globalchinaev

CPCA sees 2026 China car retail sinking to 18.5 million, below the 2020 low

CPCA expects China's passenger car retail to fall to 18.5 million in 2026 from 23.74 million, below 2020's 19.29 million, ...
globalchinaev

Xiaomi to pay 1.7 billion CNY for 5.34% of Sunwoda EVB, set to end Sunwoda's control

Xiaomi plans to invest 1.7 billion CNY in Sunwoda's EV battery unit for a 5.34% stake. Sunwoda would fall to 22.78% and lose ...
globalchinaev

BYD Q3 profit climbs 28% as exports hit 550,704, but falls short of forecasts

BYD earned 10.02 billion CNY in Q3 2026, up 28.08%, as exports hit 550,704 vehicles, about 42% of sales. The result missed ...
globalchinaev

Volvo turns to Geely for six China-only cars as China revenue nearly halves

Volvo's China revenue fell to SEK 7.5 billion in Q3 from SEK 14.1 billion. It will cut 2,500 jobs, build six China-tailored ...