Toyota’s Global Sales Fall for the First Time in Two Years as China Weakness Weighs Heavily
July 30, 2026 – Toyota Motor reported a weaker first half of 2026, with both global vehicle sales and production declining year over year for the first time in two years, highlighting mounting pressure in the world’s largest auto market despite resilient demand elsewhere. According to figures released by the Japanese automaker on Thursday and…
Shen Fei Says Pure-Electric Vehicles Have Entered Their Defining Growth Phase
July 30, 2026 – NIO executive Shen Fei has reiterated his confidence in the future of the pure-electric SUV market, arguing that the industry’s momentum over the past year has confirmed an earlier prediction that battery-electric three-row SUVs are entering a new phase of growth. Speaking as the first anniversary of the Onvo L90 approaches,…
ByteDance Unveils Major AI Organizational Overhaul: Feishu, Doubao and Volcano Engine Teams Consolidate
July 30, 2026 – ByteDance has unveiled a sweeping organizational overhaul centered on its AI business, a strategic move to deepen synergy across its Feishu, Doubao and Volcano Engine divisions in enterprise productivity scenarios. Under the restructuring plan, the Feishu product team will be fully integrated into the existing Doubao product line to form a…
1344% Year-Over-Year Jump: Samsung’s Q2 Results Lay Bare the Semiconductor Profit Frenzy
July 30, 2026 –South Korean tech giant Samsung Electronics has unveiled its blockbuster Q2 2026 earnings report, covering the April-June period, delivering a set of numbers that lay bare the unprecedented profitability boom sweeping the global memory chip sector. The firm posted consolidated revenue of 171.5 trillion won for the quarter, marking a 130% year-over-year…
BMW Unveils 8,000 Global Job Cuts Amid China Market Slump, CEO Vows Faster Cost-Cutting Push
July 30, 2026 – BMW has rolled out a mutually agreed voluntary redundancy scheme in partnership with its works council, aiming to cut thousands of roles across Germany by the close of 2027, the luxury automaker confirmed in an official statement this week. A company spokesperson clarified that the targeted severance framework exclusively covers administrative…
XPeng Marks 6 Years of Global Expansion: Overseas Sales Surpass 100,000 Units Across 65 Markets
July 30, 2026 –XPeng Inc., the Chinese AI-driven mobility tech firm, has hit two major global milestones this week, as Chairman and CEO He Xiaopeng announced the brand’s six-year overseas sales have crossed 100,000 units, with a market footprint now spanning 65 countries and regions. The company first launched its international expansion in Norway back…
“EREV Is No Dead End”: Lei Jun Explains Why Xiaomi’s SkyNomad SUV Arrives Right On Time
July 29, 2026 –Lei Jun, founder of Xiaomi Group, took to social media on Wednesday to publish a detailed long post, directly addressing two widely discussed questions surrounding the brand’s upcoming SkyNomad series: why Xiaomi chose the extended-range electric (EREV) path, and whether the company is entering the market too late. In his statement, Lei…
Momenta Makes History: First Chinese Firm to Secure Germany’s Nationwide L4 Autonomous Driving Test Permit
July 29, 2026 – Chinese autonomous driving firm Momenta has secured a landmark nationwide L4 urban road testing permit from Germany’s Federal Motor Transport Authority (KBA), marking the first time a Chinese enterprise has obtained full-country L4 testing authorization across Germany’s city networks. Unlike the previous fragmented city-by-city approval process that slowed testing rollouts for…
Jia Yueting’s FF: Robotics Orders Surge 10x+ as Business Prepares for Spin-Off and Independent Financing
July 21, 2026 – Faraday Future (FF), led by Jia Yueting, has released the latest updates on its robotics business, showcasing remarkable progress in commercialization driven by eye-catching order data across multiple business lines. The company’s strategic shift toward physical AI robotics is gaining significant traction, with breakthroughs in data cooperation, education sector deployment, and…
“Xingyun Smart Driving” On Board: VW and Xpeng’s Co-Created ID.Unyx 09 Lines Up H2 Launch with Flagship Intelligent Specs
July 13, 2026 – Volkswagen Passenger Cars China CEO Zecai Qi officially kicked off the pre-launch campaign for the all-new ID.Unyx 09 on July 10, confirming that the premium all-electric fastback sedan will hit the Chinese market in the second half of 2026. Developed in a tight 24-month joint R&D cycle between Volkswagen and Xpeng,…
