New Car Launches - Leapmotor C16 officially launched with 8 models priced between 151,800 to 181,800 yuan, featuring upgrades in comfort, range, intelligence, and design [1][3] - The new C16 includes a 5-seat version, with an extended range version equipped with a 38.7 kWh battery, offering a pure electric range of 280 km and a comprehensive CLTC range of 1,150 km [1][3] - The new model's pure electric version has a range increase to 630 km, positioning it against competitors like BYD Tang and GAC Trumpchi [3] - The IM LS7 facelift launched at a price of 329,900 yuan, featuring design and interior upgrades, standard 800V high-voltage platform, and a new rear-wheel steering system [4][6] - The new Buick E5 launched with three models priced between 169,900 to 189,900 yuan, featuring 47 improvements over the previous model [10][12] - The E5 is powered by the Ultium 2.0 platform, with a maximum power of 180 kW and a range of up to 620 km [12] - Chery Arrizo 8 PRO 2.0T launched with a price range of 137,900 to 149,900 yuan, featuring a 2.0T turbocharged engine with a 0-100 km/h acceleration time of 6.8 seconds [15][17] Industry Events - Huawei's charging network has reached 1,000 supercharging stations across 32 provinces and 278 cities, with a charging efficiency of "one second per kilometer" [25][28] - Li Auto's 5C supercharging stations have reached 2,500, surpassing Tesla's charging station count in China [31][34] - Xiaomi acquired a land parcel for approximately 635 million yuan, speculated to be for its third-phase automotive factory project [35][37] - Polestar announced a $200 million equity investment from PSD Investment Limited, controlled by Geely's founder Li Shufu, to support operations and product development [39][41] - Domestic fuel prices have been raised, with 92-octane gasoline returning to the 7 yuan per liter mark, reflecting ongoing energy cost fluctuations [44][46] Market Dynamics - The automotive market is experiencing intensified competition with price wars and technological advancements, particularly in electric and intelligent vehicles [48] - The construction of charging networks is becoming a critical battleground for automakers, emphasizing the importance of charging speed and convenience [30][48]