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NIO will begin constructing its fifth-generation battery swap stations in 2026, with plans to add over 1,000 new swap stations and build more than 100 Power Up Scenic Routes.
According to incomplete statistics, more than 20 automakers have currently followed up with 7-year low-interest financial policies.
The partnership will support compliance with tightening EU battery regulations, reinforcing BMW’s electrification strategy and China localization push.
The model is expected to target the RMB 150,000–200,000 ($21,800–$29,060) EV coupe segment, differentiating itself from the fuel-powered MG7.
BYD achieved this milestone even as the EU slaps a 27% tariff on China-made EVs, with growth driven by the budget-friendly Dolphin Surf.
Of the total 3.57 million vehicles in inventory, the manufacturer share stands at a historically high 32%.
The price easing reflects mounting sales pressure on traditional luxury brands. In 2025, Audi’s sales declined 5% year on year, while Mercedes-Benz and BMW fell 19% and 12.5%, respectively.
The Leapmotor B03X is expected to be priced between 80,000 and 100,000 RMB, competing mainly with popular compact models such as the Geely Xingyuan and BYD Yuan UP.
China exported 27,000 pickup trucks in January 2026, up 44% YoY but down 5% MoM, with the industry’s export share remaining at a high level.
The draft would require subsidized EVs to be assembled in the EU, with at least 70% of components sourced locally, excluding batteries. The threshold remains under discussion.