[FAW] On August 31, FAW (First Automotive Works) of China made an announcement on its official WeChat account that it had held a meeting involving mid-level and senior managers. A senior official from the Organization Department of the Central Committee of the Communist Party announced adjustments to the main leadership of China First Automobile Group Corporation: Qiu Xiandong has been appointed as Chairman and Party Secretary of FAW, relinquishing his role as General Manager. — Economic Observer
[Tesla] On August 31, according to reports from Yiche, the new Tesla Model 3 is set to launch on September 1 (this Friday), based on information from a Tesla sales representative in Nanjing. According to previous reports, the new Model 3 will remove all radars and is expected to be priced at around 200,000 yuan (27,600 USD). — IT Home
[BYD] On August 31, the new BYD Tang lineup was officially launched, with a price range of 249,800 to 309,800 yuan (34,300 to 42,700 USD). The various models include Tang DM-i Champion Edition 200KM and 200KM Deluxe Edition priced at 249,800 yuan (34,300 USD); Tang EV Champion Edition 600KM Deluxe Edition at 249,800 yuan (34,300 USD), 730KM Deluxe Edition at 269,800 yuan (37,000 USD), and 635KM Four-Wheel-Drive Flagship Edition at 299,800 yuan (41,100 USD); Tang DM-p Champion Edition/Warrior Edition priced between 269,800 yuan and 309,800 yuan (between 37,200 USD and 42,700 USD). Various car purchase benefits and policies have also been rolled out. — Sina Auto
[BYD] The BYD Seal EV sedan has entered the Brazilian market, priced at 296,800 Brazilian reals ($60,685 USD). It offers a robust 531 hp and a 530 km WLTP range. Although the car is more expensive in Brazil compared to its price in China, it’s competitively priced against the BMW 3 Series. The launch is part of BYD’s ambitious plans to expand its electric vehicle offerings and manufacturing capabilities in Brazil. — CarNewsChina