Bringing you the latest updates on funding deals and activities in the Asia Pacific.

CATL’s “Choco-Swap” system reimagines EV batteries as assets, shaping a new business paradigm that maximizes utility and profitability.

Will the dual launch give Nio the momentum it needs to lead the EV market in 2025?

WeChat’s new feature streamlines product gifting on its platform, leveraging its social ecosystem to enhance shopping convenience and drive merchant engagement.

With a renewed focus on profitability and expansion in lower-tier cities, GoodMe seeks to bolster investor confidence ahead of its anticipated listing.

Firefly, Nio’s third automotive brand, is set to unveil its first model at Nio Day on December 21, with a China debut leading its rollout.

The ByteDance co-founder’s Hong Kong-based firm will target early-stage tech investments, with artificial intelligence expected to be a core focus.

Former director Song Gang’s exit to Envision Energy comes as Chinese automakers like Li Auto push the limits of manufacturing innovation.