Pony.ai Robotaxi Revenue Jumps 129% to $16 Million in 2025
Pony.ai reported 2025 revenues of RMB 629 million, with significant growth from its Robotaxi business and plans to expand globally.
EV industry
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Xiaomi Becomes BYD’s Top External Battery Customer, Accounting for 17.9%
From January to February, China’s new energy vehicle production reached 1.604 million units, down 13.7% YoY, with a cumulative penetration rate of 39.9%.
Nissan unveils NX8 interior in strategic push for premium EV market
Upon launch, the Dongfeng Nissan NX8 is expected to compete directly with the Geely Galaxy M9 and Chery Fulwin T11.
China Jan-Feb NEV Output Hits 1.6M Units as Penetration Retreats to 40%
China’s industrial output rose 6.3% YoY in Jan-Feb 2026, while auto sector growth trailed at 3.4%.
Hesai Secures Changan L3 Program With Second-Gen Solid-State LiDAR
Hesai has now secured over 160 production nominations from more than 40 automakers, covering all of China’s top ten brands by sales.
Over 80% of China’s ICE Trade-In Users Switch to NEVs in 2025
Among ICE owners in trade-ins, 81.2% shifted to NEVs, including 43.7% opting for BEVs, 23.4% for PHEVs and 14.1% for EREVs.
China’s Charging Infrastructure Hits 20.7 Million by End-Jan, Up 49.6% YoY
In January alone, 606,000 charging facilities were added, extending last year’s elevated growth trajectory.
BYD Follows 7-Year Low-Interest Policy with Up to $3057 Subsidy Stack
According to incomplete statistics, more than 20 automakers have currently followed up with 7-year low-interest financial policies.
XPeng Unveils 2026 Plan: Launching Multiple New Models Domestically while Doubling Overseas Sales
He Xiaopeng, CEO of Xpeng Motors, believes the company stands at a historic turning point: 2026 is the year Physical AI and globalization must be fully executed.
Major Chinese Carmakers Reduce Supplier Payment Cycles to 54 Days on Average
Most automakers have since adjusted payment terms, while some suppliers report effective delays despite nominal 60-day terms.