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Weekly News on Hottopics(June 4,2021)
2021-06-04 09:49:35

NEV Industry

Nio and JAC extend their cooperation to 2024
From May 2021 to May 2024, JAC will continue to produce ES8, ES6, EC6, ET7 and other Nio models. Nio will continue to use the "foundry" model for production to optimize capital expenditures.
Nio will launch an entry-level new car 
Recently, it was discovered that JAC NIO issued a tender announcement for the transformation of the new car production line. It indicated that a production line of "Gemini" models with an annual production capacity of 60,000 units will be built. The positioning of the car is the low-end model comparing with current models of NIO, and it may be aimed at the market of models with price less than Rmb 300,000 yuan or even lower, complementing existing products.
Smart will produced electric SUVs in China
According to reports, Daimler and Geely said they will launch a new Smart brand electric SUV, using Geely's Sustainable Experience Architecture (SEA) modular electric vehicle platform. The new car will be mass-produced in 2022.
Ford+ development program: The investment in electrification will be increased to USD 30 billion in 2025
On May 26, Ford Motor held the "Capital Market Day" event. It elaborated on the core contents of the Ford+ development program. Ford will increase its investment in the field of electrification. By 2025, the investment in electrification will increase to USD 30 billion. It is estimated that by 2030, pure electric vehicles will account for 40% of Ford's global sales.
Hyundai Motor Group will cut its internal combustion engine models by 50% and invest more in electric vehicles
Hyundai Motor Group will cut 50% of its internal combustion engine models in order to save more resources and invest in electric vehicles. It programs to gradually expand the supply of battery electric vehicles in key markets such as the United States, Europe and China. The goal is to achieve full electrification by 2040.
ICV Industry
BAIC further clarifies its plan for the application of self-driving in the "14th Five-Year" Plan
On May 25, BAIC Motor gave a detailed introduction to the plan for the application of  autonomous driving during the 14th Five-Year Plan period. In 2030, BAIC Motor will initially realize L3 autonomous driving and promote the marketization of Robotaxi products.
Chery and iFLYTEK had deepened strategic cooperation in an all-round way to improve the level of intelligence of the complete vehicle
On May 24, Chery Automobile and iFLYTEK signed a comprehensive deepening strategic cooperation framework agreement, realizing the upgrade from "Comprehensive" to "Comprehensively deepening" cooperation. The scope of cooperation covers multiple areas of intelligent products and enterprise digital transformation.
Lixiang releases the 2021 model with upgraded hardware
On May 25, 2021, Lixiang officially released the 2021 Ideal ONE, achieving a comprehensive upgrade in configuration.
Tesla will strengthen the building of data center in China
On May 25, Tesla announced two measures to strengthen the management of car data security. The first is to increase the construction of local data centers and realize the localization of data storage; the other is to open the vehicle information query platform to car owners. Vehicle owners can obtain interactive data. This is also Tesla's response to the domestic automobile data security management regulations.
Nova releases new high-level autonomous driving computing platform 
On May 25, Nova auto released the NOVA30P. It is a new generation high-level autopilot on-board computing platform. It will be launched in batches in July this year.
Beijing BDStar Navigation releases high-precision data service platform
On May 26, Beijing BDStar Navigation Co., Ltd released the "TruePoint Beidou Global High-precision Data Service Platform". The platform is based on the foundation and advantages of Beidou Starcom in the fields of independent high-precision positioning chip algorithms, global satellite positioning auxiliary services, and high-precision services etc., to build a global, full-scenario, highly reliable and high-precision data service platform.


Ms.Zang Jinhuan

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