Business Brief (June 24): China Aims to Boost Auto Consumption

Published: Jun. 24, 2026 4:59 p.m. GMT+8

00:00

00:00/00:00

Listen to this article 1x

China aims to boost auto consumption

The Ministry of Commerce and other departments issued two notices Tuesday to expand automobile consumption across the entire supply chain.

The new measures will launch pilot programs for auto distribution and consumption reforms and cultivate the automotive aftermarket by covering areas such as vehicle modifications, motorsports and recreational vehicle camping.

Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.

Save an extra $50. Introductory offer for new readers. Subscribe now.

Share this article

Open WeChat and scan the QR code

Explore the story in 30 seconds

China issued notices to boost auto consumption, launching pilot programs for distribution reform and aftermarket covering modifications, motorsports, and camping.
WeChat tests a native AI assistant using voice/text commands to control the app and access mini-programs for services like medical appointments.
CATL plans September sodium battery delivery for energy storage; trade-in program drove 5 trillion yuan in sales (63% from autos); Tesla humanoid robot enters mass production prep.

AI generated, for reference only

WeChat: WeChat has been testing a native AI assistant that uses voice or text commands to control the app, such as adjusting settings, sending messages, and making calls. Powered by intent recognition, it can also launch mini-programs for services like booking medical appointments and ordering coffee.

CATL: CATL plans to deliver its first batch of sodium batteries in September, primarily for energy storage applications. This marks a significant step in diversifying battery technology beyond lithium-ion.

Tesla: According to the article, Tesla's humanoid robot has reportedly entered the preparation phase for mass production. No other details about Tesla are provided in the content.

AI generated, for reference only