OEM Trend
Dongfeng Motor Group said in a Jan 13 filing to the Hong Kong stock exchange that its proposal to privatize the company via a merger by absorption, distribute shares of VOYAH, and cancel its listing status has obtained approvals, filings or registrations from the National Development and Reform Commission, the Ministry of Commerce and the State Administration of Foreign Exchange, along with other applicable government clearances related to the merger — meeting a key condition precedent. According to an earlier notice, VOYAH, a subsidiary of Dongfeng Motor Group, will list in Hong Kong by way of introduction, while Dongfeng Motor Group will complete its privatization and delist. The latest announcement added that the plan still requires a filing with the CSRC's Department of International Affairs for the listing by introduction, in-principle approval from the Hong Kong stock exchange, and other approvals needed for such a listing.
On Jan 13, AITO's 1 millionth vehicle rolled off the line at its manufacturing base. SERES Chairman Zhang Xinghai said on site that it took five years to reach the first 1 million AITO vehicles; the next 1 million, the brand aims to achieve within two years.
On Jan 13, GAC AION announced that since the all-new compact SUV AION i60 went on sale on Nov 16, 2025, cumulative sales have topped 10,000 units, making it the only dual-powertrain SUV in the 100,000-yuan segment to clear 10,000 first-month deliveries among peers.
Building on local production launched in Europe and Southeast Asia in 2025, XPENG plans in 2026 to form independently run, localized supply-chain teams in Europe and the ASEAN markets to support and deepen its overseas supply footprint and operations, speeding up response times and advancing its long-term strategy of "rooted locally, produced locally, supplied globally."
Supply Chain News
ECARX said it has secured a USD 45.6 million strategic investment from Zhejiang Geely Holding Group. Under the agreement, Geely Holding subscribed to newly issued Class A ordinary shares of ECARX at USD 1.67 per share, with a six-month lock-up. The deal comes just two months after ECARX agreed to a USD 150 million convertible notes investment with New York firm ATW Partners last November.
On Jan 13, at the sixth Battery Day event, SVOLT Chairman and CEO Yang Hongxin announced that SVOLT recorded its first-ever quarterly profit in the fourth quarter of 2025.
Zhenjiang Dongfang Electric Heating Technology said on Jan 13 via an investor Q&A platform that its share price is influenced by macroeconomic conditions, industry cycles and short-term market sentiment, and does not fully reflect the company's intrinsic value. In 2026, the company will, while consolidating its core business, actively expand into NEV thermal management, robot components, and solid-state battery equipment and materials — aiming for sustained operational improvement.
Huizhou SPEED Wireless Technology said on Jan 13 via an investor platform that its low-Earth-orbit satellite-communication antennas can be used in ground terminals such as mobile phones, automobiles and vessels, with current orders mainly for maritime applications.
Industrial Economy
Autonomous-driving concept stocks strengthened against the broader market on the afternoon of Jan 13, with Zhejiang Shibao hitting limit-up and Asia-Pacific Mechanical&Electronic, Nanjing Railway New Technology, Soling and HIACENT all jumping intraday.
Policy Situation
China Association of Automobile Manufacturers: China and the EU, adhering to the principle of mutual respect, have pursued continued dialogue and multiple rounds of consultations to steer the EV case toward a "soft landing," achieving significant progress. The European Commission issued "Guidelines on Submitting Price Undertaking Applications," making clear it will follow the basic principles of non-discrimination, objectivity and fairness, assess applications from Chinese auto exporters under WTO rules and unified standards, and allow eligible companies to adopt price undertakings in lieu of countervailing duties.
At a State Council policy briefing on Jan 13, the NDRC vice chairman outlined details of the Comprehensive Solid Waste Governance Action Plan. The plan clarifies the boundary of responsibilities between government and enterprises, upholds the "polluter pays" principle, and aims to prevent scenarios where companies profit but leave pollution costs to the government and public. Next, the NDRC will work with relevant departments to refine supporting rules, roll out management measures for the comprehensive utilization of NEV power batteries, revise the Catalog for Guiding Industrial Structure Adjustment, and intensify restrictions and phase-outs of outdated processes and equipment.
On Jan 13, the General Office of the Shanghai Municipal People's Government issued measures to boost the quality and efficiency of services and spur consumption. Among them: encourage financial institutions to develop products tailored to holiday, nighttime, nostalgia and anime subcultures, and run diverse card-spending promotions during shopping festivals. Implement interest subsidies for personal consumption loans. Streamline auto loan procedures, relax application requirements, and set reasonable disbursement ratios, terms and interest rates. Enrich green smart home and home-improvement credit offerings. Improve mobile payment services so foreign cards can be linked and used domestically. Promote securitization of retail loan assets such as personal consumption and credit-card loans to help activate existing credit.
Jiangsu Province released its "AI+ Action Plan," which calls for accelerating applications in autonomous driving. It urges faster R&D and deployment of large models in ADAS and autonomous systems, building an end-to-end data-driven algorithm framework, and advancing development of smart cockpits compatible with higher-level autonomous driving, while exploring an innovation platform for spatial intelligence and world models for autonomy. The plan also promotes vehicle–road–cloud integration pilots for intelligent connected vehicles, construction of smart roadside infrastructure, and networked recognition of traffic facilities with autonomous mode operations within designated zones.
Personnel changes
On Jan 13, Zhao Changjiang announced on Weibo that he has joined LUXEED. His verified profile lists him as executive director and executive vice president of the brand. He wrote on social media: "Today, bringing past experience and firm conviction about the future, I officially join Harmony Intelligent Mobility Alliance — LUXEED. Together with the team, I will build a truly user-centric, globally benchmark smart brand, and create a distinct 'AI-era user-friendly system' spanning product, service and experience."
On Jan 13, Hyundai Motor Group said in a statement that it has appointed Minwoo Park — a former executive involved in autonomous-driving R&D and commercialization at NVIDIA and Tesla — to head its Advanced Vehicle Platform (AVP) division, strengthening Hyundai's competitiveness in software-defined vehicles and autonomy-based vehicle software, and accelerating product development. Park will also serve as CEO of 42dot, Hyundai's subsidiary focused on autonomous driving technologies and other mobility platforms.
