China NEV Penetration Hits 62.9% in May, Export Share Smashes Record 54%
China’s passenger-car market faced pressure in May with weak domestic demand, while exports surged. Despite a drop in overall sales, NEV penetration reached a record 62.9%.
June 8, 2026
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China Validates Solid-State Battery for eVTOL in Cross-Sea Flight, Range Up 90%
Solid-state batteries could benefit eVTOLs first, showing successful performance in flight tests, though commercialization still faces challenges ahead.
China EV Price Cuts Average 9.6% in May, Below Broader Market Decline
In May 2026, discounted NEV prices in China dropped by 9.6%, while gasoline vehicles saw higher discounts at 14.9%.
BYD Unveils DaHan Flagship Sedan, Eyes Revival of Han Lineup
Lu Tian unveiled the BYD Great Han, the brand’s first D-segment flagship sedan, targeting China’s premium market with advanced technology and design, set for a third-quarter release.
Huawei-Backed Maextro Unveils V800 Luxury MPV After S800 Sedan
Huawei-backed Maextro has unveiled the V800, its second production model after the S800 sedan and the brand’s first entry into the ultra-luxury MPV segment.