BMW Gains as Mercedes, Audi Slide in Q3, with EV Growth Diverging
In Q3, BMW outperformed rivals with 8.8% growth, while Mercedes and Audi faced declines. Concerns focus on EV competitiveness and pricing power as the market evolves.
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Geely–Renault JV Horse Powertrain Taps Leapmotor, Chery and JAC for Overseas Push
Horse aims to become the world’s largest producer of engines and hybrid systems by 2035 and has already developed hybrid powertrains for Renault and Geely.
CATL and JD.com Forge Comprehensive Strategic Partnership
The two parties will collaborate in the field of new energy vehicle energy replenishment ecosystem and battery aftermarket services.
China’s Passenger Car Exports Reach 528,000 in September, EV Share Near 40%
In September, China exported 211,000 NEVs, up 96.5% year-on-year, accounting for roughly 40% of total passenger car exports.
China’s NDRC Aims to Build 28 Million Charging Facilities Nationwide by End of 2027
By the end of 2027, urban areas across China will add 1.6 million DC charging guns, including 100,000 high-power charging guns.
Leapmotor Mulls T03 Van Version, Poised to Be UK’s Cheapest Commercial EV
Expected range would stay at around 165km using the existing 37.3kWh battery.
XPeng Expands into Estonia, Initiates MONA M03 Mass Shipment to MEA
the company plans to have a presence in over 60 countries and regions by the end of 2025, aiming to become the leading Chinese mid-to-high-end new energy brand in overseas markets.
Global EV Sales Top 2.1 Million in September, China Drives Over 60%
China remains the dominant driver of the global EV industry, selling roughly 1.3 million vehicles in September alone—nearly two-thirds of worldwide demand.
China’s September power battery installations hit 76.0 GWh, with CATL accounting for 42.81%
The top three companies in China’s NEV market by power battery installation volume in September were CATL, BYD, and CALB.
BYD Yangwang U9 Price Rises to $253,000, Marking a 7.14% Increase
Since the first delivery on August 21st last year, the Yangwang U9 has cumulatively delivered 149 new vehicles in its first year, making it China’s first supercar model to achieve a hundred deliveries.