China’s NEV retail sales came in at 495,000 units from March 1 to 22, contributing 53.9% of total passenger car sales.
The Chinese New Year holiday and consumers waiting for upcoming NEV models led to relatively sluggish transactions.
Author: cnevpost
BAIC details sodium battery with 450-km range
BAIC said that its sodium-ion battery offers a range of 450 kilometers and supports 4C fast charging.
BAIC’s Aurora sodium-ion battery can complete a fast-charging cycle in just 11 minutes.
Nio ES9 spied undisguised ahead of Apr 9 debut
Undisguised spy shots of the Nio ES9 have emerged ahead of its April 9 tech event, showcasing the massive size of the SUV.
The full-size electric SUV is expected to feature Nio’s latest R&D achievements and is poised to be showcased at the Beijing Auto Show in late April.
Xpeng previews 2026 Mona M03, bringing 750 TOPS computing power to sub-$20,000 EV market
Xpeng will equip its lowest-priced model with its in-house developed Turing AI chip for the first time, supporting all-scenario assisted driving capabilities.
The strategy reflects Xpeng’s attempt to improve its profit margins and appeal through tiered hardware and software options.
Li Auto launches 1st share buyback after prolonged stock slump
Li Auto unveiled a $1 billion share repurchase program, marking its first buyback since its US listing in July 2020.
The move comes during a challenging period as Li Auto suffered a 19% drop in vehicle deliveries in 2025.
Nio officially launches Firefly EV in Thailand, debuts at Bangkok auto show
The right-hand drive version of the Firefly EV has been officially launched in Thailand, priced at 799,000 baht ($24,460).
Thailand is Nio’s second right-hand-drive market, as the company seeks growth in regions not subject to punitive tariffs.
Hesai posts 1st full-year profit as LiDAR shipments triple
Hesai achieved a net income of 435.9 million yuan ($62.3 million) in 2025, marking its first full-year profitability.
The company’s total LiDAR shipments surged 223% in 2025, topping a record 1.6 million units.
Xiaomi’s EV and AI unit posts 1st annual profit as revenue triples
Xiaomi’s EV and AI segment posted its first annual operating profit of 900 million yuan in 2025.
Revenue for the innovative business jumped 223.8% to 106.1 billion yuan in 2025.
BYD registrations jump 162% in Europe, beating Tesla again
BYD’s new car registrations in Europe reached 17,954 units in February, narrowly surpassing Tesla’s 17,664 units once again.
Cumulative data for the first two months of the year shows BYD is cementing its lead.
QCraft raises $100 million to accelerate physical AI and autonomous driving push
QCraft’s systems have been deployed in one million vehicles, and the company currently partners with nearly 10 automakers.
QCraft will significantly shift its strategic focus toward Level 4 autonomous driving and general-purpose physical AI, while accelerating its expansion into overseas markets.
BMW recalls 180,000 cars in China over wiring defect that could cause fire
Affected models include domestically produced and imported 5 Series, 7 Series, and M5.
Domestically produced 5 Series cars accounted for the majority, totaling 133,849 units.
Huawei-backed Shangjie starts pre-sales for Z7 and Z7T to rival Xiaomi
The Shangjie Z7’s pre-sales price of 229,800 yuan ($33,280) is just 100 yuan lower than the updated Xiaomi SU7’s pre-sales price, signaling fierce competition for customers.
The Z7 series features Huawei’s latest autonomous driving technology and offers a range of up to 905 kilometers.
Huawei-backed Aito begins pre-sales of M6 SUV, updates M7 and M8 to boost sales
The Aito M6 SUV has opened for pre-sales starting at 269,800 yuan ($39,040), coming standard with an industry-leading 896-channel LiDAR system.
Aito also launched updated versions of the M7 and M8, further intensifying competition in China’s fiercely competitive EV market.
Huawei-backed Luxeed launches updated R7, S7
The updated R7 and S7 feature upgraded autonomous driving technology, coming just seven months after their last refresh.
Luxeed also announced that its flagship MPV, the V9, will arrive in showrooms in late April as the brand accelerates its product lineup expansion.
Huawei-backed Stelato launches updated S9 and S9T EVs
The latest update to the Stelato S9 comes just four months after its previous refresh, while the updated S9T arrives only six months after its initial launch.
Both vehicles feature upgraded 896-line LiDAR and new exterior color options, aiming to further attract younger consumers.
Nio’s battery asset operator Mirattery raises funds via new ABN in interbank market
Mirattery has issued a new green ABN with a total value of 1 billion yuan ($145 million) to support its battery asset business.
This is its latest asset securitization move following the completion of its Series C3 financing and REITs issuance last month.
Xpeng sets up robotaxi unit to accelerate commercial rollout
Xpeng plans to launch passenger-carrying demonstration operations for its robotaxis in the second half of this year.
The newly established unit will coordinate product definition, project integration, R&D testing, and daily operations.
Xiaomi secures over 30,000 locked-in orders for upgraded SU7 sedan
Sales of the new-generation SU7 have been significantly better than the first-generation model, Xiaomi’s founder said.
The upgraded SU7 was launched on March 19, garnering over 15,000 locked-in orders within the first 34 minutes of its release.
Nio teases flagship ES9 SUV with winter test video ahead of Apr 9 event
Nio released a winter test video of its ES9 SUV on Monday, highlighting the model’s handling and agility ahead of an April 9 technology event.
Nio is accelerating the launch pace of its flagship model, aiming to build market momentum for the upcoming Beijing Auto Show.
Xiaomi kicks off upgraded SU7 deliveries, signs major China track deals
Xiaomi prepared a batch of vehicles in advance for the upgraded SU7 to facilitate rapid deliveries following its launch.
Xiaomi reached title sponsorship agreements with three top-tier Chinese racing events, further deepening its footprint in the motorsport sector.
