Core Viewpoint - Suzuki's first electric vehicle (EV), the "e Vitara," is set to launch in January 2026, aiming to strengthen its position in the EV market as a latecomer [2][4]. Group 1: Product Details - The "e Vitara" is a small SUV available in two-wheel drive (2WD) and four-wheel drive (4WD) configurations [2]. - The starting price for the lowest 2WD model is approximately 3.9 million yen (around 188,000 RMB), with an expected range of over 400 kilometers under the WLTC mode [4]. - The "e Vitara" will become Suzuki's highest-priced model in its lineup [4]. Group 2: Market Context - The Japanese government offers subsidies for EV purchases, which will further reduce the effective price. The average subsidy for domestically produced EVs in Japan is about 810,000 yen (approximately 39,000 RMB) [4]. - In Suzuki's domestic sales for the fiscal year 2024, light vehicles (a unique category in Japan for vehicles with engine displacements under 660cc) account for 81% of total sales, although non-light vehicle sales are also increasing [4]. Group 3: Sales Performance - The small passenger car "SOLIO" and the SUV "Fronx" are expected to drive sales growth in the fiscal year 2025 [5]. - The "SWIFT" series of small passenger cars achieved a global cumulative sales milestone of over 10 million units, marking the first time a non-light vehicle from Suzuki has reached this significant figure [5].

Domestic News - The new national standard for electric vehicle battery swapping, GB/T 32879-2025, has been approved and will be implemented on January 1, 2026, focusing on compatibility and interchangeability in the battery swapping sector [2] - In June 2025, China's production of power batteries reached 129.2 GWh, a month-on-month increase of 4.6% and a year-on-year increase of 51.4%. Cumulative production for the first half of the year was 697.3 GWh, up 60.4% year-on-year [3] - The Shanghai Fengxian District government has launched an action plan to develop high-performance carbon fibers and inorganic fibers, aiming to attract high-end manufacturing enterprises in various sectors [5] - Xiaopeng Motors has initiated a full OTA update for its AI Tianji system, introducing features like human-machine co-driving and custom parking, enhancing driving experience and safety [6] - Renault Group has signed a partnership agreement with CICC Private Equity to establish a new energy vehicle industry fund, focusing on investment opportunities in battery technology and intelligent driving [7] - NIO has upgraded its charging and battery swapping network, having invested over 18 billion RMB in the past decade, establishing the largest battery swapping network globally [9] - Hongmeng Zhixing reported that its intelligent driving system has achieved 2 million avoidance actions in the first half of 2025, with a total driving distance of 1.67 billion kilometers [10] - Xinwanda plans to launch its first-generation all-solid-state battery product in 2026, followed by a second generation in 2027 [11] International News - In June 2025, the inventory of new cars in the U.S. decreased to 2.65 million units, down from 2.79 million in May, with a turnover period of 65 days [12] - Suzuki plans to launch its first mass-produced electric vehicle, the e Vitara, in Japan during the 2025 fiscal year, produced in India [14] - BMW is developing a new battery quality assurance system aimed at achieving "zero defects" in its Neue Klasse electric vehicle series, with the first model expected to debut later this year [15] - Tesla plans to expand its autonomous taxi service to the San Francisco Bay Area within one to two months, pending regulatory approval [16] Commercial Vehicles - Foton Cummins has launched the third-generation technology platform for its F series, marking significant milestones in engine production since its inception [17] - Jianghuai's Chocolate battery swapping commercial vehicles will begin to be launched in August 2025, aiming to revolutionize battery swapping efficiency [18] - Yutong Group held a ceremony to award its scientific and technological progress, with a focus on high-end electric bus development [19] - SANY has signed a 1 billion RMB investment agreement for a new energy commercial vehicle project, with plans for production to begin by September 2025 [20]