- SAIC’s mobility service brand Xiangdao Chuxing bags over 300 mln yuan in Series A round
Xiangdao Chuxing, SAIC Motor’s mobility service brand, announced on Dec. 18 it has closed its Series A round with over 300 million yuan ($45,846,330) raised from Alibaba Group and CATL.
Dec. 22 , 2020
- SAIC’s mobility service brand Xiangdao Chuxing bags over 300 mln yuan in Series A round
- Faraday Future builds subsidiary in Zhuhai for NEV sale business
Faraday Future (FF), the California-based electric vehicle (EV) startup with a complicated past, last week set up a subsidiary in Zhuhai, Guangdong province, according to the corporate data platform T...
Dec. 21 , 2020
- Faraday Future builds subsidiary in Zhuhai for NEV sale business
- GAC NIO granted 15 mln yuan of loans from GAC Group after talks with Beijing officials
GAC Group agreed on December 18 to offer GAC NIO a loan of 15 million yuan ($2.29 million) with an one-year tenure, according to the automaker’s announcement.
Dec. 21 , 2020
- GAC NIO granted 15 mln yuan of loans from GAC Group after talks with Beijing officials
- FAW Hongqi hits 200,000-unit annual production target ahead of schedule
Hongqi, the premium car marque of FAW Group, announced it output over 200,000 new vehicles as of December 20 in 2020, achieving its annual production target 11 days ahead of schedule.
Dec. 21 , 2020
- FAW Hongqi hits 200,000-unit annual production target ahead of schedule
- Tesla builds sales service subsidiary in Harbin
U.S. EV manufacturer Tesla recently set up a new sales service company in Harbin, the capital of Heilongjiang province, according to the corporate data platform Tianyancha.
Dec. 18 , 2020
- Tesla builds sales service subsidiary in Harbin
- SAIC’s premium EV brand Zhiji Motor to show three models at Auto China 2021
Zhiji Motor, an upscale electric vehicle (EV) brand announced by SAIC Motor, will showcase three all-new vehicles models at next year’s Shanghai International Automobile Exhibition (Auto China 2021)...
Dec. 18 , 2020
- SAIC’s premium EV brand Zhiji Motor to show three models at Auto China 2021
- China auto sales in 2020 expected to recover to prior-year level
China’s auto industry for the year of 2020 is forecasted to recover to the year-ago level, Meng Wei, a spokeswoman for China’s National Development and Reform Commission (NDRC) said at a press con...
Dec. 17 , 2020
- China auto sales in 2020 expected to recover to prior-year level
- GAC Group to test graphene-enabled battery for in-car volume production at end-2020
GAC Group recently said the R&D of the graphene-enhanced battery is well underway and the company is likely to test the battery for volume production in vehicles at the end of this year.
Dec. 16 , 2020
- GAC Group to test graphene-enabled battery for in-car volume production at end-2020