The first public financing round of IM Motors, an electric vehicle joint venture among SAIC Motor, Alibaba Group and Zhangjiang Hi-Tech, has already been in the works, Liu Tao, co-CEO of IM Motors, recently revealed to a local media outlet.
May 6 , 2022
Guangzhou Greater Bay Technology (“GBT”), which specializes in the production, development and sales of super-fast charge lithium batteries, announced on May 5 it bagged 1 billion yuan ($149.894 million) in the A funding round.
May 6 , 2022
NIO Inc. (“NIO”) announced on May 6 the proposed secondary listing of its Class A ordinary shares, par value of $0.00025, by means of introduction on the Main Board of the Singapore Exchange Securities Trading Limited (“the SGX-ST”).
May 6 , 2022
China’s top 5 new energy vehicle startups all had a month-over-month decrease in April while Leapmotor outsold others by monthly deliveries for the first time.
May 1 , 2022
China’s electric vehicle startup XPeng delivered 9,002 Smart EVs in April 2022, representing a 75% increase year-over-year.
May 1 , 2022
China’s new energy vehicle startup Li Auto delivered 4,167 vehicles in April 2022.
May 1 , 2022