Phate Zhang

Mirattery completed a Series C financing of nearly RMB 1 billion ($140 million), an expansion from the RMB 670 million announced in November.

Deepal has brought in two new shareholders through this financing round, securing resources for its expansion.

CATL and Sieyuan signed a three-year deal for energy storage cooperation, targeting a total project scale of 50 GWh.

CATL's Jianxiawo lithium mine in Yichun, Jiangxi, is expected to resume production around the Chinese New Year in February, according to a local media report.

Li Auto's product lead for models including the Li i8 will soon depart, likely due to the Li i8's underwhelming sales performance, according to a local media report.

Momenta will provide smart driving solutions for two new GWM models, expected to be launched early next year.

Leapmotor is on track to achieve annual profitability in 2025 with full-year sales approaching 600,000 units, its CEO said while celebrating its 10th anniversary.

Qijing shared a video revealing its first model's appearance, though heavily camouflaged.

In November, the Xingyuan EV recorded retail sales of 44,239 units, marking its sixth consecutive month surpassing the 40,000-unit mark.

Analysis suggests models from BYD, FAW, GAC, Nio, and SAIC are next in line for L3 permits.