CPCA expects the August 2026 passenger car market to exhibit a weak overall recovery and pronounced structural divergence; 21 production-and-sales working days and peak summer seasonality keep end-market recovery sluggish. Disruption to navigation in the Strait of Hormuz pushed July international oil prices higher; China raised retail refined-fuel prices in two rounds totalling about 985 yuan/ton, materially raising running and maintenance costs for internal-combustion-engine (ICE) vehicles, sup

Turkish parliament on the evening of the 10th (local time) passed a bill establishing procedures, with judicial oversight, to disarm the PKK (Kurdistan Workers' Party) and reintegrate its members, a move the government described as significant progress toward ending a decades-long conflict. The law is not a blanket amnesty but a conditional mechanism allowing eligible low-level PKK members not involved in serious violent crimes to return from northern Iraq to Turkey and undergo formal review. It excludes imprisoned leader Abdullah Ocalan, senior PKK figures and members serving life or similarly heavy sentences.

CATL said on Aug 11 it signed a strategic cooperation agreement with Longzhou. The agreement focuses on vehicle aftermarket services, construction of city-level battery-swap networks, and battery swapping for buses and passenger transport vehicles to support regional transport decarbonization.