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Elon Musk's FSD Update, Uber Ties Up With Tesla Rival, Lucid Readying For Gravity Launch And More: Biggest EV Stories Of The Week
Chinese Electric Vehicle Makers Continue to Improve Their Delivery Tallies in July
Tesla's (TSLA.US) sales in China soared by 15.3% in July, reversing the downturn.
Tesla's auto deliveries in the China market saw significant growth in July, a 15.3% year-on-year increase that successfully reversed the previous downward trend.
Tesla's China Comeback: July Sales Surge 15% Year-On-Year Despite Overall NEV Market Dip
[Brokerage Focus] Huaxin Securities is expected to gradually enter the luxury car market monopolized by foreign brands with its own brand.
Jingu Financial News | Huaxin Securities stated that the trend of consumption upgrade in the domestic passenger vehicle market is evident. Domestic brands quickly capture high-end market share opportunities through electrification and intelligent development. The bank pointed out that traditional consumers' perception of luxury brands mainly focuses on market recognition, brand experience, and historical heritage, while the new generation of consumers value market recognition and brand experience, but also greatly value approval from advanced technology. With the changes in cognition and measurement of luxury brands by the new generation of users, domestic brands are expected to seize opportunities, using increasingly mature designs, technologies, major components, and cost advantages that traditional luxury brands cannot match, exceeding expectations.
Li Auto Likely Faced a Challenging 2Q With Margins Weighed by Lower Prices -- Market Talk
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