[Market Updates] News & Updates

From 120 to 20: Changan's Tianshu Pilot Enters Mass Production, Betting on the Power to Define Intelligence

In the first half of 2026, domestic passenger vehicle sales totaled 12.72 million units, down 6% year on year; domestic sales fell 24.3%, and the industry's sales profit margin dropped to 3.8%. Over the same period, new energy vehicle penetration rose to 54%. As roughly 100 brands face a shakeout window, Changan Automobile has brought its self-developed intelligentization achievement, Tianshu Pilot, into large-scale mass production after investing more than RMB 60 billion, with the first model to feature it, the Nevo Q06, opening pre-sales. The opportunities and risks of its 'self-development first + open cooperation' path are emerging simultaneously.

3002 days ago

Caocao Mobility Partners with Doubao to Launch AI Ride-Hailing Service, Completing the "Information Search—Booking" Loop in Beijing, Hangzhou and Suzhou

On September 9, the AI ride-hailing service jointly launched by Caocao Mobility and Doubao went live in Beijing, Hangzhou and Suzhou. Users can search for local life information within Doubao to generate travel plans and place orders, with support for smart vehicle matching, accessible premium vehicle identification and smart vehicle control preference settings. Caocao Mobility has previously applied AI in areas such as smart dispatching, operations management and safety risk control, and plans to deepen the partnership, expand to more cities and advance Robotaxi service development.

1772 days ago

Zeekr 7X's 200,000th Global Mass-Production Vehicle Rolls Off the Line: A Two-Year Scale Leap, European Exports Cover 50+ Markets in One Year

On September 8, 2026, the 200,000th mass-production Zeekr 7X rolled off the line globally, exactly two years after the first mass-production vehicles rolled off the line in September 2024. The model began European exports in May 2025 and entered more than 50 global markets within one year; as of July 2026, cumulative global deliveries approached 180,000 units, with monthly global deliveries exceeding 10,000 units in July. The Zeekr brand delivered 36,981 vehicles in August, up 109.8% year-on-year, achieving year-on-year and month-on-month growth for seven consecutive months.

3262 days ago

CATL Chocolate Battery Swap Discloses Network Plan: Over 3,000 Stations by End of 2026, Building an “11 Vertical and 9 Horizontal” Highway Backbone Network in 2027

CATL Chocolate Battery Swap disclosed its network plan: by the end of 2026, the number of battery swap stations nationwide is expected to exceed 3,000, covering nearly 216 cities, with stations findable within 10 minutes in more core urban areas; by 2027, highway battery swap stations will reach 1,000, forming an “11 Vertical and 9 Horizontal” backbone network, with a long-term target of 30,000 stations. A single station can provide up to 600 services per day, and most will be equipped with Shenxing supercharging piles and upgraded into integrated swap-supercharging stations, maintaining 99-second battery swap efficiency. Under the same land and power capacity, the service capacity per parking space is three times that of a standalone charging station, and the stations can also serve as distributed energy storage to participate in grid peak shaving, frequency regulation, and green power consumption.

3002 days ago

Huawei, JAC and Maserati in talks for cooperation: Chinese intelligent driving platform may enter ultra-luxury ranks under a “dual-brand” model

Reuters reported that Stellantis is in negotiations with Huawei and JAC Motors over a long-term cooperation for Maserati, intending to adopt Huawei’s Harmony Intelligent Mobility platform. The first jointly developed model targets production before the end of 2027 and may adopt a dual-brand model: MAEXTRO in the Chinese market and Maserati in overseas markets. Maserati’s global shipments in 2025 were less than 8,000 units, with an adjusted operating loss of €198 million. Improving capacity utilization at the Cassino and Modena plants is Stellantis’s core demand.

2352 days ago

Behind the Real-Person In-Vehicle Thermal Runaway Test: Battery Safety Validation Is Shifting from Extreme Marketing to Real-World Conditions

In 2026, Geely Galaxy TT, together with CATL and CATARC Automotive Test Center, completed a real-person in-vehicle, single-cell thermal runaway test under conditions of 40°C high temperature, 96% SOC, and internal heating trigger, with the result being no fire, no explosion, and no smoke. After GB 38031-2025, the new national standard, set "no fire, no explosion" as a mandatory baseline, tests beyond the national standard such as gunshots, fire, and high-altitude drops have increased. Drawing on Ouyang Minggao's judgment of "whole-process safety," this article discusses the boundary between extreme testing and validation under real-world conditions.

5162 days ago

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

82.265 billion yuan revenue, 45.67 billion yuan net profit: Divergence and overseas variables in the auto parts half-year reports

In the first half of 2026, 275 listed auto parts companies generated combined revenue of about 822.65 billion yuan, up 5.3% year on year, and net profit attributable to parent companies of about 45.67 billion yuan, down 9.5% year on year. 157 companies saw net profit decline and 50 posted losses; the top ten companies accounted for 51.4% of the sector's profit. Divergence depends on downstream supporting structure, cost pass-through capability, the pace of intelligent product ramp-up, and the degree of overseas implementation.

4282 days ago

From One-Way Input to Two-Way Flow: Chinese Smart Driving and Battery Technologies Enter the Global Systems of Multinational Automakers

Starting in the third quarter of 2026, the HS8 driver assistance system developed by CARIZON will be installed in seven models from Volkswagen's three joint ventures in China; the Neue Klasse BMW iX3 will offer a smart driving system co-developed with Momenta as standard across the lineup. From power battery technology licensing to global lidar market share, China's supply chain and AI capabilities are extending outward along with multinational automakers' systems. This article reviews the relevant data and cooperation models, and points out that this is not a simple "one-way export," but a two-way flow of technology, knowledge and industrial capability.

4732 days ago

Xiaomi Auto Cumulative Deliveries Surpass 800,000 Units

Xiaomi Auto's cumulative deliveries have officially surpassed 800,000 units in roughly 29 months. The YU7 SUV reached over 150,000 sales in six months, while the SU7 series exceeded 500,000 units. The Beijing Yizhuang Phase II plant has passed acceptance.

4633 days ago

Denza Z9GT Flash Charge Edition Launches at 329,800 Yuan, Sea Lion 08 Exceeds 12,000 Orders

On September 9, BYD released multiple new vehicle updates: Denza Z9GT Flash Charge Premium at 329,800 yuan, Sea Lion 08 mid-large SUV exceeding 12,000 orders within one day, flash charge station target of 20,000 by year-end, and 50 police vehicles delivered to Pakistan.

2743 days ago

Global NEV Penetration Hits 24.1% in 2026, Norway Leads at 81%

Cui Dongshu released global NEV data for Jan-Jul 2026: 56.11 million total vehicle sales, 13.52 million NEVs, 24.1% penetration. Development is highly uneven—Norway at 81%, Japan at just 4%.

2363 days ago

Market Updates