??important news
??Berkshire Hathaway again reduced its shareholding ratio to below 5%
On July 22, the Hong Kong Stock Exchange documents show that Buffett’s Berkshire Hathaway reduced its holdings of BYD shares on July 16, reducing its holdings of 1.396 million shares, with an average price of HK $246.96 and a holding ratio of 5.06% to 4.94%. Since the first disclosure of the reduction in August 2022, this is the 16th time that the Hong Kong Stock Exchange has disclosed Berkshire Hathaway’s reduction in BYD shares.
Previously, some industry analysts believed that the reduction of shareholders holding less than 5% did not require disclosure,Once the shareholding ratio drops to 5%, the pace of reduction will accelerate,Until clearance…
It is understood that Buffett bought 225 million shares of BYD at HK $8 per share in September 2008. Without taking into account factors such as dividends, based on the average price of HK $228.57/share of the above 16 sales, Buffett has accumulated about HK $39 billion after this round of sales.
In May this year, Buffett attended the Berkshire Hathaway shareholders’ meetingSay: "BYD’s investment is similar to the investment in Japan five years ago. We rarely make such a large investment outside the United States. But in the future, we will focus on the United States as our main investment direction."
??On July 27, the entire vehicle operating system "SkyOS ? Tianshu" was released.
IT HomeNews on July 22nd,NIOAnnounced that the NIO IN 2024 NIO Innovation and Technology Day will be held in Shanghai on July 27th. At that time, NIO will share the practice and thinking on intelligent electric vehicles driven by AI, and officially release to the general public NIO vehicle global operating system "SkyOS · Tianshu". During the NIO IN 2023 NIO Innovation and Technology Day event held last year,SkyOS, the NIO vehicle global operating system, was announced for the first time, with the Chinese name "Tianshu". SkyOS · Tianshu operating system is the underlying operating system of the vehicle independently developed by NIO, and it is also the first operating system in China specially tailored for smart electric vehicles. The system not only covers the entire vehicle system, but also involves a wide range of aspects such as assisted driving, intelligent cockpit, connected services, supplementation and mobile Internet, bringing users a safer, smarter and smoother driving experience.
??Xiaopeng opens Tianji XOS 5.2 global early adopter recruitment, and opens XNGP unlimited version smart drive for the first time
On July 22nd, following the recruitment activities at the end of last month,Today, we announced the launch of AI Tianji XOS 5.2 early adopter recruitment for global users, covering Xiaopeng G9, P7i, G6 and X9 owners, 1,000 people in each model, a total of 4,000 people. In addition, Xiaopeng will also hold the XPeng Motors technology conference belonging to the fully intelligent explorer on July 30.The registration is now open and will end at 23:59 on July 23. The registration results will be notified to the selected owners through the App in-app letter 2 working days after the registration ends. The push is expected to start 2 working days after the registration ends.According to reports, this is the first time for domestic and overseas users to experience XOS 5.2 synchronously, and the features of this version cover hundreds of updates. Among them, the XNGP unlimited version is only available to Max configuration users in the mainland market. Pro configuration owners can experience other core functions such as tracking reversing, parking from the car 2.0, meter support for large maps, and private customization of driving control experience.
??BYD brings in Zhou Peng, the former head of Baidu’s smart driving technology,"Test the water" end-to-end
On July 22, 36Kr reported that Zhou Peng, the former head of Baidu Cabin Driving Fusion Smart Driving Technology, has joined BYD and is responsible for the development of end-to-end large-scale model regulation and control algorithms. Zhou Peng is not affiliated with the BYD Planning Institute’s Intelligent Driving R & D Center, but works in a department independent of the Planning Institute, which focuses on the application direction of intelligent driving algorithms. The report disclosed the organizational structure: the department has an equal relationship with the Intelligent Driving R & D Center. The head of the Intelligent Driving R & D Center is Han Bing, and the head of the algorithm application department is Xu Lingyun, the former director of Gahe Automobile’s Intelligent Driving. Zhou Peng will report to Xu Lingyun. As ofcurrentlyBYD has not yet responded to the news.
??Q Jie new M7 Ultra listed 50 days delivery broke 30,000, refresh the delivery speed of a new record
Q & J Automobile announced on July 22 that the new M7 Ultra has been delivered for more than 30,000 units in 50 days, setting a new record for the delivery speed of new power models. Q & J’s new M7 Ultra was listed on May 31, with a price range of 28.98-32 9,800 yuan. It is reported that it took 64 days for the delivery of 30,000 units of its rival Ideal L6.
??Inspur Information denies it will distribute NVIDIA B20 chips in China
Southern Finance, July 22nd, a person familiar with the matter told the media that Nvidia is developing a new flagship AI chip for the Chinese market, which will comply with the current export control regulations of the United States, and Nvidia will cooperate with one of its distributors in China, Inspur Group, to distribute this chip tentatively named B20. In this regard, Inspur Information Securities said: The company has not carried out business and cooperation with B20 at present, which is not true.
??Extreme Krypton plans to produce cars in Europe or share a European factory
Observer NetworkNews on July 22nd,According to Bloomberg, Extreme Krypton is actively considering manufacturing the model in Europe.
A number of foreign media, including INSIDE EVs, believe that the reason for the recent production of JK and other Chinese brands in Europe is the direct result of the new tariffs imposed by the European Union on imported electric vehicles from China. But unlike brands such as BYD, SAIC and SAIC, which need time to build factories, JK has a simple and straightforward choice. If JK does advance European manufacturing and localisation plans, INSIDE EVs believes, then the brand will cooperate with its existing factories (through Volvo).
Extreme Krypton confirmed some of the speculation in a response to the Observer Network, "based on this layout, Geely will choose to use the existing resources within the group’s ecosystem in manufacturing, rather than opening a new factory." But the specific factory will be used in Europe for production and more details, Extreme Krypton said that no more specific decision has been made.
??domestic
??SAIC submitted a defense against the preliminary ruling to the European Commission
On July 22, SAIC Motor Group announced that on July 19, at the request of SAIC Motor Group, the European Commission held a counter-meeting at the European Union headquarters in BrusselssubsidySAIC submitted a preliminary anti-subsidy ruling to the European Commission to safeguard its legitimate rights and interests. The European Commission is expected to make a final ruling on November 2. SAIC Group reserves the right to take further legal measures against the European Commission’s unfair, unreasonable and illegal preliminary ruling.On June 12, 2024, the European Commission released the preliminary ruling information pre-disclosure, calculating a subsidy rate of 38.1% for SAIC. SAIC submitted a defense against the calculation errors in the preliminary ruling pre-disclosure. On July 4, the European Commission officially announced the preliminary ruling results, announcing that the tax rate was 37.6%, and plans to impose temporary countervailing duties accordingly.
??Wenyuan Zhixing sprinted to the US stock IPO in August
21 Economic Network July 22 news, Wenyuan Zhixing considered before the end of August in the US capital markets officially landed. In March last year, Wenyuan Zhixing was first reported to start a listing plan in the United States, and at that time it was reported that its financing scale was about 500 million US dollars. According to the rules, the time limit for overseas listing filing by the China Securities Supervision Commission is 12 months after the filing notice is issued, that is, Wenyuan Zhixing needs to complete the listing before August 25 this year. Wenyuan Zhixing was founded in 2017 and completed the last round of D + financing in 2022. At that time, the post-money valuation exceeded 5 billion US dollars. It is worth noting that with the fire of the Robotaxi concept, Wenyuan Zhixing has also attracted much attention as a leading enterprise in the Robotaxi industry.
??Extreme fox push limited-time preferential policies: the highest discount 50,000, and then grab 8888 consumption coupons
Easy car news on July 22nd,A few days ago, Beijing for car-free family directional additional 20,000 new energy passenger car indicators, ARCFOX extreme fox official welfare, all models launched to enjoy up to 50,000 yuan discount, but also synchronized to grab 8888 yuan car coupons. Full model specific discount, extreme fox car koala to a high time discount of 27,000 yuan, equivalent to 109,800; extreme fox α coefficient T5 to a high time discount of 25,000 yuan, as long as 130,800; 5 to a high time discount of 25,000 yuan, only 151,800; extreme fox α coefficient S/T forest version PRO to a high time discount of 50,000 yuan, 155,800 to enjoy.
??Lantu bosom friend Huawei smart driving version price or about 250,000 yuan
On July 22, the "Daily Economic News" reporter learned from sources that the price of Lantu’s confidant Huawei smart driving version is expected to be around 250,000 yuan. According to previous information, Lantu’s confidant has a maximum battery life of 901km, is equipped with an 800V high-voltage platform, 5C fast charging can achieve 15 minutes to replenish 515 kilometers, standard CDC adjustable damping suspension, and is developed and designed in accordance with the "China-Europe Double Five-Star" standard. In April this year, Lantu announced cooperation with Huawei in the field of intelligent cockpit and intelligent driving. At the end of June this year, Lantu has obtained the intelligent network test license jointly granted by the relevant departments of Wuhan, and has the L4 road test capability.
Previously, Lu Fang, CEO of Lantu Automotive, said that Lantu’s confidant has the ability to surpass all aspects of technology, and "we are confident that we will make it the most competitive product in this price range".
??Zero run C16 listed in the first month of the cumulative breakthrough of 10,000 vehicles
Fast TechNews on July 22nd,The car announced this afternoon that its medium and large In the first month of the listing of Zero Run C16, a total of 10,000 vehicles will be exceeded. The new car has been delivered nationwide. If you buy a car in the next 10 days, you can also enjoy a deposit of 1,000 yuan to 5,000 yuan for the purchase of the car, a listing gift of up to 20,000 yuan, and a limited-time purchase right such as the whole vehicle and the lifelong quality assurance of Sandian. Zero Run C16 six-seat SUV went on sale on the evening of June 28, providing an extended range/pure electric dual-power version. Each version provides three configurations: Smart Enjoy Edition, Exclusive Edition, and Smart Driving Edition, priced from 155,800 yuan.
??Cui Dongshu: In 2024, the loading of power batteries will be low, and the output will be higher than the loading growth rate
On July 22, Cui Dongshu, Secretary-General of the Passenger Association, issued a document saying that the current production of power batteries in the proportion of loading is decreasing, from 2021 to 2023, the power battery loading production battery installed rate is 70%, 54% and 50%, 2024 1-June has dropped to 47%. Cui Dongshu analyzed that with the development of energy storage and other industries, especially the world energy crisis brought about by the Russian-Ukrainian crisis, the demand for batteries in energy storage and other industries has grown rapidly, resulting in a significant decline in the proportion of batteries loaded. The overproduction and inventory of power batteries and energy storage batteries are relatively under pressure. The growth rate of power batteries in 2021 and 2022 is lower than that of the whole vehicle, and the loading rate of power batteries in 2024 is low, and the battery output is higher than the loading growth rate.
??Doubao: No cooperation with WPS at the AI training level
On the afternoon of July 22, Doubao released a statement saying that it had recently noticed that individual users and media speculated that Doubao could ask for AI content that he had not yet released and use WPS’s cloud content to train AI, which was completely untrue. The statement said that some of the bibliographic information on Doubao came from public information, and Doubao would also give relevant website information. Doubao and WPS did not carry out any form of cooperation in AI training, nor did they use any private data that users did not disclose for training.
??international
??Responding to Trump: Surviving without subsidies
First electricNews on July 22nd,forTrumpThe previous attitude towards electric vehicles – "I will be there.(Take office)End electric vehicle injunctions on day one, saving the U.S. auto industry from total destruction and saving American consumers thousands of dollars per vehicle"MuskOn XResponse said: "Destruction will eventually come."Then he againSay: "Tesla doesn’t needsubsidySurvive. Surprisingly, many people think Tesla survives on subsidies. Our competitors are like this, but Tesla is not."
??The US charging operator claims that the tipping point has passed, and Trump cannot stop the transition to electric vehicles
Rick Wilmer, the chief executive of ChargePoint Holdings, the largest electric vehicle charging network operator in the United States, said sales of electric vehicles will continue to grow even if Trump returns to the White House. "I think the overall power of the market is much stronger no matter how the government accelerates or does not accelerate the adoption of electric vehicles," Wilmer said. "There is too much investment, and you hear a lot of CEOs of automakers saying that we are past the tipping point." Wilmer said that even if Trump tries to end Biden’s policy of building a nationwide charging network, other aspects of ChargePoint’s business will not be affected. This includes installing chargers for commercial building owners who provide charging services to customers or tenants.
??Musk: Tesla will produce a small number of humanoid robots for internal use next year
Tesla CEO Elon Musk said on Monday that the company will produce a small number of humanoid robots for internal use next year. A few months ago, he announced that the humanoid robot will be launched by the end of 2024. Musk said the company will achieve mass production of the robot in 2026, "hoping" to be used by other companies. In April, Musk said the Tesla robot, called Optimus Prime, will be able to perform tasks in factories by the end of this year and could go on sale as early as the end of 2025. Musk has repeatedly failed to deliver on bold promises to Wall Street, such as in 2019 when he told investors that Tesla would operate the "Robotaxi" autonomous car network by 2020, but the launch of the Robotaxi has been delayed until October 2024.
??Lower full-year revenue forecast
Porsche cut its full-year revenue forecast on Tuesday, saying a shortage of aluminum parts could lead to the suspension of some models.
In a statement, the company said it expects revenue this year to be between 39 billion and 40 billion euros (about $42.50 billion to $43.60 billion), down from the 40 billion to 42 billion euros previously forecast. Porsche AG Stuttgart announced today that it has updated its forecast for fiscal year 2024. As a result, Porsche AG now expects full-year sales revenue in 2024 of 39 billion to 40 billion euros (previously 40 billion to 42 billion euros) and an operating return on sales of 14 to 15 percent (previously 15 to 17 percent). In its statement, Porsche said the reason for the supply shortfall was the flooding of a production facility of an important European supplier. The company said the problem affected aluminium components used in all Porsche models. Porsche will report half-year results on July 24.
??US regulator opens investigation into 150,000 Stellantis vehicles over power issues
The National Highway Traffic Safety Administration (NHTSA) said Monday that it has conducted an initial assessment of about 150,000 Stellantis vehicles after complaints that they lost power, causing shutdowns and intermittent restarts. NHTSA has received 80 such consumer complaints involving 2022 RAM 1500 pickups and 2022 Wagoneer SUVs.
??Sales of Korean electric vehicles in the United States rose 46.4% year-on-year in the first half of the year.
The Korea Automobile Mobility Association (KAMA) released a report on the 22nd showing that the sales of Korean electric vehicles in the United States in the first half of this year were 72,528, an increase of 46.4% year-on-year, which was much higher than the growth of electric vehicle sales in the United States. According to the brand, the sales of automobiles (including Genesis) increased by 32.5% to 32,592. An increase of 111% to 29,251.
??The CEO calls on the European Union to completely abandon the 2035 fuel vehicle ban, which would be a serious strategic mistake
Renault is not yet on track to achieve 100% electric vehicles by 2035, chief executive Luca De Meo said, adding that it will have to cut costs if Renault wants to meet its electric vehicle targets. The recent European Union elections come at a time when demand for electric vehicles is weak, and calls are growing to lift the European Union’s 2035 ban on the sale of diesel and petrol cars, which will be reviewed in 2026. De Meo, who also chairs the European car lobby group ACEA, said we need a little more flexibility on the timeline, but added that it would be a serious strategic mistake to abandon this goal altogether just because of the current market slowdown.
??Pre-orders open for the new Q4 e-tron
Smart electric travel news on July 22, Audi’s new Q4 35 e-tron models have been listed in overseas markets for sale, the market starting price is 45,600 euros (about 340,000 yuan), compared to the 40 series models at a lower price, is expected to be the fastest in the fourth quarter to start the new car delivery work. At the same time, Audi’s new Q4 35 e-tron models are also expected to be launched before the end of the year, the market price is expected to remain around 250,000 yuan, after the discount, the price of naked cars will remain around 16-170,000 yuan, compared to the Volkswagen ID.4 models are also more cost-effective. In terms of power, Audi’s new Q4 35 e-tron model will be driven by a rear-drive single motor and provide a 55kWh battery pack with a maximum output power of 125kW and a peak torque of 310N · m. At the same time, the new car will also support 145kW DC fast charging function and can complete 10% -80% of the power reserve in 25 minutes.
??Demand has fallen short of expectations, admitting that its electric vehicle targets in Europe are too aggressive
IT Home news on July 22, Ford Motor Company admitted that its previous European electric vehicle development goals were too aggressive. The company’s electrification department chief operating officer Marin Jaya said in an interview that consumer demand for electric vehicles has not met expectations, so Ford will re-evaluate its electric vehicle strategy in Europe. Ford announced plans to achieve full electrification of European models by 2030 in 2021. However, a series of recent news shows that the company is slowing down this process. In May this year, Martin Sander, general manager of Ford Europe, said that gasoline vehicles may continue to be produced after 2030.
Mr. Jaya cited a slowdown in EV adoption and rising costs as the main reasons for the adjustment. Currently, Ford sells only the Explorer EV and the new Capri in Europe. The new Capri will go on sale later this year. Production of the Focus and Fiesta will be discontinued by mid-2025, when Ford will sell only the Tourneo, Mustang, Puma and Kuga.
