
ThinkerCar | Real-time China NEV data & insights | Empowering 200+ global clients with intelligence & consulting | [email protected]
Hong Kong
Joined February 2023
- Tweets15.1K
- Following57
- Followers8.1K
- Likes1.4K
Pinned Tweet
• #BYD leads with RMB 66.5B in revenue, despite its main brand's ATP being just RMB 123k. FCB (RMB 206k) and Denza (RMB 354k) complete its brand hierarchy.
• In the RMB 400k+ ATP segment, #NIO (RMB 449k), Luxeed (RMB 424k), and Aito (RMB 419k) lead. Notably, NIO and Aito each generate around RMB 28B in revenue, while Luxeed stands at RMB 10.6B.
• #Xiaomi posted RMB 27.4B in revenue at an ATP of RMB 271k, carving a strong niche in the RMB 200k–300k segment. Leapmotor took a volume-driven approach: an ATP of RMB 120k yielded RMB 25.7B in revenue.
• #BYD leads revenue by a wide margin with RMB 22.4B total and an ATP of RMB 123k; within the group, FCB sits at RMB 207k and Denza at RMB 361k, anchoring the mid-to-high-end segment.
• Top 3 by ATP: AITO RMB 459k, #NIO RMB 447k, Luxeed RMB 432k. #Huawei-affiliated brands show strong pricing power, while NIO’s pricing base remains solid.
• The RMB 250k–300k band is highly competitive, with Tesla at RMB 282k, #Xiaomi at RMB 276k, LiAuto at RMB 289k and others clustered in this range.
#BYD FCB's roadmap for two upcoming models:
➡️Tai 9: Officially launches after Nov 15. Display and test-drive units arrive at dealerships by late Oct, and inventory will be pre-stocked to minimize delivery waits.
➡️SHARK pickup: Follows immediately, with a simultaneous launch and delivery scheduled for late Nov to early Dec.
#BYD FCB officially released a set of official images of the Tai 9 in a black exterior color.
Average Transaction Price of New Car-making Brands in China, Q3 2026
• #NIO (RMB 449k), Luxeed (RMB 424k), and Aito (RMB 419k) lead in average transaction price. However, #LiAuto takes the revenue crown at RMB 30.1B, with its average price sitting mid-tier at RMB 305k.
• #Xiaomi proves its volume with RMB 27.4B revenue at a RMB 271k average, while #Leapmotor rakes in RMB 25.7B at just RMB 120k.
• #Huawei HIMA AITO: Average Transaction Price (ATP) surged by RMB 64k MoM, with the brand ranking first in both ATP and revenue among the brands.
• #NIO: ATP held at RMB 447k, flat MoM, showing a solid pricing base in the premium market.
• #LiAuto: A sharp contrast — ATP fell notably MoM, but a large sales base kept monthly revenue at No. 2.
• #Leapmotor: Low ATP but top-tier total revenue, driven by high volume.
A clear signal of Audi accelerating its localization push: Jeff Zhang is set to become Audi China's first-ever Chinese President.
Effective Nov 1, 2026, he will co-lead a newly streamlined Board of Management alongside Rolf Michl, who moves from Managing Director of Audi Sport to China COO.
The goal? A leaner structure to tackle a rapidly shifting market, new tech, and fierce rivals.
What does this localized leadership shift mean for Audi's future in China?
#Audi #AudiChina #AutoNews
Brand Sales Volume Rankings in the #European Market, Sep 2026
• #Volkswagen (118,816 units, -4.8%) bucked the market growth trend, while Toyota (78,319 units, +0.2%) and Skoda (76,891 units, +0.5%) held steady.
• #Tesla (66,035 units, +71.1%) surged to 7th place, missing the 4th spot by less than 1,000 units.
• #BYD (49,340 units, +102.3%) hit a record high in both rank (11th) and volume. The UK drove 52% of its Sep sales, where BYD ranked 2nd locally.
• Meanwhile, outside the Top 20, the real story is the explosive growth of other Chinese brands: Jaecoo (24,321 units, +156.6%), Omoda (15,415 units, +110.6%), Leapmotor (14,382 units, +324.2%), Chery (13,338 units, +688.8%), and Geely (10,500 units, +3610.2%).
The 3rd-gen #BYD Qin PLUS cabin is getting a much more refined and youthful look.
It adopts a minimalist new design language, featuring a two-spoke multi-function steering wheel, semi-concealed air vents, and soft ambient lighting.
Another set of official images for the 3rd-gen #BYD Qin PLUS is out—still exterior shots only.
Spy shots reveal the suspected #Leapmotor C18, slotting between the C16 and D19 as a mid-to-large SUV.
It features a minimalist C16-style front fascia with a roof-mounted LiDAR.
Inside, the front cabin remains largely identical to the current C16.
FREELANDER 8 (Chery × JaguarLandRover) large 5-seat deliveries begin Oct 31.
It officially launched Sep 3 with 6 trims in total—3 of which are large 5-seat versions.
#Chery #JLR
The 3rd-gen #BYD Tang's dealer invoice prices have surfaced at RMB 225,000 and RMB 240,000 for two RWD 850km trims. AWD versions are currently unavailable for dealers to order. The new model is set to launch in Q4.
The 3rd-gen #BYD Tang arrives next month. Here are the key specs.
L/W/H: 5045/1980/1740 mm, wheelbase: 2950 mm. Second-row legroom exceeds 1000 mm, and seatbacks recline up to 130°.
It packs DiSus-A dual-chamber air suspension and God’s Eye B ADAS. Max range reaches 850 km, making daily commutes and long trips effortless.
A 30-inch central display headlines the cabin, further elevating the overall interior quality.
#NIO's first battery swap station in Heihe is now installed. China's northernmost NIO battery swap station is set to go live soon.
The NIO battery swap network just keeps getting more comprehensive.
Chery's big global move: Luxeed heads overseas.
The Luxeed V9 will launch abroad as the "LLounge", dropping Huawei Qiankun ADS for Chery's in-house intelligent driving. It's an RHD version with noticeable exterior and interior changes.
Reportedly, the 3-phase rollout targets the Middle East, Southeast Asia, and Europe. The V9 leads the way, while the Luxeed RX will also head overseas as the "Stormax".
#Luxeed #Chery
2nd-gen #BYD Seagull
#BYD's 2nd-gen Seagull saw huge first-day demand on its Oct 20 launch.
Priced from RMB 62,900–96,900 (trade-in) across 5 trims, it received highly positive pricing feedback.
Despite some stores lacking display cars or dealing with external disruptions like construction, one store locked in 30 orders, while some other stores secured 10+ to nearly 20 orders.
Buyers prioritize flash charging and interior space the most.
With rivals like Galaxy Geome E22H, Leapmotor A10, and MG4 in the mix, do you think Seagull's flash charging and space give it the edge?
It's official: #BYD's Yangwang ultra-luxury executive sedan, codenamed HU, is confirmed to debut in the UAE.
It will pack unprecedented, disruptive tech.
What kind of game-changing tech are you expecting to see?
#NIO CEO William Li identifies two verifiable metrics for autonomous driving in its "second half."
Metric 1: Whether users are willing to pay for autonomous driving features.
▶️ If users are unwilling to pay, it hasn't truly created user value, regardless of technical claims.
▶️ NIO maintains a subscription model due to ongoing costs in service provision, model training, connectivity, and OTA updates. Without a revenue stream, the service is unsustainable.
▶️ Competition is shifting from feature demonstration to sustainable commercial validation.
Metric 2: Whether autonomous driving is significantly perceived as safer than human driving.
▶️ Safety must be quantifiable and perceptible.
• NIO's assisted driving has accumulated over 9.14 billion kilometers of mileage.
• NIO's assisted driving has logged over 112 million hours of usage.
• NIO's assisted driving has avoided or mitigated over 9.07 million accidents.
#BYD expects L3 conditional autonomous driving to enter mass production in 2028. Higher-level autonomous driving will follow 1-2 years later through iterative updates.
China Passenger Vehicle Retail Sales & Wholesale Volume – Oct 1–18
Retail Sales
• PV Retail Sales: 789k (-26% YoY, +2% MoM); YTD 14.1M (-22% YoY)
• NEV Retail Sales: 520k (-13% YoY, -2% MoM); YTD 8,278k (-13% YoY)
Wholesale Volume
• PV Wholesale Volume: 853k (-20% YoY, -3% MoM); YTD 20.6M (-6% YoY)
• NEV Wholesale Volume: 655k (+5% YoY, +1% MoM); YTD 12.1M (+9% YoY)
NEV Penetration: Retail 65.9% | Wholesale 76.8%
#CPCA #PassengerVehicle #WEEKLYVOLUME #NEV
China Passenger Vehicle Retail Sales & Wholesale Volume – Oct 1–11
Retail Sales
• PV Retail Sales: 459k (-24% YoY, +7% MoM); YTD 13.8M (-22% YoY)
• NEV Retail Sales: 281k (-13% YoY, -7% MoM); YTD 8,039k (-13% YoY)
Wholesale Volume
• PV Wholesale Volume: 385k (-18% YoY, -15% MoM); YTD 20.1M (-6% YoY)
• NEV Wholesale Volume: 301k (+6% YoY, -11% MoM); YTD 11.8M (+9% YoY)
NEV Penetration: Retail 61.2% | Wholesale 78.1%
#CPCA #PassengerVehicle #WEEKLYVOLUME #NEV
The new #BYD Han gets a fuller, rounder front fascia in a real-life shot. It features a full-width headlight cluster.
The new #BYD Han goes for a minimalist look in these spy shots.
It will offer three BEV and one PHEV variant. Sources say the new Han focuses on sportiness, larger dimensions, and long-range PHEV capability.

















































