Maserati, Huawei Confirm Plans to Co-Develop SUV and GT EVs
Maserati partners with Huawei and JAC to develop electric vehicles, focusing on a premium electric SUV and GT to enhance brand image.
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Leapmotor to Launch Second Brand in Q4 2027, Aims for an “iPhone-Like” Shift in EVs
Leapmotor will launch a new automotive brand in Q4 2027, emphasizing innovative vehicle designs and expanded functionality.
Li Auto Launches i9 Electric SUV at $55.1K to Challenge NIO ES8, AITO M9
Li Auto’s i9, priced at RMB 369,800 ($55,140), enters the premium SUV market, challenging rivals with advanced features and spacious design.
Huawei Shifts AITO Product, Sales and Service Lead to Seres
Huawei is shifting operational leadership of AITO to Seres, adopting an “asset-light” model to enhance efficiency and control.
FAW-GAC Deal Could End Toyota’s Two-JV Era in China
FAW and GAC’s planned restructuring could put Toyota’s long-standing two-JV structure in China up for change.
China Targets 70% NEV Share by 2030, Scaled Autonomous Driving Deployment
China’s 15th Five-Year Plan aims for significant NEV adoption in vehicles, targeting 70% sales for passenger cars by 2030.
BYD Targets 1.9-2 Million Overseas Sales in 2026
BYD targets 1.9-2 million overseas sales in 2026 and over 2.5 million in 2027, with shipping capacity and battery supply limiting growth.
William Li’s Math, and a Market’s Narrow Lens on NIO
NIO’s recent media briefing highlighted its growth and financial performance, emphasizing operating profit over vehicle sales, while discussing future strategies.
Li Auto Cuts New MEGA Price to $75.9K to Reignite Demand
Li Auto launched the new-generation MEGA at RMB 509,800, marking its first major all-electric model with significant upgrades and comfort features.
NIO Q2 Earnings: Non-GAAP Profit, but GAAP Loss Remains
NIO posted RMB 26 million in Q2 non-GAAP net profit but a RMB 528 million GAAP net loss. Vehicle margin reached 18.5% as costs remain a challenge.