55 months to 26 months! nissan cuts r&d cycle nearly in half by adopting chinese automakers' ai model
Recently, Nissan Motor President Ivan Espinosa officially announced that Nissan has shortened the new car development cycle from the traditional 55 months to 26 months, nearly halving it. The first model to apply this new development process is the next-generation Skyline, scheduled to be launched in the winter of 2026, which has successfully achieved a 26-month development cycle. The core of this transformation is to learn from Chinese car manufacturers who rely on AI for rapid iteration. Nissan has applied AI throughout the entire new car development process and plans to extend this process to 90% of its model projects within the 2026 fiscal year.
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2026-06-15 09:26:42
55 months to 26 months! nissan cuts r&d cycle nearly in half by adopting chinese automakers' ai model
Recently, Nissan Motor President Ivan Espinosa officially announced that Nissan has shortened the new car development cycle from the traditional 55 months to 26 months, nearly halving it. The first model to apply this new development process is the next-generation Skyline, scheduled to be launched in the winter of 2026, which has successfully achieved a 26-month development cycle. The core of this transformation is to learn from Chinese car manufacturers who rely on AI for rapid iteration. Nissan has applied AI throughout the entire new car development process and plans to extend this process to 90% of its model projects within the 2026 fiscal year. -
2026-06-12 11:45:52
China Futures Main Contracts Rise More Than Fall
In the early market close, the main domestic futures contracts saw more gains than losses. Polysilicon rose nearly 6%, palladium and**** (coke) were up over 5%, Shanghai silver increased over 4%, platinum and lithium carbonate rose nearly 4%, coking coal gained over 3%, and Shanghai tin was up nearly 3%. On the downside, SC crude oil fell nearly 5%, liquefied petroleum gas (LPG) and low-sulfur fuel oil (LU) dropped nearly 4%, fuel oil was down over 3%, and propylene, European shipping, monthly average polypropylene, and polypropylene all fell over 1%. -
2026-06-12 10:39:35
Chery and Yinwang Intelligence Sign Strategic Cooperation Agreement to Tackle the Mass Production and Implementation of L3/L4-Level Autonomous Driving
On June 11, Chery Automobile Co., Ltd. and Yinwang Intelligent Technology Co., Ltd. signed a deepening strategic cooperation agreement in Wuhu, Anhui, to carry out in-depth cooperation on L3 and L4 level autonomous driving technologies. Chery stated that the 15th Five-Year Plan period will be a critical phase for the implementation of L3 and L4 level autonomous driving. According to the agreement, Chery and Yinwang will accelerate technological breakthroughs and mass production implementation of L3 and L4 level autonomous driving during the 15th Five-Year Plan period. -
2026-06-12 09:45:56
One-Year Shutdown! This Million-Ton Olefin Cracking Unit Restarts
According to foreign media reports,Dow has announced that its LCH3 steam cracking unit in Terneuzen, the Netherlands, has resumed operations. The cracker had previously delayed its planned maintenance, originally scheduled for June 2025, due to weak market conditions, and was subsequently shut down, remaining out of operation until now.In January 2025, Dow Chemical stated that it would suspend operations at the plant until market conditions improve. The cracker has a nameplate capacity of 680,000 metric tons of ethylene per year and 286,000 metric tons of propylene per year, and it was commissioned in 2000. -
2026-06-12 09:36:25
Polyethylene Demand Weakened in May and Prices Fell; Prices May Continue to Decline in June
In May 2026, the cost support of crude oil for PE weakened. Domestic production increased while imports continued to decrease, leading to a slight overall increase in supply. The downstream sector is in a traditional demand off-season, with low enthusiasm for raw material procurement, which is bearish for the spot market. In June, cost support is expected to continue weakening, with an anticipated increase in domestic supply, and in the off-season for demand, the price focus of the PE market may continue to decline.
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