China FAW Intends to Acquire 10% of Leapmotor, Joint Model to Launch in H2 2026
The cooperation between FAW and Leapmotor is a typical example of resource synergy and complementary advantages.
August 2025
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XPeng Q2 Earnings Call Full Transcript: “New P7 Mini-Orders Top All Past Models”, L4 Models in 2026
XPeng nears profitability with a strong Q2 2025, driven by 241.6% vehicle sales growth and key launches, shifting focus to high-end models and intelligent technology.
Shangjie H5 Interior Unveiled, Pre-Sales to Begin August 25
Scheduled for official release in September, the Shangjie H5 will come in BEV and EREV variants and is anticipated to be the lowest-priced offering in Huawei’s HIMA lineup.
Källenius Slams EU’s 2035 Ban on ICEs, Warns of Looming Collapse in Europe’s Auto Industry
Mercedes-Benz reported a net profit of €2.7 billion ($2.95 billion) for the first half of this year, down 55.8% from €6.1 billion ($6.67 billion) a year earlier.
China NEV Weekly Sales Ranking (Week 33): BYD Hits 65.2 K, Tesla 14 K, NIO Inc. 7.2 K
In Week 33, BYD maintained dominance with 65,200 sales, followed by Tesla at 14,000 and NIO at 7,200. Leapmotor led new automakers, while Li Auto struggled. Competition intensifies.
How Will William Li Price the Third-Generation NIO ES8?
William Li hinted at a competitive pricing strategy for NIO’s third-generation ES8, suggesting it may cost over $69,600 but needs to differentiate from rivals while appealing to consumers.
Tesla Launches Six-Seat Model Y L in China, Starting at $47,180, with 751 km Range
According to Tesla China’s official website, customers in China who order the Model Y L are expected to receive delivery in September.
NIO Cuts 100 kWh Battery Price to $15,000, Down 15.6%
NIO enhances the price-performance ratio across its vehicle portfolio by reconfiguring battery costs.
Tesla Reintroduces Turn Signal Stalks on Model 3, Retrofit for Existing Owners at $350
To counter market competition, Tesla makes another concession by reinstating physical stalks.
Top-Selling EVs Above $68,400 in Jan–Jul 2025: Xiaomi SU7 Ultra Leads the Pack
The Xiaomi SU7 Ultra dominates BEV sales with 12,618 units sold, while traditional luxury brands also show mixed performance in the high-end sedan market.