China Auto Daily丨Voyah launches Taishan X8 SUV starting at USD 41,000

Voyah Launches Taishan X8 Flagship SUV with Advanced Intelligence

On May 22, 2026, Dongfeng’s premium electric vehicle brand, Voyah, officially launched its flagship large five-seater SUV, the Voyah Taishan X8. The vehicle is available in five trims across plug-in hybrid electric vehicle (PHEV) and battery electric vehicle (BEV) formats. Following limited-time launch incentives, the final prices are ranging from RMB 282,900 (USD 41,000) to RMB 369,900 (USD 53,600). The Taishan X8 is equipped with an advanced 8-series Huawei Qiankun intelligent driving architecture featuring a four-Lidar hardware matrix. This layout integrates an industry-leading 896-line dual-optical-path image-grade Lidar system. Mechanical properties include a three-chamber air suspension layout integrated with continuous damping control (CDC) "Magic Carpet" software. For structural integrity, the SUV is engineered to meet the C-NCAP five-star rating and the CIASI 3.0 "Good+" crash safety evaluation benchmarks.

Geely Galaxy Xingyao 7MAX Hit the Market

Geely officially released the Galaxy Xingyao 7MAX mid-size sedan on May 22, introducing four variants with a limited-time promotional price range of RMB 98,800 (USD 14,300) to RMB 129,800 (USD 18,800). Positioned as a four-wheel-drive mid-size luxury hybrid sedan, it features an e-AWD intelligent electrical drive system generating a maximum output of 312 kW and a peak torque of 526 N·m, enabling a 0-100 km/h acceleration time of 5.4 seconds. The vehicle runs the G-Pilot H3 assisted driving program backed by 26 environment sensors to deliver highway Navigation on Autopilot (NOA).

SAIC-GM-Wuling Launched Wuling Bingo Pro at USD 8,200

Concurrently, SAIC-GM-Wuling launched the Bingo Pro compact EV, priced between RMB 56,800 (USD 8,200) and RMB 70,800 (USD 10,300). The vehicle features an 84.8% interior space utilization rate, a sunken trunk that expands to 1,370L, and a 50W air-cooled wireless smartphone charger. Offered in 330km and 403km liquid-cooled battery configurations, the Bingo Pro incorporates 3C fast-charging cells that can replenish the state-of-charge from 30% to 80% in 15 minutes, while supporting 3.3kW vehicle-to-load (V2L) power export capability.

CPCA Projects Stable Passenger Vehicle Delivery Trends for May

According to the latest retail market survey published by the China Passenger Car Association (CPCA) on May 22, leading automotive manufacturers—representing more than 70% of nationwide sales volume—have raised their monthly retail delivery targets by approximately 10% month-on-month. This upward movement aligns with standard seasonal purchasing patterns observed within the domestic market. Preliminary terminal dealership tracking calculations indicate that the total retail volume for the narrow passenger vehicle market in May will reach approximately 1.52 million units, reflecting a 9.9% month-on-month expansion. The new energy vehicle (NEV) sector continues to serve as the primary driver of overall market growth. Monthly NEV retail volume is projected to reach approximately 950,000 units, representing a 12.0% month-on-month acceleration. Based on these statistical projections, the domestic retail penetration rate for electrified vehicles will establish a new milestone at approximately 62.5%.

BAIC Launches BJ40 Extended Range Long-Endurance SUV

BAIC Off-Road officially released the BJ40 Extended Range Long-Endurance Edition on May 21. The rugged SUV carries an initial official guidance price range of RMB 179,800 (USD 26,100) to RMB 209,800 (USD 30,400). After factoring in national trade-in subsidies and manufacturer replacement incentives, the effective entry price drops to RMB 168,900 (USD 24,500). Positioned as a "Super Extended Range" intelligent off-road vehicle, it achieves a CLTC pure electric range of 252 km and a total comprehensive driving range of 1,300 km.

The off-road mechanical platform features a full-time four-wheel-drive architecture driven by front and rear dual electric motors, managing millisecond-level torque adjustments upon detecting wheel slip. The powertrain works in tandem with a central energy lock and mechanical differential locks on both the front and rear axles. According to BAIC technical specifications, this cross-axle locking configuration ensures that even if three wheels completely lose surface adhesion, the single remaining wheel with traction can receive effective torque output to complete recovery maneuvers.

NIO Reports Positive Adjusted Net Profit for First Quarter

On May 20, NIO Inc. released its financial report for the first quarter of 2026, announcing a total operating revenue of RMB 25.53 billion (USD 3.70 billion), a 112.2% year-on-year increase. The company's total gross profit reached RMB 4.86 billion (USD 700 million), reflecting a significant 428.4% year-on-year surge. NIO's consolidated gross margin stood at 19.0%, while its vehicle manufacturing margin reached 18.8%, marking four consecutive quarters of sequential improvement and setting a four-year high. Other sales margins also improved to a record 20.6%. In terms of profitability metrics, NIO recorded a non-GAAP adjusted operating profit of RMB 66.80 million (USD 9.70 million) after excluding share-based compensation expenses. The company's adjusted net profit reached RMB 43.49 million (USD 6.30 million), representing the company’s first transition into positive non-GAAP profitability in recent fiscal years.

(Exchange rate: RMB 6.9 = USD 1)