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…
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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…
Why Is the Auto Repair Industry Getting Tougher in China?
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…
Why Are Global Carmakers Rushing to Build R&D Centers in China?
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…
Wow, Xiaomi Just Shook Up the EV Market – Again
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,…