Domestic Fuel Prices Surge on March 9, Automakers Accelerate Charging Infrastructure and New Model Rollouts

Starting at 24:00 on March 9, domestic refined oil prices will see a significant increase, with Grade 92 gasoline, Grade 95 gasoline, and Grade 0 diesel rising by RMB 0.39, RMB 0.41, and RMB 0.42 per liter, respectively. Drivers are advised to refuel in advance to avoid the price hike. Meanwhile, the new energy vehicle (NEV) sector is witnessing intense activity: BYD’s Li Yunfei stated that battery swapping and ultra-fast charging are “different paths leading to the same destination.” Zeekr is accelerating its expansion into Europe, while Arcfox has deepened its collaboration with CATL on the “ChocoSwap” battery-swapping solution. Tesla China has built over 2,500 Supercharger stations and opened them to vehicles from other brands. Chery’s premium brand Exeed has rolled off the production line with its EX7 model—the world’s first vehicle equipped with an aerospace-grade EMB braking system—scheduled for launch in Q1 2026. SAIC-GM announced plans to launch more than ten new models annually over the next three years, designating 2026 as a major product year. Additionally, Xiaomi Auto has recently secured a new patent for an aerodynamic duct structure, which is expected to reduce drag and enhance driving range.