Car Early Coffee | Baidu Apollo and China Auto Rental launch autonomous car rental service, Mercedes-Benz will cooperate with Luminar to develop lidar

New car news Ferrari released 296speciale Hybrid New Model Ferrari launched a new hybrid version of the 296speciale and its convertible model, updated its hybrid product matrix and displayed the two new plug-in hybrid models at its company headquarters in Maranello, northern Italy.International News The Trump administration was sued by 17 states in the United States for suspending funding for electric vehicle charging stations. According to Reuters, on May 7, California and 16 other states filed a lawsuit against the Trump administration, saying that the U.S. federal government refused to distribute billions of dollars that should have been allocated to states for building electric vehicle charging stations, which was illegal. Affected by the weaker dollar and Trump tariffs, Toyota expects operating profit to fall by 20% this fiscal year. Toyota Motor Corporation said it expects operating profit for the fiscal year ending next March to be 3.8 trillion yen, down about 20% from 4.8 trillion yen in the previous fiscal year, due to the weaker dollar and U.S. President Trump's tariff policy. Toyota said the exchange rate was the single factor with the biggest impact on performance forecasts, and the weakening of the dollar against the Japanese yen is expected to cost the company 745 billion yen. Tariffs caused 180 billion yen losses in April and May. Renault won 850 orders in its first week of launch, according to Reuters, French automaker Renault said that although its newly launched limited edition electric model starts at a starting price of 155,000 euros (about 176,000 US dollars), it still won 850 orders in its first week of launch. It is reported that this model replicates the classic 1980 fuel hatchback r5 turbo (originally designed for rally events). Mercedes-Benz will cooperate with luminar to develop lidar. According to foreign media reports, Austin Russell, CEO of lidar supplier luminar, said that Mercedes-Benz has signed a new agreement with the company to develop and integrate a new generation of lidar products. Domestic News BAIC Group applies for registration of Xingwei Zhijia trademark Tianyan Check app shows that recently, Beijing Automobile Group Co., Ltd. applied to register two "Star Wei Zhijia" and "Yuanjing Zhitong" trademarks, with international classifications as website services and scientific instruments. The current trademark status is awaiting substantive review. Beijing Automobile Group Co., Ltd. was established in June 1994. The legal representative is Zhang Jianyong, with a registered capital of approximately RMB 19.957 billion and is wholly owned by Beijing State-owned Capital Operations Management Co., Ltd. Baidu apollo and China Auto Rental will jointly launch autonomous vehicle rental services. On May 8, Baidu apollo and China Auto Rental held a strategic signing ceremony in Beijing and announced the official reaching of in-depth cooperation. The two parties will jointly launch the world's first self-driving car rental service.Author of Shangguan Number: Shanghai Automobile Daily