Phate Zhang

The latest data was revised upward from the CPCA's previous estimate of 620,000 units.

Xpeng's vice president of autonomous driving, Wu Xinzhou, is rumored to be leaving the company and is set to join US chip giant Nvidia.

Volkswagen's Jetta brand is in talks to partner with Leapmotor, with FAW-Volkswagen likely to buy out one of Leapmotor's platform technologies, according to local media.

Great Wall is teaming up with Baidu to explore the use of Ernie's AI model technology in its production vehicles.

A solid order backlog and improving production ramp bode well for Nio's ongoing operational recovery and rising sales, Morgan Stanley said.

Following a price cut and a slew of new models, Nio's sales efficiency has improved materially and should maintain this level of demand for at least the rest of the third quarter, said Edison Yu's team.

The Song family sold 51,258 units in July, overtaking the Qin family and regaining its position as the best-selling BYD model.

On July 20, Neta launched a facelift of its flagship sedan, the Neta S, with a starting price reduced by RMB 30,000.

BYD aims to sell at least 3 million vehicles this year and strives to reach 3.6 million, the company's chairman previously said.

Deliveries of the new ES6 have grown steadily since its launch in late May 2023, with monthly sales topping 10,000 units in July, Nio said.