Tesla denies rumors of production reduction in Shanghai factory

On December 5, foreign media quoted two insiders as saying that Tesla's Shanghai factory may cut the output of Model Y in December by more than 20%. Tesla said that the report was "untrue".

Volkswagen Group will launch new software strategy

On December 5, the German Business Daily quoted sources as saying that Oliver Blume, CEO of Volkswagen Group, would propose a new software strategy that had been delayed for a long time at the meeting of the Board of Supervisors on December 15. Volkswagen's Audi brand will transfer the leadership of the group's autonomous driving software to Volkswagen Commercial Vehicle Company. Volkswagen Group declined to comment on the report.

Porsche to join German blue chip index

On December 5, Deutsche Boerse, the German stock exchange, said that Porsche would join the blue chip DAX index on December 19, just over two months before its listing. Porsche will replace Puma in the DAX stock index, while Puma will move down to the MDAX stock index.

Tucson ends cooperation with Navistar in the future

On December 5, Tucson Future and Navistar announced that they had ended the agreement to jointly develop autonomous trucks, but Tucson Future did not disclose the reason for terminating the agreement. It is reported that in 2020, Navistar acquired a minority stake in Tucson's future and announced that it will jointly develop an agreement with Tucson's future to develop automatic heavy trucks by 2024.

Toyota will launch 5 new electric vehicles in Europe before 2026

Toyota plans to launch another five bZ sub brand electric vehicles in Europe by 2026. Before that, the company has released bZ4X medium-sized SUV. Last week, Matt Harrison, head of Toyota Europe, revealed that the first car will be a small car, which will be launched next year.

The first batch of electric delivery vehicles of BrightDrop Canada's new factory are off the line

On December 5, the first batch of electric delivery vehicles of the new Canadian factory BrightDrop under General Motors went offline. BrightDrop also announced that the Canadian express company DHL Express Canada became its first customer outside the United States.