News
Xpeng Motors achieves RMB 2.2 billion B-round funding, leading by Alibaba, IDG Capital
Xpeng Motors achieves RMB 2.2 billion B-round funding, leading by Alibaba, IDG Capital

Xpeng Motors held a press conference for its B-round financing in Hong Kong on Jan. 29. This financing was jointly led by Alibaba Group, Foxconn and IDG Capital, followed by Yunfeng Capital, Apoletto and CICC

Jan. 30 , 2018
Zotye said to change badge with V-shaped letter in middle
Zotye said to change badge with V-shaped letter in middle

Though Zotye’s models look too much alike with the luxury models, it gained great success and currently it will reportedly change its Z-shaped badge with a shield-like badge, which has a letter “V” in the middle.

Jan. 29 , 2018
Lifan Group to see year-on-year net profit growth of 72% to 121%  in 2017
Lifan Group to see year-on-year net profit growth of 72% to 121% in 2017

Lifan Group revealed that the company expects to achieve a year-on-year operating revenue growth of over 10% in 2017. The net profit attributable to shareholders may increase RMB 60 million to RMB 100 million, jumping 72.64% to 121.06% year on year

Jan. 29 , 2018
Great Wall 2017 net profit slumps 52.28% year on year
Great Wall 2017 net profit slumps 52.28% year on year

Chinese automaker Great Wall Motor revealed that the company may achieve operating revenues of nearly RMB 101.169 billion, up 2.59% year on year, while the net profit attributable to shareholders slumped 52.28% from a year earlier.

Jan. 29 , 2018
Hongqi to unveil first BEV in October
Hongqi to unveil first BEV in October

Hongqi will introduce the first electric vehicle in 2018 and it will run the fuel cell vehicle in batches in the following year. In 2020, its all-new FME platform will roll out series of electric vehicles, which can have a range of 600km.

Jan. 29 , 2018
Analysis: development trends of electric motors for NEVs in China
Analysis: development trends of electric motors for NEVs in China

Since China has been the largest auto market and also the biggest NEV market worldwide, there is a great potential in China’s electric motor market. So, what are the trends of the development of electric motors for NEVs?

Jan. 26 , 2018