Hon Hai Technology announced that it has established a partnership with US electric vehicle manufacturer INDIEV, and the two parties will jointly develop the first electric vehicle made in the United States. It is reported that the two companies will launch electric vehicle products under the INDIEV brand in the future and plan to introduce future electric versions to other markets. Founded in 2015, INDIEV is a world-leading supplier of electric vehicle solutions with over 60 years of industry experience. The partnership was established this time mainly because INDIeV is selling its first mass-produced car, the Harris S. Although the company does not know whether this news is true or false, one thing is certain that this cooperation will have a great boost to the entire electric vehicle market. It is reported that the two companies have begun to launch cooperative projects and completed the first phase of testing in July this year. According to the two parties, they will provide customers with the first product including Harris S in the future.
1, Hon Hai Group Chairman Guo Taiming released a new vision, Hon Hai Group will launch electric vehicles by 2025
August 9, Hon Hai Group Chairman Terry Gou announced a plan at the 2018 brand event held at the headquarters of Hon Hai : by 2025, electric vehicles will be launched worldwide. Since the end of 2017, he has proposed this goal: by 2025, each car produced by Hon Hai will have electric vehicle range (L4 level), maximum speed of 100 km/h, intelligent electrification and large-scale customization capabilities. In Terry Gou's view, "This is an ambitious plan because by 2025, many products will be electrified." Hon Hai said that several important things must be completed in its plan: ● The factory that manufactures electric vehicles will be expanded from existing factories to new factories. ● Establish an electric vehicle innovation center and develop production. ● Formulate strategic plans for the automotive industry in the next 10 years.
1. Hon Hai wants to produce electric vehicles?
In March this year, it was reported that Hon Hai is cooperating with the US electric vehicle manufacturer INDIEV, and the two parties plan to produce L4-level electrified models. According to foreign media reports, Hon Hai plans to start cooperation with electric vehicle manufacturer INDIEV in the second half of this year to launch electric sedans and SUVs. However, Hon Hai did not give a clear timetable for this plan. According to Reuters , the two models currently sold in the US market are priced at US$230,000 and US$237,000 respectively. Both electric sedans are produced by Hon Hai in mainland China and Taiwan. But it's different from previous rumors. On August 8, Hon Hai Chairman Terry Gou said in an interview that the company's current technical level can produce parts of L4-level electric cars. He said: "Now there are few parts brands in the world that can produce L4-class electric cars!" This means that Hon Hai is unlikely to produce electric electric cars. But as far as the current situation is concerned, if Hon Hai really realizes its dream of making cars, it may soon launch models such as electric cars, then it may encounter models such as BYD EV/F0 in the future; therefore, for Hon Hai, car manufacturing is a difficult but must-achieved goal.
2, car manufacturing and new energy sectors combined revenues exceed 250 billion
In the first half of 2018, Hon Hai Group achieved operating income of RMB 158.576 billion, an increase of year-on-year by 6.2%; net profit attributable to the parent company owner was RMB 3.739 billion, an increase of 5.2% year-on-year; Hon Hai achieved operating income of RMB 135.636 billion, an increase of 6.2% year-on-year; net profit attributable to the parent company owner was RMB 3.739 billion, an increase of 5.2% year-on-year. Among them, the mobile phone business contributed nearly half of its revenue to Hon Hai. Foxconn has previously publicly stated that its mobile phone business revenue accounts for about 62% of Hon Hai's revenue, and the gross profit margin of Hon Hai's mobile phone business is about 17%. The two major sectors of "car manufacturing" and "smart electric vehicles" have achieved a combined revenue of RMB 250 billion! Regarding this statement, Terry Gou said that in his opinion, these two major businesses will become an important driving force for Hon Hai's future development.According to the report of the Statistical Analysis Company, China's sales of new energy vehicles exceeded 340,000 in 2017, with an annual compound growth rate of 83.8%; it is expected that China's pure electric vehicle sales will exceed 2 million by 2025; and China's sales of new energy vehicles will reach 85.7% in the five years from 2016 to 2020! Therefore, with the continuous increase in the development speed and market demand of China's automobile industry and the continuous advancement of battery technology, China's traditional electric travel industry will usher in a stage of rapid development! In the next five years, the compound growth rate of new energy vehicles in Hon Hai Group will reach 136.3%!
2. NXP, the world's largest battery supplier, supplies three power batteries to CATL . On July 25, NXP, the world's largest battery supplier, announced a partnership with CATL. NXP will supply it with three lithium-ion batteries, , each worth about $180 million. These include 0.35 kWh lithium iron phosphate battery and 0.37 kWh ternary lithium battery. This partnership with CATL will help NXP open up new ground in the power battery market. In May this year, NXP announced that it had signed a cooperation agreement with CATL to provide new services in its power battery business. Both companies said in April this year that they would develop new lithium-ion battery technology and mass-produce batteries. As the power battery industry flourishes and battery prices fall, the company is likely to launch more products in the coming years. CATL has begun to transform into the electric vehicle field, and the company has partnered with NXP, the world's largest battery supplier, to develop lithium-ion battery technology. In the next few years, power battery demand is expected to grow nearly 2 times, reaching about US$30-40 billion.
1, Volkswagen Group CEO: Will further reduce car costs
July 26, Volkswagen Group CEO Herbert Diess said that Volkswagen Group is working hard to integrate its own development into the wave of electrification. Currently, Volkswagen Group is shifting from manufacturing products to better delivering value to consumers. Diss believes that the automotive industry has undergone tremendous changes - electric and autonomous driving, large-scale interconnected infrastructure and fuel cell technology will continue to expand market share and growth space. But it is important to note that as traditional automakers continue to increase their pressure, they must respond quickly to these changes. According to the company's financial report, in the first quarter of 2020, Volkswagen Group's operating loss was 7.7 billion euros (approximately US$9.7 billion), an increase of 9% year-on-year. The company's operating profit in the first half of this year was 2.5 billion euros (about 2.6 billion US dollars). Diss said that although he is optimistic about VW Group cutting costs during the COVID-19 pandemic, he will continue to reduce the costs of automobile manufacturing and electrification. It is reported that Volkswagen Group CEO Dies attended the "Global Mobility Partner Conference" held in Munich on July 25, and revealed its plan to reduce costs. The meeting will last until August 8, one of the European summits that will restart after March 24, 2020.
2, Tesla CEO Musk: It will speed up the construction of charging infrastructure
Tesla CEO Elon Musk (Elon Musk ) posted a photo of Tesla charging station on Twitter on July 25. Tesla plans to start supporting its supercharger stations around the world this year, the company said. "The construction of 1,000 super charging stations (i.e. Tesla Stop City) by September this year... These charging stations can provide 100 100 kilowatt-hours of charging energy." Currently, Tesla has 531 super charging stations in the United States. As of late July this year, the total delivery volume of Model 3 was 11,000 vehicles (a total of 5,376 vehicles were delivered for Model S/X). This means that Tesla has over 1 million Model 3s running around the world through super charging stations. Judging from Musk's content, he is already Tesla's largest shareholder and is expected to increase Tesla's investment in power batteries and cooperate with Japan Electric to improve efficiency and reduce energy consumption.
3. Tesla plans to mass-produce hybrid models in 2022
Tesla CEO Elon Musk said in an interview that it is building an electric car that will be more energy-efficient than the current Model 3. Musk also said that Tesla's models will also adopt hybrid technology in the future. Currently, Tesla only has Model 3 and Model Y. Musk believes that this move can reduce environmental impact and achieve energy conservation and environmental protection. He also said that when he wanted to launch the Model 3 in the United States, he found that the market was actually very good. "People want their cars to achieve charging speeds quickly, with good range and handling performance, and I hope it will help Tesla go in this direction," he said. Tesla said it has developed a new electric car that will start producing Tesla Performance models in the United States in 2022.
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3. Tesla Model Y prototype was launched on July 27?
According to foreign media reports, Tesla's first pure electric car, Model Y, will be officially launched on July 27. However, the model has not yet been officially named. At present, Tesla has not officially confirmed the news. Previously, it was reported that Model Y will be offline at the beginning of 2021 and will be delivered to the US market by the end of 2022. The power battery of Model Y is expected to be jointly developed by Tesla and South Korea's LG Chem. In addition to the power battery, another important feature of Tesla Model Y is that its vehicle design is inspired by the traditional Tesla Model 3 and Model Y. The Model 3 has a large panoramic sunroof, and the roof can also be folded into a thin carpet; the Model Y has huge space to accommodate multiple suitcases and put in a premium bed. However, according to Tesla's current public information, Model Y has already started its delivery work before the news of mass production has arrived.
1. German BMW will release its pure electric SUVi3
on July 22 at the Frankfurt Auto Show on the Frankfurt Auto Show According to foreign media reports, German BMW announced that the company's new pure electric SUVi3 will be officially released at the 2020 Frankfurt Auto Show. As one of the company's latest pure electric strategic plans, i3 is the first SUV model of BMW equipped with lithium iron phosphate batteries. The car will be available in the second half of 2021 and will be priced lower than the Tesla Model 3 and will be delivered to consumers by the end of 2022. As a pure electric SUV model, the i3 can increase the range to about 500 kilometers in 60 minutes, and also has an intelligent driving assistance system and charging power of up to 300 kW. In addition, the car is equipped with a battery pack with a capacity of 50 kWh, which allows it to support charging facilities with a maximum mileage of less than 100 kilometers during driving. According to foreign media reports, the model is currently undergoing renovation and upgrading of the final production line in the factory in Berlin, Germany. BMW plans to bring this electric SUV model to the European market in the first half of next year. It is reported that this car will be designed, produced and sold by BMW Brilliance; while other European manufacturers will be launched on the market starting from the first half of 2021. BMW plans to invest 7.5 billion euros (about 7.667 billion yuan) in the fields of new energy vehicles, intelligent driving and digital technology by the end of 2022; cumulative investment will reach 16 billion euros (about 174.4 billion yuan) in the field of new energy vehicles by the end of 2030; cumulative investment will reach 50 billion euros (about 550 billion yuan) by 2035. 2. Tesla is establishing a cooperative relationship with British car companies or developing new autonomous driving technology According to foreign media reports, on Thursday local time, the cooperation between Tesla CEO Elon Musk and British car manufacturer Porsche was further confirmed. Tesla is looking for a British company to develop new autonomous driving technology. This may be the first collaboration between Tesla and British vehicle manufacturers in the field of autonomous driving. It is reported that Tesla is establishing a partnership with British vehicle manufacturer Porsche. According to Tesla's internal information, the collaboration with Porsche may be to develop more models and to use more Tesla's designs as part of its own technical system.When Tesla provides batteries for a Model 3, Porsche has said it provides Tesla's Model 3 with a new battery type that can provide drivers with power in unmanned situations, according to people familiar with the matter. Details of the transaction have not been disclosed yet. But some media speculate that this cooperation may be part of Tesla's plan to launch its own Prime Network, Pacific Ride and autonomous driving computing platform Mobileye. In addition, Tesla may cooperate with some new companies to develop autonomous driving technology.
