News
FAW Group, BYD hold ground-breaking ceremony for joint power battery plant
FAW Group, BYD hold ground-breaking ceremony for joint power battery plant

On Feb. 26, FAW Fudi New Energy Technology Co., Ltd (FAW Fudi), a joint venture between FAW Group and BYD, broke ground on a power battery manufacturing base in Changchun city, Jilin province, according to a post on FAW Group’s WeChat account.

Feb. 28 , 2022
GAC Capital invests in autonomous driving chip startup EVAS Intelligence
GAC Capital invests in autonomous driving chip startup EVAS Intelligence

China’s autonomous driving chip startup, EVAS Intelligence, has completed its angel investment round worth roughly RMB200 million, the company announced on February 28th.

Feb. 28 , 2022
BYD registers most new energy passenger vehicles in China in January
BYD registers most new energy passenger vehicles in China in January

China’s registrations of locally-made PVs in January saw a decline from a year ago, but the registrations of locally-made new energy PVs more than doubled from a year ago, according to the data compiled by Gasgoo Auto Research Institute (GARI).

Feb. 28 , 2022
Car and City: Beijing Jan. 2022 registrations of new passenger vehicles
Car and City: Beijing Jan. 2022 registrations of new passenger vehicles

In the first month of 2022, Beijing’s domestically-made passenger vehicle registrations saw a double-digit decline from December 2021, especially new energy vehicle (NEV) registrations, according to data compiled by Gasgoo Auto Research Institute.

Feb. 28 , 2022
JAC Group, ThunderSoft to set up automotive intelligence joint venture
JAC Group, ThunderSoft to set up automotive intelligence joint venture

On February 26th, China’s major automaker JAC Group has inked an agreement with leading OS developer, ThunderSoft, to set up an automotive intelligence joint venture in Hefei, Anhui Province.

Feb. 28 , 2022
NIO announces proposed secondary listing in Hong Kong, with shares to start trading on March 10
NIO announces proposed secondary listing in Hong Kong, with shares to start trading on March 10

NIO is expected to start share trading in Hong Kong on March 10, 2022, the company said this morning.

Feb. 28 , 2022