On June 27, 2025, it was reported that FAW Qixin Power (Changchun)

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NewsFlash / Cobalt & Lithium

Jun 27, 2025 19:16

Source:SMM

On June 27, 2025, it was reported that FAW Qixin Power (Changchun) Technology Co., Ltd. was established with a registered capital of 500 million yuan, wholly owned by China FAW Group. The company's business scope includes intelligent robot development and sales, as well as AI application software development. This marks an important strategic move by FAW Group in the field of intelligent technology. In recent years, FAW Group has been actively promoting intelligent transformation, including the establishment of FAW (Nanjing) Technology Development Co., Ltd. and the development of multiple intelligent connected vehicle projects. Looking ahead, FAW Group will continue to leverage the technical advantages of the new company to deepen its efforts in key areas such as intelligent vehicle development and intelligent manufacturing upgrades, injecting strong momentum into the intelligent transformation of the automotive industry.

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[SMM Analysis]Ryosei Akazawa, Japan's chief trade negotiator, emphasized that Japan could not accept the US's imposition of a 25% tariff on imported cars. He pointed out that Japanese automakers produced approximately 3.3 million units in the US annually, significantly exceeding the 1.37 million cars they exported to the US. In addition, these Japanese automakers have invested over $60 billion in the US and created 2.3 million local jobs.

Jun 29, 2025 13:43

Selected News Analysis

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Selected News

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Analysis

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Analysis

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Analysis

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