OEM Movements | OEM Trend
Gasgoo: On June 16, ZEEKR announced that cumulative deliveries have surpassed 800,000 units. To date, the ZEEKR brand has expanded into more than 50 countries and regions.
IT Home: On June 16, Peng Lei, product director for Huawei's Smart Selection vehicles (Stelato series), revealed that after joining the Stelato team last year, multiple rounds of discussions were held regarding the Stelato G9, even though R&D on the product had already been underway for over a year. Peng Lei noted that the Stelato G9 unveiled today is the result of deep internal deliberation. Its underlying product definition, along with the "black tech" and experience it delivers, represents the crystallization of continuous breakthroughs and innovation between BAIC and HarmonySmart Mobility.
Fast Tech: On June 16, Li Auto filed a notice with the Hong Kong Stock Exchange announcing a new executive equity incentive plan. The company granted a total of 35 million options for Class A ordinary shares to three core executives: CFO Li Tie, President Ma Donghui, and CTO Xie Yan, with a total value of approximately 1.99 billion Hong Kong dollars based on the closing price on the grant date. At the same time, it granted 5.5572 million Restricted Stock Units (RSUs) to Ma Donghui and 99 frontline employees, valued at roughly 316 million Hong Kong dollars (approximately 273 million RMB). The combined market value of these two incentive programs exceeds 2 billion RMB. The allocation breakdown shows Ma Donghui received 15 million options, while Li Tie and Xie Yan each received 10 million. However, these grants are not free; executives must pay 14.38 USD per ADS to exercise their options. If all three fully exercise their options, the total payment required will be 251.65 million USD.
IT Home: In a recent interview, NIO founder and Chairman William Li didn't mince words: "Having been in the auto industry for so many years, this is truly the hardest year yet." The new Onvo L60 launched on June 11 with a purchase price ranging from 192,800 to 222,800 RMB — a drop of 14,100 RMB compared to the older model. Li acknowledged that the Onvo L60 still carries a gross margin, meaning the company isn't losing money on every unit sold, but the situation is 'grim,' largely due to significant price hikes on the supply chain side.
Fast Tech: On June 16, reports indicated that Ford Motor and several other automakers are racing to secure licenses from the U.S. Department of Commerce to keep selling various models that have been on the market for years. New regulations set to take effect in the U.S. in January 2025—introduced by the Biden administration on national security grounds and set to remain under the Trump administration—restrict connected vehicles from using Chinese software. The software ban begins with the 2027 model year, while hardware restrictions apply to the 2030 model year. Ford has already submitted an application seeking permission to continue importing the China-assembled Lincoln Nautilus SUV, with plans to import the 2027 Nautilus as early as January. Meanwhile, Volvo stated in May that it has already obtained the necessary license, and General Motors has instructed suppliers to purge all Chinese-made components from their supply chains by 2027. The U.S. Department of Commerce will not publicly disclose these applications or their approval status.
Component Suppliers | Supply Chain News
Gasgoo: On June 16, Celanese announced that Aisan Industry Kentucky LLC, a consolidated subsidiary of Japan's Aisan Industry Co., Ltd., has adopted Celanese's polyoxymethylene (POM) material produced using captured carbon dioxide to manufacture fuel pump modules for a North American automaker.
Cailian Press: On June 16, Fawer stated on an investor interaction platform that its supporting products for flying cars have completed reliability verification and are about to enter mass production and supply, though this business currently contributes little to overall revenue. A joint venture related to physical AI robots is currently being established, with preliminary business negotiations proceeding steadily, though no large-scale orders have been secured yet.
Gasgoo: Recently, Bosch Smart Driving successfully secured the contract for a leading domestic automaker's next-generation AI smart cockpit. Leveraging Bosch's cross-domain integration capabilities, the project is built on the Qualcomm Snapdragon® Cockpit Platform Premium (Snapdragon 8397) and is expected to enter mass production in the third quarter of 2027.
Fast Tech: In a recent interview, CATL Chairman Robin Zeng offered a clear assessment of the all-solid-state battery race: The likelihood of all-solid-state batteries reaching a million-unit installation volume before 2030 is very slim. Zeng defined all-solid-state batteries strictly as those with a completely solid electrolyte under normal temperature and pressure, excluding the semi-solid and quasi-solid products currently marketed by others. He noted that all-solid-state technology is still in its infancy, having only passed laboratory principle verification. The core bottleneck remains the solid-solid interface challenge, requiring breakthroughs in both performance stability and cost control before mass production is feasible. Meanwhile, CATL's condensed-matter semi-solid batteries are moving toward deployment, with small-scale installations expected this year or next.
Gasgoo: Alibaba recently officially unveiled Qwen-Robot, the first complete embodied intelligence model series in the Qwen large language model family. Featuring a full-stack technology matrix covering "hands, feet, and brain," it provides robust technical support for the scaled deployment of various intelligent agents, including in-car robots.
Industrial Focus | Industrial Economy
Gasgoo: On June 16, third-party Model-as-a-Service (MaaS) platform "SiliconFlow" announced that it has recently closed a Series B financing round totaling more than 2 billion RMB. Since its inception, SiliconFlow has championed a "Token factory" model, dedicated to democratizing AI technology by improving the production efficiency and scaled supply of tokens.
Gasgoo: The latest data from UK consultancy Benchmark Mineral Intelligence (BMI) reveals that global new car registrations for battery electric and plug-in hybrid vehicles rose 3% year-on-year in May to approximately 1.8 million units. This marks the third consecutive month of month-on-month recovery, driven by ongoing subsidies and high fuel prices pushing consumers away from internal combustion engines.
Gasgoo: Recently, general-purpose embodied intelligence robotics company Simple AI announced the completion of a Pre-Series A financing round worth several hundred million RMB. The round was led by DiDi, with participation from Plum Ventures and Keli Sensor, while existing shareholders Creation Ventures, Linear Capital, and Puhua Capital increased their investments.
Policy Updates | Policy Situation
Economic Information News: Two mandatory national standards, "Safety Requirements for Electric Vehicles" (GB18384—2025) and "Safety Requirements for Traction Batteries of Electric Vehicles" (GB38031—2025), will officially take effect on July 1. The new standards require a physical disconnection of the high-voltage circuit between the vehicle's drive system and its rechargeable energy storage system. Notably, the "one-button power cut" is defined for the first time as a physical disconnection mechanism, completely replacing the previous reliance on software-controlled shutdowns to enhance the reliability and speed of emergency rescues. Additionally, the standards mandate that this function must be responsive to a single driver action—such as a tap or a long press—even when the vehicle is stationary and not charging.
Personnel Changes | Executive Movements
Gasgoo: On June 16, Chongqing Changan Automobile Co., Ltd. released a board resolution announcement formally appointing senior executives Chen Zhuo and Di Zhirui as vice presidents of the company. Their terms will run from the date of the board's approval until the expiration of the ninth board's term.
