Overview
- The National Development and Reform Commission and the Ministry of Finance issued a 2026 notice that explicitly backs automobile scrappage and trade‑ins to spur demand.
- The Commerce Ministry said 2025 trade‑ins benefited over 360 million consumer instances, drove more than 11.5 million vehicle swaps, lifted retail sales by over one percentage point, and saw NEVs near 60% of auto exchanges.
- Tesla confirmed in its 2025 year‑in‑review video that Cybercab production has begun, with Elon Musk previously indicating mass production would start around April 2026.
- Leapmotor reported 596,555 deliveries in 2025, up 103% year on year, while AITO logged over 57,000 deliveries in December and more than 420,000 for the full year.
- Pony.ai said its Robotaxi fleet surpassed 1,159 vehicles with driverless commercial operations across multiple major Chinese cities, and Chery denied reports of a signed cooperation with Dreame.