Momenta Expands Autonomous Driving Push Into Robovan After Robotaxi
Momenta has launched its unmanned Robovan service in Suzhou, using a map-free approach for efficient urban logistics solutions.
China Auto Industry H1 2026: Profit Drops 20%, Margin Slips to 3.8%
In the first half of 2026, China’s automotive sector faced declining profits amid rising costs.
XPeng Launches Australia Strategy, Eyes Five New Models in Six Months
XPeng plans to launch five new models in Australia, expand its sales network, and enhance local operations within six months.
Geely-Backed CaoCao Mobility Opens Driverless Robotaxi Testing in China
CaoCao Mobility has started Robotaxi testing in Hangzhou without a safety operator, enhancing autonomous vehicle capabilities and operational efficiency.
CXMT Surges 471% in Market Debut, Backed by NIO, Xiaomi, and Chery Capital
CXMT surged 471% on its STAR Market debut, becoming China’s largest A-share company by market capitalization at the open.
Chery Reaches 20 Million Global Sales Milestone Over 29 Years
Chery Group surpassed 20 million vehicle sales, driven by strong exports and new energy vehicle growth.
China Imports 200K Vehicles in H1 2026, Down 11% YoY
China’s vehicle imports fell 11% in the first half of 2026 due to stronger domestic brands and logistics issues, with Japan leading imports.
XPeng CEO Expects Robotaxi Business to Break Even in H2 2027
XPeng CEO He Xiaopeng forecasts Robotaxi profitability by 2027 through vehicle density, focusing on technology partnerships, not fleet management.
XPeng IRON Humanoid Robot Starts Pilot Production, Eyes In-Store Launch by 2027
XPeng’s humanoid robot IRON is in trial production, with mass production expected in 2026 for commercial deployment starting in 2027.
XPeng Recalls 33,473 X9 MPVs in China Over Front Air Spring Defect
XPeng recalls 33,473 X9 vehicles due to front air spring defects, addressing safety risks with free replacements and extended warranties.
