Germany Unveils €3 Billion EV Subsidy, Chinese Brands Eligible
The subsidy will not impose origin-based restrictions, meaning Chinese EV brands will be eligible alongside local automakers.
Latest in EV news, technologies, data and insights from China market
The subsidy will not impose origin-based restrictions, meaning Chinese EV brands will be eligible alongside local automakers.
Rongbay stated in response that the figure of “RMB 120 billion” was based on the company’s own estimate derived from a supply volume of 3.05 million tons.
The i6 vehicles experiencing battery failures are all equipped with power batteries supplied by CATL.
Future Leapmotor models launched in Europe could be developed directly on existing Stellantis platforms, such as STLA Medium and SmartCar.
The achievement sets a new benchmark for pure electric vehicles and surpasses records held by XPeng and Xiaomi’s own YU7.
China’s auto exports surged 73% YoY to 990,000 units in December 2025, bringing the annual total to 8.32 million units with a 30% increase.
In 2025, ternary battery installation accounted for 144.1 GWh, while lithium iron phosphate batteries reached 625.3 GWh.
China has introduced new regulations to strengthen the management of recycling and comprehensive utilization of retired power batteries from NEVs.
If an agreement is reached, Ford would use BYD-supplied batteries in vehicle plants outside the United States.
The new edition incorporates the auspicious phrase “Ma Dao Cheng Gong” (meaning instant success) into both exterior and interior details.