
Steering electronics supplier Xiangbin files for Shenzhen IPO
Its customers include major Chinese carmakers such as BYD, Chery, Leapmotor, Xpeng, Geely and Changan.

Its customers include major Chinese carmakers such as BYD, Chery, Leapmotor, Xpeng, Geely and Changan.

The strongest performance came from premium EV brand Zeekr, which delivered a record 34,377 vehicles in May, up 82% from a year earlier and 8.1% from April.