SAIC Retail Sales Top 1 Million in Q1, Growth Led by Own Brands and Exports
SAIC Motor reported record March sales of 376,000 vehicles and over 1 million retail deliveries in Q1 2026, driven by growth.
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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.
Momenta Reportedly Files for Hong Kong IPO, Seeks Listing Within 2026
Momenta aims for an IPO in Hong Kong by 2026, targeting over $14.5 billion valuation, following a previous U.S. filing setback.
BYD Sales Slide 41% as NIO, Zeekr Post Sharp Gains in Feb Delivery Race
February saw stagnant sales for NEV makers, with mixed year-on-year growth and market preparation ahead.
IM Motors Launches IM5, IM6 in UAE and Tunisia, Pushes MENA Expansion
Mass deliveries of the two models in Abu Dhabi are set for March–April, joining the locally available IM LS7.
China’s Top 10 Large NEV SUVs in Dec 2025: NIO ES8 Takes Lead, Zeekr 9X Holds Strong
In December 2025, competition in China’s large NEV SUV market intensified, led by NIO ES8, AITO M8, and Zeekr 9X.
IM Motors Achieves First Full-Cost Profitability in December, Plans LS8 Launch in 2026
IM Motors achieved consecutive quarter-on-quarter sales growth in 2025 and recorded monthly sales above 10,000 units for four consecutive months.
SAIC Motor Plans to Hold IM Motors Equity Directly
SAIC Motor plans to directly hold part of IM Motors’ equity, converting indirect ownership via the Yuanjie Fund into a group-level stake, with the restructuring effective from January 31, 2025.
December EV Debuts: Audi, BYD, Lotus, Smart and Nissan Unveil New Models
December saw diverse new electric vehicle filings in China, with notable models from Nissan, Audi, and BYD.
China NEV Market in Nov: HIMA Surges Past 80K, Leapmotor Holds Steady Above 70K
In November, the auto market thrived, with sustained delivery growth and record highs among numerous Chinese NEV brands.