XPeng MONA L03 to Debuts in China July 2, Europe Rollout Follows
XPeng will debut the MONA L03 SUV in China on July 2, followed by a European launch, expanding its market presence and product diversity.
CATL, CALB Join Push to Cap Supplier Payment Terms at 60 Days
China’s power battery industry is moving to standardize supplier payment practices, following similar commitments made earlier by automakers.
BYD Launches Sealion 6 DM-i in South Korea at $24.3K
BYD launched the Sealion 6 DM-i plug-in hybrid SUV in South Korea, enhancing its local lineup and addressing diverse consumer needs for electrification.
Toyota Global Sales Fall for Fourth Month in May as China Drops 31.7%
Toyota’s global sales fell 7.4% in May 2026 due to weaker overseas demand, particularly in China.
BYD Launches Linghui M9 Business MPV From $27,770
BYD’s Linghui brand launched the M9 MPV, targeting commercial fleets with various configurations and advanced technology.
China Imports 38,000 Vehicles in May, Down 19% YoY
China’s vehicle imports dropped 19% to 38K units in May 2026, continuing an eight-year decline due to rising domestic competition and shipping issues.
BYD Reportedly Eyes 2027 Debut for In-House AD Chip in Denza
BYD aims to use its Xuanji A3 autonomous driving chip in Denza models by 2027, enhancing intelligent driving capabilities in vehicles.
ONVO L60 Hits 100K Deliveries Following 2026 Model Launch
ONVO reached its 100,000th L60 delivery in Shanghai, becoming a top contender in the battery electric SUV market within two years.
Geely-Backed Polestar to Exit the U.S. From 2027 as China Software Rules Bite
Polestar’s application to sell new vehicles in the U.S. was rejected due to regulations on connected vehicle software from China.
BYD Megawatt Charging Set for Malaysia Rollout, Expands Southeast Asia Push
BYD plans to introduce its megawatt flash charging technology in Malaysia, aiming for Southeast Asia’s first ultra-fast charging infrastructure.
