Alibaba plans to spin off Banma, its smart vehicle tech unit, through a Hong Kong IPO that would reduce its stake to 30%. The listing, which has received initial approval, would mark Alibaba’s first ...

Agibot aims to close its Series C funding round by end-2025 and bring in global strategic investors, according to chairman Deng Taihua. Speaking at the firm’s inaugural partner conference, Deng ...

Nio will launch in Singapore in Q1 2026 with its Firefly EV, distributed by Wearnes Automotive. The model is expected to support battery swapping technology, though local infrastructure has not been ...