RECENT HEADLINES April 13TH
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Lei Jun: The 10,000th Xiaomi SU7  officially rolls off the production line
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Lei Jun announced on social media that just 32 days after launching the Xiaomi SU7, the 10,000th vehicle has successfully rolled off the production line. This new model boasts an 800V architecture, impressive charging capabilities of 510 km in just 15 minutes, and can accelerate from 0 to 100 km/h in 2.78 seconds. It also reaches a top speed of 210 km/h and offers a CLTC range of 810 km.

Tesla passes all Chinese national automotive data security requirements, restrictions lifted gradually
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The China Association of Automobile Manufacturers and the National Computer Network Emergency Response Technical Team Coordination Center have confirmed that all Tesla models manufactured at the Shanghai Gigafactory meet the required compliance standards, distinguishing Tesla as the sole foreign enterprise to achieve this in China. Consequently, restrictions on smart cars, including Tesla vehicles, are being progressively lifted across various regions, further facilitating Tesla's operations and market presence in China.
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Volkswagen releases "In China, For China" strategy: ID.CODE concept car is just the first step
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Volkswagen's passenger car brand CEO, Shi Wentao, stated that the launch of ID. CODE is a step in the right direction, aiming not to cover all markets but to target specific segments. The brand will continue to pursue excellence in performance, maintaining high standards for the ID. CODE and other models.

Carlos Tavares: UK's electric vehicle policy is "very poor"
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Carlos Tavares, the leader of Stellantis, has criticized the UK's electric vehicle policy as "very poor," warning that it could potentially drive automakers to bankruptcy. The policy includes a quota system that mandates automakers to meet escalating annual EV sales targets, which are effectively double the market's natural demand. This requirement forces manufacturers to sell electric vehicles at a loss to avoid hefty fines, creating a financially unsustainable situation for the industry.
 

the all-new smart Concept #5 officially makes its world premiere

Recently, a full rollout of all the details regarding the all-new smart #5 concept car was revealed. The new car features dual-motor intelligent four-wheel drive, AT all-terrain tires, and an all-terrain driving mode, marking the smart brand’s expansion beyond urban limits and the start of a new adventure into the outdoors. Additionally, the new car will be equipped with cutting-edge generative AI technology, allowing users to engage in interactive  conversations with the onboard intelligent assistant. On April 25th, the all-new smart #5 concept car will make its global debut at the Beijing Auto Show.
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Quiet and refined Range Rover just unveiled its new all-electric SUV

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Recently, Land Rover unveiled teaser images of the electric version of the Range Rover. The design has been updated to eliminate the exhaust system and incorporate elements of electrification. The teaser images depict the electric Range Rover being tested in the extreme conditions of the Arctic Circle, with temperatures as low as minus 40 degrees Celsius. Land Rover has described this vehicle as the quietest and most refined Range Rover to date.
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Starting at RMB 335,900, the new Model 3 high-performance all-wheel drive version is now available for pre-sale
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Today, Tesla officially launched the new Model 3 Performance. According to the Tesla China official website, the pre-sale price of the car in China is set at RMB 335,900, with deliveries expected to commence in the third quarter of 2024. The Model 3 Performance boasts impressive power credentials, with a maximum output of 460 horsepower, an acceleration time of 0-100km/h in just 3.1 seconds, and a CLTC range of 623 kilometers.

Tesla's revenue for Q1 2024 was $21.301 billion, down 9% year-over-year
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Today, Tesla released its financial report for the first quarter of 2024. The data shows that Tesla's revenue for the first quarter of this year was $21.301 billion, a decrease of 9% compared to the same period last year. The total gross profit was $3.696 billion, a decrease of 18% from $4.511 billion in the same period last year. The overall gross profit margin was 17.4%, a decrease of 1.9 percentage points from 19.3% in the same period last year.