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RMB 150M-300M Share Purchase! Seres Controlling Shareholder Boosts 22.99% Stake, Confident in Long-Term Value

RMB 150M-300M Share Purchase! Seres Controlling Shareholder Boosts 22.99% Stake, Confident in Long-Term Value

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.

4613 days ago
Red Dot Design + 655km Range: Chery Fengyun A9 Pre-Sale Sets New Benchmark

Red Dot Design + 655km Range: Chery Fengyun A9 Pre-Sale Sets New Benchmark

Chery Fengyun A9 is scheduled for its tech aesthetics show and simultaneous pre-sale launch on July 9, positioned as a 150,000-yuan-class new-generation smart beauty coupe. The model has won the prestigious German Red Dot Design Award and offers both pure-electric and EREV powertrain options. The EV variant features a 178kW motor and 70.11kWh Rhino battery with 655km CLTC range; the EREV variant employs a 1.5L range-extender system. For intelligent features, the Fengyun A9 carries an AI Lingxi smart cockpit with a 3nm 8678 chip, and the Falcon intelligent driving system with LiDAR and 128 TOPS computing power, supporting both city and highway NOA. With a 2,900mm wheelbase, 23-speaker audio, and karaoke functionality, this 150,000-yuan coupe delivers a 300,000-yuan-quality experience.

42210 days ago
China Cancels NEV Vehicle and Vessel Tax Benefits from 2027: PHEV/EREV Owners Face Higher Costs

China Cancels NEV Vehicle and Vessel Tax Benefits from 2027: PHEV/EREV Owners Face Higher Costs

China's three ministries announced that from January 1, 2027, preferential vehicle and vessel tax policies for NEVs will be fully canceled. Halved rates for energy-efficient vehicles and exemptions for commercial BEVs, PHEVs, EREVs, and fuel-cell vehicles will all terminate. Pure-electric passenger vehicles remain unaffected. Central Asian importers need to adjust PHEV procurement strategies.

39314 days ago

Chinese Automakers Accelerate Middle East Expansion, Qatar Flagship Store Becomes New Benchmark for Going Global

Chinese automakers are accelerating their Middle East expansion. Dongfeng M-Hero opened its first flagship store in Doha, Qatar, while Li Auto established its first overseas retail center in Uzbekistan with plans to deepen Middle East penetration. BYD, Geely, and Chery are also building dealer networks across Saudi Arabia and the UAE, shifting from pure vehicle exports to comprehensive channel and service development.

41718 days ago
Leapmotor D99 Flagship MPV Officially Launched from $24,980, Redefining Value in the 300K RMB Segment

Leapmotor D99 Flagship MPV Officially Launched from $24,980, Redefining Value in the 300K RMB Segment

On June 25, 2026, Leapmotor officially launched its first flagship MPV — the D99, priced from 249,800 to 319,800 yuan. Positioned as a "Tech-Luxury Flagship MPV," the D99 offers both EREV and pure-electric powertrains. The EREV version delivers a CLTC pure-electric range of up to 480 km, making it the world's longest-range EREV MPV. Equipped with dual Qualcomm 8797 chips, CTC battery-chassis integration, and full-series ADAS, the D99 brings million-yuan-level experience at a 300K yuan price point, filling Leapmotor's gap in the premium MPV market.

36622 days ago
Hyptec S600 to Launch on June 12 with Dual EV and EREV Powertrains, Opening New Segment for Large Coupe SUVs

Hyptec S600 to Launch on June 12 with Dual EV and EREV Powertrains, Opening New Segment for Large Coupe SUVs

On June 12, 2026, Hyptec's brand-new large coupe SUV — the Hyptec S600 — will officially launch. The new vehicle carries a pre-sale price of 209,900-229,900 yuan, with a benefit price of 188,900-208,900 yuan (including trade-in subsidies and financial discounts), offering both pure electric and extended-range electric vehicle (EREV) powertrain options. Equipped with ADiGO6.0 intelligent cockpit and Star Pilot ADiGO GSD system, it targets the large coupe SUV market, directly competing with Tesla Model Y and XPeng G6.

35536 days ago

Range-Extended Vehicle Sales Plunge 25% in May: Is the Pure EV Era Really Here?

In May 2026, range-extended electric vehicle sales plummeted nearly 25% year-over-year, marking the largest single-month decline in nearly five years. Only 3 models in the entire market broke through 5,000 monthly sales. This shift is triggering industry re-examination of technology pathway choices. For overseas buyers, the retreat of EREVs and the establishment of pure EV dominance will directly affect the technical composition of Chinese export models and long-term value assessments.

44737 days ago
Voyah Taishan X8 Launches in Greater Bay Area: A New Variable in Premium NEV SUVs

Voyah Taishan X8 Launches in Greater Bay Area: A New Variable in Premium NEV SUVs

In June 2026, Voyah officially launched its new premium new energy SUV, the Taishan X8, in the Greater Bay Area. Positioned as a mid-to-large six-seater SUV, the vehicle offers both pure electric and EREV power options, with a maximum CLTC range of **730km**. The Taishan X8 features Huawei's Kunlun ADS 3.0 intelligent driving system, priced between **350,000 and 450,000 yuan**, directly competing with the Li Auto L8 and AITO M8.

15243 days ago