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Leapmotor's net loss narrows both QoQ, YoY in Q3 2024
Leapmotor's net loss narrows both QoQ, YoY in Q3 2024

On November 11, Zhejiang Leapmotor Technology Co., Ltd. (Leapmotor) released its financial results for the third quarter (Q3) of 2024, reporting revenue of 9.86 billion yuan, marking an 83.9% surge quarter-on-quarter and a 74.3% spike year-on-year.

Nov. 12 , 2024
Cumulative deliveries of ZEEKR 007 SUV surpasses 20,000 units in 50 days upon market launch
Cumulative deliveries of ZEEKR 007 SUV surpasses 20,000 units in 50 days upon market launch

On November 11, ZEEKR announced that its first family-oriented SUV, the ZEEKR 7X, has surpassed 20,000-unit deliveries just 50 days after its market launch.

Nov. 12 , 2024
EHang, Enpower to co-develop electric motors, motor controllers for eVTOL aircrafts
EHang, Enpower to co-develop electric motors, motor controllers for eVTOL aircrafts

EHang, a Chinese company focusing on urban air mobility technology, announced on November 11 a long-term strategic partnership with Zhuhai Enpower Electric Co., Ltd., a prominent player in new energy vehicle power systems.

Nov. 12 , 2024
Autonomous delivery vehicle developer Zelos raises $100 million in B1 funding round
Autonomous delivery vehicle developer Zelos raises $100 million in B1 funding round

Autonomous logistics delivery vehicle developer Zelos recently announced the completion of its Series B1 funding round, which raised for the company $100 million.

Nov. 11 , 2024
Geely begins pre-sales, volume production of Galaxy Starship 7 EM-i model
Geely begins pre-sales, volume production of Galaxy Starship 7 EM-i model

On November 8, Geely officially opened pre-sales for its new Galaxy Starship 7 EM-i SUV model, offering five variants priced between 109,800 yuan and 142,800 yuan for early users who place orders.

Nov. 11 , 2024
China's auto production, sales rise both MoM, YoY in Oct. 2024
China's auto production, sales rise both MoM, YoY in Oct. 2024

In the tenth month of 2024, China's auto production and sales came in at 2.996 million and 3.053 million vehicles.

Nov. 11 , 2024