This marks Tesla's sixth year-on-year decline in China retail sales during the first eight months of this year.
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Author: Phate Zhang
Momenta will test Level 4 autonomous robotaxis with Uber in Munich, Germany, in 2026.
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Hesai plans to raise up to $500 million in its secondary listing in Hong Kong, with shares set to begin trading on September 16.
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The facility is CATL's second European plant besides its German operation, with an annual capacity target of 100 GWh.
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The Shenxing Pro is the first product featuring CATL's latest NP 3.0 technology, targeting Europe's EV market with high safety, ultra-fast charging, and long range.
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The new WM Motor aims to produce and sell 10,000 to 20,000 vehicles this year, with projected revenue of RMB 1 billion ($140 million) to RMB 2 billion.
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The new BMW iX3 China-exclusive edition will feature large language AI models and driver assistance technologies co-developed by BMW and its Chinese partners.
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Deepal has appointed Jiang Hairong, former China CMO of Honor, as CEO, while former CEO Deng Chenghao has assumed the role of chairman.
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Nio Day 2025 will be held in Hangzhou on September 20, where the third-generation Nio ES8 SUV will be officially launched.
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For industry demand, achieving even half of this year's fourth-quarter levels in the first quarter of next year would be a positive outcome, Li said.
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