Multiple Automakers and Suppliers Announce Updates: Xiaomi SU7 Surpasses 80,000 Reservations, Landwind Taishan X8 Exceeds 40,000 Pre-orders, Bosch Partners with Qianxun Intelligence, Geely Eyes Ford Spain Plant Acquisition

On May 6, Xiaomi Auto announced that cumulative firm orders for its new SU7 sedan have surpassed 80,000 units within 48 days of its launch on March 19. Priced between RMB 219,900 and RMB 303,900, the SU7 is available in three trims—Standard, Pro, and Max—all featuring standard equipment including LiDAR, NVIDIA Thor-U chips, and the Jiaolong chassis. The CLTC-rated range reaches up to 902 km, and the Max variant accelerates from 0 to 100 km/h in just 3.08 seconds. On the same day, Voyah Auto revealed pre-sale results for its Taishan X8, a five-seat new energy SUV, which garnered over 40,000 orders within 13 days of pre-sales opening. The pre-sale price ranges from RMB 302,900 to RMB 389,900. The U.S. National Highway Traffic Safety Administration (NHTSA) disclosed that Tesla is recalling certain Model 3 vehicles from model years 2017 and 2021–2023, Model Y vehicles from 2020–2023, and Model S and Model X vehicles from 2021–2023, totaling 218,868 units. Affected vehicles running software version 2026.8.6 may experience delayed rearview camera image display when shifting into reverse gear. BMW Group recently announced that its 2 millionth battery electric vehicle (BEV) has rolled off the production line at its Dingolfing plant. Having delivered its 1 millionth BEV globally in April 2024, the company reached the 2 million milestone just two years later. Reports indicate that Geely has reached an agreement with Ford to acquire Body 3 assembly line at Ford’s Almussafes plant in Valencia, Spain. Geely plans to use this production line to manufacture a new energy vehicle based on its Global Electric Architecture (GEA), internally codenamed “Project 135.” The GEA currently underpins models such as the Galaxy A7 and E5. Reports also suggest Ford may develop a co-engineered model based on Geely’s GEA platform, potentially as the successor to the Puma. In supply chain developments, Qianxun Intelligence and Bosch China signed a strategic cooperation agreement on May 6 to collaborate in areas including robot data collection and model training, industrial deployment, and core component supply, aiming to accelerate the commercialization of general-purpose robotic "brains." Also on May 6, RoboSense announced an upgraded strategic partnership with Weilan Continent, Ninebot’s smart robotic lawn mower brand, to jointly promote global adoption and digital transformation of intelligent robotic mowers. ON Semiconductor released its Q1 2026 financial results, reporting revenue of $1.513 billion, above the midpoint of its prior guidance. Both GAAP and non-GAAP gross margins stood at 38.5%, with non-GAAP operating margin at 19.1%. The company also provided Q2 guidance, noting signs of industry recovery. Infineon Technologies raised its full-year outlook, citing surging demand for power solutions in AI data centers and improved automotive orders. Its Q2 revenue reached €3.81 billion (approximately $4.47 billion), up 6% year-over-year. Huayu Automotive Systems released its Q1 2026 report, showing revenue of RMB 40.183 billion, down 0.97% year-over-year, and net profit attributable to shareholders of RMB 1.244 billion, a 2.63% decline compared to the same period last year. Schaeffler recently inaugurated its new R&D center building in Changsha, located within the Xiangjiang Intelligent Connected Vehicle Industry Incubation Base. Spanning approximately 5,000 square meters, the facility includes R&D laboratories, prototyping workshops, exhibition halls, and office spaces. According to customs data compiled by the China Association of Automobile Manufacturers, China imported 28,000 complete vehicles in March 2026, down 12.6% month-over-month and 28.9% year-over-year. Import value totaled $1.17 billion, down 20.7% month-over-month and 39.6% year-over-year. For January–March 2026, cumulative vehicle imports reached 97,000 units, up 2.6% year-over-year, while import value amounted to $4.44 billion, down 10.4% year-over-year. BaiXiniu recently completed its Series C1 financing round, jointly invested by a leading global logistics industry capital, Shenzhen Nanshan Strategic Emerging Industries Investment, and existing shareholder Yuanhe Houwang. Proceeds will support core technology R&D, mass production of automotive-grade products, multi-scenario commercial expansion, and global footprint development. On the policy front, former U.S. President Donald Trump recently threatened to raise tariffs on EU automobiles to 25%. Industry insiders noted that some non-U.S. manufacturers have already halted or slowed raw material orders from the U.S., stating they would not absorb tariff costs themselves but pass them on to consumers.