Huawei-backed AITO to Launch M6 in Q2 2026, Rivaling Xiaomi YU7 and Model Y
Given its pricing and market positioning, the AITO M6 will face direct competition from the Li Auto i6, Tesla Model Y, Xiaomi YU7, Avatr 07, and Zeekr 7X.
Latest in EV news, technologies, data and insights from China market
Given its pricing and market positioning, the AITO M6 will face direct competition from the Li Auto i6, Tesla Model Y, Xiaomi YU7, Avatr 07, and Zeekr 7X.
ChinaEV Home followed the crowds and conducted extensive field interviews at Auto Guangzhou 2025 to understand why visitors flocked to full-size family-oriented SUVs.
In Q3 2025, BEV sales reached 3.71 million units, up 48% YoY, while PHEV sales were 1.67 million units, up 4% YoY.
China’s NEV market surged in 2025, with significant production increases and evolving powertrain supplier dynamics noted in the report.
Li Auto plans a significant L9 overhaul in 2026 featuring a larger battery, active suspension, and an updated interior design.
IM Motors launched the LS9 SUV, featuring two battery options, priced at RMB 322,800 ($45,200) and RMB 352,800 ($49,300), respectively.
Xiaomi’s YU7 became the top-selling NEV SUV in October, surpassing Tesla’s Model Y significantly.
The net proceeds from this IPO will be primarily used for R&D investment, diversified new marketing channels, overseas sales, and charging network services.
In October, China’s used-car disposal volume reached 842,600 units, up 3.6% month-on-month but down 6.2% year-on-year.
Huawei-backed HIMA has surpassed 1 million cumulative deliveries in just 43 months, setting a new record among emerging auto brands.