Welcome to 东方港湾展览! , Entry CHINA NINGBO INTERNATIONAL AUTO PARTS & AFTERMARKET FAIR 2025
What's New
Empowering Global Expansion: Cross-Border E-Commerce Ignites CAPAFAIR Ningbo 2025
2025-07-23 16:07:05
Surge in Downstream Orders Fuels Positive Earnings Forecasts for Many Auto Parts Companies in H1
2025-07-22 13:50:59
Intelligent Competition Enters “Deep Waters”, Spurring New Mechanisms for Collaboration in the Automotive Industry Chain
2025-07-17 09:59:47
China's auto industry innovation breakthrough development bottleneck domestic and foreign car companies to join hands to break the situation
2025-07-15 11:08:09
Record high!Ningbo Zhoushan Port completed the first half of the container throughput of more than 21 million TEUs
2025-07-08 16:32:33
Over 200,000 units booked in 3 minutes, Xiaomi YU7 officially launched!
2025-07-01 10:40:33
What is the “road to rebirth” for retired batteries?
2025-06-23 09:24:35
Rare earth shortage affects auto parts companies
2025-06-12 10:35:53
Which countries have been “relaxed” on US auto tariffs?
2025-06-06 14:56:55
Accelerate integration! Many leading auto companies start group resource integration
2025-05-29 11:12:48
Solid-state batteries are accelerating their application in vehicles, and small-scale mass production may be achieved by 2030
2025-05-21 13:31:43
CAPAFAIR will be held for the first time in Hangzhou, with more than 800 exhibitors exploring new opportunities in the trillion-dollar market.
2025-04-18 14:37:53
3-5 years ahead of the world! China's new energy vehicle industry chain is becoming more and more perfect
2025-04-18 13:46:12
How can global car companies save themselves from the tariff storm?
2025-04-11 09:39:33
[Registration Channel] 2025 Hangzhou Auto Parts Show Visitor Pass Collection!
2025-04-03 15:06:10
Notice
Empowering Global Expansion: Cross-Border E-Commerce Ignites CAPAFAIR Ningbo 2025
Cross-border e-commerce is a “digital bridge” that swiftly connects producers and consumers worldwide and represents a significant trend in the development of global trade. According to preliminary data from China Customs, China’s cross-border e-commerce imports and exports reached approximately 1.32 trillion yuan in the first half of the year, up 5.7% year-on-year. Exports accounted for about 1.03 trillion yuan, an increase of 4.7%, while imports stood at 291.1 billion yuan, rising 9.3%.Amid this booming trend, Ningbo—one of China’s first cross-border e-commerce pilot cities—has demonstrated strong industrial momentum. In 2024, Ningbo's cross-border e-commerce exports surpassed 47 billion yuan, up 18.4%, and imports exceeded 30 billion yuan, ranking among the top three nationwide. With over 20,000 cross-border e-commerce enterprises clustered in the Ningbo Comprehensive Pilot Zone, a complete ecosystem has been built—from supply chains to overseas warehouses—forming a nationally recognized e-commerce industry cluster.This fertile ground for e-commerce is now nurturing unique industrial opportunities. From August 13 to 15,CHINA NINGBO INTERNATIONAL AUTO PARTS & AFTERMARKET FAIR 2025 (CAPAFAIR Ningbo 2025) will be held at the Ningbo International Convention and Exhibition Center, becoming a key platform for auto parts companies to deeply connect with the e-commerce ecosystem.At the expo, major global platforms such as eBay, AliExpress, and Made-in-China.com will set up dedicated booths to showcase the online transaction landscape for automotive parts. Behind these platforms stand thousands of local Ningbo service providers—from financial institutions offering cross-border payment solutions to logistics companies specializing in overseas warehousing, and multilingual operation teams—forming a complete and efficient e-commerce support network.For auto parts companies, this is an opportunity to meet top e-commerce sellers with annual sales in the millions, connect with incubators for emerging brands, explore joint overseas ventures, or find ideal partners for operations and distribution.A series of cross-border e-commerce forums will also be held during the expo, including eBay’s “eBay Auto and Motorcycle Parts Global Market Investment Conference” , AliExpress’s “Introduction to AliExpress Model & Hot-selling Auto Parts Specifications,” Made-in-China.com’s “Auto Parts Industry Arrange from Zero, Cross-border E-commerce Practical Forum,” and Walmart’s “Walmart Auto Parts Category Business Opportunities Exploration.” These forums will provide practical insights on global market trends, platform operations, and compliance essentials, helping businesses better leverage e-commerce channels to expand overseas.The rise of cross-border e-commerce has empowered automotive parts manufacturers with strong production capabilities to directly engage global consumers. As a vital component of Ningbo's e-commerce industry, over 20,000 cross-border e-commerce enterprises in the city's pilot zone will actively participate in the expo as buyers. These include professional teams focused on the auto parts vertical and full-category trading service providers—bringing with them not only massive purchasing demand, but also mature overseas channel resources and digital operation expertise.Whether you're looking for high-quality suppliers, competitive products, technical showcases, or global expansion opportunities, CAPAFAIR Ningbo 2025 is not to be missed. With the support of this exhibition, more “Made in Ningbo” and “Smart Made in China” auto parts will cross the digital bridge of e-commerce and step onto the global stage.
autoparts
Surge in Downstream Orders Fuels Positive Earnings Forecasts for Many Auto Parts Companies in H1
According to statistics from iFind by Tonghuashun, as of July 21, 59 A-share listed auto parts companies have released semi-annual earnings forecasts (classified under Shenwan Industry Classification). Of these, 38 issued positive outlooks, including 27 forecasting increased profits, 6 with slight increases, and 5 turning losses into gains. In contrast, 21 companies are projecting decreased profits or losses. Overall, the auto parts sector is showing a clear polarization in H1 performance expectations.Zhang Xiang, Secretary-General of the International Intelligent Transport Technology Association, told reporters, “Auto parts companies with strong brands and leading technologies tend to be more profitable, while those trapped in product homogeneity are facing significant operational challenges.”Based on the upper limit of projected net profit growth, 20 of the 59 companies expect year-on-year increases of more than 100%. Many companies with strong H1 performances attribute their growth to the continued expansion of orders, driven by sustained momentum in the new energy vehicle (NEV) market.For example, Xiangyang Changyuandonggu Industry Co., Ltd. forecasts net profit attributable to shareholders of RMB 155 million to RMB 180 million for the first half of the year, representing a year-on-year increase of 62.65% to 88.88%. The company stated that during the reporting period, demand from major commercial vehicle clients remained stable and positive, while the NEV market grew rapidly. Sales of hybrid engine cylinder blocks and heads increased steadily year-on-year, contributing to both revenue and profit growth.Jiangsu Bojun Industrial Technology Co., Ltd. projects H1 net profit attributable to shareholders of RMB 341 million to RMB 387 million, up 47% to 67% year-on-year. The company reported ample orders and steady revenue growth during the reporting period. It also benefited from the booming NEV sector, with rapid growth in hybrid and pure electric vehicles driving demand for its modular NEV body components.A review of announcements reveals that key drivers of rising order volumes include optimized product portfolios, improved technical capabilities, and expansion into overseas markets.Zhang Xiaorong, Director of the Institute of Deep Technology, noted that the automotive industry is moving toward electrification, intelligence, and lightweight design. This trend will push auto parts companies to focus on three key areas: high-precision electric motor control systems, integrated smart driving sensors and algorithms, and applications of new materials such as carbon fiber.However, some companies are under performance pressure due to intensifying competition in the auto industry and ongoing “price wars.”Zhang Xiaorong remarked, “The performance divergence among auto parts companies is an inevitable outcome of the rapid rise of NEVs. As NEV penetration increases, the demand across the parts supply chain surges. Companies with leading technologies and partnerships with top-tier automakers are the first to benefit. In contrast, those tied to the shrinking internal combustion engine market are seeing order declines.”He added that the polarization within the auto parts industry will likely intensify, with technological iteration capabilities and market responsiveness becoming critical differentiation.For companies facing performance pressure, Zhang suggests accelerating transformation efforts, optimizing product structures, and transitioning more aggressively toward the NEV sector. Simultaneously, they should focus on reducing costs and improving efficiency, enhancing gross margins through process improvements. Expanding their international client base and leveraging domestic supply chain advantages to participate in global competition are also key strategies.Declaration: This article comes from Securities Daily. If copyright issues are involved, please contact us to delete.
autoparts
Intelligent Competition Enters “Deep Waters”, Spurring New Mechanisms for Collaboration in the Automotive Industry Chain
As the automotive industry enters a new phase of intelligent competition, key technologies are placing greater demands on enterprises’ R&D and implementation capabilities. At the 2025 New Energy Intelligent Vehicle High-Quality Development Forum held on July 15 (hereinafter referred to as "the Forum"), several industry experts pointed out that the trend of intelligentization is calling for new types of collaboration across the automotive value chain, prompting companies to explore innovative modes and mechanisms of deeper cooperation.Wang Jianqiang, Dean and Professor at the School of Vehicle and Mobility at Tsinghua University, stated at the Forum that due to China’s complex traffic scenarios, enhancing road traffic safety has become a national priority — and intelligent vehicle technology is a key tool in achieving this goal.“Lower-level intelligent vehicles have already achieved significant market penetration and large-scale industrial application,” said Wang. “However, as we move toward higher levels of autonomous driving, there are still many technological challenges that need to be overcome.”Intelligent technology has become one of the core battlegrounds in the automotive industry. Zhang Yongwei, Vice Chairman and Secretary-General of the China EV100, noted that global automotive competition now revolves around intelligentization. New intelligent technologies are prompting closer integration between OEMs and component suppliers, imposing new requirements on collaboration across the value chain.“As automotive competitiveness shifts toward intelligence and AI, enterprises need to explore new development models,” Zhang explained. “Many automakers are choosing to collaborate with tech companies to address their shortcomings in intelligent capabilities. In this new era, cross-industry cooperation is becoming a crucial external source of competitiveness for automakers. Software, chips, and data ecosystems beyond the traditional auto industry are now deeply integrating with it, driving upgrades across the sector.”Ma Cuibing, Board Member of JAC Group Holdings and Deputy General Manager of JAC Motors, shared his company’s experience of cross-industry collaboration with Huawei.“In this new era of automotive development, building and nurturing new capabilities requires empowerment and cross-boundary cooperation,” Ma said. “We’re engaging in comprehensive strategic collaboration with Huawei Digital Energy across key areas such as NEV model/platform technology development and application. At the same time, we are benchmarking against Huawei to drive organizational reform and capability enhancement.”Cooperation across the value chain is also supporting the Chinese auto industry’s global ambitions. Gu Jianmin, CTO of Valeo China, told reporters that China’s automotive industry has made great strides not just in market scale but also in technological advancement.“Software is becoming increasingly influential in automotive products, transforming cars from mechanical products into integrated hardware-software systems,” Gu said. “As a result, more Chinese automakers are now providing technologies to overseas manufacturers. China has become the ‘fitness center’ of the global auto industry, and we will continue increasing our investment in China.”“Globally, China’s automotive intelligentization has reached a deep-water stage,” said Lu Donghai, Deputy General Manager of Automotive Electronics Marketing at ZTE Microelectronics. “We hope that under policy guidance, automakers and ICT enterprises can be brought together in an orderly way to promote innovation through ecosystem integration. We also hope Chinese automakers can take the lead and mobilize the entire value chain to collectively drive the continuous upgrading of the country’s automotive industry.”From chip development to intelligent driving, from innovations in electrical/electronic architecture to software-defined vehicles, China’s auto industry is forging a uniquely Chinese path through continuous exploration of new collaboration mechanisms within the industry chain.“In the future, the auto industry must adopt a more open model to access a broader range of intelligent capabilities,” Zhang Yongwei added. “Automakers need to seamlessly connect with companies specializing in computing power and algorithms, internalizing these external resources into core competitiveness. Cross-industry integration will continue to inject vitality into the development of China’s automotive sector.”Declaration: This article comes from Economic Information Daily.If copyright issues are involved, please contact us to delete.
autoparts
China's auto industry innovation breakthrough development bottleneck domestic and foreign car companies to join hands to break the situation
China’s automotive industry is currently at a critical stage of “changing lanes to overtake.”According to data, in the first half of 2025, the country’s automobile production and sales reached 15.621 million and 15.653 million units respectively, up 12.5% and 11.4% year-on-year, demonstrating strong growth resilience. At the same time, the dilemma of “increased volume without increased profit” has become increasingly apparent. The ongoing involution-style competition continues to squeeze corporate profit margins, posing a major obstacle to the industry’s high-quality development.From July 10 to July 12, the "2025 China Automotive Forum" with the theme of "Improving Quality to the New, Winning the Future" was held in Shanghai, and the attending guests focused on the high-quality development of the automotive industry, cracking the inward spiral of predicament, and promoting global synergy, etc. The forum was held in Shanghai, with the theme of "Improving Quality to the New, Winning the Future".In-depth discussion, injecting new momentum for the development of the industry.Innovation breaks through the bottleneck of developmentWan Gang, Chairman of China Association for Science and Technology, said at the meeting that the development of China's automobile industry has entered a brand new stage, and in the face of the wave of electrification and intelligence, the automobile industry needs to deepen the co-operation between enterprises and build a new type of competitive relationship.It is difficult for automobile enterprises to adapt to the current changes, the only way is to promote complementary advantages through innovative cooperation methods, in order to jointly create new technologies, new products, new models, and cultivate new growth poles of industrial value, "China's automobile industry in the field of electrification has already achieved the 'lane-changing overtaking', and the intelligent will be the core battlefield of the next stage.the core battlefield of the next stage, and it is necessary to focus on key technology research and promote collaborative innovation in the upstream and downstream of the industry chain."Xu Niansha, president of China Machinery Industry Federation, said that in 2024 China's GDP reached 134.91 trillion yuan, accounting for 17% of the world's manufacturing value-added 33.55 trillion yuan, of which the automotive manufacturing industry accounted for one-third of the total volume of the machinery industry, is a well-deserved core engine.To promote the development of new quality productivity, the automotive industry shoulders a heavy responsibility.Xu Niansha put forward five major development directions: first, focus on core technology research, strengthen the new energy, intelligent network technology reserves in the field; second, accelerate the digital and intelligent upgrading, and firmly take the green low-carbon road; third, improve the toughness of the industrial chain, and enhance the ability to independently guarantee the key basic materials; fourth, plough into the domestic market while exploring the international map; and fifth, to create a healthy ecology, and crack the involution of the predicament through the industry's self-discipline.The fifth is to create a healthy ecosystem and crack the problem of involution through industry self-regulation.In response to the industry's widespread concern about the problem of involution, China Association of Automobile Manufacturers Executive Vice President and Secretary-General Fu Bingfeng said that the ongoing price war has pressed the industry's profitability to the tipping point, if not curbed, it may trigger the quality of the compromises and stagnation of innovation, "in the first half of this year, the automotive market continues to develop well, but 'increase does not increase profitability's situation is in urgent need of improvement.With electrification accelerating global industrial restructuring and the full rise of AI technology, the industry has entered the second half of the 'change of lane racing', and needs to achieve sustainable development by comprehensively managing involution, promoting dual-carbon mutual recognition, and strengthening global synergy."In the field of green and low carbon, the forum launched the "China Automobile Industry Green and Low Carbon Public Service Platform and Automobile Industry EPD Platform".According to the introduction of You Zheng, standing committee member of the Party committee of Dongfeng Motor, deputy general manager, and current president of China Association of Automobile Manufacturers (CAAM), the platform, adhering to the principles of "objectivity, public welfare, common governance, and mutual recognition", will unify the rules of accounting and disclosure standards of the carbon footprint and promote the mutual recognition of domestic and international standards, so as to provide the industry with "dual carbon" and "low carbon" services.The platform will unify carbon footprint accounting rules and disclosure standards, promote mutual recognition of standards at home and abroad, and provide support for the industry's "dual-carbon" goal.Domestic and foreign car companies join forces to break the mouldIn the critical period of industrial transformation, how can enterprises break through the bottleneck of development? Chery Automobile Co., Ltd. Chairman Yin Tongyue's speech hit the industry pain points.He said, China's auto has shifted from scale expansion to quality competition, but there are still blind "go to sea" and blindly follow the trend of involution and other issues, "Chery has also been involved in the price war, but deeply aware of the sales rankings are not as important as the quality rankings, profit rankings are not as important as innovation.Call on the government to strengthen the brand building, technological innovation guidance and assessment, the capital market to give enterprises more patience.Brand and technology breakthroughs take time, and Chinese auto brands should avoid international market backlash due to disorderly competition."Yin Tongyue's point of view has also been echoed by a number of guests, many of the participating enterprises related to the person in charge of the meeting after the meeting to the "Securities Daily" reporter said, I hope the relevant departments to listen to the voices, and jointly promote the sustainable development of the industry.Auto home executive director and CEO Yang Song through the data to support: 2022 to 2024, the automotive industry due to the price of involution loss of 200 billion yuan to 300 billion yuan of income, part of the model price cuts and price cuts and not the difference between the sales, but in vain loss of profit.Yang Song believes that to crack the predicament need to reduce costs and efficiency and orderly "sea" two-pronged approach.The former can be optimized through AI technology marketing decision-making; the latter need to build a global ecosystem, help China's cars in the "go out", can walk more stable, farther.Gao Xiang, President and CEO of BMW Group Greater China, said that the supply chain is fragile, regulatory differences and other challenges, the need for global car companies to work together to deal with, "Chinese car companies to go overseas, can learn from the 'global thinking + local deep ploughing' model, and jointly build a highly efficient and resilient industrial chain."Dewees, secretary-general of the European Automotive Industry Association, said that the Chinese and European automotive industries together account for more than half of global production, and their objectives in the fields of green low-carbon and intelligent network are highly compatible, "The current trade environment is complex, and there is a greater need for 'dialogue rather than compartmentalization', 'transparency rather thanprotection'.""ACEA is promoting deeper co-operation between China and Europe in areas such as harmonization of technical regulations and cross-border flow of data."Differences are not barriers, but opportunities for complementation, said Dives.Declaration: This article comes from the Securities Daily.If copyright issues are involved, please contact us to delete.
autoparts
Record high!Ningbo Zhoushan Port completed the first half of the container throughput of more than 21 million TEUs
January to June this year, Ningbo Zhoushan Port completed container throughput of more than 21 million TEU, an increase of more than 9.5 per cent year-on-year, a record high for the same period in history, Ningbo section of the Zhejiang Pilot Free Trade Zone continues to promote the construction of the "hub of the free trade zone".Expanding routes to the seaIn the first half of this year, Ningbo Zhoushan Port deepened its strategic cooperation with shipping companies and port enterprises, innovatively launched the "sea-railway express line + China-Europe fast shipping" double-fast logistics mode, and focused on building the "Yiwu-Ningbo Zhoushan Port-Dubai", "Anhui-Ningbo-Europe" and other routes.Anhui-Ningbo-Europe" and other "double-fast" logistics channels to achieve efficient logistics and transportation through; at the same time, through new routes, optimizing the allocation of space, intelligent transfer of empty containers and other measures to better meet the logistics needs of domestic and foreign customers.Since the beginning of this year, the total number of container routes of Ningbo Zhoushan Port has reached 308, with many new routes including "Gemini Alliance", and 210 ultra-large container ships of "20,000 TEU class", further consolidating the position of the international hub.Expanding Markets inlandBy virtue of the unique advantage of the railway through the three major port areas, Ningbo Zhoushan Port and the railway department in close collaboration, and constantly encrypt the sea-railway inter-modal liner, leading to a steady increase in business volume.The newly opened "Jinhua South - Wenzhou Port" sea-rail intermodal train, "Shaoxing Gaobu - Ningbo Zhoushan Port" COSCO shipping chartered train, etc., for the inland foreign trade enterprises to provide a more efficient and convenient access to the sea.Recently, Yiwu (Suxi) International Hub Port a project - Jin Yong Railway Suxi container handling station has been opened and opened for sea-rail inter-modal transport to bring new increments.Intelligent to help reduce costs and improve efficiencyIn the port area flow, Ningbo Zhoushan Port Jintang Port District, Da Pukou Container Terminal, unmanned container trucks for the first time in a single month of operation exceeded 100,000 TEU mark; Smart Port S-ECP (intelligent remote control and unified scheduling platform system) successfully more than a hundred gantry cranes into the "cloud" centralised scheduling; easy Port launched the"Beidou + AI navigation" programme makes the outside of the container truck vehicles in the port area yaw rate reduced by more than 10%, gate access efficiency increased by 7%.In terms of water transport, the first intelligent river container ship "Zhegang River 002 (Zhiyi)" certified by China Classification Society (CCS) has been in regular operation; the application of "Sigang Logistics Bao" has been formally connected to the comprehensive service platform of Ningbo enterprises, providing professional services for more than 700,000 enterprises.It provides professional global logistics enquiry service for more than 700,000 enterprises.Green and Low Carbon for High-Quality DevelopmentIn the first half of 2025, the cumulative filling volume of LNG for international vessels in Ningbo Zhoushan Port exceeded 50,000 tonnes, which ranked among the top three ports in China, marking the green transformation of ship fuel supply to a new level.Zhejiang Province's first "green power terminal" - Ningbo Zhoushan Port Meishan Low Carbon Terminal Demonstration Project of wind, light and storage integration project is fully completed and put into use, has supplied power to Meishan Port area of more than 26 million kilowatt-hours to meet the "ten million box classIt can meet the energy consumption demand of 50 bridge cranes of "ten million containers" container terminal for half a year.At a time when the global trade pattern is undergoing profound changes, Ningbo Zhoushan Port will continue to unimpeded the land and sea two-way logistics "artery", accelerate the construction of the "smart + green" port, and help build a more efficient and smooth new pattern of global logistics.Declaration: This article comes from the Zhejiang Free Trade WeChat Account.If copyright issues are involved, please contact us to delete.
autoparts
Over 200,000 units booked in 3 minutes, Xiaomi YU7 officially launched!
In the evening of 26 June, Xiaomi Auto's second product YU7 was officially listed.Subsequently, the company's official microblogging said that the 3-minute YU7 big set to break through 200,000 units.As of about 22:45 pm, Xiaomi's US ADR rose about 8.24%.According to reports, the Xiaomi YU7 has a length, width and height of 4,999mm, width of 1,996mm and height of 1,600mm, with a wheelbase of 3 meters, and is priced at 253,500 yuan for the standard version, 279,900 yuan for the PRO version and 329,900 yuan for the Max version.Judging from the pricing, the YU7 is mainly targeting the mid-size SUV market.Lei Jun said at the launch that the Model Y has been the top seller in the segment for many years, and he made a detailed comparison between various parameters of the YU7 and the Model Y.However, he also said that Tesla is still much ahead in terms of energy consumption and FSD.Similar to the listing of SU7, before the new car was listed, Lei Jun kept making noises through social platforms to build momentum for YU7.On 25 June, Lei Jun wrote that Xiaomi YU7 will be a key test for Xiaomi Automobile, because SUV is the real main battlefield of the automotive industry, and YU7 is about to usher in the most brutal competition.In the 200,000 to 300,000 yuan class pure electric SUV market, in addition to the Tesla Model Y, this segment also has Xiaopeng G9, Azure ES6 and other products.In addition, the range-extended electric vehicles launched by Li auto, AITO, and Luxeed are also located in this price range.This means that the price zone where the Xiaomi YU7 is located is very competitive.YU7 is the second product launched by Xiaomi Auto, the first car SU7 current monthly sales amount to nearly 30,000 units or so.Although SU7 has a good market performance after the listing, but millet car is still facing the problem of rebuilding security trust.In March this year, a fatal car accident that occurred in Tongling, Anhui Province, put Xiaomi SU7 into the limelight.The incident was followed by regulatory corrections on publicity issues such as assisted driving.The following May, Lei Jun responded to the impact of the SU7 accident in an internal speech, saying that Xiaomi had been subjected to a furious storm of questions, criticisms and accusations, and that traffic accidents were unavoidable, but that he hadn't expected the accident to hit Xiaomi so hard.He said, "millet is no longer a newcomer to the industry, there is no rookie protection period in any industry, to have higher standards and goals."On the other hand, Xiaomi Auto has also been embroiled in a storm of false propaganda and other controversies over the SU7 Ultra carbon fibre hood controversy, which has sparked some controversy with the view that Xiaomi Auto has always been more high-profile in terms of marketing.With the intensification of market competition, more and more car companies are beginning to reflect on this marketing model, trying to win the market by improving product power and service quality.At this conference, Lei Jun also emphasised the importance of safety.He said that safety is not just about luxury, but safety is the prerequisite and foundation.Although the launch of YU7 may have a certain diversion effect on potential SU7 buyers, the industry still believes that millet car sales are expected to grow further.Along with its sales growth, millet car is expected to achieve a single quarterly profit. 3 June, Lei Jun said at the millet investor conference, millet car business losses are gradually narrowing, is expected to achieve profitability in the third and fourth quarters of this year.Xiaomi group financial report shows that in the first quarter of 2025, millet intelligent electric vehicles and AI and other innovative business segments total revenue of 18.6 billion yuan, accounting for 16.71% of the total revenue of millet group, intelligent electric vehicle revenue of 18.1 billion yuan, up 10.7% compared to the previous quarter, the operating loss narrowed to 500 million yuan.The "2024 Xiaomi Automobile New Four Layout Analysis Report" published by Zosi Automobile Research and Development said that Xiaomi Automobile has multiple advantages, such as the company's abundant capital, high brand awareness, large fan base, excellent marketing and pre-sale activities.However, Xiaomi Auto also has some shortcomings, including insufficient experience in car manufacturing, insufficient R&D accumulation, and the need to polish software and manufacturing quality.According to the aforementioned report, Xiaomi's challenge is undoubtedly huge as it crosses over directly to building its own automotive factory and manufacturing cars under the premise that all of its mobile phones are OEM.For example, the company has relatively insufficient technical accumulation in battery management, in-vehicle systems, power batteries, and autonomous driving development; insufficient investment in EE architecture, automotive basic software, and charging and switching facilities; and insufficient accumulation in batteries, hybrids, chassis, and manufacturing.Declaration: This article comes from China Business News.If copyright issues are involved, please contact us to delete.
autoparts
What is the “road to rebirth” for retired batteries?
In recent years, the proportion of new energy vehicles in passenger cars has continued to rise. By the end of 2024, the national ownership has reached 31.4 million vehicles, and the installed capacity of power batteries has been the world's leading for many years.
autoparts
Rare earth shortage affects auto parts companies
On June 6, Japan's Suzuki Motor Corporation announced that some of its automobile production lines in Japan had temporarily stopped operating due to the failure of rare earth material parts from China to arrive on time.
autoparts
Which countries have been “relaxed” on US auto tariffs?
Auto tariffs have always been a top priority in US President Trump's trade and tariff policies. On April 9, the Trump administration announced that it would suspend the implementation of "reciprocal tariffs" for some countries and regions for 90 days, but auto tariffs were not included in the suspension.
autoparts
Accelerate integration! Many leading auto companies start group resource integration
"Time waits for no one. The current market environment has no room for error for Geely Auto." At the Geely Automobile Holdings Co., Ltd. (hereinafter referred to as "Geely Auto") 2025 first quarter performance conference in mid-May, Geely Auto CEO and Executive Director Gui Shengyue said that this is the basic logic for Geely to merge so quickly.
autoparts
Discovery
Release
China Association of Automobile Manufacturers (CAAM): Resolutely Oppose EU's High Tariffs on Chinese Electric Vehicles
The China Association of Automobile Manufacturers (CAAM) expressed concern that the European Union's high countervailing duties on Chinese electric vehicles pose significant risks and uncertainties for Chinese companies operating and investing in Europe. They argue this will damage confidence and negatively impact the EU's automotive industry, local employment, and green development. CAAM urges the EU to prioritize dialogue and cooperation to ensure a fair, non-discriminatory market environment and safeguard the global automotive supply chain.
王艺锦
ASE Leadership To Participate In Panel Discussion At CARS
Scheduled for Nov. 1 at Mandalay Bay Resort &amp; Casino in Las Vegas, the 2021 CARS event is a one-day live industry seminar designed specifically for mechanical repair shop owners and their managers.<!--[if gte mso 9]> <![endif]-->ASE and the ASE Education Foundation will participate in a panel discussion during the upcoming Automotive Service Association (ASA) Congress of Automotive Repair and Service (CARS) symposium.Scheduled for Nov. 1 at Mandalay Bay Resort &amp; Casino in Las Vegas, the 2021 CARS event is a one-day live industry seminar designed specifically for mechanical repair shop owners and their managers. Trish Serratore, senior vice president of communications for ASE, and George Arrants, vice president of ASE Education Foundation, will be part of a panel entitled “Finding and Keeping Tomorrow’s Talent-Putting Flexibility in Inflexible Structures.”
autoparts
1
eBay Launches 'Guaranteed Fit' Purchase Protection Program
Shoppers can now look for the green "Fits" compatibility checkmark on select parts and accessories listings. eBay Motors announced the launch of eBay Guaranteed Fit, a program it says gives users even more confidence when buying and selling on the marketplace. Shoppers can now look for the green ‘Fits’ compatibility checkmark on select parts and accessories listings to gauge whether the part will fit their vehicle.
Cocoa
1
Small Animals Can Cause Big Problems with Cars
Critters can inflict serious punishment on your customers’ vehicles. By Thomas Dayton June 13, 2023 You may be familiar with “Just Rolled In,” a YouTube channel highlighting some of the most terribly maintained and unsafe vehicles brought into shops across the country, along with strange “customer states … ” complaints that must be seen to be believed. While the worst damage is due to lack of maintenance and misguided DIY repairs, sometimes there’s no one to blame but Mother Nature. Animals of all varieties can inflict serious punishment on your customers’ vehicles. Collisions with deer cost insurance companies more than $1 billion annually, the result of roughly 1.5 million accidents. Of these, nearly 200 people are killed each year, and (presumably) a much larger number of deer! West Virginians have a one in 37 chance of being involved in a deer-related accident, the best (worst?) odds of hitting the Bambi lottery in the continental United States.
Cocoa
1
Standard Motor Products Launches New Corporate Website
“This new site has been designed to improve the user experience of all stakeholders, providing transparency into the company while showcasing SMP’s history as a leading manufacturer of automotive components,” SMP said in a news release. A redesigned homepage includes concise information on SMP’s markets, brands and sustainability efforts, as well as the company’s latest news, earnings and featured reports.
Cocoa
1
Registration Open for Heavy-Duty Leadership 2.0
The series will be held July 16-20 at Delta Hotels by Marriott in Farmington Hills, Michigan. The University of Aftermarket, through Northwood University, is accepting registration for this year’s Heavy-Duty Leadership 2.0 series. “Heavy-Duty Executive Development Series is a cornerstone in the industry’s efforts to foster the development of a new generation of visionary executives who will help drive the heavy-duty aftermarket to new heights of excellence in leadership and performance,” said Thomas Litzinger, executive director of the University of the Aftermarket, and associate professor for Northwood University.
Cocoa
1
Advance Foundation Gifts $300K to Broward College
The Advance Auto Parts Foundation’s gift will fund $5,000 scholarships for 10 automotive students over the next two years. Advance Auto Parts Foundation, the philanthropic arm of Advance Auto Parts, announced a $300,000 gift to Broward College aimed at increasing participation in the school’s automotive technology program, as well as providing needed tools and equipment to support student learning. The Advance Auto Parts Foundation gift also will support a dedicated, part-time recruiter at Broward College to help build enrollment for automotive technology programs and the purchase of general-use vehicles, equipment and supplies needed to support student studies.
Cocoa
1
Automakers Launch New Non-Saleable Parts/Airbag Lookup Tool
<!--[if gte mso 9]> <![endif]-->The Alliance for Automotive Innovation announced support for a new automaker-driven tool enabling anyone who handles aftermarket parts, businesses and associations to help identify recalled Takata airbags and work with dealers, and others, to identify and safely dispose of parts that cannot be re-sold under federal law.&nbsp;&nbsp;The Website, FreePartCheck. com&nbsp;will be especially important as automakers continue working to prevent recalled and non-saleable airbags and components subject to the Takata recall from appearing in inventory at salvage yards or recycling facilities.“Our members are committed to working to keep customers safe,” said Alliance for Automotive Innovation President and CEO John Bozzella. “This tool is designed to help prevent the purchase or resale of recalled Takata airbags and component parts that cannot legally be re-sold.”<!--[if gte mso 9]> <![endif]-->“The efforts of automakers, including the creation of this new tool, help make it easier than ever to identify parts that need to be replaced.&nbsp; This, in turn, promotes the safety of our roadways,” added Bozzella.
autoparts
1
BBB Named One Of The Best Companies To Work For In Alabama
Business Alabama Magazine recognized BBB at a Dec. 1 awards ceremony in Birmingham. Counterman Staff&nbsp;By Counterman Staff December 8, 2022.Business Alabama Magazine recently named BBB Industries one of the Best Companies to Work for in Alabama.The magazine recognized BBB at a Dec. 1 awards ceremony in Birmingham.&nbsp;“With 75% of the selection criteria being focused on employee feedback and the employee experience, it makes us particularly proud to be named one of the Best Companies to Work for in Alabama,” BBB CEO Duncan Gillis said.&nbsp;“Our company and our culture are special, and we are honored to receive this recognition.”
autoparts
1
ASE Announces 2022 Award Winners
“We had a tremendous group of nominees, and they all were deserving of this recognition,” ASE CEO Tim Zilke said.The National Institute for Automotive Service Excellence (ASE) has announced its award winners for 2022.“We want to congratulate all of the award winners and wish them continued success in their respective careers,” said Tim Zilke, ASE president and CEO. “We had a tremendous group of nominees, and they all were deserving of this recognition.”
autoparts
1