China Car Retail Sales Fall 29% in September 1-27: CPCA
China recorded 1.258 million passenger-car retail sales on September 1-27, down 29% year on year. NEV sales fell 20%, with a 65.7% share.
Zeekr Says It Has No Current Plans for Battery-Swap Models
Zeekr says it currently has no plans to develop battery-swapping models, following NIO and Geely’s charging and battery-swapping partnership.
China Auto Trade-Ins Cover 5.35 Million Vehicles in Jan-Aug
China’s auto trade-in program covered 5.353 million vehicles in Jan-Aug. Eligible buyers scrapping an old car for a new NEV can get up to RMB 20,000.
China Automakers Step Up Alliances, Product Cuts as Market Pressure Mounts
Chinese automakers are consolidating to focus resources, reducing product lines amidst competition and falling profits, prioritizing strategic partnerships and resource sharing.
Avatr Reshuffles Leadership, Chen Zhuo to Become Chairman
Avatr Technology reshuffles leadership, appointing Chen Zhuo as chairman and Yong Jun as president, aiming for strategic improvements amid profitability challenges.
XPeng Opens X9 and L03 Pre-Orders in the Philippines
XPeng’s X9 starts at PHP 3.858 million and the L03 at PHP 1.548 million in the Philippines. Deliveries are expected in Q4 2026.
BYD Xi’an Battery Base Enters Full Production, Targets 16 GWh Capacity
BYD’s Xixian New Area battery project, costing $1.043 billion, will produce 16 GWh annually, supporting NEV production and expansion efforts.
BYD Fangchengbao Ti9 Revealed With 310 km WLTC EV Range
Fangchengbao’s six-seat Ti9 PHEV has a claimed 310 km WLTC electric range. Prices are expected at RMB 250,000-300,000 but remain unconfirmed.
BYD Dynasty’s 10 Millionth Vehicle Rolls Off the Line as Da Han Nears Launch
BYD’s Dynasty lineup achieved 10 million vehicle sales, largely driven by mainstream models, while premium sales have declined recently.
GAC Plans to Buy 50% of FAW Toyota Through Share Issue
GAC plans to buy FAW’s 50% stake in FAW Toyota through shares priced at RMB 5.75 each. GAC and Toyota would each hold half after closing.