The controversy over the fractured brake pedal bracket on the Zunjie V800 continues to escalate. On October 9, Red Star Capital called Bethel, KaiZhong, Asia Pacific Mechanical and Electrical, Wan'an Technology and other companies in the automotive braking system sector to ask whether they are suppliers for the Zunjie V800. KaiZhong said that due to confidentiality agreements, it cannot disclose the specific products or vehicle models it supplies. The other companies all said they are not suppliers of the Zunjie V800 brake pedal and cannot comment on the matter. A person on Bethel's investor relations hotline said that the content posted by Chairman Yuan Yongbin on his social media feed is accurate, but Bethel does not supply this Zunjie model. JAC Motors is a customer of the company, and the company's position is subject to its announcements and official releases. A person at Asia Pacific Mechanical and Electrical noted that the company supplies several JAC Motors models but is not the supplier of the Zunjie V800 brake pedal. A person at Wan'an Technology disclosed that it is not the supplier of the Zunjie V800 brake pedal, but it does cooperate with JAC Motors, though the specific models supplied are unclear. Red Star Capital learned that most of these companies have cooperation with JAC Motors. Zunjie is a premium luxury automotive brand jointly created by JAC Motors and Huawei. On August 5, 2026, it officially launched its flagship MPVs of the era, the Zunjie V800 and Zunjie V680, in Shenzhen. The Zunjie V800 is offered in three configurations: the Exclusive Edition, Executive Edition and Pilot Edition, with starting prices of 766,000 yuan, 866,000 yuan and 1,016,000 yuan respectively.
Zunjie is a JAC-Huawei brand and JAC is a customer of the braking suppliers, but the article does not state JAC's own impact from the V800 brake pedal bracket fracture.
EU Plans 350,000 Annual Cap on Chinese Hybrid Car Imports
The European Union plans to limit imports of Chinese hybrid vehicles to 350,000 annually, with restrictions potentially taking effect Dec. 1, according to a document cited by Bloomberg News. The initial quota would increase by 6% annually beginning in the second year, and the restrictions would remain in place for four years, with the EU and China committing to comply with World Trade Organization rules. The proposed safeguards would technically apply to hybrid imports from all countries to meet WTO requirements against discriminatory trade practices, and China would receive a quota at least as large as that allocated to any other exporting country. The proposal follows talks in Beijing between EU trade chief Maros Sefcovic and Chinese Commerce Minister Wang Wentao, as European officials seek to address a trade deficit with China exceeding €1 billion, or $1.1 billion, daily. EU leaders are scheduled to meet Thursday in Brussels to discuss the hybrid vehicle restrictions and broader concerns about Chinese government subsidies and inexpensive manufactured goods entering European markets.
2015.HK · Tariff · Negative EU plan to cap Chinese hybrid vehicle imports at 350,000 annually would restrict Li Auto's access to the European market.
9868.HK · Tariff · Negative EU plan to cap Chinese hybrid vehicle imports at 350,000 annually would restrict Xpeng's access to the European market.
STLA · Tariff · Positive EU quota on Chinese hybrid imports could shield Stellantis's European market from cheap Chinese competition, though it is not named in the article.
Geely Launches Zhanjian 700, Its First Electrified Off-Road SUV
Geely Auto Group announced the market launch of its first electrified off-road SUV, named Zhanjian 700 in China, and the first production model built on its dedicated GTA architecture for electrified off-road vehicles. The model pairs Geely's EM-T Hybrid powertrain, delivering up to 1,129 PS peak power, 13,920 N·m wheel torque and a combined range of 1,700 km, with an AI all-terrain driving system and one-touch intelligent climbing mode. Its integrated frame structure and high-strength occupant safety cage, built entirely from ultra-high-strength and hot-formed steel, incorporate a concealed rollover protection structure extending 10.6 metres and achieve a roof-crush strength of 161 kN. Pre-sales in China have already begun, with deliveries expected by the end of 2026, and the model is also planned for launch in markets outside China in the future. As the first rugged SUV in Geely Auto's portfolio and the first production application of the GTA architecture, it extends the brand into a new product category.
Electrification & Mobility › China NEV Leaders Technology
0175.HK · Technology · Positive Geely launched the Zhanjian 700, its first electrified off-road SUV and first production model on the new GTA architecture, extending the brand into a new product category.
Tesla Renames Full Self-Driving to Tesla Assisted Driving in Europe
Tesla Inc. has begun replacing its "Full Self-Driving (Supervised)" branding with "Tesla Assisted Driving" across its European websites, following criticism from German officials that the FSD name was potentially misleading because the system still requires driver supervision. Tesla watcher Sawyer Merritt first flagged the live branding change on X on Oct. 8, and Not a Tesla App subsequently reported that Tesla had adopted the new name across the continent. Germany's Federal Ministry of Transport had said two days earlier that Transport Minister Steffen Bilger wants Tesla's system approved across Europe "in a timely manner," calling the FSD name "somewhat misleading" since the system does not take over the complete driving task and drivers must remain attentive. Tesla offered the rename during talks with German officials over technical and liability issues, Reuters reported, and CEO Elon Musk welcomed Germany's backing with "Danke Schön!" as the company's European approval push gained momentum. The approval remains contested: Reuters reported Germany supports allowing the system to operate up to 10% above detected speed limits, while France and Sweden objected, pushing an EU vote from October to at least December, and eight EU countries had approved the system by Wednesday, with Slovakia saying Thursday it expected to become the ninth within days.
TSLA · Regulation · Positive Tesla renamed FSD to 'Tesla Assisted Driving' in Europe to address German officials' misleading-name concerns, advancing its European regulatory approval push.
Qianli Technology's cumulative vehicle sales from January to September reached 66,903 units
Qianli Technology released its production and sales report on October 11, disclosing vehicle production and sales data for September and the first three quarters. In September, the company produced 5,703 vehicles and sold 6,252 units. From January to September, Qianli Technology produced a total of 64,122 vehicles, up 11.22 percent year on year, with cumulative vehicle sales of 66,903 units.
Tesla China-Made EV Sales Rise 5% in September, Extending Growth Streak to 11 Months
Tesla delivered 95,366 China-made electric vehicles in September, a 5% increase from 90,812 vehicles a year earlier that extended its year-over-year growth streak to 11 consecutive months. The Shanghai factory shipped Model 3 and Model Y vehicles to China, Europe, Asia-Pacific and Canada during the month, according to Reuters, citing the China Passenger Car Association. Third-quarter deliveries from Shanghai rose 13.7%, even as Tesla's worldwide deliveries fell 2.1% from the record-setting quarter last year. To support demand in China, Tesla is offering promotions through October, with selected Model Y versions qualifying for a 7,000-yuan reduction on final payments and every Model 3 variant receiving 5,000 yuan off. The gains come amid intensifying competition in China, where Tesla's retail sales fell 12.4% year-over-year in August to 50,047 units, its weakest August since 2022, leaving it ranked fifth behind market leader BYD with 233,943 units.
TSLA · Demand · Positive Tesla's China-made EV deliveries rose 5% in September, extending its year-over-year growth streak to 11 months.
002594.CS · Competition · Neutral BYD is cited as China's market leader with 233,943 units, ahead of Tesla, but no new BYD-specific development is reported.
China September Passenger Vehicle Retail Sales Fall 24% Year on Year
China's passenger vehicle retail sales totaled roughly 1.7M in September, a 24% decline from a year ago, according to preliminary data released by the China Passenger Car Association on Saturday. Year-to-date retail sales fell 21% year on year to about 13.4M, though the broader passenger vehicle market expanded from August, with retail sales climbing roughly 10% from a month ago on the strength of new energy vehicles. Retail sales of passenger NEVs stood at about 1.1M in September, down roughly 12% year on year but accounting for about 67% of total passenger vehicle retail sales for the month. Year-to-date retail NEV sales totaled about 7.8M, down 12% year on year, while wholesale passenger NEV sales reached about 11.4M year to date, up 10% from a year ago, as the CPCA said higher oil prices stayed elevated longer than expected and fueled exports. The local market also faced tough comparisons from a year earlier, when sales climbed on a rush to buy new vehicles before some Chinese regions reined in trade-in subsidies. BYD, Geely Auto, Chery, Leapmotor and Tesla were among the top 10 manufacturers in the passenger NEV wholesale market last month, while XPeng, Li Auto and Nio ranked outside the top ten.