Detail

The new BYD Seal 07 DM-i has been unveiled, featuring an optimized front face with a closed design and enlarged front bumper air intake. The LED light strip under the headlights has been removed, and the headlights have a more streamlined design. The car is also equipped with a LiDAR system for urban driving assistance. The side and rear profiles remain unchanged from the current model, with the car length increased by 15mm and width by 5mm.

Arcfox T1 has started blind orders, with display vehicles arriving at over 500 stores in 214 cities nationwide. The pre-sales launch event will be held at 19:30 on August 22. The vehicle features the ARC-FLOW concept design language, with a rounded body and a narrow-top, wide-bottom rear design. The distinctive taillights and spoiler add a sporty touch. The interior is equipped with a 15.6-inch infotainment screen, an 8.8-inch LCD instrument cluster, 540° panoramic imaging, and other features. The rear seats can be fully reclined to increase storage space, meeting consumer demands.

On August 17, the Audi E5 Sportback, a new mid-size model from SAIC Volkswagen Audi, officially began pre-sales with four configurations priced from 235,900 to 319,900 RMB. The vehicle, built on a smart digital platform, features a dynamic and stylish design inspired by Audi’s design essence. It is equipped with a laser radar and 27 perception hardware units, supported by the NVIDIA Orin-X chip for various driving scenarios. The brand also offers five exclusive early-bird benefits, including panoramic driving enjoyment and digital renewal packages.

On 24 Jul, BYD launched the Sea Lion 06 mid-size SUV: DM-i at RMB 139.8–156.8 k, EV at RMB 143.8–163.8 k. DM-i offers 3.5 L/100 km WLTC and 1,670 km range via 5th-gen DM tech; EV delivers 520/605 km CLTC and 18-min 10–80 % charge on e-Platform 3.0 Evo. All trims feature DiPilot 100 ADAS, 100+ luxury items and TSC blow-out stability control.

Malaysia's Second Minister of Finance, Amir Khan, announced that a targeted RON95 gasoline subsidy will be implemented in the second half of 2025. The plan will use the Malaysian card (MyKad) system combined with a dual-pricing mechanism, with subsidized and market prices. The subsidy will be distributed via the MyKad system, allowing eligible individuals to enjoy discounted prices at gas stations. Currently, the MyKad system is used to distribute the SARA basic assistance fund to 5.4 million people. The government is still finalizing the details of the subsidy implementation.

CATL expects its revenue in 2024 to be between 356 billion and 366 billion yuan, representing a year - on - year decrease of 11.2% to 8.71%; net profit is expected to be about 49 billion to 53 billion yuan, a year - on - year increase of 11.1% to 20.1%. The company has announced a special dividend plan for 2024, with a cash dividend of 12.3 yuan per 10 shares, totaling 5.397 billion yuan. Co - chairman Pan Jian revealed at the Davos Forum that CATL announced the establishment of a joint power battery factory with Stellantis in Spain last December, and more joint factory projects in Europe are expected to be announced this year. At present, CATL has laid out three battery factories in Europe, located in Germany, Hungary and Spain respectively.