Mirattery completed a Series C financing of nearly RMB 1 billion ($140 million), an expansion from the RMB 670 million announced in November.
Mirattery added a state-owned enterprise in Meishan, Sichuan as a new shareholder.
Author: cnevpost
Changan EV unit Deepal secures $874 million in Series C funding
Deepal has brought in two new shareholders through this financing round, securing resources for its expansion.
Deepal sold 302,118 vehicles from January to November, marking a 45.73 percent year-on-year increase.
Zeekr reportedly to launch new 9S SUV in Q1 2026, spy shot surfaces
The Zeekr 9S can be viewed as a sportier version of the Zeekr 9X SUV, with a starting price potentially around RMB 450,000 ($64,230), according to a local media report.
The Zeekr 9S will be smaller than the Zeekr 9X and positioned more toward sporty performance.
CATL signs 50-GWh energy storage deal with Chinese electrical equipment maker Sieyuan
CATL and Sieyuan signed a three-year deal for energy storage cooperation, targeting a total project scale of 50 GWh.
CATL’s energy storage battery system revenue reached RMB 28.4 billion in the first half of 2025.
CATL’s key lithium mine expected to resume production around Chinese New Year
CATL’s Jianxiawo lithium mine in Yichun, Jiangxi, is expected to resume production around the Chinese New Year in February, according to a local media report.
CATL suspended operations at the Jianxiawo lithium mine on August 10 due to the expiration of a key mining permit.
Li Auto’s i8 product head to leave, report says
Li Auto’s product lead for models including the Li i8 will soon depart, likely due to the Li i8’s underwhelming sales performance, according to a local media report.
He oversaw models including the Li i8, Li L7, and Li L8 at Li Auto.
China NEV retail sales in Dec 1-21 rise 1% year-on-year to 788,000 units
From December 1 to 21, China’s overall passenger vehicle retail sales totaled 1.3 million units, down 19 percent year-on-year.
Year-to-date, China’s passenger NEV cumulative retail sales reached 12.26 million units, up 18 percent year-on-year.
GWM to adopt Momenta’s driver assist solution, report says
Momenta will provide smart driving solutions for two new GWM models, expected to be launched early next year.
These vehicles will feature Momenta’s latest one-stage end-to-end solution, the R6 Flywheel large language model.
BYD Yangwang launches special green exterior edition for U9 electric supercar
The green exterior edition commemorates the U9 Xtreme’s achievements at Germany’s Nürburgring circuit.
The U9 starts at RMB 1.8 million, with customers opting for this green special edition incurring additional costs.
Leapmotor expects profitable year with nearly 600,000 units sold in 2025
Leapmotor is on track to achieve annual profitability in 2025 with full-year sales approaching 600,000 units, its CEO said while celebrating its 10th anniversary.
It will accelerate overseas market expansion as part of its efforts to reach 1 million annual sales in 2026.
Huawei-GAC joint brand Qijing shares 1st glimpse of debut model as road testing begins
Qijing shared a video revealing its first model’s appearance, though heavily camouflaged.
The vehicle will utilize the latest technologies from Huawei Qiankun, supporting Level 3 autonomous driving capabilities.
Geely’s popular Xingyuan EV achieves 500,000 deliveries just 14 months after launch
In November, the Xingyuan EV recorded retail sales of 44,239 units, marking its sixth consecutive month surpassing the 40,000-unit mark.
The currently available Xingyuan EV was launched on October 10 with a limited-time starting price of RMB 65,800 ($9,360).
Arcfox, Deepal secure China’s 1st dedicated license plates for L3 autonomous driving
Beijing today issued three dedicated license plates for L3 autonomous driving to Arcfox, while Deepal received a similar plate three days prior.
Analysis suggests models from BYD, FAW, GAC, Nio, and SAIC are next in line for L3 permits.
Xpeng delivers 100th car in Hong Kong as it builds initial user base there
Xpeng delivered its 100th new vehicle in Hong Kong, with a celebration attended by 30 G6 owners.
Xpeng exported a record 5,057 vehicles in November, bringing its January-November export total to 39,779 units.
BYD’s European registrations jump 221.8% in Nov, while Tesla slips 11.8%
BYD registered 21,133 new vehicles in Europe in November, compared to Tesla’s 22,801 units.
From January to November, BYD’s new vehicle registrations in Europe totaled 159,869 units, compared to Tesla’s 203,382 units.
SAIC logistics unit Anji reaches 41 car carriers, 8 added this year
The Anji Fortune was delivered to Anji Logistics on Monday, marking the sixth new 9,500-car-capacity vessel delivered to it this year.
By 2026, Anji’s self-operated ocean transport capacity will reach 600,000 vehicles annually.
Eve Energy breaks ground on sodium battery headquarters and robotics center
Eve Energy will invest about RMB 1 billion ($140 million) in this sodium-ion battery project, with an annual production capacity planned at 2 GWh.
The project also includes an AI and robotics center covering the entire process from robotics R&D to mass production.
Chery’s Exeed brand debuts ES8, ES7 GT, ET8, and ET9, expanding ES and ET lineups
Chery Exeed unveiled the ES8, ES7 GT, ET8, and ET9, following the launch of ET5 last month.
Exeed aims to become an innovator among global performance luxury brands in the smart mobility era.
Zeekr completes merger with Geely, delists from NYSE
Zeekr becomes a wholly-owned subsidiary of Geely and ceases trading as a public company.
Zeekr has requested the NYSE to suspend trading of its ADS.
Hesai to supply LiDARs for food delivery giant Meituan’s drones
Hesai will supply LiDARs for food delivery giant Meituan’s drones, marking a major breakthrough in markets beyond automotive LiDAR.
Hesai plans to commence mass production and delivery of its FTX LiDAR sensor in 2026.
