Xpeng announced the G9L SUV will launch in September 2026, with the Mona L05 arriving in Q4. The company has set a Q4 monthly sales target of 60,000 units, up 58% from July. Mona L03 has started double-shift production to ensure supply.
4978 days ago
The China Association of Automobile Manufacturers (CAAM) released August 2026 automotive production and sales data. Total vehicle production and sales reached 2.49 million and 2.45 million units respectively, while NEV production and sales hit 1.56 million and 1.52 million units, with market penetration exceeding 60%.
2088 days ago
NIO is undergoing a profound strategic transformation. Once celebrated for its user community operations, battery swap ecosystem, and brand storytelling, the EV startup is now redirecting its focus toward protecting gross margins and maintaining price stability. No longer pursuing valuation through narratives, NIO is using healthy financial metrics to prove the sustainability of its business model. This shift responds to both exhausted capital market patience and the industry-wide evolution from "burning cash for market share" to "profitable refinement."
4909 days ago
In the first half of 2026, Chinese EV startups delivered sharply divergent financial results. NIO posted total revenue of 576.7 billion yuan, surging 85.8% year-over-year and overtaking Li Auto for the first time in half-year revenue scale. Li Auto reported 486.5 billion yuan, down 13.4% YoY, while Xiaomi Auto generated 44.76 billion yuan, up 12.3%. The contrasting performances reflect distinct strategic choices in pricing, product positioning, and market targeting.
2669 days ago
XPeng delivered 39,107 vehicles in August 2026, marking a 4% year-over-year increase. The GX model accounted for 18.76% of total deliveries, establishing itself as a new volume pillar following the G6. Meanwhile, the brand's flagship G9L has been confirmed for official launch in September, poised to provide additional growth momentum for the second half. XPeng is building more resilient competitive moats in the 200,000-400,000 yuan pure-electric SUV segment through its multi-model portfolio strategy.
2479 days ago
In H1 2026, BYD, Geely, and Chery entered the global top 10 automakers for the first time, with a combined market share of 13.5%, surpassing Volkswagen Group.
42224 days ago
Dongfeng-Stellantis Automotive Technology was officially established in Wuhan with registered capital of approximately RMB 8.2 billion, planning four NEV models from 2027. Chery's H1 2026 overseas revenue reached RMB 98.968 billion, up 51% YoY. Schaeffler and Shougang signed a low-carbon cooperation agreement to advance supply chain decarbonization.
23027 days ago
The Stelato V8, positioned as a family intelligent flagship MPV, will make its debut at the 2026 Chengdu Auto Show. Measuring 5335/2005/1805mm with a 3250mm wheelbase, it offers both BEV and EREV powertrains, with the BEV version delivering up to 830km range and featuring a HarmonyOS triple-screen cockpit with LiDAR.
21227 days ago
In H1 2026, China's domestic auto sales fell 20.8% YoY, but exports surged 65.3% to 5.1 million units, accounting for 36.9% of June shipments. NEV exports nearly quadrupled, while Chinese brands' passenger vehicle share rose to 72%, with German and Japanese brands declining 29% and 17.7% respectively.
43127 days ago
Six major new cars are set to launch in late August, including Stelato G9, VW ID.ERA 5S, MG 07, Aeolus L8Y, BYD Sea Lion 08, and Chery Fengyun T7. Powertrains cover BEV, EREV, and PHEV, with prices ranging from **109,900 to 559,900 RMB**.
22427 days ago
While China's passenger vehicle market faces a 15% decline in 2026, the large five-seat SUV segment is surging against the trend with 97% year-on-year growth. XPENG launched G9L pre-sales on August 11 starting at 259,800 yuan, offering both pure electric and extended-range powertrains for the first time on a flagship SUV, aiming to capture share in this fiercely competitive arena.
31730 days ago
In the first half of 2026, China's auto exports surpassed 5 million units for the first time, surging 65.3% year-on-year, while domestic sales fell 21.1%. Going global has shifted from an option to a necessity, though questions remain about long-term sustainability.
32034 days ago
EX1000
