Multiple bystanders smashed windows and kicked open car doors with their bare hands—some even ended up bleeding—but despite their desperate efforts, all rescue attempts proved futile against the rapidly spreading flames. Early on the morning of October 13, an electric vehicle—reportedly a Xiaomi SU7 Ultra—caught fire after colliding on Tianfu Avenue in Chengdu, Sichuan. Bystanders bravely joined forces to try rescuing the occupants, yet they couldn’t manage to pry open the car doors. Footage captured by a nearby dashcam showed that traffic on the road was relatively light at the time of the incident. Shortly after overtaking a lead vehicle traveling at 104 km/h, the SUV-like electric car suddenly crashed into the barrier ahead.
440,000 vehicles! SAIC Group ended BYD’s streak of consecutive monthly sales victories in September 2025, reclaiming its position as the leader in China’s auto market with a significant lead. September 2025 marked a pivotal moment for China’s automotive industry, as SAIC Group shattered its own monthly sales record, surpassing 440,000 units—up more than 40% year-on-year and 21% from the previous month. This impressive performance allowed SAIC to regain the top spot in the industry, distancing itself from BYD by over 43,700 vehicles.
With four motors delivering over 1,000 horsepower, a 0-to-62 mph sprint in just 2.5 seconds, and a 122 kWh battery pack, Ferrari is using a powerful combination of moves to prove that even as the automotive world shifts toward electrification, the thrill of driving remains the very soul of this iconic Italian sports car brand.
Sanhua Intelligent Control, the global leader in thermal management, is making a stunning transformation—from an automotive parts supplier to a key player in robotics, thanks to Tesla's massive orders. In early October 2025, a video showcasing Tesla’s Optimus humanoid robot flawlessly performing intricate movements sent ripples of excitement through the global tech community. And behind this historic breakthrough lies the strong support of a Chinese company: Sanhua Intelligent Control.
This year, the 300 billion yuan of central funds allocated at the national level to support the trade-in program for consumer goods has been fully disbursed, injecting strong momentum into China's domestic consumer market. Recently, the National Development and Reform Commission, jointly with the Ministry of Finance, delivered the fourth batch of ultra-long-term special government bonds—worth 69 billion yuan—to local governments, further bolstering the initiative to encourage consumers to upgrade their appliances and vehicles.
Faced with slowing demand for luxury electric vehicles and a weakening Chinese market, German sports car manufacturer Porsche is reshaping its electrification roadmap—opting instead for a balanced approach that combines multiple powertrain options in parallel. Porsche AG recently announced that its Board of Management and Supervisory Board have reached a final decision on significant adjustments to the company’s medium- to long-term product portfolio. This strategic move signals Porsche will delay the launch of certain all-electric models while simultaneously extending the lifecycle of its internal-combustion-engine vehicles.
The Chengdu base project of Shangu Battery, a subsidiary of Geely Auto Group, has officially been signed into partnership. This strategic initiative, with an annual production capacity of 250,000 battery packs, will strengthen Geely’s supply chain presence in the western market while enhancing its cost competitiveness.
Li Auto has teamed up with Xinwandda to establish a joint venture battery company, aiming to develop its own 5C ultra-fast-charging batteries that will debut in vehicles next year. This marks a pivotal step for Li Auto in the battery sector, as the company leverages the joint-venture model to disrupt the traditional supply-chain landscape and build the "Li Auto Battery" brand.
U.S. automotive giant Ford has announced a new round of layoffs at its electric vehicle plant in Cologne, Germany, as the company reluctantly adjusts to weakening demand for EVs in the European market. Ford Motor Company stated that, due to persistently sluggish demand for electric vehicles in Europe, it will cut 1,000 jobs at its Cologne-based EV factory starting in early 2026.
After 21 years and seven failed attempts to launch an IPO, Chery Automobile has finally secured the "final push" into the capital markets. The veteran Chinese independent-brand automaker will officially begin trading on the Hong Kong stock exchange on September 25. On September 17, 2025, Chery Automobile Co., Ltd. (stock code: 09973.HK) officially kicked off its H-share IPO, offering 297 million H-shares at an issue price range of HK$27.75 to HK$30.75 per share.
BAIC and Huawei are upgrading their strategic partnership, investing 20 billion yuan over three years to reshape the luxury car market landscape. The collaboration between Huawei and BAIC is evolving from "technology adaptation" to "full ecosystem integration," as the two industry giants push beyond the traditional boundaries of automotive manufacturing and the tech sector, forging a new paradigm of industrial collaboration.
Yanfeng Automotive sets down roots in Changzhou, adding another powerful engine to the new-energy vehicle industry chain. In Luoxi Town, Changzhou, the sound of roaring machinery fills the Beijing Automotive Heavy-Duty Truck final assembly workshop, as production lines whir at high speed and workers remain tirelessly busy. Meanwhile, just a short distance away in Wujin High-Tech Zone, a signing ceremony is quietly taking place—marking a significant step in shaping the city's automotive industry strategy as it solidifies its position as the "New-Energy Capital."
