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All Tesla models exempt from purchase tax for new energy vehicles
On August 30th, the Ministry of Industry and Information Technology issued a new catalog of new energy vehicle models exempt from vehicle purchase tax. All Tesla models are included.
We have calculated how much money you can save by purchasing each Tesla model after being exempt from purchase tax. This is for reference only:
Comment: Tesla had a lot of news last week. First, Ma Yilong flew to Shanghai to attend the 2019 World Artificial Intelligence Conference, and had a “Double Ma Meeting” with Jack Ma. Then, on the morning of the 30th, Tesla raised the price of all imported Tesla models, but only half a day later, all Tesla models entered the catalog of new energy vehicle models exempt from vehicle purchase tax. This is equivalent to a significant and indirect price reduction, with “price adjustments” twice in one day. It’s like experiencing both ice and fire!
After the tax exemption, newcomers are happy while old car owners are worried. Many potential customers have started to inquire about the specific prices of Tesla, while old car owners are demanding reimbursement of the purchase tax.
However, so far, car owners all over the country have inquired with national and local tax officials, but the replies from the staff are not consistent, so everyone still needs to wait patiently for the official reply.
GAC New Energy Aion LX pre-sale starting at 250,000 yuan, up to 650 km NEDC driving range
On August 29th, GAC New Energy released the pre-sale price of Aion LX, starting at a minimum of 250,000 yuan. The new car will be mass-produced in September and delivered in October.
Aion LX has four possible versions in terms of range and they are named similarly to Tesla. The names of the three versions with a single motor are respectively 60/70/80, with NEDC ranges of 503/520/650 km, and starting pre-sale prices of 250,000/260,000/280,000 yuan; the name of the double-motor four-wheel drive version is 80D, NEDC range is 600 km, and the starting pre-sale price is 300,000 yuan.
Quick Review: The release of the Aion LX by GAC New Energy last week indeed opened up new horizons for me. All kinds of words such as “most”, “first”, “original” etc. kept coming out, always testing the edge of advertising law…
Although I can’t quite accept the way GAC New Energy advertises, from the perspective of the product alone, a mid-size pure electric SUV priced at 300,000 yuan, equipped with a 93 kWh battery, with a maximum NEDC range of 650 km, in fact Aion LX still has some strength.
In short, let’s not boast and we can still be good friends.
Ideal ONE Will Have One Final Adjustment and Optimization Before Mass Production
After experiencing a wave of media test drives and static experiences from new car owners, Ideal ONE has decided to adjust ONE for one last time before mass production based on feedback from the media and users.
The issues mentioned in the videos and articles as well as the issues raised by intended car owners in our community will be optimized this time, such as the slackness of the shift lever, the layout of the instrument panel and the central display screen, the prompts of ADAD, and the calibration of the suspension. In addition, the requested inductive tailgate from intended car owners in our mini program has been added.
Quick comment: Li Xiang, who transformed from the Internet to car-making, values user experience extremely so. This time the optimization and adjustment focused on the issues that users care about the most, and the reaction speed was very fast. Ideal team deserves a thumbs up.
As for why the HUD that many potential car owners hope to have did not appear in this adjustment, Li Xiang himself made a detailed response under our “42号车库” Weibo post, and also let everyone know that adding HUD is very complicated, and not as easy as everyone thinks. So, for the HUD, it seems that we can only look forward to the next model year.
Audi negotiates with BYD on battery supply
According to Bloomberg, Audi is negotiating with BYD on battery supply issues. In addition, the cooperation between the two parties may go deep into the establishment of a joint venture / stake in BYD’s battery business.
Reportedly, BYD’s batteries will be used in high-performance luxury electric vehicle models produced on the jointly developed PPE (Premium Platform Electric) platform by Audi and Porsche. The first model on this platform will be unveiled at the end of 2021.
Quick comment: Less than 2 months from BYD’s cooperation with Toyota, Audi has reached out to BYD again, indicating that BYD’s battery business is being favored by more traditional automakers. In a situation where global power battery production capacity is in short supply, BYD has become another target for automakers to chase after Ningde era. At this moment, the splitting and independent operation of BYD’s battery business is definitely a wise move.
Evergrande’s new energy vehicle brand “Hengchi” debuts
On August 28th, at the quarter-finals of the AFC Champions League, Evergrande’s new energy vehicle brand “Hengchi” debuted. According to Evergrande’s official interpretation, Hengchi means forever and running throughout the world. In Evergrande’s view, new energy vehicles have already risen to become a leading industry. In the new energy field, “Hengchi” is an important brand representative for Evergrande to seize the new energy market.
On June 29th this year, the first product of Evergrande New Energy Automobile Group, the Guoneng 93 model, was officially put into production and is expected to become the first car model under the “Hengchi” brand. Evergrande stated that in the future 3-5 years, Evergrande New Energy Automobile will become a large-scale and strong new energy automobile group.
Comment: After breaking up with Faraday Future eight months ago, Evergrande finally released its own car brand. Although the Guoneng 93 produced in June is somewhat criticized in terms of appearance and name, Evergrande has always had its own pace in car manufacturing. After spending 300 billion RMB, can Evergrande’s automotive layout catch up with the last trend in new energy vehicles, or will it become the next “Evergrande Spring”?
Faraday Future is restructuring its organization
On August 28th, according to Pandaily, Faraday Future is restructuring its organization, implementing the partnership system, and its CEO Jia Yueting will step down from the CEO position, and a trust fund will be established to repay previous debts of the company and individuals.
Regarding the news that Jia Yueting will step down as CEO of Faraday Future, Faraday Future issued a statement on the 29th: FF has been working on the change of the company’s top governance structure since the end of last year and has formally entered the execution stage. Relevant details will be announced soon. The statement mentioned that Jia Yueting has gradually repaid more than 3 billion US dollars of domestic debt over the past two years through various ways. The statement did not explicitly reply to whether Jia Yueting will resign, but said that significant good news will be released on September 3rd.
Comment: This news is as eerie as Faraday Future’s news over the past two years. It is well-known that due to financial difficulties, FF’s car production progress has deteriorated. FF itself is a key carrier for Jia Yueting to have a come-back. If he has 3 billion US dollars, why did Jia Yueting choose to repay his debt instead of investing in FF? And how can the newly established trust fund support Jia Yueting’s huge debts?
This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.