Momenta was valued at over $5 billion in its latest funding round last year.
Momenta has begun meeting with investors to gauge initial interest.
Author: cnevpost
Exclusive: Nio revamps Europe operations, shifting further toward asset-light strategy
Nio is preparing a major restructuring of its European operations, with its remaining direct-sales markets likely transitioning to a more asset-light model, CnEVPost has learned.
Operations in Germany, the Netherlands, and Sweden may transition to a distributor model, while Norway may retain the direct sales model.
Honda turns to Chinese factory to boost domestic EV lineup
Honda plans to export its China-made e:NS2 pure electric vehicle to Japan and revive the Insight brand to expand its domestic EV lineup.
This move also aims to utilize idle capacity at Chinese factories to counter the sharp sales decline in China.
Huawei-backed Qijing to unveil L3-capable shooting brake on Mar 17
Qijing’s inaugural model features the world’s highest-specification mass-produced 896-channel LiDAR and integrates the HarmonySpace cockpit.
The shooting brake-style coupe is slated for launch in June 2026.
Nio sets up new Shanghai battery unit to accelerate solid-state tech
Nio has established a new battery tech firm in Shanghai to accelerate solid-state battery R&D, expecting scaled application after 2027.
The move marks Nio’s establishment of a “Shanghai R&D plus Anhui manufacturing” layout for its battery business.
Xpeng to launch G6 EREV on Mar 6 as hybrid push continues
Xpeng will launch the extended-range G6 SUV on March 6, aiming to further capture China’s hybrid vehicle market.
The launch serves as an addition to the automaker’s lineup; earlier this year, Xpeng added extended-range options to its P7+ sedan and G7 SUV.
Huawei HIMA opens pre-orders for Maextro S800, Aito M9 with world’s top-spec LiDAR
The Maextro S800 and Aito M9 will be equipped with 896-channel LiDAR, the highest specification globally.
The luxury models aim to challenge the dominance of German incumbents like Porsche and Mercedes-Benz in China’s high-end automotive segment.
VW pivots to range-extender tech in China with Mar 16 event for ID.ERA series
SAIC Volkswagen will hold a tech event on March 16 to showcase the core technological capabilities of its new ID.ERA series.
The first EA211 range extender has officially rolled off the production line, marking the German giant’s formal embrace of the EREV path in the Chinese market.
Nio weekly orders hit 2026 high following new Mar promotions
Nio Inc’s weekly orders reached a 2026 high in early March, largely driven by a series of new promotional measures, according to Deutsche Bank.
The new promotions for the ES8 were likely prompted by a significant reduction in customer wait times.
BYD Mar 5 tech event: Everything we know so far
BYD will launch its second-generation blade battery, new mega-charging technology, and multiple models across its main and sub-brands at its March 5 event.
BYD hopes to reverse its six-month sales decline through disruptive technologies and a concentrated rollout of new models.
BYD to launch 2nd-gen blade battery and flash-charging tech on Mar 5
The Yangwang U7 will be the first to feature the second-generation blade battery, achieving a pure electric range of 1,006 kilometers.
Amid six consecutive months of declining sales, this technology, teased as “disruptive,” is expected to serve as a key catalyst to boost market demand.
Nio sets Apr 9 for flagship ES9 SUV tech launch ahead of Beijing Auto Show
Nio will hold a tech launch event for its flagship ES9 SUV on April 9, slightly earlier than the April 10 date previously expected by company executives.
The automaker will also introduce minor upgrades to its core “5566” lineup this year to boost overall market competitiveness.
Stellantis-backed Leapmotor sets Mar 26 for global SUV model pre-sale
Leapmotor will commence pre-sales for its all-new A10 compact SUV on March 26, with the top-tier model expected to be priced below 100,000 yuan ($14,490).
Leapmotor is seeking to boost sales through new models while accelerating its global market expansion.
Chery’s iCar sets Mar 13 launch for new V27 hybrid SUV
Chery’s iCar will launch the V27, its largest SUV to date and the brand’s first EREV model, on March 13.
The top-trim model features Horizon Robotics’ advanced smart driving system and a Qualcomm smart cabin chip.
Former Nio Onvo president Alan Ai joins H World as chief growth officer
Former Nio executive Alan Ai has joined H World as chief growth officer, having resigned as president of the Onvo brand last year.
Ai previously stepped down after sales of the Onvo L60 failed to meet expectations.
BYD to roll out Datang SUV, Denza Z9GT, and updated Yangwang models on Mar 5
BYD is attempting to reverse declines with disruptive charging technology and premium models amid six consecutive months of falling sales.
BYD will debut the Datang and the refreshed Denza Z9GT on March 5, while also launching the facelifted models from Yangwang.
Morgan Stanley calls Xpeng VLA 2.0 ‘a bold leap forward’
Morgan Stanley believes progressive developments in VLA and physical AI will help convince investors that Xpeng is more than just an auto company.
Analysts believe the launch of VLA 2.0 will position Xpeng at the cutting edge of the L3/L4 autonomous driving rollout.
Xpeng launches updated X9 electric MPV at lower price to boost premium sales
The 2026 Xpeng X9 electric MPV has a starting price 14% lower than its predecessor, highlighting its aggressive pricing strategy.
Xpeng aims to achieve up to 600,000 deliveries in 2026 through its premium vehicle lineup and dual-power strategy.
Gotion finalizes design for 2-GWh solid-state battery line
Gotion is accelerating the commercialization of its next-generation batteries, with the design work for its 2-GWh all-solid-state battery line now largely complete.
The company previously established its first 0.2 GWh pilot production line for the Gemstone all-solid-state battery.
BYD teases ‘disruptive technology’ launch on Mar 5
With sales declining for six consecutive months, this technology could serve as a key catalyst to boost market demand.
The upcoming new technology may be closely linked to BYD’s recent large-scale deployment of megawatt-level flash-charging infrastructure.
