EV
Tencent, IDG Capital invest in Chinese auto startup ROX’s Series E financing round
Tencent, IDG Capital invest in Chinese auto startup ROX’s Series E financing round

ROX, the auto startup project founded by Chang Jing, the founder and CEO of China’s intelligent cleaning robot company Roborock, has reportedly closed its Series E financing round, which was led by Tencent and IDG Capital.

Feb. 27 , 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
Great Wall Motor puts ORA Good Cat onto Hong Kong, Macao auto market
Great Wall Motor puts ORA Good Cat onto Hong Kong, Macao auto market

Last week, Great Wall Motor successfully put the ORA Good Cat electric vehicle model onto the local new energy vehicle market in Hong Kong and Macao.

Feb. 22 , 2023
Car and City: Wuling Hongguang MINIEV posts YoY, MoM drop in Jan. 2023 registrations
Car and City: Wuling Hongguang MINIEV posts YoY, MoM drop in Jan. 2023 registrations

In the first month of 2023, there were 18,045 Wuling Hongguang MINIEVs registered across the Chinese mainland, representing a 39.06% year-on-year decline and a 46.01% month-on-month plunge, according to the data compiled by GARI.

Feb. 22 , 2023
NIO raises the target number of new power swap stations for year of 2023
NIO raises the target number of new power swap stations for year of 2023

NIO has revised the target it set for its battery swapping network to be deployed in 2023.

Feb. 21 , 2023