Toyota Plans to Push Suppliers for Price Cuts in Second Half of Year

On September 11th, according to the Daily Industrial News, Toyota Motor is looking to push its suppliers to lower component prices in the second half of the year. This move is aimed at easing cost pressures and enhancing product competitiveness. Toyota has already begun negotiations with several major suppliers, hoping to achieve the price reduction target without affecting quality.

On September 11th, according to marketing documents obtained by TechCrunch and information from two insiders, AI training startup Mercor is in talks with investors about its Series C funding round. Mercor is targeting a valuation of $10 billion or higher, an increase from the $8 billion discussed a few months ago, although the final terms of the deal may still change.

Dreame Technology founder Yu Hao recently released the first car rendering, revealing that the model is positioned as an "ultra-luxury pure electric" vehicle, targeting the Bugatti Veyron, attracting high attention from the public. Yu Hao stated that Dreame Automotive will debut and showcase a prototype at this year's CES in the United States, with the first model planned to officially launch in 2027.

According to the released renderings, the exterior design of the new car appears to be inspired by the Bugatti Chiron. The interior features a dual-spoke steering wheel and a connected display, combining both a sense of technology and luxury.

In addition, Dreame Automotive is selecting a site for a factory in Berlin, Germany, adjacent to Tesla's Berlin Gigafactory, and plans to collaborate with BNP Paribas to accelerate its global market expansion.

European Commission President Ursula von der Leyen: In the future, electric vehicles must be manufactured in Europe.

The Global Impact Coalition (GIC) has announced the launch of a dedicated spin-off structure to advance its "Sustainable Olefins Program." The project will begin with a feasibility study, marking the first step in Europe towards methanol-based electronic sustainable aviation fuel (e-SAF) and new process routes for low-carbon chemicals. A group of GIC member companies has joined forces to assess the technical and economic potential of methanol-to-olefins (MTO) technology as a sustainable alternative to traditional fossil-based production processes. The team will evaluate the feasibility of converting sustainable methanol into olefins, which are key raw materials for fuels and high-end materials. The newly established spin-off structure aims to foster deeper collaboration, explore investment opportunities, and lay the foundation for potential project development.