China EV Price Cuts Average 12% in March as Price War Stabilizes
In March 2026, new energy vehicle prices fell by 12%, signaling a shift to stable pricing amid ongoing promotional strategies.
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BYD’s H1 Revenue Hits 371.3 Billion Yuan, Surpassing Tesla’s – But Is It Truly on Solid Ground?
Increased competition and market pressures may challenge BYD’s annual sales goal of 5.5 million vehicles in 2025.
China Lowers Luxury Car Tax Threshold to $125,000, NEVs Included
China has revised ultra-luxury vehicle tax thresholds, lowering the limit to $125,000 and expanding it to include NEVs. This aims to balance consumption and tax revenue.
BYD Reveals Interior of Yangwang U8L, Set to Launch in H2 2025
The Yangwang U8L, a luxury SUV with three-row seating, features executive second-row seats, advanced technology, and impressive performance, set to launch in late 2025.
Yangwang U9 Returns to Nürburgring in Hunt for Lap Record
According to official sources, the Yangwang U9 will return to Germany’s Nürburgring Nordschleife in July for another round of lap time testing.