China NEV Retail Sales Fall 14% in Early June, Penetration Rate Hits 66.7%
China’s passenger vehicle market remained under pressure in the first week of June, while new energy vehicles (NEVs) continued to gain market share.
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China’s passenger vehicle market remained under pressure in the first week of June, while new energy vehicles (NEVs) continued to gain market share.
China’s May 2026 auto market shows declining domestic sales but increasing robust exports, especially for NEVs.
XPeng launched the refreshed X9 in Malaysia, planning local assembly, expanded dealerships, and enhanced charging infrastructure by 2028.
Huawei-backed Stelato has begun road-testing its first MPV, aiming to strengthen its position in China’s expanding premium MPV market.
XPeng CEO He Xiaopeng has taken direct control of the company’s robotics business as it targets mass production of the IRON humanoid robot in Q4 2026.
LUXEED announces the RX SUV, designed by a former Ferrari chief, aiming to boost declining sales.
Pony.ai partners with Bolt and Stellantis to test Robotaxi services in Luxembourg, enhancing European autonomous mobility.
The stark contrast between its massive pre-orders and extremely low conversion rate directly reflects the continuous erosion of the growth dividend powered by Huawei’s smart tech.
Xiaomi delivered 32,759 vehicles in May, primarily the SU7. The YU7’s sales have declined significantly, prompting new variants, but competition grows fiercer.
NIO rejects U.S. military ties after being added to the Chinese Military Companies list, seeking corrections.