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Changan Qiyuan Q07 Laser Edition Price Increased by RMB 3,000 Amid Chip Cost Surge
Changan has raised the price of its Qiyuan Q07 Tianshu Intelligent Laser Edition by RMB 3,000 for vehicles produced after May 7, 2026, citing increased costs of automotive-grade DDR5 and Journey 6M chips. The move affects three high-end trims and signals potential broader pricing impacts across intelligent EVs.
UCAR Rents Adds 10,000 More Tank 300s to Its Fleet
UCAR Rents has ordered an additional 10,000 Tank 300 rugged SUVs from Great Wall Motor, bringing its total fleet to over 24,000 units. The move underscores the vehicle’s popularity in China’s booming self-drive tourism market and is expected to generate RMB 2 billion in revenue.
Fangchengbao Bao 7 EV Flash Charge Edition Launched
Fangchengbao has launched the all-electric Bao 7 Flash Charge Edition, starting at RMB 199,800. Featuring up to 755 km CLTC range and 10–70% charge in just 5 minutes, it completes the Bao 7 family alongside its best-selling hybrid variants.
BYD April Sales Reach 321,100 Units as Overseas Deliveries Surge 70.9% Year-on-Year
BYD delivered 321,123 new energy vehicles in April 2026, including a record 134,542 units exported internationally—a 70.9% year-on-year increase. Strong performances across its Dynasty, Ocean, Denza, Fangchengbao, and Yangwang brands drove cumulative YTD sales past one million units.
TAILG Ignites Anime Convention Season with Dual-Expo Campaign
Chinese EV brand TAILG debuted custom 'itasha' versions of its top models at major anime expos in Nanjing and Chongqing, merging electric mobility with Gen-Z pop culture through PUBG Mobile and kawaii aesthetics. The campaign drove engagement via test rides, cosplayer parades, and exclusive merch like capybara plush toys.
Hyundai Grandeur Mid-Cycle Refresh Unveiled
Hyundai unveils the refreshed 2027 Grandeur flagship sedan, featuring a 5,050 mm body, 17-inch Android-powered touchscreen, and premium design cues like frameless headlights and Art Burgundy paint. Positioned to rival Genesis-level luxury, it targets global markets from 2027.
ZhiJia New Journey Rebrands and Sets Sail with Global EV Ambitions
Formerly ZhiJia Continental, ZhiJia New Journey rebrands at the 2026 Beijing Auto Show with a mission to democratize intelligent driving. Backed by Horizon Robotics and OmniVista Group, the company plans to launch over 30 EV models—including passenger cars, two-wheelers, and autonomous logistics vehicles—within 24 months, offering urban NOA in vehicles as low as RMB 100,000.
MG4 Launches 2026 Model to Kick Off the Battle for Technology Democratization
The 2026 MG4 launches at a starting price of RMB 65,800, bringing semi-solid-state batteries, highway NOA, and over 437 km of range to the sub-RMB 100,000 EV segment. With strong sales momentum and new models like the MG 4X SUV on the horizon, MG aims to make advanced EV tech accessible to younger buyers.
Multiple New EV Brands Surpass 30,000 Deliveries in April
In April 2026, several new energy vehicle (NEV) brands—including Xiaomi, XPeng, and Li Auto—each surpassed 30,000 deliveries, while BYD continued its dominance with over 314,000 units sold. Mid-tier brands like IM Motors and Voyah also broke the 10,000-unit mark, signaling robust growth across China’s EV market.
BYD Raises Optional Pricing for God's Eye B LiDAR System Amid Chip Cost Surge
BYD has raised the optional price of its God's Eye B LiDAR advanced driver assistance system from RMB 9,900 to RMB 12,000 effective May 1, 2026, citing rising memory chip costs. The system, now deployed across Dynasty, Ocean, and Fangchengbao models, adds urban navigation pilot capabilities and contributes to BYD’s fleet generating 180 million km of daily real-world driving data.
The Extended-Range EV Segment Enters Fierce Red Ocean Competition
Once dominated by Chinese brands like Li Auto and Aito, the extended-range EV market is now a fiercely contested red ocean as joint ventures such as Volkswagen enter with aggressive model launches. With sales projected to reach 1.23 million units in 2025, automakers must leverage technology, cost efficiency, and user ecosystems to survive.
Ji Yue Auto's Substantive Consolidation Restructuring of Six Affiliated Entities Accepted by Court
The Shanghai No.3 Intermediate People’s Court has accepted Ji Yue Auto’s application for substantive consolidation restructuring of six affiliated companies, transitioning the EV startup from pre-restructuring to judicial proceedings. The move aims to preserve enterprise value and attract strategic investment, with a Dubai-based tech firm already expressing interest.