Latest in EV news, technologies, data and insights from China market
DENZA Auto’s new Z9 GT model has achieved over 10,000 deliveries in two and a half months since its March 5 launch. Priced between 269.8K–369.8K RMB, it offers electric and hybrid options with impressive ranges. The model emphasizes advanced battery technology and performance, aiming to boost brand visibility globally after facing previous sales declines.
Zhuoyu Technology opened its European headquarters in Braunschweig, Germany, launching a collaboration with Volkswagen for intelligent driving solutions.
SAIC Group became China’s first automaker to deliver 100 million vehicles, marking a historic milestone.
ONVO’s updated L60 pre-sales start May 29, focusing on intelligent driving and smart upgrades.
Porsche slashes production by half and cuts jobs after a 92.7% profit drop and 26% China sales decline. Meanwhile, Xiaomi’s Nürburgring lap times beat Porsche models, as Chinese EV makers shift consumer focus from brand prestige to smart performance.
NIO’s ES9 launch cut prices, boosting stock, with insights on product strategy, intelligent driving, and global expansion.
Global NEV sales in Q1 2026 reached 3.94 million units, with Chinese brands dominating the BEV and PHEV markets amid rising competition.
On May 27, NIO shares surged 9.32% following the launch of the ES9 SUV, exceeding investment expectations with high pre-orders.