The two updated Model Ys include a five-seat version codenamed Juniper, which is expected to begin deliveries in the first quarter of next year. The other is a 7-seat version expected to begin deliveries in the fourth quarter of 2025. Read more…

Tesla plans to launch a seven-seat version of the Model Y in China and Europe in October, with production of the model already underway at Giga Shanghai, according to local media. Read more…

A video shows a parking lot full of soon-to-be-delivered Xpeng Mona M03 cars as they are being shipped out. Read more…

Neta started pre-sales of the Neta S shooting brake CIIC 800 V variant with a starting price of RMB 189,900 ($26,650), with deliveries expected to begin in November. Read more…

Jiyue has begun pre-sales of the Jiyue 07 at a price of RMB 215,900 ($30,300), with the model set to go on sale on September 10. Read more…

Tesla had approached Ottawa to lower tariffs on its vehicles ahead of Canada’s announcement this week of a 100 percent tariff on China-made EVs, according to Reuters. Read more…

China’s NEV retail penetration was 55.1 percent in the August 1-25 period, and 44.3 percent year-to-date. Read more…

BYD’s net income in the second quarter was up 98.36 percent from the first quarter, while gross margin was 18.69 percent, down 3.19 percentage points from the first quarter. Read more…

Nio’s retail sales in August are estimated at around 20,000 units, flat year-on-year and flat sequentially, Deutsche Bank said. Read more…

Li Auto’s net income rose 86.24 percent in the second quarter from the first quarter, while gross margins slipped to 19.5 percent. Read more…

The last Shanghai auto show was held in April 18-27, 2023, with 1,413 vehicles on display, including 513 NEVs. Read more…

Xpeng’s Turing chip saw a successful tape-out, with one chip having three times the computing power of the autonomous driving chip it currently uses. Read more…

Xpeng announced shortly after the launch event that the Mona M03 saw firm orders exceed 10,000 units in 52 minutes. Read more…

Onvo will see its first batch of over 100 stores open on September 1, covering 55 cities, as the official launch of its first model, the L60, nears. Read more…

The first Fang Cheng Bao model to feature Huawei’s Qiankun ADS 3.0 is the Bao 8 off-road SUV, which will go on sale after the third quarter. Read more…

Li Auto had 11,600 insurance registrations last week, Xpeng 2,800, Zeekr 3,000, Leapmotor 6,200 and Aito 9,000. Read more…

Aito aims to deliver 3,000 units of the M7 Pro in the first week of launch and over 10,000 units in the first month. Read more…

Leapmotor executives, including the CEO, plan to increase their holdings of the company’s Hong Kong-traded shares by up to RMB 300 million ($42 million) over a six-month period. Read more…

Xpeng’s chip is a centralized computing architecture chip that supports powering the cockpit and smart driving, with AI computing power close to the level of 3 mainstream smart driving chips, according to local media. Read more…

The Canadian government plans to announce a 100 percent levy on EVs from China and 25 percent on steel and aluminum, Bloomberg reported. Read more…