Chinese largest automaker SAIC Motor intends to launch an all-new intelligent EV brand code-named “L”, which will operate businesses as an independent company, according to a local media outlet.
Oct. 14 , 2020
In September, China’s locally-produced new energy passenger vehicle (NEPV) wholesale volume exceeded 125,000 units, skyrocketing 99.6% from a year ago and jumping 24.1% from a month ago, according to the China Passenger Car Association (CPCA).
Oct. 14 , 2020
Enovate has banked 5 billion yuan ($741,146,950) in a new financing round, which is led by local government industry guidance funds and large-scale state-run banks, the Chinese EV startup announced on October 14 via its WeChat account.
Oct. 14 , 2020
The company expects the year-on-year growth rate of its earnings in the reporting period will be in the range of 115.97% to 128.67%.
Oct. 13 , 2020
GAC Group announced that its Sept. sales jump 15.59% year on year to 218,042 units, showing double-digit growth for the third month in a row.
Oct. 13 , 2020
For the month of September, around 1.939 million locally-produced PVs (referring to cars, MPVs, SUVs and minibuses) were handed over to consumers in China, representing a year-on-year growth of 7.4%, according to the CPCA.
Oct. 13 , 2020