Christophe Perillat, chief executive of French auto parts supplier Valeo, issued a stern warning to European leaders about the threat of competition from China and urged the EU to create a level playing field for its auto industry, according to foreign media reports.Christophe Perillat; Image credit: ValeoChristophe Perillat: ‘Since January 2020, Europe's competitiveness vis-à-vis China has declined by 25 per cent due to higher energy prices, which in turn have led to higher wages and increased inflation. The European automotive industry therefore needs equal conditions to be sustainable. But I am not pitting Europe against China, but rather ensuring that the competitiveness gap between Europe and China does not widen further.’Meanwhile, Christophe Perillat called for a European policy similar to the US Inflation Reduction Act, which would require foreign companies entering the European market to achieve a minimum level of indigenous value creation, in the US this threshold is currently 75 per cent.Christophe Perillat warned that if Europe does not act, foreign firms will have a serious impact on the European car industry. ‘If we do nothing, there will be more auto parts shipped directly from China to Europe, whereas about 80 per cent of the value of today's cars is created by auto parts suppliers, and this poses a major risk.’Christophe Perillat said that if Europe does not act, European production facilities may be relocated and more European companies will be forced to move their operations to countries with better conditions. If this is coupled with the pressures of the electrification transition and increased competition, the less competitive firms in the automotive sector may collapse, he added. ‘If companies are hit by two waves of shocks at the same time and are not prepared for them, the results could be catastrophic.’Christophe Perillat noted that his concerns are not just for Valeo, but for the entire European automotive industry. ‘I am sure that Valeo is well prepared for the upcoming challenges, but I am very worried about the future of the entire European automotive industry.’Christophe Perillat said that in order to maintain Europe's industrial and economic strength, Europe must take steps to safeguard jobs, maintain supply chains and ensure technological competence. ‘This is not only to keep European factories running, but also to ensure the long-term prosperity of the European region.’Christophe Perillat's comments highlight the growing challenges Europe faces in competing with global automakers, and the urgency of overcoming them.Declaration: This article comes from the Gasgoo news.If copyright issues are involved, please contact us to delete.

Recently, Andras Savos, president of the German-Hungarian Chamber of Commerce and Industry, reportedly said that the outcome of the U.S. presidential election poses new risks for Europe's largest economy, Germany, whose economic stagnation has already affected the prospects for recovery in the export-dependent Central European region.source：CCTV NewsHungary will be affected exponentially by its trade links with Germany if the next US president, Donald Trump, makes good on his promise to impose tariffs on imports from Europe, Andras Savos said.Japanese brokerage Nomura predicts that Germany could be more vulnerable to US import tariffs than other eurozone members, which would have a knock-on effect on Central Europe given its close trade links with the country. Central Europe and Germany's trade links in the automotive sector is particularly close, the Central European region sold to Germany's automotive and automotive parts and components products accounted for 20 per cent to 30 per cent of the total exports of China and Europe.Economists at the International Group of the Netherlands (ING) said that although Central Europe has relatively few direct links with the US, it is fully exposed to the impact of the US trade policy reform programme.ING said the main risks for Central Europe come from trade links with Germany and concerns about the automotive sector, which seem to be the worst possible combination from a future perspective. ‘We believe that market expectations for economic recovery in Central and Eastern Europe next year are overly optimistic and that these regions may see a downward trend in their economies next year.’Eurostat data show that in 2023, Germany's car exports to the United States will be worth €23.41bn, while Poland, Romania, the Czech Republic, Slovakia and Hungary will export €18.92bn to Germany.However, Eurostat and the United Nations Conference on Trade and Development could not provide details of the share of Central Europe's exports of cars and car parts to the United States via Germany.Declaration: This article comes from the Gasgoo news.If copyright issues are involved, please

On 8 November 2024, Audi officially unveiled its pioneering new brand: AUDI, which abandoned the classic ‘four rings’ logo in favour of Audi's initials ‘AUDI’.The new brand is making its global debut with the first AUDI E concept car, showcasing a design that exceeds customer expectations, blends classic Audi DNA with Chinese innovation, and fully embodies the essence of ‘beauty and harmony’. Gernot Döllner, Chairman of the Board of Management of Audi Sport AG and Director of Technology and Development, said: ‘With the launch of this new brand focusing on electric, intelligent and connected vehicles, Audi is embracing more of China's tech-savvy customers and opening up new paths for growth in China.’Audi was the first international luxury automaker to enter the Chinese market in 1988, and in November 2024, Audi once again ‘dared to be the first’ by launching the new brand AUDI, a milestone breakthrough that is the result of the cooperation between Audi and SAIC, with the Advanced Digitised Platform, a joint venture between the two companies, providing a new platform for the development of electric and intelligent connected vehicles. The Advanced Digitised Platform (ADP), jointly developed by the two companies, laid the foundation for the launch of the new AUDI brand, which carries on 100% of Audi's DNA and further demonstrates the brand's core of ‘Breakthrough Technology and Enlightenment for the Future’ in the era of electric, intelligent and internet-connected mobility.The newly-launched brand uses the English ‘AUDI’ as its logo, replacing the common four-ring logo. Officials emphasise that although the brand is on the same level as and not subordinate to the four-ring Audi, and shares the brand concept of ‘Technology Enlightens the Future’, AUDI shows a more youthful, enterprising and courageous image, and tends to be positioned as a fashion brand. AUDI has a more youthful, aggressive and courageous image, and tends to be positioned as a fashion brand.Looking back at Audi's long history, it is easy to see that the ‘AUDI’ badge actually predates the iconic four rings, which came into being in 1932 with the merger of Audi, DKW, Horch and Wanderer, symbolising the unity of the four brands. Since then, the four rings have become an iconic symbol of the Audi brand and have become deeply rooted in the minds of the public.While the four rings are well known for their longevity, the ‘AUDI’ logo also carries the history and heritage of the Audi brand. It has been used in a variety of design forms throughout every stage of the Audi brand identity.However, in the memories of many people, the four rings logo seems to have become synonymous with Audi, and this impression is indelible.Now, Audi has chosen to reintroduce the ‘AUDI’ logo in the Chinese market, a move that undoubtedly signals Audi's high expectations for its future development. Audi hopes to attract more attention and love from young consumers through this classic logo.Declaration: This article consolidate from the Xinhua Automotive, Industrial Design.If copyright issues are involved, please contact us to delete.

On 14 November, the event of reaching 10 million new energy vehicles in China by 2024 was held in Wuhan, Hubei Province.The event was organised by China Association of Automobile Manufacturers (CAAM) under the guidance of the Ministry of Industry and Information Technology (MIIT).With more than 10 car companies rolling off the assembly line, China's new energy vehicles ushered in the glorious moment of annual production of 10 million units.In 2023, China's production and sales of new energy vehicles will reach 9.587 million and 9.495 million, respectively, according to data from the China Association of Automobile Manufacturers (CAAM).Source: Xinhua News AgencyThis photo shows a ceremony marking the 10 million milestone that China's annual production of new energy vehicles (NEVs) has surpassed for the first time, in Wuhan, central China's Hubei Province, Nov. 14, 2024. China's annual production of new energy vehicles (NEVs) surpassed the 10 million milestone for the first time on Thursday, further contributing to the world's carbon reduction efforts. A ceremony celebrating the achievement was held in Wuhan, central China's Hubei Province, under the guidance of the Ministry of Industry and Information Technology and organized by the China Association of Automobile Manufacturers (CAAM). (Xinhua/Xiao Yijiu)

Dear exhibitors, buyers, partners and industry friends:After careful consideration and in-depth communication with all parties, the organiser has decided: CAPAFAIR Hangzhou 2025 will be rescheduled to 21-23 April 2025 (Monday to Wednesday) at Halls 2, 7 and 8 of the Hangzhou Convention and Exhibition Centre, with a total exhibition area of 46,500 square metres and about 2,000 booths.Thank you for your concern, support and participation in CAPAFAIR, the preparations for the exhibition are in full swing, we will provide you with more professional and efficient services, and we look forward to seeing you in Hangzhou in April next year!Hereby announce!

In the early hours of 6 November local time, with the counting of votes in the US election still underway, Republican presidential candidate Donald Trump took to the stage of a Florida rally to begin his speech, declaring his victory in the 2024 presidential election. According to the latest preliminary calculations of several U.S.media, Trump has obtained at least 270 electoral votes.As an important pillar of the U.S. economy, the auto industry has been repeatedly mentioned in the election. So, what kind of changes may occur in the U.S. auto industry after Trump comes back to power? What impact might it have on China's auto industry and even the global auto industry?Doubts about the tax increase on China    Previously, Trump mentioned Chinese cars in his rally speech in Detroit, U.S. He threatened to impose a 200% or even 1000% tariff on Chinese cars if he is elected president.Currently, only a small number of complete vehicles from China are exported to the U.S., and the tariffs at this stage are enough to keep the vast majority of electric cars out of the U.S. gates. Just in September this year, the Biden administration announced that on the basis of the original 301 tariffs on China, further tariffs on imports from China of electric vehicles, lithium batteries, photovoltaic batteries, key minerals, semiconductors, harbour cranes, etc., of which the tariffs imposed on electric vehicles from 25% to 100%, plus 2.5% of the regular tariffs, electric vehicles exported from China to the United States will need to pay up to 102.5 per cent tariff.From Trump's campaign views, the probability is that the next four years of his administration will continue the 2018 strategy of introducing a series of measures to restrict many Chinese-made products, including cars.A push for internal combustion engines and a reversal of the electric car?    Undoubtedly, compared with the current President Biden and Democratic candidate Harris, Trump has always been against climate change and the development of electric vehicles ‘not cold’.In his previous term, Trump not only on fuel efficiency and emission standards ‘water’, leading the United States to withdraw from the Paris Agreement, but also prohibited California to develop more stringent emission standards for new cars, resulting in California and the White House in court. During his tenure, the U.S. federal government level does not encourage the development of electric vehicles, only to see the development of electric vehicles in China and the European market red-hot, General Motors, Ford, represented by the U.S. car companies are worried about lagging behind, only to take the initiative to invest heavily to promote the transformation of electrification.After Biden came to power, he pushed the development of electric vehicles, giving huge subsidies and policy support, making the United States gradually become the world's third largest electric vehicle market after China and Europe. In this process, the Inflation Reduction Act to provide huge subsidies to enterprises, as well as to provide consumers with tax rebates for the purchase of subsidies played an important role in attracting major OEMs and South Korean battery manufacturers to build factories in North America, to promote the localised production of power batteries and electric vehicles.In contrast, Trump has been openly opposed to clean energy, wanting to repeal the Inflation Reduction Act and boost U.S. oil and natural gas production. Since the second half of last year, the U.S. electric vehicle market demand has been cooling, General Motors and Ford also slowed down the pace of transformation, if this time there is no more policy support and tilt, car companies invested in the field of electric vehicles or resources will be further reduced, so that the U.S. electric vehicle market to accelerate the cooling.Trump previously campaigned in Michigan to stress the importance of the internal combustion engine vehicle industry, criticised Biden's electric vehicle policy, saying that it will support the manufacturing industry and bring more employment opportunities to the automotive industry. Trump has emphasised that no state should ban the production of internal combustion engine cars if he is re-elected president.Korean manufacturers to cry?    Due to the U.S. market for Chinese-made electric vehicles and batteries artificially set high barriers, currently in North America, South Korea's three major battery manufacturers stand alone, have to spend huge sums of money, either alone or in joint ventures with the host factory to build battery factories, and to obtain a large order of batteries. For example, in August this year, Samsung SDI and General Motors announced that it will invest about $3.5 billion to build a joint battery plant in Indiana, which is expected to go into operation in 2027; in October this year, LG New Energy and Stellantis battery joint venture plant in Canada began production. In addition, SK On and Ford are also planning to build two battery plants in the United States.By building factories in North America, South Korean manufacturers on the one hand, can be close to the battery single, on the other hand, can also enjoy the U.S. ‘Inflation Reduction Act’ provides a huge subsidy. Therefore, the Korean industry is highly concerned about the economic policies of the U.S. government after the change of administration, such as subsidies, electric vehicle policy, tariffs and so on. The Korean industry is particularly sensitive to whether the subsidies will change, if there is a reduction in the performance of the relevant Korean enterprises will inevitably be very negatively affected.For example, in the third quarter of this year, LG New Energy's operating profit was 448.3 billion won, down 38.7 per cent year-on-year. This is still the U.S. Inflation Reduction Act subsidies provided by the results of the calculation, otherwise the quarter the company will appear nearly 18 billion won operating loss.Previously, SK On's planned second battery plant with Ford had hit the pause button due to slowing demand in the US electric vehicle market, and LG New Energy's third battery plant in the US joint venture with General Motors was also called off. Now, with Trump winning the election, the already cooling U.S. electric car market seems to be facing further frost. KangDong-jin, an analyst at Hyundai Motor Securities, said, ‘The prevailing view is that if Trump is re-elected as U.S. president, the rate of growth in demand for electric vehicles may slow down (compared to Harris), as he has suggested cutting electric vehicle tax credits.’Borrowing from Mexico on the road to the U.S. blocked?    Previously in order to get the Inflation Reduction Act subsidies, Volkswagen Group, Toyota, Hyundai and other European and Japanese and South Korean car companies have adjusted and upgraded production lines in North America in order to produce electric cars. If the subsidy is cancelled, for these car companies, the equivalent of the previous investment are playing the water.More seriously affected is Mexico. For cost considerations, Volkswagen Group, BMW, Renault, Toyota, Honda, Nissan, Mazda and many other car companies to build factories in Mexico to produce cars, even the United States car companies General Motors, Ford, Stellantis, but also gradually part of the production of models to Mexico, and then through the United States-Mexico-Canada Agreement (USMCA) imported into the U.S. market. Chinese car companies BYD, Chery, etc. are also interested in taking this road.In order to promote the return of manufacturing, Trump previously threatened, ‘If I become president of this country, I will impose a 100 per cent, 200 per cent tariff on imported cars from Mexico, and will not allow them to sell any car to the United States.’ If it comes true, then for Europe, the United States and the United States and Japan car companies, the killing force is very big, Chinese car companies borrow Mexico into the United States road will also be similarly blocked.In addition, in order to help Trump's campaign firmly ‘stand in line’ Musk will also usher in the harvest. Musk's SpaceX and Tesla businesses rely heavily on U.S. federal government approvals, regulations, subsidies or contracts. Trump's promise to create a looser regulatory environment and his plans to lower corporate and personal taxes could have a positive impact on Musk's business operations. And if Trump further eliminates electric car subsidies in the future, it could be bad for the overall market, though. But for Tesla, a subsidy-free environment could instead help Tesla consolidate its market leadership due to its market dominance.Today, everything is still unknown. As foreign ministry spokesman Mao Ning said at a regular press conference on 6 November in response to a foreign media reporter's response to Trump's threat to raise tariffs on China, the U.S. presidential election is an internal affair of the United States, and we respect the choice of the American people. Regarding the tariffs you mentioned, we do not answer hypothetical questions. As for Trump's high tariff policy and the repeal of the Inflation Reduction Act and other ideas, both need to be passed through the U.S. Congress legislation, the Republican Party also has different voices within the Republican Party, even if Trump came to power, whether it can be advanced as envisaged there is still uncertainty.Declaration: This article comes from the China Automotive News.If copyright issues are involved, please contact us to delete.

‘As China's advances in electric vehicles, battery technology and software continue to influence the global auto industry, some European car companies are looking for a different survival strategy - becoming more Chinese. Volkswagen Group has partnered with Chinese startup Xiaopeng to develop electric cars faster and at lower cost. France's Renault has teamed up with Geely, the parent company of Volvo Cars, to develop more advanced internal combustion engine technology.’ The FT recently reported.Looking for China ‘shortcuts’‘What did China, Japan and South Korea do when they fell behind technologically? They chose to co-operate.’ Andy Palmer, former COO of Nissan and also former CEO of Aston Martin, said, ‘The European auto industry needs to allow Chinese companies to localise in Europe, especially in battery technology, in order to catch up with China.’At the recent 2024 Paris Motor Show, Renault Group CEO Luca de Meo admitted that the European auto industry and suppliers ‘need some help from China,’ especially in the critical battery supply chain.Volkswagen Group, Stellantis and others have already begun to take action, especially the Volkswagen Group, which has a deep understanding of China, acted earlier. 2017 Volkswagen Group and Jianghuai Automobile formed JAC Volkswagen, and later increased its shareholding to 75% and renamed it Volkswagen Anhui, which has become the main position for Volkswagen Group to push forward the electrification transformation in China.In order to compete for a share of the pie in China's electrification era, the VW Group has chosen to make friends, one of which is Xiaopeng Motors. By joining hands with Xiaopeng, VW Group's electric product development cycle in China can reportedly be shortened by more than 30 per cent, and costs reduced significantly. Audi has also deepened its cooperation with SAIC to jointly develop high-end smart grid-connected pure electric models. VW Group plans to launch at least 30 pure electric models in China by 2030.The shrewd Stellantis Group boss Tang Weishi also saw this ‘shortcut’, put forward about 1.5 billion euros to become the majority shareholder of Zero Run. In this way, Zero Run's accumulated electrification, intelligent technology, as well as the whole field of self-research and vertical integration capabilities, can all be used by Stellantis. What's more, Stellantis also controls Zero Run's overseas business and uses idle capacity to promote Zero Run's localised production in Europe. Obviously, Stellantis has chosen to exchange money for technology, which will help the company transform rapidly.In addition, through its stake in Zero Run, Stellantis has gained a deeper understanding of China's auto industry chain. At the 2024 Paris Motor Show, Tang Weishi said that Stellantis has learned how Chinese brands develop electric vehicles by acquiring a 20 per cent stake in Zero Run. ‘We could see that if you want to compete with Chinese brands, you need the same cost structure. It's not an esoteric science and we can do it.’ He said.For its part, Renault Group is holding Geely's hand in the hybrid and internal combustion engine sector. At the end of May this year, Renault and Geely announced the launch of their joint venture, HORSE Powertrain, in which each holds a 50 per cent stake, to develop more advanced internal combustion engine and hybrid technologies.''Source: Autonews.comInvestment in High-TechIt is worth noting that, in addition to the cooperation between vehicle enterprises, with the arrival of the era of intelligent electric vehicles, mastery of the ‘three electric’ core technology and intelligent Internet technology Chinese suppliers have a greater right to speak, but also actively towards the front of the stage, to attract their own technological strength to the international enterprises to throw the olive branch of cooperation.In this context, multinational automotive enterprises and suppliers are extensively launching joint ventures with local Chinese supply chain enterprises, especially technology enterprises in the field of smart electricity and smart driving, which are highly favoured. For example, before taking a stake in Xiaopeng Automobile, Volkswagen Group invested in Guoxuan Gaoke and became its largest shareholder, and also invested in companies such as Horizon and Zhongkechuangda.On 24 October this year, parts giant Ampofo announced that it had invested in local Chinese company MAXIEYE with about RMB 570 million, holding about 18% of the shares and becoming the largest investor shareholder of Smart Driving Technology. It is reported that Smart Driving Technology is a local Chinese intelligent driving and intelligent travelling technology service provider, with assisted driving and automatic driving system products and solutions.Pony Smart, a Chinese autonomous driving company that recently filed an IPO prospectus with the U.S. Securities and Exchange Commission (SEC), has gone through seven rounds of financing, in which Toyota is the investor with the highest shareholding ratio and has participated in several rounds of financing. In addition, LIDAR startup WoSai Technology has also seen the same number of rounds of financing from companies such as Bosch of Germany and ON Semiconductor of the United States.By investing in Chinese hi-tech companies in the field of smart electricity or smart driving, multinationals are placing their bets in advance as a way to make up for the shortcomings of their own business, achieve higher financial returns and build up strength for the future.Source: News Direct.comCompetition from China should not be feared"‘Chinese car companies have learnt how to build high-quality electric cars at lower costs.’ The Financial Times pointed out. Now, with the electrification and intelligent technology advantages of Chinese vehicle and parts companies, as well as the cost advantages of the Chinese supply chain, multinational car companies are also hoping to develop electric vehicles and smart internet technology at lower costs and more quickly.Within the EU, some people blame the recent challenges faced by European car companies such as Volkswagen Group and Stellantis on competition from Chinese car companies, and use this as a reason to support tariff increases. In response, BMW Group Chairman Zipzer said at the 2024 Paris Motor Show that ‘we don't need protection’ and that European car companies ‘shouldn't be overly afraid’ of competition from China.The German government has also repeatedly emphasised this view. As recently as 21 October, at the opening of Mercedes-Benz's first power battery recycling plant, German Chancellor Scholz said German carmakers should not fear competition from China. ‘Some people say that China is doing better than us in terms of electric motors ...... German companies don't have to be afraid of this competition.’ According to Scholz, the German automotive industry has been subjected to fierce competition from South Korea and Japan in the past, and there have been voices suggesting that Germany will be overtaken, but Germany has stood the test.‘The centre of gravity of the automotive system has shifted to China. This does not mean that the Chinese will wipe us out. We can fight. We are going to compete.’ Mayo said. In fact, European car companies have already acted, either by leveraging the technology of Chinese companies or by emulating their strategies. At the 2024 Paris Motor Show, Renault, Dacia, Citroen, Volkswagen, Skoda and other European brands, have demonstrated affordable and even low-priced electric models, a number of models scheduled to go on sale in the last one or two years priced as low as 20,000 euros.Source：cnautonews.com

Under the wave of new energy vehicle industry, many cities in the country are competing for ‘new energy vehicle capital’. Among them, Hefei, known as ‘the most bullish venture capital city’, is gaining momentum.As of 21 October, Hefei 2024 new energy vehicle production has exceeded 1 million. In the first three quarters of this year, Hefei's new energy vehicle production has exceeded last year.In 2024, the Hefei government work report made clear the blueprint for the development of new energy automobile industry: to build a ‘new energy automobile capital’. Now, in the new energy vehicle production exceeded 1 million nodes, Hefei stable?Gathered in the form of car-making ‘Grand Slam’At present, Hefei City has gathered six vehicle enterprises: JAC, BYD, Azure, Volkswagen, Changan, Ankai. It can be seen that Hefei has gathered a variety of forms of car-making ‘Grand Slam’, there are foreign giants, central enterprises car-making, car-making new forces, local independent brands, Huawei ecosystem. As of 22 October 2024, Hefei accumulated nearly 10 new models off the line.Data show that from January to September this year, Hefei's automobile output reached 1,311,700 units, up 33.47 per cent year-on-year. Among them, the output of new energy vehicles was 927,500 units, up 74.47 per cent year-on-year. And in 2023, Hefei's new energy vehicle production was 746,000 units.Image source: Hefei Municipal GovernmentAs the ‘first industry’ in Anhui, the automobile industry is showing a booming trend, and Hefei City is also ‘catching up’. In order to cultivate the automobile industry ecology and automobile market, Hefei City is also ‘blood money’. From January to September this year, Hefei introduced 153 new energy vehicle industry chain projects, with a total investment of 131.5 billion yuan. As of October 16, the cumulative issuance of automotive consumer vouchers about 437 million yuan, driving consumption of about 18.7 billion yuan.According to the plan, Hefei strives to 2027, the formation of 2-3 annual output of 500,000 vehicle enterprises, the addition of 10 10 billion scale parts and components enterprises, new energy vehicle production capacity of more than 3 million vehicles, cluster revenue of more than 700 billion yuan.Since 2009, Hefei successfully declared ‘ten cities and thousands of energy-saving and new energy vehicle demonstration and promotion application’, pilot new energy vehicle industrialisation, become one of the first batch of 13 cities to participate in the demonstration and promotion, to 2024 to create ‘new energy vehicle capital’ slogan, Hefei in building new energy vehicles, and the new energy vehicle industry, the new energy vehicle industry. The slogan, Hefei in creating a ‘new energy vehicle capital’ has come out of the ‘Hefei model’, no one can match.It is worth noting that, from the current situation, Hefei automotive industry in the future there is a huge increment. In March this year, the Anhui Provincial Department of Ecology and Environment announced the JAC × Huawei smart car super factory project.The announcement revealed that the JAC side will build two pure electric platforms, DE and X6, with product coverage of sedan/SUV/MPV models, with a total annual production capacity of 200,000 units; and an annual production capacity of 500,000 JAC passenger cars in the next five years. This means that the combination of Huawei and JAC, the future production of new energy vehicles in Hefei City will also climb.Industry building at the forefrontPromoting the leapfrog development of the local industry through strong investment and guidance from the local government is known in the industry as the ‘Hefei model’. In recent years, a number of cities across the country, even including Shenzhen, Foshan and other industrial powerhouses have come to Hefei to learn from the experience. In seizing the high ground of electrification and intelligence, it can be said that Hefei has been at the forefront of various initiatives.In order to seize the high ground for the development of intelligent network connection, Hefei has introduced local regulations on intelligent network connection vehicles, and has accumulated 1096 kilometres of open road mileage. It has opened more than 20 super scenarios, becoming the first provincial capital city in China to ‘open up the whole area’. In addition, Hefei is also the only city in the country to have four pilot cities for new energy vehicle ‘power switching’ pilot, ‘dual intelligence’ pilot, industrial chain supply chain system pilot, and ‘vehicle, road and cloud integration’ pilot.Image source: Hefei Municipal GovernmentAiming at the integration and development of key aspects such as ‘core-vehicle synergy’, ‘whole-zero synergy’ and ‘smart-vehicle synergy’, Hefei has been making continuous efforts. The formation of Anhui Province Automotive Chip Alliance, to carry out more than 20 new energy vehicle R & D projects; for the country's first supply and demand docking and open scene of the city, January-August held automotive supply and demand docking will be 8; is also the first batch of small and medium-sized enterprises in the digital transformation of the pilot city, to promote the Spark large model grafted vehicle enterprises ‘intelligent cockpit’ products, to create a ‘six senses of industry’ with the ‘six senses of industry’. It is also the first pilot city for the digital transformation of small and medium-sized enterprises in China.In terms of infrastructure construction, 1-9 months, Hefei City, the new charging facilities of all types of over 55,000 units, the total number of charging facilities of all types of 230,000 units, basically built the urban area of 2 kilometres of charging service circle, built more than 100 power stations.It is worth noting that Hefei iterative upgrade of the ‘Venture Capital City Plan’, innovative ‘industry + fund’ ‘project + fund’ drive mode, the formation of 500 billion yuan of fund jungle! The automobile industry has 16 professional funds, with a total scale of over 60 billion yuan, and has invested in more than 20 key projects such as Tachyon and Hongjing Zhi driving.According to the official statement of Hefei City, the actual production of new energy vehicles in 2023 ranked 3rd in the country. For the future outlook, it is expected that the production of new energy vehicles will exceed 1.3 million in 2024, a year-on-year increase of 74%, jumping to the 1st place in the national city.In the eyes of onlookers, Hefei tends to appear as a contrarian. However, in the view of the participants, this ‘road of reversal’ is not easy to walk. All the ‘comeback’, are prepared. In less than 100 days from 2024, Hefei will continue to track whether or not it can achieve another good result, and sit firmly in the position of ‘new energy vehicle capital’, Gaixian Automotive will continue to track.Source：Gasgoo.com

On October 20th, BYD announced a global strategic partnership with Black Myth: Wukong, becoming the game’s exclusive automotive brand partner. Black Myth: Wukong, hailed as China’s first AAA game, achieved remarkable success, surpassing one million sales within its first hour of release. In just three days, global sales exceeded 10 million, with over 3 million concurrent players across all platforms, elevating it to the ranks of the world’s top single-player games.Globally, BYD has become the world’s top seller of new energy vehicles (NEVs), with its presence in over 95 countries and regions and more than 400 cities. Through continuous technological advancements and product innovations, BYD has positioned itself as a pioneer in the NEV industry.BYD and Black Myth: Wukong share a common path of perseverance, both excelling in their respective industries after years of dedication. BYD and China’s gaming industry have both evolved from modest beginnings to become industry leaders, thanks to their commitment to technological progress.With over six years of development, Black Myth: Wukong utilizes the cutting-edge Unreal Engine 5, achieving world-class standards in graphics and gameplay. The game has been well-received globally, marking a significant breakthrough for China’s AAA gaming market.BYD’s commitment to technological innovation is evident in its extensive R&D investments. According to its 2024 financial report, BYD invested RMB 20.2 billion (approximately $2.85 billion USD), marking a 42% year-on-year increase and setting a new record. This investment surpasses its net profit by RMB 6.6 billion ($0.93 billion USD). In the same period, BYD ranked first among more than 5,300 A-share listed companies in R&D expenditure. The company’s innovations, such as DM technology, the Blade Battery, e-Platform 3.0, and the e4 platform, have revolutionized the NEV market, addressing key consumer needs.Black Myth: Wukong has also ignited a tourism boom, as the game’s development team spent four years scanning over 100 famous landmarks across China to enhance realism. The game has drawn global attention to Chinese mythology and the “Journey to the West” story, highlighting China’s rich cultural heritage.In promoting Chinese culture, BYD stands out as the only automaker to name its vehicles after Chinese dynasties, such as the Xia, Qin, Han, Tang, and Song. The company also incorporates traditional elements in its technology names and draws inspiration from Oracle Bone Script for its premium brand logo, YANGWANG. BYD has initiated several cultural preservation projects, including the Dragon Boat to the Olympics and the BYD National Treasure Protection Program.As part of their strategic collaboration, BYD and Game Science, the developer of Black Myth: Wukong, will partner on the “Protection of Chinese Relics and National Treasures” initiative. BYD and Game Science will work together to digitally preserve historical landmarks for future restoration efforts. In 2024, they will begin in Shanxi, a province in northwest China with a history spanning over 5,000 years and featured prominently in the game. They will collaborate with local museums to conduct digital scans of national treasures, with plans to expand the project to other provinces in support of cultural preservation.Through this collaboration, BYD and Black Myth: Wukong are not only promoting Chinese heritage but also leading the way in integrating technology with cultural preservation.Declaration: This article comes from the Automotive Data.If copyright issues are involved, please contact us to delete.

While attending the launching ceremony of a power battery recycling plant on Oct. 21 local time, German Chancellor Scholz said that China has performed well in the field of electric vehicles and reiterated Germany's opposition to imposing tariffs on Chinese electric vehicles. He emphasised that such a protectionist approach to trade would only hurt Germany itself.Scholz also promised that electrification is the future trend of the automotive industry, and electric vehicle technology is currently being developed globally. The German government will continue to build electric vehicle charging piles to ensure a stable energy supply, and promote the EU to accelerate the construction of electric vehicle infrastructure.On 4 October, the EU passed the draft final ruling on the countervailing duty case against China's electric vehicles, proposing to impose a final countervailing duty on electric vehicles originating in China. After the decision was announced, the German government and a number of local automobile enterprises expressed strong opposition to it.Declaration: This article comes from the CCTV.If copyright issues are involved, please contact us to delete.