China's Caixin manufacturing PMI in November was 49.9, expected to be 50.6, compared with the previous value of 50.6.

Beyond Capital: Why Europe Needs Industrial Partners, Not Just Investors

Europe’s reindustrialization is creating new opportunities for Chinese companies. However, the winners will not necessarily be those seeking quick acquisitions or rapid market access. The real opportunities belong to companies capable of embedding themselves into Europe’s industrial ecosystem and supporting the long-term transformation of local industries.

Leapmotor Starts B10 Production at Stellantis’ Spanish Plant, Deepening European Manufacturing Partnership

Leapmotor（零跑汽车）has begun production of its B10 electric SUV at Stellantis’ Zaragoza plant in Spain, extending its European business from vehicle sales into local manufacturing through an established automaker’s industrial network.

Pony.ai Begins Manchester Robotaxi Tests with Uber and Verne, Extending UK Expansion

Pony.ai（小马智行）, Uber and Croatian mobility company Verne announced on October 14 that Pony.ai’s seventh-generation robotaxis were testing in Manchester, adding a second British city to their expansion plans following an earlier London announcement. The move extends the partners’ European collaboration, although a launch date for public passenger service in Manchester has not been disclosed.

Dutech Acquires Selected Accell Assets, Expanding European Bicycle Portfolio

Singapore-based Dutech Holdings has completed the acquisition of selected brands and assets from bankrupt Dutch bicycle group Accell, expanding its European bicycle business through a deal that combines established consumer brands with local manufacturing operations.

XPeng Opens European G9L Orders at Paris Motor Show, French Prices Start at €74,990

XPeng (小鹏汽车) launched its G9L flagship SUV in Europe at the Paris Motor Show on October 12, opening orders with French prices starting at €74,990. The launch expands the Chinese automaker’s premium lineup as it develops European manufacturing, engineering and technology partnerships.