Latest in EV news, technologies, data and insights from China market
Horizon Robotics and Hello Inc. will collaborate to develop cost-efficient and highly reliable intelligent driving technologies, accelerating the commercialization of Robotaxi services.
Why is listing so important for Chery, and can it become a “booster” for expanding its overseas territory?
Upon completion of the transaction, FAW Group and New Territory will hold 35.8% and 34.85% stakes in Zhuoyu Technology, respectively, jointly controlling the company.
Which models made it to the top 10 of China’s new energy vehicle (NEV) sedan sales ranking in August?
In H1 2025, global NEV sales grew 30%, with China leading at 62% market share. Domestic automakers dominate, posing challenges for foreign brands facing declining sales.
Hesai has become the first LiDAR company to achieve dual primary listings in both the U.S. and Hong Kong.
Currently, major automakers including Seres Group, BYD, Xiaomi Auto, NIO, Great Wall, Changan, Chery, GAC, SAIC, Dongfeng, and Li Auto have voiced support for the Code.
Chery’s brand portfolio now spans five marques—Chery, Jetour, Exeed, iCAR, and Luxeed (the Huawei-backed venture).
LUXEED invests ¥10 billion+ ($1.4 billion+), expands R&D team to 5,000, forms a NEV company, deepens integration with Huawei for future growth.
Amid surging new energy MPV sales, Chery has handed the first-mover opportunity to LUXEED, aiming to leverage the Harmony Intelligent Mobility Alliance (HIMA) ecosystem for a brand breakthrough.