Profitable for 11 Quarters, Yet Li Auto’s Sense of Crisis Intensifies
In Q2 2025, Li Auto reported a quarterly net profit of $153 million, marking its 11th profitable quarter despite increased competition among EV makers.
Read More
Li Auto Posts $153 Million Net Profit in Q2, Projects Sharp Decline in Q3’s Deliveries and Revenue
Li Auto projects Q3 vehicle deliveries of just 90,000–95,000 units, with total revenue expected to fall to RMB 24.8–26.2 billion ($3.5–3.7 billion).
BYD Overtakes Tesla in Europe: July Registrations Soar 225.3%
According to data released by the ACEA, new EU vehicle registrations of BYD models surged by 206.4% YoY in July, reaching 9,698 units.
In contrast, Tesla recorded only 6,600 registrations in the EU market during the same period, representing a decline of more than 42% compared with the previous year.
Dreame Announces EV Debut to Rival Bugatti Veyron, Set to Launch in 2027
Dreame Technology enters automotive manufacturing, planning an ultra-luxury electric vehicle by 2027, supported by extensive investment, strategic partnerships, and a robust global network.
WA over VLA: Huawei Diverges from Xpeng and Li Auto, Says Jin Yuzhi
Jin Yuzhi believes that while assisted driving fees may seem like a one-time charge, companies must continuously iterate, provide OTA updates, and invest throughout the vehicle’s entire lifecycle.
DeepRoute IO 2.0 Debuts with VLA Model, Five Models Set for Mass Production
Installed on nearly 100,000 vehicles, DeepRoute AI’s urban navigation-assisted system spans SUVs, MPVs, and off-road vehicles across more than ten models.
Zeekr VP Zhu Ling Reassigned, Rumored to Join Volvo
Geely’s Zhu Ling steps down from Lynk & Co amidst restructuring as Zeekr integrates brands. His future role remains unannounced, sparking industry speculation about Volvo.
CALB and Leapmotor Form Joint Venture with $139 Million Investment
Zhongling New Energy is jointly funded by CALB (03931.HK) and Leapmotor (09863.HK), holding 51% and 49% of the shares, respectively.
BYD’s Thailand-Made LHD Dolphin EVs Set Sail for Europe
BYD’s Thailand plant officially began production in July 2024, marking the company’s first overseas passenger vehicle facility with an annual capacity of 150,000 units.
Xiaomi YU7 Delivery Controversy Resurfaces: From Hot Seller to Legal Disputes?
Since its launch, the Xiaomi YU7 has garnered significant attention, but recurring delivery issues have triggered user complaints and public scrutiny.