Qin Lihong, president of NIO Automobile, responded that the third brand Firefly will be released on NIO Day 2024 and will continue to adopt a pure electric technology route that can be charged, replaced and upgraded.

Electric vehicles now account for 8.9 percent of the nation's new vehicle market, indicating that consumer acceptance of new energy models is increasing and driving the overall market transformation.

According to CPCA's comprehensive estimate of preliminary monthly data, the national wholesale sales of new-energy passenger car manufacturers in August amounted to 1.05 million units, up 32% year-on-year and 11% sequentially.

The earnings report showed that Xiaomi's total revenue for the second quarter reached 88.9 billion yuan, significantly higher than analysts' expectations of 85.8 billion yuan, recording a year-on-year increase of 32.0%. Adjusted net profit was 6.18 billion yuan, up 20.1 percent year-on-year, again above analysts' expectations of 4.8 billion yuan.

In media interviews at the end of the event, Trump said he could end the electric car tax credit if he is elected and would be willing to appoint Musk as an adviser.

Bernstein's analyst Tony Sacconaghi noted that Tesla's market share is declining in all regions, whether it's under electric vehicles (EVs) or under the other hybrids (xEVs) category.

Japanese traditional car company Honda announced on Thursday that it plans to close a factory in China this year and suspend car production at another factory.

Tesla announced its lowest quarterly profit margin in the past five years on Tuesday evening, and its stock price fell 12% on Wednesday, evaporating nearly $100 billion in market value.

Tesla's revenue for the second quarter was $25.5 billion, a slight increase of 2% year-on-year, and adjusted net profit was $1.812 billion, a decrease of 42% year-on-year.

Overall, analysts' average forecast for Tesla's Q2 financial report is: revenue of $24.72 billion, a year-on-year decrease of 0.8%; Earnings per share were $0.62, a year-on-year decrease of 32%.

In the latest report, analysts from Global Equities Research have raised Tesla's target price from $340 to $400, citing increased demand for the company's electric vehicles.

Toyota announced on July 11th that it has joined seven other car companies in investing in IONNA to jointly establish a charging network for high-power electric vehicles in North America.

According to Cox Automotive, Tesla's sales in the United States in the second quarter of this year decreased by 6.3% year-on-year, with sales accounting for 49.7%. This is the first time Tesla has fallen below 50% in a quarter.

According to insiders, after Musk postponed his visit to India at the end of April this year, his team has not yet made further inquiries to officials in New Delhi.

The latest report released by market research company Counterpoint Research shows that BYD is expected to surpass Tesla in pure electric vehicle sales by 2024, and BYD's market share is expected to significantly increase.

Wall Street analysts now unanimously believe that after a difficult period and multiple legal disputes sparked by CEO Elon Musk, electric vehicle manufacturer Tesla may be preparing for a rebound.

According to Tesla China's official Weibo account, from July 1st to July 31st, orders for both the Standard Range and Long Range All Wheel Drive versions of the Model 3/Y will enjoy a 5-year interest free or low interest car purchase benefit.

The cumulative delivery of Xiaomi SU7 has exceeded 20,000 units after the delivery volume exceeded 10,000 units in June.

According to people familiar with the matter, the EU has made minor adjustments to the proposed tariffs on some Chinese imports of electric vehicles after obtaining more information about companies affected by the tariff increases.。

Ren Shaoqing said, to abandon the industry for many years of "perception-decision-regulation" traditional paradigm to do intelligent driving, the future will gradually shift to the end-to-end model paradigm, with deep neural network technology to achieve high-level intelligent driving.