1. BYD enters the humanoid robot market. 2. Sinopec and BYD sign a cooperation framework agreement to promote multi-level industrial and capital joint ventures and cooperation. 3. China Passenger Car Association (CPCA): Retail sales of new energy p

2026-06-04

1. BYD enters the humanoid robot market. 2. Sinopec and BYD sign a cooperation framework agreement to promote multi-level industrial and capital joint ventures and cooperation. 3. China Passenger Car Association (CPCA): Retail sales of new energy passenger vehicles in China reached 974,000 units in May, a year-on-year decrease of 5%. 4. Cui Dongshu of the CPCA: The traditional road tax system, which relies on fuel consumption, has shown significant structural imbalance. 5. In April, automobile exports reached US$25.11 billion, a year-on-year increase of 29.5%, while imports decreased by 19.5%. 6. China Society of Automotive Engineers: It is expected that by 2030, new energy vehicles will account for more than 70% of new passenger vehicle sales. 7. Chery denies rumors of a "physical conflict between executives and dealers": A police report has been filed, and the matter will be investigated to the fullest extent of the law. 8. GAC Group's automobile sales increased by 8.18% year-on-year in May, with exports of its own brands surging by 140%. 9. Momenta obtains autonomous driving road test permit in Wuxi and will launch advanced intelligent driving systems in multiple cities globally this year. 10. Hyundai Motor and Nvidia discuss establishing an artificial intelligence R&D center in South Korea. 11. Tesla launches driverless taxi service in Austin. 12. Volvo Cars' global sales fell 5.5% year-on-year from March to May. 13. Zhao Changjiang of Zhijie: Former chief designer of Ferrari and veteran chassis tuning teams from BMW and Aston Martin have joined the company.