Author: Linda Ma

Zeekr has introduced a five-seat version of its flagship 9X luxury hybrid SUV in China, lowering the entry price of the model as the premium electric vehicle brand looks to broaden its customer base amid intensifying competition in the high-end SUV segment. The new variant is now on sale with a limited-time starting price of 451,900 yuan ($66,530), below the 465,900 yuan launch price of the six-seat version introduced in September 2025. Lower Entry Price Expands 9X Lineup The five-seat Zeekr 9X is offered in three variants: Ultra, Hyper, and Obsidian Black. https://evmagz.com/zeekr-expands-7-gt-launch-to-16-european-markets/ The models are priced at 471,900 yuan,…

BYD has previewed its upcoming Da Han flagship sedan, revealing that the battery-electric version will offer a claimed driving range of 1,008 kilometers as the automaker expands its premium Dynasty lineup. The Chinese new energy vehicle manufacturer said the new Dynasty 9-series sedan will make its public debut at the Chengdu Auto Show in August. https://evmagz.com/byd-reveals-additional-exterior-details-of-upcoming-qin-max-sedan/ Flagship Sedan Targets Premium Segment BYD announced the upcoming launch during an event in Xinjiang marking the delivery of the 10,000th Da Tang EV, the company’s flagship sport utility vehicle under the Dynasty brand. Lu Tian, general manager of sales for BYD’s Dynasty lineup,…

GWM has officially launched the new-generation Tank 300 SUV in China, introducing a comprehensive update to one of the flagship models in its premium off-road vehicle lineup. The new Tank 300 is offered in five variants featuring gasoline, diesel and plug-in hybrid powertrains. Prices start at 199,800 yuan (US$29,499) for the gasoline model and 234,800 yuan for the diesel version. The long-wheelbase Tank 300L Hi4-T plug-in hybrid starts at 249,800 yuan, while the Tank 300L Hi4-Z is priced at 259,800 yuan. Both hybrid models were launched at prices 10,000 yuan below their pre-sale prices announced earlier this month. https://evmagz.com/gwm-launches-updated-tank-400-suv-with-hybrid-and-ice-options/ Expanded…

Xiaomi has disclosed additional specifications for its upcoming Sky Nomad lineup, revealing that its first extended-range sport utility vehicles (SUVs) will offer a maximum CLTC all-electric driving range of 505 kilometers and battery capacities of up to 76 kWh. The company said the Sky Nomad series is designed to maximize electric driving for everyday use while employing a gasoline-powered range extender to reduce charging concerns during long-distance travel. The specifications position some Sky Nomad variants close to mainstream battery electric vehicles (BEVs) in terms of pure-electric driving capability, allowing many users to complete daily commuting without activating the range extender.…

BYD has filed a next-generation version of its Seagull battery-electric vehicle with China’s Ministry of Industry and Information Technology (MIIT), completing a key regulatory step ahead of the model’s launch in the domestic market. The filing, published in the ministry’s latest catalog of new vehicle models on July 10, includes two battery-electric variants of the Seagull. Larger Dimensions and More Powerful Motor According to the filing, both versions measure 4,205 millimeters in length, 1,810 mm in width and 1,570 mm in height, with a wheelbase of 2,650 mm. Both are configured with five seats. Compared with the current Seagull, the…

BYD’s premium brand Denza has unveiled the all-electric Denza Z at the Goodwood Festival of Speed in the United Kingdom, marking the European debut of the brand’s first two-door electric supercar. According to Denza, the model is the first Chinese-developed electric supercar to enter the European market. The Denza Z will be offered in three variants. The Coupe is priced at £142,900, while the Spider convertible starts at £159,900. A track-focused Racing version will be available from £172,900. Pre-orders in the United Kingdom are scheduled to begin in October, with first customer deliveries expected before the end of 2026. In…

Xpeng has opened pre-sales for the Mona L03, the first sport utility vehicle in its Mona lineup, ahead of the model’s official launch in China on July 16 as the company expands its product portfolio and targets younger buyers. At a launch event in Beijing, Xpeng announced six variants of the Mona L03 with pre-sale prices ranging from 143,800 yuan (approximately US$21,200) to 165,800 yuan. The company describes the vehicle as a smart and stylish SUV designed for first-time car buyers and younger consumers. Following its China launch, the Mona L03 is scheduled to make its global debut in Europe.…

Mirattery, the battery asset management company supporting Nio Inc.’s battery-as-a-service (BaaS) business, has launched two green asset-backed securitization products with a combined issuance value of more than 2 billion yuan, expanding its financing activities for battery services and clean technology. The company said its Phase 2 Green Technology Innovation Asset-Backed Special Plan was established on June 30 on the Shanghai Stock Exchange with a total issuance of 971 million yuan (approximately $143 million). On the same day, Mirattery also completed the issuance of its third Green Asset-Backed Medium-Term Notes (ABN) of 2026, valued at 1.05 billion yuan. Financing Costs Reach…

Li Auto has officially entered the Macau market with the opening of its first retail center in the city, marking a new milestone in the Chinese electric vehicle maker’s international expansion strategy. The company partnered with Guangdong Hongyue Automobile Sales Group to establish the retail outlet. Guangdong Hongyue also serves as the exclusive general distributor for Nio in Macau. The expansion represents Li Auto’s first entry into the Hong Kong and Macau market, with the company positioning Macau as a gateway to the broader Asia-Pacific region. First Retail Center Opens The new retail center allows customers in Macau to experience…

Nio founder, chairman and chief executive officer William Li expects new energy vehicles (NEVs) to account for more than 90% of new vehicle sales in China by 2030, with battery electric vehicles (BEVs) representing more than 90% of the country’s NEV market. Li shared the outlook during the 2026 Nio Partner Day on Friday, according to a Weibo post by Nio Vice President of Brand and Communications Ma Lin. Confidence in Full Electrification According to Ma, Li’s forecast is based on several factors that have accelerated China’s transition toward electrification over the past two years. These include rapid changes in…

BYD is reportedly preparing a major restructuring of its research and development operations, shifting from a technology-centered organization to a more brand-focused structure as China’s largest electric vehicle manufacturer seeks to sustain growth in an increasingly competitive market. According to local media outlet Jipian Lab, BYD plans to reorganize its Engineering Academy into five independent research institutes aligned with its major automotive brands: Dynasty, Ocean, Fang Cheng Bao, Denza, and Yangwang. Brand Research Institutes Gain Greater Authority Under the proposed restructuring, the five brand-specific research institutes would be elevated to a level similar to that of the Engineering Academy. The…

Zeekr, the premium electric vehicle brand owned by Geely Auto, has surpassed 800,000 cumulative vehicle deliveries, highlighting the rapid growth of the Chinese automaker in the increasingly competitive premium mobility market. The company announced the milestone on Tuesday, noting that its vehicles are now available in more than 50 countries and regions worldwide. Deliveries continue to surge Zeekr delivered a record 34,377 vehicles in May, bringing cumulative deliveries to 786,090 units as of the end of the month. Based on the latest milestone announcement, the company has delivered more than 13,910 additional vehicles in June, pushing total deliveries beyond the…

Chinese battery manufacturer CATL has cautioned that mass adoption of all-solid-state batteries in electric vehicles remains several years away, with the technology unlikely to reach widespread commercial deployment before 2030. Speaking in an interview with Caijing, CATL founder and CEO Robin Zeng said significant technological and manufacturing challenges still need to be overcome before solid-state batteries can be produced at scale for mainstream vehicles. According to Zeng, the first commercial applications are likely to be confined to premium vehicle platforms priced above 250,000 yuan (approximately €32,000), reflecting the high costs associated with the emerging technology. Commercialization Still in Early Stages…

China’s Guangdong province has unveiled a major infrastructure strategy aimed at accelerating electric vehicle adoption, with plans to build more than 3 million charging facilities by the end of 2027 to support a rapidly growing fleet of new energy vehicles (NEVs). The action plan, jointly issued by eight provincial government departments including the Guangdong Provincial Development and Reform Commission, seeks to expand charging access across urban centers, highways and rural areas while promoting next-generation charging technologies. Charging Network Expansion Targets 8 Million NEVs Under the plan, Guangdong aims to establish a charging network capable of supporting more than 8 million…

Nio has strongly rejected a decision by the US Department of Defense (DOD) to include the Chinese electric vehicle manufacturer on its list of “Chinese military companies,” describing the designation as unjustified and signaling it may pursue legal action to challenge the move. The company said it is neither a Chinese military company nor a contributor to China’s military-civil fusion program, responding after the Pentagon formally added Nio to the list under Section 1260H of the US National Defense Authorization Act. In a statement issued Tuesday, Nio sought to reassure investors that the designation does not constitute economic sanctions and…

Nio has entered into a strategic partnership with Chinese semiconductor supplier GigaDevice to jointly develop automotive-grade chips and support the next generation of intelligent electric vehicles. The agreement, announced by GigaDevice on Friday, focuses on collaborative innovation in automotive semiconductors, with the two companies aiming to accelerate the development of advanced chips for smart cockpits, intelligent driving systems, and future vehicle electronic architectures. Joint Development of Automotive Chips Under the partnership, GigaDevice will leverage its expertise in chip design and large-scale semiconductor manufacturing to provide high-performance automotive-grade memory and microcontroller products for Nio’s future vehicle lineup. The Beijing-based semiconductor company…

CATL’s Chocolate Swap battery-swapping network has expanded to 1,650 stations across China, underscoring the company’s ambition to transform from a battery manufacturer into a comprehensive energy services provider. The company announced that its battery-swapping infrastructure now spans 127 cities nationwide, up significantly from its plan unveiled in June 2025 to build 1,020 stations across 45 cities by the end of that year. According to CATL, the network has been growing at an average pace of more than 200 new stations per month over the past six months. Building a Nationwide Swapping Network CATL said it aims to expand the Chocolate…

A senior official at the China Passenger Car Association (CPCA) has called for reforms to China’s road taxation system, arguing that the rapid growth of new energy vehicles (NEVs) requires a new approach to funding road infrastructure. Cui Dongshu, secretary general of the CPCA, said the current system, which relies largely on fuel consumption-related taxes, is becoming increasingly outdated as electric vehicles gain market share. NEV Growth Reshaping the Market Cui’s comments come as China’s passenger vehicle market continues its transition toward electrification. According to preliminary CPCA data, new energy vehicles accounted for 63% of passenger vehicle retail sales in…

Leapmotor delivered a record 81,569 vehicles in May, marking its highest monthly sales total to date as the Chinese electric vehicle manufacturer continued to benefit from strong demand in its home market. The May figure represented an 80.99% increase from a year earlier and a 14.26% rise from April, according to data released by the company. The result surpassed the previous monthly record of 71,387 vehicles set in April. The latest performance extends a period of rapid growth for the automaker, which has emerged as one of China’s fastest-growing new energy vehicle brands. Incentives and New Models Support Growth To…

Huawei’s Harmony Intelligent Mobility Alliance (HIMA) reported vehicle deliveries of 46,122 units in May, extending its recovery from a slower start to the year as new model launches contributed to stronger sales momentum. According to data released by HIMA, May deliveries increased 3.77% year-on-year and rose 40.79% compared with April. The result marked the second consecutive month of sequential growth after deliveries increased 23.17% month-on-month in April. January-May Deliveries Rise From January through May, HIMA delivered approximately 192,000 vehicles, representing a 26.5% increase compared with the same period in 2025. The alliance attributed the improvement largely to the introduction of…