On Apr. 8, Ruichi Intelligent, which is reportedly regarded as Faraday Future's affiliated company, gained an area of land at Wanqingsha Bonded Port Area, Nansha District, Guangzhou with an auctioned price of RMB 364.1 million.
Apr. 9 , 2018
Recently, Guizhou Geely NEV Co. Ltd. (Guizhou Geely NEV), located in Guanshanhu Area, Guiyang, Guizhou province, started the trial operation of its production line.
Apr. 9 , 2018
NIO, one of China’s EV startups, plans to deliver 30,000 new vehicles and gain revenue of RMB 11.4 billion in 2018, but the startup also expects to have a loss of RMB 5.1 billion in 2018, according to the insiders from NIO.
Apr. 8 , 2018
Youxia Motors announced the completion of RMB 5 billion B-round funding on Mar. 31, which was jointly invested by 12 venture capital institutions, including Qianhai Mergers and Acquisition Funds, SINOEP and China Fortune Ocean.
Apr. 3 , 2018
Geely will make further deployment in NEV field and shape a product lineup with almost 40 NEV models by 2020. It will release 3 NEV models in 2018.
Apr. 2 , 2018
According to insiders from NIO, the all-new ES8 will make official debut in 2021. The new model is slated to have great improvement in power performance and is expected to double the range to 600km.
Mar. 30 , 2018