# auto industry
Latest news and articles about auto industry
Total: 4 articles found
China’s EV Financing War Ripples Through Used‑Car Market, Pummelling Resale Values and Dealers’ Margins
Tesla’s January 2026 push of 5‑year 0% and 7‑year low‑interest purchase plans has spurred competitors to extend similar financing, making new EV purchases cheaper per month and prompting buyers to favour new cars. That shift has weakened demand for secondhand electric cars, forced dealers to cut prices or offer short-term interest‑free loans, and highlighted structural risks to EV residual values driven by rapid technological obsolescence and battery concerns.
Leapmotor Posts Strong January Deliveries as China EV Market Gains Traction
Leapmotor reported January deliveries of 32,059 vehicles, up 27% year‑on‑year, indicating improved demand or production execution for the Chinese EV maker. While the number is significant for the company, it remains modest versus China’s market leaders; future growth will hinge on product cadence, margins and distribution strength.
Germany Relaunches EV Purchase Subsidy — Up to €6,000 to Reboot Electric Car Sales and Shield Auto Industry
Germany has reintroduced a tiered EV purchase subsidy offering €1,500–€6,000 per private buyer for new registrations from 1 January 2026, backed by €3 billion over three years and intended to support up to 800,000 vehicles. The measure aims to revive household demand, protect domestic automakers amid international competition, and accelerate the country’s shift to electric mobility, though it poses fiscal, regulatory and infrastructure challenges.
Nio’s New ES8 Tops 50,000 Deliveries in Four Months, Signalling Strength in China’s Premium EV Market
Nio reported that its newly launched ES8 surpassed 50,000 deliveries 120 days after deliveries began, averaging about 417 vehicles per day. The rapid ramp underscores solid early demand in the premium SUV segment but raises questions about sustainability amid fierce competition and margin pressures.