BRIEF: Leapmotor raises $430 million from share sale to state-run investor
Electric vehicle (EV) maker Zhejiang Leapmotor Technology Co. Ltd. (9863.HK) said on Tuesday it will raise about 3 billion yuan ($430 million) through a share placement to state-owned investor Jinhua…
BRIEF: Xiaomi targets 550,000 EV deliveries this year, up 34%
Xiaomi Group (1810.HK) plans to deliver 550,000 electric vehicles in 2026, up about 34% from around 410,000 units delivered in 2025, underscoring its confidence in the continued expansion of its…
BRIEF: Capacitor film maker Haiwei sags in Hong Kong debut
Hebei Haiwei Electronic New Material Technology Co. Ltd. (9609.HK), a producer of ultra-thin capacitor film, opened 5.4% below its offer price in its Hong Kong trading debut on Friday, and…
BRIEF: Xiaomi recalls 117,000 SU7 EVs for assisted driving software upgrade
Xiaomi Corp. (1810.HK) on Friday recalled about 117,000 of its SU7 Standard Edition electric vehicles produced before Aug. 30. The move was prompted by potential shortcomings with their highway pilot…
BRIEF: Xiaomi debuts YU7 electric SUV, starting at $35,400
Xiaomi (1810.HK) launchedits first electric SUV, the Xiaomi YU7, on Thursday, taking pre-orders with a starting price of 253,500 yuan ($35,400), directly challenging Tesla’s Model Y, which starts at a…
BRIEF: XPeng sustains momentum in May, as Leapmotor sets new sales record
China’s new energy vehicle (NEV) market continued to grow rapidly in May, as multiple brands posted record-high monthly deliveries. XPeng Motors (XPEV.US; 9868.HK) delivered 33,525 vehicles during the month, up…
BRIEF: Stellantis halts Leapmotor EV production in Poland
Automaker Stellantis (STLA.US) announced on Tuesday that it stopped assembling Chinese EV maker Leapmotor’s (9863.HK) T03 small electric vehicle (EV) at its Polish plant as of March 30. The company…
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