China’s December Auto Market Snapshot: PV Retail Down 17% YoY, NEV Retail Hits 1.192M
From Dec 1–28, China’s passenger-vehicle (PV) retail sales reached 1.928M units (-17% YoY, -3% MoM), while wholesales totaled 2.134M units (-19% YoY).
2025
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China’s 2026 Auto Trade-In Subsidy: Aiming at the NEV Replacement Cycle
China’s 2026 national auto trade-in subsidy program has been finalized. The eligibility window for scrappage replacements has been widened again, bringing more early NEV owners into scope.
China Lifts Global Auto Sales as Market Share Hits 40% in Nov
China sold 31.08 million vehicles in the first 11 months, up 11% year on year, accounting for 35.4% of global sales.
Xiaomi CEO Lei Jun Teases New Year Livestream Teardown of YU7
Xiaomi’s Lei Jun will host a year-end livestream to dismantle the YU7, responding to public interest in teardowns.
XPeng Unveils G7 EREV with 1,704 km Range, Launch Set for Q1 2026
Xpeng G7 EREV delivers a CLTC-rated pure electric range of 430 km and a combined range of 1,704 km.
ONVO Rolls Out Coconut 2.1.0: E2E City Pilot Goes Live, Parking Upgraded to End-to-End
ONVO begins full deployment of Coconut 2.1.0, introducing end-to-end city pilot assist and parking capabilities.
firefly Pushes Aster 1.3.0 OTA in China After European Rollout
Aster 1.3.0 OTA in China spans four areas, including intelligent assisted driving, the intelligent cockpit, the in-car companion lumo, and overall vehicle experience.
SGMW, Huawei-backed Baojun Huajing S Set for Market Launch in H1 2026
Huajing S is equipped as standard with Huawei Qiankun ADS 4 Pro, the HarmonySpace 5 cockpit system, and the Qiankun vehicle-cloud platform HUAWEI IVCS.
CATL Sets 2026 Timeline for Large-Scale Sodium-Ion Battery Deployment
According to the plan, CATL’s sodium-ion batteries will see concentrated deployment from 2026 across battery swapping, passenger vehicles, commercial vehicles, and energy storage.
BYD Refutes Online Rumors on Flying Car Development
BYD said it currently has no related plans or arrangements to launch a flying car, urging restraint amid traffic-driven speculation.