[Dongche Zhidao Industry] Here is a roundup of major events that happened in the auto industry on October 11, 2026.

Auto Event 1: Mengshi X700 First Mass-Produced Vehicle Officially Rolls Off Production Line 

On October 10, the first mass-produced Mengshi X700 vehicle officially rolled off the production line at the Mengshi Xiangyang factory. The Mengshi X700 began pre-sales on September 28, with 3 models launched, starting from a pre-sale price of 249,800 yuan. The vehicle features Huawei Qiankun Intelligent Driving ADS 5 and Harmony Cockpit HarmonySpace 6, and is the first product of the Mengshi Brand X series. It is reported that the Mengshi X700 will be officially launched by the end of October.

Auto Event 2: Xpeng G9L Completes Pilot Production at Magna Austria Factory

On October 10, Xpeng Auto announced that the first local European Xpeng G9L successfully completed pilot production at the Magna Austria Factory on October 7. The factory belongs to Magna Group — a global leading automotive parts supplier and OEM. Its Graz factory has a century of accumulation and mature experience in mass production of high-end complete vehicles. With the first Xpeng G9L pilot vehicle rolling off the production line at the Magna Austria Factory, this marks another important progress in Xpeng's European localization strategy.

 Auto Event 3: Seres Group and CATL Signed Long-Term Strategic Cooperation Agreement in Chongqing

Recently, Seres Group and CATL signed a long-term strategic cooperation agreement in Chongqing. Since its establishment, the Aito brand has equipped all series models with CATL batteries. As of now, cumulative deliveries have exceeded 1.2 million units. This signing marks a new stage of cooperation between Seres and CATL. Aito will continue to be equipped with CATL batteries in the full series for the long term. Both parties will comprehensively deepen strategic synergy around three core areas.

Relying on the local industrial advantages and development opportunities in Chongqing, both parties continue to deeply cultivate the Chongqing base, accelerating the construction of the second phase of the Seres Super Factory high-end battery pack "Factory in Factory" project. The second phase has an annual planned capacity of 10-12 GWh. After completion, the total annual capacity of Phase I and II will exceed 20 GWh.

Both parties will further deepen cooperation in areas such as supercharging networks, battery swapping, and battery services. They will jointly explore innovative paths for the new energy vehicle refueling ecosystem, build a service system covering the full lifecycle, and upgrade the travel experience for car owners.

At the same time, both parties will expand the global market together, accelerate the layout of Aito cars in overseas markets such as Europe, the Middle East, and Central Asia, promote high-quality products and services globally, set new benchmarks for new energy manufacturing going global, and provide more convenient and efficient full-lifecycle battery service experiences for global users.

Auto Event 4: BYD Vice President Li Ke: Overtake Toyota and Volkswagen Within Five Years to Become the World's No. 1 Car Maker

Recently, BYD Vice President Li Ke clearly expressed BYD's global strategic goal at a summit in Singapore, planning to become the world's largest car manufacturer within the next five years, surpassing Toyota and Volkswagen. BYD will persist in its overseas strategy and continuously open up markets in Europe, Central America, South America, Asia, and Oceania.

Li Ke stated that BYD has achieved leadership in multiple areas such as energy storage, photovoltaics, and batteries. Battery technology is one of its core competencies, not just having advantages in the automotive field.

BYD will not enter the US market for now, as the US plans to strengthen restrictions on Chinese related connected cars and vehicle software entering the US market in legislative form. For example, even Polestar, which has established factories in the US, has to turn to other markets for sales. Li Ke stated that BYD hopes for a business environment with certainty and clear prospects; only in this way can BYD grasp the initiative and invest.

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