OEM Trend
Kuai Technology reports that recent news about BYD's self-developed humanoid robot has sparked widespread attention. Rumors claimed the robot was codenamed "Yao Shun Yu" and that 20,000 units were slated for internal deployment by 2026. In response, BYD stated clearly: these reports are not true. The automaker denied multiple rumors, including claims that "BYD's humanoid robot is codenamed Yao Shun Yu," that a "seventh-generation prototype is undergoing field tests in Shenzhen and Changsha factories," and that "about 150 units are already online with a target of 20,000 for internal use this year," classifying all such information as false.
IT Home: HarmonyOS Mobility recently kicked off the first nationwide delivery ceremony for the Luxeed V9. Officials revealed that this MPV has secured over 18,000 firm orders in just 21 days since its debut. The vehicle launched on May 15 with a price range of 389,800 to 519,800 yuan.
21 Finance: Market speculation suggests that Shi Xiaoxin, XPENG's senior director of robot product planning, officially stepped down in early June. Shi was a veteran who built XPENG's humanoid product system from the ground up, serving for 1,675 days. His tenure covered the integration of XPeng Robotics, the merger of the team into the XPeng Group, and the full cycle of the Iron humanoid robot from prototype iteration to mass production preparation. His departure has raised market concerns over potential delays in XPENG's humanoid robot rollout. In response, an insider at XPENG told reporters, "We aren't aware of his specific situation, but our progress is proceeding smoothly."
IT Home: Stellantis Malaysia recently announced via press release that Leapmotor has officially launched local assembly at the Stellantis manufacturing center in Gurun, Kedah. The C10 will be the first model off the line, with the B10 set to follow. Stellantis stated that local assembly of Leapmotor models is part of a long-term strategy. The company aims to establish Malaysia as a key manufacturing hub, promoting local industrialization while making high-tech, high-end pure electric mobility products more accessible to Malaysian consumers.
Kuai Technology: FAW Hongqi recently announced that its first hardcore off-roader has been officially named the "Hongqi G919." The company explained the naming convention: "G" inherits the backbone of the "national car," guarding every journey; "9" establishes its flagship positioning and premium manufacturing; "1" signifies first-class product performance and driving experience; and the final "9" symbolizes comprehensive service and enduring companionship.
Kuai Technology: BMW announced that Belgian logistics giant Katoen Natie has signed a massive procurement agreement with BMW Group Belux for a one-time order of 1,000 pure electric vehicles — setting a record for the largest corporate EV fleet order in Belgian history. The order spans BMW and MINI brands, including the all-new iX3 and i3 models built on the New Class platform.
Kuai Technology: Ferrari CEO Benedetto Vigna has explicitly ruled out the possibility of launching fully autonomous Ferrari models. In a recent interview, Vigna pledged that every Ferrari will retain a steering wheel, ensuring the driver remains in control to enjoy the thrill of driving rather than ceding authority to an onboard computer. He confirmed that Level 3 or higher autonomous driving features are not part of Ferrari's product roadmap. The company will continue to develop technologies like adaptive cruise control and lane departure warning, which technically fall under the autonomous driving umbrella.
Supply Chain News
Cailian Press: ByteDance released a statement addressing recent reports interpreting "Saidou" as a "Doubao car brand" or signaling ByteDance's entry into car manufacturing. 1. These claims are inaccurate; ByteDance has no plans to manufacture vehicles or launch an automotive brand. 2. Saidou is not a car brand launched by ByteDance or Doubao, and there is no equity cooperation between ByteDance and Saidou. 3. Partnerships between Doubao, Volcano Engine, and automotive industry players focus on providing technical services such as the Doubao large model and smart cockpit solutions to enhance in-car intelligent interaction.
Cailian Press: At the 2026 Qualcomm Automotive Technology and Cooperation Summit, Qualcomm Technologies joined ecosystem partners — including Chengmai Technology, CheLianTianXia, Banma Smart, Desay SVW, Megajoy, and ThunderSoft — to announce the "Claw" on-vehicle AI ecosystem plan. Through this initiative, Qualcomm and its partners aim to deploy AI agents and multimodal large models directly onto vehicle platforms.
Gasgoo: German defense giant Rheinmetall has finalized the sale of its Power Systems automotive division as it pivots to focus on its core defense business. Munich-based investment firm Aequita is set to acquire the unit for a provisional purchase price of 350 million euros (approximately $406.8 million). The agreement encompasses the entire equity of Rheinmetall's Power Systems division. The transaction, subject to regulatory approvals across various countries, is expected to close in the fourth quarter of this year.
Industrial Economy
IT Home: Cui Dongshu of the China Passenger Car Association (CPCA) noted that since the start of 2025, promotions and market downgrades in the passenger vehicle sector have returned to rational levels, significantly improving market order. With the reinstatement of purchase taxes on new energy vehicles, the impact of guide prices on consumer tax liabilities has become more pronounced.
Kuai Technology: Industry data reveals that prices for automotive-grade storage chips have surged 180% over the past three months, driving up the cost of intelligent driving hardware and becoming a key trigger for price adjustments in the new energy vehicle sector. While official sticker prices at many Beijing NEV dealerships remain unchanged, the cost of optional advanced driving packages has quietly crept up. A laser-assisted driving option previously priced at 9,900 yuan now lists for 12,000 yuan; packages featuring two Turing chips cost 12,000 yuan, jumping to 20,000 yuan for three chips. More than a dozen NEV manufacturers have raised retail prices or reduced subsidies by between 2,000 and 6,000 yuan. Despite the hikes, young consumers with a strong demand for intelligent driving features remain willing to pay.
Jiemian News: Data shows that the average curb weight of passenger vehicles in China reached 1,704 kilograms in 2024 — nearly 400 kilograms heavier than in 2012. Additionally, while the width of typical household new energy vehicles hovered around 1.7 meters in the early 2000s, household cars frequently tipping the scales at nearly 2 tons today have sparked debate over their expanding size. Automotive engineers note that for every 10 millimeters added to a vehicle's width, roughly 0.8 kWh of battery capacity can be accommodated. Experts point out that while automakers use extended range as a selling point — advertising 800 or 1,000 kilometers on a single charge — this requires installing a massive battery pack that can weigh between 700 and 800 kilograms. Some manufacturers have even gone so far as to design toilets into their vehicles, all to help their products stand out in a crowded market.
Cailian Press: A return China-Europe freight train carrying 55 carloads of goods — including cooking oil, tires, and aluminum ingots — recently entered China via the Manzhouli railway port in Inner Mongolia, bound for Wuhan's Wujiashan Station. So far this year, the number of trains passing through the "East Passage" has surpassed 3,000. Comprising the Manzhouli, Suifenhe, and Tongjiangbei ports, the East Passage now operates 27 stable routes connecting 14 countries, including Poland, Germany, and the Netherlands, and linking over 60 domestic cities such as Changsha, Zhengzhou, and Chengdu. Statistics show that from January to April, the East Passage accounted for 32.1% of the total national traffic, with return trains making up 41.1% of the national return volume.
Policy Situation
Cailian Press: The Ministry of Transport and nine other departments have issued the "Three-Year Action Plan for High-Quality Development of Small and Micro Passenger Car Rental (2026–2028)." The plan proposes to improve supporting facilities such as parking and charging, and encourages rental companies to deploy new energy vehicles. Authorities aim to accelerate the construction of charging facilities at highway service areas, targeting the installation or upgrade of 30,000 EV charging points with a power output of over 60 kilowatts by the end of 2028. Charging and swapping infrastructure will also be planned along tourism highways, national and provincial trunk roads, and "Four Good Rural Roads." Additionally, the plan urges civil aviation airports, high-speed railway stations, and bus terminals to strengthen cooperation with rental firms to facilitate parking and charging for rental vehicles.
Personnel Changes | Management Moves
Jiemian News: Geely Automobile announced in a filing to the Hong Kong Stock Exchange that An Conghui has been appointed as an executive director of the company, effective June 5, 2026. The appointment is part of Geely's long-term succession planning. The board stated that it will consider An's future role within the company in due course, based on corporate governance needs and following further review.
