CATL, CALB Join Push to Cap Supplier Payment Terms at 60 Days
China’s power battery industry is moving to standardize supplier payment practices, following similar commitments made earlier by automakers.
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XPeng Teases First MONA SUV Ahead of Imminent L03 Launch
XPeng has officially kicked off the teaser campaign for the MONA L03, the lineup’s first-ever SUV.
Canada Industry Minister Courts Chinese EV Makers, Eyes Local Plants
Canada is courting Chinese automakers to enhance its automotive sector, attract investment, and ensure job security, shifting policies to encourage EV collaboration while imposing conditions on partnerships.
China NEV Penetration Hits 62.9% in May, Export Share Smashes Record 54%
China’s passenger-car market faced pressure in May with weak domestic demand, while exports surged. Despite a drop in overall sales, NEV penetration reached a record 62.9%.
Lynk & Co Names Gan Jiayue as Chairman in Management Reshuffle
Lynk & Co appointed new leadership as sales decline, emphasizing stability over price competition.
China’s Sodium-Ion Batteries Enter Mass Production as CATL, Pret Ramp Up
The commercialization of sodium-ion batteries is accelerating rapidly in China. Chinese new energy materials company Pret said at a recent…
China’s Q1 Lithium Battery Demand Hits 354.82 GWh, Exports Grab 65% Share
Q1 2026 lithium battery demand soared 43% YoY, driven by 76% growth in exports.
NIO CEO William Li in Full Q&A Following the ONVO L80 Launch Event
NIO’s ONVO L80 launch exceeds expectations with competitive pricing and plans for battery swap stations.
Chinese Brands Claim 15% UK Share as March Market Grows 6.6%
The Society of Motor Manufacturers and Traders (SMMT) has released its report on UK new car registrations for March 2026….
China’s 2025 Car Exports to Europe Cross 1 Million Milestone
The European Automobile Manufacturers’ Association recently released its “2025 Global and EU Automotive Industry Economic and Market Report.“ Data shows…