Author: Daniel Ong

Great Wall Motor (GWM) reported a 15.87% year-on-year decline in vehicle sales in October, marking its steepest monthly drop this year as weakness in China continued to outweigh growth in overseas markets and new energy vehicles (NEVs). The Chinese automaker sold 120,374 vehicles during the month, an increase of 4.72% from September, according to figures released on Sunday. October marked the third consecutive month of year-on-year sales declines, with the contraction widening from 13.99% in September. GWM’s cumulative sales reached 1,040,676 vehicles in the first 10 months of the year, down 2.42% from the same period last year. This compared…

Li Auto delivered 29,025 vehicles in October, down 8.63% year on year, marking its second consecutive month of annual declines as the Chinese automaker accelerates product updates and expands the use of internally developed technologies. The company released its delivery figures on Sunday. October deliveries also declined 8.78% from September’s 31,817 units, reaching their lowest monthly level since February, when Li Auto delivered 26,421 vehicles. As of October 31, cumulative deliveries since the company’s establishment had reached 1,862,676 vehicles. New Electric Models Support Product Refresh Li Auto delivered more than 3,000 units of the new Li Mega in October. The…

BYD recorded its highest monthly new energy vehicle (NEV) sales of the year in October, supported by a record performance in battery electric passenger vehicles as deliveries of fully electric models exceeded 300,000 for the first time. The Chinese automaker sold 490,168 NEVs during the month, up 10.97% year-on-year and 5.74% from September, according to figures released on Sunday. October marked the company’s sixth consecutive month of year-on-year sales growth and its eighth consecutive month of higher deliveries compared with the preceding month. However, annual growth moderated to 10.97% from 16.98% in September, extending a slowdown in the growth rate…

Li Auto has produced its 200,000th Li i6 battery electric SUV as deliveries of the updated model begin in China, with the automaker increasing production capacity to reduce customer waiting times. Li Xinyang, head of the Li i6 product line, announced the production milestone on Weibo on Friday. It comes approximately 13 months after the five-seat electric SUV first went on sale in September 2025. Deliveries of the 2026 Li i6 began across China on October 29, according to Li. The company said it had prepared vehicles for near-term delivery ahead of the launch and was accelerating production to meet…

Beijing Automotive Group (BAIC Group) and CATL have signed an agreement to expand their battery-swapping partnership, covering compatible vehicle development, infrastructure deployment and battery-related services across China. The agreement includes vehicle and battery development, battery swap station construction, energy services and new business models, BAIC said in a statement on Thursday. Under the deal, BAIC will connect compatible models across multiple brands to CATL’s Choco battery-swapping network. The companies also plan to jointly develop public energy replenishment infrastructure nationwide. Dealer Network to Support Swap Station Deployment BAIC will open its dealership network to support CATL’s rollout of battery swap stations…

Nio delivered 37,408 vehicles in September, an increase of 7.65% from a year earlier and 4.39% from August, allowing the Chinese electric vehicle maker to meet its delivery guidance for the third quarter. The company delivered 109,178 vehicles in the third quarter, up 25.39% year-on-year and 1.41% from the second quarter. The result was within Nio’s guidance range of 108,000 to 111,000 vehicles issued on September 1. Nio Meets Third-Quarter Delivery Guidance Nio’s third-quarter deliveries exceeded the lower end of its guidance by 1,178 vehicles and were 1,822 vehicles below the upper end. https://twitter.com/NIOGlobal/status/2105518841426223274 The quarterly result also represented an…

Luxeed has expanded its electric vehicle lineup in China with the launch of the RX, a mid-to-large electric coupe SUV jointly developed by Huawei and Chery. The model combines Huawei’s Tuling platform, an 800-volt electrical architecture and a new high-performance electric drive system with an advanced LiDAR-based driver-assistance package. The RX is offered in six variants, with rear-wheel-drive and all-wheel-drive configurations, battery capacities of up to 100 kWh and a maximum claimed CLTC range of 852 km. Luxeed RX Pricing and Variants The Luxeed RX is available in six variants priced from 259,800 yuan to 389,800 yuan. The lineup is…

The Luxeed RX is a new mid-to-large all-electric coupe SUV jointly developed by Huawei and Chery, expanding the Luxeed lineup while entering direct competition with premium electric SUVs such as the Xiaomi YU7. The model combines a sporty low-slung design with long-range battery options, high-performance electric motors and advanced intelligent driving technology. The Luxeed RX is offered in two variants, with pre-sales prices starting at 299,800 yuan ($44,210) and 359,800 yuan, respectively. The model is expected to officially launch in fall 2026 and will make its public debut at the 2026 Chengdu Auto Show. Luxeed RX Pricing and Variants The…

BYD reported lower revenue and net profit for the first half of 2026 as weaker new energy vehicle sales in China and foreign-exchange losses offset strong growth in overseas markets. Revenue fell 7.13% year-on-year to 344.82 billion yuan ($50.9 billion), while net profit attributable to shareholders declined 20.54% to 12.33 billion yuan. NEV Sales Decline in First Half BYD sold 1,808,511 new energy vehicles (NEVs) during the first half, down 15.72% from the same period a year earlier. The decline was concentrated in the first quarter, when sales fell 30.01% year-on-year. The pace of decline improved substantially in the second…

BYD has unveiled the Da Han, a new flagship large sedan under its Dynasty lineup, with the all-electric model offering a CLTC driving range of up to 1,008 kilometers. The Da Han EV made its official debut on Friday, the opening day of the 2026 Chengdu Auto Show, where BYD also opened pre-sales for three variants. The lineup includes two rear-wheel-drive models and one all-wheel-drive version, with pre-sale prices ranging from 249,900 yuan ($36,850) to 299,900 yuan. BYD Da Han EV Prices and Variants The entry point is the rear-wheel-drive LiDAR Premium variant, which offers a claimed CLTC range of…

FAW-Volkswagen’s Jetta brand has released the first official preview of the Jetta M6, marking the debut of the brand’s first all-electric sedan as it expands its presence in China’s fast-growing new energy vehicle (NEV) market. The teaser includes official images and a promotional video showcasing the upcoming sedan ahead of its planned market launch later this year. First Look at the Jetta M6 The preview reveals the Jetta M6 finished in a new “Oriental Purple” exterior colour, highlighting the model’s modern styling as the brand prepares to enter the battery-electric sedan segment. Jetta also announced a marketing partnership with Chinese…

Xpeng is recalling 33,473 X9 electric multi-purpose vehicles (MPVs) in China after identifying a defect in the front air suspension system that could lead to air leaks and, in rare cases, affect vehicle handling. According to a notice issued by China’s State Administration for Market Regulation (SAMR), the recall will begin on August 28 and covers X9 vehicles manufactured between August 8, 2023, and August 11, 2025. Air Spring Issue Prompts Recall The regulator said certain vehicles included in the recall may have reduced airtightness in their front air springs due to variations in the manufacturing process. Over extended use…

China Battery Exchange, a subsidiary of Kandi Technologies Group, has received an order from Contemporary Amperex Technology (CATL) to supply battery swap equipment for 18 heavy-truck battery swap stations. The order represents the first commercial batch awarded under a three-year cooperation agreement signed in January 2026 between China Battery Exchange and CATL’s heavy-truck battery swap subsidiary, Qiji Energy. First Commercial Batch Under Strategic Agreement The procurement covers the manufacture, delivery, installation and after-sales maintenance of battery swap equipment for 18 heavy-truck battery swap stations. According to the company, the order marks China Battery Exchange’s transition into commercial deployment within CATL’s…

China’s reinstatement of a consumption tax on lithium batteries could accelerate the trend of automakers developing in-house battery production, according to Cui Dongshu, secretary-general of the China Passenger Car Association (CPCA). Writing in an article published on Saturday, Cui said the new tax policy is likely to strengthen the economic case for vehicle manufacturers to produce their own battery cells rather than relying entirely on external suppliers. Tax Policy Reshapes Battery Cost Structure China’s Ministry of Finance, General Administration of Customs and State Taxation Administration announced on July 17 that lithium-ion batteries and several other mature battery technologies will be…

China has unveiled a new carbon-peaking action plan that targets new energy vehicles (NEVs) accounting for 30% of the country’s total vehicle fleet by 2030, reinforcing its long-term strategy to decarbonize the world’s largest automotive market. The State Council released the “15th Five-Year Plan” Carbon Peaking Action Plan, outlining measures to help China achieve its goal of reaching peak carbon emissions before 2030. The target implies that China’s NEV fleet will need to more than double over the next five years. According to the Ministry of Public Security, China had 43.97 million NEVs on the road at the end of…

CATL has signed a strategic cooperation agreement with courier company J&T Express, expanding its presence in China’s heavy-duty truck battery-swapping market through the deployment of battery-swapping solutions for more than 5,000 electric trucks. The agreement marks another step in CATL’s strategy to accelerate the electrification of commercial transport and expand the adoption of its Qiji Energy battery-swapping platform. Battery Swapping for Logistics Fleets Under the partnership, CATL will supply J&T Express with a complete battery-swapping solution, including standardized swappable battery packs, battery swap station equipment, and operation and maintenance services for the company’s heavy-duty electric truck fleet. According to CATL,…

BYD reported higher new energy vehicle (NEV) wholesale sales in June, marking its second consecutive month of year-on-year growth as overseas demand continued to offset weaker domestic sales and production constraints eased. The Chinese automaker sold 403,472 NEVs during the month, an increase of 5.46% from a year earlier and 5.22% higher than May’s total of 383,453 units. Overseas Markets Drive Sales Growth International markets remained BYD’s strongest growth engine in June. The company delivered a record 175,349 vehicles overseas, representing a 94.73% increase year over year and a 9.15% rise from the previous month. Overseas sales accounted for 43.46%…

Xpeng delivered 40,126 vehicles in June, ending five consecutive months of year-on-year delivery declines as new model launches helped drive a sales recovery, according to figures released by the company on Wednesday. The June total was the company’s highest monthly delivery figure so far in 2026, rising 15.93% from a year earlier and 24.78% from May. Second-Quarter Deliveries Meet Guidance Xpeng delivered 103,295 vehicles during the second quarter, within its previously announced guidance range of 100,000 to 106,000 units. Second-quarter deliveries were broadly unchanged from 103,181 vehicles delivered in the same period last year, increasing just 0.11%. Compared with the…

Huawei’s Harmony Intelligent Mobility Alliance (HIMA) is reportedly broadening its battery supplier network beyond long-time partner CATL as the company seeks to reduce costs and strengthen competitiveness in China’s increasingly crowded electric vehicle market. According to a report by Chinese media outlet 36Kr, HIMA brands including Aito, Luxeed and Shangjie are preparing to introduce additional battery suppliers alongside CATL, marking a significant shift in Huawei’s EV supply chain strategy. Aito to add Gotion and CALB batteries The report states that Aito, which has historically relied exclusively on CATL batteries, will begin sourcing battery packs from CALB and Gotion High-tech. Industry…

Shenzhen Bus Group has announced the shortlisted winners for a procurement programme covering 1,220 electric buses in Guangdong Province, with a total tender value of ¥1.071601 billion (approximately €132 million). The procurement process was originally launched on March 2, 2026 and later republished on the Shenzhen Sunshine Procurement Platform on April 17 following adjustments to the tender documentation. The results were publicly announced on May 15, according to Chinabuses. The project is divided into three separate lots covering multiple electric bus categories and vehicle lengths. Lot 1 covers the procurement of 725 low-floor electric buses in the 10- to 11-metre…