LEAPMOTOR

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🚨 China’s Largest-Ever Auto Recall - 7 Million Vehicles Affected!

China just announced the biggest recall in its auto industry history, over 7 million cars are being called back. 📉

🔍 The Safety Issue:

The problem: interior emergency door releases are too hard to spot as they match the trim colour. In a serious crash that knocks out the electrics, passengers could be trapped because the mechanical release is hidden. ⚠️

📊 Who’s Impacted:

• Tesla: ~2.97 million vehicles (Model 3/Y/S/X) 🚗

• Xiaomi: 390,435 SU7 series 🚗

• Leapmotor: 371,200 🚗

• Xpeng: 264,842 🚗

• Also: Zeekr, Chery, Geely, Arcfox

🛠️ How They’ll Fix It:

Free warning labels, OTA software updates to roll down windows after a crash, and replacing release covers with clearer, labelled versions.

This comes from new mandatory standard GB 48001–2026, requiring proper mechanical door releases for emergencies.

📷 Full breakdown of risks and fixes in the infographic! 👇

Source:! BREAKING: China’s biggest auto recall hits Tesla, Xiaomi, Leapmotor and others over door escape risk- CnEVPost (21 Aug 2026)

1/ Xiaomi Q1 2026 results due tonight, 7:30pm Beijing. Supply chain contacts say SU7 Ultra production is running ahead of schedule. One number I'm watching above everything else: auto gross margin. 🚗

2/ FY2025 EV segment hit RMB 106.1 billion, up 224% YoY. First time Xiaomi auto crossed the RMB 100 billion mark. The Q1 question: did momentum hold, and did gross margin improve from the ~20% level reported at year end?

3/ Also tracking: memory component cost headwind. Xiaomi flagged this earlier in Q1 as a watch item. At their scale, component pricing swings matter for gross margin. Could surprise either way.

4/ One thing I confirmed: tonight's earnings call will include a dedicated Q&A section on the auto segment roadmap. Management is clearly signalling that SU7 volume and margin trajectory is the story. That's new. Listening carefully. 📱

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