Cui Dongshu: July auto consumption fell 17% year-on-year; stabilizing industry growth remains a daunting task

Cui Dongshu stated that from January to July 2026, automobile consumption decreased by 13.2% year-on-year, with a 17% year-on-year decline in July. Challenges such as high price levels, a surge in spending on basic necessities like clothing and food, insufficient effective demand, and lackluster market vitality persist, making the task of stabilizing industry growth still arduous.

Zhitong Finance19:51

Leapmotor D99 Makes Major Debut: Starting at 249,800 Yuan, This All-Around Flagship MPV Features Fully In-House R&D for Both Business and Family Use

On June 25, 2026, Leapmotor officially launched its first MPV based on the flagship D platform, the Leapmotor D99, priced between RMB 249,800 and RMB 319,800. Buyers can enjoy limited-time launch benefits valued at up to RMB 61,279, along with four lifetime free warranty programs and premium services. As a flagship masterpiece embodying a decade of Leapmotor's comprehensive in-house R&D capabilities, the new vehicle is positioned as a "Tech-Luxury Flagship MPV." Upholding the D series' core philosophy of "million-yuan-level experience and accessible technology," it delivers a holistic flagship experience across six dimensions—flagship comfort, range, intelligence, driving dynamics, safety, and aesthetics—at a price point in the RMB 300,000 range, reshaping the mid-to-large MPV market.

Gelonghui FinanceAug 14 21:44

Cui Dongshu: Passenger car retail sales reached 1.461 million units in July, down 20.9% year-on-year; total volume under pressure with weaker month-on-month performance and intensified structural divergence

In July 2026, the domestic passenger vehicle market exhibited a trend characterized by sustained pressure on total volume, month-on-month weakening, and extreme structural divergence. The downturn typical of the off-season was pronounced, further deepening the industry's structural adjustment.

Zhitong FinanceAug 14 13:35

Undeterred by U.S. containment efforts, Chinese technology firms are deepening their integration into global enterprises, spanning sectors such as AI, electric vehicles, and batteries.

The United States has continued to intensify efforts to curb Beijing’s technological ambitions, yet Chinese technology is becoming increasingly embedded in the operations of some of the world’s largest corporations, ranging from artificial intelligence to electric vehicle batteries. Apple (AAPL.US) has adopted AI technologies from Alibaba-W (09988.HK) and Baidu-SW (09888.HK) in China, while Ford (F.US) utilizes battery technology from CATL. Volkswagen is collaborating with XPeng-W (09868.HK) to develop smart electric vehicles in China, and Stellantis (STLA.US) is expanding its partnership with Leapmotor (09863.

AASTOCKSAug 14 08:52

UBS Remains a Hold on Zhejiang Leapmotor Technology Co., Ltd. Class H (9863)

TipRanksAug 13 16:26 · Ratings

Global electric vehicle sales rose 9% in July, while sales in China declined 5%.

Data from Benchmark Mineral Intelligence shows that global electric vehicle (EV) demand rose for the fifth consecutive month in July, driven by strong growth in Europe. Sales of battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) increased by 9% year-on-year to 1.85 million units, bringing cumulative sales for the year to 11.5 million. Supported by subsidies, European sales surged 33% to 450,000 units, with EV sales in France, Germany, and the UK rising by 81%, 46%, and 43%, respectively, in July. Meanwhile, sales in China fell 5% to 980,000 units, as the expiration of U.S. EV tax credits led to

AASTOCKSAug 13 11:25