Speaking of Chinese NEV brands, such startups as NIO, WM Motor and Xpeng Motors must frequently come to your mind. In fact, multiple traditional OEMs also operate NEV business through an independent arm, but use different strategies.
Sep. 11 , 2019
Chinese biggest automaker SAIC Motor reported a 7.87% year-on-year decrease in August sales, a slower downturn than that of July, but still faced the 12th-month-in-a-row decline.
Sep. 10 , 2019
GAC Group’s auto sales slide 6.78% year on year to 161,774 units in August, the automaker reported on September 9.
Sep. 10 , 2019
Sales at BYD fell 13.95% to 36,009 units in August, versus the 16.96% year-on-year drop in July sales, according to the automaker’s latest sales report.
Sep. 9 , 2019
German flying taxi startup Volocopter announced it has raised 50 million euros ($55.13 million) in the first funding of Series C round, which was led by Zhejiang Geely Holding Group (Geely).
Sep. 9 , 2019
Federal Chancellor Angela Merkel, accompanied by a top-level German business delegation, visited the new location of automotive supplier Webasto in the city of Wuhan (Hubei Province).
Sep. 8 , 2019