123!!!

[CarNewsChina.com @CarNewsChina]

CATL now China's largest heavy-truck swapping operator via state-owned network deal.

👇

https://t.co/uWKcLrLtra

[123!!! @Squeeze6262]

CATL 🚀 https://t.co/vLUaV40tcX

[CATL @catl_official]

Recently, CATL's aviation power battery system for passenger eVTOL aircraft successfully passed an adjacent-cell thermal runaway non-propagation test. It is the world's first aviation power battery system built with prismatic cells reaching an energy density of up to 350 Wh/kg to pass this validation.

During the test, two adjacent cells were triggered simultaneously at different locations, including the center and corner of the system. In every scenario, thermal runaway was successfully contained without spreading to surrounding cells.

The production, inspection, and testing of the cells and battery system were witnessed by authorized representatives of the Civil Aviation Administration of China, laying a solid foundation for the eVTOL aircraft to meet civil aviation safety standards. The system is ready for mass production and will first be deployed in AutoFlight’s passenger eVTOL aircraft.

This breakthrough not only addresses key technical challenges in aviation power batteries but also brings high safety standards into real-world application.

#CATL #eVTOL #AviationPowerBattery #BatterySafety #LowAltitudeEconomy

[Fox News @FoxNews]

BACK IN BUSINESS: President Trump signed legislation to fund the government again — putting an end to the longest government shutdown in U.S. history.

[ABC News @ABC]

President Trump remains "committed" to sending each American a $2,000 dividend check to be distributed from tariff revenue, White House press secretary Karoline Leavitt said. https://t.co/Ld17I1dnHI

[CN Wire @Sino_Market]

🇨🇳➡️🇭🇰SOUTHBOUND NET BUYING VIA STOCK CONNECT REACHED HKD20 BLN, THE MOST SINCE APRIL 9.
#CHINA $SHCOMP $SSEC $ASHR $HSI $KWEB $FXI $HXC $DRAG $YINN $YANG
https://t.co/SZyiH3d5js

[ThinkerCar @thinkercar]

The global EV battery market grew 37.3% YoY, reaching 504.4 GWh in 2025 H1.
#CATL maintained dominance (37.9% share), while #BYD surged 58.4%, narrowing the gap.
Gotion and SVOLT showed explosive growth (>85%), contrasting with Samsung SDI's decline (-8%).

[CnEVPost @CnEVPost]

CATL signs deal to bring over 100,000 battery-swappable cars to Car Inc's fleet

CATL and Car Inc will launch a pilot program this year and gradually deploy over 100,000 battery-swappable vehicles. https://t.co/5ltuOoszJT 👇

[ThinkerCar @thinkercar]

#CATL Reports H1 2025 Financial Results:
- Revenue: RMB 178.886 billion, +7.27% YoY.
- Net Profit Attributable to Shareholders: RMB 30.512 billion, +33.02% YoY.
- Net Cash Flow from Operating Activities: RMB 58.687 billion, +31.26% YoY.

[CATL @catl_official]

Proud to power the new #XiaomiYU7, #XiaomiYU7Max and #XiaomiYU7Pro with CATL’s latest battery technology — enabling up to 835 km of range and 10 to 80% fast charging in just 12 minutes.

Longer journeys, less waiting, and more confidence for every drive.

#CATL #BatteryInnovation #EV

[CnEVPost @CnEVPost]

China EV battery installations in Jun: CATL share at 43.67%, BYD 21.47%

CATL's share in June increased by 0.8 percentage points compared to May, while BYD's decreased by 1.02 percentage points. https://t.co/nU0v2G3dAN 👇

[CnEVPost @CnEVPost]

China NEV retail at 537,000 in Jul 1-20, up 23% year-on-year

China's NEV penetration rate in retail sales was 54.9 percent during the July 1-20 period, and 50.56 percent year-to-date. https://t.co/ebfRJHM7JB 👇

[CnEVPost @CnEVPost]

China NEV retail hits 1.11 million in Jun, highest so far this year

In June, China's passenger NEV retail sales grew by 29.7 percent year-on-year and increased by 8.2 percent sequentially. https://t.co/wN2Za51reW 👇

[ThinkerCar @thinkercar]

Xiaomi YU7 sees over 240,000 orders locked in within 18 hours of sales launch!
#Xiaomi #XiaomiYU7

[Bloomberg @business]

NEW: Xiaomi is winning where Apple gave up.

With hundreds of thousands of orders for its new SUV, Lei Jun’s bold bet is reshaping China’s tech and auto landscape. https://t.co/0EtKPsTGva

[Sawyer Merritt @SawyerMerritt]

I just spent hours reviewing the final version of Trump’s “Big Beautiful Bill,” which he will sign into law in the coming days. There's a lot of important stuff related to EVs, renewable energy, and more. Here's everything you need to know:

• $7,500 EV credit for new vehicles: Ends September 30, 2025

• $4,000 used EV credit: Ends Sept 30th

• EV fees: There is nothing in the bill about an annual $250 EV fee, so no need to worry about that.

• Solar credit: Terminates the 30% tax credit for rooftop solar on Dec 31, 2025

• ZEV credits: While this bill does not directly eliminate regulatory Zero-Emission Vehicle (ZEV) credits—the type that Tesla and other automakers have earned billions from by selling EVs under California’s ZEV mandate and other state-level programs—it effectively guts the system that creates demand for those credits.

First, Trump’s bill eliminates penalties for automakers that fail to meet federal Corporate Average Fuel Economy (CAFE) standards. Previously, automakers that didn’t meet fuel economy targets had to either improve efficiency or buy credits (including ZEV credits from Tesla) to avoid stiff fines. Now, those penalties are reduced to $0, removing a major incentive to purchase credits.

Second, and more significantly, Congress recently used the Congressional Review Act to revoke EPA waivers that allowed California (and the 17+ states that follow its lead) to enforce stricter emissions rules, including ZEV mandates. These waivers were the legal foundation of the state-level ZEV credit programs. Without them, states can no longer require automakers to meet ZEV sales targets or buy ZEV credits to comply.

Together, these two actions remove both the federal and state compliance pressures that created the market for ZEV credits. As a result, demand for Tesla’s (and other EV makers) credits will likely collapse in the U.S., unless courts overturn the waiver revocations in the coming legal battles. Tesla can still generate ZEV credits outside of the U.S. (such as Europe).

• Home Geothermal: Terminates tax credit for geothermal heat pumps and other home devices on Dec 31, 2025

• Battery manufacturing credit: The bill keeps this around, which is great, but there are new sourcing restrictions. I did my best with interpreting the complicated bill language on this topic, so please correct me if I'm wrong:

It sounds like Tesla’s new Nevada LFP battery plant can qualify for the 45X credit ($35/kWh for battery cells + $10/kWh for modules) for batteries made at that facility, but it looks like it will need to meet increasingly difficult content requirements (60% U.S. content in 2026, rising year by year to 85% in 2030). If the plant uses CATL equipment, it will be tough. The batteries Tesla makes at Giga Nevada in partnership with Panasonic, as well as the batteries made at Giga Texas, should continue to qualify for the manufacturing credit as long as they meet requirements. We will get further clarification/guidance from the U.S. Treasury in the near future on the manufacturing credit which should help clear up any remaining confusion.

• Qualified commercial clean vehicles credit: Cancels the credit for companies that buy electric cars or trucks, including businesses that lease the vehicles to consumers, by Sept. 30, 2025

Deduction for car loan interest for American-made vehicles: From 2025 through 2028, interest paid on loans for purchasing a personal-use vehicle will no longer be considered "personal interest" and can be deducted. To qualify for the deduction, the vehicle must meet all of the following:

• Original use begins with the taxpayer.
• Manufactured primarily for use on public roads (not rail-only).
• Has at least two wheels.
• Is a car, minivan, SUV, pickup, motorcycle, or van.
• Has a gross vehicle weight rating under 14,000 lbs.
• “Final assembly” must occur in the United States

Max deductible interest of $10,000 per year. Deduction phases out for taxpayers with income above: $100,000 (single) and $200,000 (joint).

• Advanced manufacturing production credit: Terminates credit for wind power components after 2027 and disqualifies facilities that use certain components from China and other “foreign entities of concern.”

• Clean electricity production credit: Phases down tax credits for low-emissions electricity sources like wind, solar, nuclear and geothermal power. New restrictions on the use of components from China. Wind and solar projects can still claim the credit as long as they either begin construction within a year of the law’s enactment or come online before the end of 2027. Nuclear, geothermal or battery projects would have more time. They also removed a controversial tax for projects that have ties to Chinese firms

The bill kills clean electricity investment and production tax credits for wind and solar that have been in place since 2005 and 1992. Solar and wind farms that enter service after 2027 would no longer be eligible for the credits, a big blow to the US' renewable industry.

• Energy efficient home improvement credit: Terminates a tax credit for energy audits and renovations to improve efficiency by Dec. 31, 2025 Terminate the credit for companies that buy electric cars or trucks, including businesses that lease the vehicles to consumers, by Sept. 30, 2025

• Clean hydrogen production credit: Companies must begin construction by the end of 2027 to claim credits

• Energy efficient credit for new homes: Terminates a tax credit for the construction of new homes that meet energy star standards by June 30, 2026

• Alternative Fuel Vehicle Refueling Property Credit: Ends June 30, 2026

I hope this breakdown was helpful. Let me know if I missed anything.

[ThinkerCar @thinkercar]

#Xiaomi Automobile Phase 2 Factory Rushes to Recruit Workers
- Xiaomi's YU7 Standard Version requires up to 15 months of waiting, while the Max version needs at least 9.5 months. To address this production backlog, the Phase 2 Factory is conducting large-scale recruitment in preparation for mass production.
- Xiaomi's Phase 1 Factory in Beijing's Yizhuang, initially designed for an annual capacity of 150,000 vehicles, has increased production by implementing a double-shift model since June 2024. The factory now produces one car every 76 seconds.
- Reports suggest that the Phase 2 Factory, completed in June, is set to begin production in July.

[ThinkerCar @thinkercar]

#Xiaomi 's range-extended large SUV revealed

[ThinkerCar @thinkercar]

#Tesla Model 3 and #XiaoMi SU7 retail volume trend in 2025 (Jun 23-Jun 29)
Su7: 6.9k units, +50% WoW
M3: 5.5k units, +27.9% WoW

[Xiaomi @Xiaomi]

Xiaomi's first pair of AI glasses.

The all-new #XiaomiAIGlasses — a next-generation personal smart device.

#NewBeginnings