BYD Partners with Veho Group to Expand Sales and Service Network in Finland
Since its 2023 debut in Finland’s passenger vehicle market, BYD has introduced eight models, spanning both BEV and EREV variants.
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Xiaomi Q2 Earnings: Auto Revenue Hits $2.87 Billion, Overseas Expansion Set for 2027
In Q2 2025, Xiaomi delivered 81,302 vehicles, with cumulative deliveries exceeding 300,000. Revenue surged 30.5% to RMB 116 billion, driven by a 233.9% increase in EV and AI segment.
NIO’s firefly Joins Urban Management Enforcement Fleet
In May this year, Firefly made an appearance at the 12th China International Exhibition on Police Equipment, where it showcased a police-livery version.
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.
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.
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.
NIO to Launch in Singapore, Uzbekistan, and Costa Rica by 2025–2026
NIO Inc. will initially launch representative models from its three brands—NIO, Ledor, and Firefly—in these three markets.
SAIC-GM Signs Deal with Momenta, Buick Electra L7 Debuts R6 Flywheel Large Model
The R6 Large Model makes its debut on the Buick Electra L7, supporting ADAS across all road scenarios and fully automated parking in all types of spaces.