Market Updates

9 Automakers Recall Over 4.27 Million Vehicles, Door Handle Safety Flaw Rings Industry Alarm

On August 21, 2026, China's State Administration for Market Regulation announced that Tesla, Xiaomi, Leapmotor, XPeng, Geely, Chery, Dongfeng, BAIC BJEV, and FAW recalled multiple vehicle models due to interior emergency mechanical handle safety issues, involving over 4.27 million units. Tesla accounted for approximately 2.976 million vehicles, nearly 70% of the total. Automakers mainly addressed the issue through warning label additions and OTA updates.

2159 days ago

NIO ES8 Hits 140,000 Deliveries in 335 Days, Tops Large SUV Segment

NIO ES8 achieved its 140,000th delivery on the opening day of Chengdu Auto Show 2026, just 335 days after launch. The model has led both the large SUV and 400k-yuan vehicle segments from January to July 2026, with July retail sales reaching 10,284 units. NIO has built 9,228 charging and swapping stations nationwide.

4669 days ago

Chery Leads Gasoline Engine Sales at 1.75M Units, BYD Breaks 1M Chasing Geely

China's multi-cylinder gasoline engine sales reached 10.1174 million units from January to July 2026, down 12.92% year-on-year. Chery topped the ranking with 1.7463 million units and 17.26% market share, followed by Geely Power at 1.2343 million and BYD at 1.034 million. Passenger vehicle gasoline engine sales plunged 24.33% in July alone.

3749 days ago

VW China Self-Developed L2++ ADAS to Launch This Year, Horizon Robotics Chips Power Smart Driving Democratization

Volkswagen Group China, through its intelligent driving capability center CARIZON, has launched its first-generation self-developed full-scenario driving assistance (L2++ ADAS) product HS8. Starting Q3 2026, it will be equipped on 7 new models across three joint ventures. The system uses Horizon Robotics Journey 6 series chips, offering both pure vision and lidar-equipped variants, marking VW's strategic shift from supplier dependency to full-stack self-development in China.

2929 days ago

Xiaomi Auto Q2 Revenue Hits $3.3B: Growth and Profit Challenges

Xiaomi's Q2 2026 financial report shows auto revenue of 23.9 billion yuan with 104,199 deliveries, but segment operating losses expanded to 2.6 billion yuan and gross margin fell to 19.2%.

4599 days ago

Global Top 10 Automakers: BYD, Geely, Chery Make Historic Debut

In H1 2026, BYD, Geely, and Chery entered the global top 10 automakers for the first time, with a combined market share of 13.5%, surpassing Volkswagen Group.

3219 days ago

Ningbo Port Auto Exports Hit 36.9 Billion Yuan in 7 Months, NEVs Surpass 80% Share

In the first seven months of 2026, Ningbo Port auto exports experienced explosive growth. Export value reached 36.96 billion yuan, up 68% year-on-year; export volume hit 368,800 units, up 72.99%. New energy vehicles were the standout, with export value of 30.03 billion yuan up 98.55% and accounting for 81% of the port's total auto export value.

46710 days ago

DPCA's "New Ship" Sets Sail: China's JV Model Evolves from "Market for Tech" to "Tech for Global"

The 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."

18210 days ago

Desay SV Leads Smart Cockpit Market as Local Suppliers Accelerate AR-HUD Adoption

In H1 2026, China's passenger vehicle smart cockpit market continued rapid growth, with competition further differentiated across domain controllers, HUDs, chips, and voice interaction. Desay SV leads the domain controller market with 14.9% share, Qualcomm dominates chip supply with 71.4%, and local suppliers are expanding aggressively in AR-HUD and voice segments.

54510 days ago

NEV Penetration Tops 50%, Yet Many Buyers Still Hesitate — Here's Why

From January to July 2026, China's NEV penetration rate reached 51.2%, with July alone breaching 60%. Yet a significant number of consumers remain hesitant at the door of electrification. This article breaks down the real decision-making ledger of EV holdouts across five dimensions: operating costs, insurance, residual value, charging conditions, and safety perception.

24510 days ago

Six Parties Inject 8.2 Billion Yuan: Dongfeng Stellantis JV Officially Launches in Wuhan

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.

53710 days ago

Geely Galaxy A7 Hits 100,000 Sales in First Year, EM Variant Starts Under $14,000

Geely Galaxy A7 cumulative sales surpassed 100,000 units on its first anniversary. The 2026 lineup offers EM PHEV and EV dual variants starting at 97,800 yuan, redefining mid-size family sedan value with 2,150km combined range and 2L-class fuel consumption.

50911 days ago

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