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NEV News

Huawei and Chery Forge $1.4 Billion Alliance to Propel Luxeed into the Future of Electric Vehicles

Sarah Mitchell 07 Aug, 2025

Huawei and Chery have signed a $1.4 billion deal to advance their Luxeed brand into "Phase 2.0," including setting up a dedicated NEV company and expanding R&D. Part of Huawei's HI...

Business

China Dominates Global Electric Vehicle Market with Record 70% Sales Share

Olivia Carter 02 Jan, 2025

China has solidified its position as the global leader in the new-energy vehicle (NEV) market, accounting for 70% of worldwide sales from January to November 2024. This achievement...