China’s NEV Retail Penetration Hits 56.6% in August
From August 1 to 24, retail sales of new energy vehicles reached 727,000 units, while wholesale sales hit 711,000 units, reflecting significant year-on-year growth.
August 27, 2025
Read More
DeepRoute IO 2.0 Debuts with VLA Model, Five Models Set for Mass Production
Installed on nearly 100,000 vehicles, DeepRoute AI’s urban navigation-assisted system spans SUVs, MPVs, and off-road vehicles across more than ten models.
Zeekr VP Zhu Ling Reassigned, Rumored to Join Volvo
Geely’s Zhu Ling steps down from Lynk & Co amidst restructuring as Zeekr integrates brands. His future role remains unannounced, sparking industry speculation about Volvo.
China Builds the World’s Largest EV Charging Network
China has established the largest EV charging network, achieving a two-to-five charger-to-car ratio, with significant growth in both public and private chargers during the 14th Five-Year Plan.
CALB and Leapmotor Form Joint Venture with $139 Million Investment
Zhongling New Energy is jointly funded by CALB (03931.HK) and Leapmotor (09863.HK), holding 51% and 49% of the shares, respectively.
NIO Stock Jumps 8% as J.P. Morgan Raises Price Target to $8
NIO’s monthly sales are expected to reach 40,000 to 50,000 units starting in October.