Hesai Targets 4 Million LiDAR Capacity in 2026, Partners With Nvidia on L4 Rollout
Hesai has doubled annual deliveries for five straight years, with 2025 shipments exceeding 1.6 million units.
Latest in EV news, technologies, data and insights from China market
Hesai has doubled annual deliveries for five straight years, with 2025 shipments exceeding 1.6 million units.
China’s used-car transaction volume reached 896,000 units in December, down 9% year-on-year and 2.7% month-on-month.
LandRoads’ report reveals stable NEV brand rankings, highlighting gains for mid-tier brands and evolving consumer perceptions.
Xiaomi Auto needs to achieve a growth of approximately 34% compared to 2025.
Xiaomi’s Lei Jun will host a year-end livestream to dismantle the YU7, responding to public interest in teardowns.
December sales in China’s auto industry are declining, with concerns about lack of incentives and consumer hesitation.
The facelifted model is said to bring multiple upgrades, with the starting price reportedly rising by RMB 20,000 ($2,800), from the current RMB 215,900 ($30,226) to RMB 235,900 ($33,026).
These cars are available for purchase on the Xiaomi Auto app and are open to all users, including those who have locked an order but have not yet taken delivery, allowing them to reselect configurations.
November saw demand volatility in China’s NEV market, with BYD and Tesla leading sales despite competition challenges.
GAC will introduce Aion UT and Aion V in Japan, priced at JPY 3.3 million ($21,000) and JPY 5 million (32,000), respectively.