Guangzhou Automobile Group is striving to seize the "straw" of going overseas.
Seek a new way out.
It is expected that relevant national authorities will establish a low-altitude economic regulatory bureau.
①The establishment decision has been approved, and the new bureau is currently in preparation; ② The low-altitude economy set up a dedicated bureau, which can better coordinate resources at all levels to promote industrial development.
China's autonomous driving unicorn enters the US stock market! Pony.ai applies for IPO.
After the recent round of financing completed last year, Xiaoma Zhixing was valued at $8.5 billion. This week, the media reported that Guangzhou Automobile Group, which agreed to invest $27 million in Xiaoma Zhixing's subsidiary last week, is considering participating in its US stock IPO. The prospectus stated that Xiaoma Zhixing was the first to obtain the regulatory approval required for public Robotaxi services in four first-tier cities in China; the revenue doubled to $24.72 million in the first half of this year compared with the same period last year, with a net loss of $51.775 million, narrowing by 25.6%.
Orders are full! Fuyao Glass's net profit in the first three quarters is close to last year's full year. Capital expenditures have significantly accelerated | Interpretations of financial reports
① Fuyao Glass Chairman Cao Dewang stated that the company's orders this year are fully booked, and the net profit level in the first three quarters is close to that of the whole of last year; ② Multiple brokerage institutions predict that Fuyao Glass may achieve a net profit of around 7.2 billion yuan for the full year, a year-on-year growth of approximately 27.91%; ③ Analysts point out that Fuyao Glass' high profits come from economies of scale, high automation, vertical industry chain, and advantages in labor costs.
"Trade-in for New" subsidies boost the electric vehicle market, some car owners purchase orders from scalpers to enjoy discounts. | Frontline
1. Due to the application deadline for the national subsidy for trading in old for new, popular car models, consumers choose to purchase delivery orders nearing deadline. 2. In addition to the national subsidy, various regions also have overlapping application "consumer vouchers", some stores are considering issuing cross-regional invoices to help consumers enjoy discounts on car purchases.
Bethel Automotive Safety Systems' Yuan Yongbin: Mass production of electric tailgate is imminent, with strong market demand for lightweight solutions | Exclusive coverage of the 2024 Wuhu New Energy Auto Parts Expo
① In Yuan Yongbin's view, the lightweight product technology is relatively mature, with many market opportunities. The company will further expand the category of lightweight products, such as: subframes, cast aluminum calipers, wheel hubs, etc.; ② WCBS2.0 achieved small batch supply in the first customer project. In addition, the company's electric tailgate is about to go into mass production, and new products such as EMB and suspension are still in the research and development process.