Banma Network Technology (Banma), a Chinese Internet car solution provider, nabbed 3 billion yuan ($463.485 million) worth of capital from its four existing shareholders, namely, Alibaba Group, SAIC Group, CMG-SDIC Capital, and Yunfeng Capital.
Jul. 14 , 2021
China had roughly 1.947 million EV charging piles by the end of June 2021, representing 47.3% compared to the cumulative number for the year-ago period.
Jul. 14 , 2021
On July 12, Gotion High-tech and Volkswagen Group reached a strategic cooperation framework agreement to co-boost the industrialized production of battery cells at the Salzgitter site of Volkswagen Group Components.
Jul. 13 , 2021
During the first half of this year, GWM’s sales were 618,211 vehicles, soaring 56.5% compared with the same period of last year. In overseas markets, the automaker’s sales tripled to 61,672 vehicles and accounted for 10% of its total sales.
Jul. 12 , 2021
GAC Group announced on July 12 the first smart all-electric vehicle model it jointly develops with Huawei will go into volume production at the end of 2023.
Jul. 12 , 2021
SAIC Motor’s new vehicle sales in June tumbled 31.46% from a year ago to 328,621 units, while its cumulative sales for the first half of this year still jumped 12.11%, the company announced on July 9.
Jul. 9 , 2021