Jan‑Feb 2026 China Auto Revenue: $205.9b, Profit Margin Slumps to 2.9%
China’s automobile industry faced declining profits amid rising costs in early 2026, with profits falling 30% and a low margin of 2.9%.
Latest in EV news, technologies, data and insights from China market
China’s automobile industry faced declining profits amid rising costs in early 2026, with profits falling 30% and a low margin of 2.9%.
Geely E5 and Starray EM-i now span nearly 20 mainstream European countries, backed by localized supply and service networks.
The CAOA CHANGAN factory in Brazil began production on March 26, launching the UNI-T model with flexible fuel capabilities.
SAIC has deployed its first humanoid robot on a mass-production battery line, marking one of the earliest real-world applications in China’s auto industry.
firefly confirms battery swap rollout is on track, with internal testing starting by end-March and first user access via “pioneer stations” set for May.
The IM LS8, a premium full-size SUV, launches with pre-sale prices starting at RMB 259,800, featuring advanced tech and spacious designs, sparking significant interest.
XPeng Motors entered Mexico, launching G6 and G9 models, and plans a three-year Latin America expansion strategy.