Phate Zhang

As Black Myth: Wukong becomes a global hit, images of a character resembling Nio's CEO have been widely circulated, giving Nio unexpected exposure.

Zeekr will launch a flagship SUV in the second half of 2025 that will offer a variant with a new electric-hybrid powertrain technology, its CEO said.

In the second quarter of 2024, Xiaomi's innovative businesses, including smart EVs, generated total revenue of RMB 6.4 billion ($900 million), with a gross margin of 15.4 percent.

Zeekr reported gross margins of 17.2 percent in the second quarter, compared to 12.3 percent in the second quarter of 2023 and 11.8 percent in the first quarter of 2024.

Zeekr has been awarded an L3 autonomous driving test permit in Hangzhou, and will be able to test the L3 capabilities of its SEA Intelligent Driving system on the city's highways and urban expressways.

The Z9GT will officially go on sale and begin deliveries in September, and its powerful performance and lower-than-expected prices mean Denza has high hopes for its sales.

BYD, Geely, and SAIC all face slightly lower tariff rates than previously, while Tesla's 9 percent is well below the 20.8 percent indicated last month.

Xpeng reported revenues largely in line with expectations in the second quarter, with gross margin increasing sequentially for the fourth consecutive quarter and net loss narrowing slightly from the first quarter.

Nio Power will build a new battery swap station manufacturing facility in Wuhan, targeting an annual capacity of more than 1,000 battery swap stations.

Li Auto had 10,700 insurance registrations last week, Xpeng 2,300, Zeekr 3,500, Leapmotor 5,300 and Aito 5,600.