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Chinese EV makers
Trends
- 1Geely and Nio Announce Deal as China's EV Sector ConsolidatesโTwo of China's EV Makers Announce a Deal as Auto Industry Moves Toward Consolidation https://www.nytimes.com/2026/09/28/
Two Chinese electric vehicle makers, Geely and Nio, have announced a deal, according to a New York Times report. The agreement is being read as a sign that China's crowded EV market, marked by intense price competition and thin margins, is entering a phase of consolidation, with weaker automakers expected to merge or be absorbed by larger rivals.
- 2
Chinese electric vehicle maker Leapmotor has passed 1,000 retail locations across Europe, marking a rapid expansion of its dealer network on the continent. The milestone underlines the company's push to scale up sales of affordable electric cars in Europe, backed by its partnership with Stellantis, and signals growing competition for established European and Asian EV brands.
- 3
German investors are asking whether it is worth buying into Chinese electric car maker BYD at current levels. A boerse.de analysis weighs whether the share is an attractive entry point now, as interest in BYD's stock performance and its position in the EV market grows among retail investors in Germany.
- 4Leapmotor Passes 1,000 Retail Locations in EuropeโผLeapmotor Now Has More Than 1,000 Retail Locations Across Europe
Chinese electric vehicle maker Leapmotor has surpassed 1,000 retail locations across Europe, a milestone in its rapid continental expansion. The company, backed by Stellantis, has been scaling its dealership network to boost sales of affordable electric models in European markets, intensifying competition with established automakers in the region's fast-growing EV segment.
- 5Nio Slides 4% as Geely Buys 30% Stake in Nio PowerโNio Slides 4% as Geely Takes 30% Stake in Nio Power Unit; XPeng Drops 4%, Tesla Slips
Shares of Chinese EV maker Nio fell about 4% after Geely took a 30% stake in Nio Power, Nio's battery swapping and charging unit. The deal gives Geely a significant holding in the power infrastructure business. XPeng also dropped around 4% in the same trading session, while Tesla shares slipped modestly, as weakness spread across EV-related stocks.
- 6
Chinese electric vehicle maker BYD plans to launch its first car powered by a solid-state battery in 2027. Solid-state batteries promise greater energy density, faster charging and improved safety over today's lithium-ion cells, and automakers worldwide are racing to bring them to market. BYD's timetable puts it among the frontrunners in the next generation of EV battery technology.