Latest in EV news, technologies, data and insights from China market
The China Automobile Dealers Association’s May 2026 report shows a recovering used-car market with increased listings and rising consumer demand, particularly for subcompact vehicles, despite declines in overall value retention among luxury brands.
Leapmotor’s shreholders increased their stakes again, while the company reported significant vehicle sales but widening net losses.
In May 2026, South Korea’s imported vehicle registrations rose 5.9% year-on-year, with electrified vehicles making up 89% of imports.
Nissan and Chery signed a non-binding MOU for future vehicle production cooperation at Sunderland plant, starting in 2027, enhancing Chery’s European expansion.
BYD partners with Sinopec to enhance flash charging stations and diversify energy service ecosystems.
Germany’s new vehicle registrations grew 3.6% in early 2023, with EVs surging 39.3%. Chinese brands BYD and Leapmotor showed remarkable growth, outperforming traditional automakers.
In May 2026, UK EV registrations surged, with battery-electric vehicles growing 31%, capturing 27% market share amid declining gasoline registrations.