Car 1In an internal employee announcement, Gaohe Automobile said that in view of the short-term financial constraints and the uncertainty of the restructuring time, it will provide a negotiation and quick signing channel for employees who want to leave during the shutdown period to terminate the labor contract. According to the announcement, Hi-Hop Automobile will pay severance payments, wages in lieu of notice and outstanding wages to employees who signed the agreement before March 1, that is, the statutory "N+1" compensation provided by the employer to the employee when the labor relationship is terminated. However, this compensation cannot be paid to employees immediately. According to the announcement, combined with the current financial situation of Gaohe Automobile, the compensation will be compensated at a monthly rate of 25% from September to December this year. "Now some employees have considered initiating labor arbitration. According to the above-mentioned person, even if he stays in Gaohe Automobile, he can only get the local statutory basic salary after March, and the provident fund and social security are also at risk of being cut off. 
Autonomous car review: Although Gaohe Automobile is willing to give compensation, but this compensation is far away.
2.Uwe Hochgeschurtz, head of European operations at Stellantis, has warned that the UK must do more to encourage drivers to switch to electric vehicles before the company is committed to fully converting its Luton van plant to produce battery-powered models. Stellantis is in talks with the UK** for financial support to renovate the plant. Stellantis announced last week that it will begin "limited production" of medium-sized electric vans in Luton, England, next year, where the company currently produces diesel-powered vehicles. Stellantis is the owner of the British car brand Vauxhall.
Autonomous vehicle review: Although the wave of new energy vehicles in China is accelerating, the market for traditional energy vehicles in Europe and other places is still large.
3.Polestar announced that it has earned 9$500 million in external financing. The financing is a three-year loan and is being provided by 12 banks, including BNP Paribas, Natixis, Standard Chartered, BBVA, HSBC and Shanghai Pudong Development Bank. Thomas Ingrath, CEO of Polestar, said: "Obtaining financing from global banks is a testament to the confidence our partners have in Polestar's development. With the support of Geely Holdings, Polestar will achieve its goal of breaking even with cash flow by 2025.
Autonomous car review: Polestar has successfully completed its IPO, and it will be easier for the company to get more funding.
4.Japan's Honda Corporation announced the official launch of its latest fuel cell hybrid model, the CR-V e:FCEV (FCEV stands for Fuel Cell Electric Vehicle). The exterior of the new car is not much different from the standard CR-V model, and the main highlight is that in addition to the fuel cell, it also has a plug-in charging function. It is equipped with 17The 7kwh battery supports the vehicle about 46An all-electric range of 67 km. The CR-V E:FCEV is powered by hydrogen fuel and has a range of approximately 435 km under the EPA standard, while the addition of charging capabilities makes it easier to use in urban environments. Honda plans to produce the CR-V e:FCEV in the U.S. and sell it in other regions. At the exhibition on the 28th, Honda showed the car to the public for the first time. A distinctive feature of this vehicle is that it takes only about 3 minutes to refill the hydrogen.
Autonomous Vehicle Review: Although Japanese car companies are lagging behind in the field of pure electric vehicles, they have a lot of layouts in the field of fuel cell vehicles.
5.Xpeng Motors announced on the Hong Kong Stock Exchange today that the dates of Xpeng Motors are July 26, 2023 and December 6, 2023, in relation to Volkswagen's acquisition of Xpeng Motors4After the announcement of the 99% stake and the strategic technical cooperation framework agreement between the two parties, Xpeng Motors and Volkswagen Group signed a joint development agreement for strategic technical cooperation in platform and software. The signing of the joint development agreement will not only accelerate the joint research and development of the two B-segment pure electric vehicles, but also lay a solid foundation for a broader and deeper strategic cooperation between the two parties. As an important part of the joint development agreement, Xpeng and Volkswagen have also entered into a joint procurement plan for common parts for their models and platforms.
Autonomous Car Review: With the support of the Volkswagen Group, Xpeng Motors is able to gain more attention from potential consumers.