On September 2, NIO released its financial results for the second quarter of 2025. The company reported revenue of RMB 19.01 billion, representing a 9.0% […]
Year: 2025
Tesla Reports August Sales in China: 83,192 Units Delivered
Tesla (TSLA.US) recorded wholesale sales of 83,192 vehicles in China in August, down 4% compared with the same period last year. However, sales rose 22.6% […]
Volkswagen Union Demands CEO Oliver Blume Resign as Sales Decline
AutoTimes reports that Volkswagen’s labor union intensified pressure on Tuesday, demanding that CEO Oliver Blume relinquish his dual leadership roles. Currently, Blume serves as CEO […]
A self-media outlet loses the lawsuit, ordered to compensate BYD 2.0187 million yuan!
On September 2nd, BYD’s Legal Department released a Weibo post stating that the self-media account “Longzhu – Jiche” and its related accounts have been found […]
Personnel Changes Announced! FAW-Volkswagen Audi Makes Official Statement
On the evening of September 1st, FAW-Volkswagen Audi officially announced the latest personnel appointment. Due to work needs, upon the decision of China FAW after […]
WEY’s sales increase by 168%! Great Wall Motor releases August sales figures
On September 1st, Great Wall Motors released its production and sales express report for August and the January-August period of 2025. Data shows that Great […]
BYD has significantly reduced prices in Japan, with a maximum reduction of 1.17 million yen.
BYD is offering a limited-time price reduction of 500,000 to 1.17 million yen (approximately 24,200 to 56,700 yuan) for its EVs in Japan. The compact […]
Tesla’s Sales in European Market Decline for Eight Consecutive Months, While BYD’s Sales Soar
August , Tesla’s sales in several European markets declined further due to the intense market competition and consumers’ dissatisfaction with Musk’s political stance, which continues. […]
South Korean investors’ enthusiasm for Tesla has waned and they sold $657 million worth of Tesla TSLA shares last month.
South Korean individual investors have abandoned Tesla shares and turned to cryptocurrencies. According to foreign media data, in August, they net sold Tesla shares worth […]
China FAW is rumored to acquire a 10% stake in Leapmotor, and the official responds.
On August 20, according to reports from multiple media outlets including Caixun, China FAW is planning to acquire a stake in Leapmotor to become a […]