The proposed purchase price is $25.66 per Zeekr ADS, a premium of 13.6 percent from the last trading session. The move is aimed at driving resource consolidation, reducing costs and building long-term ...

Xpeng has invited banks to pitch for a role in an IPO that could take place in Hong Kong or the US, according to Bloomberg. Xpeng Aeroht's last financing was a $150 million series B1 round in August ...

Avatr said Elon Musk shared inaccurate information and invited the Tesla CEO to witness a wind tunnel test of the Avatr 12. This comes after a video raised skepticism about the Avatr 12's drag ...

Nio Inc had 5,100 insurance registrations in China last week, including 3,470 under the Nio brand, 1,280 for Onvo and 350 for Firefly. Vehicle deliveries were negatively impacted by the May 1-5 Labor ...

Xiaomi EV delivered over 28,000 units in April, it announced today on Weibo. As it has done for the past few months, Xiaomi ...

This is one of Onvo's latest efforts to optimize the car using experience following a change in its management. Onvo has virtually exempted L60 owners under a BaaS plan from an additional cost ...

WeRide and Uber will expand their robotaxi partnership to several new cities each year outside the US and China. WeRide and Uber's fleet size in Abu Dhabi will reach 50 units by mid-2025. (WeRide's ...

CATL's joint venture in Indonesia plans to build a battery cell plant with an annual capacity of 15 GWh. The plant is expected to be commercially operational by 2027. (File photo shows the CATL logo.

Momenta's partnership with Uber will start first in Europe in 2026. The partnership will bring self-driving vehicles to the Uber platform, covering international markets outside of the US and China.

The partnership is expected to first launch in a key market in the Middle East later this year. Pony AI is the third Chinese company to announce a partnership or deepening of a partnership with Uber ...

Xpeng delivered 94,008 vehicles in the first quarter, exceeding the upper end of its guidance range. In the January-April period, Xpeng delivered 129,053 vehicles, up 313.45 percent year-on-year.

On May 5, Leapmotor booked over 3,700 orders in a single day, with the C11 SUV contributing 1,099 units. Leapmotor delivered 41,039 vehicles in April, its second highest ever. (A Leapmotor C11 on ...