[commercial vehicles] News & Updates

Geely Holding Q1-Q3 Sales Exceed 3 Million, NEV Penetration Reaches 59.7%

Geely Holding announced sales of 3,002,640 vehicles in the first three quarters of 2026, a record high; NEV sales reached 1,792,617, up 12.6% year on year, with a penetration rate of 59.7%. Among them, Geely Auto recorded cumulative sales of 2,235,481 vehicles, including 1,326,364 NEVs, up 14% year on year. NEVs accounted for 71.5% of Lynk & Co's sales, while Zeekr delivered 288,404 vehicles, up 101% year on year. Overseas exports totaled 797,670 vehicles, up 169% year on year, of which NEV exports reached 484,086, accounting for 61% of total exports, indicating that its growth momentum is shifting from scale expansion to structural upgrading.

24020 hours ago

August NEV Exports Up ~130%; 15th Five-Year Plan Targets 70% Passenger Vehicles

Data from CAAM show that in August 2026, China's new energy vehicle sales reached 1.643 million units, up 17.8% year on year, accounting for 60.6% of total vehicle sales. Of these, exports were 526,000 units, up about 130% year on year, while domestic sales were 1.118 million units, down 4.6% year on year, intensifying the divergence between domestic and external demand. During the same period, the Ministry of Industry and Information Technology and nine other departments issued the 15th Five-Year Plan for intelligent connected new energy vehicles, proposing that by 2030 new energy vehicles account for 70% of new passenger vehicle sales and 40% of new commercial vehicle sales, and strengthening capacity monitoring, mergers and reorganizations, and supervision of competitive order, which will continue to affect the pace of domestic consolidation and overseas expansion in the industry.

42130 days ago

82.265 billion yuan revenue, 45.67 billion yuan net profit: Divergence and overseas variables in the auto parts half-year reports

In the first half of 2026, 275 listed auto parts companies generated combined revenue of about 822.65 billion yuan, up 5.3% year on year, and net profit attributable to parent companies of about 45.67 billion yuan, down 9.5% year on year. 157 companies saw net profit decline and 50 posted losses; the top ten companies accounted for 51.4% of the sector's profit. Divergence depends on downstream supporting structure, cost pass-through capability, the pace of intelligent product ramp-up, and the degree of overseas implementation.

52836 days ago

150,000 km Becomes Ride-Hailing Battery "Death Line" as 177Ah Cells Swell in Batches

A batch of ride-hailing vehicles that have reached 150,000 kilometers is experiencing concentrated battery swelling, leakage, and insulation failures. The affected vehicles are primarily equipped with 177Ah lithium iron phosphate (LFP) cells, with failures clustering between 150,000 and 250,000 km — squarely on the manufacturer's "8 years or 150,000 km" warranty threshold. Ride-hailing vehicles operating approximately 80,000 km annually with 1-2 charges daily are challenging existing battery safety standards and warranty systems.

59565 days ago

Foton Motor July Sales 51,800 Units: NEV 11,300, First 7 Months Up 10.38%

Foton sold 51,800 vehicles in July, with NEV sales of 11,300 units. Cumulative first-7-month sales grew 10.38% YoY, with the NEV segment surging 21.48%.

51272 days ago

Beiqi Foton Deepens Smart Commercial Vehicle Strategy, Products in 130+ Countries

Beiqi Foton, China's commercial vehicle leader with the most comprehensive product lineup, has continuously pushed industry boundaries over 30 years. On August 25, 2026, Gasgoo will organize a supplier delegation for deep technical exchanges with Foton's R&D and procurement teams.

53879 days ago

CAAM: H1 NEV Production and Sales Exceed 7.4M Units, Exports Double YoY

In the first half of 2026, China's automobile production and sales reached 14.993 million and 15.017 million units respectively. NEV production and sales exceeded 7.4 million units, with exports of 2.355 million units up 1.2x year-over-year. June monthly exports exceeded 1 million for the first time.

95391 days ago

JAC Motors Expects H1 Loss of 740M Yuan, Loss Narrowed by 32.81M Yuan YoY

JAC Motors released its 2026 semi-annual performance forecast, estimating net loss attributable to parent company owners at approximately 740 million yuan, with loss narrowing by approximately 32.81 million yuan year-on-year. Recurring net loss is expected at approximately 986 million yuan. The performance change is impacted by intensified market competition, operating losses of affiliated companies, and foreign exchange fluctuations, with short-term turnaround pressure remaining.

67599 days ago

commercial vehicles

Geely Holding Q1-Q3 Sales Exceed 3 Million, NEV Penetration Reaches 59.7%

August NEV Exports Up ~130%; 15th Five-Year Plan Targets 70% Passenger Vehicles

82.265 billion yuan revenue, 45.67 billion yuan net profit: Divergence and overseas variables in the auto parts half-year reports

150,000 km Becomes Ride-Hailing Battery "Death Line" as 177Ah Cells Swell in Batches

Foton Motor July Sales 51,800 Units: NEV 11,300, First 7 Months Up 10.38%

Beiqi Foton Deepens Smart Commercial Vehicle Strategy, Products in 130+ Countries

CAAM: H1 NEV Production and Sales Exceed 7.4M Units, Exports Double YoY

JAC Motors Expects H1 Loss of 740M Yuan, Loss Narrowed by 32.81M Yuan YoY

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