VW Expands Horizon Partnership for L3 Autonomous Driving Push in China by 2027
Volkswagen and Horizon Robotics expanded their AI partnership to enhance autonomous driving, targeting L3 and L4 technologies in China.
July 22, 2026
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BYD Tops Fortune China 500 Carmaker Rankings, Leapmotor Rises 151 Spots
The 2026 Fortune China 500 rankings show significant gains for new energy vehicle makers, with BYD leading and Leapmotor excelling.
NIO ES8 Hits 130,000 Deliveries Less Than a Year After Launch
NIO delivered its 130,000th ES8 in July 2026, achieving accelerated sales and leading the premium electric SUV market’s growth.
GM Posts $48B Q2 Net Income as China Profit Streak Extends to Seven Quarters
General Motors reported Q2 2026 revenue of $48 billion, a net income of $1.3 billion, and improved sales in China.
Li Auto Tops China NEV Residual Value Rankings in June, AITO Falls to Sixth
In June, Li Auto led China’s EV resale market, while AITO’s value declined sharply amid significant brand performance shifts.
Horizon Robotics Forecasts H1 Net Profit of Up to $591 Million After Losses
Horizon Robotics expects to swing to reported profitability in H1 2026, with net profit forecast at RMB 3.5 billion-RMB 4 billion.
CATL Signs 2GWh Sodium-Ion Storage Deal to Expand Europe Footprint
CATL has signed a 2GWh agreement with Solarpro to deploy its Tener sodium-ion energy storage system in Central and Eastern Europe.