Chinese Automakers Lay Out Sales Targets for 2026
With the halving of the purchase tax for new energy vehicles and the continued adjustment of the trade-in subsidy policies, automotive consumption is expected to receive sustained policy support.
Latest in EV news, technologies, data and insights from China market
With the halving of the purchase tax for new energy vehicles and the continued adjustment of the trade-in subsidy policies, automotive consumption is expected to receive sustained policy support.
This article provides a closer look at what Chinese automotive companies brought to the CES 2026
China’s used-car transaction volume reached 896,000 units in December, down 9% year-on-year and 2.7% month-on-month.
China sold 31.08 million vehicles in the first 11 months, up 11% year on year, accounting for 35.4% of global sales.
Huajing S is equipped as standard with Huawei Qiankun ADS 4 Pro, the HarmonySpace 5 cockpit system, and the Qiankun vehicle-cloud platform HUAWEI IVCS.
Leapmotor aims for global competitiveness, targeting 4 million annual sales with its new flagship models, D19 and D99.
After completion, the newly issued domestic shares will account for 20.47% of Leapmotor’s expanded domestic share capital and 5% of its total enlarged issued share capital.
December sales in China’s auto industry are declining, with concerns about lack of incentives and consumer hesitation.
According to the plan, the Leapmotor D19 is set to officially launch in the first quarter of 2026.
Under the plan, the G6 is scheduled to enter production in Malaysia by March 31, 2026, while the X9 is expected to begin production by May 25, 2026.