According to the Shanghai Jiading official account, NIO's new battery R&D base project will be established in Jiading in 2026, focusing on next-generation power batteries, with construction scheduled to begin in H2. Upon completion, it will feature 31 lithium battery testing labs, a cell pilot line, and a battery pack assembly line.
2223 days ago
GAC Group released its H1 2026 earnings forecast, expecting a net loss of RMB 4.06B-4.57B, nearly double year-over-year. NEV transition investments in proprietary brands continue to grow, while JV brand profits shrink significantly. The traditional "volume-for-profit" logic has broken down.
3333 days ago
In July, next-gen Li Auto L6 updates emerge: battery charging breakthrough, interior upgraded to L9 level, prices may rise due to costs. Launch countdown underway.
5193 days ago
On July 8, BYD rolled out its 17 millionth new energy vehicle from its Xi'an factory, becoming the first automaker in the world to reach this milestone. The Seal 08, the vehicle marking this achievement, features a 905 km pure-electric range and 5-minute fast charging, redefining the large flagship family sedan segment with 37 industry-first innovations.
2033 days ago
In June 2026, Tsing Standard, a Tsinghua University-incubated embodied AI company, completed Series B financing worth hundreds of millions of yuan. Leveraging eight years of data accumulation, the company built a physical AI data flywheel serving nearly every major domestic automaker and battery manufacturer.
2743 days ago
On July 13, Seres announced controlling shareholder Chongqing Sokon Holding plans to purchase RMB 150M-300M of A-shares within 6 months through centralized bidding, using own funds. Sokon Holding currently holds 401 million shares, representing 22.99% of total equity. Meanwhile, Seres' new brand AIVA's first mass-production model AIVA ME7 is slated for release this year, targeting the 100,000 to 200,000 yuan range.
4633 days ago
FAW-Volkswagen's JETTA brand has completed MIIT regulatory filing for its first all-electric sedan, the M6. Built on VW's CMP platform with proprietary Jiesi architecture, it offers 113kW and 145kW single-motor variants and is expected to launch later this year.
1733 days agoOn May 29, 2026, Hangzhou-based dexterous hand solutions provider Xynova officially closed its Series A round worth hundreds of millions of yuan, led by Li Auto Strategic Investment and CSC Financial Capital. Total fundraising has reached nearly 1 billion yuan since its founding in late 2024. The company launched the world's first hybrid "cable-driven plus direct-drive" dexterous hand, Flex 2.
4363 days ago
On July 14, CAAM Aftermarket Branch issued a clarification statement, noting that some media confused "average vehicle age in use" with "vehicle replacement cycle," causing public misinterpretation. The 1.8-year average reflects structural characteristics of the industry's current transition phase.
3024 days ago
On July 12, BYD (Thailand) announced cumulative NEV deliveries in Thailand surpassed 130,000 units. The plant marks its second anniversary, with 150,000-unit annual capacity, 93% local employees, and 50% localized procurement.
1404 days ago
BMW Group delivered approximately 591,000 vehicles globally in Q2 2026, down 4.9% year-over-year. China market sales reached 117,817 units, plummeting 30.2% YoY, becoming the biggest drag on global performance. Europe and Americas maintained growth but could not offset Asia-Pacific decline. The Group slashed full-year guidance in June, with EBIT margin expectations lowered from 4%-6% to 1%-3%.
1745 days ago
GAC Group expects a net loss of 4.06 to 4.57 billion yuan for H1 2026, contrasting with total sales of 773,100 units, up 2.35% year-over-year. NEVs account for over 60% of sales, while self-owned brands and exports both delivered strong growth. The sharp decline in joint venture sales remains the primary drag on overall profitability.
3666 days ago
EX1000
