Li Auto CEO Considers First-Ever Share Buyback in Hong Kong
In the capital markets, a share buyback is often seen as a signal that management believes the current share price is below its intrinsic value.
March 2026
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Global EV Sales Slip to 1.218 Million in Jan as Chinese Automakers Take Seven of Top Ten
China remained the largest EV market with 646,000 units sold in Jan, accounting for 53% of global demand.
China NEV Sales Fall 14.2% to 765,000 in February as Exports Surge 1.1x
The top 15 automakers sold a combined 1.65 million NEVs, accounting for 96.5% of the total NEV market.
BYD Becomes Second Chinese Carmaker to Join IATF After Geely
So far, the Chinese automakers that have joined the IATF include Geely Holding Group and BYD Group.
NIO Posts First-Ever Profit as CEO William Li Sets Ambitious Incentive Plan
NIO Inc. achieved its first net and operating profits in Q4 2025, marking a significant turnaround after years of losses amid increasing competition.
BYD Eyeing F1 Entry Through Racing Team Acquisition
Insiders revealed that cost could be one of the obstacles to its F1 entry.
Volkswagen Anhui Taps Former XPeng/Avatr Veteran as New CMO
Volkswagen Anhui has formally established a localized core management team comprising CEO Stefan Timmermann, COO Liu Zhanshu, and CMO Li Pengcheng.
Xiaomi Offers Free Aerodynamic Upgrade for SU7 Ultra With Carbon Fiber Hood
The upgrade improves downforce during track mode or high-speed driving above 150 km/h and can be completed at service centers in about two to three hours.
Mercedes-Benz Mulls Sharing South Africa Plant With GWM Amid Tariff Pressure
If a plant-sharing agreement is reached, it could help Mercedes alleviate excess capacity while giving GWM local production access for its Haval and Tank brands in South Africa.
BYD Introduces Sealion 7 EV, Atto 8 PHEV in Chile Market
BYD has launched two new SUVs in Chile: the BEV Sealion 7 (sold as the Sealion 07 EV in China) and the PHEV Atto 8 (known domestically as the Tang L).
The Sealion 7 starts at CLP 36,990,000 ($40,689) and targets rivals such as the Tesla Model Y, while the Atto 8 is priced from CLP 43,990,000 ($48,389).