Xiaomi rolled out a fresh round of purchase subsidies and low-cost financing on Wednesday, leaning on incentives rather than sticker-price cuts to revive demand as its deliveries run well behind the pace its 550,000-vehicle annual target requires.

Leapmotor posted a third consecutive monthly delivery record in June, as the Stellantis-backed automaker pressed toward a 2026 target of one million units.

Nio, XPeng and Li Auto, the three largest US-listed Chinese NEV makers, have converged on almost the same market value — about $12 billion each — even as the rivalry among the three escalates.

A Rivian R2 carrying a roof-edge LiDAR was photographed near the company's Irvine, California headquarters, as the EV maker tests the new sensor suite.

Li Auto delivered 30,895 vehicles in June, its lowest month of the quarter, capping a second quarter of 98,330 that held roughly flat with the first even as the company worked through a reset of its flagship L-series lineup.

Xiaomi said on Wednesday that it delivered "more than 30,000" vehicles in June across China, holding above that mark for a third straight month.

Onvo, the family-oriented sub-brand of Nio, said on Wednesday that it delivered 11,743 vehicles in June — up 83.5% from a year ago.

Firefly, the compact, high-end marque of Nio, delivered 6,946 vehicles in June, marking its strongest month of 2026.

XPeng delivered 40,126 vehicles in June, its strongest month of 2026, a result that carried second-quarter deliveries to 103,295 and landed the quarter inside the 100,000-to-106,000 range founder and CEO He Xiaopeng guided to.

Nio Inc. reported 40,597 vehicle deliveries in June, its strongest month of 2026, closing out a second quarter that fell just short of the 110,000-to-115,000 range the company had guided across its three brands.

Tesla has hired Gary Jiang, a semiconductor manufacturing veteran of nearly 18 years at Intel, to serve as director of its Terafab chip-fabrication project in Austin.

Rivian began showing US reservation holders for its R2 electric SUV an estimate of when they can expect an invitation to order, meeting a self-imposed end-of-June deadline as windows appeared in customer accounts on Tuesday.

The labor leaders of Volkswagen's software unit CARIAD warned management on Monday against buying a ready-made driver-assistance system from an outside supplier, casting the decision as a threat to the jobs and know-how the company spent years and billions of euros trying to build in-house.

Lucid is preparing a follow-up software update to repair bugs introduced by the largest over-the-air release of the year, customer-service representatives told owners this week — three weeks after the UX 3.6 update began reaching the Gravity SUV.

Rivian faces its self-imposed deadline on Tuesday to show every US reservation holder waiting for its R2 electric SUV an estimate of when an order invitation should arrive.

Tesla said on Tuesday it had begun engineering tests of its first production Cybercab on public roads in Austin.

Uber confirmed onboard Monday that it is preparing a new autonomous-vehicle partnership in Phoenix, days after its robotaxis from Alphabet's Waymo vanished from the app there, ending a nearly three-year arrangement in the city.

Mirattery, the battery-asset operator behind Nio's Battery-as-a-Service business, raised a combined 2.02 billion yuan ($278.8 million) on June 30 across two green asset-backed offerings, pricing their senior tranches at a record-low 1.68%.

Nio owners across China were locked out of their cars on Monday after the company's smartphone app crashed on Apple devices, disabling the Bluetooth digital keys many drivers use to unlock their vehicles.

Rivian's software chief said on Monday that Pet Mode will reach the R2 in the company's next over-the-air update, fixing the timing for one of the familiar features the midsize SUV lacked at launch.