Author: Jackson Han

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…

Chinese electric vehicle maker Nio has opened pre-sales for its new flagship ES9 sport utility vehicle, pricing the model below its technology-sharing ET9 sedan as it seeks to expand sales in China’s premium electric vehicle segment. Nio unveiled the ES9 at a technology event in Hangzhou on Thursday, setting a starting pre-sale price of 528,000 yuan ($77,230) including the battery pack. The starting price is about 31% lower than the 768,000 yuan price tag of the ET9 sedan, which shares many of the same technologies and has served as a pricing benchmark for the new SUV. The ES9 will be…

Volkswagen is integrating sales channels across its Chinese joint ventures, with select dealerships from FAW-Volkswagen set to begin selling electric vehicles developed by Volkswagen Anhui, according to a company announcement. The two joint ventures signed a strategic memorandum of understanding on Thursday to cooperate on dealer networks, introducing a “store-in-store” format that will allow FAW-Volkswagen outlets to display and sell Volkswagen Anhui models. The first vehicle under this arrangement is the ID. UNYX 08, a mid-to-large electric sport utility vehicle co-developed with Xpeng. The model began pre-sales in late March and is expected to launch in the first half of…

Nio’s sub-brand Onvo is developing two new models—a sedan and a sport utility vehicle—as it seeks to expand its lineup and strengthen its position in China’s mass-market electric vehicle segment. According to LatePost, the two models are expected to target the 200,000 yuan ($28,930) price range. The planned sedan is aimed at small families while also addressing commercial use cases, the report said, citing people familiar with the matter. The projects had previously been put on hold in early 2025 during Nio’s internal restructuring of its cell business unit, but development resumed in August last year. The company may introduce…

Xiaomi reported its smart electric vehicle and AI business achieved its first full-year operating profit in 2025, supported by rapid growth in vehicle deliveries and improved margins. Revenue from the segment surged 223.8% year-on-year to 106.1 billion yuan ($15.4 billion), according to the company’s latest earnings release. The unit recorded operating income of 900 million yuan for the year, marking its first annual profit. Electric vehicle sales were the primary contributor, generating 103.3 billion yuan in revenue. The segment’s gross margin rose to 24.3% in 2025, up 5.8 percentage points from the previous year, driven by a greater share of…

Geely Automobile Holdings reported a 2025 net profit attributable to shareholders of 16.85 billion yuan ($2.45 billion), broadly unchanged from the previous year but exceeding market expectations, the company said. The result came in above a Bloomberg survey estimate of 16.5 billion yuan, while total revenue rose 25% year-on-year to a record 345.23 billion yuan, according to Geely’s financial report released on Wednesday. The Chinese automaker sold 3,024,600 vehicles in 2025, surpassing its revised annual target of 3 million units. However, the company noted a slowdown in sales momentum toward the end of the year, particularly in December. The weaker…

BYD’s Linghui sub-brand, created to target ride-hailing operators and corporate fleet customers, will adopt the company’s latest flash-charging battery technology for its upcoming mid-size electric sedan. Linghui said in a teaser video released on Monday that the Linghui e7 will support BYD’s new flash-charging system, enabling the battery to charge to nearly full capacity in about nine minutes. The company added that the first batch of display vehicles for the model has already arrived at Linghui showrooms in 127 cities across China. The e7 is positioned as a strategic model for taxi fleets, ride-hailing platforms and corporate transportation services. BYD…

Xpeng Chairman and CEO He Xiaopeng said the company is confident in its latest autonomous driving technology, publicly inviting Elon Musk and other industry competitors to test the system. The remarks were made during an interview with Chinese media on the sidelines of the Two Sessions, where He highlighted progress in Xpeng’s second-generation Vision-Language-Action model. See also: Xpeng CEO He Xiaopeng Raises Stake With Latest Share Purchase He said the company’s new VLA 2.0 system represents a significant improvement over earlier driver assistance technologies. “If the upper limit of past advanced driver assistance systems was 100 points, today’s new system…