Geely to Launch First Internal Combustion Engine Vehicle in South Africa, Expanding to 10 Models by 2026

According to media reports on July 7, Envision AESC's 46120 large cylindrical battery products have entered mass production at its factories in Cangzhou and Jiangyin, Wuxi. These batteries will supply multiple models on BMW's Neue Klasse pure electric platform. BMW's recently globally launched all-new iX5 pure electric model is the first vehicle to feature these battery products. According to sources familiar with the matter, in addition to the iX5, Envision AESC's 46-series large cylindrical products will also supply the X3, X6, X7, and other models on BMW's Neue Klasse platform.

On July 7, Toyota Motor Corporation is shifting production of its Tacoma midsize pickup truck from a factory in Mexico to San Antonio, as part of the automaker's $3.6 billion upgrade plan for the Texas plant. The company will build a second production line at the San Antonio factory, creating approximately 2,000 new jobs by 2030. The factory currently mainly produces full-size pickup trucks and SUVs. The expansion of the San Antonio plant will double its facility size to approximately 5 million square feet. Since its groundbreaking 23 years ago, Toyota's cumulative investment at this site will reach $8.3 billion.

On July 1, BYD Company Limited released its production and sales report for June 2026. In June, BYD produced 403,246 new energy vehicles and sold 403,472, achieving monthly sales exceeding 400,000 vehicles. Among these, passenger vehicle sales reached 397,292 units, while commercial vehicle sales totaled 6,180 units. By power type, pure electric passenger vehicle sales reached 201,472 units, and plug-in hybrid passenger vehicle sales reached 195,820 units. In terms of exports, new energy vehicle exports totaled 175,300 units in June. On a cumulative basis, from January to June 2026, cumulative new energy vehicle sales reached 1,808,511 units, a year-on-year decrease of 15.72%; among these, cumulative passenger vehicle sales reached 1,777,375 units, and cumulative commercial vehicle sales reached 31,136 units.