- Alibaba-backed Banma secures 3 billion yuan from four existing shareholders
Banma Network Technology (Banma), a Chinese Internet car solution provider, nabbed 3 billion yuan ($463.485 million) worth of capital from its four existing shareholders, namely, Alibaba Group, SAIC G...
July 14 , 2021
- Alibaba-backed Banma secures 3 billion yuan from four existing shareholders
- China’s number of EV charging piles jumps 47.3% YoY to 1.947 million by June 2021
China had roughly 1.947 million EV charging piles by the end of June 2021, representing 47.3% compared to the cumulative number for the year-ago period.
July 14 , 2021
- China’s number of EV charging piles jumps 47.3% YoY to 1.947 million by June 2021
- Gotion High-Tech, Volkswagen Group to team up on industrialized battery production
On July 12, Gotion High-tech and Volkswagen Group reached a strategic cooperation framework agreement to co-boost the industrialized production of battery cells at the Salzgitter site of Volkswagen Gr...
July 13 , 2021
- Gotion High-Tech, Volkswagen Group to team up on industrialized battery production
- Baidu Apollo, ON Semiconductor co-develop studio for autonomous driving image sensors
Baidu’s autonomous driving unit Apollo and the U.S.-based semiconductor supplier ON Semiconductor recently set up a joint studio dedicated to exploring and developing autonomous vehicle image sensor...
July 13 , 2021
- Baidu Apollo, ON Semiconductor co-develop studio for autonomous driving image sensors
- GAC Aion about to start volume production of 1,000-km range AION LX
GAC Aion, GAC Group’s wholly-owned subsidiary dedicated to NEV business, announced a few days ago the Aion LX with 1,000-km range has completed its hot-weather testing in Sanya, Hainan province, and...
July 13 , 2021
- GAC Aion about to start volume production of 1,000-km range AION LX
- GAC Group scores 24.49% growth in first-half sales
GAC Group said its new vehicle sales amounted to 1,026,505 units for the first half of 2021, jumping 24.49% year on year. During the same period, the group output 1,001,446 vehicles, representing a 25...
July 12 , 2021
- GAC Group scores 24.49% growth in first-half sales
- GWM June sales up 22.7% year on year
During the first half of this year, GWM’s sales were 618,211 vehicles, soaring 56.5% compared with the same period of last year. In overseas markets, the automaker’s sales tripled to 61,672 vehicl...
July 12 , 2021
- GWM June sales up 22.7% year on year
- GAC Group, Huawei to co-develop smart BEV model
GAC Group announced on July 12 the first smart all-electric vehicle model it jointly develops with Huawei will go into volume production at the end of 2023.
July 12 , 2021
- GAC Group, Huawei to co-develop smart BEV model