1. Xiaomi, Tesla, and BYD raise prices.
2. China Association of Automobile Manufacturers (CAAM): In April, commercial vehicle production and sales increased by 4.4% and 8.1% year-on-year, respectively.
3. The Department of Energy Conservation and Comprehensive Utilization of the Ministry of Industry and Information Technology (MIIT) organized a survey and symposium on the recycling and utilization of power batteries for new energy vehicles.
4. Hyundai Motor deploys robots at its Seoul headquarters to promote the development of physical artificial intelligence.
5. British media: XPeng Motors is in talks with Volkswagen about acquiring its European factory.
6. BYD is in talks with companies such as Stellartis about acquiring its European factory.
7. BYD Energy Storage signed a strategic cooperation agreement with Corvus Energy AS.
8. China Passenger Car Association (CPCA): From May 1st to 10th, the national passenger car market saw 226,000 new energy vehicle retail sales, a 27% increase compared to the previous month.
9. Dongfeng Motor and COSCO Shipping signed a strategic cooperation agreement.
10. Honda recorded its first annual loss, dragged down by huge expenditures related to electric vehicles.
