91 Ten Articles: Tesla's sales in April fell 27%, BYD Semiconductor's valuation of 10 billion yuan may be spun off and listed

1. In March this year, Tesla's sales in China hit a record high of 35,478 units. After entering April, affected by a series of events, Tesla's sales fell by 27.15% to only 25,845 units. Correspondingly, Tesla's exports in China reached a new high in April, reaching 14,174 units.

2. It is reported that Tesla has suspended its plan to purchase land in China to expand the Shanghai factory and make it a global export center. Analysts believe that this is mainly affected by the uncertainty of relations between major powers and has nothing to do with products and markets.

3. TuSimple, the first autonomous driving company, released its first financial report since its listing. Data showed that its revenue in the first quarter was about RMB 6.065 million, a year-on-year increase of 264%; its net loss was about RMB 2.774 billion, a year-on-year increase of about 1392.25%.

TuSimple said the main reason for the sharp increase in losses was the increase in research and development expenses. So far, the company has received a total of 6,775 truck orders.

4. Bosch China's financial report data shows that sales in China reached 117.3 billion yuan last year, a year-on-year increase of about 9.1%, setting a record high. In the first quarter of 2021, it achieved a year-on-year growth of 54.4%. It is worth mentioning that in the past ten years, Bosch's cumulative investment in the Chinese market has exceeded 50 billion yuan.

5. Sichuan Yinglun New Energy Automobile Technology Co., Ltd. was established with a registered capital of approximately RMB 433.67 million. The company is wholly owned by Zhejiang Geely Holding Group Co., Ltd.

6. Guo Enqing, a technical expert in the field of intelligent driving and former chief active safety engineer of Aptiv China, joined MAXIEYE Intelligent Driving Technology as CTO.

7. Google's self-driving company Waymo and its competitor Cruise have applied to California for permission to charge for self-driving car rides and delivery services in San Francisco. At the start of the service, the two companies will adopt completely different strategies. Waymo will be equipped with a safety officer, while Cruise will operate without a safety officer.

8. BYD shares plans to spin off its holding subsidiary BYD Semiconductor Co., Ltd. to be listed on the Shenzhen Stock Exchange's Growth Enterprise Market, with a valuation of 10.2 billion. BYD Semiconductor was established in October 2004. Its main business is the research and development, production and sales of power semiconductors, intelligent control ICs, intelligent sensors and optoelectronic semiconductors. BYD directly holds 72.30% of the company's shares and is the company's controlling shareholder. In 2020, BYD Semiconductor's net profit was 58.6324 million yuan, a year-on-year decrease of 31.1%.

9. The joint venture formed by Changan Automobile, Huawei and CATL will launch five models, of which the first one will be launched as early as the second half of this year. By 2022, Changan Automobile plans to mass-produce and market intelligent connected vehicles with L4 autonomous driving capabilities.

10. SAIC Motor’s April production and sales report shows that the sales volume of new energy vehicles exceeded 10,000 units that month, a year-on-year increase of 173%. The cumulative sales volume from January to April exceeded 40,000 units, a year-on-year increase of more than 300%. Among them, the delivery volume of R Auto ER6 increased by 26.5% month-on-month.

As a winner of Toutiao's Qingyun Plan and Baijiahao's Bai+ Plan, the 2019 Baidu Digital Author of the Year, the Baijiahao's Most Popular Author in the Technology Field, the 2019 Sogou Technology and Culture Author, and the 2021 Baijiahao Quarterly Influential Creator, he has won many awards, including the 2013 Sohu Best Industry Media Person, the 2015 China New Media Entrepreneurship Competition Beijing Third Place, the 2015 Guangmang Experience Award, the 2015 China New Media Entrepreneurship Competition Finals Third Place, and the 2018 Baidu Dynamic Annual Powerful Celebrity.