[Volkswagen] On July 26, Volkswagen invested $700 million in Chinese EV maker Xpeng, gaining a 4.99% equity stake. This investment aligns with Volkswagen’s focus on the EV market and could enhance Xpeng’s market position and capabilities in China’s growing EV sector. — CNC

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Volkswagen invested 700 million USD in Xpeng and obtained 4.99% equity

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[AutoNavi] On July 26, AutoNavi(Gaode) Maps announced on its official Weibo that the international map service will officially go live on September 2 this year. The international map service will use AutoNavi’s latest technology and provide LBS services in more than 200 countries and regions worldwide based on the global positioning capabilities of the Beidou system. — Sina Weibo

[Denza] On July 26, considering the differentiated pure electric range needs of users, Denza will launch the D9 DM-i Supreme in August. The pure electric range of this model is 98km, and it is equipped with a 45kW fast charge and a 6kW external discharge function. At that time, it will complement the existing 190km and 180km pure electric range of the D9 DM-i. — CNC

[AITO] According to the AITO Auto public WeChat account, AITO officially announced the official price and rights of the standard version of AITO M5 on July 25. The official price of the AITO M5 series standard version is: ATIO M5 rear-wheel drive standard version is 249,800 yuan (35,000 USD), and ATIO M5 four-wheel drive standard version is 269,800 yuan (37,700 USD).– Daily Economic News