Most of the stores slated for closure were opened during Li Auto’s previous aggressive expansion phase.
Li Auto is currently evaluating the move, and the exact number of stores to be closed remains unclear.
Author: cnevpost
Geely’s ride-hailing unit Cao Cao Mobility aims to deploy 100,000 robotaxis by 2030
Cao Cao has begun pilot operations of its second-generation robotaxis.
Cao Cao will unveil a custom robotaxi model pre-installed with proprietary autonomous driving suite this year.
Abu Dhabi merges CYVN’s stake in Nio into new state-owned fund L’imad
A filing with the US SEC earlier this month showed L’imad holds a 17.9% stake in Nio.
CYVN Holdings LLC has been transferred to L’imad, whose board chairman is the Crown Prince of Abu Dhabi.
CATL launches 1st sodium-ion battery for light commercial vehicles
The sodium-ion battery is engineered for extreme cold environments, retaining 90% of its usable capacity at -40°C, CATL said.
The sodium battery pack has a capacity of 45 kWh and targets use in light trucks and micro-trucks.
Geely Holding targets 6.5 million global sales by 2030
Geely Holding aims for sales outside China to contribute over one-third of its total by 2030, with global revenue exceeding RMB 1 trillion ($144 billion).
For the full year 2025, Geely Holding’s sales reached 4.12 million units, a 26% year-on-year increase.
Demand frontloading propels China’s new energy heavy-duty truck penetration past 50% for 1st time
In December, China sold a record 45,300 new energy heavy-duty trucks, accounting for 53.89% of total heavy-duty truck sales of 84,000 units.
This was primarily due to demand being front-loaded from 2026, but the electrification trend in the heavy-duty truck industry is seen as unstoppable.
Nio Onvo launches HarmonyOS app for Huawei devices
The Nio main brand’s mobile app has already been adapted for HarmonyOS, while the Firefly sub-brand has yet to do so.
On December 31, Tesla’s native HarmonyOS app was launched on Huawei’s App Gallery.
Xpeng becomes latest EV maker to launch 7-year financing plan in China
Xpeng joins Tesla, Xiaomi, and Li Auto in offering ultra-long-term, low-interest financing for vehicle purchases.
This approach helps reduce vehicle purchase costs while avoiding price wars.
China NEV retail sales drop 16% year-on-year to 312,000 units in Jan 1-18
From January 1 to 18, China’s total passenger vehicle retail sales came in at 679,000 units, down 28% compared to the same period last year.
NEV retail penetration in China stood at 45.95% during the January 1-18 period.
China’s little-known SC01 electric sports car reportedly set to hit Europe
The European version of the SC01 will be produced in Italy, though the exact assembly location remains undetermined.
It will be a limited-edition model, with only 1,000 units reserved for select European markets.
China’s EV charging plugs surpass 20 million
By the end of 2025, China had 4.717 million public charging plugs and 15.375 million private charging connectors.
The total number of EV charging plugs in China reached 20.092 million, a 49.7% increase compared to the same period in 2024.
Li Auto aims to deliver 550,000 cars in 2026, with increased focus on EREV models, report says
Li Auto is resetting its priorities toward its most certain business, with an overall strategic direction to reclaim leadership in the EREV sector in China.
In 2026, it will first concentrate on upgrading the Li L9, equipping the extended-range SUV with a larger battery pack and its in-house developed M100 chip.
Geely Galaxy launches V900 extended-range MPV starting at $38,770
The Geely Galaxy V900 boasts a battery range of up to 260 km and a combined range of 1,220 km with a full tank and fully charged battery.
The V900 will compete against models including the BYD Denza D9 and Xpeng X9.
EU denies plans to impose tariffs on Chinese hybrid cars
There is no ongoing investigation into exports of hybrid vehicles from China to the European Union, a spokesperson said.
“The commissioners are politicians and have the right to raise whatever issues they want,” he said.
LG Energy Solution advances pilot production line for sodium batteries at China plant, report says
LG Energy Solution plans to complete construction of the pilot production line within the year and begin sample production.
The battery maker will validate the feasibility of mass-producing sodium batteries.
Xpeng’s sales outlets surpass 1,000 as global footprint expands to 60 countries
Xpeng operates 380 overseas stores, with 290 located in Europe.
Its sales network in China comprises 721 outlets covering 255 cities.
Xpeng’s sales outlets surpass 1,000 as global footprint expands to 60 countries
Xpeng operates 380 overseas stores, with 290 located in Europe.
Its sales network in China comprises 721 outlets covering 255 cities.
Li Auto follows Tesla and Xiaomi in offering 7-year low-interest financing incentive
Li Auto delivered 44,246 vehicles in December, a 24.38% year-on-year decline and the seventh consecutive month of falling deliveries.
In 2025, Li Auto delivered 406,343 vehicles, an 18.81%year-on-year decrease.
Nio ES8 delivery wait in China reduced to 13-14 weeks
This represents roughly half the 24-26 week wait period when the third-generation ES8 was launched in September 2025.
The first quarter will mark the annual low point for China’s overall automotive industry.
‘Scam’ — Chinese battery maker Svolt’s comment on Finnish Donut Lab’s solid-state battery
Svolt’s chairman said that Donut Lab’s claimed battery parameters are contradictory, and such a battery simply doesn’t exist in the world.
Donut Lab claims its all-solid-state battery achieves an energy density of up to 400 Wh/kg with a design life of up to 100,000 cycles.
