Nio Group's cheapest sub-brand Firefly announced on Thursday that it is launching its first major operating system update.

Geely Holding Group's premium brand Polestar, which is headquartered in Sweden, sold 2,667 vehicles last month across ten out of eleven markets — a 22.2% increase from 2,182 vehicles sold a year ago.

Rivian reported on Tuesday its second quarter earnings results, returning to negative gross margins and raising its full-year adjusted EBITDA loss forecast to over $2.0 billion.

Chinese automaker XPeng sold about 1,509 vehicles across its Europe in July, according to national insurance registration data, a 187.4% surge from the 525 vehicles it is estimated to have sold in July 2024.

Bank of New York (BNY) filed on Wednesday its quarterly portfolio update with the US Securities and Exchange Comission, revealing that it showed that the firm has adjusted its stake in the EV makers Lucid Motors, Rivian, and Tesla.

Chinese tech giant and EV maker Xiaomi has hired Kai Langer, a former designer for German legacy automaker BMW for over 20 years.

EV maker Rivian released its second quarter financial results on Tuesday, reporting a return to a negative gross margin and an accumulated deficit of nearly $25 billion, a record in the industry.

Tesla's CEO Elon Musk said on Tuesday that the company is testing a new Full Self-Driving (FSD) model, which could be "ready for public release" by the "end of next month."

Shares of the Irvine-based EV maker Rivian plunged by 7% on Wednesday's pre-market trading session after the company returned to negative gross margins in the second quarter and raised its full-year adjusted EBITDA loss forecast.

XPeng sold 9,100 vehicles in the week of July 28 to August 3, up from 8,400 units in the final full week of July, according to industry data released on Tuesday.

Chinese carmaker XPeng, which entered Germany just over a year ago, sold 266 vehicles in July, reaching a new monthly record in the country.

Geely-backed Zeekr registered 2,910 vehicles in China between July 28 and August 3, according to industry data shared on Chinese social media this Tuesday.

Data from Germany's Federal Motor Transport Authority (KBA) showed on Tuesday that Polestar sold 670 vehicles in July, a new record for the brand in Germany since August 2023, when it had registered 754 vehicles.

Tesla registered 1,110 units in Germany last month, according to data released on Tuesday by the Federal Motor Transport Authority (KBA).

China’s giant BYD sold 60,930 vehicles from July 28 to August 3, industry data shared on Chinese social media showed this Tuesday.

Geely-backed brand Polestar sold 820 vehicles in the UK last month, just four additional units than the 816 EVs registered a year ago.

After setting its highest sales figures year to date in June, with 7,719 vehicles, Tesla's vehicle registrations in July plunged by 59.9% year over year to 987 units — data from the Society of Motor Manufacturers and Traders (SMMT) showed on Tuesday.

The Japanese bank Sumimoto Mitsui Trust Holdings (SMBC) raised its stake by nearly 8% in Rivian to over 1.8 million shares during the second quarter, according to a new filing with the Securities and Exchange Commission.

Polestar sold 179 vehicles in the Netherlands last month, according to data released last Friday by the national association BOVAG.

XPeng registered 77 vehicles in the Netherlands in July, up 14.9% from June and 28.3% higher than the same month last year, or 17 additional units.