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Aerofugia Technology, the Geely‑backed eVTOL developer, has signed a tutoring agreement with CSC Financial to prepare for a Shanghai STAR Market IPO. The move follows a February funding round that raised nearly 1 billion yuan (≈ $146 million). The company recently rolled out the AE200‑100, China’s first pure‑electric passenger aircraft, which already has over 1,000 commercial orders. Aerofugia aims to secure type certification by 2026‑27 and commence small‑scale commercial trials thereafter.
Nio’s sub‑brand Firefly will unveil an upgraded Firefly EV on April 7, featuring a larger battery and more powerful motor. The refresh follows a strong March delivery surge, with the brand moving 6,119 units—a 130% month‑on‑month rise—and reaching 50,000 cumulative deliveries...
Chinese battery leader CATL has signed a strategic cooperation agreement with logistics giant STO Express to accelerate electrification of its delivery truck fleet. The partnership will deploy charging and battery‑swap infrastructure, leveraging CATL’s Qiji Energy network, which already includes over...
