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Chinese intelligent driving solution provider Freetech completes Series B+ financing round
Chinese intelligent driving solution provider Freetech completes Series B+ financing round

On January 31, China’s intelligent driving solution provider Freetech announced the completion of its Series B+ financing round.

Jan. 31 , 2023
Huawei’s automaking partner SERES Group expects 2022 annual revenue to double YoY
Huawei’s automaking partner SERES Group expects 2022 annual revenue to double YoY

On January 30, SERES Group, Huawei’s car-making partner previously known as Chongqing Sokon Industry Group, announced it projects an annual net loss in the year 2022.

Jan. 31 , 2023
China’s Zhejiang province eyes annual NEV production volume of over 1.2 million units by 2025
China’s Zhejiang province eyes annual NEV production volume of over 1.2 million units by 2025

East China's Zhejiang province expects its annual production volume of new energy vehicles (NEVs) to surpass 1.2 million units by 2025, according to a document issued by the Zhejiang Provincial Development and Reform Commission on Jan. 29.

Jan. 31 , 2023
Geely’s premium EV brand ZEEKR to put two all-new models onto market in 2023
Geely’s premium EV brand ZEEKR to put two all-new models onto market in 2023

ZEEKR, the premium electric vehicle (EV) brand of Geely Holding, announced on Monday its five major missions for the year of 2023 through a letter to its staff members.

Jan. 30 , 2023
BAIC BluePark projects net loss of at least 5.2 billion yuan in 2022
BAIC BluePark projects net loss of at least 5.2 billion yuan in 2022

BAIC BluePark New Energy Technology Co., Ltd., ("BAIC BluePark"), the parent company of BAIC BJEV, on Jan. 30 released the forecast of its financial results for the year of 2022.

Jan. 30 , 2023
Chery so far ships 2.4 million vehicles overseas
Chery so far ships 2.4 million vehicles overseas

During the just ended Chinese Lunar New Year holidays, Chery Holding Group (Chery) successively shipped 24,000 vehicles to eleven countries in Europe, Central Asia, Australia, and South America, the automaker disclosed on January 30.

Jan. 30 , 2023