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BYD establishes European headquarters in Budapest
BYD establishes European headquarters in Budapest

On May 15, 2025, BYD officially announced the establishment of its European headquarters in Budapest, Hungary.

May 16 , 2025
Geely Automobile sees Q1 2025 revenue jump 25% YoY
Geely Automobile sees Q1 2025 revenue jump 25% YoY

On May 15, Geely Automobile Holdings Limited (“Geely Automobile”) released its financial results for the first quarter (Q1) of 2025, reporting a revenue of 72.5 billion yuan, up 25% year-on-year.

May 15 , 2025
China's autonomous trucking firm KargoBot.ai closes Series A+ funding
China's autonomous trucking firm KargoBot.ai closes Series A+ funding

On May 14, Chinese autonomous trucking technology company KargoBot.ai announced the completion of its Series A+ funding round, bringing its total funding in 2025 to nearly 300 million yuan.

May 15 , 2025
CATL, Changan Mazda sign MoU to co-develop NEVs based on skateboard chassis
CATL, Changan Mazda sign MoU to co-develop NEVs based on skateboard chassis

CATL and Changan Mazda have signed an MoU in Shanghai to jointly develop new energy vehicles (NEVs) leveraging CATL's CIIC (Integrated Intelligent Chassis) and Changan Mazda's vehicle manufacturing capabilities.

May 13 , 2025
SAIC Mobility, Momenta to co-launch mass-production-based Robotaxi fleet in Shanghai
SAIC Mobility, Momenta to co-launch mass-production-based Robotaxi fleet in Shanghai

The fleet will begin operations in Shanghai, offering autonomous ride-hailing services to local residents.

May 12 , 2025
BYD enters Romania with four NEV models, plans over 30 outlets by 2025
BYD enters Romania with four NEV models, plans over 30 outlets by 2025

On May 8, BYD officially entered the Romanian market, introducing four models: the SEALION 7, SEAL, SEAL U DM-i, and ATTO 2.

May 12 , 2025