Yukihiro Maeda

EU releases possible tariffs for CN EV's: BYD, Geely, and SAIC 17,4%, 20% und 38,1% depending how cooperative they were in the anti-subsidy investigation. For all other EV producers a weighted average of 21% and for all non-cooperative the max. tariff of 38.1% may apply. Before was 10% for CN-->EU and for EU-->CN 15% import tariff but independent of companies. A grace period until 4.July applies to discuss with CN gov if other solution can be found. #batteries #electricvehicles

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Just in time for The Tire Cologne 2024, BBE Automotive GmbH is unveiling an in-depth study on the German tire market! Based on comprehensive research since 2021, including thousands of interviews with car drivers, dealerships, and workshops, we've summarized the key findings in 10 essential insights: 1. Premium and quality tires dominate the market in contrast to Europe as a whole. 2. Brand loyalty is turning into loyalty to quality standards. 3. Budget tires have gained considerable market share and will continue to do so, Speed of growth uncertain. 4. Tires are not a high-interest product, many do not deal with the topic. 5. Growth of the all-season tire sector is as certain as climate change. 6. Purely online players are losing market share: The business model is reaching its limits. 7. Ongoing concentration/consolidation process also at wholesale and workshop level. 8. Demo tires: a segment to think about. 9. Germany is still the largest tire market in EU Europe and neighboring countries. 10. Owning a car is indispensable, but emotional attachment is declining. Stay tuned for more insights from our study and let's connect at The Tire Cologne 2024! Link for the complete study report: https://lnkd.in/gHpnGKxs #TireMarket #AutomotiveIndustry #TheTireCologne2024 #BBEAutomotive #MarketInsights

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New on the EU vs CHINA EV: proposed import tariffs Based on the European Commission’s ‘investigation’ into the subsidies the Chinese automakers they receive from their own government, they propose import tariffs: BYD: 17,4% Geely: 20% SAIC: 38,1% These three were sampled from the automakers that cooperated — those that cooperated but not yet sampled will be subject to the 21% weighted average duty. The EV makers that were not cooperating with the investigation will be hit with 38.1%. There is a special note about Tesla, too: "Following a substantiated request, one BEV producer in China – Tesla – may receive an individually calculated duty rate at the definitive stage." The “substantiated request” is likely what we wrote about in one of our previous EV Universe issues, as Tesla was disappointed it's tariffs would be averaged by Chinese automakers that receive subsidies, while it doesn't receive said subsidies itself. Read more on this and EV news of the world in the EV Universe newsletter: evuniverse.io/subscribe There are 7,150 EV geeks like you and me with us already.

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Instructive for every European, from consumer to car maker, to read the highly positive review by Steve Fowler of Geely's new EV small car it has cheekily named the Panda (although Stellantis will have something to say about that). Looks like it fills the huge, glaring market gap left -astonishingly - by Western car makers, for a seriously cheap but practical 4-seat(just) BEV city car; but one capable of doing slightly longer journeys (124 mile claimed range) and up to 50mph on highway. And all that for what may well turn out in the UK almost to match the price of Citroen's £7.5k-plus, max 30mph, 2 seat, 50-mile range Ami quadricycle. In terms of European producers, next step up from Ami will be Dacia's EV Duster coming in the summer - at £15k- plus. It's time to up the game, chaps. For the many well-intentioned consumers refraining from buying Chinese on principle, the temptation to succumb is poised to become far, far harder to resist.

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Fresh Friday Figures: Daimler Truck has just released its Group financial results for Q1 2024. Here are the key takeaways: ▶️ Solid start into the year with robust profitability in normalizing truck markets ▶️ Stable Group revenue with €13.3 bn, despite expected decrease in unit sales ▶️ Group adj. EBIT rose by 4% to €1.2 bn, Net profit +7% at €847 mn ▶️ Adj. Return on Sales  in the Industrial Business increased by 0.5% pts. to 9.3% ▶️ Strong Free Cash Flow in the Industrial Business with €1.2 bn ▶️ Earnings per share grew to €1.00 (Q1 2023: €0.90) ▶️ Full-year guidance unchanged, headwinds in Europe increasing Key figures at a glance in the slider below, and in the Press Release available in the Daimler Truck Newsroom 👉🏻https://lnkd.in/eQybV228 Daimler Truck AG Daimler Truck North America Mercedes-Benz Trucks Daimler Truck Asia Daimler Buses GmbH Daimler Truck Financial Services GmbH #DTR0CK #Q1

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Happy to attend the Reuters Events: Automotive Europe 2024 in Munich with interesting inputs from different speakers. - Stellantis CEO Carlos Tavares: We need stable framework conditions, political objectives should not be constantly questioned. And protectionism is not the answer to Chinese competition. It leads to more inflation in the domestic markets and weak exports. - Volkswagen’s Group Board Member for Technology Thomas Schmall was also clear: A "Master Plan" is now needed in Europe. The USA had made a decisive strategic step with the Inflation Reduction Act, whereas China is following its own strategy as well. Something similar is lacking in Europe. There are still two to three years to react. - In the panel "How is Government Regulation changing the Automotive Industry Landscape?" I underlined this message. Our current problem is not the CO2 target for 2035, but instead we need flexibility, a robust enabling framework and suitable funding conditions to achieve this goal.

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Chinese state-owned #oem Chery International entered into a joint venture with Spain’s #electricvehicle manufacturer Ebro, which manages the former #nissan assembly facility in Barcelona. The announcement said production of Chery’s Omoda brand, one of three sub-brands including, Jaecoo and Exlantix, would begin later this year at the mothballed complex. Ebro, the majority partner in the #jointventure would begin production of its own #ev soon thereafter. #chery ‘s use of an existing facility allows them to start production more than 18 months ahead of #newenergyvehicle rival BYD, who’s greenfield assembly facility is under construction outside of Szeged, Hungary. Both Chinese #oems are rushing to put facts on the ground ahead of the European Union Commission’s report on Chinese government subsidies for green industries. It is widely expected that the EUC will begin to impose tariffs on imported Chinese vehicles as early as November. Those tariffs would also be retroactive to this past April. European OEMs are forming partnerships and collaborations with Chinese OEMs and suppliers, aiding their entry into the European automotive market even as they seek protection from Chinese imports via the EUC. European governments welcome Chinese investments and the promise of the jobs they would bring. Since Chery now occupies the idled former Nissan plant in Barcelona, does this increase the chances for Ford’s soon to be idled plant in Saarlouis, Germany to be repurposed by a new Chinese manufacturer? Will joint ventures with Chinese companies be the mechanism for collaboration and consolidation in the #automotiveindustry ? #evs #oemsupplier #forecasting #automobilindustrie #autoforecastsolutions https://lnkd.in/e4nsmGag

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My learning from the post of Albert Pujol is, that unfortunately companies in the #automotiveindustry do not fully understand, what the potentials of #artificialintelligence could be specifically in operational areas of their businesses. Current discussions and informations are circulating almost entirely around Generative AI and LLM's. Generative AI is just one (important) part within the world of AI. Other topics like Deep Learning, Machine Learning, NLP etc. are (almost) being left out. And I agree with Albert Pujol: what are 10.000€ to 30.000€ worth compared to the potential benefits that can be created? AI-based digital assistants (Digital Colleagues) can also be a solution, which does not require a 'big investment' and can make a huge difference on improving performance. You need an example from operations? 60% cut in throughput time (cutting the the time, where no value has been added to the product) 50% cut in work-in-progress (means 'inventory' - means 'improving cash') 110% increase of value added time in production process => liquidity/cash improvement Overall result: cutting the number of extra shifts less temporarily workers needed => EBITDA-Improvement Do you need more? Purchasing, Supply Chain Mangement, Sales..... If anyone is interested in details - send me a DM #automotivesupplier #aiinbusiness #transformation #digitalcolleagues

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Great interview of Michael Cole, President and CEO of Hyundai Motor Europe, in Germany’s leading top management publication. Mr. Cole sees Hyundai‘s innovation mindedness, strong and broad product portfolio in all drive train technologies, high yet affordable quality products, a well established brand and innovations in retail, including the recent collaboration with Amazon, as the key to succeed in the increasingly competitive market environment. I couldn’t have summed up our ground-breaking collaboration in better words. A great partnership that is driven by Customer Obsession, Innovation and Trust. 🤝 Manager Magazin: In the USA, Hyundai now also wants to cooperate with Amazon to sell cars. Is this really the right way? Michael Cole: Yes, we are convinced of it. We are also talking to Amazon in Europe, our brand is in good hands there. But sales will go through our dealers, they are involved. This will not be direct sales, our partners will benefit from additional attention. Manager Magazin: When will the first Hyundais be available on Amazon in Europe? Michael Cole: Even now. The Hyundai Brand Space on Amazon has been available in Germany since April, and other countries will follow. For those who have not seen the Hyundai Brand Space on Amazon in Germany yet, be invited to discover it now https://lnkd.in/e-UvrJBU #Hyundai #Amazon #AmazonAds #Automotive #Cars #Retail

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The Kia EV9 stands out of its competition!🥇🚙 📰🇩🇪Autozeitung: “The Kia EV9 AWD is a big surprise: in its first comparison test, the Korean giant comes out on top against the German premium competition and deservedly wins the test. The price-performance ratio is simply unbeatable here. Despite the very expensive Mercedes EQS SUV 450 4Matic's maximum comfort programme and its narrow victory in the properties category, it only comes second. Third place goes to the Audi Q8 55 e-tron quattro, which has become significantly more agile with the facelift, but in terms of its overall characteristics cannot compete with its larger and more economical rivals. What all three of them manage to do, each in their own way, is to get their drivers excited about the battery-electric drive.” #kiaev9 #kia #movementthatinspires #mercedes #audi

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Want a big job even with a traditional OEM? Increasingly, you need to have EV success on your resume. What do the following have in common: Martin Sander, new board member for sales, marketing and after sales at Volkswagen Frank-Steffen Dr. Walliser, new CEO at Bentley Motors Sherry House, CFO elect at Ford Motor Company Luca Napolitano, new chief sales and marketing officer at Stellantis Christine Feuell, new CEO at RAM Rory Harvey, new president, global markets at General Motors Dr. Manfred Harrer, new executive vice-president and head of Genesis & Performance Development Tech unit at Hyundai Motor Company (현대자동차)? All are fast-rising executives at so-called legacy OEMs that have been hired or promoted at least in part because of their experience in successfully driving electrification initiatives. The leadership teams, and in time the boardrooms too, of automotive firms are changing. C-suites that knew only of ICE coming up will age out and their replacements will need to have the skills required for a future when most sales will be electrified, if not fully electric. So don't believe anything you read about OEMs turning their back on the e-mobility revolution. Their hiring trends tell you they know they're only just beginning. And, if you're ambitious in the automotive world, better get some e-mobility on the CV pronto! https://lnkd.in/eZ4PVS54 #ev #automotive

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FEV intensifies it's involvement into all areas of zero-emission mobility.

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BREAKING NEWS: Businesses face pressure to grow and evolve rapidly to stay competitive. But growth can be difficult, and even the most intrepid among us sometimes need an extra dose of inspiration. Businesses have to constantly live on the edge and adapt. The reality is evident in the response to new technologies or the latest customer service trends reshaping our business world. But quite often, we are resistant to change, something which comes back to bite us in the end. Without advancement, businesses can lose their competitive edge and fail to live up to customer expectations. To overcome this, your organization must never settle for the status quo, instead consistently finding new opportunities to prosper. “Everyone wants to live on top of the mountain, but all the happiness and growth occurs while you’re climbing it.”– Andy Rooney #automotive #fischer #mutares #growth #movingforward

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The first-ever MINI Aceman celebrated its world premiere at the 18th Beijing International Automotive Exhibition 2024. With its all- electric vehicle concept, the MINI Aceman occupies the position between the MINI Cooper and the MINI Countryman. It defines the typical MINI driving pleasure of the future in urban areas. As a completely new member of the new MINI family, the Aceman features the new “Charismatic Simplicity” design language and an immersive user experience in the interior, embodying agility, presence and sportiness. Available from market Launch as MINI Aceman E (electricity consumption combined: 14,7 – 14,1 kWh/100 km according to WLTP; CO2 emissions combined: 0 g/km; CO2-class: A; range in km according to WLTP: 298 - 310) and also as the MINI Aceman SE (electricity consumption combined: 14,8 – 13,9 kWh/100 km according to WLTP; CO2 emissions combined: 0 g/km; CO2-class: A; range in km according to WLTP: 382 – 406). #MINI #NewMINIFamily #MINIAceman

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Today, we announced the official launch of HORSE Powertrain Limited with the closing of a 50/50% JV between Renault Group and GEELY. HORSE Powertrain Limited is a Worldwide Tier 1 supplier dedicated to ICE & hybrid powertrain technologies. A no brainer from both a strategic and financial point of view for Renault Group: ✅ We benefit from complementary expertise, product portfolios and geographies coming from both Renault Group and Geely. ✅ We derisk the Group as we provide a clear path for the Group to seamlessly manage the energy transition (and the path of the evolution of powertrain mix). ✅ We gain in productivity, reduce our fixed costs, gain scale (and thus financial optimization) and improve our balance sheet with a business which will continue to grow and generate cash. Benefits expected: ⚡ R&D Capex reduction of c.€2bn between 2024 and 2030. ⚡ Powertrain cost competitiveness: >€2bn from 2024-2030. ⚡  Fixed cost variabilization: >€1bn per year on average. We are now focusing on step 2: ongoing discussions with Aramco to join the JV to showcase the value of this business! #Renaulution #RenaultGroup #Horse

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🚛Keynote address: 30 years of brake-by-wire systems: from the origins to today’s trends🚗 Jochen Buck, Project Leader of Electronic Brake Management Software at Daimler Truck AG Truck shared insights in the first keynote address of EuroBrake 2024. Jochen highlighted that brake-by-wire has been a game-changer in the trucking industry for nearly 30 years. Introduced in 1996, brake-by-wire has enhanced safety, efficiency, and comfort for truck drivers, fleet owners, and all road users. A tragic event in 1987 spurred the introduction of brake-by-wire in trucking as a critical safety feature, and its success hinges on a robust safety concept. Electrification is key to the development of electronically controlled braking systems, and looking ahead, brake-by-wire will be crucial in enabling automated driving functions. This technology has significantly evolved alongside advancements in materials, pneumatic brake technology, software, and CPUs. Electronic braking systems on tractors and trailers have notably reduced braking distances. Thanks Jochen for your insightful presentation! #EuroBrake2024 #BrakeByWire #BrakingTechnology #Innovation #AutomotiveSafety

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🌟#Korea-#Germany #Automotive #Collaboration! 🚗💼 #BMWKorea #KoreanInnovation #KOTRAMunich We are thrilled to share that BMW Group has demonstrated a strong #commitment to the #Korean #automotive #industry by #purchasing 6.5 trillion KRW(approximately 4.7 billion Euros) in #highquality #components from #Korean #companies in 2022 alone. This represents a substantial 54% increase over the previous year, showcasing a dynamic partnership in the era of electric vehicles and advanced automotive technology. 🔋 With major contributions from industry leaders like #SamsungSDI, #LGGroup, and #HankookTire, Korea is firmly at the forefront of supplying essential technologies that power BMW's latest models on global roads. 🌍 As BMW plans to expand its #EV #charging #infrastructure in Korea under the '#ChargingNext' project, we see tremendous opportunities for further #collaboration and #technological #exchange that will drive #future #innovation and growth. 🤝 We KOTRA Munich are excited to host the #InterBatteryConference in #MesseMunich on #June #19, #2024. This premier event will not only spotlight the latest in battery technology but also serve as a catalyst for international collaboration. At , we are dedicated to facilitating these powerful #partnerships that not only highlight Korean excellence but also open avenues for global market expansion. Let's continue to drive success and innovation together! #BMW #ElectricVehicles #KoreanTech #GlobalPartnerships #SustainableMobility #InvestInKorea #KOTRAMunich #InterBatteryEurope #IBE2024 #MesseMunich https://lnkd.in/enthYWRs

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Recently I had the opportunity to visit #IAV Automotive Engineering (Shanghai) Co, Ltd. Among other things, the aim was to develop an IT strategy for the coming years and to better understand the local market conditions. What I take away from this trip:   🙌 The motivation and enthusiasm of my colleagues to help shape the mobility of tomorrow was infectious, and the speed at which ideas are put into practice was impressive. 🚗 The silence on the busy streets in Shanghai is in fascinating contrast to the loudness of the innovative spirit. The high number of electric vehicles is a vivid example of China's rapid progress in electromobility. Technology and digitalization permeate everyday life - from ordering and paying in restaurants to futuristic in-car entertainment systems with huge screens and AI assistants. Chinese customers are less concerned with how fast a vehicle can go than with comfort, entertainment and connectivity. ☁ Both in terms of “China Speed” and the role of IT as a digitalization partner for our national company: we have recognized that we need to adapt our own processes and pursue a decentralized, locally oriented IT strategy with a cloud-first approach in order to be able to work together effectively. A big thank you to Jean Wagner-Douglas, Wenyi Zhang, Wenwang Zhou for the exceptional hospitality, Sven Loe, Colja Suchland, Samil Arslan on the IT coordination between Germany and China and Bernd Dörge for the quick IT setup at the site! What did you learn from your last trip to China in the IT and digital environment? #innovation #itstrategy #cloudfirst #AI

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Today, Porsche AG announced its financial results for Q1 2024. 🔢 My personal highlight of the first quarter was the world premiere of the Porsche Taycan Turbo GT. Take a look at this amazing sports car and all the key figures in this clip. 👇 __ ℹ Taycan Turbo GT (WLTP): Power consumption combined: 21.6 – 20.7 kWh/100 km (WLTP); CO2 emissions combined: 0 g/km CO2 class: A. Status 04/2024

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