Volkswagen Group China Unveils VEGA Tech Stack, Targets Overseas Expansion
Volkswagen Group China launched VEGA, its integrated tech stack, aiming to expand globally from China.
Gotion High-Tech Posts 54% Revenue Growth, 66% Drop in Net Profit for Jan–Sep
Gotion High-Tech experienced significant revenue growth but declining net profit due to investment fluctuations, while its battery business thrives.
China Passenger Car Retail Sales Drop 26% in Oct. 1-25, NEV Retail Reaches 753K
China’s car sales fell 26% year-over-year in October, with a 22% decline in year-to-date figures.
Wuling Hongguang MINIEV Tops 2M Cumulative Sales in 76 Months
Wuling Hongguang MINIEV surpassed 2 million sales but faces declining demand in China’s mini EV market.
XPeng Begins Small-Batch Production of Solid-State Batteries for IRON Robot
XPeng has begun small-batch production of solid-state batteries for its IRON humanoid robot, progressing towards large-scale production by 2026.
NIO-Led Electric Drive Project Wins Top Award From China SAE
NIO’s project on high-power-density electric drive systems won first prize at the China-SAE Science and Technology Awards for innovation.
Great Wall Motor to Start Ora 5 Production in Bulgaria in Q1 2027
Great Wall Motor will produce the Ora 5 SUV in Bulgaria by 2027, marking its European manufacturing debut.
CATL Signs Five-Year European Deal for 3 GWh Sodium-Ion Energy Storage
CATL partners with INTILION to deploy 3 GWh of energy storage systems in Europe, enhancing their existing collaboration.
NIO Factory Two Earns 2026 National Excellence-Level Smart Factory Title
NIO’s Factory Two in Hefei has been designated a 2026 National Excellence-Level Smart Factory for innovation.
Porsche’s Jan–Sep Operating Margin Hits 6.9% as China Sales Drag Global Deliveries
Porsche’s revenue declined by 5.9% in 2026, but operating profit increased significantly. Deliveries, especially in China, faced challenges.
