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China's locally-made passenger vehicle retail sales projected to rise 8.5% YoY in May 2025
China's locally-made passenger vehicle retail sales projected to rise 8.5% YoY in May 2025

China's passenger vehicle (PV) market continued its upward trajectory in May 2025, driven by a combination of policy incentives, manufacturer promotions, and recovering consumer demand.

May 23 , 2025
Xiaomi EV launches first SUV model 'YU7'
Xiaomi EV launches first SUV model 'YU7'

On May 22, 2025, Xiaomi EV officially unveiled its first SUV model, the YU7—Chinese name "御7"—positioned as a luxury high-performance SUV.

May 23 , 2025
Baolong Automotive, WEIFU Group form joint venture to explore fully active suspension system market
Baolong Automotive, WEIFU Group form joint venture to explore fully active suspension system market

On May 20, Baolong Automotive and WEIFU Group announced the formation of a joint venture aimed at entering the emerging market of fully active suspension systems.

May 21 , 2025
WeRide, Tencent Cloud deepen strategic partnership to accelerate global Robotaxi deployment
WeRide, Tencent Cloud deepen strategic partnership to accelerate global Robotaxi deployment

Under the new agreement, the two parties will jointly promote the scale commercial operation of L4 Robotaxi services.

May 20 , 2025
Li Auto rolls out Li MEGA MPV's Home edition
Li Auto rolls out Li MEGA MPV's Home edition

On May 20, Li Auto celebrated the rollout of the Li MEGA Home, a new family-focused variant of its MEGA MPV lineup, at its Beijing Green Intelligent Manufacturing Base.

May 20 , 2025