China Passenger Car Retail Falls 23% in Aug, SUVs Lead Growth
August 2026 saw a 23% drop in China’s passenger vehicle retail sales, with SUVs driving market growth.
Leapmotor Reportedly Steps Into PHEVs for Overseas Markets in H1 2027
Leapmotor plans to invest in PHEV technology, expanding its overseas lineup by 2027, responding to diverse market needs.
CATL’s New Battery Plant in Egypt Targets 5 GWh Annual Capacity
CATL and BME will build a $39M electric vehicle battery plant in Egypt, enhancing local manufacturing capabilities.
Leapmotor B01, B10 Combined Production Tops 300K in 18 Months
Leapmotor’s B01 and B10 reached 300,000 production units, marking rapid success in global markets and competitive mainstream pricing.
BYD Sets 2027 Debut for First Vehicle With In-House Solid-State Battery
BYD plans to launch a solid-state battery vehicle in 2027 as a technology model, not mass-market, targeting premium segments.
China’s Average Passenger-Vehicle Price Rises to $25.5K in Aug as NEV Prices Climb
In August 2026, average vehicle prices in China increased, with a notable shift toward higher-quality, premium segments.
BYD Drops Malaysia Plant Plan, Turns to Local Assembly Partner
BYD cancels its Malaysian assembly plant plans, shifting to contract manufacturing while maintaining local production ambitions.
Chery to Add Four New SUVs in UK as Local Sales Top 29K Units
Chery plans to launch four new SUVs, including an EV, in the UK, and establish an R&D center to localize vehicle tuning.
XPeng Launches G7, P7+ REEVs in Egypt at Around $42.8K
XPeng launched the G7 and P7+ REEV models in Egypt, marking its expansion into the Middle East with competitive pricing and impressive ranges.
Global EV Market Grows 2% in August as Europe Offsets China, North America
Global electric vehicle sales reached 1.83 million in August, with divergent regional trends impacting growth, notably in China, Europe, and North America.
