News
BAIC BJEV’s Jan.-Apr. sales tumble 56.43% year on year
BAIC BJEV’s Jan.-Apr. sales tumble 56.43% year on year

BAIC BJEV, the electric vehicle (EV) unit of BAIC Group, sold 1,028 new vehicles in April 2021, posting a year-on-year surge of 75.4%.

May 17 , 2021
Shanghai to build first hydrogen testing base in Jiading district
Shanghai to build first hydrogen testing base in Jiading district

Shanghai plans to start building its first hydrogen energy testing base at the end of July this year, and expects to complete the construction at the end of 2022, according to a posting on the official WeChat account of Jiading District, Shanghai.

May 16 , 2021
EV startup HOZON Auto says total car outputs hit 40,000 units
EV startup HOZON Auto says total car outputs hit 40,000 units

HOZON Auto, a Chinese startup owning EV brand Nezha, announced its cumulative vehicle outputs reached 40,000 units on May 10 at the car manufacturing plant in Tongxiang, Zhejiang province.

May 14 , 2021
XPeng Reports First Quarter 2021 Unaudited Financial Results
XPeng Reports First Quarter 2021 Unaudited Financial Results

XPeng Inc., a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its unaudited financial results for the first quarter ended March 31, 2021.

May 13 , 2021
Great Wall Holdings, Sinopec team up on hydrogen energy
Great Wall Holdings, Sinopec team up on hydrogen energy

Great Wall Holdings Group Limited and China’s state-controlled oil firm Sinopec Group inked a framework agreement on May 12 to cooperate on hydrogen energy business, according to a posting on Great Wall Motor (GWM)’s WeChat account.

May 13 , 2021
Autonomous driving startup WeRide closes Series C funding round, valued at $3.3 billion
Autonomous driving startup WeRide closes Series C funding round, valued at $3.3 billion

Chinese autonomous driving startup WeRide announced on May 13 the completion of its Series C funding with several hundred million dollars raised, valuing the company at $3.3 billion.

May 13 , 2021