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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
Baidu's Apollo Go surpasses 11 million rides, expands global fleet to over 1,000 driverless vehicles
Baidu's Apollo Go surpasses 11 million rides, expands global fleet to over 1,000 driverless vehicles

Baidu announced on Wednesday that its autonomous ride-hailing service platform, Apollo Go, has delivered more than 11 million rides to the public as of May 2025.

May 22 , 2025
XPENG scores YoY growth in Q1 2025 revenue, gross margin
XPENG scores YoY growth in Q1 2025 revenue, gross margin

XPENG posted total revenue of RMB15.81 billion (US$2.18 billion) in Q1 2025, marking a 141.5% surge from RMB6.55 billion in the same period last year.

May 21 , 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