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Li Auto cuts Q2 delivery guidance, citing temporary impact of sales system upgrade
Li Auto has updated its second-quarter delivery guidance to 108,000 vehicles, down from the previously announced range of 123,000 to 128,000 units.
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Lexus breaks ground on EV plant in Shanghai, set to begin production in 2027
Lexus' EV plant in Shanghai is expected to be completed in August 2026 and begin production in 2027, with an annual production capacity of 100,000 cars.
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Xiaomi launches YU7 SUV: Prices undercut Tesla Model Y, 200,000 orders secured in 3 minutes
The Xiaomi YU7 secured over 200,000 firm orders in the first 3 minutes, marking another rare case in China's EV market.
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SAIC's new car carrier joins fleet, bringing total to 37
Anji Commonality becomes SAIC's 37th car carrier and will head to Europe on its maiden voyage.
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CATL to introduce battery swap tech to Europe
CATL has already talked with carmakers about using battery swap technology in Europe, said its board secretary Jiang Li.
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Nio expected to enter Hong Kong market in Q4, report says
Nio is expected to enter the Hong Kong market in the fourth quarter and will work with a distributor to sell cars, according to a local media report.
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Xpeng launches X9 MPV in Indonesia, local assembly to begin in July
Xpeng will begin production of the right-hand drive version of the X9 in Indonesia in July, marking its first overseas localization project.
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Exclusive: BYD's production capacity remains stable, says source close to NEV maker
BYD's sales have grown steadily, and its production capacity has remained stable, a source close to the company told CnEVPost.
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Huawei-backed Luxeed begins offering discounts as price war looks set to continue
Luxeed is offering consumers who buy its cars before July 31 a cash discount of RMB 20,000 ($2,790), becoming the latest participant in China's auto price war.
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China NEV retail at 691,000 in Jun 1-22, up 38% year-on-year
The penetration rate of NEVs in retail sales was 54.5 percent from June 1 to 22, and 50.06 percent year-to-date.
