NIO Earnings Media Q&A Flags Large SUV Focus to Protect Profitability
NIO’s Q1 results show profitability, with focus on SUVs, R&D investment, and a balanced three-brand strategy for growth.
AITO, Xiaomi, Li Auto Lead China NEV Residual Value Rankings in April
AITO, Xiaomi, and Li Auto topped April 2026 China NEV residual values with 82.7%, 81.4%, and 81.2% one-year retention, outpacing Tesla and ONVO. Strong used-car prices reflected tight new-car supply, while inventory pressure weighed on others, highlighting that NEV residuals now depend on pricing and technology, not just brand.
SAIC to Deliver 100 Millionth Vehicle This Month as MG Europe Sales Surge
SAIC Motor will reach 100 million vehicles delivered, becoming China’s first automaker to achieve this milestone by month’s end.
BYD Launches Third-Gen Yuan Plus in China From $17,600
BYD launches third-generation Atto 3 (Yuan PLUS in China) at $17.6K–22.1K, featuring RWD, 57.5–68.5kWh Blade Batteries with 540–630km range, 15.6-inch rotating screen, optional LiDAR, and larger dimensions; global sales exceed 1.1 million, leading Thailand, South Korea, and Australia markets
Voyah Unveils Passion S Electric Coupe SUV to Rival Xiaomi YU7
Voyah unveiled its Zhuiguang S electric coupe SUV, launching in mid-2026, designed to compete with Xiaomi YU7 in China’s market.
China Sees 774 Vehicle OTA Updates in April as New-Entrant Brands Slow Pace
China’s OTA updates fell to 774 in April as the market shifted toward more practical functions, with Chinese local brands maintaining stable output, New-entrant brands slowing sharply, and joint-venture (JV) and premium brands gradually catching up
China April Power Battery Output Hits 184 GWh, Installation Rate Slips to 34%
China’s battery output rose to 184GWh in April, yet the EV install rate fell to a record-low 34% as surging energy storage demand diverted capacity. Weak passenger EV demand contrasted with strong electric truck growth, while CATL extended its lead and market concentration increased
BYD Launches DM Hybrid Tech in Indonesia With M6 DM Cross Debut
BYD launches its DM hybrid technology in Indonesia, shifting towards a dual electric and hybrid vehicle strategy.
China EV Charging Infrastructure Reaches 21.96 Million Units by End-April
China added 474,000 EV charging facilities in April 2026, reaching 21.955 million total, led by private installations.
IEA Forecasts Global EV Sales to Rise 15% to 23 Million Units in 2026
The IEA projects global electric vehicle sales will reach 23 million units by 2026, driven by market dynamics and rising oil prices.
