Author: Jackson Han

China has rolled out comprehensive national standards for the recycling and utilisation of electric vehicle (EV) power batteries, aiming to improve safety, efficiency, and sustainability in the sector. Pilot programs across the country report material recovery rates exceeding 99% for nickel, cobalt, and manganese, according to IT-Home. The General Administration of Market Supervision recently approved five additional standards, increasing the total to 22. These regulations cover general requirements, management procedures, and dismantling methods for retired EV batteries, including specifications for recycling, dismantling, and residual energy detection. See also: China Tightens Export Controls on Rare Earths Used in Electric Vehicles Some…

Chinese battery maker Contemporary Amperex Technology Co Ltd (CATL) posted a 41.2 percent year-on-year increase in third-quarter net profit to RMB 18.5 billion ($2.6 billion), as the company navigated intensifying competition from smaller rivals while continuing its overseas expansion. The growth marked an acceleration from a 33.7 percent rise in the previous quarter, according to a stock filing released on Monday. Revenue for the July–September period climbed 12.9 percent year-on-year to RMB 104.2 billion, up from an 8.3 percent gain in the second quarter. Net income excluding non-recurring gains and losses reached RMB 16.4 billion, an increase of 35.47 percent…

Toyota has launched the right-hand-drive (RHD) version of its all-electric bZ3X SUV in Hong Kong, priced from 229,600 HKD (about 29,500 USD), making it the automaker’s most affordable model in the city. The new EV undercuts the Sienta Luxury, previously Toyota’s lowest-priced offering in Hong Kong, by roughly 10,000 HKD. Developed jointly by GAC-Toyota, GAC Group, and Toyota Motor Corporation, the bZ3X is manufactured at the GAC Toyota Nansha plant in Guangzhou. The model has been on sale in mainland China since March 2025, with cumulative sales exceeding 46,000 units and topping the joint-venture new energy vehicle (NEV) rankings several…

Leapmotor’s founder and chief executive Zhu Jiangming has increased his stake in the Chinese electric vehicle (EV) maker for the second time this year, reinforcing management’s confidence in the company’s growth prospects as it advances product development and global expansion. According to a filing with the Hong Kong Stock Exchange, Zhu, along with concerted action persons Fu Liquan and his spouse, purchased 3,243,500 shares of Leapmotor (HKG: 9863) on the open market at an average price of HK$63.19 per share, totaling about HK$205 million ($26.4 million). The transaction aims to support Leapmotor’s long-term stability and sustainable development while safeguarding the…

Tesla has introduced a new Light Gray Premium interior option for the Model Y L in China, adding more customization choices for buyers of its long-wheelbase variant. The new interior is available for an additional 8,000 yuan ($1,120), according to Tesla China. Previously, the Model Y L was offered only with a Dark Premium interior. See also: Tesla China Sales Rebound in September, Boosted by Launch of Six-Seat Model Y L The Model Y L, produced at Tesla’s Giga Shanghai facility, features extended dimensions compared with the standard Model Y. It measures 4,976 mm in length, 1,920 mm in width,…

Xpeng Motors CEO He Xiaopeng said the company plans to begin mass production of its flying cars next year, forecasting that the sector will grow faster than traditional vehicles and eventually overtake them in market share. “Xpeng plans to truly mass-produce flying cars next year. Their growth rate will certainly surpass that of cars, and their future market share will also exceed that of cars,” He said at the 2025 Sustainable Global Leaders Summit on Wednesday. See also: U.S. eVTOL Developer Archer Gains Lilium Patent Assets in €18M Deal The announcement follows a major rebranding of Xpeng’s flying car subsidiary.…

Dongfeng Motor  has officially entered the Tunisian market, launching three vehicle models as part of its strategic expansion in North Africa, the company announced on Wednesday. The automaker unveiled the Shine, Shine Max HEV, and Box models at a launch event held in Tunis, the capital city of Tunisia. See also: Dongfeng’s Premium EV Unit Voyah Files for Introductory Hong Kong Listing During the event, Dongfeng Box received about 40 firm orders and more than 200 intent orders, underscoring strong initial demand for the brand’s vehicles in the new market. The move marks a significant step in Dongfeng’s efforts to…

Polestar, the premium electric vehicle (EV) brand jointly owned by Geely Holding and Volvo Cars, has closed its last remaining direct-sales store in China, located at L+ Plaza in Shanghai’s Qiantan area, local media Lanjinger reported on Tuesday. The company said the closure is part of a strategic adjustment to better align with the evolving preferences of Chinese consumers. “While the Shanghai store is temporarily closed, Polestar’s other operations in China remain unaffected, and owner benefits will not be impacted,” the company said. See also: Polestar Q3 Sales Rise 13% Amid Strong European Demand, Tariff Challenges According to a service…

China’s passenger new energy vehicle (NEV) market continued to expand in September, with battery electric vehicle (BEV) sales reaching an all-time high, according to data released by the China Passenger Car Association (CPCA). Passenger NEV retail sales rose 15.5% year-on-year to 1.296 million units in September, up 16.2% from August. Although slightly below the CPCA’s preliminary estimate of 1.307 million units, the figure surpassed its earlier forecast of 1.25 million units. The result marked the highest monthly NEV retail sales this year and the second-highest on record, behind December 2024’s 1.3 million units. See also: China Tightens Export Controls on…

Geely Auto has launched the 2026 Xingyuan, an updated version of its popular compact electric vehicle (EV), with a limited-time starting price of RMB 65,800 ($9,240). The move positions the Xingyuan among the most affordable EVs currently available in China. The new model is offered in six variants, with guide prices ranging from RMB 68,800 to RMB 98,800. A RMB 3,000 trade-in subsidy for orders placed before October 31 effectively reduces the starting price to RMB 65,800. The Xingyuan measures 4,135 mm long, 1,805 mm wide, and 1,570 mm tall, with a wheelbase of 2,650 mm. See also: Geely Auto…

Chinese battery giant Contemporary Amperex Technology Co Ltd (CATL) has signed a new global strategic cooperation memorandum with Danish logistics group A.P. Moller–Maersk, marking an expansion of their long-term partnership as CATL continues to strengthen its global footprint. The agreement, signed in Hong Kong on October 9, builds on the companies’ five-year collaboration in maritime transport and multimodal logistics. Under the new memorandum, Maersk will become CATL’s preferred global logistics partner, providing integrated services across ocean and air freight, project logistics, and warehousing, CATL said in a statement on Thursday. The two firms plan to explore “efficient and scalable models”…

BYD has celebrated a production milestone at its Brazilian plant, marking the rollout of its 14 millionth new energy vehicle (NEV) as the Chinese automaker accelerates its international expansion. Brazilian President Luiz Inacio Lula da Silva attended the ceremony on October 9 and received the milestone vehicle — a BYD Song Pro — as a gift, the company announced on social media. BYD Chairman and President Wang Chuanfu said the company’s long-term presence in Brazil reflects its commitment to local development. “BYD is not only an investor in Brazil but also a long-term partner,” Wang said. See also: BYD Launches…