BYD's flagship sedan Da Han EV opened pre-sales at the Chengdu Auto Show with up to 1008km CLTC range, 2nd-gen Blade Battery, and flash charging technology, priced from 249,900 yuan.
41114 days agoThe official registration of Dongfeng Stellantis Automotive Technology (Wuhan) Co., Ltd. marks a new chapter for the 34-year-old Shenlong Auto. Six-party capital union, Chinese partners leading NEV core technology, Stellantis opening global channels — this is not a simple capital injection, but a fundamental shift in China's auto JV model from "foreign technology for Chinese market" to "Chinese technology + European brand + global network."
20414 days ago
On August 20, 2026, Dongfeng Stellantis Automotive Technology (Wuhan) Co., Ltd. was officially inaugurated in the Wuhan Economic and Technological Development Zone. Six shareholders together invested approximately 8.2 billion yuan. The new company will focus on vehicle R&D, industrial investment, and NEV sales, with the first four new models expected to roll out starting in 2027 covering both BEV and PHEV powertrains.
55015 days ago
CAAM data shows that in July 2026, the share of new energy vehicle sales exceeded 60% for the first time, with H1 overall penetration reaching 49.6%, and the overseas market share of domestic-brand NEV passenger vehicles rising to 24%.
48216 days ago
Mid-August saw a flurry of launches in China's NEV market: Voyah Zhuiguang S launched at ¥223,900 with Huawei ADS 5; CATL's all-solid-state pilot line achieved over 500Wh/kg energy density targeting 2027 rollout; national charging infrastructure reached 23.06 million units up 43.2%; Wey V8X and Freelander 8 also debuted.
26420 days ago
BYD delivered strong H1 2026 results with revenue of ¥173.6 billion up 15% and net profit of ¥9.68 billion up 46%. July sales reached 419,000 units with nearly 180,000 overseas units up 124.3%. BYD ranks 6th globally with 4.8% market share, becoming the first automaker to achieve full-process scale from R&D to global delivery.
61020 days ago
BYD launched the Qin MAX on August 13, 2026, pricing its standard B-segment sedan from just 99,900 yuan with standard double-wishbone suspension and CCD damping, fundamentally challenging the B-segment pricing logic.
48621 days ago
The 4th New Energy Vehicle Global Cooperation Development Forum (GNEV2026) will convene in Shanghai from August 19-21, bringing together global government, industry, academia, and research leaders to explore cross-border technology collaboration and mutual recognition of global standards.
39821 days ago
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.
29523 days ago
On August 13, BYD's Qin MAX officially launched with 9 variants across EV and DM-i powertrains, with the DM-i starting at 99,900 yuan, featuring flash charging and Tianyan ADAS, bringing B-class flash-charging sedans below 100K yuan for the first time.
42323 days ago
Huajing Automobile has issued an official statement denying online rumors of "design defects" in the Huajing S. The company states the chassis has passed all regulatory tests, has secured evidence, and filed a police report. The Huajing S is the first flagship model jointly developed by SAIC-GM-Wuling and Huawei, with cumulative sales exceeding 16,000 units since launch.
57323 days ago
Xi'an upgraded its auto consumption subsidy policy starting August 1, offering individual buyers a 2% subsidy on NEV purchases, capped at ¥10,000.
40224 days ago
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