China EV Price Cuts Average 9.6% in May, Below Broader Market Decline
In May 2026, discounted NEV prices in China dropped by 9.6%, while gasoline vehicles saw higher discounts at 14.9%.
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China EV Sales Race Heats Up in May as Leapmotor Sets Record, NIO Surges
China’s auto industry stabilized in May, with several brands achieving record deliveries amid competitive pressures.
China Climbs to Third in South Korea Imported Vehicle Sales, Edging Out Japan
Chinese cars surpassed Japanese models for the first time in South Korea’s import market, led by BYD’s remarkable sales growth.
Xiaomi EV Q1 Revenue Slips as Deliveries Halve, Annual Sales Goal Holds
Xiaomi’s Q1 automotive earnings showed 80,856 units delivered, declining revenue, and uncertainty about profitability despite strong market momentum.
Xiaomi Unveils New World Model Framework for Assisted Driving
Xiaomi Auto unveiled its world-model framework, integrating reconstruction and generation for autonomous driving, enhancing scenario prediction and stability.
Voyah Unveils Passion S Electric Coupe SUV to Rival Xiaomi YU7
Voyah unveiled its Zhuiguang S electric coupe SUV, launching in mid-2026, designed to compete with Xiaomi YU7 in China’s market.
Xiaomi YU7 GT Tops Nürburgring SUV Lap Chart at 7:34.931
Xiaomi YU7 GT clocks 7:34.931 at Nürburgring, beats Audi RS Q8 Performance by nearly 2 seconds. Third Chinese model to set a segment record; first Chinese SUV atop the lap chart. On sale May 21. Estimated price $58K-$72.5K
Xiaomi Taps CALB as Fourth Battery Supplier for Skynomad
Xiaomi adds CALB as fourth battery supplier for new Skynomad EREV brand. Kunlun N3 splits battery quota 60% to Sunwoda; 40% to CALB. The move cuts single-source risk and controls costs.
China’s Top 10 NEV Sedans in April: Xiaomi SU7 Leads, Tesla Model 3 Drops Out
April was an exceptionally active month for China’s auto industry. The opening of the Beijing Auto Show 2026 pushed automakers…
Court Orders Xiaomi SU7 Ultra Deposit Refund Over Exaggerated Hood Claims
A court ruled Xiaomi Auto must refund a buyer’s deposit due to misleading marketing claims.