Hyundai Motor Aims to Double China Sales to 500,000 Units
Hyundai aims to double Chinese sales to 500,000 units while launching 20 new models over five years.
Latest in EV news, technologies, data and insights from China market
Hyundai aims to double Chinese sales to 500,000 units while launching 20 new models over five years.
The China Insurance Automotive Safety Index evaluated five new energy vehicles, revealing NIO ES8 and Li Auto i6 excel across all categories.
From March 16 to 22, 2026, China’s passenger car market saw a surge in sales, though new energy vehicle sales declined significantly.
China’s vehicle exports surged 61% in early 2026, primarily driven by new energy vehicles, amid weaker domestic demand.
The shooting brake market is expanding with fierce competition, but few models achieve consistent high sales despite growing interest.
Tesla plans to launch a low-cost Model 3 in China, featuring reduced configurations and lower production costs.
From January to February, China’s new energy vehicle production reached 1.604 million units, down 13.7% YoY, with a cumulative penetration rate of 39.9%.
Momenta aims for an IPO in Hong Kong by 2026, targeting over $14.5 billion valuation, following a previous U.S. filing setback.
Uncamouflaged spy photos of the NIO ES9 emerged, showcasing its large design, advanced features, and competitive pricing.
Xiaomi’s new SU7 model saw order spikes quickly post-launch, appealing to younger buyers with strong test drive engagement and competitive pricing.