Author: Andrew Wang

Li Auto reported a further drop in monthly vehicle deliveries in January, extending a prolonged downturn as competition intensified and overall market conditions remained weak. The automaker delivered 27,668 vehicles last month, down 7.55% from a year earlier and 37.47% lower than December levels, company data released on Sunday showed. January marked Li Auto’s eighth consecutive month of year-on-year declines and its weakest monthly delivery performance since March 2025. As of Jan. 31, 2026, Li Auto’s cumulative deliveries stood at 1,567,883 vehicles. See also: Li Auto Rolls Out Up to Seven-Year Low-Interest Financing in China The company struggled throughout 2025…

Chinese electric vehicle maker Li Auto is continuing to face production constraints for its Li i6 electric sport utility vehicle due to battery supply limitations, even four months after the model’s market launch, the company said. Li Auto has informed some Li i6 customers that deliveries will be delayed because production capacity preparation and ramp-up for unspecified “core components” have not met expectations. According to a company statement cited by local automotive media outlet Yiche on Thursday, affected buyers are being told to expect delivery waits of four to six weeks. See also: Li Auto Launches Li i6 Electric SUV…

Dongfeng Nissan has begun mass production of its new mid-to-large new energy sport utility vehicle, the NX8, at its Huadu manufacturing plant, marking a fresh push by the joint venture into China’s highly competitive electric vehicle market. The NX8, the third model under Dongfeng Nissan’s N series, is built on the company’s Tianyan architecture and will be offered in both battery-electric (BEV) and range-extended electric vehicle (EREV) configurations. The model is expected to reach the Chinese market between March and April this year. See also: Dongfeng-Nissan Releases Official Images of NX8 SUV as Regulatory Filing Clears Key China Hurdle Visually,…

Chery Holding Group’s pickup truck brand Rely Auto has launched its first pure-electric pickup in China, adding momentum to a small but fast-growing segment of the country’s new energy vehicle market. Rely on Tuesday introduced the R08 EV with prices ranging from RMB 127,800 ($18,370) to RMB 158,800, marking the brand’s debut battery-electric pickup. The move follows earlier entries into the electric pickup space by rivals including Radar Auto, owned by Geely. See also: Chery’s LEPAS Brand Unveils LEX Platform for Global New Energy Vehicles The R08 EV measures 5,330 mm in length, 1,920 mm in width and 1,890 mm…

Porsche plans to further shrink its dealership network in China this year as the German luxury carmaker grapples with prolonged sales declines in the world’s largest automotive market, according to Chinese media reports. The Volkswagen Group-owned brand aims to reduce its number of dealers in China by about 30% to around 80 outlets by 2026, Alexander Pollich, chief executive of Porsche China, was quoted as saying by local business outlet Yicai on Monday. Porsche had already cut its dealer count from about 150 to 114 in 2025, the report said. See also: Porsche China Deliveries Fall 26% in 2025 as…

China FAW Group said its vehicle sales reached 3.302 million units in 2025, with revenue exceeding 541.5 billion yuan ($76.4 billion), as the state-owned automaker outlined growth targets and supply chain priorities for the coming planning cycle. The figures were disclosed at FAW’s 2026 Hongqi Supply Chain Partner Conference held on Jan. 21 at Hongqi Hall. FAW said the performance kept the group among the industry’s leading players despite intensifying competition and a rapid transition toward new energy vehicles. See also: Hongqi Tests Solid-State Battery Prototype in First Vehicle Milestone Hongqi, FAW’s premium brand, recorded annual sales of more than…

Li Auto has become one of the most heavily targeted stocks by short sellers among Chinese automakers, as weakening sales and intense competition erode confidence in what was once the sector’s strongest performer. Short positions in Li Auto’s Hong Kong-listed shares rose to 9.6% of free float as of Wednesday, the highest level on record, up from about 1% a year earlier, according to S&P Global data cited by Bloomberg. The company has been the most heavily shorted Chinese automaker since September, Bloomberg data showed. See also: Li Auto Sets 2026 Goal of 550,000 Deliveries, Aiming for 40% Growth Li…

Xpeng said it has begun offering low-interest financing with terms of up to seven years in China, joining a growing list of electric vehicle makers seeking to stimulate demand in a highly competitive market without resorting to outright price cuts. The company said on Thursday via Weibo that customers purchasing any Xpeng model between Jan. 21 and Jan. 31 are eligible for the seven-year low-interest plan across its entire lineup. For the Mona M03 electric sedan, which starts at 119,800 yuan ($17,210), the offer translates into monthly payments as low as 1,355 yuan with a 15% down payment. See also:…

Geely Holding Group aims to sell 6.5 million vehicles globally by 2030, with around three-quarters of that volume coming from new energy vehicles, its chief executive said, underscoring the company’s push to scale up electrification and overseas expansion. Andy An, chief executive of Geely Holding, said at a strategic briefing on Thursday that the group’s ambition is to rank among the world’s top five automakers by sales volume by the end of the decade. By 2030, Geely expects markets outside China to account for more than one-third of total unit sales, with global revenue exceeding 1 trillion yuan ($144 billion).…

Leapmotor’s range-extender (REx) electric vehicle technology could be adopted by other Stellantis brands in Europe as the automotive group looks to deepen technology sharing and improve flexibility in its electrification strategy, the Chinese automaker’s international chief said. The Stellantis-backed brand currently offers its B10 and C10 SUVs with either fully electric powertrains or a range-extender setup, in which a small petrol engine acts as a generator to recharge the battery while driving. Leapmotor says the system enables the C10 Hybrid EV to travel up to 590 miles (950 km) on a combined full battery and fuel tank, with official emissions…

Changan has outlined plans to significantly expand its presence in Europe, targeting the launch of eight new models within three years and the introduction of plug-in hybrid variants to mitigate the impact of European Union tariffs on Chinese-made electric vehicles. The roadmap, presented to journalists and reported by Automotive News Europe, includes an investment of up to €2 billion in the region by 2030, according to Wang Dong, deputy managing director of Changan Europe. The expansion will span three brands — Deepal, Nevo, and Avatr — and marks a shift away from Changan’s initial Europe-only focus on battery-electric vehicles. See…

Xiaomi said its electric vehicle unit, Xiaomi EV, has completed a 24-hour endurance test of the next-generation Xiaomi SU7, as the company prepares to launch the updated model in the coming months. The SU7 Max variant covered 4,264 kilometres during the continuous 24-hour test, Xiaomi EV said on Monday, setting what it described as a new benchmark for mass-produced vehicles under this testing format. The result exceeds the 3,961 kilometres recorded by Xpeng’s updated P7 in a similar test last year, as well as earlier results posted by vehicles such as the Porsche Taycan and Mercedes-Benz CLA. See also: Everything…