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On August 25th, CATL released its semi-annual report, reporting a revenue of 44.075 billion yuan in the first half of the year, an increase of 134.07% year-on-year; The net profit was 4.48 billion yuan, up 131.45% year-on-year.

On August 25th, Nezha Motors signed a comprehensive cooperation agreement with Huawei Technologies Co., Ltd. As the first model of cooperation between the two parties, Nezha S, which will be launched next year, will apply Huawei's MDC intelligent driving computing platform and laser technology to deeply focus on the new ecosystem of intelligent driving.

Jidu Automobile is about to officially cooperate with Hesai Technology. However, it is doubtful how its first mass production vehicle will achieve L4 level autonomous driving technology, or it will adopt a purely visual perception path.

On August 25th, Xiaomi Group disclosed that the company and relevant counterparties of Deepmotion Tech Limited autonomous driving technology company entered into a share purchase agreement to acquire 125 million ordinary shares and 50854700 preferred shares, respectively accounting for 71.16% and 28.84% of the issued share capital of Deepmotion. The total acquisition cost is approximately $77.37 million.

On August 25th, a member of the Bosch management committee, Harald Kroger, said that in 2020, due to the surge in demand for chips for various products, the semiconductor supply chain had collapsed.

On August 25th, the "Zhengzhou City Measures for Subsidy for Owners of Damaged and Scrapped Vehicles to Purchase New Vehicles" clearly stated that the basic subsidy for purchasing new energy vehicles is 5000 yuan per vehicle, and at the same time, according to the service life of the scrapped vehicles, they can enjoy a differentiated subsidy ranging from 5000 to 10000 yuan.

On August 25th, the Japanese government currently provides subsidies of up to 600000 yen per vehicle for the purchase of electric vehicles, while subsidies for the purchase of plug-in hybrid vehicles and fuel cell vehicles are 300000 yen and 2.5 million yen respectively.

Illustration: On August 25th, due to strong demand, Ford decided to double the production of the 2022 F-150 Lightning to over 80000 vehicles per year in 2024.

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