1. Domestic Oil Prices to be Adjusted on July 25

According to recent data, the crude oil change rate has reached -1.15%, which meets the criteria for a domestic oil price reduction.

2. New Energy Vehicle Production and Sales in Henan Up Over 360% in H1

Data from the Henan Automobile Industry Association shows that in the first half of the year, the province's new energy vehicle production and sales reached 247,000 and 246,000 units, respectively, up 369.6% and 364.4% year-on-year.

3. Xpeng Motors Signs Electronic and Electrical Architecture Technology Cooperation Agreement with Volkswagen Group

Xpeng Motors announced that it has signed a strategic cooperation agreement with Volkswagen Group to jointly develop leading electronic and electrical architecture for Volkswagen's CMP and MEB platforms produced in China.

4. Zeekr Plans to Manufacture Cars in Europe

According to Bloomberg, Zeekr is actively considering producing models in Europe. Zeekr CEO An Conghui stated, "We are actively promoting localization in Europe and will make announcements at the appropriate time."

5. Spy Photos of Denza N9 Revealed

According to Denza, the Z9GT is positioned as a D-class shooting brake sedan with a price range expected to be between 400,000 and 600,000 yuan (Gasgoo).

6. Changan Qiyuan E07 Officially Rolls Off Production Line

Changan Qiyuan's new mid-to-large SUV, the Qiyuan E07, has officially rolled off the production line. The new car is the first "intelligent digital car" built on the SDA architecture and is scheduled to be launched within the year.

7. BMW China Responds to 4S Dealers Refusing to Deliver Cars

BMW China responded that it is aware of the issue and has conducted a preliminary internal investigation. The cases are individual instances, and BMW is actively communicating with the relevant dealers to urge them to comply with relevant laws, regulations, and contractual agreements to protect consumer rights (Jiemian News).

8. FAW-Volkswagen Launches Limited-Time Offers

FAW-Volkswagen announced that from now until July 28, 2024, it will hold a grand summer promotion event. Limited-time offers are available for the popular Bora, Sagitar, and Tayron models.

9. GAC Toyota Denies Exiting Price War

A GAC Toyota representative stated, "The company has never said it would exit the price war. GAC Toyota models will still have discounted prices, but these discounts are becoming more stable" (CBN).

10. Renault Group's Global Sales Up 1.9% in H1

Renault Group reported that its global sales in the first half of the year increased by 1.9% year-on-year to 1.1547 million units, driven by strong sales of its hybrid vehicles in Europe, with nearly 75% of sales coming from the European market.