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ECARX sees 18% YoY growth in 2024 annual revenue
ECARX sees 18% YoY growth in 2024 annual revenue

Mobility tech company ECARX released its financial results for the fourth quarter (Q4) and full year of 2024, reporting steady growth in revenue and profitability.

Mar. 12 , 2025
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
Autoliv to build second China-based R&D center in Wuhan city
Autoliv to build second China-based R&D center in Wuhan city

On March 7, 2025, Autoliv officially signed an agreement with the Dongxihu District government in Wuhan, Hubei Province, to establish its second R&D center in China, according to a post on Autoliv's WeChat account.

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