Xiaomi Reports Strong Q2 2025 Financial Results, Driven by Robust Growth in Electric Vehicle and AI Sectors

Chinese technology giant Xiaomi has announced impressive financial results for the second quarter of 2025, demonstrating significant growth across its business segments, particularly in the electric vehicle and artificial intelligence sectors.

The company reported total revenue of 116 billion yuan (approximately US$16.11 billion), representing a substantial 30.5% year-on-year increase. Net profit showed even more dramatic growth, reaching 10.8 billion yuan (US$1.5 billion) with a remarkable 75.4% increase compared to the same period last year.

Electric Vehicle Business Performance

Xiaomi's smart electric vehicle division has emerged as a major growth driver, generating 20.6 billion yuan (US$2.86 billion) in revenue during the quarter. The company achieved approximately 81,000 vehicle deliveries in Q2 2025, representing an extraordinary 197.7% year-on-year increase. By July 2025,

Dongfeng Honda Faces Significant Sales Decline Starting from Second Half of 2025

Dongfeng Honda, one of China's major joint-venture automakers, has experienced a sharp downturn in sales since the latter half of 2025. In July 2025, none of its models achieved a monthly sales volume exceeding 10,000 units. The CR-V, its best-selling model, recorded sales of only 9,873 vehicles, accounting for nearly half of the brand's total sales. Meanwhile, the Civic, once a segment leader, sold merely around 3,000 units. Sales of its main models dropped by 74% year-on-year and 60% month-on-month, placing Dongfeng Honda at the bottom among mainstream joint-venture brands in China.

Civic Sales Plunge Compared to Competing Models

The Honda Civic saw sales of approximately 3,000 units in July 2025, representing an 88% decline compared to the same period in 2024. Sales have drastically fallen from nearly 20,000 units per month at the beginning of the year to around 3,000 units. Cumulative sales for the year

Tesla Officially Launches Model Y L in China: A Spacious Six-Seat SUV with Extended Range

Tesla has officially introduced the Model Y L, a new six-seat SUV variant with a longer wheelbase and expanded cabin, on its China website as of August 19, 2025. The vehicle is priced starting at 339,000 yuan (approximately US$46,759), with initial deliveries scheduled to begin in September 2025. This model is designed to cater to families and long-distance travelers, offering enhanced space, comfort, and safety features.

Key Specifications and Features

The Model Y L stands out with several significant upgrades over the standard Model Y. It is 179 mm longer in length and features a 150 mm longer wheelbase, providing ample room for passengers, particularly in the third row. With a CLTC-rated range of 751 km, it ranks among the top in its class for electric SUVs, while maintaining an energy consumption rate of 12.8 kWh per 100 km. Weighing 2,088 kg, it is relatively lightweight for a large three-row

All-New XPENG P7 Wing Edition: The Ultimate Electric Sport Sedan with Scissor Doors

Key Highlights

• Scissor doors & matte silver paint for head-turning exclusivity
• Dual-motor AWD delivers 586 hp (437 kW) and 0-100 km/h in 3.7 seconds
• Industry-leading 800V SiC platform charges 525 km in 10 minutes
• Over 10,000 pre-orders secured within 6 minutes of launch

Exclusive Design

The P7 Wing Edition stands out with its aerodynamic scissor doors and premium finishes including:

• Matte silver exterior paint (exclusive to this model)
• Seamless light-bar DRLs with matrix LED headlights
• 21-inch forged gunmetal wheels
• Flush-illuminated XPENG logo

Performance & Range

Cutting-Edge Technology

• 87-inch panoramic AR-HUD
• Tri-axis floating central display
• 9-inch digital rearview mirror
• Xmart OS 4.0 with OTA updates
• Touch Pad smart

Dongfeng Motor Seals Major 9,000-Vehicle Annual Deal in Italy, Accelerating European Expansion

Key Highlights

• Annual Order: 9,000 vehicles for Italy, featuring flagship models Mage, Huge, and Shine

• Market Growth: Chinese car sales in Europe surged 91% YoY in early 2025

• Dealer Network: 20 Italian dealerships signed, targeting 40+ by end-2025

• EU Compliance: Core models now certified for European standards

Strategic Push into Europe

Dongfeng Motor has secured a landmark agreement with an Italian partner, marking one of the largest single orders for Chinese automakers in Europe. The deal underscores Dongfeng's strategic focus on the region, where its Mage, Huge, and Shine models will spearhead market penetration.

Localized Market Approach

Dealer Network: Dongfeng has already established 20 dealerships across Italy, with plans to double this number by December 2025. This ensures nationwide sales and service coverage for customers.

Consumer Engagement: The company is running high-impact

BYD Overtakes Tesla in European EV Market: Key Insights and Data (July 2025)

Market Dominance: BYD Surpasses Tesla Across Europe

In a historic shift, BYD sold 11,123 EVs across 14 European countries in July 2025, dwarfing Tesla's 6,253 units. This marks a pivotal moment in the region’s automotive landscape, with BYD’s growth outpacing Tesla in major markets:

Sales Breakdown by Country (April 2025)

Note: Tesla maintains strength in Nordic markets (e.g., Norway: 2,600 units), but BYD leads in Western/Southern Europe.

Why BYD is Winning Europe

1. Strategic Product Lineup

• Seagull (Haiou): 3,990mm length, L2 ADAS, and heat pump standard – ideal for narrow European streets.
• ATTO 3 (Yuan PLUS): Priced 18% below Renault Zoe with superior tech.
• Seal (Haibao): Euro NCAP 5-star, outperforms Porsche Taycan in torsional rigidity.

iCAR V27: China's New Hardcore SUV with Extended-Range Power Hits Global Market

Key Specifications & Pricing

The iCAR V27, a mid-to-large hardcore SUV from China's iCAR brand, combines rugged "boxy" styling with extended-range technology. Measuring over 5 meters long and nearly 2 meters wide/tall, this model is set to launch in Q4 2025 with an estimated price range of 27,000-34,000 USD (equivalent to 200,000-250,000 CNY at current exchange rates).

Core Highlights

Positioning & Dimensions

Positioned as a hardcore mid-large SUV, the V27 rivals premium models like the Mercedes G-Class in size while offering more affordable pricing. Its generous interior space accommodates both urban and adventure needs.

Powertrain Performance

Equipped with a 1.5T extended-range system, the V27 offers:

• 449 HP (335 kW) combined output in 4WD version
• 200 km CLTC pure-electric range - sufficient for daily commutes
• 45L fuel tank enabling 1,000 km total range
• Both RWD and 4WD configurations available

Design &

BYD Seal 06 DM-i Updated Model: Enhanced 140km Pure-Electric Range Now Available

The latest BYD Seal 06 DM-i variant maintains its exterior design and powertrain but achieves 100km and 140km pure-electric range (CLTC), surpassing the current model's 93km/130km. As of August 2025, the official price ranges from ¥139,800 to ¥156,800 (approx. $19,417-$21,778).

Key Specifications & Highlights

• Powertrain: 1.5L PHEV system (74kW engine + 160kW motor) with 5th-gen DM technology, paired with 18.3kWh/26.6kWh LFP batteries.
• Dimensions: 4,810mm × 1,920mm × 1,675mm (mid-size SUV), 2,820mm wheelbase.
• Energy Efficiency: 4.6L/4.7L fuel consumption (hybrid mode).
• Exterior: Split headlights, active grille, hidden rear wiper, and signature light bars.
• ADAS: Standard "Eye of God-C" system with 29 sensors (5 radars + triple-front cameras).
• Interior: 10.25" digital cluster, 15.6" rotating DiLink screen, HUD, optional fridge.

Competitor Comparison

China Auto Market Report: July 2025 Shows Stabilized Growth Amid Seasonal Slowdown

Market Overview

The Chinese passenger vehicle market demonstrated relative stability with slowing growth in July 2025, according to industry data. Nationwide retail sales of narrow-body passenger vehicles reached approximately 1.826-1.837 million units, representing a 6.3%-6.9% year-over-year increase but an 11.9%-12.4% month-over-month decline.

July traditionally marks the off-season for auto sales in China, compounded by annual maintenance shutdowns and summer holidays at several manufacturers. Notably, the market saw reduced promotional activities and price wars, with only 17 models announcing price cuts - significantly fewer than previous periods.

Top-Performing Models & Trends

Audi S4 Chassis: The Engineering Behind Its Precision Performance

Core Chassis Architecture

The Audi S4 establishes its dynamic foundation through an exceptional combination of five-link front and rear independent suspension, extensive use of lightweight aluminum components, and the legendary quattro all-wheel drive system with mechanical center differential. This creates a rare balance of precision and performance in its class.

Platform and Layout

Built on Volkswagen Group's MLB evo longitudinal engine platform, the S4 features:

• Front-engine, all-wheel-drive configuration for optimal weight distribution
• Lower ride height compared to standard A4/A4L models
• More aggressive suspension tuning and AWD calibration

Suspension System Highlights

The five-link independent suspension provides:

• Superior wheel trajectory control during cornering and braking
• Optimized camber management for enhanced grip
• Precise steering feedback and reduced body roll

Lightweight Construction

Audi engineers implemented