China Pickup Exports Jump 44% in June, Leading Auto Overseas Growth
The June 2026 pickup market report indicates strong export growth, with national sales reaching 62,000 units, benefiting manufacturers significantly.
July 14, 2026
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China Auto Profit Margin Hits Decade Low of 1.5% in H1 2026
China’s vehicle manufacturing sector’s profit margin dropped to 1.5% in H1 2026, the lowest in nearly a decade.
Geely Galaxy EX2 launches in Australia starting at A$26,490
Geely Auto’s Galaxy EX2 launches in Australia this month, priced competitively for electric vehicles.
China NEV Owners Cut Vehicle Replacement Cycle to 1.8 Years
China’s new energy vehicle owners change vehicles every 1.8 years, unlike traditional cars with an 8.2-year average ownership cycle.
China NEV Fleet Nears 49 Million by End-June, Penetration Hits 13.2%
China’s motor vehicle fleet reached 476 million by mid-2026, with new energy vehicles growing rapidly, now at 49% of new registrations.
BYD’s New Sedan Tops Bugatti Chiron’s Power at Half Its European Price in China
Denza’s all-electric supercar, the Denza Z, pre-sells in three versions for RMB 680K to RMB 1.18M, aiming for premium recognition and performance in global markets.
Goldman Turns Bullish on NIO, Forecasts 43% Sales Growth for 2026
Goldman Sachs upgraded NIO to “Buy,” raising its price target to $7, anticipating significant growth and profitability improvements by 2026.
BYD Thailand Deliveries Top 130K After Two Years of Local Production
BYD’s Thailand plant celebrates two years with over 130,000 NEV deliveries, enhancing local production and employment.