Market & Industry
Geely-backed Cao Cao Mobility raises 3.8 billion yuan in Series B financing
Geely-backed Cao Cao Mobility raises 3.8 billion yuan in Series B financing

Cao Cao Mobility, a ride-hailing platform strategically invested by Geely Technology Group, announced earlier this week it has closed the Series B funding with 3.8 billion yuan ($588.609 million) raised.

Sep. 7 , 2021
JAC calls on specific timeline for carbon reduction target
JAC calls on specific timeline for carbon reduction target

On September 4th, Xiang Xingchu, secretary of JAC Groups’ communist party committee, and the group’s chairman, urged the government to publish a clear blueprint and schedule with detailed instructions on the carbon neutralization target during the In

Sep. 6 , 2021
Wang Jun starts to serve as COO of Huawei’s auto BU
Wang Jun starts to serve as COO of Huawei’s auto BU

HUAWEI’s Intelligent Automotive Solution Business Unit (hereinafter referred to as the BU) released a notice of personnel adjustments recently.

Sep. 6 , 2021
Geely has already put 27,000 methanol-powered PVs on roads
Geely has already put 27,000 methanol-powered PVs on roads

Chinese automaker Geely has to-day deployed 27,000 methanol-powered passenger vehicles (PVs), which have run for 8 billion kilometers in total, said Li Shufu, Chairman of Zhejiang Geely Holding Group.

Sep. 6 , 2021
Dongfeng Motor YTD sales edge up 7% YoY
Dongfeng Motor YTD sales edge up 7% YoY

Dongfeng Motor’s year-to-date sales volume by the end of August 2021 was 2.1286 million vehicles, indicating a 7% increase year on year, according to the motor group.

Sep. 6 , 2021
Car and City: July 2021 registrations of NIO models
Car and City: July 2021 registrations of NIO models

For the month of July 2021, the insurance registrations of NIO's three mass-produced models totaled 8,052 units, soaring 125% year on year, while also growing 3.5% month on month, according to the CBIRC.

Sep. 6 , 2021