China-based EV startup Xpeng Motors announced on August 2 that it has completed a RMB 4billion worth of Series B+ round financing, which was the largest single round of financing so far this year among Chinese vehicle startups by the value raised.
Aug. 2 , 2018
Audi China announced on August 1 that Thomas Owsianski will be hired as Audi China's next president, succeeding Joachim Wedler, who will be retiring in the fourth quarter after a successful career with the Audi Group spanning 34 years.
Aug. 1 , 2018
Hangzhou authorities recently issued the Hangzhou Regulations on Intelligent and Connected Vehicles Road Testing (Trial) (hereinafter referred to as the Hangzhou Regulations), which will officially come into effect on August 20.
Aug. 1 , 2018
Chinese EV startup CHJ Automotive updated the information about it second model on the company’s website. Reportedly, the new SUV model likely be launched in October and the first batch of the model will be delivered in 2019.
Jul. 31 , 2018
FAW-Volkswagen (FAW-VW)’s first SUV model the T-ROC (“Tange” in Chinese) officially hit the market on July 30. At the launch event, the automaker announced that it will roll out 5 SUV models (including the T-ROC) over the next three years.
Jul. 31 , 2018
JAC forecasted net profit of RMB 164 million from January to June, slumping 53% compared to RMB 345 million during the same period last year, according to JAC’s H1 financial forecast released on July 31.
Jul. 31 , 2018