EV
SGMW launches Wuling Red No.1 Battery dedicated to new energy commercial vehicles
SGMW launches Wuling Red No.1 Battery dedicated to new energy commercial vehicles

SAIC-GM-Wuling officially launched the Wuling Red No. 1 Battery, specifically designed for new energy commercial vehicles (NECV). The company claims that the new battery is the first in its class to utilize liquid cooling techology.

Jan. 26 , 2024
GAC Group to support GAC Hino in NEV transition through equity adjustment
GAC Group to support GAC Hino in NEV transition through equity adjustment

GAC Group, in conjunction with Guangzhou Qingyun New Energy Technology Investment Partnership Enterprise (Limited Partnership), plans to acquire 39.72% and 5.45% equity stakes in GAC Hino, respectively, from Hino Motors.

Jan. 25 , 2024
SGMW eyes 700,000 units of annual new energy vehicle output, sales in 2024
SGMW eyes 700,000 units of annual new energy vehicle output, sales in 2024

SAIC-GM-Wuling ("SGMW") recently revealed via its WeChat account its ambitious goal to manufacture and sell 700,000 new energy vehicles in 2024.

Jan. 25 , 2024
Gecko Motors completes Pre-A funding round for new energy commercial vehicle R&D
Gecko Motors completes Pre-A funding round for new energy commercial vehicle R&D

Gecko Motors, a Chinese company with advanced digital chassis as the core, recently announced the completion of a Pre-A round financing, which bagged for the company hundreds of millions of yuan.

Jan. 23 , 2024
Car retail platform Huasheng Haoche bags 650 million yuan in new funding round
Car retail platform Huasheng Haoche bags 650 million yuan in new funding round

On January 22, China's leading automotive new retail platform, Huasheng Haoche, announced that it had raised 650 million yuan in a new financing round, which was led by local state-owned asset divisions.

Jan. 23 , 2024
SAIC Motor breaks ground on new battery base in Nanjing city’s Jiangbei New Area
SAIC Motor breaks ground on new battery base in Nanjing city’s Jiangbei New Area

On January 21, the groundbreaking ceremony for the battery and new energy power technology factory project at the Jiangbei New Area base of Nanjing Automobile Group was held in Nanjing city.

Jan. 23 , 2024