NIO president Qin Lihong: the range-extender boom is fading and pure electric will pass 50 per cent within a year
In the first half of 2026, China’s car market moved through pressure and change at once. Domestic passenger-car registrations fell about 20 per cent year on year, even as close to 500 new models launched. With supply and demand out of step, a new car’s hot-selling window shrank sharply, and the average industry profit margin … Read more