Latest in EV news, technologies, data and insights from China market
Tesla’s next-generation AI5/HW5 Full Self-Driving chip has begun mass production with TSMC, boasting 2000-2500 TOPS performance, emphasizing improved safety, supply chain diversification, and upgraded cameras.
NIO plans to seek strategic investors for its semiconductor business while retaining control. Its self-developed chips reduce costs and enhance performance, despite significant net losses.
The 2026 Leapmotor C16 launches with 8 variants, featuring extensive upgrades, a new 5-seater version, and advanced technology—aiming for significant sales momentum in electric vehicles.
Geely launched the EX5 electric SUV in six Adriatic countries, expanding into international markets. This model has achieved notable success, especially in Australia, with over 1,000 registrations.
Leapmotor has surpassed 800,000 vehicle deliveries, achieved quarterly profitability, and led NEV sales in China, poised to reach 1 million deliveries this year.
Xiaomi’s YU7 electric SUV will launch in late June, showcasing impressive driving performance and varying trims. The hierarchy in power, comfort, and features raises questions about pricing competitiveness.
BYD partners with TELD and Star Charge to establish a megawatt-level flash charging network, enhancing electric vehicle charging efficiency and accessibility across China by 2025.
NIO plans to expand in Europe from 2025 to 2026, introducing five models in several countries and collaborating with local mobility providers for market entry.
In the week of June 9-15, 2025, Tesla and AITO excelled in China’s new energy vehicle sales, while other brands struggled, indicating a weakening market despite some short-term spikes.
NIO’s Firefly, an all-electric compact vehicle, is testing in Melbourne and preparing for an international launch across 16 regions with a focus on battery swapping technology.