Detail

Kang Bo, vice president of SERES Group, said at the World Economic Forum Annual Meeting that SERES is committed to its cooperation with Huawei. The Wenjie M8 has been launched, and more new models will be introduced in the future. Kang Bo predicted that the market share of hybrid vehicles will increase. Lei Jun, chairman of Xiaomi Group, said that the delivery volume of Xiaomi SU7 in December 2024 exceeded that of Model 3. NIO has formed a team to research and develop the quadruped robot project. The person in charge, Xu Kang, was an algorithm expert at Momenta. The sales channel layout of the Zunjie S800, a product of the cooperation between Huawei and Jianghuai Automobile, has made progress. The confident model of Great Wall's high - end brand is expected to be launched within 2025, possibly equipped with a 4.0T V8 hybrid system. Nissan announced the construction of a new lithium iron phosphate battery factory in Kitakyushu, with a planned start of production in 2028. CATL released its 2024 performance forecast, with net profit expected to increase by 11.06% to 20.12% year - on - year. Hesai Technology has won the mass production orders for lidar from Dongfeng Motor and Chery Automobile. Luxshare Precision Industry (Henan) Co., Ltd. has been established, with its business scope including the research and development of auto parts. Automobile stocks in the Hong Kong stock market fluctuated and declined, with NIO falling nearly 6%. From January 1st to 19th, the retail sales of the passenger car market decreased by 5% year - on - year, while the retail sales of the new energy market increased by 26% year - on - year. In 2024, the production of new energy vehicles in Beijing was approximately 300,000 units, an increase of nearly three times. Fujian Province has expanded the support scope for vehicle scrapping and renewal, with a maximum subsidy of 20,000 yuan.

Hyundai will unveil the production IONIQ 3 in April 2026. The compact electric SUV rides on the E-GMP 400V platform, sporting a closed grille, split LED light strips and a fast-back tail with integrated spoiler; a high-performance IONIQ 3 N is slated for 2027.

BMW released the 2026 iX1 compact electric SUV: four trims priced ¥228-268k, X-Line and M Sport packs carried over. The facelift keeps rhombus-filled kidney grilles, L-shape air curtains and 4616×1845×1641mm body on 2802mm wheelbase, adding half-flush handles and five-spoke wheels for sharper looks.

BMW will unveil the long-wheelbase iX3 at April’s Beijing Auto Show and launch it later this year. Inspired by the VNKX concept, the EV features vertical “Angel Wing” kidney grilles and pairs China-specific Momenta door-to-door pilot assist with a BMW-exclusive large-language model co-developed by Alibaba for enhanced local AI interaction.

MITI’s Jan 2 update confirms that from Jan 1, 2026, any CBU BEV not approved before Dec 31, 2025—regardless of brand presence—must retail for ≥ RM250k and deliver ≥ 200 kW (≈268 PS); models granted AP in 2023-2025 keep the RM100k floor. Import-duty exemption ended Dec 31, 2025, restoring 30% import + 10% excise duty and raising prices ~15%. CKD remains tax-free until end-2027, prompting BYD, Leapmotor, Xpeng et al. to accelerate local assembly plans, while Tesla has yet to confirm a Malaysian plant.

The Geely EX2—sold as the Proton eMas 5 in Malaysia—has gone on sale in Indonesia as a CKD model with 46.5% local content. A 40.8 kWh LFP battery assembled by Gotion supplies 395 km NEDC range. Prices start at IDR 229.9 million (≈RM54.6k) for the Pro and IDR 259.9 million (≈RM62.1k) for the Max, both undercutting Malaysian equivalents. A 116 PS/150 Nm rear motor delivers 11.5 s 0-100 km/h; LED headlamps are standard and the Max adds a power driver’s seat. Gotion is also in talks to build a plant in Johor, potentially future-proofing Malaysian assembly.