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Latest News About the Vehicle Market in the beginning of July

Self Driving Transportation 1. Weidong Technology and Black Sesame Intelligence Strategic Cooperation to Accelerate the Commercialization of Automotive Global Intelligence

On July 8, 2021, Beijing Weidong Technology Co., Ltd. (hereinafter referred to as “Widow Technology”), a technology company focusing on high-level autonomous driving, announced that it will cooperate with Black Sesame Intelligent Technology (Shanghai) Co., Ltd. (hereinafter referred to as “Black Sesame Intelligent “) To reach a strategic cooperation, the two parties will carry out all-round cooperation in areas such as smart driving and smart cockpits to jointly promote the large-scale implementation of high-level autonomous driving technologies.

According to the agreement, the two parties will give full play to their technical advantages and landing experience in their respective fields, actively explore the optimal matching degree of algorithm software and chips, and integrate the high-precision perception algorithm, high-real-time and high-reliability system software capabilities of Weidong Technology into Black Sesame’s intelligent high-performance, low-power, vehicle-grade large computing power chip computing platform creates an automatic driving and intelligent cockpit integration solution that meets high-performance requirements. It empowers automakers to achieve global intelligence from the intelligent driving domain to the cockpit domain. The application of level autopilot function has been implemented.

 

With the continuous improvement of automotive intelligent technology, the complex logic operations and large amounts of data processing requirements of the L3-L5 level system have put forward higher requirements for the performance of the automatic driving system. The matching degree between the software algorithm and the chip is the key to determining whether the autopilot system can release its performance more efficiently.

 

Regarding this cooperation, Sun Zheng, founder and CEO of Weidong Technology, said: “I am very pleased to have reached a strategic partnership with Black Sesame Intelligence. Based on its own advantages in software algorithms such as autonomous driving and smart cockpits, Weidong Technology has cooperated with Black Sesame Intelligence. The strong alliance and in-depth cooperation of intelligent, high-performance, car-level and large computing power chips will actively promote the development of high-level autonomous driving and empower the automotive industry. We are very looking forward to the prospects of cooperation between the two parties.”

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Liu Weihong, co-founder and COO of Black Sesame Intelligence, said: “Widow Technology has a lot of experience in the development and implementation of visual perception algorithms. Based on Black Sesame Smart’s high-performance, low-power consumption, and autonomous driving chips that meet the highest level of safety requirements for automobiles, both parties This joint effort will jointly create a global intelligent solution for customers with highly matching software algorithms and chips, providing safer, more efficient, higher-performance, and easier-to-use solutions for the automotive industry, enabling rapid mass production and promoting automation Large-scale application of driving.”

 

At present, high-level autonomous driving has entered the mass production cycle on a global scale. L3+ autonomous driving function has become the starting point for automakers to seize the market, and “software algorithm + computing power” will provide assistance for the commercial implementation of high-level autonomous driving .

 

Weidong Technology has years of deep cultivation in visual perception algorithms and a large number of R&D advantages. Black Sesame’s high-performance large computing power chip is recognized by the industry. The two parties will work together to create more efficient and higher-performance autonomous driving. System, accelerate the development of the global automobile industry.

 

About Weidong Technology

 

Weidong Technology is an automobile intelligent technology company, focusing on creating high-precision perception algorithms, high-real-time and high-reliability system software platforms and heterogeneous computing engines for high-level auto-driving cars. The company is committed to empowering OEMs to provide consumers with a safer and more convenient driving experience. Weidong Technology has always been centered on the layout of intelligent driving, based on the accumulation of perception technology, fully launched the development of high-level autopilot functions, and created a software architecture suitable for full-featured autopilot, realizing autopilot assistance, autonomous parking system, and high performance The high-security middleware system and the software and hardware basic platform supporting the development of autonomous driving empower OEMs to achieve the rapid implementation of high-level autonomous driving products.

 

About Black Sesame Intelligence

 

Black Sesame Intelligent Technology is an industry-leading research and development company for automotive-grade autonomous driving computing chips and platforms. It focuses on high-tech research and development in technical fields such as large computing power computing chips and platforms. It can provide complete autonomous driving and vehicle-road collaboration solutions. Including autonomous driving perception computing chips and autonomous driving computing platforms based on car-level design, learning image processing, low-power precision perception, and supporting the rapid industrialization of related product solutions in the autonomous driving industry chain.

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2. SAIC Motor’s sales from January to June are released, new energy quadruples, overseas doubles

In the first half of this year, SAIC Motor’s terminal retail sales reached 2.946 million vehicles, a year-on-year increase of 29.7%, higher than the industry average growth rate, and its leading position was solid. Among them, the retail sales of new energy vehicles reached 280,000, ranking first in China; overseas retail sales reached 265,000, continuing to lead the industry. The global automotive industry chip shortage has a certain impact on production and wholesale volume in the first half of the year (data disclosed in the announcement). SAIC is actively cooperating with its supply chain and dealer partners to overcome difficulties and further activate terminal sales. The shortage is expected to gradually ease in late July, when SAIC will speed up production and make full use of it.

 

From January to June this year, the retail sales of the three major brands of SAIC Passenger Cars Roewe, MG, and R reached 418,000 units, a year-on-year increase of 62.3%; SAIC Maxus’ retail sales reached 106,000 units, a year-on-year increase of 57.2%; SAIC Volkswagen retail sales SAIC-GM’s retail sales reached 746,000, a year-on-year increase of 25.5%; SAIC-GM-Wuling’s retail sales reached 884,000, a year-on-year increase of 39.5%; SAIC Hongyan’s retail sales reached 49,000, a year-on-year increase 46.6%.

 

The sales of new energy vehicles have increased significantly. In the first half of the year, SAIC’s new energy vehicle retail sales reached 280,000 units, a year-on-year increase of 412.6%, maintaining the monthly domestic new energy vehicle sales champion “Six Lianzhuang”. “People’s Scooter” Wuling Hongguang MINIEV sold 158,000 units, and the total sales of SAIC Motor Passenger Cars’ Roewe, MG and R new energy vehicles exceeded 10,000 for four consecutive months. At present, the proportion of new energy sales of SAIC-GM-Wuling and SAIC passenger vehicles has reached 20.3% and 16.6% respectively, which greatly exceeds the industry average.

 

Sales in overseas markets are steadily increasing. From January to June, SAIC’s overseas retail sales reached 265,000 vehicles, a year-on-year increase of 112.8%, ranking No. 1 in overseas sales of Chinese auto companies. As China’s single-brand overseas sales champion, SAIC MG brand overseas retail sales exceeded 130,000 in the first half of the year, doubling year-on-year. Especially in developed European countries such as Britain, Germany, France, Italy, and the Netherlands, the sales volume of MG brand reached 21,000 vehicles, of which nearly 60% were new energy vehicles. SAIC Maxus sold nearly 22,000 overseas vehicles, a year-on-year increase of 281%. In the first half of the year, SAIC’s own brands accounted for more than 60% of SAIC’s overall overseas sales, and sales of new energy vehicles reached 20,000, becoming another “flag” of “Smart Manufacturing in China” going global.


Post time: Jul-12-2021