Chen Hong succeeded him as Chairman of SAIC Motor Group Co., Ltd
On June 28, the Shanghai Municipal Government issued a set of personnel appointment and dismissal notices showing that the Shanghai Municipal People's Government had agreed to Chen Hong's appointment as chairman of SAIC Motor Group Co., Ltd. Subsequently, SAIC Motor also approved the appointment at its shareholders' meeting on June 30. The appointment and dismissal of this group of personnel released by the Shanghai Municipal Government also shows that Wang Xiaoqiu is the president of SAIC Motor Group Co., Ltd.; Shen Xiaosu is the chairman of the supervisory board of SAIC Motor Group Co., Ltd.
Didi's market value on the first day of listing exceeded 400 billion yuan
On the evening of June 30, Didi officially landed on the U.S. stock market, coded "DIDI", and actually issued 317 million American Depositary Shares (ADS) at a range cap of $14, 10% more than the original plan of 288 million shares, raising at least $4.4 billion. It opened at $16.65, nearly 19 percent above its issue price of $1.4 billion. Intraday shares rose as high as $18.01, or 28.6 percent, before narrowing slightly, closing at $14.14, up 1 percent on the first day. As of the close, Didi's market value was $67.793 billion, or about 437.7 billion yuan.
Volvo Cars is scheduled to go public by the end of 2021
On June 30, Volvo Cars' CEO revealed that the company had "made good progress" in a possible IPO by the end of the year. Harkan Samuelson said, "We are considering the possibility of an initial public offering by the end of the year. ”
Audi EV sales will shift to the agency model
Audi plans to shift the sales of its electric models to an agency model starting in 2023. Through this model, the car will be sold directly by the brand to the end customer, with the dealer acting only as a middleman.
CATL and BMW set up a special group for raw materials
CATL released news on June 29 that CATL and BMW Group have set up a special group for raw materials to ensure the long-term and sustainable supply of raw materials. CATL said that the production process of BMW iX3 batteries has achieved 100% use of green electricity. In the future, CATL and BMW Brilliance will carry out more in-depth cooperation in the fields of green production, energy conservation and emission reduction and circular economy. In the CATL era, the battery cell production process of bmw iX3 has achieved 100% use of green electricity.
Hongqi's cumulative sales in the first half of the year reached 145,000 units, an increase of 107% year-on-year
On June 30, the new Hongqi brand officially announced that Hongqi's cumulative vehicle sales in the first half of 2021 were 145,000 vehicles, an increase of 107% year-on-year. According to previous data, from the beginning of 2018 to the end of 2020, the new red flag achieved a rapid growth of 42 times in 3 years. From the perspective of the first half of this year, when the supply of automotive chips in the industrial chain was weak, the new red flag still achieved a year-on-year increase of more than 100%, which can be described as very rare.
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Cover news reporter Zhang Fuchao comprehensive report
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