Several Chinese electric vehicle manufacturers have reported their first annual or quarterly profits, demonstrating growing financial viability amid domestic price competition. Leapmotor posted a 2025 full-year profit of $78 million, while Nio and Xpeng generated positive fourth-quarter earnings. The companies join BYD, Li Auto, and Xiaomi among Chinese new energy vehicle makers with positive cash flow.
XPeng Founder and CEO He Xiaopeng announced that the first Aridge Land Aircraft Carrier flying car handed over to UAE partners will soon begin test flights in the country's regulatory pilot zone. The announcement followed a visit to the company's Guangzhou factory by Sheikh Saud bin Saqr Al Qasimi, Ruler of Ras Al Khaimah. While He did not specify a date, Aridge's finance chief previously indicated testing could start in early 2027.
Chinese flying-car developer Aridge plans to begin testing its modular Land Aircraft Carrier in the UAE in early 2027, with initial consumer deliveries targeted for late 2027 or early 2028. Speaking at the Dubai Business Forum in Shenzhen, CFO Michael Du stated the aircraft has completed Chinese regulatory test flights and is awaiting final type certification. Testing will take place within a regulatory sandbox established in Ras Al Khaimah.
Chinese automaker XPENG has introduced its Kunpeng Super Range Extender technology to the GCC market through a regional test drive tour of its GX SUV. Announced at a media workshop in Dubai, the Grand Xplore Tour will traverse all six GCC member nations starting and ending in the UAE. The GX model features a 63.3 kWh battery and 60-litre fuel tank, delivering up to 1,585 km of combined CLTC range.
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