In the third quarter of 2020, CATL’s net profit attributable to shareholders rose 4.24% year on year to 1.42 billion yuan ($211.388 million).
Oct. 28 , 2020
Sales of new energy vehicles (NEVs) in China, the world’s biggest auto market, will grow to 20% of overall new vehicle sales by 2025 from today’s 5% and jump to 50% by 2035, the China Society of Automotive Engineers (China-SAE) said on October 27.
Oct. 27 , 2020
The Xing Rui, Geely Auto’s first sedan model based on Compact Modular Architecture (CMA), will hit the market on November 1, according to a posting on Geely Auto’s WeChat account.
Oct. 27 , 2020
Skywell, a young all-electric PV brand launched in late 2019, is going to roll out four all-new full-electric models over the next five years, according to a product planning exposed by a local media outlet.
Oct. 26 , 2020
ECARX, a Geely-backed tech company, announced on October 26 it has closed its series A financing with 1.3 billion yuan ($194,456,470) raised, reaching a valuation of over 10 billion yuan ($1,495,819,000).
Oct. 26 , 2020
Dongfeng Peugeot Citroen Automobile Co.,Ltd (DPCA), a joint venture between Dongfeng Motor Corporation and Group PSA, plans to roll out 14 new models that meet Chinese consumers' demands in the following five years.
Oct. 26 , 2020