Desai Xiwei: the net profit in 2021 will increase by 54% - 64% year-on-year

Chassis Supply Chain's "iPhone Moment": China's Tier 1 Shift as LeeKr Emerges

Over the past decade, China's electric vehicle (EV) industry has evolved from a niche experiment into a leading force in the global automotive landscape. In the first ten months of 2025, China exported over 2 million EVs, nearly double the year-earlier figure. From European city streets to Southeast Asian highways and Latin American urban centers, Chinese EVs have emerged as one of the most prominent symbols of a new era of “Made in China.”

Geely Auto (吉利汽车) Officially Enters Austria, Partnering with AutoWallis to Cultivate Central European NEV Market

On April 28, Geely Auto (吉利汽车) and AutoWallis, a well-known Austrian automotive distribution company, officially signed a cooperation agreement. Under the terms of the agreement, AutoWallis will gain exclusive import and distribution rights for the Geely (吉利) brand in the Austrian market.

Politburo Meeting Sets Tone for "15th Five-Year Plan" Start, Addressing "Involuted" Competition and Implementing "AI Plus" Initiative

On April 28, the Political Bureau of the CPC Central Committee (中共中央政治局) held a meeting to analyze the current economic situation. The meeting noted that China's economy saw a strong start in the first quarter (GDP grew 5.0% year-on-year), with major indicators exceeding expectations. As the first Politburo meeting focused on economic work following the start of the "15th Five-Year Plan" (十五五) cycle, it released policy signals characterized by a high sense of urgency.

Li Auto, Nvidia and Desay SV Automotive Sign a Tripartite Agreement 

Li Auto's second product, a full-sized SUV, will be the first to use Nvidia's Orin system-on-chip product. 

Self-driving and IoV to be New Business Engines for Desay SV

The intelligent cockpit has been the firm’s core business, taking up 90% of revenues; Desay SV is pivoting towards ADAS and IoV to capture opportunities in the era of autonomous driving.