In a year marred by product recalls and investor doubts, Xiaomi founder Lei Jun took the stage on Sept. 25 for his sixth annual speech, hoping to reset the narrative. Under the banner “Change” Lei cast the company as moving beyond its internet-era roots and into what he called a “hard-tech” future -while also urging…
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China Pushes Back Against LFP Price Wars
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…
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…
EV Battery Industry: Oversupply Risks and Strategic Shifts
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…
BYD Hits a Wall in North America’s Passenger Car Market
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…
Smart Driving Is Becoming the Norm in China’s EV Market
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’s EV Business Breaks $2.8 Billion in Quarterly Revenue, Challenging Rivals
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%,…
AUDI E5 Sportback: the First Audi without the Four Rings Starts Pre-sale
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…