News

China Dealer Inventory Coefficient Falls to 1.48 as July Auto Market Faces Seasonal Headwinds

The China Automobile Dealers Association (CADA) reported a dealer inventory coefficient of 1.48 for July 2026, down 6.3% month-over-month but up 9.6% year-over-year. The passenger vehicle market remained sluggish due to seasonal factors, with nationwide retail sales reaching 1.506 million units and total inventory at approximately 2.2 million vehicles. High-end brands saw the largest inventory decline as market divergence intensified.

4151 day ago

Genori Invests 520 Million Yuan in Wuhan Optics Valley: Domestic Semiconductor Component "Little Giant" Accelerates Expansion

Domestic semiconductor component listed company Genori Technology has announced a 520-million-yuan investment to build an R&D and manufacturing base in Wuhan Optics Valley. The facility will focus on three product lines — SiC components, high-purity precision silicon parts, and aluminum nitride ceramic materials — with a three-year construction timeline, providing localized support to wafer fabs in Central China.

1461 day ago

World's First Mass-Produced Diesel Hybrid Pickup Named RELY Hi800, Chery Opens New Frontier

On August 12, Chery officially announced the world's first mass-produced diesel hybrid pickup, named RELY Hi800. The vehicle features a 2.5T diesel hybrid system with a P1+P2.5 intelligent hybrid architecture, an engine thermal efficiency of 47%, and comes equipped with the Lingxi smart cockpit and Falcon ADAS. It will officially launch in Q4 2026, with the overseas name Stockman.

2511 day ago

China's Auto Exports Hit 1.04 Million in July, NEV Share Tops 50%

In July 2026, China's auto exports reached 1.043 million units, breaking the one-million mark for two consecutive months, with NEV exports exceeding 50% of total exports for the first time.

3162 days ago

Avatr VP's "Huawei Cooperation Not Necessary" Comment: Why Did It Shake the Market?

On August 8, Avatr VP Yong Jun stated at a media event that cooperation with Huawei is not a "necessary item," triggering widespread market concern. On August 10, Avatr urgently responded that the statement was misinterpreted and emphasized that the partnership with Huawei remains solid. The incident reflects the delicate balance between automakers and tech companies in the smart EV era.

4762 days ago

All-New Hongqi H7 Opens Pre-Sale Starting at 181,800 Yuan

Hongqi officially opened pre-sales for the all-new H7 executive sedan, with a starting price of 181,800 yuan, positioning it competitively in the luxury sedan segment.

3762 days ago

Test Drive: Dongfeng Fengshen L8Y — A Well-Balanced Electric SUV for Families

The Dongfeng Fengshen L8Y enters the 100,000-yuan pure-electric SUV market with a 4688mm body, class-leading 2775mm wheelbase, and a "Dual C-Seat" comfort philosophy. With dual front-seat massage, ventilation, heating, and memory functions, plus a 61.83kWh battery delivering 535km CLTC range, a full-day test drive confirms its genuine family-oriented appeal.

3332 days ago

Geely Galaxy TT Pre-Sale Starts at 145,900 Yuan: 800V Platform and Double Wishbone Chassis Enter the 200K Segment

The Geely Galaxy TT officially opened for pre-sale on August 13, with three rear-drive variants priced between 145,900 and 169,900 yuan. All models come standard with an 800V high-voltage platform, CATL battery, all-aluminum double wishbone front suspension, five-link rear suspension, and LiDAR. The AWD Ultra variant is priced at 209,800 yuan with a 0-100 km/h time of just 3.8 seconds.

3182 days ago

Chery QQ3 New Variant Design Sketches Leaked: Iconic Mini Car May Return

Design sketches of the all-new Chery QQ3 variant have recently surfaced, suggesting the return of this iconic mini car that once created sales miracles in the Chinese auto market.

1592 days ago

Automotive Investment Logic Shifts: From Growth Premium to Structural Divergence

2021 was regarded as the golden age for auto stocks, with the CSI New Energy Vehicle Index climbing 56.96% for the year. Yet from 2021 to 2025, China's NEV sales surged from 3.5 million to 16.49 million units — a nearly fourfold increase — while most auto stock investors failed to profit. The misalignment between industry growth and investment returns is prompting market participants to re-examine the valuation framework for the automotive sector.

2252 days ago

UISEE Partners with Singapore's Largest Private Bus Operator to Advance Autonomous Bus Commercialization

On August 12, 2026, Chinese L4 autonomous driving solution provider UISEE officially signed a strategic memorandum of understanding with ComfortDelGro Bus, Singapore's largest private bus operator. The two companies will collaborate deeply on technical validation, commercial deployment, and ecosystem integration for autonomous buses, aiming to co-create a replicable global operational model. ComfortDelGro Bus operates a fleet exceeding 8,000 vehicles across Singapore, Australia, and the UK.

1272 days ago

SiEngine TianGong 100 Enters Mass Production: 7nm Automotive AI Chip Scales Up

SiEngine announced on August 12, 2026, that its self-developed 7nm automotive-grade AI acceleration chip "TianGong 100" (NNA100) has entered full mass production. The company has simultaneously begun batch deliveries to OEMs, Tier 1 suppliers, and ecosystem partners. The chip delivers 96 TOPS of INT8 computing power and 102GB/s of dedicated LPDDR5 memory bandwidth.

2602 days ago

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