Author: cnevpost
AUDI begins pre-sales of E5 Sportback in China, priced from $32,850
The E5 Sportback is built on an 800-volt high-voltage architecture and can accelerate from 0 to 100 km/h in as little as 3.4 seconds.
It offers a range of up to 770 kilometers and uses Momenta’s driver assistance solution.
Leapmotor turns profitable in H1, raises 2025 sales target
Leapmotor became the second Chinese NEV maker after Li Auto to achieve profitability on a half-year basis.
Leapmotor has raised its full-year sales target for 2025 to 580,000 to 650,000 units and aims to achieve annual sales of 1 million units in 2026.
Leapmotor turns profitable in H1, raises 2025 sales target
Leapmotor became the second Chinese NEV maker after Li Auto to achieve profitability on a half-year basis.
Leapmotor has raised its full-year sales target for 2025 to 580,000 to 650,000 units and aims to achieve annual sales of 1 million units in 2026.
Xpeng secures $1.4 billion credit line from China CITIC Bank
China CITIC Bank will grant Xpeng a credit facility of RMB 1 billion ($1.4 billion) to support the company’s business operations and development.
Xpeng delivered 18,701 vehicles overseas in the first half of this year, a year-on-year increase of 217 percent.
Tesla says Model Y L coming soon in China, shares glimpse of details
Tesla said the Model Y L is coming soon in China and shared a preview video showing a few details of the model. Read more…
Nio plans expansion into Singapore, Uzbekistan, and Costa Rica in 2025 and 2026
The first models to be launched in these new markets will include vehicles from Nio, Onvo, and Firefly brands. Read more…
Dongfeng M-Hero launches M817 off-road SUV equipped with Huawei technologies, starting at $44,540
The M-Hero M817 is a five-seat SUV with a maximum power output of 505 kW (687 horsepower).
The model will compete with SUVs such as the BYD Fang Cheng Bao’s Bao 8 and the GWM Tank 500.
Huawei-backed Stelato begins pre-sales of S9T wagon at $45,660
The S9T, Stelato’s second model following the S9 sedan, will compete with models including the Nio ET5 Touring.
The S9T has a pre-sales price of RMB 328,000 ($45,660), higher than the RMB 298,000 starting price of the Nio ET5 Touring.
GWM’s Brazil plant begins production with annual capacity of 50,000 cars
The Brazil plant is GWM’s third full-fledged vehicle manufacturing center outside of China.
GWM sold 15,700 vehicles in Brazil in the first half of this year, a year-on-year increase of 19.8 percent.
BYD opens new racetrack as it seeks to bring car culture to general public
The racetrack is located in Zhengzhou, Henan province, and is the second BYD racetrack following the one in Hefei.
In addition to a traditional circuit, the facility offers diverse terrain features.
IM Motors begins pre-sales of updated LS6 SUV, adds EREV variants to lineup
The updated LS6 is the first model to feature IM Motors’ Hengxing extended-range system, with the EREV variants offering a battery range of up to 450 km.
The updated LS6 starts at RMB 209,900 ($29,230), with official launch set for September 10.
Wuling launches updated Starlight S SUV with starting price of $13,900
Wuling offers PEHV and BEV options for the updated Starlight S, with the BEV variant offering a range of up to 510 kilometers. Read more…
WeRide secures investment from Grab to expedite robotaxi deployment in Southeast Asia
Grab will invest tens of millions of dollars in WeRide, with the transaction expected to close by the first half of 2026.
The investment is part of a strategic partnership aimed at accelerating the large-scale deployment of L4 robotaxis and other autonomous vehicles in Southeast Asia.
Nio Firefly begins first deliveries in Europe, making official entry into global markets
Firefly’s first deliveries in Europe took place on August 14 in Norway and the Netherlands.
Firefly also plans to enter six countries — Belgium, Denmark, Austria, Hungary, Portugal, and Greece — and expand to more regions by the end of the year.
Li Auto to report Q2 2025 earnings on Aug 28
In the second quarter, Li Auto delivered 111,074 cars, exceeding the reduced guidance provided by Li Auto on June 27.
In the first seven months of the year, Li Auto delivered 234,669 vehicles, a year-on-year decrease of 2.21 percent.
Xpeng’s new P7 beats Xiaomi YU7 in 24-hour endurance test
The new Xpeng P7 completed 3,961 km of continuous driving in 24 hours, surpassing Xiaomi YU7’s 3,944 km achieved at the end of June.
Xiaomi’s Lei Jun congratulated Xpeng, calling the new record remarkable.
Nio shares interior of new ES8 ahead of Aug 21 debut
The third-generation ES8 features a horizontal central screen similar to that of the ET9 sedan, unlike the vertical screen of its predecessor.
Nio will debut the all-new ES8 on August 21, with the SUV’s official launch scheduled for next month’s Nio Day 2025.
Hesai to supply LiDARs to Toyota’s joint venture in China
Hesai did not mention the name of the Toyota joint venture, but said that the automaker’s models equipped with its ATX LiDAR will go into mass production in 2026.
In the first half of 2025, Hesai’s LiDAR delivery volume reached 547,913 units, a year-on-year increase of 276.2 percent.
Xpeng, VW expand tech partnership to cover gasoline and plug-in hybrid platforms
The jointly developed technology architecture will not only be integrated into Volkswagen’s BEV platform, but also deployed on its gasoline and plug-in hybrid platforms in China.
The expanded technical cooperation will significantly increase the scale of models equipped with their joint E/E architecture in the Chinese market.
