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%.
March 2026
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Geely Expands in Five European Markets With E5, Starray EM-i
Geely E5 and Starray EM-i now span nearly 20 mainstream European countries, backed by localized supply and service networks.
Changan Auto’s Brazil Plant Officially Puts Into Operation
The CAOA CHANGAN factory in Brazil began production on March 26, launching the UNI-T model with flexible fuel capabilities.
SAIC Deploys First Humanoid Robot on Buick Battery Production Line
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 to Roll Out Battery Swap in May, Minor Facelift Due Later This Year
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.
IM LS8 Racks up 10,000 Pre-orders in 45 Min, Rivals NIO ES8 and AITO M8
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 Launches G6, G9 in Mexico, Eyes Latin America by 2028
XPeng Motors entered Mexico, launching G6 and G9 models, and plans a three-year Latin America expansion strategy.
Pony.ai Robotaxi Revenue Jumps 129% to $16 Million in 2025
Pony.ai reported 2025 revenues of RMB 629 million, with significant growth from its Robotaxi business and plans to expand globally.
Wuling Debuts Binguo Pro, Expands Mini EV Lineup
Wuling has unveiled the Bingo Pro Mini EV, expanding its best-selling entry-level lineup with up to 403 km range and fast charging.
Skoda to Exit China by Mid-2026, VW Shifts Focus to EV Localization
Skoda is set to exit China by mid-2026 after years of declining sales and limited EV competitiveness, marking a strategic shift within VW.