[SMM Magnesium Express]Chenzhi Light Quantization partnered with Changan Automobile to establish a joint project team, launching an industrialization project for magnesium alloy in new energy vehicles. Together, they aim to build a smart manufacturing base for magnesium alloy components, integrating R&D, trial production, manufacturing, and validation. The project focuses on magnesium alloy electric drive housings while advancing the large-scale production of body structural parts such as rear floors and back door inner panels, creating a closed-loop supply chain from R&D to mass production. With deep collaboration between leading automakers and lightweight material suppliers, the widespread application of magnesium alloy in core components for new energy vehicles is expected to accelerate further.

On July 21, according to statistics and analysis by the China Association of Automobile Manufacturers (CAAM), the top ten SUV manufacturers by sales volume notched combined sales of 5.137 million units from January to June 2026, accounting for 66.7% of total SUV sales. Among these ten enterprises, Changan Automobile, Great Wall Motors and Li Auto posted sales declines of varying degrees year-on-year, while all others registered sales growth to different extents.

On July 16, GAC Group announced its 30 millionth finished vehicle rolled off the production line, which is the overseas version of M8 PHEV. Following FAW Group, SAIC Motor, Dongfeng Motor and Changan Automobile, GAC becomes China’s fifth automotive conglomerate to hit the 30-million-unit production milestone. GAC Group stated that the output of 30 million vehicles represents the choice and trust of 30 million household customers. Statistics show the group sold 144,866 vehicles in June, down 3.47% year-on-year; cumulative sales for the year reached 773,085 units, a year-on-year increase of 2.35%.

After a prolonged wave of price cuts, the automotive market has entered a rare price-hike cycle in the fiercely competitive year of 2026. Changan Automobile and BYD have both recently announced price increases on select models. Changan's Qiyuan Q07 Tianshu Intelligent Laser Edition has seen its official suggested retail price raised by 3,000 yuan, while BYD's optional add-on price for the assisted-driving laser edition on certain models will increase from 9,900 yuan to 12,000 yuan — a rise of 2,100 yuan. The announcements have sent shockwaves through the industry.

[Electric Drive Assembly Designated Orders Landed, Magnesium Alloy Opens Up Incremental Space in Automotive Sector] Recently, the application of magnesium alloy in the lightweighting of NEVs accelerated, with semi-solid die casting and large-scale integrated molding technology becoming the mainstream direction. Orders and capacity for core components such as electric drive housings and auto body structural parts advanced simultaneously.

On March 30, 2026, the “ultra-large, corrosion-resistant, creep-resistant” magnesium alloy e-drive housing jointly developed by Changan Automobile, Shanghai Jiao Tong University, Chongqing University, Chenzhi Lightweighting, and Qingshan Industry was successfully trial-produced through die casting at Fengyang Aiersi, achieving a lightweight transition of “replacing aluminum with magnesium.”