Tag: China Market

Xiaomi Sets Ambitious EV Delivery Goals for 2026
Industry & Business, News

Xiaomi Sets Ambitious EV Delivery Goals for 2026

Xiaomi, the tech giant now venturing into electric vehicles (EVs), announced ambitious plans to deliver 550,000 cars in 2026. This represents a near-34% growth from over 410,000 units delivered last year.Key TakeawaysXiaomi targets delivering nearly half a million EVs in 2026, up by about 34%The company aims to introduce four new models this year including refreshed versions of the SU7 sedan and YU7 SUVBy expanding its lineup and achieving early success with existing vehicles, Xiaomi is positioning itself as a major player in China's EV marketXiaomi's 2026 goal comes after it surpassed its target for last year of delivering over 415,000 cars. The company achieved this milestone ahead of schedule and aims to build on that success with new models.The tech firm plans four vehicle launches in ...
Tesla China’s Delivery Centers Overflowing with Vehicles for Year-End Push
EV & Electric Cars, News

Tesla China’s Delivery Centers Overflowing with Vehicles for Year-End Push

<a href="https://autoglobalnews.com/cox-automotive-predicts-sharp-decline-in-tesla-s-us-sales-for-2025/" style="color:#1a73e8;text-decoration:underline;" title="Cox Automotive Predicts Sharp Decline in Tesla’s US Sa">Tesla’s delivery centers in China are bustling as the year comes to a close, brimming with Model Y and Model 3 vehicles awaiting new owners. Rows of cars fill up spaces at these locations, some even decorated with red bows and teddy bears.Key TakeawaysTesla China's delivery centers are packed with vehicles for year-end sales push.The Model Y led the RMB 200,000-300,000 segment in EV sales from January to November this year.Despite premium pricing, Tesla’s demand remains strong compared to competitors like Xiaomi and YU7.Tesla's delivery centers are crammed with Mode...
Porsche and Volkswagen Dealerships Face Challenges in China
Industry & Business, News

Porsche and Volkswagen Dealerships Face Challenges in China

Empty showrooms, delayed deposits, and operational suspensions are hitting Porsche and Volkswagen dealerships across central and southwestern parts of China. The Beijing Shijingshan Porsche Center is expected to close soon due to these issues.Key TakeawaysPorsche deliveries in China fell 26% year-over-year, dropping from a peak of 95,000 vehicles in 2021 to just under 32,200 units by Q3 2025.The affected dealerships are owned and operated by Dong'an Holdings, which has put all employees on leave while addressing customer deposits.Porsche China issued a public apology for the situation and is cooperating with police to protect consumer rights.Local media reports show that some Porsche centers in Zhengzhou and Guiyang are now empty. Vehicles were removed overnight, leaving behind bare showro...
Volkswagen’s Comeback in China: A New Chapter for the Auto Giant
News

Volkswagen’s Comeback in China: A New Chapter for the Auto Giant

After years of struggle and setbacks, Volkswagen is making a bold move to reclaim its position as one of China’s leading automakers. The company has opened a new development center outside Europe, partnering with local firm SAIC to cater specifically to Chinese tastes.Key TakeawaysVolkswagen's first non-European R&D facility in Shanghai signals its commitment to the China market.The company is focusing on developing extended-range EVs and full-size sedans for Chinese customers.New models will combine advanced technology with traditional luxury features, appealing directly to local preferences.Volkswagen's decision to establish a dedicated R&D center in Shanghai marks the automaker’s renewed focus on China. The facility aims to bridge cultural and technological gaps between Western ...
Zeekr 9S Plug-In Hybrid SUV to Launch in China Next Year for $64k
EV & Electric Cars, News, SUV & Crossovers

Zeekr 9S Plug-In Hybrid SUV to Launch in China Next Year for $64k

The Zeekr brand, known for its luxury electric vehicles, is set to expand into the plug-in hybrid market with the upcoming launch of their new model: the sleek and sporty 9S crossover. Set to debut early next year at a price point around $64,025 (450,000 yuan), this SUV promises to be an exciting addition for car enthusiasts in China.Key TakeawaysThe Zeekr 9S will launch as a smaller and sportier variant of the flagship 9X, positioning itself within reach of more luxury-seeking buyers.Priced at around $64k (450,000 yuan), this model is expected to offer an impressive performance with its turbocharged engine paired with two electric motors for a combined output of 885 hp.The Zeekr 9S will feature advanced design elements and technology such as dual-chamber air suspension and active anti-rol...
Electrification in China: A New Era of Automotive Standards
EV & Electric Cars, News

Electrification in China: A New Era of Automotive Standards

As I attended presentations from XPENG and mingled with automotive enthusiasts, it became clear that the conversation around electric vehicles (EVs) is evolving. In markets like Norway and major Chinese cities, EV adoption has reached such high levels that being an all-electric vehicle isn't a selling point anymore; it's just expected.Key TakeawaysThe electrification of vehicles is no longer a novelty but the norm in leading markets like China and Norway.Automakers must innovate beyond EV status to stand out, focusing on technology and performance enhancements.Innovations such as advanced battery tech and autonomous driving features are becoming crucial differentiators for car manufacturers.China's automotive market is rapidly shifting towards electrification. In cities like Guangzhou, the...
Tesla Model Y L Delivery Delayed Until February 2026 in China
EV & Electric Cars, News

Tesla Model Y L Delivery Delayed Until February 2026 in China

Are you a Tesla enthusiast eagerly waiting for your custom-built Model Y L? Well, buckle up because it looks like the wait is getting longer. As of December 5th, 2025, delivery times have been pushed to as late as February 2026.Key TakeawaysTesla's Model Y L in China now has a wait time until Feb. 2026.The company is encouraging customers to buy from inventory for quicker delivery.New energy vehicle tax exemptions will expire soon, raising costs next year.While the base model and other five-seat variants of the Model Y won't be delivered until January or February 2026, there's still hope if you want your car sooner. Tesla is telling customers to look at in-stock vehicles for immediate delivery options before the end of this year.The company’s Shanghai factory churned out a whopping 86,700 ...
Zeekr 9X Orders Resold for Up to $17,000 Due to High Demand and Long Wait Times
EV & Electric Cars, News

Zeekr 9X Orders Resold for Up to $17,000 Due to High Demand and Long Wait Times

The Zeekr 9X has become the latest victim of China's hot EV market as scalpers flip preorder allocations on Xianyu for up to US$17,000. With delivery times stretching out well beyond initial estimates, some buyers are paying a premium just to shorten their wait.Key TakeawaysZeekr 9X preorder allocations sell for up to $17,000 on Xianyu due to high demand and long delivery windowsOriginal buyers face wait times of up to 26 weeks as production struggles to meet ordersThe resale market has seen similar activity with other luxury EVs like the Xiaomi YU7 and Aito M9Zeekr, a relatively new entrant in China's crowded electric vehicle (EV) sector, is experiencing issues typical of a brand that's gaining traction too quickly. The 9X, which launched in September 2025 with a starting price tag of $66...
BMW Unveils Next-gen iX3 for China, Set to Launch in 2026
Industry & Business, News, SUV & Crossovers

BMW Unveils Next-gen iX3 for China, Set to Launch in 2026

German automaker BMW is set to launch the next-generation iX3 electric vehicle exclusively in China by mid-2026. The new model features a longer wheelbase and advanced technology tailored specifically for Chinese drivers.Key TakeawaysBMW's 2026 iX3 will have an extended wheelbase, adding over 100 millimeters to rear legroom compared to the current model.The vehicle includes a high-voltage architecture and large cylindrical battery cells for improved range.Chinese tech partners like Alibaba and Momenta contribute software and autonomous driving systems.BMW's next-generation iX3 will ride on an extended wheelbase, increasing rear legroom by more than 100 millimeters. This change is designed to cater to Chinese consumers who prioritize comfort for passengers in the back seat. The vehicle also...
Xiaomi EVs Surge Past Half a Million Sales in Less Than Two Years
EV & Electric Cars, News

Xiaomi EVs Surge Past Half a Million Sales in Less Than Two Years

Xiaomi Auto has reached an impressive milestone, delivering over half a million electric vehicles (EVs) since April 2024. The company's November sales crossed the 40,000 mark, putting them well ahead of their original yearly goal.Key TakeawaysXiaomi has delivered over half a million EVs in just under two years since April 2024The company's November sales exceeded 40,000 units and surpassed its annual target of 350,000 vehicles for the year.YU7 Max is now available with a carbon-fiber exterior option priced at approximately 362,900 yuan (USD $51,050).The automaker's SU7 sedan and YU7 SUV continue to dominate sales in China’s EV market. The latest data from the China Passenger Car Association shows that Xiaomi recorded over 48,000 retail sales of new-energy passenger vehicles in October alon...