Market & Industry
Farizon-backed Chunqing Technology completes Pre-A+ funding round
Farizon-backed Chunqing Technology completes Pre-A+ funding round

On December 18, Chunqing Technology, a subsidiary of Farizon New Energy Commercial Vehicle Group (Farizon), announced the completion of its Pre-A+ financing round, which raised for the company $135 million.

Dec. 18 , 2024
Audi FAW NEV's manufacturing factory starts operation
Audi FAW NEV's manufacturing factory starts operation

On December 17, Audi FAW New Energy Vehicle (NEV) Co., Ltd. (Audi FAW NEV) officially began operation at its manufacturing factory, according to a post on the company's WeChat account. The first model produced here is the Audi Q6L e-tron.

Dec. 18 , 2024
EVE Energy inaugurates new 60GWh super energy storage plant
EVE Energy inaugurates new 60GWh super energy storage plant

On December 10, Chinese lithium battery supplier EVE Energy officially inaugurated its new 60GWh super energy storage factory in Jingmen city, Hubei province, with the 628Ah ultra-high-capacity cell "Mr.Big" put into production there.

Dec. 18 , 2024
AVATR secures over 11 billion yuan in Series C financing
AVATR secures over 11 billion yuan in Series C financing

On December 17, premium new energy vehicle brand AVATR announced the successful completion of its Series C financing round, which raised for the company over 11 billion yuan.

Dec. 18 , 2024
Gasgoo Daily: MINIEYE to start trading in Hong Kong on Dec. 27
Gasgoo Daily: MINIEYE to start trading in Hong Kong on Dec. 27

With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

Dec. 17 , 2024
BYD's Xi'an factory surpasses annual output of 1 million vehicles for first time
BYD's Xi'an factory surpasses annual output of 1 million vehicles for first time

As of December 13, BYD's Xi'an factory has achieved the annual production target of 1 million vehicles, marking the first time the facility to cross this output volume in a single year, according to a post on "Xi'an High-tech".

Dec. 17 , 2024