China's February power battery installations dropped 24.6% year-on-year to 26.3 GWh, impacted by the timing of the Chinese New Year holiday.

Li Auto will launch the new i9 pure electric flagship SUV in the second half of this year to enrich its BEV product matrix.

Li Auto targets a 20% sales increase in 2026, seeking to recover from an 18.8% drop in 2025 deliveries.

Tesla's retail sales in China surged in February amid broader market weakness, pushing its share in the BEV market to the highest since April 2024.

Exports of passenger NEVs from China surged 124.7% to 269,000 units, providing a strong bright spot for Chinese automakers.

Li Auto posted a fourth-quarter net income of 20.2 million yuan, but still recorded an operating loss of 442.6 million yuan.

Tesla showcased its third-generation humanoid robot at AWE 2026 and plans to launch mass production of the product by the end of 2026.

The move follows a similar recall by its sister brand Zeekr, as well as a recent settlement reached between a Geely subsidiary and a battery supplier.

Nio rolled out a 10,000 yuan ($1,450) Nebula Red color option for its flagship ES8 SUV to attract more buyers.

Zeron raised 1.2 billion yuan ($175 million) from investors including a CATL-affiliated fund, Nio Capital, and Momenta.