Lei Kang

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.

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.

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

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

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.

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.

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.

Leapmotor plans to complete the spin-off of its vehicle intelligence systems teams and set up a separate company by the end of this year, according to local media.

Jiyue will hold a launch event on August 28 about smart driving using end-to-end AI technology and will launch the Jiyue 07 sedan on September 10.

China's NEV retail penetration is set to exceed 50 percent for the second consecutive month and reach a new record high of 53.2 percent.