News
CATL signs agreement to build manufacturing base in Shanghai
CATL signs agreement to build manufacturing base in Shanghai

On August 18, CATL signed a strategic cooperation framework agreement with Shanghai municipal government to set up a high-end manufacturing base in the megacity.

Aug. 19 , 2021
Car and City: H1 2021 registrations of XPeng models
Car and City: H1 2021 registrations of XPeng models

For the first half of 2021 (H1), a total of 29,898 consumers in China bought insurance for XPeng’s new vehicles, according to the China Banking and Insurance Regulatory Commission (CBIRC).

Aug. 19 , 2021
Great Wall Motor targets annual capacity of 100,000 vehicles in Brazil
Great Wall Motor targets annual capacity of 100,000 vehicles in Brazil

After the retooling, the plant will have an annual capacity of 100,000 vehicles and create 2000 jobs.

Aug. 19 , 2021
Chinese self-driving startup Neolix closes B round financing led by SoftBank Ventures Asia
Chinese self-driving startup Neolix closes B round financing led by SoftBank Ventures Asia

Neolix Autonomous Vehicle, a driverless delivery vehicle startup in China, has raised hundreds of millions of yuan in the series B fundraising, the company announced on August 8.

Aug. 18 , 2021
Geely Auto sees H1 2021 net profit rise 4% YoY
Geely Auto sees H1 2021 net profit rise 4% YoY

Geely Auto's semi-annual profit attributable to its equity holders climbed 4% to 2.381 billion ($367.607 million).

Aug. 18 , 2021
Car and City: H1 2021 registrations of NIO models
Car and City: H1 2021 registrations of NIO models

NIO’s monthly registrations hit an all-time high of 7,777 units in June. Both ES6 and ESC recorded their highest-ever monthly insurance volume last month.

Aug. 18 , 2021