Geely EX5 Enters Nepalese Market, Competing with Proton eMas 7
2025/08/06
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Paul Tan
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Honda and Toyota Collaborate to Counter US Tariffs, Accelerating Japanese Automakers' Supply Chain Restructuring
Honda plans to source around 400,000 hybrid vehicle batteries from Toyota’s North Carolina plant to circumvent tariffs imposed by US President Donald Trump. Toyota’s $14 billion factory, its first battery plant outside Japan, will begin production next month. This move is part of a broader trend among Japanese automakers to restructure supply chains in response to US tariffs. Demand for efficient hybrids is rising in the US, while President Trump plans to scrap his predecessor’s initiative to promote electric vehicles. By 2030, hybrid vehicle sales in the US are projected to double last year’s figure to 4.12 million units, accounting for a quarter of new car sales. Honda aims to sell 1.3 million hybrids globally (excluding China) by 2030, a 50% increase from last year. However, Trump’s trade policies pose challenges, with a 20% tariff on Chinese imports and plans to raise tariffs on Japanese car imports from 2.5% to 25%. Japan exports 1.3 million cars to the US annually, and the tariff hike is expected to cost Japan’s six major automakers approximately $20 billion.
Tesla Model Y Refresh Launched with New Features and Pricing
Tesla has launched the refreshed Model Y with two configurations: the Rear-Wheel Drive Launch Edition priced at 263,500 RMB and the Long Range All-Wheel-Drive Launch Edition at 303,500 RMB. The refreshed Model Y features significant updates in design, interior, rear seating, range, and suspension. The exterior includes a new front end with split headlights and a full-width taillight bar, reducing the drag coefficient to 0.22 for improved range. The interior offers two color options with increased Alcantara coverage and a 15-inch central touchscreen powered by an AMD Ryzen chip. The vehicle also introduces a new Glacier Blue color option.
Geely Galaxy A7 Set to Launch on August 8th, Priced at 97,800-133,800 Yuan
Geely Galaxy A7 is set to launch on August 8th, with a pre-sale price range of 97,800-133,800 yuan. Positioned as a mid-size sedan with a wheelbase of 2,845 mm, it offers two electric ranges: 70 km and 150 km. The Galaxy A7 aims to challenge BYD Qin L DM-i, which is priced between 99,800 and 153,800 yuan. The Galaxy A7's official price is expected to be lower than the pre-sale price, with an estimated range of 86,800-122,800 yuan, and an early bird price potentially starting at 81,800 yuan.
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SAIC Audi E5 Sportback Pre-sales Begin August 18, Dual-Motor 579 kW
SAIC Audi will open pre-sales for the E5 Sportback on August 18. The all-electric fastback, 4881 mm long with a 2950 mm wheelbase, debuts the “Stellar Flow” design and liftback tailgate. Inside, Snapdragon 8295 powers AUDI OS and Momenta EBM AD; dual-motor quattro delivers 579 kW.
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Wuling Bingsuo S Official Teasers Released, Miniature Electric SUV Set to Launch
Wuling has released official teasers of its new electric compact SUV, Bingsuo S. The vehicle features a sleek design with wing-like LED headlights and a pulsar ring tail light. It measures 4265/1785/1600mm in length, width and height with a 2610mm wheelbase. Equipped with a single motor of 75kW power and a phosphate iron lithium battery pack, the Bingsuo S is set to hit the market in Q3.
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MG4 Pre-Sales Launched at 73,800-105,800 Yuan, MG's First Strategic Pure-Electric Model with High Cost-Performance Ratio
On August 5th, MG4 started pre-sales with a price range of 73,800-105,800 yuan. As MG's first strategic pure-electric model, MG4 excels in space utilization, safety, and intelligent features. With a wheelbase of 2750mm and a flat rear floor, it maximizes interior space. The exterior is rounded and vibrant, offering 6 exterior colors and 2 interior colors. The smart cockpit features a Qualcomm Snapdragon 8155 chip and supports OPPO Smart Link hand-car interconnection. It includes 360° sun protection, a 98L magic trunk, and 14 active safety features. The maximum range is 530km, and it is the first to use a semi-solid-state battery, which offers superior low-temperature performance and safety. The official pricing will be announced in September, with the semi-solid-state battery version set for delivery by the end of the year.