Central Asia

MIIT Officially Bans "Cascade Utilization": Used Power Battery Recycling Enters Full-Chain Regulation Era

On July 31, 2026, China's MIIT issued an announcement abolishing and revising policy standards for "cascade utilization" of used NEV power batteries, formally removing the concept from industry management. New rules require retired batteries to undergo dismantling, crushing, and smelting for resource recovery, strictly prohibiting simple reassembly and resale into high-risk applications like e-bikes and energy storage systems.

3892 days ago

China's Auto Exports Hit 5.1M Units in H1, Eyeing $150B Annual Target

China's auto exports reached 5.096 million units in H1 2026 with export value hitting $91.8 billion, up 54% YoY. This growth far outpaced overall export growth of 17%, signaling automobiles as China's new export engine.

36911 days ago

NIO to Build New Battery R&D Base in Shanghai Jiading, Plans 31 Lithium Battery Labs, Construction Starts in H2

According to the Shanghai Jiading official account, NIO's new battery R&D base project will be established in Jiading in 2026, focusing on next-generation power batteries, with construction scheduled to begin in H2. Upon completion, it will feature 31 lithium battery testing labs, a cell pilot line, and a battery pack assembly line.

25818 days ago

H1 Net Loss of RMB 4.06B-4.57B! GAC Group Loss Nearly Doubles in Scale

GAC Group released its H1 2026 earnings forecast, expecting a net loss of RMB 4.06B-4.57B, nearly double year-over-year. NEV transition investments in proprietary brands continue to grow, while JV brand profits shrink significantly. The traditional "volume-for-profit" logic has broken down.

38418 days ago

Next-Gen Li Auto L6 Battery Charging Speed May Surpass Pure EVs, July Interior Images Match L9

In July, next-gen Li Auto L6 updates emerge: battery charging breakthrough, interior upgraded to L9 level, prices may rise due to costs. Launch countdown underway.

57718 days ago

BYD Rolls Out 17 Millionth NEV: First Automaker Globally to Hit the Milestone

On July 8, BYD rolled out its 17 millionth new energy vehicle from its Xi'an factory, becoming the first automaker in the world to reach this milestone. The Seal 08, the vehicle marking this achievement, features a 905 km pure-electric range and 5-minute fast charging, redefining the large flagship family sedan segment with 37 industry-first innovations.

29018 days ago

Tsing Standard Completes Series B Funding Worth Hundreds of Millions, Ships Over 10,000 Units Across 30+ Countries

In June 2026, Tsing Standard, a Tsinghua University-incubated embodied AI company, completed Series B financing worth hundreds of millions of yuan. Leveraging eight years of data accumulation, the company built a physical AI data flywheel serving nearly every major domestic automaker and battery manufacturer.

30918 days ago

RMB 150M-300M Share Purchase! Seres Controlling Shareholder Boosts 22.99% Stake, Confident in Long-Term Value

On July 13, Seres announced controlling shareholder Chongqing Sokon Holding plans to purchase RMB 150M-300M of A-shares within 6 months through centralized bidding, using own funds. Sokon Holding currently holds 401 million shares, representing 22.99% of total equity. Meanwhile, Seres' new brand AIVA's first mass-production model AIVA ME7 is slated for release this year, targeting the 100,000 to 200,000 yuan range.

50419 days ago

JETTA's First EV Sedan M6 Completes MIIT Filing, 4806mm Length Targets 100,000-Yuan Segment

FAW-Volkswagen's JETTA brand has completed MIIT regulatory filing for its first all-electric sedan, the M6. Built on VW's CMP platform with proprietary Jiesi architecture, it offers 113kW and 145kW single-motor variants and is expected to launch later this year.

25319 days ago

Robotic Dexterous Hand Startup Xynova Closes Series A Worth Hundreds of Millions, Total Funding Nears 1 Billion Yuan

On May 29, 2026, Hangzhou-based dexterous hand solutions provider Xynova officially closed its Series A round worth hundreds of millions of yuan, led by Li Auto Strategic Investment and CSC Financial Capital. Total fundraising has reached nearly 1 billion yuan since its founding in late 2024. The company launched the world's first hybrid "cable-driven plus direct-drive" dexterous hand, Flex 2.

51919 days ago

NEV Average Vehicle Age Only 1.8 Years: CAAM Issues Urgent Clarification on Statistical Misreading

On July 14, CAAM Aftermarket Branch issued a clarification statement, noting that some media confused "average vehicle age in use" with "vehicle replacement cycle," causing public misinterpretation. The 1.8-year average reflects structural characteristics of the industry's current transition phase.

33919 days ago

BYD Thailand NEV Deliveries Exceed 130,000 Units, Localization Rate Hits 50%, 93% Thai Staff

On July 12, BYD (Thailand) announced cumulative NEV deliveries in Thailand surpassed 130,000 units. The plant marks its second anniversary, with 150,000-unit annual capacity, 93% local employees, and 50% localized procurement.

19619 days ago

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