Industry & MarketsWall Street banks see Xpeng's recent robot financing as a positive step, establishing an independent valuation for its robotics business and unlocking shareholder value.
Industry & MarketsXpeng aims for 60,000 monthly sales with new models G9L and Mona L05, boosting production with double shifts and supplier collaboration.
Industry & MarketsXpeng's Q2 revenue rose 8% to 19.74B yuan, gross margin improved to 20.7%, but net loss nearly tripled due to higher spending. Investors focus on margin gains.
Industry & MarketsXpeng spins off its robotics business as Dogotix, securing $900M in commitments at a $6.3B valuation, with backing from IDG, Alibaba, Tencent, and Gaorong.
Industry & MarketsZeekr 7X surpasses 200,000 global orders, with the milestone order from Mexico, and is now sold in over 50 countries, showing strong international growth.
Industry & MarketsAiva, backed by Seres, is exploring battery swap integration with CATL for its upcoming ME7 model, set to debut by end of 2026.
Industry & MarketsBYD will launch the Sealion 08 flagship SUV on September 2, with pre-sale prices ranging from 230,000 to 280,000 yuan and an EV range of up to 900 km.
Industry & MarketsChina's MIIT announces measures to block inadequately tested vehicles, citing irrational competition and aggressive designs lacking validation.
Industry & MarketsChina's NEV retail sales in Aug 1-23 fell 12% YoY, but penetration hit a record 64.3%, signaling continued electrification momentum.
Industry & MarketsChina's proposed road traffic safety law revision would make automakers responsible for traffic violations committed in fully autonomous mode, shifting liability to manufacturers.
Industry & MarketsLi Auto's new Mega MPV launches Sept 2 with a unique cabin and upgraded smart driving hardware, as CEO hints at a distinct interior design.
Industry & MarketsToyota's updated bZ5 arrives in China on August 26, with expected upgrades in driver assistance and range, while retaining its current design.
Industry & MarketsToyota launches refreshed bZ5 EV in China with upgraded Momenta 6.0 driver assistance, starting at 109,800 yuan. A strategic move to attract buyers with smart tech.
Industry & MarketsArcfox Alpha T7 pre-sales start at CNY 137,800 with EREV and BEV options; Huawei Qiankun ADS 5 Pro available in higher trims.
Industry & MarketsBYD's flash charging network hits 10,000 stations, doubling in five months with the latest site in Shenzhen, showcasing rapid infrastructure expansion.
Industry & MarketsChery launches the Fulwin T7 compact EV SUV in China from under $15,000, offering up to 600 km range in the budget market.
Industry & MarketsChina launches a year-long campaign to inspect intelligent connected vehicle safety, R&D, production, and product conformity nationwide.
Industry & MarketsLi Auto announces plans to sell its i6 electric SUV in Europe from Q4 and the L9 in Dubai from September, marking a strategic global expansion.
Industry & MarketsNio's Firefly sub-brand teases its sixth special-edition model, set to launch August 28. The limited-run variant aims to sustain interest with unique design cues.
Industry & MarketsTesla China denies rumors of FSD pullout, says Shanghai data center is fine, but gives no new launch date.
Industry & MarketsVoyah posts 389 million yuan H1 net loss as revenue growth fails to offset rising raw material costs, signaling industry-wide profitability challenges.
Industry & MarketsGWM's Ora brand debuts Ora 5 GT and Sport with BEV, hybrid, and gasoline options, starting at 71,800 yuan, marking a strategic expansion beyond pure EVs.
Industry & MarketsLi Auto hires a world-model expert to lead robot AI development, focusing on foundation models with a small, agile team.
Industry & MarketsNio launches a 666-unit special edition of its Firefly EV at a 13% premium, featuring exclusive paint, decals, and interior details.