Xin Lang Cai Jing·2025-08-08 00:42Group 1: Automotive Events and Initiatives - The 28th Chengdu International Auto Show will be held from August 29 to September 7, with new car purchase subsidies available in Jinjiang and Chenghua districts, offering up to 4,500 yuan and 6,500 yuan respectively for eligible buyers [1] - Wuhan Economic Development Zone plans to launch 20 new energy vehicles by the end of the year, providing more options for consumers [2] - Audi's first strategic electric model, the E5 Sportback, will begin pre-sales on August 18, featuring advanced technology tailored for Chinese users [2] Group 2: Company Performance and Developments - Li Auto has received a patent for a new crash beam design that reduces vehicle weight and cost while enhancing safety features [3] - Honda's terminal vehicle sales in China for July 2025 were 44,817 units, a year-on-year decrease of 14.75%, with cumulative sales for the first seven months at 359,969 units [3] - Seres reported July 2025 new energy vehicle sales of 44,581 units, a year-on-year increase of 5.7%, while cumulative sales for the year were down 10.87% [3] Group 3: Market and Regulatory Updates - Evergrande Auto announced it failed to meet the Hong Kong Stock Exchange listing requirements and will remain suspended until compliance is achieved by September 30, 2026 [4] - Tesla has established over 70,000 supercharging stations globally, with more than 11,700 in China [5] - Toyota plans to acquire land in Aichi Prefecture, Japan, for a new manufacturing plant expected to be operational in the early 2030s [6] Group 4: Collaborations and Supply Agreements - Hyundai and General Motors announced plans for five jointly developed models, targeting a combined annual sales of over 800,000 units once fully operational [6] - General Motors signed a multi-year supply agreement with Noveon Magnetics for rare earth magnets for various automotive components [6] Group 5: Economic Impact and Profit Forecasts - Japanese automakers, including Toyota and Honda, anticipate a combined operating profit reduction of approximately 2.67 trillion yen (about 130.2 billion yuan) in the 2025 fiscal year due to U.S. tariffs [6]