- New energy vehicles projected to take up 51.9% of China’s passenger vehicle retail sales in Dec. 2024: CPCA
Of those, new energy vehicle (NEV) sales are expected to account for around 1.4 million units in December, representing a penetration rate of 51.9%.
Dec. 19 , 2024
- Farizon-backed Chunqing Technology completes Pre-A+ funding round
On December 18, Chunqing Technology, a subsidiary of Farizon New Energy Commercial Vehicle Group (Farizon), announced the completion of its Pre-A+ financing round, which raised for the company $135 mi...
Dec. 18 , 2024
- Audi FAW NEV's manufacturing factory starts operation
On December 17, Audi FAW New Energy Vehicle (NEV) Co., Ltd. (Audi FAW NEV) officially began operation at its manufacturing factory, according to a post on the company's WeChat account. The first mode...
Dec. 18 , 2024
- EVE Energy inaugurates new 60GWh super energy storage plant
On December 10, Chinese lithium battery supplier EVE Energy officially inaugurated its new 60GWh super energy storage factory in Jingmen city, Hubei province, with the 628Ah ultra-high-capacity c...
Dec. 18 , 2024
- Chinese automaker Haima Motor sails through official evaluation of second FCEV pilot project's first phase
Chinese automaker Haima Motor Corporation (Haima) recently saw the first phase of its second fuel cell electric vehicle (FCEV) pilot project pass the evaluation led by the Hainai authorities, securing...
Dec. 18 , 2024
- Gasgoo Daily: Cumulative sales of Wuling Binguo family surpass 400,000 units
With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.
Dec. 18 , 2024
- Changan Kaicheng plans to introduce new investors
Changan Automobile announced on December 17 that its commercial vehicle subsidiary, Changan Kaicheng, plans to raise up to 2.5 billion yuan through a capital expansion.
Dec. 18 , 2024
- AVATR secures over 11 billion yuan in Series C financing
On December 17, premium new energy vehicle brand AVATR announced the successful completion of its Series C financing round, which raised for the company over 11 billion yuan.
Dec. 18 , 2024
