Transportation

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.

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

The Hong Kong carrier eyes a fuel surcharge hike, while Qantas and other peers rush to adjust.

AI and new EV models feature in the automaker’s plans to regain momentum in 2026.

The Chinese automaker has taken risk and acted fast in expanding beyond its home market.

Record deliveries and a richer product mix pushed the automaker into profit, but the turnaround remains incomplete.

CEO He Xiaopeng said a leap from Level 2 to Level 4 autonomy is feasible.