Policies and regulations
1. The implementation of new standards for electric vehicle charging piles was released
On April 1, the China Quality Certification Center issued the "Notice on the Implementation of the New Standards and Certification Rules for Electric Vehicle Non-on-board Chargers, Cable Control and Protection Devices (IC-CPD) for Electric Vehicles and AC Charging Piles for Electric Vehicles", the main changes are as follows:
Enterprise dynamics
1. Xpeng signed a strategic cooperation framework agreement with Volkswagen
On April 17, Xpeng Motors and Volkswagen signed an EEA strategic cooperation framework agreement on electronic and electrical architecture technology. It is reported that according to the relevant information released by Xpeng Motors, the two parties will jointly develop an industry-leading EEA electronic and electrical architecture for Volkswagen's electric vehicle platform in China, which is expected to be applied to Volkswagen-branded electric models produced in China from 2026.
2. VIE Technology's net profit in 2023 will be 320 million yuan
On April 16, VIE Technology released its 2023 annual report, in 2023, it achieved operating income of 3.983 billion yuan, a year-on-year increase of 18.38%, a net profit of 320 million yuan, a year-on-year increase of 346.07%, basic earnings per share of 0.67 yuan, a weighted average return on equity ROE of 15.14%, and a net cash flow from operating activities of 270 million yuan, a year-on-year increase of 271.84%. The net cash flow from investment activities was -58.6539 million yuan, a year-on-year increase of 68.28%, and the net cash flow from financing activities was -106 million yuan, a year-on-year decrease of 170.72%.
3. CGI and Huawei Digital Power join hands
On April 15, the launch ceremony of the supercharging station in the Houjie Service Area (Southbound) and the signing ceremony of the cooperation agreement between CGI Energy Technology (Guangdong) Co., Ltd. and Huawei Digital Power Technology Co., Ltd. were successfully held in Dongguan. According to the agreement, the two parties will further deepen cooperation, fully rely on their respective advantages, cooperate on the construction, operation and maintenance of high-quality charging infrastructure, operation and maintenance and services in Guangdong Province, develop new quality productivity, and jointly promote the development of charging network business.
4. CAMS signed a cooperation agreement with Hainan Charging and Swapping Network for Vehicle-Network Interactive Demonstration Project
On April 12, CAMS New Energy Technology Co., Ltd. and Hainan Provincial Charging and Swapping Network Service Co., Ltd. officially signed a cooperation agreement on the vehicle-network interactive demonstration project, which will introduce the orderly charging control platform technology independently developed by CAMS in Hainan Province to create an "intelligent and orderly charging model room" in Hainan, jointly promote the interactive application of vehicle-network, and create a new ecology of vehicle-network coordinated development.
5. Ruilan Automobile signed a strategic cooperation agreement with iFLYTEK
On April 15, 2024, the signing ceremony of the strategic cooperation between Ruilan Automobile and iFLYTEK was held in Hefei, Anhui Province, the headquarters of iFLYTEK. As an important part of Lifan Technology's development strategy, Ruilan Automobile and iFLYTEK have jointly launched a comprehensive strategic cooperation, which will further promote the deep integration of domestic artificial intelligence models and new energy vehicle manufacturing industry, and continue to empower the high-quality development of Ruilan Automobile brand and provide users with a new experience of intelligent travel.
Domestic news
1. National Bureau of Statistics: The output of charging piles in the first quarter increased by 41.7% year-on-year
On April 16, the National Bureau of Statistics released data that preliminary calculations showed that the GDP in the first quarter was 296299 billion yuan, a year-on-year increase of 5.3% at constant prices, and a quarter-on-quarter increase of 1.6% over the fourth quarter of last year. Among them, the output of charging piles in the first quarter increased by 41.7% year-on-year.
International News
1. German automotive industry: If the EU imposes tariffs on Chinese electric vehicles, it will hurt its own interests
Hildegard Müller, chairman of the German Association of the Automotive Industry, said in a recent interview with German media that the German automotive industry opposes the EU's possible imposition of additional tariffs on electric vehicles imported from China, which could trigger trade frictions, affect the EU's electrification and digital transformation and threaten German jobs. Protectionist measures, such as imposing additional tariffs on Chinese electric vehicles, will not help solve the challenges facing the German and European automotive industries, but will instead pose the risk of trade frictions.
2. Honda released a new electric brand "Ye"
On April 16, Honda Motor Co., Ltd. (China) Investment Co., Ltd. (Honda) held a new Honda China electric brand launch event with the theme of "Bringing Out the True." At this press conference, Honda officially unveiled the new electric brand "Ye" specially launched for the Chinese market. Three new models of the "Ye" brand, "Ye S7", "Ye P7" and "Ye GT CONCEPT", made their world premieres, among them, "Ye S7" and "Ye P7" are the first models of the "Ye brand", and "Ye GT CONCEPT" is "Ye GT CONCEPT". The second model of the brand.
Source: International Energy Network/Charging and Swapping Grid