BMW is recalling over 145,000 vehicles in the US as an overheated starter could increase the risk of a fire, the National Highway Traffic Safety Administration said Wednesday.The issue affects vehicles across 2020 340I, X7, and X5 models, the auto safety regulator said.The issue affects vehicles across 2020 340I, X7, and X5 models, the National Highway Traffic Safety Administration said. REUTERSBMW dealers will replace the engine starter, free of charge, NHTSA said in the notice. Earlier this week, NHTSA sa ...

Group 1: Partnership and Program Overview - ChargeScape, a joint venture involving BMW, Honda, Ford, and Nissan, has partnered with PSEG Long Island to enroll electric vehicles (EVs) in the utility's Peak Load Reduction program, marking a first in the program's nine-year history [1] - The initiative aims to alleviate strain on the power grid during summer months by integrating over 4,000 BMW EV drivers and 2,200 Ford EV drivers into the power grid, providing financial incentives for participants [1][2] Group 2: Technology and Implementation - The Peak Load Reduction program utilizes ChargeScape's proprietary software algorithm, EV AI™, which analyzes real-time data from PSEG Long Island to optimize EV charging timing, duration, and intensity [2] - This technology ensures that EV electricity demand remains within the power grid's capacity at specific times and locations [2] Group 3: Industry Impact and Benefits - The program is seen as a collaborative effort between automakers and power utilities to enhance energy conservation while providing cost savings for EV drivers [3] - It is expected to reduce overall energy consumption, leading to future savings for all customers by decreasing the amount of electricity needed for subsequent summer periods [3] Group 4: Company Backgrounds - ChargeScape is a software company focused on connecting electric utilities, automakers, and EV drivers, helping stabilize electric grids and offering savings on at-home charging [10] - BMW Group has a significant presence in the U.S., with nearly 30 locations across 12 states, contributing over $43.3 billion to the U.S. economy annually [8][5] - Ford Motor Company is committed to innovative vehicle development and has a global workforce of approximately 175,000 employees [9]

Domestic News - The Ministry of Commerce responded to the "involution" competition in the automotive industry, stating that it will strengthen comprehensive rectification and compliance guidance to maintain fair competition and promote healthy industry development [2] - In Shenzhen, the "trade-in" policy has driven the sale of 60,400 vehicles, contributing to a total sales amount of 15 billion yuan in the automotive sector [3] - Tesla has participated in the "New Energy Vehicles Going to the Countryside" initiative for the first time, marking a strategic shift to target lower-tier cities and rural consumers [4] - OPPO signed a global patent licensing agreement with Volkswagen Group, which includes essential patents for cellular communication to enhance user experience in connected vehicles [6] - Changan Automobile's business has been separated into an independent central enterprise, with no immediate plans to merge with Dongfeng [7] - Avita announced plans to launch a new flagship six-seat SUV priced at over one million yuan by 2026, as part of its product expansion strategy [8] - Guotou Investment has made a strategic investment in Jinglue Semiconductor to accelerate the domestic replacement of automotive chips [9][10] - GAC and Changan have invested in Chen Zhi Technology, which has seen a significant increase in registered capital to support its R&D in intelligent driving technology [11] Foreign News - In the UK, new car registrations reached 150,070 in May, reflecting a year-on-year growth of 1.6% [12] - BMW is accelerating the launch of the new generation X5, X6, and X7 models, with significant improvements in energy density and range for electric versions [13] - Tesla's new AI chip, Dojo, is set to be released within two years, with ongoing advancements in its technology [14] - Japan has shifted its stance on US auto tariffs, proposing a tax reduction mechanism based on contributions to the US auto industry instead of a full tariff cancellation [15] Commercial Vehicles - The first OTS vehicle from Chuangwei, a large multifunctional pure electric VAN, has successfully rolled off the production line, marking a significant step towards mass production [16] - Jinlv's luxury coach has been officially delivered, representing a move towards higher quality in the local tourism transport market [18] - Shandong Heavy Industry Group signed a strategic cooperation agreement with China Everbright Bank to enhance collaboration in various financial services [19] - Suining, Sichuan, is supporting the production and application of new energy express delivery vehicles, aiming for significant advancements in intelligent logistics [20]