Chery and Huawei Deepen Ties to Target L3 and L4 Autonomy
Chery and Yinwang have signed a deep strategic partnership focusing on the R&D and mass-production rollout of L3 and L4 autonomous driving technology.
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Chery and Yinwang have signed a deep strategic partnership focusing on the R&D and mass-production rollout of L3 and L4 autonomous driving technology.
Afari to acquire Fvidar for RMB 25.908 million, enhancing its autonomous driving capabilities and expanding its technology portfolio significantly.
Geely is localizing production in Brazil with the EX2, its first electric vehicle made locally. This move expands its footprint amid Brazil’s growing automotive market.
In May 2026, Malaysia registered 8,287 EVs, led by Proton’s e.MAS series with 2,408 units.
BYD plans to expand into Canada with a megawatt charging network and local operations, aiming to address EV charging concerns in cold climates and establish dealerships.
China’s battery industry showed significant growth in May 2026, led by NEV demand and LFP technology dominance.
CALB signs a 220MWh deal with Japan’s GRF, expanding its energy storage presence significantly.
In May, four major Chinese SUVs, AITO M9, Li L9, NIO ES9, and Zeekr 9X, ignited fierce competition in the RMB 500,000 market segment.
In May, top 10 new-energy SUV sales in China rose 14%, led by Tesla, while newcomers reshaped rankings, intensifying competition.
Despite frequent official claims of strong orders, actual May registrations for the XPeng GX stood at just 270 units.