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Breakfast by car | SAIC: will not give up the EU market; Saudi Aramco takes a 10% stake in the Renault-Geely joint venture; 60 cities have piloted the digitization of motor vehicle driving licenses

author:China Automotive News
Breakfast by car | SAIC: will not give up the EU market; Saudi Aramco takes a 10% stake in the Renault-Geely joint venture; 60 cities have piloted the digitization of motor vehicle driving licenses
Breakfast by car | SAIC: will not give up the EU market; Saudi Aramco takes a 10% stake in the Renault-Geely joint venture; 60 cities have piloted the digitization of motor vehicle driving licenses

Domestic news

60 cities began to pilot the electronic driving license of motor vehicles on July 1, and on July 1, 8 new measures for public security traffic management to facilitate the people and benefit enterprises were officially implemented. Among them, 60 cities such as Beijing and Tianjin have piloted the implementation of electronic motor vehicle driving licenses; Implement the "one-pass service" for motorcycle registration; When handling traffic management services such as replacement of licenses, you can choose express door-to-door service; Optimisation of test subjects for re-application of driving licences.

National Bureau of Statistics: Manufacturing PMI was 49.5% in June On June 30, the National Bureau of Statistics released data that in June, the manufacturing purchasing managers' index (PMI) was 49.5%, the same as the previous month, and the manufacturing industry was basically stable. Among them, the production and demand index of the automobile industry is in the expansion range, and the production and demand are released quickly.

The Shenzhen-Zhongshan Corridor was completed and opened, and the driving time from Shenzhen to Zhongshan was shortened to 30 minutesOn June 30, the Shenzhen-Zhongshan Corridor, a major national project, was officially opened for trial operation. After the opening of the car, the driving time from Shenzhen to Zhongshan will be shortened from 2 hours to 30 minutes, and the car will travel in an immersed tunnel about 39 meters below sea level.

China's auto dealer inventory warning index was 62.3% in June On June 30, the China Automobile Dealers Association released the latest "China Auto Dealer Inventory Warning Index Survey", showing that China's auto dealer inventory warning index in June 2024 was 62.3%, up 8.3 percentage points year-on-year and 4.1 percentage points month-on-month. The inventory warning index is above the boom and wither line, and the automobile circulation industry is in a recession range. International News

Toyota's subsidiary may face tens of millions of yen in compensation

On June 30, according to Japanese media reports, a subsidiary of Toyota Motor Corporation in Japan may face tens of millions of yen in compensation. According to the report, the company asked about 50 subcontractors to store metal molds used for mass production of auto parts for up to 30 years free of charge to cut costs. The Japan Fair Trade Commission will issue a warning requiring it to fully compensate subcontractors for the cost of storage equipment, which could be tens of millions of yen.

Electric vehicle company Fisker recalls more than 12,000 vehicles Recently, American electric vehicle company Fisker announced that it has filed a recall of 12,523 2023-2024 Ocean vehicles in North America and Europe to solve the problem that exterior door handles may be stuck and cannot be opened. It is reported that this is Fisker's third recall in June, and it is estimated that 2.5% of vehicles may be faulty. Earlier in June, Fisker filed for bankruptcy protection in Delaware court.

Ford CEO: Expected to launch an all-electric vehicle costing $30,000 On June 28, local time, Ford CEO Jim Farley said that it is expected to launch an all-electric vehicle costing $30,000. The car, developed by Ford's Skunk Works team, was profitable in about two and a half years. Farley said its main competitors are expected to be Chinese automakers such as BYD.

Volkswagen recalls 84,400 vehicles in the United States On June 30, according to the National Highway Traffic Safety Administration (NHTSA), the Volkswagen Group will recall some 2022~2024 Golf R, Golf GTI, 2024 Atlas and 2024 Atlas Cross Sport vehicles in the United States, a total of 84,432 vehicles. The reason for the recall is that the rearview camera image may be delayed or not displayed after shifting into reverse.

South Korea's imported car sales in the first five months hit a five-year low on June 30, according to data released by the Korea Automotive and Mobility Industry Association, the Korea Imported Car Association and the Customs Service, South Korea's imported car sales in the first five months of this year were 102,957 units, a year-on-year decrease of 9,284 units, the lowest record since 2019, and the import value hit a four-year low. Corporate News

China FAW and Qingdao Municipal Government signed a strategic cooperation contract A few days ago, the signing ceremony of strategic cooperation between China FAW and Qingdao Municipal Government and the unveiling ceremony of FAW Jiefang (Qingdao) Commercial Vehicle Development Institute was held in Qingdao, Shandong. At the event, China FAW signed a strategic cooperation agreement with the Qingdao Municipal Government, FAW Jiefang signed a strategic cooperation agreement with 11 Qingdao enterprises, and a Hongqi vehicle delivery ceremony was also held at the scene.

Breakfast by car | SAIC: will not give up the EU market; Saudi Aramco takes a 10% stake in the Renault-Geely joint venture; 60 cities have piloted the digitization of motor vehicle driving licenses

Saudi Aramco acquires 10% stake in Renault and Geely joint ventureOn June 29, Saudi Aramco announced that it has signed a definitive agreement with HORSE Powertrain Limited, a powertrain technology company jointly established by Renault Group, Zhejiang Geely Holding Group and Geely Automobile Holding Co., Ltd., to acquire a 10% stake in Renault Group, Zhejiang Geely Holding Group and Geely Automobile Holding Co., Ltd. Under the agreement, Aramco will purchase a 10% stake in Renault and Geely based on the overall value of HORSE Powertrain Limited of €7.4 billion. At the same time, customary closing conditions, including obtaining regulatory approvals, are subject to being met. Renault Group and Geely will each retain the same 45% stake.

Wang Xiaoqiu, SAIC: Will not give up the EU market On June 28, at the 2023 annual general meeting of shareholders of SAIC, in response to the EU's substantial increase in anti-subsidy tariffs on Chinese car companies, Wang Xiaoqiu, president of SAIC, said that SAIC will balance the possible fluctuations in the EU market through the global production and sales layout in the Middle East and Southeast Asia. "SAIC will definitely not give up the EU market, and it is very important for SAIC to occupy a certain share of the EU car market." Wang Xiaoqiu said that Europe is the birthplace of the world's automobile industry, and if we occupy a place and can account for more than 5% of the market share, we can truly reflect the international competitiveness of enterprises.

On June 29, the power battery production base with an annual output of 30GWh was officially put into trial production in Sino-Singapore Knowledge City, Huangpu District, Guangzhou. The first phase of this "super factory" mainly produces lithium iron phosphate system SPS products, and the target market is mainly pure electric passenger cars, taking into account the hybrid vehicle market. It is expected that by 2025, the Guangzhou plant will have a supporting capacity of 600,000 electric vehicle power batteries.

GAC Toyota: 2027~2028 to launch solid-state batteries with a range of more than 1,000 kilometers On June 28, at GAC Toyota's first Science and Technology Day, Yoshihiko Kanamori, executive vice president of the Product Planning Center of Toyota Intelligent Electric Vehicle R&D Center (China) Co., Ltd., said that Toyota is committed to launching all-solid-state battery technology from 2027 to 2028, which uses a solid-state electrolyte to provide fast charging and discharging capabilities while improving battery safety and life. Models equipped with all-solid-state batteries are expected to achieve a range of more than 1,000 kilometers and a fast charge of 10 minutes.

Weilai Li Bin: Before the end of the year, Guangdong battery swap stations should be "county and county connected" A few days ago, Li Bin, chairman and CEO of Weilai Automobile, said at the Greater Bay Area car club that the infrastructure of Weilai's charging and swapping network is still insufficient, and there are now 122 counties in Guangdong, and Weilai battery swap stations only cover 57, which is far from enough. Li Bin said that before the end of this year, Guangdong battery swap stations should be connected to counties, and each county must have a battery swap station. ◆ Yang Xudong: The chip is almost the way! ◆ Tesla was revealed to have been allowed to test FSD in Shanghai, Xpeng Motors' intelligent driving team changed blood, and Momenta applied for an IPO in the United States In June, Zhijia was hotly searched

Text: Zhang Yiwen Editor/Layout: Qi Meng

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