On March 29, 2026, several significant events occurred in the automotive industry.
The first event: NIO Inc. has officially opened its first center in Costa Rica. The new NIO Center in San Jose was inaugurated recently. This facility was developed through a partnership between NIO Inc. and its national general agent in Costa Rica, Horizontes Cielo Azul. It represents the company's first physical location in Latin America, marking a crucial initial step into the American market. Furthermore, this is NIO's first overseas center to feature all three of its brands, making Costa Rica the first international market where NIO has launched with its full brand portfolio.
The second event: Guangzhou Automobile Group Co.,Ltd. has published its 2025 annual report. Official sources confirm that GAC GROUP released its financial results for 2025. The company maintained stable operational performance, reporting total operating revenue of approximately 96.542 billion yuan. Vehicle sales and end-user sales reached 1.7215 million and 1.8135 million units, respectively. The group achieved quarter-on-quarter sales growth for three consecutive quarters. Throughout the year, energy-efficient and new energy vehicles accounted for 51.60% of total sales, representing a 6% increase compared to the previous year.
The third event: Lei Jun, Founder, Chairman, and CEO of Xiaomi, announced that the new generation Xiaomi SU7 achieved deliveries of four to five thousand units in its first week after launch. On March 29, Lei Jun stated on social media that the new model, which debuted on March 19, saw strong initial delivery figures. The new Xiaomi SU7 is available in three variants, with a price range of 219,900 to 303,900 yuan.
This daily automotive update provides the latest news from the auto industry.
Comments