The company has begun IPO preparations with a valuation above RMB 7 billion and over ten state-linked projects under its belt.

The Chinese automaker targets communities with limited access to gas stations and public transit.

China’s BYD gains market share as VinFast sales help Vietnam catch up to Thailand.

Subsidy uncertainty and sparse charging infrastructure push buyers away from full EVs.

The company is leveraging its robotaxi experience to expand into road freight.

Chinese AI model developers agree on multimodality’s long-term value, but not on when its benefits justify the cost.

Growth in ride-hailing orders and technology services drove the expected improvement.

The company expects margins to improve as delivery subsidies normalize and operating efficiency increases.