|
Recently, a video surfaced on social media showing a camouflaged new Tesla Model Y at the Berlin Gigafactory, with the internal code name "Project Juniper." According to previous reports, the new Model Y is set to begin mass production mid-year, with significant adjustments to its exterior and interior.
|
|
Evergrande Auto recently disclosed on the Hong Kong Stock Exchange that its subsidiary, Evergrande New Energy Vehicle Investment Holding Group Co., Ltd., received a letter from local administrative authorities. The letter was sent because the subsidiary failed to meet contractual obligations outlined in the relevant agreements. Consequently, the authorities intend to terminate these agreements and have demanded the return of various subsidies and rewards totaling approximately RMB 1.9 billion. The subsidiary is planning to coordinate with the authorities through written communication to address this issue.
|
|
According to Bloomberg, Tesla's performance in the European market in April this year was not as strong as the same period last year. However, Elon Musk expects better performance in the coming months. Data from the European Automobile Manufacturers Association shows that Tesla registered 13,951 vehicles in Europe in April, a 2.3% year-on-year decrease, marking the lowest level since January 2023.
|
|
On May 23rd, Tesla held a groundbreaking ceremony for its new Megapack Energy Storage factory in Lingang, Shanghai. Following the ceremony, Tesla and Lingang Group signed an agreement for the first batch of ultra-large commercial energy storage systems, known as Megapack, in China. The factory is expected to start production in the first quarter of 2025. Once operational, it is projected to produce 10,000 units annually, providing nearly 40 GWh of storage capacity (1 GWh equals 1,000 MWh).
|
|
The US Trade Representative's office recently announced that it will maintain the "Section 301" tariffs on Chinese imports, which were originally imposed during the Trump administration. This decision follows a directive from the President. Additionally, starting August 1st of this year, the tariffs on China's "strategic target products," including electric vehicles and their batteries, semiconductors, and steel and aluminum products, will see a significant increase.
|
|
According to "Automotive News," Nissan has temporarily halted its plans to produce the first batch of next-generation electric vehicles in the United States and has postponed its plan to invest $500 million in its Canton, Mississippi plant. The company has not specified a new production date but has communicated to suppliers that it will provide updates by mid-June.
|
|
According to Bloomberg, insiders stated that the South Korean government has allocated 233.1 billion Korean won to secure critical minerals for the development of South Korea's advanced technologies. This year, through state-owned companies, Korea Mining Promotion Corporation and Korea Mineral Resources Corporation, South Korea has purchased some lithium carbonate from Chile to secure the supply of this critical mineral essential for battery and automotive manufacturing.
|
|
Leapmotor and Stellantis Group have recently established a joint venture company, Leapmotor International. Leapmotor also released its first-quarter financial report, which, despite maintaining sales growth, showed that the gross profit margin fell back to negative, with sales dropping nearly 40% quarter-on-quarter.
|
|
|
Xiaomi Group's latest financial report shows that as of April 30, the Xiaomi SU7 series had accumulated 88,063 pre-orders, with 10,000 vehicles delivered by May 15. Xiaomi aims to exceed 10,000 new vehicle deliveries per month for the Xiaomi SU7 series by June 2024.
|
|
The "NIO House Amsterdam" recently opened. As an integral part of the NIO community, the NIO House provides a better connection between the brand and its users in a physical space, contributing to the prosperity of the local community.
|
|
Today marks the 52nd anniversary of the BMW M brand. The company announced that 2024 will be a significant year for BMW M products in China, with nearly ten high-performance models, including the new BMW M5, expected to be introduced. By the end of this year, the number of M brand models in China is expected to expand to 23, with half of all BMW M models expected to be new energy vehicles by 2027.
|
