Tesla, ONVO Lead China NEV Residual Value Rankings in Q1
LandRoads’ Q1 2026 report reveals Tesla’s leading residual value of 82.7%, followed by ONVO benefiting from the BaaS model.
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Lei Jun Says Xiaomi Won’t Launch Sub-RMB 100,000 EVs in Near Term
Xiaomi plans to focus on mid-to-high-end electric vehicles, avoiding low-cost models due to cost constraints and brand positioning.
Leapmotor, NIO Lead March Rebound as China EV Sales Surge After February Slump
In March 2026, China’s auto market saw substantial growth, with significant deliveries and new model launches across various brands, signaling recovery post-February slump.
Former Tesla China Executive Kong Yanshuang Joins Xiaomi Auto
Kong Yanshuang, ex-Tesla China head, joins Xiaomi to enhance automotive sales amid growth ambitions.
SAIC Deploys First Humanoid Robot on Buick Battery Production Line
SAIC has deployed its first humanoid robot on a mass-production battery line, marking one of the earliest real-world applications in China’s auto industry.
Xiaomi’s Next-Gen SU7 Sees Strong Demand, 70% Buyers Skip Cross-Shopping
Xiaomi’s new SU7 model saw order spikes quickly post-launch, appealing to younger buyers with strong test drive engagement and competitive pricing.
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.
Hesai Posts First Full-Year Profit, Targets Up to 3.5 Million Lidar Units in 2026
Hesai Technology reported significant financial growth in 2025, achieving profitability and increasing lidar shipments to 1.6 million units.
China B-Class SUV Sales Rise 31% YoY in Feb as Model Y, Xiaomi YU7 Lead
In February 2026, China’s passenger vehicle sales dropped significantly, impacted by subsidy withdrawals, especially in lower segments.
Xiaomi Secures Title Sponsorship for China’s Three Premier Motorsport Series
Xiaomi SU7 Ultra and YU7 to serve as official safety car and medical car respectively.