Geely Auto Posts 41% Jump in Nine-Month Core Net Profit Driven by Export Surge
Geely Automobile Holdings Limited reported a 10% rise in Q3 revenue to RMB 98.964 billion and a 28% increase in net profit.
CATL Ties Up With Chinese State Fuel Retailer on Charging, Battery-Swap Stations
CATL’s Times EV Service partners with Sinochem Oil Sales to develop charging stations, enhancing battery-swapping infrastructure across China.
Audi Draws Clear Line Between Four Rings and AUDI as AITC Sets Tech Roadmap
The Audi Innovation & Technology Center held its first meeting, detailing organizational structure and next-gen model development plans for the AUDI brand.
NIO Power Expands SOE Ties With 10 New Battery Swap Stations in Changsha
NIO Power and CETD Group launched ten battery swap stations, expanding their network partnership throughout Hunan and optimizing investment costs.
Volkswagen Group China Unveils VEGA Tech Stack, Targets Overseas Expansion
Volkswagen Group China launched VEGA, its integrated tech stack, aiming to expand globally from China.
Gotion High-Tech Posts 54% Revenue Growth, 66% Drop in Net Profit for Jan–Sep
Gotion High-Tech experienced significant revenue growth but declining net profit due to investment fluctuations, while its battery business thrives.
China Passenger Car Retail Sales Drop 26% in Oct. 1-25, NEV Retail Reaches 753K
China’s car sales fell 26% year-over-year in October, with a 22% decline in year-to-date figures.
Wuling Hongguang MINIEV Tops 2M Cumulative Sales in 76 Months
Wuling Hongguang MINIEV surpassed 2 million sales but faces declining demand in China’s mini EV market.
XPeng Begins Small-Batch Production of Solid-State Batteries for IRON Robot
XPeng has begun small-batch production of solid-state batteries for its IRON humanoid robot, progressing towards large-scale production by 2026.
NIO-Led Electric Drive Project Wins Top Award From China SAE
NIO’s project on high-power-density electric drive systems won first prize at the China-SAE Science and Technology Awards for innovation.
