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Weekly News on Hottopics(May 14,2021)
2021-05-14 08:23:37

NEV Industry

Nio releases its strategies to Norway market 

On May 6, NIO announced the Norway strategy and formally entered the Norway market. This is the first step for NIO to enter the overseas market. Delivery of the ES8 model will start in Norway in September 2021, and the ET7 car will be delivered in 2022. NIO will build a complete operating system for vehicles, services, digitalization and lifestyle in Norway.

Sales of new auto enterprises in April

Nezha, Leapmotor, Nio, Lixiang, and XPENG have announced their delivery volumes in April. Nio ranked the first with 7,102 units, and the number of Leapmotor has doubled comparing with that of last month.

VW realized profits growth of 433% in Q1 2021

On May 6, Volkswagen stated that the positive business development momentum continued in the second half of 2020. It continued to invest in automotive electrification and digitization and reduce the cost base, successfully coping with the impact of the epidemic and semiconductor shortages. It performed well in the first quarter of 2021.

CATL invests in Aiways to jointly develop batteries 

CATL has acquired 0.35506% of AIWAYS with investments of Rmb 3.08 million. The two parties will further explore the development of next-generation power batteries in the future, and will also carry out in-depth cooperation on multiple levels of the battery industry chain, such as battery recycling and battery data sharing in overseas market.

CATL and GAC both increase investments in JVs 

A few days ago, CATL GAC Power Battery Co., Ltd., which is a JV between CATL and GAC Group’s joint venture, has changed the capitals.Its registered capital has increased from Rmb 1 billion to Rmb 2 billion, an increase of 100%.

ICV  Industry

Pony.ai g upgrades self-driving mobility services in Guangzhou to further promote the commercial application process

Recently, Pony.ai, an autonomous driving start-up, announced a comprehensive upgrade of its autonomous driving mobility service (Robotaxi) in Guangzhou. The user can experience it by opening the PonyPilot+ App.

NavInfo's chip revenue increased in the first quarter

NavInfo’s revenue in the first quarter of 2021 was approximately Rmb 519 million yuan, a year-on-year increase of 31.57%, and a net loss was Rmb 45.19 million yuan, a year-on-year increase of 37.75%. The increase in revenue and net profits benefited from the increase in chip revenue during the period.

GM will launch autonomous driving vehicles for private use before 2030

GM has predicted that the company will provide consumers with self-driving cars by 2030.

Hongjing Zhijia completed the A round financing of nearly Rmb 100 million

On May 7, Hongjing Zhijia, an autonomous driving technology company, announced that it has completed A round of financing of nearly Rmb 100 million yuan. This round of financing was led by Delta Capital, and participants of Delian Capital and Sky9 Capital following the investment, old shareholders Hillhouse Capital, Bluerun Ventures, Linear Capital, Qingyan Capital, Translink and other over-investment, and Yiwei Capital acting in this round Exclusive financing consultant.

Intel will invest USD 400 million to build R&D park for autonomous driving vehicles

According to foreign media reports, Intel will spend USD 400 million to turn the Jerusalem-based MobileEye subsidiary into an innovation research and development industrial park for self-driving cars. The company will also spend USD 200 million to build a research and development center called IDC12 and a "Large chip design" engineering facility next to the development center in the northern port city of Haifa.
Ms.Zang Jinhuan

Tel: 86-22-84379222-1886

Fax: 86-22-84379351


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