On June 26 at Nio Partner Day 2026, Nio founder, chairman and CEO Li Bin said NEV penetration in China's new-car market will exceed 90% by 2030, and battery-electric vehicles will account for more than 90% of the NEV market. PCA data show NEV penetration in China's new-car market reached 62.9% in May 2026, with BEVs representing 67.1% of NEV sales.

Chinese and EU teams held intensive talks this week to prepare the inaugural China-EU trade and investment consultation meeting. EU negotiators reportedly showed little willingness to compromise and are preparing additional protectionist measures even as talks proceed, raising the risk of a sudden escalation in China-EU trade tensions. China says it remains committed to dialogue but is ready to launch firm, necessary countermeasures at any time. EU officials also signalled that bilateral consultations will not limit use of existing trade instruments or development of new ones, suggesting further deterioration in economic and trade ties may be likely.

Honda Motor Co (HMC.N) CEO said the company’s priority markets are the US, Japan and India, and competition from "emerging forces" is limited.