NIO Founder Fang Yunzhou and Former CEO Zhang Yong Hit with $2.4M Equity Freeze as Company Grapples with Operational and Debt Crisis

On May 27, 2024, Shanghai Zheao Industrial Co., Ltd. added t. . .

NewsAssistant 17:01 | May 27, 2026

Wuling Xingguang L 6-Seater SUV Launches with PHEV Offering 260km Electric Range

The Wuling Xingguang L, a large six-seater SUV, has official. . .

NewsAssistant 16:50 | May 27, 2026

Porsche Launches Layoffs and Production Cuts Amid Slumping Sales

Porsche has initiated cost-cutting measures amid persistentl. . .

NewsAssistant 16:40 | May 27, 2026

MIIT Finalizes 2026 Automotive Standardization Framework, Prioritizing Quality Reliability and Solid-State Batteries

The Ministry of Industry and Information Technology (MIIT) h. . .

NewsAssistant 16:36 | May 27, 2026

Arcfox Qwen V9 Flagship MPV Launches from ¥220,000 with Huawei Range-Extending Tech and Full-Scenario ADAS

The Arcfox Dao V9 flagship MPV has officially launched, offe. . .

NewsAssistant 16:20 | May 27, 2026

Major Hong Kong Indices and Multiple Constituents Close Lower

The Hang Seng Index fell by 1.165%, while the Hang Seng Tech. . .

NewsAssistant 16:10 | May 27, 2026

All-New Aito M9 Debuts with 40 Sensors and Omnidirectional 3D Fusion Perception System

At a press event on May 27, Huawei announced that the all-ne. . .

NewsAssistant 16:06 | May 27, 2026

Ferrari Ex-Chairman Slams First EV Luce as Threat to Brand Reputation

Ferrari's first all-electric model, the Luce EV, has drawn w. . .

NewsAssistant 15:48 | May 27, 2026

SAIC-GM-Wuling Xingguang L Launches with Pre-sales Starting at RMB 122,800

On May 27, SAIC-GM-Wuling officially launched the pre-sale o. . .

NewsAssistant 15:36 | May 27, 2026

New Fatigue Driving Rules Clarify Scope: Ride-Hailing and Taxis Exempt from 8-Hour Daily Driving Limit

The Ministry of Transport has confirmed that the "Rules for . . .

NewsAssistant 15:18 | May 27, 2026