NIO delivered 109,178 vehicles in the third quarter (+25.4%) and BYD sold 1,323,065 (+18.7%). XPeng's 118,390 was up 2.1% and Li Auto's 99,964 up 7.2%. The growth came from NIO's premium brand and BYD's exports.
1 Oct 2026 · Analysis · 6 min
NIO, XPeng and Li Auto each delivered inside the third-quarter range they gave. NIO landed 39.3% of the way up its range, XPeng 56.5%, Li Auto 99.3%. All three set their ranges with part of the quarter already delivered.
1 Oct 2026 · Analysis · 6 min
Denza, Yangwang, ONVO, MONA, Zeekr, Lynk & Co, MG, Avatr. Most of the names arriving in Europe belong to seven groups, one of which also owns Volvo, and one phone company that owns no carmaker at all.
12 Sept 2026 · Deep dive · 10 min
XPeng's gross margin rose from 17.3% to 20.7% over a year in which its cars got less profitable, not more. Both numbers come from the same filing. Here is how that works.
12 Sept 2026 · Deep dive · 8 min
Group deliveries rose 14.5% in August. Inside that number the expensive brand doubled and the cheap one halved - which is the reverse of what the strategy called for.
12 Sept 2026 · Analysis · 5 min
The three drivetrains differ in how much of their fuel reaches the wheels, where their torque arrives, and how many parts they need to do it. The efficiency gap is the largest of the three, and the least discussed.
Updated 17 Sept 2026 · Explainer · 2 min
The connector on the car is a regional decision, not a technical one. What actually separates charging types is whether the conversion from alternating to direct current happens inside the car or inside the charger.
Updated 17 Sept 2026 · Explainer · 2 min
Three drivetrains sold under one word. The difference that matters is whether the engine can drive the wheels at all, and how much battery sits behind it.
Updated 17 Sept 2026 · Explainer · 2 min
The same car is rated for different ranges in Europe, China and the United States. The car does not change. The test does, and the gap between the numbers is large enough to change which car looks better.
Updated 17 Sept 2026 · Explainer · 3 min