Miniature Horse RoboTaxi Total Number Breaks Through 500; Which Car Becomes a Creditor Execution Person | Auto Early Report
| August 13, 2025, Wednesday |
NO.1 Miniature Horse RoboTaxi Vehicle Total Number Breaks Through 500
August 12, Miniature Horse released its 2025 second-quarter financial report. Data shows that the seventh-generation RoboTaxi (self-driving taxi) started mass production and road testing in the second quarter, with over 200 units produced, exceeding 500 vehicles in total, and steadily advancing towards the year-end goal of 1,000 RoboTaxis. Currently, the seventh-generation model has accumulated over 2 million kilometers on the road.
Point: Miniature Horse's second-quarter financial report shows that its seventh-generation RoboTaxi production and testing have made significant progress, with vehicle total number exceeding 500 and mileage exceeding 2 million kilometers, highlighting its leading advantage in commercializing autonomous driving. This development may strengthen market confidence in the commercialization of autonomous driving technology, increasing attention from related industries such as lidar, high-precision maps, etc. From an industry perspective, large-scale deployment by leading enterprises can help improve technical standards and accelerate policy implementation, strengthening the certainty of the autonomous driving theme.
NO.2 Which Car Becomes a Creditor Execution Person
According to the China Execution Information Open Network, on August 11, Which Car's affiliated company, New Energy Vehicle Co., Ltd., was listed as a creditor execution person by the Guangzhou Municipal People's Court for violating financial reporting regulations. The court order states that all obligations must be fulfilled. Tianyan Risk Information shows that the company currently has multiple execution orders and consumption restrictions.
Point: Which Car being listed as a creditor execution person indicates severe issues in its financial transparency and compliance with laws, which may severely impact its brand image and consumer trust. The court's multiple execution orders and share freezing risks demonstrate the company's vulnerability in terms of financing chain and operational structure. Other companies within the industry may become more cautious due to this event.
NO.3 Ford Recalls Over 10,000 F-150 Vehicles
According to the National Highway Traffic Safety Administration (NHTSA), Ford will recall some 2023-2025 model-year F-150 vehicles due to potential fatigue failure of the rear axle wheel nut bolt. The recall affects a total of 103,174 units.
Point: Ford's recall of over 10,000 F-150 vehicles may impact market assessments of its quality control capabilities. This event may prompt investors to reevaluate the challenges faced by traditional carmakers in transitioning to electric vehicles, especially those relying on gasoline-powered cars for profits. The automotive parts industry may be affected, particularly suppliers involved in bottom-line systems.
NO.4 Tesla Officially Launches Model 3 Long-Range Version with 830km Range
August 12, Tesla officially announced the launch of the long-range version of the Model 3 rear-wheel drive, with a range of 830 kilometers (CLTC standard), acceleration to 100 km/h in 5.2 seconds, and starting price at RMB 269,500. Tesla stated that all four models have completed range upgrades.
Point: Tesla's Model 3 long-range version goes on sale, with a range exceeding 830 kilometers and a starting price of RMB 269,500, marking the completion of its product matrix upgrade. This move may strengthen Tesla's competitiveness in the mid-to-high-end electric vehicle market, putting pressure on domestic new-energy car brands. The power battery industry chain may be boosted, highlighting long-range technologies such as high-nickel ternary and silicon-carbon negative electrodes. For the new energy vehicle sector, leading companies' technology iteration may lead to a reshuffling of the industry, prompting second-tier brands to accelerate their technology research and development to maintain market share, while also releasing consumer demand for high-range vehicles.
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Daily Economic News