Plugin vehicles took 63% of China's car market in June. The restructuring is not coming—it arrived.
June data show plugin electric vehicles captured a record 63% share of the Chinese auto market as internal combustion engine sales collapsed 42% compared with a year prior. BYD, Geely, and Li Auto drove the gains.
Hyundai's battery facility in Bryan County, Georgia held its opening ceremony this week—the largest single EV battery manufacturing investment in US history—with annual capacity to supply cells for approximately 300,000 electric vehicles.
Polestar confirmed it will not contest the import ban following its loss in a trade dispute, saying an appeal has no viable path. US dealers are left holding vehicles they cannot sell or service under warranty.
Xpeng's L03 SUV-coupe went on sale in Germany and several European markets at €34,990—roughly €3,500 cheaper than a comparable Model Y—with FSD-like autonomous capability and integrated Google Maps. Deliveries are scheduled for Q4 2026.
Engineering documentation shows the Cybercab robotaxi includes an integrated Starlink low-earth-orbit satellite antenna, enabling connectivity independent of cellular networks for its remote-operation fallback. The placement appears in official cutaway diagrams.
Ford's unnamed mid-size electric pickup was photographed charging at a Tesla Supercharger, confirming NACS port adoption and a starting price around $30,000. Expected as a 2027 model, it will slot below the F-150 Lightning.
Tesla inaugurated its first public Megacharger location capable of delivering 1.2 megawatts per stall, designed for the Semi electric truck—the first public high-power charging infrastructure purpose-built for Class 8 electric vehicles.