Geely Galaxy Unveils TT Electric Sedan With Up to 725 km Range
Geely Galaxy has officially named its new AI-enabled electric sedan “Galaxy TT,” emphasizing innovation and expanding its vehicle lineup.
June 2026
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BYD Hits 100K UK Deliveries, Nears 7% BEV Share Through May
BYD is now the UK’s top-selling EV brand, achieving over 100K deliveries and holding more than 7% of the market share.
China Holds 55% of Global EV Sales as May Market Expands 3%
Global electric vehicle sales rose to 1.8 million in May 2026, with regional performance diverging, particularly in China and Europe.
Huawei’s HIMA Adds Battery Suppliers to Cut Costs, Gotion to Power AITO
HIMA diversifies battery suppliers to reduce costs, moving away from exclusive reliance on CATL.
China Targets 40% Electrification Rate for New Heavy-Duty Trucks by 2030
China aims for electric heavy trucks to represent 40% of new sales by 2030, with significant infrastructure support and rapid growth expected.
Canada Industry Minister Courts Chinese EV Makers, Eyes Local Plants
Canada is courting Chinese automakers to enhance its automotive sector, attract investment, and ensure job security, shifting policies to encourage EV collaboration while imposing conditions on partnerships.
Li Auto Grants HK$2.3 Billion in Equity Incentives With Market Cap Targets
Li Auto granted new equity incentives tied to market performance, adjusting vesting structures amid recent operational challenges and losses.
China Enforces New EV Safety Standards From July on Batteries and Vehicles
New Chinese EV safety standards effective July 1 enhance crash protection and battery safety, emphasizing hardware solutions and real-world testing.
CIC Bluebook: Momenta, Huawei Control Over 80% of China Urban NOA Market
CIC Consulting’s report reveals China’s NEV penetration will reach 54% by 2025, with urban NOA adoption surging significantly.
Turkey Ends BYD Tax Breaks After $1 Billion Plant Plan Stalls
Turkey’s government ceased BYD’s import tax benefits due to delays in its planned factory, prompting BYD to focus on a more strategic Hungary facility.