China July EV Sales Breakdown: Leapmotor Hits Record as Zeekr, BYD Extend Gains
China’s auto market faced significant declines in July 2026, with notable growth from Leapmotor and continued overseas expansion efforts by several manufacturers.
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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.
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.
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.
NIO ES8 Hits 130,000 Deliveries Less Than a Year After Launch
NIO delivered its 130,000th ES8 in July 2026, achieving accelerated sales and leading the premium electric SUV market’s growth.
Li Auto Forms Chip Unit, Eyes External Supply of In-House AI Chips
China’s corporate registry platform Qichacha shows that Li Auto has recently established Xinchuang Zhixin (Shanghai) Technology Co., Ltd., with a…
NIO Leads Shanghai Passenger Car Market in H1 2026 With Over 20K Deliveries
NIO led Shanghai’s vehicle sales in H1 2026, delivering over 150,000 vehicles, primarily large SUVs.
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.
NIO’s ONVO L90 Hits 60,000 Deliveries in Under a Year
ONVO’s L90 electric SUV has surpassed 60K deliveries in under a year, facing competition while adopting advanced technology and expanding its lineup.
Goldman Turns Bullish on NIO, Forecasts 43% Sales Growth for 2026
Goldman Sachs upgraded NIO to “Buy,” raising its price target to $7, anticipating significant growth and profitability improvements by 2026.