EV
Geely’s premium EV maker ZEEKR nabs $750 million in Series A funding
Geely’s premium EV maker ZEEKR nabs $750 million in Series A funding

ZEEKR Intelligent Technology Co., Ltd., the premium electric vehicle (EV) manufacturer of Geely Auto Group, today announced the completion of its Series A financing, which bagged for the company $750 million.

Feb. 13 , 2023
SVOLT’s subsidiary teams up with Miracle Automation on battery raw materials recycling
SVOLT’s subsidiary teams up with Miracle Automation on battery raw materials recycling

Tengqingqing Recycling Resources (Shangrao) Co., Ltd., a wholly-owned subsidiary of Chinese power battery maker SVOLT, and Miracle Automation announced the establishment of a 51/49 JV to conduct cooperation on recycling of battery raw materials.

Feb. 10 , 2023
Mercedes-Maybach’s initial PHEV model to be sold in Chinese market first
Mercedes-Maybach’s initial PHEV model to be sold in Chinese market first

Mercedes-Maybach this week launched its first plug-in hybrid electric vehicle (PHEV) model, the Mercedes‑Maybach S 580 e, which is scheduled to hit the Chinese market in 2023 initially.

Feb. 10 , 2023
EVE Energy to build 20GWh power & energy storage battery base in Chengdu city
EVE Energy to build 20GWh power & energy storage battery base in Chengdu city

On Feb.7, EVE Energy signed an agreement to launch a power & energy storage battery production project in Chengdu city, the capital of China’s Sichuan province, according to “Chengdu Fabu”, the WeChat account of Chengdu's government.

Feb. 8 , 2023
YUDO sees Yuntu SUV’s PPV model come off line
YUDO sees Yuntu SUV’s PPV model come off line

Chinese new energy vehicle (NEV) startup YUDO saw the PPV (production process validation) model of the Yuntu (Chinese Pinyin) roll off the production line at its smart plant in Putian city, Guangdong province on Feb. 1.

Feb. 8 , 2023
HOZON Auto eyes 300,000 vehicles of annual deliveries in 2023
HOZON Auto eyes 300,000 vehicles of annual deliveries in 2023

HOZON Auto, the owner of the Chinese new energy vehicle brand NETA, is ambitious to deliver 300,000 vehicles through 2023, according to a press release recently issued by the company.

Feb. 7 , 2023