Lei Kang

  • Huawei-backed Stelato to invest $2.8 billion over next 3 years to ramp up EV efforts

    Huawei and BAIC will establish a dedicated Stelato business unit team operating under a "strategic alliance" approach.

  • Xpeng to debut extended-range X9 MPV in Oct, kicking off its EREV lineup

    The extended-range X9 will kick off Xpeng's EREV product cycle, followed by extended-range G7 and G6 SUVs, and the extended-range P7+ sedan.

  • CATL shares surge as China's energy storage push fuels optimism

    China aims to install over 180 million kW of new energy storage capacity by 2027, driving about RMB 250 billion ($35 billion) in direct project investment.

  • China EV market to feel greater heat from Huawei in 2026 as new report reveals HIMA's model plans

    All five brands under Huawei's HIMA business will launch new models in 2026.

  • Spy shots reveal what appears to be Xpeng Mona lineup's 1st SUV model

    Two spy shots have surfaced of what is believed to be the inaugural SUV model from the Mona lineup, which is expected to offer competitive pricing similar to the M03.

  • Dreame closes 1st funding round for EV business

    Dreame has completed its first round of funding for its EV unit, just two weeks after officially announcing its entry into car-making.

  • Arcfox launches $8,820 T1 compact EV to regain relevance in Chinese market

    Arcfox said the T1 secured 26,558 firm orders within 12 hours of its launch.

  • Xpeng reportedly plans to launch extended-range version of P7+ sedan in 2026

    Xpeng has already filed for EREV versions of its X9 MPV and G7 SUV, while the EREV variant of the G6 SUV has also been spotted.

  • China Aug EV battery installations: CATL holds 42.35% share, BYD 20.85%

    CATL's August share increased by 0.95 percentage points compared to July, while BYD's share decreased by 0.34 percentage points.

  • China NEV retail at 181,000 in Sept 1-7, down 3% year-on-year

    From September 1 to 7, China's total passenger vehicle retail sales totaled 304,000 units, a 10 percent year-on-year decrease.