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OPEC Monthly Report: U.S. net imports of petroleum products increased by 350,000 barrels per day to -2.23 million barrels per day compared with the previous round of statistics.

2025-08-12

OPEC Monthly Report: U.S. net imports of petroleum products increased by 350,000 barrels per day to -2.23 million barrels per day compared with the previous round of statistics.

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2025-08-12

1. Xu Haidong, Executive Deputy Secretary-General of the China Association of Automobile Manufacturers (CAAM), stated: "Three companies have already achieved payment within 60 days, and major automakers and major automakers are already taking action.

1. Xu Haidong, Executive Deputy Secretary-General of the China Association of Automobile Manufacturers (CAAM), stated: "Three companies have already achieved payment within 60 days, and major automakers and major automakers are already taking action." 2. Sources familiar with the matter: Huawang Auto, a joint venture between GAC and Huawei, will adopt an agency distribution model and is expected to launch its first sedan in Q2 next year. 3. China Automobile Dealers Association: China's cumulative used car transaction volume increased by 2.17% year-on-year in the first seven months. 4. Tesla's longest-range model has gone on sale, with a starting price of 269,500 yuan. 5. Ford announced a $5 billion investment in the United States, focusing on promoting economy cars. 6. A Xiaomi Auto salesperson responded to a request for a final payment of over 200,000 yuan before the vehicle was delivered: "This is only for certain prospective owners with special circumstances." 7. Shenzhen Yantian Port and Dachan Bay Port saw a significant increase in new energy vehicle exports, with year-on-year growth of 75% and 5.3 times in the first seven months, respectively. 8. Elon Musk reiterated: Tesla's Semi electric semi-trailer truck will enter mass production next year. 9. Musk: Tesla's Robotaxi service will open to the public next month. 10. Nezha Auto has been declared a defaulter and listed as a dishonest debtor. 11. General Motors is reportedly refocusing its efforts on autonomous driving: it plans to recall former Cruise employees, targeting Level 3/L4 and even Level 5 systems. 12. The 8GB small-capacity memory chips used in intelligent driving basic chips are reportedly in short supply, leading to price increases.
2025-08-12

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