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BYD NEV sales flat in Aug as hybrids continue to decline

This article is being updated, please refresh later for more content. BYD’s passenger BEV sales in August rose 34.43 percent year-on-year, while PHEV sales fell 22.69 percent. BYD (HKG: 1211, OTCMKTS: BYDDY) saw flat new energy vehicle (NEV) sales last month as plug-in hybrid electric vehicle (PHEV) models continued to decline. The company sold 373,626 NEVs in August, up 0.15 percent…

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Nio delivers record 31,305 cars in Aug

This article is being updated, please refresh later for more content. Nio Inc delivered a record 31,305 vehicles in August, marking a 55.16 percent year-on-year increase and a 48.95 percent rise from July. Nio Inc (NYSE: NIO) delivered a record 31,305 vehicles in August, marking a 55.16 percent year-on-year increase and a 48.95 percent rise from July. Below is its statement, as the CnEVPost…

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Geely Auto posts 2nd-best monthly sales as Geely Galaxy surges 173%

Geely Auto sold 250,167 vehicles in August, with Geely Galaxy achieving a record 110,666 units. Geely Auto saw nearly 100 percent growth in both BEV and PHEV sales in August. Geely Auto (HKG: 0175) delivered robust sales performance last month as its Geely Galaxy sub-brand maintained strong momentum. The automaker sold 250,167 vehicles in August, marking its second-highest monthly sales on…

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Zeekr Group deliveries up 10.61% to 44,843 in Aug with Zeekr brand declining

The Zeekr brand delivered 17,626 cars in August, down 2.16 percent year-on-year. Lynk & Co delivered 27,217 units, up 20.81 percent year-on-year. From January to August, Zeekr Group delivered 333,913 vehicles, a 14.61 percent year-on-year growth. Zeekr Group (NYSE: ZK) continued its delivery growth last month despite a decline for the Zeekr brand. The group delivered 44,843 vehicles in August,…

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Huawei-backed Aito to start pre-sales of updated M7 SUV on Sept 5

The updated Aito M7 made its debut at the 2025 Chengdu auto show starting August 29, with its official market launch set for September 23. Currently, the Aito M7 only comes in EREV variants, with starting prices ranging from RMB 249,800 ($35,020) to RMB 329,800. (Updated Aito M7. Image credit: Aito) Aito, the automotive brand jointly developed by Huawei and Seres Group, will begin pre-sales for…

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Leapmotor delivers record 57,066 cars in Aug, to debut new model Lafa 5 on Sept 8

Leapmotor’s monthly deliveries hit a record high for the fourth consecutive month, and its new personalized strategic model Lafa 5 will debut at the Munich auto show on September 8. From January to August, Leapmotor delivered 328,859 vehicles, representing a year-on-year increase of 136.43 percent. Leapmotor (HKG: 9863) achieved a new delivery record last month and will unveil a new model next…

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Xpeng delivers 37,709 cars in Aug, record high for 2nd consecutive month

This article is being updated, please refresh later for more content. From January to August, Xpeng delivered 271,615 vehicles, growing 251.79 percent year-on-year. Xpeng (NYSE: XPEV) set a new delivery record last month as its sales momentum remained strong. The Chinese electric vehicle (EV) maker delivered 37,709 vehicles in August, marking its second consecutive month of record-high…

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Nio's William Li reassures staff in internal speech that Q4 profitability remains achievable

Both the Onvo L90 and the new Nio ES8 are high-priced products with solid gross margins, Li said. Nio had initially hoped the new ES8 would achieve pre-order levels comparable to the Onvo L90, but current results appear even stronger. (A third-generation ES8 displayed at the Chengdu auto show in August 2025. Image credit: CnEVPost) Nio founder, chairman, and CEO William Li reiterated the…

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BYD sees net income drop 30% in Q2 as competition intensifies

This article is being updated, please refresh later for more content. This marks the first year-on-year decline in BYD’s net income since the first quarter of 2022. BYD (HKG: 1211, OTCMKTS: BYDDY) saw a significant year-on-year decline in quarterly net income as competition in China’s new energy vehicle (NEV) market intensified. The company reported a net income of RMB 6.36 billion for the…

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BYD to change H-share lot size from 500 shares to 100 to widen shareholder base

The change will take effect on September 19, significantly lowering the entry barrier for buying BYD shares on the Hong Kong stock market. The adjustment will enhance the liquidity of H shares and broaden the shareholder base, BYD said. (A BYD concept car displayed at the Shanghai auto show in April 2025. Image credit: CnEVPost) BYD (HKG: 1211, OTCMKTS: BYDDY) will reduce the minimum trading lot…

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SAIC MG launches redesigned MG4 with semi-solid-state battery variant starting at $14,000

The all-new MG4 has a starting guide price of just RMB 68,800 ($9,650), making it one of the most affordable EVs in the Chinese market. Its semi-solid-state battery variant delivers a CLTC range of 537 kilometers. (Image credit: MG) MG Motor, a subsidiary of SAIC Motor, has officially launched the redesigned MG4 compact hatchback in China as the brand shifts greater focus to the competitive…

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Zeekr begins pre-sales of 9X large hybrid SUV, official launch set for late Sept

The Zeekr 9X starts at RMB 479,900 ($67,340) during pre-sales, delivering 1,381 horsepower for supercar-level acceleration from 0 to 100 km/h in 3.1 seconds. The large SUV’s battery pack offers 55 kWh and 70 kWh options, with a CLTC range of 300 to 380 kilometers. (Image credit: Zeekr) Zeekr (NYSE: ZK) commenced pre-sales for its Zeekr 9X large luxury hybrid SUV (sport utility vehicle) today on…

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Li Auto posts flat net income in Q2 amid revenue decline

This article is being updated, please refresh later for more content. Li Auto reported a net income of RMB 1.1 billion ($153 million) for the second quarter, a 0.4 percent year-on-year decrease while a 69.6 percent increase from the first quarter. Li Auto (NASDAQ: LI) reported a net income of RMB 1.1 billion ($153 million) for the second quarter, a 0.4 percent year-on-year decrease while a 69.6…

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Leapmotor's European production to start in Spain in Q3 2026, report says

Leapmotor will first produce the B10 compact SUV at a Stellantis plant in Spain, followed by the B05. Leapmotor is expected to launch the B10 and B05 in Europe at the IAA Mobility 2025 in September. (A Leapmotor B10 displayed at the Shanghai auto show in April 2025. Image credit: CnEVPost) Leapmotor (HKG: 9863) will establish its European manufacturing base in Zaragoza, Spain, at Stellantis’…

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Li Auto makes key advance in in-house chip, road tests underway on prototype cars, report says

When running tasks for large language models, one Li Auto M100 chip delivers effective computing power equivalent to two Nvidia Thor-U chips. The M100 is expected to enter mass production and vehicle integration next year. Until then, Li Auto will continue relying on Nvidia and Horizon Robotics. (A Li Mega displayed at the Shanghai auto show in April 2025. Image credit: CnEVPost) Li Auto…

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Chinese robot vacuum maker Dreame joins car-making race, first EV to rival Bugatti Veyron

Dreame’s inaugural model will be an ultra-luxury pure-electric vehicle positioned to rival the Bugatti Veyron, slated for a 2027 debut. Dreame has assembled a nearly 1,000-person automotive team and continues to expand. (Image credit: Dreame) Dreame Technology, a Chinese brand known for its robot vacuum cleaners, has officially announced its entry into the automotive industry — a rare new…

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Onvo L90 7-seater show cars arriving at stores as deliveries due in about 1 month

The Onvo L90 seven-seater show cars will be open to visitors starting at 10:00 am Beijing time on August 29. Currently, the L90 being delivered is the six-seat version, with the seven-seat version scheduled to begin deliveries in late September. (An Onvo L90 displayed at the Shanghai auto show in April 2025. Image credit: CnEVPost) Onvo, a sub-brand of Nio Inc (NYSE: NIO), is shipping display…