Buick launches Electra L7 BEV in China, starting at $25,000 with 702-km range
CnEVPost·- General Motors 's Buick brand launched the Electra L7 BEV sedan in China with a starting price of about $25,000. - The mid-to-large sedan is built on an 800 - volt platform, features an 80.6 - kWh CATL LFP battery, and delivers a CLTC range of 702 km. - The model aims to expand Buick 's sedan lineup and compete directly with electric sedans from Toyota, Xiaomi, and Luxeed in China.Tesla's Giga Shanghai rolls out 6 millionth battery pack
CnEVPost·- Tesla's Giga Shanghai produced its 6 millionth battery pack, taking about 9 months to grow from 5 million to 6 million units. - Despite strong manufacturing milestones and record monthly exports of 66,330 vehicles in July, Tesla experienced declining domestic sales in China. - The company is working to boost local demand by expanding its product lineup, including a new Model Y variant.Top battery makers' share in China in July 2026: CATL 42.33%, BYD 19.23%
CnEVPost·- China's domestic power battery installations totaled 74.6 GWh in July 2026, marking a 33.5% year-on-year increase. - CATL remained the largest power battery maker with a 42.33% market share, while BYD ranked second with 19.23%. - LFP batteries accounted for a record 84.6% of the overall market, whereas ternary batteries dropped to an all-time low of 14.9%.