BYD achieved over 200% year-on-year growth in Europe during most months of 2025, whereas Tesla saw declines in every single month.
In December 2025, BYD’s registrations in Europe reached 27,678 units, marking a 229.7% year-on-year increase.
Author: cnevpost
Rising metal and memory prices weigh on China’s EV industry, analysts say
If all cost increases are borne by automakers, they could completely erode profit margins, UBS said.
UBS estimates that the cost of a typical mid-sized smart EV could increase by RMB 4,000 ($575) to RMB 7,000.
Li Auto reaches 30,000th delivery of Mega electric MPV
Li Mega saw strong sales performance in the third quarter of 2025, but the momentum halted following a fire incident and subsequent recall in late October.
The milestone indicates that 661 Li Mega units have been delivered this month.
Nio opens 1st distributor store in Hungary as European expansion continues
Nio currently offers the ET5, ET5 Touring, ES6, and ES8 in Hungary.
Nio has commenced deliveries in Hungary, with the first vehicle being an ES8.
Chinese firm launches effort to send humanoid robot into space
Engine AI aims to make its PM01 robot the first humanoid astronaut.
Engine AI has partnered with Chinese commercial space company Interstellar to formally launch this initiative.
Li Auto CEO reaffirms AI focus in internal meeting amid sluggish sales
However, Li Auto employees are more eager to see statements on how to reverse weak sales.
Li Auto will launch humanoid robots and unveil them as soon as possible.
Porsche plans to reduce its dealerships in China by 30% in 2026
Porsche aims to cut its dealership network in China from 114 outlets to 80 in 2026.
Porsche is currently evaluating multiple Chinese smart driving solution providers and conducting relevant research.
Smart #2 prototype concept car to debut at April Beijing auto show
The production version of the two-seat Smart #2 mini EV will be launched within 2026.
Smart first mentioned the Smart #2 in September 2025 as the successor to its ForTwo model.
Tesla rolls out insurance subsidy for Model 3 in China amid beefed-up promotion
Chinese customers purchasing a Model 3 on or before February 28 are eligible for an insurance subsidy of RMB 8,000 ($1,150).
The latest insurance subsidy follows Tesla’s introduction of a 7-year low-interest financing plan for vehicle purchases in China on January 6.
BYD aims for 1.3 million overseas sales in 2026
BYD targets 1.3 million overseas vehicle sales in 2026, representing about 24% growth.
BYD exported about 1.05 million NEVs in 2025, a 150% increase year-on-year.
China not about to approve Tesla FSD soon, state media report says
A Chinese government source indicated that China will not approve Tesla’s FSD soon, dashing Elon Musk’s expectations.
Musk said on Thursday that he expects FSD to receive approval in China next month.
Chery to take over Nissan plant in South Africa
Chery South Africa will acquire the land, buildings, and related assets of the Nissan plant by mid-year.
Chery has demonstrated strong performance in the South African market, currently selling over 2,000 new vehicles monthly in the country.
Nio Onvo launches new higher-priced special edition variants for L90
Onvo has launched new special edition variants for its L90 large SUV to celebrate the upcoming Chinese Year of the Horse, following a similar move for the L60.
The new variants come standard with exclusive horse-themed interior and exterior styling packages, with display vehicles now available at Onvo showrooms.
China builds world’s largest car carrier capable of transporting 10,800 cars
A 10,800-car ship built by Guangzhou Shipyard International for a South Korean company has left the dock.
Previously, the largest car carriers were Anji Logistics’ two vessels with 9,500 car capacity.
Geely to complete production of its 1st all-solid-state battery pack this year
Geely Auto will complete production of its first in-house developed all-solid-state battery pack in 2026 and conduct vehicle installation verification.
Several Chinese automakers are already testing prototype vehicles equipped with solid-state batteries.
Short interest in Li Auto surges to record high as firm remains heavily targeted by short sellers
Li Auto has been the most heavily shorted Chinese automaker since last September.
As of Wednesday, short positions in Li Auto’s Hong Kong-listed shares had climbed to 9.6% of free float, hitting a record high.
CATL expects to begin fitting sodium-ion batteries in passenger cars in Q2
The first passenger vehicle model equipped with CATL’s sodium-ion batteries will come from GAC Aion.
CATL’s sodium-ion battery for light commercial vehicles has completed winter testing in JAC models and will enter mass production in July.
Musk expects Tesla FSD to gain approval in China next month
Musk anticipates Tesla’s FSD will receive approval in China next month, echoing the timeline he mentioned last November.
Starting February 14, the one-time payment buyout for FSD will be discontinued globally, transitioning entirely to a monthly subscription model.
Musk expects Tesla FSD to gain approval in China next month
Musk anticipates Tesla’s FSD will receive approval in China next month, echoing the timeline he mentioned last November.
Starting February 14, the one-time payment buyout for FSD will be discontinued globally, transitioning entirely to a monthly subscription model.
CPCA estimates China Jan NEV retail at 800,000, up 7.5% year-on-year but down 40% sequentially
January’s NEV penetration rate fell to 44.4%, with CPCA anticipating this will mark a cyclical low point.
The CPCA projects China’s overall passenger vehicle retail sales for January to total about 1.8 million units, a 0.36% year-on-year increase but a 20.4% decline from December.
