OEM News | OEM Trend
Gasgoo: On January 28, Great Wall Motor Chairman Wei Jianjun announced that the brand’s new flagship SUV will be named the V9X. Positioned as an AI-powered luxury six-seater, the vehicle is built on the "Guiyuan S" — the first high-end technology sequence under Great Wall's "ONE" — and integrates the automaker’s most advanced technologies.
Cailian Press: On January 28, Zotye Auto announced it expects a net loss of 281 million yuan to 417 million yuan for 2025, narrowing from a 1 billion yuan loss a year earlier. The red ink is largely due to legacy issues that have essentially halted production at its vehicle assembly unit. Even so, the company continues to shoulder necessary fixed costs—such as administrative and financial expenses—to maintain its basic operations and push for a production resumption.
Jiemian News: On January 28, Volvo Group released its fourth-quarter earnings report, reporting adjusted operating profit of 12.77 billion Swedish krona on net sales of 123.8 billion krona. The adjusted operating margin stood at 10.3%, with earnings per share reaching 4.73 krona.
Cailian Press: Jinhua Lingai Electronics has been established with a registered capital of 120 million yuan. Its business scope includes the manufacturing of electronic components, smart in-vehicle devices, and auto parts, as well as R&D for smart robots. The new entity is an indirect wholly-owned subsidiary of Leapmotor.
Gasgoo: Recently, Dongfeng Nissan’s new mid-to-large electric SUV, the NX8, rolled off the assembly line at its Huadu plant. The third model in the Dongfeng Nissan N series, it is built on the "Tianyan" architecture and offers both pure electric and range-extended powertrains. The vehicle is slated to hit the market between March and April.
Sina Tech: Audi China delivered 617,500 vehicles in 2025, reclaiming the top spot among luxury brands despite a 5% annual decline. That pressure—falling sales and shrinking per-vehicle margins—is taking a toll on its dealer network. Recently, FAW-Audi owners reported that the Kaifeng Jin'ao dealership appears to have shut down abruptly, leaving maintenance packages unusable and staff claiming unpaid wages. Incomplete data suggests that since late 2025, more than a dozen Audi dealerships have closed across regions including Guangxi, Jiangsu, Zhejiang, Tianjin, Guangdong, Shandong, and Anhui. Some collapsed due to poor performance, while others lost their franchise authorization and switched brands.
Supply Chain News
Gasgoo: Aptiv has named the core leadership for its Electrical Distribution Systems (EDS) spinoff: Joseph Liotine will serve as CEO of Versigent and join its board, while Douglas Ostermann becomes CFO. Additionally, the business is slated to complete its tax-free spin-off to shareholders on April 1, 2026, operating independently under the Versigent name. The new company will trade on the New York Stock Exchange under the ticker symbol "VGNT."
Gasgoo: On January 28, in the Taicang High-tech Zone, Jiangsu, Manteico’s smart cockpit components project officially commenced production. The new facility focuses on R&D and manufacturing. As automakers race to dominate the intelligent cockpit segment, the project is expected to reach an annual capacity of 2 million sets once fully operational.
Gasgoo: On January 28, Jidou Auto, Zhipu AI, and China UnionPay jointly launched a native in-cabin payment Agent at the Zhangjiang Moli Community in Shanghai’s Pudong district. Designed specifically for smart cockpits, the product reconstructs payment capabilities at the system level, aiming to carve out a new technical path for the in-vehicle service ecosystem.
Gasgoo: Recently, Nidec Motor (Dalian), a subsidiary of Nidec Group, following six years of R&D and hundreds of millions of yuan in investment, has launched two dedicated production lines for electro-mechanical brake (EMB) motors—the first within the group—with an annual capacity exceeding 2.5 million units.
Gasgoo: Recently, Shanghai Haoyi Automotive Technology completed construction on a new auto styling design center and physical model production base. The project, which totaled 120 million yuan in investment, will serve as a hub for the company’s core design operations, integrating R&D, styling, and manufacturing into one facility.
Industrial Economy
Cailian Press: Wind data shows that 1,201 A-share companies had released their 2025 earnings forecasts by 5:00 PM on January 27. Of those, 475 issued positive outlooks, and 107 expect full-year net profit to more than double. Sector-wise, non-ferrous metals, autos and parts, chemicals, and semiconductors are showing clear signs of recovery, with industry leaders posting particularly strong results.
Jiemian News: Tax data from the State Administration indicates that during the "14th Five-Year Plan" period, China solidified its lead in the new-energy vehicle supply chain, with manufacturing revenue growing at an average annual rate of 49.5%. Clean energy power generation—covering wind, solar, hydro, and nuclear—saw average annual revenue growth of 13.9%. In 2025 alone, green industries maintained momentum: NEV manufacturing revenue rose 14.3%, while clean energy power generation revenue climbed 17.3%, accounting for 38.5% of total power industry revenue—up 6.9 percentage points from 2021.
Policy Situation
Cailian Press: Dongguan has rolled out nine targeted measures, allocating a total of 150 million yuan to boost consumption through initiatives like the "Guangdong Quality Goods" campaign. Of that, 80 million yuan is earmarked for car purchase subsidies, offering up to 5,000 yuan per vehicle. Another 50 million yuan will subsidize home appliances and electronics, while 10 million yuan is set aside for "Spring Festival Consumption Red Packets" valid at malls and supermarkets. Additionally, 8 million yuan will fund dining vouchers.
Management Changes
Gasgoo: Recently, FAW Group held a meeting to announce leadership appointments. In a decision issued by the Organization Department of the CPC Central Committee, Zhang Xiaofan was appointed Standing Committee Member of the Party Committee and Deputy General Manager of FAW Group. The formalities for the appointment will be completed in accordance with relevant regulations.
