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Geely NEV Penetration Nears 57%, Exports Surge 158% to Lead Global Growth

Geely NEV Penetration Nears 57%, Exports Surge 158% to Lead Global Growth

In H1 2026, China's auto market showed a "cold domestic, hot overseas" pattern — passenger vehicle retail slumped ~20% while exports jumped 65.3%. Against this backdrop, Geely Holding delivered standout results: 1.93 million units sold (a record high), NEV penetration rising to 56.9% vs. the industry average of 49.6%. ZEEKR sales soared 97%, while exports surged 158%, with monthly exports breaching 100,000 units for the first time in June.

3613 days ago
Chery's Industry-Education Fusion: The City-Level Talent Pipeline Behind 10,000 Engineers

Chery's Industry-Education Fusion: The City-Level Talent Pipeline Behind 10,000 Engineers

At the 2026 China Automotive Forum, the industry-education integration model jointly demonstrated by Chery and Wuhu Vocational and Technical University drew significant industry attention. Nearly three decades of deep collaboration, close to 10,000 skilled professionals trained, and an innovative "Nine Co-Six Modernizations" mechanism offer a replicable solution to the talent gap plaguing the global automotive industry.

4994 days ago
CATL's Exclusive Monopoly Ends: Xiaomi Pengcheng Pairs with Sunwoda + CALB

CATL's Exclusive Monopoly Ends: Xiaomi Pengcheng Pairs with Sunwoda + CALB

In 2026, the NEV battery supply chain is undergoing a silent revolution. CATL's once-dominant exclusive supply model is being systematically dismantled by Xiaomi, Li Auto, and Harmony Intelligent Mobility. Second-tier battery makers like Sunwoda, CALB, and Gotion are rapidly rising as core options for diversified sourcing. This supply chain restructuring not only reshapes domestic competition but also brings more cost-competitive battery solutions to export models targeting Central Asia, Russia, and other emerging markets.

27511 days ago

3.6 New Cars Launch Daily: China's Auto Market Enters White-Hot Competition

On July 15, 2026, China's auto market witnessed a rare phenomenon: seven new models launched simultaneously in a single day. Deeper data from BYD Executive Vice President He Zhiqi reveals that Chinese automakers released 542 new models in the first five months of 2026 — an average of 3.6 per day — while the domestic market contracted by 20%. New vehicle lifecycles have shrunk dramatically, and industry competition has escalated from "fierce" to "brutal."

45611 days ago
Lithium Battery Consumption Tax Restored in Sept 2026: EV Costs Set to Rise

Lithium Battery Consumption Tax Restored in Sept 2026: EV Costs Set to Rise

On July 16, 2026, China's Ministry of Finance, Customs, and Taxation jointly announced that lithium battery consumption tax will be restored from September 1, 2026, ending the 11-year battery tax exemption. The first-year rate is 2%, rising to 4% from September 2027. Industry estimates suggest pure EV manufacturing costs will increase by RMB 396–1,200 per vehicle. This is seen as a key signal of NEV tax incentives gradually phasing out and aligning with ICE vehicle taxation.

55511 days ago