Auto Morning Post|Two managers of DPCA were investigated Aisin confirmed that its parts triggered Toyota's recall of about 1 million vehicles in the United States

Ministry of Industry and Information Technology: Support the development of battery swap mode for new energy vehicles, and do a good job in the pilot area of comprehensive electrification of vehicles in the public sector

On December 21, the National Conference on Industry and Information Technology was held in Beijing. The meeting emphasized that in 2024, it is necessary to focus on high-quality development, highlight the key points, grasp the key, and grasp the key tasks in 12 aspects. These include consolidating and enhancing the leading position of advantageous industries. Accelerate the strengthening of the chain and the extension of the chain, and enhance the competitiveness of the whole industry. Support the development of the battery swap mode of new energy vehicles, and do a good job in the pilot area of comprehensive electrification of vehicles in the public sector. Strengthen the standardization and guidance and quality supervision of the photovoltaic industry. Promote the high-end application of rare earths in aerospace, electronic information, new energy and other fields.

China Association of Automobile Manufacturers: Sales of Chinese brand passenger cars increased by 23.8% year-on-year in the first 11 months of this year

According to the statistical analysis of the China Association of Automobile Manufacturers, in November 2023, the market share of Chinese brand passenger cars grew rapidly. In November 2023, a total of 1.556 million Chinese brand passenger cars were sold, up 4.8% month-on-month and 37.9% year-on-year, accounting for 59.7% of total passenger car sales, with a market share increase of 5.4 percentage points over the same period last year. From January to November 2023, a total of 12.978 million Chinese brand passenger cars were sold, a year-on-year increase of 23.8%, accounting for 55.8% of the total passenger car sales, and the market share increased by 6.6 percentage points over the same period of the previous year.

Passenger Car Association: In December, the retail sales of narrow passenger cars are expected to be 2.27 million units, and the new energy vehicles are expected to be 940,000 units

According to the data of the Passenger Car Association, the retail market of narrow passenger cars in December was about 2.27 million units, 9.3% month-on-month and 4.8% year-on-year. The retail sales of new energy vehicles were about 940,000 units, a month-on-month increase of 11.8% and a year-on-year increase of 46.6%, with a penetration rate of about 41.4%. The retail market of passenger cars in the narrow sense was about 21.62 million units, a year-on-year increase of 5.2%, and the retail sales of new energy vehicles were about 7.75 million, a year-on-year increase of 36.5%, and the penetration rate was 35.8%, an increase of 8 percentage points over last year.

GAC Group: Expects to sell 2.5 million vehicles in 2023, up 2.7% y/y

GAC Group announced on December 21 that it expects to produce and sell 2.513 million vehicles in 2023 and 2.5 million units, up 1.3% and 2.7% y/y, respectively. Among them, the sales of domestic brands are expected to be about 890,000 units, and the sales of new energy vehicles of independent brands will account for about 58% of the sales of independent brands, a record high. In 2024, the company will strive to achieve a 10% sales growth target, of which its own brand is expected to achieve sales of more than 1.1 million units, a year-on-year increase of more than 22%.

BYD: It is expected that Formula Leopard will open more than 150 directly-operated stores within the year

BYD said in a recent survey that in order to ensure the consistency of customer service quality and experience, the first batch of Equation Leopard stores were built and operated in a direct sales model, including Equation Leopard sales and service center, Formula Leopard MINI sales and service center and Formula Leopard retail center. As of mid-December, Formula Leopard has opened a total of 120 stores in 62 cities across the country. It is expected that Formula Leopard will open more than 150 directly-operated stores in more than 80 cities across the country within the year.

Xpeng Motors: Alibaba's long position in the company's Class A common stock decreased from 12.49% to 9.24%

According to a Hong Kong Stock Exchange filing on December 21, Alibaba's long position in Class A ordinary shares of Xpeng Motors decreased from 12.49% to 9.24% on December 19.

CATL: Reached a strategic cooperation with Cialis Group to provide high-quality battery products for AITO Wenjie series models for a long time

According to CATL's official WeChat news on December 21, Cialis Group and CATL have comprehensively deepened strategic cooperation, and CATL will provide high-quality battery products for AITO Wenjie series models for a long time, and have in-depth collaboration in new product research and development, new technologies and new materials applications.

Two managers of DPCA were investigated

The WeChat public account of "Honest Dongfeng" reported on December 21 that Gao Xianli, the former senior manager of the marketing center of DPCA Co., Ltd., is suspected of serious violations of discipline and law, and is currently undergoing disciplinary review and supervision investigation by the Commission for Discipline Inspection of DPCA and the Jiayu County Supervision Committee of Xianning City, Hubei Province.

Rao Jie, the former head of the New Business Strategy Promotion Office of the Product Planning Department of DPCA Automobile Co., Ltd., is suspected of serious violations of discipline and law, and has voluntarily surrendered, and is currently undergoing disciplinary review and supervision investigation by the Discipline Inspection Commission of DPCA and the Jiayu County Supervisory Committee of Xianning City, Hubei Province.

FAW Toyota is recalling some bZ3 electric vehicles, totaling 25,815 units

According to the website of the State Administration for Market Regulation, a few days ago, FAW Toyota Motor Co., Ltd. filed a recall plan with the State Administration for Market Regulation in accordance with the requirements of the "Regulations on the Administration of Recall of Defective Automobile Products" and the "Implementation Measures of the Regulations on the Recall of Defective Automobile Products". It has been decided to recall some bZ3 electric vehicles manufactured between March 13, 2023 and November 9, 2023, a total of 25,815 units, with immediate effect.

Due to the imperfect program of the power battery management controller for some vehicles within the scope of this recall, the remaining power estimate deviation of the vehicle is too large when the vehicle is not fully charged for many times and continues to drive at high speed, and the remaining power of the power battery displayed by the instrument is higher than the actual remaining power. In extreme cases, the vehicle loses power before the charging warning light comes on, which is a safety hazard.

FAW Toyota Motor Co., Ltd. will upgrade the control program of the battery management controller for the vehicles within the scope of the recall free of charge through vehicle remote upgrade (OTA) technology to eliminate potential safety hazards.

STMicroelectronics and Li Auto sign long-term silicon carbide supply agreement

On December 22, STMicroelectronics announced that it had signed a long-term supply agreement for silicon carbide (SiC) with Li Auto. Under the terms of the agreement, ST will supply Li Auto's silicon carbide MOSFETs to support Li Auto's strategic expansion into the high-voltage electric vehicle market. According to reports, Li Auto's upcoming 800V high-voltage pure electric platform will use ST's third-generation 1200V SiC MOSFET technology in the electric drive inverter.

Aisin confirmed that its parts triggered Toyota's recall of about 1 million vehicles in the United States

On December 21, Miho Isogai, a spokesman for Aisin Seiki, confirmed that Toyota's U.S. recall of vehicles caused by airbag sensors manufactured by Aisin was decided to disclose the company's earnings due to the large scale of the recall. Aisin said in an earlier statement that it was difficult to reasonably estimate the impact on earnings at this time.

Toyota Motor announced on December 20 that it is recalling about 1 million vehicles sold in the United States that may not deploy properly due to a problem with the passenger's seat sensor. The recalled models include 2020-2022 Toyota and Lexus gasoline and hybrid vehicles.

Tesla is being investigated by the Norwegian Highway Authority for suspension issues

On December 21, it was reported that Tesla faced another potential recall after the Norwegian traffic safety regulator launched an investigation into the suspension problem of Tesla cars. The Norwegian Highway Authority said it had launched an investigation into Tesla's Model S and X models. The agency said it had reached out to Tesla Norway for more information.