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Li Auto Responds on Self-Developed Batteries: In-House PACK, Contract-Manufactured Cells, MEGA Switches for Orders Locked on September 7

Li Auto Responds on Self-Developed Batteries: In-House PACK, Contract-Manufactured Cells, MEGA Switches for Orders Locked on September 7

On September 8, Li Auto responded to concerns about its self-developed batteries: PACK is self-developed and self-manufactured, cells are self-developed and contract-manufactured, and after-sales service will not differ based on manufacturing source. Self-developed batteries have entered mass production on the L8, L6, and i8; MEGA orders locked after 15:00 on September 7 will switch to self-developed 5C ternary lithium batteries, with deliveries beginning in November; the i9 will fully switch after capacity ramp-up; in the fourth quarter, the 2026 i6 will be equipped with self-developed 5C batteries and Mach chips. This article reviews the switching cadence and examines the significance of battery autonomy and controllability for the cost and supply cadence of overseas models.

4102 days ago
Seres NEV Sales Plunge 43.96% in August, AITO Slowdown Sparks Concern

Seres NEV Sales Plunge 43.96% in August, AITO Slowdown Sparks Concern

In August 2026, Seres Group reported NEV sales of 24,244 units, a steep year-on-year decline of 43.96% — a sharp contrast to the overall growth trajectory of China's NEV market. The core AITO brand saw an even more severe drop of 49.68%, while cumulative NEV sales for January-August fell 12.58%. Against the backdrop of BYD exceeding 440,000 units and Leapmotor surpassing 100,000 in August, Seres' correction has triggered deep discussion about its product cycle timing and competitive strategy.

3055 days ago
NIO H1 Revenue Hits $57.67B, Overtaking Li Auto in EV Race

NIO H1 Revenue Hits $57.67B, Overtaking Li Auto in EV Race

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.

2585 days ago
China NEV Sales Rankings: Leapmotor Overtakes Tesla, BYD Dominates

China NEV Sales Rankings: Leapmotor Overtakes Tesla, BYD Dominates

According to data from the China Passenger Car Association (CPCA), August 2026 new energy vehicle (NEV) wholesale sales reached an estimated 1.51 million units, up 16% year-on-year and 4% month-on-month, indicating continued robust market expansion. BYD secured the top position with an overwhelming 433,384 units, creating a gap of nearly 260,000 vehicles against second-place Geely (173,675 units). The most eye-catching development was Leapmotor delivering 103,129 units, surpassing Tesla China (86,166 units) for the second consecutive month above the 100,000-unit threshold. XPeng delivered 39,107 units, Li Auto 37,679 units, NIO 35,836 units, and Xiaomi Auto maintained its position above 30,000 units. Cumulative NEV retail sales from January to August 2026 reached approximately 8.869 million units, with a penetration rate of 52%, confirming NEVs as the market mainstream.

6185 days ago
9 Automakers Recall Over 4.27 Million Vehicles, Door Handle Safety Flaw Rings Industry Alarm

9 Automakers Recall Over 4.27 Million Vehicles, Door Handle Safety Flaw Rings Industry Alarm

On August 21, 2026, China's State Administration for Market Regulation announced that Tesla, Xiaomi, Leapmotor, XPeng, Geely, Chery, Dongfeng, BAIC BJEV, and FAW recalled multiple vehicle models due to interior emergency mechanical handle safety issues, involving over 4.27 million units. Tesla accounted for approximately 2.976 million vehicles, nearly 70% of the total. Automakers mainly addressed the issue through warning label additions and OTA updates.

26520 days ago