Mushroom car Union signed a strategic cooperation agreement with Hebi City

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.”

Toyota Partners with Chinese battery giant CATL (宁德时代) for localized battery production in Indonesia, aiming to build ASEAN EV hub

On April 20, Toyota Motor Manufacturing Indonesia (TMMIN) and CATL (宁德时代) officially announced a strategic partnership in Jakarta to promote the localized production of Hybrid Electric Vehicle (HEV) batteries in Indonesia. The project involves a total investment of approximately 1.3 trillion IDR (approx. 76 million USD; Note: original reports of 13 trillion IDR were corrected by the Jakarta Post to 1.3 trillion IDR, primarily for production equipment).

Chinese technology enterprise Dreame (追觅科技) reports eight consecutive years of doubled revenue, leading market share in over 30 countries

On April 20, Yu Hao (俞浩), founder and CEO of Dreame Technology (追觅科技), shared his unique business philosophy in an interview. He revealed that since its founding in 2017, Dreame has achieved an average annual revenue growth of 100% for eight consecutive years. By the end of 2025, Dreame’s products reached 120 countries and regions, securing the No. 1 market share in the robotic vacuum segment across more than 30 countries, including Germany, Italy, and Singapore.

Chinese smartphone manufacturer OPPO Find X9 Ultra makes global debut, penetrating Europe’s high-end market and entering Mongolia

On April 21, OPPO officially announced that its top-tier flagship Find X9 Ultra series will be launched outside of China for the first time, reaching 26 countries and regions simultaneously. The initial rollout includes core markets such as Spain, Italy, the UK, France, Sweden, and Singapore.

Xintai Intelligent Raises USD 120 Million from Tencent

Tianjing-based vehicle onboard equipment and intelligent connected vehicle service provider Xintai Intelligent has announced Friday the closure of the company’s Series A round of funding led by Tencent.