FAW Group

New Business

China’s FAW buys US$534 million stake in Leapmotor as EV firm sees deliveries jump in 2026

FAW Group, mainland China’s oldest carmaker, has agreed to acquire a 5 per cent stake in the Hong Kong-listed EV…

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New Business

Dongfeng Motor to list Voyah EV brand in Hong Kong, take parent company private

Dongfeng Motor, a major state-owned Chinese carmaker, plans to privatise its Hong Kong-traded unit and list its electric vehicle (EV)…

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New Business

Chinese drone maker EHang sees flying taxis take off by 2030 on the mainland

Flying taxis could be used for public transport within the next five years on the mainland, according to a senior…

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New Business

Volkswagen to launch 11 new models in China as it targets 4 million units by 2030

Volkswagen and its long-standing partner FAW Group will launch 11 new models exclusively for the Chinese market as it seeks…

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New Business

CATL to build 1,000 EV battery swap stations in China to ease range anxiety

Contemporary Amperex Technology (CATL), China’s largest producer of batteries for electric vehicles (EVs), plans to build 1,000 battery swap stations…

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