1. Xingji Meizu’s First Model to Be Delivered by Year-End

Xingji Meizu COO Liao Qinghong revealed that Xingji Meizu's car manufacturing is in full swing, with the first car expected to be available to consumers and delivered by the end of 2024.

2. Deep Blue S07 Launched, Starting at 149,900 Yuan

Deep Blue S07 has launched 10 different configuration models, priced between 149,900 and 212,900 yuan, with a limited-time discount of 10,000 yuan on all models.

3. BYD Song PLUS DM-i and Song L DM-i Launched

BYD held a launch event in Kaifeng for the “Song L DM-i and 2025 Song PLUS DM-i.” Both models are equipped with the fifth-generation DM technology and are available in five versions.

4. Honda China Plans to Cut Nearly 20% Production Capacity and Two Production Lines

Honda China announced it has seven vehicle production lines with a combined annual capacity of 1.49 million units. As it transitions to new energy vehicles, the adjusted total capacity will be reduced from 1.49 million units to 1.2 million units.

5. CATL’s H1 Revenue Hits 166.767 Billion Yuan

CATL announced that in the first half of 2024, the company achieved revenue of 166.767 billion yuan, a year-on-year decrease of 11.88%; net profit attributable to shareholders was 22.865 billion yuan, a year-on-year increase of 10.37%.

6. NIO Releases Industry’s First Full-Scope Vehicle Operating System

NIO Chairman and CEO Li Bin announced the full release of SkyOS, the industry's first full-scope vehicle operating system, developed over four years with an investment of over 23,000 person-months.

7. NIO Unveils Second Generation NIO Phone

At the 2024 NIO Technology Day, NIO Chairman Li Bin officially released the second generation of the NIO Phone, featuring an ultra-thin design with a body thickness of 8.6mm.

8. Mercedes-Benz Q2 Profit Drops 19%

Mercedes-Benz reported second-quarter sales of 36.74 billion euros, down 3.9% year-on-year; EBIT was 4.04 billion euros, down 19% year-on-year. The company expects full-year car sales to increase by 10% to 11%.

9. Stellantis H1 Net Profit Drops 48%

Stellantis announced that its first-half revenue was 85.02 billion euros, down 14% year-on-year. Net profit for the first half was 5.65 billion euros, down 48% year-on-year, both below expectations.

10. Audi Group H1 Revenue Reaches 30.9 Billion Euros

Audi Group’s financial report shows that its revenue for the first half of this year was 30.9 billion euros, a year-on-year decrease of 9.5%; operating profit was 1.982 billion euros, with an operating profit margin of 6.4%, and net cash flow was 1.13 billion euros.