Tight Supply and Rising Costs Keep Malaysia Rebar Prices Firm

[SMM Analysis] The IRS adjusts tax credit rules for electric vehicles, potentially boosting U.S. EV production and sales in the third quarter.

[SMM Analysis] On February 27, Xiaomi launched the SU7 Ultra, priced at 529,900 yuan. At 00:24 on February 28, Xiaomi Auto's official Weibo announced that over 10,000 units were pre-ordered within 2 hours of the launch.

[SMM Analysis] US IRS Adjusts EV Tax Credit Rules, Potentially Boosting US Q3 EV Production and Sales

[SMM Analysis] From August 22 to 26, 2025, the US Internal Revenue Service (IRS) issued clarification notices through platforms such as NPR and CNBC, announcing new adjustments to the soon-to-expire EV tax credit policy (up to $7,500). As long as consumers sign a legally binding car purchase contract with a dealer and make any form of down payment or trade-in by September 30, 2025 (inclusive), they can lock in the federal EV tax credit. The vehicle delivery date thereafter will no longer affect tax credit eligibility.

SAIC Motor opens first Wuling-MG joint brand experience center overseas

SGMW kicks off presales of Binguo S, starting at 68,800 yuan

Black Sesame Technologies, DEEP Robotics form strategic partnership to drive embodied AI, global market growth

Zeekr begins presales of Zeekr 9X flagship SUV

BYD announces foray into Argentine market

BYD logs 23.3% YoY jump in H1 2025 revenue

IDRIVERPLUS, Senyuan Group form cooperation on special-purpose autonomous vehicles