News

Global EV battery capacity is expanding at a pace far beyond market demand. According to S&P Global Mobility, by 2025 global capacity will reach 3,930 GWh, while demand is expected to be only 1,161 GWh — an oversupply of 3.4x. Even by 2030, supply is projected to remain at 2.4x demand. Market dynamics: Corporate strategy…

Chinese electric-vehicle giant BYD has risen to global prominence by selling affordable EVs at scale, but its push into North America has been stopped short—by tariffs, politics, and trade barriers. In the United States, BYD has no plans to introduce passenger cars. Executives say the economics simply don’t work: Chinese-made EVs face combined tariffs of…

The China Passenger Car Association (CPCA) just released new data: 🔎 What does this mean for the industry? 📈 The trajectory is clear: China’s EV industry is normalizing intelligent driving at scale, and this will reshape global competition in the next 3–5 years. 👉 The real question isn’t if L2+ becomes the global baseline —…

Xiaomi Corp. reported that its electric-vehicle division generated 20.6 billion yuan ($2.8 billion) in revenue in the second quarter of 2025, marking the first time the unit has surpassed the 20 billion yuan threshold. Including AI-driven innovation businesses, the segment contributed 21.3 billion yuan in total revenue. The division delivered a gross margin of 26.4%,…

Price starts at 235900 RMB Yuan. 🚘 AUDI E5 Sportback – Key Highlights 🔹 Brand Shift 🔹 Exterior & Design 🔹 Interior & Tech 🔹 Performance 🔹 Battery & Range 🔹 Launch & Market ✅ In short: The AUDI E5 Sportback marks a bold new era for Audi in China — dropping its century-old badge…

Even though the number of cars on the road keeps growing, industry reports show that the auto repair sector is facing multiple structural pressures: 1️⃣ New Energy Vehicles (NEVs) Disrupt Traditional Maintenance • NEVs now account for nearly half of new car sales, with much lower service frequency • Maintenance focuses on battery, motor, and…

Porsche just launched a new R&D center in Shanghai. BMW has built one of its largest R&D systems outside Germany – Right there in China. Mercedes-Benz is expanding its local teams. The trend is clear: Global carmakers are no longer just manufacturing in China – they’re innovating there. Why? 🔹 China offers the world’s largest…

At the launch event on June 26, Xiaomi’s Founder, Chairman, and CEO Lei Jun announced the pricing for the all-new Xiaomi YU7: – Standard Version: ¥253,500 (~$35,000)“10,000 RMB cheaper than the Tesla Model Y”– Pro Version: ¥279,900 (~$38,700)“Cheaper by ¥33,600”– Max Version: ¥329,900 (~$45,600) The bold pricing strategy wasn’t just talk. Within just 3 minutes,…

XPeng and Huawei have jointly launched a new-generation AR-HUD system, featuring full-stack integration from optical hardware to real-time AR rendering. This marks a significant milestone in China’s push toward smart cockpit engineering. 👉 key highlights: – Huawei’s in-house optical platform enables high-brightness, high-contrast display under various ambient lighting – Integrated AR navigation, IMI (Intelligent Man-Machine…

GAC Toyota (Guangzhou Auto – Toyota) is taking a significant step toward ecosystem-level smart mobility by formally integrating with Xiaomi’s “Human-Car-Home” platform. The upcoming bZ7 will be the first model to adopt this integration. 👉 From a technical standpoint, this collaboration introduces: • Open hardware ecosystem interfaces for third-party and Xiaomi-compatible devices • Native support…