Hyundai Motor plans to invest US $ 51.8 billion over the next six years to develop electric vehicles and autonomous driving technologies.

Editor’s note: This article comes from “ Future Car Daily ” (WeChat public ID: auto-time), author: NIU Xiao Tong.

Carmen Newsletter | Qingdao Wudaokou will become Chery's largest shareholder; Volkswagen is raided again due to emissions scandal; Tesla is expected to deliver Model Y in advance

Finishing | Niu Xiaotong

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Chery’s capital increase and share expansion project is finalized, Qingdao Wudaokou invested 14.45 billion yuan into the largest shareholder

On December 4, the Yangtze River Equity Exchange issued an announcement saying that Chery Holdings Group Co., Ltd. and Chery Automobile Co., Ltd. have completed capital increase and share expansion projects, and Qingdao Wudaokou New Energy Automobile Industry Fund Enterprise (limited partnership) (hereinafter referred to as Qingdao Wudaokou ) Become a new shareholder of Chery Holdings and Chery Shares. After the completion of the capital increase and share expansion transactions, Qingdao Wudaokou’s shareholding in Chery Holdings and Chery will reach 51%. ( Future Car Daily )

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Volkswagen headquarters again raided for diesel emissions scandal

German prosecutors raided Volkswagen’s headquarters in Wolfsburg on Tuesday, the latest investigation into a Volkswagen diesel scandal. Volkswagen said that it is fully cooperating with the investigation by the relevant departments, and considers the investigation to be unfounded. The raid was related to an investigation of EA288 diesel vehicles. During the simulation process, vehicles equipped with EA288 engines did not show that the diesel filter was faulty and met emission limits. In 2015, Volkswagen acknowledged cheating in US diesel engine emissions testing. ( Tencent Finance )

Hundreds of online rental bicycles have been scrapped in Hangzhou, and the company has overdue untreated waste recycling

He Xiaopeng: It takes time for the company to make a profit, and the car market should practice its “internal skills” in the cold winter

Xiaopeng Automobile Chairman and CEO He Xiaopeng said recently: “Xiaopeng Automobile now has revenue, but it will take some time for the company to make a profit.” He Xiaopeng believes that delivery to 10,000 vehicles is a new step, starting from 1 10,000 to 100,000 is the next newer and harder step. “If we just do a good job unilaterally, I don’t think it’s enough. The products, differentiation, cost control, scale, brand, and operating efficiency are all good.” ( Daily Economic News )

Yao Jie, Deputy Secretary General of the China Automobile Association: New energy vehicles urgently need to shift from policy-driven to market-driven

During the “Antai Symphony” summit forum in Shanghai Jiaotong University recently, Yao Jie, deputy secretary general of the China Automobile Industry Association, said in an interview that China’s new energy vehicle market is still under traditional support policies such as subsidies and road rights. In the dominant market, although policies such as subsidies promoted the initial formation of the market, it is short-term in itself. He believes that the next step in the development of new energy vehicles should focus on technological innovation and channel innovation. Whether it is policy or autonomous behavior of enterprises, they should change to the direction of innovation. ( First Finance )

Futian Automobile: Increase capital to Anpeng Zhongrong Automobile by 356 million

Futian Automobile released Announcement said that the board of supervisors Agreeing that Foton Motors will increase capital of 356 million yuan to Beijing Anpeng Zhongrong Automobile in accordance with the share ratio for use by Anpeng Zhongrong Automobile to increase capital in Beijing CRRC Xinrong Financial Leasing Co., Ltd. and Anpeng International Financial Leasing (Shenzhen) Co., Ltd. The source of funds is own funds. (Future Car Daily)

Fujian Benz CEO: The demand for high-end MPVs continues to increase, and the Chinese market still has great potential.