EV insurers edge toward profitability as premiums rise and AI improves claims efficiency

China’s electric vehicle insurance market is showing signs of financial recovery after years of heavy underwriting losses, as insurers adjust premium structures and deploy artificial intelligence tools to refine pricing and streamline claims processing. Mainland insurers collectively recorded losses of about 5.7 billion

How China’s EV Battery Ecosystem Is Redrawing Global Supply Chain Power

China’s electric vehicle battery ecosystem has become one of the most strategically significant industrial networks in the global economy. While consumer attention often focuses on vehicle brands and sales figures, the deeper shift is occurring within the battery supply chain itself. From raw

China EV Sales Slow as Rising Battery Costs Push Drivers Toward Hybrids

China’s electric vehicle market is entering a more cautious phase in 2026 as higher battery prices and the gradual withdrawal of purchase incentives reshape consumer preferences. After several years of rapid growth led by battery electric vehicles, momentum is softening as cost sensitive

Geely Geome Xingyuan and BYD Qin Plus Lead China EV Rankings Amid Market Slowdown

China’s electric vehicle market closed 2025 with overall growth, but December figures signaled cooling momentum across both battery electric vehicles and plug in hybrids. While total annual volumes remained strong, the final month of the year suggested that competition and softer demand could

Polestar Refresh Strategy Targets 100,000 Sales as Europe Becomes Core Growth Market

Electric vehicle maker Polestar is turning to refreshed versions of its existing models in a bid to conserve cash and strengthen its position in Europe, as competitive pressures and tariff uncertainty weigh on the broader EV market. The company plans to roll out

CATL Sodium Ion Advance and Tesla AI Hub Highlight China EV Shift

China’s electric vehicle sector continues to evolve at high speed, with fresh developments in battery chemistry, pricing policy and autonomous driving reshaping the competitive landscape. Recent moves by leading manufacturers and regulators signal a new phase of consolidation and technological acceleration across the

Canadian Consumers Show Growing Openness to Chinese EVs as Tariffs Ease

A shift in Canadian trade policy toward Chinese electric vehicles is being met with changing consumer attitudes, as new polling suggests that many Canadians are increasingly open to purchasing lower cost EVs from China. Recent survey data indicates that 53 percent of Canadians

SAIC Backed JSW MG Motor to Invest Up to 440 Million Dollars to Expand India Operations

JSW MG Motor, the Indian joint venture between China’s SAIC Motor and India’s JSW Group, plans to invest up to 440 million dollars over the next few years to expand its manufacturing footprint and accelerate its push into hybrid and electric vehicles, according

BYD and Geely Compete for Mexico Auto Plant as China Eyes Latin American Expansion

Chinese automakers are intensifying efforts to secure a manufacturing foothold in Mexico, with BYD and Geely emerging as finalists to acquire a shuttered Nissan Mercedes Benz joint venture plant in Aguascalientes, according to sources familiar with the matter. The move signals a potential

Chinese Carmakers Shorten Supplier Payment Cycles as Beijing Tightens Oversight of Price War

Major Chinese car manufacturers have significantly reduced the time they take to pay suppliers, following stronger regulatory scrutiny from Beijing over aggressive pricing practices in the country’s highly competitive auto market. An industry body said payment cycles that once stretched close to a