LG Chem Selected as Cathode Supplier for Hyundai Motor-LG Energy Solution Joint Venture

According to media reports on August 10, Tesla will increase its delivery sites in Japan by 60% this year to cope with rapidly‑growing market demand, which has brought operational pressure to the company. At present, Tesla operates seven delivery sites across Japan, located in Tokyo, Osaka and other cities. The company will add one new delivery site each in Yokohama and Kobe this month. By the end of this year, it plans to open another site each in the Greater Tokyo Area and Nagoya, bringing the total number of delivery sites to 11.

On August 10, Cui Dongshu, official of CPCA, stated in an article that 12 new‑vehicle models categorized by powertrain were launched in July, 5 more than the 7 models in July last year. A total of 77 new models were rolled out from January to July. Among them, 25 extended‑range EV models were released during January‑July, 15 more year‑on‑year; 6 hybrid models, up by 6 year‑on‑year; 18 narrow‑definition PHEV models, down by 7 year‑on‑year; 39 BEV models, down by 3 year‑on‑year; and 6 conventional fuel‑powered vehicle models, down by 3 year‑on‑year.

On August 10, the China Automobile Dealers Association released the findings of its July 2026 Auto Dealer Inventory Survey. The comprehensive auto dealer inventory coefficient stood at 1.48 in July, down 6.3% month‑on‑month and up 9.6% year‑on‑year. According to the auto‑market scan data released by CPCA under the association, retail sales of passenger vehicles nationwide reached 1.506 million units in July. Based on this figure, the total dealer inventory at end‑July stood at roughly 2.20 million units, with overall channel inventory decreasing compared with end‑June.