FAW-GAC Deal Could End Toyota’s Two-JV Era in China
FAW and GAC’s planned restructuring could put Toyota’s long-standing two-JV structure in China up for change.
Latest in EV news, technologies, data and insights from China market
FAW and GAC’s planned restructuring could put Toyota’s long-standing two-JV structure in China up for change.
August 2026 saw a 23% drop in China’s passenger vehicle retail sales, with SUVs driving market growth.
Leapmotor plans to invest in PHEV technology, expanding its overseas lineup by 2027, responding to diverse market needs.
CATL and BME will build a $39M electric vehicle battery plant in Egypt, enhancing local manufacturing capabilities.
Leapmotor’s B01 and B10 reached 300,000 production units, marking rapid success in global markets and competitive mainstream pricing.
BYD plans to launch a solid-state battery vehicle in 2027 as a technology model, not mass-market, targeting premium segments.
In August 2026, average vehicle prices in China increased, with a notable shift toward higher-quality, premium segments.
BYD cancels its Malaysian assembly plant plans, shifting to contract manufacturing while maintaining local production ambitions.
Chery plans to launch four new SUVs, including an EV, in the UK, and establish an R&D center to localize vehicle tuning.
XPeng launched the G7 and P7+ REEV models in Egypt, marking its expansion into the Middle East with competitive pricing and impressive ranges.