On August 19, XPeng Motors officially released its Q2 2025 financial results. In the second quarter of this year, XPeng delivered 103,181 smart electric vehicles, reaching a record high with a year-over-year increase of 241.6%. Revenue reached 18.27 billion yuan, a record high, up 125.3% year-over-year. Gross margin reached 17.3%, a record high, improving 3.3 percentage points year-over-year. Automotive gross margin reached 14.3%, a record high, up 7.9 percentage points year-over-year, achieving eight consecutive quarters of growth.

Auto News Item 2: XIAOMI-W Q2 Financial Results: Total Revenue Exceeds 100 Billion Yuan Again/Plans to Enter European EV Market in 2027

Recently, XIAOMI-W released its second quarter financial results, with total revenue of 116 billion yuan, marking three consecutive quarters of revenue exceeding 100 billion yuan, up 30.5% year-over-year. Adjusted net profit reached 10.8 billion yuan, up 75.4% year-over-year. Revenue from smart electric vehicles, AI and other innovative businesses reached 21.3 billion yuan, entering a fast track of scaled growth. Meanwhile, in terms of R&D, the group invested 7.8 billion yuan, up 41.2% year-over-year, with expected total investment of 30 billion yuan this year. R&D personnel totaled 22,641, a record high.

Notably, Lu Weibing, Partner and President of XIAOMI-W, revealed during the earnings call that the company is confident in achieving its annual delivery target of 350,000 Xiaomi vehicles, and that Xiaomi will officially enter the European electric vehicle market in 2027.

For XIAOMI-W's smartphone business, in China's 4,000-5,000 yuan price segment, market share reached 24.7%, ranking first; in the 5,000-6,000 yuan price segment, market share was 15.4%, up 6.5 percentage points year-over-year. Smart home appliance revenue surged 66.2% year-over-year, with air conditioner shipments exceeding 5.4 million units, reaching a record high.

In global markets, Xiaomi smartphones rank in the top three in 60 countries and regions, and top five in 69 countries and regions, with second place in Europe, first place in Southeast Asia, and stable second place in Middle East and Latin America markets.

Xiaomi automobiles delivered 81,302 units in Q2, with cumulative deliveries reaching 300,000 units from brand inception through July this year.

Auto News Item 3: GAC's All-New "Xingyuan Range Extension" Technology Officially Released, First Equipped on Hyper HL Extended Range Version

On August 19, GAC released its "Xingyuan Range Extension" technology, which debuted on the Hyper HL Extended Range version. With "Xingyuan Range Extension" technology, the vehicle can provide 350 kilometers of pure electric range, with maximum comprehensive range reaching 1,369 kilometers.

GAC's range extension system "Xingyuan Range Extension" can achieve electric conversion efficiency of 3.73 kWh/L, with sedan depleted battery fuel consumption as low as 3.3L/100km and SUV depleted battery fuel consumption as low as 5.3L/100km, featuring industry-first crankshaft direct-connected oil-cooled generator.

Addressing pain points of many range-extended vehicles such as high fuel consumption and insufficient power in depleted battery state, as well as obvious noise and vibration, GAC has specifically developed a solution to eliminate the depleted battery experience - "Xingyuan Range Extension," with three core breakthroughs of "ultra-high efficiency, ultra-powerful, ultra-quiet" to reconstruct the range-extended vehicle user experience.

Auto News Item 4: Reports Suggest FAW Plans to Acquire Around 10% Stake in LEAPMOTOR as Strategic Shareholder

On August 20, according to media reports, FAW is planning to invest in LEAPMOTOR to become a strategic shareholder of the company. Sources revealed that FAW plans to make an initial tender offer for approximately 10% of LEAPMOTOR shares, and this proposal is currently being circulated and advanced within relevant departments at FAW.

Previously, LEAPMOTOR released its 2025 interim financial results on August 18, showing that in the first half of 2025, LEAPMOTOR achieved positive net profit for the first time in a half-year period, becoming the second company among China's new energy vehicle startups to achieve half-year profitability.

In the first half of 2025, LEAPMOTOR delivered 221,664 new vehicles, ranking first among Chinese new energy vehicle brands in sales volume, representing a 155.7% increase compared to the same period in 2024. Operating revenue reached 24.25 billion yuan, up 174% compared to the same period in 2024. Gross margin was 14.1%, reaching the company's highest half-year gross margin since establishment. Meanwhile, LEAPMOTOR maintains abundant cash on hand of 29.58 billion yuan, with positive operating cash flow and free cash flow.

This covers the latest automotive news of the day, please continue to follow for more updates.