electric vehicles
Nio reports 69% revenue growth in second quarter
Nio expects to deliver up to 111,000 vehicles in the third quarter.
China’s Leapmotor reports $5.3b revenue, $31.3m profit
Leapmotor’s overseas assembly plans at Stellantis plants in Malaysia, Spain, and Brazil are tied to a 2023 deal.
BYD’s new small EV drew 1,000 orders in Japan
The Racco starts at 2 million yen, or about US$12,600, after 150,000 yen (US$940) in government incentives.
ComfortDelGro’s Zig to invest over $7.8m in BYD fleet
ComfortDelGro said the investment will give vehicle hirers more choices and support its plan to shift its point-to-point business.
Xiaomi Q2 revenue hits $16.2b as EV sales grow
In EVs, Xiaomi delivered 104,199 vehicles in the quarter.
Indian EV maker Omega Seiki partners on battery monitoring
Omega Seiki Mobility was established in 2018 within the Anglian Omega Group.
VinFast, Gowa target 30 Indonesia showrooms in JV
The Vietnamese electric vehicle maker said the move was part of its expansion in Indonesia’s EV market.
Ford targets 2027 Fathom EV production
Ford said this should let it assemble the Fathom 15% faster than vehicles previously built at Louisville.
Elev8, Claypond lead $120m round for Indian EV startup River
River said it sells about 6,000 vehicles a month through more than 75 stores across India.
Tesla tops S Korea imported car sales for 6th month
Tesla sold 10,237 units, ahead of BMW’s 6,533, Mercedes-Benz’s 3,959, and BYD’s 2,846. The company has held the top spot since February.



