OEM TrendsIT Home: SGMW announced yesterday that it has signed a strategic partnership with Grab, Southeast Asia's leading ride-hailing platform, and completed vehicle deliveries. Grab’s leasing arm is introducing the Wuling Bingo in batches, deploying the fleet entirely for ride-hailing operations in Indonesia. Wuling Indonesia has actively courted top mobility brands like Grab and GOTO; after two years of effort, it has successfully penetrated the local market, becoming a core partner in Grab’s electric fleet expansion.Fast Tech: Tesla’s patent application for a "Vehicle Suspension Actuator System" was approved by the US Patent and Trademark Office on June 28. The filing outlines a hybrid active suspension that merges active motor-driven control with passive components. Comprising active actuators, passive elastic elements, adaptive dampers, and parallel air springs, the system is designed to cut unnecessary energy consumption, extend component life, and sharpen handling while improving ride comfort. Notably, the patent could integrate with Tesla’s previously disclosed "road roughness map" technology, allowing the vehicle to scan the road ahead and pre-adjust the suspension. Tesla has not yet announced production plans or which model will debut the feature.Cailian Press: The State Administration for Market Regulation (SAMR) published a summary of an antitrust filing on June 24 regarding a new joint venture between Volkswagen AG and SAIC Motor. According to the disclosure, Audi AG, Volkswagen China, and SAIC Motor will hold 41%, 10%, and 49% stakes in the new entity, respectively. The JV will primarily provide engineering services for battery-electric passenger vehicles to the partners and their affiliates.Cailian Press: Great Wall Motor recently held its 2025 annual shareholders' meeting, outlining six core value dimensions: corporate ethos, financial resilience, R&D endurance, technological leadership, industrial mastery, and brand growth. Chairman Wei Jianjun emphasized that as the company expands overseas, product reliability is paramount. "Having zero incidents is the best after-sales service," he stated, adding that the company must sharpen its internal capabilities, build its technology reserves, and drive down ownership and maintenance costs to stay competitive. Meanwhile, President Mu Feng revealed that Great Wall Motor will continue to cultivate the European market, with a long-term vision of becoming a mainstream brand there. To achieve this, the company plans to establish local R&D and production capabilities, operate wholly-owned sales and service networks, and integrate itself into the European automotive ecosystem.IT Home: Richard Yu, Huawei’s executive director and chairman of the Consumer Business Group, announced that the new AITO M9 series has secured over 42,000 firm orders in just one month. Launched on May 27 under the HarmonyOS Intelligent Mobility alliance, the new model is offered in standard and Ultimate long-wheelbase editions, with prices starting from 479,800 yuan.Cailian Press: Mercedes-Benz Group plans to withhold annual bonuses from approximately 90,000 employees in Germany and is proposing longer working hours without additional pay, according to a recent report. Citing an internal document, the report states: "Mercedes-Benz will be forced to withhold the annual extra payment, originally scheduled for July, for about 90,000 employees in Germany. In difficult economic times, employers may choose to defer or cancel this payment." The move is estimated to save more than 10 million euros. Additionally, management intends to discuss extending working hours without compensation. Mercedes-Benz employees currently work a 35-hour week.Supply Chain NewsJiemian News: Bosch Group stated via its official WeChat account that recent personnel changes to its board of directors will not impact its business operations in China. China remains one of Bosch’s most critical strategic markets globally and a key hub for innovation. Moving forward, Bosch said it will continue to work closely with customers and partners to deepen its presence in the Chinese market. An announcement revealed that, following consultation with shareholders, Stefan Hartung has requested to step down as chairman of the Bosch board of directors on June 30, 2026. He will also resign from the board and the management of Robert Bosch Industrietreuhand KG. Effective July 1, 2026, Vice Chairman Christian Fischer will succeed him.Hongxing Capital Bureau: China Grand Automotive Services, once a dealer giant, has fully transformed into a landlord role, according to the company’s board office. While the company owns land and buildings for over 500 outlets, only about 30 remain operational—primarily for after-sales repairs. Industry insiders reveal that China Grand Automotive has essentially exited the new car sales business, shifting its focus to property leasing and managing after-sales operations for existing vehicles.Gasgoo: CATL has officially launched its direct sales platform, "CATL Mall," targeting small and medium-sized energy storage integrators with fragmented or small-batch procurement needs. The platform currently lists three mainstream energy storage cell specifications—100Ah, 280Ah (1P), and 314Ah—with a low minimum order threshold of just three boxes. This move significantly lowers the barrier to entry for smaller buyers, disrupting the traditional supply model dominated by large-volume locked orders and priority scheduling for major clients.Jiemian News: The Zhengzhou High-tech Zone has signed an agreement with Zhongke Fenyan (Henan) Superhard Materials Co., Ltd. to establish a production base for fourth-generation semiconductor materials. This facility marks China’s first full-industry-chain project for fourth-generation semiconductors, plugging a critical gap in Henan’s globally competitive superhard materials supply chain.Industrial EconomyJiemian News: In a post on June 28, Cui Dongshu, secretary-general of the China Passenger Car Association (CPCA), noted that imported vehicle volumes stood at 38,000 units in May 2026—a 19% year-on-year decline. However, due to a low baseline in January 2025, and despite transport disruptions caused by the conflict between the U.S. and Iran, the overall decline in imports was relatively muted. For the first five months of 2026, total imports reached 160,000 units, down 11% from the previous year. As domestic brands rise and international automakers accelerate localization, vehicle imports have remained sluggish in recent years. Imports have seen negative growth for three consecutive years; if volatility is smoothed out, the decline extends to eight years.Star Market Daily: Wang Shu, vice president of Yaoxin Micro, said in an interview that looking at downstream applications, AI computing, new energy vehicles, energy storage, and high-end industrial control are the sectors with the highest pricing elasticity. In contrast, mature applications such as consumer electronics, home appliances, and general motor power supplies show weaker pricing elasticity. Regarding the duration of price increases, Wang believes cost pressures from upstream raw materials and wafer manufacturing are unlikely to dissipate quickly in the short term, creating a floor for device prices. Consequently, the price hikes are not expected to be a short-term spike but rather a sustained transmission cycle over a period of time.Cailian Press: Recent data from the National Bureau of Statistics shows profit trends for major industries from January to May. The non-ferrous metals smelting and rolling processing sector saw profits jump 117.1% year-on-year, while computer, communication, and other electronic equipment manufacturing rose 103.9%. Chemical raw materials and products manufacturing climbed 71.6%, and coal mining and washing grew 33.5%. Oil and gas extraction increased 17.2%, and textiles rose 11.7%. On the downside, general equipment manufacturing dipped 0.2%, and electric power and heat production fell 4.1%. Specialized equipment manufacturing dropped 5.5%, and agro-food processing declined 13.3%. Electrical machinery and equipment manufacturing fell 13.7%, while automobile manufacturing slumped 19.8%. Ferrous metals smelting dropped 37.4%, non-metallic mineral products fell 48.9%, and petroleum, coal, and other fuel processing industries swung from loss to profit.Policy SituationFast Tech: China will implement a new set of national automotive safety collision standards starting July 1. Among them, the "Occupant Protection in Side Impact" standard represents the most stringent upgrade in nearly two decades. The new standard raises the mass of the side-impact trolley from 950 kg to 1,400 kg and adopts a moving barrier that better simulates real-world accident characteristics. All new models launched after July 1 must withstand this higher-intensity side-impact test, significantly raising the baseline for side safety in Chinese vehicles. The new standard also sets specific safety requirements for electric vehicles: batteries must not shift within the cabin during a side impact, and power batteries must not ignite or explode within 30 minutes after the collision. Additionally, vehicles are required to automatically activate hazard warning lights post-crash to reduce the risk of secondary accidents.Fast Tech: The newly released 15th Five-Year Energy Plan sets a clear target: by 2030, the total number of domestic charging facilities will double to 40 million, creating a network capable of supporting the daily charging needs of 110 million electric vehicles. As of the end of May this year, the total number of charging connectors stood at 22.497 million. These fall into two categories: public chargers, numbering fewer than 5 million, and private chargers installed by vehicle owners, which total nearly 17.55 million—roughly three times the number of public piles.