China NEV Sales Share Could Reach 75-80% by 2030: Sinopec
A Sinopec researcher forecasts a 75-80% NEV sales share in China by 2030 and estimates NEVs will displace 56 million tonnes of oil demand in 2026.
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A Sinopec researcher forecasts a 75-80% NEV sales share in China by 2030 and estimates NEVs will displace 56 million tonnes of oil demand in 2026.
Suspected third-generation BYD Han spy shots suggest new lights, semi-hidden handles and a revised dashboard. BYD has not confirmed a launch date.
FinDreams Battery and Changsha Fusheng plan Blade Battery solutions for industrial, mining and shunting rail vehicles, with certification work ahead.
Dongfeng plans an October debut and Q4 2026 vehicle applications for its 350 Wh/kg hybrid solid battery, following temperature and safety tests.
The 2026 Li i6 filing lists CALB and Sunwoda cells in Li Auto battery packs. Li Auto says both sources must meet the same quality standards.
CATL shares fell more than 4% intraday to HK$546.5 on September 8, as Li Auto and Xiaomi expanded their own battery development plans.
BYD targets 1.9-2 million overseas sales in 2026 and over 2.5 million in 2027, with shipping capacity and battery supply limiting growth.
China’s NEVs with price cuts averaged a 17.8% reduction in August 2026. Cuts were concentrated in select models, while promotions stood at 8.6%.
Denza plans a new Z9 GT e3 EV variant for September 9. A smaller battery could reduce weight and price, but specifications remain unconfirmed.
Li Auto plans to expand its own 5C batteries from H2 2026. The new i6 is due in Q4, while MEGA and i9 will initially use CATL batteries.