1.Changan Partners with EHang for Flying Cars

Changan and EHang have entered into a collaboration to develop applications for the low-altitude economy. The partnership aims to commercialize flying cars and EHang's autonomous passenger-carrying eVTOL products for consumer markets.

2.GAC Honda Launches New Energy Vehicle Plant

On December 23, GAC Honda's Development Zone NEV factory officially began operations. The facility is designed with an annual production capacity of 120,000 vehicles.

3.Gotion High-Tech to Build EV Battery Factory in Slovakia

According to reports, Gotion High-Tech plans to establish its second European factory in Surany, Slovakia. The facility will be completed within three years, with an initial lithium-ion battery production capacity of 20 GWh annually.

4.Major Personnel Reshuffle at FAW Group

FAW Group is undergoing a significant personnel adjustment, currently in the public notice phase. Key changes include leadership roles in FAW-Volkswagen, FAW-Audi, FAW Liberation, and its flying car project.

5.SAIC Volkswagen Plans Domestic Market Comeback

SAIC Volkswagen is preparing a domestic market "comeback" in 2026. The company is reportedly developing three China-specific models, including one electric vehicle and two hybrid vehicles.

6.Porsche to Reevaluate EV Strategy

Due to slower EV adoption in Europe and the U.S., coupled with declining sales in China, Porsche is reportedly reassessing its goal to have 80% of sales come from EVs by 2030.

7.Lynk & Co Z20 Launched Starting at RMB 135,900

The Lynk & Co Z20 compact electric SUV has officially launched with three variants priced at RMB 135,900 to 150,900 during a limited-time promotion.

8.Honda and Nissan Announce Merger Talks

Honda and Nissan have signed an MoU to begin merger discussions. Over the next six months, they will negotiate forming a holding company, aiming to complete the merger by August 2026. The new entity would become the world's third-largest automaker.

9.Stellantis Reverses Ohio Layoff Plan

Stellantis has decided to withdraw plans to lay off approximately 1,100 workers in Ohio. The reversal follows the sudden resignation of former CEO Carlos Tavares three weeks prior.

10.Volkswagen Reaches Agreement with Union on Cost-Cutting

Volkswagen has agreed with its labor union on a cost-cutting plan that includes laying off over 35,000 employees. The union emphasized that no factories would be closed as part of the effort to address excess capacity.