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China's auto SoC supplier SiEngine secures over 1 billion yuan in Series B funding
China's auto SoC supplier SiEngine secures over 1 billion yuan in Series B funding

SiEngine, a Chinese supplier of high-end automotive SoC, announced it had completed a Series B funding round exceeding 1 billion yuan.

Aug. 19 , 2025
XPENG granted 10-billion-yuan credit line from China CITIC Bank
XPENG granted 10-billion-yuan credit line from China CITIC Bank

On August 14, XPENG signed a strategic cooperation agreement with China CITIC Bank in Guangzhou, according to a post on XPENG’s WeChat account.

Aug. 19 , 2025
Desay SV, Dongfeng Motor step up strategic partnership with focus on smart mobility
Desay SV, Dongfeng Motor step up strategic partnership with focus on smart mobility

The two sides plan to collaborate across six key areas: localization, vehicle-road-cloud integration, joint innovation, transparent and green supply chains, and product competitiveness.

Aug. 19 , 2025
XPENG unveils P7 Wing Edition with electrically operated scissor doors
XPENG unveils P7 Wing Edition with electrically operated scissor doors

XPENG released official images of the all-new P7 Wing Edition, which features distinctive scissor doors.

Aug. 19 , 2025
KargoBot.ai, Zhizi Automobile deepen partnership to scale up intelligent commercial vehicles
KargoBot.ai, Zhizi Automobile deepen partnership to scale up intelligent commercial vehicles

By incorporating Zhizi Automobile's high-performance new energy commercial vehicles, KargoBot.ai plans to enhance its operations in short-haul transport and provide the hardware foundation for scaling autonomous driving.

Aug. 19 , 2025
Leapmotor posts first half-year profit as deliveries, exports surge
Leapmotor posts first half-year profit as deliveries, exports surge

This milestone makes Leapmotor the second new energy vehicle (NEV) startup in China to post a half-year profit.

Aug. 18 , 2025