EV
Four problems prominent in China NEV industry
Four problems prominent in China NEV industry

Currently, new energy vehicle (NEV) has become the strategic development direction for many countries’ auto industry. With more and more investment from global companies, the market scale of this segment has been expanding rapidly.

Feb. 2 , 2018
BYD secures 50% market share in Britain's battery electric bus segment
BYD secures 50% market share in Britain's battery electric bus segment

BYD’s red battery electric buses started to run on London’s streets on December 18, 2013, when battery electric buses were relatively new around the global.

Feb. 1 , 2018
FAW-VW Audi plans to launch 7 new NEV models before 2020
FAW-VW Audi plans to launch 7 new NEV models before 2020

Jing Qingchun, executive vice-president of the FAW-VW Audi Sales Division said on Jan. 31 that they will release seven new NEV models by 2020, which will be sold throughout Audi’s existing dealership network.

Feb. 1 , 2018
Leapmotor closes pre-A round financing of RMB 400 million
Leapmotor closes pre-A round financing of RMB 400 million

Leapmotor announced in recent days that it received investments from four institutions and three investors, after the pre-A round financing was led by Sequoia Capital China.

Jan. 30 , 2018
Xpeng Motors achieves RMB 2.2 billion B-round funding, leading by Alibaba, IDG Capital
Xpeng Motors achieves RMB 2.2 billion B-round funding, leading by Alibaba, IDG Capital

Xpeng Motors held a press conference for its B-round financing in Hong Kong on Jan. 29. This financing was jointly led by Alibaba Group, Foxconn and IDG Capital, followed by Yunfeng Capital, Apoletto and CICC

Jan. 30 , 2018
Hongqi to unveil first BEV in October
Hongqi to unveil first BEV in October

Hongqi will introduce the first electric vehicle in 2018 and it will run the fuel cell vehicle in batches in the following year. In 2020, its all-new FME platform will roll out series of electric vehicles, which can have a range of 600km.

Jan. 29 , 2018