At the press conference of promoting consumer goods recently, the promotion of consumer goods, Xu Xingfeng, the director of the Department of Consumption of the Ministry of Commerce, introduced that the Ministry of Commerce issued the “Promoting Consumption Products with the Old Change of the New Action Plan” in conjunction with relevant departments, and proposed a series of policy measures such as promoting “energy” in automobiles. Xu Xingfeng specifically introduced that in terms of automobiles, the Ministry of Commerce, the Ministry of Finance and other departments jointly issued the “Detailed Rules for the Implementation of Automobiles with the New […]
On June 25th, the electric vehicle battery manufacturer SK On announced that it has signed a memorandum of forgiveness with an unreasonable understanding with US energy giant EXXONMOBIL. Battery supply chain in the area. According to the memorandum of understanding signed by the two parties, SK On can choose a many years of agreement, and then obtain a lithium of up to 100,000 tons from ExxonMobil in the Akrisan project. However, the two parties have not announced more details for the time being, such as the contract cycle and specific supply, and these details will be discussed in […]
Industry sources said potential price increases by Chinese chip foundries such as TSMC could give Samsung Electronics a competitive advantage in terms of price. TSMC Chairman C. C. Wei cited rising costs as the reason for the company’s price increase at a June 4 shareholders’ meeting. Nvidia CEO Jensen Huang also agreed with this view, believing that current chip foundry prices are too low. Industry observers expect TSMC to increase prices in the second half of 2024. It is reported that TSMC’s 3nm process orders are full until 2026, and prices are expected to rise by more than 5%. The price of chips on wafers on substrates […]
According to foreign media reports, in May, the number of new passenger car registrations in Germany fell 4.3% year-on-year to 236,425, affected by the sharp decline in sales of electric vehicles (including pure electric vehicles and plug-in hybrid vehicles). In May, German electric vehicle sales fell 23% year-on-year to 43,746, with a market share of 18.5%, compared with 22.9% in the same period last year. However, it should be noted that after entering 2024, Germany has cancelled the purchase subsidy for electric vehicles. Last month, Germany’s pure electric vehicle (BEV) sales were 29,708, a year-on-year decrease of 31%, with a market share of 12.6%; plug-in hybrid electric vehicle […]
Germany’s largest industry association, the Federation of German Industries (BDI), has made a new wage increase request to Volkswagen, demanding a 7% increase. The decision was made during the ongoing labor negotiations, and the Federation of German Industries said the increase reflects the current high inflation rate and the contribution of corporate employees in the face of economic recovery. According to reports, the wage increase request covers all Volkswagen employees, including production line workers, managers and R&D personnel. A spokesperson for the BDI pointed out in a statement: “In the current economic environment, ensuring that employees receive fair pay increases is essential to maintaining the stability of industrial […]
Tesla is expected to have another tough quarter as expectations for its electric vehicle deliveries decline, according to foreign media reports. Last quarter, Tesla had delivery difficulties, delivering only 386,810 vehicles, a 20% decrease from the previous quarter and an 8.5% decrease from the previous year. Given Tesla’s pivotal position in the electric vehicle industry, the company’s sales decline has also dragged down overall electric vehicle sales, especially in the US market. In the first quarter, Tesla encountered some practical problems that affected production, such as the production line transformation and upgrade of Tesla’s Fremont factory to increase production of the new Model 3; in addition, the Berlin […]