BYD announced that it has achieved intelligent parking comparable to L4 and promised to cover safety; Gaohe’s “resurrection” was blocked

Car company dynamics | OEM Trend

• Gasgoo:On July 9, BYD announced that it would take the lead in achieving intelligent parking comparable to L4, and promised to fully cover the safety and loss of all Eye of God vehicles in intelligent parking scenarios in the Chinese market.It is reported that the intelligent parking safety coverage for vehicles equipped with the “Eye of the Gods” intelligent driving assistance system refers to accidents caused by abnormalities in the parking assistance system or algorithm errors for vehicles equipped with the “Eye of the Gods” intelligent driving assistance system.BYD shall bear the relevant maintenance or loss costs for maintenance costs, third-party property damage, and personal injury losses that should be borne by the vehicle in accordance with legal provisions or judicial judgments.However, it does not include the additional amount paid for the purpose of settlement and understanding, nor does it include the compensation that the vehicle owner, manager or user should bear in accordance with the law due to violations of laws and regulations, and clarifies the ownership of intelligent driving.

• Gasgoo:On July 9, NIO announced that the 1,000th expressway battery swap station was officially launched in the Fushan service area of the G5011 Wuhe Expressway.Officials said that NIO Energy has completed the construction of highway battery swap networks between major cities across the country, connecting 550 cities across the country, and the anxiety of highway replenishment of NIO and Ledao users has come to an end.

• Gasgoo: Chery Automobile is hererecentlysaid that two new SUV models of the Chery brand will be launched in the UK in the coming weeks,Join a growing number of Chinese automakers vying for share in one of Europe’s most competitive automotive markets. Chery did not disclose specific details about the two models, but said they would be “optimized for the local UK market” and would be available at dealerships across the UK.

• Science and Technology Innovation Board Daily:It is reported thatHuaweiThe automotive business is being adjusted, and the Zhijie, Xiangjie and Shang Jie in the five realms of HarmonyOS Zhixing have changed from the original HarmonyOS Zhixing to the unified sales of HarmonyOS Zhixing to the preparation and construction of a brand-exclusive sales network by cooperative car companies.In this regard, people familiar with the matter said that HarmonyOS Zhixing is preparing to build a brand-exclusive sales network, which is intended to further expand sales channels and meet the needs of different consumers.The overall business model has not changed, and Huawei will still dominate the sales, marketing, and service of brand products from all walks of life.

• Jiupai Finance:Gaohe Automobile’s plan to bring in strategic investor EV Electra has stalled.EV Electra has not disbursed any funds at this time, which included the cooperation deposit (deposit) negotiated by the two parties, and the negotiations between the two sides stalled due to this. Jihad Mohammad said that EV Electra will have to pay a total of $600 million in Gaohe Automobile’s restructuring plan. thereintoThey pay after 51% and more of creditors sign a letter of support for the investment agreement1$100 million deposit, another $100 million will be paid after the restructuring is completed, and the remaining $400 million will be paid in two installments in the second and third years after the restructuring is completed.

• IT House:Buick released high-endNew energyThe first sedan warm-up video of the sub-brand “Zhijing”, positioned as “intelligent luxury”, based on Buick’s “Xiaoyao” super integrated architecture.

• 36Kr: Citing a number of people familiar with the matter,Mercedes-Benz has reached cooperation with Yijiatong and Xingji Meizu,Flyme Auto is about to enter the Mercedes-Benz Chinese model sequence.The first Mercedes-Benz model to be equipped with Flyme Auto was the long-wheelbase version of the E-Class。 A source revealed that the collaboration model is expected to be launched in 2027. The report mentions,The long-wheelbase version of the E-Class will indeed be launched in 2027。

Parts and components enterprises | Supply Chain News

• Gasgoo: On July 9, according to the official news of Autolink, it was built on the third-generation Snapdragon cockpit platform SA8155P that monthThe cumulative shipment of AL-C1 intelligent cockpit domain controller has exceeded 2 million units.

• Finance:On July 9, Zhiyuan Robot denied that it planned to acquire 63.62% of the shares of Shangwei New Materials as a backdoor listing, saying that the action was only an acquisition of a controlling stake and did not constitute a backdoor listing as defined in the “Measures for Major Asset Restructuring”.This response is based on the announcement issued by Shangwei New Materials on July 8 that Zhiyuan Robot will acquire at least 63.62% of its shares. The securities department of Shangwei New Materials explained that the company’s new materials business is partially applied to the field of robotics, and the specific collaboration plan will be announced after integration.

• Interface News:Beijing Enli Power Technology Co., Ltd. and Ningbo Junpu Intelligent Manufacturing Co., Ltd. recently officially signed a memorandum of understanding on strategic cooperation.According to the content of the agreement, the specific scope of cooperation between the two parties includes: solid-state battery and related battery pack (Pack) production lines: combining Junpu Intelligence’s intelligent manufacturing equipment and Enli Power’s solid-state battery technology to accelerate the research and development and implementation of solid-state battery production lines; American battery pack OEM: Utilize Junpu Intelligence’s global layout and international manufacturing service capabilities to expand the North American market. Global market development: Jointly promote the global layout of solid-state battery products and solutions.

Sankei Focus | Industrial  Economy

• Financial Associated Press: On July 9, the deputy director of the National Development and Reform Commission said at the first press conference on “high-quality completion of the 14th Five-Year Plan” held by the State Council Information Office, 2024, nationwideNew energy vehiclesThe number of vehicles reached 31.4 million,This is more than 5 times higher than the 4.92 million units at the end of the 13th Five-Year Plan.

• Jiemian News: On July 9, the secretary-general of the National Development and Reform Commission said at a series of press conferences on the theme of “high-quality completion of the 14th Five-Year Plan” of the State Council Information Office.By the end of 2024, the total number of charging infrastructure equipment in the country has reached 12.818 million units.Effectively support the large-scale popularization of new energy vehicles.

• Interface News:On July 9, Goldman Sachs reported that copper shipments to the United States are expected to accelerate in the coming weeks given the rising risk of a 50% tariff on copper imports by the United States.The report writes that traders have increased their incentive to export to the United States before the tariffs are implemented. Goldman Sachs said it maintained its expectation of LME copper prices at $9,700 per ton on December 25, although the risk of copper prices rising above $10,000 in the third quarter is now reduced.

• Gasgoo:On July 9, Xinghaitu announced that it had completed the A4 and A5 rounds of strategic financing, with a total financing amount of more than 100 million US dollars.Among them, the A4 round of financing was jointly led by Today Capital and Meituan Dragon Ball, followed by CICC Porsche Fund, Xianghe Capital, and old shareholders MiHoYo and Wuxi Venture Capital Group; The A5 round was jointly led by Meituan Dragon Ball and Meituan War Investment, Beijing Robot Fund was over-funded, Yizhuang SDIC followed by investment, and old shareholders such as IDG Capital, BV Baidu Venture Capital, Kaihui Fund, Today Capital, and Xianghe Capital continued to follow-up.

Policy News | Policy Situation

• Gasgoo: According to the “Industry and Information Technology WeChat”, on July 9,The Ministry of Industry and Information Technology opened the “National Complaint Platform for Breach of Contract and Arrears of Small and Medium-sized Enterprises”“Key car companies practice the online problem (suggestion) reflection window of account period commitments”,Accept the feedback of small and medium-sized enterprises on the implementation of key car companies’ commitment to the payment cycle and the ineffective implementation of the “Regulations on Ensuring the Payment of Small and Medium-sized Enterprises”, and coordinate relevant parties to promote solutions.