- WeRide raises $200 million from Yutong Group in Series B1 funding
WeRide, a Guangzhou-based autonomous driving startup, announced on Dec. 23 it has closed its Series B1 financing, which raised $200 million from Chinese CV manufacturer Yutong Group.
Dec. 23 , 2020
- Nov. 2020 update: sales of Chinese mainstream automobile groups
Mainstream automobile groups in China continued sales rebound in November.
Dec. 15 , 2020
- October 2020 update of top 5 Chinese EV startups’ insurance registrations
In October, consumers in China bought the Mandatory Liability Insurance for Traffic Accidents of Motor Vehicles (MLI) for roughly 124,600 homegrown new energy passenger vehicles (NEPVs), representing ...
Nov. 29 , 2020
- Chinese EV startup Leapmotor said to go public on STAR Market in H2 2021
Chinese EV innovator Leapmotor intends to be listed on the technology-focused Science and Technology Innovation Board (STAR market) in the second half of 2021, according to a local media, citing sourc...
Nov. 26 , 2020
- Bright spots of Chinese EV startups at Auto Guangzhou 2020
As 2020’s last large-scale international motor show held in China, the Auto Guangzhou attracted a number of EV startups, including Xpeng Motors, Li Auto, Human Horizons and Leapmotor.
Nov. 25 , 2020
- October 2020 update: sales of Chinese mainstream automobile groups
China auto sales reached 2.573 million units in October, growing 12.5% from a year earlier and showing year-on-year increase for the seventh month in a row, according to the China Association of Autom...
Nov. 17 , 2020
- Chinese EV innovator HOZON Auto puts third production model Nezha V into market
Nezha, the EV brand launched by HOZON Auto, announced on Nov. 3 its third production model, the Nezha V, officially hit the market. Targeting the entry-level BEV segment, the new model is priced from ...
Nov. 04 , 2020
- Top 5 Chinese EV startups all gain robust MoM growth in Sept. insurance registrations
The insurance registrations of startup-made NEVs topped 17,000 units last month, leaping from the roughly 13,000 units for the previous month, according to the CIRC.
Oct. 29 , 2020
