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Automotive Breakfast | SAIC Submits Anti-Subsidy Preliminary Ruling Counterarguments; BMW China Responds to 4S Store Refusing to Deliver Cars; Xiaopeng and Volkswagen Sign Electronic and Electrical Architecture Technology Joint Development Agreement

Jul 23, 2024

🚗 Automotive Breakfast News 🚗

Domestic News:

📢 Two departments further strengthen the management of energy consumption labeling for light-duty vehicles.

🌿 The Ministry of Ecology and Environment releases the "National Carbon Market Development Report (2024)".

🔄 The Passenger Car Market Information Joint Committee reports a significant drop in OTA function updates in June.

International News:

🚨 NHTSA investigates power issues in 150,000 Stellantis vehicles.

🚁 Brazilian Eve company unveils a prototype flying taxi, with a test flight expected by the end of the year or early 2025.

⏸ LG Energy Solution delays the completion of its third factory in Michigan, USA.

Corporate News:

📋 SAIC submits counterarguments to the EU's anti-subsidy preliminary ruling.

🤝 Xiaopeng Motors and Volkswagen sign a joint development agreement for electronic and electrical architecture technology.

🚫 BMW China responds to 4S store refusal to deliver vehicles: internal preliminary investigation, all cases are individual.

🙅‍♂️ Inspur Information denies distributing Nvidia's chips, stating the news is not true.

🏢 Kingmen Information: The direct controlling shareholder of the company will change from FAW to the travel company.

❄️ A 300 million yuan equity of a company under Human Horizon is frozen.

🌱 Geely invests in the establishment of a new energy commercial vehicle company in Inner Mongolia.


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