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The funding will support the Xpeng subsidiary in scaling production of its modular eVTOL vehicle.

Data shows USD 5.4 billion raised in 2025, just a quarter of the 2021 peak.

Profits from its domestic mobility operations are funding international expansion and autonomous driving investment.

Petrochemical, tech, and shipping companies are all grappling with the Strait of Hormuz blockage.

A Chinese charging infrastructure company led the latest investment.

Policy support for AI-assisted healthcare could accelerate the company’s platform growth across China.

Airbot moves freely to follow users, adapting cooling to different environments.

A restructuring will see more than half of its employees depart as focus shifts toward Flyme, AI software, and automotive systems.