Xiaomi's new electric SUV, the YU7, is expected to enter the market in July, founder and CEO Lei Jun said in a Weibo post on Thursday. The world's third-largest smartphone maker will launch its second EV model later on Thursday.

TechNode summarizes the key moments from Neta’s attempt to restructure its business, find new investment money, and expand its overseas markets since last year.

China has become a global leader in electric cars and car tech, with one of the highest personal EV adoption rates in the world. But it's also ahead of everyone else when it comes to electric heavy-duty truck sales.

Asian equities had a poor start to the week, as Moody’s US debt rating cut weighed on risk sentiment, as Mainland China and Indonesia managed gains, while Taiwan and South Korea underperformed, as the US dollar fell versus most regional indices.

The China-Central Asia Energy and Power Innovation Alliance aims to create an international innovation platform that integrates research cooperation, talent cultivation, think tank development, and university-enterprise collaboration, according to a signing ceremony reported on the website of North China Electric Power University in Beijing.

CATL has started battery production at another factory in China. The plant is set to become the Group's largest production facility in the country. In the

China's XPeng on Wednesday forecast second-quarter revenue above Wall Street estimates, betting on growing demand for its lower-priced electric vehicles.