GAC Becomes China’s Fifth Automaker to Roll Out 30 Million Vehicles
GAC Group celebrates its 30 millionth vehicle production milestone, with strong growth in domestic and international markets.
July 16, 2026
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CATL Signs 5GWh Sodium-Ion Storage Deal with Alfen, TENER Makes European Debut
CATL and Alfen agreed to deploy 5GWh of sodium-ion energy storage systems in Europe, enhancing energy storage solutions and reducing costs.
Geely’s Xingyuan (EX2) Tops 800K Cumulative Sales in Under Two Years
Geely’s Xingyuan (EX2), launched in 2024, surpassed 800,000 units sold, becoming China’s best-selling new energy vehicle.
China EV Battery Installations Hit 76.5 GWh in June, CATL Retains Top Spot
In June 2026, China saw a notable increase in battery production and sales, driven by NEV demand and led by CATL.
BYD Hires Ex-Hungarian Foreign Minister Amid Europe Localization Push
Peter Szijjarto has resigned from the Hungarian parliament to join BYD, overseeing external relations and business developments in Europe.
Xiaomi EV Adds Europe After-Sales Jobs Ahead of 2027 Launch
Xiaomi EV is expanding in Europe, hiring for aftersales roles and planning to enter the market in 2027, targeting premium vehicles.
China NEV Retail Share Tops 63.1% in Early July as Fuel Output Plunges
China’s passenger vehicle market faces a July slowdown, yet new energy vehicles thrive, capturing significant market share amid seasonal challenges.