New Denza Z9GT Hits 10K Units Two Months After Launch
DENZA Auto’s new Z9 GT model has achieved over 10,000 deliveries in two and a half months since its March 5 launch. Priced between 269.8K–369.8K RMB, it offers electric and hybrid options with impressive ranges. The model emphasizes advanced battery technology and performance, aiming to boost brand visibility globally after facing previous sales declines.
ZYT Opens European Headquarters, Partners With VW on ID. Buzz Testing
Zhuoyu Technology opened its European headquarters in Braunschweig, Germany, launching a collaboration with Volkswagen for intelligent driving solutions.
SAIC Motor Becomes China’s First Carmaker to Hit 100 Million Vehicle Sales
SAIC Group became China’s first automaker to deliver 100 million vehicles, marking a historic milestone.
ONVO to Open Pre-Sales for Updated L60 at Greater Bay Area Auto Show
ONVO’s updated L60 pre-sales start May 29, focusing on intelligent driving and smart upgrades.
Porsche Eyes Output Cuts, Layoffs Amid Profit Slide
Porsche slashes production by half and cuts jobs after a 92.7% profit drop and 26% China sales decline. Meanwhile, Xiaomi’s Nürburgring lap times beat Porsche models, as Chinese EV makers shift consumer focus from brand prestige to smart performance.
Nio President Says New Touring EV Is Under Development
NIO’s ES9 launch cut prices, boosting stock, with insights on product strategy, intelligent driving, and global expansion.
Global NEV Sales Slip 2% in Q1 as Chinese Brands Grab 56% PHEV Market
Global NEV sales in Q1 2026 reached 3.94 million units, with Chinese brands dominating the BEV and PHEV markets amid rising competition.
NIO Shares Jump 9.3% as ES9 Orders Beat Expectations
On May 27, NIO shares surged 9.32% following the launch of the ES9 SUV, exceeding investment expectations with high pre-orders.
2026 AITO M9 Hits Market From $70.8K
2026 AITO M9 launched from $69.6K with six-lidar matrix and Huawei ADS 5; pre-orders exceeded 70K, but April sales fell to 3,382.
SAIC MG Launches 4X Electric SUV in China Starting at $13,670
MG 4X targets China’s highly competitive RMB 100,000 ($14,710) electric SUV segment, targeting rivals such as the BYD Atto 3, Geely Galaxy E5 and Leapmotor B10.
