Porsche is putting its all-electric Cayenne SUV through a series of grueling road tests in extreme environments, spanning the Persian Gulf nations, the scorching expanses of Death Valley in the U.S., and the icy terrains of Scandinavia. The primary goal is to rigorously evaluate the vehicle's performance under challenging conditions, such as cold starts, to guarantee seamless operation in the harshest climates—a testament to the successful execution of these trials so far. Anticipation is building for the vehicle's grand unveiling, slated for the end of this year. Moreover, Porsche is set to display an inductive charging system tailored for the all-electric Cayenne at the 2025 Munich Motor Show in Germany. This cutting-edge charger, akin to wireless charging technology, boasts a peak power output of 11kW and carries a price tag of around 7,000 euros.

Insider sources reveal that Shanshi Hi-Tech is making steady progress in the restructuring endeavor with Hozon New Energy, which is the parent company of Neta Auto. After October 1st, the original workforce of Hozon New Energy will finalize the handover process and subsequently be laid off, as the Shanshi Hi-Tech team is set to assume complete control. In June 2025, Hozon New Energy's bankruptcy reorganization application was approved. Then, in July, the pre-recruitment phase for investors kicked off, with Shanshi Hi-Tech stepping in as a strategic investor. Presently, the inaugural creditors' meeting has already taken place. As of August 31st, a staggering 1,631 creditors have come forward, declaring claims that surpass 26 billion yuan, with roughly 5.1 billion yuan of these claims having been verified. By the close of August, Hozon New Energy and its associated companies had amassed debts amounting to approximately 460 million yuan owed to over 5,000 employees. The debtor's accounts showed a monetary fund book balance of around 15.4591 million yuan, and there remained about 9.3 billion yuan in accounts receivable. As of May 1st, Hozon New Energy's asset portfolio encompassed fixed assets, machinery and equipment, as well as intellectual property rights. Since going public in 2011, Shanshi Hi-Tech has been proactively establishing dual industrial chains in the realms of new energy vehicles and semiconductors, with vehicle manufacturing serving as its core business.

On September 17, Dongfeng Motor Group and Xiangyang State-owned Assets Supervision and Administration Commission unveiled plans to co-found a new enterprise, boasting a registered capital of RMB 8.47 billion. This venture will be dedicated to the research and development, manufacturing, and marketing of intelligent off-road vehicle models. Dongfeng Motor Group will inject RMB 3.55 billion in the form of intangible asset usage rights, encompassing licensing rights for the vehicle model platform, proprietary technology asset portfolios for intelligent driving, and trademark rights for the Mengshi series. Meanwhile, Dongfeng Motor Co., Ltd. will contribute RMB 920 million worth of physical assets. Upon the new company's inception, it will capitalize on the strengths of Hubei's automotive industry cluster and harness Huawei's cutting-edge intelligent technologies to roll out a wider array of intelligent off-road vehicle offerings.

On September 17th, reports surfaced indicating that recent rumors had been circulating, alleging that Shanzi Hi-Tech was moving forward with a restructuring plan involving Hozon New Energy Automobile Co., Ltd., the parent company of Neta Auto. According to these rumors, the existing staff at Hozon New Energy would be transferred and subsequently let go after October 1st, with the Shanzi Hi-Tech team stepping in to take charge. In response to these claims, an administrator from Hozon New Energy unequivocally declared the news to be untrue. He clarified that Shanzi Hi-Tech has not undertaken any restructuring of Neta Auto, nor has it received any documentation outlining Shanzi Hi-Tech's concrete intentions to participate.

NIO's stock rises nearly 4% in pre-market US trading, after announcing it had secured an equity injection of $1.16 billion, which will be used for the research and development of intelligent electric vehicles and the construction of charging and battery swap networks.

On September 17, 2025, online car-rental platform Lyft announced a partnership with Waymo, planning to launch autonomous ride-hailing services in Nashville in 2026. Influenced by this, UBER's pre-market stock price in the US fell by over 3%.

On the evening of September 17, Dongfeng Group Co., Ltd. made a public announcement, revealing that it had inked an investment pact with Dongfeng Motor Co., Ltd., Xiangyang Holdings, and Xianggao Investment. The four entities will jointly pump in 8.47 billion yuan to set up a joint venture firm, which will be dedicated to advancing the Mengshi brand. Additionally, the partnership between Dongfeng Mengshi and Huawei will embrace a novel collaborative framework, one that bridges the gap between the 'HI' model and the 'Smart Vehicle Selection' model. The intangible asset utilization rights provided by Dongfeng Group Co., Ltd. encompass the licensing privileges for the Mengshi series trademark, vehicle model platforms, and the authorized utilization rights for proprietary technology asset clusters associated with intelligent driving.

On the 16th, numerous media sources reported that pertinent U.S. authorities have launched an investigation into certain Tesla electric vehicles. The probe is centered around potential problems with "faulty electronic door handles," a concern that impacts roughly 174,000 vehicles.

Some vehicle owners have recounted harrowing experiences where the malfunctioning electronic door handles resulted in them being locked out of their cars, with their children trapped inside the backseat. In desperation, they were compelled to break the car windows to gain access.

The U.S. National Highway Traffic Safety Administration has issued a statement, indicating that it is currently evaluating the extent and gravity of the issue. Should an unreasonable risk be ascertained, a recall of the affected vehicles will be initiated.

Recently, Diyi Energy Technology (Suzhou) Co., Ltd. made its official debut, with Li Zhongbing serving as its legal representative and a substantial registered capital of 700 million yuan. The company boasts a diverse array of business operations, encompassing the manufacturing and sales of batteries, the sale of complete vehicles (including both traditional automobiles and new energy vehicles), machinery and equipment leasing, as well as leasing services for small and micro passenger cars, among other sectors. A closer look at the equity structure reveals that the company is a wholly-owned subsidiary of Anhui Diyi Energy Technology Co., Ltd., which itself is a subsidiary of Chery Automobile Co., Ltd.

Haoen Automotive Electronics has released a statement addressing abnormal fluctuations in its stock price. The company clarified that it has not identified any unpublicized information in recent media reports that could significantly impact its stock trading price. However, it has observed that discussions about the company's operations on certain media platforms and stock forums have centered around trending topics, including robotics and order backlog figures.

Haoen Automotive Electronics' core business currently revolves around the research and development, design, manufacturing, and sales of intelligent driving perception systems for the automotive sector. While the company is exploring robotics-related products, these offerings are still in the research and development phase and have not yet generated any revenue. The company calculates its order backlog based on customer-projected sales volumes. Nevertheless, it is important to note that the actual order values may experience fluctuations due to market dynamics and are, therefore, subject to uncertainty. Investors are advised to exercise caution and remain mindful of potential risks.

Recently, the first Xiaomi SU7 taxi in the country was officially put into operation after being painted in Delingha, Qinghai. However, according to the driver, Mr. Wang, the vehicle was reported by peers and he was kicked out of the driver group on its first day of operation.

On September 17, Haoen Auto-Electric released an announcement addressing unusual fluctuations in its stock price. The announcement highlighted that certain media outlets and stock forums have been discussing the company's involvement in trending sectors, such as robotics, along with the current status of its orders. Currently, Haoen Auto-Electric's primary operations revolve around the research, development, design, manufacturing, and sales of intelligent driving perception systems for automobiles. Regarding its robotics business, the company clarified that its products are still in the research and development stage, and thus far, no revenue has been generated from this sector. The current order volumes are estimated based on customers' projected sales figures; however, actual order amounts may vary in response to market dynamics, introducing an element of uncertainty. Consequently, investors are urged to exercise caution and remain mindful of potential investment risks.

According to sources, Hozon New Energy Automobile, the parent entity of Neta Auto, is poised for restructuring. Shanzi Hi-Tech, a company listed on the A-share market, is actively progressing with the associated procedures. Following October 1, the existing staff of Hozon New Energy Automobile will finalize the handover and settlement processes, after which the Shanzi Hi-Tech team will officially assume control. Notably, Shanzi Hi-Tech's stock price has hit the upper limit for four consecutive trading days.

Today, the Ministry of Industry and Information Technology has publicly sought feedback on the mandatory national standard titled "Safety Specifications for Integrated Driving Assistance Systems in Intelligent Connected Vehicles". This standard lays down a fundamental safety framework for intelligent connected vehicle products, stipulating detailed safety technical criteria across various domains including human-machine interaction, functional safety, cybersecurity, and data logging. These requirements are specifically designed to cater to diverse functionalities such as single-lane assistance, multi-lane assistance, and autopilot support.

On September 17, NIO (NIO.N) released a statement announcing the completion of a substantial equity financing round, securing $1.16 billion. This financing was achieved through the issuance of 161 million American Depositary Shares (ADSs, where each ADS represents one Class A ordinary share), along with 20.995 million Class A ordinary shares. Additionally, an extra 27.2727 million ADSs were issued following the full exercise by underwriters of their option to purchase additional ADSs, an option that was set to expire on September 10, 2025. The ADSs were offered to the public at a price of $5.57 per share, whereas the Class A ordinary shares were priced at HK$43.36 each. NIO intends to allocate the net proceeds from this financing towards advancing the research and development of core technologies essential for smart electric vehicles, fostering the development of future technology platforms and vehicle models under its brands, expanding its battery swap network infrastructure, bolstering its financial position through balance sheet strengthening, and meeting general corporate needs.

On September 15th, Lan Jing Technology disclosed that Li Yinan, the visionary founder and ex - CEO of Niu Technologies, and also the mastermind behind Niutron, has established Changzhou Niujin Technology Co., Ltd. in 2024, marking a foray into the new energy special vehicle sector. This newly - formed company has a close connection with Jiangsu Niujin Technology Co., Ltd., which is mainly devoted to the research, development, production, and marketing of new energy special vehicles. Notably, three of its product models, namely GT and NVMM, have already successfully completed production and rolled off the assembly line in the Jintan Hua Luogeng High - Tech Zone.

Citing sources from 'Auto Pixel', Dongfeng Motor Group is in the process of launching a fresh brand dedicated to new-energy vehicles. The formation of this new entity is anticipated in the near future, potentially mirroring the collaborative framework seen in the GAC-Huawei Vision Automotive partnership by forging a deeper alliance with Huawei. Dongfeng is set to introduce an autonomous brand, internally dubbed as Project XY, with its inaugural model slated for a debut in the fourth quarter of the coming year. This endeavor is being nurtured by the former team of the Dongfeng Nissan Technical Center. Leveraging the existing infrastructure, the project will utilize the Dongfeng Nissan Xiangyang plant, thus avoiding the need for expanding production capacity. Approximately a week ago, the plant commenced renovations to align with the manufacturing requirements of intelligent vehicles, aiming for a long-term annual production and sales target of 300,000 units.

Project XY is poised to engage in profound collaboration with Huawei, particularly in the realms of intelligent cockpits and autonomous driving technologies. Through this partnership, Dongfeng Motor Group aspires to "emulate the success story of Voyah". Notably, the luxurious flagship SUV from Voyah, the 9L, is projected to make its grand entrance in the fourth quarter as well.

On September 17th, Hikvision Automotive, in collaboration with Thermotek Systems, revealed that their L2-level integrated driving and parking small domain control system, which is built upon a domestically tailored solution, has commenced mass production in a mainstream model from a prominent independent automotive brand. This innovative system delivers L2-level single-lane driving capabilities through a single V (front-view monocular camera) setup. Additionally, it enables automatic parking functions by integrating a 4V12U (4 surround-view cameras + 12 ultrasonic radars) fusion solution. Both the driving and parking solutions have been independently developed by Hikvision Automotive and Thermotek Systems.

Today, Haoen Automotive Electronics witnessed a significant uptick, with its stock price soaring by 7.15%. The trading volume for the day reached an impressive 1.956 billion yuan, accompanied by a robust turnover rate of 43.68%. Post-market analysis of the dragon and tiger list—a record detailing the top buyers and sellers in the market—revealed that the dedicated seat of the Shenzhen-Hong Kong Stock Connect was active, purchasing 123 million yuan worth of shares while offloading 126 million yuan. Notably, three institutional investors' dedicated seats collectively executed a net purchase of 110 million yuan, signaling strong institutional interest. Conversely, another institutional investor's dedicated seat opted for a net sale, divesting 16.6751 million yuan worth of shares.

This afternoon, BYD Auto officially dropped a teaser video, heralding the debut of the 'Yangwang Test Vehicle No. 02.' This vehicle stands out as it flaunts the world's most formidable horsepower, surpassing 3000Ps. The teaser offers just a fleeting glimpse of the Yangwang U9 test vehicle as it rolls out of a garage. On August 26th of this year, the Yangwang U9 engineering test vehicle made history by shattering the global top-speed record for electric vehicles, clocking in at an astonishing 472.41km/h. Prior to this feat, the vehicle had already earned the title of China's fastest car and posted impressive interim results during its maiden appearance at the Nürburgring. In August of the same year, BYD introduced a new iteration of the Yangwang U9, which is outfitted with four high-performance 555kW power motors. Earlier, in June, Yangwang Auto had announced its intentions for the U9 to once again take on the challenge of achieving record-breaking top speeds and Nürburgring lap times, with the performance verification phase commencing in July.