Group 1: Core Industry Development - Jinan City has identified five key industries for future development: artificial intelligence, new energy equipment, aerospace information, high-end software, and automotive (new energy vehicles) [1] - The focus is on driving advanced manufacturing and digital economy growth through these industries [1] Group 2: Artificial Intelligence Industry - The goal is to build a "high computing power, large model, strong application" innovation system for the artificial intelligence industry [2] - Efforts include enhancing network infrastructure, supporting algorithm innovation, and creating an industrial ecosystem with leading companies like Alibaba and Tencent [2] Group 3: New Energy Equipment Industry - The strategy is to promote the new energy equipment industry towards intelligence and high-end development, focusing on wind, solar, nuclear, hydrogen, and energy storage [3] - Key initiatives include supporting major enterprises, advancing significant project construction, and establishing high-level innovation platforms [3] Group 4: Aerospace Information Industry - The development of the aerospace information industry is driven by low-altitude economy and commercial space, focusing on application scenarios and technological innovation [4] - Actions include expanding application scenarios, building an industrial system, and enhancing infrastructure [4] Group 5: High-End Software Industry - The software industry is being promoted towards high-end, intelligent, and large-scale development, with a focus on emerging software and industrial software [5][6] - The strategy includes leveraging application scenarios in various sectors and fostering a software industry cluster [6] Group 6: Automotive Industry - The automotive industry is being developed with an emphasis on smart manufacturing and expanding the new energy vehicle supply chain [7] - Key actions involve establishing a new energy vehicle industrial park and enhancing supporting services through AI and high-end software [7]

Core Viewpoint - Archer Aviation's shares experienced a significant decline of 10.9% amid broader market gains, primarily due to a lawsuit proceeding against the company and poor financial forecasts from its major backer, Stellantis [1][5]. Group 1: Lawsuit Against Archer - A shareholder lawsuit has been filed against Archer, alleging that the company and its SPAC merger architects misrepresented the value of shares and the progress of aircraft development [2]. - The Delaware Chancery Court has allowed the lawsuit to move forward, requiring Archer to defend itself against these allegations [4]. Group 2: Stellantis' Financial Performance - Stellantis, a key investor in Archer, reported a projected loss of $2.68 billion for the first half of the year and has suspended issuing any guidance due to tariff uncertainties [5]. - The disappointing financial outlook from Stellantis has raised concerns among investors regarding its continued support for Archer as it seeks to reduce costs [5]. Group 3: Competitive Landscape - The electric vertical takeoff and landing (eVTOL) market is competitive, with Joby Aviation positioned more favorably to be the first to market, bolstered by its partnership with Toyota, known for quality and reliability [6].

Core Points - Ayvens has appointed Philippe de Rovira as Chief Executive Officer, effective December 1, 2025, following the recommendation of the Nomination Committee as part of its succession planning [1] - Tim Albertsen will retire on December 1, 2025, after serving as CEO and a member of the Board of Directors, and will continue to lead until the new CEO's appointment takes effect [2] - The Board of Directors expressed gratitude to Tim Albertsen for his leadership and commitment to the PowerUp 2026 plan, which will remain unchanged until the end of 2026 [2][3] - The integration process within Ayvens is progressing as planned, with Q2 2025 financial results scheduled for release on July 31, 2025 [3] Philippe de Rovira's Background - Philippe de Rovira has extensive experience, having joined PSA Group in 1998 and held various Business and Finance positions until 2017, including leading a division focused on B2B sales and remarketing of used cars [4] - He served as Chief Financial Officer of PSA Group in 2018 and was a member of the Global Executive Committee, overseeing the remarketing of used cars [5] - In 2021, he became Chief Affiliates Officer at Stellantis, responsible for Financial Services, Parts & Services, and Circular Economy, and in 2025, he took on the role of Chief Operating Officer for Asia and Middle East/Africa [5] Company Overview - Ayvens is a leading global player in sustainable mobility, providing full-service leasing, flexible subscription services, fleet management, and multi-mobility solutions [6] - The company operates with over 14,000 employees across 41 countries, managing 3.2 million vehicles and the world's largest multi-brand electric vehicle fleet [7] - Ayvens is listed on Compartment A of Euronext Paris, with Societe Generale Group as its majority shareholder [7]

The surge in Chinese car exports is reshaping auto markets around the world, triggering a price war that’s rippling across Mexico to Malaysia ⤵️ https://t.co/aRh95Qyb6G ...

Partnership & Investment - Uber has invested several hundred million dollars in Nuro, holding a standard equity stake, indicating strong confidence in the partnership and program [2][3] - Lucid is receiving a $300 million investment from Uber [1][2] Technology & Product - Nuro's driver hardware component (sensor and compute) is being integrated into Lucid's vehicles on the production line [1] - Nuro's technology stack, including a sensor suite designed by Nuro using automotive-grade off-the-shelf sensing, is being integrated into Lucid vehicles [11] - Nuro has shifted its focus from vertically integrated delivery services to licensing its AI-driven self-driving technology for passenger transportation [13][14] - NVIDIA's SOC (System on a Chip) powers the compute for Nuro's Robotaxi platform, simplifying compute and reducing costs [6][7][8] Production & Deployment - Lucid is expected to manufacture 20,000 Gravity SUVs for Uber over a six-year period, starting in late 2026 [9] - Nuro has been operating fully driverless vehicles on public roads for over five years [10] - Nuro achieved rapid prototype development with the Lucid platform, completing the first prototype in approximately seven weeks [11]

Core Insights - Hillcrest Energy Technologies has published a technical white paper detailing the advantages of its Zero Voltage Switching (ZVS) technology in power inductor design, highlighting significant cost savings and size reductions [1][2][5] Market Context - AC filter inductors account for 15-25% of total system cost and volume in grid-connected power systems, presenting a critical component challenge [2][10] - The global power electronics market is projected to exceed $50 billion by 2030, indicating substantial commercial opportunities for efficiency improvements in core components [2] Research Methodology - The analysis compared conventional inductor designs with ZVS-optimized alternatives in 200 kW power range applications, focusing on LC and LCL filter topologies [3][4] Performance Analysis - ZVS-optimized inductors showed a 75% cost reduction, 4x weight reduction, and 3.3x volume reduction compared to conventional designs [5] - The ZVS systems achieved 45% lower total inductor losses, with copper losses reduced by 40% and core losses by 2.5x [5][6] Industry Applications - The research has applications in electric vehicle charging infrastructure, grid-tied renewable energy systems, and energy storage applications, where reduced component footprint and improved efficiency are critical [7][12] Commercial Development - Hillcrest is transitioning from technology development to commercial deployment, establishing Centers of Excellence for various applications [12] - The company is collaborating with Ocean Batteries to develop a 200kVA | 800V ZVS inverter prototype for marine shore power applications, targeting the European energy storage market [13] Strategic Partnerships - Hillcrest is engaged in a technology evaluation project with a global Tier 1 automotive supplier to assess the integration of ZVS technology into next-generation electric vehicle inverters [14] - The company has completed customer demonstrations showing its ZVS traction inverter prototype achieving up to 99.7% efficiency [15] Strategic Financing - Hillcrest announced a CDN $4.25 million private placement from a strategic investor, which would result in the investor holding approximately 19.9% of the company's shares [20] - The company is actively pursuing additional funding opportunities, including potential licensing arrangements [22]

Volvo Car’s operating income dropped in the second quarter as global trade tensions hurt sales https://t.co/dX7kqXeRmD ...

Group 1 - SpaceX plans an internal share sale, with a valuation rising to approximately $400 billion, marking it as the most valuable private startup globally [2] - The share price for this transaction is set at $212 per share, significantly higher than the previous valuation of $350 billion at $185 per share [2] - Zhong Xuegao, a popular ice cream brand, has been filed for bankruptcy due to inability to pay debts, with only a few flavors remaining for sale [2] Group 2 - MiniMax is seeking to complete a new financing round of nearly $300 million, which will push its valuation above $4 billion [6] - The company is also pursuing an A-share listing [6] - Xiaobai Group has launched a "Phoenix Returns" partnership program aimed at transforming outstanding employees into business partners [6] Group 3 - Nvidia's CEO Huang Renxun praised China's rapid innovation in AI, highlighting the contributions of various Chinese companies [7] - Xiaopeng Motors has increased its recruitment plan for the year from 6,000 to 8,000 employees, focusing on fresh graduates in smart driving and AI fields [9] - Nvidia has resumed sales of its H20 chip to China, leading to increased inquiries from distributors [9] Group 4 - ByteDance has denied reports of applying for the purchase of Nvidia's H20 chip [11] - The company Thinking Machines Lab, founded by OpenAI's former CTO, has completed a $2 billion financing round [16] - Faraday Future announced it has secured $105 million in funding to accelerate the launch of its new model FX Super One [16] Group 5 - Tesla is set to launch the Model Y L, a six-seat luxury electric SUV, in the fall with an expected price around 400,000 yuan [9] - The Model 3+ long-range version is anticipated to be available by September, priced at approximately 270,000 yuan [17][18] - BMW's 7 Series is undergoing a mid-cycle facelift, featuring redesigned split headlights [20] Group 6 - Amazon Web Services has launched Kiro, an integrated development environment designed for AI agents [22] - The Zunyi District Catering Industry Association has retracted a proposal urging food delivery platforms to stop excessive subsidies [12] - Meta has recruited two top researchers from OpenAI to bolster its new superintelligence lab [12]

What the EU is really worried about is that 30% tariff on on goods and 25% sector tariffs that still remain on autos. And look, it's hitting Mercedes bad. It's hitting Porsche bad. Uh hitting Volkswagen's Audi bad.Look, they're all having to take sort of hits to their sort of bottom line because of the fact they're trying to price protect some from some buyers, but they can't do that forever. And so the question is, can they get this deal done uh before 2020 before the fall where the 2026 models model comes ...

“Europe’s transformation plan for the auto industry must move beyond idealism to acknowledge industrial and geopolitical realities,” warns Ola Källenius. “We need a course correction” https://t.co/0sOgV2in8Z ...