CATL Sets 2026 Timeline for Large-Scale Sodium-Ion Battery Deployment
According to the plan, CATL’s sodium-ion batteries will see concentrated deployment from 2026 across battery swapping, passenger vehicles, commercial vehicles, and energy storage.
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FAW Takes 5% Stake in Leapmotor with $533 Million Private Placement
After completion, the newly issued domestic shares will account for 20.47% of Leapmotor’s expanded domestic share capital and 5% of its total enlarged issued share capital.
FAW Bestune Cumulative Sales Top 190,000 Units in 2025, Highest in 20-Year History
The Bestune Pony alone has sold over 104,000 units this year, accounting for nearly 60% of the brand’s total
China’s Top 10 Small NEVs in Nov: Wuling, BYD and Geely Dominate as Leapmotor Gains Momentum
In November, Wuling, BYD, and Geely dominated China’s NEV market, despite declining sales for many models.
China’s FAW to Mass-Produce Solid-State Batteries in 2027, First in Hongqi Flagships
The global solid-state battery market is projected to reach 200-300 billion RMB by 2030.
Leapmotor Founder and Shareholder Lift Stake Again in Over $14B Share Purchase
After the latest share purchase, the two founders and their affiliated major shareholder group together hold about 209 million H-shares and 129 million domestic shares, representing 23.75% of Leapmotor’s total share capital.
FAW Set to Take 5% Stake in Leapmotor by Year-End
Leapmotor stressed that the founding team’s controlling stake remains the bottom line, and any external investment would take the form of a minority stake without altering control.
China’s Gotion Advances All-Solid-State Battery to Pilot Production, Plans Vehicle Trials by 2027
Gotion unveiled its first-gen “Jinshi” all-solid-state battery last year, featuring an energy density of 350 Wh/kg—more than 40% higher than mainstream NCM lithium-ion cells.
FAW Group to Acquire 35.8% Stake in Zhuoyu Technology, Expanding into ADAS Development
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.
Hongqi to Roll Out 15 NEV Models in Europe by 2028, EHS5 Debuts in Munich
Having established a presence in Norway, the Netherlands, and Poland, Hongqi’s core product in Europe is the EHS9 full-size electric SUV, soon to be joined by the more compact EHS5.