Xiaomi’s EV division reported Q2 revenue growth of 31% year‑on‑year, while the company’s smartphone sales fell 2.1%. Bloomberg Intelligence analysts Steven Tseng and Sean Chen noted a 3.2 percentage‑point rise in EV gross margin and said the unit could reach profitability around the turn of the year. Xiaomi aims to be among the world’s top five automakers in 15–20 years. #Xiaomi #EV #FiatNews

China’s EV market is embroiled in a price war: major makers Li Auto and BYD reported July delivery declines, while smaller manufacturers Leapmotor, Xpeng and Xiaomi posted growth. The shifts underscore mounting competitive and pricing pressures across segments. #EV #BYD #FiatNews

Nio, long focused on luxury EVs, has struggled against lower‑priced rivals and launched mass-market brands Onvo and Firefly to broaden reach. The ES8’s pricing places it among China’s most affordable premium SUVs (premium range typically 338,000–768,000 yuan); Nio’s cheapest model remains the ET5T sedan from 298,000 yuan. Onvo’s L90 was introduced earlier. #Nio #Onvo #FiatNews

Nio unveiled a lower‑priced ES8 SUV priced at 308,800 yuan (~$43,000) under its battery‑subscription program, signaling intensified price competition in China’s EV market. U.S.-listed shares rose 9.27% to $5.54 on Thursday and climbed about 7% in Friday premarket; Hong Kong shares gained ~10%. Deliveries are slated to start late September. “New‑generation ES8 … is priced at a very competitive level,” said Vincent Sun of Morningstar. #Nio #EV #FiatNews

ČEZ and possible nationalisation: ANO’s Karel Havlíček discussed buying ČEZ via a "French route" — a takeover with a premium — citing simpler decision‑making, differing shareholder views and energy security. Uher notes the share is stuck near 1,230–1,240 Kč: "It’s a patient without a pulse." #CEZ #FiatNews

Novo Nordisk: In Europe, Uher has opened initial positions with clients as the stock rebounds from lows and valuation begins to look reasonable. He advises caution and recommends using stop‑losses given remaining uncertainty. #NovoNordisk #FiatNews

Uber: Martin Uher highlights Uber as a US stock to watch, trading around $94 after a pullback. He argues Uber could become a consolidator of autonomous ride‑hailing services given its large customer base and long‑term potential. #Uber #FiatNews

Nvidia valuation and outlook: Uher notes Nvidia appears cheaper than at most points in the past five years on several long‑term averages. He sees potential upside after the company's results due on 27 August. #Nvidia #FiatNews

Nvidia and China: Nvidia received permission to export H20 AI chips to China, but Beijing reportedly discourages purchases over alleged “backdoors.” Martin Uher doubts that’s the real motive, saying China aims to catch up and develop its own chips. #Nvidia #FiatNews

#Fed/Jackson Hole: Market awaits Jerome Powell's speech after Fed minutes showed many participants prioritise inflation over labour‑market concerns. Martin Uher expects no rate cut in September: "I will predict that in September we will see stability. A cut may come later." #Fed #JacksonHole #FiatNews