Velotric

Chassis Supply Chain's "iPhone Moment": China's Tier 1 Shift as LeeKr Emerges

Over the past decade, China's electric vehicle (EV) industry has evolved from a niche experiment into a leading force in the global automotive landscape. In the first ten months of 2025, China exported over 2 million EVs, nearly double the year-earlier figure. From European city streets to Southeast Asian highways and Latin American urban centers, Chinese EVs have emerged as one of the most prominent symbols of a new era of “Made in China.”

From the Prime Minister’s New Car to Overseas Sales Surpassing Domestic: The New Supply Chain Battlefield Behind BYD's Southeast Asian Expansion

On March 25, 2026, in front of the Government House in Bangkok, Thailand, Prime Minister Anutin Charnvirakul set aside his previous Rolls-Royce limousine in favor of a BYD Sealion 7 electric vehicle.​Behind this eye-catching move lies a severe tremor in the global energy landscape: since the outbreak of conflict in the Middle East, shipping through the Strait of Hormuz has been seriously obstructed, delivering a massive blow to the global supply of fossil fuels.

BYD (比亚迪) Global Sales Surpass 320,000 Units in April; Overseas Share Climbs to Record High of 42%

On May 5, BYD (比亚迪 / 002594.SZ) released an official announcement disclosing its new energy vehicle (NEV) sales for April 2026, which reached 321,123 units. Although cumulative sales for the first four months of 2026 have surpassed the one-million mark (1,021,586 units), a structural year-on-year decline of 26.02% occurred due to the exceptionally high base set last year.

Changan Automobile's (长安汽车) Overseas Sales Share Exceeds 40% in April; Q1 Net Profit Under Pressure Reflects "Deep Water" Transformation Challenges

On May 5, Changan Automobile (长安汽车 / 000625) officially disclosed its production and sales data for April 2026. The announcement revealed that total deliveries reached 209,500 units, a slight year-on-year increase of 1.7%.

Geely (吉利汽车) Plans to Acquire Shop 3 of Ford’s Valencia Plant; New Model Codename "135" May Achieve Localized Production

On May 5, Spanish media revealed that Geely (吉利汽车) has reached an agreement with Ford to acquire the long-idle Body Shop 3 at the Almussafes plant in Valencia.