Recently, according to media reports, British luxury car manufacturer Aston Martin said it would cut about 5% of its employees worldwide to further reduce costs and promote future investment. It is reported that about 170 employees will be affected by the layoffs, and it is expected that the layoffs will save about 25 million pounds (about 31.6 million US dollars) in costs. At the same time, the company has once again postponed the release of its first pure electric vehicle until before 2030. As of December 31, Aston Martin's adjusted pre-tax loss increased by 48.7% to 255.5 million pounds, and its net debt was 1.16 billion pounds, an increase of 43% year-on-year.

Recently, according to media reports, Mercedes-Benz has set a savings plan, aiming to reduce costs by 5 billion euros (about 380.7 billion yuan) by 2027, and plans to achieve half of this goal by the end of 2025. According to reports, Mercedes-Benz plans to implement large-scale layoffs, which may be as high as 20,000 people, and is expected to affect multiple departments and regional branches of the company. Globally, its layoffs may exceed 10,000 people, including management personnel. In addition to the layoff plan, Mercedes-Benz will also close inefficient factories, improve the utilization rate of existing factories and optimize the supply chain to further reduce costs and improve efficiency.

Recently, according to media reports, on February 18, local time, US President Trump said that he would impose a tariff of about 25% on imported cars, and he would make more statements on this topic on April 2. Trump said on the 14th that he might impose tariffs on imported cars on April 2. Trump has not yet disclosed more details of this tariff plan, but he believes that American exported cars have been treated unfairly in foreign markets for a long time. According to experts, this move by the United States is a manifestation of trade protectionism, which will cause huge losses to both the United States and its trading partners.

Recently, in response to the recent rumors of "Nissan bankruptcy", Liu Xinyu, general manager of Dongfeng Nissan Sales Company, responded strongly on his personal social media: I opened my eyes and saw that there was still 63 billion yuan on the books, which was equivalent to Xiaomi's investment in car manufacturing twice. From the picture of the content released by Liu Xinyu, we can see that Nissan currently has 1.36 trillion yen in cash on the books, which is about 63 billion yuan. He also compared it with the three new car-making forces of Xiaopeng, Weilai and Ideal. Xiaopeng, Weilai and Ideal have cash reserves of 36.5 billion, 57.3 billion and 91.3 billion respectively. From the perspective of scale, Nissan's capital reserves are still in the first echelon. The fuse that triggered the rumors of "Nissan bankruptcy" was Nissan's financial report last quarter. The financial report shows that from April to September 2024, Nissan's net profit was 19.2 billion yen (about 900 million yuan), a year-on-year decline of 94%. In the third quarter of last year, net profit turned from profit to loss, with a loss of 9.3 billion yen in a single quarter.

According to German media reports on November 22, Bernd Lange, chairman of the European Parliament’s Trade Committee, said that the EU must readjust its competition policy after Trump enters the White House. He said there was hope for a deal at least in the tariff dispute over Chinese electric vehicles. As for German Chancellor Scholz's firm opposition to the EU's imposition of tariffs on Chinese electric vehicles, Bernd Lange believes that Scholz has a different assessment of China's electric vehicle tariffs because German manufacturers have a market in China. Germany is concerned that China may backlash, affecting these manufacturers in the Chinese market. In addition, the EU is still negotiating with China on electric vehicles and is about to reach a solution with China to eliminate tariffs.

Qin Lihong, president of NIO Automobile, responded that the third brand Firefly will be released on NIO Day 2024 and will continue to adopt a pure electric technology route that can be charged, replaced and upgraded.

BYD's revenue in the third quarter exceeded Tesla's for the first time, and the market sentiment is optimistic. However, the EU's imposition of high tariffs on imported electric vehicles from China has brought challenges to its overseas expansion.

On October 25, WeRide successfully listed on the Nasdaq in the United States, becoming the largest IPO of a Chinese company in the United States since 2021.

On the eve of the release of Tesla's third-quarter earnings report, the stock price has fallen for four consecutive days, reflecting the market's nervousness.

Electric vehicles now account for 8.9 percent of the nation's new vehicle market, indicating that consumer acceptance of new energy models is increasing and driving the overall market transformation.

Tesla unveiled its new self-driving Cybercab taxi, but shares fell sharply and continued to trade lower throughout the day.

Tesla's driverless taxi launch conference is about to be held. Can the FSD promise be successfully fulfilled?

Tesla will hold a driverless taxi launch conference on the 10th of this month. This car is regarded as Tesla's core innovation in the FSD field and an important product since the launch of the Optimus Prime humanoid robot in 2022.

The European Commission said in a statement that the proposal to impose final tariffs on Chinese electric vehicles has received "necessary support" from EU member states.。According to EU diplomats, 10 countries support tariffs Germany, Hungary and other 5 countries voted against, 12 countries abstained。China responded that it firmly opposes the unfair, non-compliant and unreasonable protectionist practices of the European side in this case.。We firmly oppose the European side's imposition of countervailing duties on Chinese electric vehicles.。

On September 29, BYD filed a recall plan with the State Administration for Market Regulation and decided to recall the following vehicles from September 30, 2024。Recall a total of 87,762 domestic Dolphin and Yuan PLUS electric vehicles produced between February 4, 2023 and December 26, 2023; recall a total of 8,952 domestic Yuan PLUS electric vehicles produced between November 2, 2022 and June 19, 2023。Some vehicles within the scope of this recall are due to the electric power steering column assembly (CEPS) controller manufacturing process. When the upper cover of the equipment tooling is closed, it interferes with the capacitor on the controller circuit board, causing micro-cracks in the capacitor。In the use of vehicles, capacitor microcracks may expand and cause short circuits, causing overheating and ablation of capacitors, or even fire, posing safety risks。BYD will entrust authorized dealers to install free controller insulation gaskets for vehicles within the scope of the recall, which will eliminate potential safety hazards.。

The U.S. House of Representatives narrowly voted 217-192 to pass an electric car bill that would prohibit people from buying Chinese-made, assembled electric cars from receiving tax credits.。The White House issued a statement opposing the bill, saying it added "new, unclear, and unworkable restrictions" to the Inflation Reduction Act's tax breaks and would instead punish U.S. consumers and automakers.。Democratic Congressman Kirdy: Imposing new restrictions will force the auto industry and battery manufacturers to withdraw investment in the United States and instead rely on China again, and it will be more difficult for the United States to compete with China。AAI CEO Bozella: If the incentives are removed, the auto industry base will face serious economic and national security risks, and U.S. competitiveness will decline.。

The Canadian government is determined to impose a 100% surcharge on imports of electric vehicles from China, despite opposition from many parties.。canadian economist komark: the canadian government claims the move is to protect jobs, but the reason is very far-fetched。Imposing tariffs on electric vehicles imported from China will not only not help local industrial workers, but will also pass on the related costs to consumers。And Canada has its own carbon emission targets, and if electric vehicles maintain high prices, it will become more difficult to achieve them.。

The U.S. government decided on the 13th to significantly increase import tariffs on Chinese products, including a 100% increase in tariffs on electric vehicles, to strengthen the protection of strategic industries in the United States, some of which will take effect on September 27.。In addition, there will be a 50% tariff on Chinese solar cells, a 25% tariff on Chinese steel, aluminum, electric vehicle batteries and key minerals, and a 50% increase in import tariffs on Chinese semiconductors, which will take effect in January 2025, adding two new categories of polysilicon and silicon wafers used in solar panels.。China's Ministry of Commerce spokesman He Yongqian said on the 5th: previously, the Office of the United States Trade Representative on the results of the tariff review to solicit public comments, most of the views opposed to the imposition of tariffs or applications to expand the scope of tariff exemption, which shows that the United States 301 tariffs on China is unpopular, urging the United States to immediately cancel all tariffs on China.。In addition, we find ourselves in a position to do so. We find ourselves in a position to do so. We find ourselves in a position to do so. We find ourselves in a position to do so. We find ourselves in a position to do so. We find ourselves in a position to do so. We find ourselves in a position to do so. We find ourselves in a position to do so.

Relying on the strong performance of the Chinese market, global sales of pure electric vehicles and plug-in hybrid vehicles reached 1.47 million units in August.

The BYD 2025 model has been released with key updates, including interior improvements and technology upgrades, and price reductions.。The new model provides better driving performance and enhanced safety features, consolidating its position in the car market。