With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.
Geely Hits 250,000 Sales in July, EVs Lead Growth
Chinese automaker Geely reported record sales of 250,161 vehicles in July, marking its fifth consecutive month of both year-on-year and month-on-month growth.
The biggest highlight was its rapid shift toward electrification. New energy vehicles accounted for 64% of Geely's total sales, with more than 160,000 EVs and plug-in hybrids delivered during the month.
Geely also continued to expand overseas, exporting over 106,000 vehicles in July—more than double the figure from a year ago. New energy vehicles made up nearly 60% of its exports, underscoring the growing global demand for Chinese EVs.
Changan's Overseas Deliveries Surge for Sixth Straight Month
Chinese automaker Changan delivered 207,100 vehicles in July, with overseas shipments reaching 82,300 units, up 79.1% year on year. It marked the company's sixth consecutive month of strong overseas growth, highlighting the accelerating global expansion of Chinese automakers.
Meanwhile, Changan's new energy vehicle deliveries climbed 28.8% to 96,500 units, reflecting continued momentum in its electrification strategy.
The strong performance suggests Changan is gaining traction both at home and abroad, as Chinese brands continue to expand their presence in international markets.
CATL Signals Strategic Shift with Major Interim Dividend
Battery giant CATL has announced an interim cash dividend of about RMB 6.18 billion, one of the largest mid-year payouts by a Chinese manufacturing company.
The move reflects a shift in CATL's strategy. After years of prioritizing aggressive investment in battery production capacity and next-generation technologies, the company is now placing greater emphasis on delivering long-term returns to shareholders.
Supported by its leadership in the global EV battery market and the continued growth of its energy storage business, CATL's strong cash flow is enabling it to balance expansion with shareholder value.
