EV
Geely-backed ZEEKR sees monthly deliveries zoom up 87.1% YoY in Feb. 2023
Geely-backed ZEEKR sees monthly deliveries zoom up 87.1% YoY in Feb. 2023

ZEEKR, the premium electric vehicle brand of Geely, delivered 5,455 vehicles in Feb. 2023, representing an 87.1% year-on-year soar and a 75.1% month-on-month surge, according to an announcement Geely Automobile Holdings Limited issued on Wednesday.

Mar. 1 , 2023
GAC AION boasts three-digit YoY, MoM surge in Feb. 2023 auto sales
GAC AION boasts three-digit YoY, MoM surge in Feb. 2023 auto sales

GAC AION, the new energy vehicle (NEV) subsidiary of GAC Group, announced on Wednesday its monthly sales stood at 30,086 units in Feb. 2023, rocketing 252.87% and 194.79% year on year and month on month, respectively.

Mar. 1 , 2023
Geely-backed VREMT team up with Alibaba for overseas business development
Geely-backed VREMT team up with Alibaba for overseas business development

On Feb. 28, VREMT, a subsidiary of Geely Holding, signed an agreement with Alibaba.com, a cross-border e-commerce platform of Alibaba Group, to conduct strategic cooperation on some “going global” projects.

Mar. 1 , 2023
SERES, Huawei deepen cooperation, eyeing annual NEV sales of 1 million units in 2026
SERES, Huawei deepen cooperation, eyeing annual NEV sales of 1 million units in 2026

On February 25, SERES and Huawei inked an agreement to deepen their joint business cooperation in Shenzhen. Based on their cooperation, the joint business goal of SERES is to achieve an annual production and sales volume of new energy vehicles of 1 m

Feb. 27 , 2023
IM Motors nabs 5 billion yuan worth of loan
IM Motors nabs 5 billion yuan worth of loan

IM Motors, the premium electric vehicle makers jointly backed by SAIC Motor, Alibaba Group, and Zhangjiang High-Tech, recently obtained a loan worth 5 billion yuan ($723.066 million) by signing an agreement with a group of financial institutions.

Feb. 24 , 2023
GAC Group, GAC AION to lift capital contributions to NEV startup HYCAN
GAC Group, GAC AION to lift capital contributions to NEV startup HYCAN

GAC Group and its subsidiary GAC AION will increase their capital contributions to HYCAN by 107 million yuan ($15.474 million) and 493 million yuan ($71.294 million), in proportion to their respective shareholdings of 4.46% and 20.54%.

Feb. 24 , 2023