Toyota Posts First Global H1 Sales Decline in Two Years as China Slumps 17%
Toyota’s global vehicle sales fell 2.8% year on year to 5.39 million units in H1 2026, marking the company’s first first-half sales decline in two years.
July 2026
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Tesla Hits 10 Million Global Production Milestone
Tesla has produced its 10 millionth electric vehicle, marking a global achievement amid competitive pressures, especially in China.
Dongfeng Motor Unveils 1,500kW Megawatt Charger
Dongfeng Motor unveiled a 1,500kW megawatt charging system, advancing China’s EV industry through significantly reduced charging times and maximizing vehicle convenience.
BYD Racco Nabs Over 5K Japan Orders in First Week, Targets 10K Delivery by 2026
BYD’s Racco, a kei-class electric vehicle in Japan, secured over 5,000 pre-orders in its first week, targeting existing K-Car owners.
Chinese Automakers Set to Take 58% of Australia’s New Car Market by 2035
AADA predicts Chinese automotive brands may capture 58% of Australia’s market by 2035, driven by rising EV interest and competitive pricing.
SAIC MG 07 Opens Pre-Sales in China, Targets XPeng Mona M03
SAIC’s MG 07 pre-sales began on July 29, featuring five variants priced from RMB 125.9K to RMB 165.9K, targeting young electric sedan consumers.
Qualcomm Secures BMW Chip Supply Deal for Next Decade
Qualcomm has signed a long-term agreement with BMW Group to supply computing chips for next-gen digital cockpits and ADAS/AD systems over the next decade.
China’s NEV Wholesale Share Hits Record 70% in Late July Amid Auto Market Slump
According to the latest data from CPCA, retail sales of passenger vehicles in China reached 1.123 million units from July…
HK’s First Battery-Swap Stock? Aulton Refiles IPO with 5.5% NIO Capital Stake
Aulton New Energy refiles for Hong Kong IPO to expand swap station network amid competitive challenges.
Momenta Gains KBA Approval for L4 Autonomous Driving Tests Across Germany
Momenta has received Germany’s first Level 4 autonomous driving permit for urban testing, enhancing its European presence.