Author: Daniel Chen

Daniel Chen has been analyzing China’s electric vehicle market for EVMagz.com since becoming a reporter in 2025, specializing in EV sales performance, market share trends, pricing strategy, and consumer demand across China’s competitive automotive landscape. With a background in business analytics and digital journalism, he delivers data-driven insights into the world’s largest EV market. Outside of work, Daniel enjoys cycling along urban river routes, tracking macroeconomic indicators, and experimenting with specialty pour-over coffee.

BYD has released the first official teaser images of a new flagship sedan for its Dynasty lineup, signaling the company’s latest effort to expand its presence in China’s premium new energy vehicle market. The camouflage-covered vehicle was unveiled by Lu Tian, general manager of sales for BYD’s Dynasty series, who shared the images on social media while continuing a public naming campaign for the upcoming model. New Flagship Sedan for Dynasty Lineup The new vehicle will become the first D-class flagship sedan in BYD’s Dynasty family, elevating the brand’s position in the premium passenger car segment. While BYD has not…

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Nio plans to focus future investments on core technologies and energy infrastructure after achieving profitability, according to comments made by founder and chairman William Li at the 4th Future Automotive Pioneers Conference on May 29. Li outlined the company’s approach to capital allocation, emphasizing stricter return-on-investment requirements while continuing to invest in strategic technology areas. Focus on Core Technologies According to Li, Nio intends to streamline development at the application layer while increasing investment in foundational technologies. The company plans to continue investing in areas including semiconductor development, operating systems and energy infrastructure. At the same time, Nio has ruled…

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Audi has officially launched sales of the AUDI E7X in China, marking the second model from its China-exclusive AUDI sub-brand as the German automaker deepens its partnership with SAIC in the world’s largest electric vehicle market. The all-electric crossover SUV was unveiled at the Shenzhen Auto Show on May 29 and is available in five variants, with prices ranging from 279,900 yuan to 372,900 yuan (approximately €34,200 to €45,600). The E7X follows the AUDI E5 Sportback, the first model under the new AUDI brand, which departs from Audi’s traditional four-ring badge. The company has also confirmed plans to introduce a…

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Chinese automaker BYD on Tuesday launched the 2026 Sealion 06 DM-i, continuing the rollout of updated plug-in hybrid electric vehicle (PHEV) models in China as competition in the domestic auto market intensifies. The compact hybrid sport utility vehicle is available in four variants, with prices ranging from 129,900 yuan ($19,140) to 159,900 yuan. BYD said the new Sealion 06 DM-i includes upgrades in powertrain performance, electric driving range and intelligent driving technologies. The model uses BYD’s fifth-generation Dual Mode (DM) hybrid system in a front-engine, front-wheel-drive configuration. The drive motor produces a maximum output of 175 kilowatts, compared with 160…

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Chinese technology company Xiaomi said on Tuesday it had officially started deliveries of the new standard edition of its YU7 sport utility vehicle in China, as the company intensifies competition with Tesla and its Model Y crossover. The YU7 standard edition starts at 233,500 yuan ($34,410), below the starting price of Tesla’s Model Y in China, which begins at 263,500 yuan. Xiaomi’s electric vehicle division, Xiaomi EV, said the model retains the YU7 family design while offering long driving range, fast charging capability and advanced driver assistance hardware. According to Xiaomi EV, buyers selecting in-stock versions of the YU7 can…

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BYD has confirmed the Ti7 as its first seven-seat vehicle for the UK market, introducing a large plug-in hybrid SUV positioned as the company’s flagship model for British customers. The three-row SUV measures 5,146 mm in length, 1,995 mm in width and 1,865 mm in height, making it the largest vehicle currently planned for BYD’s UK lineup. The Ti7 uses BYD’s Dual Mode Performance (DM-p) plug-in hybrid powertrain, combining a 1.5-litre turbocharged petrol engine with two electric motors driving all four wheels. BYD said the SUV can accelerate from 0 to 62 mph in 4.8 seconds while delivering an electric-only…

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China’s FAW Group-owned brand Hongqi is in discussions with Stellantis regarding possible vehicle production at one of Stellantis’ plants in Spain, according to a Reuters report citing multiple sources familiar with the matter. The outcome of the discussions remains unclear. Reuters said it spoke with five sources, but none of the companies involved confirmed the talks. Hongqi, FAW, and Leapmotor did not respond to requests for comment, while Stellantis declined to comment. Leapmotor is also reported to be involved in the discussions in a potential intermediary capacity. Both Stellantis and FAW are shareholders in Leapmotor, with Stellantis holding the largest…

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CATL has appointed Chen Jinghe as a senior adviser for its mining business, as the company seeks to reinforce its access to critical raw materials for battery production, according to multiple media reports. Chen, 69, who stepped down from his role at Zijin Mining at the start of the year, will support CATL in expanding its mineral supply chain operations, Chinese financial outlet Yicai reported. A trained geologist, Chen led Zijin Mining for more than three decades, transforming it from a domestic gold producer into one of the world’s largest diversified mining groups with a market value exceeding $120 billion,…

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BYD is aiming to increase its overseas vehicle sales to 1.5 million units by 2026, as the company accelerates its global expansion to support growth beyond its domestic market. The target was discussed during a recent analyst briefing, where management expressed confidence in reaching the export figure, according to a report by Bloomberg citing people familiar with the matter. The updated goal is around 15% higher than the company’s previously announced overseas sales target. Earlier this year, BYD said it expected exports to reach 1.3 million vehicles in 2026, representing year-on-year growth of approximately 24%. However, a November 2025 research…

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Skoda Auto will exit the Chinese market by mid-2026, highlighting the mounting challenges faced by foreign carmakers in the world’s largest automotive market. The brand, owned by Volkswagen Group, will gradually wind down its presence while continuing to sell vehicles through a regional partner until its planned withdrawal, according to a company statement cited by Reuters. After-sales services will remain available for existing customers. China had previously been Skoda’s largest global market, with annual deliveries exceeding 300,000 vehicles between 2016 and 2018. However, sales have declined sharply in recent years, falling to around 15,000 units in 2025 as competition intensified…

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Great Wall Motor (GWM) reported sales of 72,594 vehicles in February, down 6.79% from a year earlier and 19.62% from January, as the Chinese New Year holiday disrupted production and domestic demand. The company said the Spring Festival period, which ran from Feb. 15 to Feb. 23 this year, led to temporary shutdowns across the industry. Last year’s holiday occurred mainly in January, creating a higher comparison base for February figures. Despite the decline in overall sales, GWM’s overseas business showed strong growth. Exports reached 42,675 units in February, up 37.36% year on year and 5.95% from January, accounting for…

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The AION V electric SUV from GAC AION has secured dual five-star safety ratings from both European and Australasian crash assessment bodies, alongside a series of industry awards across key international markets, the company said. The AION V achieved the highest possible safety ratings from Euro NCAP and ANCAP, following tests covering adult occupant protection, child safety, vulnerable road users and advanced driver assistance systems. Five stars represent the top tier under both evaluation programmes. See also: GAC AION And DiDi Deliver First Batch Of R2 Robotaxis, Clear Road Testing In Guangzhou In Australia, the electric SUV was named a…

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