Faraday Future Receives Paid Pre-order for 500 Units from US MCN Agency
Faraday Future has signed a deposit agreement with Telling Inc. for 500 FX Super One units, marking its third B2B partnership, totaling 4,000 units ordered.
June 2025
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CATL, Ant Group, Hello Jointly Establish Zaofu Intelligent Tech to Enter Robotaxi Market
Shanghai Zaofu Intelligent Technology Co., Ltd., initiated by Hello Inc., Ant Group, and CATL, focuses on Level 4 autonomous driving technology with a registered capital of 1.288 billion yuan.
XPeng G7 to Launch Next Week
XPeng’s G7 will launch next week, showcasing advanced AI technology, premium hardware, and enhanced driving systems, positioning it as a strong competitor in the electric SUV market.
BYD Responds to Rumors of Solid-State Battery Installation in Seal Model
BYD denied rumors of equipping the Seal model with a 400Wh/kg solid-state battery, emphasizing that specifications remain unconfirmed and development timelines extend to 2030 for mass adoption.
Xiaomi YU7 to Launch on June 26; New “Dawn Pink” Colorway Revealed
Xiaomi CEO Lei Jun announced the YU7 SUV will debut on June 26, featuring a new color, Dawn Pink, and advanced specifications. Pricing remains pending confirmation.
Tesla Robotaxi Goes Live, Musk’s 12-Year-Old Promise Fulfilled
Tesla launched its Robotaxi service in Austin, allowing app-based ride requests. While user feedback is limited, initial performance reveals both stability and flaws, indicating challenges ahead.
Why Hasn’t Eric Li Given Up on Polestar?
Geely invested $200 million into Polestar, indicating ongoing support despite its struggles in the Chinese market. Polestar is focusing on Europe, seeking to enhance brand recognition and boost sales.
Tesla Signs Deal for First Grid-Side Energy Storage Project in China, Lands in Shanghai Lin-gang Special Area
On June 20, Tesla and partners launched a 4 billion yuan energy storage project in China, utilizing Tesla’s Megapack technology for grid stability and renewable energy integration.
BYD to Launch Six New Models in UK by Next Year
BYD UK plans to launch six new models by 2026, starting with the Atto 2 in September, expanding its lineup and retail network significantly in the UK market.
Leadership Shift at Volkswagen China: Robert Cisek to Take the Helm in July
Volkswagen China announces Robert Cisek as CEO starting July 1, 2025, tasked with managing product strategy and overseeing electric vehicle launches amid increased market competition.