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FAW Invests US$533 Million in Leapmotor to Fuel Global Expansion
By MBN Staff - Tue, 01/06/2026 - 10:27
Beyond the financial injection, the agreement includes a broad technology cooperation agenda between FAW Qixin Power and Leapmotor.

https://mexicobusiness.news/tag/li-auto
More Automotive
China EV Makers Cut Guidance as Profits, Demand Weaken
By Teresa De Alba - Wed, 12/03/2025 - 17:30
China’s EV makers entered 4Q25 expecting momentum, but recent results show weaker profits and softening demand, prompting lowered guidance
VW to Boost China-Made Exports Globally, Excluding Europe
By Teresa De Alba - Fri, 11/28/2025 - 14:20
Volkswagen will expand exports of China-built models to more global markets while assessing demand for ICE and EV units, but excludes Europe
China Car Sales Up 19% in June Amid Overcapacity Warnings
By Teresa De Alba - Wed, 07/09/2025 - 13:36
China’s passenger car sales rose 18.6% YoY in June, as regulators warned automakers to curb aggressive discounting amid overcapacity
China’s EV Market to Shrink to 15 Brands by 2030
By MBN Staff - Mon, 07/07/2025 - 09:22
Only 15 of 129 EV brands in China are expected to survive by 2030, as industry consolidation accelerates amid rising competitive pressure
BYD Cuts EV Prices Up to 30%, Sparking China Market Jitters
By Teresa De Alba - Tue, 06/03/2025 - 17:37
BYD cuts prices up to 30% on budget EVs, sparking similar discounts from rivals and raising concerns over China's EV market volatility
China's NEV Sales Hit 50% Milestone in July
By MBN Staff - Thu, 08/08/2024 - 17:07
China’s new energy vehicle sales reached over 50% of all car sales for the first time in July
Tesla Cuts Global EV Prices Amid Rising Competition
By Óscar Goytia - Mon, 04/22/2024 - 18:04
Tesla has cut prices globally amid rising competition in the EV market, particularly coming from China