In the second half of this year, WM Motor plans to launch the M7, its first battery electric sedan and the first model from its M family.
Jul. 16 , 2021Chinese power battery giant CATL and Tencent Cloud entered into a strategic cooperation agreement on July 15 to co-boost intelligence upgrade for the new energy industry, according to a post on Tencent Cloud’s WeChat account.
Jul. 16 , 2021SAIC Audi and Alibaba Cloud signed a memorandum of cooperation on July 15 to co-work on businesses related to Uni Marketing, IoV (Internet of Vehicles), digital ecosystem, and smart logistics service.
Jul. 15 , 2021Shanghai expects its annual new energy vehicle (NEV) output volume to exceed 1.2 million units and the output value of the NEV industry to top 350 billion yuan ($54.073 billion) per year by 2025, according to Shanghai municipal government.
Jul. 14 , 2021Banma Network Technology (Banma), a Chinese Internet car solution provider, nabbed 3 billion yuan ($463.485 million) worth of capital from its four existing shareholders, namely, Alibaba Group, SAIC Group, CMG-SDIC Capital, and Yunfeng Capital.
Jul. 14 , 2021China had roughly 1.947 million EV charging piles by the end of June 2021, representing 47.3% compared to the cumulative number for the year-ago period.
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