Hilltop leads the investment of $150 million in it system

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.

CATL (宁德时代) and HyperStrong (海博思创) Secure 60GWh Mega-Order, Launching Mass Production Era for World's Largest Sodium-Ion Storage Project

On the evening of April 27, CATL (宁德时代) and HyperStrong (海博思创), a leading domestic energy storage system integrator, signed a strategic cooperation agreement in Ningde, Fujian. The two parties announced a partnership involving a total of 60GWh in sodium-ion battery orders for energy storage over the next three years.

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.

Infographic: Financing and Overseas Expansion of Chinese Embodied Intelligence Companies in Q1 2026

China’s embodied intelligence sector saw strong Q1 2026 funding, led by early-stage hardware and component firms, while overseas expansion became mainstream, with Europe, Southeast Asia, and North America as key destinations.