Smart Cars - Asia Tech Wire

Smart Cars

22:29

                            CATL will hold an extraordinary shareholders' meeting on January 17 regarding its listing in Hong Kong.
                        
21:59

                            CATL: The company plans to issue overseas listed foreign shares (H shares) and list them on the Hong Kong Stock Exchange
                        
                            CATL announced that in order to further advance the company's global strategic layout, build an international capital operation platform, and enhance its overall competitiveness, the company plans to issue overseas listed foreign shares (H shares) and apply for listing on the main board of the Hong Kong Stock Exchange Limited (hereinafter referred to as "HKEX").
                        
21:51

                            BYD's Li Yunfei responds to rumors about the Brazilian factory: Deliberately smearing Chinese brands
                        
                            "This is a complete misunderstanding. There is no restriction on personal freedom by the company." On December 26, a statement and video jointly issued by more than 160 workers in Brazil attracted attention. In the video, a worker said that the cause of the incident involved 107 employees who needed the assistance of Goldsmith Company to apply for temporary Brazilian ID cards. To this end, the company temporarily collected the passports of these employees for subsequent relevant procedures. During an on-site inspection by the Brazilian labor department, these passports were found in the cabinet of Goldsmith Company, causing the inspectors to mistakenly believe that the company had confiscated all passports and did not accept the company's explanation, mistakenly judging that the personal freedom of these employees was restricted. In response, the above-mentioned more than 100 workers clearly stated in the statement that Goldsmith Company did not confiscate their passports. The reason why the passports were kept in the company was to apply for temporary Brazilian ID cards and tax numbers. Once the documents were processed, the company would immediately return the passports. On the same day, Li Yunfei, general manager of BYD's brand and public relations department, reposted the above statement and video on social media, saying, "If you want to accuse someone of a crime, you can find a pretext. In smearing Chinese brands, smearing China, and attempting to undermine China-Pakistan friendship, we have seen how relevant overseas forces maliciously associate and deliberately smear."
                        
20:25

                            AI means all for Li Auto, says Li Xiang
                        
                            Li Xiang, CEO of Chinese electric car maker Li Auto, said AI means everything to the company.
                        
11:44

                            Toyota said to be in final talks with Shanghai to build wholly-owned EV plant
                        
                            There have been different responses to the rumors that Toyota will build a wholly-owned electric car plant in Shanghai, Caijing.com reported on Wednesday.
                        
08:34

                            Xinzhi Group achieves large-scale delivery of core components of drone motors
                        
                            According to Xinzhi Group, Xinzhi Group provides high-quality motor stators and rotors and other key components for DJI's industrial heavy-duty drones. These key motor components can perfectly adapt to the various stringent working scenarios and performance requirements of DJI's industrial drones. During the cooperation process, the technical teams of both parties jointly carried out technical research and development and innovation, continuously optimized product performance, and ensured that drones can operate stably and efficiently in complex and changeable low-altitude environments. Currently, hundreds of thousands of sets of eVTOL motor core components have been delivered each year, which strongly supports the production and market expansion of DJI's industrial drones.
                        
17:51

                            Brazil halts BYD's EV plant construction over alleged labor law violations
                        
                            Brazil has halted construction of an electric car factory by Chinese company BYD over alleged labor law violations, according to Bloomberg.
                        
16:52

                            Deutsche Bank takes relatively conservative view on sales performance of Nio's new brand Firefly
                        
                            The sales outlook for Nio's new Firefly brand remains uncertain, Deutsche Bank wrote in a recent report.
                        
15:26

                            Nio announces organizational changes for smart driving team
                        
                            Chinese electric car maker Nio's smart driving R&D division announced a series of organizational changes on Tuesday, according to 36Kr.
                        
14:55

                            Toyota said to build wholly-owned plant in China to produce Lexus EVs
                        
                            Japan's Toyota Motor is set to build a wholly-owned plant in China to produce Lexus electric cars, according to Nikkei.
                        
14:50

                            CATL releases rock-solid chassis that can reach 120km/h and will not catch fire or explode in a frontal collision
                        
                            CATL held a new chassis product launch conference in Shanghai today and released the rock chassis. Yang Hanbing, managing director of CATL (Shanghai) Intelligent Technology, said that CATL's rock chassis is the CIIC ultra-high safety flagship chassis, which can achieve ultra-high safety without fire or explosion in a 120km/h frontal collision when powered. Note: CATL (Shanghai) Intelligent Technology Co., Ltd. was established in 2021 and is mainly engaged in integrated intelligent pure electric chassis products and technical services. In April this year, CATL CIIC (CATL Integrated Intelligent Chassis) integrated intelligent chassis products made their first public appearance at the Beijing Auto Show.
                        
13:18

                            Weilai Intelligent Driving Adjustment: Ren Shaoqing directly leads the team to develop large models and sprint for end-to-end delivery
                        
                            Today, NIO's intelligent driving R&D department announced a series of organizational structure adjustment plans. The intelligent driving department will set up a new technical committee to be responsible for comprehensive large-scale capacity building. It is understood that the adjustment is mainly to strengthen the capabilities of NIO's intelligent driving delivery team and ensure the delivery of the solution. Ren Shaoqing, head of NIO's intelligent driving, will further directly manage the team and personally lead the large model department. Previously, the department was led by Peng Chao, head of perception algorithms, and reported to Ren Shaoqing. In this adjustment, the heads of key areas such as driving solutions and data closed-loop solutions will report directly to Ren Shaoqing.
                        
11:33

                            BYD announces the nationwide launch of the upgraded “Eye of God” city navigation function
                        
                            BYD's high-end intelligent driving assistance system "Eye of God" has officially launched the CNOA function nationwide, realizing intelligent navigation on various roads across the country. This function will be pushed with the OTA of specific models. It is reported that the city navigation function launched nationwide this time is based on the NOA technology, adopts an end-to-end large model architecture, and uses multi-sensor fusion perception to capture and process road environment information in real time, which can realize a variety of driving behaviors such as complex intersections, traffic lights, autonomous overtaking, obstacle avoidance, autonomous merging, etc. This version can also support national roundabouts, automatic entry into waiting areas and other functions that are extremely technically difficult in the industry.
                        
09:36

                            The concept of flying cars has changed dramatically, pushing up Wolong Electric Drive's stock price to the daily limit
                        
                            Flying car concept rose abnormally, Wolong Electric Drive hit the daily limit, CITIC Haizhi, Jindun, Wanfeng Aowei, Shangluo Electronics, Jianxin shares followed suit. On the news front, the General Office of the CPC Central Committee and the General Office of the State Council issued the "Opinions on Accelerating the Construction of a Unified and Open Transportation Market", proposing to steadily promote the reform of natural monopoly links in the transportation field, encourage and guide social capital to participate in railway construction and operation in accordance with laws and regulations; deepen the reform of low-altitude airspace management, and develop general aviation and low-altitude economy.
                        
18:22

                            General Office of the CPC Central Committee and the State Council: Continue to implement pilot projects for intelligent transportation applications such as autonomous driving and intelligent shipping
                        
                            The General Office of the CPC Central Committee and the General Office of the State Council issued an opinion on accelerating the construction of a unified and open transportation market, which mentioned promoting the green and smart transformation and upgrading of transportation. Carry out environmental impact assessments of transportation infrastructure planning and construction projects in accordance with regulations, ensure that planning implementation is consistent with ecological protection requirements, and strengthen the sharing of transportation energy consumption and carbon emission data. Improve the policy of clean energy substitution for transportation equipment, and promote the application of new energy and clean energy in medium and heavy trucks, ships and other transportation tools. Accelerate the adjustment and optimization of the transportation structure, and further promote the development of green freight distribution in cities. Continue to implement pilot applications of intelligent transportation such as autonomous driving and intelligent shipping.
                        
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