Author: Jackson Han

Tesla’s operations in China recorded their strongest monthly wholesale performance of 2026 in June, extending the company’s recovery as demand continued to improve in the world’s largest electric vehicle market. According to data released by the China Passenger Car Association (CPCA), Tesla China recorded 89,091 wholesale vehicle sales in June, an increase of 24.43% compared with the same month last year. The figure also represented a 3.62% increase from 85,982 vehicles in May, making June the company’s highest monthly wholesale volume so far this year. Growth Momentum Continues June marked Tesla China’s eighth consecutive month of year-over-year wholesale growth, reversing…

Huawei-backed Harmony Intelligent Mobility Alliance (HIMA) delivered 50,624 vehicles in June, down 3.73% from a year earlier, according to figures released by the alliance on Wednesday. The result marked HIMA’s first year-on-year delivery decline since May 2025. However, deliveries increased 9.76% from May, extending its month-on-month growth streak to three consecutive months. First-Half Deliveries Continue to Rise HIMA delivered a total of 242,229 vehicles during the first half of 2026, representing year-on-year growth of 18.74%. Cumulative deliveries across all HIMA brands have now exceeded 1.43 million vehicles. The alliance said this represents the fastest pace among China’s emerging automotive brands…

China’s leading battery manufacturers have pledged to pay suppliers within 60 calendar days under a new industry initiative aimed at improving supply chain stability and addressing excessive competition across the battery sector. The initiative was jointly released by the China Automotive Battery Innovation Alliance (CABIA) and the China Energy Storage Alliance (CNESA), calling on battery manufacturers to complete payments to small and medium-sized suppliers within 60 days of goods being delivered or passing inspection. Eleven battery companies have signed the commitment, including CATL, BYD’s FinDreams Battery, CALB, Eve Energy and Sunwoda. Industry Moves to Shorten Payment Cycles The initiative supports…

Aistaland, the premium electric vehicle brand jointly developed by GAC Group and Huawei, has officially launched its first production model, the GT7, as the partners seek to expand their presence in China’s premium electric vehicle market. The mid-to-large-size battery electric shooting brake is available in five variants, with prices ranging from 209,900 yuan (US$30,880) to 329,900 yuan. The starting price is lower than the 219,900-yuan entry price announced when pre-sales began on May 29. Launch Incentives To encourage early orders, Aistaland is offering limited-time purchase incentives, including deposit credits, priority production scheduling and complimentary interior upgrades. The GT7 targets younger…

Lotus, the premium electric vehicle brand owned by Geely Holding Group, will begin delivering vehicles in Canada next month, marking the arrival of the first Chinese-owned and manufactured electric vehicles under the new China-Canada EV tariff agreement, according to Reuters. China’s Ambassador to Canada, Wang Di, said a delivery ceremony will be held in Montreal after the first shipment arrives. First Chinese EVs Under New Tariff Deal The launch follows an agreement between Canada and China that allows up to 49,000 Chinese electric vehicles to enter the Canadian market annually under a most-favored-nation tariff rate of 6.1%. According to Wang,…

Xpeng Chairman and Chief Executive Officer He Xiaopeng has assumed direct leadership of the company’s robotics division, underscoring the strategic importance of humanoid robots to the Chinese automaker’s long-term growth plans. According to a report by CnEVPost, He announced in an internal letter to employees that he would immediately take on the role of “CEO” of Xpeng’s robotics business, a move aimed at accelerating the unit’s transition from research and development to large-scale commercialization. The decision comes as Xpeng seeks to expand beyond electric vehicles and establish itself as a broader artificial intelligence and robotics company. Robotics Business Nearing Commercialization…

Nio’s battery asset management subsidiary Mirattery has issued a new tranche of green asset-backed securities (ABS), advancing its battery asset securitization strategy and expanding financing channels for China’s growing battery-as-a-service sector. The issuance was completed on the Shenzhen Stock Exchange and forms part of a shelf-registered green sci-tech power battery ABS program with a total approved quota of 3 billion yuan ($443 million), according to a company statement released Friday. First Tranche Raises 1 Billion Yuan The first issuance under the program totaled 1 billion yuan, with the priority A1 tranche of 150 million yuan priced at a coupon rate…

Xpeng delivered 32,158 vehicles in May, a 4.1% decline from a year earlier but a 3.7% increase from April, as the Chinese electric vehicle manufacturer continued to expand its product lineup and autonomous driving initiatives. The company delivered 125,851 vehicles during the first five months of 2026, down 22.6% from the same period a year earlier. May Deliveries Show Sequential Improvement While May deliveries remained below year-earlier levels, the month marked a modest recovery from April as Xpeng sought to strengthen its position in China’s highly competitive new energy vehicle market. The company has recently focused on expanding its product…

BYD has unveiled its first in-house developed smart driving chip, becoming the latest Chinese electric vehicle manufacturer to pursue proprietary semiconductor technology as competition intensifies in autonomous driving and artificial intelligence. The Shenzhen-based automaker introduced the new processor, called the Xuanji A3, during its intelligence strategy launch event on Tuesday, describing it as China’s first smart driving chip built on a 4-nanometer process. According to BYD, the chip is designed to support Level 3 and Level 4 autonomous driving functions and has already entered large-scale mass production. The company said a configuration combining three Xuanji A3 chips can deliver more…

Onvo, a sub-brand of Nio, said more than 90% of initial buyers of its newly launched Onvo L80 selected the company’s battery-as-a-service (BaaS) purchasing model, highlighting strong consumer interest in lower upfront EV pricing. The company released the first customer profile data for the L80 on Monday, showing widespread adoption of the battery rental programme, which allows buyers to purchase the vehicle without owning the battery pack. The Onvo L80 is offered in three variants — Pro, Max+ and Ultra+ — with starting prices including the battery pack of 242,800 yuan ($35,810), 259,800 yuan and 279,800 yuan, respectively. Under the…

WeRide said its WRD 3.0 advanced driver-assistance system (ADAS) won the Hefei round of the Second China Urban Intelligent Driving Competition, extending the platform’s winning streak to five consecutive victories. The company said the WRD 3.0-equipped Chery Exeed Sterra ES achieved a score of 102.81 points at the event, which was hosted by D1EV. According to WeRide, the result makes WRD 3.0 the first solution in the competition’s history to secure five straight wins. The company’s WRD 3.0 system is a one-stage end-to-end L2++ ADAS platform co-developed with Bosch. The technology integrates perception and decision-making functions into a single model…

Xiaomi’s electric vehicle unit delivered 21,440 vehicles in March, up 5.0% from February but down 26.7% from a year earlier, according to data released by the China Passenger Car Association on Thursday. The result was above the more-than-20,000 figure previously disclosed by Xiaomi EV earlier this week. March deliveries were supported by the launch of the new-generation SU7 sedan, which began customer deliveries on March 23 after its market debut on March 19. The updated SU7 delivered 7,882 units during the month, up sharply from 218 units in February but down 73.1% from a year earlier, CPCA data showed. Founder…