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.
Read More
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.
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.
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.
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.
Chery Group August Sales Top 280K Units, Driven by NEVs and Exports
Chery Group’s August 2026 sales increased 15.4% YoY, driven by strong NEV growth and significant overseas expansion, exceeding 7 million exports.
Horizon Robotics H1 Revenue Rises 32.9% as Adjusted Net Loss Widens 25.4%
Horizon Robotics reported a 32.9% revenue increase to RMB 2.055 billion in H1 2026, but adjusted net losses widened 25.4%.
VW China Probes Into Xingyu Lighting Supply Chain After Graduate Layoffs
Volkswagen China initiated an investigation into Xingyu Lighting’s mass layoffs of new graduates amid labor rights concerns.
China Solar Capacity Overtakes Coal Power as Largest Installed Power Source
China’s solar power capacity reached 1.286 billion kW, surpassing coal for the first time, marking a significant renewable energy milestone.
China Rolls Out Dual Auto Standards, Clearing Path for L3 Automated Driving
China will implement two new vehicle standards in July 2024, enhancing safety while loosening size restrictions for intelligent vehicles and commercial EVs.