1. Hangzhou’s new auto subsidy policy is released

According to Hangzhou’s announcement, fuel vehicles and new energy vehicles with a price range of 50,000-150,000 yuan will be subsidized by 6,000 yuan and 8,000 yuan respectively; vehicles with a price range of 150,000-250,000 yuan will be subsidized by 8,000 yuan and 10,000 yuan respectively; vehicles with a price range of 250,000 yuan and above will be subsidized by 10,000 yuan and 12,000 yuan respectively.

2. Huawei Auto BU charges 36,700 yuan for each vehicle sold

The report shows that Shenzhen Yinwang’s largest customer A had sales of 6.614 billion yuan in the first half of this year. Currently, Seres is its largest sales partner, with sales of 180,000 vehicles in the first half of the year. It can be inferred that for each vehicle sold, Huawei Auto BU charges about 36,700 yuan for parts and services (Jiemian News).

3. SERES's net profit in the first half of the year was 1.625 billion yuan

SERES disclosed its semi-annual report, with revenue of 65.044 billion yuan in the first half of the year, an increase of 489.58% year-on-year, and a net profit attributable to shareholders of listed companies of 1.625 billion yuan, turning losses into profits year-on-year.

4. It is reported that Harmony Auto has reduced salaries for all employees

Harmony Auto has decided to take emergency measures to reduce salaries for all employees from August to December this year, including a 50% discount on the chairman's salary, a 35% and 25% salary reduction for senior and middle-level employees, and a 15% salary reduction for other employees (Blue Whale News).

5. Tesla Model 3/Y 5-year interest-free event extended again

Tesla's official website in China shows that the deadline for the limited-time 5-year 0-interest event for some models of Model 3 and Model Y has been extended from August 31 to September 30.

6. Nezha S hunting suit is on the market, priced from 159,900 yuan

The new car has a total of six versions, including pure electric and extended-range, with a price range of 159,900 yuan to 209,900 yuan.

7. The second-generation Haval H9 is pre-sold for 205,900-235,900 yuan

The length, width and height of the new car are 5070/1960, 1976/1930mm respectively, and the wheelbase is 2850mm; it adopts the popular square box design of hard-core SUVs nowadays.

8. The new model Lantu Zhiyin rolled off the assembly line

The new Lantu models Lantu Zhiyin and Lantu Zhiyin Global Edition officially rolled off the assembly line on the 26th, and the new car will be pre-sold at the Chengdu Auto Show on the 30th.

9. New energy vehicles reversely supply electricity to the power grid

On the evening of the 24th in Chongqing, a total of 120 new energy vehicles participated in the V2G large-scale reverse discharge pilot application, which lasted for 2 hours and accumulated more than 1,700 kWh of reverse discharge, which can meet the electricity needs of more than 420 residential users for 1 hour (Sina).

10. Zotye Auto Vice President Wang Lei resigns

Zotye Auto announced that the board of directors recently received a written resignation report submitted by the company's vice president Wang Lei. Wang Lei applied to resign from the position of vice president of the company for personal reasons, and his resignation report will take effect from the date of delivery.