Domestic news
Chengdu has issued a new policy to promote the development of the hydrogen fuel cell commercial vehicle industry
On July 17, 9 departments including the Chengdu Municipal Bureau of Economy and Information Technology jointly issued a notice on the "Guidelines for the Application of Policies for Promoting the Development and Promotion of the Hydrogen Fuel Cell Commercial Vehicle Industry in Chengdu". Among them, it is proposed that for vehicle enterprises that develop or introduce hydrogen fuel cell commercial vehicle models (including Class II chassis) and put them into production and market to achieve sales, they will be given a production and sales incentive of up to 50 million yuan for a single model, taking into account the vehicle price, model, output value and sales volume; In terms of supporting the construction and operation of hydrogen refueling stations, detailed subsidy standards are listed for different specifications, and a one-time subsidy of 10 million yuan is given to hydrogen production and hydrogen refueling integrated stations with a daily hydrogen refueling capacity of not less than 500 kg; A one-time subsidy of 10 million yuan will be given to liquid hydrogen refueling stations with a daily hydrogen refueling capacity of not less than 500 kg.
In the first half of the year, Zhejiang's economic operation was announced, and the added value of the automobile industry increased by 22.8%
On July 18, according to the official account of "Zhejiang Release", according to the unified accounting results of regional GDP, in the first half of the year, the GDP of Zhejiang Province was 4,092 billion yuan, a year-on-year increase of 5.6% at constant prices. In the first half of the year, the added value of industrial enterprises above designated size increased by 8.0 percent year-on-year. Among the 38 industrial categories, the added value of 30 industries increased, with an increase of 78.9%. The added value of automobiles, computer communication electronics, textiles, and chemical raw materials increased by 22.8 percent, 13.3 percent, 11.0 percent, and 10.7 percent respectively. The added value of manufacturing in equipment, high-tech, digital economy and other industries increased by 10.6 percent, 8.7 percent and 7.2 percent respectively. The output of service robots (87.9%), smartphones (34.7%), new energy vehicles (27.9%), integrated circuits (25.4%) and other products has grown rapidly.
International News
Mercedes-Benz partners with Starbucks to deploy EV charging stations in United States
On July 17, local time, Mercedes-Benz High-Power Charging and Starbucks announced that the two sides will cooperate to install electric vehicle charging piles in more than 100 Starbucks chain stores across the United States. Mercedes-Benz said it has invested $1 billion in its charging network and has built more than a dozen charging stations in the southern United States since the first one opened last November. The company plans to expand its operations to nearly half of the states in the United States in the next 12~18 months.
Ferrari's first all-electric model will be unveiled at the end of next year, and the CEO said that it will not use lithium iron phosphate batteries
According to industry sources, Ferrari's first all-electric model has completed thousands of kilometres of road testing, and the company's chief executive, Benedetto Vigna, has promised that the car will be built "the right way" to ensure that owners can have "great fun". The car will be unveiled at the end of next year and go on sale in 2026. Vigna said Ferrari would source battery packs from multiple suppliers, but made it clear that it would not use lithium iron phosphate batteries.
It is rumored that Russia's Nornickel Company is negotiating joint ventures with several Chinese battery companies
According to Reuters, three people familiar with the matter said that Russia's Nornickel is in talks with several Chinese battery companies to build joint ventures, and it is reported that CNGR Advanced Materials and Brunp Recycling, a subsidiary of CATL, are among the companies in contact with Nornickel. Nornickel and CNGR declined to comment. Brunp Loop did not respond to a request for comment.
Suzuki Motor has filed a recall of approximately 137,000 vehicles
On July 18, Japan's Suzuki Motor applied to the Ministry of Land, Infrastructure, Transport and Tourism of Japan to recall about 137,000 vehicles of six models, including Alto. The reason is that there is a defect in the gearbox, and in the worst case scenario, it can cause the vehicle to be undrivable.
Corporate News
Tao Hailong took over as general manager of SAIC Volkswagen
On July 18, SAIC announced that Jia Jianxu, president of SAIC, would no longer concurrently serve as the general manager of SAIC Volkswagen; Tao Hailong, former general manager of Huayu Automotive Systems Co., Ltd., took over as general manager of SAIC Volkswagen. Tao Hailong worked in the quality assurance department and manufacturing department of SAIC Volkswagen for a long time, and then served as the executive director and deputy general manager of the quality assurance department of SAIC Passenger Car Branch, and then served as the general manager of SAIC Transmission Co., Ltd. and the general manager of Huayu Automobile.
BYD Viet Nam COO: Three new models will be launched in the Viet Nam market in October
On July 18, BYD Viet Nam Chief Operating Officer VO MINH LUC SAID THAT BYD will launch three models in the Viet Nam market in October and plans to expand its dealerships to 100 in 2026. Regarding the possible construction of a factory in Viet Nam, consultations are being held with several places to optimize the plan.
GAC Energy Technology (Thailand) signed a cooperation framework agreement with Cornerstone Technology Holdings
Cornerstone Technology Holdings announced that on July 17, together with Spark Co., Ltd., it signed a cooperation framework agreement with GAC Energy Technology (Thailand) Co., Ltd. GAC Energy Technology (Thailand) Co., Ltd. and GAC Aion New Energy Automobile Co., Ltd. are cooperating to expand overseas markets and build EV charging infrastructure in the Thailand market. They aim to promote the 1000 Cities and 1000 Piles Project in Thailand by building a fast, extensive and convenient supercharging network. At present, GAC Energy Technology (Thailand) Co., Ltd. has opened 7 fast charging stations in Thailand and plans to complete another 25 public charging stations within this year. The goal is to establish a network of 200 charging stations and 1,000 chargers in 100 cities in Thailand by 2028.
Beiqi Foton signed a hydrogen energy industry cooperation agreement with Dongfang Hydrogen Energy
On July 17, Zhang Jianyong, Chairman of Beijing Automotive Group Co., Ltd., visited China Dongfang Electric Group Co., Ltd. and had a discussion and exchange with Yu Peigen, Chairman of Dongfang Electric Group, and the two sides conducted friendly exchanges on working together to serve the national strategy, strengthen the hydrogen energy industry and pragmatic cooperation with international business, and signed a hydrogen energy industry cooperation agreement between Beiqi Foton and Dongfang Hydrogen Energy.
Jia Yueting: The 13th new car is scheduled to be delivered around July 31
On July 18, Jia Yueting, founder of Faraday Future (FF), posted on social platforms that FF's dual-brand strategy is continuing to advance, and is negotiating with several Chinese and global OEMs on large-scale "quasi-complete" parts procurement plans. According to reports, the second brand aims to provide United States consumers with a truly extreme price-to-price ratio of mass large-volume AI EV products. In addition, in response to the latest plan for vehicle delivery, Jia Yueting said that he plans to deliver the 13th new car around July 31.
Putailai signed a strategic cooperation agreement with Zhongke Guneng
On July 18, Putailai officially announced that the company signed a strategic cooperation agreement with Liyang Zhongke Guneng New Energy Technology Co., Ltd., and the two sides will jointly devote themselves to the development of solid-state battery technology, including the research and development of semi-solid-state batteries to all-solid-state batteries.
The joint venture of Zhengwei Energy and WM Motor is operating abnormally
Tianyancha business risk information shows that recently, Zhengweima Automotive Technology (Shanghai) Co., Ltd. was included in the list of abnormal operations by the Shanghai Yangpu District Market Supervision and Administration Bureau for failing to publicize the annual report within the prescribed time limit. The company was established in March 2023 with a registered capital of RMB 1 billion, and is 55% and 45% owned by Shenzhen Zhengwei Energy Holdings Co., Ltd. and WM Motor Technology Group Co., Ltd., both subsidiaries of Zhengwei Group. WM Motor Technology Group Co., Ltd. was also recently included in the list of abnormal operations for failing to publish its annual report within the prescribed time limit.
Telide: Telide provides charging services for Radish Express in Shanghai and other cities
On July 18, Telide said on the interactive platform that its subsidiary, Telai, had opened a national enterprise account for Radish Express and provided charging services for it in Shanghai, Wuhan, Beijing and other cities. At present, the impact of this business on the company as a whole is relatively small.
Text: Zhang Yiwen Editor/Layout: Liu Xiaoye
Add a chicken leg to the editor!