
BMW Starts Sixth Generation Battery Production at 10 Billion Yuan Shenyang Hub
The German automaker plans to lift its local China manufacturing share to 95 per cent by 2030 as Neue Klasse EV deliveries begin in November.
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The German automaker plans to lift its local China manufacturing share to 95 per cent by 2030 as Neue Klasse EV deliveries begin in November.

The Chinese software developer will supply driver-assistance systems for electrified Peugeot and Jeep models across China, Europe and international markets.

Pre-sale pricing for the electric sedan starts at 119,900 yuan as the joint venture targets 500,000 annual sales by 2030.

Monthly retail sales of the battery sedan fell from a peak of 10,148 units in August 2025 to 928 units in August 2026, prompting quick configuration adjustments.

The 2027 model brings software and powertrain updates to Toyota’s entry coupe SUV, which currently starts at 129,800 yuan.

The mid-size electric vehicle carries an 800-volt charging architecture and CATL batteries ahead of an official showroom debut in September.

Chinese self-driving startup Momenta has raised $500 million in a Series C funding. This round of funding comes after GM invested $300 million in the startup. This means now Momenta is valued at over $ billion. Momenta’s product portfolio includes advanced…
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