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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
iMotion, Delloyd to establish two joint ventures in Malaysia for ADAS production, sales
iMotion, Delloyd to establish two joint ventures in Malaysia for ADAS production, sales

On May 13, iMotion Technology's wholly-owned Singapore subsidiary, iMotion Automotive Technology (Singapore) Pte. Ltd., signed two joint venture agreements with Malaysian automotive components leader Delloyd Technology Berhad.

May 14 , 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
SAIC Mobility raises over 1.3 billion yuan in Series C funding
SAIC Mobility raises over 1.3 billion yuan in Series C funding

On May 9, SAIC Mobility, the strategic mobility service brand under SAIC Motor, announced the completion of its Series C financing round, raising over 1.3 billion yuan.

May 10 , 2025