China Rolls Out Battery Tracking System for EV Lifecycle Management
China launched a national traceability platform for NEV batteries on April 1, enabling full lifecycle tracking and promoting recycling efficiency.
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Uber-Backed WeRide Deploys Fully Driverless Robotaxis in Dubai
Uber now holds approximately 5.82% of WeRide’s Class A ordinary shares, making it a significant shareholder with more than a 5% stake.
Volvo to Raise Polestar Stake to 19.9% via Debt-to-Equity Conversion
On March 31, Polestar announced that Volvo Cars has agreed to convert approximately $274 million in outstanding shareholder loans into…
Dongfeng Asset to Boost Stake in Voyah’s H Shares by Up to $35 Million
Dongfeng Asset plans to buy RMB 250 million in Voyah shares to boost confidence post-listing.
BYD Subsidy in Japan Slashed by Over Half, Toyota bZ4X Gets Nearly 10x Support
Japan cuts BYD EV subsidies by over 50% to 150,000 yen ($939), while domestic models like Toyota bZ4X retain up to 1.3 million yen ($8,190), widening the competitive gap.
BYD Deepens Grenergy Partnership with 2.6 GWh Energy Storage Deal in Chile
BYD and Grenergy signed a deal for 468 MC Cube-T energy storage units in Chile’s Oasis de Atacama project, which has 2.6 GWh capacity and aims for completion by 2027.
Firefly Hits 50,000 Deliveries in 11 Months
Firefly achieved 50,000 deliveries in 11 months, expanding globally while launching limited editions and upcoming product updates.
Jan‑Feb 2026 China Auto Revenue: $205.9b, Profit Margin Slumps to 2.9%
China’s automobile industry faced declining profits amid rising costs in early 2026, with profits falling 30% and a low margin of 2.9%.
Changan Auto’s Brazil Plant Officially Puts Into Operation
The CAOA CHANGAN factory in Brazil began production on March 26, launching the UNI-T model with flexible fuel capabilities.
firefly to Roll Out Battery Swap in May, Minor Facelift Due Later This Year
firefly confirms battery swap rollout is on track, with internal testing starting by end-March and first user access via “pioneer stations” set for May.