Yu Cong
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Articles by Yu Cong
China’s Passenger Car Sales Fall 27% as Exports Rise 69%
BUSINESS By Yu Cong Published: Nov. 10, 2026 11:24 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Vehicles await loading for export at the Dongfang terminal of Lianyungang Port in Jiangsu province, Nov. 10, 2026. Photo: VCG China’s domestic passenger car retail sales fell 27.1% in October from a year earlier, while exports rose 68.5%, highlighting the widening gap between demand at home and abroad.
Michelin Touts Lifetime Savings as Chinese Tiremakers Move Upmarket
BUSINESS By Yu Cong Published: Nov. 10, 2026 1:58 a.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Michelin displays a tire with a high proportion of renewable and recycled materials in Shanghai on Nov. 8, 2026. Photo: VCG French tiremaker Michelin says lower costs over a tire’s lifespan could help its premium products remain competitive as Chinese rivals move upmarket.
In Depth: Leapmotor Sees Sales Accelerate, but Profits May Stall in a Saturated Market
BUSINESS By Yu Cong and Ding Yi Published: Oct. 30, 2026 2:00 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Once a mere blip on the global automotive radar, Zhejiang Leapmotor Technology Co. Ltd. has engineered one of the most remarkable ascents in China’s fiercely competitive new energy vehicle (NEV) sector.
Mercedes-Benz Passenger Car Profit Falls 51% as China Sales Slump
BUSINESS By Yu Cong Published: Oct. 29, 2026 10:53 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version A Mercedes-Benz passenger car production plant in Baden, Germany. Photo: VCG Mercedes-Benz Group AG’s passenger-car business reported a nearly 51% decline in third-quarter adjusted operating profit as weaker demand and intense competition in China weighed on earnings.
Great Wall Motor Plans Assembly in Bulgaria in Renewed European Push
BUSINESS By Yu Cong Published: Oct. 29, 2026 11:38 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Great Wall Motor’s factory opens in São Paulo, Brazil, on Aug. 15, 2025. Photo: VCG Great Wall Motor Co. Ltd. plans to begin assembling vehicles at an existing plant in Bulgaria in the first quarter of 2027, renewing its effort to establish production in Europe after earlier setbacks.
China Passenger Car Sales Forecast to Fall 22% in 2026
BUSINESS By Yu Cong Published: Oct. 28, 2026 12:41 a.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Domestic retail sales fell 21.7% year-on-year to 13.3 million vehicles in the first nine months of 2026, CPCA data show.
Audi Splits China Brands Between JV Partners to Curb Internal Competition
BUSINESS By Yu Cong Published: Oct. 27, 2026 7:04 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Photo: VCG Audi AG is splitting its China operations between two joint-venture partners, assigning its traditional four-ring brand to China FAW Group Co. Ltd. and its new letter-logo electric-only AUDI marque to SAIC Motor Corp.
China’s Auto Market Hits Autumn Chill as Buyers Retrench
BUSINESS By Yu Cong Published: Oct. 13, 2026 10:54 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Consumers look at vehicles at an auto delivery center in Chongqing on Oct. 1, 2026. Photo: VCG China’s domestic passenger car retail sales tumbled 28% year-on-year in September to 1.62 million vehicles, marking the steepest monthly decline of the year as the industry’s traditional peak season failed to materialize.
China to Cut Export Tax Rebate for New-Energy Vehicles
BUSINESS By Yu Cong Published: Oct. 12, 2026 11:47 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version New-energy vehicles for export gather at a terminal of Lianyungang Port's Oriental Port branch in Jiangsu province on Oct. 12, 2026.
China Proposes Stricter Testing Rules for New Car Designs
BUSINESS By Yu Cong Published: Oct. 12, 2026 3:31 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Workers inspect new-energy vehicles about to roll off the production line in Wuhu, Anhui province, on July 22, 2026.
FAW-GAC deal tests a new path for China’s auto consolidation
People visit the booth of carmaker GAC Group at the Beijing International Automotive Exhibition (Auto China) in Beijing, China, 24 April 2026.(Tingshu Wang/Reuters) (By Caixin journalists Zhai Shaohui, Yu Cong and An Limin) A long-discussed restructuring between state-owned carmakers China FAW Group Co. Ltd. and Guangzhou Automobile Group Co. Ltd. (GAC) has shifted into a higher gear.
In Depth: FAW-GAC Deal Tests a New Path for China’s Auto Consolidation
Once the transaction is completed, FAW Co. Ltd. will become GAC’s second-largest shareholder. GAC will remain under the effective control of Guangzhou’s state-owned assets authority. FAW’s stake in GAC could range from 10% to 20%, while GAC’s ownership interest in FAW Toyota could be below 25%, according to China Automotive Strategy and Policy Research Center (CASPRC) estimates.
Cover Story: FAW-GAC Deal Tests a New Path for China’s Auto Consolidation
BUSINESS By Zhai Shaohui, Yu Cong and An Limin Published: Sep. 28, 2026 3:56 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version The proposed deal could deepen ties between the two state-owned carmakers while offering policymakers a market-oriented model for restructuring the industry. A long-discussed restructuring between state-owned carmakers China FAW Group Co. Ltd. and Guangzhou Automobile Group Co. Ltd.
China Aims for NEVs to Account for 70% of New Car Sales by 2030
BUSINESS By Yu Cong Published: Sep. 14, 2026 11:54 a.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Photo: VCG The Chinese government has issued a five-year development plan for the intelligent-connected new-energy vehicle (NEV) industry, setting a target for NEVs to account for 70% of new passenger car sales by 2030.
In Depth: China’s Auto Export Boom Spurs Push to Manufacture Overseas
BUSINESS By Yu Cong, Lu Yutong and Ding Yi Published: Sep. 11, 2026 7:16 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version China’s auto export engine was in overdrive in August, shipping more than 1 million vehicles for a third straight month. The momentum is fueling expectations that full year exports will hit 10 million cars.
China’s Auto Exports in First Eight Months Surpass 2025 Total
BUSINESS By Yu Cong Published: Sep. 11, 2026 6:19 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version China shipped about 7.2 million vehicles overseas in the first eight months of 2026, surpassing its total auto exports for all of 2025.
China GT Boycotted After Fiery Crash
BUSINESS By Yu Cong Published: Sep. 9, 2026 5:23 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Dutch racer Loek Hartog uses a fire extinguisher on Millroy’s Ferrari as a blaze rages. A fiery crash at the China GT Championship in Shanghai has triggered a boycott by racing teams and a public backlash over the organizers’ delayed emergency response.
China’s Passenger Car Sales Slump 24% in August
BUSINESS By Yu Cong Published: Sep. 9, 2026 7:10 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Photo: VCG Retail sales of passenger cars in China plummeted 23.6% year-on-year in August, marking the second-sharpest monthly decline this year as the market showed no signs of a sustained recovery.
Nio Extends Profit Streak as Deliveries and Margins Rise
BUSINESS By Yu Cong Published: Sep. 3, 2026 2:34 a.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version A Nio showroom in Nanjing, Jiangsu province, on Aug. 17, 2026. Photo: VCG Chinese electric vehicle maker Nio Inc. posted its third consecutive quarter of adjusted profitability in the second quarter, buoyed by surging sales of its high-margin premium models.
Horizon Robotics’ Losses Widen as R&D Spending Stays High
BUSINESS By Yu Cong Published: Sep. 2, 2026 3:31 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Horizon Robotics initially focused on selling semiconductors before extending its core business into intelligent-driving systems.
Beijing Tells Carmakers to Curb Price Wars, Strengthen Overseas Compliance
BUSINESS By Yu Cong Published: Sep. 2, 2026 11:23 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Visitors view BYD electric vehicles at an auto show in Bangkok, Thailand. Photo: VCG China has issued new guidelines urging its automakers to avoid disruptive price wars and comply more strictly with local rules as they expand overseas.
Regulators Call Out BYD, Geely Over Production Flaws
BUSINESS By Yu Cong Published: Aug. 31, 2026 11:21 a.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Cars move through a production line at a Geely factory. Photo: IC Photo China’s industry regulator has called out leading domestic automakers Geely Automobile Holdings Ltd. and BYD Co. Ltd. for failing to meet production standards in two of their most popular electrified models.
China Launches Yearlong Auto Safety Review Amid Intensifying EV Competition
BUSINESS By Yu Cong Published: Aug. 28, 2026 3:18 a.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Workers perform assembly tasks at a welding plant in Jimo, Qingdao, on Aug. 18. Photo: VCG Four Chinese government departments on Thursday launched a yearlong nationwide campaign to examine the production consistency and safety of motor vehicles.
Leapmotor Slashes 2026 Profit Target Despite Sales Surge
BUSINESS By Yu Cong Published: Aug. 25, 2026 2:21 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Leapmotor showcases its new-energy vehicles at an auto show in Guangzhou, Guangdong province, on May 1, 2026. Photo: VCG Zhejiang Leapmotor Technology Co. Ltd. slashed its full-year profit target by 40% even as first-half net profit surged, underscoring the intense pressure in the world’s largest auto market.
In Profile: How Leapmotor’s Media-Shy Founder Overtook China’s Flashiest EV-Makers
BUSINESS By Yu Cong Published: Aug. 19, 2026 2:11 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Leapmotor founder and CEO Zhu Jiangming attends an industry event in Munich, Germany, on Sept. 8. Photo: VCG Zhejiang Leapmotor Technology Co. Ltd. is a veteran among China’s army of electric vehicle (EV) startups.
China NEVs Top 60% of New-Car Sales as Exports Offset Domestic Slump
BUSINESS By Yu Cong Published: Aug. 14, 2026 3:21 a.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Prospective buyers check out new-energy vehicles at the 2026 Shanghai International Low Carbon and Smart Mobility Exhibition in Shanghai on July 3, 2026.
China’s Car Sales Slump Pushes Automakers Deeper Overseas
Published: Aug. 12, 2026 2:59 p.m. GMT+8 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x China's passenger car market remains under pressure in July. Photo: VCG China’s passenger-car market remained under pressure in July, pushing automakers to rely on overseas sales to offset weakness at home. Domestic retail passenger-vehicle sales dropped 20.9% year-on-year in July to 1.46 million units, the China Passenger Car Association said Tuesday.
China’s Car Sales Slump Pushes Automakers Deeper Overseas
BUSINESS By Yu Cong Published: Aug. 12, 2026 2:59 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version China's passenger car market remains under pressure in July. Photo: VCG China’s passenger-car market remained under pressure in July, pushing automakers to rely on overseas sales to offset weakness at home.
Computer Science > Machine Learning
Forward and inverse modeling of parametric dynamical systems requires surrogate models that are not only accurate for state prediction, but also informative for parameter calibration. However, a systematic end-to-end differentiable formulation for coupling deep-learning-based reduced-order surrogates with variational parameter estimation remains underdeveloped.
Chinese Auto Brands Gain Ground in Australia as EV Sales Jump
BUSINESS By Yu Cong Published: Aug. 7, 2026 12:02 a.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version The BYD booth at the media preview of the 2026 Melbourne Motor Show in Melbourne, Australia, on April 10, 2026. Photo: VCG Battery-powered electric vehicle sales in Australia more than tripled from a year earlier in July, driven in part by volatile gasoline prices and lifting Chinese automakers into the upper ranks of the market.
Analysis: As Trade-In Subsidies Fade, China Bets on Services to Keep Consumers Spending
BUSINESS By Feng Yiming and Yu Cong Published: Aug. 5, 2026 6:11 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version A sweeping national trade-in subsidy program has been a vital engine driving consumption in China. Now, as the policy enters its third year and begins to scale back, the government is searching for new ways to sustain growth momentum.
Xiaomi Unveils New Extended-Range EVs Amid Cooling Market
BUSINESS By Yu Cong Published: Jul. 31, 2026 11:32 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version A SkyNomad model is on display at a Xiaomi store in Dongguan, Guangdong province, on July 30, 2026. Photo: VCG China’s Xiaomi Corp. unveiled two new extended-range hybrid vehicles on Thursday, pushing into a shrinking segment of the world’s largest auto market.
China’s Trade-In Program Sales Drop as Stimulus Effect Fades
BUSINESS By Feng Yiming and Yu Cong Published: Jul. 24, 2026 3:30 a.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Consumers shop for smart home appliances at a local trade-in promotional event in Qingzhou, Shandong province, on May 1, 2026.
Foreign Carmakers Turn China Joint Ventures Into Export Bases
BUSINESS By Yu Cong Published: Jul. 24, 2026 1:34 a.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Nearly 1,000 Zhengzhou Nissan Frontier Pro pickups were recently exported from the Port of Shanghai to the Latin American market.
Too Many Similar Cars Are Hurting China’s Auto Sales
BUSINESS By Yu Cong Published: Jul. 23, 2026 6:21 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Photo: VCG China’s auto market is suffering from severe product homogenization after automakers flooded the sector with more than 500 new models in the first half of 2026, said an industry expert.
Honda, GAC Renew China Venture Through 2038 Amid Sales Decline
BUSINESS By Yu Cong Published: Jul. 21, 2026 4:41 a.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Founded in July 1998, the venture with GAC was Honda’s first vehicle manufacturing operation in China. Photo: VCG Honda Motor Co. and Guangzhou Automobile Group (GAC) extended their auto joint-venture agreement by 10 years to 2038, preserving their 50-50 ownership structure.
Cover Story: Europe Fortifies Against China’s New Export Juggernaut
ECONOMY By Lu Yutong, Yu Cong, Bao Yunhong and Qu Yunxu Published: Jul. 20, 2026 4:01 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version The EU has unleashed tariffs and subsidy probes to blunt competition from Chinese advanced manufacturing and e-commerce giants. A blistering summer heatwave has emptied European store shelves of Chinese portable air conditioners.
BYD Hires Ex-Hungarian Foreign Minister Who Backed Hungary Push
BUSINESS By Yu Cong Published: Jul. 17, 2026 12:40 a.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Former Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó.
Hainan’s 2030 Fossil Fuel Vehicle Ban Tests Road Funding Model
BUSINESS By Yu Cong Published: Jul. 16, 2026 2:44 a.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Visitors look at a new-energy SUV at an auto show in Haikou, China, July 9, 2026. Photo: VCG China’s southern island province of Hainan has reaffirmed its plan to ban sales of fossil-fuel-powered vehicles by 2030, sharpening debate over how to fund road maintenance as fuel-tax revenue declines.
In Depth: How Mercedes, BMW and Audi Hope to Win Back China
BUSINESS By Yu Cong and Ding Yi Published: Jul. 10, 2026 6:55 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version For decades, Germany’s luxury car triumvirate — Mercedes-Benz Group AG, BMW AG and Audi AG — reigned supreme in China, leveraging their mastery of the internal combustion engine to lock down the high-end segment of the world’s largest car market. However, their dominance has faded fast.
Chinese Driverless Mining Truck Specialist Surges on Hong Kong Debut
BUSINESS By Yu Cong Published: Jul. 10, 2026 3:26 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Eacon lists on the main board of the Hong Kong Stock Exchange on July 8. Photo: VCG Chinese driverless mining truck developer Eacon Group Co. Ltd.
China’s Monthly Auto Exports Top 1 Million Vehicles for First Time
BUSINESS By Yu Cong Published: Jul. 10, 2026 2:36 a.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Electric vehicles wait for export at an international auto trade port in Hangzhou. Photo: VCG China’s monthly auto exports topped 1 million units for the first time in June, as automakers stepped up overseas shipments amid intensifying pressure at home.
China’s Monthly Auto Exports Top 1 Million Vehicles for First Time
BUSINESS By Yu Cong Published: Jul. 10, 2026 2:36 a.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Electric vehicles wait for export at an international auto trade port in Hangzhou. Photo: VCG China’s monthly auto exports topped 1 million units for the first time in June, as automakers stepped up overseas shipments amid intensifying pressure at home.
China’s Passenger Car Sales Slump as Automakers Race Overseas
BUSINESS By Yu Cong Published: Jul. 9, 2026 4:44 a.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version In June alone, retail sales of passenger cars fell 23.2% year-on-year to 1.6 million units. Photo: VCG Retail sales of passenger vehicles on the Chinese mainland fell 20.2% year-on-year in the first half of 2026 to 8.7 million units, as domestic demand weakened across all powertrains.
China’s Passenger Car Sales Slump as Automakers Race Overseas
BUSINESS By Yu Cong Published: Jul. 9, 2026 4:44 a.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version In June alone, retail sales of passenger cars fell 23.2% year-on-year to 1.6 million units. Photo: VCG Retail sales of passenger vehicles on the Chinese mainland fell 20.2% year-on-year in the first half of 2026 to 8.7 million units, as domestic demand weakened across all powertrains.
Malaysia Blocks Low-Cost EV Imports, Hitting Chinese Automakers
BUSINESS By Yu Cong Published: Jul. 3, 2026 4:12 a.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version The Kuala Lumpur International Motor Show in Malaysia. Photo: IC Malaysia imposed stringent new import thresholds for fully assembled electric vehicles on Wednesday, a move that effectively blocks budget models from leading Chinese manufacturers including BYD Co. Ltd.
China Auto Exports Expected to Near 10 Million in 2026 Amid Overseas Push
BUSINESS By Yu Cong Published: Jul. 2, 2026 3:32 a.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version A roll-on/roll-off vessel loads vehicles for export at a berth in Lianyungang, Jiangsu province, on July 1, 2026. Photo: VCG China’s auto exports are expected to approach 10 million vehicles in 2026, up from 7.1 million in 2025, according to an annual global automotive market outlook released June 30 by consulting firm AlixPartners.
China Auto Exports Expected to Near 10 Million in 2026 Amid Overseas Push
BUSINESS By Yu Cong Published: Jul. 2, 2026 3:32 a.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version A roll-on/roll-off vessel loads vehicles for export at a berth in Lianyungang, Jiangsu province, on July 1, 2026. Photo: VCG China’s auto exports are expected to approach 10 million vehicles in 2026, up from 7.1 million in 2025, according to an annual global automotive market outlook released June 30 by consulting firm AlixPartners.
BMW Cuts 2026 Profit Forecast as China Slump Deepens
BUSINESS By Yu Cong Published: Jun. 18, 2026 4:02 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version A BMW vehicle on display at the Beijing auto show on April 30. Photo: VCG BMW Group has lowered its 2026 earnings forecast, warning of a significant drop in profit as weak demand in China and higher energy costs linked to the Middle East conflict weigh on earnings.
China Aims for New-Energy Heavy Trucks to Reach 40% of Sales by 2030
BUSINESS By Yu Cong Published: Jun. 17, 2026 12:47 a.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version A charging station for new-energy heavy-duty trucks. Photo: VCG China has set a target for new-energy heavy-duty trucks to reach 40% of new heavy-truck sales by 2030, as Beijing steps up efforts to decarbonize the transport sector.
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