FAW-Volkswagen's JETTA brand has completed MIIT regulatory filing for its first all-electric sedan, the M6. Built on VW's CMP platform with proprietary Jiesi architecture, it offers 113kW and 145kW single-motor variants and is expected to launch later this year.
13610 hours ago
Morocco's established automotive supply chain is creating new gaps through electrification that existing suppliers cannot fill alone. Stellantis announced an additional €1.2 billion investment, targeting local sourcing rate increases from 69% to 75%.
17211 hours ago
The 23rd Changchun International Auto Expo opened with the theme "Moving Forward Together," showcasing seven decades of the city's automotive evolution from the first Jiefang CA10 truck in 1956 to today's electrified and intelligent vehicles.
2862 days agoIn H1 2026, the German luxury trio (BBA) continued to underperform in the Chinese market. Hit by intensifying NEV competition, price wars, and declining brand premium power, BBA's sales and profits in China saw significant declines. Audi's depreciation rate surged over 10% from the beginning of the year, with some models seeing dealer quotes 100,000-150,000 yuan below MSRP. Mercedes and BMW face similar pressures of halved profits and declining sales. BBA is transforming from a "profit cash cow" to a "strategic burden," entering a full retrenchment cycle in China.
1866 days ago
In the first week of June 2026, China's passenger vehicle market reached a historic milestone: NEV retail penetration rate hit 66.7% for the first time, meaning two of every three new cars sold were new energy vehicles. From breaking 50% in 2024 to exceeding 66% in 2026, China's auto electrification is accelerating.
30813 days agoBloombergNEF's June 17 report projects global NEV passenger vehicle sales will exceed 23 million units in 2026, up 11% year-over-year. NEVs will account for over one-quarter of global passenger vehicle sales. China remains the world's largest market with nearly two-thirds domestic penetration.
51814 days ago
Data from the Society of Motor Manufacturers and Traders reveals that UK pure-electric vehicle cumulative sales have surpassed gasoline cars for the first time in history. This milestone marks a new phase in Britain's automotive electrification and creates significant opportunities for Chinese new energy vehicle exports to the UK market.
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Multiple African nations are accelerating their electrification efforts. Kenya's electric motorcycle sales jumped 40% year-over-year, while Ethiopia announced a ban on fossil fuel vehicle imports. Chinese investors committed $550 million to Spiro, and Yadea partnered with Kenyan firms to build battery swap stations. Chinese industry chains are participating across batteries, vehicles, and infrastructure.
52920 days agoVolkswagen Group plans to cut approximately 19,000 jobs in Germany in 2026, with cumulative layoffs exceeding 28,000 by 2030. The massive restructuring follows a 50% plunge in operating profit and a 20% collapse in China sales. German automaking is confronting a triple squeeze of high energy costs, massive EV transition investments, and a reshaped global competitive landscape.
30729 days agoToyota's electrification transformation in China has significantly accelerated, with the bZ3X winning the NEV sales crown among joint ventures in China. Toyota China GM Li Hui stated that the evolution from bZ4X to bZ3X represents Toyota EVs moving from Generation 1.0 to 2.0. A China product export plan may be finalized by end of 2026, feeding back into Toyota's global electrification process.
21434 days ago
In April 2026, the European EV market warmed significantly. Plug-in vehicle registrations approached 385,000 units, up 35% YoY, with pure electric vehicles (BEV) reaching 262,000 units, surging 42% YoY and accounting for 23% of the overall new car market. Traditional fuel vehicles continued to shrink, with gasoline sales down 15% and diesel down 17%. Hybrid vehicles (HEV) became the best-selling powertrain type with 36% market share, but BEV's 42% growth rate was the second highest in 2.5 years, showing Europe's electrification transition is accelerating.
41138 days ago
Indian automaker Tata Motors plans to license vehicle manufacturing platform technology from China's Chery Automobile for its Avinya pure electric series, scheduled for production in 2027. This marks the first large-scale export of Chinese automotive platform technology to the Indian market, opening a new path for Chery's overseas technology licensing model.
21540 days ago
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