Focus on industry and economics
The Trump administration’s decree to withhold funds for the construction of tram charging facilities was stopped by the court
On June 24, U.S. District Judge Tana Lin of Seattle, Washington, issued a ruling temporarily halting the Trump administration’s withholding of funds that had been allocated to 14 states, including California, New York, Illinois and WashingtonElectric vehicleCharging infrastructure funding, determining that these states claim in the lawsuit that the federal government illegally withheld billions of dollars in charging station construction funds may be established.
Focus on the new trends of traditional car companies
Avtovaz expects Russia this yearCar saleswill drop by 25%
Maxim Sokolov, CEO of Russia’s largest automaker Avtovaz, said passenger car sales in Russia will fall by 25% to 1.1 million units this year.
Stellantis’ new CEO begins reviewing long-term strategic plans
Stellantis’ new CEO, Antonio Filosa, said he had begun to evaluate Stellantis’ long-term strategic plan and said it would be shared with the outside world at the appropriate time. Filosa has four priorities, one is to review the business plan, and the other is to grow the business, launch the right product that the customer wants; The third is to improve industrial execution, and the fourth is to implement all of the above with enthusiasm and happiness.
Stellantis launches a battery swap service for the Fiat 500 fleet in Madrid
Recently, Stellantis is partnering with American technology company Ample through its car-sharing service platform Free2move to introduce battery swapping technology in Madrid, Spain, aiming to win consumers by providing a faster alternative to charging. The two parties have opened five battery swap stations in Madrid to serve 40 Fiat 500e models on Stellantis’ Free2move car-sharing platform.
Ford requires employees to work in the office four days a week
Starting Sept. 1, Ford will implement new rules requiring most employees to come to the office four days a week. This move aims to enhance team collaboration and work efficiency. The company said it will continue to evaluate the implementation.
Automotive industry groups have criticized the U.S. auto safety regulator, calling for reform
A major industry group representing General Motors, Toyota, Volkswagen, Hyundai and other automakers has harshly criticized the National Highway Traffic Safety Administration (NHTSA), saying the auto safety regulator has hindered progress, stifled innovation, lacked a clear strategic roadmap on emerging technologies, called for major reforms to the agency, and listed dozens of regulatory standards that should be repealed, revised or updated.
Focus on electrification
Foreign media revealed that BYD has slowed down the pace of production and expansion
Chinese electric vehicle champion BYD has slowed down production and expansion in recent months, reduced shifts at some factories in China and postponed plans to add new production lines, according to Reuters, two people familiar with the matter said. It is reported that BYD has canceled the night shift and will transfer some of the factoriesCapacityAt least a third of the cuts were made, and the measures targeted at least four factories.
Tesla’s European sales fell for the fifth consecutive month
In May, Tesla’s new car sales in Europe fell 27.9% year-on-year, falling for the fifth consecutive month, and its market share also fell to 1.2% from 1.8% a year ago.
Foxconn is close to reaching an agreement for Mitsubishi Fuso to supply electric buses
A source close to Foxconn said Foxconn is about to reach an agreement to supply pure electric buses to Japanese commercial vehicle manufacturer Mitsubishi Fuso truck buses. Mitsubishi Fuso wants to sell the Model T bus and Model U minibus under its own brand, both of which are developed by Foxconn.
Lucid’s interim CEO called on the United States to extend the electric vehicle tax credit until 2026
Lucid Motors interim CEO Marc Winterhoff said in an interview that local electric vehicle manufacturers who have just entered the market should enjoy as many electric vehicle tax credits as possible. Considering that other traditional car brands have benefited from this preferential policy for years, extending the reward of up to $7,500 per vehicle until 2026 would be fair for emerging EV companies like Lucid.
Focus and intelligence
Intel cut its automotive business and laid off most of its employees
Chipmaker Intel is shutting down its automotive architecture business and laying off most of its employees, and it is reported that the company has communicated internally about plans to reduce its automotive business. In response to this report, an Intel spokesperson said: The company is refocusing its strategic focus and strengthening its core client and data center product portfolio and business to meet customer needs.
It was revealed that Tesla Robotaxi made frequent mistakes in the Texas test
Videos posted on overseas websites show Tesla’s first public test of autonomous taxis (Robotaxi) in Austin, Texas, USA, with multiple traffic problems and driving errors in its vehicles. Problems include driving into the wrong lane, getting passengers off in the middle of a multi-lane road or intersection, braking suddenly, speeding, and driving onto curbs.
