Exclusive: NIO Stockpiles Over 6K ES9 Units to Prep for Launch Deliveries
NIO has stockpiled over 6,000 ES9 units ahead of launch, backed by more than 50,000 pre-orders, signaling strong demand. Positioned as a premium executive SUV, ES9 targets new customers beyond NIO’s existing base, entering a competitive 500K+ RMB ($72,500) segment led by Zeekr, AITO, and Li Auto.
BYD Hits 10,000 NEV Deliveries in Cambodia as Local Plant Ramps Up
BYD delivered its 10,000th new energy vehicle in Cambodia, marking significant growth since entering the market in 2020.
NIO’s ONVO L80 Sees Over 90% of Early Buyers Choose BaaS Scheme
NIO expects the L80 to become one of its key SUV growth drivers in Q2 as the company targets quarterly deliveries of 110,000–115,000 vehicles.
CATL Debuts China’s First Light-Truck Battery Swap Network
China launches its first standardized battery-swap ecosystem for light-duty trucks, enhancing urban logistics.
Tesla Rebrands FSD to TAD Ahead of Anticipated China Debut
Tesla has renamed FSD to TAD, marking its latest name adjustment to align with domestic regulatory compliance.
XPeng GX Begins Nationwide Deliveries, Flagship Model Orders Account for 60%
XPeng GX surpassed 24,800 orders within 12 hours of launch. Priced at
XPeng GX surpassed 24,800 orders within 12 hours of launch. Store traffic jumped 300%. The AWD flagship variant captured 60% of orders. Core buyers: males aged 30-45, with a trade-in rate of 90%.
Changan and Huawei Insiders Hit With $2.5M Insider Trading Fine
Changan Auto and Huawei face penalties for insider trading involving significant illegal profits and stock manipulation.
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.
