Author: Jackson Han

CATL and BYD continued to dominate the global electric vehicle battery market in the first seven months of the year, jointly accounting for more than half of total installations, according to industry data. Global EV battery capacity installed between January and July reached 590.7 gigawatt hours (GWh), up 35.3% from 436.7 GWh a year earlier, South Korean research firm SNE Research said. CATL’s installations rose 34.0% year-on-year to 221.4 GWh, giving the Chinese battery maker a 37.5% global share. While maintaining its leadership, this was slightly lower than the 37.8% share recorded in the same period of 2024 and below…

Tesla has surged ahead in Türkiye’s electric vehicle (EV) market, selling 8,730 Model Y units in August, an 86% increase from July, according to data from the Automotive Distributors and Mobility Association (ODMD). The U.S. automaker is now Türkiye’s second-largest auto brand by monthly sales, trailing only Renault. The strong performance pushed Tesla past established brands including Fiat, Volkswagen, Toyota, and Hyundai, while capturing nearly half of Türkiye’s EV market in August. Year-to-date deliveries through August reached roughly 26,000 vehicles, quadrupling the volume seen during the same period in 2024, Turkish Minute reported. Industry analysts attribute Tesla’s momentum in Türkiye…

Nio posted a narrower net loss in the second quarter as it reduced expenses, while reiterating its goal of reaching its first quarterly profit in the final three months of the year. The Chinese electric vehicle maker reported a net loss of RMB 4.99 billion ($697 million) for the three months ended June 30, its smallest since the fourth quarter of 2023, according to unaudited results released on Tuesday. That marked a 1% decline from a year earlier and a 26% drop from the first quarter of 2025. Nio attributed the improved result to tighter cost controls. Research and development…

Nio said on Monday it delivered 31,305 vehicles in August, its highest-ever monthly total, as strong sales from its Onvo and Firefly sub-brands offset weakness in its main brand. Deliveries rose 55.2% from a year earlier and 48.9% from July, surpassing the company’s previous record of 31,138 units set in December 2024. Onvo delivered 16,434 units, up 175% from July, while Firefly delivered 4,346 units, an 83.7% increase. The main Nio brand continued to struggle, delivering 10,525 units in August, down 47.8% year-on-year and 17% from July. From January to August, Nio delivered 166,472 vehicles, a 30% increase from a…

Tesla has reduced the price of its long-range rear-wheel drive Model 3 sedan in China by $1,400, less than a month after introducing the longest-range version of the car in the country. The model, launched on August 12 with a range of 830 kilometers under the CLTC standard, now starts at about $35,700, down from its initial price of $37,100. At launch, it was priced roughly 14 percent higher than the entry-level rear-wheel drive Model 3, which remains at around $32,400. The long-range rear-wheel drive version expanded the Model 3 lineup in China to four variants, joining the long-range all-wheel…

BYD said on Friday it will reduce the minimum trading lot size of its Hong Kong-listed shares to make the stock more accessible to investors and improve market liquidity. Effective from 9:00 a.m. on Sept. 19, the minimum trading lot will be lowered from 500 shares to 100 shares, according to a filing with the Hong Kong Stock Exchange. The change applies to both Hong Kong dollar and renminbi counters. At BYD’s closing price of HK$114.4 on Friday, the minimum investment required will fall from HK$57,200 to HK$11,440 once the adjustment takes effect. The company said the move is intended…

Chinese electric vehicle maker Xpeng has launched the next-generation P7 electric sedan, introducing upgraded performance, new design elements, and advanced computing power. The liftback starts at 219,800 yuan ($30,730) for its entry-level variant, with four trims priced up to 301,800 yuan ($42,190). The P7, first released in 2020, has accumulated domestic sales of nearly 191,000 units and expanded into overseas markets including Europe. The updated model adopts Xpeng’s Xmart Face design language with a slim LED strip, illuminated logo, retractable door handles, active air intake, and an optional active rear spoiler. The vehicle has a drag coefficient of 0.201 Cd…

Dongfeng Motor’s new energy brand Voyah has launched the updated Zhiyin SUV, its latest all-electric model equipped with Huawei’s smart driving and cockpit technologies. Unveiled at an event on Thursday, the updated Zhiyin—marketed overseas as the Courage—starts at RMB 202,900 ($28,450), down from the RMB 220,000 pre-sale price set earlier this month. Voyah is offering three variants: two rear-wheel-drive versions priced at RMB 202,900 and RMB 222,900, and one all-wheel-drive version priced at RMB 242,900. The model features larger dimensions than its predecessor, measuring 4,810 mm in length and 2,925 mm in wheelbase. Its key highlights include Huawei’s Qiankun ADS…

Great Wall Motor’s (GWM) Tank brand has unveiled the updated Tank 500 SUV, refreshing one of its most prominent models with hybrid powertrains and upgraded technology. The hybrid version of the off-road SUV was launched at an event on Thursday, starting at RMB 335,000 ($46,820). The new entry price is RMB 25,000, or nearly 7%, lower than the RMB 360,000 pre-sales figure announced earlier this month. Tank is offering two Hi4-T variants and one Hi4-Z variant, priced at RMB 335,000, RMB 355,000, and RMB 375,000, respectively. Both hybrid models combine a 2.0-liter engine with an electric motor. The Hi4-T uses…

Xpeng  on Wednesday launched its next-generation P7, a dramatic overhaul of its flagship electric sedan, introducing a lower entry price and new artificial intelligence capabilities as it aims to strengthen its foothold in China’s crowded EV sector. The new model debuted at the company’s Guangzhou headquarters with a starting price of 219,800 yuan ($30,700), well below the 300,000 yuan price point Xpeng had previously suggested. Four Ultra editions were introduced, ranging from 219,800 yuan to 301,800 yuan. Shortly after the event, Xpeng announced on Weibo that the car had already secured more than 10,000 confirmed orders within the first seven…

Huawei-backed Aito has officially launched the battery electric vehicle (BEV) version of its M8 SUV, adding a new entry in China’s mid-to-large electric SUV segment. The Aito M8 BEV went on sale on Sunday with a starting price of 359,800 yuan ($50,280), about 4.8% lower than the previously announced pre-sale price of 378,000 yuan. Shortly after the launch, the company said the model had secured more than 7,000 firm orders within two hours. Aito is offering the BEV in three trims – Max+ Long Range Edition, Max+ All-Wheel Drive Edition, and Ultra All-Wheel Drive Edition – with each available in…

Shangjie, the new automotive brand jointly developed by Huawei and SAIC Motor (SHA: 600104), has launched pre-sales of its first model, the H5 SUV, at a starting price of 169,800 yuan ($23,740). The vehicle becomes the most affordable model equipped with Huawei’s ADS 4 driving assistance system under the Harmony Intelligent Mobility Alliance (HIMA). The H5 will officially launch on September 23 and is offered in both battery electric (BEV) and extended-range electric (EREV) versions. The SUV measures 4,780 mm in length, 1,910 mm in width, and 1,664 mm in height, with a wheelbase of 2,840 mm. The EREV variant…