1. Tesla’s market value has evaporated by US$80 billion, which is more than the combined market value of General Motors and Ford.
According to foreign media reports, after failing to enter the S&P 500 Index, Gasgoo Automobile Co., Ltd. failed to enter the S&P 500 Index on September 8. Tesla's market value evaporated by approximately $80 billion on Sunday, a figure that exceeds the combined market value of General Motors and Ford Motor Company.
Model?3, picture source: Tesla official website
On that day, Tesla’s stock price fell by 21.06, setting the largest single-day decline in history, intensifying the sell-off of technology stocks. tide. On the morning of September 8, the amount of short-selling Tesla shares reached $25.03 billion, of which approximately 8.10% of the issued shares were short-sold. Earlier this year, technology stocks dominated Wall Street's recovery from the coronavirus crash.
In July this year, Tesla released its latest quarterly financial report, achieving profitability for the fourth consecutive quarter, clearing a major obstacle for the stock to be included in the S&P 500 Index. Wall Street analysts and investors generally Think the S&P 500 will include Tesla.
However, what is unexpected is that S&P Dow Jones Indices decided to include online crafts seller Etsy, semiconductor equipment manufacturer Teradyne, and pharmaceutical technology company Catalent, but not Tesla.
Frank Schwope, an analyst at Norddeutsche Bank (NORD/LB) in Germany, said: “On the one hand, the decline in Tesla’s share price is due to the fact that it was not included in the S&P 500 index, and on the other hand, the company’s market value Normal performance. ”
Tesla’s recent stock price rise has been driven by its excellent quarterly results and investors’ bets that it will be included in the S&P 500 Index. , will trigger massive demand for Tesla shares from index funds that track the benchmark. (Source: Gasgoo? Nebula)
2. France’s investment of 7 billion euros in the development of hydrogen energy may offset Paris’ carbon emissions for one year
Gasgoo According to foreign media reports, the French government stated , plans to spend 7 billion euros to help industrial processes and transportation use clean hydrogen energy; it is expected that by 2030, the reduction of carbon dioxide emissions will be equivalent to the carbon emissions of Paris for one year.
Image source: French official website
The global race to increase the scale of hydrogen energy has begun, and Europe regards hydrogen energy as the key to the future energy structure. However, currently using renewable energy to produce hydrogen energy from water is more expensive than extracting hydrogen energy from fossil fuels, so government subsidies are needed to support and reduce costs.
The French government said on September 8 that it will hold a public tender as early as 2021 to build a clean hydrogen energy center and electrolyzer factory, with the goal of reaching an installed capacity of 6.5 gigawatts by 2030. ; The country also plans to fund refineries, chemical plants and production equipment factories that use hydrogen energy (such as the production of fuel cells that convert hydrogen energy into electricity). The French government estimates that the clean hydrogen energy plan will reduce carbon emissions by more than 6 million tons within 10 years.
Florent Menegaux, chairman of French tire manufacturer Michelin, said in a statement: "Hydrogen energy travel will be one of the key elements in clean energy travel and will supplement electric vehicle batteries." 9 On March 8, he said in Paris: "Cities with heavy traffic will develop zero-emission areas. By 2030, we will definitely have hundreds of thousands of hydrogen energy vehicles in Europe."
Michelin Tires and Zero Emissions Component supplier Faurecia reiterated its plan to invest 140 million euros in France in 2025 to build a hydrogen energy fuel cell factory with a production capacity of 20,000 units. Menegaux said the fuel cell will be in production within two years.
The Michelin-Faurecia joint venture Symbio plans to lead the field of fuel cells and is expected to achieve operating income of approximately 1.5 billion euros by 2030. Currently, the field is dominated by Hyundai, Toyota and Canada's Ballard Power Systems.
(Source: Gasgoo? Gu Jiaojiao)
3. BYD’s new battery factory in Brazil has been put into operation
Gasgoo According to foreign media reports, recently, a new battery production factory established by BYD in Brazil has started production. operations. BYD has previously established two other companies in Brazil, namely an electric bus chassis factory established in 2015 and a photovoltaic module factory established in 2017.
BYD blade battery, picture source: InsideEVs
The newly established battery factory is located in Manaus. The factory is small in scale, covering an area of ??only 5,000 square meters, and the initial investment is The amount is only 15 million reais (about 2.7 million U.S. dollars). Foreign media estimate that the factory is only responsible for producing modules that accommodate lithium iron phosphate (LFP) batteries, not batteries. The annual output of the factory will reach 18,000 battery modules, of which 1,000 will be produced in September.
Tyler Li, manager of BYD's Brazilian branch, said: "This factory has a high degree of automation and will use robots for manufacturing, ensuring the quality and safety of the products. Currently, we can produce 48 batteries per day Modules. The operation is fast, the technology is high, and Manaus has a complete assembly infrastructure to deliver batteries faster and more safely.”
The batteries produced by the factory will be mainly used in BYD’s buses. superior. The factory's first project is to supply batteries for 12 22-meter-long articulated buses in the city of S?o José dos Campos in the state of S?o Paulo.
In Brazil, BYD also sells electric forklifts and has built two aerial cable car monorail projects. But so far, the demand for electric vehicles in the Brazilian market is not very high. BYD employs 365 people in several Brazilian cities and hopes to use Brazil as a base to supply its products to the South American market. (Source: Gasgoo? Nebula)
4. Will robots be sidelined? Tesla’s German factory will use 8 casting machines to produce car bodies
Gasgoo According to foreign media reports, a People familiar with the matter said that the production efficiency of robots is not high enough for Tesla's German factory. Tesla plans to replace hundreds of robots with huge aluminum casting machines to produce chassis parts with simpler structures.
Tesla factory, picture source: Tesla official website
Tesla has always been working hard to increase production through high-tech automation. In 2018, the company was forced to ship an entirely new production line from Germany because robots at the Nevada factory failed to coordinate seamlessly.
Tesla CEO Elon Musk previously stated that in the production of the new Model Y, the company will use an aluminum casting machine to produce an integrated component to replace the previous 70 parts glued to the rear half of the body. Sources revealed that this is just the beginning of new automated production, and the vehicle's front module and other components will also use new manufacturing processes.
On August 13, Musk said on Twitter: "It will be amazing to see the casting machine in action. This is the largest casting machine ever. It will be used for the rear body (including anti-collision beam),” but he did not disclose when and where the company would launch this equipment. Tesla did not respond to a request for comment.
On September 7, Tesmanian, a blog that specializes in Tesla news, stated that the company’s new factory in Brandenburg near Berlin will be equipped with eight “Gigapress” machines.
Traditionally, automobile bodies are composed of multiple stamped metal plates. This design allows manufacturers to set crumple zones on the body to cushion the impact in the event of a collision. However, in the German Gigafactory, Musk formulated a new production method.
The source revealed: "He wants to use modules to make the body, and the number of modules should be as small as possible. He sees casting as a new production method. Just like casting toy cars out of metal .
The source also said that the Gigapress casting machine is similar in size to a small house and will be supplied by Italian company IDRA Srl. IDRA declined to comment. The company previously said that it supplied the first Gigapress to a North American automaker, but The automaker was not named.
Aluminum has proven difficult to use in large parts because the metal is difficult to stamp into complex shapes. The parts need to be glued or riveted because welding can cause the metal to deform. Sandy Munro, CEO of manufacturing consulting firm Munro Associates, has previously criticized Tesla's manufacturing process. He expressed his appreciation for the improvements Tesla has made this time, saying in a recent speech with consulting firm Frost & Sullivan: "When Tesla first started making cars, we were very picky about them. . At that time, their vehicles had huge gaps, welds were spattered everywhere, and nothing was suitable. "But he later said that the transition from Model 3 to the larger Model Y allowed Tesla to improve its manufacturing process step by step. (Source: Gasgoo Nebula)
5. Volkswagen CEO Diess test-drove Tesla Model Y
Gasgoo According to foreign media reports, Tesla CEO Elon Musk visited Germany and had a meeting with Volkswagen Group CEO Herbert Diess held a meeting. Some media reported that during this meeting, Musk test-drove Volkswagen’s ID.3 on the airport runway and also viewed Volkswagen’s upcoming cars. ID.4.
Model?Y, picture source: Tesla official website
Generally, car companies will hire other people or even buy a competitor’s car themselves As a benchmark. However, although Musk is unlikely to use Volkswagen's electric cars as a benchmark, Volkswagen has regarded Tesla as its "model". Diess revealed that he also test-drove Tesla's Model Y. , he believes that the public can refer to Tesla’s new model in many aspects.
Diess said: “Of course, I also test drove the Tesla Model Y with my colleague Frank Welsch. . In many aspects (not all aspects!) this car can provide us with reference: such as usage experience, upgradeable performance, driving characteristics, performance of top models, charging network and cruising range. ”
Diess also said that, like ID.3, Model Y is also built on a dedicated electric vehicle platform, so it has its own advantages. Unlike other car companies, Tesla and Volkswagen do not Diess said other car companies will not be able to produce the best electric cars if they continue to rely on internal combustion engine vehicle platforms for development. .
Previous rumors suggested that Volkswagen and Tesla might reach a cooperation, but Diess soon clarified that there would be no cooperation between the two parties. However, people’s speculations were not groundless. After all, It is rare for the CEO of one car company to allow the CEO of another car company to test drive his car and let the other party see his product before its official release. (Source: Gasgoo? Nebula)
6, Panasonic will add production lines to Tesla Nevada Gigafactory
Gasgoo Motors According to foreign media reports, Panasonic confirmed plans to expand production capacity at Tesla Nevada Gigafactory next year and add a new line Production line to produce more cells
Tesla Nevada Gigafactory, image source: Wikipedia
Panasonic is Tesla’s long-term battery supply partner, but in the past. Midway through the year, there were numerous reports that Tesla's partnership with Panasonic was deteriorating.
The conflict between the two parties began when Tesla sent a clear signal that it intended to produce its own battery cells. However, the actual situation is that in the foreseeable future, Tesla still needs to purchase battery cells from its partners.
But now, the relationship between Tesla and Panasonic seems to have eased. Panasonic previously announced that Tesla's Nevada Gigafactory, which produces battery cells for Tesla, has become profitable. Soon after, Panasonic signed a new contract with Tesla.
In the past few months, there have been reports from Japan that Panasonic plans to increase investment in the Nevada Gigafactory to increase cell production. Today, Carl Walton, Vice President of Production Engineering and Facilities at Panasonic Energy North America, confirmed the news. He told the media: "In the next few months, we will carry out some construction work. Then, at the beginning of next year, we will install new equipment and it will be put into production soon." The new production line is expected to make the factory The production capacity is increased by about 10.
Walton confirmed that Panasonic will hire an additional 100 employees for this capacity expansion: "This capacity expansion will add approximately 100 positions. We feel that we can continue to invest in the northern Nevada community and the people here." Very happy."
He also revealed that Panasonic has begun upgrading existing equipment to produce batteries with less cobalt content. "This work has now begun, and we have begun to upgrade existing equipment. The equipment is modified so that this kind of battery can be produced. "It is reported that the energy density of the new battery has been increased by 5, and it is possible to increase by 20 in the next few years, and the production cost is also lower. But Walton declined to confirm this.
Previously, it was reported that Panasonic will invest US$100 million in Tesla's Nevada Gigafactory in order to expand production capacity. More information about the project is likely to be announced at Tesla's Battery Day on September 22, when Tesla will detail its plans to ensure long-term battery supply. (Source: Gasgoo Nebula)
7. Uber will spend US$800 million to achieve full electrification by 2040
Gasgoo According to foreign media reports, on September 8 , Uber Technology Company (Uber) stated that by 2040, all cars on its global ride-hailing platform will be converted to electric vehicles; by 2025, it will invest US$800 million to help drivers switch to electric vehicles, including providing Offer discounts when buying a car or renting a car from other partner car companies. Uber previously said it had 5 million drivers worldwide.
Image source: General Motors
Under the above goals, on September 9, Uber and General Motors announced a new partnership. GM will offer Uber drivers in the U.S. and Canada an employee discount when they purchase a Chevrolet Bolt electric vehicle, and Bolt parts, including home charging stations, will be discounted by $20 off the retail price.
After Uber purchased 2,000 LEAFs from Nissan for use in its fleet in London, the company also announced a wide-ranging memorandum of understanding with Renault and Nissan. Uber said the partnership will expand to France by the end of 2020, with "expansion into the Netherlands, Portugal and other markets expected in the future." Uber drivers within the scope of the cooperation will be able to drive Renault ZOE and Nissan LEAF electric vehicles, as well as "more new electric vehicles produced by the two companies in the future"; by 2025, seven European capitals (Amsterdam, Berlin, Brussels, Lisbon, London , Madrid and Paris) are expected to account for 50% of the total miles traveled on the Uber platform.
Uber’s cooperation with General Motors and the Renault-Nissan Alliance is concentrated in the United States, Canada and Europe. The company said it is also discussing cooperation with other automakers.
Uber said that in addition to discounts on pure electric vehicles, the $800 million in funds it provided also included charging discounts and surcharges on electric and hybrid vehicles, which would be covered by a small additional levy on consumers. The "environmentally friendly travel" fee is partially offset. Uber said that by leveraging regulatory support and advanced infrastructure in the United States, Canada and Europe, it expects vehicles on its platform in these regions to be zero-emission by 2030. The company said its goal is to reduce the overall cost of buying electric vehicles, which are currently more expensive than gasoline-powered vehicles.
Uber also released its carbon footprint data and said it would continue to publish reports in the future.
Uber has long been condemned by environmental groups and city officials, accusing its ride-hailing service of polluting the environment and causing traffic jams, and calling on it to electrify its fleet.
In June, the online ride-hailing company Lyft promised that all its platform vehicles would be converted to electric vehicles by 2030, but said it would not provide direct financial support to drivers.
Uber’s plan may bring good news to the automobile industry. Stricter environmental regulations, especially in Europe, are forcing automakers to spend billions on the transition even as consumer demand for electric vehicles is not yet high.
Uber has also partnered with BP, EVgo and other global charging providers to offer discounts and expand charging stations for its drivers, with the latter often being the largest in terms of adoption of electric vehicles. obstacle. Starting from September 8, 2020, all U.S. and Canadian Uber drivers who drive pure electric vehicles will receive an additional US$1 reward for each ride-hailing service they provide; in major U.S. cities, if passengers book an "eco-friendly ride" If you choose to pay an additional fee, the driver will receive an additional 50 cents bonus. (Source: Gasgoo? Gu Jiaojiao)
8. The number of electric vehicles in South Korea will increase to 1.13 million in 2025, and the number of hydrogen energy vehicles will increase to 200,000.
Gasgoo, according to foreign media reports , On September 7, South Korean President Moon Jae-in announced on the first "International Day of Clean Air for Blue Skies" that the country will invest US$17 billion by 2025. , increasing the number of electric vehicles from the existing 110,000 to 1.13 million, and increasing the number of hydrogen energy vehicles from the existing 8,000 to 200,000.
South Korean President Moon Jae-in; Image source: korea.net
South Korea’s Ministry of Environment stated that it will achieve its electric vehicle growth target with the help of government subsidies. The country also expects to add 45,000 charging stations by 2025. The Moon Jae-in government said this will create 151,000 jobs.
Moon Jae-in also announced more news: By 2025, South Korea’s solar and wind power generation facilities will triple compared with 2019; by 2034, more than 30 coal-fired power plants are expected to be closed. It said that 10 coal-fired power plants will be shut down by the end of 2022, and another 20 will be shut down from 2023 to 2034. Moon Jae-in has not allowed the construction of any new coal power plants since he came to power.
Moon Jae-in said on September 7: The government will introduce more powerful environmental protection measures and work together with the Korean people to regain blue skies. At the end of 2020, South Korea will re-establish its 2030 emission reduction target and plan a 2050 net-zero emissions roadmap. South Korea is the first country in East Asia to commit to net-zero carbon emissions by 2050.
This year’s International Clean Air and Blue Sky Day is a United Nations-designated event initiated by South Korea. This is also the anniversary of Moon Jae-in’s speech at the United Nations in September 2019, in which he proposed the establishment of this event. The official website of the United Nations states: “UN Member States recognize the need to significantly reduce the number of deaths and illnesses caused by hazardous chemicals and air, water and soil pollution by 2030, and will pay special attention to air quality and municipal waste and other waste. Management to reduce the negative environmental impact of cities per capita... Inspired by the growing international focus on clean air, and to emphasize the need for further efforts to improve air quality, including reducing air pollution, to protect human health, the General Assembly decided to set September 7 as International Clean Air and Blue Sky Day” (Source: Gasgoo Motors? Gu Jiaojiao)
9, Hitachi established a new electric vehicle motor company in Kentucky, USA? It is expected to be put into production in 2022.
Gasgoo Motors according to Foreign media reported that parts supplier Hitachi Automotive Systems is establishing a new electric vehicle motor company in Kentucky, USA.
Image source: Hitachi Automotive Systems
On September 4, Hitachi announced that the newly established Hitachi Automotive Electric Systems America subsidiary (Hitachi? Automotive? Electric? Motor? Systems? America , Inc.) will develop, produce and sell electric vehicle motors at its Berea, Kentucky, plant.
The company is expected to start full production in 2022, which will depend on the impact of the epidemic; it is expected that by 2023, the factory will have about 200 employees working on electric vehicle motors, and there will be more in the future Supplies its products to Honda Motor Co., Ltd.
Hitachi said in a statement that for the new company, it will renovate some existing buildings in the factory and plan space to build a new electric vehicle motor production line. The establishment of the new company will further strengthen Hitachi Automotive Electric Systems' business foundation in the expanding electric vehicle market and meet the growing demand for electric vehicle motors in the United States.
Shingo Nakamura will serve as president of the new company. In March, Nakamura was transferred to the U.S. subsidiary of Hitachi Automotive Systems. He was previously the general manager of Hitachi Automotive Electrical Systems' global business unit and the manager of the U.S. business marketing department.
Hitachi Automotive Systems' automotive business sales in 2019 were US$7.46 billion, ranking 34th in Automotive News' top 100 global parts suppliers. (Source: Gasgoo? Gu Jiaojiao)
10, Hyundai Motor and SK Innovation cooperate to develop an electric vehicle battery ecosystem
News on September 8, Beijing time, according to foreign media reports, South Korea Hyundai Motor Co said on Tuesday that Hyundai and Kia will cooperate with SK Innovation to develop an electric vehicle battery ecosystem.
Hyundai Motor stated that the two parties will create a cooperation system that specifically involves multiple business areas such as electric vehicle battery leasing, battery management services, and the reuse and recycling of electric vehicle batteries.
According to Hyundai Motor, both parties agreed on the need to create high added value throughout the entire life cycle of electric vehicle batteries and enhance their eco-friendliness.
A Hyundai executive said that unlike the existing vehicle battery business that focuses on battery supply, this cooperation focuses on the life cycle of the battery, which the two parties define as "battery as a service." This is a virtuous cycle. This cooperation will also be an opportunity to promote a more diverse cooperation system in the future transportation battery industry.
Through this partnership, both parties will reduce carbon dioxide emissions and optimize design while connecting electric vehicles and batteries to establish a virtuous cycle covering all processes in the battery life cycle from production to recycling. This is the first detailed cooperation plan announced since the meeting between Hyundai Motor Group Executive Vice Chairman Chung Euisun and SK Group Chairman Chey Tae-won in July.
Hyundai Motor stated that the two parties will actively seek various methods to maximize the added value and eco-friendliness of electric vehicle batteries. For example, extracting metals such as lithium, nickel and cobalt from car batteries and using electric vehicle batteries for energy storage systems.
The two companies are currently working together to collect and validate battery packs used in Niro electric vehicles. (Source: Sina Auto)
This article is from the author of Autohome Chejiahao and does not represent the views and positions of Autohome.