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Battery materials supplier Shengrong Technology closes angel round
Battery materials supplier Shengrong Technology closes angel round

Recently, Hunan Shengrong Technology Co., Ltd. successfully closed an angel investment round with tens of millions of yuan raised, according to a post on WeChat account of Cowin Capital, who served as the exclusive investor of the round.

Mar. 11 , 2024
Geely Holding records sales volume of 184,200 vehicles in Feb. 2024
Geely Holding records sales volume of 184,200 vehicles in Feb. 2024

Zhejiang Geely Holding Group ("Geely Holding") announced on Monday that its automobile sales volume reached around 184,200 units in the second month of 2024.

Mar. 11 , 2024
China’s Jan.-Feb. auto output rises 8.1% YoY, sales grow 11.1% YoY
China’s Jan.-Feb. auto output rises 8.1% YoY, sales grow 11.1% YoY

In the second month of 2024, China produced a total of 1.506 million vehicles, representing a 37.5% drop from the previous month and 25.9% decline over the previous year, according to data from the China Association of Automobile Manufacturers.

Mar. 11 , 2024
JAC, Huawei’s first Smart Selection model said to be pure-electric MPV
JAC, Huawei’s first Smart Selection model said to be pure-electric MPV

Huawei and JAC Group's collaboration under the Huawei Smart Selection model, aimed at developing high-end electric vehicles, has unveiled further details.

Mar. 11 , 2024
Ji Yue licensed to conduct L3 intelligent connected vehicle road test in Optics Valley of China
Ji Yue licensed to conduct L3 intelligent connected vehicle road test in Optics Valley of China

The Optics Valley of China, also known as the Wuhan East Lake High-tech Development Zone, launched the L3 intelligent connected vehicle road-testing project on March 8 and issued its first L3 autonomous driving test license.

Mar. 11 , 2024
GAC Group logs 25.24% YoY drop in Jan.-Feb. 2024 auto wholesales, but retail sales still climb
GAC Group logs 25.24% YoY drop in Jan.-Feb. 2024 auto wholesales, but retail sales still climb

GAC Group said its vehicle wholesale volume reached 98,401 units in the second month of 2024, declining 38.96% compared to the prior-year period.

Mar. 8 , 2024