OEM Trends | OEM Trend
Jiemian News: Great Wall Motor released its half-year report on Aug. 25. Revenue climbed to 102.1 billion yuan in the first half, up 10.6% year-on-year; while net profit attributable to shareholders tumbled 61.1% to 2.47 billion yuan. Basic earnings per share stood at 0.29 yuan.
Gasgoo: On Aug. 25, Dreame Technology released a statement on strategic focus and business development, announcing adjustments to exploratory businesses. Moving forward, the company will sharpen its focus on four core areas: smart home, outdoor courtyard, smart mobility, and embodied intelligence. Dreame stated the move aligns with its broader strategy and the varying maturity of its business lines, with resources integrated accordingly. Core operations remain stable, and R&D, production, sales, and after-sales are proceeding as planned across domestic and international markets.
CLS News: On Aug. 25, Tata Communications partnered with Tata Motors to advance 5G vehicle technology. Tata Communications will embed 5G capabilities into the Tata Motors Sierra EV.
Gasgoo: GAC Group Chairman Feng Xingya recently met with Huawei founder Ren Zhengfei in Shenzhen again, marking their second high-level discussion since their initial strategic handshake on June 30, 2025.
Gasgoo: Leapmotor and FAW Group held a signing ceremony in Changchun to seal a deepened strategic partnership. The agreement calls for collaboration across capital, new energy vehicles, intelligent driving, powertrains, batteries, smart chassis, body manufacturing equipment, lightweight components, embodied intelligence robots, and finance. Together, they aim to boost technological innovation and market competitiveness.
Fast Tech: A 2021 Li Auto ONE with over 100,000 kilometers recently suffered noise, power loss, and smoke on an elevated road. After the driver pulled over, the vehicle became immobile and was towed to a service center. Li Auto issued a technical clarification: inspections confirmed no fire occurred; the visible smoke was actually oil vapor from lubricant leaking out of a damaged rear reducer housing and hitting hot components. The company classified it as a rare mechanical fault from long-term use, not driver error. The faulty part has been returned to the factory for analysis. The vehicle, covered under a lifetime warranty, has been fitted with a new rear reducer assembly and is back on the road, with alternative transport provided during repairs.
Supply Chain News | Supply Chain News
Gasgoo: On Aug. 25, Zhaoqing City signed a framework agreement with Shanghai Putailai New Energy Technology to build a zero-carbon industrial park in South China. Located in Jiangbin Industrial New City, the project covers over 1,000 mu and will focus on R&D and production for Guangdong Jiatuo New Energy Equipment and Guangdong Zhuogao Energy Storage Advanced Materials. Plans include facilities for lithium-ion smart equipment manufacturing, high-end energy storage material production, and R&D testing centers.
Gasgoo: Joyson Safety Systems announced on Aug. 25 that its Suzhou production base has topped out. This marks the ninth Joyson Safety facility in China. Construction began in early 2026, and the company completed the structural frame in just four months.
Gasgoo: Gotion High-Tech released its 2026 semi-annual report on Aug. 25. Revenue hit 27.78 billion yuan in the first half, surging 43.2% year-on-year and setting a six-year high; while net profit attributable to shareholders jumped 278.1% to 1.39 billion yuan.
Gasgoo: BYD Battery recently signed a strategic cooperation memorandum with Ulaanbaatar, the capital of Mongolia. Leveraging their respective resources, the parties will collaborate on green city initiatives to drive the upgrade of Ulaanbaatar's new energy industry and advance low-carbon urban development.
IT Home: Chongqing Afari Technology released its 2026 semi-annual report recently. First-half revenue rose 22.4% to 5.12 billion yuan, while net profit attributable to shareholders soared 151.3% to 780 million yuan; excluding non-recurring items, net profit reached 560 million yuan. The company noted that core operating indicators improved across the board, achieving dual growth in revenue and profit despite heavier R&D investment.
Industrial Economy | Industrial Economy
CLS News: On Aug. 25, TrendForce reported that global sales of new energy vehicles — including BEVs, PHEVs, and hydrogen fuel cell cars — hit 5.37 million units in the second quarter of 2026, up 10.4% year-on-year. Including hybrids (HEVs), these four categories accounted for a record 33.2% of global auto sales in the quarter.
Policy Situation | Policy Situation
Fast Tech: A draft revision of the Road Traffic Safety Law was submitted for initial review on Aug. 25. The proposal includes a dedicated chapter on autonomous vehicles, legally defining the boundary between self-driving and driver-assist functions for the first time. It establishes clear liability rules: if a traffic violation occurs while autonomous driving is active, the vehicle's manufacturer or importer is responsible. If the system is inactive, or for cars with only assisted driving, the user or driver bears liability under existing rules. The 170-article draft also outlines market access conditions, violation processing protocols, and specialized insurance. By addressing issues like drunk and distracted driving, the legislation aims to remove legal barriers to the mass commercialization of high-level autonomous driving.
Jiemian News: The Shanghai Market Supervision Administration issued a three-year action plan (2026-2028) to upgrade the advertising sector and foster digital intelligence. The initiative targets new marketing scenarios like short video, live streaming, smart terminals, generative search, and AI-driven dialogue ads. It prioritizes data-driven innovation for new consumption models. The plan also accelerates the development of outdoor digital smart screens capable of dynamic ad placement based on foot traffic and context. Pilot zones for AI advertising will explore compliant implementation of on-device agent ads and in-vehicle cabin ads, while encouraging green, low-carbon technologies in advertising.
