NIO’s Battery Asset Operator Weineng Listed to 2026 GEI China Unicorn Enterprises
Weineng Battery Asset Co. has entered the unicorn ranking with a $1 billion valuation, highlighting its innovative Battery-as-a-Service model.
August 5, 2026
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China NEV Retail Sales Ease 2% in July, Penetration Climbs to 64.4%
Passenger vehicle sales in China fell 18% year-on-year in July 2026, reflecting ongoing demand pressures and a seasonal slowdown.
BYD Unveils First Locally Produced Flex-Fuel PHEV Song Pro in Brazil
BYD has launched the Song Pro Super-Hibrido Flex Fuel, Brazil’s first locally produced flex-fuel hybrid vehicle, enhancing local production and ethanol compatibility.
HiNa Battery and Tonly Deliver World’s First 676 kWh Sodium-Ion Mining Truck
China has launched the world’s first sodium-ion battery-powered electric mining truck, advancing electrification in heavy-duty mining equipment.
Dongfeng Nissan Teases NX7 Ahead of Debut
Dongfeng Nissan’s upcoming NX7 SUV aims to attract younger buyers with a sportier design and advanced energy solutions, expanding its EV lineup.
SAIC, GM Deepen China Ties With JV Extended to 2047
SAIC Motor and General Motors renewed their joint venture for 20 years, focusing on new energy vehicles amid market challenges.
China-Made Cars Capture 37% of Australia’s Auto Market in July
According to data released by the Federal Chamber of Automotive Industries (FCAI), Australia recorded 103,656 new vehicle registrations in July…
GAC Group Sales Hit 886K Units in Jan-July, Exports Surge 130%
GAC Group’s vehicle sales rose to 886K in 2026, driven by new energy vehicles, self-owned brands, and overseas market expansion.