Hyundai Motor Aims to Double China Sales to 500,000 Units
Hyundai aims to double Chinese sales to 500,000 units while launching 20 new models over five years.
Latest in EV news, technologies, data and insights from China market
Hyundai aims to double Chinese sales to 500,000 units while launching 20 new models over five years.
From March 16 to 22, 2026, China’s passenger car market saw a surge in sales, though new energy vehicle sales declined significantly.
China’s vehicle exports surged 61% in early 2026, primarily driven by new energy vehicles, amid weaker domestic demand.
The shooting brake market is expanding with fierce competition, but few models achieve consistent high sales despite growing interest.
Tesla plans to launch a low-cost Model 3 in China, featuring reduced configurations and lower production costs.
From January to February, China’s new energy vehicle production reached 1.604 million units, down 13.7% YoY, with a cumulative penetration rate of 39.9%.
Uncamouflaged spy photos of the NIO ES9 emerged, showcasing its large design, advanced features, and competitive pricing.
Rising oil prices are pushing fuel car owners to envy electric vehicles, prompting advancements in fast charging technology.
BYD launched four new energy models at the Bangkok Motor Show, enhancing its market presence in Thailand.
China’s battery output surged 19% in February 2026, but installation rates and consumer demand significantly declined.