1. All-New Audi RS 5 Unveiled, Plug-in Hybrid System Enhances Performance
On February 18th, Audi unveiled the all-new RS 5, offering sedan and Avant versions. The new car features a plug-in hybrid system consisting of an EA839evo PC3 engine and a rear-mounted electric motor, delivering a combined output of 470 kW, accelerating from 0 to 100 km/h in just 3.6 seconds, and boasting a pure electric range of 84 km. It is expected to launch in the summer of 2026.
2. BYD's First K-Car Model, RACCO, Reveals Interior Design, Targeting the Microcar Market
On February 17th, BYD unveiled the interior design of the RACCO, adopting an "ocean aesthetic" concept. It features a single-motor front-wheel drive system and a lithium iron phosphate battery, offering a WLTC range of 180 km. Its boxy shape and compact size (3395mm in length) target urban commuting scenarios.
3. Dongfeng Nissan Launches Four Models Covering the Gasoline, Plug-in Hybrid, and Pure Electric Markets
On February 24th, Dongfeng Nissan's spring launch event introduced the 15th generation Sylphy, the Teana S380 Master Edition with HarmonyOS cockpit, the N6 180 Pro+ Edition, and the N7 Youth Edition, focusing on the 100,000-200,000 RMB family car market, and announced multiple purchase benefits.
4. GAC Toyota Launches Wildlander AIR Edition with Discounted Price Starting at 137,800 RMB
On February 24th, GAC Toyota announced the launch of the Wildlander AIR Edition, featuring standard TSS 4.0 intelligent driving assistance system, a 14-inch central control screen, and other configurations. Orders placed will enjoy a cash discount of 22,000 RMB, further lowering the price range of joint venture SUVs.
5. XPeng Motors Announces Goal to Double Overseas Sales in 2026, Aiming for One Million Units
On February 24th, XPeng Motors CEO He Xiaopeng stated that the company will launch at least four new models overseas in 2026, aiming to double overseas sales to 90,000 units through six global models. The goal is to reach one million units by 2030, contributing over 70% of profits.
6. Tesla China Launches Limited-Time Financing Policy, Model 3 Monthly Payments as Low as 1759 Yuan
Tesla China announced that orders placed before March 31st for any model will enjoy a 7-year ultra-low-interest loan. The Model 3 starts with a down payment of 79,900 yuan, with monthly payments as low as 1759 yuan; the Model Y starts with a down payment of 79,900 yuan, with monthly payments as low as 2188 yuan, further lowering the barrier to entry for car buyers.
7. Great Wall Pickup Leads January Sales, Export Market Continues to Expand
Data from the China Passenger Car Association shows that in January 2026, Great Wall Pickup maintained its leading position with nearly 50% market share, while exports increased by 44% year-on-year. Brands like Changan and BYD are rapidly rising, creating a competitive landscape where the middle segment squeezes the rear.
8. BMW Group Deepens Cooperation with CATL to Promote Carbon Reduction in Power Batteries
On February 25th, during his visit to China, BMW Group Chairman Oliver Zipse signed a memorandum of understanding with CATL, aiming to collaboratively reduce the carbon footprint of electric vehicles throughout their lifecycle and promote sustainable supply chain development.
9. Jifox Launches Pre-sales of the New Alfa S5, Targeting Young Consumers
Jifox announced that the new Alfa S5 will begin pre-sales on March 1st and will be officially launched in mid-to-late March. The new car focuses on "aesthetics, intelligence, comfort, and power" as its core selling points, attempting to differentiate itself in the new energy coupe market.
10. Nissan Versa Replacement Enters Production, Focusing on Latin American Market
The all-new Nissan Versa has begun production at the A1 plant in Aguascalientes, Mexico, and will only be sold in Latin America (such as Mexico and Brazil). Previously, Nissan discontinued the Versa for the US market, replacing it with the Sentra for the entry-level sedan segment.
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