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 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…
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…
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…
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…
Volkswagen’s Jetta brand has established a new company in Chengdu, southwest China, as it seeks greater autonomy and faster decision-making to compete in the country’s increasingly competitive automotive market, FAW-Volkswagen said. The new entity, FAW Volkswagen Jetta Automotive Technology Co Ltd, officially began operations this week and has been granted enhanced market-oriented research and development capabilities, along with greater authority over product and business decisions, according to a statement from FAW-Volkswagen. See also: EU Reviews Possible Tariff Exemption for Volkswagen China-Built EVs, Commission Says The Chengdu-based company will lead the development of smart electric vehicles tailored to local Chinese market…
Chinese new energy vehicle maker Leapmotor showcased its compact electric SUV, the A10, at the Brussels Auto Show 2026, marking the model’s European debut following its global premiere in China late last year. The A10, known as the B03X in markets outside China, is Leapmotor’s first global model built on its newly developed A platform. The compact SUV measures 4,270 mm in length, 1,810 mm in width and 1,635 mm in height, with a wheelbase of 2,605 mm, placing it squarely in the competitive compact SUV segment. “Every product we deliver embodies a consistent commitment — to provide exceptional, affordable…
Luxeed, the automotive brand jointly developed by Huawei and Chery Automobile, has taken the final regulatory step toward launching its first multi-purpose vehicle after filing the V9 with China’s Ministry of Industry and Information Technology (MIIT), according to a catalog released this week. The Luxeed V9 appears in MIIT’s latest list of vehicle models pending market approval, which is open for public comment from Jan. 9 to Jan. 15. Inclusion in the catalog typically clears the way for a model to be sold in China. The filing shows three variants of the V9, all classified as extended-range electric vehicles (EREVs).…
Zeekr has taken a key regulatory step toward launching its new 8X plug-in hybrid SUV in China, after the model appeared in a catalog released by the Ministry of Industry and Information Technology (MIIT), clearing the way for market entry. The Zeekr 8X was included in the latest MIIT disclosure published on Thursday, with public feedback on the filing open from Jan. 9 to Jan. 15. The model will be produced at Zeekr’s manufacturing facility in Ningbo, in China’s eastern Zhejiang province, and will become the company’s second hybrid vehicle following the Zeekr 9X. See also: Zeekr and Intellias Showcase…
Nio said a third-generation ES8 sport utility vehicle has become its one-millionth mass-produced car, marking a major manufacturing milestone for the Chinese electric vehicle maker as it scales up sales and infrastructure. The vehicle rolled off the production line at Nio’s F2 plant in Hefei, Anhui province, where the company held a ceremony to mark the occasion. The milestone comes shortly after Nio celebrated its 11th anniversary in November. See also: Nio Delivers 40,000th Third-Generation ES8 as Production Ramps Up https://twitter.com/NIOGlobal/status/2008415898491838650 Founder, chairman and chief executive William Li said the company is targeting sustained expansion, with annual sales growth of…
Tesla lost its position as the world’s largest battery electric vehicle (BEV) seller in 2025 after a sharp decline in fourth-quarter deliveries, allowing Chinese automaker BYD to take the top spot, according to industry data. Tesla delivered 418,227 vehicles globally in the fourth quarter, below a median analyst estimate of 420,399 units disclosed by the company in late December. Deliveries were down 15.6% from a year earlier and fell 15.9% from the previous quarter, the company said. See also: Tesla Q4 Deliveries Fall 15% to 418,227, Marking Second Straight Annual Decline BYD, meanwhile, reported continued growth in BEV sales, with…
Geely Auto’s premium electric vehicle brand Zeekr delivered a record 30,267 vehicles in December, marking its highest monthly total since launch, according to data released by the company on Thursday. The figure represented an 11.32 percent increase from a year earlier and a 4.94 percent rise from November, driven largely by strong demand for the newly launched Zeekr 9X. For the full year 2025, Zeekr delivered 224,133 vehicles, up 0.9 percent year-on-year. See also: Zeekr Signs Dealer Agreements to Enter South Korean EV Market Cumulative deliveries since the brand’s inception reached 642,889 units by the end of 2025. Zeekr operates…
Voyah, the premium electric vehicle brand under Dongfeng Motor, said it has delivered 5,000 units of its Taishan sport utility vehicle, marking a rapid sales milestone less than a month after the model’s market debut. The company said in a post on Weibo that it reached the delivery figure just 26 days after officially beginning deliveries on December 4. The Taishan, a large hybrid SUV, was launched on November 18 with a starting price of 379,900 yuan ($54,240), making it one of the highest-priced models in Voyah’s current lineup. See also: CATL Signs 10-Year Cooperation Deal With Dongfeng’s Voyah Built…