"Regulators Probe Automakers on Battery Locks; BYD, Tesla, XPeng, Li Auto, GAC Aion Deny Summon Claims"

Published: May 9, 2026 18:39

Save

On May 9, recent market reports indicated that regulatory authorities had taken notice of widespread complaints triggered by automakers locking battery capacity. Eight automakers were reportedly summoned for regulatory talks, three were placed under investigation for violations, and two withdrew controversial upgrade packages and pledged to restore performance. Subsequently, artificial intelligence (AI)-related information circulating online listed the names of eight automakers. When seeking confirmation today from BYD, Tesla, XPeng, Li Auto, NIO, Seres AITO, Geely Zeekr, and GAC Aion, BYD, Tesla, XPeng, Li Auto, and GAC Aion explicitly denied the claims.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

4 hours ago

Macro disturbances persist, SHFE zinc recorded a bearish candlestick [SMM Zinc Brief Review]

[Macro Disturbances Persist, SHFE Zinc Posts a Bearish Candlestick] The most-traded SHFE zinc 2607 contract opened at 24,730 yuan/mt. After the market opened, SHFE zinc edged up to touch a high of 24,775 yuan/mt. Subsequently, bulls reduced positions, and SHFE zinc fluctuated downward to touch a low of 24,605 yuan/mt. It finally closed lower at 24,620 yuan/mt, down 110 yuan/mt or 0.44%. Trading volume decreased to 47,848 lots, and open interest decreased by 2,833 lots to 86,601 lots.....

4 hours ago

Physical premiums dropped significantly, while forward buying interest emerged [SMM Yangshan spot copper]

4 hours ago

Aluminum Futures Continued to Decline, Downstream Buying Sentiment Recovered Slightly [SMM Spot Aluminum Midday Review]

4 hours ago