1. China and Europe Agree to Start Consultations on EU Anti-Subsidy Investigation into Chinese Electric Vehicles

On June 22, Chinese Minister of Commerce Wang Wentao held a video meeting with European Commission Executive Vice President Dombrovskis. The two parties agreed to start consultations on the EU's anti-subsidy investigation into Chinese electric vehicles. This move marks a step towards deeper communication in the trade field between China and Europe, aiming to resolve trade disputes through dialogue and maintain stability in economic cooperation.

2. FAW Hongqi and NIO Reach Charging Interconnectivity Cooperation

FAW Hongqi and NIO have reached a charging interconnectivity cooperation agreement. In the future, the two parties will work together to provide more convenient services for users and jointly build a new ecosystem for intelligent electric vehicle energy. This cooperation not only enhances the user experience but also promotes technical exchanges and resource sharing in the new energy vehicle sector, driving the overall industry development.

3. Taobao and Xiaomi Collaborate on "Virtual Test Drive"

Taobao Vision Pro version has been updated to 2.0, and Xiaomi SU7 has opened "virtual test drive" reservations on the Taobao Vision Pro homepage. This innovative measure will provide consumers with a new car-buying experience. Through virtual reality technology, consumers can conveniently test drive new cars from home, enhancing the convenience and interactivity of car purchasing.

4. Great Wall Motors Plans to Build New Factories in Malaysia, Indonesia, and Vietnam

Great Wall Motors ASEAN Regional President Cheng Jinkui revealed that the company plans to build new factories in Malaysia, Indonesia, and Vietnam within the next two years to achieve local assembly. This move aims to further expand the Southeast Asian market, enhance Great Wall Motors' competitiveness in the international market, and contribute to local economic development.

5. Dongfeng Nissan Responds to Changzhou Factory Shutdown

Dongfeng Nissan responded to the media, stating that based on changes in overall strategy and business environment, the company is optimizing and adjusting internal production capacity and resources, increasing the layout and investment in production lines for new energy models. The shutdown of the Changzhou factory is part of the company's strategic adjustment to better adapt to market demand changes and improve operational efficiency.

6. Spy Photos of All-Electric Porsche 718 in China Exposed

It is reported that the all-electric Porsche 718 is expected to make its debut at the end of the year and is planned to be launched overseas in 2025. The exposed spy photos in China show that the all-electric Porsche 718 retains classic elements in its design while incorporating the technological feel of modern electric vehicles, providing consumers with a performance and environmentally friendly sports car option.

7. Evergrande New Energy Vehicles Enforced with 180 Million Yuan

Data from Qichacha shows that Evergrande New Energy Vehicle Investment Holding Group Co., Ltd., and China Evergrande Group have recently added a new enforcement information with an enforcement target of more than 180 million yuan. This news once again draws market attention to Evergrande New Energy Vehicles' financial status, making it urgent for the company to resolve its debt issues.

8. South Korea's Automobile Exports Expected to Hit Record High in 2024

The Korea Automobile Manufacturers Association stated that thanks to strong demand for environmentally friendly and SUV models, South Korea's automobile export value in 2024 is expected to hit a record high. As global demand for environmentally friendly and high-performance models increases, South Korean automakers will continue to focus on technological innovation and market expansion to achieve higher export targets.

9. Ford Insists on Halting Focus Production in Germany

Ford announced that even if the EU decides to relax its zero-emission plan, the company will not change its plan to halt production of the Focus compact car in Germany in 2025. Ford's decision demonstrates its firm commitment to the transition to electrification, with plans to concentrate resources on developing and producing more environmentally compliant electric models.

10. Jeep Extends Production of V8 Wrangler by One Year

Jeep announced that although its parent company Stellantis is gradually phasing out large-displacement engines in the electrification transition, it will extend the production of the Wrangler SUV equipped with the Hemi V-8 engine by one year. This decision reflects Jeep's recognition of market demand for traditional large-displacement engine models while gradually advancing its electrification transition strategy.