In H1 2026, China's passenger vehicle retail sales exceeded the full-year 2025 level. CPCA data shows record cumulative sales. NEV penetration continues rising, with June wholesale expected to grow 22% YoY. BYD sold 1,808,500 units including 789,400 overseas. Chery reached 1,357,533 units, up 7.7%. For buyers in Central Asia and Russia, this means richer choices and competitive pricing.
55711 days agoFrom January to May 2026, China sold **104,000** new energy heavy trucks, with market penetration exceeding **31%** for the first time. Under the guidance of the "New Energy Vehicle Promotion and Application Implementation Plan" jointly issued by 11 departments, new energy heavy trucks are accelerating transformation from policy-driven to market-driven. At the current growth rate, the industry is
20527 days agoAs the global automotive market landscape reshapes, the right-hand drive (RHD) market is becoming a new blue ocean for Chinese automakers going global. With its unique geographical location, mature automotive consumption environment, and close ties with Southeast Asian markets, Hong Kong is becoming an important testing ground for Chinese automakers to validate products and build brands. BYD, XPen
22227 days agoOn June 20, 2026, according to German newspaper Handelsblatt, the European Commission is planning to impose new tariffs on plug-in hybrid vehicles (PHEVs) imported from China. This means that after the EU imposed anti-subsidy duties of 17%-35.3% on Chinese BEVs in November 2024, the strategic shift of Chinese automakers from BEV to PHEV exports may also be blocked. This article analyzes the backgr
12827 days agoOn June 18, 2026, at the 9th Intelligent Driving and Global Expansion Conference hosted by Gasgoo, Zhang Wei, Senior System Director of iMotion Technology, pointed out that Chinese smart driving solutions are facing multiple scene adaptation challenges from driving to parking, from perception to interaction when going global. This article organizes his core viewpoints and analyzes the current situ
16427 days ago
On June 17, at the "2026 9th Intelligent Driving & Overseas Expansion Conference" hosted by Gasgoo, Huawei intelligent driving expert Huang Ziliang pointed out that intelligent driving is rapidly becoming a standard feature of new energy vehicles, with L2 and L2+ level ADAS penetration rates continuing to climb. He emphasized that against this backdrop, the construction of fundamental computing power capabilities is becoming the core foundation of competition among automakers. The future industry landscape will be determined jointly by computing power reserves and data closed-loop capabilities.
25030 days ago
China's 2026 auto consumption policy package continues to strengthen. The trade-in subsidy program enters version 2.0 with increased subsidies and a focus on county and rural markets. NEV purchase tax exemption is extended through year-end 2026, providing policy certainty. Combined, these policies are expected to sustain 15%+ NEV sales growth with penetration potentially exceeding 60%.
37848 days ago
Counterpoint data shows global electric vehicle sales in Q3 2025 grew 32% year-over-year. Battery electric vehicles (BEV) continued to dominate, accounting for 2/3 of total EV sales, with BEV sales up 32% year-over-year. BEV penetration reached a new milestone this quarter, accounting for 18% of global passenger vehicle sales, up from 14% in the same period last year. China remains the key growth engine, contributing 60% of global BEV total sales. At model level, Tesla Model Y, Geely Galaxy Xingyuan and Tesla Model 3 became the quarter's best-selling EVs globally.
40950 days ago
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