National Development and Reform Commission: Actively expanding domestic demand
On April 17, at a press conference on the macroeconomic situation and policies, Yuan Da, deputy secretary-general of the National Development and Reform Commission, said that to do a good job in the second quarter, we should focus on three things, including actively expanding domestic demand, speeding up the issuance of investment in the central budget and the use of bonds issued by local governments for special projects, implementing a new mechanism for government and social capital cooperation, and expanding the consumption of automobiles, home appliances, mobile phones and other commodities and services such as cultural tourism.
Wang Qing, deputy director of the Institute of Market Economics of the Development Research Center of the State Council: The consumer market in our country is generally entering the "era of both increment and stock" from the "incremental era".
Changzhou, Jiangsu: Focus on buildingAutomotive and other industries
On April 17, the Standing Committee of the Changzhou Municipal People’s Congress held a press conference to introduce the relevant content of the "Changzhou Industrial Promotion Regulations". The "Regulations" clarify that Changzhou City focuses on buildingHydrogen energy,PowerNew typeNew power equipment, automobiles, and other industries require the acceleration of the future industrial layout of new energy.
The trend of the new energy track is flourishing, and many cities in China have taken the lead in layout.
Ride Union: April 1-14Market retail 260,000
On April 17, the passenger association data show that from April 1 to 14, the passenger car market retail 516,000 vehicles, down 11% year-on-year, down 3% from the same period last month, and the cumulative retail 5.348 million vehicles this year, up 10% year-on-year. Among them, the market retail 260,000 vehicles, up 32% year-on-year, up 2% from the same period last month, and the cumulative retail 2.032 million vehicles this year, up 34% year-on-year.
Passenger Association: WithListing and a new round of price adjustments, and April is a period of intense release of new models, which will gradually stimulate the market’s consumer enthusiasm.
Net profit in 2023 will increase by 45.25% year-on-year.
On April 17, the annual report was disclosed that the company achieved operating income of 151.298 billion yuan in 2023, an increase of 24.78% year-on-year; net profit 11.327 billion yuan, an increase of 45.25% year-on-year; net profit attributable to shareholders of listed companies excluding non-recurring profits and losses 3.782 billion yuan, an increase of 16.19% year-on-year; basic earnings per share 1.15 yuan.
Cailian Automotive: Sales volume increased, operating quality improved.
Volkswagen partners with Xiaopeng to develop high-performance electrical and electronic architecture for electric vehicles in China
April 17,It is reported that the two sides will jointly develop the industry-leading EEA electronic and electrical architecture for Volkswagen’s electric vehicle platform in China. The jointly developed EEA electronic and electrical architecture is expected to be applied to Volkswagen brand electric models produced in China from 2026.
In comparison, domestic companies have a certain lead in electronic and electrical architecture and software.
The Shanghai Super Factory will start construction next month
On April 17, the Chinese side said that the company’s Shanghai super factory plans to start construction in May this year and complete mass production in Quarter 1, 2025. According to official data, the Shanghai energy storage super factory will produce super large commercial energy storage Megapack, which is based on integrated system integration and modular design to help power grid operators,Companies and others can store and distribute renewable energy more efficiently, each unit can store more than 3.9 MWh (megawatt-hours) of energy, enough to meet the electricity demand of 3,600 households for one hour, and more than 200 Megapacks can form an energy storage plant, which can store 1 million kWh of electricity to meet the electricity demand of San Francisco for six hours.
Financial Union Automotive: This is the first energy storage gigafactory project outside the United States.
Lynk & Co 08 EM-P 120 Long Life Plus Edition Released
On April 17, Lynk & Co 08 EM-P new model 120 long battery life Plus version was listed, the official price is 195,800 yuan, and the limited-time preferential price is 179,800 yuan. In terms of power, the new car is based on the CMA Evo architecture, equipped with EM-P super range-extended electric solution, and adopts 1.5TD electric hybrid engine + 3DHT Evo electric drive transmission andThe composed power system; in terms of battery life, the 120-long battery life Plus version is matched with a 21.2 kWh group, and the pure electric cruising range is 120 kilometers under CLTC conditions.
The competition in the new energy SUV market is becoming more intense.
Equation Leopard product full matrix debut
On April 16, the Equation Leopard brand officially released a product matrix composed of four models, including the listed new energy off-road model Leopard 5, the world’s first hardcore flagship Leopard 8, as well as the Leopard 3 concept car SUPER 3 and the concept sports car SUPER 9. Among them, the concept sports car SUPER 9, as a professional sports car in the Speedster category, adopts the "space cockpit" type dual cab and open roof design.
Financial Union Auto: Professional Personalized Brand Equation Leopard conforms to the new trend of consumption, but also explores more possibilities beyond "electricity".
LEVC Opens L380 Design Aesthetics Analysis Session
Recently, LEVC held an analysis session on the design aesthetics of the L380, in-depth interpretation of the "space-time realm" design concept and on-wheel space aesthetics of the land Airbus L380. At this analysis session, LEVC introduced the space-oriented architecture – SOA architecture, which can achieve a space utilization rate of more than 75% for models, and the tail space can be expanded to 163L. It also supports L2-L4 intelligent driving technology solutions. The computing power of the supercomputing platform can reach 1000 + Tops, which can easily support the development of intelligent models.
As consumer demand continues to change and increase, we believe that the globalization process of LEVC will accelerate.
Nissan Automobile DisclosureThe planned site for the trial production line is planned to start production in March next year
On April 16, Nissan announced the scheduled setting of the full trial production line, ensuring about 10,000 square meters of space in the Yokohama factory building where the engine is produced, to promote the construction of the equipment. It is reported that Nissan plans to start full production in March 2025 and aims to achieve mass production in 2028.
Financial Union Automotive: Recently, the popularity of solid-state batteries has continued.
(Finance Union reporter Liu Yang collated/commented)