China EV Price Cuts Average 12% in March as Price War Stabilizes
In March 2026, new energy vehicle prices fell by 12%, signaling a shift to stable pricing amid ongoing promotional strategies.
Latest in EV news, technologies, data and insights from China market
In March 2026, new energy vehicle prices fell by 12%, signaling a shift to stable pricing amid ongoing promotional strategies.
China’s pickup exports totaled 300,000 units in 2025, up 21% YoY, accounting for roughly 50% of total pickup sales.
CATL will supply power batteries for JAC’s entire vehicle lineup and provide technical support in areas such as supply chain safety and technology upgrades.
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.
The Hefei super factory has ramped up monthly capacity to 2,000 units, bringing the overall delivery lead time for the Maextro S800 down to two to three months.