Momenta Seeks Over $5 Billion Valuation in New Funding, Eyes Hong Kong IPO
is considering shifting its listing venue from New York to Hong Kong, and has informed some investors of a potential 2026 debut on the Hong Kong Stock Exchange.
Latest in EV news, technologies, data and insights from China market
is considering shifting its listing venue from New York to Hong Kong, and has informed some investors of a potential 2026 debut on the Hong Kong Stock Exchange.
No compromise, thus enabling the “Mercedes” drive.
Qianli Technology is expected to collaborate with Mercedes-Benz on R&D projects and provide technology support for the German automaker’s upcoming models in China.
From January to August, the top three selling RMB 300,000 ($42,000) electric SUVs were the Tesla Model Y, NIO ES6, and Luxeed R7. However, the rapid sales growth of the Xiaomi YU7 is poised to shake up this ranking.
Nvidia is developing a Robotaxi project using an “end-to-end” neural network, investing $3 billion to establish a technical showcase amid competitive market growth by 2025.
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.
Mercedes-Benz plans to launch dozens of new or updated models by 2027, covering combustion, hybrid, and fully electric powertrains.
Mercedes-Benz plans to bring the solid-state battery technology to mass production within the next five years.
The all-electric Mercedes-Benz CLA comes equipped with a single-motor system paired with a two-speed transmission, delivering a CLTC-rated driving range of 866 km.
In 2025, the all-new all-electric Mercedes-Benz GLC SUV, tailored for Chinese consumers, aims to sustain its competitive edge amid rising domestic NEVs, asserting strong sales.