With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.Valeo wins advanced radar order from North American EV makerValeo has secured a new order from a North American electric vehicle manufacturer to supply a complete corner radar solution—including hardware and embedded software—for the automaker's Level 2+ and Level 3 intelligent driving systems. The latest-generation radar platform is designed to support key safety functions such as automatic emergency braking (AEB), lane keeping assist (LKA), and Safe Exit Protection (SEP), while enabling advanced driving and automated parking capabilities.The radar system delivers 50 times the resolution of the previous generation and supports OTA upgrades that allow automakers to unlock hands-free driving functionality. Built on a modular platform, the solution can be configured for applications ranging from entry-level ADAS to Level 3 automated driving without increasing hardware complexity. The radar suite complies with global regulatory requirements, supports five-star NCAP safety ratings and the EU General Safety Regulation (GSR), while the forward radar provides detection ranges of up to 250 meters and the corner radar enables functions including blind spot monitoring, lane change assist, rear cross-traffic alert, and advanced parking assistance.Leapmotor posts record global deliveries in JuneLeapmotor delivered 93,376 vehicles globally in June 2026, up 95% year over year and setting a new monthly sales record. Global deliveries reached 356,487 units in the first half of the year, while cumulative deliveries surpassed 1.5 million units as of June 18, 2026.Overseas performance remained strong, with exports approaching 100,000 units in the first half of the year, exceeding the company's total exports for all of last year. In Italy, Leapmotor captured more than one-third of the battery electric vehicle market, with the T03 remaining the country's best-selling BEV. The company also continued expanding its product lineup, launching the D99 flagship MPV on June 25 at prices ranging from 249,800 yuan to 319,800 yuan. Meanwhile, Leapmotor announced that it will introduce a series of new technologies in the second half of the year, supported by its full-stack in-house development capabilities.Chery reduces stake in LUXEED as management joins shareholder structureThe shareholding structure of Anhui LUXEED New Energy Vehicle Co., Ltd. changed on June 30, with Chery Automobile Co., Ltd.'s stake reduced from 100% to 85%. The remaining 15% was transferred to companies associated with Guo Rui, Zhao Changjiang, and Zhu Xiaodong through two Wuhu-based limited partnerships.The equity adjustment is part of the continued implementation of the LUXEED Brand Strategy 2.0 announced by Chery and Huawei in August 2025, which included more than 10 billion yuan of investment, a 5,000-member R&D team, and the establishment of LUXEED as an independent legal entity. Although the management team has become a shareholder through the new ownership structure, Chery remains the controlling shareholder with an 85% stake, retaining control over the company's core business decisions.
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