China EV Sales Race Heats Up in May as Leapmotor Sets Record, NIO Surges
China’s auto industry stabilized in May, with several brands achieving record deliveries amid competitive pressures.
Latest in EV news, technologies, data and insights from China market
China’s auto industry stabilized in May, with several brands achieving record deliveries amid competitive pressures.
April was an exceptionally active month for China’s auto industry. The opening of the Beijing Auto Show 2026 pushed automakers…
After more than a decade, China’s NEV purchase tax exemption policy has ended, leaving the auto market noticeably subdued in January.
In the NEV sector, the performance of GAC Group’s joint venture brands showed divergence.
The JD.com purchase page now lists terms including a 3,000-km monthly driving limit and invoice issuance restricted to Guangzhou and Shanghai within the full delivery process description.
The Choco-Swap system will complete more than 2,500 stations across 140 cities by 2026, with a long-term target of 30,000 stations.
The strategic cooperation will focus on three key areas: intelligent chassis, battery swap technology, and battery leasing.
In October, BYD delivered over 930 vehicles, setting a fresh monthly high since its market debut in Hong Kong.
The Aion UT Super is the first private-car model to use CATL’s Chocolateswap system: 500 km range and a 99-second swap.
In Hongkong’s EV brand ranking in Sept., BYD led with 920 units, followed by Tesla (853), Zeekr (546), GAC Aion (246), BMW (146), and XPeng (120).