ThinkerCar | Real-time China NEV data & insights | Empowering 200+ global clients with intelligence & consulting | [email protected]

Hong Kong
Joined February 2023
Average Transaction Price of New Car-making Brands in China, Q3 2026 • #NIO (RMB 449k), Luxeed (RMB 424k), and Aito (RMB 419k) lead in average transaction price. However, #LiAuto takes the revenue crown at RMB 30.1B, with its average price sitting mid-tier at RMB 305k. • #Xiaomi proves its volume with RMB 27.4B revenue at a RMB 271k average, while #Leapmotor rakes in RMB 25.7B at just RMB 120k.
• #Huawei HIMA AITO: Average Transaction Price (ATP) surged by RMB 64k MoM, with the brand ranking first in both ATP and revenue among the brands. • #NIO: ATP held at RMB 447k, flat MoM, showing a solid pricing base in the premium market. • #LiAuto: A sharp contrast — ATP fell notably MoM, but a large sales base kept monthly revenue at No. 2. • #Leapmotor: Low ATP but top-tier total revenue, driven by high volume.
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Small-batch production of dedicated solid-state batteries for XPeng’s IRON robot has rolled off the line. The robot is now in the pre-SOP phase. Constrained by packaging limitations, XPeng developed a robot-specific solid-state battery with a high-energy-density architecture, redefining battery standards. It features thermal runaway propagation mitigation and is built to withstand impact and nail penetration tests. #XPeng #SolidStateBattery #Robotics
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NIO's electric drive tech just won the First Prize of the China SAE Science and Technology Award. Led by NIO in collaboration with academic and industry partners, the project "Key Technologies and Industrialization of High-Power-Density Continuous Wave Winding Electric Drive Systems" has won the First Prize of the China SAE Science and Technology Award. It overcame three major industry technical challenges: the mass-production process for high-insulation continuous wave windings, full-domain thermal management and compact integration, and multiplexed boost charging coordination. Key specs achieved: • Motor power density: 19.06 kW/kg • Controller power density: 226.92 kW/L • Peak boost charging power: 202.78 kW #NIO
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CATL is expected to hit small-batch production of all-solid-state batteries by 2027. Right now, we're only at Level 4 out of 9 on the tech roadmap, says Chairman Zeng Yuqun. Level 9 means "ready for mass production." Beyond the tech roadmap, Zeng points out two other critical factors: • Product: Is the supply sufficient? Can the batteries meet reliability and safety demands? • Commercialization: What is the actual market acceptance? Can it achieve high-volume sales? Solid-state is coming, but mass adoption is still a marathon. #CATL #SolidStateBattery
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This insightful video shows how #BYD #RACCO maximizes cabin space within K-Car constraints via continuous engineering optimization.
ミリ単位の設計が、広さと走りを変える。🦦✨ BYD RACCOは、従来の軽規格の制限を感じさせない、足元や室内のフラットな広がり。 それを可能にしたのは、EV専用のフラットフロア構造(e-platform 3.0)と高密度なユニット(X-PACK)配置です。 バッテリーをフロア下に効率よく収めることで、広々とした居住性だけでなく、低重心によるブレのない安定したハンドリングも両立しました。 スペースの効率化と、走りの質。 設計の積み重ねが生み出した、新しい軽のスタンダードです。 #BYD #RACCO #EV専用設計 #室内空間 #軽自動車
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The chart tracks retail registrations of NIO, Mercedes-Benz, BMW and Audi in China from 2024Q1 to 2026Q3 (standalone brand basis, sub-brands excluded). The German luxury trio has been on a downward trend since Q4 2024. In Q3 2026, BMW hit 103.5k, Audi 94.4k, Mercedes-Benz 92.9k — all their lowest levels since Q1 2024. Backed by the ES8 & ES9, NIO’s sales have seen steady recovery over the past year, showing a divergent trajectory from traditional luxury brands. That said, a large volume gap vs BBA remains. Domestic premium NEVs still have a long way to challenge established luxury players. $NIO #BBA #NEV #ChinaAuto
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Latest news: Future Yangwang models will be equipped with #BYD Semiconductor’s Xuanji A3 intelligent driving chip.
#BYD said semiconductors are one of its key capabilities. Its portfolio covers 13 major categories and 567 automotive-grade chips, from power semiconductors and analog ICs to logic ICs added this year. BYD Semiconductor has full-chain design and manufacturing capabilities covering chip design, wafer fabrication, and packaging and testing. BYD will continue to pursue breakthroughs in semiconductor design and production. Its Xuanji A3 chip, launched this year, is China’s first automotive-grade 4nm intelligent driving chip and has entered volume production.
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Vehicles equipped with #BYD 's "God's Eye" ADAS have cumulatively avoided 19.07 million potential collisions. A few examples below: 👇
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Production & Sales | Top 20 Chinese Automakers Jan-Sep 2026 • #BYD led with 3,130k+ units in both production and sales, despite slight YoY declines. SAIC followed closely with 3,050k+ sales (slight YoY dip). #Geely was the only top-3 brand with positive growth (+3.2% YoY). • Leapmotor led the high-growth pack with ~70% sales growth. #NIO surged nearly 50%. Tesla (Shanghai) and Chery both saw double-digit growth, with Chery surpassing 2,200k units (+10.1% YoY).
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XPeng is accelerating its global expansion by signing distribution partnerships with local partners in four countries: Nigeria, Oman, Kuwait, and Albania. This brings its global sales network to 83 countries and regions, with over 1,200 overseas retail stores. In the Middle East, orders for the XPeng GX are approaching 4,000 units. The GX and G9L will make their Middle East debut next week, with local pricing announced then. #XPENG #MiddleEast
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Launching Oct 28 with deliveries starting Oct 29, the 2026 #LiAuto i6 chassis carries over the 25 model's hardware: all-aluminum suspension, dual-chamber air springs, CVD shock absorbers, 4 high-performance hydraulic bushings, 52,014 N·m/° torsional rigidity, and a low center of gravity. Key upgrades focus on steering and brakes: • Steering feels sharper. Recalibrated for faster front-end response, making daily lane changes and cornering feel direct and crisp. • Braking is more solid. Compared to the 25 model, optimized pedal damping and braking force give a perfectly linear feel—press a little, get a little. Much easier to control in city traffic.
#LiAuto announced the 2026 Li i6 rollout timeline: display vehicles will arrive at stores nationwide on Oct 11, debut at the Paris Motor Show on Oct 12, hold its launch event on Oct 28, and begin deliveries in early November. Six key upgrades: • Brighter lighting: ADB matrix headlights, shared with Li MEGA, for wider, farther nighttime visibility. • Easier storage: Power frunk with knock or voice control. • Better comfort: Dual front zero-gravity seats, 150-degree recline. • Bigger screens: 29-inch 6K panoramic front display and 21-inch 4K rear entertainment screen. • Longer range: Self-developed ultra-fast charging battery, 96 kWh, 780 km CLTC range. • Stronger chip: Qualcomm 8797 plus self-developed Mach M100.
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Retail Delivery Volume of New Car-making Brands in Jan–Sep 2026 ▶️#Leapmotor: Surged from 16,611 units in Feb to 70,207 in Jun, reaching 78,762 in Sep. ▶️#NIO: Held steady between 30,000 and 40,000 units from Mar to Sep. Peaked at 41,457 in Jun and settled at 37,688 in Sep. ▶️#LiAuto: Peaked at 40,357 units in Mar, failed to break through in H2, and dipped to 31,167 units in Sep. ▶️#Xiaomi: Opened Jan with 39,035 units, dropped to just over 20,000 in Feb-Mar, then recovered steadily to 39,666 units in Sep. ▶️#XPeng: Started Jan-Feb with just over 10,000 units, climbed steadily to a YTD high of 33,754 units in Sep. ▶️#Zeekr: Peaked at 27,684 units in May, then plateaued between 20,000 and 25,000 units in H2, ending Sep at 24,777.
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BYD's Yangwang ultra-luxury executive flagship sedan finally has a name: yangwang altior. The latest teaser reveals its side profile, keeping the front fascia and rear end under wraps. #BYD
Yangwang HU is being shipped to the Middle East for its global debut in the UAE (Dubai and Abu Dhabi) this November. Expected to measure between 5.4 m and 5.5 m, it sits in the D+ executive sedan segment. The model is rumoured to feature BYD’s e4 four-motor powertrain with a combined output of over 1,300 hp, paired with DiSus-M intelligent suspension and rear-wheel steering. There are also speculations that it could be the first vehicle fitted with BYD’s in-house solid-state battery, targeting a CLTC range of over 1,200 km. #Yangwang #BYD #LuxuryEV
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The 5,000th XPeng MONA L05 has rolled off the line. Built on a new standalone production line, capacity is fully secured. The model is now ready for launch and deliveries. #XPeng #MONAL05
XPeng MONA L05 has begun global shipments and will go on sale in 65 countries and regions worldwide. Earlier today, XPeng confirmed it will hold the China launch event for the L05 on Oct 29. #XPeng #MONAL05
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The 3rd-gen #BYD Qin PLUS DM-i has launched. It's priced from RMB 79,900 (~$11,900) to 100,900 (~$15,000) (limited-time special price: RMB 76,900 (~$11,450) to 97,900 (~$14,600)). It delivers a massive 2,290 km combined range and a 220 km pure electric range, alongside a class-leading 2.58L/100km charge-sustaining fuel consumption. Tech-wise, it packs a roof-mounted LiDAR with the God's Eye B ADAS. L/W/H: 4840/1900/1498 mm, wheelbase: 2800 mm.
The 3rd-gen #BYD Qin PLUS is nearing its launch. An official interior video is out, revealing the specific details.
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Pre-orders for #BYD 's Denza N8 opened yesterday, with reports of a RMB 340,000 dealer invoice price for the BEV flagship. Standard equipment includes DiSus-A closed-loop dual-chamber air suspension, a 4.5m turning radius, and 0-100 km/h in 2.9 seconds. The BEV delivers 1,003 km CLTC range, while the PHEV offers 435 km pure electric range, with the 2nd-gen Blade Battery and flash charging. What’s your guess for the official launch price?
#BYD Denza N8 pre-orders are now open ahead of its Nov launch. It packs a 1,003 km pure electric range, the 2nd-gen Blade Battery, flash charging, and God's Eye 5.0 ADAS. L/W/H: 5150/1999/1820 mm, wheelbase: 3075 mm. Powertrains: • RWD single-motor: 320 kW or 370 kW • Tri-motor AWD: 270 kW front + 310 kW x2 rear (combined 890 kW)
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Reports say #Volkswagen Group is considering bringing the software architecture from its China models to mainstream European cars, which would weaken US partner Rivian's role in its software strategy. The E/E architecture co-developed by VW and #XPeng is expected to roll out across three core brands: VW, Skoda, and CUPRA.
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Any-ratio gasoline–methanol blending is the headline: #Geely’s new-gen methanol hybrid debuts Nov 3, and the Galaxy Starshine 6 EF goes on sale the same day, supporting flexible gasoline–methanol blending at any ratio. The Galaxy Starshine 6 EF is a methanol hybrid family sedan with single-tank mixed refueling. It uses precise fuel composition identification and a methanol concentration sensor to read the blend ratio in real time via minute current variations as fuel flows. That data goes to the ECU, which controls fuel injection and ignition accordingly.
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