CATL, Chery Deepen Battery Tie-Ups With Second $149 Million Venture in 2026
CATL and Chery established a new joint venture for battery production, expanding their partnership while Chery develops its own battery technology.
Latest in EV news, technologies, data and insights from China market
CATL and Chery established a new joint venture for battery production, expanding their partnership while Chery develops its own battery technology.
NIO’s firefly brand opened its first store in Thailand, launching an updated vehicle version; recent deliveries indicate significant growth and market leadership.
In September 2026, China’s pickup market thrived with a 42.5% sales rise, driven by strong exports and new energy pickups.
Global EV sales in September 2026 totaled 2.15 million, showing mixed regional performance, with Europe rising while China and North America declined.
BYD’s Fangchengbao brand surpassed 600,000 vehicle sales, with strong growth driven by the Titanium 7 SUV and new models.
BYD’s third-generation Qin Plus DM-i features larger dimensions, a redesigned exterior, and updated specifications set for increased sales.
XPeng will integrate Google Play Store into its smart cockpits, launching globally in early 2027, enhancing in-car app experiences.
CATL is restructuring its passenger vehicle division amid rising competition and battery supplier diversification, emphasizing battery-swapping operational growth.
China’s automotive exports surged in 2026, reaching 8.63 million vehicles and a value of $149.8 billion, driven by NEVs.
In September 2026, China’s power battery output rose 57.3%, driven by growing NEV sales and exports, with dominant LFP chemistry.