Poly development: in November, the contracted area was 2.2664 million square meters, a year-on-year decrease of 13.79%

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.”

Unpacking China | Key Chinese Firms to Watch This Week （24/05/2026-30/05/2026）

Amid fast-paced changes that fill the business community with excitement, angst and trepidation, EqualOcean will publish a series of roundup articles to document the major events related to Chinese companies going global every week.

Xiaomi EV (小米汽车) Anticipates Official Global Launch in the Second Half of 2027

Xiaomi EV (小米汽车) plans to officially launch its overseas expansion in the second half of 2027, adopting an unconventional strategy that targets developed, right-hand drive, and mid-to-high-end markets first to directly challenge global luxury auto giants.

GAC Group (广汽集团) Releases Global Expansion Report Card: 2025 Exports Exceed 130,000 Units, Setting an Aggressive Growth Target of 250,000 Units for 2026

GAC Group (广汽集团) achieved a historic milestone with over 130,000 overseas units sold in 2025 (up 45% YoY), and has set an aggressive target of 250,000 units for 2026 driven by its "Xingyuan Range Extender" technology and localized KD manufacturing across global markets.

XPENG (小鹏汽车) Takes Over Indonesian Plant EIDO: Assuming Management of West Java Production Base to Launch Fully Self-Operated Localized Operations

XPENG (小鹏汽车) has acquired a 90.1% stake in Indonesian manufacturing entity EIDO for full control of its West Java assembly plant, transitioning from contract manufacturing to fully self-operated localized production to anchor its expansion into Asia-Pacific right-hand drive markets.