CATL's 2024 Performance Forecast and European Layout Dynamics
2025/01/23
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BYD Ocean Network First MPV Spied; More Traditional MPV Style, Launch by Year-End
Spy shots reveal BYD's first MPV for the Ocean Network, caught charging at a BYD ultra-fast charger. The front light signature clearly shows Ocean Network design language, though the overall profile differs significantly from the Ocean-V concept shown at the 2026 Beijing Auto Show, leaning toward a more traditional MPV style. Equipment includes a large grille, conventional door handles and a roof-mounted LiDAR. The Ocean-V concept was a five-seat MPV featuring a sliding center screen, 180-degree rotating seats, auto-retracting steering wheel, front-row screen extension, hidden tables and one-key bed mode – whether these carry over to the production model remains to be seen. Expected launch by year-end.
BYD Increases Investment in Brazilian EV Factory to BRL 5.5 Billion
BYD has announced an increase in investment for its Brazilian EV factory from BRL 3 billion to BRL 5.5 billion. The facility, located in the Salvador metropolitan area of Bahia state, is set to have an initial production capacity of 150,000 units annually, manufacturing both electric and hybrid vehicles. Expected to commence operations within the year, BYD's commitment also includes the construction of five residential buildings for 4,230 employees, highlighting the company's long-term dedication and support for sustainable development in Brazil.
Changan Auto Unveils Three NEV Brands at 2026 Paris Motor Show, Completing Full European Lineup Layout
At the 2026 Paris Motor Show kicking off on Oct 12, Changan Auto presented all three digital intelligent NEV brands alongside homegrown core technologies including Blue Whale Hybrid, TianShu Intelligent System and Golden Shield Battery. With total European investment of 1.18 billion euros, Changan will build 180,000 units local production capacity by 2028, completing strategic upgrade from product export to localized industrial rooting.
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Geely Releases Official Images of New Emgrand Upward Series with Larger Central Control Screen
Geely has released official images of the new Emgrand Upward Series, a compact family sedan with refined exterior details and upgraded larger central control screen. It retains the 1.5L NA engine paired with 5MT and CVT transmissions, targeting the cost-effective entry-level family car segment with a previous limited-time price range of RMB 55,900-64,900.
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FAW Bestune Pony Five-Seat Version Official Images Released; 350mm Longer, 262mm Longer Wheelbase
FAW Bestune's Pony micro car five-seat version official images released, retaining the current model's small boxy body with sharp lines. Dimensions are 3,350×1,540×1,600mm with a 2,215mm wheelbase, adding 350mm, 30mm and 262mm respectively compared to the two-door version for more cabin space and easier rear access. Launch by end of October. Power specs unrevealed; the two-door reference offers a 41HP permanent magnet synchronous rear motor with 90Nm peak torque and a CATL battery pack.
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QCraft Showcases Urban NOA Solution at 2026 Paris Motor Show; Over 1 Million Units Deployed
QCraft showcased its urban NOA solution at the 2026 Paris Motor Show on October 12, revealing Paris urban road testing results and offering test rides to European automakers and partners. The solution uses 11 cameras and 1 LiDAR with a one-piece end-to-end technical approach, supporting highway and urban NOA, with completed multi-scenario testing on Paris urban roads and highways. Based on a "world model + reinforcement learning" physical AI architecture with interpretable end-to-end technology. Cumulative deployments exceed 1 million units across 40+ cooperative models, with AEB false trigger rate below 1 per 500,000 km. Established European headquarters in Munich, Germany, and partnered with Qualcomm in 2025 on ADAS solutions. Next steps require meeting European road traffic regulations, functional safety and homologation requirements for mass production.