News
China's auto production, sales both surge over 30% YoY in Feb. 2025, despite slight MoM dip
China's auto production, sales both surge over 30% YoY in Feb. 2025, despite slight MoM dip

In February 2025, there were 2.103 million vehicles produced in China, representing a 14.1% month-on-month decline but a 39.6% year-on-year surge.

Mar. 11 , 2025
Leapmotor reports 92% YoY surge in 2024 annual revenue
Leapmotor reports 92% YoY surge in 2024 annual revenue

On March 10, Leapmotor released its 2024 financial report, logging annual revenue of 32.16 billion yuan, marking a year-on-year surge of 92%.

Mar. 11 , 2025
Leapmotor starts pre-sale for B10 model, unveiling LEAP 3.5 tech architecture
Leapmotor starts pre-sale for B10 model, unveiling LEAP 3.5 tech architecture

On March 10, Chinese new energy vehicle maker Leapmotor officially launched the pre-sales of its first globally-oriented model in the B series, the Leapmotor B10.

Mar. 11 , 2025
UAM tech company EHang completes maiden eVTOL flight in Mexico
UAM tech company EHang completes maiden eVTOL flight in Mexico

On March 10, leading urban air mobility (UAM) technology company EHang announced that its EH216-S unmanned electric vertical take-off and landing (eVTOL) aircraft successfully completed its first flight in Mexico.

Mar. 11 , 2025
U POWER Tech appoints former Continental AG’s executive Ralf Cramer as global strategic advisor
U POWER Tech appoints former Continental AG’s executive Ralf Cramer as global strategic advisor

On March 11, U POWER Tech announced that it has entered into a strategic partnership with Dr. Ralf Cramer, a prominent figure in the global automotive industry, who will serve as the company's global strategic advisor.

Mar. 11 , 2025
Hesai Technology logs annual revenue of 2.08 billion yuan in 2024
Hesai Technology logs annual revenue of 2.08 billion yuan in 2024

On March 11, LiDAR company Hesai Technology announced its unaudited financial results for the fourth quarter (Q4) and full year of 2024.

Mar. 11 , 2025