1. The China Passenger Car Association (CPCA) estimates that wholesale sales of new energy passenger vehicles nationwide will reach 1.61 million units in October. 2. Tesla's major shareholder rejects Elon Musk's trillion-dollar compensation plan. 3

2025-11-05

1. The China Passenger Car Association (CPCA) estimates that wholesale sales of new energy passenger vehicles nationwide will reach 1.61 million units in October. 2. Tesla's major shareholder rejects Elon Musk's trillion-dollar compensation plan. 3. FAW Group will become the largest shareholder of Leapmotor, with its phased acquisition plan approved. 4. Leapmotor officially responds to reports of acquisition by FAW: False information. 5. XPeng Motors restarted its Robotaxi project last week, with internal job transfers underway. 6. Seres announces a folding steering wheel patent, improving flexibility in different application scenarios. 7. WM Motor: The Xiaowei Suixing app is back online today. 8. The China Association of Automobile Manufacturers (CAAM) is widely soliciting public opinions on a series of group standards for "Testing and Evaluation Specifications for Electric Vehicle Charging Facilities and Stations." 9. Beijing's largest industrial land plot sold this year. 10. Porsche's global CEO: In-vehicle entertainment systems developed in China will be available in vehicles in 2026. 11. BYD plans to launch its premium brand "Yangwang" in the Middle East in early 2026. 12. Market competition and tariffs eroded profits, putting pressure on BMW's profit margin in the third quarter. 13. Toyota Motor's operating profit for the second fiscal quarter of fiscal year 2026 was 839.55 billion yen, a 27% year-on-year decrease.