1. China Passenger Car Association (CPCA): From July 1st to 31st, the national passenger car market retail sales reached 1.506 million units, a decrease of 18% year-on-year.
2. CPCA: From July 1st to 31st, the national new energy passenger car market retail sales reached 970,000 units, a decrease of 2% year-on-year.
3. By the first half of 2026, over 30% of electric vehicles sold in South Korea will be made in China.
4. Great Wall Motors' Wey brand CEO denies rumors of Blue Mountain's production halt.
5. Yole: Electric vehicles will account for 70% of light vehicle production by 2031, and the related power chip market will double.
6. The China Association of Automobile Manufacturers' Autonomous Vehicle Industry Development Joint Conference was launched.
7. Volkswagen reportedly plans to lay off hundreds of management personnel: Seeking help from headhunters for reassignment was rejected due to "not enough positions."
8. Foton Motor: July vehicle sales reached 51,784 units, compared to 45,974 units in the same period last year.
9. Hyundai, Kia, Stellantis, and Honda will collectively recall over 512,000 vehicles in South Korea. 10. SAIC and General Motors renewed their joint venture agreement, extending it for another 20 years until 2047.
11. Tesla's Semi electric truck will enter the European market, with Tesla appointing a head of business development for France.
12. US electric vehicle startup Lucid restructures operations: production cuts, accelerated development of Robotaxi, and continued delays in the release of its value-for-money model.
