Hydrogen Push: China’s hydrogen industry is scaling fast, with renewable hydrogen capacity topping 250,000 tons/year and plans for major breakthroughs in industrial scale and commercial use in 2026-30. NEV Momentum: July NEV sales hit a record—NEVs made up over 60% of monthly new car sales for the first time, even as overall car deliveries slid. EV Demand Pressure: EV deliveries fell again in July as incentives fade and price wars weigh on demand, raising concerns for weaker players. Rare Earth Supply: China is expanding the Bayan Obo rare earth mine in Inner Mongolia by 50% to boost ore processing capacity and secure critical-mineral supply. Auto Globalization: Chinese automakers are shifting from exporting to local production in Africa, with Chery moving into South Africa’s Rosslyn plant to build EV and plug-in hybrid models. Europe Supply Chain: Chinese parts makers are quietly increasing control of Europe’s car supply chain through acquisitions, worrying policymakers as export pressure grows. Weather Disruption: Typhoon Dolphin’s remnants battered Beijing and other regions, forcing bus cancellations and shutting tourist sites. Logistics & Trade: China-ASEAN trade keeps deepening, with intermediate goods driving growth and freight trains linking Guangxi with Vietnam running daily. AI Infrastructure: DeepSeek and other Chinese AI firms are hiring to build their own computing infrastructure, extending beyond “asset-light” models. Shipping: An Iranian owner placed a new container ship order at a Chinese yard, signaling continued China-linked fleet expansion.