Mercedes-Benz Reportedly Halts CLA L EV Production in China on Weak Sales
Mercedes-Benz has paused production of the CLA L EV in China due to weak sales, highlighting challenges in the competitive EV market.
July 23, 2026
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China Resumes Robotaxi License Issuance After Regulatory Safety Review
China has resumed issuing permits for autonomous taxis, allowing companies like Momenta and Baidu to expand testing and operations.
XPeng G6 Reaches 200K Global Deliveries as Four Models Launch in Bahrain
XPeng’s G6 electric SUV has achieved 200K global deliveries, expanding its lineup and localized production strategy in international markets.
Europe New Car Market Grows 6.1% in H1 as BYD, Chery, Leapmotor Surge
In June 2026, Europe’s new vehicle registrations surged by 13.1%, driven largely by electrified vehicles.
Tesla Bets Big on AI, Robotaxi as H1 $8.2 Billion Capex Surge Weighs on Cash Flow
In its second-quarter 2026 report, Tesla reported 480,126 vehicle deliveries and $28.24 billion in revenue, marking year-over-year increases. Despite profit growth, gross and operating margins declined. Capital expenditures surged due to investments in AI and production. Challenges remain for Cybercab and Optimus, impacting long-term growth prospects.
NIO’s Chip Unit GeniTech: Turning Profitable Yet？
NIO’s GeniTech, now independent, introduces advanced chips aimed at reducing costs and enabling robotics, while facing competition and market challenges.
Geely, Ford Strike Spain Production Deal for European EV Manufacturing
Ford sold part of its Valencia plant to Geely, enabling electric vehicle production and enhancing Geely’s presence in European markets.
China Auto Retail Sales Drop 16% in Early July as Market Enters Slow Season
China’s passenger vehicle sales declined in July, with retail down 16% and wholesale down 17% year on year amid weak demand.
Xpeng Plans North America Expansion, Weighs Canada Before U.S. Entry
XPeng Motors plans to enter the U.S. market when conditions allow, while actively assessing opportunities in Canada and Europe.