XPeng Launches Australia Strategy, Eyes Five New Models in Six Months
XPeng plans to launch five new models in Australia, expand its sales network, and enhance local operations within six months.
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CXMT Surges 471% in Market Debut, Backed by NIO, Xiaomi, and Chery Capital
CXMT surged 471% on its STAR Market debut, becoming China’s largest A-share company by market capitalization at the open.
Refreshed Li Auto MEGA Leaks Ahead of Launch as Brand Eyes Premium EV Revival
Li Auto is refreshing its MEGA Home electric vehicle with upgraded interiors and technology, aiming to recover from prior market setbacks.
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.
firefly Expands Upmarket With Design-Focused Halo Series at $19,680
NIO ‘s firefly launched the premium Halo Series model, marking its upscale move with an emphasis on design over hardware upgrades.
China Phases Back Battery Consumption Tax, Exempts Solid-State and Sodium-Ion Batteries
China adjusts consumption tax on batteries, reinstating it for some while exempting next-gen technologies to encourage innovation.
Leapmotor Refreshes B Series From $14,140 in China’s Entry EV Market
Leapmotor unveiled its refreshed B Series with competitive pricing and advanced features, aiming to set a new benchmark in the EV market.
China Issues First Unified Vehicle Cost Calculation Standard Amid Price War
On July 15, China introduced unified vehicle cost accounting rules to enhance transparency and competitiveness among automakers, addressing persistent profitability challenges.
Everything We Know About Xiaomi SkyNomad N90
Xiaomi Auto’s new sub-brand SkyNomad today officially announced the name of its first SUV model — the SkyNomad N90 —…