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Automotive Industry Dynamics: SERES Collaborates with Huawei, Xiaomi Auto Sales Surpass Model 3

Publish Date:2025/01/23

Sort:Supply Chain

Brand:

Xiaomi

Tesla

Seres

Country/Region:

China

Kang Bo, vice president of SERES Group, said at the World Economic Forum Annual Meeting that SERES is committed to its cooperation with Huawei. The Wenjie M8 has been launched, and more new models will be introduced in the future. Kang Bo predicted that the market share of hybrid vehicles will increase. Lei Jun, chairman of Xiaomi Group, said that the delivery volume of Xiaomi SU7 in December 2024 exceeded that of Model 3. NIO has formed a team to research and develop the quadruped robot project. The person in charge, Xu Kang, was an algorithm expert at Momenta. The sales channel layout of the Zunjie S800, a product of the cooperation between Huawei and Jianghuai Automobile, has made progress. The confident model of Great Wall's high - end brand is expected to be launched within 2025, possibly equipped with a 4.0T V8 hybrid system. Nissan announced the construction of a new lithium iron phosphate battery factory in Kitakyushu, with a planned start of production in 2028. CATL released its 2024 performance forecast, with net profit expected to increase by 11.06% to 20.12% year - on - year. Hesai Technology has won the mass production orders for lidar from Dongfeng Motor and Chery Automobile. Luxshare Precision Industry (Henan) Co., Ltd. has been established, with its business scope including the research and development of auto parts. Automobile stocks in the Hong Kong stock market fluctuated and declined, with NIO falling nearly 6%. From January 1st to 19th, the retail sales of the passenger car market decreased by 5% year - on - year, while the retail sales of the new energy market increased by 26% year - on - year. In 2024, the production of new energy vehicles in Beijing was approximately 300,000 units, an increase of nearly three times. Fujian Province has expanded the support scope for vehicle scrapping and renewal, with a maximum subsidy of 20,000 yuan.

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Source:Gasgoo.com

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