OEM Dynamics | OEM TrendIT Home: On June 4, Zhao Changjiang, executive director and executive vice president of Luxeed, updated followers on the brand's latest progress via Weibo. According to Zhao, Luxeed has been steadily recruiting top-tier automotive talent: a former chief designer from Ferrari, along with veteran chassis tuning teams from BMW and Aston Martin, have all come on board.IT Home: Recently, He Xiaopeng, chairman and CEO of XPENG, addressed rumors during a livestream. Amid extended delivery times for the XPENG GX, online claims that customers can "jump the queue by paying an extra 20,000 yuan" are false and strictly prohibited by company policy. He emphasized that XPENG will not tolerate queue-jumping via payment, noting that delivery sequences for the XPENG GX will strictly follow the order in which customers placed their requests.Yicai: Stella Li, executive vice president of BYD, recently confirmed on a talk show that "BYD is also developing (humanoid robots)." She noted that competition in robotics hinges on who possesses the strongest manufacturing, software, and hardware capabilities. Since automotive AI shares commonalities with robotics, she suggested that if robots eventually become viable for home use, BYD could sell them through its dealer network. Li also stated that BYD could create an open platform—either building robots in-house or collaborating with other partners.Gasgoo: Nissan recently disclosed that it is in deep discussions with Chery to build vehicles at Nissan's Sunderland plant in the UK. The two companies have signed a non-binding memorandum of understanding, under which Chery's UK subsidiary would take over one of the factory's two production lines. Nissan stated in a release that, should the deal proceed, Chery will officially begin production at Sunderland in the fiscal year starting April 2027. The companies have not yet announced which models will be built, though industry insiders expect Chery to primarily focus on right-hand-drive models tailored for the UK market.Supply Chain News | Components CompaniesCLS: On June 4, TSMC's chief executive officer stated that the chipmaker views autonomous vehicles and robotics as long-term growth drivers and is striving to help the robotics industry succeed.Gasgoo: FinDreams Battery Co., Ltd. and the Meishan Xingmei Investment Group recently signed a framework cooperation agreement at FinDreams' headquarters in Pingshan, Shenzhen. The two parties will deepen collaboration across areas including fast-charging networks for heavy-duty trucks, zero-carbon park development, power battery support, and hard carbon anode resource development. Under the agreement, they will establish a standardized, routine cooperation mechanism with a focus on accelerating the implementation of specific projects.Gasgoo: Recently, intelligent driving solution provider Motovis announced that it has officially secured a project designation for an export model from Chery Automobile Co., Ltd. This marks another significant step forward for the company's smart driving product portfolio and the continued expansion of its overseas operations. The partnership further deepens collaboration between Motovis and Chery in the field of intelligent driving for international markets, signaling another milestone in the global rollout of Chinese technology.Gasgoo: Schaeffler and Spirit AI have officially signed a strategic cooperation agreement. The two parties will focus on embodied intelligence data collection, core components for humanoid robots, and industrial applications, aiming to accelerate the industrial deployment of embodied large models and humanoid robotics technology in advanced manufacturing.Industrial Economy | Industrial Focus21st Century Business Herald: According to the National Development and Reform Commission website, starting at 24:00 today (June 4), retail price ceilings for gasoline and diesel will be lowered by 525 yuan and 505 yuan per ton, respectively. On a per-liter basis, prices for No. 92 gasoline, No. 95 gasoline, and No. 0 diesel will drop by 0.41 yuan, 0.44 yuan, and 0.43 yuan, respectively. For a private car with a 50-liter tank, filling up with No. 92 gasoline will cost 20.5 yuan less starting tomorrow.CLS: On June 4, amid surging demand for AI computing power and sustained high growth in the new energy vehicle and energy storage sectors, the copper foil industry is entering a new upcycle. Reports indicate that high-end PCB copper foil and lithium battery copper foil from multiple manufacturers are sold out at full capacity, with prices for both categories rising to varying degrees. The industry has only recently emerged from a downturn, leading to cautious sentiment regarding overall expansion. Meanwhile, constrained by technical barriers, expansion difficulties, and capital expenditures, there are significant bottlenecks in expanding high-end production. Industry analysts suggest that because expansion rates are lagging behind demand growth, the supply-demand mismatch and price increases for high-end copper foil are likely to accelerate.IT Home: Recently, according to data from the General Administration of Customs compiled by the China Association of Automobile Manufacturers, the total import and export value of automotive goods in April 2026 reached $28.09 billion, up 16.2% month-on-month and 21.6% year-on-year. From January to April 2026, the cumulative import and export value of automotive goods nationwide totaled $103.46 billion, a 26.4% increase from the previous year.Gasgoo: Shouyi Technology has completed an Angel++ financing round worth tens of millions of yuan. This round was led by Qiancheng Capital, with participation from several prominent institutions including Nanshan Zhanxin Investment, Leaguer Venture Capital, and Yinghui Venture Capital. Existing shareholders InnoAngel and Atom Capital continued to increase their investments significantly. Notably, this marks the third financing round Shouyi Technology has completed since 2026.Gasgoo: Daimon Robotics Technology recently completed a Series A financing round worth 100 million yuan. The round was jointly invested by Inovance Industrial Fund, a subsidiary of Inovance Technology, and China Telecom. The funds will be used to build ultra-large-scale datasets containing physical interaction information, advance the development of physical world models, and drive the data flywheel and business closed-loop in real-world physical scenarios.Policy Dynamics | Policy SituationXinhua: At a regular press conference on June 4, the Ministry of Commerce addressed questions regarding the U.S. Department of Commerce's move to block alleged "regulatory loopholes" in chip exports. The spokesperson stated that in recent years, the U.S. has repeatedly abused export controls under the pretext of national security, severely damaging the legitimate rights of Chinese enterprises, undermining international economic order, and destabilizing global semiconductor supply chains. China consistently opposes these actions. Beijing urged Washington to correct its mistakes promptly, halt discriminatory measures against China, and maintain the stability of global supply chains.CLS: The Qingdao Municipal People's Government recently issued the "Outline of the 15th Five-Year Plan for National Economic and Social Development of Qingdao," setting 20 major indicators. Qingdao plans to accelerate the development of "10+1" innovative industries, taking unconventional measures to boost two pilot sectors: next-generation information technology and artificial intelligence. The city will also intensify efforts to build five emerging industries: life and health, intelligent connected new energy vehicles, the low-altitude economy, green energy, and intelligent equipment. Additionally, it aims to revitalize three advantageous industries—smart home appliances, high-end chemicals and new materials, and modern light industry—and make forward-looking arrangements for future sectors. The plan promotes embodied intelligence, terahertz technology, aerospace information, hydrogen energy, and quantum technology as new economic growth engines, while establishing pilot zones for future industries.Personnel Changes | Change of personalGasgoo: Recently, BASF's Coatings division announced a key executive appointment: effective July 1, 2026, Steve Arndt will succeed Chris Titmarsh as Senior Vice President of Global Automotive Refinish at BASF Coatings. Titmarsh, who served at BASF for 20 years—including 11 years in the global automotive refinish business—has decided to step down.
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