Deepal funding

Chinese EVs Surge: Huawei L3 Wins, Deepal $6.1B Funding

China's EV sector explodes with Huawei Qiankun's L3 approvals for Alpha S and Deepal, plus 6.122B RMB Deepal funding and IM Motors' first profit. Benchmarks like NIO ES8 shine in chassis tests amid Bosch AI cockpit reveals. These signal 2026 L3 dominance and global expansion for brands like NIO, Zeekr, and XPeng.