In a striking turn of events, SAIC General Motors (SGM), once a beacon of China's thriving automotive industry, now confronts a significant downturn. With sales plummeting by nearly 40%, the company is reportedly planning an extended break for its production line workers, potentially affecting all major production bases across China. This extended leave, rumored to last 2 to 3 months, is not merely a high-temperature holiday, traditionally a respite for workers during the hottest months.Instead, it's a direct response to the rapid decline in SGM's vehicle sales.The move raises questions about the continuity of wages for production line employees during this period. ...

Special episode for BYD new DMI system and launch of their 2 new cars, Qin L and Seal 06 DM-i. Will this become a new game changer for the automotive industry?

Welcome to the China EV Weekly, your go-to podcast for the latest insights and trends shaping the electric vehicle landscape in China and beyond. Today we will cover you 01:05 China's Electric Vehicle Industry Embraces Battery Swap Technology 02:47 Turkey Engages in Advanced Talks with BYD and Chery for Factory Investment 04:28 SAIC Motor and Audi Sign Formal Cooperation Agreement to Launch New Electric Models by 2025 05:19 Polestar is reported of Violating NASDAQRegulations 06:57 Xiaomi SU7 Smart Driving Failures Lead to Car Buybacks 07:59 CATL Chairman Mobilizes for Global Expansion: "Heroes" Who Go Overseas 09:34 Faraday Future Revives from DelistingThreat 11:25 BYD Launches Electric Double-Decker Bus BD11 in the UK with New Blade Battery 12:42 Brazilian Market Draws Chinese Automakers Amid Rising Tariffs So, buckle up and let's power up for this week! Full scrip for today's podcast you will be able to find here. https://mp.weixin.qq.com/s?__biz=MzkyNjcwMzM2Nw==&mid=2247483666&idx=1&sn=0964703cb12e7585b15f30459eb8a4e0&chksm=c2320b7af545826c9b073bcb3a693ca8cc1d834d5b2df8cfc1211f0e8e1aa906b0c8a131666a&token=2125202436&lang=zh_CN#rd

Welcome to another episode of "ChinaEV weekly," your dedicated podcast for all the latest and most relevant news in the electric vehicle industry in China. Today, we will cover you 01:16 - NIO launch their second brand Onvo（乐道）, aiming for its Second Growth Point 04:20 - Xiaomi Expands Production: "DoubleShift Mode" and Phase II Factory Land Enters Demolition Stage 05:44 - Leap Auto (零跑汽车) launch their International JV together with Stellantis 07:10 - Aiways Auto (爱驰汽车）Shifts Focus to Europe with Planned Spac Listing in the U.S., whilegiving up China market 09:32 - Li Auto Initiates Personnel Optimization 11:21 - Honda's Financial Triumph and the Chinese Market Challenge 14:01 - GAC Honda Initiates Major Layoffs Amid Industry Shift 16:09 - And last but not least, we will follow upon the US new tariff towards Chinese eV cars. So let's buckle up, get the e-machine start!

In the spotlight this morning, we have seen the announcement from the Biden administration regarding new tariffs on a spectrum of products, with a particular focus on Chinese electric cars and other key items. Our feature for today will be an in-depth analysis of the potential ramifications these new tariffs could have on China's electric vehicle and lithium-ion battery exports. Stay with us as we delve into the details.

00:35 Toyota to Adopt BYD's DM-i Hybrid System" 03:43 France expressing a warm welcome for BYD's potential factory establishment. 05:23 BMW CEO Warns the EU: Imposing Tariffs on Chinese Electric Vehicles is 'Shooting Oneself in the Foot' 08:40 NIO has taken another leap forward with the launch of their 1500 kwh semi-solid state battery. 11:42 Shanghai Lingang district Approves Tesla Energy Storage Megafactory Project 13:20 SAIC Volkswagen Finally Gains R&D Autonomyto Break Through the Darkest Hour

This week, we bring you below :) 00:00 Elon Musk's Whirlwind 23-Hour Visit toChina Leaves Questions. 00:00 Huawei Aims for 500,000 Smart Driving Carsby 2024. 00:00 Hangzhou to Allow Unmanned AutonomousVehicle Operations Starting May 1st. 00:00 CATL targets to produce Solid-State BatteryMilestone from 2027. 00:00 Lamborghini's Shift to Tech-Centric Luxury in China 00:00 2024 Beijing auto show headlines.

00:39 Tesla cut more employees and cost in China to keep up the competition. 02:55 Xiaomi's automotive next car. 04:19 SAIC Motor announced the appointment of iconic Bugatti Veyron supercar designer. 05:40 Polestar launched the Polestar Phone in Shanghai. 07:05 China continues to assert its dominance in the global automotive export market, with robust growth in Q1 2024