NEV overseas expansion

Leapmotor B10 Begins Production in Spain with Co-Line Manufacturing and Mallén Battery Assembly

On October 16, 2026, Leapmotor B10 started mass production at the Zaragoza plant in Spain; leveraging its cooperation with Stellantis, it is produced on the same lines as the Opel Corsa, Peugeot 208 and Lancia Ypsilon. The two sides are also building a battery assembly base in Malián, extending localization from complete vehicles to key components. Since 2026, Leapmotor has exceeded 100,000 monthly sales for three consecutive months, ranking fourth among global new energy vehicle brands. This dual-plant layout uses a joint venture and shared lines to reuse a mature manufacturing system, offering a reference for Chinese automakers' European localization, but capacity ramp-up, quality stability and delivery coordination still await data verification.

4529 days ago

Thailand Plans About 30% Excise Tax on Imported EVs, Sets Three-Tier Rates

Thailand's finance minister said Thailand is finalizing an excise tax of about 30% on fully imported electric vehicles, compared with the current rate of about 10%. The new plan sets three excise tax tiers: fully imported vehicles at the highest rate, locally produced vehicles at the lowest, and locally assembled vehicles in the middle. Constrained by free trade agreements, Thailand cannot directly raise tariffs, so it is turning to excise taxes to encourage local investment and supply chain localization. Currently, nine electric vehicle manufacturers produce in Thailand, and some Chinese and European automakers plan to invest in Thailand to enjoy lower tax rates. The final rates are expected to be decided this month.

51941 days ago

Forvia Evaluating Sale of Clarion Electronics, Target H1 Revenue €776.5M

According to Bloomberg, French auto parts supplier Forvia is evaluating the sale of its Japanese Clarion Electronics business to reduce debt and streamline operations. It is currently working with advisors, the review is still at an early stage, and Forvia declined to comment. Clarion Electronics focuses on cockpit systems, with sales of EUR 776.5 million in the first half of 2026, up 14% year over year, accounting for 7.4% of the group's total sales, and has been placed in its value business cluster. Forvia had previously planned to sell its automotive interiors business and split its business clusters. Its shares have fallen 33% so far this year, and its market value has dropped to EUR 1.8 billion. Potential buyers may be Japanese domestic and Asian strategic investors, and the transaction remains uncertain. This case provides a reference for Chinese automakers' overseas M&A.

72342 days ago

Zotye Wink Y01 International Edition Enters Batch Trial Production as Overseas-Priority Strategy Awaits Validation

Zotye Auto disclosed on September 9 that its A0-segment all-electric model Wink Y01 international version has entered the batch trial production stage, and the vehicle is positioned as a core strategic model for overseas markets. In the first half of 2026, the company's revenue was RMB 190 million, down 32.08% year on year, and net profit attributable to the parent was RMB 80.3893 million, turning profitable, but net profit after non-recurring items showed a loss of RMB 152 million. The debt-to-asset ratio was 94.01%, and overseas revenue was only RMB 5.21 million. The company's overseas layout focuses on ASEAN and South Asia and adopts the KD model, while mass production and large-scale sales still need to be verified.

50442 days ago

Denza N8L BEV Launches From 299,800 Yuan With 960 km Range

BYD's Denza brand launched the N8L pure electric version on September 14, 2026, with a starting price of RMB 299,800 and a top-trim price of RMB 329,800. The new model is equipped with a 130.15 kWh second-generation Blade Battery, offers a CLTC range of 960 km, adopts an 800V architecture, and supports flash charging, going from 10% to 70% in 5 minutes. Previously, the N8L was available only as a plug-in hybrid; with the addition of the pure electric version, it now has a parallel plug-in hybrid and pure electric lineup. The vehicle is positioned as a large 6-seat SUV, with a length of 5,200 mm and a wheelbase of 3,075 mm. This launch did not involve overseas rollout or pricing, and the flash charging experience depends on a dedicated charging network.

27342 days ago

HIMA Adjusts AITO Partnership: Seres Takes Lead, Huawei Returns as Tech Supplier

On September 16, 2026, HIMA adjusted the AITO cooperation model: Seres took over product definition, design, production, marketing, channels, and after-sales, while Huawei returned to being a technology supplier. The adjustment is limited to AITO; Luxeed and other brands remain led by Huawei. The context is that Seres expects its profit in the first half of 2026 to drop by about 60%, and a third party said Huawei's old agreement took a commission of about 50,000 yuan per vehicle. The new arrangement may ease profit pressure and create two collaboration paths within HIMA, providing a reference for cooperation in the auto industry and the division of responsibilities for going overseas.

66342 days ago

Zotye Wink Y01 International Version Enters Trial Production; H1 Revenue Down 32.08%

Zotye Automobile announced that the international version of its small electric vehicle Wink Y01 for export markets has entered trial batch production. The news drove its stock price to consecutive daily limit-ups on September 8 and 9, before falling back on the 10th. In the first half of the year, revenue was RMB 190 million, down 32.08% year on year, with a loss of RMB 152 million after excluding non-recurring items. The new model has not yet announced pricing, range, or a delivery timetable, and overseas regulatory certification, sales channels, and follow-up funding all remain uncertain. The path to resuming production and exports still remains to be seen.

43344 days ago

Volkswagen's first LiDAR-equipped all-electric SUV, ID. AURA T6, launches in China from RMB 135,900

The FAW-Volkswagen all-electric SUV ID. AURA T6 was launched on September 20, 2026, in four versions priced from 135,900 to 169,900 yuan. It is Volkswagen's first all-electric SUV equipped with LiDAR. The high-end version features a 192-line LiDAR and Horizon Journey 6H chip with 420 TOPS of computing power, and adopts the CEA architecture jointly developed by Volkswagen and XPeng, with CLTC ranges of 540 km and 660 km. Most of its core supply chain comes from China, making it a case for observing how joint-venture brands leverage local intelligent capabilities and explore technology feeding back into overseas markets.

64244 days ago

XPeng RHD G9L Rolls Off for Australia; Li Auto Preheats Europe with Solheim Cup

XPeng's first batch of right-hand-drive G9L models rolled off the line at its Guangzhou factory and will be shipped to Australia, covering 64 countries and regions; in August, exports reached 8,125 units, up 169.22% year on year, while exports in the first eight months totaled 49,424 units, accounting for 20.33% of total deliveries. Li Auto became an official partner of the 2026 Solheim Cup, confirmed that the i6 will be named Li 6 overseas, plans to start sales in Europe in the fourth quarter, and will announce details of its European business at the Paris Motor Show in October. The two companies' regional strategies diverge: Li Auto prioritizes pure electric vehicles in Europe and focuses on range-extended vehicles in the Middle East and Central Asia, while XPeng is using right-hand-drive models to accelerate deliveries.

29544 days ago

August Auto Exports Reach 1.01 Million Units, NEV Penetration Hits 60.6%

Data from the China Association of Automobile Manufacturers shows that in August 2026, China's automobile production and sales were 2.684 million and 2.712 million units, respectively, up 4.3% and 4.9% month-on-month, but still down year-on-year. New energy vehicle sales were 1.643 million units, up 17.8% year-on-year, with their monthly share rising to 60.6%; the cumulative share from January to August reached 52.4%. Over the same period, automobile exports were 1.01 million units, up 65.3% year-on-year, exceeding one million units for three consecutive months and becoming a key source of growth stabilizing the overall industry.

43647 days ago