Domestic news
Biden announced tariffs on electric vehicles and other products Foreign Ministry: China will take all necessary measures to safeguard its legitimate rights and interests The U.S. government announced on the 14th that it will impose tariffs on Chinese electric vehicles and other products. At a press conference held by the Ministry of Foreign Affairs on May 14, Chinese Foreign Ministry spokesperson Wang Wenbin said, "China has always opposed unilateral tariffs in violation of WTO rules, and China will take all necessary measures to safeguard its legitimate rights and interests." ”
Three departments: improve the safety performance of new passenger and freight vehicles and promote the withdrawal of buses and sleeper buses with more than 57 seats from the transportation market in a steady and orderly manner Recently, the General Office of the Ministry of Transport, the Ministry of Public Security and the Ministry of Emergency Management jointly issued the "Three-year Action Implementation Plan for Road Transport Safety Production to Tackle the Root Causes". Revise relevant technical standards to improve the safety performance of new passenger and freight vehicles. Strictly implement the management system of road transport vehicles up to standard, and strictly control the entry of vehicles into the transportation market. Strengthen coordination and cooperation, and severely crack down on illegal modifications, heavy trucks "100-ton king", atmospheric liquid dangerous goods tankers "large tanks and small labels" and other violations of laws and regulations. Promote the withdrawal of buses and sleeper buses with more than 57 seats from the transportation market in a steady and orderly manner, and effectively control major safety risks.
Hainan Supervision Bureau of the State Financial Regulatory Administration: Strengthen financial support for the production of new energy vehiclesThe Hainan Supervision Bureau of the State Administration of Financial Supervision and Administration recently announced that it will guide institutions to increase financial support for the trade-in of consumer goods and large-scale equipment renovation. The first is to cooperate with the provincial government to introduce an implementation plan, clarify financial supporting measures, and guide banking institutions within its jurisdiction to increase financial support around the key areas and major projects determined by the provincial government's work plan. The second is to guide institutions to implement the re-lending policy for scientific and technological innovation and technological transformation, encourage the increase of medium and long-term loans for the manufacturing industry, and strengthen financial support for the production of new energy vehicles. The third is to support eligible equipment renewal and trade-in related enterprises during the consumption period to be included in the high-level opening of cross-border trade pilot high-quality enterprises.
On May 14, Zou Yongbing, chief economist of the Guangdong Provincial Department of Industry and Information Technology, said at the "High-quality Development Research Tour" Guangdong theme interview briefing that every 3 industrial robots and every 4 new energy vehicles in the country have 1 (vehicle) made in Guangdong. Zou Yongbing said that Guangdong Province continues to optimize the development strategy of strategic industrial clusters, develop new quality productivity according to local conditions, adhere to the simultaneous development of new and old industries, transform and upgrade traditional industries, cultivate and expand emerging industries, and lay out and build future industries.
Passenger Association: Pickup truck market sales in April were 44,000 units, a year-on-year increase of 4.4% On May 14, the Passenger Association released data that the pickup truck market sales in April 2024 were 44,000 units, a year-on-year increase of 4.4% and a month-on-month decrease of 13.1%, which is at a mid-to-high level in the past five years. Since the pickup base was relatively normal in April last year, the growth rate this year is better. From January to April this year, the sales volume of pickup trucks was 173,000 units, a year-on-year increase of 5.1%, and the overall performance was good. International News
The market share of Japanese automakers in China fell to a new low in nearly 10 years
On May 14, data from industry statistics agencies showed that in April this year, the share of Japanese passenger cars in China fell to 15.2%, a new low since 2013. At the same time, the market share of local Chinese brands is growing rapidly, approaching the target of 70%.
Volkswagen is rumored to be considering selling up to 1 billion euros of Traton shares in the coming weeks On May 14, citing Bloomberg sources, the Volkswagen Group is studying the sale of up to 1 billion euros of Traton shares. Depending on market conditions, the sale could be worth between €500 million and €1 billion. Since Traton's initial public offering in 2019, Volkswagen has been responding to investor calls to increase the truckmaker's free float to raise more capital, helping the division become more independent. No decision has been made yet, and plans could still change, the people said.
Tesla rehires some of its supercharger teamOn May 14, Tesla Inc. is beginning to rehire some of its Supercharger team, which was disbanded at the end of last month when nearly 500 employees were laid off. According to people familiar with the matter, the highest-ranking of those who were rehired was Max de Zegher, director of North American charging operations. Corporate News
Chinese self-driving technology supplier Hesai Technology sues U.S. Department of Defense On May 14, Hesai Technology Co., Ltd., a developer of self-driving car sensor technology, reportedly sued the U.S. Department of Defense for placing the company on its list of companies accused of assisting the Chinese military. According to a complaint filed by the Shanghai-based company in federal court in Washington on the 13th, being included in the so-called 1260H list has caused it to "damage its reputation, a significant drop in its stock price, and the loss of some business opportunities."
Leapmotor and Stellantis Joint Venture Established By the end of this year, the number of European sales outlets will be expanded to 200On May 14, Leapmotor and Stellantis jointly announced the official establishment of the joint venture "Leaprun International". According to the plan, the joint venture will start sales in Europe first from September 2024; Starting from the fourth quarter of 2024, Leapmotor International will expand into India and Asia Pacific, the Middle East and Africa, and South America. By the end of this year, the company plans to expand its sales network in Europe to 200 locations.
BYD: Complete the cancellation of the repurchased shares in 2024On May 13, BYD disclosed the announcement of the completion of the cancellation of the repurchased shares and the change of shares in 2024, the number of repurchased shares cancelled this time is 1.877 million shares, accounting for 0.064% of the company's total share capital before the repurchase and cancellation, confirmed by the Shenzhen Branch of China Securities Depository and Clearing Co., Ltd., the cancellation date of the repurchased shares is May 10, 2024.
Xiaomi responds to SU7 brake failure: it is indeed a software misidentification, it has been fixedMay 13th, in response to the previous user driving Xiaomi carSU7, the sudden brake is suspected of sudden failure, and the screen then appears"Brake system failure"4 abnormal information,Wang Hua, general manager of the public relations department of Xiaomi Group, responded that after verification is a misidentification of the software,This small probability event has been repaired。 Wang Hua said that the service hotline was not connected at that time because it was in the peak period of the incoming line, and there were many queues in the busy line, and there was a situation that was not connected in time, and then the user's exclusive service group responded to the user's needs and arranged roadside rescue support.
Yao Zhenhua and Baoneng Holdings were forcibly enforced to enforce 850 million yuan Tianyancha legal litigation information shows that recently, Yao Zhenhua, Baoneng Holdings (China) Co., Ltd. and its Xinjiang Baoneng Investment Co., Ltd. added a new information on the person subject to execution, with an enforcement target of more than 850 million yuan, and the enforcement court is the Longgang Municipal People's Court. Tianyan risk information shows that Baoneng Holdings (China) Co., Ltd. has 19 pieces of information on persons subject to execution, with a total amount of more than 19.4 billion yuan. In addition, the company also has a number of consumption restriction orders, judgment defaulters (lai) and final case information.
ArcherMind Technology: The automotive vision laboratory established with NVIDIA has been applied to a number of automotive mass production modelsOn May 14, ArcherMind Technology said on the interactive platform that the automotive vision laboratory established by the company and NVIDIA provides intelligent driving vision solutions and services based on Orin and Xavier chips for intelligent driving related enterprises. Intelligent driving machine algorithm recognition, providing full-stack solutions such as full verification for intelligent driving. At present, it has been applied to a number of automobile mass production models.
Text: Zhao Lingling Editor/Layout: Wang Kun
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