Sichuan: By the end of 2025, Sichuan will build charging infrastructure 860,000 units with a rated power of 13 million kW
On June 28, Sichuan issued the "Sichuan Province Charging Infrastructure Development Plan (2024-2030) ". The plan proposes that by the end of 2025, Sichuan will build 860,000 charging infrastructure with a rated power of 13 million kilowatts, and 2.93 million charging infrastructure will be built by the end of 2030. The rated power will reach 29.56 million kilowatts, and a high-quality charging infrastructure system with extensive coverage, moderate scale, reasonable structure and perfect functions will be basically built, effectively meeting the people’s green travel charging needs. The province has now been completed and put into operation320,000 units and rated power 5.33 million kilowatts, which increased by 8.2 times and 3.7 times respectively compared with the end of the 13th Five-Year Plan.
Sichuan is a major automobile province, and the improvement of charging infrastructure will further promoteThe popularity of cars.
Revenue in the first quarter increased by 56% year-on-year, and net profit increased by 119%.
On June 28, it was announced that the sales volume in the first quarter of 2024 increased by 49% compared with the same period last year, outperforming the trend. Thanks to the significant increase in sales volume and the continuous optimization of product structure, the group’s revenue grew rapidly compared with the same period last year, an increase of 56%, and gross profit increased from RMB 4.75 billion yuan to RMB 7.15 billion yuan in the same period last year, an increase of 51% year-on-year. Profit attributable to the company’s equity holders increased by 119% to 1.56 billion yuan in the same period last year.
In a highly competitive market environment, both revenue and profits have reached new highs.
The major asset restructuring is being advanced
On June 28, the group’s joint stock company disclosed the progress of major asset restructuring, and the company plans to purchase Chongqing industrial investment fund of funds partnership (limited partnership), Chongqing Liangjiang New District Development Investment Group Co., Ltd., Chongqing Liangjiang New District Industrial Development Group Co., Ltd. holds 100% equity of Chongqing Liangjiang New District Longsheng Technology Co., Ltd.
Cailian Automobile: Longsheng mainly provides production leasing services for new energy vehicle factories, and its super factories are mainly used to produce new energy vehicle products such as AITO’s M9 series.
GAC Toyota and Momenta jointly launch an end-to-end all-scenario smart driving solution
On June 28, GAC Toyota announced the launch of end-to-end full-scene intelligent driving in conjunction with Momenta at the Science and Technology Open Day, which will be launched on GAC Toyota’s new pure electric model bZ 3X (Bozhi 3X).
In order to cater to the Chinese market, Toyota is also actively expanding into the field of smart driving.
Volkswagen’s first smart electric coupe SUV will be launched in mid-July
On June 28th, the first batch of 38 retail outlets of Volkswagen (Anhui) opened, and Volkswagen’s first smart electric coupe SUV ID. and public (ID. UNYX) were unveiled simultaneously. As the first new model to hang the golden Volkswagen brand logo, ID. and public will be officially launched in mid-July.
The arrival of ID. is a manifestation of the Volkswagen brand’s accelerated transition to smart and electric vehicles.
Reached a cooperation plan with Algerian dealers to export 30,000 vehicles annually
On June 28th, the Sole Agency Agreement was signed with SARL AI Auto in Algeria, and in-depth discussions were held on the cooperation and follow-up matters in the Algerian market. According to the agreement, SARL AI Auto is the exclusive agent dealer in the Algerian automobile market. During the agreement period, the two parties agreed that the annual sales volume of SARL AI Auto will be 30,000 vehicles, and plans to continue to increase at an annual rate of 20%.
Financial Union Auto: Zotye Auto took a different approach and chose to enter the African market to regroup.
Lifan plans to acquire Gahe? Gahe responded: without any evaluation or explanation
On June 28, in response to rumors in the industry that "Lifan plans to acquire Gahe", Gahe Automobile responded that "at this stage, we cannot make any evaluation or explanation for any transactions and negotiations that have not reached a written agreement." It is reported that Gahe Automobile will usher in the takeover man –Perhaps the latter will become the next.
Finance Union Auto: In any case, Gahe urgently needs the "rescue" of external funds.
BEYONCA will enter Hong Kong Science and Technology Parks Corporation’s Tseung Kwan O Innovation Park
June 28,BEYONCA, a smart electric vehicle brand, announced that it will enter the Tseung Kwan O Innovation Park under the Hong Kong Science and Technology Parks Corporation, and establish an international headquarters, a vehicle assembly plant, and four major centers here, namely the vehicle research and development andCenter, marketing center, customer experience and smart health service center, andCenter.
Financial Union Auto: BEYONCA takes a significant step forward.
Karl Power announced the completion of 600 million yuan A round of financing to accelerate the unmanned and commercialization of formation autonomous driving
On June 28th, Karl Power announced the completion of 600 million yuan A round of financing. The financing funds will be used to accelerate the large-scale application and commercialization of L4 autonomous driving formation technology. In the past year, Karl Power has accumulated financing of over 1 billion yuan. Investors includeMunicipal State Investment Group, Group,Cooperation with Shenzhen Investment Capital, Horizon and other strategic investors.
The commercialization of autonomous driving in the field of commercial vehicles is constantly being realized.
2024 Dcar summer test starts 30 models to participate
On June 28, the 2024 Dcar summer test was officially opened at the Wuhan Intelligent Networked Vehicle Test Ground. 30 popular models such as Zhijie S7, Wenjie M7, Xiaomi SU7, etcType, will participate in more than 10 tests in five dimensions, including battery life charging, summer car scenarios, and AEB active safety, in the next two weeks. This summer test will be broadcast live on Dcar and Douyin App to ensure that the test process is open and transparent.
China’s auto market urgently needs independent third-party, fair and professional car evaluation.
Starting from 155,800 yuan, Zero Run C16 is listed
On June 28th, the flagship model of Zero Run Leap3.0 Zero Run C16 was officially launched, divided into pure electric and range extension two power forms, a total of 6 versions, the price range 155,800 – 185,800 yuan. The new car is set to be a medium and large six-seat SUV, using 2 + 2 + 2 three-row layout, equipped with8295 cockpit chip, OrinX smart driving chip, standard global 800V high voltage platform, will be delivered in July.
Financial Union Auto: 150,000 level six-seat player entry.
Saudi Aramco plans to acquire a 10% stake in HORSE Powertrain, a new joint venture between Renault and Geely
On June 28, Saudi Aramco intends to sign a definitive agreement to acquire a 10% stake in "HORSE Powertrain Limited", a global powertrain technology company. HORSE Powertrain Limited was established by Renault Group and Geely on May 31, 2024, and is registered and headquartered in London, UK. Saudi Aramco will acquire a 5% stake in HORSE Powertrain Limited from Renault Group and Geely respectively, and the two companies will each retain a 45% stake. The price paid by Saudi Aramco at closing, subject to regular closing conditions including regulatory approvals, will be based on a corporate valuation of 7.40 billion euros.
Saudi Arabia, a major oil producer, is also facing the need for a green transition.