Recently, the China Chemical and Physical Power Supply Industry Association released a proposal 📜 – Urging lithium iron phosphate (LFP) material producers to reject malicious price competition and protect market order. 👉 To me, this move is significant. LFP has become the backbone of China’s EV battery boom — cheaper, safer, and more scalable than…
Month: September 2025
WM Motor’s Second Act: Can the EV Startup Rise Again?
Once a rising star in China’s EV boom, 威马汽车 (WM Motor) fell into crisis as funding dried up and factories went idle. Many thought it was finished. But on Sept. 6, new investors announced a court-approved restructuring and a bold revival roadmap: 🔹 Phase 1 (2025–2026): Restart EX5/E5 models, aim for 100,000 units/year, expand to…
China’s automakers are finding smart new routes to go global
China’s automakers are finding smart new routes to go global. Instead of exporting directly, they’re using an “indirect export” strategy: ✅ BYD leverages Thailand as a springboard into Europe, especially for right hand drive countries. ✅ Others tap Hong Kong’s financial openness, logistics, and trade networks to reach the world. It’s not just about cars…
China has just released its Automotive Industry Steady Growth Plan
China has just released its Automotive Industry Steady Growth Plan (2025–2026), outlining ambitious targets and detailed measures to sustain momentum in the world’s largest car market. 🔹 Key 2025 Targets • Total vehicle sales: ~32.3 million units (+3% YoY)• NEV (New Energy Vehicles) sales: ~15.5 million units (+20% YoY)• Auto exports: steady growth• Manufacturing added…