Home/News
News
New models, launches, price moves and the companies behind them.
-
NewsLi Auto's first-half loss hits 4 billion yuan as i9 launch tests turnaround
Li Auto reported a 3.99 billion yuan net loss for the first half of 2026, its first half-year loss since 2023, as price cuts and falling sales squeeze...
-
NewsSeres takes control of Aito brand as Huawei steps back, shares fall
Seres has taken over product definition, design, marketing, and sales for its Aito brand, while Huawei remains a technology partner. The move, announc...
-
NewsLeapmotor posts first-half profit, but margin squeeze and cost pressures loom
Leapmotor reported a 57.2% revenue jump and a slim net profit in the first half of 2026, becoming the only profitable Chinese EV startup among its pee...
-
NewsToyota and Audi dismantle China's 'twin-car' strategy as joint ventures restructure
GAC plans to buy a stake in a FAW-affiliated Toyota joint venture, while Audi is splitting its two China ventures by brand. The moves mark the end of...
-
NewsGAC to acquire FAW-Toyota stake, merging Toyota's twin China ventures
GAC Group plans to buy FAW's stake in FAW-Toyota via a share swap, effectively merging Toyota's two Chinese joint ventures as the price war and EV tra...
-
NewsHuawei steps back as Seres takes control of Aito brand
Huawei and Seres have restructured their cooperation, with Seres now leading product definition, design, marketing, and sales for the Aito brand, mark...
-
NewsHuawei steps back from Seres as Aito brand prepares to go it alone
Huawei is shifting its deep 'smart selection' partnership with Seres to a lighter model, handing product, marketing and sales control of the Aito bran...
-
NewsSeres to take lead on Aito sales and marketing as Huawei steps back, report says
Huawei and Seres are reportedly adjusting their Aito cooperation model, with Seres set to take the lead on product, marketing, sales and service while...
-
NewsHuawei hands Aito control to Seres as smart-car partnership shifts
Huawei is ceding day-to-day control of the Aito brand to Seres, according to a report from Cailianshe cited by Huxiu, marking a significant change in...
-
NewsRobotaxi cost cuts could force a rethink of private car ownership, investor argues
As autonomous ride-hailing costs fall, an investor argues that private cars will lose their status as assets, becoming pure consumer goods, and that t...
-
NewsHuawei hands Aito operating control back to Seres as partnership shifts
Huawei and Seres have announced a new cooperation model for the Aito brand, with Seres taking the lead on product definition, design, marketing, retai...
-
NewsFAW to invest about 20 billion yuan in GAC, becoming second-largest shareholder
FAW Group plans to acquire about 30% of GAC Group through a share issue, a deal valued at roughly 20 billion yuan, making FAW the second-largest share...