Domestic NEV sales plunge over 36% year-on-year, dragged by the traditional low season and additional purchase tax costs.
NEV exports surge 115.3% year-on-year, serving as a key engine supporting the broader market.
Author: cnevpost
Nio’s 3rd-gen ES8 sales momentum continues with 80,000th delivery due in late Mar
After the Chinese New Year holiday ended in late February, new orders for the ES8 have recovered well, Nio president said.
Retail sales of the third-generation ES8 reached 11,260 units in February, ranking first in China’s large SUV market for the third consecutive month.
Li Auto CEO considers stock buyback as share price hovers near record lows
If executed, it would mark the first executive share buyback since the company’s secondary listing in Hong Kong in August 2021.
The potential capital market intervention follows a 19% decline in deliveries in 2025, as well as an ongoing exodus of senior management personnel.
Chery begins pre-sales for QQ3 small EV with advanced driver assistance
The pre-sales price of the Chery QQ3 starts at 68,920 yuan ($10,020), with orders reaching 21,957 units in the first 2 hours.
It is equipped with Chery’s Falcon 500 smart driving assistance system, capable of supporting automated parking in over 100 scenarios.
Lotus starts pre-sales for hybrid SUV For Me in China, targeting family market
The For Me is now on display at all Lotus stores across China, with official market launch and deliveries expected to begin by the end of March.
Known as the Eletre X in overseas markets, the For Me is aimed at targeting the luxury family car market.
Nio surges in Hong Kong after posting first-ever quarterly profit
Nio shares surged 14.80% in Hong Kong after the company posted its first-ever quarterly profit since inception.
The EV maker provided robust first-quarter delivery guidance, projecting a year-on-year vehicle delivery increase of about 90.1% to 97.2%.
BYD reportedly explores F1 entry to boost global brand appeal
BYD is considering entering competitive motorsports, including F1 and endurance racing, to boost its global brand appeal, Bloomberg reported.
A potential entry would face high financial costs and strong resistance from existing F1 teams.
Nio ties CEO pay to long-term strategy with 2026 share plan
Nio board has approved 2026 share incentive plan capped at 248 million Class A ordinary shares, representing 10% of outstanding stock.
William Li receives 248 million restricted share units tied to specific performance targets and continued service.
Nio Q4 2025 earnings call: Live updates
The 2026 ET5, ET5 Touring, ES6, and EC6 will also hit the market in the second quarter. The Onvo L80 will launch during the same quarter. Read more…
Nio reports Q4 net profit of $40.4 million, achieving 1st ever quarterly profitability
Nio Inc recorded a net profit of 282.7 million yuan ($40.4 million) in the fourth quarter of 2025, compared to a net loss of 7.1115 billion yuan in the fourth quarter of 2024 and a net loss of 3.4805 billion yuan in the third quarter of 2025. Read more…
Mercedes in talks to share South African factory with GWM, report says
Representatives for GWM have presented a production proposal to South African officials, outlining the company’s interest in producing vehicles in the country.
The potential move follows Chery’s recent agreement to acquire a Nissan production facility in the country.
BYD sub-brand Linghui to also feature flash-charging tech
Linghui said in a teaser video that the Linghui e7 will be equipped with BYD’s latest flash-charging technology, enabling it to be nearly fully charged in 9 minutes.
The Linghui e7 is a sedan built on BYD’s existing Sealion 06 EV platform.
Geely Galaxy teases tech-hardcore SUV as global naming begins
Geely Galaxy has teased its first tech-hardcore SUV, designed to compete with luxury models such as the Land Rover Defender.
The off-road model is expected to hit the Chinese market later this year.
Zeekr 8X hybrid SUV set to start pre-sales on Mar 16 ahead of Q2 launch
Zeekr will hold a technology launch event on March 16 for the Zeekr 8X, its second hybrid model.
The new model, featuring a combined power output of over 1,000 kW, marks Zeekr’s further expansion into the premium PHEV market.
Nio sub-brand Onvo drops limited run for L60 Black Knight return
Onvo announced the relaunch of the L60 Black Knight edition, which will no longer be sold in limited quantities like it was last December.
The move aims to boost spring sales alongside new promotional policies after Onvo saw a decline in deliveries last month.
Xpeng to kick off VLA 2.0 test drives on Mar 11 as analysts see autonomous driving leap
Xpeng will open VLA 2.0 test drives across 732 stores in China starting March 11.
Analysts view the technology’s rollout as a key driver for Xpeng’s sales recovery.
Geely to unveil Galaxy M7 on Mar 13, targeting cost-effective hybrid market
Geely will unveil the Galaxy M7 mid-size plug-in hybrid SUV on March 13 to help regain the sub-brand’s strong sales momentum.
The first production M7 officially rolled off the assembly line on March 5, marking Geely Galaxy’s 2-millionth vehicle production milestone.
Huawei-backed Qijing names 1st EV GT7 ahead of Mar 17 debut
Qijing has officially named its first shooting brake coupe GT7, highlighting the model’s driving control and intelligent experience.
The GT7 is equipped with Huawei’s highest-specification 896-channel LiDAR technology, aiming to capture a share of China’s growing premium EV market.
WeRide, Geely unit to build 2,000 robotaxis in 2026 push
The upgraded GXR robotaxi is scheduled to officially roll off the production line in the third quarter of 2026.
Leveraging Geely Farizon’s manufacturing system, the production time for a single vehicle to roll off the line will be drastically reduced from 1 hour to under 10 minutes.
Nio’s smart driving usage surges in 1st full month after world model update
Nio’s smart driving mileage topped 200 million kilometers in February, jumping 81.5% from January.
The surge follows a major NWM software update in late January that introduced a more human-like driving experience.
