News
Sokon to launch intelligent NEV brand in March
Sokon to launch intelligent NEV brand in March

Chongqing Sokon Industry Group Stock Co., Ltd. (Sokon) announced on Feb. 23 that the company’s intelligent NEV brand will be launched in March.

Feb. 27 , 2018
Former Baidu vice president's startup Kuandeng completes RMB 100 million series A financing
Former Baidu vice president's startup Kuandeng completes RMB 100 million series A financing

Recently, Kuandeng, a China’s high definition map (HD map) startup, announced that the company has closed a series A capital round of hundreds of million RMB, which was led by IDG Capital and followed by Chengwei Capital and LanTing Capital.

Feb. 27 , 2018
Lynk&Co 02 to make worldwide debut on March 26
Lynk&Co 02 to make worldwide debut on March 26

Lynk&Co 02, the all-new crossover under the brand, will make its world debut in Amsterdam, Netherlands on March 26. The new model is expected to hit the market in 2018 with a starting price of RMB 120,000.

Feb. 27 , 2018
Xi’an to build up automotive industrial cluster valuing RMB 100 billion in five years
Xi’an to build up automotive industrial cluster valuing RMB 100 billion in five years

Xi’an municipal government recently announced that it will support Xi’an Economic and Technological Development Zone to develop an automotive industrial cluster valuing RMB 100 billion over the next five years.

Feb. 26 , 2018
Xpeng Motors achieves wholesales volume of 39 vehicles in January
Xpeng Motors achieves wholesales volume of 39 vehicles in January

According to the data released by China Passenger Car Association (CPCA), Xpeng Motors, a China's electric vehicle (EV) startup, achieved a wholesales volume of 39 vehicles in the past January.

Feb. 26 , 2018
China issues provisional regulations for recycling of NEV power battery
China issues provisional regulations for recycling of NEV power battery

The vehicle manufacturer should build the recycling channels for NEV power battery and take charge of the waste battery used in vehicles. The government encourages that relevant enterprises can work together to build and share the recycling channels.

Feb. 26 , 2018