Velotric

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 （19/04/2026-25/04/2026）

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.

Chery (奇瑞) Partners with NVIDIA to Deepen "Physical AI" Strategy, Entering L4 Autonomous Driving and Robotics Tracks

On April 23, Chery Automobile officially announced a global strategic partnership with NVIDIA in Beijing. The two parties will focus on the core framework of "Physical AI" to engage in full-stack technical co-creation across three major fields: assisted driving, cockpit AI, and embodied intelligent robotics.

Chinese auto giant Changan Automobile (长安汽车) unveils 2030 "1445" strategy, partnering with Chinese tech leader Desay SV (德赛西威) for global intelligence synergy

On April 21, Changan Automobile Group (长安汽车集团) held its Global Strategy Launch and Global Partners Conference in Chongqing, officially releasing its "1445" global strategy for 2030. The core vision of this strategy is to build a world-class automotive group with global core competitiveness.

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).