Li Auto Restructures R&D, AD Department to Be Reorganized
Li Xiang, CEO of Li Auto, stated in an internal meeting this week that the restructuring of the R&D team is aimed at addressing the new round of competition in AI.
Latest in EV news, technologies, data and insights from China market
Li Xiang, CEO of Li Auto, stated in an internal meeting this week that the restructuring of the R&D team is aimed at addressing the new round of competition in AI.
Sales of Chinese indigenous brands in Russia fell 20.5% year-on-year in 2025 to 850,000 units, down from 1.069 million in 2024.
By the end of 2026, Dongfeng Nissan will launch 5 new energy models, covering SUVs and sedans with various powertrain types including all-electric, plug-in hybrid, and range-extender.
According to the brand’s plan, starting from 2026, MG will launch 13 new energy models over three years, covering sedan and SUV segments within the 80,000 to 300,000 RMB price range.
WeRide GENESIS supports multi-model adaptation, ranging from L2+ ADAS to L4 autonomous driving systems.
Cumulative new energy pickup sales in 2025 reached 73,000 units, surging 243%, forming a strong growth trend that far outpaced the overall pickup market.
In the pure EV sector, Chinese brands dominated the 2025 resale value rankings, claiming 12 of the top 15 spots.
Auto industry profit margin dropped to 4.1% in 2025; December’s 1.8% hit a recent low.
The BYD Datang is expected to be priced from over 300,000 RMB and will pit it against the AITO M9 and Li L9 upon its launch.
Japan, Germany, the United States, Slovakia, and the United Kingdom remain the core source markets for China’s passenger car imports.