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XPENG's affiliated ARIDGE rolls out first unit of Land Aircraft Carrier's flying module
The event marked the completion of the world's first mass-production line for flying cars and the launch of the first modern factory capable of producing such vehicles on an industrial scale.
Chery Group posts 13% YoY growth in Jan.-Oct. 2025 sales
The automaker sold 281,161 vehicles in October, marking a 3.3% year-on-year jump.
[SMM Magnesium Ingot Spot Report: Fugu Magnesium Ingot Offers Increased, Trading Remains Thin Awaiting Volume] Today, magnesium ingot ex-factory offers in the Fugu area increased slightly by 50 yuan/mt to 16,100-16,200 yuan/mt, while mainstream transaction prices in the market remained stable at 16,100-16,150 yuan/mt, though overall trading volume was limited. Supported by the recent stabilization of ex-factory prices and an increase in overseas inquiries, traders showed stronger pricing sentiment, with the FOB transaction range moving up to $2,270-2,350/mt, reflecting a pattern of strength overseas and stability domestically. The market is currently caught between cost support and insufficient demand follow-up in the short term, and a wait-and-see sentiment persists.
Costs Down and Prices Up, Aluminum Industry's Average Profit Broke Through 5,000 Yuan/mt in October
