[BYD New Energy Power Battery production Base settled in Bengbu with a total investment of 6 billion yuan] on the afternoon of December 21, the Bengbu Municipal Government and BYD Co., Ltd. held a contract signing ceremony for the "BYD New Energy Power Battery production Base Project" in Hefei. The signed BYD new energy power battery production base project is located in Bengbu Economic Development District Lingang Industrial Park, with a total investment of 6 billion yuan, mainly engaged in the manufacture of new energy battery batteries, modules and related supporting industries and other core products. The first phase of the project invests about 3 billion yuan, with an annual output of 10GWh power battery, and plans to start construction this year. The first and second phases of the project all reach an estimated annual output value of more than 10 billion yuan after delivery.
[Apple plans to launch the Apple Car in the third quarter of next year] Apple plans to launch its first electric car, the Apple Car, in the third quarter of next year, at least two years ahead of schedule, and dozens of prototype cars are said to be on the road in California.
[Toyota will suspend operations at its factories in Britain and France in response to novel coronavirus's mutation for Christmas] in Britain and France, Toyota's three car manufacturing plants have stopped operations ahead of schedule. As Christmas is approaching, transportation problems and many components are out of stock, these factories choose to close two days ahead of schedule to suspend operations.
[Honda plans to cut production capacity by 40% in India] Honda plans to cut car capacity by about 40% in India. The company, which currently has two factories in India, recently finalized a policy to close one of the factories as early as 2020 fiscal year. The company is currently cutting excess capacity at home and abroad. In India, the operating rate is in the doldrums because of the decline in sales caused by the novel coronavirus epidemic. As a result, Honda is ready to salvage the situation by shrinking production.
[Xiaopeng G3 officially starts overseas delivery] the first batch of 100 G3 smart pure electric SUV exported to the Norwegian market has been delivered to users in 28 towns in Norway. Delivery reaches the Arctic Circle, a move that not only marks the first Chinese smart car delivered within the Arctic Circle, but also makes Xiaopeng the first Chinese smart car brand to deliver directly to European consumers.
[Volkswagen plans to produce an electric car to compete with Model S] the Volkswagen brand will develop an all-electric car for the global market, which will compete with Tesla's flagship model. The new car will be produced at Volkswagen's plant in Wolfsburg, Germany.
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