Li Auto Cuts New MEGA Price to $75.9K to Reignite Demand
Li Auto launched the new-generation MEGA at RMB 509,800, marking its first major all-electric model with significant upgrades and comfort features.
September 2, 2026
Read More
BYD Sealion 08 Launches From RMB 229,900 With Flash Charging
BYD’s Sealion 08 offers five or six seats and EV or PHEV power. Prices start at RMB 229,900, with up to 900 km CLTC range for the EV.
Volvo Global Sales Fall 7.4% in Jun-Aug as China Discounts Fail to Lift Demand
Volvo Cars’ global sales fell 7.4% in mid-2026, but electrified vehicle sales grew, driven by price cuts amid declining demand.
CATL Hungary Cell Project Faces Partial Work Halt Over Nickel
Hungarian regulators suspended work in parts of CATL’s cell project over nickel exposure. Cell mass production has yet to start; modules are operating.
France EV Share Hits 38% in August, Chinese Brands Top 7K Registrations
In August 2026, France’s new-car market grew 7.4% YoY, with BEVs gaining significant market share and BYD leading among Chinese brands.
BYD August Sales Reach 433,384; Overseas Sales Set Record
BYD sold 433,384 passenger vehicles in August, up 16.7%. Overseas sales including pickups reached a record 188,746, up 134.6%.
SAIC August Sales Reach 357K Units as Overseas Sales Jump 57.7%
In August 2026, SAIC Motor sold 357,000 vehicles, with self-owned brands and NEVs showing significant growth, driving cumulative sales higher year-on-year.
NIO Q2 Earnings: Non-GAAP Profit, but GAAP Loss Remains
NIO posted RMB 26 million in Q2 non-GAAP net profit but a RMB 528 million GAAP net loss. Vehicle margin reached 18.5% as costs remain a challenge.
China EV Sales in August: Leapmotor Logs Record as NIO, XPeng Extend Gains
China’s new-energy vehicle market was subdued in August, yet key brands like BYD and XPeng experienced notable growth amid cautious conditions.