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Global Automakers See Profit Per Vehicle Plunge; Tesla's Five-Year Reign Under Threat

Global Automakers See Profit Per Vehicle Plunge; Tesla's Five-Year Reign Under Threat

In FY2025, profit per vehicle declined across all seven major global automakers. Tesla led for the fifth consecutive year at approximately 348,000 yen ($1,460) per unit, but plunged 40% year-on-year. Toyota followed closely at 341,000 yen, narrowing the gap to under 10,000 yen. BYD ranked third, pressured by purchase tax policy adjustments. GAC Group faces a deepening loss of over 4 billion yuan in H1 2026.

43410 days ago
German EV Sales Surpass ICE in June 2026: Birthplace of ICE Cars Enters EV Era

German EV Sales Surpass ICE in June 2026: Birthplace of ICE Cars Enters EV Era

In June 2026, pure electric vehicles became the most popular powertrain type in Germany for the first time, surpassing hybrids, gasoline, and diesel vehicles. As the birthplace of the internal combustion engine, Germany's BEV registrations reached 84,057 units, up 78.2% year-on-year, with a market share of 28.4%—the highest among all single powertrain types. This milestone marks the acceleration of the global automotive industry's electrification transition, carrying profound strategic implications for Chinese NEV exports to Europe, Central Asia, and Russia.

18511 days ago

Tesla Q2 Global Deliveries Hit ~480,000 Units, Flat Year-over-Year

Tesla delivered approximately 480,000 vehicles globally in the second quarter of 2026, roughly flat year-over-year. Model Y and Model 3 remain the absolute sales pillars, with the two models combined accounting for over 85% of total deliveries. The Shanghai Gigafactory and Fremont factory maintain high capacity utilization. Meanwhile, Musk confirmed that a compact model based on a new platform will debut in 2027 with a target price below $25,000.

34318 days ago
Brazil Raises NEV Tariff to 35% in July, Mexico Imposes 50% on China

Brazil Raises NEV Tariff to 35% in July, Mexico Imposes 50% on China

In July 2026, multiple global trade rules took effect, significantly impacting Chinese NEV exports. Brazil raised NEV tariffs to 35%, eliminating previous phased discounts. Mexico increased passenger vehicle tariffs on China to 50% from January 2026. EU draft local content rules require 70% localization. UK automakers warned of potential 140 million GBP tariff losses from post-Brexit rules. Australia, Southeast Asia, and Central Asia remain relatively open, but localization requirements are gradually increasing. Chinese automakers are shifting from "product export" to "ecosystem globalization" through local production.

60521 days ago
Leapmotor Sets Record 93,376 Deliveries in June; Nio and Xpeng Both Break 40,000

Leapmotor Sets Record 93,376 Deliveries in June; Nio and Xpeng Both Break 40,000

In June 2026, Chinese EV startup delivery figures were released. Leapmotor set a new all-time record with 93,376 deliveries. Nio delivered 40,597 vehicles and Xpeng delivered 40,126, both achieving their best monthly performance of the year. Tesla China's wholesale volume reached 89,091 units, up 24.43% year-on-year, marking the eighth consecutive month of growth. Meanwhile, Li Auto and Huawei-backed HIMA faced stiffer competition in the premium segment, with year-on-year delivery declines. June data clearly shows China's NEV market is undergoing structural differentiation.

57527 days ago
Tesla China June Wholesale Volume Hits 89,091 Units, 8th Consecutive Month of Growth

Tesla China June Wholesale Volume Hits 89,091 Units, 8th Consecutive Month of Growth

Tesla China's wholesale volume reached 89,091 units in June 2026, up 24.43% year-on-year, marking the eighth consecutive month of sales growth. To应对 market competition and stimulate demand, Tesla introduced a vehicle financing program called "Easy Loan" in May, lowering the minimum down payment for the Model 3 rear-wheel-drive version to just 55,900 yuan, with a 5-year installment plan significantly reducing the purchase barrier. While maintaining sales growth, Tesla also faces intense competition from Chinese brands in intelligent configuration and pricing.

41527 days ago