OEM Trend | OEM Trend
On April 6, Voyah unveiled six color options for the Taishan X8: Xuan Ying Black, Du Ruo White, Chen Xing Gray, Starlight Silver, Tourmaline Red, and Distant Mountain Blue. The Taishan X8 is expected to officially launch in the first half of 2026.
XPENG's exclusive Australian distributor, TrueEV, recently entered administration, sparking industry attention. XPENG responded that over the past two years of cooperation, it learned through various channels that TrueEV had suffered a broken capital chain and was taken over by financiers. The distributor had not purchased vehicles for over a year and failed to fulfill orders for 454 units. TrueEV also engaged in open commercial conflicts with local dealers, severely damaging the foundation of trust. Consequently, XPENG issued a notice of breach, terminating TrueEV's exclusive distributorship while retaining its agency status. TrueEV denies these operational issues and has instead filed legal claims against XPENG. An Australian court rejected its related injunction application on April 1. Looking ahead, XPENG aims to build itself into a tech brand in Australia over the next three years that is not only a technology leader but also trusted for user experience. Currently, XPENG is rapidly building a sales and service network, partnering with dealers who have deep local roots and prioritize user experience, while rolling out faster localized parts supply, logistics, and technical support systems.
BYD recently held a delivery ceremony for the 2026 Seal 06 GT in Shenzhen. Positioned as the "first GT for young people," the model features the second-generation Blade Battery and the latest flash-charging technology, with a price range of 128,900 to 169,900 yuan. Physical vehicles have arrived at dealerships in multiple cities nationwide, and the time from order to delivery has accelerated.
SAIC Motor recently stated on an investor interaction platform that starting this year, the company will gradually roll out mass-production models equipped with semi-solid-state batteries across its various brands, with specific arrangements to be announced by each brand. SAIC aims to achieve annual vehicle sales of 5 million units, operating revenue exceeding 700 billion yuan, and operating costs around 630 billion yuan.
Huawei Select Product Director (for the STELATO series), Peng Lei, revealed on Weibo that the technical upgrade of the STELATO Super Factory is entering its final stages. Once the technical revamp is complete, deliveries for users who ordered the STELATO S9/S9T will be accelerated immediately. The facility will also begin trial production of new SUV and MPV models.
Dongfeng Motor released its sales figures for March and the first quarter. For the month, Dongfeng Motor's estimated market share reached 8.23%, a recent high. In the first quarter, Dongfeng Motor sold 528,000 vehicles, up 12.3% year-on-year; new energy vehicle sales reached 210,000 units, a 52.3% increase; and overseas sales climbed 75.6% to 96,000 units.
Supply Chain News
BASF and Qiteng Robotics recently signed a memorandum of understanding in Shanghai. The two parties will deepen collaboration on the integration of the robotics and chemical materials industries, working together to drive intelligent upgrades and sustainable development in the chemical sector.
ECARX Holdings recently released its full-year financial results for 2025. The company achieved double-digit revenue growth for the year and turned a profit in two consecutive quarters—Q3 and Q4 of 2025—marking phased progress in its global layout and product commercialization. Financial data shows ECARX's total revenue for 2025 reached $847.9 million, a 10% year-on-year increase, with a gross profit of $161.3 million and a gross margin maintained at 19%.
Afari Technology recently released its 2025 annual report. The report shows the company achieved revenue of 9.999 billion yuan in 2025, up 42.13% year-on-year, driven primarily by increased sales in its automotive and motorcycle businesses. Net profit attributable to shareholders of the listed company reached 84 million yuan, surging 110.93%.
Industrial Economy
Data from the China Passenger Car Association (CPCA) shows that China exported 1.55 million vehicles in the first two months of 2026, a 61% increase from the same period in 2025. In February alone, exports reached 750,000 units, up 79% year-on-year but down 7% month-on-month, with overall trends remaining robust. New energy vehicle exports hit 320,000 units in February 2026, a 120% jump, while cumulative exports for January to February totaled 670,000 units—an 88% surge—demonstrating strong performance in the sector.
CPCA data indicates that the automotive industry generated 1.4824 trillion yuan in revenue in the first two months of 2026, down 0.9% year-on-year; costs stood at 1.3147 trillion yuan, up 0.2%, while profit fell 30% to 43.5 billion yuan. The industry's profit margin was 2.9%, remaining below the 5.8% average for downstream industrial enterprises.
Tianyancha data shows that Chengdu Intelligent Connected Vehicle Technology Development Co., Ltd. recently underwent a business registration change. Its registered capital increased from approximately 640 million yuan to 830 million yuan, a rise of about 31%, while Chengdu Jingkai Zhixing Private Equity Investment Fund Partnership (Limited Partnership) was added as a shareholder.
Policy Situation
The Qingdao Bureau of Industry and Information Technology, the Qingdao Development and Reform Commission, and seven other departments recently jointly issued the "Qingdao Automobile Industry Stable Growth Work Plan," clarifying development goals and key focus areas for 2026. The plan proposes stabilizing complete vehicle output in Qingdao at around 1 million units for 2026, with new energy vehicle production reaching 450,000 units, and further shoring up weak links in core supporting sectors such as the "three-electric" systems, automotive chips, and smart cockpits. In terms of projects, Qingdao will push forward the construction of 57 automotive industry projects worth over 100 million yuan each. The city will accelerate the production ramp-up of 16 completed projects from 2025—including FAW Forging, Jiefang Commercial Vehicles, and the Chery KD project—which involved a total investment of 14.2 billion yuan, aiming to add 12.8 billion yuan in output value in 2026. It will also advance 28 projects under construction with a total investment of 15.8 billion yuan; 27 are expected to be completed in 2026, adding 13.5 billion yuan in output value once fully operational.
