On Aug. 22, Youxia Motors announced the completion of $ 350 million series B+ funding round, which was totally invested by Gezhi Capital. In the meantime, Gezhi Capital also became the second largest shareholder of Youxia Motors.
Aug. 22 , 2018
Zotye Automobile Co., Ltd (Zotye Auto) generated RMB 10.251 billion in operation revenues and RMB 305 million in net profits for the first half of 2018, achieving year-on-year surge of 77.15% and 37% respectively, the automaker reported on August 21.
Aug. 22 , 2018
In order to transform from a traditional auto manufacturer to a mobility service provider, Great Wall Motor (GWM) launched its mobility brand called "ORA Mobility" recently.
Aug. 22 , 2018
Yi Han, executive deputy general manager of Lynk & Co Sales Company disclosed that 32 new Lynk & Co centers will be opened in 31 cities in the evening of Aug. 21.
Aug. 21 , 2018
Traum Auto recently exposed the future plan about part of its new models, including all-new SUV model and various NEV models.
Aug. 21 , 2018
China EV startup Sitech announced that its first mass-produced model, the DEV 1 rolled off the production line at FAW Group On Aug. 16.
Aug. 21 , 2018