Li Auto Reports Third Year of Profit but Revenue Slips Amid Intensifying EV Competition
Li Auto’s 2025 financials showed declining profits and revenues, prompting plans for renewed EREVs to regain market growth.
VW-Xpeng Joint EV UNYX 08 Rolls Off Production Line
Volkswagen Anhui plans to launch four models in 2026, including the UNYX 08, the updated UNYX 06, the electric sedan UNYX 07, and a new B+ segment sedan.
Geely Becomes First Chinese Automaker to Secure EU Certification for Smart Driving
First UN R171-certified Geely G-ASD model to hit European roads in June
BYD Intends to Build Canada Plant, Acquire Established Automaker
BYD’s Executive Vice President Stella Li made it clear: “Joint ventures won’t work.”
Nio-Backed Weineng Doubles Down in Wuhan With $1.43B Battery Project
Mirattery was established in 2020 in Optics Valley as a joint venture backed by NIO and CATL.
Next-Gen Xiaomi SU7 Launch Pulled Forward; March Supply Tops 16,000 Units
Xiaomi’s Beijing plant is operating at full capacity, shipping 800 vehicles per day.
China EV Battery Installations Hit 26.3 GWh in Feb as CATL Holds 49.1%
The top ten battery manufacturers recorded combined installations of 24.8 GWh, accounting for 94.3% of total installations.
Honda Faces Up to $4.33 Billion Loss, Scales Back EV Push in North America
Honda has decided to cancel three EV models planned for North America and may record up to 2.5 trillion yen ($15.7 billion) in asset impairments as it adjusts its EV strategy.
Tesla China February Wholesale Hits 58,599, Taking Top 3 Position
February retail deliveries dropped sharply both YoY and MoM, though export momentum continued.
BMW Group 2025 Revenue Falls 6.3% to €133.45B as China Sales Slump 12.5%
In 2025, BBA all experienced varying degrees of decline in the Chinese market, with total sales for the three brands dropping by nearly 260,000 vehicles.
