China Electric Propulsion Vehicle Manufacturer, Supplier, Factory

BMW Group CEO (Oliver Zipse) once again severely criticized the EU's planned tariffs on Chinese electric vehicles at last Wednesday's financial results meeting and suggested resetting carbon emission assessment targets.

Recently, at the 2024 annual performance conference of Geely Automobile (0175.HK), An Conghui, the President of Geely Holding Group and CEO of Zeekr Technology Group, revealed that the new large SUV under the Lynk & Co brand, the Lynk & Co 900, will start pre-sales on March 25 and officially launch in late April. This vehicle is developed based on the SPA Evo large electric hybrid vehicle exclusive architecture and is the first to be equipped with the NVIDIA Thor autonomous driving chip, adopting the Qianli Haohan H7 autonomous driving solution. Meanwhile, the new large SUV under the Zeekr brand, the Zeekr 9X Glory, will debut at the Shanghai Auto Show opening in April and go on sale in the third quarter. Notably, the Zeekr 9X Glory will be equipped with the L3-level Qianli Haohan autonomous driving solution.

On April 23, we learned from the official that Radar Horizon, a pickup truck under Radar Motors, will be launched today. Blind ordering for new cars has been opened previously.

Some time ago, the Office of the US Trade Representative (USTR) issued an announcement to increase tariffs on a variety of Chinese imports. The most exaggerated is to increase the tariffs on Chinese electric vehicles from 25% to 100%, which will take effect from August 1 this year.

The four major processes of automobile manufacturing are stamping, welding, painting and final assembly.

On June 12, the European Union Commission issued a preliminary ruling on the anti-subsidy investigation of electric vehicles in China, proposing to impose temporary countervailing duties on electric vehicles imported from China.