Dongfang Yuhong: adjust the prices of some main products of the company, among which the asphalt coiled material is increased by 15% - 20%.

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 (零跑汽车) T03 Sweeps Germany with €49 Monthly Lease: Achieving "Phone Bill-Level" Car Ownership Through €3 Billion Subsidy Dividends

On May 11, Leapmotor (零跑汽车) officially launched an extremely aggressive leasing scheme for the T03 in the German market, with a starting price of just €49 per month. This price is even lower than many mid-to-high-end mobile phone plans in Germany, sending shockwaves through the entry-level electric vehicle (EV) segment.

China's April CPI Rises Moderately to 1.2%; PPI Surges Significantly Driven by International Commodities and Computing Power Demand

On May 11, the National Bureau of Statistics of China released data showing that in April 2026, the national Consumer Price Index (CPI) rose by 1.2% year-on-year, an increase of 0.2 percentage points from the previous month, with the month-on-month figure turning from a decline to a rise. The moderate recovery of the CPI was primarily driven by the dual impact of surging energy prices and an explosion in travel demand during holidays.

ByteDance (字节跳动) Raises 2026 AI Infrastructure Budget to 200 Billion RMB, Accelerating Shift to Domestic Chips to Hedge Supply Chain Risks

On May 9, according to the South China Morning Post citing sources familiar with the matter, ByteDance (字节跳动) has raised its 2026 AI infrastructure capital expenditure plan to 200 billion RMB (approximately $29.4 billion), an increase of at least 25% from the 160 billion RMB scheme drafted at the end of last year.

Jeep Parent Company Stellantis (斯特兰蒂斯) Deepens Cooperation with China's Leapmotor (零跑汽车) to Advance EV Expansion in Europe

Recently, Stellantis (斯特兰蒂斯) and Leapmotor (零跑汽车) announced that they will further intensify their production layout in Europe, signifying that the overseas strategy of Chinese automakers has shifted from pure trade exports to deep asset integration.