Seres to Launch ‘Saidou’ EV Brand on June 9, First Crossover Model Coming in 2026 With ByteDance AI Integration
Seres is set to unveil a new energy vehicle brand called “Saidou” on June 9, according to multiple sources. The…
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China EV Price Cuts Average 9.6% in May, Below Broader Market Decline
Latest data released by CPCA Secretary General Cui Dongshu shows that the average price of discounted new-energy vehicles (NEVs) in…
China NEV Penetration Hits 62.9% in May, Export Share Smashes Record 54%
The China Passenger Car Association(CPCA) said China’s passenger-car market remained under pressure in May, with domestic demand staying weak while…
China’s May NEV penetration hits record high despite continued retail sales decline
China’s retail penetration rate for new energy vehicles (NEVs) surged to a record high of 62.9% in May. This milestone…
Chinese automakers explore cross-border leasing for global growth
As Chinese automakers face increasing trade barriers in international markets – ranging from high import tariffs to strict local content…
“Tiktok Car” dead: ByteDance denies car launch with Huawei-affiliated Seres Group
ByteDance, parent of TikTok, denied plans to launch a car with Seres Group, the automaker behind AITO. The statement emphasised…
Toyota Unveils the Ultimate GRMN Corolla: A Nürburgring-Ready Track Weapon
Toyota has officially unveiled the GRMN Corolla, a track-focused evolution of the GR Corolla designed specifically to handle the rigors…
GAC Enters Spain With Locally Assembled Aion V, Aion UT
On June 4, GAC officially entered the Spanish market, with local automotive importer Grupo Invicta responsible for nationwide distribution, sales,…
2026 Shenzhen Auto Show closes, next edition set to begin on June 5, 2027
Following the conclusion of the 2026 Beijing Auto Show last month, another major automotive industry event in southern China has…
China EV Price Cuts Average 9.6% in May, Below Broader Market Decline
Latest data released by CPCA Secretary General Cui Dongshu shows that the average price of discounted new-energy vehicles (NEVs) in…