Market & Industry
XPENG AEROHT raises $250 million in Series B financing
XPENG AEROHT raises $250 million in Series B financing

The fresh capital will support the company's efforts to advance the R&D, mass production, and commercialization of its flying car products.

Jul. 16 , 2025
NEV exports remain strong, with BYD leading across multiple regions丨China’s passenger vehicle export overview (Jan.–May 2025)
NEV exports remain strong, with BYD leading across multiple regions丨China’s passenger vehicle export overview (Jan.–May 2025)

According to data compiled by the Gasgoo Automotive Research Institute, China’s passenger vehicle exports for the Jan.–May 2025 period showed increasing market diversification.

Jul. 16 , 2025
BYD, Huasheng Haoche form strategic alliance in NEV leasing field
BYD, Huasheng Haoche form strategic alliance in NEV leasing field

The two companies will collaborate across multiple fronts, including NEV leasing, product customization, sales channels, and user services.

Jul. 15 , 2025
NEVC teams up with MeriTech to advance auto chip development
NEVC teams up with MeriTech to advance auto chip development

On July 8, NEVC and MeriTech Integrated Circuits signed a strategic cooperation agreement in Beijing.

Jul. 10 , 2025
Joyson Electronics' Hefei factory rolls off 1-millionth-unit steering wheel
Joyson Electronics' Hefei factory rolls off 1-millionth-unit steering wheel

From the production of the first steering wheel in 2023 to achieving this 1-millionth-unit milestone, Joyson Electronics' Hefei factory has set a new record in the automotive safety sector in just two years.

Jul. 10 , 2025
Rankings of electrification component suppliers in China (Jan.-May 2025): Top 5 power battery suppliers hold over 84% share, automakers’ in-house electric motor controllers exceed 50%
Rankings of electrification component suppliers in China (Jan.-May 2025): Top 5 power battery suppliers hold over 84% share, automakers’ in-house electric motor controllers exceed 50%

From January to May 2025, China’s new energy vehicle (NEV) electrification component sector sees increasing consolidation, as leading suppliers tighten their grip on the competitive landscape.

Jul. 10 , 2025