On June 17, the South Korean Ministry of Trade, Industry and Energy released data on the "May Automotive Industry Trends," showing that South Korea's automobile export value in May was 5.83 billion USD, down 5.9% year-on-year. Export volume was 230,072 vehicles, a decrease of 6.6% year-on-year. Domestic sales (127,315 vehicles) and production (329,559 vehicles) decreased by 10.3% and 8.2% year-on-year, respectively. Despite this, the production and sales of new energy vehicles continued to show strong growth momentum. The export value of new energy vehicles in May was 2.4 billion USD, an increase of 9.9% year-on-year, accounting for more than 40% of total automobile exports. Export volume was 83,145 vehicles, up 11.2% year-on-year. Domestic sales were 77,179 vehicles, an increase of 5.5% year-on-year.

On June 16, Celanese announced.AISIN Industrial Co., Ltd.’s consolidated subsidiary, AISIN Industries Kentucky, LLC, has used polyoxymethylene (POM) material made by Celanese from captured carbon dioxide.Used for producing fuel pump modules for a North American automotive manufacturer.

According to reports, Ford Motor Company and several other automakers are competing to apply for permits from the U.S. Department of Commerce in order to continue selling multiple models that have been on the market for many years.In January 2025, the relevant regulations were implemented in the United States by the Biden administration on national security grounds and remained in effect after the Trump administration took office. These regulations restrict connected vehicles from being equipped with Chinese software. The software ban applies starting with 2027 model-year vehicles, while the hardware restrictions apply to 2030 model-year vehicles.Ford has submitted a relevant application, hoping to be approved for the continuous import of the Lincoln Nautilus SUV assembled in China, with an expected import of the 2027 model in January next year.Volvo stated in May that it had obtained the relevant licenses, General Motors has required its suppliers to eliminate all Chinese-made components from their supply chains by 2027, and the U.S. Department of Commerce will not publicly disclose applications for or the approval results of the relevant licenses.

Xiaopeng He: X9 has begun deliveries in Europe. A new step in globalization. Looking forward to it becoming part of the daily lives of more European families.

On June 15, the signing ceremony for the establishment of Corning's new company project in Jiading was held. This new company project will focus on the scaled production of high-precision optical fiber connector harnesses. Strengthen infrastructure construction, focusing on supporting services for data center operations. Further improve the production environment, introduce key equipment, and build more comprehensive manufacturing and testing capabilities. At the same time, support the introduction and development of a professional team, gradually building stronger local production and delivery capabilities, and strive to establish a world-leading production base in Jiading with an annual output value of USD 1 billion.

On June 15, Renault Group announced the official opening of the ACDC R&D office in Hangzhou.After the Shanghai R&D office commenced operations, the launch of the Hangzhou R&D office further expands ACDC's presence in China, establishing a dual-base collaborative framework that will comprehensively provide strong support for Renault Group's technology research and development and engineering implementation.

Recently, Nissan Motor President Ivan Espinosa officially announced that Nissan has shortened the new car development cycle from the traditional 55 months to 26 months, nearly halving it. The first model to apply this new development process is the next-generation Skyline, scheduled to be launched in the winter of 2026, which has successfully achieved a 26-month development cycle. The core of this transformation is to learn from Chinese car manufacturers who rely on AI for rapid iteration. Nissan has applied AI throughout the entire new car development process and plans to extend this process to 90% of its model projects within the 2026 fiscal year.

On June 11, Chery Automobile Co., Ltd. and Yinwang Intelligent Technology Co., Ltd. signed a deepening strategic cooperation agreement in Wuhu, Anhui, to carry out in-depth cooperation on L3 and L4 level autonomous driving technologies. Chery stated that the 15th Five-Year Plan period will be a critical phase for the implementation of L3 and L4 level autonomous driving. According to the agreement, Chery and Yinwang will accelerate technological breakthroughs and mass production implementation of L3 and L4 level autonomous driving during the 15th Five-Year Plan period.

In May, China’s power and energy storage battery sales reached 182.2 GWh, up 11.0% month on month and 47.4% year on year.Among them, power battery sales reached 127.0 GWh, accounting for 69.7% of total sales, up 16.6% month-on-month and 45.2% year-on-year; energy storage battery sales reached 55.2 GWh, accounting for 30.3% of total sales, down 0.1% month-on-month and up 52.7% year-on-year.

Recently, Swamy Kotagiri, CEO of Canadian automotive parts giant Magna International, stated in an interview that Magna is open to assembling Chinese cars in Canada if the collaboration has "genuine long-term value." The company has been deeply engaged in the Chinese market for nearly 20 years, establishing nearly 70 factories and employing 30,000 people, along with a research and development team of 2,000 engineers. In 2024, sales in the China region are expected to grow by 15%, with about 60% coming from local automakers, and the performance of its business in China significantly surpassing the company's average level.

General Motors recently announced plans to launch the production of large-scale energy storage battery components. This move aims to enter the expanding energy storage market and compete with automakers such as Tesla and Ford. The company hopes that this business will help alleviate the market pressure caused by the current slowdown in electric vehicle sales in the United States.

Geely Auto recently stated that its self-developed driving assistance system, G-ASD (Qianli Haohan), has obtained legal road-use approval in the European Union and has also passed the United Nations UN R171 regulation certification. This certification is the EU’s unified access standard for advanced driver assistance control systems (DCAS), and serves as the “pass” for such systems to be legally equipped and used on roads in Europe. Geely plans to launch its first model equipped with this intelligent driving system in Europe this year.

On June 10th, the China Association of Automobile Manufacturers released data showing that in May 2026, China's new energy vehicle market stabilized and rebounded, with production and sales reaching 1.554 million and 1.496 million units respectively, representing year-on-year increases of 22.4% and 14.4%. The proportion of new energy vehicle sales in the total new car sales further increased to 56.9%. In May, China's automobile production and sales reached 2.616 million and 2.629 million units respectively, showing a month-on-month increase and a slight year-on-year decrease, but the decline narrowed further. Overall, in the first five months, automobile production and sales reached 12.235 million and 12.207 million units respectively, among which new energy vehicle production and sales reached 5.841 million and 5.802 million units, with year-on-year growth of 2.5% and 3.5% respectively.

According to the latest data, in May, China's automobile exports reached 930,000 units, up 68.7% year on year, and have remained above 900,000 units for two consecutive months.Among them, exports of new energy vehicles showed a significant year-on-year increase, reaching 446,000 units, a growth of 110%. A relevant person in charge from the China Association of Automobile Manufacturers stated that China has the most complete new energy vehicle industry chain in the world, covering lithium ore processing, battery manufacturing, motor and electronic control, to vehicle assembly, with sufficient capacity, controllable costs, and strong supply chain risk resistance.

On June 10, Li Auto announced that the 140,000th Li Auto i6 officially rolled off the production line.This model has achieved monthly sales exceeding 20,000 units for three consecutive months. It is the pure electric SUV in the 200,000 RMB range second only to the Tesla Model Y. The starting price is 249,800 RMB. It is positioned as a mid-to-large 5-seat SUV, with body dimensions of 4950*1935*1655 mm, a wheelbase of 3000 mm, and an interior longitudinal usable space of 3.3 meters.

Xiangcai SecuritiesWith the explosive growth of the global humanoid robot industry, the screw rod market is entering a golden development period. The mass production of humanoid robots directly drives the demand for core transmission components. For example, according to reports from Zhijie Observation Station, a single humanoid robot requires 14 planetary roller screws (for linear joints) and 12 miniature ball screws (for dexterous hands). The value proportion of planetary roller screws is as high as 19%, making it the core component with the highest value in humanoid robots. Given the high technical barriers of manufacturing planetary roller screws and the clear incremental space brought by the explosion of the humanoid robot market, it is recommended to focus on screw rod manufacturers with positive research and development design capabilities, breakthroughs in internal thread precision grinding technology, and those that are deeply integrated into the humanoid robot industry chain.

On the afternoon of May 28th, SAIC Motor delivered its 100 millionth vehicle, becoming the first automotive group in China's automotive industry history to surpass a cumulative production and sales volume of 100 million vehicles, marking its birth in Shanghai. The emergence of China's first "100-million-level automaker" is a vivid testament to the Chinese automotive industry's more than 70 years of development from nothing to strength, and an important milestone for "Made in China."

According to information from the National Intellectual Property Administration, Hebei Jinli New Energy Technology Co., Ltd. has obtained a patent titled "Natural Fiber Modified Polyethylene Membrane, Its Preparation Method, and Application as a Lithium-ion Battery Separator." The authorization announcement number is CN116454531B, and the application date is March 2023. According to Tianyancha data, Hebei Jinli New Energy Technology Co., Ltd., established in 2010 and located in Handan City, is an enterprise mainly engaged in the manufacturing of chemical raw materials and chemical products. The company has a registered capital of RMB 549,283,139. Based on Tianyancha big data analysis, Hebei Jinli New Energy Technology Co., Ltd. has made investments in 9 companies, participated in 80 bidding projects, and has 3 trademark records and 597 patent records in terms of property-related information. In addition, the company holds 19 administrative licenses.

ST Wentai announced that its controlling shareholder, Wentianxia, has had 154 million shares of the company (accounting for 12.37% of the total share capital) judicially frozen, with the freezing period from May 22, 2026, to May 21, 2029. The current freeze is due to a property preservation application by Jiang Zhaobai arising from an arbitration case involving a contract dispute between Wentianxia and its actual controller Zhang Xuezheng. Wentianxia states that there is no record of overdue debts or breach of contract, and this freeze will not affect the company’s normal operations or control.

Cailian PressMay 18th, electric news,Kingfa Sci. & Tech.(600143.SH) released an announcement on the record of investor relations activities. The company is a leading enterprise in special engineering plastics in China, with the most complete product portfolio and the largest industrialized scale. Its products have entered the supply chains of many leading industry customers, and the company’s LCP resin has achieved bulk supply to leading customers in AI computing power, new energy and other industries. By the end of 2025, the company had formed an annual production capacity of 39,000 tons of semi-aromatic polyamide, LCP and polyarylethersulfone synthetic resins. Among them, the first phase of the 5,000-ton/year facility of the 15,000-ton/year LCP synthetic resin project and the thousand-ton-scale polyimide project have both been successfully put into operation. At present, in the AI computing power sector, the company has launched ultra-thin halogen-free flame-retardant PPA and high-flow, low-warping LCP materials, meeting the stringent requirements of AI server high-speed connectors for dielectric performance and transmission efficiency. High-strength, low-noise halogen-free flame-retardant PPA, LCP, PES and PEI are widely used in ultra-high-speed cooling fans, providing key material support for the stable operation of AI servers. Transparent thin-wall flame-retardant PCR-PC and PPSU products meet the heat-resistance and environmental compliance requirements of high-temperature components in computing servers, and have already been applied in bulk in the industry.