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China NEV retail sales drop 11% year-on-year in first 24 days of May
NEVs continue to dominate China's passenger vehicle market, with retail penetration reaching 62.5% from May 1 to 24.
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Huawei-backed Aito launches updated M9 SUV to target premium buyers
The standard version of the new Aito M9 starts at 479,800 yuan ($70,760), while the special extended Ultimate edition starts at 649,800 yuan.
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Nio taps basketball legend Yao Ming as ES9 chief experience officer ahead of launch
Nio hopes to leverage the global influence of the NBA Hall of Famer to build momentum for its flagship SUV launching tonight.
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Nio highlights flagship ES9 SUV's safety features in national broadcast
Nio highlighted its technological prowess by putting the ES9 through multiple safety tests witnessed by China's state broadcaster CCTV.
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Xiaomi's EV business posts Q1 operating loss despite delivery growth
In the first quarter, Xiaomi's EV business saw an operating loss of 3.1 billion yuan ($460 million), dragged down by a product transition and the holiday period.
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Pony AI raises 2026 robotaxi revenue target to 3.5 times of 2025 level
Pony AI's first-quarter robotaxi revenue hit $8.6 million, surging 395.4% year-on-year.
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Analysts say aggressive pricing of GX boosts Xpeng's May orders to 50,000
Deutsche Bank expects Xpeng's total new orders this month to surge 40% from April, thanks to strong initial demand for the GX.
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Xiaomi EV introduces world model to advance autonomous driving tech
Xiaomi EV launched Xiaomi Auto World Model, becoming another automaker after Nio to embrace AI world models.
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Chinese EV truck startup Zeron raises $200 million in B2 round to fuel autonomous truck push
Zeron's cumulative sales in the first four months of 2026 reached five times the level of the same period last year.
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BYD launches 2026 Sealion 06 DM-i to strengthen plug-in hybrid lineup
The 2026 Sealion 06 DM-i SUV starts at 129,900 yuan ($19,140), featuring a combined range of up to 1,845 kilometers.









