Micro and Small Electric Vehicle Market Enters a Phase of Differentiated Transformation, New Entrants Face Opportunities
2024/05/16
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212 T01 60th Anniversary Edition Interior Revealed with Two-Tone Design and Exclusive Embroidery
The 212 T01 60th Anniversary Edition interior features a two-tone design with exclusive embroidery. Exterior adds commemorative graphics and soft-top. Dimensions are 4705/1895/1936mm with a 2860mm wheelbase, 40° approach and 36° departure angles. The 185kW 2.0T engine pairs with an 8AT, part-time 4WD, optional diff locks and OFFROAD mode, blending rugged capability with modern tech.
Fang Cheng Bao "Magnesium 9" Spy Shots: 2026 Slip-back Electric Coupe with LiDAR
Fang Cheng Bao's first sedan, codenamed "Magnesium 9", is set for a 2026 launch. The coupe-style EV features a closed grille, oval headlights, slip-back roof and hidden handles, plus a roof-mounted LiDAR for advanced ADAS. Dual powertrains—pure electric and DMO PHEV—are expected, with an estimated price range of RMB 200-300k, positioning it against rivals like the Xiaomi SU7 and Zeekr 001 .
All-new Audi Q5L set for Jan 15 launch on PPC platform with Huawei ADS
The next-gen Audi Q5L will likely debut on 15 January, priced RMB 313-385k in pre-sales. Built on Audi’s new PPC premium combustion platform, it brings full exterior/interior/powertrain upgrades and debuts Huawei ADAS. Star-matrix HD matrix lamps offer 16-segment high-beam control, while blacked-out honeycomb grille and five color options underscore its sporty premium positioning.
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Baojun Huajing S to Launch in H1 2026 with Standard Huawei ADS 4 Pro
The Baojun Huajing S, a six-seat full-size SUV co-developed with Huawei on the Tianyu L architecture, will hit the market in H1 2026. Standard Huawei ADS 4 Pro, HarmonySpace 5 cockpit and IVCS cloud services, plus in-cabin LiDAR vision Limera, deliver L2+ autonomy and seamless connectivity. Signature halo lighting and trapezoid grille remain, with subtle refinements for a more premium stance.
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FAW Invests RMB 3.74 B for 5 % Stake in Leapmotor, Joint Overseas Model to Hit 2026
On 28 Dec, Leapmotor signed a subscription agreement with FAW Equity Investment, issuing 74.8 mln domestic shares at RMB 50.03 each—an 11 % premium—to raise RMB 3.74 bln. Half fuels R&D, 25 % supports operations and 25 % expands sales network. FAW will hold 5 % equity; their first co-developed overseas model is scheduled for mass production and export in H2 2026.
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NIO to Complete 2 700-km Yunnan–Tibet Battery-Swap Corridor on Jan 1, Total Stations Hit 3 654
NIO confirmed on 29 Dec that the Deqen Meili Snow Mountain swap station will go live on 1 Jan, completing a 2 700-km Yunnan–Tibet corridor with 19 stations. The network now totals 3 654 swap stations and 27 642 chargers, having performed 96 million swaps. In Nov 2025 the group delivered 36 275 vehicles, up 76.3 % YoY: 18 393 NIO, 11 794 Onvo and 6 088 Firefly.