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China's Auto Brands Achieve Record Market Share In Europe In September
Under the leadership of BYD and MG, Chinese automakers continue to make progress in the European market. In September, the sales of Chinese car brands in Europe surged by 149%, reaching 90,571 units, with a record market share of 7.4%, compared to only 3.3% a year ago. -
SAIC Group Establishes Forward Automotive Company Wholly Owned by SAIC
According to the Qichacha app, SAIC Forward Automotive Technology (Shanghai) Co., Ltd. was recently established with a registered capital of 20 million yuan. Its business scope includes the research and development of auto parts, sales of intelligent power distribution and control equipment, sales of charging piles, wholesale of computer software, hardware, and auxiliary equipment, among others. Qichacha's equity penetration shows that the company is wholly owned by SAIC Group.
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Ansys China Refutes False Statements by Dutch Ansys: All Products Manufactured and Delivered in China Are Legal and Compliant, Maintaining Consistent Quality
On October 23, Nexperia China Co., Ltd. released a bilingual "Letter to Customers," stating that the current management of Nexperia in the Netherlands is spreading information that is inconsistent with the facts, unjustifiably questioning the compliance, quality standards, and technical capabilities of the products, and attempting to confuse and interfere with customers' normal purchasing decisions. The company firmly opposes this and will take all measures to protect its rights legally. Meanwhile, Nexperia China Co., Ltd. promises that all products manufactured and delivered in China comply with Chinese laws and regulations and the requirements of relevant regulatory authorities, fully meet Nexperia's consistent technical standards, production processes, and quality requirements, comply with all contractual agreements with customers, and pass the company's strict quality inspection during the factory inspection stage. Should there be any changes or adjustments regarding product supply, production processes, or technical standards, the company will communicate with customers in advance according to normal procedures. Currently, the production and operations of Nexperia's Chinese entity are progressing in an orderly manner, and the company's board of directors, management, and all employees are making every effort to ensure the stability of the supply chain for our valued customers.
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Akio Toyoda Dismantles the "Toyota System"
Toyota Motor Corporation has acquired all shares of its affiliated company, Toyota Industries, for approximately 2.2 trillion yen, leading to its delisting. This marks the largest internal consolidation in Toyota's history and signifies a transformation in the governance structure of Japanese companies. Akio Toyoda is attempting to dismantle the cross-shareholding system that has supported the "Toyota Group" for nearly a century and promote industrial transformation. After the acquisition, Toyota Motor will directly control the upstream manufacturing process, enhance supply chain transparency and production efficiency, reduce costs, and decrease external dependence. Akio Toyoda's reform intentions have long been evident, as he reduces the proportion of cross-shareholdings between manufacturers to give them greater operational independence and raises funds to increase investment in the latest technologies and equipment. -
CATL's Net Profit in Q3 2025 Reaches 18.55 Billion Yuan, Up 41.2% Year-on-Year!
Ningde Times released its third-quarter report for 2025, reporting total revenue of 104.2 billion yuan, a year-on-year increase of 12.9%, and a net profit of 18.55 billion yuan, a year-on-year increase of 41.2%. The company is advancing global capacity construction, with significant domestic expansion and remarkable results in overseas layout. The world's first NP3.0 technology and Shenxing Pro battery have been launched, enhancing safety and performance. The sodium-ion battery has passed new national standard certification, accelerating its entry into broader applications. Strategic cooperation has been established with JD Group and others to build a green energy ecosystem. Advocating "born for recycling," the company is leading the sustainable development of the global battery industry.
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Cangzhou Mingzhu: Guangzhou State-owned Assets Supervision and Administration Commission Will Become Company's Actual Controller
On October 16, Cangzhou Mingzhu announced that the company's controlling shareholder...Dongsu Groupand its persons acting in concert plan to transfer 167 million shares of the company they hold (accounting for 10.00% of the company's total share capital on the agreement signing date) toGuangzhou Light IndustryAt the same time, the voting rights corresponding to the remaining 160 million shares (accounting for 9.58% of the company's total share capital on the date of the agreement) will be entrusted to Guangzhou Light Industry. If the transfer is completed,Guangzhou Light IndustryWill become the controlling shareholder of the company.Guangzhou State-owned Assets Supervision and Administration CommissionWill become the actual controller of the company. Review: Cangzhou Mingzhu's introduction of Guangzhou State-owned Assets as the controlling shareholder is a typical example of a "state-owned capital takeover" change in control. This move not only can bring funding and resource support to the company but also is expected to leverage the state-owned background to enhance its credibility and market position in the new energy materials field. For the original controlling shareholders, this is a way to "cede control while retaining some benefits" as an exit strategy. In the future, how the new actual controller empowers the company...Cangzhou MingzhuThe business development will be the focus of market attention.
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Ideal Auto Battery Company Officially Established!
QichachaThe information shows that on October 13, Shandong...Ideal AutoIdeal Battery Co., Ltd. (abbreviated as "Ideal Battery") has been officially established, with Liu Liguo as the legal representative and a registered capital of 300 million RMB. Ideal Battery belongs to the automotive manufacturing industry. Its business scope includes battery manufacturing, battery sales, research and development of emerging energy technologies, operation of electric vehicle charging infrastructure, manufacturing of power transmission, distribution, and control equipment, sales of intelligent power transmission, distribution, and control equipment, centralized fast charging stations, research and development of new material technologies, and more. -
Russia Plans To Postpone Implementation Of New Auto Recycling Fee Regulation, Power Calculation Method Reform May Be Delayed Until December
The Russian Ministry of Industry and Trade is considering postponing the implementation of the new regulations on import automobile recycling fees from the originally planned date of November 1 to December 1. The new regulations will change the current calculation method, shifting from considering only engine displacement and vehicle age to including engine power as a key indicator, in response to the growth of high-power, small-displacement models, including electric vehicles. Personal imported vehicles will still benefit from preferential coefficients for models with power below 160 horsepower. The postponement aims to provide more sufficient customs clearance time for dealers who closed deals between August and October, to avoid trade disruptions due to sudden policy changes. The new regulations are expected to benefit official dealers but put pressure on parallel importers.
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Xpeng Huitian: Largest Overseas Order Secured in Middle East for Land Aircraft Carrier
According to a recent message from XPeng Motors' official WeChat account, XPeng Huitian, a flying car company, held its first international appreciation event for the "Land Aircraft Carrier" in Dubai, officially embarking on its globalization journey. During the event, the latest generation of the split flying car "Land Aircraft Carrier" completed its first overseas public flight demonstration with a pilot on board. At the event, Huitian signed purchase agreements for the first batch of 600 flying cars in the Middle East with the UAE's Ali & Sons Group, Qatar's Almana Group, Kuwait's AlSayer Group, and the UAE Chinese Business Association, setting a record for the largest overseas bulk order in this field.
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Ministry Of Industry And Information Technology And Two Other Departments Adjust Technical Requirements For New Energy Vehicle Purchase Tax Exemption In 2026-2027
On October 9, the Ministry of Industry and Information Technology and two other departments issued the "Announcement on the Technical Requirements for New Energy Vehicle Products Eligible for Vehicle Purchase Tax Reduction and Exemption in 2026-2027" (hereinafter referred to as the "Announcement"), which adjusted the technical requirements for pure electric passenger vehicles and plug-in (including extended-range) hybrid passenger vehicles. The most significant change is that the pure electric range of plug-in (including extended-range) hybrid passenger vehicles should meet the conditionally equivalent full electric range, which has been adjusted from the previous 43 kilometers to not less than 100 kilometers. Additionally, according to the "Announcement," models that have been included in the "Tax Reduction and Exemption Directory" and meet the technical requirements of this announcement by December 31, 2025, will automatically be transferred to the first phase of the "Tax Reduction and Exemption Directory" in 2026. Models that do not meet the requirements will be removed from the "Tax Reduction and Exemption Directory."
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Tongyi Co., Ltd.: Providing Professional Flame Retardant PC and ABS Materials for the Lithium Battery Industry to Enhance Downstream Product Safety Performance
Tongyi Co., Ltd.On September 30, in response to inquiries on the investor interaction platform, the company stated that it is deeply involved in the materials field and can provide professional flame-retardant PC and ABS materials to the lithium battery industry to help enhance the safety performance of downstream products. -
Ford and GM Unveil Plan to Extend $7,500 EV Lease Tax Credit
According to dealers and documents, General MotorsRacing to sign contracts with car dealers, they are participating in a program that will effectively extend the use of the $7,500 electric vehicle leasing tax credit after the federal subsidy expires on Tuesday. According to dealers, in recent days, both companies have launched plans to their dealers. Under these plans, the financing arms of the two automakers will initiate the purchase of electric vehicles from dealer inventories by paying the down payment. These plans have not been previously reported. According to the documents and the dealers, these down payments will qualify the lending institutions for a $7,500 federal tax credit. After that, the dealers will provide several months of car leasing services to retail customers as usual, incorporating the $7,500 subsidy into the lease rates. These plans aim to mitigate the impact of the expiration of the tax credit policy. This policy has been in place for over 15 years and is designed to encourage the adoption of electric vehicles. General Motors responded on Monday: "We andGeneral Motors"Dealer cooperation has extended the tax credit benefits for customers leasing electric vehicles." The spokesperson did not immediately comment. -
China Association of Automobile Manufacturers: August Auto Parts Imports Amounted to $2.05 Billion, Down 17.9% Year-On-Year
China Association of Automobile ManufacturersOrganizedGeneral Administration of CustomsIn August 2025, the import value of auto parts reached $2.05 billion, a month-on-month increase of 3.5% and a year-on-year decrease of 17.9%. From January to August 2025, the import value of auto parts was $14.27 billion, a year-on-year decrease of 22.1%. -
Hesai Technology: Secures Xiaomi Auto's Lidar Designation for the Next Year
Hesai TechnologyOn September 30th, Fangmian stated that they will continue to deepen their cooperative relationship with Xiaomi Auto from 2026 to 2027.Xiaomi AutoPositioning as a core strategic supplier to provide support and services. -
China To Implement New Energy Vehicle Export License System Starting In 2026
China has strengthened regulations on the rapidly growing export of new energy vehicles, with new rules requiring automakers and their authorized dealers to obtain a license before exporting pure electric passenger cars.Ministry of Commerce、Ministry of Industry and Information Technology、General Administration of Customs State Administration for Market RegulationA joint announcement released on Friday stated that the export licensing system will be officially implemented starting January 1, 2026, aiming to "promote the healthy development of new energy vehicle trade." -
Foshan Plastics Technology Adds "Solid-State Battery" Concept
September 29, 2025Foshan Plastics Technology(sz000973) added the "solid-state battery" concept. According to the interpretation of the Xina AI concept, a new concept of solid-state batteries will be added on September 29, 2025. Inclusion reason: On November 27, 2024, Interactive Easy reported that the company plans to acquire the above-mentioned.Hebei Jinli New Energy Technology Co., Ltd.It focuses on the research and development, production, and sales of wet-process lithium battery separators. Its products are widely used in the manufacturing of various lithium-ion power batteries, energy storage batteries, and consumer batteries. The downstream end-use fields include new energy vehicles, energy storage power stations, electric tools, and 3C electronic products.Jinli Co., Ltd.Always staying at the forefront of industry developments to ensure a long-term technological advantage in market competition, continuously making technological layouts in areas such as lithium-sulfur battery separators, semi-solid lithium battery separators, fuel cell separators, and solid electrolytes. For instance, in the field of lithium-sulfur battery separators, we have developed asymmetrical sulfur-conducting lithium coating separators and semi-solid sulfur-conducting lithium coating separators; in the area of semi-solid lithium battery separators, we have developed gel electrolyte coating separators and high-conductivity solid electrolyte coating films; in the fuel cell sector, we have laid out perfluorosulfonic acid membranes, among others. -
UBTech: Signs 30 Million Yuan Humanoid Robot Procurement Contract With Tianqi Co.
UQI, a smart logistics subsidiary of UBTECH, has officially signed a purchase contract with Tianqi Automation Engineering Co., Ltd. Tianqi will purchase UBTECH's industrial humanoid robot Walker S series with a total price of 30 million yuan. As of now, UBTECH's Walker series humanoid robots have secured contracts worth nearly 430 million yuan. (Southern Finance Quick News) -
Kepler: Mass Production of the World's First Commercially Available Hybrid Humanoid Robot
Shanghai Kepler Robotics Co., Ltd. officially released the mass production launch video of the K2 Bumblebee, announcing that the world's first commercially available hybrid humanoid robot has begun fulfilling commercial orders. This product uses a series-parallel structure that combines roller screw linear actuators with rotary actuators, offering a more stable architecture, longer robot lifespan, and better suitability for industrial applications. (Source: Kepler Humanoid Robotics)
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Feilong Co., Ltd. (002536.SZ): Thailand Production Base Planned Production Capacity Mainly Aimed At Overseas Customers
Feilong Co., Ltd. (002536.SZ) stated on the investor interaction platform that the planned production capacity of the company's Thailand production base is primarily aimed at overseas customers, covering engine thermal management products and new energy thermal management products. After********, production will be flexibly adjusted based on customer demand and arranged in a timely manner.
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Alipay launches automotive industry's first "in-car ai qr code payment" solution
人民财讯9月28日电, 日前,Li Auto全新纯电车型i6发布,该车上线“支付宝车载助手”生态,用户在车内唤醒“理想同学”,无需掏出手机即可让车辆自己扫码缴费、进行快捷点单自取等服务,这也是AlipayThe first "in-car AI QR code payment" solution launched in the automotive industry.
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