The cost of driverless taxis is about 20 yuan / km.

Editor’s note: This article is from “Future Car Daily” (WeChat public ID: auto-time), author: Terence Lee Nan.

Carmen Newsletter | Former BMW and Qoros executives join FF; Daimler layoffs to cut costs by $1.1 billion; SAIC plans to break overseas by 20 million in 2025

Organization | 李梓楠

Headline

FF successfully recruited former BMW and Qoros executives to promote equity financing

On November 15, Faraday announced two new high-level appointments: BobKruse will join FF this month as senior vice president of product implementation; BenedictHartman will join FF in January 2020 as senior supplier of global supply chain organizations vice president. FF CEO Bi Fukang said that he has begun to look for the company’s chief financial officer, and the newly recruited CFO will be a member of the 2021 initial public offering. According to the company’s latest plan, FF91 will begin delivery within about 9 months after successful completion of equity financing. (Future Car Daily)

Daimler layoffs, goal cuts $1.1 billion in costs

Daimler said on November 14 that it plans to cut the number of employees in its Mercedes-Benz automotive division to save costs and help the company transition to autonomous driving and electrification. Daimler said that the goal of the layoffs is to save more than 1 billion euros (about 1.1 billion US dollars) by the end of 2022. (Future Car Daily)

Features

Development and Reform Commission: Accelerate the upgrade of cars from traditional travel tools to smart mobile space

Development and Reform Commission issued “Promoting Advanced SystemThe Implementation Opinions on the Deep Integration of Manufacturing and Modern Service Industry, proposes to improve the entire chain system of automobile manufacturing and service. Accelerate the upgrade of cars from traditional travel tools to smart mobile spaces. Promote the intelligent development of automobiles and accelerate the construction of an industrial ecosystem. Strengthen data mining applications such as vehicle conditions, travel, charging and discharging, and provide support for automobile manufacturing, urban construction, and power grid transformation. Accelerate the construction of charging facilities, encourage qualified places and fields to explore the development of power exchange and battery rental services, and establish a power battery recycling management system. (Future Car Daily)

Hangzhou Youth Auto Bankruptcy

On November 14, the People’s Court network information showed that the bankruptcy property of Hangzhou Youth Automobile Co., Ltd. has been distributed. According to Article 120 of the Enterprise Bankruptcy Law of the People’s Republic of China, the court was in October 2019. On the 21st, the ruling ended the bankruptcy procedure of Hangzhou Youth Automobile Co., Ltd. (Radar Finance)

Modern spends $400 million to expand its plant to start production of pickup Santa Cruz.

Recently, according to foreign media reports, Hyundai Motor will spend 410 million US dollars to expand the Montgomery plant in Alabama, USA, to launch the sports multi-functional pickup Santa Cruz, which was unveiled at the 2015 North American Auto Show. It has been difficult to find a suitable factory for manufacturing and has not been listed yet. Hyundai Motor hopes that the expansion of the plant will enable the Santa Cruz model to start production in 2021. (Car Home)

BYD has won the largest pure electric bus order in the Americas

On November 14th, local time, BYD won the bid for 379 pure electric buses in Colombia, and the bidding period was 15 years. This batch of buses is scheduled to be delivered to local bus operators in the second half of 2020. This is the largest pure electric bus order in Colombia so far, and it is also the largest pure electric bus order BYD has in the Americas. (Securities Times)

“Taxi ETC” program landing in Shenzhen

On November 15th, the “Taxis ETC” program was launched in Shenzhen. The program is jointly developed by Shenzhen Transportation Bureau and Shenzhen Taxation Bureau of the State Administration of Taxation together with Tencent WeChat Payment and Highlight Technology ETC Assistant. The first “Taxis ETC” solution. Based on the open capability of WeChat and WeChat payment, the solution realizes the combination of ETC vehicle OBU equipment and taxi meter directly, and realizes the combination of taxi fare and toll collection and simultaneous electronic invoice. At present, the first batch of 1,000 pilot taxis of Shenzhen Taxi ETC have all completed the ETC installation and transformation work, and the next step will be implemented in Shenzhen. (Interface News)

Automobile Distribution Association Shen Jinjun: To increase the inventory growth of the auto market

On November 15, 2019 China Automotive Circulation Industry Development Forum was held in Xiamen. Shen Jinjun, president of the China Automobile Dealers Association, said that the Chinese auto market has entered the stock market, and it is necessary to enhance and strengthen the interaction between the new and used cars, and to increase the inventory by revitalizing the stock. (澎湃新闻)

SAIC plans to exceed 1 million overseas sales in 2025

Recently, Yu De, Assistant President of SAIC Group and General Manager of International Business Department and General Manager of SAIC International, introduced the SAIC Group’s overseas business objectives in the next five years in an interview with the media: 350,000 vehicles in 2019; 500,000 vehicles; 600,000 vehicles will be realized in 2022; by 2025, it is expected to reach 1 million vehicles. (Car Home)

Audi sold 149,000 units worldwide in October, up 26.8% year-on-year

Audi official sales data shows that in October this year, Audi’s global sales reached 149,000 units, an increase of 26.8%; from January to October, Audi’s global sales reached 1.506 million units, down 1.2% year-on-year. Among them, Audi’s sales in the Chinese market reached 60,154 units in October, an increase of 6% year-on-year; from January to October, Audi’s cumulative sales in the Chinese market reached 551,194 units, an increase of 2.1%. (Car Home)

Baidu: The cost of driverless taxis is about 20 yuan / km

The technical director of Baidu Smart Driving Group, Tao Ji, introduced at the 2nd International Automobile Intelligent Sharing Travel Conference in 2019. According to Baidu’s unmanned driving team’s operation, the current cost of unmanned taxis per kilometer is 20 yuan. Around the left, the cost of the vehicle itself and the operating cost are each half. (Car Home)

Mercedes-Benz’s global sales in October reached 207,800 units, a year-on-year increase of 3.2%

According to the official sales data, in October, Mercedes-Benz (including the smart brand) sold 207,762 vehicles worldwide, a year-on-year increase of 3.2%. Among them, the sales volume of Mercedes-Benz brand was 199293, an increase of 4.9% year-on-year, which set the record for the best sales in October. From January to October 2019, the cumulative sales volume of Mercedes-Benz brand was 1,924,536 vehicles. The auto market continued to achieve 1.0% year-on-year growth. The smart brand sold 8469 units in October, down 24.4% year-on-year; from January to October 2019, the cumulative sales volume of smart brands was 96,645 units, down 10.5% year-on-year. (Car Home)

New Technology

The BMW Group’s new battery technology center was officially opened in Munich, Germany

A few days ago, the BMW Group’s new battery technology center was officially opened in Munich, Germany. Mr. Qi Pu Ce, Chairman of the BMW Group, said: “The new battery technology center will bring unique advantages to the BMW Group: taking the current battery core used in the BMW i3 as an example, we will double the energy density of the battery by 2030. To provide our customers with twice the pure electric range (at the current level).” (China Economic Net< /a>)

Carmen Newsletter | Former BMW and Qoros executives join FF; Daimler layoffs to cut costs by $1.1 billion; SAIC plans 2025Annual sales exceeded 1 million units