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On the evening of September 1, NIO founder Li Bin stated during the Q2 2026 earnings call that the company's overall gross margin was 18.4%, with vehicle gross margin at 18.5% and other sales gross margin at 17.0%. Despite significant increases in raw material costs, strong sales of high-margin models and cost optimization supported the gross margin level.

On September 1, the Human Resources and Social Security Bureau of Dazu District, Chongqing, reported that in response to the recent labor dispute involving 'Xiao Gu', after verification, the employer had fully paid the amount determined by the judgment on August 27. The case went through labor arbitration, first trial, and second trial. On August 21, the Chongqing First Intermediate People's Court issued a final judgment ordering the company to pay 63,800 yuan. The plaintiff 'Xiao Gu' disputes the overtime pay determination, has applied for retrial, and plans to continue seeking rights regarding social insurance and housing fund.

According to BYD's announcement, new energy vehicle sales in August 2026 reached 440,300 units, up 17.9% year-on-year, with production at 440,700 units, up 24.8%. However, cumulative sales from January to August totaled 2.668 million units, down 6.84% year-on-year, and cumulative production was 2.6751 million units, down 4.73%. August exports were 189,500 units, a record high for a single month. Analysts believe the monthly rebound is related to export growth, but the cumulative decline trend still warrants attention.

Chery Group announced its August performance, with sales reaching 280,000 units, of which new energy vehicles contributed 120,000 units, showing impressive results. More notably, its exports grew over 50% year-on-year, making it the first Chinese automaker to surpass 7 million cumulative exports. #ChineseBrandsGoingGlobal#