Market & Industry
Baoneng Motor sets up charging service subsidiary in Guangzhou
Baoneng Motor sets up charging service subsidiary in Guangzhou

Baoneng Motor, the automobile unit of Chinese property conglomerate Baoneng Group, last week registered a charging service subsidiary in Guangzhou, which involves a registered capital of 10 million yuan.

Feb. 1 , 2021
Lynk & Co ZERO Concept’s mass-produced version goes into trial production
Lynk & Co ZERO Concept’s mass-produced version goes into trial production

The mass-produced vehicle of the ZERO Concept, the first full-electric vehicle model (BEV) of Geely Auto’s Lynk & Co brand, has gone into trial production and is expected for sale in the second half of 2021, according to a local media outlet.

Feb. 1 , 2021
Hongqi achieves best-ever monthly sales in Jan. 2021
Hongqi achieves best-ever monthly sales in Jan. 2021

FAW Group’s premium brand Hongqi said its monthly sales hit a new high of 32,500 units in January 2020, soaring 158% from a year earlier.

Feb. 1 , 2021
Geely, Faraday Future cooperate in technology, engineering
Geely, Faraday Future cooperate in technology, engineering

Zhejiang Geely Holding Group (Geely Holding) and Faraday Future (FF) have signed a framework cooperation agreement, two companies announced today.

Jan. 29 , 2021
Dec. 2020 update of top 5 Chinese EV startups’ insurance registrations
Dec. 2020 update of top 5 Chinese EV startups’ insurance registrations

Among the NEPVs registered last month, 29,425 units were from Chinese EV startups, a splendid growth of 174% compared to the year-ago period.

Jan. 28 , 2021
China’s DiDi bags $3 million for autonomous driving unit
China’s DiDi bags $3 million for autonomous driving unit

Chinese ride-hailing giant Didi Chuxing (DiDi) has raised $300 million for its autonomous driving arm, according to a local media outlet.

Jan. 28 , 2021