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Weekly News on Hotspots (June 8, 2020)
2020-06-08 09:46:38

Development Environment

Beijing revises the car control policy to start lottery by family 
The draft of revision of policy for the passenger car control in Beijing has been issued for comments. According to the new draft, the city will allocate the quotas by family lotteries. The car-free families can attend the lotteries, and its successful rate is higher than that of individual applicant.
Xiamen implements the national stage-VI emission standard for light vehicles
The national stage-VI emission standard will be implemented in Xiamen by two phases (a and b phase). And the implementation time for different models is also different. The 6a standard for heavy-duty gas vehicles had been implemented on July 1, 2019. While the emission of light vehicles and urban vehicles including city buses, postal vehicles, and sanitation vehicles, etc. should meet the requirements of the 6a standard on July 1, 2020. And the emission of heavy diesel vehicles should meet the requirements of 6a standard from July 1, 2021.
The sales of new auto manufacturers in April increased 111% 
According to the statistics, the registration of passenger vehicles in April in home was 1.34 million units, down 8.5% comparing with that of the same month of previous year and up 3% from last month. The impact of the epidemic on the automobile industry is fading. From January to April, the total registration of passenger vehicles in home was 4.42million units, down 32% year-on-year.
Most of the imported vehicles sold in home in the first months of 2020 was passenger cars and SUVs 
From January to April, total automobiles imported to China reached 238,000 units, down 29.8% comparing with that of the same period of previous year. In April, the impact of the global epidemic further intensified. The imports of automobiles in April only reached 39,000 units, down 62.5% comparing with that of the same month of previous year.
The inventory warning index of Chinese auto dealers declined slightly year-on-year in May
In  May, the inventory warning index of Chinese auto dealers was 54.2%, a decrease of 4.6 percentage points from the previous month and up 0.4 percentage point comparing with that of the same month of last year. The inventory warning index was still above entrepreneurs confidence threshold. From the perspective of brand indexes: The survey shows that in May 2020, the inventory warning index of import & luxury brand models increased comparing with that of last month, while the indexes of products of mainstream JVs and indigenous enterprises both declined from last month. The sales of indigenous enterprises had not fulfilled the targets and they had heavy inventory pressures due to the policies for reducing the preferential to ensure the profits.
NEV Industry
Beijing adds 20,000 quotas for the purchase of new energy cars 
In the second half of this year, Beijing will allocate an additional 20,000 quotas for the purchase of new energy passenger cars. All of them will be allocated to the car-free families. In the future, 80% of the new energy passenger car quotas will be given to car-free families.
Baoneng Motor was established in Shenzhen
On May 30, Shenzhen Baoneng Motor Co., Ltd. was established in Shenzhen. It will be committed to building the global headquarters with deep integration of the entire industrial chain to promote the development of the new energy vehicle industry. Baoneng Motor will build its global headquarters, Shenzhen high-end production base, and general research institute based on original CAPSA plant, R&D center, and logistics center. By upgrading of software and hardware, reconstruction , and expansion, the new headquarters will increase annual production capacity to 850,000 complete vehicles and 500,000 engines.
Yuchai received the production qualification for pure electric commercial vehicles
Yuchai Power had got the production qualification for the pure electric commercial vehicles from the Ministry of Industry and Information Technology. The total investment to Yuchai’s new energy commercial vehicle project is Rmb 1.34 billion yuan. The first phase construction of the project will be completed soon. And the plant will start production in July 2020, with the annul production capacity of 20,000 pure electric commercial vehicles.
The delivery of domestic-made Tesla Model Y will start in 2021
The second phase construction of Tesla’ super plant in Shanghai Lingang Industrial Area will be completed soon. The trial production will start in the second half of 2020. And the production of domestic-made Tesla Model Y will start in the first quarter of 2021. 
ST Guangdong Dynavolt and Shaanxi J&R will start cooperation
Guangdong Dynavolt Renewable Energy Technology Co., Ltd.and Shaanxi J&R Optimum Energy Co.,Ltd. had signed agreement for strategic cooperation. The two parties will start in-depth cooperation in production of power batteries and energy storage systems. 
ICV Industry
The the scale of global self-driving vehicles market will reach USD 7 billion in 2021
The report shows that by 2021, the global self-driving vehicle market is expected to reach USD 7.03 billion; by 2035, the global sales of self-driving vehicles are expected to reach 21 million units.
The building of intelligent connected town in Shunyi will be completed soon 
Shunyi had started o build the national-level intelligent transport demonstration base in April 2019. The home first 5G Vehicle Infrastructure Cooperative Systems had been built in the town, improving the traffic efficiency of 20%. At present, the base has six major functional areas including highways, rural roads, and special roads etc.. It simulates no less than 32 scenarios such as gas stations and tunnels. It will continue to expand to high-precision maps, high-precision positioning, and Big data cloud platforms etc..
The self-driving subsidiary of Didi had raised funds of USD 500 million 
On May 22, Didi announced that it had raised more than USD 500 million for its self-driving subsidiary in the new round of financing led by Vision Fund 2. Didi pointed out that the funds will help its launching of autonomous driving services both in home and abroad. 
Shi CoreGallop Electronics releases three new vehicular chip products 
Shi CoreGallop Electronics has formally launched its first generation products of X9, V9, and G9, corresponding to the three major applications of intelligent cockpit, autonomous driving and intelligent gateway. They will be used on the mass production models launched in early 2021. The three products released this time are large SOC chips at the domain control level. They can replace multiple traditional ECUs with a single chip and can support multiple vehicle operating systems such as QNX, Linux, Android, and AutoSAR. They can fully meet the requirements of customers for the flexible adaptation of products.
DeepBlue’s Panda smart bus gets the test license plate from Shenzhen for intelligent connected vehicle
DeepBlue has got the Shenzhen’s license for test of intelligent connected vehicles. During May 6, 2020 to September 30, 2020, the DeepBlue Panda smart bus will be tested(10 items with 32 test scenarios) on designated roads.
Baidu Apollo establishes the world's largest autonomous driving and vehicle-infrastructure collaborative system test base in Beijing
Baidu announced that its Apollo Park had been built in Beijing Economic Technological Development Area. It is understood that Apollo Park is currently the world's largest test base for autonomous driving and vehicle-infrastructure cooperative applications.


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