Nio recorded 146,649 battery swaps on February 15, setting a new all-time high.
February 15 marked the first day of China’s 2026 Spring Festival holiday, which runs through February 23.
Author: cnevpost
Mercedes recalls 19,481 EVs in China due to battery fire risk
Beijing Benz is recalling 19,481 locally produced EQA and EQB vehicles to replace their high-voltage batteries.
The recall campaign is being conducted under SAMR’s defect investigation.
Automakers’ share in China NEV market in Jan: BYD leads with 15.8%, Tesla again falls out of top 10
BYD narrowly retained its position as China’s largest NEV maker by retail sales, though its lead over Geely was only 0.3 percentage points.
Tesla’s January retail sales in China were the lowest since November 2022, partly due to a significant surge in exports from its Shanghai factory.
Ford CEO discussed potential roadmap for Sino-US joint manufacturing with US officials, report says
A rough framework would allow Chinese automakers to produce vehicles in the US through joint ventures with American automakers, Bloomberg reported.
This mirrors the strategy China’s auto industry employed decades ago when it was just starting out, highlighting the rapid rise of Chinese automakers.
CATL added to Hong Kong’s Hang Seng Index; WeRide, Pony AI join Hang Seng Composite Index
CATL was listed in Hong Kong on May 20, 2025, and has since risen 75% cumulatively, with a market capitalization of HK$2.36 trillion ($302 billion).
WeRide and Pony AI were included in the Hang Seng Composite Index, while Horizon Robotics was included in the Hang Seng China Enterprises Index.
Li Auto’s self-driving head to leave after brief role in humanoid robot effort, report says
Li Auto’s autonomous driving architect Lang Xianpeng is set to depart after transitioning to lead the company’s humanoid robot unit two weeks ago.
Lang was one of the primary contributors to Li Auto’s advancement from mid-tier to industry-leading capabilities in smart driving.
Nio’s battery asset operator Mirattery secures $145 million in latest C3 financing round
Mirattery brought in two new state-owned enterprise shareholders from Hefei in the new funding, expanding its Series C financing to nearly RMB 2 billion.
This marks a further expansion of Mirattery’s Series C financing following its December expansion.
Voyah to make Hong Kong stock market debut on Mar 19
Voyah turned a profit in 2025, reporting net income of RMB 1.02 billion.
Voyah’s stock code is 7489, and it will list in Hong Kong via an introductory listing.
Xiaomi EV reaches 600,000 vehicle delivery milestone in 22 months
Xiaomi EV aims to deliver 550,000 vehicles in 2026, following 411,837 deliveries in 2025.
Xiaomi EV commenced pre-sales for the updated SU7 on January 7, with the official launch scheduled for April.
Xiaomi EV delivers 39,002 vehicles in Jan, with YU7 contributing 97%
Xiaomi EV’s January deliveries rose 70.34% year-on-year, though down 22.33% from December.
SU7 deliveries fell to their lowest level since launch, as the sedan is set for an update in April.
BYD Song ranks as China’s top-selling model by wholesale volume in Jan
Tesla Model Y came in fourth with wholesale sales of 38,916 units.
Among the 17 models exceeding 20,000 wholesale units in January, 13 were NEVs.
Tesla Jan deliveries in China decline 45% while Shanghai plant exports surge 71%
Tesla’s January retail sales in China fell to their lowest level since November 2022, while exports from its Shanghai factory hit the second highest on record.
China’s January NEV retail sales totaled 596,000 units, down 20% year-on-year.
China Jan NEV retail sales down 20% year-on-year, 1st drop in 2 years
The combination of the seasonal slowdown at the start of the year and reduced policy support has impacted China’s NEV sales.
BEV retail sales in January were 348,000 units, a 17% year-on-year decrease, marking the first year-on-year decline since March 2024.
China NEV retail sales in Feb 1-8 rise 42% year-on-year due to last year’s low base
The 2025 Spring Festival holiday ran from January 28 to February 4, while this year’s holiday period falls from February 15 to 23.
Year-to-date cumulative retail sales of NEVs in China totaled 715,000 units, down 14% year-on-year.
Top battery makers’ market share in China in Jan 2026: CATL 49.79%, BYD 17.43%
CATL’s domestic battery installations in China totaled 20.91 GWh in January, ranking first in the overall market, LFP battery segment, and ternary battery segment.
BYD’s domestic battery installations in January in China totaled 7.32 GWh, ranking second in the overall battery market with a 17.43% share.
China EV battery installations rise 8.4% year-on-year to 42 GWh in Jan
LFP batteries maintained their dominant position, accounting for 32.7 GWh of installations in January — 77.7% of the total.
China’s power battery exports in January were 17.7 GWh, a 59.3% year-on-year increase.
China Jan NEV sales stay flat year-on-year as exports remain strong
Domestic NEV sales in China fell 18.9% year-on-year in January, while NEV exports doubled to a record high.
China’s total vehicle wholesale sales totaled 2.346 million units in January, down 3.2% year-on-year.
Nio’s battery asset operator Mirattery issues $72.5 million REITs in new securitization effort
By the end of January, Mirattery’s battery assets under management had surpassed 40 GWh.
This marks the world’s first hold-type power battery REITs, representing a pivotal step in Mirattery’s power battery asset securitization strategy.
Geely ride-hailing unit Cao Cao’s robotaxi fleet reaches 100 vehicles, targeting 100,000 by 2030
Cao Cao’s 100th robotaxi enters service in Hangzhou, marking a key step in its Robotaxi 2.0 phase.
Cao Cao will extend the daily service hours of its robotaxis and expand its service coverage.
China FAW begins fitting semi-solid-state batteries into prototype cars, delivering over 1,000 km range
The battery cells achieve an energy density exceeding 500 Wh/kg, with the battery pack capacity reaching 142 kWh.
The battery is undergoing iterative upgrades, with potential to achieve a pack capacity exceeding 200 kWh, delivering a range of over 1,600 km.
