CITIC Securities: the price increase in peak season is expected in advance, and the profit stability of cement enterprises is high

Chassis Supply Chain's "iPhone Moment": China's Tier 1 Shift as LeeKr Emerges

Over the past decade, China's electric vehicle (EV) industry has evolved from a niche experiment into a leading force in the global automotive landscape. In the first ten months of 2025, China exported over 2 million EVs, nearly double the year-earlier figure. From European city streets to Southeast Asian highways and Latin American urban centers, Chinese EVs have emerged as one of the most prominent symbols of a new era of “Made in China.”

SAIC’s Overseas Sales Reach 1.166 Million Vehicles, Exceeding Full-Year 2025

SAIC Motor（上汽集团）said on October 27 that its overseas sales reached 1.166 million vehicles in the first nine months of 2026, up 52.4% year on year and already exceeding its full-year 2025 total.

WeRide Launches Insurance Partnership Program to Support Overseas Expansion

WeRide（文远知行）announced a global insurance partnership program on October 27, naming Allianz Insurance Singapore（安联保险新加坡）and Ping An Property & Casualty Insurance（中国平安财产保险）as its inaugural partners.

GWM Plans Bulgarian Assembly of Ora 5 from Early 2027

Great Wall Motor（长城汽车）, known as GWM, announced on October 27 that it plans to begin assembling the Ora 5 compact SUV in Bulgaria in the first quarter of 2027 under an agreement with local partner Bulgarian Automotive Industry.

Jetour Signs MoU for Vehicle Assembly Project in Iraq’s Kurdistan Region

Jetour（捷途）, the SUV brand under Chery Group（奇瑞集团）, signed a memorandum of understanding with its Iraqi distributor Harlem Group（哈林集团）on October 25 to develop a knock-down vehicle assembly project in Zakho, in Iraq’s Kurdistan Region. The agreement sets out a proposed move from vehicle imports and distribution toward local assembly, although production capacity, investment value and a start-up timetable have not been disclosed.