91 Ten Articles-New Energy Vehicle Industry Briefing: Xiaomi may use Great Wall Motors production line to manufacture cars

1. Li Zhenyu, Vice President of Baidu Group and General Manager of the Intelligent Driving Business Group, was promoted to Senior Vice President of the Group. Li Zhenyu joined Baidu in 2007 and previously worked at Huawei, where he received Huawei's highest honor, the Gold Medal.

2. The first domestically produced Ford Mustang Mach-E, a strong competitor of Tesla Model Y, has officially rolled off the production line and is expected to be officially unveiled at the Shanghai Auto Show, with a price tag of around RMB 350,000.

3. GAC's new energy vehicle production and sales hit new highs, with annual production reaching 77,100 units and sales of 77,700 units last year, up 30.3% and 36.2% year-on-year respectively. In November 2020, the Aion brand officially operated independently, with production and sales achieving rapid growth of 42.9%.

4. Volvo Cars Daqing Plant has achieved 100% carbon neutrality in electricity. Since then, the proportion of carbon neutral electricity in Volvo Cars' global manufacturing system has increased to nearly 90%.

5. Reuters reported that Xiaomi is negotiating with Great Wall Motors to use its factory to produce electric vehicles. Currently, both Xiaomi and Great Wall Motors said that everything is subject to the announcement.

6. Evergrande Auto held a press conference for its full-year performance in 2020, saying that it has invested a total of 47.4 billion yuan. Among them, 24.9 billion yuan was invested in vehicle R&D and design, power batteries, autonomous driving and intelligent networking, and 22.5 billion yuan was invested in factory construction, equipment procurement and parts procurement. Although it has not yet started construction, Evergrande Auto has already had revenue, which was 188 million yuan last year.

7. Hyundai Motor launched the ultra-high-speed charging brand "E-pit", which provides three core service experiences: Fast, Easy & Convenient and Premium.

8. The world's first wide-body super hybrid SUV BYD Song PLUS DM-i was launched. The new car has two versions and four models. The national unified price after subsidies is 146,800 yuan to 169,800 yuan. As the first SUV model equipped with DM-i super hybrid technology, Song PLUS DM-i relies on the five core advantages of "fast, economical, quiet, smooth and green" to completely subvert the perception of traditional hybrid models.

9. The world's first autonomous driving stock, truck autonomous driving company TuSimple has submitted an IPO application to the U.S. Securities and Exchange Commission and plans to list on the Nasdaq with the stock code TSP. TuSimple is a Chinese company with a listing valuation of approximately US$5 billion to US$8 billion.

10. The pre-sale of ARCFOX Alpha S, a pure electric sedan under BAIC, has officially started. The new car is positioned as a medium-to-large sedan with a maximum range of 708km and will soon be launched at the Shanghai Auto Show.

As a winner of Toutiao's Qingyun Plan and Baijiahao's Bai+ Plan, the 2019 Baidu Digital Author of the Year, the Baijiahao's Most Popular Author in the Technology Field, the 2019 Sogou Technology and Culture Author, and the 2021 Baijiahao Quarterly Influential Creator, he has won many awards, including the 2013 Sohu Best Industry Media Person, the 2015 China New Media Entrepreneurship Competition Beijing Third Place, the 2015 Guangmang Experience Award, the 2015 China New Media Entrepreneurship Competition Finals Third Place, and the 2018 Baidu Dynamic Annual Powerful Celebrity.