Global EV Battery Installations Hit 244.6 GWh in Q1: CATL Holds 40.7%, BYD 13.7%
Global electric vehicle battery installations increased to 244.6 GWh in Q1, with China dominating the market significantly.
Battery
Read More
Shanghai BEV Penetration Nears 57% in March as NIO, Tesla Lead
In March, Shanghai saw 40,203 car sales, with BEVs at 56.99%, highlighting significant electrification and consumer preference shifts.
UK Car Registrations Jump 24% in April as Chinese Brands Grab 16.5% Share
12 Chinese brands entered the UK new car registration rankings in April, with total registrations reaching 24,669 units, representing a market share of 16.5%.
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.
Xiaomi Sets Up New Tech Unit to Tackle EV Powertrain Manufacturing
Xiaomi establishes Beijing Jingxu Technology for independent manufacturing of key auto components, enhancing control.
Volkswagen Q1 Profit Falls 14.3% as China Deliveries Drop
Volkswagen’s Q1 2026 revenue fell to €75.657 billion, with declining profits amid rising costs and stiff competition, particularly in China.
Changan Nevo Follows BYD in Raising Prices on Q07 as Chip Costs Surge
Since the beginning of this year, more than 15 NEV makers have announced price increases or reductions in terminal discounts.
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.
BYD Profit Slumps 55% in Q1, Bets on Overseas Expansion to Offset Pressure
BYD’s Q1 2026 revenue declined 11.82%, as profits dropped significantly despite increased R&D investment and strong overseas sales growth.
ONVO L80 Pre-Sales Open at $23K to Pressure the Mainstream 5-Seater SUV Segment
NIO Launched the ONVO L80 SUV, priced at RMB 245,800 ($35,950) in pre-sale, representing a RMB 34,100 ($5,000) reduction compared with the ONVO L90.