Xpeng Launches 2nd-Gen VLA Model, Volkswagen First Partner
XPeng announced that the second-generation VLA will be open-sourced to global commercial partners to drive industry-wide progress.
November 5, 2025
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First Aion UT Super Rolls Off Line with 99-Second Battery Swap
The Aion UT Super is the first private-car model to use CATL’s Chocolateswap system: 500 km range and a 99-second swap.
Volkswagen Bets on In-house SoCs with $200M Push into Autonomous Driving
The first model equipped with Volkswagen’s in-house SoC is expected to enter mass production within the next 3–5 years.
Global EV Battery Installations Hit 811.7 GWh in Jan–Sept 2025: CATL Holds 36.6%, BYD 17.9%
In Jan–Sep 2025, six Chinese companies ranked among the global top 10 in EV battery installations, with CATL and BYD accounting for 54.5% of the total.
Porsche Opens China R&D Center to Accelerate Localized Innovation
Porsche’s first locally developed infotainment solution—designed specifically for Chinese users—will be the Center’s initial technology deliverable, planned for installation in Porsche vehicles in 2026
Leapmotor Denies FAW Acquisition Rumors as Untrue
Buoyed by growing sales and profits, Leapmotor has raised its annual target to 580,000-650,000 vehicles and is aiming for one million units by 2026.
BYD to Phase Out “D-Chain,” Shift Toward Bill-Based Payments
Previous research indicates the D-Chain helped BYD save more than RMB 10 billion ($1.4 billion) in annual financing costs.
Seres Debuts on Hong Kong Exchange Main Board, Opens Down 8%
The net proceeds from this IPO will be primarily used for R&D investment, diversified new marketing channels, overseas sales, and charging network services.