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China-EU Consultations Signal Easing as Four Automakers Chart Different Paths

China-EU Consultations Signal Easing as Four Automakers Chart Different Paths

The second regular meeting of the China-EU Trade and Investment Consultation Mechanism was held in Beijing from October 8 to 9. The two sides reached an understanding on hybrid vehicle trade and agreed to advance price undertakings and review procedures in the electric vehicle anti-subsidy case. On October 14, Changan, Leapmotor, Dongfeng and GAC successively expressed support, but their European focuses vary: Changan stressed localization "in Europe, for Europe"; Leapmotor said it has established more than 1,000 outlets in 36 countries and entered local manufacturing; Dongfeng focuses on compliance and taking hybrid technology overseas; and GAC is deepening local cooperation. Industry insiders believe trade costs remain a key variable in automakers' European investment decisions.

1991 day ago

From 120 to 20: Changan's Tianshu Pilot Enters Mass Production, Betting on the Power to Define Intelligence

In the first half of 2026, domestic passenger vehicle sales totaled 12.72 million units, down 6% year on year; domestic sales fell 24.3%, and the industry's sales profit margin dropped to 3.8%. Over the same period, new energy vehicle penetration rose to 54%. As roughly 100 brands face a shakeout window, Changan Automobile has brought its self-developed intelligentization achievement, Tianshu Pilot, into large-scale mass production after investing more than RMB 60 billion, with the first model to feature it, the Nevo Q06, opening pre-sales. The opportunities and risks of its 'self-development first + open cooperation' path are emerging simultaneously.

39036 days ago