Hesai Group’s Q3 Revenue Rises 34.3% to $159M, LiDAR Shipments Top 729K
Hesai reported record Q3 revenue, profitability, LiDAR shipments, partnerships, and market leadership, while forecasting continued fourth-quarter growth.
CATL Pushes Sodium-Ion Batteries into Passenger Vehicles via Swap Network
CATL plans to use battery swapping to overcome sodium-ion range limitations, accelerating adoption while reducing lithium dependence and costs.
FIA Holds Talks With BYD and Geely Over Potential F1 Entry
The FIA is discussing potential F1 entries with BYD and Geely, favoring a Chinese 12th team without altering existing regulations.
BYD Raises 2026 Overseas Sales Forecast to 1.8 Million
BYD raised its 2026 overseas sales forecast to 1.8 million vehicles, driven by surging demand, premium expansion, and local manufacturing.
NEVs Take 9 of China’s Top 10 Best-Selling Spots in October
China’s October rankings show NEVs dominating passenger-car sales, with electrification accelerating as gasoline vehicle demand declines.
Xiaomi Auto Delivers 50.1K Vehicles in October as SkyNomad Reaches 27.1K
Xiaomi Auto’s October deliveries surpassed 50,000 units, driven by SkyNomad SUVs, while overseas expansion offers future growth despite missing 2026 targets.
AITO M8 Cumulative Deliveries Surpass 190K Units Ahead of Facelift Launch
AITO’s M8 surpassed 190,000 deliveries, though sales weakened ahead of its November refresh featuring 800V architecture, advanced suspension, and Huawei ADS 5.
BYD Rolls Out 19 Millionth NEV, Adds 2 Million Units in Just Four Months
BYD produced its 19 millionth NEV, highlighting accelerating expansion driven by technology upgrades, strong overseas demand, and growing brand contributions.
CALB Projected to Post Exponential Shipment Growth by 2027
CALB anticipates rapid 2026–2027 growth, expanding beyond passenger vehicles into commercial transport, eVTOL, marine, robotics, and energy storage.
China’s October NEV Exports Jump 144.7% as Passenger Car Retail Sales Fall 27.1%
China’s October 2026 passenger-car market weakened domestically, while record NEV penetration and surging exports supported automakers amid ongoing destocking.
