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Category: CnEVPost
Nio to ramp up bet on AI in 2026, William Li says at internal meeting [Full Speech]

Nio will intensify its focus on AI in 2026 and encourages employees to deeply integrate AI usage.
In 2026, Nio’s non-automotive business revenue is projected to potentially exceed RMB 10 billion ($1.43 billion).
BYD Fang Cheng Bao reaches 300,000-unit sales milestone

The Tai 7 SUV, launched in September 2025, has achieved 100,000 units sold, contributing one-third of Fang Cheng Bao’s cumulative sales.
Fang Cheng Bao sold a record 50,868 vehicles in December.
Dongfeng initiates winter tests on prototype cars equipped with solid-state batteries

The prototype cars feature solid-state batteries with an energy density of 350 Wh/kg, doubling that of mainstream LFP battery cells.
Dongfeng claims this solid-state battery enables the vehicle to achieve a range exceeding 1,000 kilometers on a single charge.
Nio Onvo unveil special edition L60, launch set for this Friday

The special edition Onvo L60, themed around horses, appears designed to welcome the upcoming Chinese Lunar Year of the Horse.
Showroom models of the L60 special edition are now available at multiple Onvo stores.
Nio Firefly launches new limited-edition Firefly EV, capped at 99 units

The limited-edition Firefly EV was co-designed by Firefly and Dutch artist Jordy van den Nieuwendijk, priced 20% higher than the regular model.
It starts at RMB 95,800 ($13,750) under the BaaS plan, with a monthly battery rental fee of RMB 399.
VW’s Jetta brand launches new China entity, 1st model to debut this year

FAW Volkswagen Jetta commenced operations on Wednesday, granted greater market-oriented R&D autonomy and accelerated decision-making authority.
Its first NEV model will debut in the third quarter this year and launch in the fourth quarter.
Mercedes, BMW project tepid 2026 demand in China as domestic brands like Nio and Aito gain traction

Both Mercedes-Benz and BMW have provided 2026 demand forecasts to their Chinese supply chains, with projections falling back to sales levels seen a decade ago.
In contrast, China’s premium brands have set more aggressive sales targets, with Nio aiming for 40-50% sales growth in 2026.
Nio Onvo teams up with Chinese professional football club in marketing and brand awareness push

Onvo has become a partner of Shanghai Shenhua Football Club, and will provide mobility services during the 2026 Chinese Super League season.
Onvo delivered 9,154 vehicles in December, marking a 13.05% year-on-year decline.
China NEV retail sales in Jan 1-11 fall 38% year-on-year to 117,000 units

Additional vehicle purchase tax costs kicking in and the transition of trade-in subsidies are putting pressure on NEV sales at the start of the year.
From January 1 to 11, China’s total passenger vehicle retail sales came in at 328,000 units, down 32% year-on-year.
CAAM forecasts China NEV sales to grow 15.2% to 19 million units in 2026

The CAAM projects China’s overall passenger vehicle sales will reach 34.75 million units in 2026, representing a 1% year-on-year increase.
The CAAM forecasts China’s automotive exports in 2026 to reach 7.4 million units, a 4.3% year-on-year increase.
China NEV sales total 1.71 million units in Dec, bringing full-year 2025 sales to 16.49 million

China’s NEV sales grew 28.2% in 2025, outpacing the overall automotive market’s 9.4% growth.
In 2025, China exported 2.62 million NEVs, a 100% year-on-year increase.
Geely Galaxy to launch V900 extended-range MPV on Jan 20

The V900 extended-range MPV measures 5,360 mm in length and offers a range of up to 1,220 km on a full tank and fully charged battery.
Pre-sales for the V900 commenced on January 7, with a starting price of RMB 319,800 ($45,840).
CATL signs $17.2 billion lithium order as world’s largest EV battery maker secures key material supply

Ronbay will supply CATL with 3.05 million tons of LFP cathode material from the first quarter of 2026 through 2031.
CATL is also investing in another Chinese LFP material supplier, Fulin Precision Machining.
Huawei-backed Luxeed to launch 2 new models and update 2 existing ones this year

Luxeed will launch a new large SUV in 2026, in addition to the already announced V9 MPV.
Luxeed has begun considering international expansion, with the right-hand-drive version of the V9 MPV scheduled for release in the second half of 2026.
Nio vows to advance European operations following China-EU consensus

Nio said it is pleased to see China and the EU making steady progress toward consensus on the basis of mutual respect.
China and the EU have reached an agreement on price undertakings for Chinese BEV exports, marking significant progress toward replacing additional tariffs.
Svolt unveils ‘world’s largest capacity’ 80-kWh PHEV battery pack

The pack’s cells support peak charging rates of up to 6C, enabling a 10%-80% charge in under 10 minutes.
Svolt achieved its first quarterly profit in the fourth quarter 2025 and aims to realize full-year profitability in 2026.
Huawei-backed Aito reaches 1 million car production milestone, aims to build next million within 2 years

Aito took five years to build its first million vehicles and now targets completing the next million within two years.
Aito delivered its 270,000th M9 at a celebration ceremony on Tuesday.
Arcfox launches updated Kaola S electric SUV starting at $14,310

The updated Arcfox Kaola S features CATL’s LFP batteries with a 520-km range.
It will compete against compact EVs including BYD’s Yuan Plus, Chery’s iCar 03, and Volkswagen’s ID.3.
Buick to unveil Electra E7 plug-in hybrid SUV in China in Q1

The Buick Electra E7 measures 4,850 mm in length and offers a combined range exceeding 1,600 km on a full tank and fully charged battery.
The Electra E7 features LiDAR mounted on its roof and incorporates an advanced driver assistance system based on technology from Momenta.

