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Chinese cybersecurity giant 360 leads Series D round of EV startup HOZON Auto
Chinese cybersecurity giant 360 leads Series D round of EV startup HOZON Auto

Chinese EV startup HOZON Auto, who owns the EV brand Nezha, announced on April 26 the beginning of its Series D financing, which is intended to raise roughly 3 billion yuan and is strategically led by Chinese Internet security company 360.

Apr. 27 , 2021
China PV wholesales in March 2021: Hongguang MINIEV honored No.3 PV model with only BEVs for sale
China PV wholesales in March 2021: Hongguang MINIEV honored No.3 PV model with only BEVs for sale

The Hongguang MINIEV was still the only one on the top 10 PV model list only pure electric vehicles (BEVs) for sale.

Apr. 27 , 2021
【March, 2021】China Passenger Vehicle Sales Analysis
【March, 2021】China Passenger Vehicle Sales Analysis

In March, domestic PV market sold 1.87 million vehicles, a year-on-year increase of 77.4%.

Apr. 26 , 2021
Orders of Huawei tech-powered SERES SF5 exceed 3,000 units within two days
Orders of Huawei tech-powered SERES SF5 exceed 3,000 units within two days

As of April 22, SERES has received over 3,000 orders for the SERES Huawei Smart Selection SF5, a REEV (range-extended electric vehicle) model using many Huawei’s technologies, only two days after the presale kicked off.

Apr. 25 , 2021
Great Wall Motor denies rumored plan of production suspension due to chip shortage
Great Wall Motor denies rumored plan of production suspension due to chip shortage

GWM announced on April 25 it has no plans to stop outputs at the car manufacturing plants in Yongchuan and Xushui, as an official denial of the a local report saying it would halt production at the two plants in May and June due to the chip shortage.

Apr. 25 , 2021
DeepRoute.ai given permit to have passenger-carrying autonomous car test in Shenzhen
DeepRoute.ai given permit to have passenger-carrying autonomous car test in Shenzhen

Chinese self-driving solution provider DeepRoute.ai has become the first automaker to obtain the permit that allows its self-driving cars to carry passengers on the streets in Shenzhen.

Apr. 25 , 2021