Group 1 - The Chinese government is providing subsidies for electric vehicles, with the highest subsidy in Hubei province exceeding 22,000 yuan, aimed at boosting automotive consumption and promoting green and intelligent transformation in the market [1] - Changan Automobile's chairman visited Huawei's CEO to discuss industry competition and received targeted advice on supporting Changan and Avita brands [1] - Ledo Automobile confirmed that the L90 model will not have a version with a buyout option for a 60 kWh battery, but is considering a rental option due to customer demand [1] - The overseas version of the IM6 model from Zhiji Automobile has been launched in Nepal, priced at approximately 385,000 yuan, with deliveries expected to start by the end of August 2025 [1] Group 2 - Jaguar Land Rover reported a 49.4% decrease in pre-tax profit to £351 million for the first quarter of the 2026 fiscal year, with revenue down 9.2% to £6.6 billion, impacted by U.S. tariffs and the discontinuation of traditional Jaguar models [2] - In July, U.S. electric vehicle sales reached a record high of 9.1% of total vehicle sales, driven by consumers rushing to purchase before the end of tax credits on September 30, with used electric vehicle sales also hitting a new monthly high [2] - The South Korean government is urging the U.S. to quickly determine the timeline for reducing automotive tariffs to alleviate concerns in the Korean automotive industry [2] Group 3 - The Indian government has extended its $1.2 billion electric vehicle subsidy plan for two more years until March 2028, aiming to accelerate EV adoption and strengthen the manufacturing ecosystem [3]

Group 1 - Tesla has received a ride-hailing license in Texas, paving the way for its Robotaxi operations under new state regulations effective September 1 [2] - Geely has officially launched the Galaxy A7, starting at a price of 81,800 yuan, featuring multiple variants and advanced technology [2] - The overseas version of the IM6, the Zhiji LS6, has been launched in Nepal, priced at 7,499,000 Nepalese Rupees (approximately 385,000 yuan) [2] Group 2 - Jaguar Land Rover reported a global revenue of £6.6 billion for Q1 of the 2026 fiscal year, a 9% decrease year-on-year, with a pre-tax profit of £351 million, down 49% [2]