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.
Geely Ramps Brazil Push with Local EX2 Production
Geely is localizing production in Brazil with the EX2, its first electric vehicle made locally. This move expands its footprint amid Brazil’s growing automotive market.
Geely-Backed e.MAS 7 Leads Malaysia EV Market as Chinese Brands Grab Over Half
In May 2026, Malaysia registered 8,287 EVs, led by Proton’s e.MAS series with 2,408 units.
BYD Eyes Megawatt Charging in Canada
BYD plans to expand into Canada with a megawatt charging network and local operations, aiming to address EV charging concerns in cold climates and establish dealerships.
China EV Battery Installations Hit 71.9 GWh in May: CATL Holds 46.14%, BYD 16.56%
China’s battery industry showed significant growth in May 2026, led by NEV demand and LFP technology dominance.
CALB Signs 220 MWh Battery Storage Contract in Japan
CALB signs a 220MWh deal with Japan’s GRF, expanding its energy storage presence significantly.
China’s Premium SUV Crown Up for Grabs as AITO, Li Auto, NIO and Zeekr Clash
In May, four major Chinese SUVs, AITO M9, Li L9, NIO ES9, and Zeekr 9X, ignited fierce competition in the RMB 500,000 market segment.
