According to Cailian News, Li Bin, founder and chairman of NIO, stated that the price increases of memory storage and other raw materials have raised the cost of premium new-energy vehicles by RMB 3,000 to 5,000 per vehicle, totaling nearly RMB 10,000. NIO’s current system can absorb the pressure from these cost increases, and the company currently has no plans to adjust prices.

According to the Shanghai Securities News, on March 11, Tesla China announced that, according to the latest statistics, the Tesla Shanghai Gigafactory’s delivery volume in February 2026 reached 58,600 units, representing a significant year-on-year growth of 91% compared to February 2025. Among these, the Model Y ranked first in domestic passenger vehicle wholesale sales volume for February.

On March 11, BYD Company Limited officially joined the International Automotive Task Force (IATF). BYD Group has become a new member of IATF AISBL.

According to the data from the China Association of Automobile Manufacturers (CAAM), in February, the production and sales of new energy vehicles (NEVs) were 694,000 and 765,000 units respectively, representing year-on-year decreases of 21.8% and 14.2%. The sales of NEVs accounted for 42.4% of the total new car sales.

People’s Financial News, March 11: Tianqi Materials (002709.SZ) stated at its earnings briefing that its customers are primarily leading battery manufacturers, and its product pricing mechanism is relatively stable. Recently, the company’s electrolyte product prices have remained relatively steady; thus, fluctuations in the spot market price of lithium hexafluorophosphate have limited impact on the company overall. Currently, operating rates among industry-leading manufacturers remain high. Going forward, supply-demand dynamics in the market will determine the price trend of lithium hexafluorophosphate, and changes in lithium carbonate costs can be smoothly passed through.

In March 2026, China’s lithium battery industry exhibited a “strong off-season” phenomenon, with production capacity utilization increasing by 11%–22% month-on-month. Rising prices of upstream raw materials such as lithium carbonate drove a broad-based price recovery across the entire industry chain. Looking at the full year, segments including lithium hexafluorophosphate (LiPF6), separators, and copper/aluminum foils possess pricing upside potential; meanwhile, emerging technologies—such as solid-state batteries, sodium-ion batteries, and composite copper foils—are accelerating industrialization. Guojin Securities (600109) recommends focusing on segments with pricing power and industry leaders in solid-state battery technology.

Recently, Dongfeng Motor Corporation and Yangtze Industry Group signed the "Strategic Procurement Cooperation Framework Agreement." This signing marks the upgrade of cooperation between both parties from "supporting supply" to "strategic synergy." According to the agreement, both parties will deepen joint investment and collaborative development in core areas such as the three-electric system, thermal management, and lightweight chassis, jointly building an autonomous, controllable, safe, and efficient new supply chain ecosystem.

Jiayin Securities released a report stating that with BYD's (01211) overseas sales ratio continuously increasing by 2026, the group's profit margin is expected to further improve. The report maintains the "Buy" rating and a target price of 133 Hong Kong dollars. BYD continues to make breakthroughs in pure electric vehicle technology, which is expected to boost the penetration rate of new energy vehicles. Despite sales pressure in the domestic market, its overseas business is showing strong growth, with notable performance in Southeast Asia, Latin America, and Europe. In February 2026, BYD's overseas sales increased by 41.4% year-on-year to 100,100 units, with the overseas sales ratio breaking through 50% for the first time.

The 15th Five-Year Plan period is a critical stage for China’s green transition.Huicheng Environmental Protection(104.480, 8.38, 8.72%)We have deeply engaged in the field of solid waste resource utilization and circular economy, adhering to the principle of “extracting resources from waste.” We have successfully established an efficient conversion pathway transforming low-value mixed waste plastics into high-value chemical feedstocks and green new materials. It is recommended to strengthen top-level institutional design and accelerate the construction of a recycling system for low-value waste plastics, promoting the transition of waste plastic management from a “linear” to a “circular” model. Technological leadership should be reinforced by incorporating key technologies—such as chemical recycling of waste plastics—into national science and technology programs. Aligned with the “Zero-Waste City” initiative, we aim to build a full-industry-chain closed loop covering “waste plastic collection → high-value utilization → green chemical new materials.” Furthermore, we encourage the development of a collaborative industrial ecosystem centered on leading enterprises, integrating technological R&D, advanced manufacturing, and financial capital, to jointly establish a replicable and scalable model for high-value utilization of waste plastics. This will support leading enterprises in promoting Chinese green technologies and solutions globally.

According to sources familiar with the matter, Li Chuangqi, former head of Xiaomi’s wearable devices business, has secretly launched a startup focused on vehicle-integrated photovoltaic (PV) technology, which will collaborate with Xiaomi. As for why he chose the vehicle-integrated PV sector, insiders cited two main reasons. First, it helps circumvent non-compete agreements—a precedent exists, such as Wang Teng, former General Manager of Xiaomi’s China Region Marketing Department and General Manager of the Redmi brand, who, after leaving Xiaomi, entered the health and sleep sector, an industry unrelated to smartphones. Second, Li Chuangqi personally sees substantial value and integration potential in the vehicle-integrated PV market. Industry expert Yan Jun stated: “Once the technology matures, the integration of photovoltaics into vehicle bodies will become a critical component of automotive engineering—characterized by high barriers to entry and difficulty in replication, thereby representing a significant incremental market.”

At the 2026 National Two Sessions, He Xiaopeng, the 14th National People's Congress representative and Chairman and CEO of Xpeng Motors, brought several proposals. He Xiaopeng pointed out that the autonomous driving industry is a key track for nurturing new productivity and promoting the transformation and upgrading of the automotive industry. With the deep application of large models and high computing power, autonomous driving technology is accelerating from the era of software-defined functions to the era of AI-driven intelligence. At the same time, the United Nations and the United States are accelerating the implementation of regulations and mass production deployment bills for L3 and above autonomous driving. China has a first-mover advantage in the development and application of combined assisted driving (L2 level) and has been steadily advancing the access and road passage pilot work for intelligent connected vehicles. It is suggested to promote the policy and regulatory system to make the leap from L2 to L4, to facilitate rapid technological iteration and large-scale commercialization, and to transform China's accumulated advantages in the L2 field into a competitive edge in the L4 autonomous driving era.

According to The Paper, the fourth session of the 14th National Committee of the Chinese People’s Political Consultative Conference (CPPCC) opened in Beijing on the afternoon of March 4. Li Shufu, a national CPPCC member and Chairman of Geely Auto, stated in an interview that the new energy vehicle industry should avoid “involutionary” competition and pursue connotative development.

On March 4, Hyper announced that the Hyper A800 will be equipped with Huawei’s new Qiankun dual-optical-path image-grade LiDAR. Additionally, the vehicle will feature Huawei’s Qiankun Intelligent Driving ADS 4.1 and HarmonyOS Cockpit 5.

On March 4, Yu Chengdong, Executive Director of Huawei, Chairman of the Product Investment Review Committee, and Chairman of the Terminal Business Group, announced that the Luxgen S800 has remained the top-selling luxury car in the million-yuan category for five consecutive months, with cumulative deliveries exceeding 15,000 units nine months after its launch.

On March 4, Huawei officially launched its dual-optical-path, image-grade 896-line LiDAR. Wang Hui, Chairman of Avatr Technology, announced that the new Avatr 12 will be the first vehicle to be delivered with Huawei’s latest 896-line LiDAR. Meanwhile, the new Avatr 12 will open for pre-orders on March 20.

According to Yicai, BYD will unveil its second-generation Blade Battery and flash charging technology on March 5. In 2020, BYD launched the first-generation Blade Battery, propelling the company into a period of rapid business growth. With news of the second-generation Blade Battery emerging, it remains to be seen whether BYD can once again achieve a technological first-mover advantage.

According to data jointly released by the China Automobile Manufacturers Association (CAMA) and CAM, the price change index for the overall market in January was -0.26, with a market transaction price of 165,800 yuan. The overall market transaction price this month decreased by 436 yuan compared to the previous month, a decrease of 0.26%. Looking at the different segments, the MPV market saw the largest drop in transaction prices. Among them, the sedan market (3.91% ↑), the SUV market (3.95% ↓), and the MPV (6.02% ↓).

On March 2, the official automotive trade-in platform DTCar, in collaboration with China Automotive Information & Technology Research Institute (CAITRI), released the “White Paper on Consumer Insights into Automotive Trade-In Programs” (hereinafter referred to as the “White Paper”). The White Paper systematically outlines the comprehensive market transformations and evolving consumer behaviors since the implementation of the automotive trade-in policy, primarily drawing on DTCar’s 2025 vehicle replacement and upgrade data for market analysis. It notes that the trade-in policy has effectively driven automotive consumption upgrades: over 70% of users applying for subsidies via the DTCar platform purchased new vehicles priced at RMB 200,000 or higher.

Last month, the BYD Dolphin Mini became the best-selling vehicle in Brazil’s retail market, marking the first time an electric vehicle has topped Brazil’s sales chart. The model registered 4,100 units in February, surpassing traditional internal-combustion vehicles such as the Volkswagen T-Cross and Hyundai Creta. When including corporate bulk purchases, however, models like the Fiat Strada and Volkswagen Polo still occupy the top five positions, while the Dolphin Mini ranks 11th. Overall, BYD ranks fifth in brand sales volume in Brazil, with a goal of becoming the market leader by 2030. Since its launch in Brazil in February 2024, the Dolphin Mini has accumulated over 62,000 units in sales, with a starting price of BRL 119,990. Consulting firm K.Lume forecasts that Chinese brands’ share of the passenger vehicle market will reach nearly 20% this year, up significantly from 9.8% year-on-year.

On March 1, Geely Automobile Holdings Limited announced on the Hong Kong Stock Exchange that the Group’s total vehicle sales in February 2026 amounted to 206,160 units, representing an approximately 1% increase year-on-year.