Chinese EV innovator WM Motor plans to roll out a sedan and two SUV models in the second half of 2020 and the year of 2021, some of which are likely to be powered by Level 4 autonomous driving and 5G technologies, according to a local media report.
Jul. 29 , 2020
According to the China Insurance Regulatory Commission (CIRC), the so-called first-tier startups—NIO, Li Auto, WM Motor, Xpeng Motors and HOZON Auto—accounted for nearly 90% of the June insurance registrations of the Chinese startup-made NEVs.
Jul. 29 , 2020
Dongfeng Motor Group Company Limited, a HK-listed company engaged in auto-related businesses, said on Jul. 27 it intends to file for an initial public offering of RMB ordinary shares and go public on the Shenzhen Stock Exchang’s ChiNext Market.
Jul. 28 , 2020
Chinese EV startup plans to set up a subsidiary focusing on managing its battery assets and correspondingly launch BaaS (Battery as a Service) products, people with knowledge of the plan said.
Jul. 23 , 2020
On July 21, EVE Energy announced that its subsidiary EVE Power Co.,Ltd. has received a statement of intent to cooperate which said BMW Brilliance Automotive Ltd. is interested in partnering with EVE Power to let the latter be its battery supplier.
Jul. 22 , 2020
HOZON Auto, a Chinese EV startup operates a brand that is homonymous with the teen hero of Chinese mythology “Nezha”, has initiated its Series C funding round, and plans to go public on China's Nasdaq-style sci-tech innovation board.
Jul. 21 , 2020