Xiangdao Chuxing, SAIC Motor’s mobility service brand, announced on Dec. 18 it has closed its Series A round with over 300 million yuan ($45,846,330) raised from Alibaba Group and CATL.
Dec. 22 , 2020
Faraday Future (FF), the California-based electric vehicle (EV) startup with a complicated past, last week set up a subsidiary in Zhuhai, Guangdong province, according to the corporate data platform Tianyancha.
Dec. 21 , 2020
GAC Group agreed on December 18 to offer GAC NIO a loan of 15 million yuan ($2.29 million) with an one-year tenure, according to the automaker’s announcement.
Dec. 21 , 2020
China’s auto industry for the year of 2020 is forecasted to recover to the year-ago level, Meng Wei, a spokeswoman for China’s National Development and Reform Commission (NDRC) said at a press conference held on Dec. 16.
Dec. 17 , 2020
GAC Group recently said the R&D of the graphene-enhanced battery is well underway and the company is likely to test the battery for volume production in vehicles at the end of this year.
Dec. 16 , 2020
On December 15, Great Wall Motor (GWM) launched the “L.E.M.O.N. hybrid DHT”, a highly-integrated multi-mode hybrid solution with high working efficiency, which is available for full range of speeds and multiple travelling scenarios.
Dec. 16 , 2020