1. Ministry of Industry and Information Technology: Focusing on research into vehicle quality reliability and automotive solid-state battery standards. 2. China Passenger Car Association (CPCA): From May 1st to 24th, retail sales of new energy passe

2026-05-28

1. Ministry of Industry and Information Technology: Focusing on research into vehicle quality reliability and automotive solid-state battery standards. 2. China Passenger Car Association (CPCA): From May 1st to 24th, retail sales of new energy passenger vehicles nationwide reached 619,000 units, a year-on-year decrease of 11%. 3. With sales continuing to decline and profit margins falling to only 1%, Porsche plans to reduce production and lay off employees to boost profits. 4. NIO CEO Li Bin: Rising raw material prices have increased the cost of the entire vehicle by about 10,000 yuan. 5. Former CEO criticizes Ferrari's first all-electric car, Luce: It may ruin this legendary brand; suggests removing the prancing horse logo. 6. NavInfo's subsidiary, Jiefa Technology, has obtained ASIL D functional safety product certification for its AC7870x series, moving towards the higher safety level automotive-grade MCU market. 7. Toyota's global sales in April reached 849,000 units, with a year-on-year decrease of 25.4% in the Chinese market. 8. Chery's joint venture with a Japanese company will launch light electric vehicles in Japan: priced similarly to gasoline vehicles, with a market launch expected in spring 2027. 9. New car registrations in Europe exceeded 1.15 million units in April, with BYD and Chery both achieving triple-digit growth. 10. A Waymo self-driving car broke down mid-journey; customer service advised passengers to use Uber or Lyft instead.