Domestic news
Li Qiang presided over an executive meeting of the State Council to study the work related to effectively reducing the logistics cost of the whole society, and Premier Li Qiang of the State Council presided over an executive meeting of the State Council on May 11 to study the work related to effectively reducing the logistics cost of the whole society. The meeting pointed out that modern logistics runs through the primary, secondary and tertiary industries, connects production and consumption, domestic trade and foreign trade, and reduces the logistics cost of the whole society is conducive to improving the efficiency of economic operation. It is necessary to further optimize the structure of cargo transportation, vigorously develop multimodal transport, deepen the reform of the comprehensive transportation system, railway freight, and commercial circulation, promote the development of digital intelligence and green transformation of logistics, make up for the shortcomings of bulk commodity logistics, cold chain logistics, and rural logistics, and promote the substantial reduction of logistics costs as a whole.
The Ministry of Commerce released the Q&A manual on car trade-in subsidies (the second batch)
On May 11, the Ministry of Commerce released the Q&A manual on car trade-in subsidies (the second batch). Among them, it is stated that gasoline passenger cars registered before June 30, 2011 and diesel passenger cars registered before June 30, 2013 are within the scope of the trade-in subsidy for cars of China III and below. The subsidy application period is from April 24, 2024 to January 10, 2025. If it is necessary to change the relevant information of the amendment, it should also be completed before 24:00 on January 10, 2025. If the subsidy application is not submitted or the relevant application information is supplemented and corrected within the time limit, the subsidy will not be processed.
National Bureau of Statistics: In April, the price of new energy cars fell by 6.5% year-on-year On May 11, the National Bureau of Statistics released data showing that in April this year, from a year-on-year perspective, energy prices rose by 3.6%, an increase of 2.3 percentage points, and the price of industrial consumer goods excluding energy rose by 0.4%, an increase of 0.3 percentage points, of which the prices of fuel cars and new energy cars fell by 4.8% and 6.5% respectively, and the decline rate narrowed.
In April, the installed volume of power batteries in mainland China was 35.4GWh, a year-on-year increase of 40.9% On May 11, the China Automotive Power Battery Industry Innovation Alliance released data that in April, the installed volume of power batteries in mainland China was 35.4GWh, an increase of 40.9% year-on-year and 1.4% month-on-month. From January to April, the cumulative installed capacity of power batteries in mainland China was 120.6GWh, a year-on-year increase of 32.6%. Among them, the cumulative installed capacity of ternary batteries was 40.8GWh, accounting for 33.8% of the total installed volume, with a cumulative year-on-year increase of 41.2%; The cumulative installed volume of lithium iron phosphate batteries was 79.8GWh, accounting for 66.1% of the total installed volume, with a cumulative year-on-year increase of 28.6%.
Recently, the Shenzhen Municipal Transportation Bureau issued a notice on adjusting the application conditions for the incremental index of new energy vehicles, revealing that "the social security restrictions on non-Shenzhen household registration personnel applying for the incremental indicators of new energy vehicles will be cancelled." Relax the conditions for individuals with only one car registered in Shenzhen to apply for the incremental index of hybrid cars". According to the current "Implementation Rules for the Management of Incremental Regulation and Control of Cars in Shenzhen", this means that citizens only need to hold a residence permit to apply for the incremental index of new energy cars. Individuals who already have 1 Guangdong B brand car can also apply to purchase 1 hybrid car. International News
Japanese media: The influence of Chinese electric vehicles in the Latin American market continues to expand
On May 12, the Nihon Keizai Shimbun reported that the influence of Chinese electric vehicles in the Latin American market is expanding. In the first four months of this year, China's electric vehicle sales in Brazil reached eight times that of the same period last year. Electric vehicles and plug-in hybrids from Chinese automakers are becoming increasingly popular in Brazil, with sales in Brazil growing rapidly this year, reaching 48,000 units sold from January to April, eight times more than in the same period last year, according to the Brazilian Automobile Dealers Federation.
South Korea plans to provide more than 10 trillion won ($7.3 billion) in support of the chip industry On May 12, South Korean Finance Minister Choi Sang-mu said that South Korea is preparing a plan to provide more than 10 trillion won (about $7.3 billion) to strengthen the country's key semiconductor industry.
Nearly 1,000 people in Germany gathered to protest against Tesla's factory expansion plan On May 12, nearly 1,000 protesters gathered outside the Tesla Gigafactory in Grünheide, Brandenburg, Germany, to protest against Tesla's expansion plan. The protests began on the 8th of this month. The Tesla plant in Germany had submitted plans to the city government of Glenheide to expand the plant, but local residents held demonstrations demanding that the city not approve the expansion plan, believing that the expansion would pollute the water supply.
TotalEnergies: If you can't do business in China, you can't really become a global multinational enterprise On May 12, Anne-Solange Renouard, president of TotalEnergies China Investment Co., Ltd., said that China is the largest market in the world. If you can't do business in China, you can't be a global company in the true sense of the word. An Songlan said that it is necessary to witness all this in the Chinese market, including accompanying the development of new energy vehicles, so as to better experience or promote the energy transition.
Samsung stops autonomous driving research, developers move to robotics On May 11, a foreign news report said that Samsung Electronics has stopped self-driving car research, and the Samsung Advanced Technology Research Institute (SAIT), which is responsible for Samsung's medium and long-term development, has excluded autonomous driving from research projects and transferred developers to the field of robotics as part of Samsung's medium- and long-term development.
Ford Motor's senior personnel changes reported on May 11 that Ford Motor's senior management personnel changes. John Lawlor, Chief Financial Officer, will also serve as Vice Chairman of the Board and will focus on Ford's strategic and partnership responsibilities. Shirley House, former CFO of electric vehicle maker Lucid Motors, will join Ford as vice president of finance and succeed Lawler as chief financial officer in early 2025. Corporate News
A joint venture between Leapmotor and Stellantis Group will be established, and export business is expected to start in the second half of the year
On May 11, it was reported that Zhu Jiangming, chairman of Leapmotor, and Tang Weishi, CEO of Stellantis Group, will jointly attend a joint press conference next week, when the two sides will announce the establishment of the "Leap International" joint venture. Mr. Zhu said in March that the joint venture's senior management team had been formed and that it was expected to start exporting in the second half of 2024, with the goal of selling 500,000 vehicles outside the Chinese market by 2030.
Xpeng Motors Announces Entry into the Australian Market On May 11, Xpeng Motors announced that it has reached an exclusive cooperation agreement with TrueEV in Australia to officially enter the Australian market, which will serve as the exclusive import, distribution and retailer of Xpeng Motors in the Australian market, providing brand showrooms and full customer support. Xpeng Motors will officially launch the Xpeng G6 for the Australian market in the fourth quarter of 2024.
BYD unveiled its all-new all-electric e-platform 3.0 Evo
On May 10, BYD released the new pure electric e-platform 3.0 Evo, which includes a vehicle safety architecture technology cluster, a 12-in-1 intelligent electric drive technology cluster, an intelligent wide-temperature high-efficiency heat pump technology cluster, a global intelligent fast charging technology cluster, and an intelligent motion control technology cluster. Among them, the electric drive system has been upgraded to 12-in-1, and in terms of motors, it is the world's first 23,000rpm mass-produced maximum speed motor, and the Hiace 07EV equipped with the e-platform 3.0 Evo can reach a top speed of 225km/h.
Skyworth responded to "Skyworth Automobile can cure diseases and prolong life" On May 11, Skyworth Automobile issued a statement on Weibo, saying that recently, the company noticed that there were remarks on the Internet about the founder of Skyworth Automobile saying that Chuangwei Automobile can cure diseases and prolong life. The information spread on the Internet is taken out of context and maliciously pieced together, which seriously misleads the public, which is inconsistent with the health technology that the company has always advocated, and also inconsistent with the public sharing content of the founder, Mr. Huang Hongsheng.
The first 100-kilogram vehicle-mounted liquid hydrogen system was successfully developed, with an expansion of 20% A few days ago, one of the highest levels of on-board liquid hydrogen system "Track 1000" in the domestic industry was released in Beijing, which is one of the core equipment of liquid hydrogen heavy trucks, and is also a major technological breakthrough in the application of liquid hydrogen in the field of transportation by Continental. "Track 1000" is the first 100-kilogram on-board liquid hydrogen system in the domestic industry, which can replace traditional fuel with liquid hydrogen as fuel to drive vehicles. Compared with the previous generation of products, the effective volume is increased by 20% under the same overall size, and the hydrogen carrying capacity is increased to 100 kilograms.
Toyota China: Cooperation with BYD is mainly focused on BEV, and does not involve other fieldsOn May 11, in response to the news that "Toyota may use BYD's hybrid technology and abandon the Hybrid system", Toyota China said that Toyota and BYD have a close cooperative relationship, mainly focusing on the field of BEV (pure electric vehicles), and do not involve other fields. In terms of PHEV technology, the company said that there will be an update soon.
Text: Zhao Jianguo Editor/Layout: Zhao Fangting
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