CATL’s Chassis Subsidiary Secures First Funding at $1.26 Billion Valuation
With funding secured, CATL will deliver enhanced electrification solutions to partner automakers.
July 2025
Read More
William Li: ONVO L90 Ready for Large-Scale Shipping, Deliveries Kick Off in August
NIO’s 800,000th production vehicle, the ONVO L90, rolled off the line on July 24 and will officially debut on July 31.
Tesla Responds to Dongchedi Test: Safety Is Unlimited, Rankings Are Not the Goal
Elon Musk stated: “Tesla achieved the top results in China despite having no local training data.”
Chery Responds: Cooperation with India’s JSW is Only for Parts Supply, No Technology Transfer
Chery responded, stating that its cooperation with India’s JSW is limited to parts supply and does not involve technology transfer.
XPeng Tops Germany’s EV NPS Rankings, NIO Surpasses Ford and BYD
Uscale’s survey shows rising EV satisfaction, with XPeng topping the NPS rankings, driven by advancements in range and fast-charging technology.
Volvo Cuts Over 10% of Shanghai Workforce with N+3 Compensation Plan
Layoffs primarily target Volvo’s Shanghai-based tech and R&D centers, affecting departments such as engineering, research and development, and supply chain management.
BYD Sealion 06 Officially Launched, Starting at RMB 139,800 ($19,540)
The BYD Sealion 06 offers both DM-i and EV variants, priced between RMB 139,800–163,800 ($19,540–22,900).In June, the Sealion lineup sold 34,757 units, accounting for about 9% of BYD’s monthly NEV sales.
Exclusive Interview with Zhu Jiangming and Cao Li: Leapmotor B01 Targets 1 Million Annual Sales in Three Years
Leapmotor launches B01 EV priced under ¥100,000 ($14,000), aims for 1 Million annual sales, leverages self-developed tech, confident despite price competition.
XPeng Develops Cost-Reduction Plan for G6, Production to Start in Q4 This Year
XPeng G6 will cut unit costs by ¥10,000–¥20,000 ($1,400–$2,800) through supplier changes. The cost-cutting plan does not involve any design or feature modifications.
Dongchedi’s ADAS Test Sparks Heated Debate: No Perfect Scores Among 36 Vehicles
Recently, Dongchedi, in collaboration with CCTV, conducted real-world tests on the ADAS of 36 vehicles, with the results sparking widespread controversy.