EV demand powers Europe car market in May, Chinese rivals expand share

Demand for electrified cars continued to underpin growth in Europe's auto market in May, offsetting a sharp decline in ​petrol and diesel sales and allowing Chinese brands to ‌expand their footprint, data from the European Automobile Manufacturers' Association (ACEA) showed on Tuesday.

Reuters • Jun 23, 2026

Nio, XPeng, Li Auto, BYD, Polestar: Why are China EV stocks tumbling?

China EV stocks are in a strong freefall this year as investors remain pessimistic about their growth prospects. Nio stock slipped to $5 on Friday, down nearly 30% from its May high, and is hovering at its lowest level since March 9.

Invezz • Jun 22, 2026

Physical AI & Global Reshoring Beyond the Humanoid Hype

Humanoid robots may grab the headlines, but they represent just one small piece of a much larger opportunity in the physical AI ecosystem. Autonomous robots, drones, collaborative robots (cobots), and electric vertical takeoff and landing (eVTOL) vehicles are rapidly transitioning from conceptual hype to scaled industrial and defense deployments.

ETF Trends • Jun 22, 2026

EV prices in UK and EU not likely to dive due to Chinese rivalry, says Xpeng boss

Brian Gu says he sees Chinese car firms competing on quality rather than launching price war as at home

The Guardian • Jun 16, 2026

Should The U.S. Follow China's Auto Industry Playbook?

Big increases in China's auto exports including a doubling of global EV shipments last month underscore a truth that is lacking in U.S. discussion about the future of its own auto industry: Chinese cars “are not going away,” particularly EVs that “have better technology and better features at a better price,” according to long-time China business expert Ker Gibbs.

Forbes • Jun 15, 2026

XPENG X9 Tops Range and Charging Performance in World's Largest EV Test

——  11% above WLTP to 646 km and 12m55s charge secure double victory at NAF El Prix Summer 2026 AMSTERDAM, June 12, 2026 /PRNewswire/ -- The XPENG X9 recorded the largest positive deviation from WLTP range and the fastest charging time among all vehicles tested in the summer edition of El Prix 2026, the world's largest independent electric vehicle test organised by the Norwegian Automobile Federation (NAF) and Motor magazine. The seven-seater achieved the highest result among all 24 vehicles tested, delivering a leading 11.4% positive deviation versus its official WLTP range.

PRNewsWire • Jun 12, 2026

Xpeng boss to head robot unit with humanoid mass production imminent

The chief executive of Xpeng said on Wednesday he would personally lead the company's robotics business, as the Chinese ​electric vehicle maker — emerging as a frontrunner in humanoid ‌robotics among automakers — pushes toward mass production by year-end.

Reuters • Jun 10, 2026

China Auto Sales Stayed Weak in May

China's auto market weakened further in May, with rising oil prices denting demand for gasoline-powered cars and helping electric and plug-in hybrid vehicles capture a record share of new car sales.

WSJ • Jun 8, 2026

Chinese EVs may hit U.S. within a few years, one way or another

China has deliberately and aggressively expanded its EV footprint throughout Europe, the U.K., Asia and Australia, exporting millions of vehicles, building factories and widening supply chains. Despite tariffs, stringent regulations and fierce opposition from lawmakers and the American auto industry, there's a growing possibility that Chinese electric vehicles will be sold in the U.S. in the next few years.

CNBC • Jun 6, 2026

XPENG Invited to CVPR for the Third Time, Showcasing China's Advances in Physical AI to the World

DENVER, June 4, 2026 /PRNewswire/ -- XPENG (NYSE: XPEV, HKEX: 9868), a leading China-based high-tech company, kicks off its key presence at CVPR 2026 (The IEEE/CVF Conference on Computer Vision and Pattern Recognition). Dr. Xianming Liu, Head of General Intelligence Center at XPENG, spoke at the inaugural Workshop on Deployment of Foundation Models for Embodied AI (WDFM-EAI), sharing insights with global counterparts including Tesla, NVIDIA and Waymo.

PRNewsWire • Jun 4, 2026