domestic news

Ministry of Finance: Vehicle purchase tax from January to July was 133.7 billion yuan, a year-on-year increase of 13%

Recently, the Ministry of Finance announced the fiscal revenue and expenditure from January to July 2026. Among the general public budget revenue, vehicle purchase tax was 133.7 billion yuan, a year-on-year increase of 13%. Other tax revenue such as vehicle and vessel tax, ship ton tax, and tobacco leaf tax totaled 73.8 billion yuan, a year-on-year increase of 0.2%. Among the general public budget expenditures, transportation expenditures were 618.2 billion yuan, a year-on-year decrease of 2.5%.

Chongqing promotes the electrification of vehicles in the public sector and promotes the application of pure electric and hydrogen fuel cell commercial vehicles

Recently, Chongqing City issued the "Chongqing City's 15th Five-Year Plan for Beautiful Chongqing Construction (2026-2030)." It proposes to promote low-carbon upgrading of transportation equipment. Actively promote new energy vehicles, promote the electrification of vehicles in the public sector, and promote the application of pure electric and hydrogen fuel cell commercial vehicles. Carry out the construction of zero-carbon transportation channels and build a "zero-carbon corridor". Promote the deep integration of transportation infrastructure and energy networks, and upgrade and build Chengdu-Chongqing "Hydrogen Corridor","Electricity Corridor", and the "Hydrogen Corridor" of the New Western Land-Sea Corridor.

Hangzhou's maximum subsidy for eliminating old diesel trucks is 190,000 yuan per vehicle

Recently, Hangzhou launched a subsidy for the elimination and renewal of old diesel trucks in urban areas, including non-operating trucks and operating trucks with national fifth and national fourth emission standards. The subsidy is divided into two parts: elimination and renewal subsidy and first-year reward, with a cumulative maximum of 190,000 yuan.

From January to July, my country's automobile exports increased by 55% year-on-year

Recently, Cui Dongshu, head of the Railway Federation Branch, issued a document stating that based on data from the General Administration of Customs, China's merchandise trade exports from January to July 2026 were US$2.5237 billion (approximately RMB 17 trillion), a year-on-year increase of 18%. In July, my country's automobile exports reached US$19 billion (approximately RMB 128.019 billion), a year-on-year increase of 60%; from January to July, automobile exports reached US$110.8 billion (approximately RMB 746.554 billion), a year-on-year increase of 55%.

international news

Canada announces retaliatory tariffs on US cars

On August 22, local time, Canadian Prime Minister Carney said that starting from September 8, Canada will impose a 50% reciprocal retaliatory tariff on imported goods such as automobiles and home appliances from the United States. Carney said,"Canada is becoming stronger and less dependent on the United States, and Canadians will always control their own destiny." At midnight on August 21 local time, Canada had decided to suspend trade negotiations with the United States and recalled its negotiating team.

Honda resumes car assembly business at Kumamoto factory in Japan on August 24

According to reports, Honda will resume car assembly operations at its Kumamoto plant in Japan starting August 24, after the factory stopped production due to the earthquake. Honda's plants in Saitama and Mie prefectures in Japan resumed operations on August 20.

Tesla's official website: China is not in the area where FSD can be used. Tesla's North American official website recently updated the global area where FSD can be used

List. In the latest list, only 12 regions are open in the world, and China is not among the available regions announced this time. Among the regions that can use the FSD monitored mode announced on the official website include the United States, Canada, Mexico, Puerto Rico, Australia, New Zealand, South Korea, the Netherlands, Lithuania, Estonia, Denmark, and Belgium.

Uber, Tesla, and Waymo have been allowed to launch up to 8000 unmanned taxis in Las Vegas

The Nevada Transportation Authority recently unanimously approved three licenses, allowing Uber, Tesla and Waymo to launch commercial robotic taxi services in Clark County, where Las Vegas is located. Together, these licenses allow up to 8000 robotic taxis to be put in the county over the next 12 months. Tesla has been approved to deploy up to 5000 robotic taxis;Waymo has been approved to launch up to 1000 autonomous vehicles in the next year. Uber also received a quota of 1000 vehicles and will operate in partnership with Hyundai Motor subsidiaries Motional and Zoox. Zoox itself already holds a self-driving network enterprise license and can independently operate 100 robot taxis. However, it is still unknown whether these companies can launch so many vehicles.

corporate news

Dongfeng Nissan apologizes to car owners

On August 23, Dongfeng Nissan issued an announcement apologizing to car owners. Dongfeng Nissan said that due to a power failure in the server room, online functions such as car owners 'APP login and remote control were unable to be used. It is currently making every effort to repair and strive to restore service as soon as possible. We apologize for any inconvenience caused. Dongfeng Nissan also said that this emergency will not affect the normal driving of the vehicle, and it is recommended that car owners carry physical keys with them to ensure normal travel. If there is an emergency, please call the franchise store as soon as possible, and the service staff will assist in handling it. We will inform you as soon as possible after the function is restored.

GAC Toyota responds to battery maintenance issues for new energy vehicles that expire their 8-year warranty

Recently, the relevant person in charge of GAC Toyota sales issued a document saying that the first batch of new energy vehicles have entered the eight-year warranty period. How to repair the battery if something goes wrong? In this regard, the industry's general practice is to only protect batteries from fire problems caused by quality problems. GAC Toyota's three-responsibility policy incorporates battery fires caused by external forces such as chassis scratches and traffic accidents into the manufacturer's responsibility, comprehensively covering all user scenarios. In addition, a common method in the industry is to only repair faulty batteries. GAC Toyota's three-responsibility policy promises to directly replace all batteries for free whenever a battery fails and needs to be replaced, so as to solve users 'long-term worries about using the car.

Yushu Robot joins the ideal car

Recently, Ideal Automobile officially released a video announcing that Yushu humanoid robot "Benben" passed the interview and obtained a work license and limited work clothes. It officially joined Ideal Automobile, becoming Ideal Automobile's first "silicon-based employee". The robot serves as the AI experience officer and visually displays the vehicle performance through mechanical movements by measuring the zero-gravity seat, smart suspension and other functions of the ideal L9 Livis. At the same time, he also explained the new ideal L9 Livis to the public as a "intellectual and interesting commentator".

Honeycomb Energy's exports increased by 212% in July

Honeycomb Energy recently stated that its exports of power and energy storage batteries increased by 212.1% year-on-year in July, ranking among the top three among the top 10 companies in growth, achieving more than twofold growth. In terms of power battery exports, Honeycomb Energy increased by 204.2% year-on-year in July, also doubling its growth, far exceeding the industry's average growth rate of 62.1% that month.

China Petrochemical's net profit for the first half of the year was 25.6 billion yuan, a year-on-year increase of 19.3%

On August 23, China Petrochemical released its 2026 interim results report. According to China Accounting Standards for Business Enterprises, the company achieved revenue of 1.4366 billion yuan and net profit attributable to shareholders of the parent company of 25.6 billion yuan, a year-on-year increase of 19.3%. At the same time, the company focuses on shareholder returns, and the board of directors decided to pay this interim dividend of 0.105 yuan per share, with a cash dividend payout ratio of 49.5%. The company has implemented domestic and overseas share buybacks for five consecutive years, actively safeguarding corporate value and shareholders 'interests. DeepSeek announced that price increases will start from 0:00 on August 23 DeepSeek announced that price increases will start from 0:00 on August 23 and optimize peak and valley billing rules. It will no longer distinguish peak and valley periods throughout the day on Saturday and Sunday, and will uniformly charge the price according to the peak period. The adjusted billing rule is to maintain both peak and valley pricing on weekdays, peak hours are 9:00-12:00 Beijing time and 14:00-18:00(the rest are idle periods), and the price during trough periods is half of the price during peak periods. As of now, many car companies have connected to DeepSeek.

Source: China Automobile News

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