is a new generation of naturally aspirated engine evolved from the C15TDR, using key technologies such as direct injection in the cylinder and dual VVT, and is produced in collinear mixed flow with the C15TDR.
The C15DR engine will be installed in the new model of Dongfeng Fengshen in 2022, because the C15DR self-priming engine is based on the C15TDR turbocharged engine, and it is necessary to strictly control 11 risk points in the research and development process, and formulate the corresponding strengthened control plan, so as to promote the high-quality production of the C15DR engine.
Automobile Incident 3: Liu Xinyu became CEO of SAIC MG Europe
A few days ago, we learned from the official that SAIC appointed Liu Xinyu as the new CEO of MG Europe to promote the brand's business growth in Europe, which took effect on March 14 local time.
Prior to starting his european career, Liu was an Executive Director of SAIC Volkswagen's Skoda Division, responsible for sales, branding and marketing, network development and after-sales. Prior to that, he held various management positions in the supply chain and procurement departments of saic-volkswagen joint ventures. He joined MG Motor Europe in 2019 when the MG brand was relaunched in continental Europe. In March 2020, Xinyu Liu was appointed CEO of MG Motor France. He achieved some success after the launch of the new MG brand in France.
Automobile Incident 4: Suikaoka Kei takes office as president of the new Changan Mazda Automobile Co., Ltd
After the successful completion of his three-year term, Mr. Nakajima officially stepped down as The President of Changan Mazda Automobile Co., Ltd., and Mr. Kei Sumioka succeeded Mr. Nakajima as the President of Changan Mazda Automobile Co., Ltd.
Mr. Nakajima joined Mazda Motor Corporation in 1987 and has served as The Head of Mazda's Global Merchandise Marketing Department, The Vice President of the North American Company, and the Head of Mazda's Global Sales & Marketing Headquarters, and has a broad global marketing vision and rich marketing experience. In 2019, Mr. Nakajima served as the president of Changan Mazda Automobile Co., Ltd., and during his tenure, Changan Mazda's annual production and sales exceeded 190,000 units, becoming one of the fastest growing joint venture brands in the domestic automotive market.
The company has successively introduced two new generation models of the next generation MAZDA3 Axela and MAZDA CX-30, and simultaneously launched a new generation of models equipped with Mazda's world-first "e-Chuangchi Blue Sky X Engine" technology and the MAZDA CX-30 EV equipped with "e-Chuangchi Blue Sky" electrification technology, promoting the comprehensive renewal of Changan Mazda's products and technologies, and completing a perfect product layout from small to medium and large, from fuel vehicles to new energy. In 2021, Mr. Nakajima led the integration and restructuring business of Changan Mazda and FAW Mazda, which historicly opened a new year for the development of the Mazda brand in the Chinese market and promoted the new Changan Mazda to continue to move towards China's first-class characteristic boutique car companies.
His successor, Mr. Kei Sumioka, joined Mazda Motor Corporation in 1992. Since 2014, Mr. Sumioka has served as Director of the Second Business Department of the People's Republic of China, Director, Executive Vice President and CFO of Mazda (China) Enterprise Management Co., Ltd., Director of the China Commerce Promotion Department, and Director of the China Business Headquarters. During his time in charge of China affairs at the headquarters, Mr. Sumioka promoted the steady and long-term development of the Mazda brand in China, and accumulated rich marketing experience and deep understanding of the Chinese automotive market.
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