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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
XPENG announces foray into Italian market
XPENG announces foray into Italian market

At the launch event in Italy, XPENG presented three flagship innovations: the XPENG P7+, the XPENG X2 flying car, and its humanoid robot.

May 14 , 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
Geely Galaxy Xingyao 8 model hits market
Geely Galaxy Xingyao 8 model hits market

On May 9, Geely's Galaxy Xingyao 8 model officially hit the market, offering two powertrain options.

May 10 , 2025