EV
IM Motors bags over 8 billion yuan in Series B equity financing
IM Motors bags over 8 billion yuan in Series B equity financing

IM Motors, the premium electric vehicle brand co-backed by SAIC Motor, Alibaba Group, and Zhangjiang High-Tech, announced on March 1 the successful completion of its Series B equity financing, which raised for the company over 8 billion yuan.

Mar. 1 , 2024
DEEPAL SL03, S7 Honor Edition models hit market
DEEPAL SL03, S7 Honor Edition models hit market

DEEPAL, the new energy vehicle brand under Changan Automobile, on February 29 launched the Honor Edition models for its mid-size sedan, the DEEPAL SL03, and the SUV model, the DEEPAL S7.

Mar. 1 , 2024
Li Auto scores 21.8% YoY jump in Feb. 2024 vehicle deliveries
Li Auto scores 21.8% YoY jump in Feb. 2024 vehicle deliveries

Li Auto, a prominent new energy vehicle maker in China, announced on the last day of February that it delivered 20,251 vehicles in the second month of 2024, representing a 21.8% year over year.

Mar. 1 , 2024
ARCFOX introduces α T, α T5 models in Laos
ARCFOX introduces α T, α T5 models in Laos

On February 22, ARCFOX, the premium new energy vehicle brand of BAIC Group, held a grand unveiling and new store opening ceremony in Laos, officially introducing the α T and the α T5 models to this country.

Feb. 29 , 2024
Volkswagen Group, XPENG ink master agreement on co-development of platform, software
Volkswagen Group, XPENG ink master agreement on co-development of platform, software

On February 28, Volkswagen Group and XPENG jointly announced that they have entered into a Master Agreement on Platform and Software strategic technical collaboration.

Feb. 29 , 2024
SVOLT starts operation of battery factory in Thailand
SVOLT starts operation of battery factory in Thailand

On Feb. 28, Chinese power battery supplier SVOLT held a ceremony to celebrate the production commencement of its Thailand battery factory, with volume product delivery kicking off as well, according to a post on its WeChat account.

Feb. 28 , 2024