East Asia

Higher-margin services adjacent to its car business boosted overall results.

Heavy spending on commerce weighed on its margins and cash flow.

Strong results were offset by higher expenses and a warning of increased spending in 2026.

NEV growth and an improved product mix supported the carmaker’s earnings, but profit expansion remained uneven.

The funding will support the Xpeng subsidiary in scaling production of its modular eVTOL vehicle.

After a viral OpenClaw installation event, Tencent is expanding more aggressively into a suite of AI agent tools.

Profits from its domestic mobility operations are funding international expansion and autonomous driving investment.

A Chinese charging infrastructure company led the latest investment.