1.Global Top 20 Electric Vehicle Brands

Based on registration numbers, BYD's market share increased from 20.8% in April to 22.1%, up from 21.9% a year ago. Tesla's market share, however, fell from 14.8% in the same period in 2023 to 11% (Gasgoo).

2.BMW to Exit Price War to Maintain Brand Value

Starting in July, BMW will reduce sales volume to stabilize prices and alleviate store operating pressures. BMW China stated that it will focus on business quality in the Chinese market in the second half of the year and support dealers in maintaining a steady and solid approach.

3.Xiaomi Automobile Obtains Independent Manufacturing Qualification

In the "Announcement of Road Motor Vehicle Manufacturers and Products," Xiaomi resubmitted an application for the SU7, with the label "Beijing Xiaomi" officially changed to "Xiaomi." Xiaomi Automobile Technology Co., Ltd. is listed among the new vehicle manufacturing companies to be announced.

4.Senior Executives from Baoneng Group Join Zotye Automobile

Several senior executives from Baoneng Group and its associated company Shenzhen Jinshuo Trading Co., Ltd. have joined Zotye Automobile, occupying key positions such as Vice President of Marketing, Vice President of Production and Manufacturing, and Chief Financial Officer.

5.Huawei and Chery Jointly Develop the Zhijie R7

According to a declaration from the Ministry of Industry and Information Technology, the Zhijie R7 has a length of 4956mm and a wheelbase of 2950mm. Previous reports suggested that its price would be between 300,000 and 400,000 RMB.

6.Toyota Luxury Model Purchase Requires an Interview

A car enthusiast reported that when attempting to purchase a Toyota Century, they were required to undergo an interview by the brand, which they found unbelievable (Fast Technology).

7.Hyundai Reaches Largest Wage Increase Agreement in History with Union to Avoid Strike

Hyundai Motor Union announced that its members voted to accept the preliminary wage agreement. According to the agreement, Hyundai Motor will increase the basic monthly salary of employees by 4.65% and provide a one-time performance bonus equivalent to 500% of the basic monthly salary to each employee.

8.Audi A5 to be Released Globally on July 16th

According to Audi's new naming rules, odd-numbered models will use internal combustion engines, and even-numbered models will be electrified. The upcoming A5 is an upgraded version of the current A4.

9.New Ford Capri Official Photos Released

Ford released a set of official photos for the new Ford Capri. The car is built on the MEB platform, and its starting price in Europe is 51,900 euros (approximately 409,200 RMB).

10.Tesla Delays Release of Autonomous Taxi

Tesla has delayed the release of its autonomous taxi until October to give the project team more time to produce additional prototypes (Jiemian News).