RECENT HEADLINES aug 6th
Xiaomi Auto announces: July deliveries surpass 10,000 Units
Today, Xiaomi Auto announced that the delivery volume of the Xiaomi SU7 exceeded 10,000 units in July 2024, with the August delivery volume expected to continue surpassing 10,000 units. The company aims to complete its annual delivery target of 100,000 units ahead of schedule in November. From the provided bar chart, July's sales are expected to be better than June, where Xiaomi SU7's sales exceeded 14,000 units, indicating that July's sales might exceed 15,000 units.
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Year-over-year growth of 30.5%, BYD sells 342,383 vehicles in July
BYD recently announced its July sales figures, with a total of 342,383 vehicles sold, including 340,799 passenger cars, marking a year-over-year increase of 30.5%. In July, exports totaled 30,014 vehicles, a 65.2% increase compared to last year. Specifically, the sales of BYD Dynasty and Ocean Net models summed up to 328,178 vehicles, up by 31.3% year-over-year.
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Momentum continues, with Deepal delivering 16,721 vehicles in July
Year-over-year increase of 54.1%, Leapmotor announces July delivery figures
Kia announces Q2 2024 financial results, with operating profits around 27.57 trillion Korean Won
Kia recently announced its Q2 2024 financial results. Kia's global sales in the second quarter totaled 795,183 vehicles, a 1.6% decrease year-over-year. However, quarterly revenue reached 27.57 trillion Korean Won, up 5% year-over-year, with operating profit increasing to 3.64 trillion Won, up 7.1% year-over-year, resulting in an operating profit margin of 13.2%.
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Li Auto delivers 51,000 vehicles in July, setting a new monthly record
Li Auto recently published its July 2024 delivery data, delivering 51,000 new vehicles in July, setting a new monthly record and representing a 49.4% year-over-year increase. From January to July 2024, Li Auto delivered a total of 239,981 vehicles. As of July 31, 2024, Li Auto has cumulatively delivered 873,345 vehicles, ranking first in total deliveries among China's new energy brands.
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NIO delivers 20,498 new vehicles in July, marking three consecutive months of deliveries exceeding 20,000
NIO recently announced its latest sales data. In July 2024, NIO delivered 20,498 new vehicles, marking the third consecutive month of deliveries exceeding 20,000 units. From January to July this year, NIO delivered a total of 107,924 vehicles, a 43.85% increase year-over-year. To date, NIO has cumulatively delivered 557,518 vehicles.
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The world's fourth-largest automotive group begins layoffs: dismissing over 1,200 engineers
Recently, Stellantis revealed in a letter to employees that the company is considering cutting over 1,200 engineering positions in Europe and the US, and plans to offer a new round of voluntary buyouts to paid employees in the US to cope with declining profits and challenges brought by the transition to electrification.
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XPeng AEROHT secures $150 million in Series B1 financing
Today, XPeng AEROHT announced that it has secured $150 million in Series B1 financing and has also initiated Series B2 financing. XPeng AEROHT is set to build the world’s first large-scale production low altitude mobility factory utilizing modern assembly lines in Guangzhou Development Zone, initially producing the flying part of the split flying car "Land Carrier."
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