Xpeng AeroHT Completes $250 Million Series B Financing
Additional funding will support production of the Land Aircraft Carrier which is expected in 2026. XPeng AeroHT, the flying car division of Chinese electric vehicle maker XPeng, has completed a…
China Tightens Regulations on Used Car Exports to Close Zero-Kilometre Loophole
Concerns had been raised about overcapacity and brands marking new cars as used to facilitate exports and artificially maintain output. China has introduced stricter regulations for used car exports, targeting…
Nio’s Firefly Launches BaaS Pricing Five Weeks Early
Sub-brand slashes entry price by 33% with early BaaS launch as small EV competition intensifies Nio's budget-focused electric vehicle sub-brand, firefly, has brought forward its Battery-as-a-Service (BaaS) scheme by five…
Luxeed Cuts Prices As EV Price War Heats Up
The Chery-Huawei joint venture offers cash incentives on its S7 and R7 models as competitive pressures intensify. Luxeed, the electric vehicle brand co-developed by Chinese tech giant Huawei and state-owned…
CATL Joins Robotaxi Race with $177.5 Million Autonomous Driving Venture
Battery making, mobility, and financial giants join forces to tackle the growing robotaxi segment. In a strategic move beyond its core battery business, Chinese power cell giant CATL has entered…
Xiaomi Expands Beijing EV Facility with New Land Acquisition
Tech giant invests $88.5 million in Yizhuang plot to accelerate electric vehicle production Chinese technology powerhouse Xiaomi has acquired a substantial land parcel in Beijing for 635 million yuan ($88.5…
Zeekr Charges Past 500,000-Vehicle Milestone in Record Time
Geely’s premium electric vehicle brand hits production landmark in just 44 months, celebrating with a limited-edition luxury MPV as Chinese EV makers continue rapid expansion. Zeekr's 500,000th car has rolled…
GAC Toyota To Make New Car Development Decisions In China
Move aims to ensure products for the Chinese market are made from a Chinese perspective to boost product desirability. In a strategic pivot to regain its footing in China’s fiercely…
Chinese Automakers Make 60-Day Supplier Payment Pledge to Strengthen Supply Chain
So far, 17 major manufacturers have signed up, in a move aimed at boosting the health of the current industry financial situation. Seventeen of major auto manufacturers have signed pledges…
BYD Announces Deployment of 15,000 Megawatt Chargers Across China
Automaker partners with charging operators to expand ultra-fast charging infrastructure BYD has outlined plans to install 15,000 megawatt-level fast chargers in China as the company ramps up its charging network…