Yuebo power: Shanghai Qianying plans to reduce its shareholding by no more than 2.99%

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.”

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.

Himalaya Turns to Hong Kong for IPO

On September 14, after withdrawing the IPO application on US SEC, China's online audio platform Himalaya submitted an IPO prospectus to the Hong Kong Stock Exchange. The underwriters are Goldman Sachs, Morgan Stanley and CICC.