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Voyah Automobile: 15,146 vehicles were delivered in April 2026, a year-on-year increase of 51%.
On May 1, a spokesperson for the Ministry of Commerce stated: The U.S. Federal Communications Commission (FCC) has abandoned the principle of technological neutrality, overgeneralized the concept of national security, and frequently introduced restrictive measures without factual basis, discriminating against companies and products from other countries, including China, seriously damaging the interests of China and other relevant trading partners. These restrictive measures undermine the hard-won stability of China-U.S. economic and trade relations and violate the consensus reached by the two heads of state. China is highly concerned and firmly opposes this.
On May 1st, Zheng Shanjie, Director of the National Development and Reform Commission, published an article in Qiushi magazine entitled "Promoting Chinese-Style Modernization through High-Quality Implementation of the 15th Five-Year Plan." The article states that developing new productive forces is an inherent requirement and key focus of high-quality development, and an inevitable choice for gaining a competitive edge in international competition. It emphasizes accelerating high-level scientific and technological self-reliance. This includes focusing on strengthening original innovation and tackling key core technologies, and increasing the proportion of funding for basic research. It also stresses reinforcing the leading role of enterprises in scientific and technological innovation, and promoting the aggregation of innovation resources such as projects, platforms, data, and talent to enterprises. Furthermore, it calls for integrated development of education, science, and talent, strengthening planning coordination, policy synergy, resource allocation, and evaluation linkage. Finally, it emphasizes seizing the opportunities presented by digital and intelligent development, promoting the large-scale, intensive, green, and inclusive development of computing resources, strengthening the supply of high-quality data resources, and deepening and expanding "artificial intelligence +".
SAIC Motor Passenger Vehicle: From January to April 2026, the retail sales of Roewe and MG exceeded 302,000 units, a year-on-year increase of 5.8%; the retail sales in April exceeded 78,000 units, a year-on-year increase of over 15.5%.
On May 1st, Indian Oil Corporation (IOC) announced it would maintain domestic jet fuel prices unchanged for May. This comes after several airlines warned of potential service disruptions due to supply shortages caused by the conflict in Iran. The Indian refiner, Indias largest, has set a benchmark for the industry, maintaining domestic jet fuel prices at 104,927 rupees per kiloliter (approximately US$1,105). However, according to its website, the company will be raising prices for international operators, though the specific amount was not disclosed. Global airlines are facing operational disruptions due to jet fuel shortages caused by the Middle East conflict. The aviation industry is highly sensitive to fuel price increases, with fuel costs accounting for up to 40% of operating expenses. Even small increases can significantly impact profitability and ticket prices.