Market & Industry
Qoros Auto to roll out five new models in 2021
Qoros Auto to roll out five new models in 2021

Qoros Auto announced on Feb. 19 it will roll out five new models in 2021, including an all-new compact sedan, two REEV (range-extended electric vehicle) models and the refreshed versions of the Qoros 5S and the Qoros 7.

Feb. 20 , 2021
GAC NIO announces completion of capital increase worth 2.405 billion yuan
GAC NIO announces completion of capital increase worth 2.405 billion yuan

GAC NIO, a joint venture between Chinese automaker GAC Group and NIO, announced on Feb. 19 it has completed a capital increase by drawing a total of 2.405 billion yuan ($370.747 million).

Feb. 20 , 2021
China PV wholesales in Jan. 2021: Wuling Hongguang no longer among top 10 PV models
China PV wholesales in Jan. 2021: Wuling Hongguang no longer among top 10 PV models

Among the top 10 China-made PV models by Jan. wholesales, there were seven car models and three SUV models.

Feb. 19 , 2021
Li Auto hits 40,000 delivery milestone within only 14.5 months
Li Auto hits 40,000 delivery milestone within only 14.5 months

Li Auto said the cumulative deliveries of its Li ONE REEV surpassed 40,000 units as of Feb. 18, 2021, only 14.5 months after the delivery kicked off. Notably, the company was also the first Chinese EV startup that achieved the milestone.

Feb. 18 , 2021
BYD’s executive confirms receipt of Hillhouse Capital’s investment
BYD’s executive confirms receipt of Hillhouse Capital’s investment

Hillhouse Capital, an Asia-focused private equity firm, has spent $200 million on acquiring the stocks BYD recently issued to specified objects, a local media outlet reported earlier this month.

Feb. 18 , 2021
Geely taking fast lane to intelligent vehicle ecosystem
Geely taking fast lane to intelligent vehicle ecosystem

For Geely, who has evolved into a global automaker through a slew of acquisitions and partnerships, every step it takes should pave the way for a solid foothold in the smart EV era.

Feb. 18 , 2021