OEM Dynamics | OEM Trend
Gasgoo: Tesla officially announced on July 30 that its 10 millionth pure electric vehicle has rolled off the production line globally. The move makes Tesla the first automaker worldwide to surpass the 10-million-unit mark in pure EV production. Counting from the first Roadster prototype in 2006, Tesla achieved this production leap from zero to 10 million units over 20 years.
Kuai Tech: A teaser clip for Luo Yonghao's interview program "Luo Yonghao's Crossroads" was released on July 30. In the interview, Leapmotor Chairman Zhu Jiangming stated that building cars requires at least 20 billion yuan, adding that he wouldn't have started if he had known how capital-intensive it would be. Zhu left Dahua Technology, a security firm he had worked at for years, in 2015 to venture into vehicle manufacturing. The journey over the past decade has been rocky, and Leapmotor only recently crossed the break-even point.
Gasgoo: On July 30, Lu Tian, general manager of BYD's Dynasty Network sales division, revealed more details about the new flagship sedan, the "Da Han." Positioned in the D-class luxury segment, the model is the first sedan from BYD's Dynasty series to target this niche, carrying the internal development code "Series 9." According to the disclosed data, the Da Han measures 5,256 mm in length, 1,999 mm in width, and 1,510 mm in height, with a wheelbase of 3,130 mm. In terms of performance, the four-wheel-drive version accelerates from 0 to 100 km/h in 3.8 seconds and reaches a top speed of 270 km/h.
Kuai Tech: On July 30, Harmony Intelligent Mobility Alliance's SAIC announced that cumulative deliveries of its Z7 and Z7T models have surpassed 20,000 units. The series was officially launched on April 22, meaning it took just three months to hit this milestone, with June deliveries alone exceeding 10,000 units. The lineup comes standard with five major Huawei technology foundations and eight comfort and tech features, offered in two body styles: a fastback coupe and a shooting brake.
Cailian: BMW reported an earnings before interest and tax (EBIT) margin of 2.3% for its automotive business in the second quarter on July 30, beating market estimates of 2.22%. The automaker maintained its full-year forecast for an automotive EBIT margin of 1% to 3%, though this falls short of the market estimate of 2.71%.
Jiemian: On July 30, Renault Group reported revenue of 30.3 billion euros for the first half of 2026, up 9.5% year-on-year, or 10.3% at constant exchange rates; net profit stood at 700 million euros, while free cash flow from the automotive business reached 653 million euros. The group confirmed its 2026 financial targets: an operating margin of approximately 5.5% of group revenue and automotive free cash flow of around 1 billion euros.
Gasgoo: Italian luxury sports car manufacturer Lamborghini recently reported an operating profit of 395 million euros ($450 million) for the first half, a decline of over 8%, down from 431 million euros a year earlier. The operating profit margin slipped from 26.5% to 22.7%. U.S. tariff policies and military conflict in the Middle East have exposed vulnerabilities across the industry.
Components Sector | Supply Chain News
Jiemian: LG Energy Solution released its second-quarter 2026 earnings report on July 30, showing consolidated revenue of 7.6 trillion won, up 15.3% quarter-over-quarter. Operating profit came in at 113.3 billion won, yielding a margin of 1.5%. For the first half of 2026, cumulative revenue reached 14.1 trillion won, a 10.5% year-on-year increase. Notably, energy storage system (ESS) revenue surged 4.6 times, with new orders exceeding 3 trillion won, accounting for over 20% of total revenue.
Gasgoo: Shanghai Baolong Automotive Corporation recently released a forecast for its first-half 2026 earnings. Preliminary calculations by the finance department indicate net profit attributable to shareholders of the parent company will range from 246 million yuan to 300 million yuan, an increase of 111 million yuan to 165 million yuan compared to the same period last year, or a rise of 82.56% to 122.64%.
Gasgoo: Ningbo Jifeng Auto parts Co., ltd. recently disclosed a semi-annual performance forecast for 2026. The company expects first-half net profit attributable to parent company shareholders to be between 332 million yuan and 398 million yuan, an increase of 178 million yuan to 244 million yuan year-on-year, representing growth of 115.78% to 158.67%.
Gasgoo: Ningbo Huaxiang Group Co., Ltd. (002048.SZ) recently released its first-half 2026 performance outlook. The announcement suggests net profit attributable to listed shareholders will reach 610 million yuan to 690 million yuan, swinging from a loss of 374 million yuan in the same period last year. This marks a turnaround to profitability, with growth ranging from 263.27% to 284.69%.
Gasgoo: Volkswagen and its partner Gotion High-Tech are reportedly in deep discussions regarding the possibility of the Chinese battery maker taking a stake in VW's battery plant in Valencia, Spain. Industry sources indicate that Gotion Chairman Li Zhen has already visited the facility with senior executives to assess operations and related matters.
Blue Whale News: Superfluid Lab, newly established by DeepRoute.ai, has begun recruiting, focusing on directions such as large model algorithms, simulation algorithms, and AI infrastructure. According to sources, the lab was set up internally in May and has completed preliminary work including infrastructure reconstruction. It is expected to be led by Ruan Chong, a former core member of DeepSeek and a key researcher in multimodal technology.
Industrial Focus | Industrial Economy
Cailian: A July 30 briefing from the National Energy Administration revealed that rapid growth in high-tech industries like new energy vehicles and artificial intelligence drove strong power consumption in the first half. Electricity usage for charging and swapping services reached 81 billion kWh, up 56.9% year-on-year, while internet data services hit 49.4 billion kWh, a 44% increase. Together, these sectors lifted total social power consumption by 0.9 percentage points.
Cailian: On July 30, reports highlighted the first half of 2026 as a period of stark divergence for the A-share auto parts sector, squeezed by volatile commodity prices and intensifying competition in the domestic auto market. Recent earnings previews suggest the industry split is turning into a sharp rupture rather than a gradual shift—companies deeply integrated into the top-tier new energy supply chain or those with global production footprints are breaking through with double-digit growth; conversely, smaller players reliant on traditional internal combustion engines and lacking pricing power are facing widespread losses, accelerating an industry shakeout. Under immense operational pressure, parts suppliers are not only hedging raw material inflation and stabilizing core operations but also leveraging strengths in precision manufacturing and thermal management to pivot into robotics and data center liquid cooling, striving to cultivate a second growth curve.
