- Lifan Technology introduces EV model from Geely Technology Group
Lifan Technology (Group) Co.,Ltd., whose predecessor is Lifan Industry (Group) Co.,Ltd., was inaugurated on Jan. 25 and formally introduced from Geely Technology Group a new model available for swappable batteries.
- Xpeng Motors to launch third mass-produced model in 2021
Xpeng Motors plans to launch its third production model in 2021 and the vehicle is expected for delivery as early as this year’s fourth quarter, according to a media outlet, citing Brian Hongdi Gu, Vice Chairman and President of Xpeng Motors.
- Great Wall Motor gains 19% YoY growth in 2020 net profit
Great Wall Motor said its annual revenue hit a record high of 103.283 billion yuan in 2020, rising 7.35% compared to the previous year. Its full-year net profit attributable to shareholders jumped 19% year on year to 5.392 billion yuan.
- Geely in talk with Faraday Future for offering contract manufacturing service-sources
EV startup Faraday Future reportedly attempts to produce some of its all-electric vehicles in China by building a vehicle plant and is working on enlisting the help of China’s Geely in contract manufacturing services.
- Dongfeng-backed chip producer to mass produce power semiconductor modules from April
Zhixin Semiconductor Co.,Ltd., a chipset manufacturer backed by Dongfeng Motor Group, is expected to start running its power chip module assembly line with an annual capacity of 300,000 sets in April ...
Jan. 22 , 2021
- Hefei said to pump 2 billion yuan into EV startup Leapmotor
Hefei municipal government intends to invest around 2 billion yuan ($308.2 million) in Leapmotor, a Hangzhou-headquartered Chinese EV startup, according to a local media outlet, quoting a person close...
Jan. 22 , 2021
- Volkswagen Group China’s EVP Weiming Soh to be off duties
Weiming Soh, a veteran executive serving for Volkswagen Group for 16 years, will resign from the German auto giant, according to a statement from Mobility Asia, a wholly-owned subsidiary of Volkswagen...
Jan. 21 , 2021
- SAIC Volkswagen’s MEB-based ID. 4 X starts at 199,888 yuan for presale
SAIC Volkswagen (SAIC VW) started on Jan. 21 the presale of its first MED-based model, the ID.4 X.
Jan. 22 , 2021
- Sitech, Sinotruck join hands to roll out new EV models
EV startup Sitech and Sinotruck, a state-owned truck manufacturer formed a strategic partnership on Jan. 20 to team up on the R&D and manufacture of products, supply chain management and sales channel...
Jan. 21 , 2021
- Xpeng-backed auto parts manufacturing subsidiary founded in Shenzhen
Guangzhou Chengxing Zhidong Motors Technology Co.,Ltd. (Chengxing Zhidong), a subsidiary of Xpeng Motors, set up an auto parts manufacturing company last week.
Jan. 20 , 2021
- Baidu’s IoV division adjusts organizational structure
The organizational structure of Baidu’s Internet of Vehicles (IoV) division was adjusted on Jan. 19 with five business branches, three platform branches and three business supporting centers launche...
Jan. 21 , 2021
- WeRide gathers $310 million in Series B funding with Futong Group as leading investor
WeRide, a Guangzhou-based autonomous driving startup, announced on Jan. 14 it has completed a $310 million Series B funding round, which is led by Yutong Group, a Zhengzhou-based commercial vehicle ma...
Jan. 14 , 2021
- NIO applies for trademark registration for NIO Super Computing platform
NIO has applied for the registration of several trademarks related to NIO’s super computing platform “ADAM” with international classifications including scientific instruments and design researc...
Jan. 14 , 2021
