Automotive News Summary

Domestic News

• Shanghai's Seven Departments: By the end of 2025, achieve full coverage of supply chain financial services for leading enterprises, "chain leaders," and important industrial chain supply chains.
• Hong Kong's Hydrogen Energy Development Strategy: The Hong Kong Special Administrative Region Government announced its strategy to seize the development opportunities of hydrogen energy, aiming for carbon neutrality and maintaining international competitiveness.

International News

• Tesla Cybertruck Delivery Paused: Due to a wiper motor safety issue, Tesla has paused the delivery of Cybertruck, postponing the pickup dates for some customers.
• Suzuki and Tier IV Collaboration: Suzuki will collaborate with the Japanese startup Tier IV to develop autonomous driving technology, utilizing existing Suzuki vehicles for prototype development.
• Ferrari CEO's Statement: Ferrari will not abandon internal combustion engines, continuing to offer a full range of power system choices to customers.
• Turkey's Automobile Production Decline: Turkey's automobile production decreased by 3.7% in May, indicating potential pressures on its automotive manufacturing industry.

Corporate News

• Nezha Automobile Capital Increase: Nezha Automobile's associated company, Hezhong New Energy Automobile Co., Ltd., has increased its registered capital to approximately 28.37 billion yuan.
• CATL Work Schedule Rumor: CATL has denied rumors of implementing a 896 work schedule (8 am to 9 pm, six days a week), stating that it is a misinterpretation and no such regulation has been issued.
• Lantu New Electric SUV Production: Lanatu's new electric SUV will be produced at Dongfeng Nissan's Yunfeng factory, which is also the production base for Dongfeng Nissan's electric model Ariya.
• Infineon R&D Center in Taiwan: Infineon will establish an R&D center in Taiwan, transferring its new generation of automotive Bluetooth chip technology, with a total budget of 1.2 billion New Taiwan dollars.
• Shell BYD Joint Venture Capital Increase: The registered capital of the joint venture between Shell and BYD has increased from 300 million to 400 million yuan, with a change in the legal representative and chairman.
• Faraday Future's "Sino-American Automobile Bridge Strategy": FF plans to launch mass-market models to provide more personal investors with "AI technology luxury" products.
• GAC Capital's Stake in Dexin Chip: GAC Capital and other investors have taken stakes in Suzhou Dexin Chip Technology Co., Ltd., increasing the company's registered capital to 5.28 billion yuan.
• Brilliance Auto's New Company in Shenyang: Shenyang Sanshi Automobile Industry Development Co., Ltd. has been established, with a registered capital of 50 million yuan, covering R&D and sales of automotive parts and new energy vehicles.

Recommended Reading

• Hydrogen fuel cell vehicle demonstration period is ending, what's next for policy?
• Commercial vehicle companies are laying out logistics platforms, can logistics chaos be completely resolved?

Written by Hao Wenli, Edited and formatted by Liu Xiaoye.

About Americ Energy (CHINA) Co., Ltd.

Americ Energy (CHINA) Co., Ltd. is a comprehensive auto service platform focusing on the import and export business of automobiles and auto parts. We provide services around the whole auto industry chain, including overseas trade, auto finance, car leasing, overseas import and export business, logistics, and transportation business. We use a new model to build a comprehensive service provider integrating customers, capital, and vehicles at home and abroad.

Our Advantages:

1. We can provide overseas capital allocation;
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3. In Bishkek, Moscow, St. Petersburg, and other places, we can provide after-sales service, customs clearance service, pick-up service, storage service, logistics service, and vehicle consignment service;
4. We can provide high-quality used car resources;
5. We can provide some new car special car resources.

Contact Information:

Website: www.auto-ae.com

Email: ae@americenergy.com

Phone: 13521210668

whatsapp: 13521210668

Address: No.298 Fengwei Road, Xishan Development Zone, Wuxi City, Jiangsu Province, China