Phate Zhang

Shangjie H5 will be officially launched in September, and is expected to be the lowest-priced model under Huawei's HIMA business.

Xpeng's new generation P7 sedan will be launched next week.

Xpeng's net loss for the second quarter was RMB 480 million, marking the lowest level since the third quarter of 2020.

The Zeekr 7X is the third model launched by Zeekr in Thailand, following the Zeekr 009 MPV and the Zeekr X compact SUV.

Onvo's insurance registrations for last week were 3,790, the second-highest on record, up 16.98 percent from the previous week's 3,240.

Nio has reduced the cost of its optional 100-kWh pack by RMB 20,000 ($2,780), resulting in price cuts for all long-range versions of its current models.

The Model Y L starts at RMB 339,000 ($47,180) in China, which is expected to boost Tesla's sales and intensify competition in the six-seat SUV segment.

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.

Tesla said the Model Y L is coming soon in China and shared a preview video showing a few details of the model.

China CITIC Bank will grant Xpeng a credit facility of RMB 10 billion ($1.4 billion) to support the company's business operations and development.