China Pickup Sales Rise 16% in May as Exports Hit New High
China’s pickup truck market continued its recovery in May, with exports accounting for a record share of total sales for the first time.
China-Made Tesla Model Y Tops Japan’s Imported Car Rankings in May
Tesla’s Model Y became Japan’s best-selling imported passenger car in May 2026, showing significant growth in registrations.
Nio’s William Li Warns China Retail Auto Sales May Drop 15%-20% in 2026
China’s auto industry faces a challenging period, with forecasts predicting a 15% to 20% decline in retail sales due to weakening demand and market saturation.
Germany Pushes to Block EU Tariffs on Chinese EVs Ahead of July 4 Launch
Germany seeks to negotiate against EU tariffs on Chinese electric vehicles, aiming for a compromise before July 4.
AITO M6 Hits 30K Deliveries in 54 Days, New Entry-Level Variant Set for Debut
Harmony Intelligent Mobility Alliance announced the AITO M6 surpassed 30K deliveries in 54 days, aiming to capture the mid-range SUV market with an entry-level variant launch.
GAC Honda Slates Three New ICE, Hybrid and EV Models for 2027
GAC Honda plans to launch three new models in 2027, including ICE, hybrid, and electric vehicles.
New Li Auto L8 First to Offer Connected Zero-Gravity Rear Seats
Li Auto announces the launch of its new L8 model on June 23, featuring improved dimensions and comfort.
May NEV Average Prices Hit 169K RMB as China’s Market Shifts Upscale
China’s vehicle prices rose to 173K RMB in May, led by new energy models, amid a shift towards premium sales and weakening demand for lower-priced segments.
Chery and Huawei Deepen Ties to Target L3 and L4 Autonomy
Chery and Yinwang have signed a deep strategic partnership focusing on the R&D and mass-production rollout of L3 and L4 autonomous driving technology.
Afari to Acquire 100% Stake in Fvidar for RMB 25.9 Million
Afari to acquire Fvidar for RMB 25.908 million, enhancing its autonomous driving capabilities and expanding its technology portfolio significantly.