Smart Cars
China EV Boom Sends Ferrari 2027 Allocation Sold Out, Luce Leads the Charge
July 31, 2026 – Ferrari’s entire 2027 production allocation has been fully reserved by global customers, meaning regular buyers placing custom orders today will not take delivery of their new vehicles until no earlier than 2028, stretching the waiting period to over two years. The Italian supercar marque attributes this overwhelming order influx to steady,…
Spy Shots Drop: Harmony Intelligent Mobility Luxeed RX Hits Public Roads After Millions of Kilometers of Validation
July 31, 2026 – Recent social media leaks from automotive content creators have pulled back the curtain on road-testing prototypes of the Harmony Intelligent Mobility Alliance’s all-new Luxeed RX, a bold coupe-SUV that marks a major naming departure for Huawei’s premium EV lineup. The blogger behind the shared shots noted that millions of kilometers of…
Volvo Abandons Lidar for EX90/ES90 Flagships Entirely — Musk’s “I Told You So” Moment Goes Viral
July 31, 2026 – Volvo Cars has officially pulled the plug on all lidar-powered advanced driver assistance features for its flagship EX90 and ES90 electric models, scrapping years of planned high-end autonomous driving capabilities that were once positioned as a cornerstone of the brand’s next-generation safety architecture. The unexpected move sent ripples across the global…
Leapmotor Chairman Zhu Jiangming: Our Financial Health Outperforms Many Top EV Players – No Paid Trolls, No Underhanded Tactics
July 31, 2026 – The full-length in-depth conversation video between Luo Yonghao and Zhu Jiangming, Chairman of Leapmotor, has officially premiered on the talk show Luo Yonghao’s Crossroads. The discussion spans a decade of EV-building journeys, automakers’ financial health, cutthroat industry competition, full-stack R&D strategies, and the ongoing new-energy vehicle shakeout trajectory. During the dialogue,…
Elon Musk Denies Reports That Tesla Is Considering Selling or Spinning Off Its China Business
July 31, 2026 – Rumors suggesting that Tesla could divest or spin off its China operations have been firmly rejected by CEO Elon Musk, who described the claims as entirely false shortly after they gained traction across financial markets. The speculation, first reported by The Wall Street Journal citing people familiar with the matter, alleged…
BYD’s Electric K-Car Racco Surpasses 5,000 Pre-Orders in First Week, Signaling Strong Japan Market Demand
July 31, 2026 – BYD’s Electric K-Car “Racco” Secures Over 5,000 Orders in First Week After Pre-Sale Launch BYD’s first Japan-focused electric K-Car, the Seagull-inspired “Racco,” has gained strong early momentum, collecting more than 5,000 locked-in deposits within its first week of opening for pre-orders. The compact EV had already attracted significant attention before its…
Xiaomi Delivers Over 700,000 SU7 and YU7 Vehicles, Unveils Kunlun Technology Architecture After 3.5 Years of Development
July 31, 2026 – Xiaomi Unveils New Pengcheng Technology Platform, Lei Jun Highlights Next Phase of Smart EV Development Xiaomi has officially hosted its Pengcheng Technology Conference, where CEO Lei Jun opened the event by revisiting the company’s first automotive technology presentation and outlining the journey of Xiaomi’s electric vehicle ambitions. At Xiaomi’s inaugural EV…
Lei Jun Stands Next to 1.96m Xiaomi Employee, Admits He Feels the Pressure
July 31, 2026 – Xiaomi’s latest electric vehicle project has highlighted a new approach to large-family mobility, with the company showcasing the impressive interior flexibility of its upcoming Pengcheng N90 Max model at a launch event. During the presentation, seven members of Xiaomi’s Pengcheng development team stepped out of the N90 Max, with the tallest…
Xiaomi CEO Lei Jun Highlights Supplier Quality Behind New Kunlun Vehicle Architecture
July 31, 2026 – Xiaomi has officially expanded its automotive ambitions with the unveiling of two new extended-range SUVs at its Pengcheng Technology Launch Event on July 30. During the presentation, CEO Lei Jun introduced the company’s newly developed Kunlun Technology Architecture, a vehicle platform engineered over the past three years to support Xiaomi’s next…
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…