1. China Automotive Power Battery Industry Alliance: April sales of power and energy storage batteries reached 164.2 GWh, a year-on-year increase of 39%. 2. Bank of America downgraded the stock ratings of several European automakers. 3. Reports ind

2026-05-12

1. China Automotive Power Battery Industry Alliance: April sales of power and energy storage batteries reached 164.2 GWh, a year-on-year increase of 39%. 2. Bank of America downgraded the stock ratings of several European automakers. 3. Reports indicate that Panasonic's 4680 cylindrical lithium-ion battery for automotive applications is facing commercialization obstacles and has yet to receive key orders. 4. Seres' battery pack collision scenario-based technology has been licensed, enabling the battery pack to separate from the vehicle body during a collision. 5. Domestic power battery installations reached 62.4 GWh in April, a year-on-year increase of 15.2%. 6. Chery responded to rumors of "entering the Japanese market": It is only a shareholder in the EMT project and does not participate in its operation and management. 7. Restructuring Automotive R&D: A white paper on intelligent agents, jointly edited by IAT and the China Association of Automobile Manufacturers, is pre-released. 8. Breakthrough in the integrated reliability and quality technology of intelligent assembly lines for domestically produced high-end CNC machine tools has been achieved and is already being used in new energy vehicle powertrain production lines. 9. Li Xiang: Our ideal is not to burn money and follow trends in chip development, but to bring AI into the physical world and provide users with an Apple-like experience. 10. Toyota announces plans to build its fourth factory in India: scheduled to begin production in 2029, aiming for a capacity of one million units. 11. The first batch of Chinese electric vehicles arrives in Canada: Chery and Geely test drive vehicles have arrived in Toronto.