Author: Daniel Ong

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…

Denza, the luxury vehicle brand under BYD, has auctioned a custom-designed Denza Z9GT created in collaboration with Chopard at the amfAR Gala in Cannes. The one-off Denza Z9GT Chopard edition sold for €700,000 ($812,490) during the 32nd edition of the charity event, which is held annually alongside the Cannes Film Festival to raise funds for AIDS research. BYD said the collaboration reflects the company’s strategy of combining automotive technology with European luxury design as Denza expands its presence in overseas premium vehicle markets. The vehicle was presented as a bespoke luxury model incorporating design elements inspired by Chopard’s jewelry and…

Nio reported continued year-on-year delivery growth in April, although shipments declined from the previous month amid ongoing pressure in China’s automotive market. The company delivered 29,356 vehicles in April, up 22.83% from a year earlier, according to figures released on Friday. Deliveries, however, fell 17.27% from March’s total of 35,486 vehicles. See also: Nio Expands Onsemi Partnership to Advance 900-Volt EV Architecture The company’s premium main brand delivered 19,024 vehicles in April, down 1.27% year-on-year and 15.41% lower than the previous month. Nio’s family-focused Onvo sub-brand delivered 5,352 vehicles, representing a 21.64% increase from a year earlier, though deliveries declined…

Chery Group reported first-quarter sales of 601,712 vehicles, with March deliveries reaching 240,678 units, up 12.1% year-on-year, supported by strong export demand and continued expansion in electric vehicles. Exports remained a key growth driver, with nearly 150,000 vehicles shipped overseas in March, marking a monthly record for Chinese brands. Total exports for the quarter rose 53.9% year-on-year to 393,311 units. The company has now exceeded 100,000 monthly exports for 11 consecutive months, accounting for roughly one in five Chinese vehicles sold abroad. Chery’s international expansion is gaining traction in more regulated markets. The company said it has entered 18 European…

Chinese automaker Geely Auto reported March vehicle sales of 233,031 units, marking a marginal increase of 0.37% year-on-year, as strong export growth helped offset softer domestic demand. Sales rose 13.03% from the previous month, reflecting a recovery from seasonal weakness earlier in the year. The data highlights a continuing trend in which stable overall volumes mask diverging performance across brands and powertrain segments. The core Geely brand recorded sales of 178,287 units in March, down 6.88% year-on-year but up 15.07% from February. The Geely Galaxy lineup delivered 82,744 units, declining 8.09% year-on-year while increasing 13.15% month-on-month, marking its third consecutive…

Voyah, the premium electric vehicle brand of Dongfeng Motor Group, began trading on the Hong Kong stock exchange on Thursday, marking a strategic shift in the parent company’s financing approach. The stock, listed by introduction under code 07489, fell 6.4% in early trading to HK$7.02, after fluctuating between a high of HK$7.50 and a low of HK$6.40. The listing gives Voyah a market capitalisation of about HK$26 billion ($3.3 billion). Unlike a traditional initial public offering, the listing by introduction means Voyah did not issue new shares or raise capital. The move follows Dongfeng’s decision in August 2025 to privatise…

Chery Automobile reported a 34.6% year-on-year increase in net income to 19.02 billion yuan ($2.77 billion) for 2025, supported by record global vehicle deliveries and steady revenue growth, the company said. Total revenue rose 11.3% to 300.29 billion yuan, while global deliveries reached 2,631,381 vehicles, up 8% compared with 2024, according to its financial report. Despite intensifying competition in China’s passenger vehicle market, Chery improved its overall gross margin to 13.8% in 2025 from 13.5% a year earlier. However, margins in its core passenger vehicle segment declined to 12.8% from 13.2%, reflecting the growing contribution of new energy vehicles (NEVs),…

Chinese electric vehicle manufacturer Zeekr has announced plans to update its flagship electric MPV, the Zeekr 009, with a launch scheduled for the second quarter of 2026. The company released a teaser for the refreshed model on Friday, confirming that the vehicle will adopt a full-stack 900-volt high-voltage electrical architecture. The updated MPV will also feature the new-generation Nvidia Drive Thor-U driver assistance processor. See also: Zeekr Enters Italy as First Customer Deliveries Begin in Germany Zeekr said additional specifications and product configurations will be announced at the official launch event. The upgrade is expected to focus on improving charging…

BYD unveiled the Datang on Thursday, introducing the first D-segment flagship sport utility vehicle in its Dynasty lineup as the Chinese automaker expands further into the premium new energy vehicle market. The company did not disclose pricing for the model but said the vehicle is expected to target the luxury segment priced above 400,000 yuan ($58,040). The Datang is scheduled for an official market launch in the first half of the year. See also: Denza Launches Z9GT With Record 1,036 km Electric Range The pure electric version of the Datang is equipped with BYD’s second-generation Blade Battery and offers a…

Xiaomi said its humanoid robot has entered live production at its electric vehicle factory, completing complex component assembly tasks in what the company described as a step forward in embodied intelligence. According to a post on Xiaomi’s official Weibo account, the robot operated autonomously for three consecutive hours at a self-tapping nut installation workstation in the die-casting workshop of Xiaomi EV. Test data showed a 90.2% success rate for simultaneous installations on both sides of the station, meeting the production line’s fastest cycle time requirement of 76 seconds. See also: Xiaomi Debuts Vision GT Supercar Concept Ahead of 2026 MWC…

BMW Group and China’s Contemporary Amperex Technology Co. Ltd. (CATL) have signed a memorandum of understanding to deepen cooperation on battery supply chain decarbonization and cross-border data exchange, as Germany’s chancellor visited China with a business delegation. The agreement focuses on pilot projects using the Catena-X automotive data ecosystem to enable trusted data sharing and carbon footprint accounting under the emerging Battery Passport framework. The initiative expands a partnership between the two companies that began in 2012, moving beyond battery supply toward broader collaboration on sustainability and digital standards. BMW Chairman Oliver Zipse, who accompanied Chancellor Friedrich Merz on the…

Leapmotor delivered 28,067 vehicles in February, posting a 10.99% increase from a year earlier despite a decline from January due to the Chinese New Year holiday, the company said. The Chinese new energy vehicle maker, backed by Stellantis, reported that deliveries fell 12.45% from January’s 32,059 units, reflecting the impact of the nine-day Spring Festival break on production and logistics. Last year’s holiday occurred mainly in late January, reducing its effect on February figures. See also: Leapmotor Sets 1.05 Million Sales Target for 2026, Emphasises Efficiency and Brand Building To support future sales, Leapmotor said it will soon begin pre-sales…