Jan‑Feb 2026 China Auto Revenue: $205.9b, Profit Margin Slumps to 2.9%
China’s automobile industry faced declining profits amid rising costs in early 2026, with profits falling 30% and a low margin of 2.9%.
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Changan Auto’s Brazil Plant Officially Puts Into Operation
The CAOA CHANGAN factory in Brazil began production on March 26, launching the UNI-T model with flexible fuel capabilities.
IM LS8 Racks up 10,000 Pre-orders in 45 Min, Rivals NIO ES8 and AITO M8
The IM LS8, a premium full-size SUV, launches with pre-sale prices starting at RMB 259,800, featuring advanced tech and spacious designs, sparking significant interest.
Pony.ai Robotaxi Revenue Jumps 129% to $16 Million in 2025
Pony.ai reported 2025 revenues of RMB 629 million, with significant growth from its Robotaxi business and plans to expand globally.
Wuling Debuts Binguo Pro, Expands Mini EV Lineup
Wuling has unveiled the Bingo Pro Mini EV, expanding its best-selling entry-level lineup with up to 403 km range and fast charging.
China NEV Retail Sales Hit 495,000 in Mar, Penetration Rate Reaches 53.9%
From March 16 to 22, 2026, China’s passenger car market saw a surge in sales, though new energy vehicle sales declined significantly.
Shooting Brake Segment Heats Up in China as Huawei, Zeekr, NIO Step In
The shooting brake market is expanding with fierce competition, but few models achieve consistent high sales despite growing interest.
Xiaomi Becomes BYD’s Top External Battery Customer, Accounting for 17.9%
From January to February, China’s new energy vehicle production reached 1.604 million units, down 13.7% YoY, with a cumulative penetration rate of 39.9%.
China’s Oil Prices Near 9 Yuan/Liter: Is Megawatt Ultra-Fast Charging the Big Winner?
Rising oil prices are pushing fuel car owners to envy electric vehicles, prompting advancements in fast charging technology.
BYD Expands Thailand Lineup With DENZA, Launches 4 New Models
BYD launched four new energy models at the Bangkok Motor Show, enhancing its market presence in Thailand.
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