China Car Retail Sales Fall 29% in September 1-27: CPCA
China recorded 1.258 million passenger-car retail sales on September 1-27, down 29% year on year. NEV sales fell 20%, with a 65.7% share.
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Zeekr Says It Has No Current Plans for Battery-Swap Models
Zeekr says it currently has no plans to develop battery-swapping models, following NIO and Geely’s charging and battery-swapping partnership.
China Auto Trade-Ins Cover 5.35 Million Vehicles in Jan-Aug
China’s auto trade-in program covered 5.353 million vehicles in Jan-Aug. Eligible buyers scrapping an old car for a new NEV can get up to RMB 20,000.
XPeng Opens X9 and L03 Pre-Orders in the Philippines
XPeng’s X9 starts at PHP 3.858 million and the L03 at PHP 1.548 million in the Philippines. Deliveries are expected in Q4 2026.
BYD Fangchengbao Ti9 Revealed With 310 km WLTC EV Range
Fangchengbao’s six-seat Ti9 PHEV has a claimed 310 km WLTC electric range. Prices are expected at RMB 250,000-300,000 but remain unconfirmed.
GAC Plans to Buy 50% of FAW Toyota Through Share Issue
GAC plans to buy FAW’s 50% stake in FAW Toyota through shares priced at RMB 5.75 each. GAC and Toyota would each hold half after closing.
Gotion, VW Plan $3.67B Battery and Materials Joint Ventures
Gotion and VW’s PowerCo plan three joint ventures in Spain, Slovakia and Morocco, investing EUR 3.22 billion in batteries and LFP cathode materials.
Huawei-Chery Luxeed RX Launches From RMB 259,800
The Luxeed RX starts at RMB 259,800, above the Xiaomi YU7 and Voyah Passion S. All six variants are RMB 10,000 below their pre-order prices.
XPeng to Merge Four Product Divisions Into Two: Report
XPeng is reportedly merging its sedan and overseas product teams into its G division. MONA stays under D as four product divisions become two.
China Vehicle Imports Fall 51% to 23,000 in August
China imported 23,000 vehicles in August, down 51% year on year and 48% from July. Germany led monthly imports as Japan fell to fifth.