Auto Makers and Suppliers: Key Updates on Tech Partnerships, Deliveries, Funding, and Leadership Changes

Changan Automobile insiders stated the company currently has no plans to adopt Qianli Technology's intelligent driving assistance solution, emphasizing that its self-developed "Tianshu Intelligence" system has entered a period of returns. Earlier reports suggested Changan intended to integrate this solution and take an equity stake in Qianli Technology, with the share transfer originally scheduled for completion by early 2026. GAC Group Chairman Feng Xingya responded to Aion being dubbed the "King of Ride-Hailing Vehicles," noting that ride-hailing vehicles, as productive assets, demand extremely high quality—thus, the nickname actually reflects recognition of the product’s quality. Faraday Future announced it has signed a $25 million convertible promissory note subscription agreement with institutional investors. Of this amount, $12.5 million has already been deposited into the company’s operating account, while the remaining $12.5 million is held in an escrow account controlled by the investors and will be released upon fulfillment of certain conditions. Tesla China explicitly stated that the Model Y has not seen any price increases in the Chinese market and advised customers to refer to the official website for accurate pricing. Dreame-affiliated company “Stellar Program” clarified that the previously reported equity freeze stemmed from an ordinary commercial dispute with a supplier, which has now been resolved. All court-ordered preservation measures have been lifted, and its vehicle development project is operating normally. DENZA celebrated the rollout of its 500,000th vehicle—the N9 Flash Charge flagship SUV—equipped with 22-inch wheels, second-generation Blade Battery (offering 420 km of pure electric range), the "Eyes of God 5.0" intelligent driving system, an AI-powered smart cabin, and the Yi-Sanfang intelligent chassis system. Harmony Intelligent Mobility Alliance (HIMA) announced that cumulative pre-orders for the new AITO M9 series have exceeded 50,000 units, with a starting pre-sale price of RMB 499,800. Leapmotor delivered 110,155 vehicles globally in Q1 2026, including 40,901 units exported overseas; revenue reached RMB 10.82 billion, a record high for the same period. In April alone, deliveries totaled 71,387 units, with overseas sales accounting for nearly 20%. The A10 model received over 40,000 firm orders in its first month, while the D19 garnered more than 15,000 firm orders within 15 days of launch. Haoen Automotive Electronics secured a定点 (定点 means "nomination" or "award") for ADAS camera perception products from a German premium luxury automaker. The project spans seven years, with estimated total revenue of approximately RMB 780 million, and mass production is scheduled to begin in September 2027. Japan-based NSK Ltd. and Delta Electronics signed a memorandum of understanding to jointly develop next-generation robotic actuators, integrating their respective expertise in bearings, ball screws, servo drives, and motor control technologies. China Automotive Technology & Research Center (CATARC), Geely Auto, and Autoliv have co-established a Joint Innovation Laboratory in Ningbo and launched the second phase of their strategic collaboration, focusing on occupant protection standards research and enhancement of industry safety regulations. Huizhou Jinyuan Intelligent Robot Co., Ltd.—a wholly owned subsidiary of EVE Energy—increased its registered capital from RMB 3 million to RMB 33 million. The China Automotive Technology & Research Center released the "Ten-Year Development Report on Intellectual Property in the Automotive Industry," revealing that from 2016 to 2025, publicly disclosed patents for new energy vehicles in China rose from over 50,000 to more than 110,000, growing at an average annual rate of 17.1%. Patents for intelligent connected vehicles increased from 44,000 to 93,000 during the same period, with an average annual growth rate of 11.6%. Overseas patent filings now cover more than 50 countries. GAC Group Vice President Huang Yongqiang resigned due to organizational arrangements, effective immediately, and will no longer hold any position within the company.