Toyota launches refreshed bZ5, betting on stronger driver assistance to retain Chinese buyers
The 2027 bZ5 starts at a limited-time price of 109,800 yuan ($16,170), with its driver-assistance system upgraded to Momenta 6.0.
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China NEV retail sales fall 12% in first 23 days of August as decline narrows
China’s passenger NEV retail sales totaled 614,000 in August 1-23, with retail penetration rising to 64.3%.
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Li Auto narrows Q2 loss as margin remains nearly half year-earlier level
Li Auto posted a second-quarter net loss of 1.7 billion yuan, while revenue fell 15.1% year-on-year to 25.7 billion yuan.
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Tesla denies rumors of China FSD pullout, but roll-out timing remains unclear
Tesla China said its Shanghai data center is operating normally and that it has reported the online rumors to police.
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Arcfox Alpha T7 opens for pre-sales with EREV and BEV options
The Arcfox Alpha T7 has a subsidized pre-sales starting price of 137,800 yuan ($20,320), with some higher-priced variants featuring Huawei Qiankun ADS 5 Pro.
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Xiaomi Auto launches global website, social channels ahead of 2027 Europe entry
Xiaomi Auto’s international website says the brand will officially enter Europe in 2027, and it has opened inquiries for dealer and distribution partnerships.
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Li Auto maps overseas push with i6 for Europe, L9 for Dubai
Li Auto plans to begin sales of the Li i6 electric SUV in Europe in the fourth quarter and the Li L9 in Dubai in September.
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Chery launches Fulwin T7 electric SUV with 600 km range from under $15,000
The compact electric SUV has a limited-time price starting at 94,900 yuan ($14,000), targeting China’s fiercely competitive budget market.
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BYD flash charging network to hit 10,000 stations on August 28, doubling in 5 months
BYD’s flash charging network will reach 10,000 stations with the completion of a new site in Shenzhen, doubling from early April.
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Voyah swings to H1 loss as revenue growth fails to translate into profit
Voyah posted a net loss of 389 million yuan in the first half, compared with a profit a year earlier, as prices of raw materials rose.
