Group 1 - Xiaomi's YU7 will make its debut at the Guangdong-Hong Kong-Macao Greater Bay Area Auto Show, which will take place from May 31 to June 8, 2025, at the Shenzhen International Convention and Exhibition Center [1] - HiPhi's Yueda Kia factory in Yancheng plans to complete a technological upgrade by October 2025, with a total investment of 17.96 million yuan, aiming for a production capacity of 150,000 vehicles annually [1] - Faraday Future has officially received its factory and operations center in Ras Al Khaimah, UAE, which will support the production of FF and FX models [1] Group 2 - Nissan anticipates an additional restructuring cost of approximately 418 million USD due to a planned layoff of 20,000 employees, following a net loss of about 4.5 billion USD in the previous fiscal year [1]