Xpeng Motors announced on July 20 the signing of its Series C+ financing of around US$500 million with a group of investors including Aspex, Coatue, Hillhouse and Sequoia Capital China.
Jul. 20 , 2020
Dongfeng Motor Corporation announced on July 17 its all-new premium EV brand dubbed “Lantu” with the logo unveiled in the meantime.
Jul. 20 , 2020
NIO witnessed on July 18 its 50,000th mass-produced vehicle roll off the production line at the JAC-NIO Advanced Manufacturing Center in Hefei, only 783 days after the first one coming out, the EV manufacture announced via its WeChat account.
Jul. 18 , 2020
Hefei Guoxuan Battery Material Co.,Ltd. inked an agreement on July 16 with Hefei Lujiang Hi-tech Industrial Development Zone Management Committee to initiate the project of high-nickel ternary cathode material with an annual capacity of 30,000 tons.
Jul. 17 , 2020
Chinese authorities plan to hold activities in the second half of the year for bringing new energy vehicles (NEVs) to the countryside so as to spur the NEV sales that have been mired by prolonged downturn.
Jul. 16 , 2020
Hongqi, the premium auto brand of FAW Group, will launch its first supercar model, the Hongqi S9, at the end of 2020, which is expected to be priced at over 10 million yuan ($1,429,000), according to Wang Guoqiang, vice president of FAW Group.
Jul. 16 , 2020