Lynk & Co Names Gan Jiayue as Chairman in Management Reshuffle
Lynk & Co appointed new leadership as sales decline, emphasizing stability over price competition.
June 2026
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NIO-Backed Weineng Secures $443 Million Funding via Green Battery ABS
Weineng Battery issued its first green technology ABS on June 5, raising RMB 1 billion to enhance battery leasing services.
Honda’s China Deliveries Nearly Halve in May Amid EV Market Shift
Honda’s sales in China fell sharply, highlighting challenges in transitioning to electric vehicles.
Stellantis Starts Leapmotor C10 Local Assembly in Malaysia
Stellantis Malaysia confirmed Leapmotor’s local assembly operations have commenced in Gurun, producing the C10 model, with plans for the B10 by 2026, underlining their growing partnership and regional strategy.
BMW to End China-Made i3 Production in August
Recently, some media reported that the current China-produced BMW i3 will officially cease production in August this year at the…
Chinese Firms Capture Half of Japan’s Autonomous Bus Trials, BYD Leads With 36.4%
According to a report by Nikkei, citing the latest research from MM Research Institute (MM Souken), a total of 143…
China’s Used-Car Supply Tops 770k in May, HIMA Resale Values Fall
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 Major Shareholders Boost Stakes by $62.5 Million
Leapmotor’s shreholders increased their stakes again, while the company reported significant vehicle sales but widening net losses.
BYD South Korea Sales Halve in May as Chinese Brands’ Share Falls to 3.5%
In May 2026, South Korea’s imported vehicle registrations rose 5.9% year-on-year, with electrified vehicles making up 89% of imports.
Chery to Tap Nissan’s UK Sunderland Plant for Vehicle Production From 2027
Nissan and Chery signed a non-binding MOU for future vehicle production cooperation at Sunderland plant, starting in 2027, enhancing Chery’s European expansion.