Market & Industry
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
Liao Bing resigns as CEO of GAC NIO
Liao Bing resigns as CEO of GAC NIO

Liao Bing, founder and CEO of GAC NIO, resigned on Jan. 22 as chief executive officer (CEO) of GAC NIO and dropped all administrative duties at the company’s subsidiaries, according to a posting on Liao’s Weibo account.

Jan. 27 , 2021
Lifan Technology introduces EV model from Geely Technology Group
Lifan Technology introduces EV model from Geely Technology Group

Lifan Technology (Group) Co.,Ltd., whose predecessor is Lifan Industry (Group) Co.,Ltd., was inaugurated on Jan. 25 and formally introduced from Geely Technology Group a new model available for swappable batteries.

Jan. 26 , 2021
Great Wall Motor gains 19% YoY growth in 2020 net profit
Great Wall Motor gains 19% YoY growth in 2020 net profit

Great Wall Motor said its annual revenue hit a record high of 103.283 billion yuan in 2020, rising 7.35% compared to the previous year. Its full-year net profit attributable to shareholders jumped 19% year on year to 5.392 billion yuan.

Jan. 26 , 2021