Leapmotor said on July 15 it is ambitious to sell 800,000 vehicles per year by 2025. It expects its annual sales to reach 62,400 units this year.
Jul. 15 , 2021
Shanghai 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 , 2021
Banma 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 , 2021
Ningbo ZEEKR Intelligent Technology Co.,Ltd.'s only shareholder changed to Shanghai Maple Guorun Automobile Co.,Ltd. from Geely Auto Group.
Jul. 13 , 2021
GAC Aion, GAC Group’s wholly-owned subsidiary dedicated to NEV business, announced a few days ago the Aion LX with 1,000-km range has completed its hot-weather testing in Sanya, Hainan province, and is about to go into volume production.
Jul. 13 , 2021
Li Auto, the NEV manufacturer with only one production model for sale, recorded 7,827 units of monthly insurance registrations in June, according to the China Automotive Technology & Research Center.
Jul. 12 , 2021