Easy Car News On July 1, SAIC held a general meeting of shareholders, and Chen Hong, chairman of SAIC, answered dozens of questions raised by shareholders. These include autonomous driving related business, "lack of core" in the automobile industry, and the reform of SAIC's system and mechanism.
Autopilot: It is difficult for SAIC to accept a single supplier to provide us with the overall solution
When investors asked about the cooperation between SAIC and third-party autopilot such as Huawei and Baidu, Chen Hong replied: It is difficult for SAIC to accept a single supplier to provide us with the overall solution. This will become "he is the soul and I am the body", which we can't accept. Our soul must be in our own hands, so we don't accept any supplier's overall solution, but at most we cooperate. We have a lot of cooperation with Huawei in 5G, and there will be a lot of cooperation in the connected ecology in the future; So is Baidu. Baidu attaches great importance to this software developer conference and has a lot of cooperation.
when asked by investors what is the competitive advantage of SAIC's SOA platform compared with Huawei's HarmonyOS platform, Chen Hong replied: We will cooperate with Momenta to launch Robotaxi in Shanghai and Suzhou in the fourth quarter of this year. Robotaxi has set the goal of contract challenge, and the takeover mileage will be higher than 1, kilometers by 225. A big accident will happen when human beings drive about 7 thousand kilometers, and the safety of Robotaxi is definitely higher than that of human driving.
The lack of chips is bad news, but it has created an opportunity.
Faced with the collective "lack of chips" in the automobile industry, some investors asked how much impact the chip shortage had on SAIC. Chen Hong replied: According to the prediction of some American institutions, the global output may be lost by 3 million vehicles in the first half of this year due to the chip shortage, and the annual loss will be about 4.5 million vehicles. At present, by the end of July, the shortage of chips can be alleviated, and it can basically return to normal from the third quarter to the fourth quarter.
the problem of chip shortage is the first time that the global automobile industry has encountered it. It turns out that we have no direct contact with the chip factory. The two major types of chips used in automobiles, MCU (Micro Controller Chip) and SV (system on a chip), are provided by Bosch, Continental, Denso and other enterprises.
after the core shortage crisis broke out, we directly established contact with the chip factory and accelerated the layout on the chip. In terms of future development, it must be that the automobile factory and the chip factory directly deal with each other when the automobile takes the intelligent road. This actually turns bad things into good things.
Before p>225, SAIC will set up a joint-venture battery production line for electric vehicles.
For the electric vehicle business, some investors asked SAIC if it had any plans to independently develop and manufacture electric vehicle batteries. Chen Hong replied: Now, we have deep cooperation with Contemporary Amperex Technology Co., Limited for both Ferrous lithium phosphate and ternary batteries. Three weeks ago, our battery factory, a joint venture with Contemporary Amperex Technology Co., Limited, continued to expand, and its production capacity would quadruple. In the new generation of battery technology, SAIC invested in American QuantumScape, which is the head enterprise of solid-state batteries in the United States. Soon after its listing, its market value has increased five times. We are discussing with QuantumScape to build a production line in China by 5% to 5% joint venture no later than 225, and start large-scale and commercial operation no later than 225. In terms of solid-state batteries, SAIC also invested in another American company, SolidEnergy, which will soon be listed. It also has a close cooperative relationship with Qingtao, a domestic solid-state battery head enterprise, and has already begun to lay out.
SAIC's institutional reform: promoting the spin-off and listing
Regarding the scheme and specific arrangement of SAIC's institutional reform, Chen Hong said: In terms of institutional mechanism, we are actively communicating with government departments to promote mixed reform. At the same time, we are also promoting the spin-off listing. SAIC has 14 innovative companies, such as Jiehydrogen Technology. We are also exploring the diversification of capital structure, promoting the spin-off and listing, and promoting the market-oriented development of innovative business. These innovative businesses will have a very important impact on SAIC's new track.
SAIC is huge, and its business can basically be fully covered regardless of the new track or the old track. In the next step, for the major projects of the Group, especially the enterprises with independent brands, such as Zhiji and R Standard, which provide corresponding services for them, all these major projects will implement the gambling mechanism. If they do well, they will do it, and if they do not, they will give way.
In the face of investors' concern about the liberalization of the share ratio in 222, what do foreigners think? Chen Hong said: Foreign investors believe that China automobile enterprises are at a relatively leading level in the world on the new track of electric intelligent networking. Looking at it now, it is far from enough to talk about electric power. It must be connected by electric intelligence. Intelligentization has a higher degree of subversion to the traditional automobile industry. Joint ventures must have an advantage in the new track. They must do everything that SAIC has done in the past three years. They must have a data center, a software center, an intelligent algorithm center, a cloud platform, and a network security center. Otherwise, they cannot go on. In this respect, traditional automobile enterprises have no ready-made experience, because we are also discussing with foreign companies. Therefore, on the new track, the cooperation between foreign parties and us will be further deepened.