SAIC to Hit 100 Million Vehicle Delivery Milestone by End of May
Chinese automaker SAIC Motor announced it will deliver its 100 millionth vehicle by the end of May 2026, becoming the first Chinese auto group to reach this cumulative sales milestone. The company’s total vehicle sales slipped 1.5% year‑on‑year to 1.30 million units in the January‑April period, with April sales down 12.7% and SAIC‑Volkswagen volumes plunging 51.5%. SAIC’s global footprint now spans 170 countries, over 7 million overseas deliveries, and a network of more than 3,000 dealers. The firm’s 2025 “Glocal Strategy” aims to roll out hybrid‑powered models worldwide, leveraging its research centers and overseas manufacturing hubs.
Xpeng Defends Its Pure Vision Strategy, Says LiDAR Is No Longer Necessary for Cars
Xpeng unveiled its GX six‑seat SUV and reaffirmed a pure‑vision autonomous‑driving strategy, discarding LiDAR across its lineup. CEO He Xiaopeng argued that high‑resolution cameras now deliver superior performance, especially in adverse weather, and that LiDAR’s power and safety constraints are...
SAIC Audi Sets May 29 Launch for AUDI E7X SUV, Dropping Premium Pricing
SAIC Audi will officially launch the all‑electric E7X SUV on May 29, pricing it between 289,800 yuan ($42,670) and 379,800 yuan ($55,900). The price represents a cut of more than 130,000 yuan from Audi’s original internal target, signaling a shift...
Nio Discloses First Carbon Reduction Target and Links Executive Pay to ESG Goals
Chinese EV maker Nio announced a 43% reduction in the full life‑cycle carbon footprint per vehicle by 2035, using 2023 as the baseline. For the first time, senior‑executive compensation is tied directly to ESG performance metrics. The company also celebrated...
Stellantis, Dongfeng Plan European Joint Venture to Sell Voyah EVs
Stellantis and China’s Dongfeng Motor have signed a non‑binding MOU to create a European joint venture that will sell Dongfeng’s premium EV brand Voyah. Stellantis will own 51% of the new entity and will lead sales and localized production, evaluating...
BYD Top Scientist Says 9-Minute Flash Charging Won't Damage Battery Life
BYD’s chief battery technologist Sun Huajun affirmed that the company’s new flash‑charging system—capable of delivering 1,500 kW and recharging a battery from 10 % to 97 % in nine minutes—does not compromise lithium‑iron‑phosphate (LFP) battery life. The claim is backed by extensive durability testing,...
Xiaomi EV Reportedly Taps New Battery Suppliers for Second Brand to Target EREV Market
Xiaomi is launching a second electric‑vehicle sub‑brand, Skynomad, with its first model Kunlun N3 slated for H2 2026. The company tapped Sunwoda (60% share) and CALB (40%) to supply the 70 kWh battery pack, moving away from its reliance on CATL and...
Xpeng Advances Southeast Asia Push with Indonesian Factory Takeover
Chinese EV maker Xpeng has acquired a 90.1% stake in PT Era Industri Otomotif (EIDO), the manufacturing arm of Indonesia’s Erajaya Group. The deal, effective May 13, gives Xpeng control of a dedicated assembly facility in Southeast Asia’s largest auto...
Huawei-Backed Maextro to Launch S800 Grand Design in June
Huawei‑backed luxury auto brand Maextro will debut the S800 Grand Design in June, priced at about 2 million yuan ($293,580). The new variant adds a two‑tone silver and blue‑green exterior and will be offered as both BEV and EREV, sharing the...
BYD Denza Hits 500,000-Vehicle Production Milestone with N9 Flash Charging Edition
Chinese automaker BYD’s premium sub‑brand Denza celebrated the 500,000th vehicle rolling off its line, the N9 flash‑charging edition, slated for launch on May 18. The N9, priced between 450,000 and 500,000 yuan ($66,000‑$73,000), features a second‑generation Blade Battery with over 75 kWh...
BYD Sees Monthly Sales Climbing on Battery Capacity Ramp-Up
BYD said its battery capacity remains tight as multiple models enter a production ramp‑up, but April NEV deliveries rose 6.96% to 321,123 units. The company expects monthly sales to climb gradually as battery output improves, even though it recorded its...
Stellantis, Dongfeng Strike $1.18 Billion Deal to Produce Peugeot and Jeep Models in China
Stellantis and state‑owned Dongfeng Motor have sealed an 8 billion yuan (≈ $1.18 billion) agreement to produce new‑energy Peugeot and Jeep models at Dongfeng’s Wuhan plant. Stellantis will invest €130 million (≈ $150 million) to launch two Peugeot NEVs and two Jeep off‑road EVs beginning in 2027,...
Xpeng in Talks to Buy VW Plant for Europe Expansion
Xpeng (NYSE:XPEV) is in advanced talks with Volkswagen to acquire a European manufacturing plant as it seeks to scale beyond its contract‑produced capacity at Magna Steyr in Austria. The Chinese EV maker’s exports surged 62% in April, reaching 6,006 vehicles, underscoring...
BYD to Introduce Shark Pickup to Fang Cheng Bao Lineup in China This Year
BYD announced that its Shark hybrid pickup will join the Fang Cheng Bao lineup in China later this year, following an overseas debut in Mexico in May 2024. The Shark, built on BYD's DMO dual‑mode off‑road platform, produces over 430 horsepower,...
BYD Expands Flash Charging Lineup with New Fang Cheng Bao Off-Road SUVs
BYD’s Fang Cheng Bao sub‑brand launched flash‑charging editions of its off‑road SUVs, the Bao 5 and Bao 8, on Wednesday. The Bao 5 starts at ¥305,800 (≈$45,020) and the larger Bao 8 at ¥419,800 (≈$61,700), each equipped with the second‑generation Blade Battery and ultra‑fast...